Definitions for "Equity Income Funds"
Keywords:  seek, rallies, akin, cheapest, risky
This category of funds seeks a high level of current income without undue risk. They invest primarily in dividend-paying stocks, bonds, and/or bonds convertible into stocks of companies with long-term growth potential.
A fund that seeks to provide relatively high current income and growth of income by investing a large portion of its assets in stocks.
Mutual funds that invest in stocks and seek a high level of current income while attempting to minimize risk.