diff --git a/CHANGELOG.rst b/CHANGELOG.rst
index a4a78012..cb103962 100644
--- a/CHANGELOG.rst
+++ b/CHANGELOG.rst
@@ -1,3 +1,13 @@
+5.0.1
+-----
+Date: 1.11.2021
+
+- Fixed unexpected behavior when using inspect.isfunction `#426`_
+- Now prevents installation of RPyC on unsupported versions of python `#429`_
+
+.. _#426: https://github.com/tomerfiliba/rpyc/issues/426
+.. _#429: https://github.com/tomerfiliba/rpyc/pull/429
+
 5.0.0
 -----
 Date: 12.26.2020
diff --git a/rpyc/version.py b/rpyc/version.py
index 4ccba8ab..e7736d9d 100644
--- a/rpyc/version.py
+++ b/rpyc/version.py
@@ -1,3 +1,3 @@
-version = (5, 0, 0)
+version = (5, 0, 1)
 version_string = ".".join(map(str, version))
-release_date = "2020.12.26"
+release_date = "2021.01.11"