Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
1,726,367,691 visitors served.
forum mailing list For webmasters
?
New: Language forums
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Growth and Income Fund

    0.01 sec.
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.

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.

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.



How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in ? References in periodicals archive
 
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.
 
Financial browser? ? Full browser
 
 
Financial Dictionary
?

Disclaimer | Privacy policy | Feedback | Copyright © 2009 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.