NPORT-EX 2 NPORT_D872_21279182_1222.htm
Calvert
US Large-Cap Core Responsible Index Fund
December 31, 2022
Schedule of Investments (Unaudited)
Common Stocks — 99.8%
    
Security Shares Value
Aerospace & Defense — 0.2%  
Axon Enterprise, Inc.(1)      13,683 $    2,270,420
Curtiss-Wright Corp.       8,907     1,487,380
HEICO Corp.       9,763     1,499,987
Hexcel Corp.      20,307     1,195,067
Woodward, Inc.      11,468     1,107,924
      $    7,560,778
Air Freight & Logistics — 0.7%  
C.H. Robinson Worldwide, Inc.      18,195 $    1,665,934
Expeditors International of Washington, Inc.   23,113 2,401,903
FedEx Corp.   31,663 5,484,032
GXO Logistics, Inc.(1)   14,264 608,930
United Parcel Service, Inc., Class B   99,919 17,369,919
      $27,530,718
Airlines — 0.2%  
Alaska Air Group, Inc.(1)   19,298 $828,656
American Airlines Group, Inc.(1)   88,283 1,122,960
Delta Air Lines, Inc.(1)   93,279 3,065,148
Southwest Airlines Co.(1)   83,589 2,814,442
      $7,831,206
Auto Components — 0.2%  
Aptiv PLC(1)   37,983 $3,537,357
Autoliv, Inc.   10,909 835,411
BorgWarner, Inc.   34,215 1,377,154
Gentex Corp.   28,406 774,631
Lear Corp.   8,990 1,114,940
      $7,639,493
Automobiles — 1.5%  
Ford Motor Co.   523,490 $6,088,189
General Motors Co.   193,749 6,517,716
Harley-Davidson, Inc.   17,804 740,647
Rivian Automotive, Inc., Class A(1)   70,559 1,300,402
Tesla, Inc.(1)   329,749 40,618,482
Thor Industries, Inc.   6,696 505,481
      $55,770,917
Banks — 5.1%  
Bank of America Corp.   947,553 $31,382,955
Bank OZK   23,188 928,911
BOK Financial Corp.   2,833 294,037
Cadence Bank   27,579 680,098
Security Shares Value
Banks (continued)  
Citigroup, Inc.     291,774 $   13,196,938
Citizens Financial Group, Inc.      74,149     2,919,246
Comerica, Inc.      21,543     1,440,150
Commerce Bancshares, Inc.      19,902     1,354,729
Cullen/Frost Bankers, Inc.      10,212     1,365,344
East West Bancorp, Inc.      19,690     1,297,571
F.N.B. Corp.      52,079       679,631
Fifth Third Bancorp     108,172     3,549,123
First Citizens Bancshares, Inc., Class A   1,638 1,242,194
First Financial Bankshares, Inc.   16,059 552,430
First Horizon Corp.   80,133 1,963,259
First Interstate BancSystem, Inc., Class A   13,689 529,080
First Republic Bank   28,953 3,529,081
Glacier Bancorp, Inc.   19,816 979,307
Hancock Whitney Corp.   12,858 622,199
Home BancShares, Inc.   22,755 518,586
Huntington Bancshares, Inc.   219,142 3,089,902
JPMorgan Chase & Co.   369,692 49,575,697
KeyCorp   139,902 2,437,093
M&T Bank Corp.   25,239 3,661,169
Old National Bancorp   43,636 784,575
Pinnacle Financial Partners, Inc.   9,343 685,776
PNC Financial Services Group, Inc. (The)   60,971 9,629,760
Popular, Inc.   9,320 618,102
Prosperity Bancshares, Inc.   12,231 888,949
Regions Financial Corp.   142,291 3,067,794
ServisFirst Bancshares, Inc.   7,322 504,559
Signature Bank   10,308 1,187,688
SouthState Corp.   12,620 963,663
SVB Financial Group(1)   8,501 1,956,420
Synovus Financial Corp.   25,700 965,035
Truist Financial Corp.   200,620 8,632,679
U.S. Bancorp   225,178 9,820,013
UMB Financial Corp.   8,611 719,191
United Bankshares, Inc.   15,496 627,433
Valley National Bancorp   80,051 905,377
Webster Financial Corp.   24,164 1,143,924
Wells Fargo & Co.   555,491 22,936,223
Western Alliance Bancorp   14,818 882,560
Wintrust Financial Corp.   10,651 900,223
Zions Bancorp NA   19,408 954,097
      $196,562,771
Beverages — 1.9%  
Coca-Cola Co. (The)   534,844 $34,021,427
Coca-Cola Consolidated, Inc.   885 453,439
Keurig Dr Pepper, Inc.   161,842 5,771,286
 
1

 

Calvert
US Large-Cap Core Responsible Index Fund
December 31, 2022
Schedule of Investments (Unaudited) — continued
Security Shares Value
Beverages (continued)  
PepsiCo, Inc.     186,781 $   33,743,855
      $   73,990,007
Biotechnology — 3.8%  
AbbVie, Inc.     235,719 $   38,094,548
Alkermes PLC(1)      25,933       677,629
Alnylam Pharmaceuticals, Inc.(1)      19,078     4,533,887
Amgen, Inc.      81,037    21,283,558
Apellis Pharmaceuticals, Inc.(1)      14,184       733,455
Biogen, Inc.(1)   23,103 6,397,683
Biohaven, Ltd.(1)   5,311 73,717
BioMarin Pharmaceutical, Inc.(1)   30,109 3,115,980
Exact Sciences Corp.(1)   25,895 1,282,061
Exelixis, Inc.(1)   40,744 653,534
Gilead Sciences, Inc.   204,081 17,520,354
Halozyme Therapeutics, Inc.(1)   25,431 1,447,024
Horizon Therapeutics PLC(1)   38,524 4,384,031
Incyte Corp.(1)   31,597 2,537,871
Ionis Pharmaceuticals, Inc.(1)   19,122 722,238
Moderna, Inc.(1)   53,504 9,610,388
Neurocrine Biosciences, Inc.(1)   16,355 1,953,441
Regeneron Pharmaceuticals, Inc.(1)   16,433 11,856,245
Sarepta Therapeutics, Inc.(1)   12,073 1,564,419
Seagen, Inc.(1)   22,368 2,874,512
United Therapeutics Corp.(1)   7,777 2,162,706
Vertex Pharmaceuticals, Inc.(1)   41,359 11,943,652
      $145,422,933
Building Products — 1.0%  
Advanced Drainage Systems, Inc.   13,343 $1,093,726
Allegion PLC   18,093 1,904,469
Carlisle Cos., Inc.   17,468 4,116,334
Carrier Global Corp.   179,670 7,411,387
Fortune Brands Innovations, Inc.   17,279 986,804
Johnson Controls International PLC   141,633 9,064,512
Lennox International, Inc.   6,566 1,570,784
Masco Corp.   31,627 1,476,032
MasterBrand, Inc.(1)   17,279 130,456
Owens Corning   30,677 2,616,748
Simpson Manufacturing Co., Inc.   8,648 766,732
Trane Technologies PLC   47,520 7,987,637
Trex Co., Inc.(1)   14,931 632,029
UFP Industries, Inc.   5,762 456,639
      $40,214,289
Security Shares Value
Capital Markets — 4.2%  
Affiliated Managers Group, Inc.       5,309 $      841,105
Ameriprise Financial, Inc.      16,733     5,210,154
Ares Management Corp., Class A      21,755     1,488,912
Bank of New York Mellon Corp. (The)     124,864     5,683,809
BlackRock, Inc.      22,824    16,173,771
Blackstone, Inc.     105,633     7,836,912
Carlyle Group, Inc. (The)      24,373       727,290
Cboe Global Markets, Inc.      16,484     2,068,248
Charles Schwab Corp. (The)   231,155 19,245,965
CME Group, Inc.   54,362 9,141,514
Coinbase Global, Inc., Class A(1)   22,348 790,896
Evercore, Inc., Class A   7,099 774,359
FactSet Research Systems, Inc.   5,632 2,259,615
Franklin Resources, Inc.   47,893 1,263,417
Goldman Sachs Group, Inc. (The)   51,384 17,644,238
Houlihan Lokey, Inc.   5,612 489,142
Interactive Brokers Group, Inc., Class A   14,226 1,029,251
Intercontinental Exchange, Inc.   84,061 8,623,818
Invesco, Ltd.   58,955 1,060,601
Jefferies Financial Group, Inc.   29,880 1,024,286
KKR & Co., Inc.   88,850 4,124,417
LPL Financial Holdings, Inc.   11,232 2,428,022
MarketAxess Holdings, Inc.   4,905 1,367,956
Moody's Corp.   23,742 6,614,996
Morningstar, Inc.   3,966 858,996
MSCI, Inc.   11,624 5,407,136
Nasdaq, Inc.   48,816 2,994,862
Northern Trust Corp.   33,282 2,945,124
Raymond James Financial, Inc.   29,392 3,140,535
S&P Global, Inc.   48,593 16,275,739
SEI Investments Co.   14,768 860,974
State Street Corp.   56,784 4,404,735
Stifel Financial Corp.   17,068 996,259
T. Rowe Price Group, Inc.   35,016 3,818,845
Tradeweb Markets, Inc., Class A   17,457 1,133,483
Virtu Financial, Inc., Class A   16,534 337,459
      $161,086,841
Chemicals — 1.6%  
Air Products & Chemicals, Inc.   44,204 $13,626,325
Ashland, Inc.   9,807 1,054,547
Avient Corp.   22,057 744,644
Axalta Coating Systems, Ltd.(1)   50,541 1,287,279
Cabot Corp.   11,242 751,415
Celanese Corp.   24,355 2,490,055
Eastman Chemical Co.   24,642 2,006,845
 
2

 

Calvert
US Large-Cap Core Responsible Index Fund
December 31, 2022
Schedule of Investments (Unaudited) — continued
Security Shares Value
Chemicals (continued)  
Ecolab, Inc.      52,869 $    7,695,612
Element Solutions, Inc.      46,654       848,636
FMC Corp.      27,536     3,436,493
Huntsman Corp.      46,294     1,272,159
International Flavors & Fragrances, Inc.      51,898     5,440,986
Livent Corp.(1)      32,336       642,516
Mosaic Co. (The)      75,007     3,290,557
PPG Industries, Inc.      48,112     6,049,603
Sherwin-Williams Co. (The)   50,635 12,017,205
      $62,654,877
Commercial Services & Supplies — 0.9%  
Cintas Corp.   10,956 $4,947,949
Clean Harbors, Inc.(1)   12,237 1,396,487
Copart, Inc.(1)   61,560 3,748,388
IAA, Inc.(1)   15,744 629,760
MSA Safety, Inc.   8,207 1,183,367
Republic Services, Inc.   45,003 5,804,937
Stericycle, Inc.(1)   21,286 1,061,959
Tetra Tech, Inc.   11,133 1,616,400
Waste Management, Inc.   81,892 12,847,217
      $33,236,464
Communications Equipment — 1.0%  
Arista Networks, Inc.(1)   29,864 $3,623,996
Ciena Corp.(1)   16,458 839,029
Cisco Systems, Inc.   538,102 25,635,179
F5, Inc.(1)   8,244 1,183,097
Juniper Networks, Inc.   37,122 1,186,419
Lumentum Holdings, Inc.(1)   9,562 498,850
Motorola Solutions, Inc.   22,404 5,773,735
      $38,740,305
Construction & Engineering — 0.4%  
AECOM   33,272 $2,825,791
EMCOR Group, Inc.   9,924 1,469,844
MasTec, Inc.(1)   11,461 977,967
Quanta Services, Inc.   31,366 4,469,655
Valmont Industries, Inc.   5,012 1,657,318
WillScot Mobile Mini Holdings Corp.(1)   45,640 2,061,559
      $13,462,134
Construction Materials — 0.2%  
Vulcan Materials Co.   44,876 $7,858,236
      $7,858,236
Security Shares Value
Consumer Finance — 0.8%  
Ally Financial, Inc.      42,829 $    1,047,169
American Express Co.      92,969    13,736,170
Capital One Financial Corp.      57,446     5,340,180
Credit Acceptance Corp.(1)(2)         584       277,050
Discover Financial Services      42,144     4,122,947
OneMain Holdings, Inc.      16,018       533,560
SLM Corp.      48,615       807,009
SoFi Technologies, Inc.(1)     118,404       545,842
Synchrony Financial   73,453 2,413,666
Upstart Holdings, Inc.(1)(2)   10,000 132,200
      $28,955,793
Containers & Packaging — 0.5%  
AptarGroup, Inc.   13,340 $1,467,133
Avery Dennison Corp.   17,565 3,179,265
Ball Corp.   65,196 3,334,123
Berry Global Group, Inc.   29,481 1,781,537
Crown Holdings, Inc.   23,626 1,942,293
Graphic Packaging Holding Co.   70,872 1,576,902
Packaging Corp. of America   20,749 2,654,005
Silgan Holdings, Inc.   20,778 1,077,132
Sonoco Products Co.   23,526 1,428,263
WestRock Co.   51,235 1,801,423
      $20,242,076
Distributors — 0.2%  
Genuine Parts Co.   18,010 $3,124,915
LKQ Corp.   37,177 1,985,624
Pool Corp.   4,776 1,443,928
      $6,554,467
Diversified Consumer Services — 0.1%  
ADT, Inc.   13,747 $124,685
Bright Horizons Family Solutions, Inc.(1)   8,169 515,464
H&R Block, Inc.   23,553 859,920
Service Corp. International   19,420 1,342,699
      $2,842,768
Diversified Financial Services — 0.1%  
Equitable Holdings, Inc.   50,312 $1,443,954
Voya Financial, Inc.   12,965 797,218
      $2,241,172
Diversified Telecommunication Services — 1.1%  
AT&T, Inc.   931,086 $17,141,293
Iridium Communications, Inc.(1)   16,712 858,997
 
3

 

Calvert
US Large-Cap Core Responsible Index Fund
December 31, 2022
Schedule of Investments (Unaudited) — continued
Security Shares Value
Diversified Telecommunication Services (continued)  
Lumen Technologies, Inc.     151,454 $      790,590
Verizon Communications, Inc.     546,777    21,543,014
      $   40,333,894
Electric Utilities — 1.4%  
Alliant Energy Corp.      58,678 $    3,239,612
Avangrid, Inc.      20,591       885,001
Constellation Energy Corp.      72,819     6,277,726
Eversource Energy      75,930     6,365,971
Hawaiian Electric Industries, Inc.   22,356 935,599
NextEra Energy, Inc.   293,856 24,566,361
NRG Energy, Inc.   52,752 1,678,569
Portland General Electric Co.   21,243 1,040,907
Xcel Energy, Inc.   120,044 8,416,285
      $53,406,031
Electrical Equipment — 1.3%  
Acuity Brands, Inc.   6,339 $1,049,802
AMETEK, Inc.   47,068 6,576,341
Atkore, Inc.(1)   8,944 1,014,429
ChargePoint Holdings, Inc.(1)(2)   33,725 321,399
Eaton Corp. PLC   81,000 12,712,950
Emerson Electric Co.   125,269 12,033,340
Generac Holdings, Inc.(1)   12,162 1,224,227
Hubbell, Inc.   10,910 2,560,359
nVent Electric PLC   38,336 1,474,786
Plug Power, Inc.(1)(2)   64,158 793,635
Regal Rexnord Corp.   15,283 1,833,654
Rockwell Automation, Inc.   23,683 6,100,030
Sensata Technologies Holding PLC   31,243 1,261,592
Sunrun, Inc.(1)   29,423 706,740
      $49,663,284
Electronic Equipment, Instruments & Components — 1.0%  
Amphenol Corp., Class A   126,543 $9,634,984
Arrow Electronics, Inc.(1)   6,623 692,567
Avnet, Inc.   12,127 504,241
CDW Corp.   17,531 3,130,686
Cognex Corp.   35,063 1,651,818
Coherent Corp.(1)   34,453 1,209,300
Corning, Inc.   94,432 3,016,158
IPG Photonics Corp.(1)   3,804 360,125
Jabil, Inc.   15,935 1,086,767
Keysight Technologies, Inc.(1)   38,348 6,560,192
Littelfuse, Inc.   4,405 969,981
National Instruments Corp.   12,572 463,907
Security Shares Value
Electronic Equipment, Instruments & Components (continued)  
Novanta, Inc.(1)       7,626 $    1,036,145
Rogers Corp.(1)       2,455       292,980
TD SYNNEX Corp.       3,656       346,260
Teledyne Technologies, Inc.(1)       9,519     3,806,743
Trimble, Inc.(1)      51,466     2,602,121
Zebra Technologies Corp., Class A(1)       6,550     1,679,485
      $   39,044,460
Energy Equipment & Services — 0.2%  
Baker Hughes Co.   318,162 $9,395,324
      $9,395,324
Entertainment — 1.4%  
AMC Entertainment Holdings, Inc., Class A(1)(2)   74,379 $302,722
Electronic Arts, Inc.   34,345 4,196,272
Liberty Media Corp.-Liberty Formula One, Class A(1)   2,450 130,903
Live Nation Entertainment, Inc.(1)   21,315 1,486,508
Netflix, Inc.(1)   57,781 17,038,461
Playtika Holding Corp.(1)   20,000 170,200
ROBLOX Corp., Class A(1)   53,154 1,512,763
Roku, Inc.(1)   15,348 624,664
Take-Two Interactive Software, Inc.(1)   20,124 2,095,512
Walt Disney Co. (The)(1)   266,478 23,151,609
Warner Bros. Discovery, Inc.(1)   319,939 3,033,022
Warner Music Group Corp., Class A   19,984 699,840
      $54,442,476
Food & Staples Retailing — 1.8%  
Albertsons Cos., Inc., Class A   40,985 $850,029
BJ's Wholesale Club Holdings, Inc.(1)   16,609 1,098,851
Casey's General Stores, Inc.   6,806 1,526,926
Costco Wholesale Corp.   55,690 25,422,485
Kroger Co. (The)   130,298 5,808,685
Performance Food Group Co.(1)   25,075 1,464,129
Sysco Corp.   93,246 7,128,657
US Foods Holding Corp.(1)   40,557 1,379,749
Walmart, Inc.   175,901 24,941,003
      $69,620,514
Food Products — 1.7%  
Bunge, Ltd.   29,203 $2,913,583
Campbell Soup Co.   35,599 2,020,243
Conagra Brands, Inc.   87,883 3,401,072
Darling Ingredients, Inc.(1)   28,014 1,753,396
Flowers Foods, Inc.   42,955 1,234,527
General Mills, Inc.   110,895 9,298,546
 
4

 

Calvert
US Large-Cap Core Responsible Index Fund
December 31, 2022
Schedule of Investments (Unaudited) — continued
Security Shares Value
Food Products (continued)  
Hershey Co. (The)      26,735 $    6,191,024
Hormel Foods Corp.      49,662     2,262,104
Ingredion, Inc.      13,407     1,312,948
JM Smucker Co. (The)      20,348     3,224,344
Kellogg Co.      46,588     3,318,929
Kraft Heinz Co. (The)     147,567     6,007,453
Lamb Weston Holdings, Inc.      27,892     2,492,429
McCormick & Co., Inc.      49,732     4,122,285
Mondelez International, Inc., Class A   240,890 16,055,319
Post Holdings, Inc.(1)   8,120 732,911
      $66,341,113
Gas Utilities — 0.1%  
New Jersey Resources Corp.   22,897 $1,136,149
ONE Gas, Inc.   12,707 962,174
      $2,098,323
Health Care Equipment & Supplies — 4.1%  
Abbott Laboratories   252,668 $27,740,420
Align Technology, Inc.(1)   11,873 2,504,016
Baxter International, Inc.   82,273 4,193,455
Becton, Dickinson and Co.   46,619 11,855,212
Boston Scientific Corp.(1)   233,184 10,789,424
Cooper Cos., Inc. (The)   8,098 2,677,765
DENTSPLY SIRONA, Inc.   35,033 1,115,451
DexCom, Inc.(1)   60,199 6,816,935
Edwards Lifesciences Corp.(1)   97,295 7,259,180
Envista Holdings Corp.(1)   21,529 724,881
Globus Medical, Inc., Class A(1)   12,421 922,508
Hologic, Inc.(1)   39,658 2,966,815
ICU Medical, Inc.(1)   3,229 508,503
IDEXX Laboratories, Inc.(1)   13,164 5,370,385
Inspire Medical Systems, Inc.(1)   4,579 1,153,358
Insulet Corp.(1)   11,231 3,306,294
Integra LifeSciences Holdings Corp.(1)   9,182 514,835
Intuitive Surgical, Inc.(1)   56,282 14,934,429
iRhythm Technologies, Inc.(1)   4,710 441,186
Masimo Corp.(1)   8,514 1,259,646
Medtronic PLC   216,939 16,860,499
Novocure, Ltd.(1)   18,792 1,378,393
Omnicell, Inc.(1)   6,616 333,579
Penumbra, Inc.(1)   6,629 1,474,687
ResMed, Inc.   23,832 4,960,154
Shockwave Medical, Inc.(1)   5,758 1,183,902
STERIS PLC   17,128 3,163,370
Stryker Corp.   57,453 14,046,684
Security Shares Value
Health Care Equipment & Supplies (continued)  
Tandem Diabetes Care, Inc.(1)       8,579 $      385,626
Teleflex, Inc.       7,790     1,944,618
Zimmer Biomet Holdings, Inc.      32,844     4,187,610
      $  156,973,820
Health Care Providers & Services — 2.0%  
agilon health, Inc.(1)      33,819 $      545,839
AMN Healthcare Services, Inc.(1)       6,399       657,945
Centene Corp.(1)      87,939     7,211,877
Chemed Corp.   2,008 1,024,943
CVS Health Corp.   205,260 19,128,179
DaVita, Inc.(1)   10,074 752,226
Elevance Health, Inc.   37,850 19,415,914
Encompass Health Corp.   12,962 775,257
Enhabit, Inc.(1)   6,481 85,290
Ensign Group, Inc. (The)   8,432 797,752
Guardant Health, Inc.(1)   14,210 386,512
HealthEquity, Inc.(1)   11,570 713,175
Henry Schein, Inc.(1)   23,039 1,840,125
Humana, Inc.   20,646 10,574,675
Laboratory Corp. of America Holdings   15,215 3,582,828
LHC Group, Inc.(1)   4,578 740,217
Molina Healthcare, Inc.(1)   8,844 2,920,466
Option Care Health, Inc.(1)   22,841 687,286
Premier, Inc., Class A   18,849 659,338
Quest Diagnostics, Inc.   18,791 2,939,664
R1 RCM, Inc.(1)   26,713 292,507
      $75,732,015
Health Care Technology — 0.1%  
Doximity, Inc., Class A(1)   11,619 $389,933
Teladoc Health, Inc.(1)(2)   24,329 575,381
Veeva Systems, Inc., Class A(1)   18,981 3,063,154
      $4,028,468
Hotels, Restaurants & Leisure — 1.9%  
Airbnb, Inc., Class A(1)   47,958 $4,100,409
Aramark   50,268 2,078,079
Booking Holdings, Inc.(1)   5,022 10,120,736
Chipotle Mexican Grill, Inc.(1)   5,057 7,016,537
Choice Hotels International, Inc.   3,713 418,232
Darden Restaurants, Inc.   21,645 2,994,153
Domino's Pizza, Inc.   6,084 2,107,498
Expedia Group, Inc.(1)   18,923 1,657,655
Hilton Grand Vacations, Inc.(1)   12,459 480,170
Hilton Worldwide Holdings, Inc.   40,408 5,105,955
 
5

 

Calvert
US Large-Cap Core Responsible Index Fund
December 31, 2022
Schedule of Investments (Unaudited) — continued
Security Shares Value
Hotels, Restaurants & Leisure (continued)  
Hyatt Hotels Corp., Class A(1)       5,059 $      457,586
Marriott International, Inc., Class A      39,346     5,858,226
Marriott Vacations Worldwide Corp.       4,891       658,280
Planet Fitness, Inc., Class A(1)      12,440       980,272
Starbucks Corp.     185,010    18,352,992
Texas Roadhouse, Inc.      13,421     1,220,640
Travel + Leisure Co.       9,867       359,159
Vail Resorts, Inc.       6,182     1,473,480
Wyndham Hotels & Resorts, Inc.   11,818 842,741
Yum! Brands, Inc.   51,532 6,600,218
      $72,883,018
Household Durables — 0.6%  
D.R. Horton, Inc.   68,673 $6,121,511
Helen of Troy, Ltd.(1)   2,654 294,355
Leggett & Platt, Inc.   15,713 506,430
Lennar Corp., Class A   59,037 5,342,849
Mohawk Industries, Inc.(1)   7,595 776,361
Newell Brands, Inc.   43,520 569,242
NVR, Inc.(1)   687 3,168,842
PulteGroup, Inc.   49,227 2,241,305
Tempur Sealy International, Inc.   15,281 524,597
TopBuild Corp.(1)   6,941 1,086,197
Whirlpool Corp.   7,454 1,054,443
      $21,686,132
Household Products — 1.7%  
Church & Dwight Co., Inc.   28,139 $2,268,285
Clorox Co. (The)   15,502 2,175,395
Colgate-Palmolive Co.   104,344 8,221,264
Kimberly-Clark Corp.   43,472 5,901,324
Procter & Gamble Co. (The)   296,782 44,980,280
      $63,546,548
Independent Power and Renewable Electricity Producers — 0.2%  
AES Corp. (The)   156,735 $4,507,699
Brookfield Renewable Corp., Class A   44,460 1,224,428
Clearway Energy, Inc., Class C   22,211 707,865
Ormat Technologies, Inc.(2)   10,753 929,919
      $7,369,911
Insurance — 2.7%  
Aflac, Inc.   85,800 $6,172,452
Allstate Corp. (The)   40,309 5,465,900
American Financial Group, Inc.   8,904 1,222,341
American International Group, Inc.   113,264 7,162,815
Security Shares Value
Insurance (continued)  
Arch Capital Group, Ltd.(1)      51,514 $    3,234,049
Assurant, Inc.       7,237       905,059
Axis Capital Holdings, Ltd.      11,680       632,706
Brown & Brown, Inc.      38,360     2,185,369
Cincinnati Financial Corp.      23,625     2,418,964
Enstar Group, Ltd.(1)       2,089       482,643
Erie Indemnity Co., Class A       3,679       915,041
Everest Re Group, Ltd.       6,034     1,998,883
F&G Annuities & Life, Inc.(1)   2,712 54,267
Fidelity National Financial, Inc.   39,896 1,500,888
First American Financial Corp.   12,153 636,088
Globe Life, Inc.   13,850 1,669,617
Hanover Insurance Group, Inc. (The)   4,418 597,004
Hartford Financial Services Group, Inc. (The)   46,087 3,494,777
Kinsale Capital Group, Inc.   3,254 850,986
Lincoln National Corp.   20,704 636,027
Markel Corp.(1)   2,001 2,636,297
Marsh & McLennan Cos., Inc.   75,378 12,473,551
MetLife, Inc.   99,000 7,164,630
Old Republic International Corp.   42,947 1,037,170
Primerica, Inc.   5,736 813,480
Principal Financial Group, Inc.   36,178 3,036,058
Progressive Corp. (The)   88,088 11,425,894
Prudential Financial, Inc.   57,669 5,735,759
Reinsurance Group of America, Inc.   11,341 1,611,443
RenaissanceRe Holdings, Ltd.   7,066 1,301,769
RLI Corp.   4,743 622,614
Ryan Specialty Holdings, Inc.(1)   10,000 415,100
Selective Insurance Group, Inc.   8,916 790,047
Travelers Cos., Inc. (The)   35,348 6,627,397
Unum Group   26,123 1,071,827
W.R. Berkley Corp.   31,841 2,310,701
Willis Towers Watson PLC   16,915 4,137,071
      $105,446,684
Interactive Media & Services — 3.2%  
Alphabet, Inc., Class A(1)   1,321,997 $116,639,795
IAC, Inc.(1)   12,541 556,821
Match Group, Inc.(1)   34,813 1,444,391
Pinterest, Inc., Class A(1)   74,626 1,811,919
Snap, Inc., Class A(1)   139,856 1,251,711
ZoomInfo Technologies, Inc., Class A(1)   36,468 1,098,052
      $122,802,689
Internet & Direct Marketing Retail — 2.5%  
Amazon.com, Inc.(1)   1,059,815 $89,024,460
 
6

 

Calvert
US Large-Cap Core Responsible Index Fund
December 31, 2022
Schedule of Investments (Unaudited) — continued
Security Shares Value
Internet & Direct Marketing Retail (continued)  
Chewy, Inc., Class A(1)(2)       9,570 $      354,855
eBay, Inc.      68,222     2,829,166
Etsy, Inc.(1)      16,765     2,008,112
Wayfair, Inc., Class A(1)(2)       8,757       288,018
      $   94,504,611
IT Services — 5.3%  
Accenture PLC, Class A      86,595 $   23,107,010
Affirm Holdings, Inc.(1)(2)      25,669       248,219
Akamai Technologies, Inc.(1)   21,008 1,770,974
Amdocs, Ltd.   14,063 1,278,327
Automatic Data Processing, Inc.   54,128 12,929,014
Block, Inc., Class A(1)   68,304 4,292,223
Broadridge Financial Solutions, Inc.   16,128 2,163,249
Cloudflare, Inc., Class A(1)   36,158 1,634,703
Cognizant Technology Solutions Corp., Class A   70,053 4,006,331
Concentrix Corp.   7,077 942,373
DXC Technology Co.(1)   27,082 717,673
EPAM Systems, Inc.(1)   7,499 2,457,722
Euronet Worldwide, Inc.(1)   7,279 686,992
ExlService Holdings, Inc.(1)   4,250 720,078
Fidelity National Information Services, Inc.   74,819 5,076,469
Fiserv, Inc.(1)   81,126 8,199,405
Gartner, Inc.(1)   10,259 3,448,460
Genpact, Ltd.   18,622 862,571
International Business Machines Corp.   116,953 16,477,508
Jack Henry & Associates, Inc.   8,677 1,523,334
Marqeta, Inc., Class A(1)   50,122 306,245
Mastercard, Inc., Class A   111,024 38,606,376
Okta, Inc.(1)   19,582 1,338,038
Paychex, Inc.   43,069 4,977,054
PayPal Holdings, Inc.(1)   148,700 10,590,414
Snowflake, Inc., Class A(1)   35,444 5,087,632
SS&C Technologies Holdings, Inc.   27,152 1,413,533
Thoughtworks Holding, Inc.(1)(2)   20,000 203,800
Toast, Inc., Class A(1)(2)   48,845 880,675
Twilio, Inc., Class A(1)   23,304 1,140,964
VeriSign, Inc.(1)   12,043 2,474,114
Visa, Inc., Class A   209,983 43,626,068
WEX, Inc.(1)   6,147 1,005,957
      $204,193,505
Leisure Products — 0.1%  
Brunswick Corp.   13,999 $1,009,048
Hasbro, Inc.   15,358 936,991
Security Shares Value
Leisure Products (continued)  
Mattel, Inc.(1)      49,315 $      879,780
      $    2,825,819
Life Sciences Tools & Services — 2.7%  
10X Genomics, Inc., Class A(1)      11,756 $      428,389
Agilent Technologies, Inc.      49,107     7,348,863
Avantor, Inc.(1)     114,522     2,415,269
Azenta, Inc.      12,353       719,192
Bio-Rad Laboratories, Inc., Class A(1)       3,262     1,371,638
Bio-Techne Corp.   25,248 2,092,554
Bruker Corp.   18,228 1,245,884
Charles River Laboratories International, Inc.(1)   7,469 1,627,495
Danaher Corp.   96,599 25,639,307
Illumina, Inc.(1)   24,639 4,982,006
IQVIA Holdings, Inc.(1)   30,724 6,295,040
Medpace Holdings, Inc.(1)   3,135 665,905
Mettler-Toledo International, Inc.(1)   3,646 5,270,111
PerkinElmer, Inc.   21,586 3,026,789
Repligen Corp.(1)(2)   8,424 1,426,268
Syneos Health, Inc.(1)   14,896 546,385
Thermo Fisher Scientific, Inc.   55,183 30,388,726
Waters Corp.(1)   10,180 3,487,464
West Pharmaceutical Services, Inc.   12,724 2,994,593
      $101,971,878
Machinery — 3.6%  
AGCO Corp.   14,149 $1,962,325
Caterpillar, Inc.   84,137 20,155,860
Chart Industries, Inc.(1)(2)   8,366 964,014
CNH Industrial NV   215,063 3,453,912
Cummins, Inc.   30,016 7,272,577
Deere & Co.   45,188 19,374,807
Donaldson Co., Inc.   24,605 1,448,496
Dover Corp.   28,220 3,821,270
Evoqua Water Technologies Corp.(1)   24,066 953,014
Flowserve Corp.   20,984 643,789
Fortive Corp.   72,508 4,658,639
Graco, Inc.   37,412 2,516,331
IDEX Corp.   16,025 3,658,988
Illinois Tool Works, Inc.   61,252 13,493,816
Ingersoll Rand, Inc.   87,528 4,573,338
ITT, Inc.   14,928 1,210,661
Lincoln Electric Holdings, Inc.   12,983 1,875,914
Middleby Corp. (The)(1)   11,897 1,593,008
Nordson Corp.   11,645 2,768,249
Oshkosh Corp.   14,015 1,235,983
 
7

 

Calvert
US Large-Cap Core Responsible Index Fund
December 31, 2022
Schedule of Investments (Unaudited) — continued
Security Shares Value
Machinery (continued)  
Otis Worldwide Corp.      87,007 $    6,813,518
PACCAR, Inc.      73,907     7,314,576
Parker-Hannifin Corp.      27,421     7,979,511
Pentair PLC      32,829     1,476,648
Snap-on, Inc.      10,690     2,442,558
Stanley Black & Decker, Inc.      30,319     2,277,563
Timken Co. (The)      15,844     1,119,695
Toro Co. (The)      21,586     2,443,535
Watts Water Technologies, Inc., Class A   4,503 658,474
Westinghouse Air Brake Technologies Corp.   38,308 3,823,522
Xylem, Inc.   39,147 4,328,484
      $138,313,075
Media — 0.9%  
Altice USA, Inc., Class A(1)   28,920 $133,032
Cable One, Inc.   504 358,777
Charter Communications, Inc., Class A(1)   13,622 4,619,220
Comcast Corp., Class A   555,027 19,409,294
Interpublic Group of Cos., Inc. (The)   55,503 1,848,805
Liberty Broadband Corp., Class C(1)   18,039 1,375,835
New York Times Co. (The), Class A   28,612 928,746
Omnicom Group, Inc.   32,306 2,635,200
Paramount Global, Class B   91,715 1,548,149
Sirius XM Holdings, Inc.(2)   77,170 450,673
TEGNA, Inc.   31,824 674,351
Trade Desk, Inc. (The), Class A(1)   55,116 2,470,850
      $36,452,932
Metals & Mining — 0.5%  
Commercial Metals Co.   39,906 $1,927,460
Nucor Corp.   69,457 9,155,127
Reliance Steel & Aluminum Co.   19,125 3,871,665
Steel Dynamics, Inc.   53,884 5,264,467
      $20,218,719
Multiline Retail — 0.5%  
Dillard's, Inc., Class A(2)   1,000 $323,200
Dollar General Corp.   27,931 6,878,009
Dollar Tree, Inc.(1)   27,373 3,871,637
Kohl's Corp.   13,682 345,471
Macy's, Inc.   31,445 649,339
Nordstrom, Inc.(2)   19,715 318,200
Target Corp.   58,696 8,748,052
      $21,133,908
Security Shares Value
Multi-Utilities — 0.7%  
Ameren Corp.      59,651 $    5,304,167
CMS Energy Corp.      67,146     4,252,356
Consolidated Edison, Inc.      77,857     7,420,551
Sempra Energy      70,709    10,927,369
      $   27,904,443
Oil, Gas & Consumable Fuels — 0.0%(3)  
Enviva, Inc.(2)       7,500 $      397,275
New Fortress Energy, Inc.(2)      25,673     1,089,049
      $1,486,324
Paper & Forest Products — 0.0%(3)  
Louisiana-Pacific Corp.   8,248 $488,282
      $488,282
Personal Products — 0.2%  
Coty, Inc., Class A(1)   22,406 $191,795
Estee Lauder Cos., Inc. (The), Class A   28,678 7,115,299
Olaplex Holdings, Inc.(1)   15,000 78,150
      $7,385,244
Pharmaceuticals — 4.1%  
Bristol-Myers Squibb Co.   313,988 $22,591,437
Catalent, Inc.(1)   26,317 1,184,528
Elanco Animal Health, Inc.(1)   74,870 914,911
Eli Lilly & Co.   111,085 40,639,336
Jazz Pharmaceuticals PLC(1)   10,110 1,610,624
Merck & Co., Inc.   339,222 37,636,681
Organon & Co.   37,716 1,053,408
Perrigo Co. PLC   17,537 597,836
Pfizer, Inc.   750,145 38,437,430
Royalty Pharma PLC, Class A   62,154 2,456,326
Zoetis, Inc.   74,381 10,900,536
      $158,023,053
Professional Services — 0.6%  
Alight, Inc., Class A(1)   50,000 $418,000
ASGN, Inc.(1)   5,598 456,125
Booz Allen Hamilton Holding Corp.   20,158 2,106,914
CoStar Group, Inc.(1)   58,315 4,506,583
Dun & Bradstreet Holdings, Inc.   29,876 366,280
Equifax, Inc.   17,539 3,408,880
Exponent, Inc.   5,782 572,938
FTI Consulting, Inc.(1)   3,738 593,594
ManpowerGroup, Inc.   8,973 746,643
Robert Half International, Inc.   16,715 1,234,068
 
8

 

Calvert
US Large-Cap Core Responsible Index Fund
December 31, 2022
Schedule of Investments (Unaudited) — continued
Security Shares Value
Professional Services (continued)  
Science Applications International Corp.       8,747 $      970,305
TransUnion      28,510     1,617,943
TriNet Group, Inc.(1)       6,210       421,038
Verisk Analytics, Inc.      22,163     3,909,997
      $   21,329,308
Real Estate Management & Development — 0.2%  
CBRE Group, Inc., Class A(1)      67,906 $    5,226,046
Howard Hughes Corp. (The)(1)       8,109       619,690
Jones Lang LaSalle, Inc.(1)   9,979 1,590,353
Zillow Group, Inc., Class C(1)(2)   20,583 662,978
      $8,099,067
Road & Rail — 0.9%  
Avis Budget Group, Inc.(1)   3,306 $541,953
J.B. Hunt Transport Services, Inc.   12,319 2,147,941
Knight-Swift Transportation Holdings, Inc.   24,186 1,267,588
Landstar System, Inc.   4,999 814,337
Norfolk Southern Corp.   31,945 7,871,887
Old Dominion Freight Line, Inc.   12,507 3,549,236
RXO, Inc.(1)   14,264 245,341
Ryder System, Inc.   6,757 564,682
Saia, Inc.(1)   3,021 633,443
Schneider National, Inc., Class B   10,000 234,000
Union Pacific Corp.   84,093 17,413,138
XPO, Inc.(1)   14,264 474,849
      $35,758,395
Semiconductors & Semiconductor Equipment — 5.6%  
Advanced Micro Devices, Inc.(1)   209,310 $13,557,009
Allegro MicroSystems, Inc.(1)   3,950 118,579
Amkor Technology, Inc.   7,055 169,179
Analog Devices, Inc.   66,222 10,862,395
Applied Materials, Inc.   112,883 10,992,546
Broadcom, Inc.   53,174 29,731,179
Cirrus Logic, Inc.(1)   7,380 549,662
Enphase Energy, Inc.(1)   16,417 4,349,848
Entegris, Inc.   17,978 1,179,177
First Solar, Inc.(1)   12,403 1,857,845
GlobalFoundries, Inc.(1)   8,119 437,533
Intel Corp.   542,432 14,336,478
KLA Corp.   18,440 6,952,433
Lam Research Corp.   17,529 7,367,439
Lattice Semiconductor Corp.(1)   15,063 977,287
Marvell Technology, Inc.   106,533 3,945,982
Microchip Technology, Inc.   72,899 5,121,155
Security Shares Value
Semiconductors & Semiconductor Equipment (continued)  
Micron Technology, Inc.     141,625 $    7,078,417
MKS Instruments, Inc.      11,984     1,015,404
Monolithic Power Systems, Inc.       5,327     1,883,680
NVIDIA Corp.     300,476    43,911,563
ON Semiconductor Corp.(1)      57,497     3,586,088
Power Integrations, Inc.       6,062       434,767
Qorvo, Inc.(1)      11,584     1,049,974
QUALCOMM, Inc.     144,618    15,899,303
Semtech Corp.(1)   8,401 241,025
Silicon Laboratories, Inc.(1)   4,402 597,219
Skyworks Solutions, Inc.   20,197 1,840,553
SolarEdge Technologies, Inc.(1)   6,827 1,933,884
Synaptics, Inc.(1)   5,179 492,834
Teradyne, Inc.   21,147 1,847,190
Texas Instruments, Inc.   118,817 19,630,945
Universal Display Corp.   6,342 685,190
Wolfspeed, Inc.(1)(2)   14,678 1,013,369
      $215,647,131
Software — 9.3%  
Adobe, Inc.(1)   60,509 $20,363,094
Altair Engineering, Inc., Class A(1)   4,845 220,302
ANSYS, Inc.(1)   10,624 2,566,652
AppLovin Corp., Class A(1)(2)   14,676 154,538
Aspen Technology, Inc.(1)   3,986 818,724
Autodesk, Inc.(1)   27,405 5,121,172
Bill.com Holdings, Inc.(1)   14,150 1,541,784
Black Knight, Inc.(1)   17,171 1,060,309
Blackline, Inc.(1)   6,869 462,078
Cadence Design Systems, Inc.(1)   35,332 5,675,733
Clear Secure, Inc., Class A(2)   10,000 274,300
Coupa Software, Inc.(1)   9,728 770,166
CrowdStrike Holdings, Inc., Class A(1)   26,400 2,779,656
Datadog, Inc., Class A(1)   33,156 2,436,966
DocuSign, Inc.(1)   26,144 1,448,901
Dolby Laboratories, Inc., Class A   6,538 461,191
Dropbox, Inc., Class A(1)   37,922 848,694
Dynatrace, Inc.(1)   28,054 1,074,468
Elastic NV(1)   8,376 431,364
Fair Isaac Corp.(1)   3,886 2,326,082
Five9, Inc.(1)   8,046 546,002
Gen Digital, Inc.   83,482 1,789,019
Guidewire Software, Inc.(1)   13,354 835,426
HubSpot, Inc.(1)   6,360 1,838,867
Informatica, Inc., Class A(1)   13,900 226,431
Intuit, Inc.   35,801 13,934,465
Manhattan Associates, Inc.(1)   6,811 826,855
 
9

 

Calvert
US Large-Cap Core Responsible Index Fund
December 31, 2022
Schedule of Investments (Unaudited) — continued
Security Shares Value
Software (continued)  
Microsoft Corp.     847,916 $  203,347,215
NCR Corp.(1)      21,903       512,749
Oracle Corp.     204,156    16,687,711
Palo Alto Networks, Inc.(1)      38,607     5,387,221
Paycom Software, Inc.(1)       7,048     2,187,065
Paycor HCM, Inc.(1)      10,000       244,700
Paylocity Holding Corp.(1)       5,269     1,023,556
PTC, Inc.(1)      15,079     1,810,083
Qualtrics International, Inc., Class A(1)   20,000 207,600
Qualys, Inc.(1)   4,602 516,483
Rapid7, Inc.(1)   9,112 309,626
RingCentral, Inc., Class A(1)   12,095 428,163
Roper Technologies, Inc.   14,042 6,067,408
Salesforce, Inc.(1)   125,180 16,597,616
SentinelOne, Inc., Class A(1)   22,483 328,027
ServiceNow, Inc.(1)   26,419 10,257,705
Smartsheet, Inc., Class A(1)   15,781 621,140
Splunk, Inc.(1)   19,469 1,676,086
Synopsys, Inc.(1)   20,363 6,501,702
Tenable Holdings, Inc.(1)   12,123 462,493
Tyler Technologies, Inc.(1)   4,951 1,596,252
VMware, Inc., Class A(1)   29,202 3,584,838
Workday, Inc., Class A(1)   26,925 4,505,360
Zoom Video Communications, Inc., Class A(1)   26,522 1,796,600
Zscaler, Inc.(1)   11,669 1,305,761
      $358,796,399
Specialty Retail — 2.7%  
Advance Auto Parts, Inc.   8,266 $1,215,350
AutoNation, Inc.(1)   4,563 489,610
AutoZone, Inc.(1)   2,425 5,980,487
Bath & Body Works, Inc.   29,800 1,255,772
Best Buy Co., Inc.   27,333 2,192,380
Burlington Stores, Inc.(1)   8,582 1,740,086
CarMax, Inc.(1)(2)   19,883 1,210,676
Carvana Co.(1)(2)   10,273 48,694
Dick's Sporting Goods, Inc.   7,829 941,750
Five Below, Inc.(1)   6,997 1,237,559
Floor & Decor Holdings, Inc., Class A(1)(2)   12,454 867,172
GameStop Corp., Class A(1)(2)   31,480 581,121
Gap, Inc. (The)(2)   29,888 337,137
Home Depot, Inc. (The)   127,016 40,119,274
Lithia Motors, Inc., Class A   3,411 698,368
Lowe's Cos., Inc.   75,059 14,954,755
O'Reilly Automotive, Inc.(1)   7,586 6,402,812
Penske Automotive Group, Inc.   4,680 537,872
Petco Health & Wellness Co., Inc.(1)   20,000 189,600
Security Shares Value
Specialty Retail (continued)  
RH(1)(2)       2,425 $      647,936
Ross Stores, Inc.      43,372     5,034,188
TJX Cos., Inc. (The)     146,972    11,698,971
Tractor Supply Co.      12,924     2,907,512
Ulta Beauty, Inc.(1)       5,924     2,778,771
Williams-Sonoma, Inc.      10,113     1,162,186
      $  105,230,039
Technology Hardware, Storage & Peripherals — 6.5%  
Apple, Inc.   1,824,579 $237,067,549
Dell Technologies, Inc., Class C   38,107 1,532,664
Hewlett Packard Enterprise Co.   173,474 2,768,645
HP, Inc.   139,350 3,744,335
NetApp, Inc.   29,320 1,760,959
Pure Storage, Inc., Class A(1)   33,965 908,903
Seagate Technology Holdings PLC   25,712 1,352,708
Western Digital Corp.(1)   43,838 1,383,089
      $250,518,852
Textiles, Apparel & Luxury Goods — 0.8%  
Capri Holdings, Ltd.(1)   13,279 $761,152
Columbia Sportswear Co.   2,145 187,859
Deckers Outdoor Corp.(1)   2,825 1,127,627
Hanesbrands, Inc.(2)   49,516 314,922
Levi Strauss & Co., Class A(2)   7,415 115,081
lululemon Athletica, Inc.(1)   14,379 4,606,744
NIKE, Inc., Class B   157,284 18,403,801
PVH Corp.   9,809 692,417
Ralph Lauren Corp.   4,524 478,051
Skechers USA, Inc., Class A(1)   20,147 845,167
Tapestry, Inc.   30,789 1,172,445
Under Armour, Inc., Class A(1)   22,834 231,993
VF Corp.   41,223 1,138,167
      $30,075,426
Thrifts & Mortgage Finance — 0.1%  
Essent Group, Ltd.   16,779 $652,368
MGIC Investment Corp.   43,154 561,002
New York Community Bancorp, Inc.   60,991 524,523
Rocket Cos, Inc., Class A   40,000 280,000
TFS Financial Corp.   9,601 138,350
      $2,156,243
Trading Companies & Distributors — 0.4%  
Air Lease Corp.   17,419 $669,238
Beacon Roofing Supply, Inc.(1)   3,873 204,456
 
10

 

Calvert
US Large-Cap Core Responsible Index Fund
December 31, 2022
Schedule of Investments (Unaudited) — continued
Security Shares Value
Trading Companies & Distributors (continued)  
Core & Main, Inc., Class A(1)      12,500 $      241,375
Fastenal Co.      71,936     3,404,011
MSC Industrial Direct Co., Inc., Class A       7,733       631,786
SiteOne Landscape Supply, Inc.(1)       6,263       734,775
United Rentals, Inc.(1)      14,090     5,007,868
Univar Solutions, Inc.(1)      41,070     1,306,026
W.W. Grainger, Inc.       5,359     2,980,944
WESCO International, Inc.(1)       4,041       505,933
      $15,686,412
Water Utilities — 0.2%  
American Water Works Co., Inc.   40,583 $6,185,661
Essential Utilities, Inc.   54,761 2,613,742
      $8,799,403
Wireless Telecommunication Services — 0.3%  
T-Mobile US, Inc.(1)   70,068 $9,809,520
      $9,809,520
Total Common Stocks
(identified cost $2,679,100,101) 		    $3,832,020,937
    
Rights — 0.0%(3)
    
Security Shares Value
Health Care Equipment & Supplies — 0.0%(3)  
Abiomed, Inc., CVR(1)(4)(5)       7,614 $        7,766
Total Rights
(identified cost $7,766) 		    $        7,766
    
Short-Term Investments — 0.1%      
Affiliated Fund — 0.0%(3)
Security Shares Value
Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 4.11%(6)     686,926 $      686,926
Total Affiliated Fund
(identified cost $686,926) 		    $      686,926
Securities Lending Collateral — 0.1%
Security Shares Value
State Street Navigator Securities Lending Government Money Market Portfolio, 4.34%(7)   3,759,068 $    3,759,068
Total Securities Lending Collateral
(identified cost $3,759,068) 		    $    3,759,068
Total Short-Term Investments
(identified cost $4,445,994) 		    $    4,445,994
Total Investments — 99.9%
(identified cost $2,683,553,861) 		    $3,836,474,697
Other Assets, Less Liabilities — 0.1%     $    3,510,731
Net Assets — 100.0%     $3,839,985,428
    
The percentage shown for each investment category in the Schedule of Investments is based on net assets.
(1) Non-income producing security.
(2) All or a portion of this security was on loan at December 31, 2022. The aggregate market value of securities on loan at December 31, 2022 was $14,383,698 and the total market value of the collateral received by the Fund was $14,730,358, comprised of cash of $3,759,068 and U.S. government and/or agencies securities of $10,971,290.
(3) Amount is less than 0.05%.
(4) For fair value measurement disclosure purposes, security is categorized as Level 3.
(5) Restricted security. Total market value of restricted securities amounts to $7,766, which represents less than 0.05% of the net assets of the Fund as of December 31, 2022.
(6) May be deemed to be an affiliated investment company. The rate shown is the annualized seven-day yield as of December 31, 2022.
(7) Represents investment of cash collateral received in connection with securities lending.
    
Abbreviations: 
CVR – Contingent Value Rights
 
11

 

Calvert
US Large-Cap Core Responsible Index Fund
December 31, 2022
Schedule of Investments (Unaudited) — continued
Restricted Securities
Description Acquisition Date Cost
Abiomed, Inc., CVR 12/28/22 $7,766
The Fund did not have any open derivative instruments at December 31, 2022.
Affiliated Investments
At December 31, 2022, the value of the Fund’s investment in funds that may be deemed to be affiliated  was $686,926, which represents less than 0.05% of the Fund’s net assets. Transactions in such funds by the Fund for the fiscal year to date ended December 31, 2022 were as follows:
Name Value,
beginning
of period 		Purchases Sales
proceeds 		Net
realized
gain
(loss) 		Change in
unrealized
appreciation
(depreciation) 		Value,
end of
period 		Dividend
income 		Shares,
end of
period
Short-Term Investments            
Liquidity Fund, Institutional Class(1) $3,102,248 $83,449,203 $(85,864,525) $ — $ — $686,926 $47,904 686,926
    
(1) Represents investment in Morgan Stanley Institutional Liquidity Funds - Government Portfolio.
Fair Value Measurements
U.S. generally accepted accounting principles (U.S. GAAP) establishes a disclosure hierarchy that categorizes the inputs to valuation techniques used to value assets and liabilities at measurement date. These inputs are summarized in the three broad levels listed below:
Level 1 - quoted prices in active markets for identical securities
Level 2 - other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)
Level 3 - significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments)
The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
The following table summarizes the market value of the Fund's holdings as of December 31, 2022, based on the inputs used to value them:
Asset Description  Level 1  Level 2  Level 3(1)  Total 
Common Stocks $3,832,020,937(2) $ — $ — $3,832,020,937
Rights  —  — 7,766 7,766
Short-Term Investments:        
Affiliated Fund 686,926  —  — 686,926
Securities Lending Collateral 3,759,068  —  — 3,759,068
Total Investments $3,836,466,931 $ — $7,766 $3,836,474,697
    
(1) None of the unobservable inputs for Level 3 assets, individually or collectively, had a material impact on the Fund.
(2) The level classification by major category of investments is the same as the category presentation in the Schedule of Investments.
Level 3 investments at the beginning and/or end of the period in relation to net assets were not significant and accordingly, a reconciliation of Level 3 assets for the fiscal year to date ended December 31, 2022 is not presented.
For information on the Fund’s policy regarding the valuation of investments and other significant accounting policies, please refer to the Fund’s most recent financial statements included in its semiannual or annual report to shareholders.
12