A mutual fund characterized by its objective to pay a high income to shareholders. In order to achieve its goal, these funds typically make large investments in high-risk financial instruments like junk bonds in order to generate a high level of income.
Related information about high current income mutual fund:
- High Current Income Mutual Fund financial definition of High ...
A mutual fund whose primary goal is to produce a high level of income by making higher-risk investments in instruments such as junk bonds.
- High Current Income Mutual Fund: Definition from Answers.com
mutual fund with the objective of paying high income to shareholders. Such funds usually take higher risks than more conservative, but lower-yielding funds.
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Definition of high current income mutual fund: A mutual fund characterized by its objective to pay a high income to shareholders. In order to achieve its goal, ...
- High current income mutual fund Definition - NASDAQ.com
High current income mutual fund: read the definition of High current income mutual fund and 8000+ other financial and investing terms in the NASDAQ.com ...
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High current income mutual fund: A mutual fund whose primary goal is to produce a high level of income by making higher-risk investments in instruments such ...
- Series 26 Study Guide - Mutual Fund Accounts - Mutual Fund ...
Investopedia's Series 26 online Study Guide. In this section mutual fund taxation and distribution.
- Financial Jargon Your Adviser May Throw at You - CNBC
Oct 8, 2012 ... A "high current income mutual fund" sure sounds good, but it says little about its composition. Yes, its goal is to produce high current income, ...
- 06 Interest and Dividend Income Flashcards
Aug 31, 2010 ... Generally true. Interest income from Series E or EE Bonds or Series I Bonds paid by the US Treasury is taxable at maturity or when cashed or ...