Common use of CDSC Clause in Contracts

CDSC. A contingent deferred sales charge of 1% applies on certain redemptions made within 12 months following purchases of Class A shares of the Phoenix-▇▇▇▇▇▇▇ Multi-Sector Short Term Bond Fund of $1 million of more made without a sales charge.

Appears in 2 contracts

Sources: Sales Agreement (Phoenix Aberdeen Worldwide Opportunities Fund), Sales Agreement (Phoenix Seneca Funds)