# EDGAR Filing Document

**Accession Number:** 0001699360
**File Stem:** 0001193125-26-136614
**Filing Date:** 2026-4
**Character Count:** 10642
**Document Hash:** 846ec89ea87985123cec8e366e303720
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-136614.hdr.sgml**: 20260401

**ACCESSION NUMBER**: 0001193125-26-136614

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260401

**DATE AS OF CHANGE**: 20260401

**EFFECTIVENESS DATE**: 20260401

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Morningstar Funds Trust
- **CENTRAL INDEX KEY:** 0001699360

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-216479
- **FILM NUMBER:** 26826616

**BUSINESS ADDRESS:**
- **STREET 1:** 22 W. WASHINGTON STREET
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60602
- **BUSINESS PHONE:** 312-696-6000

**MAIL ADDRESS:**
- **STREET 1:** 22 W. WASHINGTON STREET
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60602

## Series and Classes Contracts Data

### Morningstar U.S. Equity Fund (Series ID: S000057727)

---

|  |  |  |
|:---|:---|:---|
| Class Name    | Ticker Symbol | Class ID   |
| Institutional | MSTQX         | C000186138 |

---

### Morningstar International Equity Fund (Series ID: S000057728)

---

|  |  |  |
|:---|:---|:---|
| Class Name    | Ticker Symbol | Class ID   |
| Institutional | MSTFX         | C000186139 |

---

### Morningstar Global Income Fund (Series ID: S000057729)

---

|  |  |  |
|:---|:---|:---|
| Class Name    | Ticker Symbol | Class ID   |
| Institutional | MSTGX         | C000186140 |

---

### Morningstar Municipal Bond Fund (Series ID: S000057731)

---

|  |  |  |
|:---|:---|:---|
| Class Name    | Ticker Symbol | Class ID   |
| Institutional | MSTPX         | C000186142 |

---

### Morningstar Defensive Bond Fund (Series ID: S000057732)

---

|  |  |  |
|:---|:---|:---|
| Class Name    | Ticker Symbol | Class ID   |
| Institutional | MSTBX         | C000186143 |

---

## Series and Classes Contracts Data

### Morningstar U.S. Equity Fund (Series ID: S000057727)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000186138 | Institutional | MSTQX           |

### Morningstar International Equity Fund (Series ID: S000057728)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000186139 | Institutional | MSTFX           |

### Morningstar Global Income Fund (Series ID: S000057729)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000186140 | Institutional | MSTGX           |

### Morningstar Municipal Bond Fund (Series ID: S000057731)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000186142 | Institutional | MSTPX           |

### Morningstar Defensive Bond Fund (Series ID: S000057732)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000186143 | Institutional | MSTBX           |

**SUPPLEMENT DATED APRIL 1, 2026** 

**TO THE PROSPECTUS** 

**DATED AUGUST 31, 2025, AS AMENDED TO DATE,** 

**OF** 

**MORNINGSTAR FUNDS TRUST** 

**(THE "TRUST")** 

**Morningstar Municipal Bond Fund** 

**Morningstar Defensive Bond Fund** 

**Morningstar Global Income Fund** 

**Morningstar International Equity Fund** 

**Morningstar U.S. Equity Fund** 

**(each a "Fund" and together, the "Funds")** 

***This supplement provides additional information to the Funds' Prospectus dated August 31, 2025, as amended to date, and should be read in conjunction with such Prospectus.***

**Portfolio Manager Changes to the Morningstar Municipal Bond Fund, Morningstar Defensive Bond Fund and Morningstar Global Income Fund** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*I.* *Effective April 1, 2026, to reflect the addition of Alexandra P. Cumings as a Portfolio Manager of the Morningstar Municipal Bond Fund, Morningstar Defensive Bond Fund and Morningstar Global Income Fund, the following changes are being made to the Prospectus:* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*1.* *The Morningstar Investment Management LLC section of the table following the "Fund Management" heading in the Prospectus for the Morningstar Municipal Bond Fund is removed and replaced with the following:* 

---

| | | |
|:---|:---|:---|
| **Portfolio Manager** | **Position with Morningstar** | **Start Date with the Fund** |
| *Morningstar Investment Management LLC* |  |  |
| Daniel E. McNeela, CFA | Senior Portfolio Manager and<br> Head of Subadviser Selection | Since Inception<br> (November 2018) |
| Alexandra P. Cumings, CFA | Portfolio Manager | April 2026 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*2.* *The Morningstar Investment Management LLC section of the tables following the "Fund Management" heading in the Prospectus for the Morningstar Defensive Bond Fund and Morningstar Global Income Fund will be removed and replaced with the following:* 

---

| | | |
|:---|:---|:---|
| **Portfolio Manager** | **Position with Morningstar** | **Start Date with the Fund** |
| *Morningstar Investment Management LLC* |  |  |
| Richard M. Williamson, CFA, CIPM | Senior Portfolio Manager and<br> Head of Investments, Multi Asset Strategies | December 2020 |
| Alfonzo Bruno, CFA | Portfolio Manager | February 2025 |
| Alexandra P. Cumings, CFA | Portfolio Manager | April 2026 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*3.* *In the "Management of the Funds — Investment Adviser" section of the Prospectus, the following paragraph will be added:* 

*Alexandra P. Cumings, CFA (Morningstar Municipal Bond Fund, Morningstar Defensive Bond Fund, and Morningstar Global Income Fund) — Alexandra P. Cumings, CFA is an associate portfolio manager within Morningstar's Investment Management group. Cumings performs manager due diligence and implements asset allocation decisions across Morningstar's mutual funds and multi-asset portfolios. She specializes in fixed income research, including tax-exempt municipal bonds and agency mortgage-backed securities. Prior to joining Morningstar Investment Management in 2017, Cumings was a data analyst at Morningstar, Inc., where she oversaw data storage and collection for SMAs, CITs, and 529 plans. Cumings holds a bachelor's degree in finance and psychology from the University of Notre Dame, and she is a CFA Charterholder.* 

------

**Portfolio Manager Change to the Morningstar International Equity Fund** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*I.* *Carlos Gutierrez Mangas no longer serves as a portfolio manager to the Morningstar International Equity Fund. To reflect this change, all references to Mr. Gutierrez Mangas are removed from the Prospectus.* 

**Portfolio Manager Change to the Morningstar U.S. Equity Fund** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*I.* *Effective April 3, 2026, Navneesh Malhan will no longer serve as a portfolio manager to the Morningstar U.S. Equity Fund. To reflect this change, all references to Mr. Malhan will be removed from the Prospectus as of that date.* 

***Please retain this supplement for future reference.***

------

**SUPPLEMENT DATED APRIL 1, 2026** 

**TO THE STATEMENT OF ADDITIONAL INFORMATION** 

**DATED AUGUST 31, 2025, AS AMENDED TO DATE,** 

**OF** 

**MORNINGSTAR FUNDS TRUST** 

**(THE "TRUST")** 

**Morningstar Municipal Bond Fund** 

**Morningstar Defensive Bond Fund** 

**Morningstar Global Income Fund** 

**Morningstar International Equity Fund** 

**Morningstar U.S. Equity Fund** 

**(each a "Fund" and together, the "Funds")** 

***This supplement provides additional information to the Funds' Statement of Additional Information ("SAI") dated August 31, 2025, as amended to date, and should be read in conjunction with such SAI.***

**Portfolio Manager Changes to the Morningstar Global Income Fund, Morningstar Total Return Bond Fund, Morningstar Municipal Bond Fund, Morningstar Defensive Bond Fund, and Morningstar Multisector Bond Fund** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*I.* *Effective April 1, 2026, to reflect the addition of Alexandra P. Cumings as a Portfolio Manager of the Morningstar Municipal Bond Fund, Morningstar Defensive Bond Fund and Morningstar Global Income Fund, the following information is added to the Morningstar Investment Management section of the table following the "The Funds' Investment Team — Portfolio Managers — Other Accounts Managed by Portfolio Managers" heading in the SAI:* 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **Number of Other Accounts Managed and Assets<br>(in $Billions)<br>by Account Type** | **Number of Other Accounts Managed and Assets<br>(in $Billions)<br>by Account Type** | **Number of Other Accounts Managed and Assets<br>(in $Billions)<br>by Account Type** | **Number of Other Accounts and Amount of Assets<br>(in $Billions)<br>for Which Advisory Fee<br>is Performance-Based, by Account Type** | **Number of Other Accounts and Amount of Assets<br>(in $Billions)<br>for Which Advisory Fee<br>is Performance-Based, by Account Type** | **Number of Other Accounts and Amount of Assets<br>(in $Billions)<br>for Which Advisory Fee<br>is Performance-Based, by Account Type** |
| <br>**Firm and Portfolio Manager(s)** | **Registered<br>Investment<br>Companies<br>(excluding<br>the Funds)** | **Other<br>Pooled<br>Investment<br>Vehicles** | **Other<br>Accounts** | **Registered<br>Investment**<br> **Companies<br>(excluding<br>the Funds)** | **Other<br>Pooled<br>Investment<br>Vehicles** | **Other<br>Accounts** |
| **Morningstar Investment Management** | **Morningstar Investment Management** | **Morningstar Investment Management** | **Morningstar Investment Management** |  |  |  |
| *Alexandra P. Cumings, CFA*<br> *(as of February 28, 2026)* | 0<br> $0.00 | 0<br> $0.00 | 12<br> $0.00 | 0<br> $0.00 | 0<br> $0.00 | 0<br> $0.00 |

---

**Portfolio Manager Change to the Morningstar International Equity Fund** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*I.* *Carlos Gutierrez Mangas no longer serves as a portfolio manager to the Morningstar International Equity Fund. To reflect this change, all references to Mr. Gutierrez Mangas are removed from the SAI.* 

**Portfolio Manager Change to the Morningstar U.S. Equity Fund** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*I.* *Effective April 3, 2026, Navneesh Malhan will no longer serve as a portfolio manager to the Morningstar U.S. Equity Fund. To reflect this change, all references to Mr. Malhan will be removed from the SAI as of that date.* 

***Please retain this supplement for future reference.***