The Board of Trustees/Directors of the PIMCO closed-end funds has declared a special year-end distribution of $0800 for PIMCO Municipal Income Fund’ common shares. The distribution is payable on December 21, 2020 to shareholders of record on December 17, 2020, with an ex-dividend date of December 16, 2020. In addition to the regular monthly dividend, this special year-end distribution is being paid to allow the Funds to meet their 2020 distribution requirements for federal excise tax purposes. The Funds’ total distribution will be taxable to shareholders in 2020.