C share cdsc charge
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 ... 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
Did you know?
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 … WebMar 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.
CDSCs tend to discourage investors from actively trading mutual fund shares, which would require mutual funds to keep significant levels of liquid cash on hand. Many consider the CDSC to be a payment for the broker's … See more WebFor 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 …
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. WebThe share classes have different sales charges, fees and other features. Returns with sales charge reflect the deduction of current maximum initial sales charge of 5.25% for Unit Class A and applicable contingent deferred sales charges (CDSC) for Unit Class C. The maximum CDSC of 1% for Unit Class C is reduced to 0% after 1 year.
WebClass C shares are sold without an initial sales charge. However, if Class C shares are redeemed within one year of purchase (18 months with respect to MainStay Short …
WebContingent deferred sales charge (CDSC) It takes the lower of the initial investment or the current account value and multiplies that amount by the applicable CDSC percentage. … hyundai used cars in salemWebSince all Investor C Shares of Summit must be purchased in an exchange transaction for Investor C Shares of a non-money market fund advised by BlackRock or its affiliates, a contingent deferred sales charge (“CDSC”) … hyundai used cars near amstelveenWebDec 31, 2024 · Assumes reinvestment of all dividends and capital gains. Performance for Class C Shares is adjusted for the contingent deferred sales charges (CDSC) in effect at the end of the specified period. The CDSC for Class C Shares is 1.00% the first year you hold the shares and declines to 0% after the first year. molly of general hospitalWebMar 30, 2024 · 5 No initial sales charge; 1% Maximum Contingent Deferred Sales Charge (CDSC) as a percentage of the lower of the original purchase price or redemption price, if shares are sold in the first year. The CDSC on Class C shares does not apply to PIMCO Money Market Funds. The CDSC may be reduced or waived under certain purchase … molly ohainleWebMar 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 … molly of the big comfy couchWebPerformance 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. hyundai used cars new port richey floridahyundai used cars philadelphia