Form 4: Bank of America Reports NUVEEN NAN Fund Transactions

Bank of America Corporation and its subsidiary Merrill Lynch report transactions involving NUVEEN NEW YORK QUALITY MUNICIPAL INCOME FUND (NAN) common stock.

Summary

• Bank of America Corporation and Merrill Lynch, Pierce, Fenner & Smith Incorporated (collectively, the 'Reporting Persons') have jointly filed a Form 4 statement.
• The filing details transactions related to the NUVEEN NEW YORK QUALITY MUNICIPAL INCOME FUND (NAN).
• On May 19, 2026, 3,000 shares of common stock were acquired at a price of $11.28 per share.
• On the same date, 3,000 shares of common stock were disposed of at a price of $11.375 per share.
• Bank of America Corporation holds an indirect interest in these securities through its 100% ownership of Merrill Lynch.
• The Reporting Persons disclaim beneficial ownership beyond their pecuniary interest and state that this report is not an admission of beneficial ownership for any purpose.
• A joint filing agreement confirms their intention to jointly file required reports under Section 13 or 16 of the Exchange Act.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports routine trading activity without indicating significant positive or negative developments for the issuer or the reporting persons.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing, which solely reports past transactions.

Management Comments

• Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, if any, and 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.
• Each Reporting Person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) of the Exchange Act or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate or other group for the purpose of acquiring, holding or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any group with respect to the Issuer or any securities of the Issuer.
• Without conceding its status as a greater than 10% beneficial owner or that the reported transactions are subject to disclosure under Section 16(a) of the Exchange Act or short-swing profit recovery under Section 16(b) of the Exchange Act, the amount of profit potentially recoverable by the Issuer from the reported transactions in the event that the Reporting Persons were greater than 10% beneficial owners and the transactions were subject to Section 16(b) will be remitted to the Issuer.

Industry Context

StockSavvy.ai notes that this filing is a routine Form 4, indicating changes in beneficial ownership by insiders or major shareholders. Such filings are standard for monitoring significant trading activity by entities like Bank of America within investment funds.

Key Dates

Keywords

Form 4, SEC Filing, Bank of America, Merrill Lynch, NUVEEN NEW YORK QUALITY MUNICIPAL INCOME FUND, NAN, Stock Transaction, Beneficial Ownership, Securities Exchange Act