Calvert Impact Fund, Inc. has announced a significant update to its management structure with the appointment of Mihir Shah as a portfolio manager for the Calvert Green Bond Fund. This change, effective October 19, 2026, underscores the company’s commitment to strengthening its investment strategies in a competitive market.

The addition of Shah, who is also a vice president at Morgan Stanley, brings valuable experience to the fund. His background in the investment industry, including roles at Wellington Management, positions him well to contribute to the fund's performance and strategic direction.

Background

Calvert Impact Fund, Inc. is an investment firm based in Washington, D.C. The company primarily focuses on socially responsible investing, with a range of funds aimed at generating positive social and environmental impacts. Recent filings include a 497K form filed on October 19, 2026, which details changes in the management of its funds.

What the Filing Says

The recent SEC filing states, "The following changes are effective immediately: Mihir Shah, CFA, has been appointed as a portfolio manager for the Calvert Green Bond Fund." This update reflects the ongoing evolution of the fund's management team.

Impact

This appointment may have implications for investors and stakeholders in the Calvert Green Bond Fund, as Shah's expertise could influence the fund's investment decisions and overall performance. The broader investment management industry may also feel the effects, as firms may look to enhance their teams with experienced professionals to remain competitive.

What's Next

The filing does not say what happens next.