# EDGAR Filing Document

**Accession Number:** 0001318342
**File Stem:** 0001145549-23-006785
**Filing Date:** 2023-2
**Character Count:** 20572
**Document Hash:** cdc01c9496022ec3cd26398707eb7d51
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-006785.hdr.sgml**: 20230217

**ACCESSION NUMBER**: 0001145549-23-006785

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230217

**DATE AS OF CHANGE**: 20230217

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Investment Managers Series Trust
- **CENTRAL INDEX KEY:** 0001318342
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21719
- **FILM NUMBER:** 23640826

**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           |

## 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:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $1438809235.99

**Total Liabilities:** $2854949.72

**Net Assets:** $1435954286.27

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000127811 | -2.30%               | 15.23%               | -2.27%               |
| Class ID C000127812 | -2.33%               | 15.26%               | -2.29%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-17200427.28            | $-13329464.53                              |
| Month 2  | $-80676557.90            | $283704869.37                              |
| Month 3  | $-5476794.99             | $-28298892.95                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| H&T INTELLIGENT                 | Shenzhen H&T Intelligent Control Co., Ltd. - Class A | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    6237395 | NS      | $13081867.62  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electronics Co Ltd      | Samsung Electronics Co., Ltd.                        | CUSIP: 999999999<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |     310241 | NS      | $13617483.73  | 0.95%             |  |  |  | No            |                  2 | On Loan: No      |
| AIA Group Ltd                   | AIA Group Ltd.                                       | CUSIP: Y002A1105<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | EC               | CORP              | HK        |    7508246 | NS      | $83494427.37  | 5.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Yadea Group Holdings Ltd        | Yadea Group Holdings Ltd.                            | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    8376000 | NS      | $14014548.72  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Airtac International Group      | Airtac International Group                           | CUSIP: G01408106<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     831629 | NS      | $25190629.70  | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| SHENZHOU INTL                   | Shenzhou International Group Holdings Ltd.           | CUSIP: 999999999<br>LEI: 529900B4W41TCUKJFM73 | Long             | EC               | CORP              | CN        |    4113620 | NS      | $46271966.69  | 3.22%             |  |  |  | No            |                  1 | On Loan: No      |
| China Mengniu Dairy Co Ltd      | China Mengniu Dairy Co., Ltd.                        | CUSIP: G21096105<br>LEI: 2549005Q343BSJ8RSS21 | Long             | EC               | CORP              | HK        |   11248330 | NS      | $51014141.57  | 3.55%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                            | Taiwan Semiconductor Manufacturing Co., Ltd.         | CUSIP: 999999999<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    8006000 | NS      | $116825527.48 | 8.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Li Ning Co Ltd                  | Li Ning Co., Ltd.                                    | CUSIP: 999999999<br>LEI: 529900T77L2FV3FZ3U81 | Long             | EC               | CORP              | CN        |    6794000 | NS      | $58970405.48  | 4.11%             |  |  |  | No            |                  1 | On Loan: No      |
| WuXi AppTec Co Ltd              | WuXi AppTec Co., Ltd. - Class H                      | CUSIP: 999999999<br>LEI: 254900OEPQLZSPLN9175 | Long             | EC               | CORP              | CN        |    3484402 | NS      | $36805963.09  | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| CHINA OVS PPT                   | China Overseas Property Holdings Ltd.                | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |   20305000 | NS      | $21149144.83  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| HKEX                            | Hong Kong Exchanges & Clearing Ltd.                  | CUSIP: 999999999<br>LEI: 213800YTVSXYQN17BW16 | Long             | EC               | CORP              | HK        |     613417 | NS      | $26499803.01  | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Angel Yeast Co Ltd              | Angel Yeast Co., Ltd. - Class A                      | CUSIP: 999999999<br>LEI: 3003002K1DZ78FXZXI48 | Long             | EC               | CORP              | CN        |    5022361 | NS      | $32669874.19  | 2.28%             |  |  |  | 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        |      86700 | NS      | $21538745.92  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Xiamen Faratronic Co Ltd        | Xiamen Faratronic Co., Ltd. - Class A                | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    1299224 | NS      | $29880451.27  | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastroc Beverage Group Co Ltd   | Eastroc Beverage Group Co., Ltd. - Class A           | CUSIP: 999999999<br>LEI: 836800LQ338417RCIL29 | Long             | EC               | CORP              | CN        |     840806 | NS      | $21516950.88  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Techtronic Industries Co Ltd    | Techtronic Industries Co., Ltd.                      | CUSIP: 999999999<br>LEI: 549300HZW2SBE758OK89 | Long             | EC               | CORP              | HK        |    3847885 | NS      | $42937772.53  | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Qingdao Haier Biomedical Co Lt  | Qingdao Haier Biomedical Co., Ltd. - Class A         | CUSIP: 999999999<br>LEI: 65560007PZ5ME4672K78 | Long             | EC               | CORP              | CN        |    1445249 | NS      | $13159984.13  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Arca Continental SAB de CV      | Arca Continental S.A.B. de C.V.                      | CUSIP: 999999999<br>LEI: 254900U2BSJCQHJCXN24 | Long             | EC               | CORP              | MX        |    2545103 | NS      | $20667492.81  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Surest  | Grupo Aeroportuario del Sureste S.A.B. de C.V. - ADR | CUSIP: 40051E202<br>LEI: 5299001W7JIDXCUOUC82 | Long             |  | CORP              | MX        |     160019 | NS      | $37282826.81  | 2.60%             |  |  |  | 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        |   63730575 | NS      | $35002178.66  | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| BE Semiconductor Industries NV  | BE Semiconductor Industries N.V.                     | CUSIP: 999999999<br>LEI: 7245007A1YFLI2GNYX06 | Long             | EC               | CORP              | NL        |     339960 | NS      | $20582463.71  | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Capitec Bank Holdings Ltd       | Capitec Bank Holdings Ltd.                           | CUSIP: S64408594<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |     259948 | NS      | $28434054.74  | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Coupang Inc                     | Coupang, Inc.                                        | CUSIP: 22266T109<br>LEI: 549300XR4L1D80AK4W76 | Long             | EC               | CORP              | KR        |     729434 | NS      | $10729974.14  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Endava PLC                      | Endava PLC - ADR                                     | CUSIP: 29260V105<br>LEI: 213800JJ6CRPCWCQVZ25 | Long             |  | CORP              | GB        |     136466 | NS      | $10439649.00  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Divi's Laboratories Ltd         | Divi's Laboratories Ltd.                             | CUSIP: 999999999<br>LEI: 335800C1DHFG1C9T1M03 | Long             | EC               | CORP              | IN        |     965593 | NS      | $39837568.33  | 2.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Dino Polska SA                  | Dino Polska S.A.                                     | CUSIP: 999999999<br>LEI: 259400H4L81SMPRTW956 | Long             | EC               | CORP              | PL        |     479558 | NS      | $41077764.50  | 2.86%             |  |  |  | No            |                  1 | On Loan: No      |
| EPAM Systems Inc                | EPAM Systems, Inc.                                   | CUSIP: 29414B104<br>LEI: 549300XCR4R530HJP604 | Long             | EC               | CORP              | US        |      85966 | NS      | $28174496.84  | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Fabrinet                        | Fabrinet                                             | CUSIP: G3323L100<br>LEI: 5493004TETZ6IYF7CV44 | Long             | EC               | CORP              | TH        |     222341 | NS      | $28508563.02  | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Freshworks Inc                  | Freshworks, Inc. - Class A                           | CUSIP: 358054104<br>LEI: 254900ULRGCUEIK0K191 | Long             | EC               | CORP              | US        |     484507 | NS      | $7127097.97   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Globant SA                      | Globant S.A.                                         | CUSIP: L44385109<br>LEI: 2221008DCMSPYS42DS88 | Long             | EC               | CORP              | UY        |     153725 | NS      | $25850396.00  | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Hapvida Participacoes e Invest  | Hapvida Participacoes e Investimentos S/A            | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |   24751791 | NS      | $23815125.00  | 1.66%             |  |  |  | No            |                  2 | On Loan: No      |
| HDFC Bank Ltd                   | HDFC Bank Ltd.                                       | CUSIP: 999999999<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |    2083897 | NS      | $41011687.42  | 2.86%             |  |  |  | No            |                  1 | On Loan: No      |
| INDIAN RUPIES  /                | INDIAN RUPIES  /                                     | CUSIP: 999999999<br>LEI: N/A                  | Long             | STIV             |  | IN        |   51260006 | OU      | $619606.02    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Kotak Mahindra Bank Ltd         | Kotak Mahindra Bank Ltd.                             | CUSIP: 999999999<br>LEI: 335800E6GTTXKHXE2I75 | Long             | EC               | CORP              | IN        |    2461150 | NS      | $54359196.63  | 3.79%             |  |  |  | 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      |
| Grupo Aeroportuario del Centro  | Grupo Aeroportuario del Centro Norte S.A.B. de C.V.  | CUSIP: 999999999<br>LEI: 529900HUSBARAFSXJ605 | Long             | EC               | CORP              | MX        |    3028213 | NS      | $23320961.94  | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| PI Industries Ltd               | PI Industries Ltd.                                   | CUSIP: 999999999<br>LEI: 335800PEGP94E4CC1D11 | Long             | EC               | CORP              | IN        |     536792 | NS      | $22189954.80  | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB MONEY MARKET II SPECIAL   / | UMB MONEY MARKET II SPECIAL   /                      | CUSIP: SF8888628<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   76770235 | PA      | $76770235.20  | 5.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Star Health & Allied Insurance  | Star Health & Allied Insurance Co., Ltd.             | CUSIP: 999999999<br>LEI: 335800P3BYVJE1S5SB43 | Long             | EC               | CORP              | IN        |    1571043 | NS      | $10754039.05  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Tata Consultancy Services Ltd   | Tata Consultancy Services Ltd.                       | CUSIP: 999999999<br>LEI: 335800ZJKU9GPQRE2U66 | Long             | EC               | CORP              | IN        |     703293 | NS      | $27685414.16  | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| TCS Group Holding PLC           | TCS Group Holding PLC - GDR                          | CUSIP: 87238U203<br>LEI: 549300XQRN9MR54V1W18 | Long             |  | CORP              | CY        |     358615 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| TAIWANESE DOLLAR  /             | TAIWANESE DOLLAR  /                                  | CUSIP: 999999999<br>LEI: N/A                  | Long             | STIV             |  | TW        |   32718542 | OU      | $1064519.59   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| VIETNAM DONG  /                 | VIETNAM DONG  /                                      | CUSIP: 999999999<br>LEI: N/A                  | Long             | STIV             |  | VN        | 1256473101 | OU      | $53296.84     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Wal-Mart de Mexico SAB de CV    | Wal-Mart de Mexico S.A.B. de C.V.                    | CUSIP: 010879744<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |    9744889 | NS      | $34300769.07  | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Wizz Air Holdings Plc           | Wizz Air Holdings Plc                                | CUSIP: 999999999<br>LEI: 213800COXGZCORLJZA85 | Long             | EC               | CORP              | CH        |     633680 | NS      | $14589501.45  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| WNS Holdings Ltd                | WNS Holdings Ltd. - ADR                              | CUSIP: 92932M101<br>LEI: 529900RM7QHUD3W9DM42 | Long             |  | CORP              | IN        |     686161 | NS      | $54886018.39  | 3.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Yandex NV                       | Yandex N.V. - Class A                                | CUSIP: N97284108<br>LEI: 549300GGZHJ5Q1B18P93 | Long             | EC               | CORP              | RU        |     801002 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| ZTO Express Cayman Inc          | ZTO Express Cayman, Inc. - ADR                       | CUSIP: 98980A105<br>LEI: 549300SCJPK3YZJTJR78 | Long             |  | CORP              | CN        |    1329140 | NS      | $35713991.80  | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Silergy Corp                    | Silergy Corp.                                        | CUSIP: 999999999<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    1182860 | NS      | $16798763.32  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-20

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

**Signature:** /s/ Terrance P. Gallagher

**Name of Signer:** Terrance P. Gallagher

**Title:** Assistant Vice President