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ISIN
US13161X8737
CUSIP
13161X873
Inception Date
Oct 9, 2017
Category
Bank Loan
Min. Investment
$1,000,000
Distribution Policy
Distributing
Asset Class
Bond

Share Price Chart


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Performance

CFOIX Performance Chart

Calvert Floating-Rate Advantage Fund (CFOIX) is down 0.0% since the beginning of the year. CFOIX is currently trading at $9 per share. Investors who bought $1,000 worth of CFOIX shares 5 years ago would now be looking at an investment worth $1,234.


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S&P 500 Index

Returns By Period

Calvert Floating-Rate Advantage Fund (CFOIX) has returned -0.04% so far this year and 3.16% over the past 12 months.


Calvert Floating-Rate Advantage Fund

1D
0.00%
1M
0.25%
YTD
-0.04%
6M
0.24%
1Y
3.16%
3Y*
6.34%
5Y*
4.30%
10Y*

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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CFOIX Monthly Returns History

Based on dividend-adjusted daily data since Feb 28, 2018, CFOIX's average daily return is +0.02%, while the average monthly return is +0.32%. At this rate, an investment would double in approximately 18.1 years.

Historically, 73% of months were positive and 27% were negative. The best month was May 2020 with a return of +3.5%, while the worst month was Mar 2020 at -11.7%. The longest winning streak lasted 16 consecutive months, and the longest losing streak was 5 months.

On a daily basis, CFOIX closed higher 25% of trading days. The best single day was Mar 26, 2020 with a return of +4.1%, while the worst single day was Mar 19, 2020 at -4.3%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-0.19%-0.12%0.21%0.04%0.01%0.00%-0.04%
20250.63%0.01%-0.58%-1.22%1.57%0.71%0.57%0.70%0.32%0.32%0.38%0.06%3.48%
20240.77%0.85%0.82%0.65%0.86%0.28%0.63%0.72%0.73%0.82%1.00%0.44%8.92%
20233.17%0.69%0.06%0.23%-0.47%2.53%1.43%1.15%0.50%-1.23%1.60%1.90%12.09%
20220.00%-0.52%-0.16%-0.05%-2.95%-3.68%3.05%1.45%-3.81%1.07%1.43%0.13%-4.21%
20211.09%0.41%-0.19%0.40%0.54%0.34%0.02%0.44%0.54%0.22%-0.30%0.78%4.37%

Benchmark Metrics

Calvert Floating-Rate Advantage Fund has an annualized alpha of 2.63%, beta of 0.09, and R2 of 0.13 versus S&P 500 Index. Calculated based on daily prices since February 28, 2018.

  • This fund participated in 17.61% of S&P 500 Index downside but only 17.38% of its upside - more exposed to losses than it benefited from rallies.
  • Beta of 0.09 may look defensive, but with R2 of 0.13 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
  • R2 of 0.13 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
2.63%
Beta
0.09
0.13
Upside Capture
17.38%
Downside Capture
17.61%

Expense Ratio

CFOIX has an expense ratio of 0.78%, placing it in the medium range.


Return for Risk

Risk / Return Rank

CFOIX ranks 67 for risk / return — better than 67% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


CFOIX Risk / Return Rank: 6767
Overall Rank
CFOIX Sharpe Ratio Rank: 3737
Sharpe Ratio Rank
CFOIX Sortino Ratio Rank: 8383
Sortino Ratio Rank
CFOIX Omega Ratio Rank: 8989
Omega Ratio Rank
CFOIX Calmar Ratio Rank: 8282
Calmar Ratio Rank
CFOIX Martin Ratio Rank: 4545
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Calvert Floating-Rate Advantage Fund (CFOIX) 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.


CFOIXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.40

Sortino ratioReturn per unit of downside risk

+0.87

Omega ratioGain probability vs. loss probability

1.59

1.37

+0.22

Calmar ratioReturn relative to maximum drawdown

3.59

2.78

+0.81

Martin ratioReturn relative to average drawdown

8.99

12.44

-3.45

Dividends

Dividend History

Calvert Floating-Rate Advantage Fund provided a 5.89% dividend yield over the last twelve months, with an annual payout of $0.50 per share.


4.00%5.00%6.00%7.00%8.00%9.00%$0.00$0.20$0.40$0.60$0.8020182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018
Dividend$0.50$0.60$0.77$0.67$0.43$0.37$0.40$0.50$0.40

Dividend yield

5.89%6.88%8.62%7.42%5.02%3.96%4.23%5.05%4.20%

Monthly Dividends

The table displays the monthly dividend distributions for Calvert Floating-Rate Advantage Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.04$0.03$0.04$0.03$0.02$0.00$0.17
2025$0.06$0.05$0.06$0.04$0.06$0.05$0.05$0.05$0.05$0.05$0.04$0.04$0.60
2024$0.07$0.07$0.06$0.07$0.07$0.07$0.07$0.06$0.06$0.06$0.06$0.06$0.77
2023$0.06$0.06$0.07$0.00$0.07$0.07$0.07$0.07$0.06$0.00$0.07$0.07$0.67
2022$0.03$0.03$0.04$0.04$0.04$0.00$0.04$0.05$0.00$0.05$0.06$0.06$0.43
2021$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.37

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 Floating-Rate Advantage Fund. 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 Floating-Rate Advantage Fund was 22.38%, occurring on Mar 23, 2020. Recovery took 197 trading sessions.

The current Calvert Floating-Rate Advantage Fund drawdown is 0.27%.


Related event

Drawdown

Fall

Recovery

Underwater

COVID crash2020
-22.38%Mar 2020
2mo 1d9mo 13d
11mo 14dJan 2020 - Dec 2020
Bear market2022
-7.93%Jul 2022
5mo 16d11mo 11d
1y 4moJan 2022 - Jun 2023
Rate-hike selloffLate 2018
-4.76%Dec 2018
2mo 17d2mo 3d
4mo 20dOct 2018 - Feb 2019
2025 selloff2025
-3.18%Apr 2025
1mo 5d2mo 24d
3mo 29dMar 2025 - Jun 2025
2023 pullback2023
-1.35%Nov 2023
1mo29d
1mo 29dOct 2023 - Nov 2023

Drawdown Indicators


CFOIXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-22.38%

-56.78%

+34.40%

Max Drawdown (1Y)

Largest decline over 1 year

-0.88%

-9.10%

+8.22%

Max Drawdown (3Y)

Largest decline over 3 years

-3.18%

-18.90%

+15.72%

Max Drawdown (5Y)

Largest decline over 5 years

-7.93%

-25.43%

+17.50%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-0.27%

-1.80%

+1.53%

Average Drawdown

Average peak-to-trough decline

-1.29%

-10.71%

+9.42%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.35%

2.03%

-1.68%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

Build a portfolio with CFOIX

Add Calvert Floating-Rate Advantage Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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