Invariant subspaces for non-normable Fr\'echet spaces

A Fr\'echet space $X$ satisfies the Hereditary Invariant Subspace (resp. Subset) Property if for every closed infinite-dimensional subspace $M$ in $X$, each continuous operator on $M$ possesses a non-trivial invariant subspace (resp. subset). In this paper, we exhibit a family of non-normable separable infinite-dimensional Fr\'echet spaces satisfying the Hereditary Invariant Subspace Property and we show that many non-normable Fr\'echet spaces do not satisfy this property. We also state sufficient conditions for the existence of a continuous operator without non-trivial invariant subset and deduce among other examples that there exists a continuous operator without non-trivial invariant subset on the space of entire functions $H(\mathbb{C})$.