BofA Finance LLC has taken a significant step in the financial markets by filing a preliminary pricing supplement for its Capped Buffered Enhanced Return Notes linked to the Nasdaq-100 Index. This move is noteworthy as it introduces a new investment product designed to attract investors seeking enhanced returns while managing risk.

The filing, dated November 5, 2026, outlines the terms of the notes, which are expected to price on the same day and be issued on November 10, 2026. The notes will have a term of approximately two years and are linked to the performance of the Nasdaq-100 Index. Investors could benefit from a potential upside exposure of 150% to increases in the index value, subject to a maximum return of 32.85%.

Background

BofA Finance LLC, classified under the SIC code 6021 as a national commercial bank, is a subsidiary of Bank of America Corporation. The company operates from its headquarters in Charlotte, North Carolina. The recent filing is part of a series of filings made on November 5, 2026, indicating a proactive approach to expanding its financial product offerings.

What the Filing Says

The filing states, "The Capped Buffered Enhanced Return Notes Linked to the Nasdaq-100 Index, due November 9, 2028, are expected to price on November 5, 2026 and expected to issue on November 10, 2026." It also highlights that payments on the notes will depend on the performance of the Nasdaq-100 Index, with a starting value determined on the strike date of November 4, 2026.

Impact

This offering may affect a wide range of investors, particularly those interested in structured products that provide a balance between risk and return. Additionally, as the notes are fully guaranteed by Bank of America Corporation, they carry the credit risk associated with both BofA Finance LLC and its parent company, Bank of America Corporation. This guarantee may enhance investor confidence in the product.

What's Next

The filing does not specify what happens next regarding the distribution or marketing of the notes. Investors will likely await further details as the pricing date approaches.