Calvert High Yield Bond Fund Class R6 (CYBRX)

The Calvert High Yield Bond Fund Class R6 (CYBRX) is a mutual fund that primarily invests in high-yield bonds, also known as "junk bonds." These bonds are issued by companies with lower credit ratings, making them riskier but potentially offering higher returns. The fund aims to provide investors with a diversified portfolio of high-yield bonds, while also considering environmental, social, and governance (ESG) factors in its investment decisions. As a Class R6 fund, it is designed for institutional investors and has a lower expense ratio compared to other share classes. Overall, CYBRX offers a potentially higher return on investment, but with a higher level of risk.