# EDGAR Filing Document

**Accession Number:** 0001567101
**File Stem:** 0001193125-25-226134
**Filing Date:** 2025-10
**Character Count:** 11258
**Document Hash:** b853bc4355765d9146739d8c1e82abd0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-226134.hdr.sgml**: 20251001

**ACCESSION NUMBER**: 0001193125-25-226134

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20251001

**DATE AS OF CHANGE**: 20251001

**EFFECTIVENESS DATE**: 20251001

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Bridge Builder Trust
- **CENTRAL INDEX KEY:** 0001567101

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-187194
- **FILM NUMBER:** 251362965

**BUSINESS ADDRESS:**
- **STREET 1:** P.O. BOX 1920
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80201
- **BUSINESS PHONE:** 414-287-3700

**MAIL ADDRESS:**
- **STREET 1:** P.O. BOX 1920
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80201

## Series and Classes Contracts Data

### Bridge Builder Core Bond Fund (Series ID: S000040853)

---

|  |  |  |
|:---|:---|:---|
| Class Name                    | Ticker Symbol | Class ID   |
| Bridge Builder Core Bond Fund | BBTBX         | C000126648 |

---

### Bridge Builder Large Cap Growth Fund (Series ID: S000048334)

---

|  |  |  |
|:---|:---|:---|
| Class Name                           | Ticker Symbol | Class ID   |
| Bridge Builder Large Cap Growth Fund | BBGLX         | C000152649 |

---

### Bridge Builder Municipal High-Income Bond Fund (Series ID: S000079794)

---

|  |  |  |
|:---|:---|:---|
| Class Name                                     | Ticker Symbol | Class ID   |
| Bridge Builder Municipal High-Income Bond Fund | BBMHX         | C000241161 |

---

## Series and Classes Contracts Data

### Bridge Builder Core Bond Fund (Series ID: S000040853)

| Class ID   | Class Name                    | Ticker Symbol   |
|:---|:---|:---|
| C000126648 | Bridge Builder Core Bond Fund | BBTBX           |

### Bridge Builder Large Cap Growth Fund (Series ID: S000048334)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000152649 | Bridge Builder Large Cap Growth Fund | BBGLX           |

### Bridge Builder Municipal High-Income Bond Fund (Series ID: S000079794)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000241161 | Bridge Builder Municipal High-Income Bond Fund | BBMHX           |

**BRIDGE BUILDER TRUST** 

**Bridge Builder Core Bond Fund (the "Core Bond Fund")** 

**Bridge Builder Municipal High-Income Bond Fund (the "Municipal High-Income Bond Fund")** 

**Bridge Builder Large Cap Growth Fund (the "Large Cap Growth Fund")** 

**Supplement dated October 1, 2025** 

**to the Prospectus dated October 28, 2024, as supplemented** 

**This supplement provides new and additional information beyond that contained in the** 

**Prospectus and should be read in conjunction with the Prospectus.** 

A. Lynne A. Royer no longer serves as portfolio manager of the portion of the assets of the Core Bond Fund
managed by Loomis, Sayles & Company, L.P. ("Loomis Sayles' Allocated Portion of the Core Bond Fund"). Bradley Stevens and Seth J. Timen continue to serve as portfolio managers of Loomis Sayles' Allocated Portion of
the Core Bond Fund.

Accordingly, all references and information related to Lynne A. Royer in the Prospectus are hereby deleted in their entirety.

B. Lee Chu has been added as a portfolio manager of the portion of the assets of the Municipal High-Income Bond
Fund managed by Capital International, Inc. ("Capital International's Allocated Portion of the Municipal High-Income Bond Fund"). Additionally, Courtney K. Wolf no longer serves as portfolio manager of Capital International's
Allocated Portion of the Municipal High-Income Bond Fund. Chad M. Rach and Jerome H. Solomon continue to serve as portfolio managers of Capital International's Allocated Portion of the Municipal High-Income Bond Fund.

Accordingly, the Prospectus is hereby supplemented and revised as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. *The table entitled "Capital International" in the sub-section entitled "Sub-advisers and Portfolio Managers" under the section entitled "Summary Section – Bridge Builder Municipal High-Income Bond Fund" is hereby replaced with the following:* 

**Capital International** 

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp; **Portfolio Managers** | **Position with Capital International** | **Length of Service to the Fund** |
| &nbsp;&nbsp;&nbsp; *Chad M. Rach* | Portfolio Manager | Since Inception |
| &nbsp;&nbsp;&nbsp; *Jerome H. Solomon* | Portfolio Manager | Since Inception |
| &nbsp;&nbsp;&nbsp; *Lee Chu* | Portfolio Manager | Since October 2025 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. *The sub-section entitled "Sub-advisers and Portfolio Managers – Municipal High-Income Bond Fund – Capital International – Portfolio Managers" under the section entitled "Management of the Funds" is hereby replaced with the following:* 

*<u>Portfolio Managers:</u>*

**Chad M. Rach** and **Jerome H. Solomon** have been portfolio managers of the Fund since its inception. **Lee Chu** has been a portfolio manager of the Fund since October 2025.

Mr. Rach is a portfolio manager at Capital International. He has 29 years of investment experience and has been with Capital Group for 20 years.

Mr. Solomon is a portfolio manager at Capital International. He has 33 years of investment experience and has been with Capital Group for 16 years.

------

Ms. Chu is a portfolio manager at Capital International. She has 16 years of investment experience, all with Capital Group.

C. Andrew Lacey no longer serves as portfolio manager of the portion of the assets of the Large Cap Growth Fund
managed by Lazard Asset Management LLC ("Lazard's Allocated Portion of the Large Cap Growth Fund"). Martin Flood, H. Ross Seiden, Louis Florentin-Lee and Janice Davies continue to serve as portfolio managers of Lazard's
Allocated Portion of the Large Cap Growth Fund.

Accordingly, all references and information related to Andrew Lacey in the Prospectus are hereby deleted in their entirety.

**PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE** 

------

**BRIDGE BUILDER TRUST** 

**Bridge Builder Core Bond Fund (the "Core Bond Fund")** 

**Bridge Builder Municipal High-Income Bond Fund (the "Municipal High-Income Bond Fund")** 

**Bridge Builder Large Cap Growth Fund (the "Large Cap Growth Fund")** 

**Supplement dated October 1, 2025** 

**to the Statement of Additional Information ("SAI") dated October 28, 2024, as supplemented** 

**This supplement provides new and additional information beyond that contained in the** 

**SAI and should be read in conjunction with the SAI.** 

A. Lynne A. Royer no longer serves as portfolio manager of the portion of the assets of the Core Bond Fund
managed by Loomis, Sayles & Company, L.P. ("Loomis Sayles' Allocated Portion of the Core Bond Fund"). Bradley Stevens and Seth J. Timen continue to serve as portfolio managers of Loomis Sayles' Allocated Portion of
the Core Bond Fund.

Accordingly, all references and information related to Lynne A. Royer in the SAI are hereby deleted in their entirety.

B. Lee Chu has been added as a portfolio manager of the portion of the assets of the Municipal High-Income Bond
Fund managed by Capital International, Inc. ("Capital International's Allocated Portion of the Municipal High-Income Bond Fund"). Additionally, Courtney K. Wolf no longer serves as a portfolio manager of Capital
International's Allocated Portion of the Municipal High-Income Bond Fund. Chad M. Rach and Jerome H. Solomon continue to serve as portfolio managers of Capital International's Allocated Portion of the Municipal High-Income Bond Fund.

Accordingly, the SAI is hereby supplemented and revised as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*1.* *The sub-section entitled "Other Accounts Managed by Portfolio Managers and Ownership of Fund Shares" under the section entitled "The Funds' Investment Teams – The Sub-advisers – Municipal High-Income Bond Fund – Capital International, Inc. ("Capital International")" is hereby replaced with the following:* 

*Other Accounts Managed by Portfolio Managers and Ownership of Fund Shares.* The table below identifies, for each portfolio manager of the Fund, the number of accounts managed (excluding the Fund) and the total assets in such accounts, within each of the following categories: registered investment companies, other pooled investment vehicles, and other accounts. To the extent that any of these accounts are subject to a performance-based advisory fee, this information is reflected in the table below. Information is shown as of June 30, 2025. Asset amounts are approximate and have been rounded.

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Registered Investment**<br> **Companies (excluding**<br> **the Fund)<sup>1</sup>** | **Registered Investment**<br> **Companies (excluding**<br> **the Fund)<sup>1</sup>** | **Other Pooled**<br> **Investment Vehicles** | **Other Pooled**<br> **Investment Vehicles** | **Other Accounts** | **Other Accounts** |
| &nbsp;&nbsp;&nbsp; **Portfolio**<br> **Manager(s)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Number** <br> **of**<br> **Accounts** | **Total**<br> **Assets in**<br> **the**<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Accounts**  | **Number**<br> **of**<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Accounts**  | **Total**<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Assets in** <br> **the**<br> **Accounts** | **Number**<br> **of**<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Accounts**  | **Total**<br> **Assets in**<br> **the**<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Accounts**  |
| &nbsp;&nbsp;&nbsp; **All Accounts** | &nbsp;&nbsp;&nbsp; **All Accounts** | &nbsp;&nbsp;&nbsp; **All Accounts** | &nbsp;&nbsp;&nbsp; **All Accounts** | &nbsp;&nbsp;&nbsp; **All Accounts** | &nbsp;&nbsp;&nbsp; **All Accounts** | &nbsp;&nbsp;&nbsp; **All Accounts** |
| &nbsp;&nbsp;&nbsp; Chad M. Rach | 2 | $18.411 billion | 0 | $0 | 0 | $0 |
| &nbsp;&nbsp;&nbsp; Jerome H. Solomon | 2 | $18.441 billion | 0 | $0 | 0 | $0 |
| &nbsp;&nbsp;&nbsp; Lee Chu | 4 | $39.009 billion | 0 | $0 | 0 | $0 |

---

<sup>1</sup> Assets noted represent the total net assets of registered investment companies and are not indicative of the total assets managed by the individual which will be a substantially lower amount. 

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As of June 30, 2025, the above-listed portfolio managers did not beneficially own any shares of the Fund.

C. Andrew Lacey no longer serves as portfolio manager of the portion of the assets of the Large Cap Growth Fund
managed by Lazard Asset Management LLC ("Lazard's Allocated Portion of the Large Cap Growth Fund"). Martin Flood, H. Ross Seiden, Louis Florentin-Lee and Janice Davies continue to serve as portfolio managers of Lazard's
Allocated Portion of the Large Cap Growth Fund.

Accordingly, all references and information related to Andrew Lacey in the SAI are hereby deleted in their entirety.

**PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE**