Keisha Audain-Pressley
About Keisha Audain-Pressley
Keisha Audain-Pressley serves as Chief Compliance Officer (CCO) of PIMCO Municipal Income Fund II (PML) and other PIMCO-managed funds, with the role held since 2018; year of birth: 1975. She is Executive Vice President and Deputy Chief Compliance Officer at PIMCO and the CCO across multiple affiliated funds (including PIMCO-Managed Funds, PIMCO Variable Insurance Trust, PIMCO ETF Trust, PIMCO Equity Series/VIT, PIMCO Flexible Real Estate Income Fund, and PIMCO Capital Solutions BDC Corp.). Fund documents do not disclose education, fund TSR, or operating performance metrics attributable to her role; officers are not compensated by the Funds, and the Board annually reviews the appointment and compensation of the CCO.
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| PML and affiliated PIMCO-managed funds | Chief Compliance Officer | Since 2018 | Oversees fund compliance programs; provides quarterly/annual reports to Board; supports risk oversight of compliance with federal securities laws. |
| Pacific Investment Management Company LLC (PIMCO) | Executive Vice President and Deputy Chief Compliance Officer | Past 5 years noted | Leads compliance oversight for PIMCO; interacts with Independent Trustees; administers Compliance Policies supporting registered funds. |
| PIMCO fund complex filings | Attorney-in-fact appointee on fund POAs | 2024–2025 | Authorized to execute filings on behalf of the funds, reflecting senior governance responsibilities as CCO. |
External Roles
Not disclosed in Fund documents.
Fixed Compensation
Officers of the Funds (including the CCO) are not compensated by the Funds; compensation is paid by PIMCO or its affiliates. The Board annually reviews the appointment and compensation of the CCO; specific base salary, bonus or equity figures are not disclosed in Fund documents.
| Item | Disclosure |
|---|---|
| Fund-paid compensation to CCO | None; officers are not compensated by the Funds. |
| Employer of record for CCO compensation | PIMCO or its affiliates. |
| Board oversight of CCO pay | Board annually reviews CCO appointment and compensation. |
| Base salary, target bonus %, actual bonus | Not disclosed. |
| Equity/option awards from Fund | None disclosed; officers receive no Fund compensation. |
Performance Compensation
No fund-level performance-based compensation is disclosed for the CCO; no RSUs, PSUs, options, vesting schedules, or performance metrics tied to fund compensation are provided in the Fund’s proxy materials.
| Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|
| Not disclosed for CCO (fund-level) | N/A | N/A | N/A | N/A | N/A |
Equity Ownership & Alignment
| Item | Value |
|---|---|
| Trustees, nominees, and officers (group) beneficial ownership of each Fund’s outstanding shares (as of record date) | Less than 1% per Fund. |
| Individual CCO (Keisha Audain-Pressley) Fund share ownership | Not individually disclosed. |
| Shares pledged or hedged by CCO | Not disclosed. |
| Stock ownership guidelines for officers | Not disclosed. |
| PML outstanding shares (context) | Common: 125,501,670.65; Preferred: 7,320.00. |
Employment Terms
| Term | Details |
|---|---|
| Office/tenure mechanics | Officers hold office at the pleasure of the Board and until successors are chosen and qualified or earlier removal/resignation/disqualification. |
| Reporting line | CCO reports directly to the Independent Trustees; provides quarterly presentations and annual compliance reports. |
| Compliance program | Board approves Compliance Policies; annually reviews their sufficiency and the CCO appointment/compensation. |
| Severance/change-of-control | Not disclosed for officers. |
| Clawback provisions/tax gross-ups | Not disclosed. |
| Non-compete/non-solicit | Not disclosed. |
Investment Implications
- Compensation alignment: As CCO, her pay is set and paid by PIMCO (not the Fund) and is overseen annually by the Board; no disclosed fund-linked incentive metrics, RSUs, options, or vesting schedules, indicating minimal direct pay-for-performance linkage at the Fund level.
- Retention/trading signals: Absence of fund-level equity awards and no disclosed personal holdings/pledging reduces insider selling pressure signals; individual officer ownership is not disclosed, and the officer/Trustee group collectively owns less than 1% of outstanding shares.
- Governance/execution: Keisha’s long tenure as CCO (since 2018) and her EVP/Deputy CCO role at PIMCO suggest continuity in compliance leadership; she interacts directly with Independent Trustees and supports risk oversight through regular reporting, a stabilizing factor for fund operations.
- Data gaps: Without disclosure of her compensation terms at PIMCO (salary/bonus/long-term incentives), severance/change-of-control protections, or individual ownership, investors should focus on the Board’s compliance oversight effectiveness and fund performance independent of officer pay constructs.