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

Bank of America Corp, along with Merrill Lynch, reports a transaction involving Nuveen Quality Municipal Income Fund shares, indicating a purchase and subsequent sale of 800 shares each.

Summary

• Bank of America Corporation and Merrill Lynch, Pierce, Fenner & Smith Incorporated jointly filed a statement regarding changes in beneficial ownership of Nuveen Quality Municipal Income Fund shares.
• On January 15, 2025, 800 shares of common stock were purchased at a price of $11.71 per share.
• On the same day, 800 shares of common stock were disposed of at a price of $11.66 per share.
• Following these transactions, the reporting persons indirectly own 800 shares.
• The reporting persons disclaim beneficial ownership of the securities except to the extent of their pecuniary interest.
• The filing includes a joint filing agreement between Bank of America Corporation and Merrill Lynch.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, reflecting a neutral sentiment. It reports a transaction without expressing any positive or negative outlook.

Management Comments

• Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein.
• This report shall not be deemed an admission that any such Reporting Person is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Securities Exchange Act of 1934 (the 'Exchange Act'), or for any other purpose.

Industry Context

Form 4 filings are standard practice for reporting transactions by company insiders or significant shareholders, providing transparency to the market.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the small volume of shares traded.

Key Dates