U.S. BANCORP GLOBAL FUND SERVICES

615 E. Michigan Street

Milwaukee, WI 53202

January 10, 2022

VIA EDGAR TRANSMISSION

United States Securities and Exchange Commission

Division of Investment Management

100 “F” Street, N.E.

Washington, D.C. 20549

RE:    MANAGED PORTFOLIO SERIES (the “Trust”)

Securities Act Registration No: 333-172080

Investment Company Registration No: 811-22525

Dear Sir or Madam:

Pursuant to Rule 145 under the Securities Act of 1933 (the “1933 Act”), the Trust hereby submits a registration statement on Form N-14 (the “Registration Statement”). The Registration Statement contains a Prospectus/Proxy Statement (the “Prospectus/Proxy”) that reflects a proposal to shareholders of Kensington Managed Income Fund and Kensington Dynamic Growth Fund (each a “Fund” and collectively, the “Funds”), each a series of Advisors Preferred Trust, to reorganize the Funds into substantially identical series of the same name, registered under Managed Portfolio Series. It is anticipated that this Registration Statement will become effective on or about February 9, 2022, pursuant to Rule 488 under the 1933 Act.

If you have any questions or require further information, do not hesitate to contact the undersigned at (402) 926-8068.

Sincerely,

/s/ Joseph M. Destache

Joseph M. Destache

Secretary of Managed Portfolio Series

cc: Michael P. O’Hare, Esq., Stradley Ronon Stevens & Young, LLP