# EDGAR Filing Document

**Accession Number:** 0001683471
**File Stem:** 0000894189-25-005521
**Filing Date:** 2025-8
**Character Count:** 4688
**Document Hash:** 7fb7ac994f9e41ae5c02bdf4ee1f45b9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-005521.hdr.sgml**: 20250811

**ACCESSION NUMBER**: 0000894189-25-005521

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250811

**DATE AS OF CHANGE**: 20250811

**EFFECTIVENESS DATE**: 20250811

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Listed Funds Trust
- **CENTRAL INDEX KEY:** 0001683471

**ORGANIZATION NAME:**
- **EIN:** 826272597
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-215588
- **FILM NUMBER:** 251201709

**BUSINESS ADDRESS:**
- **STREET 1:** 615 E. MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-765-5144

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Active Weighting Funds ETF Trust
- **DATE OF NAME CHANGE:** 20160830

## Series and Classes Contracts Data

### Preferred-Plus ETF (Series ID: S000075509)

---

|  |  |  |
|:---|:---|:---|
| Class Name         | Ticker Symbol | Class ID   |
| Preferred-Plus ETF | IPPP          | C000234657 |

---

### Dividend Performers ETF (Series ID: S000075510)

---

|  |  |  |
|:---|:---|:---|
| Class Name              | Ticker Symbol | Class ID   |
| Dividend Performers ETF | IPDP          | C000234658 |

---

## Series and Classes Contracts Data

### Preferred-Plus ETF (Series ID: S000075509)

| Class ID   | Class Name         | Ticker Symbol   |
|:---|:---|:---|
| C000234657 | Preferred-Plus ETF | IPPP            |

### Dividend Performers ETF (Series ID: S000075510)

| Class ID   | Class Name              | Ticker Symbol   |
|:---|:---|:---|
| C000234658 | Dividend Performers ETF | IPDP            |

Filed Pursuant to Rule 497(e)

1933 Act File No. 333-215588

1940 Act File No. 811-23226

**Supplement dated August 11, 2025**

**to the**

**Preferred-Plus ETF (IPPP)**

**Dividend Performers ETF (IPDP)**

each, a series of Listed Funds Trust

**Summary Prospectus, Prospectus, and Statement of Additional Information ("SAI"), each dated dated January 31, 2025, as supplemented**

    

After careful consideration, and at the recommendation of Innovative Portfolios, LLC, the investment adviser to the Preferred-Plus ETF and the Dividend Performers ETF (each, a "Fund," and collectively, the "Funds"), the Board of Trustees of Listed Funds Trust approved the closing and subsequent liquidation of the Funds pursuant to the terms of a Plan of Liquidation. Accordingly, the Funds are expected to cease operations, liquidate their assets, and distribute the liquidation proceeds to shareholders of record on or about August 26, 2025 (the "Liquidation Date"). Shares of the Funds are listed on the Cboe BZX Exchange, Inc.

Effective immediately and continuing through the Liquidation Date, the Funds will liquidate their portfolio assets. As a result, during this period, the Funds will increase their cash holdings and deviate from their investment objectives, investment strategies, and investment policies as stated in the Funds' Prospectuses and SAI.

The Funds will no longer accept orders for new creation units after the close of business on the business day prior to the Liquidation Date, and trading in shares of the Funds will be halted prior to market open on the Liquidation Date. Prior to the Liquidation Date, shareholders may only be able to sell their shares to certain broker-dealers and there is no assurance that there will be a market for the Funds' shares during that time period. Customary brokerage charges may apply to such transactions.

If no action is taken by a Fund shareholder prior to the Liquidation Date, each Fund will distribute to such shareholder, on or promptly after the Liquidation Date, a liquidating cash distribution equal to the net asset value of the shareholder's applicable Fund shares as of the close of business on the Liquidation Date. This amount will include any accrued capital gains and dividends. Shareholders remaining in the Funds on the Liquidation Date will not be charged any transaction fees by the Funds. The liquidating cash distribution to shareholders will be treated as payment in exchange for their shares. The liquidation of your shares may be treated as a taxable event. Shareholders should contact their tax adviser to discuss the income tax consequences of the liquidation.

Shareholders can call (800) 617-0004 for additional information.

**Please retain this supplement with your Summary Prospectus, Prospectus, and**

**Statement of Additional Information for future reference.**

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