Calvert to Launch Responsibly Managed Ultra-Short Income Strategy in NextShares Structure
Calvert Research and Management (Calvert) has filed a registration statement with the U.S. Securities and Exchange Commission for a new exchange-traded managed fund investing in short-term income investments, the Calvert Ultra-Short Income NextShares (the "Fund"). The Fund will seek to maximize income, consistent with preservation of capital, by investing in short-term bonds and other income-producing securities. In selecting investments for the Fund, Calvert will be guided by The Calvert Principles for Responsible Investment, which provide a framework for considering environmental, social and governance factors.