An extra fee charged by some mutual funds to cover promotion, distributions, marketing expenses, and sometimes commissions to brokers. A genuine no-load fund does not have Rule 12b-1 fees, although some funds calling themselves "no-load" do have Rule 12b-1 fees (as do some load funds). Rule 12b-1 fee information is disclosed in a fund's prospectus, is included in the stated expense ratio, and is usually less than 1%. also called 12b-1 fee.
Related information about Rule 12b-1 fee:
- What is Rule 12b-1 fee? definition and meaning
Definition of Rule 12b-1 fee: An extra fee charged by some mutual funds to cover promotion, distributions, marketing expenses, and sometimes commissions to ...
- In Rule 12b-1 Overhaul, SEC Proposes Dramatic Changes to Mutual ...
Jul 28, 2010 ... Class A shares commonly provide for an up-front load and an annual Rule 12b-1 fee equal to 0.25% of the fund's assets. ▫ Class B shares ...
- SEC Proposes Revisions to Mutual Fund Distribution Fees (Rule ...
Sep 1, 2010 ... and service fee cannot be higher than the Rule 12b-1 fee charged on the ... Specifically, transition from a Rule 12b-1 fee to a Rule 12b-2 fee ...
- IC-26591 - Securities and Exchange Commission
Sep 3, 2004 ... The aggregate sales charges of a fund with a rule 12b-1 fee may not exceed 7.25 percent of the amount invested, and the amount of the ...
- IC-26356 - Securities and Exchange Commission
Feb 24, 2004... the fund does not charge a rule 12b-1 fee.23 The aggregate sales charges of a fund with a rule 12b-1 fee may not exceed 7.25 percent of the ...
- 12b-1 Fees - Securities and Exchange Commission
Jun 19, 2007 ... all Class B share attributes, including the associated Rule 12b-1 fee, contingent deferred sales charge and conversion features, will continue.” ...
- Investment Management Legal and Regulatory Update - April 2011 ...
Apr 18, 2011 ... An SEC spokesperson has indicated that the SEC will likely not take up the issue of Rule 12b-1 fee reform until the second half of 2011 and ...
- Update Of SEC's Proposal To Reform Mutual Fund Fees | The ...
May 27, 2011... service fee would not be required to obtain shareholder approval if: (a) the fund currently is subject to a Rule 12b-1 fee that is 25 basis points ...