BANK OF AMERICA CORP /DE/ 4

What Happened

• Bank of America Corporation (reported jointly with Merrill Lynch), listed as a 10% owner, executed both a purchase and a sale in Invesco Advantage Municipal Income Trust II (ticker: VKI). On 2026-04-02 the Reporting Persons purchased 3,359 shares at $8.68 ($29,156) and on the same date sold 3,359 shares at $8.68 ($29,156). The transactions are reported as an open market or private purchase (P) and an open market or private sale (S).

Key Details

• Transaction date: 2026-04-02; Report filed: 2026-04-06 (filed within the required Form 4 window).
• Prices and amounts: 3,359 shares bought at $8.68 ($29,156) and 3,359 shares sold at $8.68 ($29,156).
• Net effect: No net change in the number of shares reported (equal shares bought and sold).
• Shares owned after transaction: Not specified in the provided filing details.
• Notable footnotes:
  • F1: Joint filing by Bank of America and Merrill Lynch; BAC states it holds an indirect interest via 100% ownership of Merrill and disclaims beneficial ownership except to the extent of any pecuniary interest.
  • F2: Reporting Persons disclaim membership in any group under Section 13(d).
  • F3: Without conceding >10% owner status or Section 16 applicability, any short‑swing profit potentially recoverable under Section 16(b) would be remitted to the issuer if applicable.

Context

• The identical buy and sell (same shares and price) result in no net reported position change. Because the reporting parties are a large financial institution and its broker affiliate, this filing reflects institutional trading activity and related reporting requirements rather than an individual executive's personal trade. The filing appears timely under Form 4 rules.