CULIX Fees and Costs — Calvert Ultra-Short Duration Income Fund, Class I
Data updated: 2026-08-27
The net expense ratio is 0.47%: a 0.38% management fee plus 0.16% other expenses, less a 0.07% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 127%.
CULIX Fees and Expenses
Annual operating expenses and sales charges of CULIX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.38% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.54% |
| Fee waiver | −0.07% |
| Net expense ratio | 0.47% |
| 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 |
CULIX Costs Over Time
On $10,000 invested in CULIX, assuming 5% a year before costs, total costs come to $297 over 5 years, cutting the return by 0.49% 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 0.47%) | $49 | $155 | $270 |
| Lost growth on money paid in costs | $0 | $8 | $27 |
| Total costs | $49 | $162 | $297 |
| Value after costs | $10,451 | $11,414 | $12,466 |
| Impact on return, per year | 0.49% | 0.49% | 0.49% |
CULIX 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): $3.2B
- Portfolio turnover (prospectus): 127%
- Securities on loan, average value: $3.4M
- Net income from securities lending: $12K (0.002% of average net assets)
CULIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Global Markets, LLC | $1.3B | 45.13% |
| Citigroup Global Markets Inc. | $259.0M | 9.15% |
| RBC Capital Markets, LLC | $213.2M | 7.53% |
| BofA Securities, Inc. | $193.1M | 6.82% |
| Goldman Sachs & Co. LLC | $192.2M | 6.79% |
| Wells Fargo Securities, LLC | $152.6M | 5.39% |
| BNP Paribas Securities Corp. | $146.3M | 5.17% |
| J.P. Morgan Securities LLC | $145.1M | 5.13% |
| Nomura Securities International, Inc. | $142.3M | 5.03% |
| BMO Capital Markets Corp. | $109.6M | 3.87% |
Calvert Ultra-Short Duration 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 |
|---|---|---|---|
| CULRX | Class R6 | 0.43% | none |
| CULIX | Class I | 0.47% | none |
| CULAX | Class A | 0.72% | 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.