Some investors may be able to get the A shares in their retirement plan without the sales charge.
In an A share, the sales load is up front, typically at most 5.75% of the amount invested.
Its unrestricted A shares closed today at $35.39, down 15 cents.
The 13 million class A shares, with one vote each, are owned by the public.
The A shares accounted for 64% of the votes, and thereby the power in the club.
The 27.6 million class A shares, which closed trading yesterday at $49, up $2.25, control three board seats.
The transactions value class A common shares at $6.50 each.
"Usually, the A share wins out in the long term because you have a lower expense ratio," he said.
The A shares, however, carry a 5.75 percent sales charge.
The Class A shares rose 96 cents, to close at $41.35.