The Calvert Conservative Allocation Fund - Class R6 (CAARX) is a mutual fund that aims to provide investors with a conservative investment option. This fund follows a balanced approach, investing in a mix of stocks, bonds, and cash equivalents. It is designed for investors who are looking for a lower risk investment with potential for modest growth. The Class R6 shares of this fund have a lower expense ratio, making it a cost-effective option for investors. Overall, the Calvert Conservative Allocation Fund - Class R6 offers a conservative investment strategy for those seeking a balanced and lower risk portfolio.