income shares


A class of capital stock that is offered by a dual-purpose fund. The other class is capital shares. Investors that own income shares receive dividends from the entire fund's performance. However, there is little room for capital appreciation in these shares. Those who invest in this class of stock are typically looking for steady income in the form of dividends instead of capital gains.
Browse Definitions 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
income sensitive repayment (ISR) split-level investment trust