A back-end load that is calculated and charged by a mutual fund on the basis of how long the fund is owned before redemption. The CDSL reduction schedule is published in the fund's prospectus, but generally speaking, the CDSL is eliminated completely if the fund is held long enough. Compare to Front-End Load.
Related information about contingent deferred sales load (CDSL):
- What is contingent deferred sales load (CDSL)? - InvestorWords.com
Definition of contingent deferred sales load (CDSL): A back-end load that is calculated and charged by a mutual fund on the basis of how long the fund is owned ...
- Sales Loads - Mutual Funds Center - Yahoo! Finance
Contingent deferred sales load (CDSL). A CDSL is a regular load in a different guise. An initial load of, say, 6% is eliminated entirely and replaced by an annual ...
- Fool.com: Mutual Funds -- Costs -- Mutual Fund Loads
Aside from the front-end load is the ominous sounding contingent deferred sales load (CDSL) or back-end load. This is a real masterpiece of the mutual fund ...
- Mutual Fund Classes
Mar 29, 2010 ... Class B shares might not have any front-end sales load, but might have a contingent deferred sales load (CDSL) (a type of fee that investors ...
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Class B shares might not have any front-end sales load, but might have a contingent deferred sales load (CDSL) (a type of fee that investors pay only when they ...
- 2012 Investment Company Fact Book
contingent deferred sales load (CDSL). A fee imposed by some funds when shares are redeemed (sold back to the fund) during the first few years of ownership.
- Mutual Fund Expenses and Load Fees - Investment Company Fact ...
... financial advisers through a combination of an annual 12b-1 fee and a contingent deferred sales load (CDSL). The CDSL is paid if fund shares are redeemed ...
- AccuQuote Life Insurance Glossary - C
Contingent Deferred Sales Charge (CDSC). See Contingent Deferred Sales Load (CDSL). Contingent Deferred Sales Load (CDSL). In variable life insurance or ...