Bank of America Files SC 13D for PIMCO Muni Fund

TL;DR

**BAC files 13D on PIMCO muni fund. Ownership change.**

AI Summary

On April 24, 2024, Bank of America Corp. filed an SC 13D, indicating a change in its beneficial ownership of PIMCO California Municipal Income Fund II. The filing does not specify the exact number of shares or the percentage of ownership, but it signifies a significant stake held by Bank of America in the municipal income fund.

Why It Matters

This filing signals a notable change in the ownership structure of a municipal income fund, potentially impacting its management and investment strategy.

Risk Assessment

Risk Level: medium — SC 13D filings often precede significant corporate actions or shifts in control, warranting attention from investors in the affected company.

Key Players & Entities

• Bank of America Corp. /DE/ (company) — Filing entity
• PIMCO California Municipal Income Fund II (company) — Subject company
• BANC OF AMERICA PREFERRED FUNDING CORP (company) — Group member

FAQ

Key Financial Figures

• $90,000,000 — ities reported herein was approximately $90,000,000. The source of funds was the working ca

Filing Documents

• ef20027477_sc13d.htm (SC 13D) — 135KB
• ef20027477_ex99-1.htm (EX-99.1) — 6KB
• ef20027477_ex99-2.htm (EX-99.2) — 5KB
• ef20027477_ex99-3.htm (EX-99.3) — 75KB
• ef20027477_ex99-4.htm (EX-99.4) — 374KB
• ef20027477_ex99-5.htm (EX-99.5) — 89KB
• 0001140361-24-021785.txt ( ) — 686KB

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: April 24, 2024 BANK OF AMERICA CORPORATION By: /s/ Michael Jentis Name: Michael Jentis Title: Attorney-in-fact BANC OF AMERICA PREFERRED FUNDING CORPORATION By: /s/ Michael Jentis Name: Michael Jentis Title: Authorized Signatory LIST OF EXHIBITS Exhibit Description of Exhibit 99.1 Joint Filing Agreement 99.2 Limited Power of Attorney 99.3 Voting Trust Agreement dated April 17, 2024 99.4 RVMTP Shares Purchase Agreement dated April 17, 2024 99.5 Registration Rights Agreement dated April 17, 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,

View Full Filing

View this SC 13D filing on SEC EDGAR