Calvert Moderate Allocation Fund (CMAAX)

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The chart shows the growth of an initial investment of $10,000 in Calvert Moderate Allocation Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Calvert Moderate Allocation Fund (CMAAX) has returned -4.53% so far this year and 8.03% over the past 12 months. Over the last ten years, CMAAX has returned 7.04% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Apr 29, 2005, CMAAX's average daily return is +0.03%, while the average monthly return is +0.53%. At this rate, your investment would double in approximately 10.9 years.

Historically, 63% of months were positive and 37% were negative. The best month was Apr 2009 with a return of +8.0%, while the worst month was Oct 2008 at -14.4%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 6 months.

On a daily basis, CMAAX closed higher 52% 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%.

Calvert Moderate Allocation Fund has an annualized alpha of 0.51%, beta of 0.60, and R² of 0.92 versus S&P 500 Index. Calculated based on daily prices since May 02, 2005.

• This fund participated in 71.59% of S&P 500 Index downside but only 63.78% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.60 indicates this fund moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

CMAAX has an expense ratio of 0.40%, placing it in the medium range.

CMAAX ranks 30 for risk / return — below 30% 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.

The table below present risk-adjusted performance metrics for Calvert Moderate Allocation Fund (CMAAX) and compare them to a chosen benchmark (S&P 500 Index).

Calvert Moderate Allocation Fund provided a 4.80% dividend yield over the last twelve months, with an annual payout of $1.07 per share.

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

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.

The table below displays the maximum drawdowns of the Calvert Moderate Allocation 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 Moderate Allocation Fund was 42.64%, occurring on Mar 9, 2009. Recovery took 762 trading sessions.

The current Calvert Moderate Allocation Fund drawdown is 7.33%.

The chart below shows the rolling one-month volatility.