Principal Street Short Term Municipal Fund — new fund registration

Managed Portfolio Series registered 1 new fund series on Form 485APOS, filed 2022-02-11. Featured series: Principal Street Short Term Municipal Fund.

Registration

Registrant / trust: Managed Portfolio Series
CIK: 0001511699
Form: 485APOS
Filed: 2022-02-11
Accession: 0000894189-22-001159
Reported net assets: $56.3M

Series & classes (3)

Series	Class	Ticker	New
Principal Street Short Term Municipal Fund	Investor Class	—	Yes
Principal Street Short Term Municipal Fund	A Class	—	Yes
Principal Street Short Term Municipal Fund	Institutional Class	—	Yes

Fees (from the effective prospectus)

12b-1 fee: 0.25%
Gross expense ratio: 1.37%
Management fee: 0.45%
Net expense ratio: 0.95%
Other expenses: 4.90%

Investment objective

The Principal Street Short Term Municipal Funds (the Short Term Fund or Fund) primary investment objective is to provide current income exempt from regular federal income tax.

Advisers

Principal Street Partners, LLC. (Advisor)