President and Principal Executive Arash Ghodoosi purchased 7.681 Institutional Investment Strategy Fund Founder Class Shares at $13.15 per share on September 1, 2026. His direct ownership increased to 41,639.23 shares.

Institutional Investment Strategy Fund reported its 2026 annual fund voting report, listing zero other included managers and zero series for the period ended June 30, 2026.

Institutional Investment Strategy Fund opened an August 25 quarterly repurchase offer for up to 5% of outstanding shares, with requests due September 24 at 4:00 p.m. ET. Shareholders may use the Ivy Invest app, with payment due by September 30.

Institutional Investment Strategy Fund President, Principal Executive Arash Ghodoosi purchased 7.728 Founder Class shares at $13.07 per share on August 3, 2026. He directly owned about 41,632 Founder Class shares after the purchase.

Institutional Investment Strategy approved a fidelity bond from February 28, 2026 to February 28, 2027, with $200,000 limits for most coverages and $5,000 audit and claim expense limits. The President may execute it and arrange required Rule 17g-1 notices.

The Board of Trustees approved Institutional Investment Strategy’s renewed fidelity bond for February 28, 2025 to February 28, 2026, with $150,000 limits for most coverages. Employee-related losses have no deductible; most other coverages have a $5,000 deductible.

Institutional Investment Strategy Fund updated its prospectus for a continuous offering at net asset value with annual expenses of 2.95% for Investor Class and 2.70% for Founder Class. Investors receive quarterly repurchase offers of at least 5% of outstanding shares.

Arash Ghodoosi, President, Principal Executive of Institutional Investment Strategy Fund, purchased 7.716 Investo Class shares at $12.96 on July 13, 2026, bringing direct ownership to 2,026.332 shares.

Institutional Investment Strategy Fund’s June 30, 2026 fact sheet shows Founder Class shares returned 14.36% for one-year and 33.16% since inception, net of fees. Investors are offered quarterly repurchase windows for up to 5% of outstanding shares.

Institutional Investment Strategy Fund updated its June 2026 fact sheet with 42% public equities, 22% private equity, 33.16% since-inception Founder Class return, and 0.75% Founder Class fees. Investors are shown a $1,000 minimum and quarterly repurchases up to 5%.