C share cdsc charge
WebMar 22, 2024 · The contingent deferred sales charge, called a CDSC or a "back-end load", is a fee that is charged by mutual fund companies on certain classes of shares when you sell or redeem them.
C share cdsc charge
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Webcharge, called a “Contingent Deferred Sales Charge” (CDSC), which you pay when you redeem your shares. – Typically offer decreasing CDSC each year you hold the shares, until it reaches zero (usually after six years) . – Generally have 12b-1 and administrative fees that are higher than Class A shares and the same as Class C shares. WebC-Share. A class of mutual fund with a constant load. The load is a fee that the investor pays in order to maintain his/her investment in a mutual fund; it is designed to cover the …
WebPerformance results with sales charges reflect the deduction of the applicable contingent deferred sales charge (CDSC). Class C shares are subject to a CDSC of 1.00% if you redeem your shares within twelve(12) months of purchase, based on the lesser of the shares’cost at purchase or current net asset value at time of redemption. WebSep 29, 2024 · The presence of the contingent deferred sales charges means that the investor must pay a $400 fee upon the sale of the investment ($10,000 x .04). Ideally, the earnings from the investment should more than make up for the contingent deferred sales charges. In this example, the fund must therefore return 14% in one year to reach …
WebIf you buy Class T shares, you pay a sales charge at the time of purchase on investments that do not qualify for a sales charge waiver as described in the prospectus, but if you redeem your shares you pay no CDSC. Class T shares are subject to a Rule 12b-1 fee at an annual rate of 0.25% of the average daily net assets of the Class T shares. WebYour purchases of Class C shares are made at the NAV per share for Class C shares. Although Class C shares have no front-end sales charge, they carry a CDSC of 1.00% that is applied to shares sold within the first year after they are purchased. After holding Class C shares for one year, you may sell them at any time without paying a CDSC.
WebClass C shares When you purchase class C shares, as with class B shares, there is no initial sales charge. However, if you redeem the shares within one year of purchase, you pay a 1% CDSC. Class C shares also charge higher expenses and distribute a lower yield than class A shares due to a higher 12b-1 fee. For some tax-exempt funds, class C ...
WebMaximum Sales Charges: Class A - Front-end Charge: ... 2.75%: 1.50%: Class B shares were merged into Class A effective June 24, 2016. Class C - Contingent Deferred Sales Charge (CDSC) Effective 6/21/21, Fidelity Advisor Class C shares convert to Class A shares after 8 years. 1.00% for shares held less than 12 months. smallest ship to cross the atlanticWebMar 30, 2007 · The maximum offering price (MOP) returns take into account the contingent deferred sales charge (CDSC) for Class C shares, which for this fund is 1.00%. This … song of solomon chapter 8 commentaryWebFor purchases of $500,000 or more, a 1% Contingent Deferred Sales Charge (CDSC) may apply for the first year. The 0.25% annual trail will begin in the 13th month. 2 The … smallest shoe in the worldWebMar 30, 2024 · Class B shares typically don’t charge a front-end sales charge when you buy shares, but they normally impose what’s called a contingent deferred sales charge (CDSC) if you sell your shares within a certain period, often six years. Sometimes called a back-end load, the CDSC normally declines the longer your hold your shares and … song of solomon chapter 7 litchartsWebMar 30, 2007 · For performance current to the most recent month-end, visit www.pimco.com or call (888) 87-PIMCO. The maximum offering price (MOP) returns take into account the contingent deferred sales charge (CDSC) for Class C shares, which for this fund is 1.00%. This charge may apply to shares redeemed during the first year of ownership. song of solomon chapter 7 commentaryWebClass C shares may have a surrender charge or back-end sales charge known as a Contingent Deferred Sales Charge (CDSC) applied when shares are sold. Class C shares may still be held, but no new Class C shares may be purchased. Yes. Existing Class C shares may remain invested in Class C shares. When the Class C shares are sold … song of solomon cjbWebThere is no initial sales charge when you purchase Class C shares. However, if you redeem the shares within one year of purchase, you pay a 1% CDSC. Class C shares have higher expenses due to their higher Rule 12b-1 fees and, therefore, their yields are lower than Class A shares. Purchases of $1,000,000 and above will automatically be made in ... smallest ship in the world