Calvert Social Index Announces New Membership List
BETHESDA, Md.–(BUSINESS WIRE)– Today, Calvert released the reconstituted membership list for the Calvert Social Index®. The new list of holdings is available on Calvert’s Web site at http://calvert.com/sri-index.html.
The annual Calvert Social Index reconstitution was effective at the close of business on Friday, September 17th, 2010. The reconstitution has produced 662 component companies. The new Index will have an average weighted market capitalization of approximately $66.4 billion, verses $68.6 billion for the current Calvert Social Index and $71.4 billion for the Russell 1000. As of September 16th, 2010, the four largest sectors in the new Calvert Social Index are Information Technology followed by Financials, Health Care, and Consumer Discretionary.
What is the Calvert Social Index?
Calvert, a leader in sustainable and responsible investing, has created the Calvert Social Index, a broad-based, rigorously constructed benchmark for measuring the performance of US-based sustainable and responsible companies.
How is the Calvert Social Index constructed?
Calvert starts by taking the 1,000 largest companies in the US , based on total market capitalization, included in the Dow Jon es Total Market Index (the “Dow Jon es TMI”). The Dow Jon es TMI represents the top 95% of U.S. companies based on float-adjusted market capitalization, excluding the smallest and least-liquid stocks. Calvert’s Sustainability Research Department then analyzes each company. A sustainability audit is conducted in the following areas: governance and ethics; environment; workplace; product safety and impact; community relations; international operations and human rights; and indigenous peoples’ rights. The stocks that meet the Index’s sustainable and responsible criteria make up the Calvert Social Index.
Please visit Calvert’s website at http://calvert.com/sri.html for more information on our screening criteria.
Calvert is an investment management company that offers a broad array of mutual funds and separate accounts to institutional investors, retirement plans, and financial intermediaries and their clients. The firm manages over 50 equity, bond, cash, and asset allocation strategies, many of which integrate sustainability and corporate responsibility research as part of their investment mandate. Founded in 1976 and based in Bethesda , Maryland , Calvert manages assets of more than $14 billion as of September 17, 2010. More information is available at www.Calvert.com.
For more information on any Calvert fund, please contact Calvert at 800.368.2748 for a free prospectus. An investor should consider the investment objectives, risks, charges, and expenses of an investment carefully before investing. The prospectus contains this and other information. Read it carefully before you invest or send money.
Calvert mutual funds are underwritten and distributed by Calvert Distributors, Inc., member FINRA, a subsidiary of Calvert Group, Ltd. (9/10, 10446)
Melinda Lovins, 301-657-7089
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