SWAN FUND DOCUMENTS

Tax & Distribution Information

2025 – Distribution Notice

Fact Sheets

* Defined Risk Fund Fact Sheet
* Defined Risk Growth Fund Fact Sheet

Funds Liquidation Information

Funds Liquidation Information

Prospectuses

Combined Prospectus – Defined Risk Funds
Summary Prospectus – Defined Risk Fund
Summary Prospectus – Defined Risk Growth Fund
Statement of Additional Information

Holdings

All Funds as of 3.31.25
All Funds as of 9.30.24

Forms & Applications

Account Form
IRA Application Form
Roth Disclosure
IRA Distribution Withholding Form
IRA Transfer of Asset Form
Education Savings Account Form
SIMPLE IRA Custodial Account Adoption Form
Non-Qualified Transfer of Assets Form
Redemption Request Form

Shareholder & Annual Reports

Semi-Annual Report
Annual Report
2025 N-PX Notice
Swan Funds – Combined SOI 9.30.25

Swan Defined Risk Fund – Annual Shareholder Report – I Share-6.30.25
Swan Defined Risk Fund – Annual Shareholder Report – A Share-6.30.25
Swan Defined Risk Fund – Annual Shareholder Report – C Share-6.30.25
Swan Defined Risk Growth Fund – Annual Shareholder Report – I Share-6.30.25
Swan Defined Risk Growth Fund – Annual Shareholder Report – A Share-6.30.25
Swan Defined Risk Growth Fund – Annual Shareholder Report – C Share-6.30.25

Swan Defined Risk Fund – Semi-Annual Shareholder Report – I Share-12.31.24
Swan Defined Risk Fund – Semi-Annual Shareholder Report – A Share-12.31.24
Swan Defined Risk Fund – Semi-Annual Shareholder Report – C Share-12.31.24
Swan Defined Risk Growth Fund – Semi-Annual Shareholder Report – I Share-12.31.24
Swan Defined Risk Growth Fund – Semi-Annual Shareholder Report – A Share-12.31.24
Swan Defined Risk Growth Fund – Semi-Annual Shareholder Report – C Share-12.31.24