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income fund

   Also found in: Dictionary/thesaurus, Wikipedia 0.04 sec.
Income Fund
A mutual fund that seeks to provide stable current income by investing in securities that pay interest or dividends.

Notes:
Income funds typically invest in utility stocks and blue chips.


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

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.

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Goodman & Company"), manager of diversiTrust(TM) Income Fund, diversiTrust(TM) Stable Income Fund, diversiTrust(TM) Income+ Fund, diversiTrust(TM) Energy Income Fund and the diversiYield(TM) Income Fund (the "Funds"), announces the following cash distributions payable on April 17, 2006 to unitholders of record on March 31, 2006 :
Goodman & Company"), manager of diversiTrust(TM) Income Fund, diversiTrust(TM) Stable Income Fund, diversiTrust(TM) Income+ Fund, diversiTrust(TM) Energy Income Fund and the diversiYield(TM) Income Fund (the "Funds"), announces the following cash distributions payable on February 14, 2006 to unitholders of record on January 31, 2006:
Goodman & Company"), manager of diversiTrust(TM) Income Fund, diversiTrust(TM) Stable Income Fund, diversiTrust(TM) Income+ Fund, diversiTrust(TM) Energy Income Fund and the diversiYield(TM) Income Fund (the "Funds"), announces the following cash distributions payable on January 16, 2006 to unitholders of record on December 30, 2005:
 
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