Bank of America Files SC 13D/A for Neuberger Berman Municipal Fund

TL;DR

BAC filed a 13D/A for NBMUN. Ownership update.

AI Summary

On December 13, 2024, Bank of America Corp /DE/ filed an amendment (SC 13D/A) regarding its holdings in Neuberger Berman Municipal Fund Inc. The filing indicates a change in the reporting person's beneficial ownership, though specific dollar amounts or percentage changes are not detailed in this excerpt.

Why It Matters

This filing signals a potential shift in significant ownership or control of Neuberger Berman Municipal Fund Inc. by Bank of America Corp, which could influence the fund's strategy or market perception.

Risk Assessment

Risk Level: medium — Filings like SC 13D/A often precede significant corporate actions or changes in control, which can introduce volatility.

Key Players & Entities

• NEUBERGER BERMAN MUNICIPAL FUND INC. (company) — Subject Company
• BANK OF AMERICA CORP /DE/ (company) — Filing Person
• 1290 AVENUE OF THE AMERICAS NEW YORK NY 10104 (address) — Neuberger Berman Municipal Fund Inc. Business Address
• BANK OF AMERICA CORPORATE CENTER 100 N TRYON ST CHARLOTTE NC 28255 (address) — Bank of America Corp /DE/ Business Address

FAQ

Key Financial Figures

• $15.85 — ICE EXECUTION 01/10/2012 B 2,694 $15.85 OTC 01/10/2012 S 100 $15.78 OTC
• $15.78 — 2,694 $15.85 OTC 01/10/2012 S 100 $15.78 OTC 01/10/2012 S 94 $15.77 OTC 0
• $15.77 — S 100 $15.78 OTC 01/10/2012 S 94 $15.77 OTC 01/10/2012 S 100 $15.78 OTC
• $15.76 — 100 $15.78 OTC 01/10/2012 S 900 $15.76 OTC 01/10/2012 S 100 $15.78 OTC
• $15.7755 — 100 $15.78 OTC 04/04/2012 B 300 $15.7755 OTC 04/05/2012 S 300 $16.0704 OTC
• $16.0704 — 300 $15.7755 OTC 04/05/2012 S 300 $16.0704 OTC 07/05/2013 B 500 $13.98 OTC
• $13.98 — 300 $16.0704 OTC 07/05/2013 B 500 $13.98 OTC 07/05/2013 S 406 $13.9627 OTC
• $13.9627 — 500 $13.98 OTC 07/05/2013 S 406 $13.9627 OTC 07/05/2013 S 8 $13.98 OTC 07
• $15.6399 — 86 $13.98 OTC 12/11/2014 B 2,000 $15.6399 OTC 12/11/2014 S 200 $15.62 OTC
• $15.62 — 000 $15.6399 OTC 12/11/2014 S 200 $15.62 OTC 12/11/2014 S 1,800 $15.5701 O
• $15.5701 — 200 $15.62 OTC 12/11/2014 S 1,800 $15.5701 OTC 06/08/2015 S 10 $14.7586 OTC
• $14.7586 — ,800 $15.5701 OTC 06/08/2015 S 10 $14.7586 OTC 06/09/2015 B 10 $14.6599 OTC
• $14.6599 — 10 $14.7586 OTC 06/09/2015 B 10 $14.6599 OTC 07/05/2016 S 1,250 $16.7908 O
• $16.7908 — 0 $14.6599 OTC 07/05/2016 S 1,250 $16.7908 OTC 07/07/2016 B 200 $17.04 OTC
• $17.04 — 250 $16.7908 OTC 07/07/2016 B 200 $17.04 OTC 07/07/2016 B 750 $17.04 OTC

Filing Documents

• ef20038138_sc13da.htm (SC 13D/A) — 302KB
• ef20038138_ex99-1.htm (EX-99.1) — 4KB
• 0001140361-24-049532.txt ( ) — 308KB

From the Filing

SC 13D/A 1 ef20038138_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.8 ) NEUBERGER BERMAN MUNICIPAL FUND INC. (Name of Issuer) VARIABLE RATE MUNICIPAL TERM PREFERRED SHARES (Title of Class of Securities) 64124P408 (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) January 10, 2012 (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. 64124P408 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 2,279 9 SOLE DISPOSITIVE POWER 0 10 SHARED DISPOSITIVE POWER 2,279 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,279 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) 100%* 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) HC * The calculation of the percentage of outstanding shares is based on 2,279 shares of VMTP 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. 64124P408 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 2,279 9 SOLE DISPOSITIVE POWER 0 10 SHARED DISPOSITIVE POWER 2,279 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,279 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) 100%* 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO * The calculation of the percentage of outstanding shares is based on 2,279 shares of VMTP 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. 8 (this " Amendment ") amends, as set forth below, the statement on Schedule 13D, dated July 1, 2014 and filed with the SEC on July 9, 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 variable rate municipal term preferred shares (" VMTP Shares ") of Neuberger Berman Municipal 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

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View this SC 13D/A filing on SEC EDGAR