# EDGAR Filing Document

**Accession Number:** 0001318342
**File Stem:** 0001193125-26-236371
**Filing Date:** 2026-5
**Character Count:** 30194
**Document Hash:** c2e380a93cf1416d0cf3b437f31b377d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-236371.hdr.sgml**: 20260522

**ACCESSION NUMBER**: 0001193125-26-236371

**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:** 261012870

**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 Emerging Markets Fund (Series ID: S000041213)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000127811 | Institutional Class | WCMEX           |
| C000127812 | Investor Class      | WFEMX           |

## Nport-Ex

#### WCM Focused Emerging Markets Fund

#### SCHEDULE OF INVESTMENTS

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

------

---

| | | |
|:---|:---|:---|
| Number<br> of Shares |  | Value |
|  | **COMMON STOCKS — 93.7%** |  |
|  | **BRAZIL — 10.7%** |  |
| 1017880 | Cia de Saneamento Basico do Estado de Sao Paulo SABESP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$31095067 |
| 2784717 | Inter & Co., Inc. - Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22166347 |
| 567573 | NU Holdings, Ltd. - Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8156024 |
| 2682414 | PRIO S.A.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34286884 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**95704322** |
|  | **CHINA — 20.6%** |  |
| 993453 | Alibaba Group Holding Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15571868 |
| 44783 | Baidu, Inc. - ADR\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4989722 |
| 3206000 | China Hongqiao Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14482156 |
| 391859 | Contemporary Amperex Technology Co., Ltd. - Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23184754 |
| 7706336 | Jiangsu Zhongtian Technology Co., Ltd. - Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34163470 |
| 44394 | Kweichow Moutai Co., Ltd. - Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9348687 |
| 1285446 | Melco Resorts & Entertainment Ltd. - ADR\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7301333 |
| 61257 | PDD Holdings, Inc. - ADR\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6259240 |
| 2124000 | Ping An Insurance Group Co. of China Ltd. - Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16331900 |
| 557514 | Tencent Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35163739 |
| 4788739 | Wasion Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17384676 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**184181545** |
|  | **GREECE — 2.8%** |  |
| 3081596 | Piraeus Bank S.A.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**25317384** |
|  | **INDIA — 7.5%** |  |
| 8925655 | Federal Bank, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24656773 |
| 1168743 | ICICI Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15003443 |
| 1461855 | Meesho Ltd.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2200618 |
| 570836 | Phoenix Mills Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9149168 |
| 844282 | Shriram Finance Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7855048 |
| 2367713 | Tata Capital Ltd.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7711408 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**66576458** |
|  | **INDONESIA — 1.5%** |  |
| 18681952 | Bank Central Asia Tbk P.T. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7216483 |
| 22183190 | Bank Mandiri Persero Tbk P.T. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6226874 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13443357** |
|  | **KAZAKHSTAN — 0.9%** |  |
| 112699 | Kaspi.KZ JSC - ADR\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8347615** |
|  | **MEXICO — 3.4%** |  |
| 1823939 | Cemex S.A.B. de C.V. - ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20865862 |

---

------

#### WCM Focused Emerging Markets Fund

#### SCHEDULE OF INVESTMENTS - Continued

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

------

---

| | | |
|:---|:---|:---|
| Number<br> of Shares |  | Value |
|  | **COMMON STOCKS (Continued)** |  |
|  | **MEXICO (Continued)** |  |
| 398625 | Grupo Aeroportuario del Pacifico S.A.B. de C.V. - Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9833847 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**30699709** |
|  | **PERU — 3.0%** |  |
| 77418 | Credicorp Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**26258637** |
|  | **POLAND — 1.3%** |  |
| 434639 | XTB S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11118689** |
|  | **RUSSIA — 0.0%** |  |
| 15336645 | Moscow Exchange MICEX-RTS PJSC\*<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;**—** |
|  | **SAUDI ARABIA — 1.0%** |  |
| 188723 | Bupa Arabia for Cooperative Insurance Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8990786** |
|  | **SINGAPORE — 2.5%** |  |
| 269199 | Sea Ltd. - ADR\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**22292369** |
|  | **SOUTH AFRICA — 1.5%** |  |
| 53637 | Capitec Bank Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13178257** |
|  | **SOUTH KOREA — 15.1%** |  |
| 488177 | Coupang, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9216782 |
| 123605 | Coway Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5987614 |
| 119220 | HD Hyundai Marine Solution Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14720715 |
| 58930 | Hyundai Rotem Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6786132 |
| 411972 | Samsung Electronics Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33255858 |
| 325554 | Shinhan Financial Group Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19403461 |
| 30054 | SK hynix, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17051592 |
| 58588 | SK Square Co., Ltd.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19290246 |
| 97706 | ST. Pharm Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9548914 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**135261314** |
|  | **TAIWAN — 21.9%** |  |
| 4888370 | Lite-On Technology Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22370325 |
| 224486 | MediaTek, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10767510 |
| 2446710 | Taiwan Semiconductor Manufacturing Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141504313 |
| 450000 | Universal Microwave Technology, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20889890 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**195532038** |
|  | **TOTAL COMMON STOCKS** |  |
|  | (Cost $638,753,425) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**836902480** |

---

------

#### WCM Focused Emerging Markets Fund

#### SCHEDULE OF INVESTMENTS - Continued

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

------

---

| | | |
|:---|:---|:---|
| Principal<br> Amount |  | Value |
|  | **BANK DEPOSIT INVESTMENTS — 4.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$35884403 | UMB Bank, Money Market Special II, 3.43%<sup>2</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$35884403 |
|  | **TOTAL BANK DEPOSIT INVESTMENTS** |  |
|  | (Cost $35,884,403) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**35884403** |
|  | **TOTAL INVESTMENTS — 97.7%** |  |
|  | (Cost $674,637,828) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**872786883** |
|  | Other Assets in Excess of Liabilities — 2.3% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20701483 |
|  | **TOTAL NET ASSETS — 100.0%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$893488366** |

---

ADR – American Depository Receipt <br> JSC – Joint Stock Company <br> PJSC – Public Joint Stock 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 Emerging Markets Fund

- **b. EDGAR series identifier (if any):** S000041213

- **c. LEI of Series:** 5493004PSCRWO0N8YL71

**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:** $896024049.66

**Total Liabilities:** $2813516.82

**Net Assets:** $893210532.84

**Cash Not Reported:** $232741.10

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000127811 | 8.15%                | 2.81%                | -8.16%               |
| Class ID C000127812 | 8.12%                | 2.81%                | -8.16%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $14038333.77             | $59583805.17                               |
| Month 2  | $28130577.64             | $-643938.88                                |
| Month 3  | $3892594.71              | $-86462259.41                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| TSMC                            | Taiwan Semiconductor Manufacturing Co., Ltd.              | CUSIP: 999999999<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |   2446710 | NS      | $141504313.40 | 15.84%            |  |  |  | No            |                  2 | On Loan: No      |
| ST Pharm Co Ltd                 | ST Pharm Co., Ltd.                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     97706 | NS      | $9548914.47   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| MediaTek Inc                    | MediaTek, Inc.                                            | CUSIP: 999999999<br>LEI: 254900UEGBK1I4DM4E14 | Long             | EC               | CORP              | TW        |    224486 | NS      | $10767509.96  | 1.21%             |  |  |  | No            |                  2 | On Loan: No      |
| CATL                            | Contemporary Amperex Technology Co., Ltd. - Class A       | CUSIP: 999999999<br>LEI: 300300KINDY1K0E9I032 | Long             | EC               | CORP              | CN        |    391859 | NS      | $23184754.48  | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Wasion Holdings Ltd             | Wasion Holdings Ltd.                                      | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |   4788739 | NS      | $17384676.23  | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Microwave Technology  | Universal Microwave Technology, Inc.                      | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    450000 | NS      | $20889889.58  | 2.34%             |  |  |  | No            |                  2 | On Loan: No      |
| SK Square Co Ltd                | SK Square Co., Ltd.                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     58588 | NS      | $19290246.12  | 2.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Sea Ltd                         | Sea Ltd. - ADR                                            | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             |  | CORP              | SG        |    269199 | NS      | $22292369.19  | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Shriram Finance Ltd             | Shriram Finance Ltd.                                      | CUSIP: 999999999<br>LEI: 335800TM2YO24B76XL26 | Long             | EC               | CORP              | IN        |    844282 | NS      | $7855048.09   | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| UMB MONEY MARKET II SPECIAL   / | UMB MONEY MARKET II SPECIAL   /                           | CUSIP: SF8888628<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |  35654360 | PA      | $35654360.48  | 3.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Tata Capital Ltd                | Tata Capital Ltd.                                         | CUSIP: 999999999<br>LEI: 335800TXSHN87ZZ57925 | Long             | EC               | CORP              | IN        |   2367713 | NS      | $7711408.05   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Piraeus Bank SA                 | Piraeus Bank S.A.                                         | CUSIP: 999999999<br>LEI: M6AD1Y1KW32H8THQ6F76 | Long             | EC               | CORP              | GR        |   3081596 | NS      | $25317384.06  | 2.83%             |  |  |  | No            |                  2 | On Loan: No      |
| TAIWANESE DOLLAR  /             | TAIWANESE DOLLAR  /                                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | STIV             |  | TW        | 654326400 | OU      | $20466887.71  | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| XTB SA                          | XTB S.A.                                                  | CUSIP: 999999999<br>LEI: 259400AVUPSABLEXNT19 | Long             | EC               | CORP              | PL        |    434639 | NS      | $11118688.97  | 1.24%             |  |  |  | No            |                  2 | On Loan: No      |
| HD Hyundai Marine Solution Co   | HD Hyundai Marine Solution Co., Ltd.                      | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    119220 | NS      | $14720715.01  | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Kweichow Moutai Co Ltd          | Kweichow Moutai Co., Ltd. - Class A                       | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     44394 | NS      | $9348686.73   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ZTT                             | Jiangsu Zhongtian Technology Co., Ltd. - Class A          | CUSIP: 999999999<br>LEI: 3003006LG5TV3D5D3508 | Long             | EC               | CORP              | CN        |   7706336 | NS      | $34163469.68  | 3.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Tencent Holdings Ltd            | Tencent Holdings Ltd.                                     | CUSIP: G87572163<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | CN        |    557514 | NS      | $35163738.70  | 3.94%             |  |  |  | No            |                  2 | On Loan: No      |
| SK hynix Inc                    | SK hynix, Inc.                                            | CUSIP: 999999999<br>LEI: 988400XAIK6XISWQV045 | Long             | EC               | CORP              | KR        |     30054 | NS      | $17051591.51  | 1.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Electronics Co Ltd      | Samsung Electronics Co., Ltd.                             | CUSIP: 999999999<br>LEI: 9884007ER46L6N7EI764 | Long             |  | CORP              | KR        |    411972 | NS      | $33255858.28  | 3.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Coway Co Ltd                    | Coway Co., Ltd.                                           | CUSIP: Y9694W104<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    123605 | NS      | $5987614.26   | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Shinhan Financial Group Co Ltd  | Shinhan Financial Group Co., Ltd.                         | CUSIP: 999999999<br>LEI: 988400EB8A6G49E5KO54 | Long             | EC               | CORP              | KR        |    325554 | NS      | $19403460.70  | 2.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Hyundai Rotem Co Ltd            | Hyundai Rotem Co., Ltd.                                   | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     58930 | NS      | $6786131.82   | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| China Hongqiao Group Ltd        | China Hongqiao Group Ltd.                                 | CUSIP: 999999999<br>LEI: 3003009Q4IBFSDE24571 | Long             | EC               | CORP              | CN        |   3206000 | NS      | $14482156.02  | 1.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Lite-On Technology Corp         | Lite-On Technology Corp.                                  | CUSIP: 999999999<br>LEI: 2549005GU1PQ73SZBT32 | Long             | EC               | CORP              | TW        |   4888370 | NS      | $22370324.85  | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| PING AN                         | Ping An Insurance Group Co. of China Ltd. - Class H       | CUSIP: Y6898C108<br>LEI: 529900M9MC28JLN35U89 | Long             | EC               | CORP              | CN        |   2124000 | NS      | $16331900.07  | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Alibaba Group Holding Ltd       | Alibaba Group Holding Ltd.                                | CUSIP: 999999999<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | CN        |    993453 | NS      | $15571867.72  | 1.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Credicorp Ltd                   | Credicorp Ltd.                                            | CUSIP: G2519Y108<br>LEI: 529900UYAEYQCQ2BKB17 | Long             | EC               | CORP              | PE        |     77418 | NS      | $26258637.24  | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Central Asia Tbk PT        | Bank Central Asia Tbk P.T.                                | CUSIP: 019452379<br>LEI: 254900BR956G2OHVOM21 | Long             | EC               | CORP              | ID        |  18681952 | NS      | $7216483.26   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Baidu Inc                       | Baidu, Inc. - ADR                                         | CUSIP: 056752108<br>LEI: 254900AL64IANZYI1E02 | Long             |  | CORP              | CN        |     44783 | NS      | $4989721.86   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Mandiri Persero Tbk PT     | Bank Mandiri Persero Tbk P.T.                             | CUSIP: 999999999<br>LEI: 549300RSKQN4Z5ZSGH94 | Long             | EC               | CORP              | ID        |  22183190 | NS      | $6226873.97   | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Bupa Arabia for Cooperative In  | Bupa Arabia for Cooperative Insurance Co.                 | CUSIP: 999999999<br>LEI: 558600B2WJHD5P31XS68 | Long             | EC               | CORP              | SA        |    188723 | NS      | $8990785.65   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Capitec Bank Holdings Ltd       | Capitec Bank Holdings Ltd.                                | CUSIP: S64408594<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |     53637 | NS      | $13178257.12  | 1.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Coupang Inc                     | Coupang, Inc.                                             | CUSIP: 22266T109<br>LEI: 549300XR4L1D80AK4W76 | Long             | EC               | CORP              | KR        |    488177 | NS      | $9216781.76   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Cemex SAB de CV                 | Cemex S.A.B. de C.V. - ADR                                | CUSIP: 151290889<br>LEI: 549300RIG2CXWN6IV731 | Long             |  | CORP              | MX        |   1823939 | NS      | $20865862.16  | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Bank Ltd                | Federal Bank Ltd.                                         | CUSIP: 999999999<br>LEI: 335800J8VWGE2HGWF417 | Long             | EC               | CORP              | IN        |   8925655 | NS      | $24656772.81  | 2.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Pacifi  | Grupo Aeroportuario del Pacifico S.A.B. de C.V. - Class B | CUSIP: 999999999<br>LEI: 4469000001BZ368XFI90 | Long             | EC               | CORP              | MX        |    398625 | NS      | $9833847.22   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ICICI Bank Ltd                  | ICICI Bank Ltd.                                           | CUSIP: 999999999<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |   1168743 | NS      | $15003442.90  | 1.68%             |  |  |  | No            |                  2 | On Loan: No      |
| INDIAN RUPIES  /                | INDIAN RUPIES  /                                          | CUSIP: 999999999<br>LEI: N/A                  | Long             | STIV             |  | IN        |  27672880 | OU      | $291757.83    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Inter & Co Inc                  | Inter & Co., Inc. - Class A                               | CUSIP: G4R20B107<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |   2784717 | NS      | $22166347.32  | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Kaspi.KZ JSC                    | Kaspi.KZ JSC - ADR                                        | CUSIP: 48581R205<br>LEI: 2549003YU6FARG8OAZ13 | Long             |  | CORP              | KZ        |    112699 | NS      | $8347614.93   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Meesho Ltd                      | Meesho Ltd.                                               | CUSIP: 999999999<br>LEI: 984500M5ED0E01BBA079 | Long             | EC               | CORP              | IN        |   1461855 | NS      | $2200618.20   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Melco Resorts & Entertainment   | Melco Resorts & Entertainment Ltd. - ADR                  | CUSIP: 585464100<br>LEI: 529900NRV6LBR3T6B421 | Long             |  | CORP              | CN        |   1285446 | NS      | $7301333.28   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Moscow Exchange MICEX-RTS PJSC  | Moscow Exchange MICEX-RTS PJSC                            | CUSIP: 999999999<br>LEI: 253400M5M1222KPNWE87 | Long             | EC               | CORP              | RU        |  15336645 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| NU Holdings Ltd/Cayman Islands  | NU Holdings Ltd./Cayman Islands - Class A                 | CUSIP: G6683N103<br>LEI: 5493002DG1RHWK9W2X27 | Long             | EC               | CORP              | BR        |    567573 | NS      | $8156024.01   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| PDD Holdings Inc                | PDD Holdings, Inc. - ADR                                  | CUSIP: 722304102<br>LEI: 5493000573DS7005T657 | Long             |  | CORP              | CN        |     61257 | NS      | $6259240.26   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Phoenix Mills Ltd/The           | Phoenix Mills Ltd.                                        | CUSIP: 999999999<br>LEI: 33580037PCXCE5PNQU51 | Long             | EC               | CORP              | IN        |    570836 | NS      | $9149167.62   | 1.02%             |  |  |  | No            |                  2 | On Loan: No      |
| PRIO SA/Brazil                  | PRIO S.A./Brazil                                          | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |   2682414 | NS      | $34286884.10  | 3.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Cia de Saneamento Basico do Es  | Cia de Saneamento Basico do Estado de Sao Paulo SABESP    | CUSIP: 999999999<br>LEI: 254900UOXRZRS2TNWP19 | Long             | EC               | CORP              | BR        |   1017880 | NS      | $31095066.45  | 3.48%             |  |  |  | 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