Calvert Mutual Funds Performance

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Fund Prices
as of 5/17/2013		 Return
(as of 5/17/2013)
Average Annual Total Returns
(for period ending 4/30/2013)
Share Class Price $ Change % Change YTD QTD 1 yr 3 yrs 5 yrs 10 yrs Since
Inception		 Inception
Calvert First Government Money Market Fund (FVRXX)
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A Shares
(No Charge) 		1.00 0.00 0.00 0.00 0.00 0.01 0.01 0.32 1.47 n/a 12/7/1976
Calvert Money Market Portfolio (CSIXX)
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A Shares
(No Charge) 		1.00 0.00 0.00 0.00 0.00 0.03 0.02 0.42 1.51 4.26 10/21/1982
Calvert Tax-Free Reserves Money Market Portfolio (CTMXX)
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A Shares
(No Charge) 		1.00 0.00 0.00 0.00 0.00 0.01 0.01 0.24 1.04 3.28 3/4/1981
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. Index reflects no deductions for fees or expenses. An investor cannot invest directly in an index. Visit www.calvert.com to obtain performance data current to the most recent month-end. Returns for periods of less than one year are not annualized.
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 First Government Money Market Fund - O Shares (FVRXX) 0.80% n/a n/a
Calvert Money Market Portfolio - O Shares (CSIXX) 0.84% n/a n/a
Calvert Tax-Free Reserves Money Market Portfolio - O Shares (CTMXX) 0.73% n/a n/a

Important Performance Disclosure

Money market fund yields fluctuate and past performance is not a guarantee of future results. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund. Yield quotation more closely reflects the current earnings of the money market fund than the total return quotation.

C101 (4/09)