Yield Tilt Index Fund Law and Legal Definition
Yield tilt index fund is a mutual fund that primarily holds stocks with high dividend yields. It is a mutual fund that diversifies its holdings among a universe of stocks that is tilted in the direction of higher yield, such as the high-yield stocks that comprise the Standard & Poor's 500 Index (S&P 500). Stocks with higher dividend yields are given a greater portfolio weighting, making them represent more of the fund's portfolio than they otherwise would in the standard index.
