Bank of America Files SC 13D/A for Blackrock Muniassets Fund

TL;DR

BofA filed an update on Blackrock Muniassets Fund. Check for changes.

AI Summary

On April 12, 2024, Bank of America Corp. /DE/ filed an SC 13D/A amendment regarding its holdings in Blackrock Muniassets Fund, Inc. The filing indicates a change in the reporting person's status or holdings, though specific new dollar amounts or percentages are not detailed in this excerpt. This amendment updates previous filings concerning the investment fund.

Why It Matters

This filing is an update to a previous Schedule 13D, signaling a potential shift in Bank of America's stake or strategy concerning Blackrock Muniassets Fund, Inc.

Risk Assessment

Risk Level: medium — Schedule 13D filings often indicate significant stake changes or activist intentions, which can introduce volatility.

Key Players & Entities

• BLACKROCK MUNIASSETS FUND, INC. (company) — Subject Company
• BANK OF AMERICA CORP /DE/ (company) — Filing Person
• BANC OF AMERICA PREFERRED FUNDING CORP (company) — Group Member

FAQ

Key Financial Figures

• $100,000 — ndered on April 11, 2024 for a price of $100,000 per share (the " Transaction ") and as

Filing Documents

• ef20026461_sc13da.htm (SC 13D/A) — 107KB
• ef20026461_ex99-1.htm (EX-99.1) — 6KB
• ef20026461_ex99-2.htm (EX-99.2) — 5KB
• 0001140361-24-019636.txt ( ) — 120KB

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: "The 1,750 VRDP Shares (CUSIP No. 09254J201) held by BAPFC were automatically tendered on April 11, 2024 for a price of $100,000 per share (the " Transaction ") and as a result of the Transaction, the Reporting Persons no longer own any VRDP Shares (CUSIP No. 09254J201) of the Issuer." Item 4 Purpose of the 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: "As a result of the Transaction, the Reporting Persons no longer own any VRDP Shares (CUSIP No. 09254J201) of the Issuer." Item 5 Interest in Securities of the Issuer Paragraphs (d) and (e) of Item 5 of the Original Schedule 13D is hereby amended and restated in its entirety with the following: "(d) Not applicable (e) On April 11, 2024, as a result of the Transaction, the Reporting Persons ceased to be the beneficial owner of more than five percent of the class of securities." 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 Description of Exhibit 99.1 Joint Filing Agreement 99.2 Limited Power of Attorney"

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 12, 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 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 President, The Private Bank President, The Private Bank of Bank of America Corporation Matthew M. Koder Presiden