Liquidation: AB MUNICIPAL INCOME FUND II

Form Type: 497

Filing Date: 2025-02-14

Corporate Action: Liquidation

Type: New

Accession Number: 000091957425001504

Filing Summary: On February 13, 2025, at a Special Meeting of Shareholders, shareholders of AB Municipal Income Fund II approved a proposal to liquidate and terminate each of the Portfolios: AB Minnesota Portfolio, AB New Jersey Portfolio, AB Ohio Portfolio, and AB Pennsylvania Portfolio. Liquidating distributions are anticipated to occur on or shortly after April 17, 2025. Prior to this decision, on November 8, 2024, shares of the Portfolios were suspended for most sales and exchanges to prepare for liquidation. The Board has waived contingent deferred sales charges for redemptions and shareholders may redeem or exchange shares until April 15, 2025. The Portfolios will start converting assets to cash approximately four weeks before distributions. They will cease pursuing their investment objectives, focusing solely on winding up operations and distributing remaining assets to shareholders.

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Form Type: DEFA14A

Filing Date: 2025-01-13

Corporate Action: Liquidation

Type: New

Accession Number: 000091957425000324

Filing Summary: The AB Municipal Income Fund II's shareholder meeting originally scheduled for January 13, 2025, has been adjourned and will reconvene on February 13, 2025. The meeting's key agenda is a proposal to liquidate and terminate each of the Portfolios. Shareholders who have not yet voted are being urged to do so as their votes are necessary to meet the required threshold for the proposal. The board of trustees is recommending a vote in favor of the liquidation proposal, and various methods for voting are provided to facilitate participation, including online voting, telephone voting, and mail. Shareholders are reminded of the importance of the proxy materials that outline the details of the liquidation proposal, and assistance is available through a proxy specialist.

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Form Type: DEFA14A

Filing Date: 2024-12-19

Corporate Action: Liquidation

Type: Update

Accession Number: 000091957424007205

Filing Summary: The document serves as a definitive additional materials proxy statement related to a follow-up notice addressing shareholders of the AB Municipal Income Fund II portfolios. It emphasizes the need for shareholder votes regarding the liquidation and termination of the Portfolios. Although a majority of votes received are in favor, there are insufficient votes to meet quorum requirements. Shareholders are urged to cast their votes by January 13, 2025, to approve the liquidation, and specific instructions are provided for how to vote.

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Form Type: CORRESP

Filing Date: 2024-11-26

Corporate Action: Liquidation

Type: Update

Accession Number: 000091957424006900

Filing Summary: AB Municipal Income Fund II is responding to comments from the SEC regarding its preliminary proxy statement filed for the proposed liquidations of five of its portfolios: AB Arizona Portfolio, AB Minnesota Portfolio, AB New Jersey Portfolio, AB Ohio Portfolio, and AB Pennsylvania Portfolio. The registrant confirms that these five portfolios do not constitute all of its existing series and that it will not deregister post-liquidation. The registrant intends to use reasonable efforts to locate all shareholders and will remain current with all filing obligations until and after the liquidations. Liquidation proceeds are expected to be delivered in compliance with the Investment Company Act of 1940, specifically within the required seven days.

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Form Type: PRE 14A

Filing Date: 2024-11-12

Corporate Action: Liquidation

Type: New

Accession Number: 000091957424006302

Filing Summary: AB Municipal Income Fund II proposes the liquidation and termination of its five Portfolios: AB Arizona Portfolio, AB Minnesota Portfolio, AB New Jersey Portfolio, AB Ohio Portfolio, and AB Pennsylvania Portfolio. The Trustees, advised by AllianceBernstein L.P., concluded that these Portfolios lack sufficient assets for viable continued operation and are unlikely to attract meaningful investment. A Special Meeting is scheduled for January 13, 2025, to seek shareholder approval for the proposal, which requires the affirmative vote of 67% or more of the voting securities present. The meeting will cover the details of the liquidation process, including the orderly sale of portfolio securities and distribution of proceeds to shareholders. The decision was influenced by the Portfolios' small sizes, high expense ratios, and the impracticality of merging alternatives. Liquidation will not occur until officially approved by shareholders. If approved, distributions will be made as quickly as possible after handling liabilities and expenses.

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