I have a family member in securities compliance business.
Licensed financial professionals are restricted from posting a lot on social-media. In fact, whatever they post may become part of the records they must keep for the SEC and FINRA. For any business related information, they have to operate with KYC rules - and anonymous discussion boards are sort of nonstarters.
So, DS' hesitation to post at MFO and Big Bang may not be related at all to this new Alphacentric and CrossingBridge fund management deal. BTW, it must be a very fresh news as a web search on "Alphacentric CrossingBridge" only produces a link for this MFO OP by @TheShadow.

Let say I buy a annuity, own rental property, apply for Social Security, and receive a pension along with any other income producing asset. I have often wondered how these income producing (in periodic payments) assets are calculated into my net worth and my overall portfolio asset allocation.
Annuity:
The annuity pays individuals differently, but for the sake of the discussion let's say you buy a 5% fix annuity. You won't actually know what you lifetime payout will be (until you die), but you would expect ($300K*5%) periodically ($15K/yr for example). Eventually, a annuity dies with you. Does annuity income add to your net worth while alive? Is it subtracted when you die (not that you care, but your heirs might).
Social Security:
Social Security seems to be set up in a similar manner (plus a COLA rider), but your payout is determined instead your work income history. SS goes away upon death and so does its net worth value. Does it have a net worth value while alive.
Rental Property:
If you bought a $300K home and rented it for income, you might hope to net 10% ROI or $30K/yr. The property has to be managed and maintained. Upon death, the property has value. While living, a rental asset provides rental income. Both seem to be additive to one's net worth in life and death.
Pension Income:
From the linked article:

For example, if your pension pays out $40,000 a year, you expect to live 30 years, and your discount rate is 4%, then your pension would be worth around $692,000 today. You can get this value by plugging all of these values into a financial calculator [Payment = $40,000, Future Value = $0, Interest/Year = 4%, Periods = 30, Periods/Year = 1] and then solving for the Present Value. In other words, if you had $692,000 today (Present Value) that was earning 4% per year, you would be able to withdraw $40,000 per year for 30 years before running out of money.

This article might lend itself to help determine how these income producing assets impact net worth.
how-much-is-my-pension-worth/

https://www.sec.gov/Archives/edgar/data/1359057/000089418924006071/hoodriversmall-capgrowthfu.htm
Filed pursuant to Rule 497(e)
Registration Nos. 333-133691; 811-21897
MANAGER DIRECTED PORTFOLIOS TRUST
(the “Trust”)
Hood River Small-Cap Growth Fund
(the “Fund”)
Supplement dated October 2, 2024
to the Prospectus, the Summary Prospectus and the Statement of Additional Information
dated October 31, 2023, as previously supplemented
Effective as of the close of business on October 4, 2024 (the “Closing Date”), the Fund will be closed to most new investors. Hood River Capital Management LLC, the investment adviser to the Fund (the “Adviser”), believes that limiting investments in the Fund will help ensure that the Fund can be effectively managed in accordance with its investment objective and strategy. The closing is intended to promote long-term investments in the Fund, thereby contributing to a more stable asset base and the continued efficient management of the Fund. This decision was made after considering the current size of the Fund (approximately $3.21 billion as of August 31, 2024) and the availability of common stocks of small cap companies that meet the Fund’s investment criteria.
Only investors of the Fund as of the Closing Date, whether owning shares directly through the Fund’s transfer agent or through a bank, broker-dealer, financial adviser or recordkeeper (“Financial Intermediary”), are eligible to purchase shares of the Fund. The Fund will continue to permit the following types of investments in the Fund:
•Additional share purchases or reinvestment of dividends or capital gains by existing Fund shareholders;
•Investments made through qualified retirement plans (such as 401(a), 401(k) and other defined contribution plans and defined benefit plans) for which the Fund is an eligible investment alternative and whose records are maintained by a Financial Intermediary having an agreement with the Fund in effect on or before the Closing Date;
•Investments by new or existing clients of an individual financial adviser representative who already had client assets invested in the Fund on the Closing Date;
•Investments by clients of registered investment adviser firms and other Financial Intermediaries who have an existing business relationship with the Adviser that, in the judgment of the Adviser, would not adversely affect the Adviser’s ability to manage the Fund effectively;
•Investments by a Trustee or officer of the Trust, an officer, director or employee of the Adviser, a member of the immediate family of any of those persons, or clients of the Adviser; and
•An investment that officers of the Adviser determine, in their sole discretion, would not adversely affect the Adviser’s ability to manage the Fund effectively.
The Fund may ask you to verify that you meet one of the guidelines above prior to permitting you to open a new account in the Fund. The Fund reserves the right to prohibit a transaction otherwise permitted if the Fund believes doing so to be in the Fund’s best interest. In addition, the Fund reserves the right, at any time, in its sole discretion, to further modify or amend the extent to which the future sales of shares are limited.
For additional information regarding restrictions on new purchases of shares of the Fund, please contact the Fund at 1-800-497-2960 (toll free).
Investors should retain this supplement for future reference.

https://www.sec.gov/Archives/edgar/data/811030/000089418924006027/villere497elowerexpensecap.htm
97 1 villere497elowerexpensecap.htm 497
Filed pursuant to Rule 497(e)
File Nos. 033-12213; 811-05037
Villere Balanced Fund
TICKER: VILLX
Villere Equity Fund
TICKER: VLEQX
(together, the “Funds”)
each a series of Professionally Managed Portfolios (the “Trust”)
Supplement dated October 1, 2024 to the
Statutory Prospectus dated December 29, 2023
On August 14-15, 2024, the Board of Trustees (the “Board”) of the Trust approved an amendment to the operating expense limitation agreement between the Trust, on behalf of the Villere Balanced Fund (“Balanced Fund”), Villere Equity Fund (“Equity Fund”) and St. Denis J. Villere & Company, LLC (the “Adviser”), pursuant to which the Adviser has agreed to reduce the Balanced Fund’s operating expense limit from 0.99% to 0.89%, and reduce the Equity Fund’s operating expense limit from 1.25% to 1.15%, both effective October 1, 2024.
The following disclosures are hereby revised to reflect the changes to the fees and expenses of the Funds:
Page 3 - “Summary Section - Villere Balanced Fund”
Fees and Expenses of the Fund
This table describes the fees and expenses that you may pay if you buy, hold and sell shares of the Balanced Fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the table and expense example below.

https://www.sec.gov/Archives/edgar/data/1314414/000158064224005882/altegriscrabel497.htm
97 1 altegriscrabel497.htm 497
Altegris/Crabel Multi-Strategy Fund
Class A Shares CMSAX
Class I Shares CMSIX
(a series of Northern Lights Fund Trust)
Supplement dated September 27, 2024 to
the Prospectus and Statement of Information dated April 29, 2024
The Board of Trustees of Northern Lights Fund Trust (the “Board”) has determined based on the recommendation of the investment adviser of the Altegris/Crabel Multi-Strategy Fund (the “Fund”), that it is in the best interests of the Fund and its shareholders that the Fund cease operations. The Board has determined to close the Fund and redeem all outstanding shares on October 28, 2024.
Effective at the close of business September 27, 2024, the Fund will not accept any purchases and will no longer pursue its stated investment objectives. The Fund may begin liquidating its portfolio and may invest in cash equivalents such as money market funds until all shares have been redeemed. Any capital gains will be distributed as soon as practicable to shareholders. Shares of the Fund are otherwise not available for purchase.
Prior to October 28, 2024, you may redeem your shares, including reinvested distributions, in accordance with the “How to Redeem Shares” section in the Prospectus. Unless your investment in the Fund is through a tax-deferred retirement account, a redemption is subject to tax on any taxable gains. Please refer to the “Tax Status, Dividends and Distributions” section in the Prospectus for general information. You may wish to consult your tax advisor about your particular situation.
ANY SHAREHOLDERS WHO HAVE NOT REDEEMED THEIR SHARES OF THE FUND PRIOR TO OCTOBER 28, 2024 WILL HAVE THEIR SHARES AUTOMATICALLY REDEEMED AS OF THAT DATE, AND PROCEEDS WILL BE SENT TO THE ADDRESS OF RECORD. IF YOU HAVE QUESTIONS OR NEED ASSISTANCE, PLEASE CONTACT YOUR FINANCIAL ADVISOR DIRECTLY OR THE FUND AT 1-877-772-5838.
IMPORTANT INFORMATION FOR RETIREMENT PLAN INVESTORS
If you are a retirement plan investor, you should consult your tax advisor regarding the consequences of a redemption of Fund shares. If you receive a distribution from an Individual Retirement Account or a Simplified Employee Pension (SEP) IRA, you must roll the proceeds into another Individual Retirement Account within sixty (60) days of the date of the distribution in order to avoid having to include the distribution in your taxable income for the year. If you receive a distribution from a 403(b)(7) Custodian Account (Tax-Sheltered account) or a Keogh Account, you must roll the distribution into a similar type of retirement plan within sixty (60) days in order to avoid disqualification of your plan and the severe tax consequences that it can bring. If you are the trustee of a Qualified Retirement Plan, you may reinvest the money in any way permitted by the plan and trust agreement.
This Supplement and the existing Prospectus dated April 29, 2024, provide relevant information for all shareholders and should be retained for future reference. Both the Prospectus and the Statement of Additional Information dated April 29, 2024, have been filed with the Securities and Exchange Commission, are incorporated by reference and can be obtained without charge by calling the Fund at 1-877-772-5838.

Most of what Marks said recently is old news. The massive peacetime budget deficits really started under Reagan when they admitted they wand "to starve the beast".
His famous quote about the 12 most dangerous words in the English language " I am here from the government and I am here to help", probably would not be very popular in Florida today.
GOP in particular is always fighting against government spending, and supporting tax cuts until they want disaster assistance or bailout or money for their personal investments ( look at Devoes supporting her investments in charter schools). Dems do it too but at least they admit government is not the problem.
Marks also does not discuss the way the financial industry ( him included) has taken over control of the government for their own benefit. Repeal of Glass-Stengel, legalization of stock buybacks to support option based compensation, total lack of legal consequences for 2008 bailouts , allowing private equity to buy, control and bankrupt hospitals ambulances and health care, and CEO pay hundreds or thousands of times the average worker and people who actually help people ( with no consequences for bad or even criminal performance) all are consequences of a government run for the financial industry.
Our politics are in the mess we are in today because all of these actions and NAFTA (a Democratic achievement) have destroyed the working class, made homes unaffordable and eliminated the chance for a decent life and retirement unless you work on Wall Street.
What does it say about a nation when over 30% of the brightest University students major in finance, not engineering, medicine, biomedical research?
The NYT just had a long analysis of NAFTA. I would also recommend "Democracy's Discontents " by Michael Sandel

What are these foolish customers thinking? A one-time fraudulent deposit followed by a large withdrawal is not only traceable, but may block the account.
But 16-day business hold? Fido CMA isn't a bank a/c, but can banks do that?
This is a copycat of JPM ATM withdrawals and that is being investigated by the law enforcement.
People have reported that Fido has been crediting ACH transfers quicker than the normal 2-3 days*. People don't realize that Fido is extending credit to its good customers, but when they deliberately or unwittingly start abusing it, that may stop too.
Of course, the Fed rolled out instant transfer facility FedNow last year that is being adopted gradually.
https://www.frbservices.org/financial-services/fednow
*Order entry on Day1. Institution-to-institution electronic transfer on Day 1-2. Wait for error reports on Day 2-3. Account credit on Day 2-3.

A few minutes ago I pointed out that Howard Marks fails to contemplate or incorporate any modifications to reflect the necessity of ... attempting to control the inevitable manipulations of large financial interests. Coincidentally I just happened across this from NPR:

The Justice Department sued Visa on Tuesday, accusing the company of illegally monopolizing the debit card market and therefore driving up prices for businesses and consumers.
The lawsuit, filed in the Southern District of New York, says Visa handles more than 60% of debit card transactions in the U.S. and collects more than $7 billion in annual processing fees. The company allegedly used its market power to stifle competition and keep fees artificially high, according to the suit.
"We allege that Visa has unlawfully amassed the power to extract fees that far exceed what it could charge in a competitive market," Attorney General Merrick Garland said in a statement. "Merchants and banks pass along those costs to consumers, either by raising prices or reducing quality or service. As a result, Visa's unlawful conduct affects not just the price of one thing — but the price of nearly everything."

Q.E.D.

Happy to see equanimity restored. All of the commotion did cause me to revisit the Howard Marks post, which is of course the essential standard defense of an unregulated capitalist economy.
That doesn't mean that it's wrong, or outdated. The knotty problem, in fact, is that technically it is accurate and correct, but fails to contemplate or incorporate any modifications to reflect the necessity of providing at least a minimal safety net for the least fortunate of us, or of attempting to control the inevitable manipulations of large financial interests.
I just said that Howard Marks "fails" to consider major social realities. Actually, that's incorrect- it's not that he "fails"... it's that he makes no attempt to even consider that aspect. So coldly, clinically, he's correct. But realistically, there's a lot lacking there.

Howard Marks credits his initial understanding of different economic systems to a book he read in junior high school!
Lengthy excerpt from near the conclusion:
“My first step toward understanding the workings of the various economic systems came in junior high school in the late 1950s, when I read George Orwell’s Animal Farm. Orwell wrote it in 1945 as a thinly veiled critique of Russia and communism/socialism. That book taught me most of what I needed to know about free markets versus command economies. If you haven’t read it, or if you read it so long ago that you can’t remember what it says, I suggest you pick it up.
“In the allegory of Animal Farm, the animals took over the running of the farm. For me, the key lesson emanates from the motto they painted on the barn wall, borrowed from Karl Marx: “From each according to his ability; to each according to his needs.”
“What an idealistic statement! It would be great if everyone produced all they could, with the more able members of society producing more. And it would be great if everyone got what they need, with needier individuals getting more. But, as the animals on the farm soon learned, if workers only get to keep what they need, there’s no incentive for the more able among them to put in the additional effort required to produce a surplus from which to fill the needs of the less able. The great challenge, of course, is to strike the proper balance: to take enough from the successful in the form of taxes to fund services, government programs, and wealth transfers without eroding their incentive to work or encouraging them to seek out low-tax jurisdictions.”

” … I did not read the rest of the thread, except the last two posts.”

Well, I surely would encourage you to read the entire thread. Howard Marks is one of @Mark’s and my favorite financial writers. Admittedly, he can be a tough read. But he provides a valuable, somewhat unique perspective on valuations and investor attitude. ISTM he goes “off the rails” a bit here. I’ve not known him to wade into politics before. But none of us is exempt from all the shouting / loud political posturing and promises being made in the run up to Nov. 5.
I also thought @Crash made some salient points and his comparison to Denmark adds to Howard Marks’ analysis of the U.S. at this juncture.
Don’t get caught up in the sparring with OJ. Been going on for about 15 years. Never ends. But truth be told - I like him. And he adds immensely to the board.

"Some bond NAV's had positive moves after NOON, on Friday." Do you mean price? If not, which bond [fund?] NAVs do you follow?
I think a deeper dive into PFF would be good for us to understand its TR behavior YTD and its prospects going forward (on any time scale you prefer). As I look at TLT or IEF, PFF did very well. Was the difference driven by getting to par ($25, $1000, whatever it holds) because equities (credit?) have done well or something else? So, is a higher duration BBB- / BB+ fund a good approximation for PFF, except prefered's tilt to financial sector?
I plan to look into later -
https://www.ishares.com/us/products/239826/PFF?cid=ppc:ishares_us:google:fund-names&gad_source=1&gclsrc=ds

Yup. And is financial literacy even YET taught at all in schools? I see the logic of Tarwheel's comparison of pensions with annuities. But annuities come with hefty fees. Pensions are just simply provided each month, eh? I looked into a deferred charitable annuity, but the outfit I was in contact with was just making it too hard, offering info on some specifics which were incorrect. She was answering the wrong questions. So, I'll just do the charitable thing on my own. Lastly, am I among the super-lucky? My pension grows a bit each year; not matched to inflation, but to the former employer's portfolio performance. It's very well balanced with stocks, bonds, alternatives. Even in bad Market years, we get at least a minimal bump-up.

"But it seems idiotic to expect every Tom, Dick & Harry to possess the foresight and financial discipline to save for something that may well be 30+ years away and to have enough stashed at that point to make it last another 30 years if necessary. Maybe the guy’s a great construction worker, or reliable mechanic or metal worker or whatever. That doesn’t endow him with the financial know how or discipline to make the 401K viable."
+1

I don’t have the answer. But it seems idiotic to expect every Tom, Dick & Harry to possess the foresight and financial discipline to save for something that may well be 30+ years away and to have enough stashed at that point to make it last another 30 years if necessary. Maybe the guy’s a great construction worker, or reliable mechanic or metal worker or whatever. That doesn’t endow him with the financial know how or discipline to make the 401K viable. Many don’t save enough, raid the money when younger or in their first few years of retirement or make bad investment decisions. Now, if they did all of the preceding correctly, they still wouldn’t know when they would die and how to make their assets last precisely the right length of time. Albeit - buying an annuity would partially solve the latter issue,

Many people long for the era when defined benefit plans were more prevalent.
However, some estimates indicate that only ~50% of employees were eligible for pensions then.
Pensions are costly for businesses to fund and administer.
Moreover, a company could renege on its pension plan if it experiences significant financial distress.
If the pension plan was insured by the Pension Benefit Guaranty Corporation (PBGC),
participants would receive benefit payments subject to limits set by law.
But these benefit payments could be significantly less than those initially "promised" by the company.

“Larry Fink, the chairman and chief executive of BlackRock, one of the world’s largest asset-management companies, wrote that the United States was facing a retirement crisis due in no small part to self-directed retirement financing. Fink said that for most Americans, replacing defined-benefit plans with defined-contribution plans had been “a shift from financial certainty to financial uncertainty” and suggested that it was time to abandon the “you’re on your own”approach.”
I’m sure Mr. Fink and BlackRock have a solution to remedy that uncertainty.

Saturna Funds:
https://www.saturna.com/mutual-funds/distributions
Schwab Funds:
https://www.schwabassetmanagement.com/resource/schwab-funds-estimated-annual-distributions-2024
Seafarer Funds:
https://www.seafarerfunds.com/distributions/
SEI Funds:
https://www.seic.com/sites/default/files/2024-10/SEI-2024-Capital-Gains-Distribution-Estimates.pdf
Selected Funds:
https://selectedfunds.com/funds/distributions
Sequoia Fund:
https://www.sequoiafund.com/wp-content/uploads/2024/11/Sequoia-Fund-Distribution-Notice-2024-November-NEW.pdf
Shelton Funds:
https://sheltonfunds.com/wp-content/uploads/2024/11/Shelton-Capital-Management-Capital-Gains-Distribution-Estimates-2024.pdf
(index related)
https://sheltonfunds.com/wp-content/uploads/2024/11/Shelton-Capital-Management-Capital-Gains-Distribution-Estimates-2024_II.pdf
Six Circles Fund:
https://www.sixcirclesfunds.com/content/dam/jpm-wm-aem/6circlesfunds/documents/literature/tax-information/2024-capital-gain-and-income-distribution-estimates-v4.pdf
Sprott Fund:
https://www.sprott.com/media/xsxpizcj/sgef-distribution-per-share-estimate.pdf
State Street SPDR ETFs:
https://www.ssga.com/us/en/individual/resources/documents/etf-capital-gain-distributions
Sterling Capital Funds:
https://sterlingcapital.com/cdn/SC-Funds-Est.-Capital-Gains-2024.pdf
Sterling final:
https://sterlingcapital.com/cdn/SC-Funds-Capital-Gains-2024-Final.pdf
Steward Funds:
https://www.crossmarkglobal.com/wp-content/uploads/Steward-Estimated-Year-End-Capital-Gains-Distributions-2024-FINAL.pdf
Systematica Fund:
https://media.amg.com/content/dam/amgfunds/documents/Systematica YE Estimates as of 10-10-24.pdf
T Rowe Price Funds:
https://www.troweprice.com/financial-intermediary/us/en/investments/tax-center.html
or
https://www.troweprice.com/personal-investing/resources/planning/tax/dividend-distributions/mutual-funds/preliminary-year-end-distributions.html
TCW ETFs:
https://www.tcw.com/-/media/Downloads/com/Products/ETFs/Distribution-and-Tax-Information/TCW-ETFs-Distributions-estimates.pdf?rev=323cca1bfd344b9a90ccb3d01b7d25d9&hash=38514042A2BB6D9C98A414A1372D0A52
TCW Funds:
https://www.tcw.com/-/media/Downloads/com/Products/US-Funds/TCW-Funds/Distribution-and-Tax-Information/TCW-FUND-Distributions-estimates.pdf?rev=a4cb106beca14ad090c72432b84e5b04&hash=7D65AF14542B16B4BA7E01AA0FCB6549
TCW/MetWest Funds:
https://www.tcw.com/-/media/Downloads/com/Products/US-Funds/MetWest-Funds/Distribution-and-Tax-Information/MWFUNDsb-Estimates.pdf?rev=0f09aefff97443ff8b2e38b15a4fd4af&sc_lang=en&hash=2EB83B89E5503C170CB8A224E29A76FE
Third Avenue Funds:
https://www.thirdave.com/2024-income-capital-gain-distributions-est
Thornburg Funds:
https://www.thornburg.com/resources/dividends-capital-gains/capital-gain-estimates-2024/
Thrivent Funds:
https://www.thriventfunds.com/support/tax-resource-center/capital-gains.html
Timesquare Funds:
https://media.amg.com/content/dam/amgfunds/documents/TimeSquare_YE Estimates as of 10-10-24.pdf
Tocqueville Fund:
https://www.tocquevillefunds.com/sites/default/files/2024PrelimDistrib20241031.pdf
Touchstone Funds:
https://www.westernsouthern.com/-/media/files/touchstone/tax-planning/capital-gains.pdf
Transamerica Funds:
https://www.transamerica.com/sites/default/files/files/e070d/2024_capital_gain_distribution_estimates_as_of_09.30.24.pdf
Tweedy Browne Funds:
https://www.tweedyfunds.com/wp-content/uploads/sites/10/2024/09/2024-Estimated-Distributions-8-31-24.pdf
Van Eck Funds:
https://www.vaneck.com/us/en/vaneck-funds-yearend-estimated-distributions-2024.pdf
Vanguard Funds (December 10 estimates):
https://advisors.vanguard.com/content/dam/fas/pdfs/FYEEST.pdf
https://advisors.vanguard.com/tax-center/year-end-distributions
Veritas Asset Management:
https://media.amg.com/content/dam/amgfunds/documents/Veritas_YE Estimates as of 10-10-24.pdf
Victory Funds:
https://www.vcm.com/assets/resources-mutualfunddoc/Victory-Funds-2024-Estimated-Capital-Gains.pdf
Victory Portfolio III Funds:
https://www.vcm.com/assets/resources-mutualfunddoc/Victory-Portfolios-III-Mutual-Funds-2024-Estimated-Capital-Gains.pdf
Victory RS Funds:
https://www.vcm.com/assets/resources-mutualfunddoc/Victory-RS-and-VVI-Funds-2024-Estimated-Capital-Gains.pdf
Virtus Funds:
https://www.virtus.com/assets/files/812/virtus_mutual_funds_year_end_distribution_est_7065.pdf
Voya Funds:
https://individuals.voya.com/document/product/2024-estimated-capital-gains.pdf
Vulcan Value Partners:
https://vulcanvaluepartners.com/core/uploads/2024/10/2024-Distributions-Estimates-09.30.2024.pdf

'Tis that time of year again! Some preliminary estimates are now available. As in years past, please alphabetize your funds. To make it easier for readers post (new) next to your additions to differentiate it from your older existing posts. Be sure to check the entire page for other various posts with possible links. Thanks to everyone who contributes and posts their information! Please keep in the mind that it is early, and the estimates posted are tentative.
1919 Funds:
https://1919funds.com/pdfs/all/1919-Capital-Gains.pdf
AB Funds:
https://www.alliancebernstein.com/content/dam/alliancebernstein/us-retail/us-retail-pdfs/tax-center/FINAL_GEN-5796.pdf
abrdn Funds:
https://www.abrdn.com/docs?editionId=931def41-161f-48c8-8c9f-b09701494978
Aegis Value Fund:
https://www.aegisfunds.com/assets/pdfs/AVALX-Distribution-Estimate.pdf
Akre Focus Fund:
https://www.akrefund.com/historical-distributions/
Alger Funds:
https://www.alger.com/AlgerDocuments/Distrib_FUNDS.pdf
Alger ETFs:
https://www.alger.com/AlgerDocuments/Distrib_ETFs.pdf
Allspring Funds:
https://www.allspringglobal.com/globalassets/assets/public/pdf/product-alerts/20241015-productalert.pdf
American Beacon Funds:
https://www.americanbeaconfunds.com/downloads/resourcecenter/TaxAndDividend/American Beacon Fund Distributions Estimates 2024.pdf
American Beacon ETFs:
https://www.americanbeaconfunds.com/downloads/resourcecenter/TaxAndDividend/American Beacon ETF Distribution Estimates 2024.pdf
American Century Funds:
https://www.americancentury.com/plan/tax-center/estimated-distributions/
American Funds:
https://www.capitalgroup.com/individual/service-and-support/tax-center/2024-year-end-distributions.html
AMG Funds (updated; shows all AMG funds together rather than individually which are also listed below):
https://media.amg.com/content/dam/amgfunds/documents/AMG Estimated Capital Gains for December 2024 Distributions.pdf
Angel Oak Capital Funds:
https://angeloakcapital.com/2024-estimated-capital-gains/
AQR Funds:
https://funds.aqr.com/-/media/Files/Fund-Documents/2024-Estimated-Distribution-Memo.pdf?sc_lang=en&hash=8A43B5C9C164160A2801DFA759D6161B
Arbitrage Funds:
https://arbitragefunds.com/news
Ariel Funds:
https://www.arielinvestments.com/wp-content/uploads/2024/09/CapGains_Apprec_as-of-09.20.2024-estimate.pdf
https://www.arielinvestments.com/wp-content/uploads/2024/09/CapGains_ArielFund_as-of-09.20.2024-estimate.pdf
https://www.arielinvestments.com/wp-content/uploads/2024/09/CapGains_Focus_as-of-09.20.2024-estimate.pdf
https://www.arielinvestments.com/wp-content/uploads/2024/09/CapGains_International_as-of-09.20.2024-estimate.pdf
https://www.arielinvestments.com/wp-content/uploads/2024/09/CapGains_Global_as-of-09.20.2024-estimate.pdf
Aristotle Funds:
https://cdn.prod.website-files.com/642414d0e893bb9d9596f597/670878837f6d7402f3a257b2_Capital Gains Estimates_9.30.24.pdf
Artisan Partners Funds:
https://www.artisanpartners.com/individual-investors/resources/tax-center/distributions.html
Ava Marie Funds:
https://avemariafunds.com/fund-family/distributions.html
Avantis Funds:
https://www.avantisinvestors.com/avantis-estimated-distributions/
Baillie Gifford Funds:
https://www.bailliegifford.com/literature-library/funds/mutual-funds/estimated-capital-gain-distribution/
Baird Funds:
https://www.bairdassetmanagement.com/siteassets/pdfs/distributions/2024-estimated-capital-gains.pdf
Baron Funds:
https://www.baroncapitalgroup.com/tax-center?shareClass=Retail
BBH Funds:
https://www.bbhfunds.com/content/dam/bbh/external/bbhfunds/documents/fund-documents/2024/2024-BBH-Trust-Estimated-Yr-End-Distribution.pdf
Beutel Goodman Core Plus Bond Fund:
https://media.amg.com/content/dam/amgfunds/documents/Frontier_YE Estimates as of 10-10-24.pdf
Blackrock Funds:
https://www.blackrock.com/us/financial-professionals/literature/fact-sheet/blackrock-funds-distribution-estimates.pdf
BNY Mellon Funds:
https://www.bny.com/investments/us/en/individual/products/lt.html#year-end-distributions
Boston Common Global Impact Fund:
https://media.amg.com/content/dam/amgfunds/documents/Frontier_YE Estimates as of 10-10-24.pdf
Boston Partners Funds:
https://www.bostonpartners.com/uploads/2024/11/1137aa710e1db3680cf896547af7538b/boston-partners-funds-estimated-cap-gain-dist-oct-2024.pdf
Brandes Funds:
https://www.brandes.com/docs/librariesprovider6/default-library/publication/handout/brandes-mutual-funds-capital-gains-distribution-estimates-mutual-funds.pdf?sfvrsn=1329da10_39
Bridgeway Funds:
https://bridgewayfunds.com/wp-content/uploads/sites/2/2024/11/2024-Distribution-Estimates-for-Website.pdf?_gl=1*bsc1f7*_up*MQ..*_ga*MjA2MjEzMzc1MC4xNzMwNTc2OTEx*_ga_KTN790278L*MTczMDU3NjkxMC4xLjAuMTczMDU3NjkxMC4wLjAuMA..
updated:
https://bridgewayfunds.com/wp-content/uploads/sites/2/2024/12/2024-Distribution-for-Website.pdf
Brown Advisory Funds:
https://www.brownadvisory.com/sites/default/files/2024_Capital_Gain_Distribution.pdf
Brown Capital Management Funds (click distribution link on page):
https://www.browncapital.com/investmentstrategies/smallcompanyfundinv/
Bruce Fund: LTCG-$10.2163 & Ord Inc. $14.8248. No STCG.
Buffalo Funds:
https://buffalofunds.com/wp-content/uploads/Buffalo-Cap-Gains-Final-Estimates.xlsx

https://www.sec.gov/Archives/edgar/data/1537140/000158064224005603/rondure497.htm
497 1 rondure497.htm 497
Rondure New World Fund
Investor Class - RNWOX
Institutional Class - RNWIX
(a series of Northern Lights Fund Trust III)
Supplement dated September 18, 2024 to
the Prospectus and Statement of Additional Information dated August 31, 2024
The Board of Trustees of Northern Lights Fund Trust III (the “Board”) has concluded that it is in the best interests of the Rondure New World Fund (the “Fund”) and its shareholders that the Fund cease operations. The Board has determined to close the Fund and redeem all outstanding shares on or about October 18, 2024 (“Redemption Date”).
Effective immediately, the Fund will not accept any new investments, will no longer pursue its stated investment objective, and will begin liquidating its portfolio and investing in cash equivalents such as money market funds until all shares have been redeemed. Any required distributions of income and capital gains will be distributed as soon as practicable to shareholders and reinvested in additional shares, unless you have previously requested payment in cash.
Prior to or on the Redemption Date, you may redeem your shares, including reinvested distributions, in accordance with the “How to Redeem Shares” section in the Prospectus. Unless your investment in the Fund is through a tax-deferred retirement account, a redemption is subject to tax on any taxable gains. Please refer to the “Tax Status, Dividends and Distributions” section in the Prospectus for general information. You may wish to consult your tax advisor about your particular situation.
ANY SHAREHOLDERS WHO HAVE NOT REDEEMED THEIR SHARES OF THE FUND PRIOR TO THE REDEMPTION DATE WILL HAVE THEIR SHARES AUTOMATICALLY REDEEMED AS OF THAT DATE, AND PROCEEDS WILL BE SENT TO THE ADDRESS OF RECORD. If you have questions or need assistance, please contact your financial advisor directly or the Fund at 1-855-775-3337.
This Supplement, and the Prospectus and Statement of Additional Information dated August 31, 2024, provide relevant information for all shareholders and should be retained for future reference. Both the Prospectus and the Statement of Additional Information have been filed with the Securities and Exchange Commission, are incorporated by reference and can be obtained without charge by calling the Fund at 1-855-775-3337.

Launch a national cryptocoin (pander to rich crypto bros, [negatively] impact the financial system)
But, but ... you don't seem to understand. Impacting the financial system is not a negative, it's a positive to take down the anti-conservative banks.

Other speakers after Trump, including his eldest son, Don Jr., talked about embracing cryptocurrency as an alternative to what they allege is a banking system tilted against conservatives.

https://apnews.com/article/trump-crypto-digital-assets-a08456edc5947451f3f23b184ed9fb29
Trump has done so well with DJT (and Trump U, and the Trump steaks, and ...), why not launch another business? He's learned so much about crypto from great advisers:

Barron, ha[s] shown “great judgement” on the technology. “I think my children opened my eyes more than anything else,” he said. “Barron’s a young guy, but he knows it. He talks about his wallet, he’s got four wallets or something ... he knows this stuff inside and out.”

https://finance.yahoo.com/news/trump-launches-crypto-company-amid-115939262.html
I'll see his four wallets and raise him one ... or something.