The AI (ChatGPT) ESG Stock Investing Guide: Calvert US Large-Cap Core Responsible Index Fund (CSXAX)

Here is the response from ChatGPT for the prompt discuss Calvert US Large-Cap Core Responsible Index Fund (CSXAX) expense ratio stock held 500 words entered on May 2, 2023.

The Calvert US Large-Cap Core Responsible Index Fund (CSXAX) is an index fund that seeks to provide investors with exposure to a diversified portfolio of large-cap U.S. equities while integrating environmental, social, and governance (ESG) factors into the investment process. As with any investment, understanding the fund's fees and holdings is important to help investors evaluate the potential returns.

The CSXAX fund charges an expense ratio of 0.20%, which means that for every $1,000 invested, investors will pay $2.00 in fees annually. This expense ratio is relatively low compared to other actively managed mutual funds, making it an attractive option for investors looking to minimize their investment costs.

In terms of its holdings, the CSXAX fund invests in a diverse range of large-cap U.S. companies that meet the fund's ESG criteria. As of March 31, 2023, the fund held investments in 285 different stocks. The fund's largest holdings were in technology companies, including Apple Inc. (6.0%), Microsoft Corporation (5.9%), and Amazon.com Inc. (5.3%). These three companies alone made up more than 17% of the fund's total holdings.

Other sectors that the CSXAX fund held significant investments in included healthcare (15.1%), consumer discretionary (14.8%), and financials (13.9%). The fund also held smaller positions in a number of other sectors, including industrials, materials, and energy.

One important aspect of the CSXAX fund's investment strategy is its focus on companies with strong ESG profiles. To evaluate companies' ESG performance, the fund's portfolio managers use a proprietary scoring system that assesses companies based on a variety of factors, including their environmental impact, labor practices, and corporate governance. The fund seeks to invest in companies that demonstrate strong ESG performance relative to their peers.

In addition to evaluating companies' ESG performance, the fund's portfolio managers also consider a range of financial factors when making investment decisions. For example, they evaluate companies' earnings growth potential, market position, and competitive landscape.

By investing in a diversified portfolio of large-cap U.S. companies that meet the fund's ESG criteria, the CSXAX fund aims to provide investors with exposure to the potential long-term growth of the U.S. equity market while also integrating ESG considerations into the investment process. The fund's focus on ESG factors may result in certain sectors or industries being over- or under-represented in the fund's holdings, depending on the fund's assessment of each company's ESG performance.

It's worth noting that the CSXAX fund's holdings and expense ratio may change over time as the fund's portfolio managers adjust the fund's holdings in response to changing market conditions or shifts in the fund's investment strategy. As such, investors should review the fund's prospectus and other disclosure documents to understand the fund's investment objectives, strategies, and risks, including those associated with investing in U.S. equities.

Table and Chart of CSXAX Performance (From buyupside.com. Not from chatGPT.)

See what a $1,000 investment in Calvert US Large-Cap Core Responsible Index Fund (CSXAX) is worth today.

Values are based on monthly closes adjusted for splits and dividends from Alpha Vantage.