Growth and income fund

Growth and income fund

A mutual fund that invests primarily in stocks with a history of capital gains (growth) and consistent dividend payments (income).

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.

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.

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.

References in periodicals archive ?
Moore, who added the top-rated Oppenheimer Global Growth and Income Fund (OPGIX) to his portfolio mix, agrees.
Finally, I have an IRA of $19,000 invested in AARP Growth and Income fund.
It's a small cap, aggressive growth vehicle that, while riskier than a staid growth or growth and income fund, is a perfect way to build wealth with his retirement and college tuition savings.
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