Form 4: JPMorgan Chase Bank, N.A. Disposes of Nuveen Municipal Credit Opportunities Fund Shares Following Redemption
SEC Form 4 Filing
JPMorgan Chase Bank, N.A. reports the disposal of 110 Series C MuniFund Preferred Shares of Nuveen Municipal Credit Opportunities Fund due to a redemption by the issuer.
Summary
- JPMorgan Chase Bank, N.A. filed a Form 4 indicating a change in beneficial ownership of Nuveen Municipal Credit Opportunities Fund [NMCO] shares.
- The transaction occurred on April 22, 2025.
- JPMorgan Chase Bank, N.A. disposed of 110 Series C MuniFund Preferred Shares (MFP Shares) due to a redemption by the issuer.
- The redemption price was $100,279.068455 per share, including a liquidation preference of $100,000.00 and accrued dividends of $279.068455.
- Following the transaction, JPMorgan Chase Bank, N.A. indirectly owns 990 Series C MuniFund Preferred Shares through a trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to a share redemption, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by insiders, providing transparency to the market.
Key Dates
| Date | Description |
|---|---|
| 04/22/2025 | Date of transaction: Disposal of Series C MuniFund Preferred Shares. |
| 05/02/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, beneficial ownership, JPMorgan Chase Bank, N.A., Nuveen Municipal Credit Opportunities Fund, NMCO, Series C MuniFund Preferred Shares, redemption, liquidation preference, accrued dividends
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