High current income fund - A 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.
High current income fund : a 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.
High current income fund