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CrossingBridge Low Duration High Income Fund (retail share class available 10/31)

https://www.sec.gov/Archives/edgar/data/1141819/000089418924006512/crossingbridge497e103024.htm

497 1 crossingbridge497e103024.htm CROSSINGBRIDGE 497E
Filed pursuant to Rule 497(e)
Registration Nos. 333-62298; 811-10401
CrossingBridge Low Duration High Income Fund
(f/k/a CrossingBridge Low Duration High Yield Fund) (the “Fund”)
a series of Trust for Professional Managers

Institutional Class Shares (CBLDX)
Retail Class Shares (CBLVX)

Supplement dated October 30, 2024 to the
Summary Prospectus, Prospectus and Statement of Additional Information (“SAI”),
each dated October 18, 2024


Effective October 31, 2024, Retail Class shares (trading symbol: CBLVX) of the Fund will be available for purchase.

Effective on the same date, the Summary Prospectus, Prospectus and SAI will be amended to remove all statements to the effect that the Retail Class shares are not currently available for purchase.



Please retain this supplement with your Summary Prospectus, Prospectus and SAI.

Comments

  • edited October 31
    Message from Fidelity on 10/31/24 re. CBLVX: "This Fund cannot be traded at Fidelity".
    I'll try again tomorrow.
  • Checked again today and CBLVX is still not available at Fidelity or Vanguard.
  • The minimum initial investment for CBLDX (ER of 0.91%) at Vanguard is $5,000. Morningstar shows the minimum initial investment for CBLVX (ER of 1.16%) is $2,500. The minimum initial investment spread seems very narrow.
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