Home >                  	Term: dual-purpose income funds  
dual-purpose income funds
Seeks long-term capital appreciation and preservation of capital, and current income and long-term growth of income, primarily by investing in dividend-paying common stocks and interest-bearing securities. Income shares have priority on redemption.
- Part of Speech: noun
 - Industry/Domain: Financial services
 - Category: Funds
 - Company: Merrill Lynch
 
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- MJ63
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