[UBS SECURITIES LLC LETTERHEAD]
March 12, 2010
Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C. 20549
Attn: Brion Thompson
Re: | PIMCO Income Strategy Fund II |
Registration Statement on Form N-2 (File Nos. 333-164388 and 811-21601)
Dear Mr. Thompson:
In connection with the above-referenced Registration Statement, and pursuant to Rule 461 under the Securities Act of 1933, UBS Securities LLC, as the dealer manager of this offering, hereby joins the above-referenced registrant in requesting that the effective date of such Registration Statement be accelerated so that it will be declared effective by 9:00 a.m., Eastern time, on March 17, 2010, or as soon thereafter as possible.
Yours truly,
UBS SECURITIES LLC
By: /s/ Sara Roccisano
Sara Roccisano
Director
By: /s/ Ashley Park
Ashley Park
Associate Director