Class Y Shares. All Funds except Ivy Managed International Opportunities Fund All Classes—Ivy Managed International Opportunities Fund
Class Y Shares. An amount payable on the first day of each month equal to 1/12 of .15 of 1% of the average daily net assets of the Class for the preceding month. Effective September 1, 2000 XXXXXXX & XXXX ADVISORS MUNICIPAL BOND FUND, INC. Class A Shares An amount payable on the first day of each month of $1.6125 for each account of the Company which was in existence during any portion of the immediately preceding month.
Class Y Shares means the shares of beneficial interest of the Fund that have been established and designated by the Trust’s Board of Trustees as Class Y Shares.
Examples of Class Y Shares in a sentence
Class Y Shares are sold at net asset value per share without the imposition of an initial sales charge.
Class Y Shares are not subject to a CDSC upon redemption regardless of the length of the period of time such shares are held.
Transfer agency fees are allocated to Class Y Shares on a per account basis except to the extent, if any, such an allocation would cause the Fund to fail to satisfy any requirement necessary to obtain or rely on a private letter ruling from the IRS relating to the issuance of multiple classes of shares.
Class Y Shares shall be entitled to the shareholder services set forth from time to time in the Fund's prospectus with respect to Class Y Shares.
Class Y Shares are sold subject to the minimum purchase requirements set forth in the Fund's prospectus.
More Definitions of Class Y Shares
Class Y Shares. An amount payable on the first day of each month equal to 1/12 of .15 of 1% of the average daily net assets of the Class for the preceding month. Effective September 1, 2000 XXXXXXX & XXXX ADVISORS VALUE FUND, INC. Class A Shares An amount payable on the first day of each month of $1.3375 for each account of the Company which was in existence during any portion of the immediately preceding month.
Class Y Shares means, with respect to Shares of any Fund established and designated by the Declaration, that class of Shares of which are not subject to a sales charge or "load" upon the purchase thereof and the proceeds of the redemption of which are not subject to a contingent deferred sales charge payable on such redemption.
Class Y Shares. An amount payable on the first day of each month equal to 1/12 of .15 of 1% of the average daily net assets of the Class for the preceding month. Effective September 1, 2000 XXXXXXX & XXXX ADVISORS FUNDS, INC. CLASS A SHARES-ACCUMULATIVE FUND AND SCIENCE AND TECHNOLOGY FUND (each a "Fund") An amount payable on the first day of each month of $1.3625 for each account of the Fund which was in existence during any portion of the immediately preceding month. CLASS A SHARES-BOND FUND ("Fund") An amount payable on the first day of each month of $1.6125 for each account of the Fund which was in existence during any portion of the immediately preceding month. CLASS A SHARES-CORE INVESTMENT FUND ("Fund") An amount payable on the first day of each month of $1.4125 for each account of the Fund which was in existence during any portion of the immediately preceding month. CLASS B SHARES-ACCUMULATIVE FUND AND SCIENCE AND TECHNOLOGY FUND (each a "Fund") An amount payable on the first day of each month of $1.3625 for each account of the Fund which was in existence during any portion of the immediately preceding month. CLASS B SHARES-BOND FUND ("Fund") An amount payable on the first day of each month of $1.6125 for each account of the Fund which was in existence during any portion of the immediately preceding month. CLASS B SHARES-CORE INVESTMENT FUND ("Fund") An amount payable on the first day of each month of $1.4125 for each account of the Fund which was in existence during any portion of the immediately preceding month. CLASS C SHARES-ACCUMULATIVE FUND AND SCIENCE AND TECHNOLOGY FUND (each a "Fund") An amount payable on the first day of each month of $1.3625 for each account of the Fund which was in existence during any portion of the immediately preceding month.
Class Y Shares. An amount payable on the first day of each month equal to 1/12 of .15 of 1% of the average daily net assets of the Class for the preceding month. Effective September 1, 2000 XXXXXXX & XXXX ADVISORS GOVERNMENT SECURITIES FUND, INC. Class A Shares An amount payable on the first day of each month of $1.6125 for each account of the Company which was in existence during any portion of the immediately preceding month and, in addition, to pay to the Agent the sum of $.75 for each check drawn on the checking account of the Company maintained for its shareholders presented to the Agent for review during the immediately preceding month.
Class Y Shares. An amount payable on the first day of each month equal to 1/12 of .15 of 1% of the average daily net assets of the Class for the preceding month. Effective September 1, 2000 W&R FUNDS, INC. CLASS A SHARES-ASSET STRATEGY FUND ("Fund") An amount payable on the first day of each month of $1.4125 for each account of the Fund which was in existence during any portion of the immediately preceding month. CLASS A SHARES-HIGH INCOME FUND, LIMITED-TERM BOND FUND AND MUNICIPAL BOND FUND (each a "Fund") An amount payable on the first day of each month of $1.6125 for each account of the Fund which was in existence during any portion of the immediately preceding month. CLASS A SHARES-INTERNATIONAL GROWTH FUND, LARGE CAP GROWTH FUND, MID CAP GROWTH FUND, SCIENCE AND TECHNOLOGY FUND, SMALL CAP GROWTH FUND, TAX-MANAGED EQUITY FUND AND CORE EQUITY FUND (each a "Fund") An amount payable on the first day of each month of $1.3375 for each account of the Fund which was in existence during any portion of the immediately preceding month. CLASS A SHARES-MONEY MARKET FUND ("Fund") An amount payable on the first day of each month of $1.75 for each account of the Fund which was in existence during any portion of the immediately preceding month and, in addition, the Fund also pays the Agent a monthly fee of $0.75 for each shareholder check it processes. CLASS B SHARES-ASSET STRATEGY FUND ("Fund") An amount payable on the first day of each month of $1.4125 for each account of the Fund which was in existence during any portion of the immediately preceding month. CLASS B SHARES-HIGH INCOME FUND, LIMITED-TERM BOND FUND AND MUNICIPAL BOND FUND (each a "Fund") An amount payable on the first day of each month of $1.6125 for each account of the Fund which was in existence during any portion of the immediately preceding month. CLASS B SHARES-INTERNATIONAL GROWTH FUND, LARGE CAP FUND, MID CAP FUND, SCIENCE AND TECHNOLOGY FUND, SMALL CAP GROWTH FUND, TAX-MANAGED EQUITY FUND AND CORE EQUITY FUND (each a "Fund") An amount payable on the first day of each month of $1.3375 for each account of the Fund which was in existence during any portion of the immediately preceding month. CLASS B SHARES-MONEY MARKET FUND ("Fund") An amount payable on the first day of each month of $1.75 for each account of the Fund which was in existence during any portion of the immediately preceding month.
Class Y Shares means Class Y Shares, which are comprised of Class Y EUR