Everyone can invest to create opportunity

For as low as $20, you can invest in big change. Our Community Investment Note® (the Note) is a fixed income security that finances organizations creating positive social and environmental impact in communities around the world. The Note is widely available to US retail and institutional investors through three different purchase channels. Learn more about how to invest below.

DIRECT ONLINE INVESTORS: Open a New Account​ Existing Investor Login

Current Brokerage Offerings:

See our current offerings below. Provide the corresponding CUSIP number to your brokerage's fixed income desk to purchase the Note. This table is updated twice a month with current CUSIP numbers. Orders must be placed before these CUSIPs trade at Noon EST on: 9/30/2025

CUSIP TERM RATE MATURITY 13162ESM9 1 Year 3.00% 9/30/26 13162ESN7 3 Year 3.50% 9/29/28 13162ESP2 5 Year 4.50% 9/30/30

Everyone can invest to create opportunity

Download More Information

Please refer to the following documents for more information on the Community Investment Note®.

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Additional documents

Fund Characteristics

ISSUER
Calvert Impact Capital test
ASSET CLASS
Fixed income
INCEPTION
1995
NOTE BALANCE*
$588 million
FINANCIAL RETURN
0 - 4.50% (starting at 1 year, 3.00% up to 5 years, 4.50%)
IMPACT
Measured consistently and reported through annual Impact Report, quarterly reports, and monthly e-newsletter
Performance**
100% repayment of principal and interest since inception
Fees
None; investor dollars are not used to pay sales commissions, existing debt, or any other Calvert Impact Capital expenses

*As of Q3 2025 ** Calvert Impact Capital, Inc., a 501(c)(3) nonprofit and a subsidiary of Calvert Impact, Inc., offers the Community Investment Note®. The Community Investment Note® is subject to certain risks, is not a mutual fund, and is not FDIC or SIPC insured. Past performance is no guarantee of future results. This is not an offer or solicitation to buy our securities, the offering is made solely by the applicable prospectus (including any applicable prospectus supplement and pricing supplement), and any decision to invest should only be made after reading these documents which detail the terms, conditions, and risks the Community Investment Note® is subject to, including risk of possible loss of the amount invested. Payment is dependent on Calvert Impact Capital’s financial condition at the time payment is due. The Community Investment Note® is not registered with the SEC, is only offered and sold in states where authorized, and may be subject to specific state eligibility requirements.

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Phone: 800-248-0337
Fax: 301-576-8444
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Calvert Impact Capital, Inc., a 501(c)(3) nonprofit and a subsidiary of Calvert Impact, Inc., offers the Community Investment Note. Calvert Impact Climate, Inc., a 501(c)(3) nonprofit and a subsidiary of Calvert Impact, Inc., offers the Cut Carbon Note. The Community Investment Note and Cut Carbon Note are subject to certain risks, are not mutual funds, are not FDIC or SIPC insured, and should not be confused with any Calvert Research and Management-sponsored investment product. The Community Investment Notes and the Cut Carbon Notes are debt securities subject to the terms, conditions and risks described in the current prospectus, prospectus supplement(s) and pricing supplements, as applicable, including risk of possible loss of the amount invested. Payment is dependent on the issuer’s financial condition at the time payment is due. Any decision to invest in these securities through this Site should only be made after reading the applicable prospectus, prospectus supplement(s) and pricing supplement or by calling 800-248-0337.

This is not an offer to sell you our securities and we are not soliciting you to buy our securities. The offering is made solely by the Prospectus. We will offer and sell our securities only in states where authorized.

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