Growth and income fund

(redirected from Growth and Income Funds)

Growth and income fund

A mutual fund that invests primarily in stocks with a history of capital gains (growth) and consistent dividend payments (income).
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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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

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.

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References in periodicals archive ?
The sub-accounts are allocated at 66% in American Growth and Income funds and 34% American Growth funds.
As for Moore's IRA account, Bonds has him invested in growth and income funds, like Putnam Growth & Income Fund (PGIBX), and the Van Kampen Utilities Fund (VKUAX).
Growth and income funds are more balanced in their approach.
Look at growth and income funds first, and perhaps growth funds it you're feeling a bit frisky.
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