# EDGAR Filing Document

**Accession Number:** 0001437249
**File Stem:** 0001580642-26-002896
**Filing Date:** 2026-5
**Character Count:** 2596
**Document Hash:** 6a51d8c2d0790a81571b839088cd804a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001580642-26-002896.hdr.sgml**: 20260504

**ACCESSION NUMBER**: 0001580642-26-002896

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 14

**FILED AS OF DATE**: 20260504

**DATE AS OF CHANGE**: 20260504

**EFFECTIVENESS DATE**: 20260504

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VALUED ADVISERS TRUST
- **CENTRAL INDEX KEY:** 0001437249

**ORGANIZATION NAME:**
- **EIN:** 262762915

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-151672
- **FILM NUMBER:** 26937166

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DR.
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 513-587-3400

**MAIL ADDRESS:**
- **STREET 1:** 225 PICTORIA DR.
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246

## Series and Classes Contracts Data

### LS Opportunity Fund (Series ID: S000029069)

---

|  |  |  |
|:---|:---|:---|
| Class Name                                | Ticker Symbol | Class ID   |
| LS Opportunity Fund - Institutional Class | LSOFX         | C000089323 |

---

## Series and Classes Contracts Data

### LS Opportunity Fund (Series ID: S000029069)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000089323 | LS Opportunity Fund - Institutional Class | LSOFX           |

?xml version='1.0' encoding='ASCII'?

**VALUED ADVISERS TRUST**

**LS Opportunity Fund**

Supplement dated May 4, 2026 to the

Summary Prospectus and Prospectus

dated October 1, 2025

*(as supplemented from time to time)*

**<u>Important Notice Regarding Revised Investment Objective</u>**

The Board of Trustees of Valued Advisers Trust approved various changes to the investment objective of the LS Opportunity Fund (the "Fund"). Effective July 3, 2026 the Fund's Investment Objective will be as follows:

**Investment Objective**

LS Opportunity Fund (the "Fund") seeks to generate long-term capital appreciation over a full market cycle by investing in both long and short positions within a portfolio consisting of primarily publicly-traded common stock, with generally less net exposure than that of the stock market.

**PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE**

\* \* \* \* \*

This Supplement, the Prospectus and the Statement of Additional Information provide the information a prospective investor should know about the Fund and should be retained for future reference. You may obtain the Prospectus or SAI without charge by calling the Fund at (877) 336-6763.