Form 4: Bank of America Corp Reports Transaction in Nuveen Municipal Credit Income Fund

Bank of America Corp, along with Merrill Lynch, reports a transaction involving Nuveen Municipal Credit Income Fund shares, indicating a potential adjustment in their holdings.

Summary

• Bank of America Corporation and Merrill Lynch, Pierce, Fenner & Smith Incorporated jointly filed a statement regarding changes in beneficial ownership of Nuveen Municipal Credit Income Fund shares.
• The report indicates a transaction that occurred on March 11, 2025.
• One share was purchased at $12.425 and one share was disposed of at $12.485.
• The reporting persons disclaim beneficial ownership of the securities except to the extent of their pecuniary interest.
• The filing is not an admission that the reporting persons are acting as a group for the purpose of acquiring, holding, or disposing of securities of the issuer.
• The amount of profit potentially recoverable by the Issuer from the reported transactions will be remitted to the Issuer.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of regulatory compliance for major shareholders, providing transparency into their transactions and holdings in publicly traded companies. This filing indicates activity in a closed-end fund focused on municipal credit.

Stakeholder Impact

• The transaction may have a minor impact on shareholders of Nuveen Municipal Credit Income Fund, as it reflects changes in ownership by a major institutional holder.

Key Dates