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Redemption charge |
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Redemption chargeThe commission a mutual fund charges an investor who is redeeming shares. For example, a 2% redemption charge (also called a back end load) on the sale of shares valued at $1000 will result in payment of $980 (or 98% of the value) to the investor. This charge may decline or be eliminated as shares are held for longer time periods.Redemption charge Similar MatchesRedemptionRedemptionRepayment of a debt security or preferred stock issue, at or before maturity, at par or at a premium price. Redemption priceRedemption priceSee: Call price Redemption feeRedemption feeA fee some mutual funds charge when an investor sells shares within a specified short period of time. RedemptionRedemptionThe re-purchase of a security, such as a bond or preferred stock, by the issuing company at or before maturity. Mandatory redemption scheduleMandatory redemption scheduleSchedule according to which bond sinking fund payments must be made. Further Suggestionsgross redemption yieldRedemption Redemption penalty overhang redemption yield Redemption statement Redemption date Redemption penalties Redemption Period Extended redemption penalty redemption price redemption fees Right of redemption right of redemption Serial redemption Overhanging redemption penalty Redemption Redemption cushion Preferred equity redemption stock (PERC) redemption date |
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