What is Income Fund?
Meaning of Income Fund: An income fund is a type of mutual fund, or exchange traded fund (ETF), that focuses on a sustainable income rather than a return on capital or a definition of capital on a monthly or quarterly basis. These funds usually include various government, municipal and corporate loans, preferred stocks, money market instruments and dividend stocks.
- An income fund is a mutual fund or ETF that prioritizes current income, usually in the form of an investment that pays interest or profit.
- Income funds can be invested in bonds or other fixed income securities, as well as preferred stocks and profits.
- Income funds are often considered less risky than funds that focus on capital gains.
High yield mutual funds that provide stable income to the owners
Literal Meanings of Income Fund
Meanings of Income:
Money received regularly for work or investment.
Sentences of Income
Have a good house and a decent income
Synonyms of Income
remuneration, emolument, salary, stipend, pay, wages, earnings
Meanings of Fund:
Paying for a specific purpose.
The amount of savings or money available for a specific purpose.
Sentences of Fund
The World Bank refused to finance the project
Created Economic Investment Coordination Fund
Synonyms of Fund
float, support, finance, provide finance for, maintain, underwrite, pool, kitty, pay for, back, put up the money for, endow, subsidize, purse, provide capital for, reserve, sponsor, be a patron of, collection, capitalize