Bank of America reports 79.4% of PCQ preferred

Bank of America and an affiliate report beneficial ownership of 79.4% of PCQ’s RVMTP preferred class after a reduction in shares outstanding.

Rhea-AI Filing Summary

PIMCO California Municipal Income Fund (PCQ) received an amended Schedule 13D (Amendment No. 4) from Bank of America Corporation and Banc of America Preferred Funding Corporation regarding the fund’s remarketable variable rate munifund term preferred shares, series 2054 (RVMTP).

The reporting persons beneficially own 1,920 RVMTP shares, representing 79.4% of this preferred class. This change in percentage results from the Issuer informing them that the outstanding preferred shares of this class decreased to 2,419 shares as of September 10, 2026. Voting and dispositive power over these shares is held on a shared, not sole, basis.

Key Figures

RVMTP shares beneficially owned: 1,920 shares Percent of preferred class owned: 79.4% Outstanding preferred shares: 2,419 shares +5 more

8 metrics

RVMTP shares beneficially owned 1,920 shares Beneficial ownership of PCQ’s remarketable variable rate munifund term preferred, series 2054

Percent of preferred class owned 79.4% Percent of the RVMTP preferred class represented by 1,920 shares

Outstanding preferred shares 2,419 shares Outstanding RVMTP preferred shares of PCQ as reported on September 10, 2026

Shared voting power 1,920 shares Shares over which the reporting persons have shared voting power

Shared dispositive power 1,920 shares Shares over which the reporting persons have shared dispositive power

Sole voting power 0 shares Shares with sole voting power reported by each reporting person

Sole dispositive power 0 shares Shares with sole dispositive power reported by each reporting person

Date triggering amendment September 10, 2026 Date on which the Issuer reported the updated outstanding preferred share count

Key Terms

Schedule 13D, beneficially owned, dispositive power, remarketable variable rate munifund term preferred, +1 more

5 terms

Schedule 13D regulatory

"amends, as set forth below, the statement on , dated April 17, 2024"

A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.

beneficially owned financial

"Percent of class represented by amount in Row (11) 79.4 %"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

dispositive power financial

"Sole Dispositive Power 0.00 10 | Shared Dispositive Power 1,920.00"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

remarketable variable rate munifund term preferred financial

"Title of Class of Securities: REMARKETABLE VARIABLE RATE MUNIFUND TERM PREFERRED"

joint filing agreement regulatory

"the insertion of the following exhibits: "Exhibit Description of Exhibit 99.1 Joint Filing Agreement"

FAQ

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

What ownership level in PCQ’s preferred shares does Bank of America now report?

Bank of America Corporation and its affiliate report beneficial ownership of 1,920 RVMTP preferred shares of PCQ, representing 79.4% of that preferred class, based on 2,419 shares outstanding as reported to them on September 10, 2026.

Which security of PCQ is covered by this Schedule 13D/A filing?

The filing covers PCQ’s remarketable variable rate munifund term preferred shares, series 2054, identified by CUSIP 72200N700. The amendment updates the reported percentage of this preferred class beneficially owned by the reporting persons.

Why did the reported ownership percentage in PCQ’s preferred class change?

The amendment states the change in percentage is due to the outstanding shares of the preferred class decreasing to 2,419, as reported by PCQ to the reporting persons on September 10, 2026, which raised their ownership to 79.4% of that class.

Who are the reporting persons in this Schedule 13D/A related to PCQ?

The reporting persons are Bank of America Corporation and Banc of America Preferred Funding Corporation, both organized in Delaware. They report shared voting and dispositive power over the same 1,920 RVMTP shares of PCQ.

What voting and dispositive power does Bank of America report over PCQ’s RVMTP shares?

The reporting persons disclose 0 shares with sole voting or dispositive power and 1,920 shares with shared voting and shared dispositive power, corresponding to 79.4% of the outstanding RVMTP preferred class of PCQ.

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

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Available on EDGAR 09/17/2026 - 04:09 PM EDT Accepted by SEC EDGAR 09/17/2026 - 04:09 PM EDT Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 4)

PIMCO CALIFORNIA MUNICIPAL INCOME FUND

(Name of Issuer)

REMARKETABLE VARIABLE RATE MUNIFUND TERM PREFERRED

(Title of Class of Securities)

72200N700

(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)

09/10/2026

(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 Number(s): 72200N700

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 1,920.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 1,920.00

11

Aggregate amount beneficially owned by each reporting person

1,920.00

12

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

13

Percent of class represented by amount in Row (11)

79.4 %

14

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13D

CUSIP Number(s): 72200N700

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 1,920.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 1,920.00

11

Aggregate amount beneficially owned by each reporting person

1,920.00

12

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

13

Percent of class represented by amount in Row (11)

79.4 %

14

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: REMARKETABLE VARIABLE RATE MUNIFUND TERM PREFERRED
(b)	Name of Issuer: PIMCO CALIFORNIA MUNICIPAL INCOME FUND
(c)	Address of Issuer's Principal Executive Offices: 1633 BROADWAY, NEW YORK, NEW YORK , 10019.
Item 1 Comment: This Amendment No. 4 (this Amendment) amends, as set forth below, the statement on Schedule 13D, dated April 17, 2024 and filed with the SEC on April 24, 2024 (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 remarketable variable rate munifund term preferred shares, series 2054 (CUSIP No. 72200N700) (RVMTP Shares) of PIMCO California Municipal Income Fund (the "Issuer"). 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 2,419 shares as reported by the Issuer to the Reporting Persons on September 10, 2026.
Item 2.	Identity and Background
(a)	Item 2(a) of the Original Schedule 13D is hereby amended by deleting Schedule I and Schedule II referenced therein and replacing them with Schedule I and Schedule II included with this Amendment.
(c)	Item 2(c) of the Original Schedule 13D is hereby amended by deleting Schedule I referenced therein and replacing it with Schedule I included with this Amendment.
(d)	Item 2(d) 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 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 are incorporated herein by reference.
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 99.2 Power of Attorney 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:	/s/ Monica Yako
Name/Title:	Authorized Signatory
Date:	09/17/2026

Banc of America Preferred Funding Corp

Signature:	/s/ Monica Yako
Name/Title:	Authorized Signatory
Date:	09/17/2026