# EDGAR Filing Document

**Accession Number:** 0001511699
**File Stem:** 0000894189-26-003633
**Filing Date:** 2026-2
**Character Count:** 3116
**Document Hash:** 02afedb874ab9672ad555affcc1b2b46
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-003633.hdr.sgml**: 20260212

**ACCESSION NUMBER**: 0000894189-26-003633

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260212

**DATE AS OF CHANGE**: 20260212

**EFFECTIVENESS DATE**: 20260212

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Managed Portfolio Series
- **CENTRAL INDEX KEY:** 0001511699

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-172080
- **FILM NUMBER:** 26627316

**BUSINESS ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-287-3700

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

## Series and Classes Contracts Data

### Nuance Concentrated Value Fund (Series ID: S000031968)

---

|  |  |  |
|:---|:---|:---|
| Class Name                 | Ticker Symbol | Class ID   |
| Institutional Class Shares | NCVLX         | C000099506 |
| Investor Class             | NCAVX         | C000115524 |

---

### Nuance Mid Cap Value Fund (Series ID: S000043170)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| Institutional Class | NMVLX         | C000133589 |
| Investor Class      | NMAVX         | C000133590 |
| Z Class Shares      | NMVZX         | C000186164 |

---

## Series and Classes Contracts Data

### Nuance Concentrated Value Fund (Series ID: S000031968)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000099506 | Institutional Class Shares | NCVLX           |
| C000115524 | Investor Class             | NCAVX           |

### Nuance Mid Cap Value Fund (Series ID: S000043170)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000133589 | Institutional Class | NMVLX           |
| C000133590 | Investor Class      | NMAVX           |
| C000186164 | Z Class Shares      | NMVZX           |

Filed Pursuant to Rule 497(e)

Registration Nos. 333-172080; 811-22525

**Nuance Concentrated Value Fund**

**Nuance Mid Cap Value Fund** 

(the "Funds")

**Supplement dated February 12, 2026, to the** 

**Statement of Additional Information ("SAI")** 

**dated September 28, 2025, as supplemented**

The Board of Trustees of Managed Portfolio Series (the "Trust"), on behalf of the Funds, regrets to inform Fund shareholders that Leonard Rush, Chairman of the Board and Audit Committee Chairman of the Trust, has passed away.

Mr. Rush brought a unique perspective to the Board because of the various roles he held in the investment community, including his substantial industry experience serving in several different senior executive roles at various global financial services firms. The Trust will miss his extensive leadership skills and the clear guidance he brought to the Trust's Board.

Accordingly, all references to Mr. Rush are removed from the SAI.

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

**Please retain this Supplement with your SAI.**

<br>