income fund

American  

noun

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

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Etymology

Origin of income fund

First recorded in 1930–35

Example Sentences

John Sheehan, manager of the Osterweis Strategic Income Fund, told Barron’s that days like Tuesday highlight the need for steady income.

From Barron's

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