Bank of America reports 5.0% stake in BTZ
Bank of America Corporation filed Amendment No. 2 to a Schedule 13G/A reporting beneficial ownership of 4,621,301 shares of BlackRock Credit Allocation Income Trust common stock, representing 5.0% of the class.
Rhea-AI Filing Summary
Bank of America Corporation filed Amendment No. 2 to a Schedule 13G/A reporting beneficial ownership of 4,621,301 shares of BlackRock Credit Allocation Income Trust common stock, representing 5.0% of the class. The filing states the ownership calculation uses 93,324,457 outstanding shares as of December 31, 2025 reported in the issuer's Form N-CSR.
The amendment corrects the filer's designation under Rule 13d-1; no other changes to previously reported information were made. The statement is filed on behalf of Bank of America Corporation and certain wholly owned subsidiaries, including Bank of America N.A. and Merrill Lynch entities.
Positive
- None.
Negative
- None.
Insights
Amendment clarifies filer designation; ownership steady at 5.0%.
The filing reports 4,621,301 shares beneficially owned, equal to 5.0% of the outstanding common stock based on December 31, 2025 totals. The amendment's stated purpose is limited to correcting the Rule 13d-1 designation; the underlying ownership figures are unchanged.
This positions Bank of America and affiliated subsidiaries as a disclosed 5% holder. Cash-flow treatment and intent for these shares are not stated; subsequent filings would be required to show any changes in holdings or disposition methods.
Key Figures
Key Terms
Schedule 13G/A regulatory
beneficial ownership financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake does Bank of America report in BlackRock Credit Allocation Income Trust (BTZ)?
Why was Amendment No. 2 to the Schedule 13G/A filed?
Which entities are covered by this Schedule 13G/A filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.