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income fund
in·come fund (plural in·come funds)


noun 
Definition:
 
mutual fund providing income: a mutual fund where investments are selected by the fund on the basis that they will produce high levels of dividend or interest, rather than increase in value
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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