| Investment Objective: |
Calvert Ultra-Short Investment Grade ETF seeks to maximize income, to the extent consistent with the preservation of capital, through investment in short-term bonds and income-producing securities. The Fund will only invest in investment-grade securities, as assessed at the time of purchase. The Fund invests principally in U.S. dollar-denominated debt securities. A debt security is considered an investment grade when assigned a credit quality rating of BBB- or higher. The Fund invests principally in bonds issued by U.S. corporations, the U.S. Government or its agencies, and U.S. government-sponsored enterprises ("GSEs") such as the Federal National Mortgage Association ("FNMA") and the Federal Home Loan Mortgage Corporation ("FHLMC"). The Fund also may invest in trust preferred securities, money market instruments, and taxable municipal obligations. |
