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Filed pursuant to Rule 497(e)
File Nos. 033-88316 and 811-08932
ARTISAN PARTNERS FUNDS, INC.
SUPPLEMENT DATED 30 JUNE 2023 TO THE
FUNDS’ PROSPECTUS current as of the date hereof
Artisan Global Equity Fund
Effective 1 July 2023, the sections entitled “Fees
and Expenses of the Fund” and “Expense Example” on page 30 of Artisan Partners Funds’ prospectus are replaced
in their entirety with the following:
Fees and Expenses of the Fund
This table describes the fees and expenses that you pay if you buy and hold shares of the Fund. The table and expense example do not
reflect any transaction fees or commissions that may be charged by a shareholder’s financial intermediary when buying or selling
shares.
Shareholder Fees (fees paid directly from your investment)
|
Investor |
Advisor |
Institutional |
Maximum Sales Charge (Load) Imposed on Purchases (as a
percentage of offering price) |
None |
None |
None |
Exchange Fee |
None |
None |
None |
Redemption Fee |
None |
None |
None |
Annual Fund Operating Expenses (expenses that you pay
each year as a percentage of the value of your investment)
|
Investor |
Advisor |
Institutional |
Management Fees |
0.90% |
0.90% |
0.90% |
Distribution (12b-1) Fees |
None |
None |
None |
Total Other Expenses |
0.38 |
0.71 |
0.14 |
Total Annual Fund Operating Expenses |
1.28 |
1.61 |
1.04 |
Fee Waiver and Expense Reimbursement1 |
0.00 |
0.36 |
0.00 |
Total Annual Fund Operating Expenses After Fee Waiver and
Expense Reimbursement |
1.28 |
1.25 |
1.04 |
Artisan Value Fund
Effective 1 July 2023, the sections entitled “Fees
and Expenses of the Fund” and “Expense Example” on page 102 of Artisan Partners Funds’ prospectus are replaced
in their entirety with the following:
Fees and Expenses of the Fund
This table describes the fees and expenses that you pay if you buy and hold shares of the Fund. The table and expense example do not
reflect any transaction fees or commissions that may be charged by a shareholder’s financial intermediary when buying or selling
shares.
Shareholder Fees (fees paid directly from your investment)
|
Investor |
Advisor |
Institutional |
Maximum Sales Charge (Load) Imposed on Purchases (as a
percentage of offering price) |
None |
None |
None |
Exchange Fee |
None |
None |
None |
Redemption Fee |
None |
None |
None |
Filed pursuant to Rule 497(e)
File Nos. 033-88316 and 811-08932
Annual Fund Operating Expenses (expenses that you pay
each year as a percentage of the value of your investment)
|
Investor |
Advisor |
Institutional |
Management Fees |
0.74% |
0.74% |
0.74% |
Distribution (12b-1) Fees |
None |
None |
None |
Total Other Expenses |
0.32 |
0.22 |
0.11 |
Total Annual Fund Operating Expenses |
1.06 |
0.96 |
0.85 |
Fee Waiver and Expense Reimbursement1 |
0.08 |
0.08 |
0.02 |
Total Annual Fund Operating Expenses After Fee Waiver and
Expense Reimbursement |
0.98 |
0.88 |
0.83 |
Expense Example
The example is intended to help you
compare the cost of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000
in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The example also assumes a
5% return each year, and that the Fund’s operating expenses are equal to Total Annual Fund Operating Expenses After Fee Waiver and
Expense Reimbursement in the first year and Total Annual Fund Operating Expenses thereafter. Although your actual costs may be higher
or lower, based on these assumptions your costs would be:
|
1 Year |
3 Years |
5 Years |
10 Years |
Investor |
$100 |
$329 |
$577 |
$1,287 |
Advisor |
$90 |
$298 |
$523 |
$1,171 |
Institutional |
$85 |
$269 |
$469 |
$1,047 |
Please
Retain This Supplement for Future Reference