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Supplement to: Class I (Institutional) Shares Prospectus Calvert Income Fund Dated January 31, 1999, as revised April 1, 1999 Date of this Supplement: November 3, 1999 Insert the following on page 7 of the April 1 prospectus: The Fund's active trading strategy may cause the Fund to have a relatively high amount of short-term capital gains, which are taxable to you at the ordinary income tax rate.
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