Class A Shares

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Class A Shares

Shares in a mutual fund with a front-end load. For class A shares, a certain amount of one's investment is deducted for the commission of mutual fund's salesperson. This lowers the size of the investment in the mutual fund. For example, if one invests $50,000 in a mutual fund, a certain amount, say $1,000, is deducted for the commission, resulting in only $49,000 actually being invested in the fund.
References in periodicals archive ?
Given the class B shares, can the price paid for the class A shares in either example signify a new basis for NBP?
Suppose NBP's common stock consists of 60 class A shares (two votes each) and 40 single-vote class B shares, for 100 shares and 160 votes.
Company A now owns only 20 of the class A shares and company B owns the rest.