income fund
DefinitionA mutual fund which emphasizes current income in the form ofdividends or coupon payments from bonds and/or preferred stocks, rather than emphasizing growth. Income funds are considered to be conservative investments, since they avoid volatile growth stocks. Income funds are popular with retirees and other investors who are looking for a steady cash flow without assuming too much risk.
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income fund is ...
... part of the Mutual Funds subject.
... part of the Mutual Funds subject.
Related Terms
Corporate Income Fund (CIF)
income fund appears in these other terms
fixed income fund, option income fund, registered retirement income fund
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