Calvert Long Term Income Fund Quote
| CLDAX Fund | USD 15.29 0.05 0.33% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Calvert Long is trading at 15.29 as of the 19th of April 2024; that is -0.33 percent down since the beginning of the trading day. The fund's open price was 15.34. Calvert Long has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Calvert Long Term Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
The fund typically invests at least 80 percent of its net assets in investment grade, U.S. dollar-denominated debt securities, as assessed at the time of purchase. It may invest up to 5 percent of its net assets in below-investment grade, high-yield debt instruments , including distressed instruments that are in default. More on Calvert Long Term Income
Moving together with Calvert Mutual Fund
| 0.64 | CDICX | Calvert Short Duration | PairCorr |
Calvert Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Calvert Long's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Calvert Long or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Calvert Research and Management Funds, Large Funds, Intermediate Core Bond Funds, Intermediate Core Bond, Calvert Research and Management (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 30th of June 2023 |
| Fiscal Year End | September |
Calvert Long Term Income [CLDAX] is traded in USA and was established 19th of April 2024. Calvert Long is listed under Calvert Research and Management category by Fama And French industry classification. The fund is listed under Intermediate Core Bond category and is part of Calvert Research and Management family. This fund currently has accumulated 535.48 M in assets under management (AUM) with minimum initial investment of 1 K. Calvert Long Term is currently producing year-to-date (YTD) return of 0.05% with the current yeild of 0.0%, while the total return for the last 3 years was -3.18%.
Check Calvert Long Probability Of Bankruptcy
Instrument Allocation
Calvert Long Target Price Odds Analysis
Based on a normal probability distribution, the odds of Calvert Long jumping above the current price in 90 days from now is close to 99%. The Calvert Long Term Income probability density function shows the probability of Calvert Long mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Calvert Long has a beta of 0.2613 suggesting as returns on the market go up, Calvert Long average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Calvert Long Term Income will be expected to be much smaller as well. Additionally, calvert Long Term Income has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Calvert Long to move above the current price in 90 days from now is close to 99 (This Calvert Long Term Income probability density function shows the probability of Calvert Mutual Fund to fall within a particular range of prices over 90 days) .
Calvert Long Term Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Calvert Long market risk premium is the additional return an investor will receive from holding Calvert Long long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Calvert Long. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Calvert Long's alpha and beta are two of the key measurements used to evaluate Calvert Long's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.305 | |||
| Standard Deviation | 0.3968 | |||
| Variance | 0.1574 | |||
| Risk Adjusted Performance | (0.06) |
Calvert Long Against Markets
Picking the right benchmark for Calvert Long mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Calvert Long mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Calvert Long is critical whether you are bullish or bearish towards Calvert Long Term Income at a given time. Please also check how Calvert Long's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Calvert Long without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Alpha FinderUse alpha and beta coefficients to find investment opportunities after accounting for the risk |
| All Next | Launch Module |
How to buy Calvert Mutual Fund?
Before investing in Calvert Long, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Calvert Long. To buy Calvert Long fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Calvert Long. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Calvert Long fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Calvert Long Term Income fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Calvert Long Term Income fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Calvert Long Term Income, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Calvert Long Term Income?
The danger of trading Calvert Long Term Income is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Calvert Long is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Calvert Long. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Calvert Long Term is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Calvert Long Term Income. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Calvert Long Term information on this page should be used as a complementary analysis to other Calvert Long's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.