Redemption of 170 Nuveen Missouri (NYSE: NOM) MFP shares
Rhea-AI Filing Summary
Bank of America Corporation, through its subsidiary Banc of America Preferred Funding Corporation, reported an internal restructuring event involving Nuveen Missouri Quality Municipal Income Fund preferred shares. On March 25, 2026, the fund redeemed 170 MuniFund Term Preferred Shares, Series A that were beneficially owned by Banc of America Preferred Funding Corporation. The redemption was carried out by the fund at the liquidation preference plus accumulated but unpaid dividends, and the position in these shares is shown as 0 shares following the transaction. Bank of America’s interest was indirect, arising from its ownership of Banc of America Preferred Funding Corporation, and the reporting persons include standard disclaimers about group status and beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Munifund Preferred Shares | 170 | $0.00 | $0.00 |
Footnotes (3)
- F1. The 170 MuniFund Term Preferred Shares, Series A, (MFP Shares) reported as disposed of in Table I represent shares that were beneficially owned by Banc of America Preferred Funding Corporation (BAPFC). The 170 MTP Shares held by BAPFC were redeemed by the Issuer on March 25, 2026, as described in the Notice of Intention to Redeem Securities, N-23C-2, filed by Nuveen Missouri Quality Municipal Income Fund with the SEC on March 20, 2026, for a redemption price of the liquidation preference and accumulated but unpaid dividends. BAPFC is a wholly owned subsidiary of Bank of America Corporation.
- F2. This statement is jointly filed by Bank of America Corporation and PFC. Bank of America Corporation held an indirect interest in the securities listed in Table I by virtue of its indirect ownership of PFC.
- F3. Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section13(d) of the US Securities Exchange Act of 1934 or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate or other group for the purpose of acquiring, holding or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any group with respect to the Issuer or any securities of the Issuer.
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