Bank of America Reports 23.2% Stake in Nuveen Fund

Bank of America Corporation (BAC) and its subsidiary, Banc of America Preferred Funding Corporation (BAPFC), filed Amendment No. 9 to their Schedule 13D for Nuveen Municipal High Income Opportunity Fund (NMZ). The filing reports a position of 1,870 Adjustable Rate Muni Fund Term Preferred Shares (AMTP Shares), representing a 23.2% ownership stake in that specific class of securities. This amendment was primarily triggered by a change in the reporting persons' ownership percentage resulting from a corporate reorganization. Specifically, Nuveen New Jersey Quality Municipal Income Fund and Nuveen Pennsylvania Quality Municipal Income Fund were reorganized into the Issuer. In connection with this reorganization, the Issuer issued new Series 1 Variable Rate Demand Preferred Shares on April 27, 2026. The reporting persons share voting and dispositive power over the 1,870 shares. The filing also includes updated schedules regarding executive officers and directors, as well as a joint filing agreement between the entities.