Bank of America Corp Reduces Stake in Blackstone Senior Floating Rate 2027 Term Fund to 4.1%

Bank of America Corporation (BAC) filed an amendment to its Schedule 13G regarding Blackstone Senior Floating Rate 2027 Term Fund (BSL). As of the event date on March 31, 2026, the filer reported beneficial ownership of 528,184 shares of common stock. This position represents a 4.1% ownership stake in the fund, based on 13,019,938 outstanding shares. Notably, because the ownership level has fallen below the 5% threshold, the filer indicated in Item 5 that they no longer belong to the class of persons required to file under this specific regulation. The filing was submitted on behalf of Bank of America and its wholly-owned subsidiary, Merrill Lynch, Pierce, Fenner & Smith, Inc. All reported shares are held with shared dispositive power, with no sole voting or dispositive power claimed. The securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer.