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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 pricesCurrent pricesRefers to prices in the present, rather than in some base year; e.g., "GDP at current prices" means GDP as measured, in contrast to real GDP, or "GDP at XXXX prices," where the latter is measured in the prices of year XXXX. Current accountCurrent accountA bank account which offers a number of facilities including cheque book for debt settlement, deposits, direct debits and where applicable, overdrafts. This type of account is normally used for ongoing transactions (for example monthly direct debits and writing of cheques etc.) as opposed to a deposit account.A balance of payments account listing transactions other than capital movement.An account listing transactions between trading companies. Current account balanceCurrent account balanceBalance on current account Spontaneous Current LiabilitiesSpontaneous Current LiabilitiesShort-term obligations that automatically increase and decrease in response to financing needs, such as accounts payable. Current account deficitCurrent account deficitDebits minus credits on current account. See deficit. Further SuggestionsCurrent maturityBalance on current account Other current assets Current issue Current assets Net current assets Current income current liabilities Current income bonds Current coupon issues Current rate method Current yield Permanent spontaneous current Liabilities Current production rate Permanent Current Assets current assets Current coupon Current account surplus Current account current income current cost accounting Current liabilities Noncurrent liability current ratio High current income mutual fund |
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