Calvert US Select Equity ETF
CVSE
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- United States of America
- IPO Date
- Feb 1, 2023
- Similar Companies
- Business
- Calvert US Select Equity ETF (CVSE) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing primarily in equity securities of large-capitalization U.S. issuers identified as leaders and improvers in managing financially material environmental, social, and governance (ESG) factors; the fund employs Calvert's proprietary research process guided by the Calvert Principles for Responsible Investment, focusing on companies addressing key sustainability issues, with a portfolio benchmarked against the Russell 1000 Index, a weighted average market capitalization of approximately $960 billion, and top holdings including NVIDIA Corp., Microsoft Corp., and Apple Inc.. CVSE offers investors exposure to a diversified large-blend equity strategy emphasizing U.S. stocks across sectors such as information technology (36.59%), financials (16.74%), and industrials (12.50%), with a net expense ratio of 0.29%, quarterly distributions, and trading on NYSE Arca under CUSIP 61774R502. The fund targets institutional and individual investors seeking competitive risk-adjusted returns combined with positive ESG impact through comprehensive shareholder engagement and innovative stock selection. Launched on January 30, 2023, CVSE operates as a series of Morgan Stanley ETF Trust, with investment advisory services provided by Morgan Stanley Investment Management Inc. and a portfolio management team including Christopher Madden, Yijia Chen, Ibrahim Kara, Jennifer Mihara, and Gordon Wotherspoon (added effective April 7, 2025); it is domiciled in the United States, with principal operations aligned to Morgan Stanley's headquarters at 1585 Broadway, New York, New York. The ETF maintains total net assets of approximately $13.73 million as of mid-2025 and is distributed by Foreside Fund Services, LLC, serving U.S. markets with a focus on tax-efficient, transparent access to responsible U.S. large-cap equity investments. In a significant recent development, Morgan Stanley Investment Management announced the liquidation of CVSE on September 18, 2025, with the Board of Trustees approving a Plan of Liquidation; the fund ceased accepting creation unit purchases after market close on October 14, 2025, halted trading on NYSE Arca on that date, and completed liquidation and shareholder distributions on or about October 20, 2025, transitioning assets to cash equivalents in the interim and deviating from its standard investment objective. This operational wind-down represents a major strategic shift for the product, amid no reported recent partnerships, acquisitions, funding rounds, or new product launches specific to CVSE within the prior 1-2 years.