BofA Finance LLC has filed a preliminary pricing supplement for auto-callable notes linked to the Nasdaq-100 Technology Sector Index, the Russell 2000 Index, and the S&P 500 Index. This filing, dated November 3, 2026, indicates a strategic move by the company to diversify its financial product offerings in a competitive market.

These auto-callable notes, set to price on November 16, 2026, and expected to issue on November 19, 2026, are designed to appeal to investors looking for structured products linked to prominent stock indices. The notes will have an approximate five-year term unless called prior to maturity.

According to the filing, the notes are expected to provide investors with potential returns based on the performance of the least performing index among the three mentioned. If the performance meets certain criteria, investors could receive a return of $1,737.50 per $1,000 in principal amount. However, if any underlying index declines by more than 30%, investors face the risk of losing up to 100% of their principal.

BofA Finance LLC is a subsidiary of Bank of America Corporation, which guarantees these notes. This backing enhances the credibility of the offering and may attract more investors who are wary of credit risks associated with structured products.

As a part of the national commercial banks sector, BofA Finance LLC is positioned to respond to the growing demand for innovative financial products. This move could influence competitors within the industry, prompting them to explore similar offerings to retain market share and meet client needs.

The filing does not specify what actions will follow this preliminary pricing supplement, but the upcoming pricing and issuance dates are crucial for investors considering these notes.