Form 4: Bank of America Corp and Merrill Lynch Report Transactions in Nuveen New York Quality Municipal Income Fund

Sentiment:

SEC Form 4


Bank of America Corp and Merrill Lynch jointly report transactions in Nuveen New York Quality Municipal Income Fund (NAN) common stock, including a purchase and a sale on February 4, 2025.

Summary

  • Bank of America Corporation and Merrill Lynch, Pierce, Fenner & Smith Incorporated jointly filed a Form 4 regarding transactions in Nuveen New York Quality Municipal Income Fund (NAN).
  • On February 4, 2025, the Reporting Persons purchased 1,900 shares of common stock at $11.47 per share and sold 1,900 shares at $11.4639 per share.
  • Following these transactions, the Reporting Persons beneficially own 0 shares directly and an indirect interest in 1,900 shares.
  • The Reporting Persons disclaim beneficial ownership except to the extent of their pecuniary interest.
  • The filing includes a Joint Filing Agreement.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing transactions. It doesn't convey strong positive or negative sentiment.

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.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders or significant shareholders of a company buy or sell the company's securities. This filing indicates the transactions of Bank of America and Merrill Lynch in the Nuveen fund.

Key Dates

DateDescription
02/04/2025Date of transaction: purchase and sale of common stock
02/06/2025Date of filing of the Form 4 and Joint Filing Agreement

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