# EDGAR Filing Document

**Accession Number:** 0001359057
**File Stem:** 0000894189-25-016636
**Filing Date:** 2025-12
**Character Count:** 2344
**Document Hash:** c3ba95671d0eb64728cce35f39be56fe
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-016636.hdr.sgml**: 20251208

**ACCESSION NUMBER**: 0000894189-25-016636

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20251208

**DATE AS OF CHANGE**: 20251208

**EFFECTIVENESS DATE**: 20251208

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Manager Directed Portfolios
- **CENTRAL INDEX KEY:** 0001359057

**ORGANIZATION NAME:**
- **EIN:** 571138125
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-133691
- **FILM NUMBER:** 251555975

**BUSINESS ADDRESS:**
- **STREET 1:** C/O U.S. BANCORP FUND SERVICES, LLC
- **STREET 2:** 615 E. MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 9522306140

**MAIL ADDRESS:**
- **STREET 1:** C/O U.S. BANCORP FUND SERVICES, LLC
- **STREET 2:** 615 E. MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Roxbury Funds
- **DATE OF NAME CHANGE:** 20060411

## Series and Classes Contracts Data

### Hood River Emerging Markets Fund (Series ID: S000097192)

---

|  |  |
|:---|:---|
| Class Name    | Class ID   |
| Retirement    | C000266368 |
| Investor      | C000266369 |
| Institutional | C000266370 |

---

## Series and Classes Contracts Data

### Hood River Emerging Markets Fund (Series ID: S000097192)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000266368 | Retirement    |  |
| C000266369 | Investor      |  |
| C000266370 | Institutional |  |

**Supplement dated December 8, 2025** 

**to the** 

**Summary Prospectus, Statutory Prospectus,** 

**and Statement of Additional Information ("SAI"), each dated November 24, 2025**

**for the Hood River Emerging Markets Fund (the "Fund"), a series of Manager Directed Portfolios**

Effective immediately, Mr. Rohan B. Kumar is no longer a Portfolio Manager of the Fund. Accordingly, all references to Mr. Kumar as a Portfolio Manager in the Fund's Summary Prospectus, Statutory Prospectus and SAI should be deleted in their entirety. Mr. Lance Cannon and Ms. Ruoshi Qi will continue to serve as Portfolio Managers of the Fund.

**\* \* \* \* \***

**Please retain this supplement for your reference.**

<br>