<PAGE> PAGE 1
000 B000000 09/30/97
000 C000000 0000701039
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 THE CALVERT FUND
001 B000000 811-3416
001 C000000 3019514881
002 A000000 4550 MONTGOMERY AVENUE, SUITE 1000N
002 B000000 BETHESDA
002 C000000 MD
002 D010000 20814
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 1
007 C010100 1
007 C020100 CALVERT INCOME FUND
007 C030100 N
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A00AA01 CALVERT ASSET MANAGEMENT COMPANY
008 B00AA01 A
008 C00AA01 801-17813
008 D01AA01 BETHESDA
008 D02AA01 MD
008 D03AA01 20814
008 D04AA01 9814
011 A00AA01 CALVERT DISTRIBUTORS, INC.
011 B00AA01 8-47915
011 C01AA01 BETHESDA
011 C02AA01 MD
011 C03AA01 20184
013 A00AA01 COOPERS & LYBRAND
013 B01AA01 BALTIMORE
013 B02AA01 MD
013 B03AA01 21202
022 A000001 SALOMON BROTHERS INC
<PAGE> PAGE 2
022 C000001 251176
022 D000001 288531
022 A000002 MERRILL LYNCH PIERCE
022 C000002 153916
022 D000002 117993
022 A000003 STATE STREET BANK
022 C000003 227500
022 D000003 0
022 A000004 GOLDMAN SACHS
022 C000004 118092
022 D000004 104634
022 A000005 DONALDSON LUFKIN
022 C000005 169531
022 D000005 29702
022 A000006 LEHMAN BROS INC
022 C000006 91039
022 D000006 66329
022 A000007 SMITH BARNEY INC
022 C000007 76813
022 D000007 44640
022 A000008 CHASE SECURITIES
022 C000008 36602
022 D000008 64856
022 A000009 MORGAN J.P. SECURITIES
022 C000009 32710
022 D000009 54731
022 A000010 DEUTSCHE BANK
022 C000010 37415
022 D000010 49236
023 C000000 1600746
023 D000000 1156809
027 000000 Y
077 A000000 Y
077 B000000 Y
078 000000 N
080 A00AA00 ICI MUTUAL INSURANCE COMPANY
080 C00AA00 5000
081 A00AA00 Y
081 B00AA00 39
082 A00AA00 N
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
028 A010100 300
028 A020100 156
028 A030100 0
028 A040100 679
<PAGE> PAGE 3
028 B010100 197
028 B020100 168
028 B030100 0
028 B040100 655
028 C010100 194
028 C020100 162
028 C030100 0
028 C040100 747
028 D010100 235
028 D020100 168
028 D030100 0
028 D040100 1191
028 E010100 200
028 E020100 160
028 E030100 0
028 E040100 920
028 F010100 505
028 F020100 156
028 F030100 0
028 F040100 927
028 G010100 1631
028 G020100 970
028 G030100 0
028 G040100 5119
028 H000100 1631
030 A000100 18
030 B000100 4.75
030 C000100 0.00
031 A000100 4
031 B000100 0
032 000100 12
033 000100 2
042 A000100 6
042 B000100 23
042 C000100 4
042 D000100 63
042 E000100 4
042 F000100 0
042 G000100 0
042 H000100 0
043 000100 62
044 000100 0
062 A000100 Y
062 B000100 0.0
062 C000100 0.0
062 D000100 13.5
062 E000100 0.0
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
062 I000100 0.0
<PAGE> PAGE 4
062 J000100 0.0
062 K000100 0.0
062 L000100 0.0
062 M000100 0.0
062 N000100 0.0
062 O000100 4.5
062 P000100 75.0
062 Q000100 5.3
062 R000100 0.0
063 A000100 0
063 B000100 14.0
071 A000100 1109043
071 B000100 1126416
071 C000100 37458
071 D000100 2961
072 A000100 12
072 B000100 2957
072 C000100 75
072 D000100 0
072 E000100 0
072 F000100 290
072 G000100 0
072 H000100 0
072 I000100 66
072 J000100 29
072 K000100 9
072 L000100 25
072 M000100 5
072 N000100 31
072 O000100 0
072 P000100 0
072 Q000100 0
072 R000100 15
072 S000100 4
072 T000100 63
072 U000100 0
072 V000100 0
072 W000100 12
072 X000100 550
072 Y000100 29
072 Z000100 2511
072AA000100 1531
072BB000100 0
072CC010100 0
072CC020100 306
072DD010100 2525
072DD020100 0
072EE000100 0
073 A010100 1.0300
073 A020100 0.0000
073 B000100 0.0000
<PAGE> PAGE 5
073 C000100 0.0000
074 A000100 295
074 B000100 0
074 C000100 5300
074 D000100 33350
074 E000100 0
074 F000100 0
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 0
074 K000100 0
074 L000100 460
074 M000100 8
074 N000100 39413
074 O000100 0
074 P000100 44
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 67
074 S000100 0
074 T000100 39302
074 U010100 2285
074 U020100 0
074 V010100 17.20
074 V020100 0.00
074 W000100 0.0000
074 X000100 2690
074 Y000100 0
075 A000100 0
075 B000100 41393
076 000100 0.00
SIGNATURE WILLIAM M. TARTIKOFF
TITLE GENERAL COUNSEL
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000701039
<NAME> THE CALVERT FUND
<SERIES>
<NUMBER> 154
<NAME> CALVERT INCOME FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> SEP-30-1997
<PERIOD-START> APR-01-1997
<PERIOD-END> SEP-30-1997
<INVESTMENTS-AT-COST> 38702
<INVESTMENTS-AT-VALUE> 38650
<RECEIVABLES> 460
<ASSETS-OTHER> 303
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 39413
<PAYABLE-FOR-SECURITIES> 44
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 67
<TOTAL-LIABILITIES> 111
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 38334
<SHARES-COMMON-STOCK> 2285
<SHARES-COMMON-PRIOR> 2783
<ACCUMULATED-NII-CURRENT> (14)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1034
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (52)
<NET-ASSETS> 39302
<DIVIDEND-INCOME> 75
<INTEREST-INCOME> 2957
<OTHER-INCOME> 0
<EXPENSES-NET> 521
<NET-INVESTMENT-INCOME> 2511
<REALIZED-GAINS-CURRENT> 1531
<APPREC-INCREASE-CURRENT> 306
<NET-CHANGE-FROM-OPS> 4348
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2525)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3823
<NUMBER-OF-SHARES-REDEEMED> (14224)
<SHARES-REINVESTED> 2070
<NET-CHANGE-IN-ASSETS> (6508)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (497)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 290
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 550
<AVERAGE-NET-ASSETS> 41393
<PER-SHARE-NAV-BEGIN> 16.47
<PER-SHARE-NII> 1.020
<PER-SHARE-GAIN-APPREC> 0.740
<PER-SHARE-DIVIDEND> (1.030)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 17.20
<EXPENSE-RATIO> 1.26
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
