Calvert Ultra-Short Income Fund

Scorecard
3 / 5 Stars
Lipper
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Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
TheStreet.com
C- (Hold)

U.S. News evaluated 56 Ultrashort Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 0.82 percent over the past year, 1.09 percent over the past three years, and 2.47 percent over the past five years.

Trailing Returns Updated 03.31.2014
Year to date 0.3%
1 Year 0.8%
3 Years (Annualized) 1.1%
5 Years (Annualized) 2.5%
10 Years (Annualized) N/A

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Summary

The investment seeks to maximize income, to the extent consistent with preservation of capital, through investment in short-term bonds and income-producing securities. The fund normally invests at least 80% of its net assets (including borrowings for investment purposes) in a portfolio of floating-rate securities (e.g., corporate floating rate securities) and securities with durations of less than or equal to one year. It typically invests at least 65% of its net assets in investment grade, U.S. dollar-denominated debt securities, as assessed at the time of purchase. The fund is non-diversified.

Fees

Fees are Low compared to funds in the same category.
Calvert Ultra-Short Income Fund has an expense ratio of 0.89 percent.

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Risk

Risk is Average compared to funds in the same category according to Morningstar.

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See Also:

Top Calvert Investments Funds