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

2026-05-15SEC Filing SCHEDULE 13G/A (0000070858-26-000310)

Bank of America Corporation has filed a Schedule 13G/A for BlackRock Credit Allocation Income Trust (BTZ), reporting an increased ownership stake. As of the event date on March 31, 2026, the filer reported beneficial ownership of 4,621,301 shares, representing 5.0% of the total shares outstanding. This is an increase from the previously reported ownership level of 0.0%. The filing indicates that the shares are held in the ordinary course of business by Bank of America Corp and its wholly-owned subsidiaries, including Bank of America N.A., Merrill Lynch International, and Merrill Lynch Pierce Fenner & Smith, Inc. The reporting person holds shared dispositive power over the full 4,621,301 shares, while shared voting power is held over 26,603 shares. The calculation of the ownership percentage was based on 93,324,457 outstanding shares as disclosed in the issuer's Form N-CSR from March 2026. This amendment confirms that the acquisition was not intended to influence or change the control of the issuer.