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income shares

   Also found in: Wikipedia 0.01 sec.
income shares
One of the two types of stock issued by a dual purpose fund in which the owner is entitled to all the income earned by the portfolio plus the return of the stock's par value (if sufficient funds remain) at the time the fund dissolves. These shares appeal mainly to investors seeking high current income since the chance for capital gain is negligible. Compare capital shares.
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DALLAS -- The Board of Directors of Prospect Street Income Shares, Inc.
Prospect Street Income Shares, Inc. - December 2006 Dividend ... by Business Wire
NEW YORK -- The Board of Trustees of BlackRock High Income Shares (NYSE: HIS) (formerly CIGNA High Income Shares) announced the monthly dividend dates and distribution rate for the fund.
Dividend Dates and Distribution Rate Announced for BlackRock High ... by Business Wire
NEW YORK -- The Board of Trustees of BlackRock High Income Shares (NYSE: HIS) (formerly CIGNA High Income Shares) announced the monthly dividend dates and distribution rate for the fund.
Dividend Dates and Distribution Rate Announced for BlackRock High ... by Business Wire
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