Bank of America Files SC 13D/A for Blackrock MuniYield Quality Fund
Ticker: MQY · Form: SC 13D/A · Filed: Dec 13, 2024 · CIK: 890196
| Field | Detail |
|---|---|
| Company | Blackrock Muniyield Quality Fund, INC. (MQY) |
| Form Type | SC 13D/A |
| Filed Date | Dec 13, 2024 |
| Risk Level | medium |
| Pages | 15 |
| Reading Time | 19 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: ownership-change, sec-filing, municipal-bonds
TL;DR
BofA filed a 13D/A for Blackrock MuniYield Quality Fund. Ownership change incoming?
AI Summary
On December 13, 2024, Bank of America Corp. filed an SC 13D/A amendment concerning Blackrock MuniYield Quality Fund, Inc. This filing indicates a change in the reporting of beneficial ownership for the fund, with Bank of America Corp. being the filer.
Why It Matters
This filing signals a potential shift in the ownership or control structure of Blackrock MuniYield Quality Fund, Inc., which could impact its investment strategy and performance.
Risk Assessment
Risk Level: medium — Changes in beneficial ownership filings can indicate strategic shifts or potential activist involvement, warranting closer monitoring.
Key Players & Entities
- Bank of America Corp. /DE/ (company) — Filer of the SC 13D/A
- BLACKROCK MUNIYIELD QUALITY FUND, INC. (company) — Subject company of the SC 13D/A
- BANC OF AMERICA PREFERRED FUNDING CORP (company) — Group member in the filing
FAQ
What specific change in beneficial ownership is being reported by Bank of America Corp.?
The filing is an amendment (SC 13D/A), indicating a change in previously reported information regarding beneficial ownership of Blackrock MuniYield Quality Fund, Inc. Specific details of the change are not provided in the header information.
When was this SC 13D/A filing submitted?
The filing was submitted on December 13, 2024.
What is the Central Index Key (CIK) for Blackrock MuniYield Quality Fund, Inc.?
The CIK for Blackrock MuniYield Quality Fund, Inc. is 0000890196.
What is the SEC file number for this SC 13D/A filing?
The SEC file number is 005-84463.
What is the primary business address for Bank of America Corp. /DE/?
The business address for Bank of America Corp. /DE/ is 100 N TRYON ST, CHARLOTTE, NC 28255.
Filing Stats: 4,636 words · 19 min read · ~15 pages · Grade level 3.3 · Accepted 2024-12-13 16:14:14
Filing Documents
- ef20038050_sc13da.htm (SC 13D/A) — 1633KB
- ef20038050_ex99-1.htm (EX-99.1) — 3KB
- 0001140361-24-049452.txt ( ) — 1638KB
From the Filing
SC 13D/A 1 ef20038050_sc13da.htm SC 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D/A Under the Securities Exchange Act of 1934 (Amendment No. 4 ) BLACKROCK MUNIYIELD QUALITY FUND, INC. (Name of Issuer) VARIABLE RATE DEMAND PREFERRED SHARES (Title of Class of Securities) 09254F704 (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) April 5, 2019 (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 that is the subject of this Schedule 13D, and is filing this schedule because of 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box . Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See 240.13d-7(b) for other parties to whom copies are to be sent. 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 on 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/A CUSIP No. 09254F704 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 0 9 SOLE DISPOSITIVE POWER 0 10 SHARED DISPOSITIVE POWER 0 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 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) 0% 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) HC CUSIP No. 09254F704 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 0 9 SOLE DISPOSITIVE POWER 0 10 SHARED DISPOSITIVE POWER 0 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 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) 0% 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO This Amendment No. 4 (this "Amendment") amends, as set forth below, the statement on Schedule 13D, dated March 14, 2019 and filed with the SEC on March 25, 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 variable rate demand preferred shares (" VRDP Shares ") of BlackRock MuniYield Quality Fund, Inc. (the " Issuer "). This Amendment is being filed to disclose previously unreported trades. 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 The Reporting Persons have effected the transactions in securities of the Issuer identified in Schedule III. 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 inserting the following exhibits in their place: Exhibit No. Description 99.1 Joint Filing Agreement, dated as of December 13 , 2024, by and among the Reporting Persons. SIGNATURE 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: December 13, 2024. BANK OF AMERICA CORPORATION By: /s/ Andres Ortiz Name: Andres Ortiz Title: Authorized Signatory BANC OF AMERICA PREFERRED FUNDING CORPORATION By