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

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Multi-State
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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.
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FAQ

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.

For SIP withdrawals, some mutual funds may impose exit loads if the investment is redeemed before a specified period. For instance, if you withdraw your SIP investment within a year from the date of investment, the mutual fund may charge an exit load ranging from 0.5% to 2% of the redemption amount.

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.

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

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.

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.

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.

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