Bank of America Corporation - Preferred Stock
US ˙ NYSE ˙ US0605056821

SecurityBAC.PRL / Bank of America Corporation - Preferred Stock
InstitutionMackay Shields Llc
Latest Disclosed Ownership20,867 shares
Latest Disclosed Value $ 24,884,836
Mackay Shields Llc reports 0.29% decrease in ownership of BAC.PRL / Bank of America Corporation - Preferred Stock

On April 24, 2026 - Mackay Shields Llc filed a 13F-HR form disclosing ownership of 20,867 shares of Bank of America Corporation - Preferred Stock (US:BAC.PRL) valued at $24,884,836 USD as of March 31, 2026. The entity filed a previous 13F-HR on January 29, 2026 disclosing 20,927 shares of Bank of America Corporation - Preferred Stock. This represents a change in shares of -0.29% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-04-24 2026-03-31 13F BANK AMERICA 7.25%CNV PFD L 060505682 20,867 -60 -0.29 24,885 -5.03 0.4341
2026-01-29 2025-12-31 13F BANK AMERICA 7.25%CNV PFD L 060505682 20,927 3,343 19.01 26,202 16.21 0.4536
2025-10-27 2025-09-30 13F BANK AMERICA 7.25%CNV PFD L 060505682 17,584 -556 -3.07 22,547 2.25 0.7669
2025-07-24 2025-06-30 13F BANK AMERICA 7.25%CNV PFD L 060505682 18,140 -11,811 -39.43 22,050 -40.56 0.7062
2025-04-29 2025-03-31 13F BANK AMERICA 7.25%CNV PFD L 060505682 29,951 -13 -0.04 37,100 2.03 1.1931
2025-02-04 2024-12-31 13F BANK AMERICA 7.25%CNV PFD L 060505682 29,964 -512 -1.68 36,360 -6.43 1.0718
2024-10-31 2024-09-30 13F BANK AMERICA 7.25%CNV PFD L 060505682 30,476 21 0.07 38,860 6.42 1.0650
2024-08-08 2024-06-30 13F BANK AMERICA 7.25%CNV PFD L 060505682 30,455 -481 -1.55 36,515 -1.31 1.1100
2024-05-03 2024-03-31 13F BANK AMERICA 7.25%CNV PFD L 060505682 30,936 -65 -0.21 36,998 -1.11 1.0255
2024-02-02 2023-12-31 13F BANK AMERICA 7.25%CNV PFD L 060505682 31,001 -707 -2.23 37,413 10.26 1.0916
2023-10-25 2023-09-30 13F BANK AMERICA 7.25%CNV PFD L 060505682 31,708 -366 -1.14 33,932 -9.88 0.9335
2023-07-27 2023-06-30 13F BANK AMERICA 7.25%CNV PFD L 060505682 32,074 -14 -0.04 37,651 0.65 1.0526
2023-04-27 2023-03-31 13F BANK AMERICA 7.25%CNV PFD L 060505682 32,088 -931 -2.82 37,408 -2.50 1.0271
2023-01-31 2022-12-31 13F BK OF AMERICA 7.25%CNV PFD L 060505682 33,019 80 0.24 38,369 -0.87 0.9790
2022-11-02 2022-09-30 13F BK OF AMERICA 7.25%CNV PFD L 060505682 32,939 87 0.26 38,704 -2.32 0.9786
2022-08-03 2022-06-30 13F BK OF AMERICA 7.25%CNV PFD L 060505682 32,852 -238 -0.72 39,623 -8.89 0.9613
2022-05-13 2022-03-31 13F BK OF AMERICA 7.25%CNV PFD L 060505682 33,090 -41 -0.12 43,491 -9.36 0.3822
2022-02-04 2021-12-31 13F BK OF AMERICA 7.25%CNV PFD L 060505682 33,131 33,131 47,981 0.3985
2021-02-16 2020-12-31 13F BK OF AMERICA 7.25%CNV PFD L 060505682 0 -40,073 -100.00 0 -100.00
2020-11-04 2020-09-30 13F BK OF AMERICA 7.25%CNV PFD L 060505682 40,073 -120 -0.30 59,662 10.52 0.4050
2020-07-31 2020-06-30 13F BK OF AMERICA 7.25%CNV PFD L 060505682 40,193 9 0.02 53,981 6.04 0.4305
2020-05-08 2020-03-31 13F BK OF AMERICA 7.25%CNV PFD L 060505682 40,184 -100 -0.25 50,907 -12.82 0.4708
2020-02-11 2019-12-31 13F BANK AMER 7.25%CNV PFD L 060505682 40,284 -24,065 -37.40 58,396 -39.44 0.4025
2019-11-01 2019-09-30 13F BANK AMER 7.25%CNV PFD L 060505682 64,349 20,709 47.45 96,422 61.10 0.5879
2019-08-13 2019-06-30 13F BANK AMER 7.25%CNV PFD L 060505682 43,640 5,508 14.44 59,852 20.20 0.4081
2019-05-15 2019-03-31 13F/A-1 BANK AMER 7.25%CNV PFD L 060505682 38,132 -1,089 -2.78 49,792 1.29 0.3610
2019-05-13 2019-03-31 13F BANK AMER 7.25%CNV PFD L 060505682 6,583 -32,638 8,570
2019-02-14 2018-12-31 13F BANK AMER 7.25%CNV PFD L 060505682 39,221 32,583 490.86 49,157 472.19 0.3989
2018-11-14 2018-09-30 13F BANK AMER 7.25%CNV PFD L 060505682 6,638 -32,354 -82.98 8,591 -82.40 0.0656
2018-08-06 2018-06-30 13F BANK AMER 7.25%CNV PFD L 060505682 38,992 422 1.09 48,808 -1.71 0.3380
2018-05-03 2018-03-31 13F BANK AMER 7.25%CNV PFD L 060505682 38,570 -11 -0.03 49,657 -2.50 0.3096
2018-01-24 2017-12-31 13F BANK AMER 7.25%CNV PFD L 060505682 38,581 -479 -1.23 50,928 0.18 1.8602
2017-10-24 2017-09-30 13F BANK AMER 7.25%CNV PFD L 060505682 39,060 4,370 12.60 50,836 15.92 1.8911
2017-07-13 2017-06-30 13F BANK AMER 7.25%CNV PFD L 060505682 34,690 22,454 183.51 43,853 200.82 1.8553
2017-04-20 2017-03-31 13F BANK AMER 7.25%CNV PFD L 060505682 12,236 -78 -0.63 14,578 1.97 0.6631
2017-01-10 2016-12-31 13F BANK AMER 7.25%CNV PFD L 060505682 12,314 2,305 23.03 14,296 16.84 0.6820
2016-10-20 2016-09-30 13F BANK AMER 7.25%CNV PFD L 060505682 10,009 -108 -1.07 12,236 1.35 0.5513
2016-07-25 2016-06-30 13F BANK AMER 7.25%CNV PFD L 060505682 10,117 -29 -0.29 12,073 4.77 0.6010
2016-04-21 2016-03-31 13F BANK AMER 7.25%CNV PFD L 060505682 10,146 -284 -2.72 11,523 1.15 0.6277
2016-01-19 2015-12-31 13F BANK AMER 7.25%CNV PFD L 060505682 10,430 -134 -1.27 11,392 0.12 0.6189
2015-10-22 2015-09-30 13F BANK AMER 7.25%CNV PFD L 060505682 10,564 -1,181 -10.06 11,378 -12.89 0.5935
2015-08-03 2015-06-30 13F BANK AMER 7.25%CNV PFD L 060505682 11,745 -325 -2.69 13,061 -6.47 0.6685
2015-05-05 2015-03-31 13F BANK AMER 7.25%CNV PFD L 060505682 12,070 12,070 0.00 13,965 0.7393
2015-01-29 2014-12-31 13F BANK AMER 7.25%CNV PFD L 060505682 0 -13,641 -100.00 0 -100.00
2014-10-24 2014-09-30 13F BANK AMER 7.25%CNV PFD L 060505682 13,641 -200 -1.44 15,639 -3.50 0.8093
2014-07-22 2014-06-30 13F BANK OF AMERICA 7.25%CNV PFD L 060505682 13,841 10 0.07 16,206 2.40 0.8931
2014-05-08 2014-03-31 13F BANK OF AMERICA 7.25%CNV PFD L 060505682 13,831 -45 -0.32 15,826 7.49 0.7975
2014-01-28 2013-12-31 13F BANK OF AMERICA 7.25%CNV PFD L 060505682 13,876 -466 -3.25 14,723 -5.02 0.5541
2013-11-01 2013-09-30 13F BANK OF AMERICA 7.25%CNV PFD L 060505682 14,342 -97 -0.67 15,501 -3.25 0.8318
2013-08-07 2013-06-30 13F BANK OF AMERICA 7.25%CNV PFD L 060505682 14,439 14,439 16,021 0.8543
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.