Calvert High Yield Fund Manager Performance Evaluation

CYBAX Fund  USD 24.84  0.04  0.16%   
The fund has a beta of -0.0098, which means relatively modest fluctuations relative to the market. As returns on the market increase, returns on CALVERT HIGH tend to move in the opposite direction, though by a smaller magnitude. During a bear market, however, CALVERT HIGH is likely to outperform the market.
Risk-Adjusted Performance
Weak
 
Weak
 
Strong
Calvert High Yield has delivered negative risk-adjusted returns across the last 90 days, suggesting that volatility was not compensated by return. Market capitalization should still be reviewed beside liquidity, leverage, and earnings quality. Despite somewhat strong basic indicators, CALVERT HIGH is not utilizing all of its potential. The current price disturbance may contribute to short-term losses for investors. Learn More
Expense Ratio Date1st of February 2026
Expense Ratio1.0200
  

Relative Risk vs. Return Landscape

If you had invested $ 2,485 in Calvert High Yield on December 19, 2025 and sold it today you would have lost $ 1.00 from holding Calvert High Yield or given up 0.04% of portfolio value over 90 days. Calvert High Yield is currently producing negative expected returns and carries 0.1556% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than CALVERT, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
This relative risk-return summary reviews how the instrument behaves against its benchmark. It highlights whether the current reward profile compensates for the level of uncertainty assumed. Assuming a 90-day horizon CALVERT HIGH is expected to generate 0.19 times more return on investment than the market. However, the fund is 5.31 times less risky than the market. It trades about 0.0 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly -0.08 per unit of risk.

Historical Prices of Calvert High Yield

Below is the normalized historical share price chart for Calvert High Yield extending back to July 09, 2001. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of CALVERT HIGH stands at 24.84, as last reported on the 19th of March, with the highest price reaching 24.84 and the lowest price hitting 24.84 during the day.
Macro event markers
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes

Target Price Odds to finish over Current Price

The tendency of CALVERT Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of organized markets for forecasting. However, many studies suggest that some traded funds are consistently mispriced before demand and supply correct the spread. One possible explanation is that these funds carry additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds moving above the current price in 90 days
24.84 90 days 24.84
about 91.94
Based on a normal probability distribution, the odds of CALVERT HIGH moving above the current price in 90 days from now are about 91.94 (This Calvert High Yield probability density function shows the probability of CALVERT Mutual Fund falling within a particular range of prices over 90 days).
Assuming a 90-day horizon Calvert High Yield has a beta of -0.0098 suggesting that as returns on the benchmark increase, returns on CALVERT HIGH tend to move in the opposite direction, though by a smaller magnitude. During a bear market, however, Calvert High Yield is likely to outperform the market. Additionally, Calvert High Yield has a negative alpha, implying that the risk taken by holding this instrument is not justified. The fund is significantly underperforming the Dow Jones Industrial.
   CALVERT HIGH Price Density   
       Price  

Predictive Modules for CALVERT HIGH

There are currently many different techniques concerning forecasting the fund market as a whole, as well as predicting future values of individual instruments such as Calvert High Yield. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CALVERT HIGH's price to converge to an average value over time is called mean reversion.
Hype
Prediction
LowEstimatedHigh
24.6824.8425.00
Details
Intrinsic
Valuation
LowRealHigh
24.7024.8625.02
Details
Naive
Forecast
LowNextHigh
24.6024.7524.91
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
24.7924.9725.15
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as CALVERT HIGH. Your research has to be compared to or analyzed against CALVERT HIGH's peers to derive any actionable benefits.

Primary Risk Indicators

The last 10-20 years have been a volatile period for the mutual fund market. CALVERT HIGH is no exception. The market experienced several large corrections towards CALVERT HIGH's value, including sharp drops and substantial rallies. An investor can limit portfolio swings by implementing a hedging strategy designed to reduce downside losses. If you hold Calvert High Yield, one way to protect your portfolio is to watch for changing volatility and market elasticity of CALVERT HIGH within the framework of fundamental risk indicators.
α
Alpha over Dow Jones
-0.0089
β
Beta against Dow Jones-0.0098
σ
Overall volatility
0.09
Ir
Information ratio 0.52

Investor Alerts and Insights

Automated alerts tied to CALVERT HIGH help investors stay ahead of material changes in fund conditions. Monitoring ongoing notifications for Calvert High Yield is a practical way to spot shifts in technical or fundamental signals that may affect investment timing.
Calvert High Yield generated a negative expected return over the last 90 days
Latest headline from news.google.com: Here are the five companies that 9 trillion of funds agree on right now - Market Watch
The fund holds about 13.33% of its assets under management (AUM) in fixed income securities

CALVERT HIGH Fundamentals Growth

CALVERT Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of CALVERT HIGH, and CALVERT HIGH fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on CALVERT Mutual Fund performance.

Performance Metrics & Calculation Methodology

CALVERT HIGH performance is typically evaluated through NAV-based returns relative to category peers and stated objectives. Risk-adjusted measures provide context for return efficiency across regimes.

Unless otherwise specified, data for Calvert High Yield is compiled from fund disclosures and market reference feeds and standardized for comparability. Updates may occur throughout the day. Return and risk statistics are calculated from historical price series.

This content is curated and reviewed by:

Ellen Johnson - Member of Macroaxis Editorial Board
Last reviewed on March 18th, 2026