# EDGAR Filing Document

**Accession Number:** 0001318342
**File Stem:** 0001193125-26-066642
**Filing Date:** 2026-2
**Character Count:** 25843
**Document Hash:** 57ff1c05a2290add34548bdda814a396
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-066642.hdr.sgml**: 20260224

**ACCESSION NUMBER**: 0001193125-26-066642

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260224

**DATE AS OF CHANGE**: 20260224

**PERIOD START**: 20251231

**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:** 26670734

**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

### Robinson Tax Advantaged Income Fund (Series ID: S000046847)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000146391 | Class A Shares             | ROBAX           |
| C000146392 | Class C Shares             | ROBCX           |
| C000146393 | Institutional Class Shares | ROBNX           |

## 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:** Robinson Tax Advantaged Income Fund

- **b. EDGAR series identifier (if any):** S000046847

- **c. LEI of Series:** 549300OGHIULVNECLN58

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**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:** $244273425.69

**Total Liabilities:** $5290560.10

**Net Assets:** $238982865.59

**Cash Not Reported:** $4342204.31

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.000000000000 | **1-Year:** 0.000000000000 | **5-Year:** 0.000000000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.000000000000 | **1-Year:** 0.000000000000 | **5-Year:** 0.000000000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000146391 | 1.00%                | -0.38%               | 1.04%                |
| Class ID C000146392 | 0.81%                | -0.32%               | 0.93%                |
| Class ID C000146393 | 0.90%                | -0.24%               | 1.04%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $49040.56                | $1953385.64                                |
| Month 2  | $16107.06                | $-1242070.69                               |
| Month 3  | $2353527.04              | $-2211442.70                               |

**Designated Index Information**

- **Index Name:** Unhedged Robinson Tax Advantaged Income Fund

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AllianceBernstein National Mun        | AllianceBernstein National Municipal Income Fund, Inc.     | CUSIP: 01864U106<br>LEI: MNYPOOOZYY8V01GEIT28 | Long             |  | RF                | US        |     84467 | NS      | $913932.94    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Municipal Income Tru        | BlackRock Municipal Income Trust                           | CUSIP: 09248F109<br>LEI: R3ITLLW1CUEQICP4XR90 | Long             |  | RF                | US        |   1038657 | NS      | $10417729.71  | 4.36%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock California Municipal        | BlackRock California Municipal Income Trust                | CUSIP: 09248E102<br>LEI: LE6236HQD6DXEGUHE217 | Long             |  | RF                | US        |    555262 | NS      | $5963513.88   | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Investment Quality M        | BlackRock Investment Quality Municipal Trust, Inc.         | CUSIP: 09247D105<br>LEI: HIQUII1IK2OOB2XHIJ72 | Long             |  | RF                | US        |    159331 | NS      | $1784507.20   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Municipal Income Tru        | BlackRock Municipal Income Trust II                        | CUSIP: 09249N101<br>LEI: 17UVWS2OK706BUPLKK60 | Long             |  | RF                | US        |    823485 | NS      | $8597183.40   | 3.60%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock New York Municipal I        | BlackRock New York Municipal Income Trust                  | CUSIP: 09248L106<br>LEI: PJKTUMDJPIZ89SB71052 | Long             |  | RF                | US        |    392164 | NS      | $3976542.96   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Long-Term Municipal         | BlackRock Long-Term Municipal Advantage Trust              | CUSIP: 09250B103<br>LEI: G3XW7SJTEWPATVFP0M68 | Long             |  | RF                | US        |     67182 | NS      | $623448.96    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Municipal Income Qua        | BlackRock Municipal Income Quality Trust                   | CUSIP: 092479104<br>LEI: ZQ1Z8W71OQGQTC6ZJ410 | Long             |  | RF                | US        |    486901 | NS      | $5326696.94   | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| MFS High Income Municipal Trus        | MFS High Income Municipal Trust                            | CUSIP: 59318D104<br>LEI: 0G9TCUWY2FBUXSJY2691 | Long             |  | RF                | US        |    580075 | NS      | $2146277.50   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| BNY Mellon Strategic Municipal        | BNY Mellon Strategic Municipal Bond Fund, Inc.             | CUSIP: 09662E109<br>LEI: 54930044KK4C1VDJ7M52 | Long             |  | RF                | US        |    587374 | NS      | $3624097.58   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Vance Municipal Bond Fun        | Eaton Vance Municipal Bond Fund                            | CUSIP: 27827X101<br>LEI: 5493006Q4EBOXVQBQD12 | Long             |  | RF                | US        |    676797 | NS      | $6585234.81   | 2.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Vance National Municipal        | Eaton Vance National Municipal Opportunities Trust         | CUSIP: 27829L105<br>LEI: 54930084Z1GHZMB5XL81 | Long             |  | RF                | US        |     78454 | NS      | $1326657.14   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuveen AMT-Free Municipal Cred        | Nuveen AMT-Free Municipal Credit Income Fund               | CUSIP: 67071L106<br>LEI: 549300LBMO1C0IG71T03 | Long             |  | RF                | US        |    100000 | NS      | $1266000.00   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuveen New Jersey Quality Muni        | Nuveen New Jersey Quality Municipal Income Fund            | CUSIP: 67069Y102<br>LEI: 5493006CFPL75HL16F31 | Long             |  | RF                | US        |    371039 | NS      | $4689932.96   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuveen Municipal Credit Income        | Nuveen Municipal Credit Income Fund                        | CUSIP: 67070X101<br>LEI: 54930078DL3R0VSYW338 | Long             |  | RF                | US        |    173434 | NS      | $2181799.72   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| PIMCO California Municipal Inc        | PIMCO California Municipal Income Fund                     | CUSIP: 72200N106<br>LEI: M4DHYCROG6SFNO22X437 | Long             |  | RF                | US        |    383833 | NS      | $3350862.09   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB IB MONEY MARKET II   /            | UMB IB MONEY MARKET II   /                                 | CUSIP: SF8888627<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   7602965 | PA      | $7602964.85   | 3.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Quality Municipal Inco        | Invesco Quality Municipal Income Trust                     | CUSIP: 46133G107<br>LEI: WLEGDSEH0E242WVNUY02 | Long             |  | RF                | US        |    573877 | NS      | $5715814.92   | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| PIMCO Municipal Income Fund II        | PIMCO Municipal Income Fund II                             | CUSIP: 72200W106<br>LEI: ZVT714KPY3QTZWRT1S41 | Long             |  | RF                | US        |    292780 | NS      | $2207561.20   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Putnam Managed Municipal Incom        | Putnam Managed Municipal Income Trust                      | CUSIP: 746823103<br>LEI: 549300MCDIUT86HMWI73 | Long             |  | RF                | US        |    230145 | NS      | $1443009.15   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| DWS Municipal Income Trust            | DWS Municipal Income Trust                                 | CUSIP: 233368109<br>LEI: TEL2CK71Z3LE1OCHIB43 | Long             |  | RF                | US        |     48933 | NS      | $444800.97    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| BNY Mellon Strategic Municipal        | BNY Mellon Strategic Municipals, Inc.                      | CUSIP: 05588W108<br>LEI: 549300FH0LKMOBY7N332 | Long             |  | RF                | US        |    846916 | NS      | $5386385.76   | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Putnam Municipal Opportunities        | Putnam Municipal Opportunities Trust                       | CUSIP: 746922103<br>LEI: 549300M74BR4G95PSL96 | Long             |  | RF                | US        |    493396 | NS      | $5279337.20   | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| PIMCO New York Municipal Incom        | PIMCO New York Municipal Income Fund II                    | CUSIP: 72200Y102<br>LEI: P1IBOVZHA4PI2PLT9Q65 | Long             |  | RF                | US        |    196533 | NS      | $1354112.37   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| RiverNorth Flexible Municipal         | RiverNorth Flexible Municipal Income Fund, Inc.            | CUSIP: 76883H104<br>LEI: 549300O6XP1DQZGJLC78 | Long             |  | RF                | US        |    154999 | NS      | $2165336.03   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| RiverNorth Flexible Municipal         | RiverNorth Flexible Municipal Income Fund II, Inc.         | CUSIP: 76883Y107<br>LEI: 549300U301TLYWQNC025 | Long             |  | RF                | US        |    443415 | NS      | $5613633.90   | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| RiverNorth Opportunistic Munic        | RiverNorth Opportunistic Municipal Income Fund, Inc.       | CUSIP: 76883F108<br>LEI: 549300RXJKKPD5ZG2Y84 | Long             |  | RF                | US        |    162647 | NS      | $2327478.57   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| RiverNorth Managed Duration Mu        | RiverNorth Managed Duration Municipal Income Fund, Inc.    | CUSIP: 76882H105<br>LEI: 549300Y5L3V48O754353 | Long             |  | RF                | US        |    394857 | NS      | $5374003.77   | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuveen AMT-Free Quality Munici        | Nuveen AMT-Free Quality Municipal Income Fund              | CUSIP: 670657105<br>LEI: 549300OTYQOOXS64NI63 | Long             |  | RF                | US        |    233254 | NS      | $2712744.02   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuveen Municipal Credit Opport        | Nuveen Municipal Credit Opportunities Fund                 | CUSIP: 670663103<br>LEI: 549300DD3V5NH59YTS11 | Long             |  | RF                | US        |    103386 | NS      | $1057638.78   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| RiverNorth Managed Duration Mu        | RiverNorth Managed Duration Municipal Income Fund II, Inc. | CUSIP: 76882M104<br>LEI: N/A                  | Long             |  | RF                | US        |    168539 | NS      | $2447186.28   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Asset Intermediate Mun        | Western Asset Intermediate Muni Fund, Inc.                 | CUSIP: 958435109<br>LEI: 5493000MG5MROBD48K57 | Long             |  | RF                | US        |    196578 | NS      | $1509719.04   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuveen New York AMT-Free Quali        | Nuveen New York AMT-Free Quality Municipal Income Fund     | CUSIP: 670656107<br>LEI: 549300V4X2BF3UXSCQ58 | Long             |  | RF                | US        |    275353 | NS      | $2778311.77   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuveen Municipal Value Fund In        | Nuveen Municipal Value Fund, Inc.                          | CUSIP: 670928100<br>LEI: 549300TFLBQ7LJSP8B20 | Long             |  | RF                | US        |     85384 | NS      | $773579.04    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| 10 YR T-NOTE FUTURE MAR 2026   /      | 10 YR T-NOTE FUTURE MAR 2026   /                           | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DIR              |  | US        |      -300 | NC      | $195825.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. LONG BOND FUT MAR 2026   /       | U.S. LONG BOND FUT MAR 2026   /                            | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DIR              |  | US        |      -300 | NC      | $324731.25    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Trust for Investment G        | Invesco Trust for Investment Grade Municipals              | CUSIP: 46131M106<br>LEI: V0VF67S6NRLBDK357F71 | Long             |  | RF                | US        |   1168261 | NS      | $12114866.57  | 5.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Advantage Municipal In        | Invesco Advantage Municipal Income Trust II                | CUSIP: 46132E103<br>LEI: DA89O2CSN0WUDR74HM71 | Long             |  | RF                | US        |    453981 | NS      | $4140306.72   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Municipal Trust               | Invesco Municipal Trust                                    | CUSIP: 46131J103<br>LEI: GKS5Y4B1VKHV66WSPK53 | Long             |  | RF                | US        |    587866 | NS      | $5672906.90   | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Federated Hermes Premier Munic        | Federated Hermes Premier Municipal Income Fund             | CUSIP: 31423P108<br>LEI: C0TUI5ZPEIY028NN4Q23 | Long             |  | RF                | US        |    152782 | NS      | $1697408.02   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| VanEck High Yield Muni ETF            | VanEck High Yield Muni ETF                                 | CUSIP: 92189H409<br>LEI: 549300UT41BWOPGYSE94 | Long             |  | RF                | US        |     96212 | NS      | $4918357.44   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Value Municipal Income        | Invesco Value Municipal Income Trust                       | CUSIP: 46132P108<br>LEI: X075VJ33QQP2G2NTOV20 | Long             |  | RF                | US        |    232777 | NS      | $2867812.64   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| MFS Municipal Income Trust            | MFS Municipal Income Trust                                 | CUSIP: 552738106<br>LEI: GV4WN51HRTKYT6CV5890 | Long             |  | RF                | US        |    161488 | NS      | $876879.84    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock MuniHoldings Fund In        | BlackRock MuniHoldings Fund, Inc.                          | CUSIP: 09253N104<br>LEI: MZBVMGS24JR92TGE6Z32 | Long             |  | RF                | US        |    279885 | NS      | $3285849.90   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock MuniHoldings New Yor        | BlackRock MuniHoldings New York Quality Fund, Inc.         | CUSIP: 09255C106<br>LEI: YP1D2S6Y4JY0A7W3DV93 | Long             |  | RF                | US        |    269543 | NS      | $2757424.89   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock MuniYield Michigan Q        | BlackRock MuniYield Michigan Quality Fund, Inc.            | CUSIP: 09254V105<br>LEI: J3H1DOS8Q2FL9RVLS329 | Long             |  | RF                | US        |    565225 | NS      | $6635741.50   | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| NYLI MacKay DefinedTerm Muni O        | NYLI MacKay DefinedTerm Muni Opportunities Fund            | CUSIP: 56064K100<br>LEI: 549300AOV8XDBTKPOR64 | Long             |  | RF                | US        |    379555 | NS      | $5643982.85   | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Asset Managed Municipa        | Western Asset Managed Municipals Fund, Inc.                | CUSIP: 95766M105<br>LEI: 549300HVO8EY2T8K4F73 | Long             |  | RF                | US        |    592100 | NS      | $6181524.00   | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock MuniYield Quality Fu        | BlackRock MuniYield Quality Fund II, Inc.                  | CUSIP: 09254G108<br>LEI: PRQP520S3DVB025IWS24 | Long             |  | RF                | US        |    490980 | NS      | $4934349.00   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock MuniYield Quality Fu        | BlackRock MuniYield Quality Fund, Inc.                     | CUSIP: 09254F100<br>LEI: TFKEE3VA3GBE5LOK5U77 | Long             |  | RF                | US        |    568312 | NS      | $6421925.60   | 2.69%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock MuniAssets Fund Inc         | BlackRock MuniAssets Fund, Inc.                            | CUSIP: 09254J102<br>LEI: UJYLDIG1NIEEIV3PO802 | Long             |  | RF                | US        |     99160 | NS      | $1062003.60   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock MuniHoldings Califor        | BlackRock MuniHoldings California Quality Fund, Inc.       | CUSIP: 09254L107<br>LEI: NKJSRCJXMS5PZYPXY795 | Long             |  | RF                | US        |    254034 | NS      | $2692760.40   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock MuniHoldings Quality        | BlackRock MuniHoldings Quality Fund II, Inc.               | CUSIP: 09254C107<br>LEI: V04K6JK5YHD4O5SHSC34 | Long             |  | RF                | US        |     84859 | NS      | $851135.77    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock MuniHoldings New Jer        | BlackRock MuniHoldings New Jersey Quality Fund, Inc.       | CUSIP: 09254X101<br>LEI: FDX8Y56FK6PN1WE5XX39 | Long             |  | RF                | US        |    427670 | NS      | $5089273.00   | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock MuniVest Fund Inc           | BlackRock MuniVest Fund, Inc.                              | CUSIP: 09253R105<br>LEI: 68LQJ5NLUNQI2T9OLL41 | Long             |  | RF                | US        |    550570 | NS      | $3815450.10   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock MuniVest Fund II Inc        | BlackRock MuniVest Fund II, Inc.                           | CUSIP: 09253T101<br>LEI: TC1SINW7C50S8NN8GU32 | Long             |  | RF                | US        |    483656 | NS      | $5228321.36   | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock MuniYield Fund Inc          | BlackRock MuniYield Fund, Inc.                             | CUSIP: 09253W104<br>LEI: AVXF9RZVI4EDWXACOH81 | Long             |  | RF                | US        |    350068 | NS      | $3672213.32   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock MuniYield Quality Fu        | BlackRock MuniYield Quality Fund III, Inc.                 | CUSIP: 09254E103<br>LEI: UB5J2GS6Q51M6A2L8886 | Long             |  | RF                | US        |    524385 | NS      | $5700064.95   | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock MuniYield New York Q        | BlackRock MuniYield New York Quality Fund, Inc.            | CUSIP: 09255E102<br>LEI: 158AYFGDRFUGVL3TD012 | Long             |  | RF                | US        |    118020 | NS      | $1169578.20   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuveen Quality Municipal Incom        | Nuveen Quality Municipal Income Fund                       | CUSIP: 67066V101<br>LEI: 549300RDIO25ZNWCOA97 | Long             |  | RF                | US        |    187255 | NS      | $2250805.10   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Neuberger Municipal Fund Inc          | Neuberger Municipal Fund, Inc.                             | CUSIP: 64124P101<br>LEI: 549300IIZWX8QVUHXO20 | Long             |  | RF                | US        |    243933 | NS      | $2468601.96   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Municipal Opportunity         | Invesco Municipal Opportunity Trust                        | CUSIP: 46132C107<br>LEI: WERC5RXCUSU16MOTZ848 | Long             |  | RF                | US        |   1174056 | NS      | $11235715.92  | 4.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Pennsylvania Value Mun        | Invesco Pennsylvania Value Municipal Income Trust          | CUSIP: 46132K109<br>LEI: 549300S5KHBL3XISY922 | Long             |  | RF                | US        |    288378 | NS      | $3016433.88   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| ULTRA LONG T-BOND FUTURE MAR 2026   / | ULTRA LONG T-BOND FUTURE MAR 2026   /                      | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DIR              |  | US        |      -200 | NC      | $389925.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-05

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

**Signature:** /s/ Maureen Quill

**Name of Signer:** Maureen Quill

**Title:** President