Calvert Responsible Municipal Income Fund Class A is an actively managed municipal bond mutual fund focused on delivering a high level of current income that is exempt from regular federal income tax. The strategy primarily invests in a diversified portfolio of tax‑exempt municipal obligations, typically allocating at least a majority to investment‑grade securities while maintaining flexibility to hold lower‑rated issues when credit research supports the risk‑return trade‑off. In addition to traditional financial analysis, the fund integrates the Calvert Principles for Responsible Investment to evaluate use of proceeds, issuer practices, and sector impacts, emphasizing areas such as public finance, education, healthcare, transportation, and essential services. Managed by a seasoned municipal team, the portfolio targets intermediate interest‑rate exposure and pays distributions monthly. With a long operating history and a mandate grounded in both tax efficiency and responsible investing, the fund serves investors seeking federally tax‑exempt income, broad municipal market exposure, and an ESG‑aligned approach to credit selection within the national municipal bond landscape.
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