Community Investment Note
United States of America
Last updated 13 May 2020, by Impactyield.
The Community Investment Note is a high-impact fixed income product that channels capital to a diversified portfolio of over 250 nonprofits and social enterprises. The Note is convenient to buy online or through your brokerage account and can be targeted to meet specific investor interests (i.e. geographic or impact area). Learn more at www.calvertfoundation.org/invest.
Our portfolio is professionally managed by a team that uses industry-leading due diligence to carefully vet each group we loan to. We have maintained a 98.8% repayment rate from borrowers and a 100% repayment rate to our investors. Also, we have raised our capital support to over $30 million in security enhancements on a $190 million portfolio, so there are many layers of protection for investors.
of track record
the year funded
Equal rights to ownership basic services technology and economic resources
Safe and affordable housing
Promote policies to support job creation and growing enterprises
Full employment and decent work with equal pay
Increase aid for trade support
Increase access to financial services and markets
Key performance indicators
Asset manager: Calvert Foundation
Product track record: Fund has 28 years of track record
Target IRR: n.a.
Committed Capital: n.a.
Target return category: Below risk-adjusted market-rate of return
Fund domicile: United States of America
Product status: Open - committed capital
Inception year: 1995
Vintage year: 1995
Target region: Africa, Emerging countries
Target close date: n.a.
Product term: 1-5 years
Assets under management: 500,000,000 USD (US Dollar)
Investment size: Min: 50,000; Max: 5,000,000; Avg: 850,000
Currency of investments: USD (US Dollar)
Currency for fund / product figures: USD (US Dollar)
Fund investments to date: 300
Fund investments to date exited or repaid: 50
Management fee: n.a.
Carried interest: n.a.
Hurdle rate: n.a.
GIIN Investors' Council Investment: Yes
Limited Partners / Investors: Over 7,500 individual and institutional investors
Limited Partner / Investor Type: Family Office, Other Institutional Investors, Retail Investors
E-mail: firstname.lastname@example.org email@example.com firstname.lastname@example.org
Phone number: 800.248.0337
If you wish to have your details removed from this database please email email@example.com
Calvert Foundation investors and donors have helped to create over 528,738 jobs for low-income individuals, built or rehabilitated 19,910 affordable homes, and financed close to 26,638 nonprofit
facilities and social enterprises.
Through our investments, we seek to bring a deeper meaning to the lives of not only those who receive investments, but also the lives of our investors. Achieving financial returns while investing in the potential of individuals and communities is a win-win.
Community Investing/LocalFair TradeFaith-BasedMinorities/Previously Excluded PopulationsRuralUrbanWomen