# EDGAR Filing Document

**Accession Number:** 0001045701
**File Stem:** 0001162044-26-000012
**Filing Date:** 2026-1
**Character Count:** 15836
**Document Hash:** f6e78f038dcbc2700bc78897c12a7cef
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001162044-26-000012.hdr.sgml**: 20260109

**ACCESSION NUMBER**: 0001162044-26-000012

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 4

**FILED AS OF DATE**: 20260109

**DATE AS OF CHANGE**: 20260109

**EFFECTIVENESS DATE**: 20260109

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Monteagle Funds
- **CENTRAL INDEX KEY:** 0001045701

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-41461
- **FILM NUMBER:** 26522746

**BUSINESS ADDRESS:**
- **STREET 1:** 2728 19TH PLACE SOUTH
- **STREET 2:** SUITE 160
- **CITY:** HOMEWOOD
- **STATE:** AL
- **ZIP:** 35209
- **BUSINESS PHONE:** 888-263-5593

**MAIL ADDRESS:**
- **STREET 1:** 2728 19TH PLACE SOUTH
- **STREET 2:** SUITE 160
- **CITY:** HOMEWOOD
- **STATE:** AL
- **ZIP:** 35209

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Memorial Funds
- **DATE OF NAME CHANGE:** 20060420

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Monteagle Funds
- **DATE OF NAME CHANGE:** 20060420

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MEMORIAL FUNDS
- **DATE OF NAME CHANGE:** 19971208

## Series and Classes Contracts Data

### Monteagle Opportunity Equity Fund (Series ID: S000065162)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000210931 | Investor Class      | HEQFX           |
| C000210932 | Institutional Class | HEQCX           |

![[monteagleoppequity497k002.gif]](monteagleoppequity497k002.gif)

![[monteagleoppequity497k004.gif]](monteagleoppequity497k004.gif)

**<u>FUND SUMMARY – MONTEAGLE OPPORTUNITY EQUITY FUND</u>**

**Investment Objective**

The Fund's investment objective is to seek growth of capital.

**Fees and Expenses of the Fund**

This table describes the fees and expenses you may pay if you buy and hold shares of the Fund.

---

| | | |
|:---|:---|:---|
|  | **Investor Class** | **Institutional Class** |
| **Shareholder Fees**<br> *(fees paid directly from your investment)* |  |  |
| Maximum Sales Charge (Load) Imposed on Purchases | None | None |
| Maximum Deferred Sales Charge (Load) | None | None |
| Redemption Fee | None | None |

---

---

| | | |
|:---|:---|:---|
|  | **Investor Class** | **Institutional Class** |
| **Annual Fund Operating Expenses**<br> **(expenses that you pay each year as a percentage of the value of your investment)** |  |  |
| <br>Management Fees | 0.25% | 0.25 |
| Distribution and Service (Rule 12b-1) Fees |  |  |
| Other Expenses | 0.26% | 0.26% |
| Operating Services Fee <sup>1</sup> | 1.30% | 0.80% |
| Total of all Other Expenses | 1.56% | 1.06% |
| Total Annual Fund Operating Expenses | 1.81% | 1.31% |

---

<sup>1</sup>

The Investor Class shareholders will pay to the Adviser an Operating Services Fee at an annual rate of 1.30% of the Fund's average daily net assets up to $25 million, 1.00% of such assets from $25 million up to $50 million, 0.95% of such assets from $50 million up to $100 million, and 0.90% of such assets over $100 million. The Institutional Class shareholders will pay to the Adviser an Operating Services Fee at an annual rate of 0.80% of the Fund's average daily net assets up to $25 million, 0.50% of such assets from $25 million up to $50 million, 0.45% of such assets from $50 million up to $100 million, and 0.40% of such assets over $100 million.

**Example**

This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The example also assumes that your investment has a 5% return each year, and that the Fund's operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **1 Year** | **3 Years** | **5 Years** | **10 Years** |
| Investor Class | $184 | $569 | $980 | $2127 |
| Institutional Class | $1334 | $415 | $718 | $1579 |

---

**Portfolio Turnover**

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 69% of the average value of its portfolio.

**Principal Investment Strategies**

The Fund seeks to achieve its objective by investing substantially all its assets in securities listed on a national securities exchange.

To meet its investment objective, the Fund will employ an investment strategy that emphasizes long-term capital appreciation and safety of principal. Under normal circumstances, the Fund invests more than 90% of its total assets in common stocks of companies identified by the Fund's investment sub-adviser, G.W. Henssler & Associates, LTD (the "Sub-adviser"), based on the characteristics below. the Fund may invest in companies of any size, and the Fund typically holds its common stock investments until the fundamentals of the issuer change or other opportunities present themselves. In addition, the Fund may invest up to 20% of its total assets in common stocks of foreign issuers that are traded in the United States and in American Depositary Receipts of foreign companies. When selecting common stocks for the Fund, the Sub-adviser seeks companies that exhibit the following characteristics:

&nbsp;&nbsp;&nbsp;&nbsp;· undervalued assets;

&nbsp;&nbsp;&nbsp;&nbsp;· strong balance sheet characteristics and financial foundations;

&nbsp;&nbsp;&nbsp;&nbsp;· high earnings expectations; and

&nbsp;&nbsp;&nbsp;&nbsp;· quality management and potential for future growth.

Factors deemed important by the Sub-adviser in selecting securities of such companies include, but are not limited to:

&nbsp;&nbsp;&nbsp;&nbsp;· price;

&nbsp;&nbsp;&nbsp;&nbsp;· price history; and

&nbsp;&nbsp;&nbsp;&nbsp;· price-to-earnings ratio.

The Fund believes that its focus on the fundamentals of the businesses it invests in results in the purchase of above-average, high-quality securities with strong growth potential.

**Principal Investment Risks**

Investors in the Fund may lose money. An investment in the Fund is not a deposit of the bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The success of the Fund cannot be guaranteed. There are risks associated with investments in the types of securities in which the Fund invests. These risks include:

***Market Risk.*** The value of stocks selected for the Fund's portfolio, or the overall stock market may decline over short or extended periods.

***Business and Economic Risk*.** Often, a particular industry, or certain companies within that industry, may be affected by circumstances that have little to no impact on other industries, or other companies within that industry.

***Management Style Risk*.** The ability of the Fund to meet its investment objective is directly related to the Adviser's selection of investments for the Fund, particularly in volatile stock markets.

***Value Style Investing Risk*.** A value stock may not increase in price as anticipated by the Adviser if other investors fail to recognize the company's value and bid up the price, the markets favor faster-growing companies, or the factors that the Adviser believes will increase the price of the security do not occur. Companies that may be considered out of favor, particularly companies emerging from bankruptcy, may tend to lose value more quickly in periods of anticipated economic downturns, may have difficulty retaining customers and suppliers and, during economic downturns, may have difficulty paying their debt obligations or finding additional financing.

***Political Risk*.** The regulation or deregulation of particular industries may materially impact the value of companies within the affected industry.

***Investments in Small- and Mid-Sized Companies Risk*.** Although the Fund invests in companies of all sizes, there may be times when the Fund is substantially invested in small- and mid-sized companies. Stocks of smaller and mid-sized companies may have more risks than larger companies. In general, they have less experienced management teams, serve smaller markets, and find it more difficult to obtain financing for growth or potential development than larger companies. Due to these and other factors, small- and mid-sized companies may be more susceptible to market downturns, and their stock prices may be more volatile.

***Foreign Securities Risk*.** Investing in foreign securities involves risks that political and economic events unique to a foreign country or region will affect those markets and their issuers. These events will not necessarily affect the U.S. economy or similar issuers located in the United States. In addition, investments in foreign countries are generally denominated in a foreign currency. As a result, changes in the value of those currencies compared to the U.S. dollar may affect (positively or negatively) the value of the Fund's investments. These currency movements may happen separately from and in response to events that do not otherwise affect the value of the security in the issuer's home country.

***Shareholder Concentration Risk.*** When a small number of shareholders account for a disproportionate share of the Fund's assets, the Fund could be vulnerable to a very large redemption request from a significant shareholder who wants to redeem. Such redemption may increase the expense ratio of the Fund. The decision-making process may also be controlled by a limited number of shareholders which may be biased in favor of said small group.

**Performance**

The bar chart and performance table that follow provide some indication of the risks and variability of investing in the Fund by showing changes in the Fund's performance from year to year and by showing how the Fund's average annual total returns compare with those of a broad measure of market performance. The Fund's past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. Updated performance information will be available at no cost by calling (888) 263-5593 and on the Fund's website at www.monteaglefunds.com.

**Calendar Year Returns as of December 31, 2024**

![[monteagleoppequity497k006.gif]](monteagleoppequity497k006.gif)

The Fund's Investor Class year-to-date total return as of September 30, 2025, was 8.09%. Returns of the Investor Class shares are presented because the Institutional Class shares were not offered during all of the periods shown. The annual returns would differ only to the extent that the Institutional Class and Investor Class shares do not have the same expenses.

**Best and Worst Quarter Returns**

*(for the periods reflected in the bar chart above)*

---

| | | |
|:---|:---|:---|
|  | **Return** | **Quarter/Year** |
| Highest Return | 20.34% | June 30, 2020 |
| Lowest Return | -25.57% | March 31, 2021 |

---

**Average Annual Total Returns**

**For the periods ended December 31, 2024:**

---

| | | | |
|:---|:---|:---|:---|
| **Investor Class** | **1 Year** | **5 Years** | **10 Years** |
| Return Before Taxes | 7.73% | 9.30% | 7.70% |
| Return After Taxes on Distributions | 6.55% | 6.00% | 4.11% |
| Return After Taxes on Distributions and Sale of Fund Shares | 5.40% | 6.78% | 5.16% |
| S&P 500 (reflects no deduction for fees, expenses, or taxes) | 24.79% | 14.51% | 13.09% |

---

---

| | | | |
|:---|:---|:---|:---|
| **Institutional Class** | **1 Year** | **5 Years** | **10 Years** |
| Return Before Taxes | 8.15% | 9.80% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.20% |
| S&P 500 (reflects no deduction for fees, expenses, or taxes) | 24.79% | 14.51% | 13.09% |

---

\*The Predecessor Fund's Institutional Class shares commenced investment operations on June 15, 2011.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown. In addition, after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts ("IRAs").

**Investment Adviser and Sub-Adviser**

Park Place Capital Corporation d/b/a Park Place Capital is the investment adviser to the Fund. G.W. Henssler & Associates, Ltd. is the investment Sub-adviser to the Fund.

**Portfolio Managers** 

&nbsp;&nbsp;&nbsp;&nbsp;· William G. Lako, Jr., CFP<sup>®</sup>, Principal and Managing Director of the Sub-adviser, has managed the Fund since January 2019.

&nbsp;&nbsp;&nbsp;&nbsp;· Jacob Keen, CFA – Director of Investments of the Sub-adviser, has managed the Fund since September 2024.

&nbsp;&nbsp;&nbsp;&nbsp;· Nick Antonucci CVA, CEPA – Director of Research of the Sub-adviser, has managed the Fund since September 2024.

**Purchase and Sale of Fund Shares**

Generally, you may purchase or redeem Fund shares on any business day by mail (Monteagle Funds, 8000 Town Centre Drive, Suite 400, Broadview Heights, Ohio 44147) or by wire transfer. Investors who wish to purchase, exchange or redeem Investor Class shares through a financial intermediary should contact the financial intermediary directly. The minimum initial and subsequent investment amounts are shown below. the Fund may change the investment minimums at any time. To open an Individual Retirement Account (IRA), contact the Transfer Agent at (888) 263-5593.

---

| | | |
|:---|:---|:---|
| **Investor Class** | **Investor Class** | **Investor Class** |
| **Type of Account** | **To Open Your Account** | **To Add to Your Account** |
| Regular Accounts | $2000 | $200 |
| Traditional IRAs | $1000 | $100 |
| Roth IRAs | $1000 | $100 |
| Coverdell ESAs | $500 | $100 |
| Automatic Investment Plan | $100 | $100 |

---

---

| | | |
|:---|:---|:---|
| **Institutional Class** | **Institutional Class** | **Institutional Class** |
| **Type of Account** | **To Open Your Account** | **To Add to Your Account** |
| Regular Accounts | $1000000 |  |
| Traditional IRAs | $1000000 |  |
| Roth IRAs | $1000000 |  |
| Coverdell ESAs | $1000000 |  |
| Automatic Investment Plan | $1000000 |  |

---

**Tax Information**

The Fund's distributions are taxed as ordinary income or capital gains, unless you are investing through a tax-deferred arrangement, such as a 401(k) plan or an individual retirement account. Distributions on investments made through tax deferred vehicles, such as 401(k) plans or IRAs, may be taxed later upon withdrawal of assets from those accounts.

**Financial Intermediary Compensation**

***Payments to Broker-Dealers and Other Financial Intermediaries.*** If you purchase the Fund through a broker-dealer or other financial intermediary (such as a bank), the Fund and its related companies may pay the intermediary for the sale of Fund shares and related services. These payments may create a conflict of interest by influencing the broker-dealer or other intermediary and your salesperson to recommend the Fund over another investment. Ask your salesperson or visit your financial intermediary's Web site for more information.

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