Bank of America (NYSE: NAD) discloses 49.9% stake in Nuveen preferred

Rhea-AI Filing Summary

Bank of America Corporation and Banc of America Preferred Funding Corp filed Amendment No. 14 to update their ownership disclosure in Nuveen Quality Municipal Income Fund’s preferred shares. They report beneficial ownership of 7,995 preferred shares, representing 49.9% of the preferred share class.

The change in percentage stems from the issuer’s preferred shares outstanding decreasing to 16,026 shares, as reported to the filing parties on March 16, 2026. Voting and dispositive power over these shares is reported as shared, with no sole voting or sole dispositive power.

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Accepted by SEC EDGAR 03/18/2026 - 01:53 PM Learn about SEC filing dates

FAQ

What does Bank of America’s Schedule 13D/A say about Nuveen NAD preferred shares?

Bank of America and an affiliate report beneficial ownership of 7,995 Nuveen NAD preferred shares, or 49.9% of the class. The amendment updates their percentage after the issuer reduced total preferred shares outstanding to 16,026, affecting the ownership calculation.

Did Bank of America increase its Nuveen NAD preferred ownership in this filing?

The amendment states the percentage change results from fewer Nuveen preferred shares outstanding, not new purchases. The issuers reported 16,026 preferred shares outstanding, and Bank of America’s holding of 7,995 shares now represents 49.9% of that class.

How many Nuveen NAD preferred shares does Bank of America beneficially own?

The reporting persons disclose beneficial ownership of 7,995 preferred shares of Nuveen Quality Municipal Income Fund. They report shared voting and shared dispositive power over these shares, with no sole voting or sole dispositive authority indicated in the cover pages.

What percentage of Nuveen NAD’s preferred share class is held by Bank of America?

The filing reports that 7,995 preferred shares represent 49.9% of the Nuveen fund’s preferred share class. This percent-of-class figure is based on 16,026 preferred shares outstanding, as reported by the fund on March 16, 2026.

Why was Amendment No. 14 to the Nuveen NAD Schedule 13D filed?

The amendment was filed solely to report a change in percent of class beneficially owned. The issuer informed the reporting persons that outstanding preferred shares decreased to 16,026, which altered the calculated ownership percentage to 49.9% for their 7,995 shares.

Who are the reporting persons in the Nuveen NAD Schedule 13D/A Amendment No. 14?

The reporting persons are Bank of America Corporation and Banc of America Preferred Funding Corporation. Both entities are organized in Delaware and report the same 7,995 Nuveen preferred shares with shared voting and shared dispositive power over the position.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 14)

Nuveen Quality Municipal Income Fund

(Name of Issuer)

Preferred Shares

(Title of Class of Securities)

(CUSIP Number)

Bank of America Corporation
Bank of America Corporate Center, 100 N. Tryon Street
Charlotte, NC, 28255
980-388-3188

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

03/16/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP No.

1

Name of reporting person

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

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 7,995.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 7,995.00

11

Aggregate amount beneficially owned by each reporting person

7,995.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

49.9 %

14

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13D

CUSIP No.

1

Name of reporting person

Banc of America Preferred Funding Corp

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 7,995.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 7,995.00

11

Aggregate amount beneficially owned by each reporting person

7,995.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

49.9 %

14

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Preferred Shares
(b)	Name of Issuer: Nuveen Quality Municipal Income Fund
(c)	Address of Issuer's Principal Executive Offices: JOHN NUVEEN & CO, 333 W WACKER DR, CHICAGO, ILLINOIS , 60606.
Item 1 Comment: This Amendment No. 14 (this "Amendment") amends, as set forth below, the statement on Schedule 13D, dated December 10, 2013 and filed with the SEC on December 12, 2013 (as amended to the date hereof, the "Original Schedule 13D"), for Bank of America Corporation ("BAC") and Banc of America Preferred Funding Corporation ("BAPFC") (collectively, the "Reporting Persons") with respect to the adjustable rate munifund term preferred shares ("AMTP Shares") and the munifund preferred shares ("MFP Shares") of Nuveen Quality Municipal Income Fund (the "Issuer") formerly known as Nuveen Dividend Advantage Municipal Fund. This Amendment is being filed solely to report a change of the percent of class beneficially owned by the Reporting Persons due to the outstanding shares of the preferred class of the Issuer decreasing to 16,026 shares as reported by the Issuer to the Reporting Persons on March 16, 2026.
Item 2.	Identity and Background
(d)	Item 2 of the Original Schedule 13D is hereby amended by: deleting Schedule I referenced therein and replacing it with Schedule I included with this Amendment.
(e)	Item 2 of the Original Schedule 13D is hereby amended by: deleting Schedule II referenced therein and replacing it with Schedule II included with this Amendment.
Item 5.	Interest in Securities of the Issuer
(a)	Paragraph (a) of Item 5 of the Original Schedule 13D is hereby amended and restated to read as follow: "The responses of the Reporting Persons to rows (7) through (11) of the cover pages of this Amendment 1 are incorporated herein by reference".
(b)	Paragraph (b) of Item 5 of the Original Schedule 13D is hereby amended and restated to read as follow: "The responses of the Reporting Persons to rows (7) through (11) of the cover pages of this Amendment 1 are incorporated herein by reference."
(c)	Paragraph (c) of Item 5 of the Original Schedule 13D is hereby amended and restated to read as follow: "None"
Item 7.	Material to be Filed as Exhibits.
	Item 7 of the Original Schedule 13D is hereby amended by deleting Exhibit 99.1 and Exhibit 99.2 thereto and the insertion of the following exhibits: "Exhibit Description of Exhibit 99.1 Joint Filing Agreement 24 Power of Attorney 24.2 Power of Attorney (BAPFC) 99.6 Schedule I 99.7 Schedule II

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:	Monica Yako
Name/Title:	Authorized Signatory
Date:	03/18/2026

Banc of America Preferred Funding Corp

Signature:	Monica Yako
Name/Title:	Authorized Signatory
Date:	03/18/2026