Verdicts genuinely change. Free email alert the moment CFOIX's does — no target price to set, unlike "Alert" above.
Whether this fund clears the published standards, and the filings behind that answer. The screen runs first and nothing on the trading side can override it.
Structure, momentum, positioning and levels. Separate from the Sharia verdict above, which this side never overrides.
Calvert Floating-Rate Advantage Fund · Calvert Management Series
112 holdings
This fund holds short positions, so exposure is counted gross — long and short both count as exposure rather than netting off, and the weights below therefore sum to 101% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT At least 8.38% of portfolio weight is in non-compliant holdings — already over the 5% threshold, so the verdict is settled whatever the unmatched 91% turns out to be. Matching more holdings can only raise this share, never lower it.
112 holdings, 14 matched (10% of weight). Portfolio as of 2026-03-31, filed 2026-05-26. Source: SEC Form N-PORT.
0.68% of this portfolio’s income is non-permissible — weighted across holdings, computed over 8% of portfolio weight (12 of 112 holdings). The common approach purifies that proportion of income received — dividends — not of the position’s value. We report the ratio; what to do with it is a question for your own scholar.
Portfolio shares are withheld: coverage is below the floor needed to state one. The holdings themselves are below, because the names are evidence you can check.
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| HUB International Limited | UNSCREENED | 4.22% | no in-house ratios for this holding |
| Charter NEX US Inc | UNSCREENED | 4.02% | no in-house ratios for this holding |
| Jazz Financing Lux Sarl | UNSCREENED | 3.26% | no in-house ratios for this holding |
| CPI HOLDCO B LLC | UNSCREENED | 2.87% | no in-house ratios for this holding |
| Clarios Global LP | UNSCREENED | 2.26% | no in-house ratios for this holding |
| Medline Borrower LP | UNSCREENED | 2.25% | no in-house ratios for this holding |
| Alliant Holdings Intermediate, LLC | UNSCREENED | 2.22% | no in-house ratios for this holding |
| WEC US Holdings Ltd | UNSCREENED | 2.04% | no in-house ratios for this holding |
| Madison IAQ LLC | UNSCREENED | 2.03% | no in-house ratios for this holding |
| AMWINS GROUP INC | UNSCREENED | 2.02% | no in-house ratios for this holding |
| Sedgwick Claims Management Services Inc | UNSCREENED | 1.91% | no in-house ratios for this holding |
| TK Elevator Midco GmbH | UNSCREENED | 1.79% | no in-house ratios for this holding |
| American Airlines, Inc. | UNSCREENED | 1.77% | no in-house ratios for this holding |
| Charter Communications Operating, LLC | UNSCREENED | 1.77% | no in-house ratios for this holding |
| Garda World Security Corporation | UNSCREENED | 1.66% | no in-house ratios for this holding |
| Froneri Lux Finco Sarl | UNSCREENED | 1.63% | no in-house ratios for this holding |
| Prime Security Services Borrower, LLC | UNSCREENED | 1.62% | no in-house ratios for this holding |
| Pacific Dental Services LLC | UNSCREENED | 1.60% | no in-house ratios for this holding |
| Surgery Center Holdings Inc | UNSCREENED | 1.53% | no in-house ratios for this holding |
| Engineered Machinery Holdings Inc | UNSCREENED | 1.48% | no in-house ratios for this holding |
| CUSHMAN & WAKEFIELD US | UNSCREENED | 1.42% | no in-house ratios for this holding |
| AMERICAN AIRLINES/AADVAN | UNSCREENED | 1.41% | no in-house ratios for this holding |
| Epicor Software Corporation | UNSCREENED | 1.40% | no in-house ratios for this holding |
| CNT Holdings I Corp | UNSCREENED | 1.39% | no in-house ratios for this holding |
| MI Windows and Doors LLC | UNSCREENED | 1.35% | no in-house ratios for this holding |
| TEX Terex Corporation | NON_COMPLIANT | 1.34% | AAOIFI37.4% Usmani26.0% Dow Jones Islamic61.8% S&P Shariah65.1% MSCI Islamic26.0% MSCI Islamic M-Series65.1% FTSE Shariah26.0% |
| American Residential Services LLC | UNSCREENED | 1.33% | no in-house ratios for this holding |
| ADT SEC CORP | UNSCREENED | 1.33% | no in-house ratios for this holding |
| OTEX Open Text Corporation | NON_COMPLIANT | 1.27% | AAOIFI74.5% Usmani45.6% Dow Jones Islamic85.6% S&P Shariah78.8% MSCI Islamic45.6% MSCI Islamic M-Series78.8% FTSE Shariah44.0% |
| CNM Core & Main LP | NON_COMPLIANT | 1.18% | AAOIFI33.9% Usmani41.0% Dow Jones Islamic27.6% S&P Shariah28.8% MSCI Islamic41.0% MSCI Islamic M-Series28.8% FTSE Shariah36.5% |
| Ascend Learning LLC | UNSCREENED | 1.18% | no in-house ratios for this holding |
| USI Inc | UNSCREENED | 1.18% | no in-house ratios for this holding |
| Filtration Group Corporation | UNSCREENED | 1.17% | no in-house ratios for this holding |
| Planet US Buyer LLC | UNSCREENED | 1.12% | no in-house ratios for this holding |
| Spring Education Group Inc | UNSCREENED | 1.11% | no in-house ratios for this holding |
| Greystar Real Estate Partners, LLC | UNSCREENED | 1.10% | no in-house ratios for this holding |
| Avolon TLB Borrower 1 (US) LLC | UNSCREENED | 1.08% | no in-house ratios for this holding |
| MS Morgan Stanley & Co. LLC | NON_COMPLIANT | 1.08% | AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4% |
| WEX WEX Inc | NON_COMPLIANT | 1.04% | AAOIFI56.3% Usmani21.7% Dow Jones Islamic61.0% S&P Shariah53.6% MSCI Islamic21.7% MSCI Islamic M-Series53.6% FTSE Shariah21.7% |
| KKR Apple Bidco LLC | UNSCREENED | 1.03% | no in-house ratios for this holding |
| Imprivata Inc | UNSCREENED | 1.01% | no in-house ratios for this holding |
| Azuria Water Solutions Inc | UNSCREENED | 1.01% | no in-house ratios for this holding |
| AllSpring Buyer LLC | UNSCREENED | 1.01% | no in-house ratios for this holding |
| IRB HOLDING CORP | UNSCREENED | 1.01% | no in-house ratios for this holding |
| Recess Holdings Inc | UNSCREENED | 0.97% | no in-house ratios for this holding |
| AI AQUA MERGER SUB INC | UNSCREENED | 0.95% | no in-house ratios for this holding |
| AEA International Holdings (Lux) S.a.r.l. | UNSCREENED | 0.91% | no in-house ratios for this holding |
| Heritage-Crystal Clean Inc | UNSCREENED | 0.91% | no in-house ratios for this holding |
| Libbey Glass Inc | UNSCREENED | 0.90% | no in-house ratios for this holding |
| Virgin Media Bristol LLC | UNSCREENED | 0.89% | no in-house ratios for this holding |
| Peer Holding III BV | UNSCREENED | 0.84% | no in-house ratios for this holding |
| Aragorn Parent Corporation | UNSCREENED | 0.80% | no in-house ratios for this holding |
| NATL NCR Atleos LLC | NON_COMPLIANT | 0.80% | AAOIFI87.4% Usmani51.8% Dow Jones Islamic111.7% S&P Shariah127.3% MSCI Islamic51.8% MSCI Islamic M-Series127.3% FTSE Shariah49.3% |
| WIRECO WORLDGROUP INC | UNSCREENED | 0.78% | no in-house ratios for this holding |
| PG INVESTMENT COMPANY 59 SA RL | UNSCREENED | 0.77% | no in-house ratios for this holding |
| SGI Somnigroup International Inc | NON_COMPLIANT | 0.77% | AAOIFI39.9% Usmani55.2% Dow Jones Islamic45.0% S&P Shariah52.4% MSCI Islamic55.2% MSCI Islamic M-Series52.4% FTSE Shariah38.0% |
| Fleet Midco I Limited | UNSCREENED | 0.77% | no in-house ratios for this holding |
| Reworld Holding Corp | UNSCREENED | 0.72% | no in-house ratios for this holding |
| Axalta Coating Systems U.S. Holdings, Inc. | UNSCREENED | 0.72% | no in-house ratios for this holding |
| Northstar Group Services Inc | UNSCREENED | 0.70% | no in-house ratios for this holding |
| MRP Buyer LLC | UNSCREENED | 0.69% | no in-house ratios for this holding |
| Crown Equipment Corporation | UNSCREENED | 0.63% | no in-house ratios for this holding |
| Asurion LLC | UNSCREENED | 0.61% | no in-house ratios for this holding |
| Nomad Foods Europe Midco Limited | UNSCREENED | 0.61% | no in-house ratios for this holding |
| SRTA Serta Simmons Bedding LLC | COMPLIANT | 0.59% | AAOIFI0.9% Usmani1.3% Dow Jones Islamic1.2% S&P Shariah1.3% MSCI Islamic1.3% MSCI Islamic M-Series1.3% FTSE Shariah0.0% |
| Hayward Industries Inc | UNSCREENED | 0.57% | no in-house ratios for this holding |
| Crown Subsea Communications Holding,Inc. | UNSCREENED | 0.57% | no in-house ratios for this holding |
| CPM Holdings Inc | UNSCREENED | 0.56% | no in-house ratios for this holding |
| MED ParentCo LP | UNSCREENED | 0.56% | no in-house ratios for this holding |
| Select Medical Corporation | UNSCREENED | 0.56% | no in-house ratios for this holding |
| NEPTUNE BIDCO US INC | UNSCREENED | 0.52% | no in-house ratios for this holding |
| Boots Group Bidco Ltd | UNSCREENED | 0.50% | no in-house ratios for this holding |
| WEX WEX Inc | NON_COMPLIANT | 0.49% | AAOIFI56.3% Usmani21.7% Dow Jones Islamic61.0% S&P Shariah53.6% MSCI Islamic21.7% MSCI Islamic M-Series53.6% FTSE Shariah21.7% |
| PROOFPOINT INC | UNSCREENED | 0.48% | no in-house ratios for this holding |
| DexKo Global Inc | UNSCREENED | 0.43% | no in-house ratios for this holding |
| RANGE RED ACQ LLC (ROBERTSHAW | UNSCREENED | 0.42% | no in-house ratios for this holding |
| WD Walker & Dunlop, Inc. | NON_COMPLIANT | 0.42% | AAOIFI3.6% Usmani1.2% Dow Jones Islamic2.6% S&P Shariah2.4% MSCI Islamic1.2% MSCI Islamic M-Series2.4% FTSE Shariah1.2% |
| Saphilux S.a.r.l. | UNSCREENED | 0.42% | no in-house ratios for this holding |
| TURQUOISE TOPCO LTD | UNSCREENED | 0.41% | no in-house ratios for this holding |
| Level 3 Financing Inc | UNSCREENED | 0.40% | no in-house ratios for this holding |
| CohnReznick LLP | UNSCREENED | 0.39% | no in-house ratios for this holding |
| Range Red Operating, Inc | UNSCREENED | 0.37% | no in-house ratios for this holding |
| SRTA SERTA SIMMONS BEDDING INC | COMPLIANT | 0.36% | AAOIFI0.9% Usmani1.3% Dow Jones Islamic1.2% S&P Shariah1.3% MSCI Islamic1.3% MSCI Islamic M-Series1.3% FTSE Shariah0.0% |
| ABG Intermediate Holdings 2 LLC | UNSCREENED | 0.35% | no in-house ratios for this holding |
| PointClickCare Technologies, Inc. | UNSCREENED | 0.35% | no in-house ratios for this holding |
| Radnet Management Inc | UNSCREENED | 0.35% | no in-house ratios for this holding |
| CIEN Ciena Corporation | COMPLIANT | 0.35% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| Paint Intermediate III LLC | UNSCREENED | 0.28% | no in-house ratios for this holding |
| Monogram Food Solutions LLC | UNSCREENED | 0.27% | no in-house ratios for this holding |
| Cushman & Wakefield U.S. Borrower, LLC | UNSCREENED | 0.27% | no in-house ratios for this holding |
| IMA Financial Group Inc | UNSCREENED | 0.25% | no in-house ratios for this holding |
| LBM Acquisition LLC | UNSCREENED | 0.24% | no in-house ratios for this holding |
| LBM Acquisition LLC | UNSCREENED | 0.23% | no in-house ratios for this holding |
| RealTruck Group Inc | UNSCREENED | 0.12% | no in-house ratios for this holding |
| Range Red Operating, Inc | UNSCREENED | 0.09% | no in-house ratios for this holding |
| MRP Buyer LLC | UNSCREENED | 0.09% | no in-house ratios for this holding |
| COHESITY GLOBAL INC | UNSCREENED | 0.08% | no in-house ratios for this holding |
| SRTA Serta Simmons Bedding LLC | COMPLIANT | 0.06% | AAOIFI0.9% Usmani1.3% Dow Jones Islamic1.2% S&P Shariah1.3% MSCI Islamic1.3% MSCI Islamic M-Series1.3% FTSE Shariah0.0% |
| COHESITY GLOBAL INC | UNSCREENED | 0.05% | no in-house ratios for this holding |
| LG PARENT HOLDCO(LIBBEYGLASS) | UNSCREENED | 0.05% | no in-house ratios for this holding |
| Bright Bidco BV | UNSCREENED | 0.04% | no in-house ratios for this holding |
| CohnReznick LLP | UNSCREENED | 0.02% | no in-house ratios for this holding |
| APEX TOOL GROUP LLC | UNSCREENED | 0.01% | no in-house ratios for this holding |
| SKIL Skillsoft Corp | NON_COMPLIANT | 0.00% | AAOIFI1033.2% Usmani74.8% Dow Jones Islamic499.9% S&P Shariah505.8% MSCI Islamic74.8% MSCI Islamic M-Series505.8% FTSE Shariah74.8% |
| NEW BLACKBOARD, LLC | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Rohm Holding GmbH | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Apex Tool Group LLC | UNSCREENED | 0.00% | no in-house ratios for this holding |
| ORION ADVISOR SOLUTIONS INC | UNSCREENED | 0.00% | no in-house ratios for this holding |
| SERTA SSB EQUIPMENT COMPANY | UNSCREENED | 0.00% | no in-house ratios for this holding |
| AEGLETES B.V. | UNSCREENED | 0.00% | no in-house ratios for this holding |
| APEX TOOL ULTIMATEHOLDINGSLLC | UNSCREENED | 0.00% | no in-house ratios for this holding |
| NEW BLACKBOARD, LLC | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 1 points of portfolio weight — 2.3% of it passes Usmani, 1.0% passes AAOIFI. Which number is yours depends on which standard you follow.
These bars are the financial-ratio result under each standard — debt, receivables and interest income. They do not screen what the business does, so a holding can pass every ratio here and still be questionable or non-compliant on activity. The blended verdict above accounts for both.
ratios pass on 1.0% ratios fail on 8.4% 91.4% not rated under AAOIFI
ratios pass on 2.3% ratios fail on 6.0% 92.5% not rated under Usmani
ratios pass on 2.2% ratios fail on 7.2% 91.4% not rated under Dow Jones Islamic
ratios pass on 2.2% ratios fail on 7.2% 91.4% not rated under S&P Shariah
ratios pass on 2.3% ratios fail on 6.0% 92.5% not rated under MSCI Islamic
ratios pass on 2.2% ratios fail on 7.2% 91.4% not rated under MSCI Islamic M-Series
ratios pass on 2.3% ratios fail on 6.0% 92.5% not rated under FTSE Shariah
11 of 112 listed holdings carry our own per-methodology verdicts (10% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 10 (9% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| TEX Terex Corporation | 1.34% |
| OTEX Open Text Corporation | 1.27% |
| CNM Core & Main LP | 1.18% |
| MS Morgan Stanley & Co. LLC | 1.08% |
| WEX WEX Inc | 1.04% |
| NATL NCR Atleos LLC | 0.80% |
| SGI Somnigroup International Inc | 0.77% |
| WEX WEX Inc | 0.49% |
| WD Walker & Dunlop, Inc. | 0.42% |
| SKIL Skillsoft Corp | 0.00% |
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Calvert Floating-Rate Advantage Fund (CFOIX) is currently considered not halal (non-compliant), per our own look-through to its filed holdings. See its filed holdings and the weight breakdown below for the reasoning.
HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A holding it cannot cover far enough is reported as unrated rather than counted as a pass.
| Holding | Weight | Verdict |
|---|---|---|
| HUB International Limitednot matched to a ticker | 4.22% | Not screened |
| Charter NEX US Incnot matched to a ticker | 4.02% | Not screened |
| Jazz Financing Lux Sarlnot matched to a ticker | 3.26% | Not screened |
| CPI HOLDCO B LLCnot matched to a ticker | 2.87% | Not screened |
| Clarios Global LPnot matched to a ticker | 2.26% | Not screened |
| Medline Borrower LPnot matched to a ticker | 2.25% | Not screened |
| Alliant Holdings Intermediate, LLCnot matched to a ticker | 2.22% | Not screened |
| WEC US Holdings Ltdnot matched to a ticker | 2.04% | Not screened |
| Madison IAQ LLCnot matched to a ticker | 2.03% | Not screened |
| AMWINS GROUP INCnot matched to a ticker | 2.02% | Not screened |
Top 10 of 112 holdings, 27.2% of the fund by weight. Every holding is screened, not only these.
The positions keeping this fund short of 100% compliant by weight.
Verdict history for CFOIX. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
ℹ️ no compliance scan has run for 2 days - this is not a reading of today
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
The questions worth asking about any verdict on this page, answered plainly.
No. HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A fund marketed as Islamic still gets the same look-through as any other.
It is the share of the fund whose holdings HTR cannot cover far enough to rate. It is reported as unrated rather than counted as compliant, because a holding nobody screened should not look like one that passed.
It matters, and it is noted, but it does not replace the look-through. The board's judgement and the holdings screen are shown separately so you can see when they agree and when they do not.
When the fund files new holdings, and on a rolling basis besides. The date on the verdict above is the last time this fund was actually recomputed.
Open research, not a fatwa. HTR applies published screening standards to filings and publishes what they say, including when they disagree. Nothing here is financial advice or a recommendation to buy or sell. Verdicts can change when new filings land.
Same screen, different answers. Comparison is where the standards disagreeing becomes useful rather than confusing.
Peer screening computing — it will appear here on its own.
Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.