Form 4: Bank of America Corp and Merrill Lynch Report Transactions in Nuveen Municipal Credit Income Fund (NZF)

Bank of America Corporation and Merrill Lynch, Pierce, Fenner & Smith Incorporated jointly report transactions in Nuveen Municipal Credit Income Fund (NZF) common stock, indicating changes in beneficial ownership.

Summary

• Bank of America Corporation and Merrill Lynch, Pierce, Fenner & Smith Incorporated jointly filed a Form 4 with the SEC.
• The report details transactions involving common stock of Nuveen Municipal Credit Income Fund (NZF).
• The transactions occurred on February 18, 2025, and involved both the acquisition and disposition of shares.
• Bank of America Corporation holds an indirect interest in the securities through its 100% ownership of Merrill Lynch.
• The reporting persons disclaim beneficial ownership except to the extent of their pecuniary interest.
• The filing includes a Joint Filing Agreement as Exhibit 99.1.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard regulatory filing reporting transactions. There is no inherent positive or negative implication.

Industry Context

This filing is a routine disclosure of transactions by a major financial institution in a publicly traded fund, which is a common occurrence in the investment management industry.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.

Key Dates

Keywords

Form 4, Nuveen Municipal Credit Income Fund, NZF, Bank of America, Merrill Lynch, Beneficial Ownership, SEC, Transactions, Common Stock