Bank of America Corp Reports New 5.0% Stake in BlackRock Credit Allocation Income Trust (BTZ)

Bank of America Corporation has filed an amended Schedule 13G (Amendment No. 1) regarding its holdings in BlackRock Credit Allocation Income Trust (BTZ). As of the event date on March 31, 2026, the filer reported 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, marking a significant entry into the 5% ownership threshold. The shares are held by Bank of America Corp on behalf of its wholly-owned subsidiaries, including Bank of America N.A., Merrill Lynch International, and Merrill Lynch Pierce Fenner & Smith, Inc. The filing details show shared dispositive power over the full 4,621,301 shares, while shared voting power is limited to 26,603 shares. The beneficial ownership calculation is based on 93,324,457 outstanding shares as reported in the issuer's Form N-CSR from March 2026. The acquisition was made in the ordinary course of business and not for the purpose of influencing control of the issuer.