Calvert Emerging Markets Equity Fund Class A (CVMAX) Fund Overview
Educational signal · not a buy or sell recommendation · How to read this
Beta 1.02: the stock has moved roughly in step with the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 16, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerCalvert Emerging Markets Equity Fund Class A (CVMAX) trades at $29.56. Calvert Emerging Markets Equity Fund Class A (CVMAX) seeks long-term capital appreciation by investing in emerging market equities. Sector: Financials.
Price as of · Last analyzed: Mar 16, 2026Analyst Coverage for CVMAX: CVMAX does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
Calvert Emerging Markets Equity Fund Class A (CVMAX) Financial Services Profile
Calvert Emerging Markets Equity Fund Class A (CVMAX) is an actively managed fund focusing on long-term capital appreciation through investments in emerging market equity securities. The fund targets companies with market capitalization characteristics similar to the MSCI Emerging Markets Index, providing investors exposure to developing economies.
What Is the Investment Thesis for CVMAX?
Calvert Emerging Markets Equity Fund Class A (CVMAX) presents a notable research candidate for investors seeking exposure to emerging market equities. With a beta of 1.02, the fund exhibits market-like volatility. The fund's strategy of mirroring the MSCI Emerging Markets Index provides diversification across various emerging economies. A key value driver is the potential for long-term capital appreciation in rapidly growing emerging markets. However, investors should be aware of risks associated with emerging markets, including political instability and currency fluctuations. The fund's focus on long-term growth makes it suitable for investors with a long-term investment horizon.
Based on FMP financials and quantitative analysis
CVMAX Key Highlights
CVMAX focuses on long-term capital appreciation through investments in emerging market equities.
- The fund invests at least 80% of its assets in equity securities of companies located in emerging market countries.
- CVMAX seeks to maintain market capitalization size characteristics similar to the MSCI Emerging Markets Index.
- The fund has a beta of 1.02, indicating market-like volatility.
- CVMAX does not offer a dividend yield, focusing instead on capital appreciation.
Who Are CVMAX's Competitors?
CVMAX is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| CDHAX Calvert International Responsible Idx A | $43.81 | -1.37% | $1.64B | — |
| CDHIX Calvert International Responsible Idx I | $44.55 | -1.37% | $1.65B | — |
| CDHRX Calvert International Responsible Idx R6 | $44.44 | -1.38% | $1.65B | — |
| ETIHX Eventide Healthcare & Life Sciences Fd Cl I | $52.11 | -0.50% | $1.68B | — |
| HAVLX Harbor Large Cap Value Fund Institutional Class | $19.95 | -0.89% | $941M | — |
| BLK BlackRock, Inc. | $1069.63 | -0.91% | $166B | 52 5-pillar |
| BX Blackstone Inc. | $111.80 | -1.38% | $135B | 69 5-pillar |
| APOS Apollo Global Management, Inc. | $25.43 | -0.66% | $74.6B | 56 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are CVMAX's Key Strengths?
Focus on long-term capital appreciation.
- Exposure to high-growth emerging markets.
- Alignment with the MSCI Emerging Markets Index.
- Active management to capitalize on market opportunities.
What Are CVMAX's Weaknesses?
No dividend yield.
- Susceptibility to emerging market risks, such as political instability and currency fluctuations.
- Dependence on the performance of emerging market economies.
- Higher expense ratios compared to passive ETFs.
What Are the Key Risks for CVMAX?
Political instability and policy changes in emerging market countries.
- Currency fluctuations reducing investment returns.
- Economic slowdown in emerging markets impacting company performance.
- Increased competition from other emerging market funds.
- Regulatory changes affecting the asset management industry.
What Are CVMAX's Competitive Advantages?
- Established track record in emerging market equity investing.
- Alignment with the MSCI Emerging Markets Index provides a benchmark-aware investment experience.
- Active management allows for capitalizing on emerging market opportunities.
What Does CVMAX Do?
Calvert Emerging Markets Equity Fund Class A (CVMAX) is designed to provide investors with long-term capital appreciation by focusing on equity securities within emerging market countries. The fund invests primarily in companies located in these emerging markets, allocating at least 80% of its assets, including borrowings for investment purposes, to equity securities. While the fund has the flexibility to invest in companies of any market capitalization, it seeks to maintain market capitalization size characteristics that closely resemble those of the MSCI Emerging Markets Index. This approach allows CVMAX to offer a diversified exposure to the emerging markets equity landscape. The fund's investment strategy involves identifying companies with strong growth potential within these markets, aiming to deliver long-term value to its investors. By aligning its market capitalization profile with the MSCI Emerging Markets Index, CVMAX seeks to provide a benchmark-aware investment experience while actively managing its portfolio to capitalize on emerging market opportunities. The fund's focus on long-term capital appreciation makes it a suitable option for investors seeking growth potential in developing economies.
What Products and Services Does CVMAX Offer?
- Invests primarily in equity securities of companies located in emerging market countries.
- Aims for long-term capital appreciation.
- Allocates at least 80% of its assets to emerging market equities.
- May invest in companies of any market capitalization.
- Seeks to have market capitalization size characteristics similar to the MSCI Emerging Markets Index.
- Actively manages its portfolio to capitalize on emerging market opportunities.
How Does CVMAX Make Money?
- Generates revenue through management fees charged on assets under management (AUM).
- Fees are typically a percentage of the total value of the fund's assets.
- Performance-based fees may also be charged if the fund outperforms its benchmark.
What Industry Does CVMAX Operate In?
The asset management industry is characterized by intense competition and evolving investor preferences. Funds like CVMAX operate within the emerging markets equity segment, which is influenced by global economic trends, geopolitical events, and currency fluctuations. The industry is seeing increased demand for sustainable and responsible investing, which may influence fund strategies. Competitors like CDHAX, CDHIX, CDHRX, ETIHX, and HAVLX offer similar exposure to emerging markets, requiring CVMAX to differentiate itself through investment strategy and performance.
Who Are CVMAX's Key Customers?
- Individual investors seeking exposure to emerging market equities.
- Institutional investors, such as pension funds and endowments.
- Financial advisors and wealth managers who recommend the fund to their clients.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● No analyst coverage
- ● This is a fund, not an operating company
MoonshotScore History
Recorded daily since 2026-08-23 · 43 snapshots
| 2026-08-23 | 47 |
| 2026-08-31 | 47 |
| 2026-09-08 | 47 |
| 2026-09-16 | 47 |
| 2026-09-24 | 47 |
| 2026-10-04 | 47 |
| 2026-10-06 | 47 |
What changed?
The score has stayed at 47.
Over the same 30 days the stock moved +1.3%.
CVMAX Financials
Bull Case vs Bear Case
Bull Case
- Focus on long-term capital appreciation.
- Exposure to high-growth emerging markets.
- Alignment with the MSCI Emerging Markets Index.
- Active management to capitalize on market opportunities.
Bear Case
- No dividend yield.
- Susceptibility to emerging market risks, such as political instability and currency fluctuations.
- Dependence on the performance of emerging market economies.
- Higher expense ratios compared to passive ETFs.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
CVMAX Latest News
No recent news available for CVMAX.
CVMAX Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for CVMAX.
Price Targets
Wall Street price target analysis for CVMAX.
CVMAX MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for CVMAX; grades run from A+ (80-100) to F (below 30).
What Investors Ask About Calvert Emerging Markets Equity Fund Class A (CVMAX) — Financials
How sensitive is CVMAX to fluctuations in emerging market currencies?
CVMAX's performance is significantly sensitive to fluctuations in emerging market currencies. As the fund invests primarily in equity securities of companies located in emerging market countries, any depreciation in these currencies relative to the U.S. dollar can negatively impact the fund's returns when translated back into USD.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- Emerging market investments carry inherent risks, including political and economic instability.