With B-shares, an investor pays a sales charge when they redeem from the fund, known as a back-end sales load or a contingent deferred sales charge (CDSC). The CDSC decreases over time, and after a certain period is eliminated, converting B-shares into a type of A-share. B-shares ty...
CDSCContingent Deferred Sales Charge CDSCCommunications Distribution and Switching Center CDSCCommunicable Disease Surveillance Centre CDSCConnecticut Down Syndrome Congress CDSCCommunications Distribution and Switching Center(NASA) CDSCCable Distribution and Switching Center ...
Class B Shares: Class B shares include a back-end load orcontingent deferred sales charge(CDSC), which is deducted when selling the shares. Class B share funds do not offer breakpoint discounts, although the CDSC decreases over a five- to an eight-year timeframe. At that point, the share...
There is nothing "contingent" about the SC part of CDSCs. The load is not contingent any more than death and taxes are. (243) Investors are apt to stumble into CDSC purchases by assuming that they are in essence getting a form of no-load fund since the sales charge is hidden from vie...
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