Back-end Sales Load
A back-end sales load, also called a deferred sales charge or deferred sales load, is a fee investors pay when they redeem mutual fund shares (that is, sell shares back to the fund). Funds typically use these fees to compensate brokers who sell the fund’s shares. The most common type of back-end sales load is a contingent deferred sales load (CDSL), also called a contingent deferred sales charge (CDSC).
Concept at a glance
Definition and explanation
A back-end sales load, also called a deferred sales charge or deferred sales load, is a fee investors pay when they redeem mutual fund shares (that is, sell shares back to the fund). Funds typically use these fees to compensate brokers who sell the fund’s shares. The most common type of back-end sales load is a contingent deferred sales load (CDSL), also called a contingent deferred sales charge (CDSC). [1]
Source-supported connections
Frequently asked questions
What does Back-end Sales Load mean in the cited reference?
A back-end sales load, also called a deferred sales charge or deferred sales load, is a fee investors pay when they redeem mutual fund shares (that is, sell shares back to the fund). Funds typically use these fees to compensate brokers who sell the fund’s shares. The most common type of back-end sales load is a contingent deferred sales load (CDSL), also called a contingent deferred sales charge (CDSC). [1]
Back-end Sales Load connection map
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Reviewed 23 October 2026. Historical dates and award-time affiliations retain their original context. A review date is not an event date. Background sources are identified separately from official records.