[Form 3] BANK OF AMERICA CORP /DE/ Initial Statement of Beneficial Ownership
Bank of America Corporation and its wholly owned subsidiary Banc of America Preferred Funding Corp. jointly filed an Initial Statement of Beneficial Ownership reporting purchase of 500 variable rate demand preferred shares of BlackRock 2037 Municipal Target Term Trust (BMN). The shares were acquired by the subsidiary at a purchase price of
The filing clarifies that the ownership is indirect for Bank of America via its subsidiary, and that the filing is not an admission of any group or partnership status under Section 13(d). No derivative positions, options, or other securities are reported on this Form 3.
Bank of America Corporation e la sua filiale interamente controllata Banc of America Preferred Funding Corp. hanno presentato congiuntamente una Initial Statement of Beneficial Ownership riportando l'acquisto di 500 azioni privilegiate a tasso variabile di domanda del BlackRock 2037 Municipal Target Term Trust (BMN). Le azioni sono state acquisite dalla filiale a un prezzo di acquisto di
La documentazione chiarisce che la proprietà è indiretta per Bank of America tramite la sua filiale, e che la presentazione non costituisce un'ammissione di alcun stato di gruppo o di partenariato ai sensi della Sezione 13(d). Non sono riportate posizioni derivanti, opzioni o altri titoli in questo modulo 3.
Bank of America Corporation y su filial 100% Banc of America Preferred Funding Corp. presentaron conjuntamente una Declaración Inicial de Propiedad Beneficiaria informando la compra de 500 acciones preferentes a tasa variable de demanda del BlackRock 2037 Municipal Target Term Trust (BMN). Las acciones fueron adquiridas por la filial a un precio de compra de
La presentación aclara que la propiedad es indirecta para Bank of America a través de su filial, y que la presentación no constituye una admisión de ningún estatus de grupo o sociedad bajo la Sección 13(d). No se reportan posiciones derivadas, opciones u otros valores en este Formulario 3.
Bank of America Corporation 와 그 전액 출자 자회사 Banc of America Preferred Funding Corp. 가 공동으로 최초 수혜 소유권 진술서(Initial Statement of Beneficial Ownership)를 제시하여 BlackRock 2037 Municipal Target Term Trust (BMN)의 500 주의 가변 이자 보통주를 매입했다는 보고를 했다. 해당 주식은 자회사가 주당
이 제출서는 Bank of America의 소유가 자회사를 통해 간접적임을 명시하며, 이 신고가 제13(d) 조에 따른 그룹 또는 파트너십 상태의 시인으로 간주되지 않음을 밝힌다. 이 양식 3에는 파생상품 포지션, 옵션, 또는 기타 증권이 보고되지 않았다.
Bank of America Corporation et sa filiale en propriété exclusive Banc of America Preferred Funding Corp. ont déposé conjointement une Déclaration initiale de propriété bénéficiaire signalant l'achat de 500 actions privilégiées à taux variable de demande du BlackRock 2037 Municipal Target Term Trust (BMN). Les actions ont été acquises par la filiale à un prix d'achat de
Le dépôt précise que la propriété est indirecte pour Bank of America via sa filiale, et que la déclaration n'est pas une admission d'un statut de groupe ou de partenariat en vertu de la Section 13(d). Aucune position dérivée, option ou autre valeur n'est déclarée sur ce Formulaire 3.
Bank of America Corporation und ihre vollständig im Besitz befindliche Tochtergesellschaft Banc of America Preferred Funding Corp. haben gemeinsam eine anfängliche Beneficial Ownership-Erklärung eingereicht, in der der Kauf von 500 variabel verzinslichen Nachfragedividenden-Aktien des BlackRock 2037 Municipal Target Term Trust (BMN) gemeldet wird. Die Aktien wurden von der Tochtergesellschaft zu einem Kaufpreis von
Die Einreichung klärt, dass das Eigentum indirekt für Bank of America über ihre Tochter erfolgt, und dass die Einreichung kein Geständnis eines Gruppen- oder Partnerschaftsstatus gemäß Abschnitt 13(d) darstellt. In diesem Formular 3 werden keine Derivatepositionen, Optionen oder andere Wertpapiere gemeldet.
Bank of America Corporation وشركتها التابعة المملوكة بالكامل Banc of America Preferred Funding Corp. قد قدّمتا معاً بياناً ابتدائياً للملكية المستفيدة يفيد شراء 500 سهمًا مفضلاً قابلًا للنسبة المتغيرة من BlackRock 2037 Municipal Target Term Trust (BMN). تم شراء الأسهم من قبل الشركة التابعة بسعر شراء قدره
يُوضح الإبلاغ أن الملكية غير مباشرة بالنسبة لـ Bank of America عبر شركتها التابعة، وأن الإبلاغ ليس اعترافاً بأي وضع جماعي أو شراكة بموجب القسم 13(d). لا توجد مراكز مشتقة أو خيارات أو أوراق مالية أخرى مُبلّغ عنها في هذا النموذج 3.
Bank of America Corporation 及其全资子公司 Banc of America Preferred Funding Corp. 共同提交了初始受益所有权声明，报告购买了 500 份可变利率的需求型优先股，属于 BlackRock 2037 Municipal Target Term Trust (BMN)。该等股份由子公司以每股
申报明确指出所有权对 Bank of America 通过其子公司是间接的，且该申报并非对第13(d)条款下的任何集团或合伙企业地位的承认。本表格 3 未报告任何衍生品头寸、期权或其他证券。
- Clear disclosure of share count (500) and purchase price (
$100,000 per share) - Joint filing clarifies ownership structure: subsidiary purchase with indirect parent interest
- No derivatives reported, simplifying the ownership picture
- Large notional amount (
$50,000,000 ) may be material to the subsidiary's funding allocations - Form 3 only — no additional context on intent, voting arrangements, or financing source
Insights
TL;DR: A bank subsidiary acquired 500 preferred shares of BMN totaling
The acquisition reflects a direct purchase by Banc of America Preferred Funding Corp. of 500 variable rate demand preferred shares at
The primary dependency is the subsidiary financing and Bank of America's consolidation/ownership structure; risks are limited to capital allocation and liquidity effects within the group. Monitor any subsequent Forms 4 or 13D/G for changes in intent or voting power over the next reporting cycle.
TL;DR: The Form 3 meets Section 16 disclosure norms and expressly disclaims group status under Section 13(d).
The filing includes the required signatures and dates, specifies indirect ownership, and states the purchase price and share count. It reports no derivative holdings, meeting Form 3 expectations for an initial beneficial-ownership notice by insiders or affiliated entities.
Watch for follow-on filings that would disclose changes in holdings or transactions; any transfer of voting control or additional purchases would trigger further SEC reporting within established timeframes.
Bank of America Corporation e la sua filiale interamente controllata Banc of America Preferred Funding Corp. hanno presentato congiuntamente una Initial Statement of Beneficial Ownership riportando l'acquisto di 500 azioni privilegiate a tasso variabile di domanda del BlackRock 2037 Municipal Target Term Trust (BMN). Le azioni sono state acquisite dalla filiale a un prezzo di acquisto di
La documentazione chiarisce che la proprietà è indiretta per Bank of America tramite la sua filiale, e che la presentazione non costituisce un'ammissione di alcun stato di gruppo o di partenariato ai sensi della Sezione 13(d). Non sono riportate posizioni derivanti, opzioni o altri titoli in questo modulo 3.
Bank of America Corporation y su filial 100% Banc of America Preferred Funding Corp. presentaron conjuntamente una Declaración Inicial de Propiedad Beneficiaria informando la compra de 500 acciones preferentes a tasa variable de demanda del BlackRock 2037 Municipal Target Term Trust (BMN). Las acciones fueron adquiridas por la filial a un precio de compra de
La presentación aclara que la propiedad es indirecta para Bank of America a través de su filial, y que la presentación no constituye una admisión de ningún estatus de grupo o sociedad bajo la Sección 13(d). No se reportan posiciones derivadas, opciones u otros valores en este Formulario 3.
Bank of America Corporation 와 그 전액 출자 자회사 Banc of America Preferred Funding Corp. 가 공동으로 최초 수혜 소유권 진술서(Initial Statement of Beneficial Ownership)를 제시하여 BlackRock 2037 Municipal Target Term Trust (BMN)의 500 주의 가변 이자 보통주를 매입했다는 보고를 했다. 해당 주식은 자회사가 주당
이 제출서는 Bank of America의 소유가 자회사를 통해 간접적임을 명시하며, 이 신고가 제13(d) 조에 따른 그룹 또는 파트너십 상태의 시인으로 간주되지 않음을 밝힌다. 이 양식 3에는 파생상품 포지션, 옵션, 또는 기타 증권이 보고되지 않았다.
Bank of America Corporation et sa filiale en propriété exclusive Banc of America Preferred Funding Corp. ont déposé conjointement une Déclaration initiale de propriété bénéficiaire signalant l'achat de 500 actions privilégiées à taux variable de demande du BlackRock 2037 Municipal Target Term Trust (BMN). Les actions ont été acquises par la filiale à un prix d'achat de
Le dépôt précise que la propriété est indirecte pour Bank of America via sa filiale, et que la déclaration n'est pas une admission d'un statut de groupe ou de partenariat en vertu de la Section 13(d). Aucune position dérivée, option ou autre valeur n'est déclarée sur ce Formulaire 3.
Bank of America Corporation und ihre vollständig im Besitz befindliche Tochtergesellschaft Banc of America Preferred Funding Corp. haben gemeinsam eine anfängliche Beneficial Ownership-Erklärung eingereicht, in der der Kauf von 500 variabel verzinslichen Nachfragedividenden-Aktien des BlackRock 2037 Municipal Target Term Trust (BMN) gemeldet wird. Die Aktien wurden von der Tochtergesellschaft zu einem Kaufpreis von
Die Einreichung klärt, dass das Eigentum indirekt für Bank of America über ihre Tochter erfolgt, und dass die Einreichung kein Geständnis eines Gruppen- oder Partnerschaftsstatus gemäß Abschnitt 13(d) darstellt. In diesem Formular 3 werden keine Derivatepositionen, Optionen oder andere Wertpapiere gemeldet.
FAQ
What did Bank of America (BAC) report in the Form 3 filing?
How much was paid for the BMN shares reported by BAC?
Is Bank of America the direct owner of the BMN shares?
Did the Form 3 disclose any derivative securities or options?
When was the transaction and when was the Form 3 signed?
