WebExamples of Contingent Shares in a sentence. Executive will receive a grant of 100,000 restricted shares or share units under the Company's Founders Performance … WebAdd a 4-Year L-Share Liquidity Option or a C-Share Liquidity Option to your annuity and reduce or eliminate your contingent deferred sales charge (CDSC). Just keep in mind that liquidity options may have an additional charge and may not be available in all states or territories, or in combination with other options or features. A CDSC pays for ...
MCGWX: Growth Allocation Fund C Shares MFS
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 … See more WebAssociated with class "B" mutual fund shares. Known as a Contingent Deferred Sales Charge (CDSC or sometimes Deferred Sales Charge), this is a fee paid when shares are sold. Also known as a "back-end load", this fee typically goes to the stockbrokers that sell the fund's shares. Back-end loads start with a fee of about 5 to 6 percent, which ... hof fangmeier
Understanding Contingent Deferred Sales Charge (CDSC)
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 … WebMar 10, 2024 · Contingent Deferred Sales Charge on Class C Shares. Class A, Class I, Class L, Class U, Class U-2 and Class W shareholders are not subject to a contingent deferred sales charge. Class C shareholders who tender for repurchase Class C shares that have been held less than 365 days after purchase, as of the time of repurchase, will … Webcontingent deferred sales charge (cdsc) Class A. Investors who purchase $1 million or more of Class A shares and sell these shares within 12 months of purchase are subject to a 1% CDSC. (Note: For Prudential Short-Term Corporate Bond Fund, Inc. only, investors who purchase $1 million or more of Class A shares and then sell these shares within ... hoffa new jersey