What is the meaning of no-load?

no-load is an expression used to describe a mutual fund that does not impose any sales charges on investors. The term "no-load" fund is sometimes used to describe a fund without either a front-end charge or a deferred sales charge but which may nevertheless have a 12b-1 charge. However, a true no-load fund is one without any sales charges at all - front-end, deferred or 12b-1. See: 12b-1 fee, back-end load, and front-end load.

4
 
|15 years ago|398 views|share |citing 
APABarry Goldsmith. (2010). no-load. Retrieved September 29, 2026, from http://smartdefine.org/no-load/definitions/1159120
ChicagoBarry Goldsmith. 2010. "no-load" http://smartdefine.org/no-load/definitions/1159120 (accessed September 29, 2026).
HarvardBarry Goldsmith 2010, no-load, Smart Define, viewed 29 September, 2026, <http://smartdefine.org/no-load/definitions/1159120>.
MLABarry Goldsmith. "no-load" 21 October 2010. Web. 29 September 2026. <http://smartdefine.org/no-load/definitions/1159120>