income equity fund

income equity fund definition - finance
A mutual fund that intends to create income by investing primarily in equity securities of companies with good dividends. Capital appreciation is not a goal.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.