# EDGAR Filing Document

**Accession Number:** 0001318342
**File Stem:** 0001398344-26-000122
**Filing Date:** 2026-1
**Character Count:** 4314
**Document Hash:** 37c86e5e1f035bd410b0da740ac8c90f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001398344-26-000122.hdr.sgml**: 20260105

**ACCESSION NUMBER**: 0001398344-26-000122

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260105

**DATE AS OF CHANGE**: 20260105

**EFFECTIVENESS DATE**: 20260105

**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:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-122901
- **FILM NUMBER:** 26505276

**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

### Bahl & Gaynor Income Growth Fund (Series ID: S000037608)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | AFNAX         | C000116044 |
| Class C    | AFYCX         | C000116045 |
| Class I    | AFNIX         | C000116046 |

---

## Series and Classes Contracts Data

### Bahl & Gaynor Income Growth Fund (Series ID: S000037608)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000116044 | Class A      | AFNAX           |
| C000116045 | Class C      | AFYCX           |
| C000116046 | Class I      | AFNIX           |

**Bahl & Gaynor Income Growth Fund**

Class A Shares (Ticker Symbol: AFNAX)

Class C Shares (Ticker Symbol: AFYCX)

Class I Shares (Ticker Symbol: AFNIX)

 

*A series of Investment Managers Series Trust*

**Supplement dated January 5, 2026, to the currently effective**

**Prospectus, Statement of Additional Information ("SAI"), and Summary Prospectus.**

Effective immediately, J. Eric Strange, CFA no longer serves as a portfolio manager of the Bahl & Gaynor Income Growth Fund (the "Fund"). Accordingly, all references in the Prospectus, SAI and Summary Prospectus to Mr. Strange as a portfolio manager of the Fund are hereby deleted. The following individuals will continue to serve as portfolio managers of the Fund:

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| | | |
|:---|:---|:---|
| **Name and Title** | **Name and Title** | **Managed the**<br> **Fund Since:** |
| Vere W. Gaynor – Co-Founder | July 5, 2012 | July 5, 2012 |
| Charles A. Pettengill, CFA, CIC, CPA – Board Chairman, Portfolio Manager and Principal | July 5, 2012 | July 5, 2012 |
| Eleanor K. Moffat, CFA, CIC – Vice President, Portfolio Manager and Principal | July 5, 2012 | July 5, 2012 |
| Scott D. Rodes, CFA, CIC – Portfolio Manager and Principal | July 5, 2012 | July 5, 2012 |
| Edward A. Woods, CFA, CIC – Portfolio Manager and Principal | July 5, 2012 | July 5, 2012 |
| John B. Schmitz, CFA, CIC – Portfolio Manager and Principal | July 5, 2012 | July 5, 2012 |
| Ellis D. Hummel, CFP – Portfolio Manager and Principal | July 5, 2012 | July 5, 2012 |
| Stephanie S. Thomas, CFA – Managing Director, Portfolio Manager and Principal | January 2, 2013 | January 2, 2013 |
| Nicholas W. Puncer, CFA, CFP<sup>®</sup> – Managing Director, Portfolio Manager and Principal | November 1, 2014 | November 1, 2014 |
| Christopher M. Rowane, CFA – Portfolio Manager and Principal | November 1, 2014 | November 1, 2014 |
| W. Jeff Bahl – Portfolio Manager and Principal | November 1, 2014 | November 1, 2014 |
| James E. Russell, Jr., CFA – Portfolio Manager and Principal | January 2, 2015 | January 2, 2015 |
| Kevin T. Gade, CFA, CFP<sup>®</sup> – Chief Operating Officer, Portfolio Manager and Principal | June 30, 2019 | June 30, 2019 |
| Peter M. Kwiatkowski, CFA – Chief Investment Officer, Portfolio Manager and Principal | June 30, 2019 | June 30, 2019 |
| Keith H. Rennekamp, CFA, CFP<sup>®</sup> – Portfolio Manager and Principal | June 30, 2019 | June 30, 2019 |
| Robert S. Groenke – Chief Executive Officer, President, Portfolio Manager and Principal | June 30, 2021 | June 30, 2021 |

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***Please file this Supplement with your records****.*