<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 6.5c -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: https://www.novaworks.com -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" roleURI="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel" roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" roleURI="http://www.xbrl.org/2009/role/netLabel" />
    <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
      <link:loc xlink:type="locator" xlink:href="imstii-20260731.xsd#imstii_S000076539Member" xlink:label="imstii_S000076539Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="imstii_S000076539Member" xlink:to="imstii_S000076539Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="imstii_S000076539Member_lbl" xml:lang="en-US">Alternative Access First Priority CLO Bond ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="imstii-20260731.xsd#imstii_C000236514Member" xlink:label="imstii_C000236514Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="imstii_C000236514Member" xlink:to="imstii_C000236514Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="imstii_C000236514Member_lbl" xml:lang="en-US">Alternative Access First Priority CLO Bond ETF Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="imstii-20260731.xsd#imstii_MarketRiskMember" xlink:label="imstii_MarketRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="imstii_MarketRiskMember" xlink:to="imstii_MarketRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="imstii_MarketRiskMember_lbl" xml:lang="en-US">Market Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="imstii-20260731.xsd#imstii_CLORiskMember" xlink:label="imstii_CLORiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="imstii_CLORiskMember" xlink:to="imstii_CLORiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="imstii_CLORiskMember_lbl" xml:lang="en-US">CLO Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="imstii-20260731.xsd#imstii_CLOLeveragingRiskMember" xlink:label="imstii_CLOLeveragingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="imstii_CLOLeveragingRiskMember" xlink:to="imstii_CLOLeveragingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="imstii_CLOLeveragingRiskMember_lbl" xml:lang="en-US">CLO Leveraging Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="imstii-20260731.xsd#imstii_FixedIncomeSecuritiesRiskMember" xlink:label="imstii_FixedIncomeSecuritiesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="imstii_FixedIncomeSecuritiesRiskMember" xlink:to="imstii_FixedIncomeSecuritiesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="imstii_FixedIncomeSecuritiesRiskMember_lbl" xml:lang="en-US">Fixed Income Securities Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="imstii-20260731.xsd#imstii_PrepaymentorCallRiskMember" xlink:label="imstii_PrepaymentorCallRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="imstii_PrepaymentorCallRiskMember" xlink:to="imstii_PrepaymentorCallRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="imstii_PrepaymentorCallRiskMember_lbl" xml:lang="en-US">Prepayment or Call Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="imstii-20260731.xsd#imstii_ExtensionRiskMember" xlink:label="imstii_ExtensionRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="imstii_ExtensionRiskMember" xlink:to="imstii_ExtensionRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="imstii_ExtensionRiskMember_lbl" xml:lang="en-US">Extension Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CreditRiskMember" xlink:label="us-gaap_CreditRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CreditRiskMember" xlink:to="us-gaap_CreditRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CreditRiskMember_lbl" xml:lang="en-US">Credit Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_InterestRateRiskMember" xlink:label="us-gaap_InterestRateRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestRateRiskMember" xlink:to="us-gaap_InterestRateRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestRateRiskMember_lbl" xml:lang="en-US">Interest Rate Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="imstii-20260731.xsd#imstii_FloatingRateNotesRiskMember" xlink:label="imstii_FloatingRateNotesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="imstii_FloatingRateNotesRiskMember" xlink:to="imstii_FloatingRateNotesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="imstii_FloatingRateNotesRiskMember_lbl" xml:lang="en-US">Floating Rate Notes Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="imstii-20260731.xsd#imstii_PrivatePlacementsandRestrictedSecuritiesRiskMember" xlink:label="imstii_PrivatePlacementsandRestrictedSecuritiesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="imstii_PrivatePlacementsandRestrictedSecuritiesRiskMember" xlink:to="imstii_PrivatePlacementsandRestrictedSecuritiesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="imstii_PrivatePlacementsandRestrictedSecuritiesRiskMember_lbl" xml:lang="en-US">Private Placements and Restricted Securities Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="imstii-20260731.xsd#imstii_ETFStructureRisksMember" xlink:label="imstii_ETFStructureRisksMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="imstii_ETFStructureRisksMember" xlink:to="imstii_ETFStructureRisksMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="imstii_ETFStructureRisksMember_lbl" xml:lang="en-US">ETF Structure Risks</link:label>
      <link:loc xlink:type="locator" xlink:href="imstii-20260731.xsd#imstii_TransactionsinCashRiskMember" xlink:label="imstii_TransactionsinCashRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="imstii_TransactionsinCashRiskMember" xlink:to="imstii_TransactionsinCashRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="imstii_TransactionsinCashRiskMember_lbl" xml:lang="en-US">Transactions in Cash Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="imstii-20260731.xsd#imstii_LiquidityRiskMember" xlink:label="imstii_LiquidityRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="imstii_LiquidityRiskMember" xlink:to="imstii_LiquidityRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="imstii_LiquidityRiskMember_lbl" xml:lang="en-US">Liquidity Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="imstii-20260731.xsd#imstii_OperationalRiskMember" xlink:label="imstii_OperationalRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="imstii_OperationalRiskMember" xlink:to="imstii_OperationalRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="imstii_OperationalRiskMember_lbl" xml:lang="en-US">Operational Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="imstii-20260731.xsd#imstii_ManagementandStrategyRiskMember" xlink:label="imstii_ManagementandStrategyRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="imstii_ManagementandStrategyRiskMember" xlink:to="imstii_ManagementandStrategyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="imstii_ManagementandStrategyRiskMember_lbl" xml:lang="en-US">Management and Strategy Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="imstii-20260731.xsd#imstii_RecentMarketEventsRiskMember" xlink:label="imstii_RecentMarketEventsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="imstii_RecentMarketEventsRiskMember" xlink:to="imstii_RecentMarketEventsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="imstii_RecentMarketEventsRiskMember_lbl" xml:lang="en-US">Recent Market Events Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="imstii-20260731.xsd#imstii_CybersecurityRiskMember" xlink:label="imstii_CybersecurityRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="imstii_CybersecurityRiskMember" xlink:to="imstii_CybersecurityRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="imstii_CybersecurityRiskMember_lbl" xml:lang="en-US">Cybersecurity Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="imstii-20260731.xsd#imstii_AAAINDEX1Member" xlink:label="imstii_AAAINDEX1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="imstii_AAAINDEX1Member" xlink:to="imstii_AAAINDEX1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="imstii_AAAINDEX1Member_lbl" xml:lang="en-US">Bloomberg US Universal Bond Index (reflects no deduction for fees, expenses or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="imstii-20260731.xsd#imstii_AAAINDEX2Member" xlink:label="imstii_AAAINDEX2Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="imstii_AAAINDEX2Member" xlink:to="imstii_AAAINDEX2Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="imstii_AAAINDEX2Member_lbl" xml:lang="en-US">Bloomberg Floating Rate Note 5 Years Index (reflects no deduction for fees, expenses or taxes)</link:label>
    </link:labelLink>
</link:linkbase>
