Background-Reductions in heart rate (HR) with beta-blocker therapy have been associated with improvements in ejection fraction (EF). However, the relative contributions of HR reduction, positive inotropism, afterload reduction, and reverse remodeling to improvements in EF are unknown. Methods and Results-Twenty-nine patients (63 +/- 12 years old) with New York Heart Association class II-III heart failure underwent serial measurements of left ventricular volumes using 3-dimensional echocardiography and blood pressures by sphygmomanometry at baseline, 2 weeks, 2, 6, and 12 months after initiation of carvedilol. From these parameters, left ventricular contractility (indexed by the end-systolic pressure-volume ratio), total peripheral resistance, and effective arterial elastance (E-a) were derived. Overall, EF increased by 7-percentage points after 6 months of therapy (from 25 +/- 9 to 32 +/- 9, P<0.0001). This change was due to an increase in stroke volume (P<0.001) with no significant change in end-diastolic volume (P=0.15). The EF change correlated with increased contractility, decreased HR and decreased total peripheral resistance (P<0.003 in each case). In those patients whose EF increased at least 5 points, approximate to 60% of the increase was due to HR reduction, approximate to 30% was due to increased contractility, and <20% was due to the decrease in total peripheral resistance. Conclusions-Decreased HR, improved chamber contractility and afterload reduction each contributed significantly to improved EF with carvedilol. (Circ Heart Fail. 2009;2:189-196.)