# EDGAR Filing Document

**Accession Number:** 0001587982
**File Stem:** 0001193125-25-287937
**Filing Date:** 2025-11
**Character Count:** 10802
**Document Hash:** 4e5db34ce20e3a3bf203733400c082c7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-287937.hdr.sgml**: 20251119

**ACCESSION NUMBER**: 0001193125-25-287937

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251119

**DATE AS OF CHANGE**: 20251119

**PERIOD START**: 20250930

**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:** 251498613

**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

### AXS Tactical Income Fund (Series ID: S000079776)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000241130 | Class I Shares | TINIX           |

## 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:** AXS Tactical Income Fund

- **b. EDGAR series identifier (if any):** S000079776

- **c. LEI of Series:** 984500JEF00140771914

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

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-09-30

**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:** $35693170.16

**Total Liabilities:** $3870960.81

**Net Assets:** $31822209.35

**Cash Not Reported:** $71099.16

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000241130 | 0.54%                | 0.71%                | 0.24%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $59135.76                | $9092.24                                   |
| Month 2  | $77375.72                | $11693.69                                  |
| Month 3  | $-28866.30               | $48889.20                                  |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Vanguard Short-Term Corporate  | Vanguard Short-Term Corporate Bond ETF                                                      | CUSIP: 92206C409<br>LEI: N/A                  | Long             |  | RF                | US        |     19781 | NS      | $1581095.33   | 4.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Intermediate-Term Tre | Vanguard Intermediate-Term Treasury ETF                                                     | CUSIP: 92206C706<br>LEI: N/A                  | Long             |  | RF                | US        |     26322 | NS      | $1580109.66   | 4.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Long-Term Treasury ET | Vanguard Long-Term Treasury ETF                                                             | CUSIP: 92206C847<br>LEI: N/A                  | Long             |  | RF                | US        |     27731 | NS      | $1576784.66   | 4.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Short-Term Treasury E | Vanguard Short-Term Treasury ETF                                                            | CUSIP: 92206C102<br>LEI: N/A                  | Long             |  | RF                | US        |     26864 | NS      | $1580946.40   | 4.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Mortgage-Backed Secur | Vanguard Mortgage-Backed Securities ETF - Class USD INC                                     | CUSIP: 92206C771<br>LEI: N/A                  | Long             |  | RF                | US        |     33613 | NS      | $1578466.48   | 4.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Short-Term Inflation- | Vanguard Short-Term Inflation-Protected Securities ETF - Class USD INC                      | CUSIP: 922020805<br>LEI: N/A                  | Long             |  | RF                | US        |     31216 | NS      | $1580466.08   | 4.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Emerging Markets Gove | Vanguard Emerging Markets Government Bond ETF - Class ETF shares USD INC                    | CUSIP: 921946885<br>LEI: N/A                  | Long             |  | RF                | US        |     23574 | NS      | $1577100.60   | 4.96%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Interest Rate Hedged H | iShares Interest Rate Hedged High Yield Bond ETF - Class USD INC                            | CUSIP: 46431W606<br>LEI: 549300K03DREBCPJX421 | Long             |  | RF                | US        |     18175 | NS      | $1578317.00   | 4.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus Henderson AAA CLO ETF    | Janus Henderson AAA CLO ETF - Class USD INC                                                 | CUSIP: 47103U845<br>LEI: 549300N7UZ9PO4OVKA94 | Long             |  | RF                | US        |     31117 | NS      | $1580121.26   | 4.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus Henderson B-BBB CLO ETF  | Janus Henderson B-BBB CLO ETF - Class USD INC                                               | CUSIP: 47103U753<br>LEI: 549300UAMX73GRTHWH74 | Long             |  | RF                | US        |     32797 | NS      | $1579831.49   | 4.96%             |  |  |  | No            |                  1 | On Loan: No      |
| SPDR Bloomberg High Yield Bond | SPDR Bloomberg High Yield Bond ETF - Class USD INC                                          | CUSIP: 78468R622<br>LEI: 549300NCLW2248PN7J24 | Long             |  | RF                | US        |     16114 | NS      | $1579010.86   | 4.96%             |  |  |  | No            |                  1 | On Loan: No      |
| WisdomTree Trust WisdomTree In | WisdomTree Trust WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund - Class U.S.D INC | CUSIP: 97717W380<br>LEI: 5493006OMUEEHEDQ6617 | Long             |  | RF                | US        |     70322 | NS      | $1582245.00   | 4.97%             |  |  |  | No            |                  1 | On Loan: No      |
| SPDR Bloomberg Convertible Sec | SPDR Bloomberg Convertible Securities ETF - Class USD INC                                   | CUSIP: 78464A359<br>LEI: 549300IXKU3G7R6DMX93 | Long             |  | RF                | US        |     17466 | NS      | $1580673.00   | 4.97%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Fallen Angels USD Bond | iShares Fallen Angels USD Bond ETF - Class USD INC                                          | CUSIP: 46435G474<br>LEI: 549300TGAA9LRLT3ZX42 | Long             |  | RF                | US        |     56942 | NS      | $1581848.76   | 4.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Government Portfolio  | Fidelity Government Portfolio - Class Institutional                                         | CUSIP: 316175108<br>LEI: 549300FQDFZGLUOCWN51 | Long             | STIV             | RF                | US        |   1078583 | PA      | $1078583.14   | 3.39%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Short Treasury Bond ET | iShares Short Treasury Bond ETF - Class USD INC                                             | CUSIP: 464288679<br>LEI: 549300F8ZJ4IZLOOBP30 | Long             |  | RF                | US        |     28605 | NS      | $3160566.45   | 9.93%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares 0-5 Year High Yield Co | iShares 0-5 Year High Yield Corporate Bond ETF - Class USD INC                              | CUSIP: 46434V407<br>LEI: 549300R96U5WQ7R5ID10 | Long             |  | RF                | US        |     36459 | NS      | $1578674.70   | 4.96%             |  |  |  | No            |                  1 | On Loan: No      |
| SPDR Blackstone Senior Loan ET | SPDR Blackstone Senior Loan ETF - Class USD INC                                             | CUSIP: 78467V608<br>LEI: 549300ME4SR63Y3TRD06 | Long             |  | RF                | US        |     38011 | NS      | $1580497.38   | 4.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Intermediate-Term Cor | Vanguard Intermediate-Term Corporate Bond ETF - Class USD INC                               | CUSIP: 92206C870<br>LEI: N/A                  | Long             |  | RF                | US        |     18787 | NS      | $1580174.57   | 4.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Long-Term Corporate B | Vanguard Long-Term Corporate Bond ETF - Class USD INC                                       | CUSIP: 92206C813<br>LEI: N/A                  | Long             |  | RF                | US        |     20305 | NS      | $1576683.25   | 4.95%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-06

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

**Signature:** /s/ Scott Schulenburg

**Name of Signer:** Scott Schulenburg

**Title:** President