CrossingBridge Ultra-Short Duration Fund — new fund registration

TRUST FOR PROFESSIONAL MANAGERS registered 2 new fund series on Form 485APOS, filed 2021-02-12. Featured series: CrossingBridge Ultra-Short Duration Fund.

Registration

Registrant / trust: TRUST FOR PROFESSIONAL MANAGERS
CIK: 0001141819
Form: 485APOS
Filed: 2021-02-12
State of incorporation: DE
Accession: 0000894189-21-000864
Reported net assets: $364.4M

Series & classes (2)

Series	Class	Ticker	New
CrossingBridge Ultra-Short Duration Fund	Institutional Class Shares	CBUDX	Yes
CrossingBridge Responsible Credit Fund	Institutional Class Shares	CBRDX	Yes

Fees (from the effective prospectus)

12b-1 fee: 0.00%
Gross expense ratio: 1.00%
Management fee: 0.65%
Net expense ratio: 0.92%
Other expenses: 0.24%

Investment objective

The CrossingBridge Ultra-Short Duration Fund (Ultra-Short Duration Fund or the Fund) seeks to offer a higher yield than cash instruments while maintaining a low duration.

Advisers

CrossingBridge Advisors, LLC (Advisor)