# EDGAR Filing Document

**Accession Number:** 0001545440
**File Stem:** 0001580642-25-003945
**Filing Date:** 2025-6
**Character Count:** 6637
**Document Hash:** 3b049e2be7f5328cf5ab6abd9c12faf6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001580642-25-003945.hdr.sgml**: 20250630

**ACCESSION NUMBER**: 0001580642-25-003945

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250630

**DATE AS OF CHANGE**: 20250630

**EFFECTIVENESS DATE**: 20250630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ultimus Managers Trust
- **CENTRAL INDEX KEY:** 0001545440

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** OH

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-180308
- **FILM NUMBER:** 251091288

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

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

## Series and Classes Contracts Data

### Westwood Alternative Income Fund (Series ID: S000072839)

---

|  |  |  |
|:---|:---|:---|
| Class Name                                    | Ticker Symbol | Class ID   |
| Westwood Alternative Income Fund Ultra Shares | WMNUX         | C000229465 |

---

### Westwood Income Opportunity Fund (Series ID: S000072841)

---

|  |  |  |
|:---|:---|:---|
| Class Name                                    | Ticker Symbol | Class ID   |
| Westwood Income Opportunity Fund Ultra Shares | WHGOX         | C000240107 |

---

### Westwood Quality Value Fund (Series ID: S000072844)

---

|  |  |  |
|:---|:---|:---|
| Class Name                               | Ticker Symbol | Class ID   |
| Westwood Quality Value Fund Ultra Shares | WHGQX         | C000240108 |

---

## Series and Classes Contracts Data

### Westwood Alternative Income Fund (Series ID: S000072839)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000229465 | Westwood Alternative Income Fund Ultra Shares | WMNUX           |

### Westwood Income Opportunity Fund (Series ID: S000072841)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000240107 | Westwood Income Opportunity Fund Ultra Shares | WHGOX           |

### Westwood Quality Value Fund (Series ID: S000072844)

| Class ID   | Class Name                               | Ticker Symbol   |
|:---|:---|:---|
| C000240108 | Westwood Quality Value Fund Ultra Shares | WHGQX           |

June 30, 2025

**WESTWOOD QUALITY VALUE FUND**

**TICKER SYMBOL: WHGQX**

**WESTWOOD INCOME OPPORTUNITY FUND**

**TICKER SYMBOL: WHGOX**

**WESTWOOD ALTERNATIVE INCOME FUND**

**TICKER SYMBOL: WMNUX**

**ULTRA SHARES**

*Series of Ultimus Managers Trust*

**Supplement to the Prospectus and Statement of Additional Information, each**

**dated February 28, 2025**

This supplement updates certain information in the Prospectus and Statement of Additional Information (the "SAI") for the Ultra Shares of the Westwood Quality Value Fund, the Westwood Income Opportunity Fund and the Westwood Alternative Income Fund (each, a "Fund," and collectively, the "Funds"), each a series of Ultimus Managers Trust, as set forth below. For more information or to obtain a copy of the Funds' Prospectus or SAI, free of charge, please visit the Funds' website at www.westwoodfunds.com or call the Funds toll free at 1-877-FUND-WHG (1-877-386-3944).

*The following changes are made in the Prospectus for the Funds.*

 

Effective June 30, 2025, Corey Henegar, Senior Vice President, Portfolio Manager and Senior Research Analyst, will become a member of the portfolio team of the Westwood Quality Value Fund, joining Lauren Hill, Matthew Lockridge and Michael Wall, who will continue as members of the Fund's portfolio team.

*The following disclosure is added to the section entitled "Portfolio Managers" beginning on page 60 of the Prospectus:*

Mr. Corey Henegar, CFA<sup>®</sup>, has served as Senior Vice President, Portfolio Manager, and Senior Research Analyst since rejoining Westwood in February 2025. Mr. Henegar previously was a Co-Founder, Portfolio Manager and Analyst with Oakview Capital Management, L.P. At Oakview, Mr. Henegar managed an AllCap Value portfolio and covered a variety of sectors using a Quality-Value investment approach. From 2001-2010, Mr. Henegar was with Westwood as both an Analyst and Portfolio Manager on the SmidCap Value strategy. Mr. Henegar holds the CFA charter and graduated from Texas Tech University with a Bachelor of Business Administration degree in Finance. Mr. Henegar has more than 24 years of investment experience. Mr. Henegar has managed the Quality Value Fund since 2025.

 

*The following disclosure replaces in its entirety the second paragraph in the section entitled "Dividends and Distributions" on page 77 of the Prospectus:*

The Income Opportunity Fund and Alternative Income Fund distribute their net investment income monthly and make distributions of their net realized capital gains, if any, at least annually.

*The following information is added to the table in the section entitled "THE PORTFOLIO MANAGERS – Fund Shares Owned by the Portfolio Managers" beginning on page 89 of the SAI:*

---

| | |
|:---|:---|
| <br> **Name** | **Dollar Range of Fund Shares** |
| Corey Henegar, CFA | $50,001-$100,000 (Westwood Quality Value Fund) |

---

*The following information is added to the table in the section entitled "THE PORTFOLIO MANAGERS – Other Accounts" beginning on page 91 of the SAI:*

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Name** | **Registered** <br> **Investment Companies** | **Registered** <br> **Investment Companies** | **Other Pooled** <br> **Investment Vehicles** | **Other Pooled** <br> **Investment Vehicles** | **Other Accounts** | **Other Accounts** |
| **Name** | **Number of Accounts** | **Total Assets<sup>1</sup>**<br> **(in Millions)** | **Number of Accounts** | **Total Assets<sup>1</sup>**<br> **(in Millions)** | **Number of Accounts** | **Total Assets<sup>1</sup>**<br> **(in Millions)** |
| Corey Henegar, CFA | 0 | $0 | 0 | $0 | 2 | $0.3 |

---

<sup>1</sup> Represents the portion of assets for which the portfolio manager has responsibility in the accounts indicated. The accounts indicated may contain additional assets under the responsibility of other portfolio managers and therefore may be duplicated. Information is as of March 31, 2025.

If you have any questions regarding the Funds, please call 1-877-FUND-WHG (1-877-386-3944).

 **

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***Investors Should Retain this Supplement for Future Reference.***

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