During the fiscal year to date ended
March 31, 2022, the Fund used futures contracts to provide equity market exposure for uncommitted cash balances.
At March 31, 2022, the Fund had
sufficient cash and/or securities to cover commitments under open derivative contracts.
Affiliated Investments
At March 31, 2022, the value of the
Fund’s investment in affiliated funds was $10,453,856, which represents 1.6% of the Fund’s net assets. Transactions in affiliated funds by the Fund for the fiscal year to date ended March 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
| Units,
end of
period
|
| Short-Term Investments
|
|
|
|
|
|
|
| Calvert Cash Reserves Fund, LLC
| $17,905,958
| $14,220,999
| $(21,672,396)
| $(656)
| $(49)
| $10,453,856
| $2,413
| 10,454,902
|
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 March 31, 2022, based on the inputs used to value them:
| Asset Description
| Level 1
| Level 2
| Level 3
| Total
|
| Common Stocks
| $619,302,570(1)
| $ —
| $ —
| $619,302,570
|
| Exchange-Traded Funds
| 4,168,825
| —
| —
| 4,168,825
|
| Short-Term Investments:
|
|
|
|
|
| Affiliated Fund
| —
| 10,453,856
| —
| 10,453,856
|
| Securities Lending Collateral
| 2,284,875
| —
| —
| 2,284,875
|
| U.S. Treasury Obligations
| —
| 1,977,517
| —
| 1,977,517
|
| Total Investments
| $625,756,270
| $12,431,373
| $ —
| $638,187,643
|
| Futures Contracts
| $411,660
| $ —
| $ —
| $411,660
|
| Total
| $626,167,930
| $12,431,373
| $ —
| $638,599,303
|
| (1)
| The level classification by major category of investments is the same as the category presentation in the Schedule of Investments.
|
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.