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Dual-purpose capital funds
Seeks both long-term (LT) capital appreciation and preservation, current income and LT growth of income, investing in dividend-paying stocks and interest-bearing securities. Capital shares incur no management-fees, receive no income, and bear gains/losses of capital.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
- Product:
- Acronym-Abbreviation:
Other Languages:
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