Calvert Balanced - DC 529

Daily Performance (as of 2/23/2017)
Price $45.21
Price Change $0.05 (0.11%)
YTD Return (No Charge) 3.11%
YTD Return (4.75% Sales Charge) -1.78%
Fund Facts (as of 2/23/2017)
Calvert Fund Number 123
CUSIP Number 254935828
Assets Under Management $0.00 Million

Overview

Fund Management

Calvert Research and Management

Joshua Linder,
Portfolio Manager

Vishal Khanduja, CFA
Vice President and Co-Portfolio Manager

Brian S. Ellis, CFA
Portfolio Manager

Christopher Madden, CFA,
Portfolio Manager

Kurt Moeller, CFA,
Portfolio Manager

Jade Huang,
Portfolio Manager

Top 10 Holdings

Top 10 Equity Holdings

The top 10 companies in which the portfolio invests, measured by a percentage of total investments.

(percentages are of entire portfolio)
Issues in Portfolio: 418
Click here for all Fund Holdings

Investment Objective

The Fund seeks to achieve a competitive total return through an actively managed portfolio of stocks, bonds, and money market instruments, which offer income and capital growth opportunity.

Investment Strategy

The Fund invests in a combination of stocks, bonds, and money market instruments seeking to provide a complete investment portfolio in a single product. The Fund typically invests about 60% of its net assets in stocks and 40% in bonds or other fixed-income investments. The equity portion of the Fund is primarily a large cap core U.S. domestic portfolio, although the Fund may also invest in foreign stocks and mid-cap stocks. The fixed-income investments are primarily a wide variety of investment-grade debt securities, including corporate, mortgage-backed, and other asset-backed securities. The Advisor monitors the Fund's allocation and may rebalance or reallocate the Fund's assets based on its view of economic and market factors and events. In conjunction with financial analysis, Calvert's comprehensive responsible investment principles guide the investment research process and decision-making. The principles, which include Calvert's proprietary assessment of critical environmental, social and governance (ESG) issues, are applied across industries and to specific companies in order to inform the Advisor's view of risk and opportunity factors that may affect investment performance.

Investment Risk

Investment in mutual funds involves risk, including possible loss of principal invested. You could lose money on your investment in the Fund or the Fund could underperform because of the following risks: the market prices of stocks or bonds held by the Fund may fall; individual investments of the Fund may not perform as expected; and/or the Fund's portfolio management practices may not achieve the desired result. There is a risk that the Advisor may allocate assets to an asset class that that underperforms other asset classes. Investing primarily in responsible investments carries the risk that, under certain market conditions, the Fund may underperform funds that do not utilize a responsible investment strategy. In evaluating a company, the Advisor is dependent upon information and data that may be incomplete, inaccurate or unavailable, which could cause the Advisor to incorrectly assess a company’s ESG performance.


Important Disclosure

Holdings are as of the date shown above, may change at any time and are not recommendations to buy or sell any security.

Industry classifications provided by MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, reviewed or produced by MSCI.


Performance

Select additional indices to display below:

Benchmark Index

Checking this box will compare fund performance to that of its benchmark index.

Average Annual Total Returns (%) for period ending 1/31/2017
YTD QTD 1 yr 3 yrs 5 yrs 10 yrs Since Inception Inception
No Charge 1.00 1.00 12.14 5.52 7.61 n/a 7.07 9/30/2008
4.75% Sales Charge -3.78 -3.78 6.81 3.82 6.57 n/a 6.44 9/30/2008
Average Annual Total Returns (%) for period ending 12/31/2016
YTD QTD 1 yr 3 yrs 5 yrs 10 yrs Since Inception Inception
No Charge 7.56 1.11 7.56 4.58 8.19 n/a 7.01 9/30/2008
4.75% Sales Charge 2.46 -3.69 2.46 2.90 7.14 n/a 6.38 9/30/2008
Portfolio Expenses and Turnover
(Performance data quoted above already reflects deduction for portfolio operating expenses)
Expense Ratio Expense Ratio
(if no waiver reimbursement in effect)
Fund Turnover
1.12% n/a

Hypothetical Growth of $10,000

Yearly Percentage Return


Important Disclosure

A DC resident must pay an annual account maintenance fee of $15, while a non-DC resident pays an annual account maintenance fee of $30.

All expense ratios provided reflect (1) underlying fund expenses and (2) a 0.15% administration and oversight fee payable to DC College Savings Trust. 0.10% of the fee is paid to the program manager, Calvert Investment Management, Inc. Each underlying Calvert Fund's annual operating expenses can be found in its prospectus and annual and semi-annual reports. The annual operating expenses reflect the underlying Fund's most recent fiscal period and, unless otherwise stated, are not a guarantee of future expenses. Where appropriate, expense ratios are adjusted to reflect current fee waivers and/or expense reimbursements. Such expenses will vary on a periodic basis.

The District of Columbia does not guarantee investments in the program. Investments may lose value. In addition, the tax benefits for the program have limitations. Consult your professional tax advisor before investing.


Holdings

Overall Fund Characteristics (Equity and Fixed Income)

Top 10 Holdings

Top 10 Equity Holdings

The top 10 companies in which the portfolio invests, measured by a percentage of total investments.

(percentages are of entire portfolio)
Issues in Portfolio: 418
Click here for all Fund Holdings

Top 10 Countries (% of total investment)

Top 10 Countries (% of total investment)

The portfolio invests in companies based in these countries. The number next to each country name indicates the percentage of the portfolio that investments in that country comprise.

Equity Characteristics

Top 10 Holdings

Top 10 Equity Holdings

The top 10 companies in which the portfolio invests, measured by a percentage of total investments.

(percentages are of entire portfolio)
Issues in Portfolio: 418
Click here for all Fund Holdings
Fixed Income Characteristics

Top 10 Holdings

Top 10 Equity Holdings

The top 10 companies in which the portfolio invests, measured by a percentage of total investments.

(percentages are of entire portfolio)
Issues in Portfolio: 418
Click here for all Fund Holdings

Credit Quality

(percentages are of fixed income allocation

Important Disclosure

Allocation percentages may not add to 100% due to rounding. Negative Cash positions may occur as the result of varying settlement schedules for securities.

Holdings are as of the date shown above, may change at any time and are not recommendations to buy or sell any security.

Industry classifications provided by MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, reviewed or produced by MSCI.

Ratings are determined by using S&P, Moody's and Fitch rating services, whose rating categories are reflected above respectively. The letter ratings generally range from AAA (judged to be of the highest quality, with minimal credit risk) to D (the lowest rated class of bonds, typically in default with respect to timely payment of principal or interest). Bonds rated by all three services are assigned the median rating; if a bond is rated by only two agencies, it is assigned the lowest rating; if it is only rated by one agency, it is assigned that rating. Government securities may be rated lower than AAA/Aaa/AAA or may not be rated, and may include foreign government securities. If a bond is not rated by any of the aforementioned rating services, it appears in the "Not Rated" category. Ratings are subject to change.


Management & Commentary

Fund Management

Calvert Research and Management

As investment advisor to the Calvert family of funds, Calvert Investment Management, Inc. oversees assets covering a broad range of equity, fixed-income, balanced, and asset allocation funds.

Joshua Linder,
Portfolio Manager

Vishal Khanduja, CFA
Vice President and Co-Portfolio Manager

Brian S. Ellis, CFA
Portfolio Manager

Christopher Madden, CFA,
Portfolio Manager

Kurt Moeller, CFA,
Portfolio Manager

Jade Huang,
Portfolio Manager

Fees & Minimums

Annual Operating Expenses (deducted from Fund assets)

Description Expense
Underlying Fund Expenses 0.970%
Administrative Fee 0.150%
Total annual Fund operating expenses 1.120%

Participant Fees (fees paid directly from your account)

Description Fee
Maximum sales charge (load) imposed on purchases
(as a percentage of offering price)
4.75%

Fund Expense Ratios

Description Expense
Expense Ratio
1.12%

Investment Minimums

Description Minimum
Minimum Initial Investment $100
Minimum Initial Investment (automatic contribution) $25
Minimum Initial Investment (payroll deduction) $15

Important Disclosure

A DC resident must pay an annual account maintenance fee of $15, while a non-DC resident pays an annual account maintenance fee of $30.

An account owner who is a resident of the District of Columbia who purchases shares directly from Calvert, or an account owner who contributes through payroll deduction from a company with 300 or more employees, pays no sales charge. An account owner who purchases shares with the assistance of a financial professional, or a non-DC resident who purchases directly from Calvert, pays a sales charge.


For more information on the DC College Savings Plan, please call 800.987.4859 (800.368.2745 for non-District residents) or contact your financial advisor.  An investor should consider the investment objectives, risks, charges, and expenses of an investment carefully before investing.

The District of Columbia College Savings Trust Program Disclosure Booklet contains this and other information. Read it carefully before you invest or send money.

An investor should also consider, before investing, whether the investor's or designated beneficiary's home state offers any state tax or other benefits that are only available to residents of that state. An investment in another state’s 529 college savings plan may not offer comparable benefits.

The Government of the District of Columbia does not guarantee investments in the program. Investment involves risk, including possible loss of principal.