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North Carolina Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II

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US-EG-9402
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Class C Distribution Plan and Agreement between Putnam Mutual Funds Corporation and Putnam High Yield Trust II dated July 16, 1999. 3 pages.

The North Carolina Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II is a comprehensive and strategic document that outlines the distribution process and arrangement of Class C shares within the state of North Carolina. This agreement governs the relationship between Putnam Mutual Funds Corp, the investment management company, and Putnam High Yield Trust II, the specific investment trust involved. The Class C Distribution Plan and Agreement serves as a fundamental tool for managing the distribution of mutual fund shares in North Carolina. It establishes the terms and conditions under which Putnam Mutual Funds Corp will distribute Class C shares of Putnam High Yield Trust II in the state. By adhering to this plan, both parties ensure compliance with applicable laws and regulations. The North Carolina Class C Distribution Plan caters to the unique characteristics and requirements of the local market, tailoring the distribution strategy to meet the needs of North Carolina investors. Through this plan, Putnam Mutual Funds Corp aims to maximize the accessibility and availability of Class C shares to North Carolina residents, encouraging participation and investment in Putnam High Yield Trust II. The agreement encompasses various crucial aspects, including the distribution channels, sales charges, expenses, shareholder servicing, and marketing activities related to Class C shares. It covers the authorized distribution channels through which investors can access and purchase Class C shares, such as financial advisors, brokers, and other intermediaries. Furthermore, the North Carolina Class C Distribution Plan may encompass different variations or subclasses, depending on specific investor requirements or marketing strategies. These variations might include Class C1, Class C2, and so on, each designed to accommodate varying fee structures, holding periods, or other factors that may differentiate them from the standard Class C shares. In summary, the North Carolina Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II is a comprehensive framework that lays out the distribution strategy and details the agreement between the parties involved. By adhering to this plan, both Putnam Mutual Funds Corp and Putnam High Yield Trust II aim to effectively distribute Class C shares within North Carolina while complying with applicable regulations and meeting the unique needs of the local market.

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FAQ

Franklin Templeton is acquiring Putnam Investments from Great-West Lifeco, a deal that will combine two of the largest asset management firms in the U.S.

The fixed income strategy includes funds with municipal bonds and tax-exempt bonds. Putnam Investment has more than 100 mutual funds and 60 institutional strategies across a range of asset classes and investment styles.

As a foundation of the partnership, Franklin Templeton has entered into a definitive agreement to acquire Putnam Investments (?Putnam?) from Great-West for approximately $925 million2 of primarily equity consideration.

Putnam Investments ? ETFs, Mutual Funds, Institutional, and 529. Putnam is the only fund family ranked in the top 10 by Barron's across all time periods. Barron's list of Best Fund Families, 2023.

(Fund Number 1178). * Money market funds are not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other governmental agency.

Founded in 1937, Putnam is a global asset management firm with $136 billion3 in AUM as of April 2023. Putnam has offices in Boston, London, Munich, Tokyo, Singapore and Sydney.

Although Putnam Investments itself is not a public company, GWL and Power are traded on the Toronto Stock Exchange.

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How to fill out Class C Distribution Plan And Agreement Between Putnam Mutual Funds Corp And Putnam High Yield Trust II? When it comes to drafting a legal form, ... Manage or update your mutual fund account information with these forms and applications (pdf format).Oct 14, 2023 — The purpose of this agreement is to outline the terms, conditions, and responsibilities of both parties involved, ensuring transparency and ... Tax-advantaged income The fund pursues above-average income free from federal income tax by investing in higher-yielding, lower-rated municipal bonds. Focus on ... Putnam Tax-Free High Yield Fund can help reduce the impact of both by investing in higher-yielding, lower-rated municipal bonds. Meticulous credit research. Message from the Trustees, 1. About the fund, 2. Performance snapshot, 4. Interview with your fund's portfolio manager, 5. Your fund's performance, 11 ... ... Company makes changes to the Agreement and Declaration of Trust, the ... (C) Purpose of the Company Investment Management Company's sole business is investment ... ... the following expenses in connection with distribution under the Class C Plan of the Fund: Goldman Sachs. GQG Partners. International. Opportunities Fund. Part I of this SAI contains specific information about the fund. Part II includes information about the fund and other Putnam mutual funds, closed-end funds, ... As a mutual fund investor, you pay ongoing expenses, such as management fees, distribution fees (12b-1 fees), and other expenses. Using the following ...

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North Carolina Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II