BofA Finance LLC has filed a pricing supplement for its new contingent income notes, which are linked to several ETFs. This filing, dated November 6, 2026, is significant as it showcases the company’s strategy to diversify its financial products.

The notes, titled "Contingent Income (with Memory Feature) Auto-Callable Yield Notes," are designed to provide investors with contingent coupons based on the performance of underlying assets. These assets include the State Street SPDR S&P Regional Banking ETF, the State Street Technology Select Sector SPDR ETF, and the VanEck Semiconductor ETF.

The filing indicates that the notes are fully and unconditionally guaranteed by Bank of America Corporation, which adds a layer of security for potential investors. The expected pricing date for these notes is November 12, 2026, with an anticipated issue date of November 17, 2026.

This move by BofA Finance LLC is particularly relevant in the context of the national commercial banks sector, where competition is fierce. By introducing these notes, BofA Finance aims to attract a broader range of investors looking for innovative investment products.

According to the filing, the notes will not be listed on any securities exchange, which may appeal to specific investor profiles. They will be issued in minimum denominations of $1,000, allowing for accessibility to a wider audience.

Furthermore, the notes are structured to provide monthly contingent coupons, contingent on the performance of the underlying ETFs. If the value of any underlying asset declines significantly, investors may be exposed to potential losses. This structure highlights the importance of understanding the risks involved in such investments.

The filing does not specify what happens next, but the anticipated pricing and issuance dates suggest that BofA Finance is moving forward with this innovative offering. Investors and competitors alike will be watching closely to see how this new product performs in the market.