Effective August 1, 2026, Catholic Responsible Investments Funds replaced every reference to Teachers Advisers, LLC with Nuveen Asset Management, LLC after TAL merged into its affiliate and the surviving entity took the Nuveen name. Investors reading the funds’ prospectuses, summaries or SAI will see the updated entity name.

Key Highlights

  • Covered prospectuses and related documents are dated March 1, 2026, with supplements dated June 29, 2026.
  • Investors are instructed to retain the September 2, 2026 supplement for future reference.
  • Effective August 1, 2026, Teachers Advisers, LLC merged into Nuveen Asset Management, LLC, an affiliate.
  • The surviving entity was renamed Nuveen Asset Management, LLC.

Supplement Date and Covered Funds

Catholic Responsible Investments Funds issued a supplement dated September 2, 2026. It applies to the Catholic Responsible Investments Short Duration Bond Fund, Catholic Responsible Investments Opportunistic Bond Fund, and Catholic Responsible Investments Bond Fund.

Merger of Advisers

Effective as of August 1, 2026, Teachers Advisers, LLC merged into Nuveen Asset Management, LLC, an affiliate of Teachers Advisers, LLC. Following the transaction, the surviving entity was renamed Nuveen Asset Management, LLC.

Updated References

Effective immediately, all references to Teachers Advisers, LLC are deleted and replaced with Nuveen Asset Management, LLC. All abbreviations for TAL are likewise deleted and replaced with NAM in the covered documents.

Related Fund Documents

The changes apply to each Fund’s Prospectus dated March 1, 2026, as supplemented June 29, 2026.

Document Retention

The supplement provides new and additional information beyond the information contained in the Prospectuses, Summary Prospectuses, and Statement of Additional Information. It should be read in conjunction with those documents and retained for future reference.