497 1 incomesaiduch080509.htm SAI STICKER FOR MATT DUCH POSITION 080509

Supplement to

THE CALVERT FUND
Calvert Short Duration Income Fund

Statement of Additional Information dated January 31, 2009, as revised July 1, 2009

Date of Supplement: August 5, 2009

Under “Portfolio Manager Disclosure-- Other Accounts Managed by Portfolio Managers of the Funds – Calvert Short Duration Income Fund” on page 34, below the information provided for Gregory Habeeb, add the following information:

Calvert:
Matthew Duch

    Accounts Managed other thanCalvert Short Duration Income Fund as of July 31, 2009

    Registered Investment Companies

    Other Pooled Investment Vehicles

    Other  Accounts

    Number of Other Accounts Managed

    10

    0

    1

    Total Assets in Other Accounts Managed

    $5,475,596,068

    $0

    $6,566,420

    Number of Other Accounts in which Advisory Fee is Based on Account’s Performance

    0

    0

    0

    Total Assets in Other Accounts in which Advisory Fee is Based on Account’s Performance

    $0

    $0

    $0

Under “Portfolio Manager Disclosure-- Compensation of Portfolio Managers of the Funds” on page 35, delete the heading listing the portfolio managers and replace it with the following:

Gregory Habeeb, Michael Abramo and Matthew Duch

Under “Portfolio Manager Disclosure-- Compensation of Portfolio Managers of the Funds” on page 35, delete the first heading in the compensation chart and replace it with the following:

    Compensation with Respect to Management of Calvert Income Fund, Calvert Short Duration Income Fund, Calvert Long-Term Income Fund, Calvert Ultra-Short Income Fund and Calvert Government Fund and Other Accounts as of September 30, 2008 (Calvert Income Fund only for Michael Abramo; Calvert Short Duration Income Fund only for Matthew Duch; as of December 31, 2008 for Calvert Government Fund)

In the chart under “Portfolio Manager Disclosure-- Securities Ownership of Portfolio Managers of the Funds – Calvert Short Duration Income Fund” on page 36, below the information provided for Gregory Habeeb, add the following information:

Portfolio

Firm

Name of Portfolio Manager

Portfolio Ownership

Calvert Short Duration Income Fund

Calvert

Matthew Duch

None (as of July 31, 2009)