BofA Files SC 13D/A for Invesco Muni Trust

TL;DR

BofA filed an update on its stake in Invesco Muni Trust. Check the details.

AI Summary

Bank of America Corp. (DE) filed an amended SC 13D on June 4, 2024, related to its holdings in Invesco California Value Municipal Income Trust. The filing indicates a change in the reporting person's beneficial ownership, though specific new ownership percentages or dollar amounts are not detailed in this excerpt. This amendment updates previous filings concerning the trust.

Why It Matters

This filing signals a potential shift in significant beneficial ownership for the Invesco California Value Municipal Income Trust, which could impact its governance or investment strategy.

Risk Assessment

Risk Level: medium — Changes in beneficial ownership filings can indicate strategic moves by large holders, potentially affecting the security's price or future performance.

Key Players & Entities

• BANK OF AMERICA CORP /DE/ (company) — Reporting Person
• Invesco California Value Municipal Income Trust (company) — Subject Company
• BANC OF AMERICA PREFERRED FUNDING CORP (company) — Group Member

FAQ

Key Financial Figures

• $100,373.72 — May 31, 2024, for a redemption price of $100,373.72 per share (which includes a liquidation
• $100,000.00 — ch includes a liquidation preference of $100,000.00 per share and final accumulated but unp
• $373.72 — nal accumulated but unpaid dividends of $373.72 per share) and as result of the redempt

Filing Documents

• ef20030625_sc13da.htm (SC 13D/A) — 103KB
• ef20030625_ex99-1.htm (EX-99.1) — 3KB
• ef20030625_ex99-2.htm (EX-99.2) — 10KB
• 0001140361-24-028885.txt ( ) — 118KB

From the Filing

SC 13D/A 1 ef20030625_sc13da.htm SC 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 03)* Invesco California Value Municipal Income Trust (Name of issuer) Series 2015-6-VCV Variable Rate MuniTerm Preferred Shares (Title of Class of Securities) 46132H601 (CUSIP Number) Bank of America Corporation Bank of America Corporate Center 100 N. Tryon Street Charlotte, North Carolina 28255 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) May 31, 2024 (Date of Event Which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-l(e), 13d-l(f) or 13d-l(g), check the following box . *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). SCHEDULE 13D CUSIP No. 46132H601 1 NAMES OF REPORTING PERSONS Bank of America Corporation 56-0906609 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) WC 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 0 8 SHARED VOTING POWER 1,770 9 SOLE DISPOSITIVE POWER 0 10 SHARED DISPOSITIVE POWER 1,770 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,770 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 100.0% 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) HC SCHEDULE 13D CUSIP No. 46132H601 1 NAMES OF REPORTING PERSONS Banc of America Preferred Funding Corporation 75-2939570 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) WC 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 0 8 SHARED VOTING POWER 1,770 9 SOLE DISPOSITIVE POWER 0 10 SHARED DISPOSITIVE POWER 1,770 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,770 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 100.0% 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) co Item 1. Security and Issuer This Amendment No. 3 (this "Amendment") amends, as set forth below, the statement on Schedule 13D, dated November 18, 2019 and filed with the SEC on November 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 Series 2015/6-VCV Variable Rate Muni Term Preferred Shares ("VMTP Shares") of Invesco California Value Municipal Income Trust (the "Issuer"). This Amendment is being filed to report a change in the Reporting Person's ownership percentage of the Issuer as a result of the redemption of 313 VMTP Shares on May 31, 2024, as described in the Notice of Intention to Redeem Securities, N-23C-2, filed by Invesco California Value Municipal Income Trust with the SEC on May 01, 2024. The Reporting Persons are currently analyzing their additional trading activity in securities of the Issuer and expect to file another Schedule 13D amendment as promptly as reasonably practicable once that analysis is complete. Item 2. Identity and Background Item 2 of the Original Schedule 13D is hereby amended by deleting Schedule I and Schedule II referenced therein and replacing them with Schedule I and Schedule II included with this Amendment. Item 5. Interest in Securities of the Issuer Paragraphs (a) and (b) of Item 5 of the Original Schedule 13D are hereby amended and restated in their entirety by incorporating by reference the cover pages of this Amendment. Paragraph (c ) o f It em 5 of the Original Schedule 13D is hereby amended by adding the following paragraph at the end thereof: "The 313 VMTP Shares held by BAPFC were redeemed by the Issuer on May 31,

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