Bank of America Files SC 13D/A for Nuveen Municipal Income Fund

TL;DR

BofA filed a 13D/A for Nuveen Muni Fund - ownership change incoming?

AI Summary

On December 13, 2024, Bank of America Corp /DE/ filed an SC 13D/A amendment concerning Nuveen AMT-Free Quality Municipal Income Fund. This filing indicates a change in beneficial ownership, with Bank of America Corp /DE/ being the filer. The filing does not specify dollar amounts or exact share counts but denotes a change in reporting status for the fund.

Why It Matters

This filing signals a potential shift in the ownership or control structure of the Nuveen AMT-Free Quality Municipal Income Fund, which could impact its investment strategy or management.

Risk Assessment

Risk Level: medium — Changes in beneficial ownership filings like SC 13D/A can indicate significant corporate actions or shifts in investment strategy, warranting attention.

Key Players & Entities

• Bank of America Corp /DE/ (company) — Filer of the SC 13D/A
• Nuveen AMT-Free Quality Municipal Income Fund (company) — Subject company of the filing
• Nuveen Investments, Inc. (company) — Address provider for Nuveen AMT-Free Quality Municipal Income Fund

FAQ

Filing Documents

• ef20037810_sc13da.htm (SC 13D/A) — 765KB
• ef20038810_ex99-1.htm (EX-99.1) — 3KB
• 0001140361-24-049472.txt ( ) — 771KB

From the Filing

SC 13D/A 1 ef20037810_sc13da.htm SC 13DA UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D/A Under the Securities Exchange Act of 1934 (Amendment No. 2) NUVEEN AMT-FREE QUALITY MUNICIPAL INCOME FUND (Name of Issuer) PREFERRED SHARES (Title of Class of Securities) 670657824 (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) February 9, 2018 (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. 670657824 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 1,350 9 SOLE DISPOSITIVE POWER 0 10 SHARED DISPOSITIVE POWER 1,350 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,350 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) 0.4%* 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) HC *The calculation of the percentage of outstanding shares is based on 350,554 shares of AMTP, MFP and VRDP shares outstanding as of April 30, 2024, as disclosed by the Issuer in its Certified Shareholder Report on Form N-CSRS filed with the SEC on July 2, 2024. CUSIP No. 670657824 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 1,350 9 SOLE DISPOSITIVE POWER 0 10 SHARED DISPOSITIVE POWER 1,350 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,350 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) 0.4%* 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO *The calculation of the percentage of outstanding shares is based on 350,554 shares of AMTP, MFP and VRDP shares outstanding as of April 30, 2024, as disclosed by the Issuer in its Certified Shareholder Report on Form N-CSRS filed with the SEC on July 2, 2024. This Amendment No. 2 (this " Amendment ") amends, as set forth below, the statement on Schedule 13D, dated February 8, 2018 and filed with the SEC on February 20, 2018 (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 " ) and munifund preferred shares ( " MFP Shares " ) of Nuveen AMT-Free 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 Item 7 of the Original Sch

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View this SC 13D/A filing on SEC EDGAR