Professionally Managed Portfolios
c/o U.S. Bancorp Fund Services, LLC
2020 East Financial Way, Suite 100
Glendora, CA 91741
June 8, 2017
VIA EDGAR TRANSMISSION
Division of Investment Management
U.S. Securities and Exchange Commission
100 “F” Street, N.E.
Washington, DC 20549
Re: | Professionally Managed Portfolios (the “Trust”) File Nos.: 33-12213 and 811-05037 |
Dear Sir or Madam:
Pursuant to Rule 145 under the Securities Act of 1933 (the “1933 Act”), the Trust hereby submits Form N-14 for the purpose of reorganizing a series of the Century Capital Management Trust (the “Century Trust”) into a new series of Professionally Managed Portfolios (the “PMP Trust”). Specifically, the PMP Trust is proposing to reorganize the Century Small Cap Select Fund, a series of the Century Trust, into the Congress Small Cap Growth Fund, a new series of the PMP Trust. The Century Trust is seeking the approval of the Century Small Cap Select Fund shareholders to complete the Reorganization. This Form N-14 will be mailed to shareholders of the Century Small Cap Select Fund in the form of a combined Proxy Statement/Prospectus. It is anticipated that this Registration Statement will become effective on July 8th, 2017, the 30th day after filing pursuant to Rule 488 under the 1933 Act.
If you have any questions regarding the enclosed, please do not hesitate to contact the undersigned at (626) 914-7363.
Sincerely,
/s/ Elaine E. Richards
Elaine Richards, Esq.
President and Secretary of the Trust
Enclosures