Bank Of America Corp /De/ - May 31, 2024 Form 4 Insider Report for Invesco California Value Municipal Income Trust (VCV)

Role
10%+ Owner
Signature
/ s / Andres Ortiz (BANK OF AMERICA CORP)
Stock symbol
VCV
Transactions as of
May 31, 2024
Transactions value $
$0
Form type
4
Date filed
6/4/2024, 07:56 PM
Previous filing
May 2, 2024
Next filing
Jun 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VCV Variable Rate Muni Term Preferred Shares Other -313 -15.03% 1.77K May 31, 2024 By Subsidiary F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 313 Series 2015/6-VCV Variable Rate Muni Term Preferred Shares ("VMTP Shares") reported as disposed of in Table I represent shares that were beneficially owned by Banc of America Preferred Funding Corporation ("PFC"). The 313 VMTP Shares held by PFC were redeemed by the Issuer on May 31, 2024, as described in the Notice of Intention to Redeem Securities, N-23C-2, filed by "Invesco California Value Municipal Income Trust." with the SEC on May 01, 2024, for a redemption price of $100,373.72 per share (which includes a liquidation preference of $100,000.00 per share and final accumulated but unpaid dividends of $373.72 per share). PFC is a wholly owned subsidiary of Bank of America Corporation.
F2 This statement is jointly filed by Bank of America Corporation and PFC. Bank of America Corporation held an indirect interest in the securities listed in Table I by virtue of its indirect ownership of its subsidiary PFC. Each reporting person is currently analyzing additional trading activity and expect to file another Form 4 as promptly as reasonably practicable once that analysis is complete.
F3 Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) of the US Securities Exchange Act of 1934 or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate or other group for the purpose of acquiring, holding or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any group with respect to the Issuer or any securities of the Issuer.

Remarks:

Exhibits Index Exhibit 99.1 - Joint Filing Agreement