Dual Purpose Fund
A fund created by a closed-ended investment company that offers two classes of stock. Each class offers entitlements to either income or capital appreciation.

Investopedia Says:
The two types of stock offered by a dual purpose fund are capital and income. The fund's two kinds of potential cash flows allow individual investors to choose classes that are more in line with their investment objectives.

Related Terms:
Capital Share
Class
Closed-End Investment
Income Share
Mutual Fund

• Five Against Note Spread (FAN)
• Five Cs Of Credit
• Five-Year Rule
• Fixed Annuity
• Fixed Asset
• Fixed-Charge Coverage Ratio
• Fixed Cost
• Fixed Exchange Rate
• Fixed-For-Fixed Swaps
• Fixed-For-Floating Swap
• Fixed Income
• Fixed-Income Arbitrage
• Fixed Income Clearing Corporation (FICC)
• Fixed Income Clearing Corporation (FICC)
• Fixed-Income Security
• Fixed-Income Style Box
• Fixed Interest Rate
• Fixed-Period ARM
• Fixed-Rate Capital Securities
• Fixed-Rate Mortgage
• Fixed Term
• FJD
• FKP
• Flag
• Flash Price