dual fund

A closed-end mutual fund that invests in two classes of stock — stock that pays dividends and stock that increases in investment value without dividends.

• A dual fund combines characteristics of an income fund and a growth fund.

— Also termed dual-purpose fund; leverage fund; split fund.

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词条贡献者

双语律师Peter，毕业于法国一流的高级翻译学院，擅长翻译涉及基础建设领域的法律文件。