| Fund Prices as of 9/3/2010 |
Return (as of 9/3/2010) |
|
|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Share Class | Price | $ Change | % Change | YTD | QTD | 1 yr | 3 yrs | 5 yrs | 10 yrs | Since Inception | Inception | ||
|
A Shares (3.75% Charge) |
17.21 | -0.02 | -0.12 | 2.98 | -2.19 | 4.91 | n/a | n/a | n/a | 6.83 | 12/31/2008 | ||
|
A Shares (No Charge) |
16.56 | -0.02 | -0.12 | 6.99 | 1.62 | 8.99 | n/a | n/a | n/a | 9.30 | 12/31/2008 | ||
|
A Shares (3.75% Charge) |
27.92 | 0.06 | 0.21 | 4.85 | 0.35 | 14.63 | 4.15 | 4.54 | n/a | 5.45 | 7/9/2001 | ||
|
A Shares (No Charge) |
26.87 | 0.05 | 0.19 | 8.95 | 4.25 | 19.11 | 5.49 | 5.35 | n/a | 5.89 | 7/9/2001 | ||
|
A Shares (3.75% Charge) |
16.59 | -0.02 | -0.12 | 1.74 | -1.47 | 6.19 | 2.58 | 2.93 | 5.66 | 8.29 | 10/12/1982 | ||
|
A Shares (No Charge) |
15.97 | -0.02 | -0.13 | 5.70 | 2.34 | 10.36 | 3.90 | 3.72 | 6.06 | 8.44 | 10/12/1982 | ||
|
A Shares (3.75% Charge) |
18.46 | -0.03 | -0.16 | 5.23 | -0.31 | 10.85 | 11.30 | 8.28 | n/a | 8.52 | 12/31/2004 | ||
|
A Shares (No Charge) |
17.77 | -0.03 | -0.17 | 9.35 | 3.59 | 15.17 | 12.72 | 9.10 | n/a | 9.25 | 12/31/2004 | ||
| Fund Prices as of 9/3/2010 |
Return (as of 9/3/2010) |
|
|||||||||||
| Share Class | Price | $ Change | % Change | YTD | QTD | 1 yr | 3 yrs | 5 yrs | 10 yrs | Since Inception | Inception | ||
|
A Shares (2.75% Charge) |
17.04 | -0.01 | -0.06 | 0.36 | -1.21 | 2.95 | 4.69 | 4.68 | n/a | 5.70 | 1/31/2002 | ||
|
A Shares (No Charge) |
16.57 | -0.01 | -0.06 | 3.19 | 1.56 | 5.86 | 5.66 | 5.27 | n/a | 6.04 | 1/31/2002 | ||
|
A Shares (2.75% Charge) |
54.64 | -0.04 | -0.07 | -0.14 | -1.57 | 0.44 | 3.21 | 3.40 | 3.58 | 3.77 | 4/3/2000 | ||
|
A Shares (No Charge) |
53.14 | -0.04 | -0.08 | 2.69 | 1.21 | 3.28 | 4.18 | 3.98 | 3.87 | 4.05 | 4/3/2000 | ||
|
A Shares (3.75% Charge) |
16.63 | -0.01 | -0.06 | 0.71 | -0.78 | 2.20 | 2.27 | 2.17 | 4.07 | 6.28 | 8/23/1983 | ||
|
A Shares (No Charge) |
16.01 | -0.01 | -0.06 | 4.64 | 3.09 | 6.20 | 3.59 | 2.96 | 4.47 | 6.42 | 8/23/1983 | ||
|
A Shares (1.25% Charge) |
15.96 | 0.00 | 0.00 | 0.42 | -0.38 | 2.46 | 4.54 | n/a | n/a | 4.35 | 10/31/2006 | ||
|
A Shares (No Charge) |
15.76 | 0.00 | 0.00 | 1.70 | 0.89 | 3.79 | 4.99 | n/a | n/a | 4.70 | 10/31/2006 | ||
| Fund Prices as of 9/3/2010 |
Return (as of 9/3/2010) |
|
|||||||||||
| Share Class | Price | $ Change | % Change | YTD | QTD | 1 yr | 3 yrs | 5 yrs | 10 yrs | Since Inception | Inception | ||
|
A Shares (3.75% Charge) |
16.53 | -0.04 | -0.24 | 2.79 | -1.32 | 6.32 | 4.13 | 3.95 | 5.98 | 6.99 | 8/24/1987 | ||
|
A Shares (No Charge) |
15.91 | -0.04 | -0.25 | 6.79 | 2.52 | 10.43 | 5.47 | 4.76 | 6.39 | 7.16 | 8/24/1987 | ||
| The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than the performance data quoted. Indices reflect no deductions for fees or expenses. An investor cannot invest directly in an index. |
| Fund Expenses (from Prospectus) (Performance data quoted above already reflects deduction for Fund operating expenses) |
|||
|---|---|---|---|
| Fund | Expense Ratio (if no waiver reimbursement in effect) |
Net Expense Ratio (if waiver reimbursement in effect) |
Gross Expense Ratio (if waiver reimbursement in effect) |
| Calvert Government Fund - A Shares (CGVAX) | n/a | 1.04% | 5.67% |
| Calvert High Yield Bond Fund - A Shares (CYBAX) | n/a | 1.65% | 2.30% |
| Calvert Income Fund - A Shares (CFICX) | 1.24% | n/a | n/a |
| Calvert Long-Term Income Fund - A Shares (CLDAX) | n/a | 1.25% | 1.46% |
| Calvert Short Duration Income Fund - A Shares (CSDAX) | n/a | 1.08% | 1.19% |
| Calvert Short-Term Government Fund - A Shares (CTGAX) | n/a | 0.98% | 2.54% |
| Calvert Tax-Free Bond Fund - A Shares (CTTLX) | 0.92% | n/a | n/a |
| Calvert Ultra-Short Income Fund - A Shares (CULAX) | n/a | 0.89% | 1.26% |
| CSIF Bond Portfolio - A Shares (CSIBX) | 1.15% | n/a | n/a |
Important Performance Disclosure |
| Class A and Class I shares of Calvert High Yield Bond Fund, a series of Summit Mutual Funds, Inc. (“SMF Calvert High Yield Bond Fund”), were reorganized into the Class A and Class I shares, respectively, of an identical and newly created series of The Calvert Fund (“TCF”), Calvert High Yield Bond Fund, which commenced operations on September 18, 2009. The performance results prior to September 18, 2009, for Class A and Class I shares of TCF Calvert High Yield Bond Fund reflect the performance of the corresponding shares of SMF Calvert High Yield Bond Fund. In addition, performance results for Class A shares of TCF Calvert High Yield Bond Fund prior to February 1, 2007, the inception date for Class A shares of SMF Calvert High Yield Bond Fund, reflect the performance of Class I shares of SMF Calvert High Yield Bond Fund, adjusted for the 12b-1 distribution fees applicable to Class A. |
| Class A and Class I shares of Calvert Short-Term Government Fund, a series of Summit Mutual Funds, Inc. (“SMF Calvert Short-Term Government Fund”), were reorganized into the Class A and Class I shares, respectively, of an identical and newly created series of The Calvert Fund (“TCF”), Calvert Short-Term Government Fund, which commenced operations on September 18, 2009. The performance results prior to September 18, 2009, for Class A and Class I shares of TCF Calvert Short-Term Government Fund reflect the performance of the corresponding shares of SMF Calvert Short-Term Government Fund. In addition, performance results for Class A shares of TCF Calvert Short-Term Government Fund prior to February 1, 2007, the inception date for Class A shares of SMF Calvert Short-Term Government Fund, reflect the performance of Class I shares of SMF Calvert Short-Term Government Fund, adjusted for the 12b-1 distribution fees applicable to Class A. |
| Prior to July 13, 2009, the Calvert Tax-Free Bond Fund emphasized investments in long-term fixed income securities and the returns shown above are the result of that investment management strategy. At a shareholder meeting held on July 13, 2009, the Fund's "Principal Investment Strategies" were amended to permit the Fund's portfolio manager to manage the Fund as a flexible duration fund without any upper or lower limit on the Fund's average maturity or average duration. The Fund's performance after July 13, 2009 reflects the Fund's new investment management strategy, which will cause the Fund to have, at times, a significantly shorter weighted average maturity and effective duration than it did prior to July 13, 2009. Past performance is no guarantee of future results. |
| Ratings are determined by using S&P, Moody's and Fitch rating services, whose rating categories are reflected above respectively. Bonds rated by all three services are assigned the median rating; if a bond is rated by only two agencies, it is assigned the lowest rating; if it is only rated by one agency, it is assigned that rating. Bonds issued or guaranteed by the U.S. Government are grouped as "Government." If a bond is not rated by any of the aforementioned rating services, it appears in the "Not Rated" category. |
Important Expense Disclosure |
| Calvert has agreed contractually to limit direct net annual operating expenses for Calvert Government Fund through January 31, 2011. This limitation does not limit the acquired fund fees and expenses incurred by a shareholder. Direct net operating expenses for the Fund will not exceed 1.04% for Class A shares and 2.04% for Class C shares of the Fund. Only the Board of Trustees of the Fund may terminate the Fund’s expense cap before the contractual period expires. Under the terms of the contractual expense limitation, operating expenses do not include interest expense, brokerage commissions, extraordinary expenses and taxes. |
| Calvert has agreed contractually to limit direct net annual operating expenses for Calvert High-Yield Bond Fund through January 11, 2011. Direct net operating expenses for the Fund will not exceed 1.65% for Class A shares of the Fund. Under the terms of the contractual expense limitation, operating expenses do not include interest expense, brokerage commissions, extraordinary expenses and taxes. |
| Calvert has agreed contractually to limit direct net annual operating expenses for Calvert Long-Term Income Fund through January 31, 2011. Direct net operating expenses will not exceed 1.25% for Class A shares of the Fund. Only the Board of Trustees of the Fund may terminate the Fund’s expense cap before the contractual period expires. Under the terms of the contractual expense limitation, operating expenses do not include interest expense, brokerage commissions, extraordinary expenses and taxes. |
| Calvert has agreed contractually to limit direct net annual operating expenses for Calvert Short Duration Income Fund through January 31, 2011. Direct net operating expenses will not exceed 1.08% for Class A shares and 0.95% for Class Y shares of the Fund. Only the Board of Trustees of the Fund may terminate the Fund’s expense cap before the contractual period expires. Under the terms of the contractual expense limitation, operating expenses do not include interest expense, brokerage commissions, extraordinary expenses and taxes. |
| Calvert has agreed contractually to limit direct net annual operating expenses for Calvert Short Term Government Fund through January 31, 2011. This limitation does not limit the acquired fund fees and expenses incurred by a shareholder. Direct net operating expenses will not exceed 0.98% for Class A shares of the Fund. The Board of Trustees of the Fund may terminate the Fund's expense cap only for the contractual period after December 12, 2010. Under the terms of the contractual expense limitation, operating expenses do not include interest expense, brokerage commissions, extraordinary expenses and taxes. |
| Calvert has agreed contractually to limit direct net annual operating expenses for Calvert Ultra-Short Income Fund through January 31, 2011. Direct net operating expenses for the Fund will not exceed 0.89% for Class A shares and 0.84% for Class Y shares of the Fund. Only the Board of Trustees of the Fund may terminate the Fund's expense cap before the contractual period expires. Under the terms of the contractual expense limitation, operating expenses do not include interest expense, brokerage commissions, extraordinary expenses and taxes. |
| For Calvert Ultra Short Income Fund, the redemption fee applies to redemptions, including exchanges within seven days of purchase. |
| Management fees include the advisory fee paid by the Fund to the Advisor, and the administrative fee paid by the Fund to Calvert Administrative Services Company, an affiliate of the Advisor. |
| Net expense ratio reflects contractual fee waiver and/or expense reimbursement through January 31, 2011. |
C101 (4/09)
