Calvert Tacks on Value Funds

October 4, 2004 ( - Calvert, a family of socially responsible mutual funds, unveiled two value funds to add to its equity lineup: the Calvert Small Cap Value and the Calvert Mid Cap Value Funds.

A Calvert press release said both funds are managed by Eric McKissack of Channing Capital Management, LLC.   Wendell Mackey, a principal and director of investments for Channing, will serve as co-manager.   McKissack has over 20 years of industry experience, including 16 at Ariel Capital Management in Chicago, where he managed a socially screened, mid-cap value equity fund, the Ariel Appreciation Fund.  

Mackey was formerly Senior Managing Director of Valenzuela Capital Partners, LLC, where he shared responsibility for managing the firm’s assets, research staff, and overall operations.

“The addition of the Calvert Small Cap Value and Mid Cap Value Funds will complement and expand Calvert’s existing equity product line and fulfill an important asset allocation category,”said Steve Falci, Calvert’s Equities Chief Investment Officer of Calvert .