income fund
noun
a mutual fund that invests primarily in stocks that are likely to continue to pay or increase dividends.
Origin of income fund
1First recorded in 1930–35
Words Nearby income fund
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use income fund in a sentence
Paulson now manages $36 billion, more than the massive Fidelity Equity-income fund.
Hedge Fund Managers Are the Heroes of this Crisis | Frank Partnoy | November 18, 2008 | THE DAILY BEAST
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