BofA Files 13D/A for Nuveen High Yield Muni Bond Fund

TL;DR

BofA updated its stake in Nuveen Enhanced High Yield Muni Bond Fund. Watch for details.

AI Summary

Bank of America Corp. (DE) filed an amended Schedule 13D on November 8, 2024, regarding its beneficial ownership of Nuveen Enhanced High Yield Municipal Bond Fund. The filing indicates a change in the reporting person's holdings, but specific details on the exact nature or extent of the change are not provided in this excerpt.

Why It Matters

This filing signals a potential shift in significant ownership or control of the Nuveen Enhanced High Yield Municipal Bond Fund by a major financial institution, which could impact the fund's strategy or market perception.

Risk Assessment

Risk Level: medium — Schedule 13D filings often indicate significant changes in beneficial ownership, which can lead to market volatility or strategic shifts for the involved entities.

Key Players & Entities

• BANK OF AMERICA CORP /DE/ (company) — Reporting Person
• Nuveen Enhanced High Yield Municipal Bond Fund (company) — Subject Company
• Nuveen Strategic Municipal Credit Fund (company) — Former Company Name
• Nuveen Municipal High Yield & Special Situations Fund (company) — Former Company Name

FAQ

Key Financial Figures

• $75,000,000 — l MFP Shares Purchase was approximately $75,000,000. The source of funds was the working ca

Filing Documents

• ef20038345_sc13da.htm (SC 13D/A) — 112KB
• ef20038345_ex99-1.htm (EX-99.1) — 7KB
• ef20038345_ex99-2.htm (EX-99.2) — 9KB
• ef20038345_ex99-5.htm (EX-99.5) — 297KB
• 0001140361-24-045846.txt ( ) — 428KB

of the Original Schedule 13D is hereby amended by adding the following paragraph at the end thereof

Item 3 of the Original Schedule 13D is hereby amended by adding the following paragraph at the end thereof: "On November 6, 2024, the Reporting Persons purchased an additional 750 MFP Shares (the " Additional MFP Shares ") from the Issuer (the " Additional MFP Shares Purchase "). The aggregate amount of funds used by the Reporting Persons for the Additional MFP Shares Purchase was approximately $75,000,000. The source of funds was the working capital of the Reporting Persons." Item 4 Purpose of Transaction

of the Original Schedule 13D is hereby amended by adding the following paragraph at the end thereof

Item 4 of the Original Schedule 13D is hereby amended by adding the following paragraph at the end thereof: "BAPFC made the Additional MFP Shares Purchase for investment purposes. BAPFC acquired the Additional MFP Shares directly from the Company pursuant to the Additional Series A MuniFund Preferred Shares (MFP) Purchase Agreement, dated November 6, 2024, between the Issuer and BAPFC (the " Purchase Agreement ") as Purchaser, on their initial issuance for a purchase price of $75,000,000. The Reporting Persons have not acquired the subject securities with any purpose, or with the effect of, changing or influencing control of the Issuer, or in connection with or as a participant in any transaction having that purpose or effect." Item 6 Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

of the Original Schedule 13D is hereby amended by adding the following at the end of the first paragraph thereof

Item 6 of the Original Schedule 13D is hereby amended by adding the following at the end of the first paragraph thereof: "The voting and consent rights on the Additional MFP Shares acquired in the Additional MFP Shares Purchase by BAPFC will be treated in the same manner as MFP Shares previously acquired by the Reporting Persons as previously described in this Item 6." Item 7 Material to be Filed as Exhibits Item 7 of the Original Schedule 13D is hereby amended by deleting Exhibit 99.1 and Exhibit 99.2 thereto and the insertion of the following exhibits: "Exhibit Description of Exhibit 99.1 Joint Filing Agreement 99.2 Limited Power of Attorney 99.5 Additional Series A MuniFund Preferred Shares (MFP) Purchase Agreement, dated November 6, 2024"

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: November 08, 2024 BANK OF AMERICA CORPORATION By: /s/ Andres Ortiz Name: Andres Ortiz Title: Authorized Signatory BANC OF AMERICA PREFERRED FUNDING CORPORATION By: /s/ Andres Ortiz Name: Andres Ortiz Title: Authorized Signatory LIST OF EXHIBITS Exhibit Description of Exhibit 99.1 Joint Filing Agreement 99.2 Limited Power of Attorney 99.5 Additional Series A MuniFund Preferred Shares (MFP) Purchase Agreement, dated November 6, 2024 SCHEDULE I EXECUTIVE OFFICERS AND DIRECTORS OF REPORTING PERSONS The following sets forth the name and present principal occupation of each executive officer and director of Bank of America Corporation. The business address of each of the executive officers and directors of Bank of America Corporation is Bank of America Corporate Center, 100 North Tryon Street, Charlotte, North Carolina 28255. Name Position with Bank of America Corporation Principal Occupation Brian T. Moynihan Chairman of the Board, Chief Executive Officer and Director Chairman of the Board and Chief Executive Officer of Bank of America Corporation Paul M. Donofrio Vice Chair Vice Chair of Bank of America Corporation Thong M. Nguyen Vice Chair, Head of Global Strategy & Enterprise Platforms Vice Chair, Head of Global Strategy & Enterprise Platforms of Bank of America Corporation Catherine P. Bessant Vice Chair, Global Strategy Vice Chair, Global Strategy of Bank of America Corporation Bruce R. Thompson Vice Chair, Head of Enterprise Credit Vice Chair, Head of Enterprise Credit of Bank of America Corporation Dean C. Athanasia President, Regional Banking President, Regional Banking of Bank of America Corporation James P. DeMare President, Global Markets President, Global Markets of Bank of America Corporation Kathleen A. Knox Presiden

View Full Filing

View this SC 13D/A filing on SEC EDGAR