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

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Multi-State
Control #:
US-EG-9402
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Word; 
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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 Louisiana Class C Distribution Plan and Agreement is a legally binding document that outlines the terms and conditions governing the distribution of mutual funds between Putnam Mutual Funds Corp and Putnam High Yield Trust II in the state of Louisiana. This agreement is specifically designed for investors in Louisiana who are interested in Class C shares of the mutual funds. The Class C Distribution Plan and Agreement serves as a roadmap to specify the rights, obligations, and responsibilities of both Putnam Mutual Funds Corp and Putnam High Yield Trust II. It covers various aspects related to the marketing, distribution, and sale of Class C mutual fund shares to investors in the state of Louisiana. The agreement ensures compliance with all applicable laws and regulations specific to Louisiana, providing a framework that guarantees transparency, fairness, and investor protection. It includes provisions related to sales charges, expenses, commissions, and other relevant fees associated with Class C shares. Additionally, the agreement may also outline different distributions plans catering to varying investor preferences and market conditions. These plan options might include different load structures or variations in fees and expenses. For example, there could be a front-end loaded distribution plan where investors pay a sales charge upfront, a back-end loaded plan wherein investors pay a charge upon redemption, or even a level-load plan where charges are spread out over a specified period. The primary goal of the Louisiana Class C Distribution Plan and Agreement is to establish a mutually beneficial relationship between Putnam Mutual Funds Corp, Putnam High Yield Trust II, and Louisiana investors. By clearly defining the terms under which Class C shares are distributed and sold, the agreement fosters trust and confidence among investors while ensuring proper oversight and compliance with local regulations. It is important for investors, financial advisors, and fund managers to familiarize themselves with the specific terms and provisions outlined in the Louisiana Class C Distribution Plan and Agreement. This knowledge will help all parties involved to make informed decisions and maximize the benefits of investing in Class C mutual fund shares in Louisiana.

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FAQ

The mutual fund trust is created by one or more Sponsors, who bring in the initial capital for the mutual fund business. HDFC is the sponsor of HDFC Mutual Fund. The beneficiaries of the mutual fund trust are the investors who invest in various schemes of the mutual fund. The collectively become the beneficiaries.

WINNIPEG ? ? Great-West Lifeco Inc. (?Lifeco?) [TSX: GWO] today announced that Franklin Resources, Inc. [NYSE: BEN], operating as Franklin Templeton, one of the world's largest independent and diversified asset managers, has agreed to acquire Putnam Investments from Lifeco.

Fund giant Franklin Templeton is buying Putnam Investments for $925 million and receiving a substantial investment from Great-West Lifeco, Putnam's parent company and a subsidiary of Power Corp.

Class C shares don't impose a front-end sales charge on the purchase, so the full dollar amount that you pay is invested. Often Class C shares impose a small charge (often 1 percent) if you sell your shares within a short time, usually one year.

Franklin Templeton will pay approximately $825 million2 in stock consideration up-front at closing and $100 million in cash 180 days after closing for 100% of Putnam.

Robert L. Reynolds will remain with Great-West Lifeco after the completion of the firm's recently announced deal to sell its Putnam Investments subsidiary to Franklin Templeton, a Putnam spokesman confirmed.

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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, ... Please complete the attached Putnam mutual fund account application to establish one of the registration types below. All references herein to the singular ...As a mutual fund investor, you pay ongoing expenses, such as management fees, distribution fees (12b-1 fees), and other expenses. Using the following ... Manage or update your mutual fund account information with these forms and applications (pdf format). To find the value of your investment on 6/1/16, call Putnam at 1-800-225-1581. High Yield Advantage Fund 13. Compare expenses using the SEC's method. Analyze the Fund Putnam Tax-Free High Yield Fund Class A having Symbol PTHAX for type mutual-funds and perform research on other mutual funds. Dec 9, 2022 — Semi-annual report and unaudited financial statements for the financial period ended 31 December 2021. An Umbrella Unit. Trust authorised by ... Jan 24, 2023 — Final distribution information will appear on your year-end tax forms. 1 For some investors, investment income may be subject to the federal ... Jul 26, 2023 — ... Putnam funds until distribution in accordance with the Deferral Plan ... classes pursuant to Rule 12b–1 under the Investment Company Act of 1940. under the fund's investor servicing contract, investment management contract and distribution plans, on a fiscalyear-to-date basis to an annual rate of 0.20% of ...

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