Corporate income fund
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Related to Corporate income fund: corporate bond fund
Corporate income fund (CIF)
A unit investment trust featuring a fixed portfolio of high-grade securities and other investments, usually with monthly distribution of income.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Corporate Income Fund
A unit investment trust with highly-rated securities in a fixed portfolio. Corporate income funds usually pay out applicable interest monthly, and they can be traded on the secondary market.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved