On July 26, 2013, Brigade Capital Management, LLC announced that Institutional Shareholder Services Inc (ISS) ,an independent proxy advisory firm, recommended the preferred shareholders of PIMCO Income Strategy Fund II to vote in favor of the election of Alan Bruce Miller, Brigade Capital 's nominee, to serve as a preferred shares trustee of the Fund. Further, Brigade Capital stated that ISS recommended the Funds shareholders to withhold votes for the Fund's incumbent nominees at the Funds 2013 annual shareholder meeting.