- Issuer
- Calvert
- Inception Date
- Dec 28, 2004
- Category
- Diversified Portfolio
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
CBAIX Performance Chart
Calvert Balanced Fund Class I (CBAIX) is up 4.0% since the beginning of the year. CBAIX is currently trading at $50 per share. Investors who bought $1,000 worth of CBAIX shares 5 years ago would now be looking at an investment worth $1,475.
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Returns By Period
Calvert Balanced Fund Class I (CBAIX) has returned 4.04% so far this year and 14.42% over the past 12 months. Over the last ten years, CBAIX has returned 9.89% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Calvert Balanced Fund Class I
- 1D
- 0.90%
- 1M
- 0.56%
- YTD
- 4.04%
- 6M
- 4.05%
- 1Y
- 14.42%
- 3Y*
- 14.22%
- 5Y*
- 8.09%
- 10Y*
- 9.89%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
CBAIX Monthly Returns History
Based on dividend-adjusted daily data since Dec 27, 2004, CBAIX's average daily return is +0.03%, while the average monthly return is +0.63%. At this rate, an investment would double in approximately 9.2 years.
Historically, 68% of months were positive and 32% were negative. The best month was Apr 2020 with a return of +8.8%, while the worst month was Oct 2008 at -13.5%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 5 months.
On a daily basis, CBAIX closed higher 54% of trading days. The best single day was Oct 13, 2008 with a return of +6.2%, while the worst single day was Mar 16, 2020 at -7.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.17% | -0.39% | -4.34% | 7.20% | 2.02% | -0.34% | 4.04% | ||||||
| 2025 | 2.11% | -0.86% | -3.83% | 0.05% | 3.69% | 3.51% | 1.42% | 1.17% | 1.80% | 1.75% | 1.14% | -0.68% | 11.60% |
| 2024 | 1.84% | 3.17% | 2.03% | -3.26% | 4.62% | 3.48% | 1.14% | 2.34% | 1.54% | -0.94% | 3.81% | -1.72% | 19.24% |
| 2023 | 4.06% | -2.66% | 3.47% | 1.00% | -0.43% | 3.64% | 1.88% | -0.38% | -4.02% | -1.71% | 7.31% | 3.94% | 16.66% |
| 2022 | -5.19% | -1.08% | 1.38% | -6.26% | -0.34% | -4.75% | 5.42% | -3.16% | -6.12% | 3.32% | 4.62% | -3.18% | -15.13% |
| 2021 | -0.94% | 1.91% | 0.84% | 4.33% | 0.16% | 1.83% | 1.64% | 1.54% | -3.15% | 4.04% | -0.93% | 2.65% | 14.56% |
Benchmark Metrics
Calvert Balanced Fund Class I has an annualized alpha of 1.99%, beta of 0.56, and R2 of 0.94 versus S&P 500 Index. Calculated based on daily prices since December 27, 2004.
- This fund participated in 62.93% of S&P 500 Index downside but only 62.44% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.56 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 1.99%
- Beta
- 0.56
- R²
- 0.94
- Upside Capture
- 62.44%
- Downside Capture
- 62.93%
Expense Ratio
CBAIX has an expense ratio of 0.65%, placing it in the medium range.
Return for Risk
Risk / Return Rank
CBAIX ranks 34 for risk / return — below 34% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Calvert Balanced Fund Class I (CBAIX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CBAIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.43 | ||
| Sortino ratioReturn per unit of downside risk | -0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.37 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.87 | 2.78 | -0.92 |
| Martin ratioReturn relative to average drawdown | 7.90 | 12.44 | -4.54 |
Dividends
Dividend History
Calvert Balanced Fund Class I provided a 4.68% dividend yield over the last twelve months, with an annual payout of $2.35 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.35 | $2.36 | $2.43 | $1.02 | $0.89 | $3.29 | $1.04 | $1.29 | $1.61 | $2.55 | $0.94 | $3.82 |
Dividend yield | 4.68% | 4.86% | 5.32% | 2.53% | 2.50% | 7.68% | 2.59% | 3.60% | 5.40% | 7.91% | 3.01% | 12.83% |
Monthly Dividends
The table displays the monthly dividend distributions for Calvert Balanced Fund Class I. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.00 | $0.16 | ||||||
| 2025 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $1.81 | $2.36 |
| 2024 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $1.88 | $2.43 |
| 2023 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.51 | $0.00 | $0.00 | $0.18 | $1.02 |
| 2022 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.50 | $0.89 |
| 2021 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $2.99 | $3.29 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Calvert Balanced Fund Class I. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Calvert Balanced Fund Class I was 38.21%, occurring on Mar 9, 2009. Recovery took 489 trading sessions.
The current Calvert Balanced Fund Class I drawdown is 0.46%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -38.21%Mar 2009 | 1y 5mo | 1y 11mo | 3y 4moOct 2007 - Feb 2011 |
COVID crash2020 | -23.76%Mar 2020 | 1mo 2d | 3mo 29d | 5mo 1dFeb 2020 - Jul 2020 |
Bear market2022 | -19.79%Oct 2022 | 9mo 20d | 1y 3mo | 2y 25dDec 2021 - Jan 2024 |
2025 selloff2025 | -11.80%Apr 2025 | 1mo 17d | 2mo 17d | 4mo 4dFeb 2025 - Jun 2025 |
2016 correction2016 | -11.67%Feb 2016 | 8mo 19d | 5mo 10d | 1y 1moMay 2015 - Jul 2016 |
Drawdown Indicators
| CBAIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.21% | -56.78% | +18.57% |
Max Drawdown (1Y)Largest decline over 1 year | -7.65% | -9.10% | +1.45% |
Max Drawdown (3Y)Largest decline over 3 years | -11.80% | -18.90% | +7.10% |
Max Drawdown (5Y)Largest decline over 5 years | -19.79% | -25.43% | +5.64% |
Max Drawdown (10Y)Largest decline over 10 years | -23.76% | -33.92% | +10.16% |
Current DrawdownCurrent decline from peak | -0.46% | -1.80% | +1.34% |
Average DrawdownAverage peak-to-trough decline | -4.45% | -10.71% | +6.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.81% | 2.03% | -0.22% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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