Business, Legal & Accounting Glossary
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.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Growth And Income Fund are sourced/syndicated and enhanced from:
This glossary post was last updated: 9th February, 2020 | 0 Views.