STOCK TITAN

Nuveen Municipal Credit: 50.7% preferred-share stake

The agreement’s covenant modifications took effect September 30, 2026, while both reporting persons report shared voting and dispositive power over the shares.

(Moderate)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Nuveen Municipal Credit Opportunities Fund (NMCO) is the issuer whose MuniFund preferred shares are covered by a Schedule 13D amendment from Bank of America Corporation and Banc of America Preferred Funding Corp. Each reporting person reports beneficial ownership of 2,050 shares, or 50.7% of the class, with shared voting and dispositive power.

The amendment adds covenant modifications to the Fund’s Initial Series B MuniFund Preferred Shares Purchase Agreement, effective September 30, 2026. The agreement is dated December 30, 2019.

Beneficial ownership 2,050 shares Each reporting person; MuniFund preferred shares
Class ownership 50.7% Each reporting person’s reported beneficial ownership
Covenant modifications effective date September 30, 2026 Initial Series B MuniFund Preferred Shares Purchase Agreement
Purchase agreement date December 30, 2019 MFP Purchase Agreement
MuniFund Preferred Shares financial
"with respect to the munifund preferred shares"
shared voting power technical
"Shared Voting Power 2,050.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive power technical
"Shared Dispositive Power 2,050.00"
Covenant Modifications financial
"Purchase Agreement Covenant Modifications"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many NMCO MuniFund preferred shares do the reporting persons beneficially own?

Bank of America Corporation and Banc of America Preferred Funding Corp. each report beneficial ownership of 2,050 shares, equal to 50.7% of the class. Each reports shared voting power and shared dispositive power over 2,050 shares.

What changed in the NMCO MuniFund preferred shares purchase agreement?

The MFP Purchase Agreement was further amended by covenant modifications effective September 30, 2026. The agreement is dated December 30, 2019, and the modifications are identified as the Fund’s Initial Series B MuniFund Preferred Shares Purchase Agreement Covenant Modifications.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates





670663301

(CUSIP Number)
Bank of America Corporation
Bank of America Corporate Center, 100 N. Tryon Street
Charlotte, NC, 28255
980-825-9256

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
09/30/2026

(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






SCHEDULE 13D






SCHEDULE 13D


BANK OF AMERICA CORP /DE/
Signature:Andres Ortiz
Name/Title:Authorized Signatory
Date:10/02/2026
Banc of America Preferred Funding Corp
Signature:Andres Ortiz
Name/Title:Authorized Signatory
Date:10/02/2026

Keep reading