NMZ 10% Owner Bank of America Buys and Sells 9 Shares

What Happened

• Bank of America Corporation (reported jointly with Merrill Lynch), listed as a 10% owner, executed both a purchase and a sale in Nuveen Municipal High Income Opportunity Fund (NMZ) on 2026-07-24. The reporting persons purchased 9 shares at $10.23 ($92 total) and sold 9 shares at $10.18 ($92 total). The paired buy and sell on the same day results in no net change in shares from these transactions alone.

Key Details

• Transaction dates and prices:
  • 2026-07-24: Open market purchase — 9 shares @ $10.23 ($92)
  • 2026-07-24: Open market sale — 9 shares @ $10.18 ($92)
• Shares owned after transaction: Not specified in the provided details of this summary/filing excerpt.
• Filing timeliness: Report filed 2026-07-28 for transactions on 2026-07-24 (filed within typical Section 16 timing).
• Notable footnotes:
  • F1: The Form 4 is jointly filed by Bank of America Corporation and Merrill Lynch; Bank of America holds its interest indirectly via Merrill Lynch and disclaims beneficial ownership except to the extent of any pecuniary interest.
  • F2: The reporting persons state that this filing should not be construed as an admission of acting as a group under Section 13(d).
  • F3: Without conceding Section 16(b) applicability, any short-swing profit potentially recoverable would be remitted to the issuer if required.

Context

• These trades were reported by an institutional 10% owner rather than an individual executive; such institutional trading can reflect portfolio or brokerage activity and should be interpreted differently than insider purchases by company officers. No options, awards, gifts, or tax-withholding events are reported in this filing excerpt.