Current Income

外汇网2021-06-19 16:12:41 44

The investment objective for a moderately conservative portfolio of securities or mutual funds that provides high pidend and annuity payments to satisfy an investor's steady income requirements.

Taobiz explains Current Income

Current income portfolios are often created for inpiduals in their retirement years because steady income is needed for living expenses. Income garnered from a current income fund is derived from bond interest payments, pidends and annuity payments.

A current income portfolio is moderately conservative, as it often contains a large percentage of fixed-income securities, in addition to other assets such as blue-chip stocks and annuities. A current income portfolio can also include mutual funds within the same asset categories and strategies, such as a government bond fund and a pidend fund.

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