Define: Growth And Income Fund

UK Accounting Glossary

Definition: Growth And Income Fund



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Full Definition of Growth And Income Fund


A growth and income fund is a mutual fund structured to provide both growth in value and current income payments. A growth and income fund will likely choose small-cap stocks for growth and large-cap stocks for income. Bonds are sometimes included heavily in a growth and income fund as well. The risk level of a growth and income fund is moderate and is therefore acceptable to investors who have a moderate risk tolerance. Managers of a growth and income fund will often research companies that show both growth and income together in the same security. Many mutual families (i.e. Fidelity, Vanguard, Janus) offer a growth and income fund. A growth and income fund may also be called a total return fund.


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Synonyms For Growth And Income Fund


total return fund


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Definition Sources


Definitions for Growth And Income Fund are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 9th February 2020.