Los Angeles California Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II

State:
Multi-State
County:
Los Angeles
Control #:
US-EG-9402
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Description

Class C Distribution Plan and Agreement between Putnam Mutual Funds Corporation and Putnam High Yield Trust II dated July 16, 1999. 3 pages.

Los Angeles, California, serves as a significant hub for financial activities, including mutual funds distribution. Putnam Mutual Funds Corp and Putnam High Yield Trust II have established a Class C Distribution Plan and Agreement to enhance their investment opportunities in the region. The Class C Distribution Plan aims to cater to the needs of individual investors who are looking to invest in mutual funds offered by Putnam Mutual Funds Corp. This plan ensures that these investors can access and purchase mutual fund shares without incurring upfront sales charges, often referred to as load fees. The Class C shares within this plan are designed to align with the long-term investment objectives of these individuals. Putnam High Yield Trust II is a specific fund offered by Putnam Mutual Funds Corp that operates under the Class C Distribution Plan. This fund focuses on high-yield investments, which generally involve securities with a higher risk profile but potentially higher returns. Investors interested in this fund can take advantage of the Class C shares offered through the distribution plan to build a diversified investment portfolio. The main goal of the Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II is to attract retail investors in Los Angeles, California, who are seeking access to mutual funds that meet their financial objectives. By removing the upfront sales charges associated with Class A and Class B shares, this plan aims to provide investors with a more cost-effective way to invest in these funds. In addition to the general Class C Distribution Plan, there may be variations or additional agreements specific to Los Angeles, California. These could include location-based marketing and promotional strategies tailored to the preferences and demographics of investors in the region. These localized plans might further enhance the visibility of Putnam Mutual Funds Corp and Putnam High Yield Trust II within the Los Angeles market, potentially attracting a larger client base. Investors considering the Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II in Los Angeles, California, can expect a streamlined investment process, reduced sales charges, and access to high-yield investment opportunities. By utilizing this agreement, individuals can align their financial goals with the offerings of Putnam Mutual Funds Corp and explore the potential benefits of investing in the Putnam High Yield Trust II fund.

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FAQ

Putnam Investments today announced that it is being acquired by Great-West Lifeco Inc., a subsidiary of Power Financial Corp. in Montreal, for $3.9 billion.

Putnam Investments today announced that it is being acquired by Great-West Lifeco Inc., a subsidiary of Power Financial Corp. in Montreal, for $3.9 billion.

Putnam Investments, LLC is a global asset manager and retirement plan provider, offering investment management services across a range of equity, fixed income, global asset allocation and alternative strategies, including absolute return, risk parity and hedge funds for individuals and institutions.

Overall, Putnam Investments is one of the top mutual fund companies in the world.

Putnam Investment Management will merge its long-time flagship stock mutual fund out of existence this summer, according to a filing with regulators. Assets in the $3.3 billion Putnam Voyager Fund (PVOYX) will be absorbed by the $609 million Putnam Growth Opportunities Fund (POGAX) in the middle of July.

Overall, Putnam Investments is one of the top mutual fund companies in the world.

As one of the oldest mutual fund complexes in the United States, Putnam has over $183 billion in assets under management, 79 individual mutual fund offerings, 96 institutional clients, and over seven million shareholders and retirement plan participants.

Tracing its roots to 1937, Putnam Investments is one of active management's oldest families of mutual funds. The Boston-based investment firm, which most recently listed its total assets under management at $179 billion, now operates as a part of Great-West Lifeco.

Tracing its roots to 1937, Putnam Investments is one of active management's oldest families of mutual funds. The Boston-based investment firm, which most recently listed its total assets under management at $179 billion, now operates as a part of Great-West Lifeco.

More info

The Fund seeks to achieve both capital appreciation and current income through a diversified portfolio of global stocks and fixed income securities. Here are the differences between two of the largest mutual fund families, American Funds and The Vanguard Group, and how their returns match up.FUND NAME AND DISTRIBUTIONS. 2. To consider and vote upon the approval of new investment advisory agreements for each Fund with AllianceBernstein L.P.. 3. In Re Kauffman Mutual Fund Actions. Joseph B. Kauffman, Plaintiff-appellant, 479 F.2d 257 (1st Cir. VP Market Growth Strategy Fund. Ticker Symbols: Class II—SVPRX, Class III—SVPGX. In its capacity as the principal distributor of. Its mission is to advance the interests of investment companies.

To support market leadership that meets the investment needs of mutual fund investors. 810 F.2d 651 (1st Cir. 1988, cert. Denied, 440 U.S. 837; cert. Denied, 478 U.S. 1197). The court decided that the Kauffman Funds are not subject to the requirements of the Rule. This opinion applies exclusively to actions pending on February 12, 1993. 5. In Re Kauffman, No. 93-0265, 1993 WE 364512, at 2 (E.D. Cal. Feb. 8, 1993). 6. In re Kauffman, No. 93-0068, 1993 WE 469861, at 2 (E.D. Cal. Nov. 24, 1992). 7. In reinstating its existing investment services agreement with American Funds. American Funds, N.A., 468 F. Supp. 2d, at 115 (S.D.N.Y., April 9, 1993). 8. In re Kauffman Fund's Investment Advisory Agreement—Creditor. N.D., No. 94-0237, 1994 WE 466395, at 2 (E.D. Cal. April 28, 1994); In re Kauffman Fund's Investment Advisory Agreement (Exhibit 1).[Footnote 2] 9. In re Kauffman, No. 93-0245, 1994 WE 364512, at 2 (E.D. Cal. Jan. 5, 1994). 10.

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Los Angeles California Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II