Transaction overview
Bank of America CORP reported a pair of transactions involving common stock of the Nuveen Municipal Credit Opportunities Fund (NMCO) that took place on February 17, 2026. A Form 4 filing with the Securities and Exchange Commission shows a sale of 1,400 NMCO shares at a price of $10.7401, generating proceeds of $15,036. The filing records a separate purchase on the same date of an equal number of shares - 1,400 - at a price of $10.745, for an outlay of $15,042.
Filing details and ownership
The Form 4 was filed jointly by Bank of America and Merrill Lynch, Pierce, Fenner & Smith INC. In that filing both entities are identified as 10% owners of the Nuveen Municipal Credit Opportunities Fund.
Fund snapshot
At the time of the filing, NMCO has a market capitalization of $592.61 million and is noted to offer a 7.61% dividend yield, according to InvestingPro data. The fund's most recent trading price is recorded at $10.74, and its reported beta is 0.97, indicating relatively low price volatility.
Contextual notes
The transaction prices reported in the Form 4 - $10.7401 for the sale and $10.745 for the purchase - closely match the fund's current trading level of $10.74. The filing documents both the sale and the acquisition as separate entries on the same calendar date, and identifies the joint submission by the two financial institutions as the mechanism for reporting.
Implications for reporting
The Form 4 provides a precise record of the two offsetting transactions, the quantities involved and the prices paid and received. The filing also sets out the ownership status of the reporting parties with respect to NMCO.
This report is based on information contained in the cited Form 4 filing and data points reported for the fund's market capitalization, dividend yield and beta.