Top Dividend Mutual Funds for Steady Income for Retirees
As retirees seek to ensure a steady stream of income during their golden years, investing in dividend mutual funds can be a reliable option. Dividend mutual funds are designed to provide a consistent income by investing in a portfolio of dividend-paying stocks. For retirees looking for stability and steady income, here is a list of top dividend mutual funds to consider:
Vanguard Dividend Growth Fund (VDIGX):
This mutual fund focuses on companies with a strong history of growing dividends. Managed by Vanguard, VDIGX has a solid track record of providing consistent income and capital appreciation for retirees.
Fidelity Equity-Income Fund (FEQIX):
For retirees looking for a blend of dividend income and long-term growth potential, FEQIX is a compelling option. This fund invests in companies that pay dividends and have the potential for capital appreciation.
T. Rowe Price Dividend Growth Fund (PRDGX):
Managed by T. Rowe Price, PRDGX …
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