Bank of America reports 5.0% stake in BTZ

Bank of America Corporation reported beneficial ownership of 5.0% of BlackRock Credit Allocation Income Trust common stock, equal to 4,621,301 shares.

Rhea-AI Filing Summary

Bank of America Corporation reported beneficial ownership of 5.0% of BlackRock Credit Allocation Income Trust common stock, equal to 4,621,301 shares. The filing states the calculation "relies on the 93,324,457 outstanding shares disclosed in the Form N-CSR ... as of December 31, 2025."

The statement is filed on behalf of Bank of America and certain wholly owned subsidiaries, and shows shared voting power of 26,603 and shared dispositive power over 4,621,301 shares.

Insights

Institutional Ownership Analyst

Large financial group reports a 5.0% position in BTZ using issuer totals as of December 31, 2025.

Bank of America lists 4,621,301 shares beneficially owned, representing 5.0% based on the issuer's disclosed outstanding share count of 93,324,457. The filing attributes shared voting and dispositive powers across specified subsidiaries.

Stake disclosures of this type are routine ownership transparency; subsequent filings would show changes if the group trades or restructures positions.

Corporate Governance Specialist

The filing clarifies voting and disposition authorities and parent/subsidiary attribution for a multi-entity holder.

The schedule states shared voting power 26,603 and shared dispositive power 4,621,301, and notes the statement is filed on behalf of Bank of America and listed subsidiaries including Merrill Lynch entities. This assigns the observable control attributes to specific entities.

Stake size and the explicit "relies on" language tie the percentage to the December 31, 2025 outstanding count; watch later amendments for any change in percent or voting breakdown.

Key Figures

Beneficially owned: 4,621,301 shares Percent of class: 5.0% Outstanding shares (context): 93,324,457 shares +2 more

5 metrics

Beneficially owned 4,621,301 shares Amount beneficially owned as reported in Item 4

Percent of class 5.0% Percent of class calculated using issuer totals

Outstanding shares (context) 93,324,457 shares Used for calculation; Form N-CSR share totals as of December 31, 2025

Shared voting power 26,603 Shared power to vote or direct the vote

Shared dispositive power 4,621,301 Shared power to dispose or direct disposition

Key Terms

Beneficially owned, Shared dispositive power, Form N-CSR

3 terms

Beneficially owned financial

"Amount beneficially owned: 4,621,301.00"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Shared dispositive power regulatory

"Shared power to dispose or to direct the disposition of: 4,621,301.00"

Form N-CSR regulatory

"relies on the 93,324,457 outstanding shares disclosed in the Form N-CSR"

Form N-CSR is a regulatory filing that U.S.-registered investment funds use to deliver certified shareholder reports to regulators and the public, including audited financial statements, a snapshot of portfolio holdings, fee and performance information, and governance disclosures. For investors it acts like a fund’s report card and safety check—providing verified details needed to assess a fund’s financial health, costs, holdings and compliance so you can compare funds, monitor risks and spot red flags.

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)?

Bank of America reports beneficial ownership of 4,621,301 shares, equal to 5.0% of the class. The percentage is calculated using 93,324,457 outstanding shares disclosed in the issuer's Form N-CSR as of December 31, 2025.

Does the filing show who holds voting control for the BTZ shares?

The filing lists shared voting power of 26,603 and shared dispositive power of 4,621,301. It attributes the statement to Bank of America and specified wholly owned subsidiaries, including Merrill Lynch entities, for voting/dispositive classifications.

What outstanding share count is used to calculate the 5.0% for BTZ?

The filing relies on 93,324,457 outstanding shares disclosed in BlackRock Credit Allocation Income Trust's Form N-CSR, which reports share totals as of December 31, 2025. That figure is cited verbatim in the ownership calculation note.

Who filed the Schedule 13G/A reporting the BTZ position?

The schedule is filed by Bank of America Corporation on behalf of itself and certain wholly owned subsidiaries, including Bank of America N.A., Merrill Lynch International, and Merrill Lynch Pierce Fenner & Smith, Inc., per the filing text.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/15/2026 - 10:10 AM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

BLACKROCK CREDIT ALLOCATION INCOME TRUST

(Name of Issuer)

Common Stock

(Title of Class of Securities)

092508100

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 092508100

1

Names of Reporting Persons

BANK OF AMERICA CORP /DE/

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 26,603.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 4,621,301.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

4,621,301.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.0 %

12

Type of Reporting Person (See Instructions)

HC

Comment for Type of Reporting Person: The beneficial ownership calculation relies on the 93,324,457 outstanding shares disclosed in the Form N-CSR by the issuer on March 5, 2026, which reports share totals as of December 31, 2025.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: BLACKROCK CREDIT ALLOCATION INCOME TRUST
(b)	Address of issuer's principal executive offices: 100 BELLEVUE PARKWAY, 100 BELLEVUE PARKWAY, WILMINGTON, DELAWARE, 19809.
Item 2.
(a)	Name of person filing: BANK OF AMERICA CORP /DE/
(b)	Address or principal business office or, if none, residence: 100 N TRYON ST CHARLOTTE, NC 28255
(c)	Citizenship: Delaware
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 092508100
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 4,621,301.00
(b)	Percent of class: 5.0%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0.00
	(ii) Shared power to vote or to direct the vote: 26,603.00
	(iii) Sole power to dispose or to direct the disposition of: 0.00
	(iv) Shared power to dispose or to direct the disposition of: 4,621,301.00
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. This statement on Schedule 13G is being filed by Bank of America Corporation on behalf of itself and its wholly owned subsidiaries Bank of America N.A., a bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); Merrill Lynch International, a non-U.S. institution in accordance with section 240.13d-1(b)(1)(ii)(J); and Merrill Lynch Pierce Fenner & Smith, Inc., a broker dealer registered under section 15 of the Act (15 U.S.C. 78o).
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

BANK OF AMERICA CORP /DE/

Signature:	/s/ Monica Yako
Name/Title:	Authorized Signatory
Date:	05/15/2026