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SEC EDGAROCT 231 min read

BANK OF AMERICA CORP /DE/ sold $30K of PNI (indirect holdings)

BANK OF AMERICA CORP /DE/ sold 4,846 indirectly-held shares of PIMCO NEW YORK MUNICIPAL INCOME FUND II (PNI) at $6.27 across 29 trades on 2026-10-21. Filed jointly with MERRILL LYNCH, PIERCE, FENNER & SMITH INC. (10% owner).

Original reporting
SEC EDGAR · BANK OF AMERICA CORP /DE/, MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
Published Oct 23, 2026, 10:11 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 23, 2026, 10:13 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About AlphAI AI DeskScoring methodologyReport an issue
AlphAI market briefInsider activity
Primary signal
MARKET
Neutral
AI market analysis
Mentioned
$PNI
Relevance
3/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

Low
01

Why it matters

The transaction is minor and unlikely to move the fund’s price or influence broader market sentiment.

02

Market read

Low relevance; a small insider sale with no material impact.

03

What to watch

Bank of America’s indirect ownership stake is minimal; the transaction likely reflects portfolio rebalancing rather than new information about the fund.

Relevance 3/10Novelty 3/10Timing: post‑market filing

Background

SEC Form 4 filing discloses that Bank of America sold about $30 k of indirect holdings in PIMCO New York Municipal Income Fund II on 2026‑10‑21.

Market effects

Sector

none

Regional

none

Global

none

Counterpoint

What could challenge this read

The sale is too small to affect price; any market reaction would be noise.

Key entities

  • institution
    Bank of America Corp

    Reporter of the insider transaction.

  • fund
    PIMCO New York Municipal Income Fund II

    Issuer of the securities sold.

Read at source← All news

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

PNI insider trading history →

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