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Calvert US Mid-Cap Core Responsible Index Fund
mutual fund
CMCRX
Payout Change
Pending
Price as of:
$42.23
+0.31
+0.74%
primary theme
U.S. Large-Cap Value Equity
share class
CMCRX (Mutual Fund)
Calvert US Mid-Cap Core Responsible Index Fund
Payout Change
Pending
Price as of:
$42.23
+0.31
+0.74%
primary theme
U.S. Large-Cap Value Equity
share class
CMCRX (Mutual Fund)
Calvert US Mid-Cap Core Responsible Index Fund
Payout Change
Pending
Price as of:
$42.23
+0.31
+0.74%
primary theme
U.S. Large-Cap Value Equity
share class
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
14.5%
1 yr return
14.1%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$430 M
Holdings in Top 10
5.1%
52 WEEK LOW AND HIGH
$41.9
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.38%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 92.00%
Redemption Fee 1.00%
Min Investment
Standard (Taxable)
$2,000
IRA
$2,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
CMCRX - Profile
Distributions
- YTD Total Return 14.5%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.57%
- Dividend Yield 1.2%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameCalvert US Mid-Cap Core Responsible Index Fund
-
Fund Family NameCalvert
-
Inception DateFeb 01, 2022
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerThomas Quinn
Fund Description
Calvert US Mid-Cap Core Responsible Index. The Index is composed of the common stocks of mid-size companies that operate their businesses in a manner consistent with The Calvert Principles for Responsible Investment (the “Calvert Principles”). Mid-size companies are selected from the 1,000 largest publicly traded U.S. companies based on market capitalization, excluding business development companies and approximately the 200 largest publicly traded U.S. companies. The Calvert Principles serve as a framework for considering environmental, social and governance (“ESG”) factors. Stocks are weighted in the Index based on their float-adjusted market capitalization within the relevant sector, subject to certain prescribed limits. The Index is owned by CRM, which also serves as investment adviser to the Fund. Christopher Madden, CFA, Co-Head of Applied Responsible Investment Solutions, and Zi Ye, Index Manager, manage the Index construction process at CRM.
As of December 31, 2023, the Index included 614 companies, and the market capitalization ranged from approximately $1.2 billion to $55.6 billion with a weighted average market capitalization of $20.6 billion. Market capitalizations of companies within the Index are subject to change. The number of companies in the Index will change over time due to CRM’s evaluation of an issuer relative to the Calvert Principles or corporate actions involving companies in the Index. The Index is reconstituted annually and is rebalanced quarterly.
CMCRX - Performance
Return Ranking - Trailing
| Period | CMCRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 14.5% | -32.7% | 51.5% | 50.52% |
| 1 Yr | 14.1% | -32.4% | 51.6% | 52.86% |
| 3 Yr | N/A* | -9.5% | 17.8% | 0.88% |
| 5 Yr | N/A* | -2.1% | 43.8% | 0.74% |
| 10 Yr | N/A* | 1.2% | 24.7% | 1.01% |
* Annualized
Return Ranking - Calendar
| Period | CMCRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | N/A | -16.9% | 46.1% | 26.81% |
| 2022 | N/A | -64.7% | 4.6% | 86.88% |
| 2021 | N/A | -44.2% | 57.5% | 29.77% |
| 2020 | N/A | -23.2% | 285.0% | 47.57% |
| 2019 | N/A | -21.4% | 48.5% | 74.41% |
Total Return Ranking - Trailing
| Period | CMCRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 14.5% | -32.7% | 51.5% | 50.52% |
| 1 Yr | 14.1% | -32.4% | 51.6% | 52.86% |
| 3 Yr | N/A* | -9.5% | 17.8% | 0.88% |
| 5 Yr | N/A* | -2.1% | 43.8% | 0.75% |
| 10 Yr | N/A* | 1.2% | 24.7% | 0.76% |
* Annualized
Total Return Ranking - Calendar
| Period | CMCRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | N/A | -15.9% | 46.7% | 26.81% |
| 2022 | N/A | -42.0% | 8.5% | 86.88% |
| 2021 | N/A | 3.6% | 129.7% | 29.68% |
| 2020 | N/A | -22.6% | 304.8% | 47.57% |
| 2019 | N/A | -12.7% | 52.1% | 64.67% |
NAV & Total Return History
CMCRX - Holdings
Concentration Analysis
| CMCRX | Category Low | Category High | CMCRX % Rank | |
|---|---|---|---|---|
| Net Assets | 430 M | 2.09 M | 163 B | 65.48% |
| Number of Holdings | 627 | 2 | 1727 | 2.62% |
| Net Assets in Top 10 | 24.5 M | 466 K | 39.5 B | 87.56% |
| Weighting of Top 10 | 5.12% | 4.4% | 99.1% | 99.81% |
Top 10 Holdings
- Autodesk Inc 0.59%
- United Rentals Inc 0.54%
- Bank of New York Mellon Corp/The 0.53%
- Crown Castle Inc 0.52%
- Trade Desk Inc/The 0.50%
- Fortinet Inc 0.50%
- Allstate Corp/The 0.49%
- Dominion Energy Inc 0.49%
- Fair Isaac Corp 0.48%
- Lennar Corp 0.48%
Asset Allocation
| Weighting | Return Low | Return High | CMCRX % Rank | |
|---|---|---|---|---|
| Stocks | 99.83% | 4.16% | 102.49% | 4.40% |
| Cash | 0.17% | 0.00% | 17.28% | 92.05% |
| Preferred Stocks | 0.00% | 0.00% | 13.68% | 61.27% |
| Other | 0.00% | -2.59% | 39.89% | 66.32% |
| Convertible Bonds | 0.00% | 0.00% | 3.66% | 58.74% |
| Bonds | 0.00% | 0.00% | 97.99% | 60.62% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | CMCRX % Rank | |
|---|---|---|---|---|
| Financial Services | 18.09% | 0.00% | 58.05% | 63.83% |
| Technology | 16.33% | 0.00% | 54.02% | 15.96% |
| Healthcare | 15.21% | 0.00% | 30.08% | 72.33% |
| Industrials | 10.97% | 0.00% | 42.76% | 54.86% |
| Consumer Defense | 8.37% | 0.00% | 34.10% | 51.94% |
| Communication Services | 7.47% | 0.00% | 26.58% | 23.89% |
| Consumer Cyclical | 5.65% | 0.00% | 22.74% | 51.09% |
| Energy | 5.19% | 0.00% | 54.00% | 79.98% |
| Basic Materials | 4.50% | 0.00% | 20.01% | 23.89% |
| Real Estate | 4.39% | 0.00% | 90.54% | 26.82% |
| Utilities | 3.83% | 0.00% | 27.04% | 59.49% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | CMCRX % Rank | |
|---|---|---|---|---|
| US | 99.83% | 4.16% | 102.49% | 4.12% |
| Non US | 0.00% | 0.00% | 24.08% | 71.47% |
CMCRX - Expenses
Operational Fees
| CMCRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.38% | 0.03% | 14.82% | 92.11% |
| Management Fee | 0.24% | 0.00% | 1.50% | 7.13% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.50% | 100.00% |
Sales Fees
| CMCRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
| CMCRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | 1.00% | 1.00% | 2.00% | 87.50% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| CMCRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 92.00% | 0.00% | 488.00% | 86.99% |
CMCRX - Distributions
Dividend Yield Analysis
| CMCRX | Category Low | Category High | CMCRX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.19% | 0.00% | 16.67% | 86.80% |
Dividend Distribution Analysis
| CMCRX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| CMCRX | Category Low | Category High | CMCRX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.57% | -1.51% | 4.28% | 37.36% |
Capital Gain Distribution Analysis
| CMCRX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 12, 2024 | $0.498 | OrdinaryDividend |
| Dec 14, 2023 | $0.419 | OrdinaryDividend |
CMCRX - Fund Manager Analysis
Managers
Thomas Quinn
Start Date
Tenure
Tenure Rank
Jul 27, 2000
20.61
20.6%
Tom is CEO of CornerCap Investment Counsel and is a member of the investment committee. He and Gene Hoots co-founded the firm, which was incorporated in 1989. Tom is also President and Treasurer of CornerCap Group of Funds. His previous positions included being Chief Investment Officer of RJR Investment Management, Inc., the investment advisory subsidiary of RJR Nabisco, and a consultant for Arthur Andersen & Co. He is a Chartered Financial Analyst (CFA) Charterholder and a member of the CFA Institute and the CFA Society of Atlanta. He is a certified public accountant and a member of the American Institute of Certified Public Accountants (AICPA). He has an MS in Industrial and Systems Engineering from Ohio University and a MBA from the University of North Carolina at Greensboro.
Jeffrey Moeller
Start Date
Tenure
Tenure Rank
Mar 31, 2005
15.93
15.9%
Jeff is CornerCap's Director of Research, overseeing the day-to-day execution of Fundametrics® and research of the firm's investment products. He is a member of the investment committee and Portfolio Manager. He comanages the three CornerCap mutual funds (Small Cap Value, Large/Mid Cap Value, and Balanced). Jeff joined CornerCap in 2000 and served as the firm’s trader for three years. He returned in 2004 as a research analyst. Jeff is a Chartered Financial Analyst (CFA) Charterholder and a member of the CFA Institute and the Atlanta Society of Finance and Investment Professionals. He has a BS in Finance from Oklahoma State University.
J. Cannon Carr
Start Date
Tenure
Tenure Rank
Jul 29, 2013
7.59
7.6%
Cannon became Chief Executive Officer in June 2020 after thirteen years as the firm’s Chief Investment Officer. Since joining the firm in 2007, he’s led the firm’s investment committee and oversaw the firm’s investment strategies and process, stock and asset class research, and portfolio management. He also co-manages the three CornerCap mutual funds (Small Cap Value, Large Cap Value, and Balanced). Prior to joining CornerCap, Cannon was a senior equity analyst at CIBC World Markets (formerly Oppenheimer), covering IT business services (2006-07), wireless services (2001-05), and emerging telecom (1998-05). Cannon has provided commentary on CNBC, CNN, Lou Dobbs MoneyLine, and Bloomberg News. He has also been quoted in the New York Times, Wall Street Journal, Financial Times, and Fortune, among other publications. He was rated a five-star analyst by Zachs Research in 2006. Cannon has an MBA from Columbia Business School and a BA from Princeton University in Political Economy. Public service is important to Cannon. He heads the investment committee for the Wesleyan College endowment, serves as Chair of the Advisory Board for the Center for Ethics at Emory University, and is President-Elect of the Atlanta Rotary Club. He is a past Board member of the Technical College System of Georgia Foundation and also currently serves as Chair of the Georgia Tennis Foundation, among other nonprofit endeavors.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.05 | 86.59 | 8.12 | 6.71 |
