B-Share

What does it mean?
A class in a family of multi-class mutual funds. This class is characterized by a rear-end load structure that is paid only when selling the fund.

In Other Words...
Class B funds will generally have higher management expense ratios compared to front load funds within the same family. Fund companies attempt to increase their profits while the rear load is effective, as it will normally decrease in value with time until no load is charged whatsoever.

Not all fund companies follow this class structure, but it is the prominent method of distinction.

Related Links
Mutual Fund Basics Tutorial - Learn about the basics--and the pitfalls!--of investing in mutual funds.

Related Terms
A-Share | Back-End Load | C-Share | Expense Ratio | Front-End Load | Load Fund | Mutual Fund | Net Asset Value | Reclassification

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