BofA now holds 79.5% of PIMCO Municipal II RVMTP

Rhea-AI Filing Summary

PIMCO Municipal Income Fund II (PML) received an amended Schedule 13D from Bank of America Corporation and its affiliate Banc of America Preferred Funding Corporation regarding the fund’s Remarketable Variable Rate MuniFund Term Preferred Shares, Series 2054 (RVMTP).

The reporting persons now beneficially own 3,860 RVMTP shares, representing 79.5% of this preferred share class, with shared voting and dispositive power over all such shares and no sole power. The amendment reflects a change in ownership percentage resulting solely from the issuer’s redemption of 1,250 RVMTP shares held by Banc of America Preferred Funding Corporation on August 24, 2026, at a redemption price equal to the liquidation preference plus accumulated but unpaid dividends.

Key Figures

RVMTP shares beneficially owned: 3,860 shares Percent of RVMTP class: 79.5 % RVMTP shares redeemed: 1,250 shares +2 more

5 metrics

RVMTP shares beneficially owned 3,860 shares Beneficially owned by Bank of America Corporation and Banc of America Preferred Funding Corporation after the August 24, 2026 redemption

Percent of RVMTP class 79.5 % Percentage of the Remarketable Variable Rate MuniFund Term Preferred Shares, Series 2054, represented by 3,860 shares

RVMTP shares redeemed 1,250 shares RVMTP shares held by Banc of America Preferred Funding Corporation redeemed by the issuer on August 24, 2026

Redemption date August 24, 2026 Date on which 1,250 RVMTP shares were redeemed by PIMCO Municipal Income Fund II

Redemption price basis Liquidation preference plus accumulated but unpaid dividends Basis for the redemption price of the 1,250 redeemed RVMTP shares

Key Terms

Remarketable Variable Rate MuniFund Term Preferred, beneficially owned, liquidation preference, Form N-26C-2, +1 more

5 terms

Remarketable Variable Rate MuniFund Term Preferred financial

"Title of Class of Securities: REMARKETABLE VARIABLE RATE MUNIFUND TERM PREFERRED"

beneficially owned financial

"Aggregate amount beneficially owned by each reporting person 3,860.00"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

liquidation preference financial

"redeemed by the Issuer on August 24, 2026, for a redemption price of the liquidation preference"

A liquidation preference is a rule that determines who gets paid first and how much they receive when a company is sold, goes bankrupt, or distributes its assets. It gives certain investors a priority claim—often returning their original investment plus any agreed multiple—before other owners receive money, which shapes how much common shareholders and founders ultimately get; think of it as a front-of-the-line pass that affects payout order and investor returns.

Form N-26C-2 regulatory

"as described in the Issuer's Notice of Intention to Redeem Securities on Form N-26C-2"

Schedule 13D regulatory

"previously filed a statement on Schedule 13D to report the acquisition"

A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What ownership stake in PML’s RVMTP shares does Bank of America now report?

Bank of America Corporation and Banc of America Preferred Funding Corporation report beneficial ownership of 3,860 RVMTP shares, representing 79.5% of the outstanding Remarketable Variable Rate MuniFund Term Preferred Shares, Series 2054, with shared voting and dispositive power over these shares.

What event triggered this Amendment No. 5 to Bank of America’s Schedule 13D for PML?

The amendment was triggered by PIMCO Municipal Income Fund II’s redemption of 1,250 RVMTP shares held by Banc of America Preferred Funding Corporation on August 24, 2026, which changed Bank of America’s beneficial ownership percentage of that preferred share class.

At what price were PML’s RVMTP shares redeemed from Banc of America’s affiliate?

The 1,250 RVMTP shares held by Banc of America Preferred Funding Corporation were redeemed on August 24, 2026, for a redemption price equal to the liquidation preference plus accumulated but unpaid dividends, as described in the disclosure.

How much voting power does Bank of America report over PML’s RVMTP shares?

Bank of America Corporation and Banc of America Preferred Funding Corporation report 0 shares with sole voting power and 3,860 shares with shared voting power in PIMCO Municipal Income Fund II’s RVMTP preferred share class.

Which entities are the reporting persons in this Schedule 13D/A for PML?

The reporting persons are Bank of America Corporation and Banc of America Preferred Funding Corporation, both organized in Delaware, reporting beneficial ownership of RVMTP preferred shares of PIMCO Municipal Income Fund II.

Does the Schedule 13D/A describe any change to Bank of America’s total RVMTP shares held in PML?

The filing states that the reported change in beneficial ownership percentage results solely from the issuer’s redemption of 1,250 RVMTP shares. After this redemption, the reporting persons own 3,860 RVMTP shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/26/2026 - 04:49 PM EDT Accepted by SEC EDGAR 08/26/2026 - 04:48 PM EDT Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 5)

PIMCO MUNICIPAL INCOME FUND II

(Name of Issuer)

REMARKETABLE VARIABLE RATE MUNIFUND TERM PREFERRED

(Title of Class of Securities)

72200W882

(CUSIP Number)

Bank of America Corporation
Bank of America Corporate Center, 100 N. Tryon Street
CHARLOTTE, NC, 28255
7043868486

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

08/24/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 72200W882

1

Name of reporting person

BANK OF AMERICA CORP /DE/

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 3,860.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 3,860.00

11

Aggregate amount beneficially owned by each reporting person

3,860.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

79.5 %

14

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13D

CUSIP Number(s): 72200W882

1

Name of reporting person

Banc of America Preferred Funding Corp

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 3,860.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 3,860.00

11

Aggregate amount beneficially owned by each reporting person

3,860.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

79.5 %

14

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: REMARKETABLE VARIABLE RATE MUNIFUND TERM PREFERRED
(b)	Name of Issuer: PIMCO MUNICIPAL INCOME FUND II
(c)	Address of Issuer's Principal Executive Offices: 1633 BROADWAY, NEW YORK, NEW YORK , 10019.
Item 1 Comment: This Amendment No. 5 (this "Amendment") amends, as set forth below, the Statement on Schedule 13D, dated April 17, 2024 and filed with the Securities and Exchange Commission (the "SEC") on April 24, 2025 (as amended to the date hereof, the "Original Schedule 13D"), by Bank of America Corporation ("BAC") and Banc of America Preferred Funding Corporation ("BAPFC") (collectively, the "Reporting Persons") with respect to the Remarketable Variable Rate MuniFund Term Preferred Shares, Series 2054 (CUSIP No. 72200W882) (the "RVMTP Shares") of PIMCO Municipal Income Fund II (the "Issuer"). This Amendment is being filed to report a change in the Reporting Persons' beneficial ownership percentage of the Issuer resulting solely from the redemption by the Issuer of 1,250 RVMTP Shares on August 24, 2026, as described in the Issuer's Notice of Intention to Redeem Securities on Form N-26C-2 filed with the Securities and Exchange Commission on July 24, 2026.
Item 2.	Identity and Background
(c)	Item 2 of the Original Schedule 13D is hereby amended by: deleting Schedule I referenced therein and replacing it with Schedule I included with this Amendment.
(d)	Item 2 of the Original Schedule 13D is hereby amended by: deleting Schedule II referenced therein and replacing it with Schedule II included with this Amendment.
Item 5.	Interest in Securities of the Issuer
(a)	Paragraphs (a) and (b) of Item 5 of the Original Schedule 13D are hereby amended and restated in their entirety by incorporating by reference the cover pages of this Amendment.
(c)	Paragraph (c) of Item 5 of the Original Schedule 13D is hereby amended by adding the following paragraph at the end thereof: 'The 1,250 RVMTP shares held by BAPFC were redeemed by the Issuer on August 24, 2026, for a redemption price of the liquidation preference and accumulated but unpaid dividends and as result of the redemption, the Reporting Persons now own 3,860 RVMTP Shares.'
Item 7.	Material to be Filed as Exhibits.
	Item 7 of the Original Schedule 13D is hereby amended by deleting Exhibit 99.1 and Exhibit 99.2 thereto and the insertion of the following exhibits: "Exhibit Description of Exhibit 99.1 Joint Filing Agreement 99.2 Power of Attorney 99.6 Schedule I 99.7 Schedule II

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

BANK OF AMERICA CORP /DE/

Signature:	/s/ Christopher Twomey
Name/Title:	Authorized Signatory
Date:	08/26/2026

Banc of America Preferred Funding Corp

Signature:	/s/ Christopher Twomey
Name/Title:	Authorized Signatory
Date:	08/26/2026