Growth and Income Fund (redirected from Growth and Income Funds)

Growth and income fund

A mutual fund that invests primarily in stocks with a history of capital gains (growth) and consistent dividend payments (income).

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Growth and Income Fund

A mutual fund that invests in both high growth companies and companies known for paying dividends. Growth and income funds combine aspects of growth funds and income funds. As a result, they have more risk and higher returns than income funds and lower risk and lower returns than growth funds.

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growth and income fund

An investment company that invests in the common stock of growing companies that have a history of paying dividends. This type of fund is a compromise between a growth fund that concentrates on capital gains and an income fund that concentrates on maximizing current income.

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Growth and income fund. Growth and income mutual funds invest in securities that provide, as their name suggests, a combination of growth and income.

This type of fund generally funnels assets into common stocks of well-established companies that pay regular dividends and increase in value at a regular, if modest, rate. The balance of the fund's portfolio is in high-rated bonds and preferred stock.