Bank of America Corp Reports 5.0% Stake in BlackRock Credit Allocation Income Trust

Bank of America Corporation has filed a Schedule 13G/A (Amendment No. 2) regarding its holdings in BlackRock Credit Allocation Income Trust (BTZ). As of the event date on March 31, 2026, the filer reports beneficial ownership of 4,621,301 shares of common stock, representing a 5.0% ownership stake in the issuer. This filing indicates an increase from the previously reported 0.0% position. The shares are held through various wholly-owned subsidiaries, including Bank of America N.A., Merrill Lynch International, and Merrill Lynch Pierce Fenner & Smith, Inc. Bank of America reports shared dispositive power over all 4,621,301 shares, while shared voting power is limited to 26,603 shares. The filing specifies that the securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. This particular amendment was filed primarily to correct the filer's designation under Rule 13d-1 from the original Schedule 13G filed earlier in May 2026. The ownership calculation is based on 93,324,457 outstanding shares reported by the issuer.