Though only showing a little over $3 billion in issuance since its 1996 inception, the distribution-fee finance sector - more commonly referred to as the mutual fund fee or 12b-1 sector - is poised for significant growth, with nearly $1.5 billion still left in the pipeline for this year, according to issuer estimates.

Of the trends sustaining this growth, most significant is a pending change in tax laws regarding the deferral status of B-share fees, which are the securitizable assets of mutual funds.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.