https://www.sec.gov/Archives/edgar/data/897111/000089843225000694/form497.htm
497 1 form497.htm FORM 497
CARILLON SERIES TRUST
Carillon Chartwell Small Cap Fund
SUPPLEMENT DATED AUGUST 28, 2025 TO THE
PROSPECTUS AND SUMMARY PROSPECTUS
DATED MAY 1, 2025,
AS PREVIOUSLY AMENDED OR SUPPLEMENTED
At meetings held on August 14-15, 2025, the Board of Trustees of Carillon Series Trust, on behalf of its series, Carillon Chartwell Small Cap Fund (the “Fund”), voted to terminate in accordance with its terms the Plan of Reorganization and Termination pursuant to which (as previously announced) the Fund would be reorganized into the Carillon Chartwell Small Cap Growth Fund (the “Reorganization”). Accordingly, the Reorganization will not occur as previously disclosed and the Fund will remain open for shareholder transactions.
Accordingly, effective immediately, the Fund’s Prospectus is amended as follows:
The “Important Notice” in the “Additional Information About the Funds” section on page 107 of Prospectus is deleted in its entirety.
* * * * *
INVESTORS SHOULD RETAIN THIS SUPPLEMENT WITH
THE PROSPECTUS AND SUMMARY PROSPECTUS FOR FUTURE REFERENCE

am interested if anyone knows a tracker specifically for retirement flows in\out of S&P500 index vehicles.

"What’s also worth mentioning is that INTC’s total number of shares outstanding will increase by roughly 12% due to the government’s equity stake, which means significant dilution for existing shareholders."

Bold added.
https://finance.yahoo.com/news/government-taking-10-stake-intel-181542633.html

Fund Allocations (Cumulative), 7/31/25
Some shift out of stock funds. The changes for OEFs + ETFs were based on a total AUM of about $41.20 trillion in the previous month, so +/- 1% change was about +/- $412.0 billion. Also note that these changes were from both fund inflows/outflows & price changes. #ICI #Funds #OEFs #ETFs
OEFs & ETFs: Stocks 61.23%, Hybrids 4.14%, Bonds 17.51%, M-Mkt 17.12%
(Recent Stock % peaks were in 10/2024 & 11/2024)
https://ybbpersonalfinance.proboards.com/post/2183/thread

@bee. That really gives credibility to the Boglehead school of investment management. They often brag about checking their investments annually. I guess they spend most of their time keeping their 500,000 mile Toyota Camry on the road.

@gman57. You nailed it. The Zen of investing is just do nothing. True enough it’s also a hobby. Unfortunately for me my lifelong hobby of sailing (and being owned by an aging boat) recently ended and hiking the sierras is also aging out.

Sentiment (AAII) & Market Indicators, 8/27/25
Top: Bearish (39.4%, above average)
Bottom: Neutral (28.0%, below average)
Middle: Bullish (34.6%, below average)
AAII Bull-Bear Spread -4.8% (below average)
NYSE %Above 50-dMA 71.71% (overbought)
SP500 %Above 50-dMA 66.80% (positive)
INVESTOR CONCERNS: TARIFFs, budget, jobs, inflation, recession, Fed, debt, dollar, geopolitical, Russia-Ukraine (183+ weeks), Israel-Hamas (67+22 weeks).
For the Survey week (Th-Wed), stocks up, bonds up, oil up, gold up, dollar flat.
No real progress in negotiations to end Russia-Ukraine war. A new drama at the Fed on the attempted firing of a Fed Governor - to be litigated.
Sentiments are CONTRARIAN indicators.
#AAII #Sentiment #Markets
https://ybbpersonalfinance.proboards.com/post/2181/thread

That's what I have done YTD, and it's only based on the markets, never based on silly politics and TDS on so many threads.
I was out for several weeks during the meltdown and was back in mid-April and still invested at 99+%.
I'm always dancing near the exit.
=========
Where should you invest?
Stocks: International was much stronger early in the year, but US stocks have done better since April. Easy choice = invest globally. So, for 15 years (2010-2024) US ruled, and finally, diversification worked.
Bonds: most categories have done well = many choices.

Just adding on some RSI data to the post by @Observant1
Overbought vs. Oversold Sectors
RSI explained

https://www.cnbc.com/2025/08/27/cracker-barrel-cbrl-stock-logo-trump.html

Shares of Cracker Barrel Old Country Store rose more than 8% on Wednesday after the restaurant said it would discard its new logo amid widespread backlash.
The switch occurred just hours after President Donald Trump weighed in on the rebranding.
Cracker Barrel shares are close to restoring their original losses from when the new logo was first announced last week.
"Social media users were quick to blast the new logo, calling it “generic,” “soulless” and “bland.” Conservatives in particular accused the restaurant chain of going “woke,” by doing away with the classic American branding.
A YouGov poll of 1,000 adults over the weekend found that 65% of Americans were aware of the new logo and 76% preferred the old one.
The company addressed the backlash in a statement Monday, saying it has “shown us that we could’ve done a better job sharing who we are and who we’ll always be.”

Looks good to me. The clients didn't like the new logo. The stock price went down. The old logo stayed; the price went up. Trump just said the obvious.
As usual, I already got 727 similar notes:Trump is a dictator, and it's the end of democracy.

A scorecard for M* US equity sector indexes lists calendar-year returns starting in 2015.
Not suprisingly, technology has been a frequent winner.
The energy sector underperformed all other sectors from 2017-2020
but gained the most in 2016, 2021, and 2022.
Industrials, consumer defensives, and financials were neither at the top
nor at the bottom of the performance charts during this period.
Healthcare has really struggled due to policy concerns and other issues.
https://www.morningstar.com/stocks/6-key-takeaways-examining-10-years-stock-performance-by-sector

I just sold DHLGY to raise more cash (they only pay divs annually!) but I would buy it back sooner rather than later b/c it fits into my thesis that FDX/UPS are more US-centric carriers, while DHL is mainly Europe and elsewhere. I think US carriers/companies/services/technologies are going to be given real hard looks by overseas customers/users going forward ...so most of my investing in 2025 has been overseas.

And has the UK been mentioned already?

Wow, there is a whole bunch I'd apparently overlooked!

France’s La Poste on Monday joined other operators, including Germany’s Deutsche Post, Spain’s Correos, Poste Italiane and the Belgian, Swedish and Danish postal services, which all halted a majority of US-bound shipments over the weekend.
Austria’s Österreichische Post and the UK’s Royal Mail said they would stop accepting packages on Tuesday, to allow enough time for packages posted before then to arrive in the US before the tariffs, scheduled to come into force at the end of August, kick in.

PostEurop, an association of 51 European public postal operators, said that if no practical solutions could be found before 29 August, it was likely that all its members would suspend the bulk of parcel shipments to the US.

I've already bought UPS. What are the chances that DHLGY - being a European operator - would drop out as well? Any thoughts on buying FDX?

@sma3….. I really hope you are right and I am wrong. I think # 5 is happening this week and will accelerate each week going forward. What do you call it when orange guy makes every decision and the supremes green light every one of them with no regard for the rule of law or the constitution? I call it an authoritarian dictatorship.

FOMC is a public-private entity.
Public part is the Federal Reserve Board (FRB) with 7 Governors that include 1 Chair & 2VCs. All are nominated by the President & confirmed by the Senate.
Private part is 12 Federal Reserve Banks with government charters of supervising banks in their regions, participation in FOMC meetings (only 5 of 12 can vote, but all participate in discussions). NY Fed has a permanent vote & also the position of FOMC VC (not the same as Fed VCs), so 4 remaining votes rotate among the rest 11 Fed Banks. These Fed Banks have their own Boards that decide on their Fed Bank Presidents. Nominally, they are also approved/endorsed by the Federal Reserve Board (FRB).
The linked WSJ article via MSN notes that this proforma approval of Fed Bank Presidents by FRB may be used to exert more control on the makeup of 12 Fed Banks. That may disrupt the private part quickly.

Top ten holdings are reported monthly on the website. The most recent ones reported are as of July 31. Though TRP massages its data in producing that list. So it might not be what you're expecting.
This "Top Ten" (for June 30th) excludes MMFs and bonds shown in the "All Holdings" section on the same webpage): #1 TRP Government Reserve, #3 T-Notes due 2/28/30, #5 T-Notes due 5/31/20, #7 T-Notes due 4/30/30, #10 T-Notes due 3/31/30.
One might infer that a fair amount of cash was put to use in July. As of June 30th, 8.66% of PRWCX was in a MMF. I'm assuming that TRP counts this as cash. The fund page reports only 3.19% in cash as of July 31st.
As to getting more frequent and more timely holdings reports:

NPORT-P: ... Effective November 17, 2025, the filing frequency will change for large entities from quarterly to monthly. Form N-PORT will be due no later than 30 days after the end of each month.

https://www.dfinsolutions.com/sites/default/files/documents/2024-11/2025_investment_companies_regulatory_calendar.pdf
Not exactly a user friendly form, but the data will be available more frequently and more quickly (30 day instead of 60 day lag) starting this fall. With luck, either the fund companies, M*, or both, will provide analysis of the raw data (e.g. top ten holdings, asset allocation).

@larryB
I do not consider your #5 as an ending. It would just mean that the US has truly become an authoritarian dictatorship.
The BIG MONEY you refer to is Heritage Foundation, Vought and Christian Nationalists who truly believe this insane stuff, want to defund the NIH, deport all 11 million immigrants and 55 million visa holders etc.
As far as #2, we will see how much Wall Street really likes elimination of Fed Independence. Watch the 10 year yield.

Australia Post joins the US non-shippers club.

And has the UK been mentioned already?

Australia Post joins the US non-shippers club.