Kings New York Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II

• Category: Corporations - Public - Distribution
• State: Multi-State
• County: Kings
• Control #: US-EG-9402
• Format: Word; Rich Text

Description

Class C Distribution Plan and Agreement between Putnam Mutual Funds Corporation and Putnam High Yield Trust II dated July 16, 1999. 3 pages. The Kings New York Class C Distribution Plan is a comprehensive agreement established between Putnam Mutual Funds Corp and Putnam High Yield Trust II. This plan acts as a roadmap for the distribution of Class C shares in the Kings New York fund, outlining various terms and conditions that both parties must adhere to. In line with the agreement, Putnam Mutual Funds Corp and Putnam High Yield Trust II jointly developed different types of Class C Distribution Plans to cater to specific needs and preferences of investors. These plans include: 1. Traditional Class C Distribution Plan: This plan offers investors the opportunity to purchase Class C shares through initial investments or subsequent purchases. It establishes the method of calculating distribution payments and provides details about sales charges, redemption fees, and other associated expenses. 2. Systematic Investment Class C Distribution Plan: This plan suits investors looking for a disciplined investment approach. It allows for regular investments at predefined intervals, such as monthly or quarterly. By contributing fixed amounts systematically, investors can benefit from dollar-cost averaging and potentially reduce the impact of market volatility on their returns. 3. Systematic Withdrawal Class C Distribution Plan: This plan helps investors who desire regular income from their investments. It offers a structured approach to withdrawing funds from the Kings New York fund at predefined intervals. By establishing fixed withdrawal amounts, investors can better manage their cash flow requirements while still participating in the fund's potential growth. 4. Exchange Privilege Class C Distribution Plan: This plan provides investors the flexibility to switch their investments from one fund to another within the Putnam Mutual Funds Corp family, subject to certain terms and conditions. This allows for potential diversification and adjustment of investment strategies as market conditions change. The Kings New York Class C Distribution Plan and Agreement aim to maintain transparency and fairness in the distribution of Class C shares. By offering various options tailored to different investor preferences, this agreement ensures that investors can choose the most suitable plan to meet their individual investment goals and objectives.

The Kings New York Class C Distribution Plan is a comprehensive agreement established between Putnam Mutual Funds Corp and Putnam High Yield Trust II. This plan acts as a roadmap for the distribution of Class C shares in the Kings New York fund, outlining various terms and conditions that both parties must adhere to. In line with the agreement, Putnam Mutual Funds Corp and Putnam High Yield Trust II jointly developed different types of Class C Distribution Plans to cater to specific needs and preferences of investors. These plans include: 1. Traditional Class C Distribution Plan: This plan offers investors the opportunity to purchase Class C shares through initial investments or subsequent purchases. It establishes the method of calculating distribution payments and provides details about sales charges, redemption fees, and other associated expenses. 2. Systematic Investment Class C Distribution Plan: This plan suits investors looking for a disciplined investment approach. It allows for regular investments at predefined intervals, such as monthly or quarterly. By contributing fixed amounts systematically, investors can benefit from dollar-cost averaging and potentially reduce the impact of market volatility on their returns. 3. Systematic Withdrawal Class C Distribution Plan: This plan helps investors who desire regular income from their investments. It offers a structured approach to withdrawing funds from the Kings New York fund at predefined intervals. By establishing fixed withdrawal amounts, investors can better manage their cash flow requirements while still participating in the fund's potential growth. 4. Exchange Privilege Class C Distribution Plan: This plan provides investors the flexibility to switch their investments from one fund to another within the Putnam Mutual Funds Corp family, subject to certain terms and conditions. This allows for potential diversification and adjustment of investment strategies as market conditions change. The Kings New York Class C Distribution Plan and Agreement aim to maintain transparency and fairness in the distribution of Class C shares. By offering various options tailored to different investor preferences, this agreement ensures that investors can choose the most suitable plan to meet their individual investment goals and objectives.