Tarrant Texas Class C Distribution Plan and Agreement The Tarrant Texas Class C Distribution Plan and Agreement is a legal document that outlines the terms and conditions of the distribution plan for Putnam Mutual Funds Corp and Putnam High Yield Trust II in the Tarrant Texas region. This plan is specifically designed for Class C shares, which are a type of mutual fund shares that typically carry a level load, or a sales charge, that is deducted annually. The agreement defines the roles and responsibilities of both Putnam Mutual Funds Corp and Putnam High Yield Trust II in distributing Class C shares in Tarrant Texas. It ensures transparency and clarity in the distribution process, protecting the interests of both the fund company and the investors. Under this distribution plan and agreement, Putnam Mutual Funds Corp and Putnam High Yield Trust II commit to offering Class C shares to investors in Tarrant Texas and ensuring they receive accurate and up-to-date information about the fund. The agreement also outlines the marketing and promotional activities that will be undertaken to promote the Class C shares to potential investors in the region. One possible variant of the Tarrant Texas Class C Distribution Plan and Agreement could be a "Fixed-Load Class C Distribution Plan." This plan would specify a fixed sales charge, which remains the same throughout the investor's holding period. Another possible variant could be a "Deferred-Load Class C Distribution Plan." In this plan, the sales charge is deferred until the investor sells the shares, subject to a contingent deferred sales charge (CDs) schedule. It is important to note that the terms and specifics of these variants may differ, and investors should carefully review the details of each plan before making any investment decisions. In summary, the Tarrant Texas Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II is a comprehensive document that governs the distribution of Class C shares in the Tarrant Texas region. It ensures that both the fund company and investors are protected, and serves as a valuable resource for understanding the terms and conditions of investing in these mutual funds.
Tarrant Texas Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II
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