Question

Mutual fund shares that are offered for sale at the NAV without a front-end load, but which charge a combination of 12b-1 fees and a back-end load, and whose back-end load typically remains in effect for 6 to 8 years, are

A. Class A shares.

B. Class B shares.

C. Class C shares.

D. Class D shares.

E. either Class A or Class C shares.

Answer

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