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What should be included as Income in the Funds' P&L?

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The income in a fund's Profit and Loss statement (P&L) typically includes realized gains from the sale of investments, unrealized gains from the increase in fair market value of investments, and any income generated from the investments such as dividends or interest. It's important to note that the specific components can vary depending on the fund's investment strategy and the types of investments it holds.

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