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.
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.