# EDGAR Filing Document

**Accession Number:** 0001318342
**File Stem:** 0001193125-26-236365
**Filing Date:** 2026-5
**Character Count:** 29745
**Document Hash:** 6472e28ccbe95d7248542abe7a62bfa5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-236365.hdr.sgml**: 20260522

**ACCESSION NUMBER**: 0001193125-26-236365

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260522

**DATE AS OF CHANGE**: 20260522

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Investment Managers Series Trust
- **CENTRAL INDEX KEY:** 0001318342

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21719
- **FILM NUMBER:** 261012864

**BUSINESS ADDRESS:**
- **STREET 1:** 235 WEST GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212
- **BUSINESS PHONE:** 626-914-4141

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Claymore Trust
- **DATE OF NAME CHANGE:** 20050603

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Claymore Equity Trust
- **DATE OF NAME CHANGE:** 20050218

## Series and Classes Contracts Data

### WCM Focused International Equity Fund (Series ID: S000068910)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000220167 | Institutional Class Shares | WCMVX           |
| C000220168 | Investor Class Shares      | WLIVX           |

## Nport-Ex

#### WCM Focused International Equity Fund

#### SCHEDULE OF INVESTMENTS

#### As of March 31, 2026 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| Number<br> of Shares |  | Value |
|  | **COMMON STOCKS — 93.8%** |  |
|  | **BRAZIL — 3.2%** |  |
| 148439 | Cia de Saneamento Basico do Estado de Sao Paulo SABESP - ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$4528861** |
|  | **CANADA — 9.6%** |  |
| 76000 | Brookfield Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3075720 |
| 23050 | Cameco Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2503460 |
| 78500 | Canadian Natural Resources Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3825305 |
| 2250 | Constellation Software, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3949736 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13354221** |
|  | **CHINA — 6.8%** |  |
| 16500 | Alibaba Group Holding Ltd. - ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2070090 |
| 21000 | Baidu, Inc. - ADR\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2339820 |
| 101000 | Kanzhun Ltd. - ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1352390 |
| 10000 | PDD Holdings, Inc. - ADR\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1021800 |
| 615000 | Wuxi Biologics Cayman, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2644801 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9428901** |
|  | **DENMARK — 1.4%** |  |
| 54879 | Novo Nordisk A/S - ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2016803** |
|  | **FRANCE — 2.3%** |  |
| 43000 | Societe Generale S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3139596** |
|  | **GERMANY — 7.4%** |  |
| 53000 | Bayer A.G. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2452647 |
| 217000 | Evotec S.E.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1102807 |
| 3600 | Muenchener Rueckversicherungs-Gesellschaft A.G. in Muenchen | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2273455 |
| 26200 | Siemens Energy A.G. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4517992 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10346901** |
|  | **ISRAEL — 3.0%** |  |
| 140000 | Teva Pharmaceutical Industries Ltd. - ADR\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4216800** |
|  | **ITALY — 4.9%** |  |
| 125000 | Cementir Holding N.V. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2234440 |
| 162000 | Lottomatica Group S.p.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4677535 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6911975** |
|  | **JAPAN — 9.4%** |  |
| 259060 | Japan Exchange Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3025298 |
| 22000 | Kioxia Holdings Corp.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2873202 |
| 65000 | Mizuho Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2631445 |
| 119000 | Sony Group Corp. - ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2463300 |

---

------

#### WCM Focused International Equity Fund

#### SCHEDULE OF INVESTMENTS - Continued

#### As of March 31, 2026 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| Number<br> of Shares |  | Value |
|  | **COMMON STOCKS (Continued)** |  |
|  | **JAPAN (Continued)** |  |
| 8500 | Tokyo Electron Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2111833 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13105078** |
|  | **KAZAKHSTAN — 0.7%** |  |
| 14000 | Kaspi.KZ JSC - ADR\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1036980** |
|  | **NETHERLANDS — 4.0%** |  |
| 35000 | Nebius Group N.V.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3631600 |
| 42000 | Prosus N.V.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1944335 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5575935** |
|  | **RUSSIA — 0.0%** |  |
| 34600 | Sberbank of Russia PJSC - ADR\*<sup>,1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**—** |
|  | **SOUTH KOREA — 2.2%** |  |
| 31000 | KB Financial Group, Inc. - ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3091630** |
|  | **SWEDEN — 1.6%** |  |
| 58000 | Sandvik A.B. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2229615** |
|  | **SWITZERLAND — 4.6%** |  |
| 5700 | Chubb Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1857801 |
| 310000 | Glencore PLC\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2347958 |
| 57000 | UBS Group A.G. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2226990 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6432749** |
|  | **TAIWAN — 6.4%** |  |
| 26500 | Taiwan Semiconductor Manufacturing Co., Ltd. - ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8955675** |
|  | **UNITED KINGDOM — 22.0%** |  |
| 430000 | Babcock International Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6675729 |
| 43000 | British American Tobacco PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2496578 |
| 750000 | Convatec Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2163336 |
| 211000 | Genius Sports Ltd.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;934730 |
| 274000 | Haleon PLC - ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2742740 |
| 483000 | Rentokil Initial PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2997541 |
| 535000 | Rolls-Royce Holdings PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8128105 |
| 430000 | Tesco PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2702597 |
| 152520 | Wise PLC - Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1836720 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**30678076** |
|  | **UNITED STATES — 4.3%** |  |
| 22000 | Bunge Global S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2798400 |

---

------

#### WCM Focused International Equity Fund

#### SCHEDULE OF INVESTMENTS - Continued

#### As of March 31, 2026 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| Number<br> of Shares |  | Value |
|  | **COMMON STOCKS (Continued)** |  |
|  | **UNITED STATES (Continued)** |  |
| 62000 | SLB Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3186180 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5984580** |
|  | **TOTAL COMMON STOCKS** |  |
|  | (Cost $124,109,432) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**131034376** |
|  | **SHORT-TERM INVESTMENTS — 5.9%** |  |
| 8311933 | Morgan Stanley Institutional Liquidity Treasury Portfolio - Institutional Class, 3.46%<sup>2</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8311933 |
|  | **TOTAL SHORT-TERM INVESTMENTS** |  |
|  | (Cost $8,311,933) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8311933** |
|  | **TOTAL INVESTMENTS — 99.7%** |  |
|  | (Cost $132,421,365) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**139346309** |
|  | Other Assets in Excess of Liabilities — 0.3% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;414505 |
|  | **TOTAL NET ASSETS — 100.0%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$139760814** |

---

---

| |
|:---|
| ADR – American Depository Receipt |
| JSC – Joint Stock Company |
| PJSC – Public Joint Stock Company |
| PLC – Public Limited Company |

---

\* Non-income producing security. <br> <sup>1</sup> The value of these securities was determined using significant unobservable inputs. These are reported as Level 3 securities in the Fair Value Hierarchy. <br> <sup>2</sup> The rate is the annualized seven-day yield at period end.

## 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

- **b. Investment Company Act file number:** 811-21719

- **c. CIK number of Registrant:** 0001318342

- **d. LEI of Registrant:** 549300ESWU4ZNAH5Y054

- **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:** WCM Focused International Equity Fund

- **b. EDGAR series identifier (if any):** S000068910

- **c. LEI of Series:** 549300Y3Z9PEZMNQ6P81

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

- **a. Date of fiscal year-end:** 2026-12-31

- **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? **No**

### Fund Information

**Total Assets:** $139873511.00

**Total Liabilities:** $181448.39

**Net Assets:** $139692062.61

**Cash Not Reported:** $2676046.69

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000220167 | 4.96%                | 1.22%                | -7.25%               |
| Class ID C000220168 | 4.93%                | 1.17%                | -7.29%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1308091.87              | $3484619.88                                |
| Month 2  | $233288.27               | $1190388.77                                |
| Month 3  | $947276.74               | $-11278146.34                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Wuxi Biologics Cayman Inc      | Wuxi Biologics Cayman, Inc.                                  | CUSIP: 999999999<br>LEI: 5493001TD2TH6VDTJU11 | Long             | EC               | CORP              | CN        |    615000 | NS      | $2644801.18   | 1.89%             |  |  |  | No            |                  2 | On Loan: No      |
| Kioxia Holdings Corp           | Kioxia Holdings Corp.                                        | CUSIP: J3343A107<br>LEI: 35380080RTKRARNH4R73 | Long             | EC               | CORP              | JP        |     22000 | NS      | $2873202.38   | 2.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyo Electron Ltd             | Tokyo Electron Ltd.                                          | CUSIP: 999999999<br>LEI: 549300H5LSF8DP3RIJ34 | Long             | EC               | CORP              | JP        |      8500 | NS      | $2111833.10   | 1.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Mizuho Financial Group Inc     | Mizuho Financial Group, Inc.                                 | CUSIP: J65910143<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | EC               | CORP              | JP        |     65000 | NS      | $2631444.67   | 1.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Exchange Group Inc       | Japan Exchange Group, Inc.                                   | CUSIP: 999999999<br>LEI: 353800578ADEGIJTVW07 | Long             | EC               | CORP              | JP        |    259060 | NS      | $3025298.29   | 2.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Babcock International Group PL | Babcock International Group PLC                              | CUSIP: 999999999<br>LEI: 213800TSKOLX4EU6L377 | Long             | EC               | CORP              | GB        |    430000 | NS      | $6675728.66   | 4.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Alibaba Group Holding Ltd      | Alibaba Group Holding Ltd. - ADR                             | CUSIP: 01609W102<br>LEI: 5493001NTNQJDH60PM02 | Long             |  | CORP              | CN        |     16500 | NS      | $2070090.00   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| British American Tobacco PLC   | British American Tobacco PLC                                 | CUSIP: 999999999<br>LEI: 213800FKA5MF17RJKT63 | Long             | EC               | CORP              | GB        |     43000 | NS      | $2496578.29   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Bayer AG                       | Bayer A.G.                                                   | CUSIP: 999999999<br>LEI: 549300J4U55H3WP1XT59 | Long             | EC               | CORP              | DE        |     53000 | NS      | $2452646.67   | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Bunge Global SA                | Bunge Global S.A.                                            | CUSIP: H11356104<br>LEI: 254900IVXSV9K0B7PO26 | Long             | EC               | CORP              | US        |     22000 | NS      | $2798400.00   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Baidu Inc                      | Baidu, Inc. - ADR                                            | CUSIP: 056752108<br>LEI: 254900AL64IANZYI1E02 | Long             |  | CORP              | CN        |     21000 | NS      | $2339820.00   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Corp                | Brookfield Corp.                                             | CUSIP: 11271J107<br>LEI: C6J3FGIWG6MBDGTE8F80 | Long             | EC               | CORP              | CA        |     76000 | NS      | $3075720.00   | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| SLB Ltd                        | SLB Ltd.                                                     | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |     62000 | NS      | $3186180.00   | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Sony Group Corp                | Sony Group Corp. - ADR                                       | CUSIP: 835699307<br>LEI: 529900R5WX9N2OI2N910 | Long             |  | CORP              | JP        |    119000 | NS      | $2463300.00   | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Teva Pharmaceutical Industries | Teva Pharmaceutical Industries Ltd. - ADR                    | CUSIP: 881624209<br>LEI: 549300BAFGM4RC74ZJ94 | Long             |  | CORP              | IL        |    140000 | NS      | $4216800.00   | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesco PLC                      | Tesco PLC                                                    | CUSIP: 999999999<br>LEI: 2138002P5RNKC5W2JZ46 | Long             | EC               | CORP              | GB        |    430000 | NS      | $2702596.96   | 1.93%             |  |  |  | No            |                  2 | On Loan: No      |
| TSMC                           | Taiwan Semiconductor Manufacturing Co., Ltd. - ADR           | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             |  | CORP              | TW        |     26500 | NS      | $8955675.00   | 6.41%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS Group AG                   | UBS Group A.G.                                               | CUSIP: H42097107<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | EC               | CORP              | CH        |     57000 | NS      | $2226990.00   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Wise PLC                       | Wise PLC - Class A                                           | CUSIP: 999999999<br>LEI: 213800LD9XCHIC1C4V71 | Long             | EC               | CORP              | GB        |    152520 | NS      | $1836720.33   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Natural Resources Ltd | Canadian Natural Resources Ltd.                              | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |     78500 | NS      | $3825305.00   | 2.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Software Inc/Can | Constellation Software, Inc./Canada                          | CUSIP: 21037X951<br>LEI: 549300B6PYHMCTDWQV29 | Long             | EC               | CORP              | CA        |      2250 | NS      | $3949735.82   | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Convatec Group PLC             | Convatec Group PLC                                           | CUSIP: 999999999<br>LEI: 213800LS272L4FIDOH92 | Long             | EC               | CORP              | GB        |    750000 | NS      | $2163335.54   | 1.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Siemens Energy AG              | Siemens Energy A.G.                                          | CUSIP: 999999999<br>LEI: 5299005CHJZ14D4FDJ62 | Long             | EC               | CORP              | DE        |     26200 | NS      | $4517991.96   | 3.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Evotec SE                      | Evotec S.E.                                                  | CUSIP: 999999999<br>LEI: 529900F9KI6OYITO9B12 | Long             | EC               | CORP              | DE        |    217000 | NS      | $1102807.44   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Genius Sports Ltd              | Genius Sports Ltd.                                           | CUSIP: G3934V109<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |    211000 | NS      | $934730.00    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Societe Generale SA            | Societe Generale S.A.                                        | CUSIP: 999999999<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | EC               | CORP              | FR        |     43000 | NS      | $3139596.39   | 2.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Kanzhun Ltd                    | Kanzhun Ltd. - ADR                                           | CUSIP: 48553T106<br>LEI: 254900F4ZCBITP7L0251 | Long             |  | CORP              | CN        |    101000 | NS      | $1352390.00   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Glencore PLC                   | Glencore PLC                                                 | CUSIP: 999999999<br>LEI: 2138002658CPO9NBH955 | Long             | EC               | CORP              | CH        |    310000 | NS      | $2347957.64   | 1.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Haleon PLC                     | Haleon PLC - ADR                                             | CUSIP: 405552100<br>LEI: 549300PSB3WWEODCUP19 | Long             |  | CORP              | GB        |    274000 | NS      | $2742740.00   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| KB Financial Group Inc         | KB Financial Group, Inc. - ADR                               | CUSIP: 48241A105<br>LEI: 529900TKE4MXG3Q6GW86 | Long             |  | CORP              | KR        |     31000 | NS      | $3091630.00   | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Kaspi.KZ JSC                   | Kaspi.KZ JSC - ADR                                           | CUSIP: 48581R205<br>LEI: 2549003YU6FARG8OAZ13 | Long             |  | CORP              | KZ        |     14000 | NS      | $1036980.00   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Lottomatica Group Spa          | Lottomatica Group S.p.A.                                     | CUSIP: 999999999<br>LEI: 549300R72LKEGT4EX026 | Long             | EC               | CORP              | IT        |    162000 | NS      | $4677534.67   | 3.35%             |  |  |  | No            |                  1 | On Loan: No      |
| MSILF Treasury Portfolio       | MSILF Treasury Portfolio - Class Institutional               | CUSIP: 61747C582<br>LEI: 549300D1XR6GP7EZ0T47 | Long             | STIV             | RF                | US        |   5637439 | PA      | $5637438.51   | 4.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Munich Re                      | Muenchener Rueckversicherungs-Gesellschaft A.G. in Muenchen  | CUSIP: 999999999<br>LEI: 529900MUF4C20K50JS49 | Long             | EC               | CORP              | DE        |      3600 | NS      | $2273454.51   | 1.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Nebius Group NV                | Nebius Group N.V.                                            | CUSIP: N97284108<br>LEI: 549300GGZHJ5Q1B18P93 | Long             | EC               | CORP              | NL        |     35000 | NS      | $3631600.00   | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Ltd                      | Chubb Ltd.                                                   | CUSIP: H1467J104<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |      5700 | NS      | $1857801.00   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Cameco Corp                    | Cameco Corp.                                                 | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |     23050 | NS      | $2503460.50   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Cementir Holding NV            | Cementir Holding N.V.                                        | CUSIP: 999999999<br>LEI: 8156008B101B97A43B02 | Long             | EC               | CORP              | IT        |    125000 | NS      | $2234440.01   | 1.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Novo Nordisk A/S               | Novo Nordisk A/S - ADR                                       | CUSIP: 670100205<br>LEI: 549300DAQ1CVT6CXN342 | Long             |  | CORP              | DK        |     54879 | NS      | $2016803.25   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| PDD Holdings Inc               | PDD Holdings, Inc. - ADR                                     | CUSIP: 722304102<br>LEI: 5493000573DS7005T657 | Long             |  | CORP              | CN        |     10000 | NS      | $1021800.00   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Prosus NV                      | Prosus N.V.                                                  | CUSIP: 999999999<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | EC               | CORP              | NL        |     42000 | NS      | $1944334.95   | 1.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Rolls-Royce Holdings PLC       | Rolls-Royce Holdings PLC                                     | CUSIP: G7630U109<br>LEI: 213800EC7997ZBLZJH69 | Long             | EC               | CORP              | GB        |    535000 | NS      | $8128105.23   | 5.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Rentokil Initial PLC           | Rentokil Initial PLC                                         | CUSIP: 999999999<br>LEI: 549300VN4WV7Z6T14K68 | Long             | EC               | CORP              | GB        |    483000 | NS      | $2997540.83   | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Sandvik AB                     | Sandvik A.B.                                                 | CUSIP: 999999999<br>LEI: 5299008ZUAXN43LVZF54 | Long             | EC               | CORP              | SE        |     58000 | NS      | $2229615.28   | 1.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Sberbank of Russia PJSC        | Sberbank of Russia PJSC - ADR                                | CUSIP: 80585Y308<br>LEI: 549300WE6TAF5EEWQS81 | Long             | EC               | CORP              | RU        |     34600 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Cia de Saneamento Basico do Es | Cia de Saneamento Basico do Estado de Sao Paulo SABESP - ADR | CUSIP: 20441A102<br>LEI: 254900UOXRZRS2TNWP19 | Long             |  | CORP              | BR        |    148439 | NS      | $4528860.50   | 3.24%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-06

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

**Signature:** /s/ Maureen Quill

**Name of Signer:** Maureen Quill

**Title:** President