CALVERT IMPACT FUND INC
N-14/A, 2000-09-29
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM N-14

             REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

[ X ]  PRE-EFFECTIVE  AMENDMENT  NO.  2  [  ]  POST-EFFECTIVE  AMENDMENT  NO.__

                        (CHECK APPROPRIATE BOX OR BOXES)

CALVERT  IMPACT FUND, INC.                        REGISTRANT'S TELEPHONE NUMBER
(EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER) (301) 951-4800

ADDRESS OF PRINCIPAL EXECUTIVE OFFICES           APPROX. DATE OF PROPOSED PUBLIC
4550  MONTGOMERY  AVENUE                           OFFERING:  OCT.  31,  2000
SUITE  1000N
BETHESDA,  MD  20814

                     NAME AND ADDRESS OF AGENT FOR SERVICE:
                           WILLIAM M. TARTIKOFF, ESQ.
                        4550 MONTGOMERY AVE. SUITE 1000N
                        BETHESDA, MD 20814

Per Rule 481(a) of the 1933 Securities Act, please note that the registration
statement for the Calvert Large Cap Growth Fund shall be offered to the public
on October 31, 2000.

<PAGE>

                            Part C. Other Information

Item  15.          Indemnification

Item  16.          Exhibits

1.  Articles  of  Incorporation filed herewith.

2.  By-laws filed herewith

3.  Inapplicable.

4.  Agreement  and  Plan of Reorganization filed herewith as
      Exhibit A to the Form N-14

5.  Specimen Stock Certificate (inapplicable)

6.  Investment  Advisory  Contract  and  Sub  Investment  Advisory  Contract
      filed herewith

7.  Underwriting  Agreement filed herewith

8.  Directors'  Deferred  Compensation  Agreement filed herewith

9.  Custodial  Contract filed herewith

10. Plan  of  Distribution filed herewith

11. Opinion and Consent of Counsel filed herewith

12. Opinion  and  Consent  of  Counsel  on Tax Matters filed herewith

13. Transfer  Agency  Contract filed herewith

14. Consent  of  Independent  Auditors filed herewith

15. Inapplicable

16. Copies  of  Power  of  Attorney  Forms filed herewith

17. (a)  current  Bridgeway  Fund,  Inc.  Prospectus  incorporated by reference

    (b)  current  Bridgeway  Fund,  Inc.  Statement of Additional Information
           Incorporated  by  reference.

    (c)  Code of Ethics filed herewith.

    (d)  18F-3  Multiple  Class Plan Document filed herewith.


Item 17.  Undertakings:

The undersigned registrant agrees that prior to any public reoffering of
The  securities  registered  through the use of a prospectus which is a part  of
This  registration  statement  by  any  person  or  party who is deemed to be an
Underwriter  within  the  meaning of rule (145(c) of the securities act of 1933,
The  reoccurring  prospectus  will  contain  the  information  called for by the
Applicable  registration  form  for  re  offerings  by persons who may be deemed
Underwriters,  in  addition  to the information called for by the other items of
The  applicable  form.

The  undersigned  registrant  agrees that every prospectus that is filed
Under  paragraph  (1)  above  will  be  filed  as  a part of an amendment to the
Registration  statement  and  will not be used until the amendment is effective,
And  that,  in determining any liability under the 1933 act, each post-effective
Amendment  shall be deemed to be a new registration statement for the securities
Offered therein, and the offering of the securities at that time shall be deemed
To  be  the  initial  bona  fide  offering  of  them.

The registrant hereby amends this registration statement on such date or
Dates as may be necessary to delay its effective date until the registrant shall
File  a  further  amendment  which  specifically  states  that this registration
Statement  shall  thereafter become effective in accordance with section 8(a) of
The  securities  act  of  1933  or until the registration statement shall become
Effective  on  such date as the commission acting pursuant to said section 8(a),
May  determine.

<PAGE>
                                   Signatures

Pursuant  to  the  requirements of the securities act of 1933, this registration
Statement  has  been  signed  on  behalf  of  the registrant by the undersigned,
Thereto  duly  authorized  in the city of Bethesda, and the state of Maryland on
The 22nd  day  of  August,  2000.

                              Calvert  Impact  Fund,  Inc.


                         by:   /s/ Barbara Krumsiek
                               Barbara J. Krumsiek,  President


Pursuant to the requirement of the Securities Act of 1933, this Registration
Statement for Calvert Impact Fund, Inc. has been signed below by the following
persons in the capacities indicated on September 22, 2000.


   **      Director                           9/22/2000
Rebecca L. Adamson


   **         Director                        9/22/2000
Joy V. Jones


   **         Director                        9/22/2000
Barbara J. Krumsiek


   **         Director                        9/22/2000
D. Wayne Silby


** Signed by Ivy Wafford Duke pursuant to power of attorney.


<PAGE>





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