Growth and income fund(redirected from Growth and Income Funds)
Growth and income fund
Growth and Income Fund
growth and income fund
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.