Socially-responsible fund firm Calvert
has launched a new long-term corporate bond fund called the Long Duration Income Fund.
Greg Habeeb and his team at Calvert, who already manage $3.9 billion in fixed income, will manage the new fund.
"The addition of the Calvert Long Duration Income Fund...is the next logical-step addition to Calvert Short Duration Income Fund (short duration) and Calvert Income Fund (intermediate duration) in Calvert's taxable corporate bond fund line-up," stated Catherine Roy
, chief investment officer of Fixed Income for Calvert.
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