Calvert Ultra-Short Duration Income A (CULAX)
Calvert Ultra-Short Duration Income A operates in the Asset Management industry of the Financial Services sector, headquartered in Nashville, TN, US. The stock last traded at $9.91, up 0.00% on the session, giving a market capitalisation of $701.5M. Its beta of 0.05 implies it has historically moved less than the broad market.
The fund seeks to achieve its investment objective by investing, under normal circumstances, 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. The manager generally defines ultra-short duration securities as those with durations of less than or equal to one year.
Calvert Ultra-Short Duration Income A is most often compared with the following Financial Services names: