# EDGAR Filing Document

**Accession Number:** 0001587982
**File Stem:** 0001193125-26-238147
**Filing Date:** 2026-5
**Character Count:** 6451
**Document Hash:** c6ece26eeef95e3f78a861798874b6b7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-238147.hdr.sgml**: 20260526

**ACCESSION NUMBER**: 0001193125-26-238147

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260526

**DATE AS OF CHANGE**: 20260526

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Investment Managers Series Trust II
- **CENTRAL INDEX KEY:** 0001587982

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22894
- **FILM NUMBER:** 261016355

**BUSINESS ADDRESS:**
- **STREET 1:** 235 WEST GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212
- **BUSINESS PHONE:** 414-299-2295

**MAIL ADDRESS:**
- **STREET 1:** 235 WEST GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212

## Series and Classes Contracts Data

### AXS Income Opportunities Fund (Series ID: S000075333)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000234278 | Class I      | OIOIX           |
| C000234280 | Class D      | OIODX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** INVESTMENT MANAGERS SERIES TRUST II

- **b. Investment Company Act file number:** 811-22894

- **c. CIK number of Registrant:** 0001587982

- **d. LEI of Registrant:** 549300SU7ER9OFETRU41

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 235 WEST GALENA STREET

  - **City:** MILWAUKEE

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 532123948

  - **Telephone number:** 4142992000

**Item A.2. Information about the Series.**

- **a. Name of Series:** AXS Income Opportunities Fund

- **b. EDGAR series identifier (if any):** S000075333

- **c. LEI of Series:** 549300QQGKEJTVB7IH18

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2026-03-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **Yes**

### Fund Information

**Total Assets:** $15110189.99

**Total Liabilities:** $143617.72

**Net Assets:** $14966572.27

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000234278 | 2.21%                | 3.31%                | -4.84%               |
| Class ID C000234280 | 2.07%                | 3.21%                | -4.86%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-7431.67                | $437223.09                                 |
| Month 2  | $-7065.37                | $566611.07                                 |
| Month 3  | $-34560.47               | $-765536.46                                |

### Schedule of Portfolio Investments

| Name                           | Title                                                               | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| State Street SPDR Bloomberg Co | State Street SPDR Bloomberg Convertible Securities ETF              | CUSIP: 78464A359<br>LEI: 549300IXKU3G7R6DMX93 | Long             |  | RF                | US        |     19558 | NS      | $1789948.16   | 11.96%            |  |  |  | No            |                  1 | On Loan: No      |
| Janus Henderson AAA CLO ETF    | Janus Henderson AAA CLO ETF - Class USD INC                         | CUSIP: 47103U845<br>LEI: 549300N7UZ9PO4OVKA94 | Long             |  | RF                | US        |     26989 | NS      | $1359435.93   | 9.08%             |  |  |  | No            |                  1 | On Loan: No      |
| VanEck Mortgage REIT Income ET | VanEck Mortgage REIT Income ETF - Class USD INC                     | CUSIP: 92189F452<br>LEI: 54930027HZP6Q1ONAO98 | Long             |  | RF                | US        |    158507 | NS      | $1626281.82   | 10.87%            |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan US Government Money M | JPMorgan U.S. Government Money Market Fund - Class Premier          | CUSIP: 4812C0688<br>LEI: 549300NQ5E5B7ZV4T516 | Long             | STIV             | RF                | US        |    378472 | PA      | $378472.23    | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Virtus InfraCap US Preferred S | Virtus InfraCap U.S. Preferred Stock ETF - Class U.S.D INC          | CUSIP: 26923G822<br>LEI: 549300MWBLUUH494LE10 | Long             |  | RF                | US        |     35836 | NS      | $729620.96    | 4.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Principal Spectrum Preferred S | Principal Spectrum Preferred Securities Active ETF                  | CUSIP: 74255Y888<br>LEI: 549300ZZZ8ISR58H5107 | Long             |  | RF                | US        |     73183 | NS      | $1377304.06   | 9.20%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Residential and Multis | iShares Residential and Multisector Real Estate ETF - Class USD INC | CUSIP: 464288562<br>LEI: 5493004WBOUA72JP1U19 | Long             |  | RF                | US        |     47850 | NS      | $3981598.50   | 26.60%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares Core U.S. REIT ETF     | iShares Core U.S. REIT ETF - Class USD INC                          | CUSIP: 464288521<br>LEI: N/A                  | Long             |  | RF                | US        |     66350 | NS      | $3927256.50   | 26.24%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-08

**Name of Applicant:** INVESTMENT MANAGERS SERIES TRUST II

**Signature:** /s/ Scott Schulenburg

**Name of Signer:** Scott Schulenburg

**Title:** President