SEC FORM 5

SEC Form 5

FORM 5

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

ANNUAL 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

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

Form 3 Holdings Reported.

Form 4 Transactions Reported.

1. Name and Address of Reporting Person^*

GROSS WILLIAM H

(Last)

(First)

(Middle)

840 NEWPORT CENTER DRIVE

SUITE 100

(Street)

NEWPORT BEACH

92660

(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		10% Owner
Officer (give title below)	X	Other (specify below)
		EXECUTIVE COMMITTEE MEMBER

3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
04/30/2008

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 at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
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)	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
COMMON STOCK	02/07/2005		P4	16,667	A	$15.0487	16,667	I	BY CHILD'S TRUST #1
COMMON STOCK	02/07/2005		P4	16,666	A	$15.0487	16,666	I	BY CHILD'S TRUST #2
COMMON STOCK	02/07/2005		P4	16,667	A	$15.0487	16,667	I	BY CHILD'S TRUST #3
COMMON STOCK	02/09/2005		P4	667	A	$15	667	I	BY CHILD'S TRUST #1
COMMON STOCK	02/09/2005		P4	666	A	$15	666	I	BY CHILD'S TRUST #2
COMMON STOCK	02/09/2005		P4	667	A	$15	667	I	BY CHILD'S TRUST #3
COMMON STOCK	02/09/2005		P4	16,667	D	$15.0483	16,667	I	BY CHILD'S TRUST #1
COMMON STOCK	02/09/2005		P4	16,666	D	$15.0483	16,666	I	BY CHILD'S TRUST #2
COMMON STOCK	02/09/2005		P4	16,667	A	$15.0483	16,667	I	BY CHILD'S TRUST #3

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)
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)	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

Remarks:

Pacific Investment Management Company LLC (PIMCO) is the investment adviser of the issuer. Mr. Gross is a member of PIMCO's Executive Committee. THIS FORM 5 IS THE FIRST OF TWO FORM 5'S FILED FOR FYE INDICATED IN BOX 3. DUE TO THE NUMBER OF LINE ITEMS REQUIRED TO BE REPORTED FOR THIS REPORTING PERSON AT FYE INDICATED IN BOX 3, IT WAS NECESSARY TO SEPARATE THE TRANSACTIONS INTO TWO FORM 5'S. THE AGGREGATE FORM AND AMOUNT OF SECURITIES BENEFICIALLY OWNED AS OF THE FYE INDICATED IN BOX 3 IS LISTED IN COLUMN 5 OF THE SECOND FORM 5 FILED.

	/S/ STEVEN LUDWIG, ATTORNEY-IN-FACT FOR WILLIAM H. GROSS	12/22/2008
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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