Class C Distribution Plan and Agreement between Putnam Mutual Funds Corporation and Putnam High Yield Trust II dated July 16, 1999. 3 pages.
The Harris Texas Class C Distribution Plan and Agreement is a contractual arrangement between Putnam Mutual Funds Corp and Putnam High Yield Trust II. This agreement outlines the terms and conditions for the distribution of Class C shares of the Putnam High Yield Trust II in Harris, Texas. Under this plan, Putnam Mutual Funds Corp serves as the distributor for the Class C shares of Putnam High Yield Trust II in Harris, Texas. As the distributor, Putnam Mutual Funds Corp is responsible for marketing, selling, and distributing these shares to investors in the region. The Harris Texas Class C Distribution Plan and Agreement is designed to provide investors in Harris, Texas, with access to Class C shares of Putnam High Yield Trust II. Class C shares are a type of mutual fund share class that typically carry a higher expense ratio compared to other share classes. Investors who choose to invest in the Class C shares of Putnam High Yield Trust II through the Harris Texas distribution plan will pay a contingent deferred sales charge (CDs) when they sell their shares. The CDs gradually declines over a specific period, typically seven years, incentivizing long-term investment. The primary objective of the Harris Texas Class C Distribution Plan and Agreement is to enhance the availability of the Putnam High Yield Trust II's Class C shares to investors in Harris, Texas, through the distribution efforts of Putnam Mutual Funds Corp. By partnering with a reputable distributor like Putnam Mutual Funds Corp, investors in Harris, Texas, can gain exposure to the high yield asset class and potentially benefit from increased diversification and income potential. While the specific details of the Harris Texas Class C Distribution Plan and Agreement may vary, depending on the terms negotiated between Putnam Mutual Funds Corp and Putnam High Yield Trust II, the fundamental purpose remains consistent — to facilitate the distribution of Class C shares to investors in Harris, Texas. In summary, the Harris Texas Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II represents a strategic collaboration to make Class C shares of Putnam High Yield Trust II more accessible to investors in Harris, Texas. Through this agreement, Putnam Mutual Funds Corp acts as the distributor, responsible for marketing and selling the Class C shares in the region. This initiative aims to provide investors with opportunities for potential growth and income within the high yield asset class.
The Harris Texas Class C Distribution Plan and Agreement is a contractual arrangement between Putnam Mutual Funds Corp and Putnam High Yield Trust II. This agreement outlines the terms and conditions for the distribution of Class C shares of the Putnam High Yield Trust II in Harris, Texas. Under this plan, Putnam Mutual Funds Corp serves as the distributor for the Class C shares of Putnam High Yield Trust II in Harris, Texas. As the distributor, Putnam Mutual Funds Corp is responsible for marketing, selling, and distributing these shares to investors in the region. The Harris Texas Class C Distribution Plan and Agreement is designed to provide investors in Harris, Texas, with access to Class C shares of Putnam High Yield Trust II. Class C shares are a type of mutual fund share class that typically carry a higher expense ratio compared to other share classes. Investors who choose to invest in the Class C shares of Putnam High Yield Trust II through the Harris Texas distribution plan will pay a contingent deferred sales charge (CDs) when they sell their shares. The CDs gradually declines over a specific period, typically seven years, incentivizing long-term investment. The primary objective of the Harris Texas Class C Distribution Plan and Agreement is to enhance the availability of the Putnam High Yield Trust II's Class C shares to investors in Harris, Texas, through the distribution efforts of Putnam Mutual Funds Corp. By partnering with a reputable distributor like Putnam Mutual Funds Corp, investors in Harris, Texas, can gain exposure to the high yield asset class and potentially benefit from increased diversification and income potential. While the specific details of the Harris Texas Class C Distribution Plan and Agreement may vary, depending on the terms negotiated between Putnam Mutual Funds Corp and Putnam High Yield Trust II, the fundamental purpose remains consistent — to facilitate the distribution of Class C shares to investors in Harris, Texas. In summary, the Harris Texas Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II represents a strategic collaboration to make Class C shares of Putnam High Yield Trust II more accessible to investors in Harris, Texas. Through this agreement, Putnam Mutual Funds Corp acts as the distributor, responsible for marketing and selling the Class C shares in the region. This initiative aims to provide investors with opportunities for potential growth and income within the high yield asset class.