Mutual Fund Shares That Are Offered for Sale at the NAV

Multiple Choice

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.