Calvert High Yield Bond applies a traditional approach within an environmental, social, and governance framework. Its experienced portfolio management team and deep high-yield analyst bench adeptly navigate this market. While this fund appeals to investors seeking a responsible investing high-yield option, the ESG-factor-screening process limits its prospects, supporting a Morningstar Analyst Rating of Neutral on most share classes and Negative on its most expensive.
Calvert High Yield Bond I CYBIX
NAV / 1-Day Return
23.88
/
0.16
%
Total Assets
503.8 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.760%
Expense Ratio
0.760%
Fee Level
Above Average
Longest Manager Tenure
5.37
years
Category
High Yield Bond
Credit Quality / Interest Rate Sensitivity
Low / LimitedMin. Initial Investment
1,000,000
Status
Open
TTM Yield
4.52%
Effective Duration
3.51
years
Premium
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 CYBIX 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 CYBIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the CYBIX 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 CYBIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Experienced portfolio managers lead this ESG-focused high-yield strategy.
