CFWCX Fees and Costs — Calvert Global Water Fund, Class C
Data updated: 2026-08-27
The net expense ratio is 1.99%: a 0.84% management fee, a 1.00% 12b-1 fee plus 0.20% other expenses, less a 0.05% fee waiver. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2025 the fund paid $108K in broker commissions, 0.0197% of average net assets, and portfolio turnover was 24%.
CFWCX Fees and Expenses
Annual operating expenses and sales charges of CFWCX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.84% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.20% |
| Gross expense ratio | 2.04% |
| Fee waiver | −0.05% |
| Net expense ratio | 1.99% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
CFWCX Costs Over Time
On $10,000 invested in CFWCX, assuming 5% a year before costs, total costs come to $1,232 over 5 years, cutting the return by 2.11% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $103 | $0 | $0 |
| Fund expenses (net expense ratio 1.99%) | $209 | $645 | $1,107 |
| Trading costs (broker commissions) | $2 | $6 | $11 |
| Lost growth on money paid in costs | $0 | $32 | $114 |
| Total costs | $314 | $684 | $1,232 |
| Value after costs | $10,186 | $10,892 | $11,531 |
| Impact on return, per year | 3.14% | 2.11% | 2.11% |
CFWCX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0197%
- Total broker commissions: $108K
- Bought from dealers (principal trades, not a cost): $81.3M
- Portfolio turnover (prospectus): 24%
- Securities on loan, average value: $27.8M
- Net income from securities lending: $74K (0.014% of average net assets)
CFWCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $40K | 38.90% |
| HSBC Securities (USA) Inc. | $31K | 29.84% |
| Macquarie Capital (USA) Inc. | $18K | 17.41% |
| UBS Securities LLC | $4K | 3.38% |
| J.P. Morgan Securities LLC | $3K | 3.34% |
| Nomura Securities International, Inc. | $2K | 2.18% |
| Daiwa Capital Markets America Inc. | $2K | 1.59% |
| BTG Pactual Peru S.A.C. | $1K | 1.28% |
| BofA Securities, Inc. | $1K | 1.13% |
| BNY Capital Markets, LLC | $989 | 0.95% |
CFWCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Global Markets, LLC | $81.3M | 100.00% |
Calvert Global Water Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| CFWIX | Class I | 0.99% | none |
| CFWAX | Class A | 1.24% | 5.25% |
| CFWCX | Class C | 1.99% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.