It has come to the knowledge in the recent days that according to an extensive research base study the Calvert Short Duration Income Fund (A) has been ranked #1 in the midst of 138 funds since its inception. On the other hand it has been positioned as #23 out of 232 funds for one year, #11 out of 195 funds for three years, and #1 out of 142 funds for five years in the Lipper Short Investment Grade Debt Funds category based on total return for periods ended that ended on 6/30/07.

Calvert, in the contemporary age happens to be one of the largest socially responsible mutual fund firms in the entire nation with an asset of $15 billion approximately under management. The Company in accordance with this proffers forty-two funds which in its turn consents to individual and institutional investors for the pursuing of a broad range of investment objectives within a single fund family. In addition, the Calvert has also launched the Calvert Social Index(R), which has been regarded for its efficiency as a benchmark for the measurement of the performance of large, U.S.-based socially responsible companies. To its credit Calvert has a wide-ranging effectual category of award winning fixed income mutual funds in conjunction with its ongoing equity funds.

It is to be noted, that the Calvert Short Duration Income Fund's significant position in the very Lipper category in this rapidly fluctuating period, in the gamut of international business is not any trivial issue. For the benefit of the readers from the June 2004 the Fund has been firm through 17 successive increases in short-term rates by the Federal Reserve. Even now when there is speculation that the   longer-term bonds are rising, the Fund has been able to maintain its foremost position among its Lipper peers.  But what is the real reason behind this enduring success? It has been found that two major reasons behind the perpetual triumph has been its relative-value strategy and the managers' agile approach to the rapid changes in the yield curve, through the proper identification and steadfast pursuing of the differentiation between interest rates corresponding to price for short- and long-term bonds.     

Speaking on the occasion Greg Habeeb, the Senior Vice President of Calvert and Head of Taxable Bond Funds said,   "We're able to find enough day-to-day investment opportunities for our portfolios. This is our specialty – we find opportunities in any kind of market, strong or otherwise."