Income fund

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Income fund

A mutual fund that seeks to provide current income from investments.

Income Fund

A portfolio or mutual fund in which the primary goal is the provision of income to shareholders from the securities represented in the fund. That is, the investor or shareholder makes money from the dividends and coupons from the securities in fund, not from higher bond or share prices. This involves investing in securities with lower risk than other portfolios. For example, an income fund will more likely invest in a blue chip with a reliable, but not exciting, outlook instead of a promising start-up. An income fund is most popular with those nearing or in retirement who prefer steady investment income rather than the possibility of becoming rich. See also: Growth fund, Growth and income fund.

income fund

An investment company, the main objective of which is to achieve current income for its owners. Thus, it tends to select securities such as bonds, preferred stocks, and common stocks that pay relatively high current returns. This type of fund is most appropriate for someone seeking high current income rather than growth of principal. Also called income-mixed fund.

Income fund.

Income funds are mutual funds whose investment objective is to produce current income rather than long-term growth, typically by investing in bonds or sometimes a combination of bonds and preferred stock.

Investors, especially those who have retired or are about to retire, may prefer income funds to potentially more volatile growth funds.

The amount of income a fund may generate is related to the risk posed by the investments that the fund makes and the return they generate.

A fund that buys lower-grade bonds may provide substantially more income than a fund buying investment-grade bonds. But the same fund may also put your principal, or investment amount, at substantial risk.

References in periodicals archive ?
A fixed income mutual fund collects money from a group of investors and then places the fund into a shared pool.
98% of Franklin Templeton's taxable fixed income mutual fund assets were in funds ranked in the top two quartiles of their respective Lipper peer groups for the three-year period, 100% for the five-year period and 97% for the 10-year period ended September 30, 2006.
Established in 1999 by CRAFund Advisors as a vehicle to aid banks looking to satisfy the investment test portion of the Community Reinvestment Act, the no-load, fixed income mutual fund has since grown to become one of the nation's largest investment vehicles dedicated to community investment.
He won the Lipper Analytical Services Award for the best-performing fixed income mutual fund in 1988 and 1993.
Other sections assess 381 of the largest retail fixed income mutual funds, along with charts, graphs, and contact information, in terms of investment rating, major rating factors, services offered, and fund family; the top and bottom 200 bond mutual funds; the 100 best and worst funds by performance and risk; and the top 100 rated funds by risk category and fund type.
Effective February 1, Brian Kennedy will join Dan Fuss, Matt Eagan and Elaine Stokes as co-manager of the Loomis Sayles Investment Grade Bond and the Loomis Sayles Investment Grade Fixed Income mutual funds, along with several institutional separate accounts.
In addition to lead managing and co-managing a number of Eaton Vance municipal income mutual funds and closed-end funds for many years, he served as Co-Director of Municipal Investments from 2010 to 2014.
She invests $100 to $150 in two growth and income mutual funds she started outside of her 401(k) plan 10 years ago.
He currently serves on the boards of a number of equity and fixed income mutual funds managed by The Dreyfus Corporation, the Fund's investment adviser, and is a Director of the Movado Group.
is a publicly traded investment manager offering a broad range of domestic equity, specialty and sector, balanced and fixed income mutual funds.
But a quarterly report can help you foresee sudden changes in the market, especially for high-risk investments," explains Britton who has since reallocated her contributions to growth and income mutual funds.
SRA investments are made in a diversified portfolio of tax-managed equity and tax-exempt municipal income mutual funds selected by the program participant, maintained and reported as a single consolidated account.