Bank of America reports 23.2% stake in NMZ preferreds
Bank of America Corporation and Banc of America Preferred Funding Corp filed Amendment No. 9 to update their Schedule 13D for Nuveen Municipal High Income Opportunity Fund’s Adjustable Rate MuniFund Term Preferred Shares.
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.
Rhea-AI Filing Summary
Bank of America Corporation and Banc of America Preferred Funding Corp filed Amendment No. 9 to update their Schedule 13D for Nuveen Municipal High Income Opportunity Fund’s Adjustable Rate MuniFund Term Preferred Shares. They report beneficial ownership of 1,870 preferred shares, representing 23.2% of this preferred class, after the issuer’s reorganization and the April 27, 2026 issuance of new Series 1 Variable Rate Demand Preferred Shares.
Key Figures
Key Terms
beneficially owned financial
reorganization financial
AI-generated analysis. How Rhea-AI works. Not financial advice.