# EDGAR Filing Document

**Accession Number:** 0000319676
**File Stem:** 0001410368-26-056098
**Filing Date:** 2026-5
**Character Count:** 28489
**Document Hash:** a3984aff9fee08ec91c4b986b0571f68
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-056098.hdr.sgml**: 20260529

**ACCESSION NUMBER**: 0001410368-26-056098

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260529

**DATE AS OF CHANGE**: 20260529

**PERIOD START**: 20261231

**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:** 261041044

**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 Emerging Markets Focused Growth Fund (Series ID: S000079266)

| Class ID   | Class Name                                            | Ticker Symbol   |
|:---|:---|:---|
| C000240249 | Calvert Emerging Markets Focused Growth Fund Class R6 |  |
| C000240250 | Calvert Emerging Markets Focused Growth Fund Class A  |  |
| C000240251 | Calvert Emerging Markets Focused Growth Fund Class C  |  |
| C000240252 | Calvert Emerging Markets Focused Growth Fund Class I  |  |

## Nport-Ex

Calvert

Emerging Markets Focused Growth Fund

March 31, 2026

Schedule of Investments (Unaudited)

------

Common Stocks — 99.0%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | **Value** |
| Brazil — 17.9% | Brazil — 17.9% |  |
| Banco BTG Pactual SA | 34959 | $379903 |
| Cia de Saneamento Basico do Estado de Sao Paulo SABESP | 7020 | &nbsp;&nbsp; 214455 |
| Itau Unibanco Holding SA, PFC Shares | 27203 | &nbsp;&nbsp; 228344 |
| Localiza Rent a Car SA | 22234 | &nbsp;&nbsp; 201657 |
| Localiza Rent a Car SA, PFC Shares | 3002 | &nbsp;&nbsp; 26248 |
| MercadoLibre, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;91 | &nbsp;&nbsp; 157341 |
|  |  | **$1207948** |
| China — 10.4% | China — 10.4% |  |
| Contemporary Amperex Technology Co. Ltd., Class A | 4150 | &nbsp;&nbsp;$245539 |
| Jiangsu Hengrui Pharmaceuticals Co. Ltd., Class A | 25300 | &nbsp;&nbsp;&nbsp;&nbsp;204447 |
| Tencent Holdings Ltd. | 4050 | &nbsp;&nbsp;&nbsp;&nbsp;255443 |
|  |  | &nbsp;&nbsp;**$705429** |
| India — 25.9% | India — 25.9% |  |
| Apollo Hospitals Enterprise Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;758 | &nbsp;&nbsp;&nbsp;&nbsp;$59883 |
| AU Small Finance Bank Ltd.<sup>(2)</sup> | 15979 | &nbsp;&nbsp;&nbsp;&nbsp;143078 |
| Bajaj Finance Ltd. | 8351 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71457 |
| Bharti Airtel Ltd. | 12244 | &nbsp;&nbsp;&nbsp;&nbsp;232677 |
| Cholamandalam Investment & Finance Co. Ltd. | 13831 | &nbsp;&nbsp;&nbsp;&nbsp;199970 |
| Eternal Ltd.<sup>(1)</sup> | 70059 | &nbsp;&nbsp;&nbsp;&nbsp;172361 |
| Global Health Ltd. | 19184 | &nbsp;&nbsp;&nbsp;&nbsp;195912 |
| HDFC Bank Ltd. | 14210 | &nbsp;&nbsp;&nbsp;&nbsp;111308 |
| HDFC Bank Ltd. ADR | 1999 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49735 |
| ICICI Bank Ltd. | 15518 | &nbsp;&nbsp;&nbsp;&nbsp;199208 |
| Laurus Labs Ltd.<sup>(2)</sup> | 18042 | &nbsp;&nbsp;&nbsp;&nbsp;190353 |
| Mahindra & Mahindra Ltd. | 3965 | &nbsp;&nbsp;&nbsp;&nbsp;124368 |
|  |  | **$1750310** |
| Mexico — 5.9% | Mexico — 5.9% |  |
| Grupo Financiero Banorte SAB de CV, Class O | 35768 | &nbsp;&nbsp;$396056 |
|  |  | &nbsp;&nbsp;**$396056** |
| Peru — 2.7% | Peru — 2.7% |  |
| Credicorp Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;544 | &nbsp;&nbsp;$184514 |
|  |  | &nbsp;&nbsp;**$184514** |
| Poland — 2.3% | Poland — 2.3% |  |
| Budimex SA | &nbsp;&nbsp;&nbsp;&nbsp;859 | &nbsp;&nbsp;$154440 |
|  |  | &nbsp;&nbsp;**$154440** |
| South Africa — 7.4% | South Africa — 7.4% |  |
| OUTsurance Group Ltd. | 41525 | &nbsp;&nbsp;$170730 |
| Standard Bank Group Ltd. | 9252 | &nbsp;&nbsp;&nbsp;&nbsp;167551 |
| Vodacom Group Ltd. | 18733 | &nbsp;&nbsp;&nbsp;&nbsp;160457 |
|  |  | &nbsp;&nbsp;**$498738** |
| South Korea — 4.7% | South Korea — 4.7% |  |
| Hyundai Motor Co. | &nbsp;&nbsp;&nbsp;&nbsp;446 | &nbsp;&nbsp;$137395 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | **Value** |
| South Korea (continued) | South Korea (continued) |  |
| SK Hynix, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;316 | $179287 |
|  |  | **$316682** |
| Taiwan — 21.8% | Taiwan — 21.8% |  |
| Delta Electronics, Inc. | 4950 | $223198 |
| E Ink Holdings, Inc. | 30700 | &nbsp;&nbsp; 133913 |
| eMemory Technology, Inc. | 3055 | &nbsp;&nbsp; 260121 |
| Taiwan Semiconductor Manufacturing Co. Ltd. | 14830 | &nbsp;&nbsp; 857686 |
|  |  | **$1474918** |
| Total Common Stocks<br> (identified cost $5,972,876) |  | **$6689035** |

---

Short-Term Investments — 1.7%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Value** |
| Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 3.57%<sup>(3)</sup> | 115533 | $115533 |
| Total Short-Term Investments<br> (identified cost $115,533) |  | **$115533** |

---

---

| | |
|:---|:---|
| Total Investments — 100.7%<br> (identified cost $6,088,409) | **$6804568** |
| Other Assets, Less Liabilities — (0.7)% | **$(50205)** |
| Net Assets — 100.0% | **$6754363** |

---

---

| | |
|:---|:---|
| The percentage shown for each investment category in the Schedule of Investments is based on net assets. | The percentage shown for each investment category in the Schedule of Investments is based on net assets. |
| <sup>(1)</sup> | Non-income producing security. |
| <sup>(2)</sup> | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be sold in certain transactions in reliance on an exemption from registration (normally to qualified institutional buyers). At March 31, 2026, the aggregate value of these securities is $333,431 or 4.9% of the Fund's net assets. |
| <sup>(3)</sup> | May be deemed to be an affiliated investment company. The rate shown is the annualized seven-day yield as of March 31, 2026. |

---

------

Calvert

Emerging Markets Focused Growth Fund

March 31, 2026

Schedule of Investments (Unaudited) — continued

------

At March 31, 2026, the concentration of the Fund's investments in the various sectors, determined as a percentage of net assets, was as follows:

---

| | |
|:---|:---|
| **Economic Sectors** | &nbsp;&nbsp;**% of Net Assets** |
| Financials | &nbsp;&nbsp;&nbsp;34.1% |
| Information Technology | &nbsp;&nbsp;&nbsp;24.5 |
| Health Care | &nbsp;&nbsp;&nbsp;&nbsp;9.6 |
| Communication Services | &nbsp;&nbsp;&nbsp;&nbsp;9.6 |
| Industrials | &nbsp;&nbsp;&nbsp;&nbsp;9.3 |
| Consumer Discretionary | &nbsp;&nbsp;&nbsp;&nbsp;8.7 |
| Utilities | &nbsp;&nbsp;&nbsp;&nbsp;3.2 |
| **Total** | &nbsp;&nbsp;**99.0%** |

---

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| ADR | – American Depositary Receipt |
| PFC Shares | – Preference Shares |

---

The Fund did not have any open derivative instruments at March 31, 2026.

Affiliated Investments

At March 31, 2026, the value of the Fund's investment in funds that may be deemed to be affiliated was $115,533, which represents 1.7% of the Fund's net assets. Transactions in such investments by the Fund for the fiscal year to date ended March 31, 2026 were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name** | **Value,<br> beginning<br> of period** | **Purchases** | **Sales<br> proceeds** | **Net<br> realized<br> gain<br> (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Value,<br> end of<br> period** | **Dividend<br> income** | **Shares,<br> end of<br> period** |
| **Short-Term Investments** | **Short-Term Investments** | **Short-Term Investments** |  |  |  |  |  |  |
| Liquidity Fund, Institutional Class<sup>(1)</sup> | $460430 | $973856 | $(1318753) | $— | $— | $115533 | $2463 | 115533 |

---

<sup>(1)</sup> Represents investment in Morgan Stanley Institutional Liquidity Funds - Government Portfolio.

Fair Value Measurements

U.S. generally accepted accounting principles (U.S. GAAP) establishes a disclosure hierarchy that categorizes the inputs to valuation techniques used to value assets and liabilities at measurement date. These inputs are summarized in the three broad levels listed below:

Level 1 - quoted prices in active markets for identical securities

Level 2 - other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

Level 3 - significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following table summarizes the market value of the Fund's holdings as of March 31, 2026, based on the inputs used to value them:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;**Total** |
| Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Brazil | &nbsp;&nbsp;$1207948 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$— | &nbsp;&nbsp;$1207948 |
| &nbsp;&nbsp;&nbsp;China | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;705429 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;705429 |
| &nbsp;&nbsp;&nbsp;India | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49735 | &nbsp;&nbsp;&nbsp;&nbsp;1700575 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;1750310 |
| &nbsp;&nbsp;&nbsp;Mexico | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;396056 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;396056 |
| &nbsp;&nbsp;&nbsp;Peru | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184514 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184514 |
| &nbsp;&nbsp;&nbsp;Poland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154440 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154440 |
| &nbsp;&nbsp;&nbsp;South Africa | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;498738 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;498738 |
| &nbsp;&nbsp;&nbsp;South Korea | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;316682 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;316682 |

---

------

Calvert

Emerging Markets Focused Growth Fund

March 31, 2026

Schedule of Investments (Unaudited) — continued

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description (continued)** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;**Total** |
| &nbsp;&nbsp;&nbsp;Taiwan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$1474918 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$1474918 |
| **Total Common Stocks** | &nbsp;&nbsp;**$1838253** | &nbsp;&nbsp;**$4850782<sup>(1)</sup>** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$6689035** |
| Short-Term Investments | &nbsp;&nbsp;&nbsp;$115533 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$115533 |
| **Total Investments** | &nbsp;&nbsp;**$1953786** | &nbsp;&nbsp;**$4850782** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$6804568** |

---

<sup>(1)</sup> Includes foreign equity securities whose values were adjusted to reflect market trading of comparable securities or other correlated instruments that occurred after the close of trading in their applicable foreign markets.

Subsequent Event

In March 2026, the Fund's Trustees approved the liquidation of the Fund. Effective as of the close of business on May 4, 2026, shares of the Fund were no longer available for purchase or exchange. All of the Fund's outstanding shares were redeemed and the Fund was liquidated at the close of business on May 11, 2026.

For information on the Fund's policy regarding the valuation of investments and other significant accounting policies, please refer to the Fund's most recent annual or semi-annual financial statements.

## 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 Emerging Markets Focused Growth Fund

- **b. EDGAR series identifier (if any):** S000079266

- **c. LEI of Series:** 549300JZGAJR0R0BVQ68

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

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**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:** $6836773.55

**Total Liabilities:** $82588.91

**Net Assets:** $6754184.64

**Cash Not Reported:** $298.46

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000240249 | 5.22%                | 4.08%                | -9.08%               |
| Class ID C000240250 | 5.25%                | 4.10%                | -9.11%               |
| Class ID C000240251 | 5.16%                | 4.01%                | -9.12%               |
| Class ID C000240252 | 5.31%                | 4.08%                | -9.08%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $41.14                   | $332949.10                                 |
| Month 2  | $8957.77                 | $290959.22                                 |
| Month 3  | $263128.88               | $-1008471.66                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Grupo Financiero Banorte SAB de CV                     | Grupo Financiero Banorte SAB de CV                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |     35768 | NS      | $396056.31    | 5.86%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC Bank Ltd                                          | HDFC Bank Ltd                                                       | CUSIP: 40415F101<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |      1999 | NS      | $49735.12     | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Budimex SA                                             | Budimex SA                                                          | CUSIP: 000000000<br>LEI: 25940093SDJZW2C1V355 | Long             | EC               | CORP              | PL        |       859 | NS      | $154439.74    | 2.29%             |  |  |  | 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        |    115533 | NS      | $115532.76    | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| MercadoLibre Inc                                       | MercadoLibre Inc                                                    | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |        91 | NS      | $157340.82    | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Mahindra & Mahindra Ltd                                | Mahindra & Mahindra Ltd                                             | CUSIP: 000000000<br>LEI: 3358003B573EV4KB4Z02 | Long             | EC               | CORP              | IN        |      3965 | NS      | $124368.39    | 1.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Delta Electronics Inc                                  | Delta Electronics Inc                                               | CUSIP: 000000000<br>LEI: 529900UVZWNWGDLJSM52 | Long             | EC               | CORP              | TW        |      4950 | NS      | $223197.21    | 3.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Apollo Hospitals Enterprise Ltd                        | Apollo Hospitals Enterprise Ltd                                     | CUSIP: 000000000<br>LEI: 3358005YT7JQCWYLTG43 | Long             | EC               | CORP              | IN        |       758 | NS      | $59883.46     | 0.89%             |  |  |  | No            |                  2 | On Loan: No      |
| Bharti Airtel Ltd                                      | Bharti Airtel Ltd                                                   | CUSIP: 000000000<br>LEI: 335800KQ1FPKOQ84OR26 | Long             | EC               | CORP              | IN        |     12244 | NS      | $232677.36    | 3.44%             |  |  |  | No            |                  2 | On Loan: No      |
| SK hynix Inc                                           | SK hynix Inc                                                        | CUSIP: 000000000<br>LEI: 988400XAIK6XISWQV045 | Long             | EC               | CORP              | KR        |       316 | NS      | $179287.26    | 2.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Hyundai Motor Co                                       | Hyundai Motor Co                                                    | CUSIP: 000000000<br>LEI: 9884004RQX8PRBXQ8S60 | Long             | EC               | CORP              | KR        |       446 | NS      | $137394.92    | 2.03%             |  |  |  | No            |                  2 | On Loan: No      |
| E Ink Holdings Inc                                     | E Ink Holdings Inc                                                  | CUSIP: 000000000<br>LEI: 529900UOR451FJJYL571 | Long             | EC               | CORP              | TW        |     30700 | NS      | $133913.17    | 1.98%             |  |  |  | No            |                  2 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd              | Taiwan Semiconductor Manufacturing Co Ltd                           | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     14830 | NS      | $857686.00    | 12.70%            |  |  |  | No            |                  2 | On Loan: No      |
| AU Small Finance Bank Ltd                              | AU Small Finance Bank Ltd                                           | CUSIP: 000000000<br>LEI: 3358006J6L5P5MWKCU97 | Long             | EC               | CORP              | IN        |     15979 | NS      | $143077.65    | 2.12%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Eternal Ltd                                            | Eternal Ltd                                                         | CUSIP: 000000000<br>LEI: 335800T4VOF9ETHF8W59 | Long             | EC               | CORP              | IN        |     70059 | NS      | $172361.00    | 2.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Global Health Ltd/India                                | Global Health Ltd/India                                             | CUSIP: 000000000<br>LEI: 335800TEDV7GWBKTVO07 | Long             | EC               | CORP              | IN        |     19184 | NS      | $195912.49    | 2.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Standard Bank Group Ltd                                | Standard Bank Group Ltd                                             | CUSIP: 000000000<br>LEI: 2549003PEZXUT7MDBU41 | Long             | EC               | CORP              | ZA        |      9252 | NS      | $167551.23    | 2.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Itau Unibanco Holding SA                               | Itau Unibanco Holding SA                                            | CUSIP: 000000000<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | EP               | CORP              | BR        |     27203 | NS      | $228343.76    | 3.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Localiza Rent a Car SA                                 | Localiza Rent a Car SA                                              | CUSIP: 000000000<br>LEI: 984500C442A7E0CD4D11 | Long             | EC               | CORP              | BR        |     22234 | NS      | $201657.06    | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Cia de Saneamento Basico do Estado de Sao Paulo SABESP | Cia de Saneamento Basico do Estado de Sao Paulo SABESP              | CUSIP: 000000000<br>LEI: 254900UOXRZRS2TNWP19 | Long             | EC               | CORP              | BR        |      7020 | NS      | $214455.01    | 3.18%             |  |  |  | No            |                  1 | On Loan: No      |
| eMemory Technology Inc                                 | eMemory Technology Inc                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      3055 | NS      | $260121.10    | 3.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Vodacom Group Ltd                                      | Vodacom Group Ltd                                                   | CUSIP: 000000000<br>LEI: 37890012A8DC24B8D663 | Long             | EC               | CORP              | ZA        |     18733 | NS      | $160457.38    | 2.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Contemporary Amperex Technology Co Ltd                 | Contemporary Amperex Technology Co Ltd                              | CUSIP: 000000000<br>LEI: 300300KINDY1K0E9I032 | Long             | EC               | CORP              | CN        |      4150 | NS      | $245539.14    | 3.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Cholamandalam Investment and Finance Co Ltd            | Cholamandalam Investment and Finance Co Ltd                         | CUSIP: 000000000<br>LEI: 3358008DNPV45O4EII52 | Long             | EC               | CORP              | IN        |     13831 | NS      | $199969.63    | 2.96%             |  |  |  | No            |                  2 | On Loan: No      |
| HDFC Bank Ltd                                          | HDFC Bank Ltd                                                       | CUSIP: 000000000<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |     14210 | NS      | $111307.51    | 1.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd                                   | Tencent Holdings Ltd                                                | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | KY        |      4050 | NS      | $255442.97    | 3.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Laurus Labs Ltd                                        | Laurus Labs Ltd                                                     | CUSIP: 000000000<br>LEI: 335800S8HO8QRYP3VQ26 | Long             | EC               | CORP              | IN        |     18042 | NS      | $190352.58    | 2.82%             |  |  |  | Yes           |                  2 | On Loan: No      |
| OUTsurance Group Ltd                                   | OUTsurance Group Ltd                                                | CUSIP: 000000000<br>LEI: 984500AC307E8L2D9X52 | Long             | EC               | CORP              | ZA        |     41525 | NS      | $170729.75    | 2.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Jiangsu Hengrui Pharmaceuticals Co Ltd                 | Jiangsu Hengrui Pharmaceuticals Co Ltd                              | CUSIP: 000000000<br>LEI: 2549003BT1XS3SE3E448 | Long             | EC               | CORP              | CN        |     25300 | NS      | $204447.04    | 3.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Localiza Rent a Car SA                                 | Localiza Rent a Car SA                                              | CUSIP: 000000000<br>LEI: 984500C442A7E0CD4D11 | Long             | EP               | CORP              | BR        |      3002 | NS      | $26247.98     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| ICICI Bank Ltd                                         | ICICI Bank Ltd                                                      | CUSIP: 000000000<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |     15518 | NS      | $199208.46    | 2.95%             |  |  |  | No            |                  2 | On Loan: No      |
| Bajaj Finance Ltd                                      | Bajaj Finance Ltd                                                   | CUSIP: 000000000<br>LEI: 335800YTEXC3DO4Z6F68 | Long             | EC               | CORP              | IN        |      8351 | NS      | $71456.82     | 1.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco BTG Pactual SA                                   | Banco BTG Pactual SA                                                | CUSIP: 000000000<br>LEI: ZXLTQRYIK6IJH3R0IK66 | Long             | EC               | CORP              | BR        |     34959 | NS      | $379903.30    | 5.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Credicorp Ltd                                          | Credicorp Ltd                                                       | CUSIP: 000000000<br>LEI: 529900UYAEYQCQ2BKB17 | Long             | EC               | CORP              | BM        |       544 | NS      | $184513.92    | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-28

**Name of Applicant:** Calvert Management Series

**Signature:** James Kirchner

**Name of Signer:** James Kirchner

**Title:** Treasurer