CTTIX Fees and Costs — Calvert Responsible Municipal Income Fund, Class I
Data updated: 2026-08-24
The net expense ratio is 0.50%: a 0.47% management fee plus 0.18% other expenses, less a 0.15% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 39%.
CTTIX Fees and Expenses
Annual operating expenses and sales charges of CTTIX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.47% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.18% |
| Gross expense ratio | 0.65% |
| Fee waiver | −0.15% |
| Net expense ratio | 0.50% |
| 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 |
CTTIX Costs Over Time
On $10,000 invested in CTTIX, assuming 5% a year before costs, total costs come to $316 over 5 years, cutting the return by 0.52% 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 0.50%) | $52 | $165 | $287 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $52 | $173 | $316 |
| Value after costs | $10,448 | $11,403 | $12,447 |
| Impact on return, per year | 0.52% | 0.52% | 0.52% |
CTTIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $383.3M
- Portfolio turnover (prospectus): 39%
- Securities lending: none during the year
CTTIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Global Markets, LLC | $68.9M | 22.97% |
| BofA Securities, Inc. | $42.1M | 14.02% |
| Piper Sandler & Co. | $38.6M | 12.88% |
| J.P. Morgan Securities LLC | $38.3M | 12.78% |
| BNY Capital Markets, LLC | $26.4M | 8.79% |
| RBC Capital Markets, LLC | $25.7M | 8.55% |
| Stifel, Nicolaus & Company, Incorporated | $17.1M | 5.71% |
| Tradeweb Direct LLC | $16.9M | 5.62% |
| Jefferies LLC | $16.9M | 5.62% |
| The GMS Group, L.L.C. | $9.1M | 3.05% |
Calvert Responsible Municipal Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| CTTIX | Class I | 0.50% | none |
| CTTLX | Class A | 0.75% | 3.25% |
| CTTCX | Class C | 1.50% | 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.