SCHEDULE: Bank of America Discloses Stake in Blackstone Fund
Ownership Filing
Bank of America Corp. has filed a Schedule 13G, reporting beneficial ownership of 528,184 shares, representing 4.1% of the outstanding common stock in Blackstone Senior Floating Rate 2027 Term Fund.
Summary
- Bank of America Corp. (BofA) has filed an amendment to its Schedule 13G, indicating a beneficial ownership of 528,184 shares of common stock in the Blackstone Senior Floating Rate 2027 Term Fund.
- This holding represents 4.1% of the class of securities.
- The filing is made on behalf of BofA and its subsidiary, Merrill Lynch Pierce Fenner & Smith, Inc., which is a registered broker-dealer.
- The beneficial ownership calculation is based on 13,019,938 outstanding shares as disclosed by the issuer on March 6, 2026, reflecting share totals as of December 31, 2025.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it is a standard disclosure of an existing investment position rather than an announcement of new strategic initiatives or performance results.
Positives
- Bank of America Corp. has disclosed its beneficial ownership, providing transparency regarding its investment in the Blackstone Senior Floating Rate 2027 Term Fund.
Risks
- The filing does not explicitly mention any risks associated with this investment.
Future Outlook
The filing does not contain any forward-looking statements or guidance regarding future performance or intentions of Bank of America Corp. concerning this investment.
Industry Context
StockSavvy.ai notes that this Schedule 13G filing by Bank of America Corp. is a routine disclosure for institutional investors crossing a certain ownership threshold. It indicates a significant, but not controlling, stake in the Blackstone Senior Floating Rate 2027 Term Fund, a specialized debt fund.
Stakeholder Impact
- Shareholders of Blackstone Senior Floating Rate 2027 Term Fund: The disclosure provides transparency on a significant institutional holder, which can be viewed positively by other investors.
- Bank of America Corp. Stakeholders: The filing confirms a specific investment position, allowing stakeholders to assess the company's portfolio.
Next Steps
- Bank of America Corp. will continue to hold its beneficial ownership in the Blackstone Senior Floating Rate 2027 Term Fund, subject to its investment strategy and regulatory requirements.
Key Dates
| Date | Description |
|---|---|
| 2025-12-31 | Date as of which issuer's share totals were reported. |
| 2026-03-06 | Date of issuer's Form N-CSR disclosing share totals. |
| 2026-03-31 | Date of Event Which Requires Filing of this Statement. |
| 2026-04-27 | Date of signature on the Schedule 13G filing. |
Keywords
Schedule 13G, Blackstone Senior Floating Rate 2027 Term Fund, Bank of America, Merrill Lynch, Beneficial Ownership, Common Stock, Investment Fund, SEC Filing
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.