BofA Finance LLC, a subsidiary of Bank of America Corporation, has recently filed a preliminary pricing supplement for a new structured investment product. This filing, dated October 22, 2026, is significant as it reflects the company's ongoing efforts to provide innovative investment solutions to its clients.

The new securities, known as Jump Securities with an Auto-Callable feature, are linked to the performance of major equity indices including the Russell 2000, S&P 500, and NASDAQ-100. Investors can expect a return of approximately at least 10.40% per annum, depending on the performance of these indices.

Background

BofA Finance LLC operates under the SIC classification of National Commercial Banks (6021). The company is incorporated in Delaware and is a part of the broader Bank of America Corporation, which is a major player in the financial services industry. BofA Finance focuses on providing structured investment products and other financial services to its clients.

Recent filings from BofA Finance indicate a strong commitment to expanding its product offerings. The company has filed multiple 424B2 forms, showcasing its active role in the structured investment market.

What the Filing Says

The filing specifies that the securities are fully and unconditionally guaranteed by Bank of America Corporation. It also outlines the terms of the investment, stating, "The securities do not guarantee the repayment of principal, do not provide for the regular payment of interest and have the terms described in the accompanying product supplement, prospectus supplement and prospectus." This highlights the inherent risks associated with the investment.

Impact

This new offering could attract a range of investors, particularly those looking for equity-linked investments with a potential for higher returns. However, the risk of losing principal is significant, as the securities are dependent on the performance of the underlying indices. The filing emphasizes the importance of understanding these risks before investing.

What's Next

The filing does not specify what happens next, but it indicates that the pricing date for the securities is set for October 30, 2026, with an original issue date of November 4, 2026. Investors will be closely monitoring these developments as the offering progresses.