Corporate income fund (CIF)

Definition:

A unit investment trust featuring a fixed portfolio of high-grade securities and other investments, usually with monthly distribution of income.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Proxy Fight

Competition of outside group with management for stockholders' proxies in order to accumulate votes to elect a new board of directors.

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