CYBAX – Calvert High Yield Bond A Investment Strategy | Morningstar

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Strategy

The investment seeks high current income and capital appreciation, secondarily. Under normal circumstances, the fund invests at least 80% of its net assets (including borrowings for investment purposes) in high-yield, high-risk bonds, also known as "junk" bonds ("80% Policy"). It invests primarily in high-yield, high-risk bonds, with varying maturities, including distressed securities that are in default. The portfolio manager(s) seek to invest in companies that manage environmental, social and governance (“ESG”) risk exposures adequately and that are not exposed to excessive ESG risk through their principal business activities.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
CYBIX	Calvert High Yield Bond Fund Class I	Institutional	Open			Jul 9, 2001	$373.94M	0.770%	High	$1M	$35.50M
CYBAX	Calvert High Yield Bond Fund Class A	Front Load	Open			Feb 1, 2007	$69.51M	1.020%	Above Average	$1,000	$855,704.27
CHBCX	Calvert High Yield Bond Fund Class C	Level Load	Open			Oct 31, 2011	$3.14M	1.770%	Above Average	$1,000	−$513,390.68
CYBRX	Calvert High Yield Bond Fund Class R6	Retirement, Large	Open			Feb 1, 2019	$86.61M	0.710%	High	$5M	$329,145.08

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