Dual Purpose Fund

A fund created by a closed-ended investment company that offers two classes of stock. Each class offers entitlements to either income or capital appreciation.


The two types of stock offered by a dual purpose fund are capital and income. The fund's two kinds of potential cash flows allow individual investors to choose a specific class that is more in line with their investment objectives.



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Related Terms

Capital Share

Class

Closed-End Investment

Income Share

Mutual Fund

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