BofA Files 13D/A for Nuveen NY Muni Fund

TL;DR

BofA updated its stake in Nuveen NY Muni Fund, filing a 13D/A.

AI Summary

On December 13, 2024, Bank of America Corp. filed an amendment (Amendment No. 6) to its Schedule 13D/A regarding Nuveen New York Quality Municipal Income Fund. This filing indicates a change in the reporting of beneficial ownership for the issuer, which was formerly known as Nuveen New York Dividend Advantage Municipal Fund.

Why It Matters

This filing updates ownership information for a significant municipal income fund, potentially signaling strategic shifts or regulatory compliance by Bank of America.

Risk Assessment

Risk Level: low — The filing is an amendment to a previous filing and appears to be administrative or a routine update of ownership information.

Key Players & Entities

• Bank of America Corp. /DE/ (company) — Filer of the Schedule 13D/A
• Nuveen New York Quality Municipal Income Fund (company) — Subject Company
• Nuveen New York Dividend Advantage Municipal Fund (company) — Former name of the Subject Company

FAQ

Key Financial Figures

• $11.1034 — in the price of the Common Stock below $11.1034 per share and the Reporting Persons wil
• $11.167 — to determine when payments are made to $11.167. Without admitting these changes result
• $11.1714 — in the price of the Common Stock below $11.1714 per share and the counterparty will pay
• $10.4049 — in the price of the Common Stock below $10.4049 per share and the Reporting Persons wil
• $10.2972 — to determine when payments are made to $10.2972. Without admitting these changes result
• $10.2508 — to determine when payments are made to $10.2508. Without admitting these changes result
• $10.2421 — to determine when payments are made to $10.2421. Without admitting these changes result
• $9.9915 — to determine when payments are made to $9.9915. Without admitting these changes result
• $9.7221 — to determine when payments are made to $9.7221. Without admitting these changes result
• $10.0379 — to determine when payments are made to $10.0379. Without admitting these changes result
• $9.9323 — to determine when payments are made to $9.9323. Without admitting these changes result

Filing Documents

• ef20037752_sc13da.htm (SC 13D/A) — 1007KB
• ef20037752_ex99-1.htm (EX-99.1) — 3KB
• 0001140361-24-049459.txt ( ) — 1013KB

From the Filing

SC 13D/A 1 ef20037752_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. 6) NUVEEN NEW YORK QUALITY MUNICIPAL INCOME FUND (Name of Issuer) Preferred Shares (Title of Class of Securities) 670654102 (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 7, 2015 (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. 670654102 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) 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 1,270 9 SOLE DISPOSITIVE POWER 0 10 SHARED DISPOSITIVE POWER 1,270 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,270 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) 58.8%* 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) HC *The calculation of the percentage of outstanding shares is based on 2,160 shares of AMTP and VRDP shares outstanding as of June 13, 2024, as disclosed by the Issuer in its Joint Proxy Statement filed with the SEC on June 27, 2024. CUSIP No. 670654102 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) 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 1,270 9 SOLE DISPOSITIVE POWER 0 10 SHARED DISPOSITIVE POWER 1,270 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,270 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) 58.8%* 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO *The calculation of the percentage of outstanding shares is based on 2,160 shares of AMTP and VRDP shares outstanding as of June 13, 2024, as disclosed by the Issuer in its Joint Proxy Statement filed with the SEC on June 27, 2024. This Amendment No. 6 (this " Amendment ") amends, as set forth below, the statement on Schedule 13D, dated June 3, 2014 and filed with the SEC on June 4, 2014, (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 adjustable rate munifund term preferred shares (" AMTP Shares ") of Nuveen New York Quality Municipal Income Fund (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 I

View Full Filing

View this SC 13D/A filing on SEC EDGAR