How does the Fund seek to produce income?
The Fund invests in a portfolio of income producing securities consistent with its objectives and guidelines. The Fund’s strategy is pretty straightforward – maximize income over the long term, while not exposing the Fund’s net asset value to unnecessary risk. Over the long run, the income generated by a Fund’s securities portfolio will be influenced primarily by two things – the level of long-term interest rates (typically measured by the yield on 30 year U.S. Treasury bonds) and the relationship of yields on the preferred securities held by the Fund to those long-term interest rates.
Related Questions
- Did the Fund pay a year-end dividend? If so, what was the record and pay dates, the amount, and was the dividend from capital gains or from net investment income?
- Is now a good time to invest in the ICICI Prudential Income Opportunities Retail-G fund?
- How will the Managed Income Fund change after the conversion?
