PIMCO Fund II redeems 1,212 preferred shares

PIMCO Municipal Income Fund II reported an insider transaction involving its remarketable variable rate munifund term preferred shares.

Accepted by SEC EDGAR 02/25/2026 - 05:14 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

PIMCO Municipal Income Fund II reported an insider transaction involving its remarketable variable rate munifund term preferred shares. JPMorgan Chase Bank, N.A., as a ten percent owner, indirectly held 1,212 Series 2054-A preferred shares through a trust. These shares were removed from its beneficial ownership when the fund redeemed them at a redemption price of $100,220.6301403 per share, consisting of a $100,000.00 liquidation preference plus $220.6301403 of accrued dividends per share.

Insider Trade Summary

Other: 1,212 shares

Other 1 txn

Insider JPMorgan Chase Bank, N.A.

Role 10% Owner

Type	Security	Shares	Price	Value
Other	Remarketable Variable Rate MuniFund Term Preferred Shares	1,212	$0.00	$0.00

Holdings After Transaction: Remarketable Variable Rate MuniFund Term Preferred Shares — 0 shares (Indirect, By Trust)

Footnotes (1)

1. F1. The 1,212 remarketable variable rate munifund term preferred shares reported as disposed of in Table I represent remarketable variable rate munifund term preferred shares, Series 2054-A (the "RVMTP Shares") indirectly beneficially owned by JPMorgan Chase Bank, National Association ("JPMCB"). The RVMTP Shares were disposed of as a result of a redemption by the Issuer for a redemption price of $100,220.6301403 per share (which includes a liquidation preference of $100,000.00 per share and accrued dividends of $220.6301403 per share).

FAQ

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What insider transaction did PIMCO Municipal Income Fund II (PML) report?

PIMCO Municipal Income Fund II reported that 1,212 remarketable variable rate munifund term preferred shares, Series 2054-A, indirectly beneficially owned by JPMorgan Chase Bank, N.A., were removed from that ownership after the fund redeemed the shares at a stated per-share redemption price.

Who is the reporting person in the PML Form 4 filing and what is their status?

The reporting person is JPMorgan Chase Bank, N.A., identified as a ten percent owner of PIMCO Municipal Income Fund II. The Form 4 shows the bank’s indirect beneficial ownership of the preferred shares through a trust and how that ownership changed due to the issuer’s redemption.

How many preferred shares were affected in the JPMorgan transaction with PML?

The filing shows that 1,212 remarketable variable rate munifund term preferred shares, Series 2054-A, were reported as disposed of. These shares were indirectly beneficially owned by JPMorgan Chase Bank, N.A. through a trust and were redeemed by the fund.

What redemption price did PIMCO Municipal Income Fund II pay per preferred share?

The preferred shares were redeemed at a price of $100,220.6301403 per share. This amount includes a liquidation preference of $100,000.00 per share plus accrued dividends of $220.6301403 per share as described in the footnote to the transaction.

What type of security was involved in the PML and JPMorgan Form 4 transaction?

The security was remarketable variable rate munifund term preferred shares, Series 2054-A. These are a class of preferred shares issued by PIMCO Municipal Income Fund II, and the Form 4 details their redemption and the resulting change in indirect beneficial ownership.

How is JPMorgan’s ownership in the PML preferred shares characterized?

JPMorgan Chase Bank, N.A.’s interest is described as indirect beneficial ownership held "By Trust." The Form 4 notes that the trust-held remarketable variable rate munifund term preferred shares were reported as disposed of when the issuer redeemed those shares.

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

JPMorgan Chase Bank, N.A.

(Last) (First) (Middle)

1111 POLARIS PARKWAY

(Street)

COLUMBUS OH 43240

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PIMCO MUNICIPAL INCOME FUND II [ PML ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Remarketable Variable Rate MuniFund Term Preferred Shares	02/23/2026		J(1)		1,212	D(1)	(1)	0(1)	I(1)	By Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The 1,212 remarketable variable rate munifund term preferred shares reported as disposed of in Table I represent remarketable variable rate munifund term preferred shares, Series 2054-A (the "RVMTP Shares") indirectly beneficially owned by JPMorgan Chase Bank, National Association ("JPMCB"). The RVMTP Shares were disposed of as a result of a redemption by the Issuer for a redemption price of $100,220.6301403 per share (which includes a liquidation preference of $100,000.00 per share and accrued dividends of $220.6301403 per share).

	/s/ Adrian Budischak, Authorized Signatory	02/25/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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