Valued Advisers Trust

05/04/2026 | Press release | Distributed by Public on 05/04/2026 13:44

Prospectus by Investment Company (Form 497)

VALUED ADVISERS TRUST

LS Opportunity Fund

Supplement dated May 4, 2026 to the

Summary Prospectus and Prospectus

dated October 1, 2025

(as supplemented from time to time)

Important Notice Regarding Revised Investment Objective

The Board of Trustees of Valued Advisers Trust approved various changes to the investment objective of the LS Opportunity Fund (the "Fund"). Effective July 3, 2026 the Fund's Investment Objective will be as follows:

Investment Objective

LS Opportunity Fund (the "Fund") seeks to generate long-term capital appreciation over a full market cycle by investing in both long and short positions within a portfolio consisting of primarily publicly-traded common stock, with generally less net exposure than that of the stock market.

PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE

* * * * *

This Supplement, the Prospectus and the Statement of Additional Information provide the information a prospective investor should know about the Fund and should be retained for future reference. You may obtain the Prospectus or SAI without charge by calling the Fund at (877) 336-6763.

Valued Advisers Trust published this content on May 04, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on May 04, 2026 at 19:44 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]