Naive question, but here goes: Where do you look to see what it will cost when you sell your mutual fund interests (whether contained in qualified accounts or otherwise). Not asking about broker fees; rather, asking about the costs imposed by the fund.
Thank you.

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Posted by Shepherd88

Member since Dec 2013

4803 posts

Posted on 11/11/23 at 2:09 pm to Zachary

Depends on what share class it is and how long you’ve held it. But your answer would be in the prospectus.

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Posted by Skippy1013

Lafayette, La

Member since Oct 2017

692 posts

Posted on 11/11/23 at 4:56 pm to Zachary

There should not be any cost. The closing price at the end of the day you put in the sell order will be used. Closing price times your number of shares, that dollar amount will be your proceeds. If you have this in a brokerage account, that dollar amount will show up in your “Sweep” cash account.

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Posted by HarveyBanger

Member since Mar 2018

1216 posts

Posted on 11/11/23 at 6:56 pm to Zachary

There are no cost

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Posted by XenScott

Pensacola

Member since Oct 2016

3669 posts

Posted on 11/12/23 at 2:52 pm to Zachary

I just converted one to cash. Didn’t cost me anything.

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Posted by Vols&Shaft83

Throbbing Member

Member since Dec 2012

70096 posts

Posted on 11/13/23 at 12:39 pm to Zachary

Unless you bought into back loaded mutual funds (in which case, fire your broker), there shouldn’t be any cost to sell A shares.

Now, if you bought C shares, you might have a contingent deferred sales charge if you sell within 12 months of purchase.

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