# EDGAR Filing Document

**Accession Number:** 0001587982
**File Stem:** 0001193125-26-123085
**Filing Date:** 2026-3
**Character Count:** 7480
**Document Hash:** 20ad5a5578d60d72f63c663178dc613a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-123085.hdr.sgml**: 20260325

**ACCESSION NUMBER**: 0001193125-26-123085

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260325

**DATE AS OF CHANGE**: 20260325

**PERIOD START**: 20261031

**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:** 26789173

**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

### The Diplomat Fund (Series ID: S000077375)

| Class ID   | Class Name        | Ticker Symbol   |
|:---|:---|:---|
| C000237757 | The Diplomat Fund | EMWIX           |

## Nport-Ex

**The Diplomat Fund**

**SCHEDULE OF INVESTMENTS**

**As of January 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| Principal |  |  |
| Amount |  | Value |
|  | **U.S. TREASURY NOTES — 92.9%** |  |
|  | United States Treasury Note |  |
| $12384000 | 4.250%, 8/15/2035<sup>1</sup> | $**12395616** |
|  | **TOTAL U.S. TREASURY NOTES** |  |
|  | &nbsp;&nbsp;&nbsp;(Cost $12,485,928) | **12395616** |

---

---

| | | |
|:---|:---|:---|
| Number |  |  |
| of Shares |  |  |
|  | **SHORT-TERM INVESTMENTS — 5.3%** |  |
| 709735 | Fidelity Investments Money Market Government Portfolio - Class I 3.529%<sup>2</sup> | **709735** |
|  | **TOTAL SHORT-TERM INVESTMENTS** |  |
|  | &nbsp;&nbsp;&nbsp;(Cost $709,735) | **709735** |
|  | **TOTAL INVESTMENTS — 98.2%** |  |
|  | &nbsp;&nbsp;&nbsp;(Cost $13,195,663) | **13105351** |
|  | Other Assets in Excess of Liabilities — 1.8% | 243953 |
|  | **TOTAL NET ASSETS — 100.0%** | $**13349304** |

---

<sup>1</sup> All or a portion of this security is segregated as collateral for initial futures margin. The market value of the securities pledged as collateral was $302,469, which represents 2.3% of total net assets of the Fund.

<sup>2</sup> The rate is the annualized seven-day yield at period end.

**The Diplomat Fund**

**SCHEDULE OF INVESTMENTS - Continued**

**As of January 31, 2026 (Unaudited)**

**FUTURES CONTRACTS**

---

| | | | | |
|:---|:---|:---|:---|:---|
| <br>**Number of**<br>**Contracts**<br>**Long (Short)** | <br>**Description** | <br>**Expiration**<br>**Date** |<br>**Notional**<br>**Value** | **Value/**<br>**Unrealized**<br>**Appreciation**<br>**(Depreciation)** |
| 54 | CME 3M SOFR | September 2027 | $13066650 | $(9375) |
| 59 | U.S. 10 Year Treasury Note | March 2026 | 6597859 | (18172) |
| **TOTAL FUTURES CONTRACTS** | **TOTAL FUTURES CONTRACTS** |  | $**19664509** | $**(27547)** |

---

## 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:** The Diplomat Fund

- **b. EDGAR series identifier (if any):** S000077375

- **c. LEI of Series:** 549300NRIBSC1UHX5D84

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-01-31

**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:** $13439265.89

**Total Liabilities:** $89961.70

**Net Assets:** $13349304.19

**Cash Not Reported:** $56043.24

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.000000000000 | **1-Year:** 0.000000000000 | **5-Year:** 869.317982402963 | **10-Year:** 8552.589883616038 | **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 C000237757 | 1.01%                | -1.99%               | -0.41%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $84626.57                                  |
| Month 2  | $-894.04                 | $-144644.97                                |
| Month 3  | $-5587.23                | $-69377.49                                 |

**Designated Index Information**

- **Index Name:** The Bloomberg US Treasury 7 - 10 Year Index

- **Index Identifier:** LT09TRUU

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| US TREASURY N/B                  | United States Treasury Note                         | CUSIP: 91282CNT4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12384000 | PA      | $12395616.19  | 92.86%            | 2035-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fidelity Government Portfolio    | Fidelity Government Portfolio - Class Institutional | CUSIP: 316175108<br>LEI: 549300FQDFZGLUOCWN51 | Long             | STIV             | RF                | US        |    711151 | PA      | $711151.05    | 5.33%             |  |  |  | No            |                  1 | On Loan: No      |
| CME 3-MONTH SOFR FUT JUN 27   /  | CME 3-MONTH SOFR FUT JUN 27   /                     | CUSIP: 999999999<br>LEI: N/A                  | N/A              | DIR              |  | US        |        54 | NC      | $-9497.58     | -0.07%            |  |  |  | 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        |        59 | NC      | $-18279.26    | -0.14%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-09

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

**Signature:** /s/ Scott Schulenburg

**Name of Signer:** Scott Schulenburg

**Title:** President