# EDGAR Filing Document

**Accession Number:** 0000319676
**File Stem:** 0001410368-25-028962
**Filing Date:** 2025-11
**Character Count:** 53223
**Document Hash:** 110e4cc55ecbc93c7b10e05d250a54e5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-028962.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0001410368-25-028962

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251124

**DATE AS OF CHANGE**: 20251124

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Calvert Management Series
- **CENTRAL INDEX KEY:** 0000319676

**ORGANIZATION NAME:**
- **EIN:** 526211999
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03101
- **FILM NUMBER:** 251509877

**BUSINESS ADDRESS:**
- **STREET 1:** 2050 M STREET NW
- **CITY:** WASHINGTON
- **STATE:** DC
- **ZIP:** 20036
- **BUSINESS PHONE:** 8002256265

**MAIL ADDRESS:**
- **STREET 1:** 2050 M STREET NW
- **CITY:** WASHINGTON
- **STATE:** DC
- **ZIP:** 20036

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CALVERT TAX FREE RESERVES
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Calvert Global Small-Cap Equity Fund (Series ID: S000080180)

| Class ID   | Class Name                                   | Ticker Symbol   |
|:---|:---|:---|
| C000241879 | Calvert Global Small-Cap Equity Fund Class I |  |
| C000241880 | Calvert Global Small-Cap Equity Fund Class A |  |
| C000241881 | Calvert Global Small-Cap Equity Fund Class C |  |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Calvert Management Series

- **b. Investment Company Act file number:** 811-03101

- **c. CIK number of Registrant:** 0000319676

- **d. LEI of Registrant:** 549300JLDDCMBLNYVQ38

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 2050 M Street NW

  - **City:** Washington

  - **State:** DC

  - **Foreign country:** US

  - **Zip / Postal Code:** 20036

  - **Telephone number:** 202-238-2200

**Item A.2. Information about the Series.**

- **a. Name of Series:** Calvert Global Small-Cap Equity Fund

- **b. EDGAR series identifier (if any):** S000080180

- **c. LEI of Series:** 549300085JWTRG4OWE73

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $21043911.82

**Total Liabilities:** $88239.30

**Net Assets:** $20955672.52

**Cash Not Reported:** $3382.14

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000241881 | -2.51%               | 3.85%                | -2.06%               |
| Class ID C000241879 | -2.42%               | 4.03%                | -2.00%               |
| Class ID C000241880 | -2.41%               | 3.95%                | -2.03%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $367715.12               | $-892164.85                                |
| Month 2  | $231721.21               | $598746.71                                 |
| Month 3  | $234941.45               | $-689213.46                                |

### Schedule of Portfolio Investments

| Name                                           | Title                                                               | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Nordson Corp                                   | Nordson Corp                                                        | CUSIP: 655663102<br>LEI: 14OS6Q5N55N95WM84M53 | Long             | EC               | CORP              | US        |       712 | NS      | $161588.40    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Jenoptik AG                                    | Jenoptik AG                                                         | CUSIP: 000000000<br>LEI: 529900P34GDHGXK6VB37 | Long             | EC               | CORP              | DE        |      6179 | NS      | $125412.91    | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Boliden AB                                     | Boliden AB                                                          | CUSIP: 000000000<br>LEI: 21380059QU7IM1ONDJ56 | Long             | EC               | CORP              | SE        |       451 | NS      | $18409.07     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Meritage Homes Corp                            | Meritage Homes Corp                                                 | CUSIP: 59001A102<br>LEI: 52990044W9UMFJO2FB97 | Long             | EC               | CORP              | US        |       799 | NS      | $57871.57     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Amplifon SpA                                   | Amplifon SpA                                                        | CUSIP: 000000000<br>LEI: ZYXJDNVM2JI3VBM8G556 | Long             | EC               | CORP              | IT        |      9608 | NS      | $156708.04    | 0.75%             |  |  |  | No            |                  2 | On Loan: —       |
| Daiwa House Logistics Trust                    | Daiwa House Logistics Trust                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | SG        |    181931 | NS      | $81847.44     | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Core & Main Inc                                | Core & Main Inc                                                     | CUSIP: 21874C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4102 | NS      | $220810.66    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Greggs PLC                                     | Greggs PLC                                                          | CUSIP: 000000000<br>LEI: 213800I71QMUFJ64IW20 | Long             | EC               | CORP              | GB        |      8926 | NS      | $193191.07    | 0.92%             |  |  |  | No            |                  2 | On Loan: —       |
| Interpump Group SpA                            | Interpump Group SpA                                                 | CUSIP: 000000000<br>LEI: 815600C79D0F31F4D395 | Long             | EC               | CORP              | IT        |      5226 | NS      | $240227.14    | 1.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Advanced Drainage Systems Inc                  | Advanced Drainage Systems Inc                                       | CUSIP: 00790R104<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | EC               | CORP              | US        |      1096 | NS      | $152015.20    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfisterer Holding SE                           | Pfisterer Holding SE                                                | CUSIP: 000000000<br>LEI: 529900APPYG9TGZYS639 | Long             | EC               | CORP              | DE        |      1542 | NS      | $130502.85    | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Essential Properties Realty Trust Inc          | Essential Properties Realty Trust Inc                               | CUSIP: 29670E107<br>LEI: 2549009LXQLVYCGLZO50 | Long             | EC               |  | US        |      4126 | NS      | $122789.76    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Food Group PLC                          | Hilton Food Group PLC                                               | CUSIP: 000000000<br>LEI: 213800JY7VJFS2OOX355 | Long             | EC               | CORP              | GB        |      9005 | NS      | $81033.19     | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Valvoline Inc                                  | Valvoline Inc                                                       | CUSIP: 92047W101<br>LEI: 549300CMHPBEY6VPOT75 | Long             | EC               | CORP              | US        |      7041 | NS      | $252842.31    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| IGO Ltd                                        | IGO Ltd                                                             | CUSIP: 000000000<br>LEI: 2549005DZO8VGXM5QN07 | Long             | EC               | CORP              | AU        |      9284 | NS      | $31877.32     | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Straumann Holding AG                           | Straumann Holding AG                                                | CUSIP: 000000000<br>LEI: 50670046ML5FVIM60Z37 | Long             | EC               | CORP              | CH        |      1198 | NS      | $128432.23    | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Ryan Specialty Holdings Inc                    | Ryan Specialty Holdings Inc                                         | CUSIP: 78351F107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2395 | NS      | $134982.20    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Tradeweb Markets Inc                           | Tradeweb Markets Inc                                                | CUSIP: 892672106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1536 | NS      | $170465.28    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanwa Holdings Corp                            | Sanwa Holdings Corp                                                 | CUSIP: 000000000<br>LEI: 5299003X6BCA4ROO5A70 | Long             | EC               | CORP              | JP        |      4297 | NS      | $122844.70    | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Steadfast Group Ltd                            | Steadfast Group Ltd                                                 | CUSIP: 000000000<br>LEI: 9845003B6BEAA12DBD91 | Long             | EC               | CORP              | AU        |     42175 | NS      | $165281.79    | 0.79%             |  |  |  | No            |                  2 | On Loan: No      |
| Donaldson Co Inc                               | Donaldson Co Inc                                                    | CUSIP: 257651109<br>LEI: OZE6KXY9QQPR8EJ8WL20 | Long             | EC               | CORP              | US        |      3790 | NS      | $310211.50    | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradyne Inc                                   | Teradyne Inc                                                        | CUSIP: 880770102<br>LEI: C3X4YJ278QNZHRJULN75 | Long             | EC               | CORP              | US        |       823 | NS      | $113277.72    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Atmus Filtration Technologies Inc              | Atmus Filtration Technologies Inc                                   | CUSIP: 04956D107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4779 | NS      | $215485.11    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AddTech AB                                     | AddTech AB                                                          | CUSIP: 000000000<br>LEI: 549300QZ5U2IDRHPWL60 | Long             | EC               | CORP              | SE        |      3083 | NS      | $100290.71    | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Cerillion PLC                                  | Cerillion PLC                                                       | CUSIP: 000000000<br>LEI: 213800ISIZMUC3P46850 | Long             | EC               | CORP              | GB        |      8253 | NS      | $167664.12    | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Aramark                                        | Aramark                                                             | CUSIP: 03852U106<br>LEI: 549300MR6PG2DWZUIL39 | Long             | EC               | CORP              | US        |      6861 | NS      | $263462.40    | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Inmobiliaria Colonial Socimi SA                | Inmobiliaria Colonial Socimi SA                                     | CUSIP: 000000000<br>LEI: 95980020140005007414 | Long             | EC               |  | ES        |     22939 | NS      | $150084.51    | 0.72%             |  |  |  | No            |                  2 | On Loan: —       |
| Burlington Stores Inc                          | Burlington Stores Inc                                               | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Long             | EC               | CORP              | US        |      1126 | NS      | $286567.00    | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Financial Corp                  | First American Financial Corp                                       | CUSIP: 31847R102<br>LEI: 549300B6VEZK3N0A1P55 | Long             | EC               | CORP              | US        |      2177 | NS      | $139850.48    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Cosmos Pharmaceutical Corp                     | Cosmos Pharmaceutical Corp                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      2876 | NS      | $168054.67    | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Franklin Electric Co Inc                       | Franklin Electric Co Inc                                            | CUSIP: 353514102<br>LEI: RR6AURIKMXUE4Q24G284 | Long             | EC               | CORP              | US        |      2698 | NS      | $256849.60    | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| HeartFlow Inc                                  | HeartFlow Inc                                                       | CUSIP: 42238D107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1709 | NS      | $57524.94     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Balchem Corp                                   | Balchem Corp                                                        | CUSIP: 057665200<br>LEI: 549300VR70OPMHUI3557 | Long             | EC               | CORP              | US        |      1093 | NS      | $164015.58    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| As One Corp                                    | As One Corp                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     10023 | NS      | $166439.77    | 0.79%             |  |  |  | No            |                  2 | On Loan: No      |
| USS Co Ltd                                     | USS Co Ltd                                                          | CUSIP: 000000000<br>LEI: 5299000RRQD6UZXG4W72 | Long             | EC               | CORP              | JP        |     14604 | NS      | $167662.89    | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Killam Apartment Real Estate Investment Trust  | Killam Apartment Real Estate Investment Trust                       | CUSIP: 49410M102<br>LEI: 2549001RZSL75H60JE41 | Long             | EC               |  | CA        |      8461 | NS      | $109250.68    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Manhattan Associates Inc                       | Manhattan Associates Inc                                            | CUSIP: 562750109<br>LEI: 529900Q1GJP7KD52SW51 | Long             | EC               | CORP              | US        |       447 | NS      | $91626.06     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| nCino Inc                                      | nCino Inc                                                           | CUSIP: 63947X101<br>LEI: 549300WVRR2WR3L6MZ46 | Long             | EC               | CORP              | US        |       745 | NS      | $20196.95     | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Group 1 Automotive Inc                         | Group 1 Automotive Inc                                              | CUSIP: 398905109<br>LEI: 549300US8QAZJLWYAF63 | Long             | EC               | CORP              | US        |       141 | NS      | $61688.91     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| First Financial Bankshares Inc                 | First Financial Bankshares Inc                                      | CUSIP: 32020R109<br>LEI: 549300XN3GTGOENGNV49 | Long             | EC               | CORP              | US        |      7503 | NS      | $252475.95    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Knife River Corp                               | Knife River Corp                                                    | CUSIP: 498894104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1069 | NS      | $82174.03     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Dorman Products Inc                            | Dorman Products Inc                                                 | CUSIP: 258278100<br>LEI: 2549000O0BBUX740XR59 | Long             | EC               | CORP              | US        |      2024 | NS      | $315501.12    | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Hikari Tsushin Inc                             | Hikari Tsushin Inc                                                  | CUSIP: 000000000<br>LEI: 3538001SOIIV8U3OXH94 | Long             | EC               | CORP              | JP        |       371 | NS      | $103348.95    | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| AZZ Inc                                        | AZZ Inc                                                             | CUSIP: 002474104<br>LEI: 549300HD1X2NFLWPYC83 | Long             | EC               | CORP              | US        |      1470 | NS      | $160421.10    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| CDW Corp/DE                                    | CDW Corp/DE                                                         | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |       808 | NS      | $128698.24    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyler Technologies Inc                         | Tyler Technologies Inc                                              | CUSIP: 902252105<br>LEI: 25490040SMU4Z8LBCW70 | Long             | EC               | CORP              | US        |       142 | NS      | $74288.72     | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Addus HomeCare Corp                            | Addus HomeCare Corp                                                 | CUSIP: 006739106<br>LEI: 52990090ZT33AKPDBX62 | Long             | EC               | CORP              | US        |      1602 | NS      | $189019.98    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| A O Smith Corp                                 | A O Smith Corp                                                      | CUSIP: 831865209<br>LEI: 549300XG4US7UJNECY36 | Long             | EC               | CORP              | US        |      3710 | NS      | $272351.10    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Lumine Group Inc                               | Lumine Group Inc                                                    | CUSIP: 55027C106<br>LEI: 984500E3C44B9D44M738 | Long             | EC               | CORP              | CA        |      2489 | NS      | $73398.40     | 0.35%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Hamilton Insurance Group Ltd                   | Hamilton Insurance Group Ltd                                        | CUSIP: 000000000<br>LEI: 549300W92BN1FIEXG871 | Long             | EC               | CORP              | BM        |      6642 | NS      | $164721.60    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Allied Properties Real Estate Investment Trust | Allied Properties Real Estate Investment Trust                      | CUSIP: 019456102<br>LEI: 549300AMZMPKVHA0MY77 | Long             | EC               |  | CA        |      9014 | NS      | $134332.37    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldwin Inc                                    | Goldwin Inc                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     10185 | NS      | $173266.28    | 0.83%             |  |  |  | No            |                  2 | On Loan: No      |
| DiscoverIE Group PLC                           | DiscoverIE Group PLC                                                | CUSIP: 000000000<br>LEI: 213800BMDLQU1VEEAN68 | Long             | EC               | CORP              | GB        |     16700 | NS      | $133372.24    | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Lamar Advertising Co                           | Lamar Advertising Co                                                | CUSIP: 512816109<br>LEI: 529900Y8WW4MKVPTB543 | Long             | EC               |  | US        |      1524 | NS      | $186568.08    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHSTATE BANK CORP                           | SOUTHSTATE BANK CORP                                                | CUSIP: 84472E102<br>LEI: 549300JZUANXM0YQ4W53 | Long             | EC               | CORP              | US        |      2874 | NS      | $284152.38    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| John Wiley & Sons Inc                          | John Wiley & Sons Inc                                               | CUSIP: 968223206<br>LEI: 5493003XM719UN7E8P64 | Long             | EC               | CORP              | US        |      2056 | NS      | $83206.32     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Schott Pharma AG & Co KGaA                     | Schott Pharma AG & Co KGaA                                          | CUSIP: 000000000<br>LEI: 529900TU48UE99NHEY88 | Long             | EC               | CORP              | DE        |      3141 | NS      | $78211.05     | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Reply SpA                                      | Reply SpA                                                           | CUSIP: 000000000<br>LEI: 815600DAEFB0388F3521 | Long             | EC               | CORP              | IT        |       911 | NS      | $130040.72    | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Universal Display Corp                         | Universal Display Corp                                              | CUSIP: 91347P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       452 | NS      | $64920.76     | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| JMDC Inc                                       | JMDC Inc                                                            | CUSIP: 000000000<br>LEI: 3538002M2SQV6WJ6MQ67 | Long             | EC               | CORP              | JP        |      4416 | NS      | $133865.35    | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Agnico Eagle Mines Ltd                         | Agnico Eagle Mines Ltd                                              | CUSIP: 008474108<br>LEI: 254900BFJ2DOHPMEXN45 | Long             | EC               | CORP              | CA        |       961 | NS      | $161858.45    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| BE Semiconductor Industries NV                 | BE Semiconductor Industries NV                                      | CUSIP: 000000000<br>LEI: 7245007A1YFLI2GNYX06 | Long             | EC               | CORP              | NL        |       440 | NS      | $65881.47     | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Post Holdings Inc                              | Post Holdings Inc                                                   | CUSIP: 737446104<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | EC               | CORP              | US        |      1174 | NS      | $126181.52    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Data#3 Ltd                                     | Data#3 Ltd                                                          | CUSIP: 000000000<br>LEI: 529900WW6OYX86LFDA80 | Long             | EC               | CORP              | AU        |     23876 | NS      | $145123.15    | 0.69%             |  |  |  | No            |                  2 | On Loan: —       |
| Games Workshop Group PLC                       | Games Workshop Group PLC                                            | CUSIP: 000000000<br>LEI: 213800RP9QJQYGWHNT41 | Long             | EC               | CORP              | GB        |       563 | NS      | $110340.60    | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| ESCO Technologies Inc                          | ESCO Technologies Inc                                               | CUSIP: 296315104<br>LEI: 5493007JJLP5MEWVDH10 | Long             | EC               | CORP              | US        |       780 | NS      | $164665.80    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Diodes Inc                                     | Diodes Inc                                                          | CUSIP: 254543101<br>LEI: 549300XP2X1ARVH3BX23 | Long             | EC               | CORP              | US        |      2906 | NS      | $154628.26    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Badger Meter Inc                               | Badger Meter Inc                                                    | CUSIP: 056525108<br>LEI: 5493002JENE20OGTUG20 | Long             | EC               | CORP              | US        |      1065 | NS      | $190187.70    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| BlueScope Steel Ltd                            | BlueScope Steel Ltd                                                 | CUSIP: 000000000<br>LEI: 529900H6UQI16XACWC95 | Long             | EC               | CORP              | AU        |      3354 | NS      | $50380.03     | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Caris Life Sciences Inc                        | Caris Life Sciences Inc                                             | CUSIP: 142152107<br>LEI: 549300LX5LO78M5VPY43 | Long             | EC               | CORP              | US        |      2223 | NS      | $67245.75     | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| CAR Group Ltd                                  | CAR Group Ltd                                                       | CUSIP: 000000000<br>LEI: 5299009TFWZGH2AN7D11 | Long             | EC               | CORP              | AU        |      8161 | NS      | $198481.84    | 0.95%             |  |  |  | No            |                  2 | On Loan: No      |
| IPSOS SA                                       | IPSOS SA                                                            | CUSIP: 000000000<br>LEI: 9695002OY2X35E9X8W87 | Long             | EC               | CORP              | FR        |      3614 | NS      | $161478.76    | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Volution Group PLC                             | Volution Group PLC                                                  | CUSIP: 000000000<br>LEI: 213800EPT84EQCDHO768 | Long             | EC               | CORP              | GB        |     18830 | NS      | $160401.41    | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Zegona Communications plc                      | Zegona Communications plc                                           | CUSIP: 000000000<br>LEI: 213800ASI1VZL2ED4S65 | Long             | EC               | CORP              | GB        |      8696 | NS      | $144092.91    | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Bright Horizons Family Solutions Inc           | Bright Horizons Family Solutions Inc                                | CUSIP: 109194100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1168 | NS      | $126809.76    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| IMCD NV                                        | IMCD NV                                                             | CUSIP: 000000000<br>LEI: 724500NSJPNFJPDAUP02 | Long             | EC               | CORP              | NL        |      1384 | NS      | $143448.12    | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Descartes Systems Group Inc/The                | Descartes Systems Group Inc/The                                     | CUSIP: 249906108<br>LEI: 875500NEPA7JI5EOMN45 | Long             | EC               | CORP              | CA        |      1537 | NS      | $144721.19    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Exchange Group Inc                       | Japan Exchange Group Inc                                            | CUSIP: 000000000<br>LEI: 353800578ADEGIJTVW07 | Long             | EC               | CORP              | JP        |      9726 | NS      | $108609.96    | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| APERAM SA                                      | APERAM SA                                                           | CUSIP: 000000000<br>LEI: 5493001136GE6L4R7M63 | Long             | EC               | CORP              | LU        |       273 | NS      | $8911.11      | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Wise PLC                                       | Wise PLC                                                            | CUSIP: 000000000<br>LEI: 213800LD9XCHIC1C4V71 | Long             | EC               | CORP              | GB        |      9861 | NS      | $137465.25    | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| AptarGroup Inc                                 | AptarGroup Inc                                                      | CUSIP: 038336103<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | EC               | CORP              | US        |      2293 | NS      | $306482.38    | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Topicus.com Inc                                | Topicus.com Inc                                                     | CUSIP: 89072T102<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |       778 | NS      | $83435.01     | 0.40%             |  |  |  | No            |                  1 | On Loan: —       |
| Hoshino Resorts REIT Inc                       | Hoshino Resorts REIT Inc                                            | CUSIP: 000000000<br>LEI: 353800DF2MUZWFL4IL56 | Long             | EC               |  | JP        |       121 | NS      | $220392.62    | 1.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Riken Keiki Co Ltd                             | Riken Keiki Co Ltd                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      4866 | NS      | $102545.87    | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Babcock International Group PLC                | Babcock International Group PLC                                     | CUSIP: 000000000<br>LEI: 213800TSKOLX4EU6L377 | Long             | EC               | CORP              | GB        |     16761 | NS      | $301538.40    | 1.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Domino's Pizza Inc                             | Domino's Pizza Inc                                                  | CUSIP: 25754A201<br>LEI: 25490005ZWM1IF9UXU57 | Long             | EC               | CORP              | US        |       348 | NS      | $150235.08    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Asahi Intecc Co Ltd                            | Asahi Intecc Co Ltd                                                 | CUSIP: 000000000<br>LEI: 353800J3AV2SCNIO8L39 | Long             | EC               | CORP              | JP        |      5673 | NS      | $92188.25     | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Cincinnati Financial Corp                      | Cincinnati Financial Corp                                           | CUSIP: 172062101<br>LEI: 254900Q4WEDMZBOZ0002 | Long             | EC               | CORP              | US        |      1346 | NS      | $212802.60    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| NiSource Inc                                   | NiSource Inc                                                        | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |      2242 | NS      | $97078.60     | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Hayward Holdings Inc                           | Hayward Holdings Inc                                                | CUSIP: 421298100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5968 | NS      | $90236.16     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Chemed Corp                                    | Chemed Corp                                                         | CUSIP: 16359R103<br>LEI: 54930020031IDJT2IM79 | Long             | EC               | CORP              | US        |       519 | NS      | $232377.06    | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Bath & Body Works Inc                          | Bath & Body Works Inc                                               | CUSIP: 070830104<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | EC               | CORP              | US        |      2411 | NS      | $62107.36     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Makita Corp                                    | Makita Corp                                                         | CUSIP: 000000000<br>LEI: 529900CDR9E94BCM6294 | Long             | EC               | CORP              | JP        |      3198 | NS      | $103651.62    | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| CCC Intelligent Solutions Holdings Inc         | CCC Intelligent Solutions Holdings Inc                              | CUSIP: 12510Q100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21766 | NS      | $198288.26    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Diploma PLC                                    | Diploma PLC                                                         | CUSIP: 000000000<br>LEI: 2138008OGI7VYG8FGR19 | Long             | EC               | CORP              | GB        |      3288 | NS      | $235342.40    | 1.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                       | Morgan Stanley Institutional Liquidity Funds - Government Portfolio | CUSIP: 61747C707<br>LEI: 549300BI6Y5SI6BYPB26 | Long             | STIV             | RF                | US        |    545604 | NS      | $545604.38    | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Moncler SpA                                    | Moncler SpA                                                         | CUSIP: 000000000<br>LEI: 815600EBD7FB00525B20 | Long             | EC               | CORP              | IT        |      2032 | NS      | $119590.04    | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Allegro MicroSystems Inc                       | Allegro MicroSystems Inc                                            | CUSIP: 01749D105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3096 | NS      | $90403.20     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Novanta Inc                                    | Novanta Inc                                                         | CUSIP: 67000B104<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |       825 | NS      | $82623.75     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Euronext NV                                    | Euronext NV                                                         | CUSIP: 000000000<br>LEI: 724500QJ4QSZ3H9QU415 | Long             | EC               | CORP              | NL        |      1186 | NS      | $177557.86    | 0.85%             |  |  |  | Yes           |                  2 | On Loan: No      |
| LPL Financial Holdings Inc                     | LPL Financial Holdings Inc                                          | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |       345 | NS      | $114778.05    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Cranswick PLC                                  | Cranswick PLC                                                       | CUSIP: 000000000<br>LEI: 549300LDZLPU51XOSK43 | Long             | EC               | CORP              | GB        |      1746 | NS      | $118030.13    | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Savills PLC                                    | Savills PLC                                                         | CUSIP: 000000000<br>LEI: 213800WXICGMBWHTA933 | Long             | EC               | CORP              | GB        |      8969 | NS      | $115323.19    | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Euronet Worldwide Inc                          | Euronet Worldwide Inc                                               | CUSIP: 298736109<br>LEI: YG3575C4DSHJPA5KET68 | Long             | EC               | CORP              | US        |      2114 | NS      | $185630.34    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Chiba Bank Ltd/The                             | Chiba Bank Ltd/The                                                  | CUSIP: 000000000<br>LEI: FGJPAKKCTZVSKZXNBS63 | Long             | EC               | CORP              | JP        |     11702 | NS      | $122665.63    | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Clearwater Analytics Holdings Inc              | Clearwater Analytics Holdings Inc                                   | CUSIP: 185123106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1730 | NS      | $31174.60     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| BFF Bank SpA                                   | BFF Bank SpA                                                        | CUSIP: 000000000<br>LEI: 815600522538355AE429 | Long             | EC               | CORP              | IT        |     10017 | NS      | $128693.85    | 0.61%             |  |  |  | Yes           |                  2 | On Loan: No      |
| IDACORP Inc                                    | IDACORP Inc                                                         | CUSIP: 451107106<br>LEI: N134NUJDWN8UEFA8B673 | Long             | EC               | CORP              | US        |       763 | NS      | $100830.45    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Quaker Chemical Corp                           | Quaker Chemical Corp                                                | CUSIP: 747316107<br>LEI: 549300PJQ1R3WCWCPS54 | Long             | EC               | CORP              | US        |      1350 | NS      | $177862.50    | 0.85%             |  |  |  | No            |                  1 | On Loan: —       |
| CBIZ Inc                                       | CBIZ Inc                                                            | CUSIP: 124805102<br>LEI: 529900D5X8CFM8O1N813 | Long             | EC               | CORP              | US        |      5223 | NS      | $276610.08    | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Neurocrine Biosciences Inc                     | Neurocrine Biosciences Inc                                          | CUSIP: 64125C109<br>LEI: 549300FECER0XBN49756 | Long             | EC               | CORP              | US        |      1576 | NS      | $221238.88    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ON Semiconductor Corp                          | ON Semiconductor Corp                                               | CUSIP: 682189105<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | EC               | CORP              | US        |      2549 | NS      | $125691.19    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Kotobuki Spirits Co Ltd                        | Kotobuki Spirits Co Ltd                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     13387 | NS      | $163996.02    | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| White Mountains Insurance Group Ltd            | White Mountains Insurance Group Ltd                                 | CUSIP: 000000000<br>LEI: 549300N3FL068JERBG02 | Long             | EC               | CORP              | BM        |       129 | NS      | $215626.08    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinsale Capital Group Inc                      | Kinsale Capital Group Inc                                           | CUSIP: 49714P108<br>LEI: 529900QTUQHNZ6HOA508 | Long             | EC               | CORP              | US        |       310 | NS      | $131830.60    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| NVR Inc                                        | NVR Inc                                                             | CUSIP: 62944T105<br>LEI: 529900RWXR4JI3JYTV70 | Long             | EC               | CORP              | US        |        17 | NS      | $136589.22    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Church & Dwight Co Inc                         | Church & Dwight Co Inc                                              | CUSIP: 171340102<br>LEI: POOXSI30AWAQGYJZC921 | Long             | EC               | CORP              | US        |       950 | NS      | $83248.50     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Certara Inc                                    | Certara Inc                                                         | CUSIP: 15687V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5029 | NS      | $61454.38     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| EastGroup Properties Inc                       | EastGroup Properties Inc                                            | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               |  | US        |       952 | NS      | $161135.52    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Commerce Bancshares Inc/MO                     | Commerce Bancshares Inc/MO                                          | CUSIP: 200525103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6323 | NS      | $377862.48    | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Hexcel Corp                                    | Hexcel Corp                                                         | CUSIP: 428291108<br>LEI: S6Q7LW43WUBUHXY2QP69 | Long             | EC               | CORP              | US        |      2684 | NS      | $168286.80    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| BayCurrent Inc                                 | BayCurrent Inc                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      2309 | NS      | $135692.91    | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Wyndham Hotels & Resorts Inc                   | Wyndham Hotels & Resorts Inc                                        | CUSIP: 98311A105<br>LEI: 549300FE3MQ4RVXXC673 | Long             | EC               | CORP              | US        |      2935 | NS      | $234506.50    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Thule Group AB                                 | Thule Group AB                                                      | CUSIP: 000000000<br>LEI: 549300XHHOGBOERKU333 | Long             | EC               | CORP              | SE        |      3897 | NS      | $95890.30     | 0.46%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Performance Food Group Co                      | Performance Food Group Co                                           | CUSIP: 71377A103<br>LEI: 549300EUK8GR9IT1YK57 | Long             | EC               | CORP              | US        |      3118 | NS      | $324396.72    | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Steven Madden Ltd                              | Steven Madden Ltd                                                   | CUSIP: 556269108<br>LEI: 549300Z9GZ7GYJWSGF43 | Long             | EC               | CORP              | US        |      5183 | NS      | $173526.84    | 0.83%             |  |  |  | No            |                  1 | On Loan: —       |
| Equity LifeStyle Properties Inc                | Equity LifeStyle Properties Inc                                     | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               |  | US        |      3261 | NS      | $197942.70    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Relo Group Inc                                 | Relo Group Inc                                                      | CUSIP: 000000000<br>LEI: 353800T595XRZDA8IB59 | Long             | EC               | CORP              | JP        |     17730 | NS      | $213803.10    | 1.02%             |  |  |  | No            |                  2 | On Loan: No      |
| KBC Ancora                                     | KBC Ancora                                                          | CUSIP: 000000000<br>LEI: 549300I4XZ0RR3ZOSZ55 | Long             | EC               | CORP              | BE        |      1787 | NS      | $142028.61    | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Royalty Pharma PLC                             | Royalty Pharma PLC                                                  | CUSIP: 000000000<br>LEI: 549300FGFN7VOK8BZR03 | Long             | EC               | CORP              | GB        |      5398 | NS      | $190441.44    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| AAON Inc                                       | AAON Inc                                                            | CUSIP: 000360206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1417 | NS      | $132404.48    | 0.63%             |  |  |  | No            |                  1 | On Loan: —       |
| Graco Inc                                      | Graco Inc                                                           | CUSIP: 384109104<br>LEI: 4T5VJ4S81BRT6Q7GGT78 | Long             | EC               | CORP              | US        |      2869 | NS      | $243750.24    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| JTC PLC                                        | JTC PLC                                                             | CUSIP: 000000000<br>LEI: 213800DVUG4KLF2ASK33 | Long             | EC               | CORP              | JE        |      9176 | NS      | $163466.59    | 0.78%             |  |  |  | Yes           |                  2 | On Loan: No      |
| CSW Industrials Inc                            | CSW Industrials Inc                                                 | CUSIP: 126402106<br>LEI: 549300SYOEO3RVQ7FB83 | Long             | EC               | CORP              | US        |       999 | NS      | $242507.25    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| SPS Commerce Inc                               | SPS Commerce Inc                                                    | CUSIP: 78463M107<br>LEI: 2549006XVF9GCCETDQ72 | Long             | EC               | CORP              | US        |      1080 | NS      | $112471.20    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Supermarket Income Reit PLC                    | Supermarket Income Reit PLC                                         | CUSIP: 000000000<br>LEI: 2138007FOINJKAM7L537 | Long             | EC               |  | GB        |    101059 | NS      | $106777.73    | 0.51%             |  |  |  | No            |                  2 | On Loan: —       |

### Signature

**Date Signed:** 2025-10-17

**Name of Applicant:** Calvert Management Series

**Signature:** James Kirchner

**Name of Signer:** James Kirchner

**Title:** Treasurer