Fund Evaluator:

Calvert US Large Cap Growth Rspnb Idx I Overview

Calvert US Large Cap Growth Rspnb Idx I (CGJIX) is a passively managed U.S. Equity Large Growth fund. Calvert Research and Management launched the fund in 2015.

The investment seeks to track the performance of the Calvert U.S. Large-Cap Growth Responsible Index, which measures the investment return of large-capitalization stocks. The fund invests in the common stock of each company in the index in approximately the same proportion as represented in the index itself. The fund will normally invest at least 95% of its net assets, including borrowings for investment purposes, in securities contained in the index. The index is composed of the common stocks of large growth companies that operate their businesses in a manner consistent with The Calvert Principles for Responsible Investment (the “Calvert Principles”).

About Calvert US Large Cap Growth Rspnb Idx I (CGJIX)

There are 2 members of the management team with an average tenure of 2.17 years: Gordon Wotherspoon (2024), Jennifer Mihara (2024). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and Calvert US LC Growth Responsible TR USD index with a weighting of 100%. Calvert US Large Cap Growth Rspnb Idx I has 552 securities in its portfolio. The top 10 holdings constitute 43.9% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is considered to have an ESG focus with its investment selection and management.

Calvert US Large Cap Growth Rspnb Idx I is part of the Equity global asset class and is within the U.S. Equity fund group. Calvert US Large Cap Growth Rspnb Idx I has 0.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 99.4%. There is 0.4% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Calvert US Large Cap Growth Rspnb Idx I has 0.2% of the portfolio in cash.

Assets Under Management

The fund has $665 million in total assets, which is below the $2 billion average for the Large Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

CGJIX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Calvert US Large Cap Growth Rspnb Idx I expense ratio is below average compared to funds in the Large Growth category. Calvert US Large Cap Growth Rspnb Idx I has an expense ratio of 0.24%, which is 75% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Calvert US Large Cap Growth Rspnb Idx I has a portfolio turnover rate of 30%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 55% for the Large Growth category.

Recently, in the month of August 2026, Calvert US Large Cap Growth Rspnb Idx I returned 2.7%, which earned it a grade of D, as the Large Growth category had an average return of 3.3%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

Calvert US Large Cap Growth Rspnb Idx I has a trailing yield of 0.40%, which is above the 0.06% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Calvert US Large Cap Growth Rspnb Idx I Grades

Year to date, the fund has returned 11.0%, 3.8 percentage points better than the category, which translates into a grade of B. The fund has returned 17.4% over the past year (grade of A), 20.1% over the past three years (grade of C) and 11.3% per year over the past five years (grade of B) and 17.3% per year over the past 10 years (grade of A).

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