01/14/2026 | Press release | Distributed by Public on 01/14/2026 16:16
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE
SECURITIES EXCHANGE ACT OF 1934
Filed by the Registrant ☒
Filed by a Party other than the Registrant ☐
Check the appropriate box:
| ☐ | Preliminary Proxy Statement |
| ☐ | Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
| ☐ | Definitive Proxy Statement |
| ☒ | Definitive Additional Materials |
| ☐ | Soliciting Material Pursuant to §240.14a-2 |
Tax-Free Fixed Income Fund II for Puerto Rico Residents, Inc.
(Name of Registrant as Specified In Its Charter)
Payment of Filing Fee (Check the appropriate box):
| ☒ | No fee required. |
| ☐ | Fee paid previously with preliminary materials. |
| ☐ | Fee amount computed on table in exhibit as required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. |
Tax-Free Fixed Income Fund II for Puerto Rico Residents, Inc.
250 Muñoz Rivera Avenue
American International Plaza, Tenth Floor
San Juan, Puerto Rico 00918
SUPPLEMENT TO PROXY STATEMENT RELATED
TO THE 2026 ANNUAL MEETING OF SHAREHOLDERS
The following information supplements the Proxy Statement (the "Proxy Statement") of Tax-Free Fixed Income Fund II for Puerto Rico Residents, Inc. (the "Fund") filed by the Fund with the Securities and Exchange Commission on December 23, 2025 in connection with the Fund's 2026 Annual Meeting of Shareholders (the "2026 Annual Meeting"). The 2026 Annual Meeting was originally scheduled to be convened on January 29, 2026. This supplement should be read in conjunction with the Proxy Statement.
As previously disclosed, on December 30, 2025, Ocean Capital LLC ("Ocean Capital") submitted notice to the Fund stating its intention to nominate three director candidates for election at the 2026 Annual Meeting (the "Nomination Notice"). The Nomination Notice stated that Ocean Capital had submitted a shareholder proposal pursuant to Rule 14a-8 under the Securities Exchange Act of 1934, as amended, on August 5, 2025 (the "14a-8 Proposal"). Prior to receipt of the Nomination Notice, the Fund was not aware of the 14a-8 Proposal. After a thorough search of its records, the Fund confirmed on January 6, 2026 that notice of the 14a-8 Proposal was delivered by FedEx at the Fund's principal executive offices on or about August 6, 2025, but was inadvertently disregarded by the Fund.
The Fund intends to amend and restate the Proxy Statement in order to include the 14a-8 Proposal and will distribute the Proxy Statement, as amended and restated, to all shareholders entitled to notice of and to vote at the 2026 Annual Meeting. In order to prepare and distribute the amended and restated Proxy Statement and provide time for shareholders to review it, the Fund will postpone the 2026 Annual Meeting to a date to be announced.