SCHEDULE: Bank of America Amends Invesco Muni Preferred Share Agreement
Schedule 13D Amendment
Bank of America Corporation and Banc of America Preferred Funding Corp filed an amendment to their purchase agreement for Invesco Trust for Investment Grade New York Municipals' VMTP Shares.
Summary
- Bank of America Corporation (BAC) and Banc of America Preferred Funding Corporation (BAPFC) filed Amendment No. 4 to their Schedule 13D.
- The amendment pertains to their beneficial ownership of Series 2015/6-VTN Variable Rate Muni Term Preferred Shares (VMTP Shares) of Invesco Trust for Investment Grade New York Municipals.
- The filing reports the execution of an Amendment to the Variable Rate Muni Term Preferred Shares Purchase Agreement, dated September 5, 2025.
- BAC and BAPFC collectively beneficially own 464.00 VMTP Shares, representing 100.0% of the class.
Sentiment
Score: 5
Explanation: Neutral, as the filing is a factual report of an amendment to an existing agreement, without any explicit positive or negative implications for the issuer's performance or financial health detailed within the filing itself.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders of Invesco Trust for Investment Grade New York Municipals may be indirectly impacted by any changes to the terms of the Variable Rate Muni Term Preferred Shares Purchase Agreement, though the specific impact is not detailed in this filing.
Key Dates
| Date | Description |
|---|---|
| 2019-05-30 | Original Schedule 13D dated. |
| 2019-06-07 | Original Schedule 13D filed with the SEC. |
| 2025-09-05 | Date of event requiring filing; execution of Amendment to Variable Rate Muni Term Preferred Shares Purchase Agreement. |
| 2025-09-09 | Signature date of the Schedule 13D Amendment No. 4. |
Keywords
Bank of America, Invesco, Schedule 13D, Preferred Shares, Municipal Bonds, Variable Rate, Muni Term Preferred Shares, BAC, BAPFC, Ownership Disclosure
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