Bank of America (NYSE: BAC) discloses 5.1% holding in BlackRock Credit Allocation Income Trust

Rhea-AI Filing Summary

Bank of America Corporation, together with certain wholly owned subsidiaries, reports beneficial ownership of common shares of BlackRock Credit Allocation Income Trust. The group reports beneficial ownership of 4,799,384 common shares, representing 5.1% of the outstanding common stock of the trust.

All 4,799,384 shares are reported with shared dispositive power, while 44,574 of those shares carry shared voting power; no shares are held with sole voting or sole dispositive power. The ownership percentage is based on 93,324,457 shares outstanding as of May 26, 2026, as referenced from an issuer proxy statement.

The reporting is made by Bank of America Corporation on behalf of itself and its wholly owned subsidiaries Bank of America N.A., BofA Securities, Inc., and Merrill Lynch Pierce Fenner & Smith, Inc., reflecting their status as a parent holding company and affiliated bank and broker-dealer entities.

Key Figures

Shares beneficially owned: 4,799,384 shares Percent of class: 5.1% Shares outstanding baseline: 93,324,457 shares +3 more

6 metrics

Shares beneficially owned 4,799,384 shares Common stock of BlackRock Credit Allocation Income Trust reported by Bank of America

Percent of class 5.1% Ownership percentage of BTZ common stock reported by Bank of America

Shares outstanding baseline 93,324,457 shares BTZ shares outstanding as of May 26, 2026 used for ownership calculation

Shared voting power 44,574 shares BTZ shares over which Bank of America reports shared power to vote

Shared dispositive power 4,799,384 shares BTZ shares over which Bank of America reports shared power to dispose

Signature date 08/03/2026 Date the ownership statement was signed by an authorized signatory

Key Terms

beneficial ownership, Sole Voting Power, Shared Dispositive Power, parent holding company

4 terms

beneficial ownership financial

"The beneficial ownership calculation relies on the 93,324,457 outstanding shares..."

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

Sole Voting Power financial

"5 | Sole Voting Power 0.00 6 | Shared Voting Power 44,574.00"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

Shared Dispositive Power financial

"8 | Shared Dispositive Power 4,799,384.00"

parent holding company regulatory

"This statement on is being filed by Bank of America Corporation on behalf of itself and its wholly owned subsidiaries..."

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

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Available on EDGAR 08/03/2026 - 04:22 PM Accepted by SEC EDGAR 08/03/2026 - 04:21 PM Learn about SEC filing dates

FAQ

What percentage of BlackRock Credit Allocation Income Trust (BTZ) does Bank of America report owning?

Bank of America reports beneficial ownership of 5.1% of BlackRock Credit Allocation Income Trust’s common stock. This percentage is calculated using 93,324,457 shares outstanding as of May 26, 2026, as referenced from an issuer proxy statement.

How many BTZ shares does Bank of America beneficially own according to this Schedule 13G?

Bank of America reports beneficial ownership of 4,799,384 shares of BlackRock Credit Allocation Income Trust common stock. All of these shares are subject to shared dispositive power, with a smaller portion also subject to shared voting power.

What are Bank of America’s voting and dispositive powers over BTZ shares?

Bank of America reports 0 shares with sole voting power and 44,574 shares with shared voting power. It also reports 0 shares with sole dispositive power and 4,799,384 shares with shared dispositive power over BlackRock Credit Allocation Income Trust stock.

Which Bank of America subsidiaries are included in the BTZ Schedule 13G filing?

The statement is filed by Bank of America Corporation on behalf of itself and wholly owned subsidiaries Bank of America N.A., BofA Securities, Inc., and Merrill Lynch Pierce Fenner & Smith, Inc., reflecting their bank and broker-dealer roles.

What share count did Bank of America use to calculate its 5.1% stake in BTZ?

The 5.1% ownership is based on 93,324,457 BlackRock Credit Allocation Income Trust shares outstanding. This figure comes from an issuer proxy statement reporting share totals as of May 26, 2026.

When was the BTZ ownership statement by Bank of America signed?

The ownership statement relating to BlackRock Credit Allocation Income Trust was signed on August 3, 2026. It was executed by Monica Yako as an authorized signatory for Bank of America Corporation.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

BLACKROCK CREDIT ALLOCATION INCOME TRUST

(Name of Issuer)

Common Stock

(Title of Class of Securities)

092508100

(CUSIP Number)

06/30/2026

(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 44,574.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 4,799,384.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

4,799,384.00

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)

5.1 %

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 DEF 14A Proxy Statement by the issuer on June 2, 2026, which reports share totals as of May 26, 2026.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: BLACKROCK CREDIT ALLOCATION INCOME TRUST
(b)	Address of issuer's principal executive offices: 100 BELLEVUE PARKWAY, MUTUAL FUND DEPARTMENT, 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 Number(s): 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: 4,799,384.00
(b)	Percent of class: 5.1%
(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: 44,574.00
	(iii) Sole power to dispose or to direct the disposition of: 0.00
	(iv) Shared power to dispose or to direct the disposition of: 4,799,384.00
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
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); BofA Securities, Inc., a broker dealer registered under section 15 of the Act (15 U.S.C. 78o); 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:	08/03/2026