This not only allows you to earn additional income, but puts your investment dollars to work supporting projects in your own community. Since you don't pay taxes on it, you keep all the earnings. Income may be subject to state and local taxes and the alternative minimum tax for certain investors. The example above is based on a hypothetical investment and is for illustrative purposes only. It does not represent an investment in or the performance of any Calvert fund.
Past performance is no guarantee of future returns.