Calvert
Global Equity Fund
June 30, 2025
Schedule of Investments (Unaudited)
Common Stocks — 98.1%
    
Security Shares Value
Australia — 2.1%  
CSL Ltd.   1,332 $   210,404
      $   210,404
Belgium — 1.6%  
KBC Group NV   1,600 $   165,135
      $   165,135
Denmark — 1.8%  
Novo Nordisk AS, Class B   2,637 $   182,728
      $   182,728
France — 7.3%  
L'Oreal Prime De Fidelite(1)   444 $190,189
L'Oreal SA   29 12,422
LVMH Moet Hennessy Louis Vuitton SE   312 163,295
Safran SA   652 212,633
Schneider Electric SE   588 157,869
      $736,408
Germany — 1.9%  
Siemens AG   769 $197,524
      $197,524
Hong Kong — 2.7%  
AIA Group Ltd.   29,766 $269,634
      $269,634
India — 2.0%  
HDFC Bank Ltd. ADR   2,704 $207,316
      $207,316
Japan — 1.8%  
Keyence Corp.   447 $178,723
      $178,723
Netherlands — 4.7%  
ASML Holding NV   356 $285,276
IMCD NV(2)   1,419 190,849
      $476,125
Singapore — 2.0%  
DBS Group Holdings Ltd.   5,765 $203,516
      $203,516
Switzerland — 3.8%  
Nestle SA   2,461 $244,688
Sika AG   504 137,130
      $381,818
Security Shares Value
Taiwan — 1.7%  
Taiwan Semiconductor Manufacturing Co. Ltd. ADR   772 $   174,850
      $   174,850
United Kingdom — 6.3%  
Compass Group PLC   6,451 $   218,508
London Stock Exchange Group PLC   1,286     188,074
Reckitt Benckiser Group PLC   3,471    236,469
      $   643,051
United States — 58.4%  
Adobe, Inc.(1)   457 $176,804
Alphabet, Inc., Class A   2,666 469,829
Amazon.com, Inc.(1)   2,363 518,419
American International Group, Inc.   2,210 189,154
AMETEK, Inc.   1,176 212,809
Boston Scientific Corp.(1)   1,640 176,152
Carrier Global Corp.   2,195 160,652
Charles Schwab Corp.   2,414 220,253
Danaher Corp.   1,170 231,122
Ingersoll Rand, Inc.   1,964 163,366
Intuit, Inc.   202 159,101
Intuitive Surgical, Inc.(1)   335 182,042
JPMorgan Chase & Co.   973 282,082
Marriott International, Inc., Class A   840 229,496
Micron Technology, Inc.   1,371 168,976
Microsoft Corp.   1,384 688,416
NextEra Energy, Inc.   2,850 197,847
NVIDIA Corp.   3,316 523,895
TJX Cos., Inc.   1,211 149,546
Visa, Inc., Class A   770 273,389
Walt Disney Co.   2,351 291,548
Zoetis, Inc.   1,737 270,885
      $5,935,783
Total Common Stocks
(identified cost $6,747,705) 		    $9,963,015
    
Short-Term Investments — 2.1%
    
Security Shares Value
Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 4.23%(3)   214,738 $   214,738
Total Short-Term Investments
(identified cost $214,738) 		    $   214,738
    
     
Total Investments — 100.2%
(identified cost $6,962,443) 		  $10,177,753
Other Assets, Less Liabilities — (0.2)%   $   (18,914)
Net Assets — 100.0%   $10,158,839
    
 
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Calvert
Global Equity Fund
June 30, 2025
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) All or a portion of this security was on loan at June 30, 2025. The aggregate market value of securities on loan at June 30, 2025 was $186,949 and the total market value of the collateral received by the Fund was $198,433, comprised of U.S. government and/or agencies securities.
(3) May be deemed to be an affiliated investment company. The rate shown is the annualized seven-day yield as of June 30, 2025.
At June 30, 2025, the concentration of the Fund’s investments in the various sectors, determined as a percentage of net assets, was as follows:
Economic Sectors % of Net Assets
Information Technology 23.2%
Financials 19.7
Industrials 12.8
Consumer Discretionary 12.6
Health Care 12.3
Communication Services 7.5
Consumer Staples 6.7
Utilities 1.9
Materials 1.4
Total 98.1%
    
Abbreviations: 
ADR – American Depositary Receipt
 
The Fund did not have any open derivative instruments at June 30, 2025.
Affiliated Investments
At June 30, 2025, the value of the Fund's investment in funds that may be deemed to be affiliated was $214,738, which represents 2.1% of the Fund's net assets. Transactions in such investments by the Fund for the fiscal year to date ended June 30, 2025 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 		Shares,
end of
period
Short-Term Investments            
Liquidity Fund, Institutional Class(1) $278,651 $1,656,632 $(1,720,545) $ — $ — $214,738 $4,137 214,738
    
(1) Represents investment in Morgan Stanley Institutional Liquidity Funds - Government Portfolio.
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.
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Calvert
Global Equity Fund
June 30, 2025
Schedule of Investments (Unaudited) — continued
The following table summarizes the market value of the Fund's holdings as of June 30, 2025, based on the inputs used to value them:
Asset Description  Level 1  Level 2  Level 3  Total 
Common Stocks:        
Australia $ — $210,404 $ — $210,404
Belgium  — 165,135  — 165,135
Denmark  — 182,728  — 182,728
France  — 736,408  — 736,408
Germany  — 197,524  — 197,524
Hong Kong  — 269,634  — 269,634
India 207,316  —  — 207,316
Japan  — 178,723  — 178,723
Netherlands  — 476,125  — 476,125
Singapore  — 203,516  — 203,516
Switzerland  — 381,818  — 381,818
Taiwan 174,850  —  — 174,850
United Kingdom  — 643,051  — 643,051
United States 5,935,783  —  — 5,935,783
Total Common Stocks $6,317,949 $3,645,066(1) $ — $9,963,015
Short-Term Investments $214,738 $ — $ — $214,738
Total Investments $6,532,687 $3,645,066 $ — $10,177,753
    
(1) Includes foreign equity securities whose values were adjusted to reflect market trading of comparable securities or other correlated instruments that occurred after the close of trading in their applicable foreign markets.
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 annual or semi-annual financial statements.
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