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income fund

American  

noun

  1. a mutual fund that invests primarily in stocks that are likely to continue to pay or increase dividends.


Etymology

Origin of income fund

First recorded in 1930–35

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

A 17.2% return for the $62 billion hybrid Vanguard Equity Income fund also boosted Vanguard’s standing.

From Barron's

Desai: The Franklin Income fund, or FRIAX, consistently delivers a steady but unexciting return.

From Barron's

Desai: The Franklin Income fund, or FRIAX, consistently delivers a steady but unexciting return.

From Barron's

Desai: The Franklin Income fund, or FRIAX, consistently delivers a steady but unexciting return.

From Barron's

On Dec. 16, shareholders at Priority Income Fund’s annual meeting rejected a proposal for the fund to offer stock to the public next year with a 270-day period in which existing investors wouldn’t be able to sell all their shares.

From The Wall Street Journal