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

Blue Owl Capital also announced a door crush at OCIC, its credit income fund, where repurchase requests this quarter rose to 21.9% of its investor shares, or $4.3 billion worth.

From Barron's • Apr. 2, 2026

“When the markets are rising 20 percent a year, people tend to forget about dividends,” John Linehan, portfolio manager of the T. Rowe Price equity income fund, said in an interview.

From New York Times • Aug. 13, 2022

The firm's global fixed income fund returned 4.91%.

From Reuters • Feb. 3, 2022

Hodges owns about $950,000 of Citigroup shares and about $600,000 of JPMorgan stock in its blue chip equity income fund, Mr. Bradshaw said.

From The Wall Street Journal • Jul. 13, 2018

“Fundamentally, it’s not moved with the times,” Richard Black, who oversees the U.K. equity income fund at Legal & General in London, said in a phone interview.

From BusinessWeek • Jan. 10, 2012