Class C Corp With Negative Retained Earnings

State:
Multi-State
Control #:
US-EG-9402
Format:
Word; 
Rich Text
Instant download

Description

The Class C Distribution Plan and Agreement outlines the framework for the distribution of Class C shares of the Putnam High Yield Trust II. Key features include a monthly fee structure for services provided by Putnam Mutual Funds Corp., which is set at an annual rate of 1.00% of the average net asset value. The Plan requires approval from a majority of Class C shareholders and specific trustees, ensuring transparency and accountability. It places an emphasis on regular reporting and allows for termination by majority vote, providing flexibility. This form is essential for individuals involved in the governance and financial oversight of the trust, including attorneys, partners, owners, associates, paralegals, and legal assistants, as it governs the operational aspects related to expenditures and distributions associated with Class C shares. The document emphasizes compliance with regulatory standards under the Investment Company Act of 1940, making it relevant for ensuring adherence to legal requirements. Furthermore, it allows necessary adjustments with proper oversight, serving as a vital resource in managing financial responsibilities and strategies within the trust.
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  • Preview Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II
  • Preview Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II
  • Preview Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II

How to fill out Class C Distribution Plan And Agreement Between Putnam Mutual Funds Corp And Putnam High Yield Trust II?

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Class C Corp With Negative Retained Earnings