growth and income fund

Definition

A mutual fund whose aim is to provide both growth and income, often by investing in companies which have earnings growth as well as dividends.

Use this term in a sentence

The growth and income fund were really cool and I liked it a lot and it was really important for me.

​ Was this Helpful? YES  NO 25 out of 25 people found this helpful.

If a business owner wishes to increase their capital, they should look into a growth and income fund and speak with their accountant for other investment options.

​ Was this Helpful? YES  NO 25 out of 25 people found this helpful.

Though retired and relying exclusively on my portfolio for daily living expenses I thought it important to dedicate a portion of my portfolio to a growth and income fund.

​ Was this Helpful? YES  NO 25 out of 25 people found this helpful.

Show more usage examples...

Related Terms

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
growth fund income fund