Calvert Social Index Announces New Membership List.BETHESDA, Md. -- Today, Calvert released the reconstituted membership list for the Calvert Social Index The Calvert Social Index is a stock market index created by the Calvert Group as a benchmark of large companies that are considered socially responsible or ethical. It currently consists of 468 companies, weighted by market capitalization, selected from approximately 1,000 of the (TM). The new list of holdings will be available on Monday, September 18 on Calvert's Web site at http://calvert.com/sri_calvertindex.html. The annual Calvert Social Index reconstitution is effective at the close of business on Friday, September 15, 2006. The reconstitution has produced 641 component companies. The new Index will have an average market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. of approximately $11.49 billion. As of September 13, 2006, the four largest sectors in the new Calvert Social Index are Financials followed by Information Technology, Health Care, and Consumer Discretionary. "The Calvert Social Index is the broadest-based, most rigorously screened benchmark of socially responsible companies available in the U.S.," said Ronald Wolfsheimer, Calvert's SVP SVP S'il Vous Plaît (French: Please) SVP Senior Vice President SVP Schweizerische Volkspartei (Swiss People~s Party) SVP Society of Vertebrate Paleontology SVP Social Venture Partners SVP St Vincent de Paul , Chief Financial and Administrative Officer and head of the Index Committee.
Calvert Social Index Sector Projected Comparison:
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Global Industry Calvert Social Russell S&P Calvert Social
Classification Index 1000 500 Index
Standard (GICS(R)) Reconstitution 9/13/2006 9/13/2006 Reconstitution
Sectors 9/13/2006 9/16/2005
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Energy 1.90% 8.52% 9.30% 1.69%
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Materials 1.20 3.10 2.88 1.07
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Industrials 6.50 10.60 10.88 5.70
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Consumer
Discretionary 11.00 10.99 10.14 13.01
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Consumer Staples 6.85 9.05 9.77 6.93
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Health Care 14.32 13.05 12.94 15.73
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Financials 27.30 22.27 21.96 25.86
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Information
Technology 26.23 15.10 15.23 26.53
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Telecomm Service 3.84 3.46 3.46 2.62
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Utilities 0.88 3.86 3.42 0.87
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Calvert Social Index
Top Ten Holdings as of September 13, 2006:
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Company Name Ticker % of Index Holdings
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Microsoft Corporation MSFT 3.51
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Bank of America Corporation BAC 3.21
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Pfizer Inc PFE 2.80
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Procter & Gamble Company PG 2.60
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Johnson & Johnson JNJ 2.57
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J P Morgan Chase & Company JPM 2.18
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Cisco Systems Inc. CSCO 1.89
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International Business
Machines Corp IBM 1.69
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AT&T Inc T 1.68
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Wells Fargo & Company WFC 1.61
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"Calvert's corporate social responsibility research maintains a global reputation as among the most comprehensive and authoritative," said Bennett Freeman Freeman can mean:
He further observed that this year's Index reconstitution process saw a number of companies emerging from bankruptcy bankruptcy, in law, settlement of the liabilities of a person or organization wholly or partially unable to meet financial obligations. The purposes are to distribute, through a court-appointed receiver, the bankrupt's assets equitably among creditors and, in most . This enabled Calvert's team of experts to review and better understand the steps that companies have taken to manage their environment, social or governance Governance makes decisions that define expectations, grant power, or verify performance. It consists either of a separate process or of a specific part of management or leadership processes. Sometimes people set up a government to administer these processes and systems. performance. Calvert Social Index Construction The Calvert Social Index is created by taking the 1,000 largest companies in the U.S., representing stocks listed on the NYSE NYSE See: New York Stock Exchange and NASDAQ-AMEX (not including closed-end mutual funds, ADRs, REITS REITS Real Estate Investors of the Tri-States (Harrison, TN) , and non-common shares), and ranks them in descending descending /des·cend·ing/ (de-send´ing) extending inferiorly. order based on their market capitalization. Calvert's Social Research Department analyzes each company in the base of 1,000 companies. A social audit is conducted in the following areas: governance and ethics ethics, in philosophy, the study and evaluation of human conduct in the light of moral principles. Moral principles may be viewed either as the standard of conduct that individuals have constructed for themselves or as the body of obligations and duties that a , workplace practices, environment, product safety and impact, community relations 1. The relationship between military and civilian communities. 2. Those public affairs programs that address issues of interest to the general public, business, academia, veterans, Service organizations, military-related associations, and other non-news media entities. , military weapons contracting, international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. and human rights, and respecting the rights of indigenous peoples The term indigenous peoples has no universal, standard or fixed definition, but can be used about any ethnic group who inhabit the geographic region with which they have the earliest historical connection. . The stocks that meet Calvert's social criteria make up the Calvert Social Index. The Calvert Social Index includes companies that stand out positively for their environmental policies, actively hire and promote minorities and women, provide a safe and healthy workplace, and produce safe and healthy products. Calvert avoids companies involved with tobacco, firearms This is an extensive list of small arms — pistol, machine gun, grenade launcher, anti-tank rifle — that includes variants. : Top - 0–9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z A
Please visit Calvert's website at http://calvert.com/sri_647.html for more information on our screening criteria. About Calvert Calvert is one of the largest mutual fund complexes in the Washington D.C. area, with over $12 billion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. among 31 mutual fund portfolios. Best known for its family of socially responsible mutual funds, Calvert has a full line of funds that allows individual and institutional investors Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. to pursue a broad range of investment objectives within a single fund family. Calvert launched the Calvert Social Index(TM), the broadest-based, most transparent benchmark in the marketplace for measuring the performance of large, U.S.-based socially responsible companies. Calvert also has an extensive lineup A criminal investigation technique in which the police arrange a number of individuals in a row before a witness to a crime and ask the witness to identify which, if any, of the individuals committed the crime. of tax-free and taxable fixed-income investments. For more information on any Calvert fund, please contact Calvert at 800.368.2748 for a free prospectus. An investor should consider the investment objectives, risks, charges, and expenses of an investment carefully before investing. The prospectus contains this and other information. Read it carefully before you invest or send money. Calvert mutual funds are underwritten and distributed by Calvert Distributors, Inc., member NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). , a subsidiary of Calvert Group, Ltd. #6331 (09/06) |
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