*Year-to-date returns are usually updated by 6:30pm, Eastern Time, the current business day.

**The Carillon Family of Funds will convert class C share accounts that are more than 8 years old to class A shares on the third of each month. Shareholders may continue to purchase shares in either class, but will be required to pay a sales charge on new purchases of Class A shares.

‡ Formally known as Carillon Chartwell Income Fund.

Performance data quoted represents past performance which does not guarantee future results. The investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance data quoted reflects reinvested dividends and capital gains. Returns less than one year are not annualized. Refer to the individual fund pages for the funds' standardized average annual total returns as of the most recent calendar quarter end. Current performance may be higher or lower than the performance data quoted.

Performance shown for the following funds includes a front-end sales charge of 4.75% for class A shares and a 1% contingent deferred sales charge for class C shares on redemptions made within 12 months of purchase, but not at one year: Carillon ClariVest Capital Appreciation Fund, Carillon Eagle Growth & Income Fund, Carillon Scout Mid Cap Fund, Carillon Scout Small Cap Fund, Carillon Eagle Mid Cap Growth Fund, Carillon Eagle Small Cap Growth Fund and Carillon ClariVest International Stock Fund. Performance shown for the following funds includes a front-end sales charge of 3.75% for class A shares and a 1% contingent deferred sales charge for class C shares on redemptions made within 12 months of purchase, but not at one year: Carillon Reams Core Bond Fund, Carillon Reams Core Plus Bond Fund and the Carillon Reams Unconstrained Bond Fund. Performance shown for the following funds are no-load; however, there are management fees and operating expenses that do apply which are described in the Carillon Chartwell Fund's Prospectus: Carillon Chartwell Mid Cap Value Fund, Carillon Chartwell Small Cap Growth Fund, Carillon Chartwell Small Cap Value Fund, Carillon Chartwell Income Fund, Carillon Chartwell Short Duration Bond Fund and the Carillon Chartwell Short Duration High Yield Fund.

The investment adviser, Carillon Tower Advisers, Inc., has contractually agreed to waive or reimburse certain fees and expenses through April 30, 2025 for the following funds: the Carillon ClariVest Capital Appreciation Fund, the Carillon ClariVest International Stock Fund, the Carillon Reams Core Bond Fund, the Carillon Reams Core Plus Bond Fund and the Carillon Reams Unconstrained Bond Fund. Carillon Tower Advisers may recoup previously waived expenses that it assumes within the following two fiscal years. The investment adviser, Carillon Tower Advisers, Inc., has contractually agreed to waive or reimburse certain fees and expenses through July 1, 2024 for the following funds: the Carillon Chartwell Mid Cap Value Fund, Carillon Chartwell Small Cap Growth Fund, Carillon Chartwell Small Cap Value Fund, Carillon Chartwell Income Fund, Carillon Chartwell Short Duration Bond Fund and the Carillon Chartwell Short Duration High Yield Fund. Carillon Tower Advisers may recoup previously waived expenses that it assumes within the following two fiscal years.

Risk considerations: As with all investing, there is the risk that an unexpected change in the market or within the company itself may have an adverse effect on the price of the securities held. The biggest risk of investing is that returns can fluctuate and investors can lose money.

Growth companies are expected to increase their earnings at a certain rate. When these expectations are not met, investors may punish the stocks excessively, even if earnings showed an absolute increase. Growth company stocks also typically lack the dividend yield that can cushion stock prices in market downturns. The companies engaged in the technology industry are subject to fierce competition and their products and services may be subject to rapid obsolescence. The values of these companies tend to fluctuate sharply.

Investments in mid-cap and small-cap companies generally involve greater risks than investing in larger capitalization companies. Mid-cap companies often have narrower commercial markets, more limited managerial and financial resources, and more volatile trading than larger, more established companies.

Mid-cap and small-cap stocks may temporarily fall out of favor or perform poorly relative to other types of investments. While stocks of mid-cap companies may be slightly less volatile than those of small-cap companies, they still involve substantial risk.

Investing in mid-cap stocks may involve greater risks than investing in larger, more established companies. These companies often have narrow markets and more limited managerial and financial resources. The companies engaged in the technology industry are subject to fierce competition and their products and services may be subject to rapid obsolescence. The values of these companies tend to fluctuate sharply.

International investing presents specific risks, such as currency fluctuations, differences in financial accounting standards, and potential political and economic instability. These risks are further accentuated in emerging market countries, where risks can also include possible economic dependency on revenues from particular commodities or on international aid or development assistance, currency transfer restrictions, and liquidity risks related to lower trading volumes.

Because the Carillon Scout Small Cap, and Carillon Eagle Growth & Income Funds normally will hold a focused portfolio of stocks of fewer companies than many other diversified funds, the increase or decrease of the value of a single stock may have a greater impact on the fund’s net asset value and total return.

There are risks associated with dividend investing, including that dividend-issuing companies may choose not to pay a dividend, may not have the ability to pay, or the dividend may be less than what is anticipated. Dividend-issuing companies are subject to interest rate risk and high dividends can sometimes signal that a company is in distress.

Real Estate Investment Trusts (REITS) may be affected by economic conditions including credit risk, interest rate risk and other factors that affect property values, rents or occupancies of real estate.

The return of principal in a fund that can also invest in fixed income securities is not guaranteed. Fixed income investments have interest rate, inflation, issuer, maturity and credit risks. Mortgage- and Asset-Backed Securities are subject to prepayment risk and the risk of default on the underlying mortgages or other assets.

Foreign investments present additional risks due to currency fluctuations, economic and political factors, government regulations, differences in accounting standards and other factors. Investments in emerging markets involve even greater risks. Groups of stocks, such as value and growth, go in and out of favor, which may cause certain funds to underperform other equity funds.

Derivatives such as credit default swap agreements and futures contracts may involve greater risks than if the Fund invested in the referenced obligation directly. Derivatives are subject to risks such as market risk, liquidity risk, interest rate risk, credit risk and management risk. Derivative investments could lose more than the principal amount invested. The Fund may use derivatives for hedging purposes or as part of its investment strategy. The use of leverage and derivatives investments could accelerate losses to the fund. These losses could exceed the amount originally invested.

Funds may, at times, experience higher-than-average portfolio turnover, which may generate significant taxable gains and increased trading expenses, which, in turn, may lower the Fund’s return.

The Carillon Reams Unconstrained Bond Fund employs an unconstrained investment approach which creates considerable exposure to certain types of securities that present significant volatility in the Fund’s performance, particularly over short periods of time. The Fund may, at times, experience higher-than-average portfolio turnover, which may generate significant taxable gains and increased trading expenses, which, in turn, may lower the Fund’s return.

Short-sale risk includes the potential loss of more money than the actual cost of the investment, and the risk that the third party to the short sale may fail to honor its contract terms, causing a loss to the fund.

Investments in small-cap companies generally involve greater risks than investing in larger capitalization companies. Small-cap companies often have narrower commercial markets and more limited managerial and financial resources than larger, more established companies. As a result, their performance can be more volatile and they face greater risk of business failure, which could increase the volatility of a fund’s portfolio. Additionally, small-cap companies may have less market liquidity than larger companies.

The Carillon ClariVest Capital Appreciation Fund and the Carillon ClariVest International Stock Fund include quantitative risk. Quantitative risk involves the dependence on proprietary quantitative tools for security selection which may not be predictive of a security’s value.

Initial Public Offerings (“IPOs”) include the risk that the market value of IPOs will fluctuate considerably due to the absence of a prior market, among other factors.

The Carillon Chartwell Income Fund invests in both fixed income and equity securities. Its investments in fixed income securities are subject to such risks as: interest rate risk; call risk; high yield (junk bond) risk; and unrated bond risk. The Fund also invests in equity securities that carry the potential for unpredictable drops in value and periods of lackluster performance.

Mid-Cap securities may be subject to more abrupt market movements and may have lower trading volumes than securities of larger, more established companies. Value investing is subject to the risk that the market will not recognize a security’s inherent value, or that a stock judged to be undervalued may actually be appropriately priced or overvalued. Foreign securities involve greater currency valuation, economic, political, and regulatory environment risk relative to U.S. securities. The Carillon Chartwell Mid Cap Value Fund may invest in ETFs and therefore would be subject to the same risks as the underlying securities in which the ETF invests as well as entails higher expenses than if invested into the underlying ETF directly. The Fund is a non-diversified fund which may present greater risks than a diversified fund that invests in a greater number of issuers.

Small Cap stocks may be less liquid and are more susceptible to market volatility because they may not have the management experience, financial resources, product diversification, or competitive strengths and tend to be sold less often and in smaller amounts relative to larger companies. Foreign securities involve greater currency valuation, economic, political, and regulatory environment risk relative to US securities. Both the Carillon Chartwell Small Cap Value Fund and Carillon Chartwell Small Cap Growth Fund invests in Exchange Traded Funds (ETFs) and is therefore subject to the same risks as the underlying securities in which the ETF invests as well as entails higher expenses than if invested into the underlying ETF directly.

Fixed income investment includes the following risks: credit, prepayment, call and interest rate risk. Credit risk refers to the loss in the value of a security based on a default in the payment of principle and/or interest of the security, or the perception of the market of such default. As interest rates rise the value of bond prices will decline. High-yield bonds have a higher risk of default or other adverse credit events, but have the potential to pay higher earnings over investment grade bonds. The higher risk of default, or the inability of the creditor to repay its debt, is the primary reason for the higher interest rates on high-yield bonds. Both the Carillon Chartwell Short Duration Bond Fund and Carillon Chartwell Short Duration High Yield Fund may invest in foreign and emerging market securities which involves certain risks such as currency volatility, political and social instability and reduced market liquidity. The Fund may also invest in ETFs (Exchange-Traded Funds) and therefore would be subject to the same risks as the underlying securities in which the ETF invests as well as entails higher expenses than if invested into the underlying ETF directly. The fund is new and has limited performance history for investors to review.

(1) Class I shares are available for qualified institutions and individual investors purchasing shares for their own account with a minimum initial investment of $1,000. A fund may waive this minimum amount at its discretion. Qualified institutions include corporations, banks, insurance companies, endowments, foundations and trusts.

(2) Class R-6 shares are available only to accounts that have $1,000,000 or more in assets invested in R-6 shares and are funds-of-funds accounts, retirement plans for which no third-party administrator receives compensation from the Funds, financial institutions investing for its own account, clients of investment advisory fee-based wrap programs, IRAs and Education Savings Accounts, high-net-worth individual and corporations who invest directly with the Trust, and current holders of the Class R-6 shares of any Fund.

The minimal initial investment in the funds is $1,000 and with the Chartwell Funds it is $100 to add to your account. The minimum for Retirement Accounts is $500. When establishing an automatic investment plan, the initial investment and minimum subsequent investment is $50 per month — please see the prospectus for details.

Please call 1.800.421.4184 for more information on all of the funds.