Calvert Social Index Actions

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Calvert Social Index Actions
BETHESDA, Md. –(BUSINESS WIRE)– Calvert’s Sustainability Research Department has submitted the following recommendations regarding action within the Calvert Social Index®. If approved, the following recommendations will be effective when the Calvert Social Index Committee convenes its quarterly meeting in September 2010.

ADDITIONS:

Hanesbrands, Inc. (NYSE: HBI), a company in the Calvert Social Index Universe, has recently been reviewed and now meets the Index’s sustainability standards. The company has improved both its performance record on human rights and its transparency surrounding human rights protections. If approved, the addition will take place in September 2010.

DELETIONS:

None.

What is the Calvert Social Index?
Calvert, a leader in sustainable and responsible investing, has created the Calvert Social Index, a broad-based, rigorously constructed benchmark for measuring the performance of US-based sustainable and responsible companies.

How is the Calvert Social Index constructed?
Calvert starts by taking the 1,000 largest companies in the US , based on total market capitalization, included in the Dow Jones Total Market Index (the “Dow Jones TMI”). The Dow Jones TMI represents the top 95% of U.S. companies based on float-adjusted market capitalization, excluding the very smallest and least-liquid stocks. Calvert’s Sustainability Research Department then analyzes each company. A sustainability audit is conducted in the following areas: governance and ethics; environment; workplace; product safety and impact; community relations; international operations and human rights; and indigenous peoples’ rights. The stocks that meet the Index’s sustainable and responsible criteria make up the Calvert Social Index.

For information on any Calvert fund, please contact Calvert at 800.368.2748 for a free prospectus. An investor should consider the investment objectives, risks, charges, and expenses of an investment carefully before investing. The prospectus contains this and other information. Read it carefully before you invest or send money.

Calvert mutual funds are underwritten and distributed by Calvert Distributors, Inc., member FINRA, and a subsidiary of Calvert Group, Ltd. (06/10, 10198)

Contacts
Calvert
Melinda Lovins, 301-657-7089
[email protected]

Source: Calvert

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http://www.businesswire.com/news/home/20100618005491/en