NPORT-P
    false
    
      
      
        
          0000708950
          XXXXXXXX
        
      
      
      
      
        S000008732
        C000023790
      
      
      
    
  
  
    
      CALVERT VARIABLE SERIES INC
      811-03591
      0000708950
      549300PYSF1HUAZ9Z349
      1825 Connecticut Avenue NW,
      Suite 400
      Washington
      
      20009
      202-238-2200
      Calvert VP SRI Mid Cap Portfolio
      S000008732
      549300CV2J0WT782FQ20
      2022-12-31
      2022-03-31
      N
    
    
      32581658.85
      63636.43
      32518022.42
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      N
      
        
          
        
        
        
        
      
      
      
      
      
    
    
      
        FMC Corp
        CKDHZ2X64EEBQCSP7013
        FMC Corp
        302491303
        
          
        
        3099.00000000
        NS
        USD
        407735.43000000
        1.253875234888
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Assurant Inc
        H3F39CAXWQRVWURFXL38
        Assurant Inc
        04621X108
        
          
        
        4093.00000000
        NS
        USD
        744230.19000000
        2.288669896304
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        AZEK Co Inc/The
        N/A
        AZEK Co Inc/The
        05478C105
        
          
        
        10797.00000000
        NS
        USD
        268197.48000000
        0.824765653138
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        AMETEK Inc
        549300WZDEF9KKE40E98
        AMETEK Inc
        031100100
        
          
        
        4360.00000000
        NS
        USD
        580664.80000000
        1.785670704387
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        PerkinElmer Inc
        549300IKL1SDPFI7N655
        PerkinElmer Inc
        714046109
        
          
        
        2189.00000000
        NS
        USD
        381892.94000000
        1.174403950730
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CALVERT CASH RESERVES FUND
        N/A
        CALVERT CASH RESERVES FUND CALVERT CASH RESERVES FUND
        000000000
        
          
        
        314228.10800000
        NS
        USD
        314196.69000000
        0.966223240582
        Long
        EC
        RF
        US
        N
        
        2
        
          N
          N
          N
        
      
      
        Colfax Corp
        635400OP2DYYYMOIYL17
        Colfax Corp
        194014106
        
          
        
        10011.00000000
        NS
        USD
        398337.69000000
        1.224975137956
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Tradeweb Markets Inc
        N/A
        Tradeweb Markets Inc
        892672106
        
          
        
        7988.00000000
        NS
        USD
        701905.56000000
        2.158512442528
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Teradyne Inc
        C3X4YJ278QNZHRJULN75
        Teradyne Inc
        880770102
        
          
        
        3644.00000000
        NS
        USD
        430830.12000000
        1.324896435691
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Agilent Technologies Inc
        QUIX8Y7A2WP0XRMW7G29
        Agilent Technologies Inc
        00846U101
        
          
        
        3869.00000000
        NS
        USD
        511984.77000000
        1.574464656513
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Black Knight Inc
        549300TUSNXS3BFFML48
        Black Knight Inc
        09215C105
        
          
        
        6978.00000000
        NS
        USD
        404654.22000000
        1.244399843180
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Xcel Energy Inc
        LGJNMI9GH8XIDG5RCM61
        Xcel Energy Inc
        98389B100
        
          
        
        11218.00000000
        NS
        USD
        809603.06000000
        2.489705707017
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        NextEra Energy Partners LP
        5493008F4ZOQFNG3WN54
        NextEra Energy Partners LP
        65341B106
        
          
        
        7171.00000000
        NS
        USD
        597774.56000000
        1.838286942173
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Bill.com Holdings Inc
        549300IBF9VZZIGOZW63
        Bill.com Holdings Inc
        090043100
        
          
        
        1869.00000000
        NS
        USD
        423870.51000000
        1.303494119431
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Tetra Tech Inc
        549300UJ1LP7JGJC5P32
        Tetra Tech Inc
        88162G103
        
          
        
        2914.00000000
        NS
        USD
        480635.16000000
        1.478057779136
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Baker Hughes Co
        N/A
        Baker Hughes Co
        05722G100
        
          
        
        32965.00000000
        NS
        USD
        1200255.65000000
        3.691047488981
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Raymond James Financial Inc
        RGUZHJ05YTITL6D76949
        Raymond James Financial Inc
        754730109
        
          
        
        3667.00000000
        NS
        USD
        403039.97000000
        1.239435672915
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BJ's Wholesale Club Holdings Inc
        549300UCIWH1C93V0J03
        BJ's Wholesale Club Holdings Inc
        05550J101
        
          
        
        6978.00000000
        NS
        USD
        471782.58000000
        1.450834167916
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Packaging Corp of America
        549300XZP8MFZFY8TJ84
        Packaging Corp of America
        695156109
        
          
        
        2918.00000000
        NS
        USD
        455528.98000000
        1.400850808565
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        KeyCorp
        RKPI3RZGV1V1FJTH5T61
        KeyCorp
        493267108
        
          
        
        22960.00000000
        NS
        USD
        513844.80000000
        1.580184653799
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Sempra Energy
        PBBKGKLRK5S5C0Y4T545
        Sempra Energy
        816851109
        
          
        
        3565.00000000
        NS
        USD
        599347.80000000
        1.843124997759
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Lamar Advertising Co
        529900Y8WW4MKVPTB543
        Lamar Advertising Co
        512816109
        
          
        
        6359.00000000
        NS
        USD
        738788.62000000
        2.271935883609
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Stanley Black & Decker Inc
        549300DJ09SMTO561131
        Stanley Black & Decker Inc
        854502101
        
          
        
        2125.00000000
        NS
        USD
        297053.75000000
        0.913504967071
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        R1 RCM Inc
        549300VKOMJ3EM506212
        R1 RCM Inc
        749397105
        
          
        
        25431.00000000
        NS
        USD
        680533.56000000
        2.092788888605
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Steel Dynamics Inc
        549300HGGKEL4FYTTQ83
        Steel Dynamics Inc
        858119100
        
          
        
        5306.00000000
        NS
        USD
        442679.58000000
        1.361336105506
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Hershey Co/The
        21X2CX66SU2BR6QTAD08
        Hershey Co/The
        427866108
        
          
        
        2351.00000000
        NS
        USD
        509297.13000000
        1.566199578258
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Cargurus Inc
        54930027BKQN6B7X7G78
        Cargurus Inc
        141788109
        
          
        
        11907.00000000
        NS
        USD
        505571.22000000
        1.554741593661
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Booz Allen Hamilton Holding Corp
        529900JPV47PIUWMA015
        Booz Allen Hamilton Holding Corp
        099502106
        
          
        
        4752.00000000
        NS
        USD
        417415.68000000
        1.283644111590
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Entegris Inc
        IYX6OWO7BT5DKO3BYG52
        Entegris Inc
        29362U104
        
          
        
        2313.00000000
        NS
        USD
        303604.38000000
        0.933649580772
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Bright Horizons Family Solutions Inc
        N/A
        Bright Horizons Family Solutions Inc
        109194100
        
          
        
        2788.00000000
        NS
        USD
        369939.72000000
        1.137645196321
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        AptarGroup Inc
        VNPEQDQFAA7IY1T2PX43
        AptarGroup Inc
        038336103
        
          
        
        2813.00000000
        NS
        USD
        330527.50000000
        1.016444037496
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Envista Holdings Corp
        549300BX623VURJZ5269
        Envista Holdings Corp
        29415F104
        
          
        
        9685.00000000
        NS
        USD
        471756.35000000
        1.450753504954
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        F5 Inc
        54930015FPK9KT966303
        F5 Inc
        315616102
        
          
        
        1719.00000000
        NS
        USD
        359185.05000000
        1.104572244156
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Ross Stores Inc
        549300ENZFLPGRDFZQ60
        Ross Stores Inc
        778296103
        
          
        
        6681.00000000
        NS
        USD
        604363.26000000
        1.858548629415
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Bath & Body Works Inc
        GR3KVMWVCR54YWQNXU90
        Bath & Body Works Inc
        070830104
        
          
        
        9554.00000000
        NS
        USD
        456681.20000000
        1.404394135970
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        WEX Inc
        T9M5IGROL1TL1G5OV478
        WEX Inc
        96208T104
        
          
        
        3863.00000000
        NS
        USD
        689352.35000000
        2.119908588217
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Allstate Corp/The
        OBT0W1ED8G0NWVOLOJ77
        Allstate Corp/The
        020002101
        
          
        
        2515.00000000
        NS
        USD
        348352.65000000
        1.071260255315
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        TE Connectivity Ltd
        894500ZRIX9K13RHXR17
        TE Connectivity Ltd
        000000000
        
          
        
        3160.00000000
        NS
        USD
        413896.80000000
        1.272822789326
        Long
        EC
        CORP
        CH
        N
        
        1
        
          N
          N
          N
        
      
      
        LHC Group Inc
        5299009NPLWAMRQYZX73
        LHC Group Inc
        50187A107
        
          
        
        2244.00000000
        NS
        USD
        378338.40000000
        1.163472966201
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Euronet Worldwide Inc
        YG3575C4DSHJPA5KET68
        Euronet Worldwide Inc
        298736109
        
          
        
        2675.00000000
        NS
        USD
        348151.25000000
        1.070640906458
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Ulta Beauty Inc
        529900CIV6HN8M28YM82
        Ulta Beauty Inc
        90384S303
        
          
        
        1030.00000000
        NS
        USD
        410166.60000000
        1.261351612045
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Neurocrine Biosciences Inc
        549300FECER0XBN49756
        Neurocrine Biosciences Inc
        64125C109
        
          
        
        2894.00000000
        NS
        USD
        271312.50000000
        0.834345017958
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ON Semiconductor Corp
        ZV20P4CNJVT8V1ZGJ064
        ON Semiconductor Corp
        682189105
        
          
        
        3965.00000000
        NS
        USD
        248248.65000000
        0.763418656871
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Avantor Inc
        N/A
        Avantor Inc
        05352A100
        
          
        
        10682.00000000
        NS
        USD
        361265.24000000
        1.110969281384
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Electronic Arts Inc
        549300O7A67PUEYKDL45
        Electronic Arts Inc
        285512109
        
          
        
        4781.00000000
        NS
        USD
        604844.31000000
        1.860027962918
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Verisk Analytics Inc
        549300I1YSWNIRKBWP67
        Verisk Analytics Inc
        92345Y106
        
          
        
        3206.00000000
        NS
        USD
        688103.78000000
        2.116068963581
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        EastGroup Properties Inc
        31TIGQQZC4P6JMHKSW85
        EastGroup Properties Inc
        277276101
        
          
        
        3228.00000000
        NS
        USD
        656187.84000000
        2.017920498130
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Commerce Bancshares Inc/MO
        N/A
        Commerce Bancshares Inc/MO
        200525103
        
          
        
        7032.00000000
        NS
        USD
        503420.88000000
        1.548128829908
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ANSYS Inc
        549300VJV8H15Z5FJ571
        ANSYS Inc
        03662Q105
        
          
        
        1432.00000000
        NS
        USD
        454874.80000000
        1.398839062612
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Teleflex Inc
        UUL85LWXB4NGSWWXIQ25
        Teleflex Inc
        879369106
        
          
        
        1531.00000000
        NS
        USD
        543244.73000000
        1.670595840618
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Mid-America Apartment Communities Inc
        549300FQZKFR5YNSHZ21
        Mid-America Apartment Communities Inc
        59522J103
        
          
        
        3510.00000000
        NS
        USD
        735169.50000000
        2.260806301516
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Travelers Cos Inc/The
        549300Y650407RU8B149
        Travelers Cos Inc/The
        89417E109
        
          
        
        3745.00000000
        NS
        USD
        684323.85000000
        2.104444855721
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Wyndham Hotels & Resorts Inc
        549300FE3MQ4RVXXC673
        Wyndham Hotels & Resorts Inc
        98311A105
        
          
        
        4131.00000000
        NS
        USD
        349854.39000000
        1.075878432831
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Performance Food Group Co
        549300EUK8GR9IT1YK57
        Performance Food Group Co
        71377A103
        
          
        
        8486.00000000
        NS
        USD
        432022.26000000
        1.328562525789
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Aptiv PLC
        N/A
        Aptiv PLC
        000000000
        
          
        
        4236.00000000
        NS
        USD
        507091.56000000
        1.559416970227
        Long
        EC
        CORP
        JE
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Coca-Cola Europacific Partners PLC
        549300LTH67W4GWMRF57
        Coca-Cola Europacific Partners PLC
        000000000
        
          
        
        7153.00000000
        NS
        USD
        347707.33000000
        1.069275755791
        Long
        EC
        CORP
        GB
        N
        
        1
        
          N
          N
          N
        
      
      
        Healthpeak Properties Inc
        PZ9HF5U52KPF0MH0QN75
        Healthpeak Properties Inc
        42250P103
        
          
        
        21248.00000000
        NS
        USD
        729443.84000000
        2.243198650208
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Broadridge Financial Solutions Inc
        549300KZDJZQ2YIHRC28
        Broadridge Financial Solutions Inc
        11133T103
        
          
        
        3731.00000000
        NS
        USD
        580954.01000000
        1.786560088114
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Morningstar Inc
        529900YGNQPOVAXQ7F29
        Morningstar Inc
        617700109
        
          
        
        2409.00000000
        NS
        USD
        658066.53000000
        2.023697878980
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Waters Corp
        5T547R1474YC9HOD8Q74
        Waters Corp
        941848103
        
          
        
        1390.00000000
        NS
        USD
        431442.10000000
        1.326778407455
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Westinghouse Air Brake Technologies Corp
        06BTX5UWZD0GQ5N5Y745
        Westinghouse Air Brake Technologies Corp
        929740108
        
          
        
        7064.00000000
        NS
        USD
        679344.88000000
        2.089133438760
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Terminix Global Holdings Inc
        549300GS10644JGL8R77
        Terminix Global Holdings Inc
        88087E100
        
          
        
        9351.00000000
        NS
        USD
        426686.13000000
        1.312152764054
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Motorola Solutions Inc
        6S552MUG6KGJVEBSEC55
        Motorola Solutions Inc
        620076307
        
          
        
        1989.00000000
        NS
        USD
        481735.80000000
        1.481442486809
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Fair Isaac Corp
        RI6HET5SJUEY30V1PS26
        Fair Isaac Corp
        303250104
        
          
        
        1264.00000000
        NS
        USD
        589605.44000000
        1.813165119282
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        GFL Environmental Inc
        549300FYK4MBXWIVZU26
        GFL Environmental Inc
        36168Q104
        
          
        
        12490.00000000
        NS
        
        406225.97000000
        1.249233316691
        Long
        EC
        CORP
        CA
        N
        
        1
        
          N
          N
          N
        
      
    
    
      
    
    
      2022-04-25
      CALVERT VARIABLE SERIES INC
      James Kirchner
      James Kirchner
      Treasurer
    
  
  XXXX




Calvert
VP SRI Mid Cap Portfolio
March 31, 2022
Schedule of Investments (Unaudited)

Common Stocks — 99.2%
    
Security Shares Value
Auto Components — 1.6%  
Aptiv PLC(1)     4,236 $   507,092
      $   507,092
Banks — 3.1%  
Commerce Bancshares, Inc.     7,032 $   503,421
KeyCorp    22,960    513,845
      $ 1,017,266
Beverages — 1.1%  
Coca-Cola Europacific Partners PLC     7,153 $   347,707
      $347,707
Biotechnology — 0.8%  
Neurocrine Biosciences, Inc.(1)   2,894 $271,312
      $271,312
Building Products — 0.8%  
AZEK Co., Inc. (The)(1)   10,797 $268,197
      $268,197
Capital Markets — 5.4%  
Morningstar, Inc.   2,409 $658,066
Raymond James Financial, Inc.   3,667 403,040
Tradeweb Markets, Inc., Class A   7,988 701,906
      $1,763,012
Chemicals — 1.2%  
FMC Corp.   3,099 $407,735
      $407,735
Commercial Services & Supplies — 2.7%  
GFL Environmental, Inc.   12,490 $406,226
Tetra Tech, Inc.   2,914 480,635
      $886,861
Communications Equipment — 2.6%  
F5, Inc.(1)   1,719 $359,185
Motorola Solutions, Inc.   1,989 481,736
      $840,921
Containers & Packaging — 2.4%  
AptarGroup, Inc.   2,813 $330,527
Packaging Corp. of America   2,918 455,529
      $786,056
Security Shares Value
Diversified Consumer Services — 2.4%  
Bright Horizons Family Solutions, Inc.(1)     2,788 $   369,940
Terminix Global Holdings, Inc.(1)     9,351    426,686
      $   796,626
Electric Utilities — 2.5%  
Xcel Energy, Inc.    11,218 $   809,603
      $   809,603
Electrical Equipment — 1.8%  
AMETEK, Inc.     4,360 $   580,665
      $580,665
Electronic Equipment, Instruments & Components — 1.3%  
TE Connectivity, Ltd.   3,160 $413,897
      $413,897
Energy Equipment & Services — 3.7%  
Baker Hughes Co.   32,965 $1,200,256
      $1,200,256
Entertainment — 1.9%  
Electronic Arts, Inc.   4,781 $604,844
      $604,844
Equity Real Estate Investment Trusts (REITs) — 8.8%  
EastGroup Properties, Inc.   3,228 $656,188
Healthpeak Properties, Inc.   21,248 729,444
Lamar Advertising Co., Class A   6,359 738,789
Mid-America Apartment Communities, Inc.   3,510 735,169
      $2,859,590
Food & Staples Retailing — 2.8%  
BJ's Wholesale Club Holdings, Inc.(1)   6,978 $471,783
Performance Food Group Co.(1)   8,486 432,022
      $903,805
Food Products — 1.6%  
Hershey Co. (The)   2,351 $509,297
      $509,297
Health Care Equipment & Supplies — 3.1%  
Envista Holdings Corp.(1)   9,685 $471,756
Teleflex, Inc.   1,531 543,245
      $1,015,001
 
1

 

Calvert
VP SRI Mid Cap Portfolio
March 31, 2022
Schedule of Investments (Unaudited) — continued

Security Shares Value
Health Care Providers & Services — 3.3%  
LHC Group, Inc.(1)     2,244 $   378,338
R1 RCM, Inc.(1)    25,431    680,534
      $ 1,058,872
Hotels, Restaurants & Leisure — 1.1%  
Wyndham Hotels & Resorts, Inc.     4,131 $   349,854
      $   349,854
Independent Power and Renewable Electricity Producers — 1.8%  
NextEra Energy Partners, L.P.     7,171 $   597,775
      $597,775
Insurance — 5.5%  
Allstate Corp. (The)   2,515 $348,353
Assurant, Inc.   4,093 744,230
Travelers Cos., Inc. (The)   3,745 684,324
      $1,776,907
Interactive Media & Services — 1.6%  
CarGurus, Inc.(1)   11,907 $505,571
      $505,571
IT Services — 5.0%  
Broadridge Financial Solutions, Inc.   3,731 $580,954
Euronet Worldwide, Inc.(1)   2,675 348,151
WEX, Inc.(1)   3,863 689,353
      $1,618,458
Life Sciences Tools & Services — 5.2%  
Agilent Technologies, Inc.   3,869 $511,985
Avantor, Inc.(1)   10,682 361,265
PerkinElmer, Inc.   2,189 381,893
Waters Corp.(1)   1,390 431,442
      $1,686,585
Machinery — 4.2%  
Colfax Corp.(1)   10,011 $398,337
Stanley Black & Decker, Inc.   2,125 297,054
Westinghouse Air Brake Technologies Corp.   7,064 679,345
      $1,374,736
Metals & Mining — 1.4%  
Steel Dynamics, Inc.   5,306 $442,680
      $442,680
Security Shares Value
Multi-Utilities — 1.8%  
Sempra Energy     3,565 $   599,348
      $   599,348
Professional Services — 3.4%  
Booz Allen Hamilton Holding Corp.     4,752 $   417,415
Verisk Analytics, Inc.     3,206    688,104
      $ 1,105,519
Semiconductors & Semiconductor Equipment — 3.0%  
Entegris, Inc.     2,313 $   303,604
ON Semiconductor Corp.(1)   3,965 248,249
Teradyne, Inc.   3,644 430,830
      $982,683
Software — 5.8%  
ANSYS, Inc.(1)   1,432 $454,875
Bill.com Holdings, Inc.(1)   1,869 423,871
Black Knight, Inc.(1)   6,978 404,654
Fair Isaac Corp.(1)   1,264 589,605
      $1,873,005
Specialty Retail — 4.5%  
Bath & Body Works, Inc.   9,554 $456,681
Ross Stores, Inc.   6,681 604,363
Ulta Beauty, Inc.(1)   1,030 410,167
      $1,471,211
Total Common Stocks
(identified cost $26,693,682)
    $32,232,947
    
Short-Term Investments — 1.0%      
Description Units Value
Calvert Cash Reserves Fund, LLC, 0.14%(2)   314,228 $   314,197
Total Short-Term Investments
(identified cost $314,196)
    $   314,197
Total Investments — 100.2%
(identified cost $27,007,878)
    $32,547,144
Other Assets, Less Liabilities — (0.2)%     $   (60,350)
Net Assets — 100.0%     $32,486,794
    
 
2

 

Calvert
VP SRI Mid Cap Portfolio
March 31, 2022
Schedule of Investments (Unaudited) — continued

The percentage shown for each investment category in the Schedule of Investments is based on net assets.
(1) Non-income producing security.
(2) Affiliated investment company, which invests in high quality, U.S. dollar denominated money market instruments. The rate shown is the annualized seven-day yield as of March 31, 2022.
The Fund did not have any open derivative instruments at March 31, 2022.
Affiliated Investments
At March 31, 2022, the value of the Fund's investment in affiliated funds was $314,197, which represents 1.0% of the Fund's net assets. Transactions in affiliated funds by the Fund for the fiscal year to date ended March 31, 2022 were as follows:
Name Value,
beginning
of period
Purchases Sales
proceeds
Net
realized
gain
(loss)
Change in
unrealized
appreciation
(depreciation)
Value,
end of
period
Dividend
income
Units,
end of
period
Short-Term Investments            
Calvert Cash Reserves Fund, LLC $26,304 $1,860,337 $(1,572,439) $(6) $1 $314,197 $30 314,228
Fair Value Measurements
U.S. generally accepted accounting principles (U.S. GAAP) establishes a disclosure hierarchy that categorizes the inputs to valuation techniques used to value assets and liabilities at measurement date. These inputs are summarized in the three broad levels listed below:
Level 1 - quoted prices in active markets for identical securities
Level 2 - other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)
Level 3 - significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments)
The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
The following table summarizes the market value of the Fund's holdings as of March 31, 2022, based on the inputs used to value them:
Asset Description Level 1 Level 2 Level 3 Total
Common Stocks $32,232,947(1) $ — $ — $32,232,947
Short-Term Investments  — 314,197  — 314,197
Total Investments $32,232,947 $314,197 $ — $32,547,144
    
(1) The level classification by major category of investments is the same as the category presentation in the Schedule of Investments.
For information on the Fund’s policy regarding the valuation of investments and other significant accounting policies, please refer to the Fund’s most recent financial statements included in its semiannual or annual report to shareholders.
3