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growth and income fund

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

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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Until recently, her company managed the Kenwood Growth and Income Fund (KNWDX), which has posted very solid numbers.
Finally, I have an IRA of $19,000 invested in AARP Growth and Income fund.
Van Kampen), announced today that Van Kampen Growth and Income Fund (NYSE: ACGIX), Van Kampen's oldest equity fund, marked its 60th anniversary.
 
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