Calvert Flexible Bond Fund (CUBIX)
The investment seeks positive absolute returns over a full market cycle, regardless of market conditions. The fund seeks to achieve its investment objective through a flexible investment process that allocates investments across global fixed-income markets and uses various investment strategies. It is not constrained in its management relative to an index. Under normal circumstances, the fund invests at least 80% of its net assets (including borrowings for investment purposes) in bonds and/or instruments (including derivative instruments) that provide exposure to bonds. Bonds include debt securities of any maturity.
Fund Info
US13161X3035
13161X303
Sep 29, 2014
$1,000,000
Expense Ratio
CUBIX features an expense ratio of 0.66%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Calvert Flexible Bond Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Calvert Flexible Bond Fund had a return of 1.05% year-to-date (YTD) and 7.49% in the last 12 months. Over the past 10 years, Calvert Flexible Bond Fund had an annualized return of 3.41%, while the S&P 500 had an annualized return of 11.31%, indicating that Calvert Flexible Bond Fund did not perform as well as the benchmark.
CUBIX
1.05%
1.05%
2.07%
7.49%
3.31%
3.41%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of CUBIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.91% | 1.05% | |||||||||||
| 2024 | 0.80% | -0.23% | 1.03% | -0.77% | 1.25% | 0.61% | 1.73% | 1.36% | 1.14% | -1.18% | 1.06% | -0.39% | 6.56% |
| 2023 | 2.63% | -0.47% | 0.43% | 0.08% | -0.04% | 0.79% | 0.67% | 0.25% | -0.59% | -0.60% | 2.95% | 2.38% | 8.72% |
| 2022 | -0.71% | -0.90% | -0.92% | -0.86% | -0.10% | -2.14% | 1.84% | -0.36% | -1.77% | 0.13% | 1.83% | -1.34% | -5.25% |
| 2021 | 0.99% | 0.70% | 0.60% | 0.41% | 0.38% | 0.34% | 0.19% | 0.14% | 0.30% | -0.15% | -0.50% | -0.71% | 2.69% |
| 2020 | 0.65% | -0.27% | -9.55% | 2.62% | 1.78% | 2.05% | 1.29% | 1.16% | 0.37% | 0.71% | 2.72% | 1.16% | 4.13% |
| 2019 | 1.76% | 1.26% | 0.58% | 0.65% | 0.30% | 0.50% | 0.35% | 0.27% | 0.26% | 0.40% | 0.31% | 0.52% | 7.38% |
| 2018 | 0.19% | -0.12% | 0.12% | -0.01% | 0.21% | 0.05% | 0.50% | 0.23% | 0.10% | -0.30% | -0.04% | -0.50% | 0.44% |
| 2017 | 0.53% | 0.46% | 0.25% | 0.37% | 0.43% | 0.41% | 0.30% | 0.11% | 0.09% | 0.32% | 0.07% | -0.58% | 2.77% |
| 2016 | -0.47% | -0.42% | 1.64% | 1.49% | 0.65% | 0.38% | 1.13% | 0.66% | 0.50% | 0.36% | 0.21% | -0.40% | 5.86% |
| 2015 | 0.25% | 1.48% | 0.32% | 0.54% | 0.20% | -0.21% | -0.09% | -0.23% | -0.55% | 0.58% | -0.16% | -0.27% | 1.86% |
| 2014 | -0.03% | -0.07% | 0.11% | 0.01% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 91, CUBIX is among the top 9% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Calvert Flexible Bond Fund (CUBIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Calvert Flexible Bond Fund provided a 5.45% dividend yield over the last twelve months, with an annual payout of $0.80 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.80 | $0.80 | $0.76 | $0.50 | $0.38 | $0.44 | $0.51 | $0.49 | $0.44 | $0.55 | $0.47 | $0.07 |
Dividend yield | 5.45% | 5.50% | 5.28% | 3.59% | 2.49% | 2.86% | 3.37% | 3.33% | 2.90% | 3.65% | 3.18% | 0.48% |
Monthly Dividends
The table displays the monthly dividend distributions for Calvert Flexible Bond Fund. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.06 | $0.00 | $0.06 | ||||||||||
| 2024 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.06 | $0.06 | $0.80 |
| 2023 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.76 |
| 2022 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.05 | $0.06 | $0.06 | $0.50 |
| 2021 | $0.03 | $0.04 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.38 |
| 2020 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.03 | $0.03 | $0.04 | $0.04 | $0.44 |
| 2019 | $0.05 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.51 |
| 2018 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.04 | $0.06 | $0.49 |
| 2017 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.03 | $0.03 | $0.04 | $0.04 | $0.44 |
| 2016 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.04 | $0.05 | $0.05 | $0.04 | $0.04 | $0.04 | $0.55 |
| 2015 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.03 | $0.47 |
| 2014 | $0.01 | $0.03 | $0.04 | $0.07 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Calvert Flexible Bond 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 Flexible Bond Fund was 14.12%, occurring on Mar 25, 2020. Recovery took 157 trading sessions.
The current Calvert Flexible Bond Fund drawdown is 0.14%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -14.12% | Feb 24, 2020 | 23 | Mar 25, 2020 | 157 | Nov 5, 2020 | 180 |
| -7.94% | Oct 1, 2021 | 266 | Oct 20, 2022 | 288 | Dec 13, 2023 | 554 |
| -2.8% | Jun 15, 2015 | 169 | Feb 12, 2016 | 38 | Apr 8, 2016 | 207 |
| -1.69% | Oct 2, 2024 | 21 | Oct 30, 2024 | 26 | Dec 6, 2024 | 47 |
| -1.52% | Apr 1, 2024 | 12 | Apr 16, 2024 | 15 | May 7, 2024 | 27 |
Volatility
Volatility Chart
The current Calvert Flexible Bond Fund volatility is 0.79%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.