Morningstar® Investment Profile™   Morningstar®
for Print
CVT Investment Grade Bd Idx 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
What is this?
As of 2024-04-30
Out of 430
Intermediate Core Bond Funds
Style Box™
What is this?
As of 2024-03-31
Total Fund Assets ($ Mil)
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
The investment seeks investment results that correspond to the total return performance of the bond market, as represented by the Bloomberg U.S. Aggregate Bond Index.
Under normal circumstances, the fund will invest at least 80% of its net assets in investments with economic characteristics similar to the fixed-income securities represented in the index. The index is primarily composed of: obligations issued or guaranteed by the U.S. government or its agencies or instrumentalities; Corporate securities, mortgage-backed pass-through securities, asset-backed securities and commercial mortgage-backed securities.
  Morningstar Category: Intermediate Core Bond
Intermediate-term core bond portfolios invest primarily in investment-grade U.S. fixed-income issues including government, corporate, and securitized debt, and hold less than 5% in below-investment-grade exposures. Their durations (a measure of interest-rate sensitivity) typically range between 75% and 125% of the three-year average of the effective duration of the Morningstar Core Bond Index. 
  Investment Risks
There are no additional fund specific investment risks (e.g. liquidity risk, currency risk, foreign investment risk, etc.) associated with this fund beyond the normal risks generally associated with investing in a mutual fund.
  Portfolio Profile
Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 0.0
Bullet Non-U.S. Stocks Non-U.S. Stocks 0.0
Bullet Bonds Bonds 99.0
Bullet Cash Cash 1.0
Bullet Other Other 0.0
Asset Allocation Rescaled Graph
Data through 2024-03-31
Morningstar Fixed-Income Sectors
% Fund
Government 43.78
Corporate 26.53
Securitized 27.85
Municipal 0.83
Cash & Equivalents 1.00
Derivative 0.00
Data through 2024-03-31
Credit Analysis
% Bonds
AAA 66.59
AA 6.76
A 8.09
BBB 15.41
BB 0.00
B 0.00
Below B 0.00
Not Rated 3.15
Data through 2024-03-31
Credit Analysis Graph
Holding Status
Total Number of Stock Holdings 0
Total Number of Bond Holdings 306
% of Net Assets in Top 10 Holdings 16.16
Turnover % (as of 2023-12-31) 11.00
30 Day SEC Yield % 4.29
Top Holdings
% of Net
United States Treasury Notes 2.125% 2024-09-30 2,750 2,708 2.33
United States Treasury Notes 2.25% 2027-11-15 2,850 2,652 2.29
United States Treasury Notes 2.25% 2027-02-15 2,400 2,260 1.95
United States Treasury Notes 2.25% 2024-11-15 2,000 1,964 1.69
United States Treasury Notes 0.375% 2025-11-30 2,000 1,861 1.60
United States Treasury Notes 1.25% 2028-04-30 1,950 1,729 1.49
United States Treasury Notes 2% 2025-02-15 1,500 1,460 1.26
United States Treasury Notes 1.875% 2026-07-31 1,500 1,412 1.22
United States Treasury Notes 0.375% 2026-01-31 1,500 1,387 1.20
United States Treasury Bonds 3.125% 2044-08-15 1,600 1,311 1.13
Data through 2024-03-31
  Principal Risks   
Lending, Credit and Counterparty, Long-Term Outlook and Projections, Loss of Money, Not FDIC Insured, Index Correlation/Tracking Error, Interest Rate, Market/Market Volatility, ETF, Industry and Sector Investing, Mortgage-Backed and Asset-Backed Securities, Restricted/Illiquid Securities, U.S. Government Obligations, Derivatives, Shareholder Activity, Passive Management
Show Risk Definitions
  Other Information
Inception Date: 2003-03-31
Portfolio Manager(s)
K. Jessie Goodwin   (2023-05-01)
Investment Advisor(s)
Calvert Research and Management
Calvert Research and Management
Ameritas Investment Partners, Inc
Show Data Definitions

© Copyright 2024 Morningstar, Inc.
All rights reserved. Morningstar, the Morningstar logo,, Morningstar Tools are either trademark or service marks of Morningstar, Inc. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or any losses arising from any use of information. Past performance is no guarantee of future performance.
Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.