SCHEDULE 13D/A 0001567619-19-014067 0000070858 XXXXXXXX LIVE 10 REMARKETABLE VARIABLE RATE MUNIFUND TERM PREFERRED 04/16/2025 false 0001723701 72203E400 PIMCO Flexible Municipal Income Fund

1633 BROADWAY NEW YORK NY 10019

Bank of America Corporation 980-825-9256 Bank of America Corporate Center 100 N. Tryon Street Charlotte NC 28255 0000070858 BANK OF AMERICA CORP /DE/ b WC Y DE 0 3500 0 3500 3500 N 63.6 HC Y Banc of America Preferred Funding Corporation b WC DE 0 3500 0 3500 3500 N 63.6 CO REMARKETABLE VARIABLE RATE MUNIFUND TERM PREFERRED PIMCO Flexible Municipal Income Fund 1633 BROADWAY NEW YORK NY 10019 This Amendment No. 10 (this "Amendment") amends, as set forth below, the statement on Schedule 13D, dated June 17, 2019 and filed with the SEC on June 27, 2019 (as amended to the date hereof, the "Original Schedule 13D"), for Bank of America Corporation ("BAC") and Banc of America Preferred Funding Corporation ("BAPFC") (collectively, the "Reporting Persons") with respect to the remarketable variable rate munifund term preferred shares ("RVMTP Shares") of PIMCO Flexible Municipal Income Fund (the "Issuer"). This Amendment is being filed as a result of the purchase of RVMTP Shares described as the Remarketable Variable Rate MuniFund Term Preferred Shares, Series 2055-A (the "2055-A RVMTP Shares") of the Issuer (CUSIP No. 72203E863) in the amount of 1,500 shares purchased by BAPFC. In addition to the 2055-A RVMTP Shares, BAPFC holds 500 2049-A RVMTP Shares (CUSIP No. 72203E509), 500 2051-A RVMTP Shares (CUSIP No. 72203E400), and 1,000 2052-B RVMTP Shares (CUSIP No. 72203E871). Item 2(c) of the Original Schedule 13D is hereby amended by: deleting Schedule I referenced therein and replacing it with Schedule I included with this Amendment. Item 2(d) of the Original Schedule 13D is hereby amended by: deleting Schedule II referenced therein and replacing it with Schedule II included with this Amendment. Item 3 of the Original Schedule 13D is hereby amended by adding the following paragraph at the end thereof: "The Reporting Persons purchased 1,500 2055-A RVMTP Shares (CUSIP No. 72203E863) from the Issuer (the "Series 2055-A Purchase"). The aggregate amount of funds used by the Reporting Persons for the Series 2055-A Purchase was approximately $150,000,000. The source of funds was the working capital of the Reporting Persons." Item 4 of the Original Schedule 13D is hereby amended by adding the following paragraph at the end thereof: "BAPFC made the Series 2055-A Purchase for investment purposes. BAPFC acquired the 2055-A RVMTP Shares (CUSIP No. 72203E863) pursuant to a RVMTP Purchase Agreement, dated April 16, 2025, between the Issuer, BAPFC, and BofA Securities, Inc., as DTC Agent, on their initial issuance for a purchase price of $150,000,000. The Reporting Persons have not acquired the subject securities with any purpose, or with the effect of, changing or influencing control of the Issuer, or in connection with or as a participant in any transaction having that purpose or effect." Paragraph (a) of Item 5 of the Original Schedule 13D is hereby amended and restated to read as follow: "The responses of the Reporting Persons to rows (7) through (11) of the cover pages of this Amendment 1 are incorporated herein by reference". Paragraph (b) of Item 5 of the Original Schedule 13D is hereby amended and restated to read as follow: "The responses of the Reporting Persons to rows (7) through (11) of the cover pages of this Amendment 1 are incorporated herein by reference." Paragraph (c) of Item 5 of the Original Schedule 13D is hereby amended and restated to read as follow: "The responses of the Reporting Persons in Item 3 and Item 4 are incorporated herein by reference." Item 6 of the Original Schedule 13D is hereby amended by adding the following at the end of the first paragraph thereof: "The voting and consent rights on of the 1,500 2055-A RVMTP Shares acquired in the Series 2055-A Purchase by BAPFC will be treated in the same manner as previously described in this Item 6." Item 7 of the Original Schedule 13D is hereby amended by deleting Exhibit 99.1 and Exhibit 99.2 thereto and the insertion of the following exhibits: "Exhibit Description of Exhibit 99.1 Joint Filing Agreement 99.2 Power of Attorney 99.17 Registration Rights Agreement, dated April 16, 2025 99.18 RVMTP Purchase Agreement, dated April 16, 2025" 99.19 Schedule I 99.20 Schedule II" BANK OF AMERICA CORP /DE/ /s/ Andres Ortiz 04/17/2025 Banc of America Preferred Funding Corporation /s/ Andres Ortiz 04/17/2025