Calvert Small Cap - DC 529

Daily Performance (as of 2/23/2017)
Price $34.95
Price Change $-0.08 (-0.23%)
YTD Return (No Charge) 2.28%
YTD Return (4.75% Sales Charge) -2.59%
Fund Facts (as of 2/23/2017)
Calvert Fund Number 89
CUSIP Number 254935836
Assets Under Management $0.00 Million

Overview

Fund Management

Calvert Research and Management

Joshua Linder,
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.

Issues in Portfolio: 79
Click here for all Fund Holdings

Investment Objective

The Fund seeks to provide long-term capital appreciation through investment primarily in small-cap common stocks of U.S. companies.

Investment Strategy

The Fund offers opportunities for long-term capital appreciation with a moderate degree of risk through a mix of smaller company stocks that meet the Fund's investment criteria, including financial, sustainability and social responsibility factors. The Fund normally invests at least 80% of its net assets in common stocks of small-cap companies. The Fund's investment process seeks to add value by using the Advisor’s fundamental, quantitative, and macro-economic research and analyses while integrating the Advisor's proprietary views on material environmental, social and governance ("ESG") information as part of its risk and opportunity assessment. The portfolio construction process seeks to maximize the benefit of these insights while managing the Fund's risk profile relative to the benchmark, and minimizing transaction costs. The Fund seeks to invest in companies and other enterprises that demonstrate positive environmental, social and governance performance as they address corporate responsibility and sustainability challenges. The Fund defines small-cap companies as those within the range of market capitalizations of the Russell 2000 Index.

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 held by the Fund may fall; the individual investments of the Fund may not perform as expected; and/or the Fund's portfolio management practices may not achieve the desired result. Prices of small cap stocks can be more volatile than those of larger, more established companies. Small cap companies are more likely to have more limited product lines, fewer capital resources and less depth of management than larger companies. 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 -0.85 -0.85 26.20 9.17 13.95 6.13 6.53 8/1/2005
4.75% Sales Charge -5.56 -5.56 20.21 7.42 12.84 5.62 6.08 8/1/2005
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 19.80 11.35 19.80 8.13 15.41 6.36 6.66 8/1/2005
4.75% Sales Charge 14.09 6.07 14.09 6.39 14.29 5.84 6.21 8/1/2005
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
1.52% 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

Top 10 Holdings

Top 10 Equity Holdings

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

Issues in Portfolio: 79
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.


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.


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

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 1.370%
Administrative Fee 0.150%
Total annual Fund operating expenses 1.520%

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
1.52%

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.