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  <cf2:SupplementTextBlock contextRef="Duration_01Feb2011_31Jan2012S000005148_MemberRetail_Member">&lt;div style="padding-left: 0%; padding-right: 0%"&gt;&lt;p style="text-align: center"&gt;&lt;b&gt;SUPPLEMENT TO&lt;/b&gt;&lt;/p&gt;  &lt;p style="text-align: center"&gt;&lt;b&gt;CALVERT INCOME FUNDS PROSPECTUS (CLASS A, B, C, O AND Y)&lt;br/&gt;&amp;nbsp;DATED JANUARY 31, 2012, AS REVISED APRIL 27, 2012 &lt;br/&gt;Calvert Income Fund &lt;br/&gt;Calvert Short Duration Income Fund &lt;br/&gt;Calvert Long-Term Income Fund &lt;br/&gt;Calvert Ultra-Short Income Fund &lt;br/&gt;Calvert Government Fund &lt;br/&gt;Calvert High Yield Bond Fund&lt;/b&gt;&lt;/p&gt;&lt;p style="text-align: center"&gt;&lt;b&gt;Date of Supplement: November 1, 2012&lt;/b&gt;&lt;/p&gt;&lt;p style="text-align: left"&gt;After the last paragraph in the section &amp;#8220;Investments, Risks and Performance &amp;#8211; Principal Investment Strategies&amp;#8221; in each Fund Summary (Portfolio Summary for Calvert VP Income Portfolio), insert the following:&lt;/p&gt;&lt;p style="text-align: left"&gt;&lt;i&gt;Tobacco Exclusion. &lt;/i&gt;The Fund seeks to avoid investing in companies classified under the tobacco industry sector of the Barclays Global Aggregate Index, the Barclays U.S. High Yield Index or the Barclays Global Emerging Market Index; or, in the opinion of the Fund&amp;#8217;s Advisor, any similar securities in the Barclays Municipal Index.&lt;/p&gt;&lt;/div&gt;</cf2:SupplementTextBlock>
  <cf2:SupplementTextBlock contextRef="Duration_01Feb2011_31Jan2012S000005150_MemberRetail_Member">&lt;div style="padding-left: 0%; padding-right: 0%"&gt;&lt;p style="text-align: center"&gt;&lt;b&gt;SUPPLEMENT TO&lt;/b&gt;&lt;/p&gt;  &lt;p style="text-align: center"&gt;&lt;b&gt;CALVERT INCOME FUNDS PROSPECTUS (CLASS A, B, C, O AND Y)&lt;br/&gt;&amp;nbsp;DATED JANUARY 31, 2012, AS REVISED APRIL 27, 2012 &lt;br/&gt;Calvert Income Fund &lt;br/&gt;Calvert Short Duration Income Fund &lt;br/&gt;Calvert Long-Term Income Fund &lt;br/&gt;Calvert Ultra-Short Income Fund &lt;br/&gt;Calvert Government Fund &lt;br/&gt;Calvert High Yield Bond Fund&lt;/b&gt;&lt;/p&gt;&lt;p style="text-align: center"&gt;&lt;b&gt;Date of Supplement: November 1, 2012&lt;/b&gt;&lt;/p&gt;&lt;p style="text-align: left"&gt;After the last paragraph in the section &amp;#8220;Investments, Risks and Performance &amp;#8211; Principal Investment Strategies&amp;#8221; in each Fund Summary (Portfolio Summary for Calvert VP Income Portfolio), insert the following:&lt;/p&gt;&lt;p style="text-align: left"&gt;&lt;i&gt;Tobacco Exclusion. &lt;/i&gt;The Fund seeks to avoid investing in companies classified under the tobacco industry sector of the Barclays Global Aggregate Index, the Barclays U.S. High Yield Index or the Barclays Global Emerging Market Index; or, in the opinion of the Fund&amp;#8217;s Advisor, any similar securities in the Barclays Municipal Index.&lt;/p&gt;&lt;/div&gt;</cf2:SupplementTextBlock>
  <cf2:SupplementTextBlock contextRef="Duration_01Feb2011_31Jan2012S000005151_MemberRetail_Member">&lt;div style="padding-left: 0%; padding-right: 0%"&gt;&lt;p style="text-align: center"&gt;&lt;b&gt;SUPPLEMENT TO&lt;/b&gt;&lt;/p&gt;  &lt;p style="text-align: center"&gt;&lt;b&gt;CALVERT INCOME FUNDS PROSPECTUS (CLASS A, B, C, O AND Y)&lt;br/&gt;&amp;nbsp;DATED JANUARY 31, 2012, AS REVISED APRIL 27, 2012 &lt;br/&gt;Calvert Income Fund &lt;br/&gt;Calvert Short Duration Income Fund &lt;br/&gt;Calvert Long-Term Income Fund &lt;br/&gt;Calvert Ultra-Short Income Fund &lt;br/&gt;Calvert Government Fund &lt;br/&gt;Calvert High Yield Bond Fund&lt;/b&gt;&lt;/p&gt;&lt;p style="text-align: center"&gt;&lt;b&gt;Date of Supplement: November 1, 2012&lt;/b&gt;&lt;/p&gt;&lt;p style="text-align: left"&gt;After the last paragraph in the section &amp;#8220;Investments, Risks and Performance &amp;#8211; Principal Investment Strategies&amp;#8221; in each Fund Summary (Portfolio Summary for Calvert VP Income Portfolio), insert the following:&lt;/p&gt;&lt;p style="text-align: left"&gt;&lt;i&gt;Tobacco Exclusion. &lt;/i&gt;The Fund seeks to avoid investing in companies classified under the tobacco industry sector of the Barclays Global Aggregate Index, the Barclays U.S. High Yield Index or the Barclays Global Emerging Market Index; or, in the opinion of the Fund&amp;#8217;s Advisor, any similar securities in the Barclays Municipal Index.&lt;/p&gt;&lt;/div&gt;</cf2:SupplementTextBlock>
  <cf2:SupplementTextBlock contextRef="Duration_01Feb2011_31Jan2012S000013508_MemberRetail_Member">&lt;div style="padding-left: 0%; padding-right: 0%"&gt;&lt;p style="text-align: center"&gt;&lt;b&gt;SUPPLEMENT TO&lt;/b&gt;&lt;/p&gt;  &lt;p style="text-align: center"&gt;&lt;b&gt;CALVERT INCOME FUNDS PROSPECTUS (CLASS A, B, C, O AND Y)&lt;br/&gt;&amp;nbsp;DATED JANUARY 31, 2012, AS REVISED APRIL 27, 2012 &lt;br/&gt;Calvert Income Fund &lt;br/&gt;Calvert Short Duration Income Fund &lt;br/&gt;Calvert Long-Term Income Fund &lt;br/&gt;Calvert Ultra-Short Income Fund &lt;br/&gt;Calvert Government Fund &lt;br/&gt;Calvert High Yield Bond Fund&lt;/b&gt;&lt;/p&gt;&lt;p style="text-align: center"&gt;&lt;b&gt;Date of Supplement: November 1, 2012&lt;/b&gt;&lt;/p&gt;&lt;p style="text-align: left"&gt;After the last paragraph in the section &amp;#8220;Investments, Risks and Performance &amp;#8211; Principal Investment Strategies&amp;#8221; in each Fund Summary (Portfolio Summary for Calvert VP Income Portfolio), insert the following:&lt;/p&gt;&lt;p style="text-align: left"&gt;&lt;i&gt;Tobacco Exclusion. &lt;/i&gt;The Fund seeks to avoid investing in companies classified under the tobacco industry sector of the Barclays Global Aggregate Index, the Barclays U.S. High Yield Index or the Barclays Global Emerging Market Index; or, in the opinion of the Fund&amp;#8217;s Advisor, any similar securities in the Barclays Municipal Index.&lt;/p&gt;&lt;/div&gt;</cf2:SupplementTextBlock>
  <cf2:SupplementTextBlock contextRef="Duration_01Feb2011_31Jan2012S000024475_MemberRetail_Member">&lt;div style="padding-left: 0%; padding-right: 0%"&gt;&lt;p style="text-align: center"&gt;&lt;b&gt;SUPPLEMENT TO&lt;/b&gt;&lt;/p&gt;  &lt;p style="text-align: center"&gt;&lt;b&gt;CALVERT INCOME FUNDS PROSPECTUS (CLASS A, B, C, O AND Y)&lt;br/&gt;&amp;nbsp;DATED JANUARY 31, 2012, AS REVISED APRIL 27, 2012 &lt;br/&gt;Calvert Income Fund &lt;br/&gt;Calvert Short Duration Income Fund &lt;br/&gt;Calvert Long-Term Income Fund &lt;br/&gt;Calvert Ultra-Short Income Fund &lt;br/&gt;Calvert Government Fund &lt;br/&gt;Calvert High Yield Bond Fund&lt;/b&gt;&lt;/p&gt;&lt;p style="text-align: center"&gt;&lt;b&gt;Date of Supplement: November 1, 2012&lt;/b&gt;&lt;/p&gt;&lt;p style="text-align: left"&gt;After the last paragraph in the section &amp;#8220;Investments, Risks and Performance &amp;#8211; Principal Investment Strategies&amp;#8221; in each Fund Summary (Portfolio Summary for Calvert VP Income Portfolio), insert the following:&lt;/p&gt;&lt;p style="text-align: left"&gt;&lt;i&gt;Tobacco Exclusion. &lt;/i&gt;The Fund seeks to avoid investing in companies classified under the tobacco industry sector of the Barclays Global Aggregate Index, the Barclays U.S. High Yield Index or the Barclays Global Emerging Market Index; or, in the opinion of the Fund&amp;#8217;s Advisor, any similar securities in the Barclays Municipal Index.&lt;/p&gt;&lt;/div&gt;</cf2:SupplementTextBlock>
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  <cf2:SupplementTextBlock contextRef="Duration_01Feb2011_31Jan2012S000005150_MemberClassI_Member">&lt;div style="padding-left: 0%; padding-right: 0%"&gt;&lt;p style="text-align: center"&gt;&lt;b&gt;SUPPLEMENT TO&lt;/b&gt;&lt;/p&gt; &lt;p style="text-align: center"&gt;&lt;b&gt;CALVERT INCOME FUNDS PROSPECTUS (CLASS I) &lt;br/&gt;DATED JANUARY 31, 2012 &lt;br/&gt;Calvert Income Fund &lt;br/&gt;Calvert Short Duration Income Fund &lt;br/&gt;Calvert Government Fund &lt;br/&gt;Calvert High Yield Bond Fund&lt;/b&gt;&lt;/p&gt;&lt;p style="text-align: center"&gt;&lt;b&gt;Date of Supplement: November 1, 2012&lt;/b&gt;&lt;/p&gt;&lt;p style="text-align: left"&gt;After the last paragraph in the section &amp;#8220;Investments, Risks and Performance &amp;#8211; Principal Investment Strategies&amp;#8221; in each Fund Summary (Portfolio Summary for Calvert VP Income Portfolio), insert the following:&lt;/p&gt;&lt;p style="text-align: left"&gt;&lt;i&gt;Tobacco Exclusion. &lt;/i&gt;The Fund seeks to avoid investing in companies classified under the tobacco industry sector of the Barclays Global Aggregate Index, the Barclays U.S. High Yield Index or the Barclays Global Emerging Market Index; or, in the opinion of the Fund&amp;#8217;s Advisor, any similar securities in the Barclays Municipal Index.&lt;/p&gt;&lt;/div&gt;</cf2:SupplementTextBlock>
  <cf2:SupplementTextBlock contextRef="Duration_01Feb2011_31Jan2012S000024475_MemberClassI_Member">&lt;div style="padding-left: 0%; padding-right: 0%"&gt;&lt;p style="text-align: center"&gt;&lt;b&gt;SUPPLEMENT TO&lt;/b&gt;&lt;/p&gt; &lt;p style="text-align: center"&gt;&lt;b&gt;CALVERT INCOME FUNDS PROSPECTUS (CLASS I) &lt;br/&gt;DATED JANUARY 31, 2012 &lt;br/&gt;Calvert Income Fund &lt;br/&gt;Calvert Short Duration Income Fund &lt;br/&gt;Calvert Government Fund &lt;br/&gt;Calvert High Yield Bond Fund&lt;/b&gt;&lt;/p&gt;&lt;p style="text-align: center"&gt;&lt;b&gt;Date of Supplement: November 1, 2012&lt;/b&gt;&lt;/p&gt;&lt;p style="text-align: left"&gt;After the last paragraph in the section &amp;#8220;Investments, Risks and Performance &amp;#8211; Principal Investment Strategies&amp;#8221; in each Fund Summary (Portfolio Summary for Calvert VP Income Portfolio), insert the following:&lt;/p&gt;&lt;p style="text-align: left"&gt;&lt;i&gt;Tobacco Exclusion. &lt;/i&gt;The Fund seeks to avoid investing in companies classified under the tobacco industry sector of the Barclays Global Aggregate Index, the Barclays U.S. High Yield Index or the Barclays Global Emerging Market Index; or, in the opinion of the Fund&amp;#8217;s Advisor, any similar securities in the Barclays Municipal Index.&lt;/p&gt;&lt;/div&gt;</cf2:SupplementTextBlock>
  <cf2:SupplementTextBlock contextRef="Duration_01Feb2011_31Jan2012S000025875_MemberClassI_Member">&lt;div style="padding-left: 0%; padding-right: 0%"&gt;&lt;p style="text-align: center"&gt;&lt;b&gt;SUPPLEMENT TO&lt;/b&gt;&lt;/p&gt; &lt;p style="text-align: center"&gt;&lt;b&gt;CALVERT INCOME FUNDS PROSPECTUS (CLASS I) &lt;br/&gt;DATED JANUARY 31, 2012 &lt;br/&gt;Calvert Income Fund &lt;br/&gt;Calvert Short Duration Income Fund &lt;br/&gt;Calvert Government Fund &lt;br/&gt;Calvert High Yield Bond Fund&lt;/b&gt;&lt;/p&gt;&lt;p style="text-align: center"&gt;&lt;b&gt;Date of Supplement: November 1, 2012&lt;/b&gt;&lt;/p&gt;&lt;p style="text-align: left"&gt;After the last paragraph in the section &amp;#8220;Investments, Risks and Performance &amp;#8211; Principal Investment Strategies&amp;#8221; in each Fund Summary (Portfolio Summary for Calvert VP Income Portfolio), insert the following:&lt;/p&gt;&lt;p style="text-align: left"&gt;&lt;i&gt;Tobacco Exclusion. &lt;/i&gt;The Fund seeks to avoid investing in companies classified under the tobacco industry sector of the Barclays Global Aggregate Index, the Barclays U.S. High Yield Index or the Barclays Global Emerging Market Index; or, in the opinion of the Fund&amp;#8217;s Advisor, any similar securities in the Barclays Municipal Index.&lt;/p&gt;&lt;/div&gt;</cf2:SupplementTextBlock>
</xbrl>
