CDSC means with respect to any Fund, the contingent deferred sales charge payable, either directly or by withholding from the proceeds of the redemption of the Shares of such Fund, by the shareholders of such Fund on any redemption of Shares of such Fund in accordance with the Prospectus relating to such Fund.
CDSC means contingent deferred sales charge as described in further detail in Section 3 “Description of Share Classes” and Section 14 “Redemption of Shares” (under paragraph 14.3 “Redemption Charges”) in the Prospectus;
CDSC. A contingent deferred sales charge of 1% applies on certain redemptions made within 12 months following purchases of Class A shares of the Phoenix Multi-Sector Short Term Bond Fund and Phoenix Market Neutral Fund of $1 million of more made without a sales charge or following purchases of the same funds on which a Qualified Plan Finder's Fee has been paid. -------------------------------------------------------------------------------- CLASS B SHARES * --------------------------------------------------------------------------------
Examples of CDSC in a sentence
No CDSC shall be assessed on Shares derived from reinvestment of dividends or capital gains distributions.
Contingent upon notification to the Fund’s principal underwriter or transfer agent, no CDSC will be imposed on redemptions.
You hereby represent that if you hold Portfolio shares subject to a CDSC, you have the capability to track and account for such charge, and we reserve the right, at our discretion, to verify that capability by inspecting your tracking and accounting system or otherwise.
The CDSC shall be assessed on an amount equal to the lesser of the then current market value or the cost of the Shares being redeemed.
Contingent upon notification to the principal underwriter or the Fund’s transfer agent, no CDSC will be imposed on redemptions that are qualifying redemptions of Class B Shares under a Systematic Withdrawal Program as described in the applicable prospectus and statement of additional information.
More Definitions of CDSC
CDSC means a contingent deferred sales charge (if any) upon the redemption or transfer of a Share of such amount as shall from time to time be fixed by the Manager generally in relation to any Designated Portfolio or in relation to any specific or class of transaction and specified in the prospectus for the Trust; such expression in the context of a given date shall refer to the charge or charges (if any) fixed by the Manager pursuant to this Trust Deed, specified in the prospectus and applicable on that date;
CDSC means contingent deferred sales charge, a fee levied for the redemption of Shares less than one year from the date of purchase other than for Class U shares where contingent deferred sales charge is a fee levied for the redemption of Shares within such number of years from the original purchase date as specified in the relevant Supplement and in the section entitled “Share Classes”;
CDSC means a contingent deferred sales charge;
CDSC means the Central Depository and Settlement Corporation Ltd which oversees the management of CDS.
CDSC. For purchases made on or after January 11, 2006, a contingent deferred sales charge of 1% may apply on certain redemptions made within one year following purchases of Class A shares on which a $1 Million NAV Sales Finder's Fee or a Qualified Plan Finder's Fee has been paid to a dealer. The one year period begins on the last day of the month preceding the month in which the purchase was made. A deferred sales charge may be waived where the investor's dealer of record, due to the nature of the investor's account, notifies the Distributor prior to the time of the investment that the dealer waives the Finder's Fee otherwise payable to the dealer, or agrees to receive such Finder's Fee ratably over a 12 month period. -------------------------------------------------------------------------------- CLASS B SHARES * -------------------------------------------------------------------------------- CLASS B SHARES (EXCEPT PHOENIX PHOENIX MULTI-SECTOR MULTI-SECTOR SHORT TERM BOND FUND) SHORT TERM BOND FUND SALES COMMISSION: SALES COMMISSION: 4.0% 2.0% YEARS SINCE CONTINGENT DEFERRED CONTINGENT DEFERRED EACH PURCHASE: SALES CHARGE: SALES CHARGE: First 5.0% 2.0% Second 4.0 1.5 Third 3.0 1.0 Fourth 2.0 0.0 Fifth 2.0 0.0 Sixth 0.0 0.0 Dealers maintaining omnibus accounts, upon redemption of a customer account within the time frames specified above, shall charge such customer account the appropriate contingent deferred sales charge as indicated and shall forward the proceeds to PEPCO. SERVICE FEE: 0.25% For providing shareholder services such as responding to shareholder inquiries; processing redemptions; changing dividend options, account designations, and addresses; transmitting proxy statements, annual reports, prospectuses and other correspondence from the Funds to shareholders; and providing such other information and assistance to shareholders as may be reasonably requested by such shareholders, PEPCO intends to pay a quarterly fee to qualifying dealers at the equivalent of 0.25% annually, based on the average daily net asset value of Class B shares (except Phoenix Money Market Fund) sold by such dealers and remaining on the Funds' books during the period in which the fee is calculated. Dealers must have an aggregate value of $50,000 or more in a Fund Class to qualify for payment in that Fund Class. The Class B Service Fee is paid beginning in the 13th month following each purchase. -------------------------------------------------------------------------------- CLASS...
CDSC means Central Depository and Settlement Corporation Limited;