See Also: Dual-purpose fund(money)
Dual purpose fund(finance)
purpose(1)(dictionary)
all-purpose(dictionary)
purpose(dictionary)
purpose(2)(dictionary)
purpose-built(dictionary)
Purpose statement(money)
Purpose credit(finance)
Purpose statement(finance)

Dual purpose fund (finance)


A closed-end fund consisting of two classes of shares: preferred shares (shareholders receive all the dividends and interest from the portfolio) and common shares (shareholders receive all the capital gains).