Morningstar® Investment Profile™   Morningstar®
Disclosure
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for Print
CVT Nasdaq 100 Index I
Release date as of 2024-04-30. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2024-04-30
Out of 1109
Large Growth Funds
Morningstar®
Style Box™
What is this?
As of 2024-03-31
Total Fund Assets ($ Mil)
394.91
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
The investment seeks investment results that correspond to the investment performance of U.S. common stocks, as represented by the NASDAQ 100 Index.
Under normal circumstances, the fund will invest at least 80% of its net assets in investments with economic characteristics similar to the stocks represented in the index. It will invest primarily in common stocks of the companies that compose the index. The index is an unmanaged index comprising common stocks of the 100 largest domestic and international non-financial companies on the broader NASDAQ Composite Index based on market capitalization. The fund is non-diversified.
  Morningstar Category: Large Growth
Large-growth portfolios invest primarily in big U.S. companies that are projected to grow faster than other large-cap stocks. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap. Growth is defined based on fast growth (high growth rates for earnings, sales, book value, and cash flow) and high valuations (high price ratios and low dividend yields). Most of these portfolios focus on companies in rapidly expanding industries. 
  Investment Risks
Non-Diversified Funds: Funds that invest more of their assets in a single issuer involve additional risks, including share price fluctuations, because of the increased concentration of investments.
  Portfolio Profile
Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 94.6
Bullet Non-U.S. Stocks Non-U.S. Stocks 2.6
Bullet Bonds Bonds 0.2
Bullet Cash Cash 2.5
Bullet Other Other 0.0
Asset Allocation Rescaled Graph
Data through 2024-03-31
Morningstar Equity Sectors
% of Stocks
Cyclical 15.04
Basic Materials 1.62
Consumer Cyclical 12.61
Financial Services 0.52
Real Estate 0.29
Sensitive 71.02
Communication Services 15.59
Energy 0.50
Industrials 4.84
Technology 50.09
Defensive 13.95
Consumer Defensive 6.29
Healthcare 6.42
Utilities 1.24
Data through 2024-03-31
Holding Status
Total Number of Stock Holdings 101
Total Number of Bond Holdings 1
% of Net Assets in Top 10 Holdings 45.06
Turnover % (as of 2023-12-31) 21.00
30 Day SEC Yield % 0.00
Top Holdings
Sector P/E % of Net
Assets
Microsoft Corp 33.74 8.47
Apple Inc 26.49 7.17
NVIDIA Corp 72.42 6.12
Amazon.com Inc 49.02 5.08
Meta Platforms Inc Class A 24.75 4.60
Broadcom Inc 48.32 4.30
Alphabet Inc Class A 24.97 2.41
Alphabet Inc Class C 25.25 2.34
Tesla Inc 46.87 2.30
Costco Wholesale Corp 47.31 2.27
Data through 2024-03-31
  Principal Risks   
Lending, Foreign Securities, Long-Term Outlook and Projections, Loss of Money, Not FDIC Insured, Nondiversification, Index Correlation/Tracking Error, Issuer, Market/Market Volatility, Equity Securities, ETF, Industry and Sector Investing, Restricted/Illiquid Securities, Derivatives, Shareholder Activity, Passive Management, Technology Sector
Show Risk Definitions
  Other Information
Inception Date: 2000-04-27
Portfolio Manager(s)
Kevin L. Keene   (2008-11-30)
Kevin L. Keene, CFA May 2014 -present: Portfolio Manager, Ameritas Investment Partners, Inc. April 2013-April 2014: Assistant Portfolio Manager, Ameritas Investment Partners, Inc. 2011-2013: Senior Analyst, Ameritas Investment Partners, Inc. 2008-2011: Equity Index and Derivatives Analyst, Ameritas Investment Partners, Inc.
Investment Advisor(s)
Calvert Research and Management
Issuer
Calvert Research and Management
Subadvisor(s)
Ameritas Investment Partners, Inc
Show Data Definitions

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