CVSB

Calvert Ultra-Short Investment Grade ETF

$50.72

+0.00%

Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The Calvert Ultra-Short Investment Grade ETF (CVSB) seeks to provide current income consistent with preservation of capital.

Overview

ETF tracking Calvert Ultra-Short Investment Grade ETF

Category Corporate Bonds

Issuer Other

Inception Date 2023-02-01

Market Cap $178.8M

Average Volume N/A

Dividend Yield 3.92%

52-Week Range $50.40 - $50.92

VWAP $50.74

Performance

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Investment Summary

📎 Investment Objective

The Calvert Ultra-Short Investment Grade ETF (CVSB) seeks to provide current income consistent with preservation of capital.

🎯 Investment Strategy

The fund invests primarily in a diversified portfolio of investment-grade, U.S. dollar-denominated fixed-income securities with short-term maturities. The portfolio manager aims to maintain an average duration of one year or less to limit interest rate risk.

✨ Key Features

Focuses on high-quality, short-term corporate bonds to generate income with lower volatility
Employs an active management approach to security selection and duration management
Seeks to provide a low-risk, liquid alternative to cash holdings
Expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: The fund's value may decline if interest rates rise
Credit risk: The fund is exposed to the risk of issuers defaulting on their debt obligations
Liquidity risk: The fund may have difficulty selling certain securities at an advantageous time and price
Active management risk: The fund's performance could trail that of its benchmark due to the portfolio manager's investment decisions

👤 Best For

The Calvert Ultra-Short Investment Grade ETF may be suitable for investors seeking current income and capital preservation, with a low tolerance for risk and a short-term investment horizon. It can serve as a cash management tool or a low-volatility fixed income allocation within a diversified portfolio.