current income

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Related to current income: Investment income, Income stock

Current income

Regular series of cash flows that is routinely received from investments in the form of dividends, interest, and other income sources.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Current Income

Describing a portfolio containing primarily fixed-income securities and blue chip stocks that pay high dividends. A current income portfolio provides a steady income to the portfolio holder. As such, a portfolio does not hold high-growth or start up stocks; it follows a relatively conservative investment strategy. Most commonly, current income portfolios are held by retirees and others who seek a modest (but still substantial) return at little risk.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

current income

Investment income earned from interest, dividends, rent, premiums from option writing, and similar sources as opposed to that derived from increases in asset value.
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.
References in periodicals archive ?
Observation: The rule prohibiting possible corpus distributions to anyone other than the current income beneficiary during that beneficiary's lifetime is an absolute requirement to maintaining the trust as an eligible S shareholder.
The Smiths reduce their current income tax liability and future estate tax liability while avoiding capital gains tax on the property's appreciation.
Current tax recoverables include all current income taxes reasonably expected to be recovered in a subsequent accounting period.
The current income trust must have its income paid out at least annually to the beneficiary with no discretion left to the trustee to accumulate income.
For a current income bond, the Wizard shows the current interest rate, the bond's next payment and final maturity dates, and allows a user to enter the amount of interest deferred from other bonds applied to the purchase of the current income bond.
402(c)(1) allows an individual to receive an eligible rollover distribution from a qualified retirement trust without being subject to current income taxation or premature distribution penalties, if he transfers such distribution to another eligible retirement plan, such as an individual retirement account (IRA), within the 60-day period beginning on the distribution receipt date.
PIM is a diversified closed-end management investment company and seeks high current income by allocating its investments among the US investment-grade sectors, high-yield sector and international sector.
When the unitrust recipient can rely on other sources of income, the trustee can invest the trust assets in variable deferred annuities that do not provide much current income, but which have significant appreciation potential.
All three closed-end management investment companies, VCF and VMM seeks to provide current income exempt from federal income tax and from the personal income tax of its state, if any, consistent with the preservation of capital, while VFL aims to provide current income exempt from regular federal income tax consistent with the preservation of capital.
According to the IRS, the intent of the annual exclusion provision is accomplished by a gift in trust only when the individuals holding withdrawal powers have "current or long term economic interests in the trust and in the value of the corpus" (e.g., current income or vested remainder interests).
EAD is a closed-end high-yield bond fund that seeks a high level of current income and also capital appreciation; ERC is a closed-end income fund that aims at a high level of current income consistent with limiting its overall exposure to domestic interest rate risk; and ERH is a closed-end equity and high-yield bond fund that seeks a high level of current income and moderate capital growth, with an emphasis on providing tax-advantaged dividend income.
during the current income beneficiary's life there could be only one income beneficiary; 2.

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