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Understanding Mutual Fund Classes: Class C





Class C shares - Generally, Class C shares do not charge either front-end or back-end loads if held for more than one year. But if you buy Class C shares, you may pay a 1 percent 12b-1 fee for as long as you own the fund. Class C shares may not convert to Class A shares, so these continually high 12b-1 fees can make Class C shares quite expensive, if you plan on holding them for many years.



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