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Exhibit 18

Calculation of Filing Fee Tables

Form N-14

(Form Type)

PIMCO Municipal Income Fund II

(Exact Name of Registrant as Specified in its Charter)

Table 1: Newly Registered Securities

 

    

Security

Type

 

Security

Class Title

  

Fee

Calculation

   

Amount

Registered 

 

Proposed
Maximum 

Offering

Price Per

Unit

  

Maximum

Aggregate

Offering

Price

  Fee Rate     

Amount of

Registration

Fee

 

Carry

Forward

Form

Type

   

Carry

Forward

File

Number

   

Carry

Forward

Initial

Effective

Date

   

Filing Fee

Previously

Paid in

Connection

with
Unsold

Securities

to be

Carried

Forward

 

 

Newly Registered Securities

 

 

Fees

to Be Paid

  Equity   

Common
Shares of
Beneficial
Interest,
$0.00001
par value
per share

     Rule 457 (a)         $504,514,304.40(1)     0.00015310      $77,241.14                                 

Fees
Previously

Paid

  Equity   

Common
Shares of
Beneficial 
Interest,
$0.00001
par value
per share

     Rule 457 (o)         $1,000,000(2)            $153.10(3)                                
 

 

   

 

  Total Offering Amount    

 

   $504,514,304.40((1)    

 

 

 

 

 

   $77,241.14                                 
 

 

   

 

  Total Fees Previously Paid    

 

    

 

   

 

 

 

 

 

   $153.10(3)                                
 

 

   

 

  Total Fee Offsets    

 

    

 

   

 

 

 

 

 

   $18,500.97                                 
 

 

   

 

  Net Fee Due    

 

    

 

   

 

 

 

 

 

   $58,587.07                                 

Table 2: Fee Offset Claims and Sources

 

      Registrant or Filer Name   

Form or

Filing

Type

 

File

Number

  

Initial Filing

Date

   Filing Date   

Fee Offset

Claimed

 

Security

Type

Associated 

with Fee

Offset

Claimed

 

Security

Title

Associated 

with Fee

Offset

Claimed

 

Unsold

Securities

Associated 

with Fee

Offset

Claimed

 

Unsold
Aggregate

Offering
Amount

Associated with

Fee

Offset Claimed

 

Fee Paid
with

Fee Offset

Source

Rule 457(p)

Fee

Offset

Claims

   PIMCO Municipal Income 
Fund II
  424(b)(5)    333-266754     8/11/2022          $18,500.97(4)   Equity   Common 

Shares

    $202,419,317    
Fee
Offset
Sources
   PIMCO Municipal Income 
Fund II
  424(b)(5)    333-266754          8/11/2022                         $20,857.50(4)


(1)

Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(d) and 457(f)(2) promulgated under the Securities Act of 1933, as amended (the “Securities Act”), the proposed maximum aggregate offering price is an amount equal to the product of (i) 26,312,806.48 common shares of PIMCO Municipal Income Fund (“PMF”) and 33,462,380.76 common shares of PIMCO Municipal Income Fund III (“PMX”), the estimated maximum number of common shares of PMF and PMX that may be exchanged for common shares of PIMCO Municipal Income Fund II (“PML” or the “Registrant”) in accordance with the terms of each applicable Agreement and Plan of Reorganization (the “Agreement”), and (ii) $9.0 and $8.0, the net asset value of the common shares of PMF and PMX, respectively, on April 30, 2025 (within fifteen days prior to the date of filing of this Registration Statement), rounded up to the nearest whole dollar.

 

(2)

Estimated pursuant to Rule 457(o) under the Securities Act solely for the purpose of determining the registration fee.

 

(3)

Previously paid in connection with the Registrant’s registration statement on Form N-14 (File No. 333-286391) filed with the Securities and Exchange Commission on April 4, 2025 when the amount of the registration fee was offset pursuant to Rule 457(p) under the Securities Act in connection with the registration fee that had already been paid and remained unused with respect to securities that were previously registered pursuant to the 2022 Prospectus Supplement (as defined in footnote (4) below).

 

(4)

On August 11, 2022, PML filed (i) an automatically effective shelf registration statement, deferring payment of all registration fees (the “2022 Registration Statement”), and (ii) a prospectus supplement, pursuant to the 2022 Registration Statement (the “2022 Prospectus Supplement”), relating to the offer and sale of PML’s common shares having an aggregate offering price of up to $225,000,000 under PML’s then current “at the market” program (the “ATM Shares”). In connection with the filing of the 2022 Prospectus Supplement, PML made a contemporaneous registration fee payment of $20,857.50. The offering of unsold ATM Shares pursuant to the 2022 Registration Statement has been terminated, and $202,419,317 of PML’s common shares remain unsold under the 2022 Prospectus Supplement. Pursuant to Rule 457(p) under the Securities Act, the registration fee of $18,500.97 that has already been paid and remains unused with respect to securities that were previously registered pursuant to the 2022 Prospectus Supplement and were not sold thereunder or other registration fees for PML is offset against the registration fee of $77,241.14 due for this registration statement filing.