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Corporate Income Fund

   Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia 0.01 sec.
Corporate income fund (CIF)
A unit investment trust featuring a fixed portfolio of high-grade securities and other investments, usually with monthly distribution of income.

Corporate Income Fund
A unit investment trust with highly-rated securities in a fixed portfolio. Corporate income funds usually pay out applicable interest monthly, and they can be traded on the secondary market.


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PIMCO CORPORATE INCOME FUND (NYSE:PCN) --$169,000,000 preferred shares rated 'AAA' by Fitch: no action at this time, although ratings will continue to be reviewed pending full adoption of Fitch's updated rating criteria for closed-end funds and continued sufficiency of asset coverage.
PIMCO Corporate Income Fund * PIMCO Corporate Opportunity Fund * PIMCO Global StocksPLUS & Income Fund * PIMCO High Income Fund * PIMCO Income Opportunity Fund * PIMCO Strategic Global Government Fund, Inc.
NEW YORK -- PIMCO Corporate Income Fund (the "Fund") (NYSE: PCN), a diversified closed-end management investment company which seeks to provide high current income with secondary objectives of capital preservation and appreciation, today announced its results for the fiscal quarter and nine months ended July 31, 2009.
 
 
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