A mutual fund that invests in stocks issued by companies with a long history of paying dividends is called a(n)________ fund.

Question

Quizplus · Accepted Answer

Equity income funds focus on investing in stocks of companies that pay high dividends, which aligns with the description given. These funds aim to provide income to investors through the dividends of the stocks they hold, typically from companies with a long history of paying dividends.

A Mutual Fund That Invests in Stocks Issued by Companies