Investment Managers Series Trust II - AXS Income Opportunities Fund (Orinda Income Opportunities Fun) fond

The fund will invest in U.S. and non-U.S. securities and investment instruments including, but not limited to, equity securities, debt securities, and derivatives. It may invest up to 85% of its net assets in derivatives. The fund may invest without limit in debt securities, provided that no more than 30% of its net assets are invested in debt securities rated below investment grade.