Back-End Load
A back-end load is a sales charge paid when fund shares are sold, often declining the longer the investor holds the fund.
Fund load terms for front-end charges, back-end charges, deferred sales charges, and load funds.
Front and Back-End Loads terms explain the explicit and embedded costs investors may pay through fund expense ratios, management fees, sales loads, redemption fees, and share classes.
Use this branch when costs or share-class design can change net return, distribution economics, adviser compensation, or the suitability of a fund wrapper.
| Term | Use it for |
|---|---|
| Back-End Load | A fund cost, compensation, share-class, or distribution term that affects investor net return. |
| Deferred Sales Charge | A fund cost, compensation, share-class, or distribution term that affects investor net return. |
| Front-End Load | A fund cost, compensation, share-class, or distribution term that affects investor net return. |
| Load Fee | A fund cost, compensation, share-class, or distribution term that affects investor net return. |
| Load Fund | A fund cost, compensation, share-class, or distribution term that affects investor net return. |
Check the prospectus or offering document, expense ratio, fee waiver, sales charge, redemption fee, 12b-1 or distribution fee, adviser compensation, and share-class eligibility.
This page is educational and does not recommend a specific fund, security, tax treatment, or account choice.
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A back-end load is a sales charge paid when fund shares are sold, often declining the longer the investor holds the fund.
A deferred sales charge is a fund fee paid on redemption rather than purchase, commonly structured as a declining back-end load.
A front-end load is a sales charge deducted when fund shares are purchased, reducing the amount initially invested.
A load fee is a mutual fund sales charge paid when shares are bought, sold, or held under certain share-class structures.
A load fund charges a sales load or commission, usually to compensate brokers or advisers involved in fund distribution.