Which class of shares does not impose a sales load or contingent deferred sales fee but charges a higher 12b-1 fee than the other classes?

Question

Quizplus · Accepted Answer

Class C shares typically do not impose a sales load or contingent deferred sales fee, but they do have a higher 12b-1 fee compared to other classes. This makes them a good option for investors who plan to hold onto the shares for a longer period of time, as the higher 12b-1 fee can eat into returns over time. A, B, K, and Q shares may impose a sales load or contingent deferred sales fee, making them less attractive to investors who want to avoid these fees.

Which Class of Shares Does Not Impose a Sales Load