# EDGAR Filing Document

**Accession Number:** 0001587982
**File Stem:** 0001193125-26-238127
**Filing Date:** 2026-5
**Character Count:** 17075
**Document Hash:** cd2cdf547465f732f0f1231976edef28
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-238127.hdr.sgml**: 20260526

**ACCESSION NUMBER**: 0001193125-26-238127

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260526

**DATE AS OF CHANGE**: 20260526

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Investment Managers Series Trust II
- **CENTRAL INDEX KEY:** 0001587982

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22894
- **FILM NUMBER:** 261016287

**BUSINESS ADDRESS:**
- **STREET 1:** 235 WEST GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212
- **BUSINESS PHONE:** 414-299-2295

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

## Series and Classes Contracts Data

### Alternative Access First Priority CLO Bond ETF (Series ID: S000076539)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000236514 | Alternative Access First Priority CLO Bond ETF | AAA             |

## 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 II

- **b. Investment Company Act file number:** 811-22894

- **c. CIK number of Registrant:** 0001587982

- **d. LEI of Registrant:** 549300SU7ER9OFETRU41

- **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:** Alternative Access First Priority CLO Bond ETF

- **b. EDGAR series identifier (if any):** S000076539

- **c. LEI of Series:** 549300XYPG9O6BOFZM56

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

- **a. Date of fiscal year-end:** 2026-03-31

- **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:** $42497297.03

**Total Liabilities:** $150816.23

**Net Assets:** $42346480.80

**Cash Not Reported:** $3018446.45

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.108441999989 | **1-Year:** 591.038402396436 | **5-Year:** 8719.347910765692 | **10-Year:** 823.462036414925 | **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 C000236514 | 0.52%                | 0.18%                | 0.29%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $38174.04                                  |
| Month 2  | $0.00                    | $-75643.17                                 |
| Month 3  | $-2215.04                | $-53610.60                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Shenergy Co Ltd.                                                         | SHACK 2013-4RA A1A  | CUSIP: 81882HAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | CN        |      1084 | PA      | $1084.42      | 0.00%             | 2026-04-01      | Floating      | 4.91%                 | Yes           |                  2 | On Loan: No      |
| Silver Point CLO 7 Ltd.                                                  | SPCLO 2024-7A A1    | CUSIP: 82808UAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1501640.40   | 3.55%             | 2031-08-31      | Floating      | 5.03%                 | Yes           |                  2 | On Loan: No      |
| Sound Point Clo Xxiii Ltd / Llc                                          | SNDPT 2019-2A AR    | CUSIP: 83614BAQ2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000628.40   | 2.36%             | 2028-02-28      | Floating      | 5.10%                 | Yes           |                  2 | On Loan: No      |
| TRINITAS CLO XXX LTD                                                     | TRNTS 2024-30A A1   | CUSIP: 89643DAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1501567.35   | 3.55%             | 2031-06-08      | Floating      | 5.04%                 | Yes           |                  2 | On Loan: No      |
| Voya CLO 2021-2 Ltd.                                                     | VOYA 2021-2A A1R    | CUSIP: 92919AAN4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1997616.00   | 4.72%             | 2031-12-04      | Floating      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| WELLFLEET CLO LTD 2024-1                                                 | WELF 2024-1A A1     | CUSIP: 94951AAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000651.50   | 2.36%             | 2031-03-03      | Floating      | 5.26%                 | Yes           |                  2 | On Loan: No      |
| Apidos Clo XXXIX Ltd / Apidos Clo XXXIX LLC                              | APID 2022-39A A1R   | CUSIP: 03766HAQ3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   2000000 | PA      | $2000477.20   | 4.72%             | 2032-06-05      | Variable      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| CARVAL CLO VIII-C LTD                                                    | CARVL 2022-2A A1R   | CUSIP: 14686NAL5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   1000000 | PA      | $1001401.90   | 2.36%             | 2031-06-05      | Floating      | 5.09%                 | Yes           |                  2 | On Loan: No      |
| LCM 40 LTD                                                               | LCM 40A A1R         | CUSIP: 50190KAN0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   1500000 | PA      | $1501772.55   | 3.55%             | 2031-08-31      | Floating      | 5.67%                 | Yes           |                  2 | On Loan: No      |
| Milford Park CLO Ltd / Milford Part CLO LLC                              | MLFPK 2022-1A AR    | CUSIP: 59966PAN2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   1000000 | PA      | $998366.10    | 2.36%             | 2031-09-05      | Variable      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| VENTURE 46 CLO LIMITED                                                   | VENTR 2022-46A A1R  | CUSIP: 92326CBA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   1000000 | PA      | $1000855.20   | 2.36%             | 2031-06-05      | Variable      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| AGL CORE CLO                                                             | AGL 2020-4A AR2     | CUSIP: 001199AQ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1001036.50   | 2.36%             | 2031-06-05      | Floating      | 5.05%                 | Yes           |                  2 | On Loan: No      |
| AMMC CLO 31 LTD                                                          | AMMC 2025-31A A1    | CUSIP: 03166GAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2001611.40   | 4.73%             | 2031-10-06      | Floating      | 4.98%                 | Yes           |                  2 | On Loan: No      |
| BAIN CAPITAL CREDIT CLO 2025-1 LTD                                       | BCC 2025-1A A1      | CUSIP: 05686CAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1497722.85   | 3.54%             | 2031-12-07      | Floating      | 4.83%                 | Yes           |                  2 | On Loan: No      |
| Bluemountain Clo XXXII Ltd.                                              | BLUEM 2019-24A AR   | CUSIP: 09609NAL9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    470000 | PA      | $470189.41    | 1.11%             | 2027-12-04      | Floating      | 5.03%                 | Yes           |                  2 | On Loan: No      |
| BlueMountain Clo 2014-4 Limited                                          | BLUEM 2019-25A A1RR | CUSIP: 09627FBA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1400000 | PA      | $1401289.26   | 3.31%             | 2031-08-31      | Variable      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Cbam 2017-2. Ltd.                                                        | CBAM 2017-2A AR     | CUSIP: 12481KAS7<br>LEI: 254900JYLIAZT0YFW632 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250170.63    | 0.59%             | 2028-03-01      | Floating      | 5.12%                 | Yes           |                  2 | On Loan: No      |
| CIFC FUNDING LTD 2019                                                    | CIFC 2019-6A A1R    | CUSIP: 12555XAN1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1001355.60   | 2.36%             | 2031-03-01      | Floating      | 5.12%                 | Yes           |                  2 | On Loan: No      |
| CARVAL CLO XI-C LTD /LLC                                                 | CARVL 2024-3A A1    | CUSIP: 14688RAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1001186.20   | 2.36%             | 2031-06-05      | Floating      | 5.06%                 | Yes           |                  2 | On Loan: No      |
| Cedar Funding VIII CLO, Ltd                                              | CEDF 2017-8A ARR    | CUSIP: 15032EAY5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1999500.00   | 4.72%             | 2031-09-02      | Floating      | 4.89%                 | Yes           |                  2 | On Loan: No      |
| Cedar Funding IX CLO                                                     | CEDF 2018-9A AR     | CUSIP: 15033EAN8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000929.10   | 2.36%             | 2031-03-05      | Floating      | 5.09%                 | Yes           |                  2 | On Loan: No      |
| FORTRESS CREDIT BSL XXVI LTD                                             | FCBSL 2024-4A A     | CUSIP: 34966VAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2002000.00   | 4.73%             | 2031-08-31      | Floating      | 5.07%                 | Yes           |                  2 | On Loan: No      |
| FORTRESS CREDIT BSL XXIII LTD                                            | FCBSL 2025-2A A     | CUSIP: 34967CAC7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2002035.40   | 4.73%             | 2032-05-30      | Floating      | 5.07%                 | Yes           |                  2 | On Loan: No      |
| Kennedy Lewis Clo 9 Ltd.                                                 | KLLM 9A AR          | CUSIP: 37147LAN9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000486.40   | 2.36%             | 2031-09-05      | Floating      | 5.02%                 | Yes           |                  2 | On Loan: No      |
| HARVEST US CLO LTD 2024-2                                                | HARUS 2024-2A A1    | CUSIP: 41756YAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1001380.10   | 2.36%             | 2031-05-31      | Floating      | 5.07%                 | Yes           |                  2 | On Loan: No      |
| LCM 32 Ltd.                                                              | LCM 32A A1          | CUSIP: 50204AAA4<br>LEI: 549300PWEMQKJMMXR454 | Long             | ABS-CBDO         | CORP              | KY        |    900000 | PA      | $900435.15    | 2.13%             | 2028-03-01      | Floating      | 5.04%                 | Yes           |                  2 | On Loan: No      |
| Magnetite XXXIV Ltd.                                                     | MAGNE 2023-34A A1R  | CUSIP: 55952MAJ2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1995500.00   | 4.71%             | 2029-12-04      | Variable      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| MP Clo VIII Ltd. / MP Clo VIII LLC                                       | MP8 2015-2A ARR     | CUSIP: 62481WAL1<br>LEI: 549300D60LKSR31DKI65 | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $750530.93    | 1.77%             | 2027-12-12      | Floating      | 5.13%                 | Yes           |                  2 | On Loan: No      |
| NEUBERGER BERMAN LN 39 2020 LT                                           | NEUB 2020-39A A1R   | CUSIP: 64134GAL3<br>LEI: 549300VZYYV7KE4XNU69 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000883.90   | 2.36%             | 2030-12-04      | Variable      | 5.41%                 | Yes           |                  2 | On Loan: No      |
| Octagon Investment Partners 47 Ltd / Llc                                 | OCT47 2020-1A A1R2  | CUSIP: 67576XAW0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000209.10   | 2.36%             | 2031-09-07      | Floating      | 4.95%                 | Yes           |                  2 | On Loan: No      |
| Octagon Investment Partners 29 Ltd. / Octagon Investment Partners 29 LLC | OCT29 2016-1A A1R2  | CUSIP: 67591JAU6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1001202.80   | 2.36%             | 2031-03-03      | Floating      | 5.09%                 | Yes           |                  2 | On Loan: No      |
| Rockford Tower Clo 2021-1 Ltd / Rockford Tower Clo 2021-1 Llc            | ROCKT 2021-1A A1    | CUSIP: 77341KAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    300000 | PA      | $300205.65    | 0.71%             | 2028-03-04      | Floating      | 5.10%                 | Yes           |                  2 | On Loan: No      |
| ROCKFORD TOWER CLO 2024-1 LTD                                            | ROCKT 2024-1A A1    | CUSIP: 77342BAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000824.90   | 2.36%             | 2030-12-04      | Floating      | 0.00%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-20

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

**Signature:** /s/ Scott Schulenburg

**Name of Signer:** Scott Schulenburg

**Title:** President