Current Income

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

Current income portfolios are often created for individuals 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, dividends 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 dividend fund.


Investment dictionary. . 2012.

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  • current income — Income which is due within the present accounting period …   Black's law dictionary

  • current income — Income which is due within the present accounting period …   Black's law dictionary

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  • current income — Regular series of cash flows that is routinely received from investments in the form of dividends, interest, and other income sources. Bloomberg Financial Dictionary …   Financial and business terms

  • current income — present income, present earnings …   English contemporary dictionary

  • current income bonds — bonds paying semiannual interest to holders. Interest is not included in the accrued discount. Bloomberg Financial Dictionary …   Financial and business terms

  • current monthly income — A bankruptcy filer s total gross income averaged over the six month period immediately preceding the bankruptcy filing. The debtor s current monthly income is used to determine whether the individual debtor qualifies for a Chapter 7 or a Chapter… …   Glossary of Bankruptcy

  • income — in·come n: a gain or recurrent benefit usu. measured in money that derives from capital or labor; also: the amount of such gain received in a period of time an income of $20,000 a year Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • high current income mutual fund — A mutual fund whose primary goal is to produce a high level of income by making higher risk investments in instruments such as junk bonds. Bloomberg Financial Dictionary …   Financial and business terms

  • income distribution — There are two types functional and size. The functional distribution of national income shows how the total is made up of income from land, labour, and capital, or the contribution of each factor of production to the national income. In this… …   Dictionary of sociology

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