8-K 1 d850850d8k.htm FORM 8-K Form 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported) January 3, 2020

PIMCO Municipal Income Fund II

(Exact Name of Registrant as Specified in Its Charter)

Massachusetts

(State or Other Jurisdiction of Incorporation)

 

811-21076   01-6200496
(Commission File Number)   (IRS Employer Identification No.)
1633 Broadway, New York, NY   10019
(Address of Principal Executive Offices)   (Zip Code)

(844) 337-4626

(Registrant’s Telephone Number, Including Area Code)

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.


Item 7.01  Regulation FD Disclosure.

Annual Shareholder Meeting Results:

PIMCO Municipal Income Fund II (the “Fund”) held its annual meeting of shareholders on December 17, 2019, during which shareholders voted on the election and re-election of certain of the Fund’s Trustees. The results of the elections were certified on January 2, 2020. Common/Preferred shareholders voted as indicated below:

Election of Trustees by Common and Preferred Shareholders of the Fund, voting together as a single class:

 

    

  Affirmative  

(#)

  

Affirmative

  (as a % of common and   preferred share votes

cast)

  

Withheld

   Authority   

(#)

  

Withheld Authority

(as a percentage of

  common and preferred  

share votes cast)

Election of Sarah E. Cogan

Class II to serve until 2022

  

52,703,799

  

96.42%

  

1,954,803

   3.58%

Election of Deborah A. DeCotis

Class II to serve until 2022

  

52,076,909

  

95.28%

  

2,581,693

   4.72%

Election of David N. Fisher†

Class III to serve until 2020

  

52,960,814

  

96.89%

  

1,697,788

   3.11%

Election of Hans W. Kertess

Class II to serve until 2022

  

52,609,262

  

96.25%

  

2,049,340

   3.75%

Election of Trustees by Preferred Shareholders of the Fund, voting as a separate class:

 

    

Affirmative

(#)

  

Affirmative

(as a % of preferred

share votes cast)

  

Withheld Authority

(#)

  

Withheld Authority

(as a percentage of

preferred share votes cast)

Election of James A. Jacobson*, **

  

6

  

0.05%

  

9,465

   82.28%

Election of Derrick A. Clark*

 Class II to serve until 2022

  

2,032

  

17.66%

  

0

   0.00%

Certain other members of the Board of Trustees at the time of the meeting, namely, Messrs. T. Matthew Buffington*, John C. Maney†, William B. Ogden, IV and Alan Rappaport, continue to serve as Trustees. Bradford K. Gallagher, who was a member of the Board of Trustees at the time of the meeting, retired from his position as Trustee of the Fund, effective December 31, 2019.

 

*

Preferred Shares Trustee

**

Trustee was not elected by shareholders at the annual meeting.

Interested Trustee

Changes to Board of Trustees:

At the Fund’s annual shareholder meeting held on December 17, 2019, incumbent Trustee James A. Jacobson was replaced on the Board by Derrick A. Clark in a contested election for a Trustee position elected by preferred shareholders of the Fund, voting as a separate class. Mr. Clark received the affirmative vote of 17.66% of the preferred share votes cast at the meeting. Mr. Clark was nominated by Dryden Capital Fund, LP, Dryden Capital, LLC, and certain affiliates thereof (collectively, “Dryden”). Dryden is a holder of Auction Rate Preferred Shares of the Fund.

Effective December 17, 2019, the Board of Trustees appointed James A. Jacobson to the Board as a Class III Trustee to be elected by common and preferred shareholders of the Fund, voting together.


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

PIMCO Municipal Income Fund II
By:  

/s/ Ryan G. Leshaw

Name:   Ryan G. Leshaw
Title:   Chief Legal Officer

Date: January 3, 2020