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Topic: Income fund


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In the News (Sun 3 Jun 12)

  
  Global Income Fund, Inc. - Welcome
The primary and fundamental objective of Global Income Fund, Inc. (AMEX Symbol: GIF) is to provide a high level of income.
The Fund pursues its investment objectives by investing primarily in a global portfolio of investment grade fixed income securities and closed end funds that invest significantly in income producing securities.
The Fund is non-diversified and may allocate up to 35% of its assets in below investment grade debt.
www.globalincomefund.net   (179 words)

  
  CNW Telbec
On April 1, 2005, the Fund announced to its unitholders a proposed reorganization of the Fund and its subsidiaries.
The Fund believes that, in addition to the disclosure of the results of operations, same-store results are an important analysis, as they provide information on the performance of owned assets that may not be apparent from financial statements prepared in accordance with GAAP when a company is acquisitive.
The Fund's income is derived from its wholly-owned subsidiaries.
www.cnw.ca /fr/releases/archive/February2006/21/c0112.html   (10633 words)

  
  PGDC Technical Report - Pooled Income Fund
Income distributions are made to each participant for their lifetime; after which, the portion of the fund assets attributable to the participant is severed from the fund and used by the charity for its charitable purposes.
Pooled income fund beneficiaries are required to include in their gross income all amounts properly paid, credited, or required to be distributed to them during the taxable year or years of the fund ending within or with their taxable year.
Pooled income funds are, by virtue of IRC 4947(a)(2), subject (with limited exceptions) to the private foundation excise taxes imposed under sections 4941 (relating to taxes on self-dealing), 4943 (relating to taxes on excess business holdings), 4944 (relating to investments which jeopardize charitable purpose), and 4945 (relating to taxes on taxable expenditures).
www.pgdc.com /usa/item/?itemID=60848   (9511 words)

  
 Pooled Income Fund (PIF)
At the death of the income beneficiary, the remaining assets left in the pooled income fund account are transferred to the Church or one of its institutions.
When the income beneficiaries die, the remaining assets in your portion of that fund are transferred to the Church or one of its institutions.
The income tax deduction you receive when giving through a pooled income fund is based on an Internal Revenue Service formula that considers your age, the ages of other income beneficiaries, the projected assumed payout of the fund, and a federal index rate.
www.lds.org /ldsfoundation/ways/default/0,8113,693-1-3-15,00.html   (365 words)

  
 AXA Enterprise Equity Income Fund
Equity income funds are frequently thought of as an investor's "core" equity fund because of their twin objectives of capital appreciation and income.
You may be familiar with the typical portfolio holdings of an equity income fund — easily recognizable "institutions" of the American corporate scene such as established companies in the chemical, capital goods, energy, utility and banking industries.
The AXA Enterprise Equity Income Fund is a way to combine investor need for both capital appreciation and income through a fund which seeks to achieve an above-average and consistent total return.
www.enterprisefunds.com /funds/E111.asp?id=1   (305 words)

  
 Massachusetts business trust - Wikipedia, the free encyclopedia
During the last century and through the mid years of this century the tax laws and State regulations strongly favored corporate structures, tightening of these laws in the past 10-15 years have resulted in the resurgence of the use of the UBO.
For example, in 1985 the Scudder Capital Growth Fund, Inc. and Kemper Money Market Fund, Inc. changed their forms of organization from corporate to a Business Trust Organization.
the widow of a trust created by the late husband), whether or not the income is actually distributed (it happens), and complex trusts, which are, in general, all trusts that aren't grantor trusts or simple trusts.
en.wikipedia.org /wiki/Business_trust   (518 words)

  
 Edward Jones: Mutual Fund Families   (Site not responding. Last check: 2007-10-03)
Funds whose investments are concentrated in a specific industry, sector or geographic area may be subject to a higher degree of market risk than funds whose investments are diversified.
Return After Taxes on Distribution and Sale of Fund Shares assumes all shares were redeemed at the end of each measurement period, and shows the effect of any taxable gain (or offsetting loss) on redemption, as well as the effects of taxes on fund distributions.
Beta is a measure of a fund's or stock's volatility compared to that of the overall stock market, which, as measured by the S&P 500 Index, has a beta of 1.00.
federatedinvestors.com /ffw/clientpages/edj/edj_fundfacts.asp?bid=10241   (954 words)

  
 CNW Group
Fund Description Pembina Pipeline Income Fund is among the predominant issuers in the Canadian energy infrastructure trust sector.
Fund Strategy Pembina's principal objective is to provide a stable stream of distributions to Unitholders that are sustainable over the long-term while pursuing opportunities for enhancement through accretive growth.
Net operating income for the quarter rose 143 percent from $5.9 million in 2005 to $14.2 million in 2006, and rose 97 percent on a year-to-date basis from $17.8 million generated through the first nine months of 2005 to $35.0 million for the same period of 2006.
www.newswire.ca /en/releases/archive/October2006/25/c4100.html   (5297 words)

  
 Pooled Income Fund
A pooled income fund is a charitable giving instrument that enables you to make a significant gift during your lifetime but retain the right to receive income on the donated assets.
At the death of the last income beneficiary, the share of the Fund attributable to your gift is removed from the Fund and is used for the purpose you specified.
These funds make it possible to fulfill our mission to “admit and maintain people who are unable to pay the full entry or monthly fees.” There are existing restricted funds at each community for assistance to residents who may outlive their resources or otherwise experience financial reverses.
www.kendal.org /giving/PooledIncomeFund.htm   (1313 words)

  
 Retirement Income Fund
Opened May 1, 2003, The Retirement Income Fund is a diversified, SEC registered, open end mutual fund investing in income producing securities.
The fund is no-load with no redemption fees except for a 1% fee on redemption of shares within one year of purchase designed to discourage short term trading.
The Fund is for long-term investors whose principle objective is income.
www.retirementincomefund.com /about.htm   (226 words)

  
 Washington Bible College - Capital Bible Seminary - Pooled Income Fund
Your contribution to the fund is “pooled” or combined with the contributions of other donors, and your contribution is assigned its share of units in the fund.
Upon the death of the last surviving income recipient, your units are taken out of the Legacy Pooled Income Fund and used to support the institution.
The direct distribution of Fund property at death is permitted, thus reducing probate expenses and delays.
www.bible.edu /index.cfm?PAGE_ID=847&EXPAND=847   (455 words)

  
 University of Missouri - Columbia - Article Detail   (Site not responding. Last check: 2007-10-03)
Neither she nor the fund incurs any long-term capital gain, even though the stock is sold and the proceeds are invested in other securities.
For income tax purposes, your income from the pooled income fund is taxable as ordinary income, which is 100 percent taxable.
The annual income payments are not affected by the ages of the beneficiaries either.
www.wpg.cc /stl/CDA/articleDetail/1,1001,579-431,00.html   (1668 words)

  
 Income Fund -- A complete definition
Income funds are mutual funds that seek to generate a stream income for shareholders by investing in instruments that offer dividends or interest payments.
Income investors must also consider their risk tolerance, the fund's expense level, the presence and size of any loads, and the fund’s tax efficiency for their particular circumstances.
In general, the added volatility of income funds (compared to many bond funds or Treasuries) means they are not recommended for investors who are investing for a year or less.
www.streetauthority.com /terms/i/income-fund.asp   (1034 words)

  
 CNW Group
Income before non-controlling interest of Class B Exchangeable Units ("Class B Units") for the quarter ended September 30, 2006, was $2.1 million, compared to a loss of $69.9 million for the quarter ended September 30, 2005.
Income before non-controlling interest of Class B Exchangeable Units ("Class B Units") for the nine months ended September 30, 2006, was $7.4 million, compared to a loss of $66.3 million for the same period of 2005.
The Fund is in compliance with these financial covenants as at September 30, 2006 and management of the Fund believes that it will be able to comply with these amended terms and conditions throughout the balance of the year.
www.newswire.ca /en/releases/archive/November2006/08/c9679.html   (4873 words)

  
 Menu Foods Income Fund - Annual General Meeting
As a result of adulterated wheat gluten there have been several additional pet food and pet treat product recalls that are not part of the Menu Foods recall.
Menu Foods Income Fund: Progress in Search for Cause of Pet Illnesses
If you are in possession of a variety or multi-pack, please be sure to check the individual can or pouch rather than relying solely on the date coding on the side of the carton.
www.menufoods.com /recall   (258 words)

  
 Citizens Income Fund
The fund invests primarily in bonds and mortgage-backed securities that have expected maturities of anywhere from 2 to 30 years and during normal market conditions, maintains a weighted average maturity of between 3 and 15 years.
The Citizens Income Fund may be an appropriate option for investors seeking a higher level of current income than is generally available from short-term securities or a diversified investment program beyond equity funds.
There is also the chance that one of the fund’s holdings will have its credit rating downgraded or may default, potentially reducing the fund’s income level and share price.
www.citizensfunds.com /funds/income/index.htm   (290 words)

  
 Pooled Income Fund (PIF)
The pooled income fund (PIF) is often referred to as the "mutual fund of life income gifts." A gift of cash or securities is transferred into a pooled income fund at Deseret Trust Company, which, as trustee, manages the assets and pays an income for life to you or the income beneficiaries you designate.
At the death of the income beneficiary, the remaining assets left in the pooled income fund account are transferred to the Marriott School.
The income tax deduction you receive when giving through a pooled income fund is based on an Internal Revenue Service formula that considers your age, the ages of other income beneficiaries, the projected assumed payout of the fund, and a federal index rate.
marriottschool.byu.edu /giving/pif.cfm   (348 words)

  
 Pooled Income Funds Disclosure Statement
A gift to a pooled income fund does not require the larger gift needed for an individual charitable remainder trust, but it does maintain its advantages: receiving a charitable contribution tax deduction based on age, bypassing capital gains tax on appreciated property and receiving an income for life.
All payouts from the pooled income funds are passed upon the number of PIF units an individual account holds.
Charitable Pooled Income Funds and their invested assets are exempt from the registration requirements of the federal securities laws, pursuant to the Philanthropy Protection Act of 1995 which exempts collective investment funds and similar funds maintained by charitable organizations.
www.elca.org /fo/disclosurepooledincomefunds.html   (1858 words)

  
 Fixed Income: Choosing a Fund Type
Funds that invest primarily in lower-credit-quality securities may complement the other bond as well as stock funds in your portfolio.
Funds that focus on a relatively small number of issuers tend to be more volatile than diversified funds and the market as a whole.
Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund.
personal.fidelity.com /products/fixedincome/fichoosingafund.shtml   (1106 words)

  
 ETFConnect - Fund Quick Facts - Aberdeen Global Income Fund - FCO   (Site not responding. Last check: 2007-10-03)
Lack of Diversification - A concentrated or sector fund may be subject to greater price volatility or adversely affected by the performance of the securities in that particular sector.
The calculation assumes that all income and capital gains distributions by the Fund have been reinvested at net asset value (share price) on the ex dates during the period.
Income from this fund may be subject to state and local taxes, as well as to the alternative minimum tax.
www.etfconnect.com /select/fundPages/global.asp?MFID=8014   (702 words)

  
 Enbridge Income Fund
In other words, a fund excels at what an income fund is intended to do — preserve capital and distribute a steady but gradually growing cashflow stream.
All aspects of the Fund were designed with this vision in mind including: 1) the high quality nature of the initial asset base, 2) conservative initial cash flow forecasts, 3) a commitment to excellence in governance, 4) low management fees, and 5) the subordination of Enbridge Inc.'s trust units.
The Fund is sponsored by and aligned with the strategic objectives of Enbridge Inc., a company with one of the strongest track records in North America for managing energy infrastructure assets.
www.enbridgeincomefund.com /investor/ar2003/letter/index.html   (875 words)

  
 Pooled Income Fund
Contributors to the fund receive a proportionate share of the income from the fund each year.
Investment income payable each year on the shares contributed to the fund will be paid to you or your beneficiary.
All pooled income funds for the Seventh-day Adventist Church are maintained and carefully invested through the General Conference Pooled Income Fund.
www.willplan.org /pooled_income_fund_.html   (446 words)

  
 IXIS Advisor Funds: Loomis Sayles Strategic Income Fund Information
While the fund's flexibility allows the managers to pursue opportunities across the global fixed-income marketplace, this approach exposes the fund to risks associated with foreign investments, including currency fluctuations, different political and economic conditions, and different accounting standards.
The fund also may invest in higher-yielding securities, which are considered riskier than investment-grade securities because there is a higher rate of default among the issuers of such securities.
Other expenses, including sales charges, apply to a continued investment in the fund and are described in the fund's current prospectus.
www.cdcnvestfunds.com /shared/fund_info/strategic.asp   (514 words)

  
 The Oakmark Equity and Income Fund Overview
The Oakmark Equity and Income Fund seeks income and preservation and growth of capital.
Clyde is a Portfolio Manager of The Oakmark Equity and Income Fund, The Oakmark Global Fund, and numerous separate accounts for Harris Associates.
Beta is a quantitative measure of the volatility of a given stock, mutual fund, or portfolio, relative to the overall market, usually the S&P 500.
www.oakmark.com /funds/single/sf_o.asp?fund_id=20   (688 words)

  
 FundX Flexible Income Fund
INCMX may be appropriate for investors seeking growth of capital and current income consistent with the assumption of a low to moderate level of market risk associated with investing in a portfolio that depends largely on the value of fixed-income securities.
Fund holdings are subject to change at any time and are not recommendations to buy or sell any of the underlying funds.
Underlying funds that are non-diversified will invest a larger percentage of their assets in individual companies than a diversified fund.
www.fundxfund.com /INCMX.cfm   (531 words)

  
 Amana Mutual Funds Trust: Income Fund
The objectives of the Income Fund are current income and preservation of capital, consistent with Islamic principles; current income is its primary objective.
The Growth Fund typically invests in smaller and less seasoned companies than the Income Fund, which may lead to greater variability in Growth Fund’s returns.
The Growth Fund is suitable for investors seeking higher returns and willing to accept greater fluctuations in value (risk) than Income Fund investors.
www.amanafunds.com /amanx.html   (841 words)

  
 The Pooled Income Fund   (Site not responding. Last check: 2007-10-03)
Gifts to the fund are invested together and income from the fund is distributed to the beneficiaries according to their share of the fund.
She donates it to the pooled income fund to eventually fund scholarships for undergraduate students and reserves an income interest for life.
The fund’s objective is to provide a 6 percent income stream over the long term; however, this rate depends on market conditions.
www2.tulane.edu /giving/TPIFS.cfm   (391 words)

  
 Davis Appreciation & Income Fund - Portfolio Manager Interview
SL Green, an operator of Manhattan office properties, grew to be the largest holding in the Fund in the first half of 2006 and then saw its shares appreciate an additional 22% in the second half of the year.
The Fund's strategy of hedging with futures and options on futures are incidental to the Fund's activities in the underlying cash market.
The Advisor and the Fund have claimed exclusions from the definition of the term "commodity pool operator" under the Commodities Exchange Act and, therefore, are not subject to registration or regulation as a pool operator under the Commodities Exchange Act.
www.davisfunds.com /daifpmqa.html   (2993 words)

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