HomeDefinitionsCompareDebt High current income mutual fundThe financial definition for High current income mutual fund:A mutual fund whose primary goal is to produce a high level of income by making higher-risk investments in instruments such as junk bonds. Similar MatchesCurrent accountCurrent accountNet flow of goods, services, and unilateral transactions (gifts) between countries. Current assetsCurrent assetsValue of cash, accounts receivable, inventories, marketable securities and other assets that could be converted to cash in less than 1 year. Current couponCurrent couponA bond selling at or close to par, that is, a bond with a coupon close to the yields currently offered on new bonds of a similar maturity and credit risk. Further SuggestionsCurrent coupon issuesCurrent income Current income bonds Current issue Current liabilities Current maturity Current production rate Click to compare definitions of High current income mutual fund Click to view definitions beginning hi |