posted on 06-06-2019
Updated October 1, 2019
What is a Y-Share?
A Y-share is a class of mutualwith high .
How Does a Y-Share Work?
For example, if load charges and other fees.XYZ has a $750,000 , it is a Y-share . Due to the high minimum, XYZ waives the
Why Does a Y-Share Matter?
Because the minimums are so high, institutions are often the only investors in Y-shares.