# EDGAR Filing Document

**Accession Number:** 0000319676
**File Stem:** 0001133228-26-001550
**Filing Date:** 2026-2
**Character Count:** 3595
**Document Hash:** 96563541c361a101dbd54a824636e745
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001133228-26-001550.hdr.sgml**: 20260211

**ACCESSION NUMBER**: 0001133228-26-001550

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260211

**DATE AS OF CHANGE**: 20260211

**EFFECTIVENESS DATE**: 20260211

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Calvert Management Series
- **CENTRAL INDEX KEY:** 0000319676

**ORGANIZATION NAME:**
- **EIN:** 526211999
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 002-69565
- **FILM NUMBER:** 26618513

**BUSINESS ADDRESS:**
- **STREET 1:** 2050 M STREET NW
- **CITY:** WASHINGTON
- **STATE:** DC
- **ZIP:** 20036
- **BUSINESS PHONE:** 8002256265

**MAIL ADDRESS:**
- **STREET 1:** 2050 M STREET NW
- **CITY:** WASHINGTON
- **STATE:** DC
- **ZIP:** 20036

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CALVERT TAX FREE RESERVES
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Calvert Emerging Markets Focused Growth Fund (Series ID: S000079266)

| Class ID   | Class Name                                            | Ticker Symbol   |
|:---|:---|:---|
| C000240249 | Calvert Emerging Markets Focused Growth Fund Class R6 |  |
| C000240250 | Calvert Emerging Markets Focused Growth Fund Class A  |  |
| C000240251 | Calvert Emerging Markets Focused Growth Fund Class C  |  |
| C000240252 | Calvert Emerging Markets Focused Growth Fund Class I  |  |

**CALVERT EMERGING MARKETS FOCUSED GROWTH FUND**

**Supplement to Summary Prospectus, Statutory Prospectus and**

**Statement of Additional Information ("SAI") dated May 1, 2025**

**as may be supplemented and/or revised from time to time**

**The following changes are effective immediately:**

**1. The following replaces "Portfolio Manager" under "Management" in "Fund Summary" in the Fund's Summary Prospectus and Statutory Prospectus:**

**Portfolio Manager**

**Amay Hattangadi, CFA,** Managing Director of MSIM Company, has managed the Fund since February 2026.

**2. The following replaces the sixth paragraph under "Management." in "Management and Organization" in the Fund's Statutory Prospectus:**

The portfolio manager of the Fund is Amay Hattangadi, CFA (since February 2026). Mr. Hattangadi is a Managing Director of MSIM Company and has been associated with MSIM Company or its affiliates in an investment management capacity since 1997. He currently manages other funds.

**3. The following tables replace the tables under "Portfolio Manager." in "Investment Advisory and Administrative Services" in the Fund's SAI:**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Number of<br> All Accounts | Total Assets of<br> All Accounts | Number of<br> Accounts<br> Paying a<br> Performance Fee | Total Assets of<br> Accounts<br> Paying a<br> Performance Fee |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amay Hattangadi, CFA<sup>(1)</sup> |  |  |  |  |
| Registered Investment Companies<sup>(2)</sup> | 11 | $2202.0 | 0 | $0 |
| Other Pooled Investment Vehicles | 3 | $399.6 | 0 | $0 |
| Other Accounts | 11 | $8023.8 | 1 | $21.0 |

---

<sup>(1)</sup> As of November 30, 2025.

<sup>(2)</sup> Includes the Fund.

<u>Portfolio Managers</u> <u>Dollar Range of Equity Securities<br> Beneficially Owned in the Fund</u> <u>Aggregate Dollar Range of Equity<br> Securities Beneficially Owned in<br> the Calvert Family of Funds</u> <br> Amay Hattangadi, CFA<sup>(1)</sup> None None

<sup>(1)</sup> As of November 30, 2025.

---

| | |
|:---|:---|
| **February 11, 2026** | **48666-00 2.11.26** |

---