Goodhaven Funds Trust
10/14/2026 | Press release | Distributed by Public on 10/14/2026 15:12
Prospectus by Investment Company (Form 497)
1
GOODHAVEN FUND
(A Series of The GoodHaven Funds Trust)
(Symbol: GOODX)
SUPPLEMENT DATED OCTOBER 14, 2026 TO THE PROSPECTUS AND STATEMENT OF INFORMATION,
EACH DATED MARCH 30, 2026
This supplement provides new and additional information beyond that contained in, and should be read in
conjunction with, the Prospectus and Statement of Additional Information. Capitalized terms used without definition
below have the meanings given to them in the Prospectus and Statement of Additional Information, as applicable.
The following is added to the end of the section entitled "SHAREHOLDER INFORMATION" beginning on page 13
of the Prospectus:
ReFlow Liquidity Program. The Fund may participate in the ReFlow liquidity program as described in the SAI,
which is designed to provide an alternative liquidity source for mutual funds experiencing net redemptions of their
shares. The Fund may meet redemption requests in-kind under the ReFlow liquidity program. There is no assurance
that ReFlow will have sufficient funds available to meet the Fund's liquidity needs on a particular day. Investments
in the Fund by ReFlow in connection with the ReFlow liquidity program are not subject to the excessive trading
limitations described under "TOOLS TO COMBAT FREQUENT TRANSACTIONS."
The following is added to the end of the section entitled "ADDITIONAL PURCHASE AND REDEMPTION
INFORMATION" beginning on page 33 of the Statement of Additional Information:
ReFlow Liquidity Program. The Fund may participate in the ReFlow Fund, LLC ("ReFlow") liquidity program,
which is designed to provide an alternative liquidity source for mutual funds experiencing net redemptions of their
shares. A mutual fund typically must hold cash in its portfolio, liquidate portfolio securities, or borrow money (all of
which impose certain costs on the fund) to meet net shareholder redemption requests. Pursuant to the liquidity
program, ReFlow provides participating mutual funds with another source of cash to meet net shareholder
redemptions by standing ready to purchase shares of a fund equal to the amount of the fund's net redemptions on a
given day. In return for this service, the Fund will pay a fee to ReFlow each time it purchases shares of the Fund, at
a rate determined by a daily "auction" with other participating mutual funds seeking liquidity that day. The current
minimum fee rate (which is subject to change) is 0.14% of the value of the fund shares purchased by ReFlow,
although the Fund may submit a bid at a higher fee rate if it determines that doing so is in the best interest of Fund
shareholders. The costs to the Fund for participating in the ReFlow liquidity program are expected to be influenced
by and comparable to the costs of other sources of liquidity, such as the costs of selling portfolio securities to meet
redemptions. The Fund is not guaranteed to receive cash from ReFlow on any given day as allocation of ReFlow's
cash is based on the results of ReFlow's automated daily auction process among participating mutual funds.
ReFlow's purchases of Fund shares through the liquidity program are made on an investment-blind basis without
regard to the Fund's objective, policies, or anticipated performance. In accordance with federal securities laws,
ReFlow is prohibited from acquiring more than 3% of the outstanding voting securities of the Fund. While ReFlow
holds Fund shares, it will have the same rights and privileges with respect to those shares as any other shareowner.
ReFlow will periodically redeem its entire share position in the Fund and may request that such redemption be met
in kind in accordance with the Fund's in-kind redemption policies.
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ReFlow's investments in the Fund in connection with the ReFlow liquidity program are not subject to: (i) any
minimum initial and subsequent investment limits; (ii) the Fund's excessive trading limitations described in the
"TOOLS TO COMBAT FREQUENT TRANSACTIONS" section in the Prospectus; or (iii) the requirement
described above that states the Fund will pay in cash all redemptions by a shareholder of record up to amounts
specified by SEC Rule 18f-1 (in excess of the lesser of (1) $250,000 or (2) 1% of the Fund's assets).
Please retain this Supplement with your Prospectus and Statement of Additional Information, each dated March 30,
2026 for future reference. These documents are available upon request and without charge by calling the Fund at
1-855-OK-GOODX or 1-855-654-6639.
Goodhaven Funds Trust published this content on October 14, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on October 14, 2026 at 21:12 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]