Capitol Series Trust has announced the liquidation of its Oak Harvest Long/Short Hedged Equity Fund, effective December 10, 2026. This decision, made by the Board of Trustees based on a recommendation from Oak Harvest Investment Services, LLC, marks a significant shift in the company’s investment strategy. The move may prompt other investment firms to reevaluate their fund offerings in a competitive landscape.

Capitol Series Trust, based in Cincinnati, Ohio, is an investment entity that manages various funds. The Trust is known for its focus on providing investment opportunities through different series and classes of funds. According to recent filings, the Trust has been active in managing its portfolio, with the most recent filing dated November 6, 2026.

The filing states, "The Board has determined to close and liquidate the Oak Harvest Long/Short Hedged Equity Fund. Please note that the Fund will be liquidating its assets at the close of business on December 10, 2026." This indicates a clear timeline for the liquidation process, allowing shareholders to redeem their shares prior to the liquidation date.

Shareholders of the Oak Harvest Long/Short Hedged Equity Fund are directly affected by this decision. They are encouraged to redeem their investments as outlined in the Fund’s Prospectus. Accounts not redeemed by December 9, 2026, will be automatically redeemed on the Liquidation Date, with proceeds sent to the address of record.

The filing does not specify what will happen next beyond the liquidation date. However, the orderly transition of the Fund’s portfolio to cash and cash equivalents is expected to begin immediately, as the Fund will no longer pursue its investment objectives.