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Finance Glossary

Just call us Bond. Amortized bond.

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Equity Income Fund

Definition:

See Equity Funds. A form of equity fund which stresses income usually coming to shareholders in the form of dividends paid by relatively mature companies. A typical equity income fund holding might be Heinz or AT&T or Pfizer which are all well-developed companies growing at relatively slow rates but who have lots of "excess" cash to give back to investors.

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