Contra Costa, California, is a county located in the San Francisco Bay Area with a population of over a million residents. Contra Costa serves as a vibrant business hub, offering various investment opportunities, including mutual funds and trusts. One notable example is the Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II. This agreement outlines the terms and conditions associated with the distribution of Class C shares offered by the Putnam Mutual Funds Corp. These shares are part of the Putnam High Yield Trust II, which provides investors with an opportunity to invest in a diversified portfolio of high-yield bonds. The Contra Costa California Class C Distribution Plan and Agreement aim to establish guidelines for the mutual funds' operations, investor eligibility, distribution fees, and overall fund management. The agreement delineates the responsibilities of Putnam Mutual Funds Corp as the fund's manager and the obligations of the investors. The Class C Distribution Plan offers investors the option to pay a sales commission upon purchasing or redeeming shares. These commissions help cover expenses associated with marketing and distributing the mutual fund. By choosing the Class C shares, investors may enjoy the flexibility of shorter holding periods without any front-end sales charges. Under this agreement, Putnam High Yield Trust II seeks to maximize returns for investors while effectively managing risks associated with high-yield bonds. The fund aims to provide regular income by investing in bonds issued by corporations, government entities, and other issuers that demonstrate potential for higher yields. It is important to note that while the Contra Costa California Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II serve as a specific example, there may be variations in such plans and agreements offered by other financial institutions. These variations may cater to different investor needs, offering various fee structures, redemption options, and investment strategies. In conclusion, the Contra Costa California Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II present an investment opportunity for individuals seeking to invest in high-yield bonds. This agreement outlines the terms and conditions associated with investing in Class C shares, providing investors with flexibility and potential returns while adhering to the fund's overall objectives.