Level load

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Level load

A mutual fund that charges a permanent sales charge, usually at some fixed percentage. See: Front-end loads and back-end loads.

Level Load

A load for a mutual fund that is paid on an ongoing basis. A load is a fee that the investor pays in order to maintain his/her investment in a mutual fund; it is designed to cover the fund's costs; one may think of it as a sales fee. A level load contrasts with a front-end or a back-end load, in that it is paid in (usually annual) increments over the period of time during which one owns shares in the fund. See also: C-Share.

Level load.

Some load mutual funds impose a recurring sales charge, called a level load, each year you own the fund rather than a sales charge to buy or sell shares.

The level-load rate is generally lower than the sales charge for front- or back-end loads. But the annual asset-based management fee on these funds is higher than for front-load funds.

This means the total amount you pay over time with a level load can be substantially more than a one-time sales charge, especially if you own the fund for a number of years.

If a fund company offers you a choice of the way you prefer to pay the load, level-load funds are generally identified as Class C shares. Front-end loads are Class A shares and back-end loads are Class B shares.

References in periodicals archive ?
Thus the repairing order of the first level loads should be repaired with the shortest time.
EPA is in the charge of CCA and in charge of controlling connection states and power supply positions of the emergent power-vehicles, which supply power temporarily for the first level loads as a priority.
3) EPA controls EP1 and EP2 moving to loads of the highest urgency immediately, cooperating with the repair of the first level faults and ensuring restoration of power to the first level loads in the shortest time.
25 hours power supply of all the first level loads can be recovered.
The first level loads 101, 105, 109 and 110 will still be outage loads even though fault 43 has been repaired.
In the former strategy, fault 54 is repaired after the other faults by squad c, so the first level loads 101, 105, 109, and 110 will be outage loads until the last.
The double-level mathematical optimization model of multifault rush repair has been established and DBCC algorithm is used to find the optimal strategy, which has reduced the outage time of the first level loads, as well as the comprehensive outage losses.
357 Magnum level loads for use in both sixgun and leverguns you can avoid a lot of grief by going straight to gas check bullets.
38 S& W it's vital you stick to factory level loads, which are anemic at best.
44 sixguns with the same level loads used on the frontier.