BofA Finance LLC has announced a new financial product by filing a pricing supplement for contingent income buffered auto-callable yield notes. This offering is particularly significant as it is linked to the performance of the VanEck Gold Miners ETF and the iShares Silver Trust. The notes are designed to provide investors with a unique investment opportunity tied to precious metals, which may appeal to those looking for alternative investment strategies.

The filing indicates that these notes are expected to price on November 12, 2026, and will be issued on November 17, 2026. The notes will have a term of approximately three years, unless called prior to maturity. This product aims to attract investors by offering contingent coupons that depend on the performance of the underlying ETFs.

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 is incorporated in Delaware and is based in Charlotte, North Carolina. It operates under the regulatory framework of the Securities Act of 1933 and has been active in filing various forms, including multiple recent filings of Form 424B2 on November 6, 2026.

What the Filing Says

The pricing supplement outlines that the notes will be linked to the least performing of the VanEck Gold Miners ETF and the iShares Silver Trust. It states, "The Notes will not be listed on any securities exchange" and highlights that all payments on the notes are subject to the credit risk of BofA Finance LLC and Bank of America Corporation.

Impact

This new product may attract a variety of investors, particularly those interested in commodities and structured products. By offering these notes, BofA Finance LLC aims to tap into the growing demand for investment options linked to precious metals, which can be seen as a hedge against market volatility. The move may also influence other national commercial banks to develop similar investment products to remain competitive.

What's Next

The notes are expected to price on November 12, 2026, with issuance following shortly after on November 17, 2026. Further details regarding investor interest and market reception will likely emerge as the pricing date approaches. The filing does not say what happens next.