Performance Trust Credit Bond Fund — new fund registration

TRUST FOR PROFESSIONAL MANAGERS registered 1 new fund series on Form 485APOS, filed 2020-10-16. Featured series: Performance Trust Credit Bond Fund.

Registration

Registrant / trust: TRUST FOR PROFESSIONAL MANAGERS
CIK: 0001141819
Form: 485APOS
Filed: 2020-10-16
State of incorporation: DE
Accession: 0000894189-20-008371
Reported net assets: $432.0M

Series & classes (1)

Series	Class	Ticker	New
Performance Trust Credit Bond Fund	Performance Trust Credit Fund - Institutional Class	PTCRX	Yes

Fees (from the effective prospectus)

12b-1 fee: 0.00%
Gross expense ratio: 1.03%
Management fee: 0.80%
Net expense ratio: 0.99%
Other expenses: 0.21%

Investment objective

The investment objective of the Performance Trust Multisector Bond Fund (the Multisector Bond Fund or the Fund) is to achieve long-term investment returns primarily by investing in a portfolio of income producing securities that may have the potential for capital appreciation.

Advisers

PT Asset Management, LLC (Advisor)