Calvert Moderate Allocation Fund (CMAAX)
Calvert Moderate Allocation Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Washington, DC, US. The stock last traded at $25.61, up 0.35% on the session, giving a market capitalisation of $415.8M. Its beta of 1.05 implies it has historically moved more than the broad market.
This offering operates as a 'fund of funds,' aiming to fulfill its investment objectives by primarily deploying capital into a selection of Calvert's own income and equity portfolios. These underlying investments are rigorously chosen to align with specific investment criteria, notably encompassing the firm's responsible investing principles. Generally, 50% to 80% of its net assets are directed towards funds predominantly focused on equity securities, with 20% to 50% allocated to funds emphasizing income-generating securities. Furthermore, a small portion, from 0% to 10%, of its net assets may be maintained in cash or short-term money market instruments.
Calvert Moderate Allocation Fund is most often compared with the following Financial Services names: