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Finance > 12b-1 Fees
The following information is about 12b-1 Fees.
12b-1 Fees Defined
The percent of a mutual fund's assets used to defray marketing and distribution expenses. The amount of the fee is stated in the fund's prospectus. The SEC has recently proposed that 12B-1 fees in excess of 0.25% be classed as a load. A true no load fund has neither a sales charge nor a 12b-1 fee.
This definition is in context to Finance. See more contextual defintions for 12b-1 Fees.
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