BofA Finance LLC has announced a new pricing supplement for its Fixed Income Buffered Auto-Callable Yield Notes, as detailed in a recent SEC filing. This financial instrument is designed to attract investors with its unique structure and potential returns linked to the performance of major tech stocks.

The significance of this filing lies in its potential to enhance BofA Finance's product offerings within the National Commercial Banks sector. By introducing these yield notes, the company aims to cater to investors looking for innovative investment opportunities that balance risk and return.

Background

BofA Finance LLC operates under the National Commercial Banks SIC code (6021). The company is a subsidiary of Bank of America Corporation and is incorporated in Delaware. Its business address is located at 100 North Tryon Street, Charlotte, NC. The recent filings from BofA Finance include multiple submissions on October 29, 2026, primarily consisting of pricing supplements under the SEC Act of 1933.

What the Filing Says

The filing outlines the terms of the Fixed Income Buffered Auto-Callable Yield Notes, which are linked to the least performing stocks of major companies including Alphabet Inc., Amazon.com, Inc., Apple Inc., and NVIDIA Corporation. The notes are expected to price on November 23, 2026, with an issue date of November 27, 2026.

According to the filing, "Payments on the Notes will depend on the individual performance of the Class C capital stock of Alphabet Inc., the common stock of Amazon.com, Inc., the common stock of Apple Inc., and the common stock of NVIDIA Corporation." The notes will feature a fixed coupon rate of 9.50% per annum, payable monthly, assuming the notes are not called prior to maturity.

Impact

This issuance of yield notes may attract a diverse group of investors, particularly those looking for higher returns in a low-interest-rate environment. The innovative structure of these notes may appeal to risk-tolerant investors who are interested in tech stocks. Additionally, the notes are fully and unconditionally guaranteed by Bank of America Corporation, adding a layer of security for potential investors.

What's Next

The pricing of the notes is scheduled for November 23, 2026, followed by their issuance on November 27, 2026. Further details regarding the performance metrics and specific terms will likely be outlined in subsequent filings.

For more information, the filing can be accessed through the SEC's EDGAR database, under accession number 0001918704-26-033329.