Predicted to enable phosphatidylinositol-4,5-bisphosphate 4-phosphatase activity. Involved in negative regulation of phagocytosis and phosphatidylinositol dephosphorylation. Located in late endosome membrane; phagocytic vesicle membrane; and plasma membrane. Orthologous to human PIP4P2 (phosphatidylinositol-4,5-bisphosphate 4-phosphatase 2). [provided by Alliance of Genome Resources, Apr 2022]