5-23 Class B shares of a mutual fund are typically charged a back-end load when the shares are redeemed.

Name: 5-23 Class B shares of a mutual fund are typically charged a back-end load when the shares are redeemed.
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Class B shares of a mutual fund typically have a back-end load, which means an investor will be charged a fee when redeeming the shares. This fee may decrease over time as the investor holds the shares for a longer period.

5-23 Class B Shares of a Mutual Fund Are Typically