Professionally Managed Portfolios
c/o U.S. Bank Global Fund Services
2020 East Financial Way, Suite 100
Glendora, CA 91741
September 21, 2018
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.: 333-218603 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 Trust into a separate series within the Trust. Specifically, the Trust is proposing to reorganize the Congress SMid Core Opportunity Fund into the Congress Mid Cap Growth Fund. Because the Reorganization is being contemplated in accordance with Rule 17a-8 under the Investment Company Act of 1940, the Trust is not seeking the approval of shareholders to complete the Reorganization. Rather this Form N-14 will be mailed to shareholders in the form of an Information Statement/Prospectus. It is anticipated that this Registration Statement will become effective on October 21, 2018, 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