ARTICLE TAKEAWAYS
American Funds offers a variety of share class options to accommodate investors’ objectives and timelines. Compensation for the financial professional varies by each share class.
Class A shares are sold with an upfront sales charge. The sales charge is reduced for larger purchases and account values.
Note: The American Funds U.S. Government Money Market Fund A share does not have an upfront sales charge; however, shares that are exchanged from the money market fund into other A share funds will be charged the appropriate sales charge at the time of the exchange.
View the full list of A share breakpoints at Share class pricing and details.
American Funds offers the following options for reducing the upfront sales charge for accounts with A shares:
American Funds has the following NAV policies:
Many dealer firms offer fee-based programs that allow investors to purchase mutual funds for an asset-based fee instead of paying commissions or sales charges. Class F-1 shares are primarily available through certain financial services platforms that support self-directed investors. Class F-2, F-3, 529-F-2, 529-F-3 and ABLE-F-2 shares are used in fee-based programs at most firms.
The C share and 529-C share classes do not have an upfront sales charge; however, a contingent deferred sales charge of 1% may be applied on shares redeemed within one year of purchase.
This share class is available only through employer-sponsored 529 plans. Class 529-E shares do not have an upfront or contingent deferred sales charge.
The R share class provides flexibility in retirement plan pricing. The eight share classes are differentiated by the ways plan sponsors and participants pay for plan services.
For additional details on share classes, expenses, minimums and restrictions, review Share class pricing and details or the Resource Guide.
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Use of this website is intended for U.S. residents only.
The guidelines and procedures provided in the Account Resource Center may not apply to networked accounts or accounts not directly held by American Funds. The guidelines and procedures provided also apply only to those retirement accounts or Coverdell ESAs invested in American Funds with Capital Bank and Trust Company (CB&T) as custodian. The guidelines and procedures provided in the Account Resource Center do not apply to plans held in our retirement plan solutions — PlanPremier, PlanPremier-TPA or RecordkeeperDirect. Information on the Account Resource Center may change periodically, and previously printed information may not be current. Please refer to capitalgroup.com for the most current information available.
Financial professionals should always contact their back office to determine if there are any restrictions on the use of American Funds products, tools, services, websites and literature.