Mutual fund shares that are charged a back-end load if they are sold within one year and higher annual fees for the life of the investment than Class A shares, typically in the form of ongoing marketing and distribution fees. Sometimes referred to simply as C Shares.
Related information about Class C shares:
- C-Share Definition | Investopedia
Class C shares don't have front-end loads, but have small back-end loads that are typically around 1% and may vanish once the shares have been held for a ...
- The ABCs Of Mutual Fund Classes
Aug 31, 2009 ... No Conversion - Unlike Class B shares, Class C shares cannot be converted ... As such, if you have a long time horizon, Class C shares are not ...
- What is Class C Shares? - Investor Glossary
What is Class C Shares? Find out right now with a helpful definition and links related to Class C Shares.
- Investor Alert - Understanding Mutual Fund Classes - FINRA
Oct 6, 2008 ... Class C shares do not impose a front-end sales charge on the ... Often Class C shares impose a small charge (often 1 percent) if you sell your ...
- Share Class FAQ
Class C shares have no initial sales charge deducted and a 1% CDSC is only applied if a shareholder redeems the account in the first 12 months; after 12 ...
- American Funds - Share class pricing details
Investors have the option of investing in Class C shares for purchases of up to $500,000 and ... Class C shares convert to Class F-1 shares after 10 years.
- Class C shares - Invest Definition
Class C shares definition: Mutual funds shares that typically have no up-front or back-end sales load, or sales charge. If the shares are held for a minimum ...
- mutual funds share classes A, B, C
Class C shares may have a 12b-1 fee, other annual expenses, and either a front- or ... Class C shares may impose contingent deferred sales charges or other ...