income shares


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Income Share

In a dual purpose fund, a share that is entitled to a portion of a firm's ordinary income. Dual purpose funds issue two types of shares: income shares and capital shares, which are entitled to appreciation on the firm's investments. A dual purpose fund has the advantage of allowing shareholders to choose which shares in which to invest (according to their investment goals) without the difficulty of changing investment vehicles. An income share carries lower risk than a capital share.

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.
References in periodicals archive ?
(52.) The working paper version of this paper (Bricker and others 2015) has more details on the variability of top incomes, particularly with respect to the capital income shares. Saez and Zucman (2016) emphasize that the failure of the SCF to capture top capital incomes is indicative that the survey is missing the top wealth holders, but we show there that most of the capital income at the top is captured as well after doing the same reconciliation exercise we do here for total incomes, and the remaining modest differences are likely associated with some of the reporting issues discussed in section I of this paper.
This allows us to quantify the direct tax policy effect on inequality and to provide (descriptive) evidence on the extent to which the increase in inequality, particularly the surge in top income shares, is market driven or related to major U.S.
* Most colonies experienced a fall in top income shares following independence.
As part of the amended agreement, unveiled on 7 January, Realty Income proposed to provide a one-time cash payment of USD0.35 per share to ARCT shareholders in addition to the previously agreed fixed exchange ratio of 0.2874 Realty Income shares for each ARCT share they own.
The respective weights of capital and labour are the capital's and labour's income shares in output, which, when perfect competition in factor markets prevails, equal the respective marginal products.
Realty Income shares were trading higher by 1.29% at $69.85 at the time of publication Tuesday.
Steve Clayton, manager of the HL Select UK Income Shares fund, said: "BP's efforts to drive down costs and boost production have paid off."
Steve Clayton, manager of the HL Select UK Income Shares fund which holds a position in BP, said the firm's production-boosting plan had "paid off".
The data to be processed include, But are not limited to, Actual purchase and sales orders, Withdrawn income shares, Coupons and commissions, And product charges.
BMO Capital & Income shares were up 0.2% trading at 317.68p each.
As mentioned before, income shares of capital and labor can be calculated corresponding to the three concepts of product and income in equation (5).
First, results show that the windfall did not contribute to substantially higher top income shares relative to the Nordic neighbors.