# EDGAR Filing Document

**Accession Number:** 0001970751
**File Stem:** 0000894189-26-003529
**Filing Date:** 2026-2
**Character Count:** 2778
**Document Hash:** e53deed249751f15a8171fa97a1487a0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-003529.hdr.sgml**: 20260210

**ACCESSION NUMBER**: 0000894189-26-003529

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260210

**DATE AS OF CHANGE**: 20260210

**EFFECTIVENESS DATE**: 20260210

**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:** 26614980

**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

### Miller Income Fund (Series ID: S000082977)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000246420 | Class IS     | LMCMX           |
| C000246421 | Class I      | LMCLX           |
| C000246422 | Class A      | LMCJX           |
| C000246423 | Class C      | LCMNX           |
| C000246424 | Class FI     | LMCKX           |

Filed Pursuant to Rule 497(k)

Registration No. 333-270997; 811-23859

**Miller Income Fund**

---

| | |
|:---|:---|
| **Class A** | **LMCJX** |
| **Class C** | **LCMNX** |
| **Class FI** | **LMCKX** |
| **Class I** | **LMCLX** |
| **Class IS** | **LMCMX** |

---

(the "Fund")

**A series of Advisor Managed Portfolios (the "Trust")**

**Supplement dated February 10, 2026 to the**

**Summary Prospectus dated February 2, 2026**

*<u>Conversion of Retail Class FI into Class A</u>*

Based on a recommendation of Miller Value Partners (the "Advisor"), the Board of Trustees of Advisor Managed Portfolios (the "Board") approved converting the Class FI shares into Class A shares and then closing the Class FI shares of the Fund.

After the close of business on February 27, 2026, the Fund will convert Class FI shares into Class A shares. Prior to the conversion, shareholders of Class FI shares may redeem their investments as described in the Fund's Prospectus.

If shares are not redeemed prior to the conversion, each shareholder owning Class FI shares of the Fund will own Class A shares of the Fund equal to the aggregate value of the shareholder's Class FI shares.

The conversion will not be considered a taxable event for federal income tax purposes. Please see the Prospectus for more information about the fees and expenses associated with Class A shares.

**Please retain this supplement with your Summary Prospectus for future reference.**

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