CMMIX Fees and Costs — Calvert Mortgage Access Fund, Class I
Data updated: 2026-08-27
The net expense ratio is 1.51%: a 0.40% management fee plus 1.23% other expenses, less a 0.12% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 311%.
CMMIX Fees and Expenses
Annual operating expenses and sales charges of CMMIX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.23% |
| Gross expense ratio | 1.63% |
| Fee waiver | −0.12% |
| Net expense ratio | 1.51% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
CMMIX Costs Over Time
On $10,000 invested in CMMIX, assuming 5% a year before costs, total costs come to $935 over 5 years, cutting the return by 1.59% 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 |
| Fund expenses (net expense ratio 1.51%) | $159 | $492 | $849 |
| Lost growth on money paid in costs | $0 | $24 | $86 |
| Total costs | $159 | $517 | $935 |
| Value after costs | $10,341 | $11,060 | $11,828 |
| Impact on return, per year | 1.59% | 1.59% | 1.59% |
CMMIX 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $981.3M
- Portfolio turnover (prospectus): 311%
- Securities lending: none during the year
CMMIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $207.8M | 22.04% |
| J.P. Morgan Securities LLC | $170.0M | 18.03% |
| Goldman Sachs & Co. LLC | $161.1M | 17.08% |
| State Street Global Markets, LLC | $131.7M | 13.97% |
| Federal Reserve Bank of New York | $74.6M | 7.91% |
| BMO Capital Markets Corp. | $54.8M | 5.81% |
| MUFG Securities Americas Inc. | $46.7M | 4.96% |
| Mizuho Securities USA LLC | $41.7M | 4.42% |
| Barclays Capital Inc. | $39.9M | 4.23% |
| TD Securities (USA) LLC | $14.6M | 1.55% |
Calvert Mortgage Access Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| CMMIX | Class I | 1.51% | none |
| CMMRX | Class R6 | 1.51% | none |
| CMMAX | Class A | 1.76% | 3.25% |
| CMMCX | Class C | 2.51% | 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.