PIMCO California Municipal Income Fund

PCQ: SCHEDULE 13D/A · ownership disclosure

Bank of America Corporation and its subsidiary Banc of America Preferred Funding Corporation filed Amendment No. 4 to their Schedule 13D on PIMCO California Municipal Income Fund, reporting beneficial ownership of 1,920 remarketable variable rate munifund term preferred shares, series 2054 — 79.4% of the class. The date of event requiring the amendment is September 10, 2026. The amendment was filed solely to report a change in the percent of class beneficially owned, because the outstanding preferred class decreased to 2,419 shares as reported by the issuer to the reporting persons. The number of shares the BAC entities beneficially own did not change. The disclosure is administrative with no stated change in intent, but the shrinking class size implies redemptions or remarketing of the fund's RVMTP preferred shares. Holders or watchers of the fund's preferred stock may want to monitor whether the class continues to contract toward BAC's stake becoming the dominant (or sole) holding.

SEC SCHEDULE 13D/A•1mo ago