income shares


Also found in: Wikipedia.

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 ?
Even though the level of very top income shares today is similar, or perhaps even higher, than it was almost a century ago, the composition has changed substantially.
Este articulo examina varias dimensiones de la desigualdad en la region de America Latina centrandose en los top income shares y los coeficientes de Gini, los wealth shares y la distribucion de la riqueza.
Within the general topic of inequality, the study of the top wealth and income shares garners particular interest.
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.
Palma's findings suggest that most of the variation is indeed located in the top and bottom income shares, not in the middle which appears to be relatively stable across countries.
For this reason, we will follow Piketty and Saez (2003) in focusing our attention on top income shares as primary indicators of inequality trends.
Our income shares are time varying and not period averages.
2874 Realty Income shares for each share of ARCT common stock that they own.
However, the income shares of those at the upper end of the income distribution fell further in the 1988-1999 period than did the income shares of those at the upper end of the income distribution in the 1968-1979 period.
They can purchase income shares that each provide $10 of guaranteed monthly income for life.
Global Banking News-11 February 2010-The Hartford Income Shares Fund Inc declares dividend(C)2010 ENPublishing - http://www.
Our analysis relies on the recent construction of two high-quality state-level panels: an annual state-level panel on top decile income shares over the period 1916-2005 by Frank (2008), and an annual state-level panel on average years of schooling over the period 1840-2000 by Turner et al.