Bank of America/Merrill Lynch Complete PIMCO Municipal Income Fund II Stock Transactions

Bank of America Corporation and its subsidiary Merrill Lynch, Pierce, Fenner & Smith Incorporated jointly filed a Form 4 disclosing their complete disposition of PIMCO Municipal Income Fund II (PML) common stock holdings. On May 20, 2026, they executed two offsetting transactions: first purchasing 680 shares at $7.355 per share, then immediately selling the same 680 shares at $7.3313 per share. This resulted in a net zero position in PML common stock. The filing includes important disclaimers noting that the reporting persons disclaim beneficial ownership of the securities except to the extent of their pecuniary interest, and that they are not admitting to being greater than 10% beneficial owners. The transactions appear to represent a complete exit from the position, with the reporting persons indicating they will remit any potential short-swing profit recovery amounts to the issuer if applicable.