CVMCX Fees and Costs — Calvert Emerging Markets Equity Fund, Class C
Data updated: 2026-08-27
The net expense ratio is 1.99%: a 0.85% management fee, a 1.00% 12b-1 fee plus 0.24% other expenses, less a 0.10% fee waiver. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2025 the fund paid $1.5M in broker commissions, 0.1152% of average net assets, and portfolio turnover was 67%.
CVMCX Fees and Expenses
Annual operating expenses and sales charges of CVMCX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.24% |
| Gross expense ratio | 2.09% |
| Fee waiver | −0.10% |
| 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 |
CVMCX Costs Over Time
On $10,000 invested in CVMCX, assuming 5% a year before costs, total costs come to $1,288 over 5 years, cutting the return by 2.21% 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 | $644 | $1,105 |
| Trading costs (broker commissions) | $12 | $37 | $64 |
| Lost growth on money paid in costs | $0 | $34 | $119 |
| Total costs | $324 | $716 | $1,288 |
| Value after costs | $10,176 | $10,860 | $11,475 |
| Impact on return, per year | 3.24% | 2.21% | 2.21% |
CVMCX 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): 0.1152%
- Total broker commissions: $1.5M
- Bought from dealers (principal trades, not a cost): $656.8M
- Portfolio turnover (prospectus): 67%
- Securities on loan, average value: $13.7M
- Net income from securities lending: $55K (0.004% of average net assets)
CVMCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $485K | 40.43% |
| Citigroup Global Markets Inc. | $127K | 10.61% |
| Jefferies LLC | $116K | 9.65% |
| UBS Securities LLC | $114K | 9.50% |
| HSBC Securities (USA) Inc. | $102K | 8.51% |
| Goldman Sachs & Co. LLC | $92K | 7.71% |
| BofA Securities, Inc. | $74K | 6.14% |
| Macquarie Capital (USA) Inc. | $35K | 2.88% |
| Nomura Securities International, Inc. | $34K | 2.82% |
| Itau International Securities Inc. | $21K | 1.75% |
CVMCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Global Markets, LLC | $656.8M | 100.00% |
| J.P. Morgan Securities LLC | $17K | 0.00% |
Calvert Emerging Markets Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| CVMRX | Class R6 | 0.92% | none |
| CVMIX | Class I | 0.99% | none |
| CVMAX | Class A | 1.24% | 5.25% |
| CVMCX | 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.