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High current income fund |
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High current income fundA fund which aims to pay a high dividend to its shareholders by investing in bonds or other companies which themselves produce good income, either through high rates of interest or high dividend yields.The focus of such a fund is resolutely on income and does not seek capital appreciation. Of course, really high income can sometimes only come from accepting more risk in investments. Junk bonds, now referred to as high yield bonds, pay high levels of interest precisely because the companies that issue them have soft credit ratings.Similar MatchesCurrent ratioCurrent ratioIndicator of short-term debt-paying ability. Determined by dividing current assets by current liabilities. The higher the ratio, the more liquid the company. Current liabilitiesCurrent liabilitiesAmount owed for salaries, interest, accounts payable and other debts due within 1 year. Current issueCurrent issueIn Treasury securities, the most recently auctioned issue. Trading is more active in current issues than in off-the-run issues. Current income bondsCurrent income bondsBonds paying semiannual interest to holders. Interest is not included in the accrued discount. Noncurrent liabilityNoncurrent liabilityA liability due in one year. Further SuggestionsPermanent Current AssetsNet current assets Current account balance Other current assets Current account surplus current ratio Current coupon Current yield Current income Current account Current account current income Current prices Current account deficit High current income mutual fund Permanent spontaneous current Liabilities current account Current coupon issues Current rate method Noncurrent asset Balance on current account Spontaneous Current Liabilities current liabilities current cost accounting Current assets |
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