Sales Charges. A contingent deferred sales charge shall be retained by the Distributor from the net asset value of Shares of the Fund that it has redeemed, it being understood that such amounts will not be in excess of that set forth in the then-current registration statement of the Fund. Furthermore, the Distributor may retain any amounts authorized for payment to it under the Fund's Distribution Plan.
Sales Charges. In computing the number of shares to credit to the account of a shareholder pursuant to paragraph 7 hereof, the Transfer Agent will calculate the total of the applicable Distributor and representative sales charges, commissions or other amounts, if any, with respect to each purchase as set forth in the Prospectus and in accordance with any notification filed with respect to combined and accumulated purchases. The Transfer Agent also will determine the portion of each sales charge, commission or other amount, if any, payable by the Distributor to the dealer or other amount, payable by the Distributor to the dealer, participating in the sale, in accordance with such schedules as are from time to time delivered by the Distributor to the Transfer Agent.
Sales Charges. (a) For the purposes of this Section 3, "Distribution Fees" shall mean, collectively, (A) the sales charges payable to the Distributor as set forth in Section 3(b), below, and (B) the amounts payable to the Distributor under the Distribution Plans as set forth in Section 3(c) and "Effective Date" shall mean the date hereof.
Sales Charges. The Fund of Funds agrees that: (i) with respect to registered separate accounts that invest in a Fund of Funds, no sales load will be charged at the Fund of Funds level or at the Fund level; (ii) other sales charges and service fees, as defined in Rule 2830 of the Conduct Rules of the NASD, if any, will only be charged at the Fund of Funds level or at the Fund level and not at both levels; and (iii) with respect to other investments in a Fund of Funds, any sales charges and/or service fees charged with respect to shares of the Fund of Funds will not exceed the limits applicable to a fund of funds set forth in Rule 2830 of the NASD Conduct Rules.
Sales Charges. Holders of Class A, Class B or Class I Shares of the Acquired Fund as of the Closing Date shall not be subject to any front end or contingent deferred sales load of the Acquiring Fund on shares received on the Closing Date. ARTICLE II
Sales Charges. Most mutual funds offer different share classes. Although each share class represents a similar interest in the mutual fund’s portfolio, the mutual fund will charge you different fees and expenses depending upon your choice of share class. Class A shares carry a “front-end” sales charge or “load” that is deducted from your investment at the time you buy fund shares. This sales charge is a percentage of your total purchase. Many mutual funds offer volume discounts, which are called “breakpoint discounts.” In contrast, Class B and C shares usually do not carry any front-end sales charges. Instead, investors that purchase Class B or C shares pay asset-based fees, which may be higher than the charges associated with Class A shares over the length of the investment. Investors that purchase Class B and C shares may also be required to pay a contingent deferred sales charge when shares are sold.
Sales Charges. The following tables show the initial sales charge (expressed as a percentage of the offering price) applicable to investments in Class A Units. There is no initial sales charge on the BlackRock Money Market Option. You may be eligible to invest at a reduced initial sales charge when investing in Class A Units if you invest, in the aggregate, $25,000 or more, depending on the Investment Option selected as described below. Once you achieve a breakpoint, you pay that sales charge on your entire investment amount (not just the portion above the breakpoint). All Investment Options1 except the BlackRock College Enrollment Option and the Fixed Income Single Strategy Less than $25,000 5.25% 5.54% 5.00% $25,000 or more, but less than $50,000 4.75% 4.99% 4.50% $50,000 or more, but less than $100,000 4.00% 4.17% 3.75% $100,000 or more, but less than $250,000 3.00% 3.09% 2.75% $250,000 or more, but less than $500,000 2.50% 2.56% 2.25% $500,000 or more, but less than $750,000 2.00% 2.04% 1.75% $750,000 or more, but less than $1 million 1.50% 1.52% 1.25% $1 million or more None None --* Fixed Income Single Strategy Investment Options2 Investment Amount Initial Sales Charge (as a percentage of offering price)* Initial Sales Charge (as a percentage of net amount invested)* Dealer Reallowance (as a percentage of offering price) Less than $25,000 4.00% 4.17% 3.75% $25,000 or more, but less than $100,000 3.75% 3.90% 3.50% $100,000 or more, but less than $250,000 3.50% 3.63% 3.25% $250,000 or more, but less than $500,000 2.50% 2.56% 2.25% $500,000 or more, but less than $750,000 2.00% 2.04% 1.75% $750,000 or more, but less than $1 million 1.50% 1.52% 1.25% $1 million or more None None --* Less than $25,000 3.00% 3.09% 2.75% $25,000 or more, but less than $100,000 2.75% 2.83% 2.50% $100,000 or more, but less than $250,000 2.50% 2.56% 2.25% $250,000 or more, but less than $500,000 2.25% 2.30% 2.00% $500,000 or more, but less than $750,000 2.00% 2.04% 1.75% $750,000 or more, but less than $1 million 1.50% 1.52% 1.25% $1 million or more None None --* 1 With respect to each of the BlackRock College 2024 Option, the BlackRock College 2027 Option, the BlackRock College 2032 Option, the BlackRock College 2035 Option, the BlackRock College 2038 Option and the BlackRock College 2041 Option, effective on June 1 of a year that is two years before the target year noted in the name of the Target Date Investment Option, the breakpoint schedule currently applicable to Fixed Income Single St...
Sales Charges. (1) There is a front-end load on investments in Class A Shares in the amount of less than $1 million. There is no front-end load on investments in Class A Shares in the amount of $1 million or more.
(2) A 1.00% CDSC may apply to the original purchase price, or current value if less, of any Class A Shares of $1 million or more purchased without a front-end load if redeemed within the contingency period of one (1) year following their purchase. Shares not subject to CDSC will be sold first and the rest of the Shares will be redeemed in the order they were purchased. The CDSC is waived in certain circumstances, as described in the prospectus(es) for the Funds and accompanying statements of additional information SAI(s).
Sales Charges. (1) There is no front-end load on investments in Class C Shares.
(2) A 1.00% CDSC may apply to the original purchase price, or current value if less, of any Class C Shares if redeemed within the contingency period of one (1) year following their purchase. Shares not subject to CDSC will be sold first and the rest of the Shares will be redeemed in the order they were purchased. The CDSC is waived in certain circumstances, as described in the prospectus(es) for the Funds and accompanying SAI(s).
Sales Charges. Shares of a Fund may be subject to a sales load, subject to the limit on asset-based sales charges set forth in NASD Conduct Rule 2830 (and any successor provision thereto). To the extent that Shares of a Fund are sold at an offering price which includes a sales load or subject to a contingent deferred sales charge ("CDSC") with respect to certain redemptions (either within a single class of Shares or pursuant to two or more classes of Shares), such Shares shall hereinafter be referred to collectively as "Load Shares" (and in the case of Shares that are sold with a front-end sales load, "Front-end Load Shares", or Shares that are sold subject to a contingent deferred sales load, "CDSC Shares"). Funds that
