# EDGAR Filing Document

**Accession Number:** 0001970751
**File Stem:** 0000894189-25-015348
**Filing Date:** 2025-11
**Character Count:** 3033
**Document Hash:** 383a360850efe121b03876db51721bf7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-015348.hdr.sgml**: 20251125

**ACCESSION NUMBER**: 0000894189-25-015348

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20251125

**DATE AS OF CHANGE**: 20251125

**EFFECTIVENESS DATE**: 20251125

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Advisor Managed Portfolios
- **CENTRAL INDEX KEY:** 0001970751

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-270997
- **FILM NUMBER:** 251522303

**BUSINESS ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** (626) 914-7385

**MAIL ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

## Series and Classes Contracts Data

### CornerCap Fundametrics Large-Cap ETF (Series ID: S000082979)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000246426 | CornerCap Fundametrics Large-Cap ETF | FUNL            |

**Advisor Managed Portfolios**

![cornercap_logox2022.jpg](cornercap_logox2022.jpg)

**Supplement dated November 25, 2025**

**to the Summary Prospectus**

**dated July 31, 2025 for the**

**CornerCap Fundametrics**<sup>®</sup> **Large-Cap ETF**

We wish to inform you that at the recommendation of CornerCap Investment Counsel, Inc. (the "Advisor"), the investment advisor of the CornerCap Fundametrics<sup>®</sup> Large-Cap ETF (the "Target Fund"), the Board of Trustees of Advisor Managed Portfolios (the "Trust") has approved an Agreement and Plan of Reorganization whereby the Target Fund would reorganize out of the Trust and into iShares Large Cap Value Active ETF II, a series of BlackRock ETF Trust that was newly created specifically for such reorganization (the "Acquiring Fund") (the "Reorganization"). The Reorganization is intended to be tax-free for U.S. federal income tax purposes.

The Target Fund and the Acquiring Fund will have similar principal investment strategies and principal investment risks but different investment objectives.The Reorganization will result in the Acquiring Fund being under the supervision of a different Board of Trustees and receiving key services from different service providers. BlackRock Fund Advisors will serve as the investment adviser to the Acquiring Fund.

In the coming weeks, shareholders of record of the Target Fund will receive a proxy statement soliciting their vote with respect to the proposed Reorganization. If approved, the Reorganization is anticipated to take effect on or about February 27, 2026, or such other date as the parties may agree. When you receive your proxy statement, please review it and cast your vote as instructed in the materials so the Trust may avoid any future solicitations.

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

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

<br>