NPORT-EX 2 NPORT_D897_60761803_0921.htm
Calvert
VP EAFE International Index Portfolio
September 30, 2021
Schedule of Investments (Unaudited)
Common Stocks — 99.3%
    
Security Shares Value
Australia — 6.6%  
Afterpay, Ltd.(1)   1,693 $    147,079
AGL Energy, Ltd.(2)   5,138      21,218
Ampol, Ltd.   1,867      37,261
APA Group(2)   9,428      58,725
Aristocrat Leisure, Ltd.   4,401     146,362
ASX, Ltd.   1,431      82,620
Aurizon Holdings, Ltd.   13,234      35,830
AusNet Services, Ltd.   15,503      28,061
Australia & New Zealand Banking Group, Ltd.   21,979 441,394
BHP Group, Ltd.(2)   23,194 619,462
BlueScope Steel, Ltd.   3,687 53,423
Brambles, Ltd.   11,380 87,506
Cochlear, Ltd.(2)   497 77,762
Coles Group, Ltd.   10,242 124,409
Commonwealth Bank of Australia   13,823 1,025,809
Computershare, Ltd.   4,516 58,397
Crown Resorts, Ltd.(1)(2)   2,437 16,682
CSL, Ltd.   3,549 741,497
Dexus   9,023 69,446
Domino's Pizza Enterprises, Ltd.   498 56,960
Endeavour Group, Ltd.   9,763 48,855
Evolution Mining, Ltd.   13,620 34,438
Fortescue Metals Group, Ltd.   13,023 138,721
Goodman Group   12,738 196,000
GPT Group (The)   14,328 51,608
Insurance Australia Group, Ltd.   18,559 64,813
Lendlease Corp., Ltd.(2)   5,044 38,781
Macquarie Group, Ltd.   2,618 338,236
Magellan Financial Group, Ltd.   1,187 29,795
Medibank Pvt, Ltd.   21,199 54,126
Mirvac Group   32,152 68,203
National Australia Bank, Ltd.   25,314 499,218
Newcrest Mining, Ltd.   6,199 102,765
Northern Star Resources, Ltd.   9,013 55,201
Oil Search, Ltd.   14,805 46,073
Orica, Ltd.(2)   3,401 33,219
Origin Energy, Ltd.   14,411 48,349
Qantas Airways, Ltd.(1)   7,283 29,372
QBE Insurance Group, Ltd.   11,557 95,209
Ramsay Health Care, Ltd.   1,442 71,461
REA Group, Ltd.   374 42,124
Reece, Ltd.(2)   2,401 32,381
Rio Tinto, Ltd.   2,874 204,603
Santos, Ltd.   15,361 78,679
Scentre Group   42,781 91,053
Security Shares Value
Australia (continued)  
Seek, Ltd.   2,474 $     54,386
Sonic Healthcare, Ltd.   3,614     104,442
South32, Ltd.   39,130      97,102
Stockland   19,317      61,257
Suncorp Group, Ltd.   10,030      89,187
Sydney Airport(1)(2)   10,017      58,828
Tabcorp Holdings, Ltd.   15,814      54,947
Telstra Corp., Ltd.   33,270      93,226
Transurban Group   21,018 211,829
Treasury Wine Estates, Ltd.   5,227 46,092
Vicinity Centres(2)   26,887 31,787
Washington H. Soul Pattinson & Co., Ltd.(2)   1,836 51,024
Wesfarmers, Ltd.   8,792 349,688
Westpac Banking Corp.   28,515 527,342
WiseTech Global, Ltd.   995 37,734
Woodside Petroleum, Ltd.(2)   7,630 130,468
Woolworths Group, Ltd.   9,763 274,226
      $8,696,751
Austria — 0.2%  
Erste Group Bank AG   2,078 $91,243
OMV AG   1,058 63,708
Raiffeisen Bank International AG   1,194 31,228
Verbund AG   502 50,770
Voestalpine AG   996 36,791
      $273,740
Belgium — 0.8%  
Ageas S.A./NV   1,428 $70,715
Anheuser-Busch InBev S.A./NV   5,942 337,015
Elia Group S.A./NV   260 31,070
Etablissements Franz Colruyt NV   493 25,149
Groupe Bruxelles Lambert S.A.   917 100,866
KBC Group NV   1,859 167,690
Proximus S.A.   1,301 25,818
Sofina S.A.   130 51,654
Solvay S.A.   606 75,173
UCB S.A.   1,003 112,313
Umicore S.A.   1,462 86,491
      $1,083,954
Denmark — 2.6%  
Ambu A/S, Class B   1,373 $40,671
AP Moller - Maersk A/S, Class A   28 72,157
AP Moller - Maersk A/S, Class B   45 121,819
Carlsberg A/S, Class B   793 129,373
Chr. Hansen Holding A/S   842 68,650
 
1

 

Calvert
VP EAFE International Index Portfolio
September 30, 2021
Schedule of Investments (Unaudited) — continued
Security Shares Value
Denmark (continued)  
Coloplast A/S, Class B   880 $    137,599
Danske Bank A/S   5,328      89,756
Demant A/S(1)   798      40,212
DSV A/S   1,585     379,392
Genmab A/S(1)   504     220,209
GN Store Nord A/S   974      67,365
Novo Nordisk A/S, Class B   13,053   1,258,172
Novozymes A/S, Class B   1,592     109,134
Orsted A/S(3)   1,476 194,558
Pandora A/S   798 96,877
ROCKWOOL International A/S, Class B   61 26,052
Tryg A/S   2,723 61,727
Vestas Wind Systems A/S   7,954 319,099
      $3,432,822
Finland — 1.3%  
Elisa Oyj   1,026 $63,697
Fortum Oyj   3,297 100,117
Kesko Oyj, Class B   2,174 74,989
Kone Oyj, Class B   2,644 185,737
Neste Oyj   3,281 185,089
Nokia Oyj(1)   40,972 225,973
Nordea Bank Abp(2)   24,852 320,250
Orion Oyj, Class B(2)   819 32,425
Sampo Oyj, Class A   3,912 193,412
Stora Enso Oyj, Class R   4,366 72,722
UPM-Kymmene Oyj   4,106 145,328
Wartsila Oyj Abp(2)   3,830 45,613
      $1,645,352
France — 10.5%  
Accor S.A.(1)   1,179 $42,040
Aeroports de Paris(1)(2)   234 29,802
Air Liquide S.A.   3,655 585,385
Alstom S.A.   2,516 95,439
Amundi S.A.(3)   448 37,680
ArcelorMittal S.A.   5,460 167,145
Arkema S.A.   475 62,637
Atos SE   785 41,701
AXA S.A.   14,963 414,673
BioMerieux   321 36,526
BNP Paribas S.A.   8,728 558,423
Bollore S.A.   6,375 36,814
Bouygues S.A.   1,786 73,882
Bureau Veritas S.A.   2,318 71,536
Capgemini SE   1,239 256,940
Carrefour S.A.   4,895 87,725
Security Shares Value
France (continued)  
Cie de Saint-Gobain   3,853 $    259,295
Cie Generale des Etablissements Michelin SCA   1,289     197,656
CNP Assurances   1,220      19,255
Covivio   345      28,993
Credit Agricole S.A.   9,189     126,307
Danone S.A.   5,082     346,480
Dassault Aviation S.A.   170      19,110
Dassault Systemes SE   5,065     266,548
Edenred   1,978 106,481
Eiffage S.A.   616 62,257
Electricite de France S.A.   3,598 45,213
Engie S.A.   14,078 184,185
EssilorLuxottica S.A.   2,183 417,156
Eurazeo SE   286 26,799
Eurofins Scientific SE   1,075 137,736
Faurecia SE   1,001 47,095
Gecina S.A.   366 49,240
Getlink SE(2)   3,525 55,066
Hermes International   244 336,655
Ipsen S.A.   305 29,063
Kering S.A.   576 409,110
Klepierre S.A.   1,482 33,143
La Francaise des Jeux SAEM(3)   723 37,175
Legrand S.A.   2,068 221,585
L'Oreal S.A.   1,964 812,711
LVMH Moet Hennessy Louis Vuitton SE   2,167 1,552,143
Orange S.A.   15,668 169,447
Orpea S.A.   435 50,578
Pernod-Ricard S.A.   1,643 362,221
Publicis Groupe S.A.   1,677 112,657
Remy Cointreau S.A.   149 28,848
Renault S.A.(1)   1,531 54,315
Safran S.A.   2,662 336,691
Sanofi   8,849 851,840
Sartorius Stedim Biotech   208 116,231
Schneider Electric SE   4,179 696,029
SCOR SE   1,124 32,367
SEB S.A.   192 27,012
Societe Generale S.A.   6,476 202,795
Sodexo S.A.(1)   722 63,100
Suez S.A.   2,884 65,731
Teleperformance   446 175,427
Thales S.A.   840 81,443
TotalEnergies SE   19,511 932,586
Ubisoft Entertainment S.A.(1)   727 43,534
Unibail-Rodamco-Westfield(1)   1,030 75,809
Valeo   1,737 48,476
 
2

 

Calvert
VP EAFE International Index Portfolio
September 30, 2021
Schedule of Investments (Unaudited) — continued
Security Shares Value
France (continued)  
Veolia Environnement S.A.   5,227 $    159,715
Vinci S.A.   4,142     430,804
Vivendi SE   5,507      69,333
Wendel SE   198      27,358
Worldline S.A.(1)(3)   1,671     127,374
      $ 13,766,526
Germany — 9.0%  
adidas AG   1,475 $    463,528
Allianz SE   3,177 711,793
Aroundtown S.A.   8,106 55,841
BASF SE   7,119 539,693
Bayer AG   7,535 408,966
Bayerische Motoren Werke AG   2,554 242,576
Bayerische Motoren Werke AG, PFC Shares   568 43,086
Bechtle AG   660 45,141
Beiersdorf AG   754 81,357
Brenntag SE   1,248 115,932
Carl Zeiss Meditec AG   333 63,787
Commerzbank AG(1)   8,316 55,083
Continental AG(1)   892 96,834
Covestro AG(3)   1,407 95,888
Daimler AG   6,697 590,888
Delivery Hero SE(1)(3)   1,234 157,403
Deutsche Bank AG(1)   16,163 205,395
Deutsche Boerse AG   1,467 238,045
Deutsche Lufthansa AG(1)(2)   5,186 35,383
Deutsche Post AG   7,615 477,535
Deutsche Telekom AG   26,054 522,492
Deutsche Wohnen SE(1)   2,593 158,891
E.ON SE   17,390 212,257
Evonik Industries AG   1,690 52,994
Fresenius Medical Care AG & Co. KGaA   1,614 113,213
Fresenius SE & Co. KGaA   3,202 153,264
Fuchs Petrolub SE, PFC Shares   612 28,603
GEA Group AG   1,175 53,661
Hannover Rueck SE   489 85,155
HeidelbergCement AG   1,195 89,151
HelloFresh SE(1)   1,318 121,476
Henkel AG & Co. KGaA   829 71,315
Henkel AG & Co. KGaA, PFC Shares   1,483 137,190
Infineon Technologies AG   10,098 412,990
KION Group AG   600 55,787
Knorr-Bremse AG   597 63,874
Lanxess AG   652 44,065
LEG Immobilien SE   523 73,876
Merck KGaA   995 215,358
Security Shares Value
Germany (continued)  
MTU Aero Engines AG   398 $     89,479
Muenchener Rueckversicherungs-Gesellschaft AG   1,083     295,517
Nemetschek SE   486      50,763
Porsche Automobil Holding SE, PFC Shares   1,133     112,043
Puma SE   797      88,599
Rational AG   41      38,514
RWE AG   4,927     173,767
SAP SE   8,160   1,103,470
Sartorius AG, PFC Shares   203 129,232
Scout24 AG(3)   615 42,596
Siemens AG   5,980 978,035
Siemens Energy AG(1)   3,088 82,602
Siemens Healthineers AG(3)   2,224 144,238
Symrise AG   968 126,877
TeamViewer AG(1)(3)   1,345 39,349
Telefonica Deutschland Holding AG(3)   7,582 21,546
Uniper SE   708 29,474
United Internet AG   763 29,515
Vitesco Technologies Group AG(1)   179 10,539
Volkswagen AG   266 82,035
Volkswagen AG, PFC Shares   1,446 322,317
Vonovia SE   4,262 255,779
Zalando SE(1)(3)   1,718 156,684
      $11,792,736
Hong Kong — 2.9%  
AIA Group, Ltd.   94,566 $1,087,925
BOC Hong Kong Holdings, Ltd.   29,956 90,270
Budweiser Brewing Co. APAC, Ltd.(3)   12,300 31,242
Chow Tai Fook Jewellery Group, Ltd.   16,800 31,950
CK Asset Holdings, Ltd.   14,709 84,868
CK Hutchison Holdings, Ltd.   21,347 142,409
CK Infrastructure Holdings, Ltd.   4,104 22,891
CLP Holdings, Ltd.   13,122 126,344
ESR Cayman, Ltd.(1)(3)   13,600 41,046
Futu Holdings, Ltd.(1)(2)   406 36,954
Galaxy Entertainment Group, Ltd.(1)   16,913 86,781
Hang Lung Properties, Ltd.   14,000 31,907
Hang Seng Bank, Ltd.   6,140 105,171
Henderson Land Development Co., Ltd.   11,806 45,080
HK Electric Investments & HK Electric Investments, Ltd.   20,027 19,872
HKT Trust & HKT, Ltd.   33,020 45,149
Hong Kong & China Gas Co., Ltd.   83,675 126,424
Hong Kong Exchanges & Clearing, Ltd.   9,406 578,003
Hongkong Land Holdings, Ltd.   9,294 44,394
Jardine Matheson Holdings, Ltd.   1,619 85,577
Link REIT   15,789 135,207
 
3

 

Calvert
VP EAFE International Index Portfolio
September 30, 2021
Schedule of Investments (Unaudited) — continued
Security Shares Value
Hong Kong (continued)  
Melco Resorts & Entertainment Ltd. ADR(1)   1,471 $     15,063
MTR Corp., Ltd.   12,481      67,172
New World Development Co., Ltd.   12,107      49,242
Power Assets Holdings, Ltd.   11,042      64,729
Sands China, Ltd.(1)   19,483      39,872
Sino Land Co., Ltd.   23,433      31,524
SITC International Holdings Co., Ltd.   10,000      35,584
SJM Holdings, Ltd.(1)   15,000      10,195
Sun Hung Kai Properties, Ltd.   10,152 126,761
Swire Pacific, Ltd., Class A   4,537 26,846
Swire Properties, Ltd.   8,529 21,307
Techtronic Industries Co., Ltd.   10,525 207,990
WH Group, Ltd.(3)   54,233 38,617
Wharf Real Estate Investment Co., Ltd.   13,118 67,399
Wynn Macau, Ltd.(1)   13,891 11,689
Xinyi Glass Holdings, Ltd.   14,000 41,763
      $3,855,217
Ireland — 1.1%  
CRH PLC   6,047 $285,387
DCC PLC   788 65,692
Experian PLC   7,036 294,739
Flutter Entertainment PLC(1)   1,260 249,898
James Hardie Industries PLC CDI   3,369 119,503
Kerry Group PLC, Class A   1,223 164,307
Kingspan Group PLC   1,176 117,305
Smurfit Kappa Group PLC   1,810 95,294
      $1,392,125
Israel — 0.6%  
Azrieli Group, Ltd.   315 $28,356
Bank Hapoalim B.M.   9,053 79,518
Bank Leumi Le-Israel B.M.   11,623 98,482
Check Point Software Technologies, Ltd.(1)   841 95,067
CyberArk Software, Ltd.(1)   327 51,607
Elbit Systems, Ltd.   215 31,132
ICL Group, Ltd.   5,940 43,287
Israel Discount Bank, Ltd., Class A(1)   9,880 52,155
Mizrahi Tefahot Bank, Ltd.   995 33,511
Nice, Ltd.(1)   498 141,014
Teva Pharmaceutical Industries, Ltd. ADR(1)   8,820 85,907
Wix.com, Ltd.(1)   433 84,855
      $824,891
Italy — 2.1%  
Amplifon SpA   989 $47,003
Assicurazioni Generali SpA   8,378 177,439
Security Shares Value
Italy (continued)  
Atlantia SpA(1)   3,751 $     70,788
Davide Campari-Milano NV   4,524      63,550
DiaSorin SpA   212      44,395
Enel SpA   63,649     488,520
Eni SpA   19,584     261,157
Ferrari NV   971     202,647
FinecoBank Banca Fineco SpA(1)   4,632      83,663
Infrastrutture Wireless Italiane SpA(3)   2,913      32,445
Intesa Sanpaolo SpA   129,469 366,525
Mediobanca Banca di Credito Finanziario SpA(1)   4,446 53,490
Moncler SpA   1,629 99,354
Nexi SpA(1)(3)   3,168 59,076
Poste Italiane SpA(3)   4,086 56,108
Prysmian SpA   1,988 69,438
Recordati Industria Chimica e Farmaceutica SpA   757 43,875
Snam SpA   16,457 91,038
Telecom Italia SpA   64,557 25,242
Telecom Italia SpA, PFC Shares   46,896 18,924
Tenaris S.A.   3,576 37,616
Terna - Rete Elettrica Nazionale(2)   11,610 82,394
UniCredit SpA   16,782 222,088
      $2,696,775
Japan — 24.1%  
ABC-Mart, Inc.   336 $18,874
Acom Co., Ltd.   4,068 14,865
Advantest Corp.   1,600 142,575
AEON Co., Ltd.(2)   5,248 137,970
AGC, Inc.   1,556 80,184
Aisin Corp.   1,252 45,368
Ajinomoto Co., Inc.   3,399 100,440
ANA Holdings, Inc.(1)   1,383 35,954
Asahi Group Holdings, Ltd.   3,515 169,618
Asahi Intecc Co., Ltd.(2)   1,600 43,822
Asahi Kasei Corp.   10,170 108,982
Astellas Pharma, Inc.   14,301 235,381
Azbil Corp.   1,000 43,056
Bandai Namco Holdings, Inc.   1,537 115,548
Bridgestone Corp.   4,484 212,143
Brother Industries, Ltd.   1,905 41,920
Canon, Inc.(2)   7,600 185,957
Capcom Co., Ltd.   1,400 38,901
Casio Computer Co., Ltd.   1,531 25,347
Central Japan Railway Co.   1,159 185,004
Chiba Bank, Ltd. (The)   4,141 26,835
Chubu Electric Power Co., Inc.   5,369 63,455
Chugai Pharmaceutical Co., Ltd.   5,246 191,971
 
4

 

Calvert
VP EAFE International Index Portfolio
September 30, 2021
Schedule of Investments (Unaudited) — continued
Security Shares Value
Japan (continued)  
Concordia Financial Group, Ltd.   8,031 $     31,614
Cosmos Pharmaceutical Corp.   200      33,966
CyberAgent, Inc.   3,200      61,736
Dai Nippon Printing Co., Ltd.   1,505      36,259
Daifuku Co., Ltd.   800      75,029
Dai-ichi Life Holdings, Inc.   8,013     175,253
Daiichi Sankyo Co., Ltd.   13,800     366,820
Daikin Industries, Ltd.   1,958     426,919
Daito Trust Construction Co., Ltd.   516 60,531
Daiwa House Industry Co., Ltd.   4,332 144,407
Daiwa House REIT Investment Corp.   16 46,987
Daiwa Securities Group, Inc.   12,125 70,673
Denso Corp.   3,334 217,701
Dentsu Group, Inc.   1,805 69,447
Disco Corp.   200 56,017
East Japan Railway Co.   2,350 166,082
Eisai Co., Ltd.   1,751 131,163
ENEOS Holdings, Inc.   24,938 101,307
FANUC Corp.   1,462 320,561
Fast Retailing Co., Ltd.   500 368,758
Fuji Electric Co., Ltd.   1,041 47,372
FUJIFILM Holdings Corp.   2,727 235,476
Fujitsu, Ltd.   1,552 280,463
GLP J-REIT   31 50,904
GMO Payment Gateway, Inc.   300 37,878
Hakuhodo DY Holdings, Inc.   1,578 27,156
Hamamatsu Photonics K.K.   1,151 71,199
Hankyu Hanshin Holdings, Inc.   1,862 58,604
Harmonic Drive Systems, Inc.(2)   300 14,387
Hikari Tsushin, Inc.   119 20,113
Hino Motors, Ltd.   2,636 24,478
Hirose Electric Co., Ltd.   242 40,217
Hisamitsu Pharmaceutical Co., Inc.   330 12,481
Hitachi Construction Machinery Co., Ltd.   796 22,363
Hitachi Metals, Ltd.(1)   1,286 24,834
Hitachi, Ltd.   7,484 442,759
Honda Motor Co., Ltd.   12,601 387,403
Hoshizaki Corp.   416 37,837
HOYA Corp.   2,923 456,043
Hulic Co., Ltd.   2,340 26,059
Ibiden Co., Ltd.   900 49,505
Idemitsu Kosan Co., Ltd.   1,684 44,300
Iida Group Holdings Co., Ltd.   1,100 28,294
INPEX Corp.   8,491 66,114
Isuzu Motors, Ltd.   4,355 56,659
Ito En, Ltd.   400 26,534
ITOCHU Corp.   9,248 269,357
Security Shares Value
Japan (continued)  
Itochu Techno-Solutions Corp.   700 $     22,732
Japan Airlines Co., Ltd.(1)(2)   1,320      31,425
Japan Exchange Group, Inc.   4,118     102,126
Japan Metropolitan Fund Investment Corp.   60      57,612
Japan Post Bank Co., Ltd.   3,400      29,163
Japan Post Holdings Co., Ltd.   12,500     105,071
Japan Post Insurance Co., Ltd.   2,000      36,276
Japan Real Estate Investment Corp.   10      59,982
Japan Tobacco, Inc.   9,134 178,974
JFE Holdings, Inc.   4,025 60,360
JSR Corp.   1,459 52,445
Kajima Corp.   3,581 45,889
Kakaku.com, Inc.   955 30,840
Kansai Electric Power Co., Inc. (The)   5,178 50,176
Kansai Paint Co., Ltd.   1,523 37,781
Kao Corp.   3,801 226,211
KDDI Corp.   12,367 407,160
Keio Corp.   779 41,666
Keisei Electric Railway Co., Ltd.   1,005 33,291
Keyence Corp.   1,560 931,119
Kikkoman Corp.   1,201 97,729
Kintetsu Group Holdings Co., Ltd.(1)   1,346 45,265
Kirin Holdings Co., Ltd.   6,326 117,410
Kobayashi Pharmaceutical Co., Ltd.   400 31,713
Kobe Bussan Co., Ltd.   1,000 32,674
Koei Tecmo Holdings Co., Ltd.   520 24,683
Koito Manufacturing Co., Ltd.   747 44,919
Komatsu, Ltd.   6,946 166,346
Konami Holdings Corp.   751 47,072
Kose Corp.   208 24,876
Kubota Corp.   8,011 170,495
Kurita Water Industries, Ltd.   732 35,223
Kyocera Corp.   2,548 159,279
Kyowa Kirin Co., Ltd.   1,944 70,082
Lasertec Corp.   600 136,595
Lawson, Inc.   500 24,561
Lion Corp.   1,722 27,852
Lixil Corp.   2,113 61,242
M3, Inc.   3,458 246,446
Makita Corp.   1,748 96,110
Marubeni Corp.   12,333 102,034
Mazda Motor Corp.(1)   4,510 39,029
McDonald's Holdings Co. (Japan), Ltd.(2)   577 27,222
Medipal Holdings Corp.   1,645 30,959
MEIJI Holdings Co., Ltd.   867 56,054
Mercari, Inc.(1)(2)   900 49,732
MINEBEA MITSUMI, Inc.   2,859 72,812
 
5

 

Calvert
VP EAFE International Index Portfolio
September 30, 2021
Schedule of Investments (Unaudited) — continued
Security Shares Value
Japan (continued)  
MISUMI Group, Inc.   2,280 $     97,012
Mitsubishi Chemical Holdings Corp.   10,522      95,790
Mitsubishi Corp.   9,790     307,430
Mitsubishi Electric Corp.   14,060     195,400
Mitsubishi Estate Co., Ltd.   9,168     145,980
Mitsubishi Gas Chemical Co., Inc.   1,148      22,638
Mitsubishi HC Capital, Inc.   5,566      29,104
Mitsubishi Heavy Industries, Ltd.   2,544      68,164
Mitsubishi UFJ Financial Group, Inc.(4)   95,076 562,025
Mitsui & Co., Ltd.   11,775 257,484
Mitsui Chemicals, Inc.   1,475 49,278
Mitsui Fudosan Co., Ltd.   7,031 167,021
Miura Co., Ltd.   700 27,982
Mizuho Financial Group, Inc.   18,700 264,552
MonotaRO Co., Ltd.   1,800 40,338
MS&AD Insurance Group Holdings, Inc.   3,328 111,311
Murata Manufacturing Co., Ltd.   4,514 399,274
Nabtesco Corp.   948 35,844
NEC Corp.   1,855 100,524
Nexon Co., Ltd.   3,850 61,795
NGK Insulators, Ltd.   1,971 33,411
NH Foods, Ltd.   583 22,017
Nidec Corp.   3,428 377,903
Nihon M&A Center, Inc.   2,400 70,474
Nintendo Co., Ltd.   921 440,130
Nippon Building Fund, Inc.   12 77,961
Nippon Express Co., Ltd.   576 39,669
Nippon Paint Holdings Co., Ltd.   5,790 63,054
Nippon Prologis REIT, Inc.   16 53,473
Nippon Sanso Holdings Corp.(2)   1,324 33,181
Nippon Shinyaku Co., Ltd.   400 33,249
Nippon Steel Corp.   6,475 116,459
Nippon Telegraph & Telephone Corp.   9,904 274,431
Nippon Yusen KK   1,300 97,407
Nissan Chemical Corp.   1,047 61,235
Nissan Motor Co., Ltd.(1)   17,743 88,670
Nisshin Seifun Group, Inc.   1,417 23,481
Nissin Foods Holdings Co., Ltd.   498 39,962
Nitori Holdings Co., Ltd.   616 121,396
Nitto Denko Corp.   1,070 76,170
Nomura Holdings, Inc.   24,357 120,078
Nomura Real Estate Holdings, Inc.   870 22,619
Nomura Real Estate Master Fund, Inc.   30 43,178
Nomura Research Institute, Ltd.   2,700 99,243
NSK, Ltd.   2,296 15,558
NTT Data Corp.   5,030 97,251
Obayashi Corp.   5,320 43,851
Security Shares Value
Japan (continued)  
Obic Co., Ltd.   560 $    106,488
Odakyu Electric Railway Co., Ltd.(2)   2,305      53,349
Oji Holdings Corp.   6,573      33,120
Olympus Corp.   9,076     198,655
Omron Corp.   1,463     144,768
Ono Pharmaceutical Co., Ltd.   3,005      68,525
Oracle Corp. Japan   289      25,388
Oriental Land Co., Ltd.   1,524     246,546
ORIX Corp.   9,502 177,797
Orix JREIT, Inc.   18 31,327
Osaka Gas Co., Ltd.   3,123 57,067
Otsuka Corp.   864 44,429
Otsuka Holdings Co., Ltd.   3,152 134,788
Pan Pacific International Holdings Corp.   3,336 68,833
Panasonic Corp.   16,847 208,825
PeptiDream, Inc.(1)   700 22,851
Persol Holdings Co., Ltd.   1,200 29,915
Pigeon Corp.   900 20,923
Pola Orbis Holdings, Inc.   932 21,453
Rakuten Group, Inc.   6,900 67,211
Recruit Holdings Co., Ltd.   10,557 645,305
Renesas Electronics Corp.(1)   10,100 124,304
Resona Holdings, Inc.   16,411 65,644
Ricoh Co., Ltd.   4,735 48,450
Rinnai Corp.   246 27,009
Rohm Co., Ltd.   707 66,672
Ryohin Keikaku Co., Ltd.   1,730 38,480
Santen Pharmaceutical Co., Ltd.   2,900 40,786
SBI Holdings, Inc.   1,875 45,923
SCSK Corp.   1,200 25,381
Secom Co., Ltd.   1,648 119,197
Seiko Epson Corp.(2)   2,252 45,468
Sekisui Chemical Co., Ltd.   2,964 50,928
Sekisui House, Ltd.   4,950 103,658
Seven & i Holdings Co., Ltd.   5,826 265,225
SG Holdings Co., Ltd.   2,600 73,557
Sharp Corp.   1,524 19,211
Shimadzu Corp.   1,814 79,664
Shimano, Inc.   550 160,703
Shimizu Corp.   4,127 30,892
Shin-Etsu Chemical Co., Ltd.   2,785 470,021
Shionogi & Co., Ltd.   2,021 138,296
Shiseido Co., Ltd.   3,174 213,323
Shizuoka Bank, Ltd. (The)(2)   3,925 32,249
SMC Corp.   479 298,853
SoftBank Corp.   22,200 301,138
SoftBank Group Corp.   9,384 542,257
 
6

 

Calvert
VP EAFE International Index Portfolio
September 30, 2021
Schedule of Investments (Unaudited) — continued
Security Shares Value
Japan (continued)  
Sohgo Security Services Co., Ltd.   528 $     23,737
Sompo Holdings, Inc.   2,299      99,742
Sony Group Corp.   9,780   1,085,762
Square Enix Holdings Co., Ltd.   700      37,412
Stanley Electric Co., Ltd.   1,134      28,643
Subaru Corp.   4,728      87,372
Sumco Corp.   1,900      37,906
Sumitomo Chemical Co., Ltd.   10,634      55,193
Sumitomo Corp.   9,025 127,134
Sumitomo Dainippon Pharma Co., Ltd.   1,622 28,992
Sumitomo Electric Industries, Ltd.   5,990 79,653
Sumitomo Metal Mining Co., Ltd.   2,020 73,044
Sumitomo Mitsui Financial Group, Inc.   10,097 355,206
Sumitomo Mitsui Trust Holdings, Inc.   2,482 85,480
Sumitomo Realty & Development Co., Ltd.   2,268 82,898
Suntory Beverage & Food, Ltd.   1,117 46,306
Suzuki Motor Corp.   2,778 124,118
Sysmex Corp.   1,293 160,602
T&D Holdings, Inc.   4,306 59,069
Taisei Corp.   1,549 49,633
Taisho Pharmaceutical Holdings Co., Ltd.   267 15,563
Takeda Pharmaceutical Co., Ltd.   12,224 403,181
TDK Corp.   2,865 103,320
Terumo Corp.   5,118 241,663
THK Co., Ltd.   828 18,169
TIS, Inc.   1,900 51,859
Tobu Railway Co., Ltd.(2)   1,573 42,354
Toho Co., Ltd.   856 40,327
Toho Gas Co., Ltd.   572 24,878
Tohoku Electric Power Co., Inc.   3,514 25,832
Tokio Marine Holdings, Inc.   4,900 262,664
Tokyo Century Corp.(2)   300 16,890
Tokyo Electric Power Co. Holdings, Inc.(1)   11,600 33,029
Tokyo Electron, Ltd.   1,179 520,857
Tokyo Gas Co., Ltd.   2,962 55,115
Tokyu Corp.   3,584 53,199
TOPPAN, Inc.   2,074 35,165
Toray Industries, Inc.   10,262 65,207
Toshiba Corp.   3,274 137,806
Tosoh Corp.   2,300 41,680
TOTO, Ltd.   1,143 54,426
Toyo Suisan Kaisha, Ltd.   704 31,173
Toyota Industries Corp.   1,161 95,527
Toyota Motor Corp.   82,150 1,463,698
Toyota Tsusho Corp.   1,765 74,118
Trend Micro, Inc.   1,144 63,707
Tsuruha Holdings, Inc.   272 33,544
Security Shares Value
Japan (continued)  
Unicharm Corp.   3,214 $    142,419
United Urban Investment Corp.   22      29,734
USS Co., Ltd.   1,635      27,832
Welcia Holdings Co., Ltd.   800      28,834
West Japan Railway Co.   1,778      89,375
Yakult Honsha Co., Ltd.   996      50,419
Yamada Holdings Co., Ltd.   6,405      26,898
Yamaha Corp.   1,109      69,758
Yamaha Motor Co., Ltd.   2,354 65,535
Yamato Holdings Co., Ltd.   2,464 62,365
Yaskawa Electric Corp.   1,883 90,419
Yokogawa Electric Corp.   1,628 28,395
Z Holdings Corp.   20,817 133,230
ZOZO, Inc.   1,007 37,727
      $31,738,004
Netherlands — 6.9%  
ABN AMRO Bank NV(1)(2)(3)   3,112 $44,898
Adyen NV(1)(3)   154 430,486
Aegon NV   12,975 66,975
Airbus SE(1)   4,566 605,341
Akzo Nobel NV   1,505 164,443
Argenx SE(1)   363 109,692
ASM International NV   368 144,116
ASML Holding NV   3,262 2,436,904
CNH Industrial NV   7,554 126,976
EXOR NV   898 75,358
Heineken Holding NV   927 80,719
Heineken NV(2)   1,986 207,288
ING Groep NV(2)   29,919 434,977
JDE Peet's NV   587 17,537
Just Eat Takeaway.com NV(1)(2)(3)   1,437 104,993
Koninklijke Ahold Delhaize NV   7,945 264,554
Koninklijke DSM NV   1,327 265,368
Koninklijke KPN NV   24,529 77,187
Koninklijke Philips NV   7,038 312,677
Koninklijke Vopak NV(2)   531 20,923
NN Group NV   2,075 108,693
Prosus NV   7,233 578,936
QIAGEN NV(1)   1,873 96,884
Randstad NV(2)   975 65,644
Royal Dutch Shell PLC, Class A   32,032 712,365
Royal Dutch Shell PLC, Class B   28,956 641,567
Stellantis NV   15,632 297,494
STMicroelectronics NV   5,354 233,765
Universal Music Group NV(1)(2)   5,507 147,451
 
7

 

Calvert
VP EAFE International Index Portfolio
September 30, 2021
Schedule of Investments (Unaudited) — continued
Security Shares Value
Netherlands (continued)  
Wolters Kluwer NV   2,106 $    223,229
      $  9,097,440
New Zealand — 0.3%  
a2 Milk Co., Ltd. (The)(1)(2)   6,163 $     27,289
Auckland International Airport, Ltd.(1)   10,551      56,715
Fisher & Paykel Healthcare Corp., Ltd.   4,305      94,691
Mercury NZ, Ltd.   4,384      19,607
Meridian Energy, Ltd.   9,757      32,996
Ryman Healthcare, Ltd.(2)   2,935 30,541
Spark New Zealand, Ltd.   13,480 44,348
Xero, Ltd.(1)   981 96,264
      $402,451
Norway — 0.7%  
Adevinta ASA(1)   1,949 $33,399
DNB Bank ASA   7,454 169,464
Equinor ASA   7,555 192,130
Gjensidige Forsikring ASA   1,602 35,481
Mowi ASA   3,437 87,206
Norsk Hydro ASA   9,871 73,677
Orkla ASA   6,067 55,684
Schibsted ASA, Class A   610 28,955
Schibsted ASA, Class B   908 38,436
Telenor ASA   5,236 88,132
Yara International ASA   1,431 70,887
      $873,451
Poland — 0.0%(5)  
InPost S.A.(1)   1,684 $27,943
      $27,943
Portugal — 0.1%  
EDP - Energias de Portugal S.A.   21,198 $111,372
Galp Energia SGPS S.A.   3,597 40,854
Jeronimo Martins SGPS S.A.   1,795 35,788
      $188,014
Singapore — 1.2%  
Ascendas Real Estate Investment Trust   23,731 $52,307
CapitaLand Integrated Commercial Trust   38,366 57,129
Capitaland Investment, Ltd.(1)   21,948 54,959
City Developments, Ltd.   4,171 21,110
DBS Group Holdings, Ltd.   13,948 309,068
Genting Singapore, Ltd.   48,954 25,811
Keppel Corp., Ltd.   12,128 46,314
Mapletree Commercial Trust   19,300 29,249
Mapletree Logistics Trust   22,400 33,486
Security Shares Value
Singapore (continued)  
Oversea-Chinese Banking Corp., Ltd.   26,736 $    225,137
Sea, Ltd.(1)   534     170,202
Singapore Airlines, Ltd.(1)(2)   9,600      35,353
Singapore Exchange, Ltd.   6,600      48,318
Singapore Technologies Engineering, Ltd.   13,918      38,851
Singapore Telecommunications, Ltd.   61,191     110,160
United Overseas Bank, Ltd.   8,814     166,740
UOL Group, Ltd.   3,470      17,449
Venture Corp., Ltd.   2,000 26,287
Wilmar International, Ltd.   15,000 46,341
      $1,514,271
Spain — 2.4%  
ACS Actividades de Construccion y Servicios S.A.   1,835 $49,708
Aena SME S.A.(1)(3)   543 93,670
Amadeus IT Group S.A.(1)   3,541 232,898
Banco Bilbao Vizcaya Argentaria S.A.   51,258 338,334
Banco Santander S.A.   134,167 486,001
CaixaBank S.A.   35,134 108,951
Cellnex Telecom S.A.(3)   3,985 245,808
EDP Renovaveis S.A.   2,336 57,988
Enagas S.A.(2)   1,961 43,581
Endesa S.A.   2,524 50,903
Ferrovial S.A.   3,497 102,073
Grifols S.A.(2)   2,499 60,962
Iberdrola S.A.   47,439 477,256
Industria de Diseno Textil S.A.   8,586 315,928
Naturgy Energy Group S.A.   2,455 61,795
Red Electrica Corp. S.A.   3,451 69,235
Repsol S.A.   11,427 149,163
Siemens Gamesa Renewable Energy S.A.(1)   1,846 46,920
Telefonica S.A.   38,756 181,865
      $3,173,039
Sweden — 3.4%  
Alfa Laval AB   2,529 $94,328
Assa Abloy AB, Class B   7,674 222,597
Atlas Copco AB, Class A   5,184 313,039
Atlas Copco AB, Class B   3,161 160,663
Boliden AB   2,227 71,309
Electrolux AB, Series B(2)   1,958 45,237
Embracer Group AB(1)(2)   4,144 39,709
Epiroc AB, Class A   5,226 108,345
Epiroc AB, Class B   3,766 66,703
EQT AB   2,347 97,456
Essity AB, Class B   4,621 143,316
Evolution AB(3)   1,329 201,263
 
8

 

Calvert
VP EAFE International Index Portfolio
September 30, 2021
Schedule of Investments (Unaudited) — continued
Security Shares Value
Sweden (continued)  
Fastighets AB Balder, Class B(1)   794 $     47,717
H & M Hennes & Mauritz AB, Class B(1)   5,966     120,761
Hexagon AB, Class B   15,400     238,207
Husqvarna AB, Class B   3,160      37,749
ICA Gruppen AB   820      37,621
Industrivarden AB, Class A   851      27,187
Industrivarden AB, Class C   1,419      43,841
Investment AB Latour, Class B   1,245      38,526
Investor AB, Class B   14,024 301,577
Kinnevik AB, Class B(1)   1,801 63,313
L E Lundbergforetagen AB, Class B   593 32,543
Lundin Energy AB(2)   1,471 54,605
Nibe Industrier AB, Class B   11,258 141,477
Sandvik AB   8,759 200,111
Securitas AB, Class B(2)   2,477 39,205
Sinch AB(1)(3)   3,670 71,169
Skandinaviska Enskilda Banken AB, Class A   12,316 173,573
Skanska AB, Class B   2,734 68,589
SKF AB, Class B   3,034 71,545
Svenska Cellulosa AB SCA, Class B   4,539 70,346
Svenska Handelsbanken AB, Class A   11,718 131,235
Swedbank AB, Class A   7,146 144,097
Swedish Match AB   12,100 105,906
Tele2 AB, Class B(2)   3,517 52,075
Telefonaktiebolaget LM Ericsson, Class B(2)   22,511 254,080
Telia Co. AB   21,130 86,923
Volvo AB, Class A   1,646 37,191
Volvo AB, Class B   10,985 245,256
      $4,500,390
Switzerland — 9.8%  
ABB, Ltd.   13,423 $449,024
Adecco Group AG   1,241 62,181
Alcon, Inc.   3,804 308,013
Baloise Holding AG   374 56,732
Banque Cantonale Vaudoise   253 19,236
Barry Callebaut AG   29 65,774
Chocoladefabriken Lindt & Sprungli AG   1 117,722
Chocoladefabriken Lindt & Sprungli AG PC   6 67,065
Cie Financiere Richemont S.A.   4,048 419,705
Clariant AG(1)   1,727 32,416
Coca-Cola HBC AG   1,588 51,172
Credit Suisse Group AG   19,378 191,382
EMS-Chemie Holding AG   50 47,241
Geberit AG   293 215,121
Givaudan S.A.   72 328,254
Glencore PLC   77,086 362,621
Security Shares Value
Switzerland (continued)  
Holcim Ltd.   4,011 $    193,270
Julius Baer Group, Ltd.   1,776     117,997
Kuehne & Nagel International AG   428     146,120
Logitech International S.A.   1,318     117,259
Lonza Group AG(1)   581     435,814
Nestle S.A.   22,469   2,707,290
Novartis AG   17,339   1,421,783
Partners Group Holding AG   177     276,233
Roche Holding AG   260 106,710
Roche Holding AG PC   5,484 2,001,494
Schindler Holding AG   160 41,220
Schindler Holding AG PC   334 89,669
SGS S.A.   46 133,898
Sika AG(2)   1,112 351,584
Sonova Holding AG   411 155,320
Straumann Holding AG   83 148,857
Swatch Group AG (The)   228 59,481
Swatch Group AG (The), Bearer Shares   555 28,557
Swiss Life Holding AG   259 130,502
Swiss Prime Site AG   549 53,627
Swiss Re AG   2,386 203,645
Swisscom AG   199 114,521
Temenos AG   527 71,507
UBS Group AG   28,449 454,092
Vifor Pharma AG   327 42,385
Zurich Insurance Group AG   1,171 478,846
      $12,875,340
United Kingdom — 12.7%  
3i Group PLC   7,801 $133,996
Abrdn PLC   16,252 55,581
Admiral Group PLC   1,608 67,188
Anglo American PLC   10,080 353,290
Antofagasta PLC   3,041 55,263
Ashtead Group PLC   3,470 262,309
Associated British Foods PLC   2,895 72,064
AstraZeneca PLC   12,002 1,446,454
Auto Trader Group PLC(3)   7,242 57,112
AVEVA Group PLC   905 43,740
Aviva PLC   31,430 166,575
BAE Systems PLC   24,901 188,602
Barclays PLC   129,517 329,100
Barratt Developments PLC   8,311 73,467
Berkeley Group Holdings PLC   842 49,169
BHP Group PLC   16,556 417,118
BP PLC   158,548 722,163
British American Tobacco PLC   16,867 589,578
 
9

 

Calvert
VP EAFE International Index Portfolio
September 30, 2021
Schedule of Investments (Unaudited) — continued
Security Shares Value
United Kingdom (continued)  
British Land Co. PLC (The)   7,010 $     46,516
BT Group PLC(1)   67,314     144,308
Bunzl PLC   2,545      83,971
Burberry Group PLC   3,124      76,028
Coca-Cola Europacific Partners PLC   1,647      91,063
Compass Group PLC(1)   13,713     280,447
Croda International PLC   1,133     129,816
Diageo PLC   18,041     873,455
Direct Line Insurance Group PLC   9,725 37,851
Entain PLC(1)   4,677 133,583
Evraz PLC   3,425 27,174
Ferguson PLC   1,726 239,606
GlaxoSmithKline PLC   39,066 737,299
Halma PLC   3,070 117,101
Hargreaves Lansdown PLC   2,659 51,054
Hikma Pharmaceuticals PLC   1,223 40,232
HSBC Holdings PLC   159,836 835,731
Imperial Brands PLC   7,551 157,942
Informa PLC(1)   12,081 88,843
InterContinental Hotels Group PLC(1)   1,394 89,009
Intertek Group PLC   1,299 86,861
J Sainsbury PLC   11,679 44,763
JD Sports Fashion PLC   4,451 62,552
Johnson Matthey PLC   1,407 50,479
Kingfisher PLC   15,641 70,601
Land Securities Group PLC   5,555 51,774
Legal & General Group PLC   45,856 172,285
Lloyds Banking Group PLC   548,655 341,494
London Stock Exchange Group PLC   2,560 256,533
M&G PLC   18,709 51,117
Melrose Industries PLC   33,152 76,969
Mondi PLC   3,917 95,990
National Grid PLC   27,897 332,413
Natwest Group PLC   44,868 135,271
Next PLC   1,079 118,691
Ocado Group PLC(1)   3,893 87,000
Pearson PLC   6,159 59,066
Persimmon PLC   2,595 92,810
Phoenix Group Holdings PLC   4,275 36,958
Prudential PLC   20,207 392,125
Reckitt Benckiser Group PLC   5,479 430,431
RELX PLC   15,048 433,175
Rentokil Initial PLC   13,829 108,596
Rio Tinto PLC   8,715 571,287
Rolls-Royce Holdings PLC(1)   67,400 125,884
Sage Group PLC (The)   8,820 83,981
Schroders PLC   934 44,981
Security Shares Value
United Kingdom (continued)  
Segro PLC   9,491 $    152,462
Severn Trent PLC   1,999      69,983
Smith & Nephew PLC   6,612     113,910
Smiths Group PLC   3,286      63,363
Spirax-Sarco Engineering PLC   587     118,108
SSE PLC   7,941     167,199
St. James's Place PLC   4,377      88,294
Standard Chartered PLC   20,555     120,160
Taylor Wimpey PLC   27,593 57,551
Tesco PLC   59,463 202,509
Unilever PLC   20,475 1,108,482
United Utilities Group PLC   5,449 70,921
Vodafone Group PLC   216,739 329,810
Whitbread PLC(1)   1,488 66,161
WM Morrison Supermarkets PLC   18,613 73,739
WPP PLC   9,194 123,177
      $16,703,714
United States — 0.0%(5)  
Jackson Financial, Inc.(1)   505 $13,130
      $13,130
Total Common Stocks
(identified cost $81,263,385) 		    $130,568,076
    
Rights — 0.0%(5)
    
Security Shares Value
Australia — 0.0%(5)  
Transurban Group, Exp. 10/8/21(1)       2,335 $      1,773
      $      1,773
Germany — 0.0%(5)  
Deutsche Lufthansa AG, Exp. 10/5/21(1)       2,376 $      5,917
      $      5,917
Total Rights
(identified cost $10,658) 		    $      7,690
    
Short-Term Investments — 0.9%
    
Affiliated Fund — 0.0%(5)
Description Units Value
Calvert Cash Reserves Fund, LLC, 0.04%(6)      37,821 $     37,825
Total Affiliated Fund
(identified cost $37,821) 		    $     37,825
    
 
10

 

Calvert
VP EAFE International Index Portfolio
September 30, 2021
Schedule of Investments (Unaudited) — continued
Securities Lending Collateral — 0.9%
Security Shares Value
State Street Navigator Securities Lending Government Money Market Portfolio, 0.03%(7)   1,098,522 $  1,098,522
Total Securities Lending Collateral
(identified cost $1,098,522) 		    $  1,098,522
Total Short-Term Investments
(identified cost $1,136,343) 		    $  1,136,347
    
Total Investments — 100.2%
(identified cost $82,410,386) 		  $131,712,113
Other Assets, Less Liabilities — (0.2)%   $   (217,424)
Net Assets — 100.0%   $131,494,689
    
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 September 30, 2021. The aggregate market value of securities on loan at September 30, 2021 was $4,054,122 and the total market value of the collateral received by the Fund was $4,360,716, comprised of cash of $1,098,522 and U.S. government and/or agencies securities of $3,262,194.
(3) Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be sold in certain transactions in reliance on an exemption from registration (normally to qualified institutional buyers). At September 30, 2021, the aggregate value of these securities is $2,562,424 or 1.9% of the Fund's net assets.
(4) Represents an investment in an issuer that may be deemed to be an affiliate effective March 1, 2021.
(5) Amount is less than 0.05%.
(6) Affiliated investment company, available to Calvert portfolios and funds, which invests in high quality, U.S. dollar denominated money market instruments. The rate shown is the annualized seven-day yield as of September 30, 2021.
(7) Represents investment of cash collateral received in connection with securities lending.
At September 30, 2021, the concentration of the Fund’s investments in the various sectors, determined as a percentage of net assets, was as follows:
Economic Sectors % of Net Assets
Financials 17.0%
Industrials 15.7
Consumer Discretionary 12.7
Health Care 12.5
Consumer Staples 10.2
Information Technology 9.6
Materials 7.2
Communication Services 4.7
Energy 3.5
Utilities 3.3
Real Estate 2.9
Total 99.3%
    
Abbreviations: 
ADR – American Depositary Receipt
CDI – CHESS Depositary Interest
PC – Participation Certificate
PFC Shares – Preference Shares
 

The Fund did not have any open derivative instruments at September 30, 2021.
The Fund invested in issuers that may be deemed to be affiliated with Morgan Stanley. At September 30, 2021, the value of the Fund's investment in affiliated issuers and funds was $599,850, which represents 0.5% of the Fund's net assets. Transactions in affiliated issuers and funds by the Fund for the fiscal year to date ended September 30, 2021 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/Units,
end of period
Common Stocks            
Mitsubishi UFJ Financial Group, Inc.(1) $ — $ — $ — $ — $61,954 $562,025 $20,029 95,076
Short-Term Investments            
Calvert Cash Reserves Fund, LLC 439,993 8,762,894 (9,165,058) (8)      4  37,825    136 37,821
Totals       $(8) $61,958 $599,850 $20,165  
    
(1) May be deemed to be an affiliated issuer as of March 1, 2021.
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:
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Calvert
VP EAFE International Index Portfolio
September 30, 2021
Schedule of Investments (Unaudited) — continued
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 September 30, 2021, based on the inputs used to value them:
Asset Description Level 1 Level 2 Level 3 Total
Common Stocks:        
Australia $ — $8,696,751 $ — $8,696,751
Austria  — 273,740  — 273,740
Belgium  — 1,083,954  — 1,083,954
Denmark  — 3,432,822  — 3,432,822
Finland  — 1,645,352  — 1,645,352
France  — 13,766,526  — 13,766,526
Germany 169,430 11,623,306  — 11,792,736
Hong Kong 52,017 3,803,200  — 3,855,217
Ireland  — 1,392,125  — 1,392,125
Israel 317,436 507,455  — 824,891
Italy  — 2,696,775  — 2,696,775
Japan  — 31,738,004  — 31,738,004
Netherlands 147,451 8,949,989  — 9,097,440
New Zealand  — 402,451  — 402,451
Norway  — 873,451  — 873,451
Poland  — 27,943  — 27,943
Portugal  — 188,014  — 188,014
Singapore 225,161 1,289,110  — 1,514,271
Spain  — 3,173,039  — 3,173,039
Sweden  — 4,500,390  — 4,500,390
Switzerland  — 12,875,340  — 12,875,340
United Kingdom 91,063 16,612,651  — 16,703,714
United States 13,130  —  — 13,130
Total Common Stocks $1,015,688 $129,552,388(1) $ — $130,568,076
Rights $7,690 $ — $ — $7,690
Short-Term Investments:        
Affiliated Fund  — 37,825  — 37,825
Securities Lending Collateral 1,098,522  —  — 1,098,522
Total Investments $2,121,900 $129,590,213 $ — $131,712,113
    
(1) Includes foreign equity securities whose values were adjusted to reflect market trading of comparable securities or other correlated instruments that occurred after the close of trading in their applicable foreign markets.
Level 3 investments at the beginning and/or end of the period were valued at $0 and accordingly, a reconciliation of Level 3 assets for the fiscal year to date ended September 30, 2021 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.
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