Calvert Ultra-Short Duration Income takes on significant credit risk relative to others in the conservative ultrashort bond Morningstar Category. Without a process or personnel edge, the strategy's cheapest share class receives a Morningstar Analyst Rating of Neutral, while its more expensive are rated Negative.
Calvert Ultra-Short Duration Income A CULAX
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will CULAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CULAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the CULAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of CULAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
There is room for this sustainable ultrashort bond fund to grow.
