Comprehensive Guide to Income and Growth Investment Trusts in the U.S.: Options, Features, Pricing, and Affordable Providers

Explore top income and growth investment trusts in the U.S. For more information, use a quick search below.

1. Calamos Growth and Income Fund (CGIIX)

• Overview:
  The Calamos Growth and Income Fund is designed to balance capital appreciation and regular income generation. It employs a multi-asset approach, combining equity investments with convertible securities, fixed income instruments, and options. The fund focuses on delivering returns with reduced volatility, making it a reliable choice for conservative investors seeking steady growth and income.
• Key Features:
  • Diversification: Combines equities, convertibles, and fixed-income securities to minimize risk.
  • Risk Management: Incorporates hedging strategies to protect against market downturns.
  • Income and Growth Focus: Targets both capital appreciation and consistent income streams.
  • Flexibility: Adapts to changing market conditions using active management.
• Pricing:
  • The net asset value (NAV) per share for Class I is approximately $72.29 (as of January 2025).
  • Expense ratios and minimum investment requirements vary by share class; detailed information is available in the fund's prospectus.

2. Janus Henderson Growth and Income Fund (JGINX)

• Overview:
  This fund focuses on investing in high-quality large-cap companies that provide a combination of dividend income and growth potential. The portfolio is designed for investors seeking long-term growth while benefiting from consistent payouts through dividends. The fund places an emphasis on companies with strong financial health and effective capital allocation strategies.
• Key Features:
  • High-Quality Investments: Concentrates on financially stable large-cap companies.
  • Dividend Emphasis: Prioritizes companies that consistently distribute dividends.
  • Growth Potential: Seeks capital appreciation through undervalued or high-growth stocks.
  • Long-Term Focus: Designed for investors with a multi-year investment horizon.
• Pricing:
  • The NAV per share for Class A is $72.29 (as of January 2025).
  • Expense ratios vary by share class, with competitive rates compared to industry standards.

3. Virtus Income & Growth Fund

• Overview:
  The Virtus Income & Growth Fund combines income-generating assets such as high-yield bonds with equities to provide a balanced investment approach. This fund is suitable for investors looking to diversify their portfolios with a mix of asset classes to achieve steady income and moderate growth.
• Key Features:
  • Multi-Asset Strategy: Invests in equities, high-yield bonds, and convertibles for balanced returns.
  • Current Income: Prioritizes investments that provide regular distributions.
  • Capital Appreciation: Focuses on long-term value growth through strategic asset allocation.
  • Portfolio Diversification: Reduces risk by spreading investments across multiple sectors and asset classes.
• Pricing:
  • NAV and expense ratios are competitive; detailed pricing can be accessed through the fund’s official website or financial advisors.

4. Vanguard Equity Income Fund

• Overview:
  Vanguard’s Equity Income Fund targets companies with above-average dividend yields, making it a popular choice for income-focused investors. Its diversified portfolio includes stocks from various sectors, ensuring consistent returns and mitigating risks. Vanguard’s reputation for low-cost funds makes this an attractive option for cost-conscious investors.
• Key Features:
  • Dividend Focus: Invests in companies with strong dividend payout histories.
  • Broad Sector Exposure: Reduces risk through diversification across industries.
  • Cost Efficiency: Maintains a low expense ratio, enhancing net returns.
  • Stable Income: Provides regular income through dividend distributions.
• Pricing:
  • Expense ratio: 0.27%, significantly lower than many peers.
  • Minimum investment requirement: $3,000.
  • NAV per share fluctuates with market conditions and is updated daily.

Key Considerations When Choosing an Income and Growth Investment Trust

1. Investment Objectives: Determine whether the fund aligns with your need for regular income, long-term growth, or a balance of both.
2. Risk Tolerance: Evaluate your comfort level with market fluctuations and potential losses.
3. Expense Ratios: Choose funds with competitive expense ratios to maximize returns over time.
4. Performance Track Record: Assess the fund’s historical performance, keeping in mind that past results do not guarantee future success.
5. Portfolio Management: Look for funds managed by experienced professionals with a proven track record.

Affordable Providers of Income and Growth Investment Trusts in the U.S.

1. Vanguard: Known for its low-cost investment options and high-quality funds.
2. Fidelity Investments: Offers a wide range of income and growth funds with no transaction fees for certain mutual funds.
3. T. Rowe Price: Provides actively managed funds focusing on a balance between income and growth.
4. Charles Schwab: Offers competitive pricing and a variety of income-focused funds for diverse investment needs.
5. BlackRock: Specializes in diversified, multi-asset funds designed for income and growth investors.

By carefully considering the options outlined above and evaluating their features, pricing, and management strategies, investors can select an income and growth investment trust that aligns with their financial goals and risk tolerance.