World Funds Trust

05/29/2026 | Press release | Distributed by Public on 05/29/2026 14:38

Prospectus by Investment Company (Form 497)


Perkins Discovery Fund

Ticker: PDFDX



Supplement dated May 29, 2026
to the Prospectus, Summary Prospectus and Statement of Additional Information,
each dated August 1, 2025

The Board of Trustees (the "Board") of World Funds Trust (the "Trust") has approved a Plan of Liquidation (the "Plan") for the Perkins Discovery Fund (the "Fund"), which became effective on May 20, 2026. Perkins Capital Management, Inc. (the "Adviser") recommended that the Board approve the Plan due to a diminished asset base and correspondingly rising expenses of the Fund, which the Adviser has indicated that it is no longer willing to continue to subsidize. As a result, the Board concluded that it is in the best interest of the Fund's shareholders to liquidate the Fund. The Fund is expected to liquidate on or about June 29, 2026 (the "Liquidation Date").

Effective May 29, 2026, the Fund is closed to new and subsequent investments. Until the Liquidation Date, Fund shareholders may continue to reinvest dividends and distributions in the Fund or redeem their shares. Any remaining shareholders on the Liquidation Date will receive a distribution of their remaining investment value in the Fund based on the instructions listed on your account. The sale or liquidation of your shares will generally be a taxable event. You should consult your tax advisor about your tax situation.

As shareholders redeem shares of the Fund between May 29, 2026 and the Liquidation Date, the Fund may not be able to maintain its stated investment goal and other investment policies. Accordingly, the Fund may deviate from its stated investment goal and other investment policies during the period between May 29, 2026 and the Liquidation Date.

If you have questions or need assistance, please contact your financial advisor directly or the Fund toll-free at 800-673-0550.

This Supplement, the Fund's Prospectus, Summary Prospectus and Statement of Additional Information provide relevant information for all shareholders and should be retained for future reference. The Fund's Prospectus, Summary Prospectus and Statement of Additional Information have been filed with the U.S. Securities and Exchange Commission, are incorporated by reference, and can be obtained without charge by calling the Fund toll-free at 800-673-0550.


World Funds Trust published this content on May 29, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on May 29, 2026 at 20:38 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]