Tender Offer - JPMorgan Chase Bank, N.A.

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Form Type: SCHEDULE 13G/A

Filing Date: 2025-05-20

Corporate Action: Tender-offer

Type: Update

Accession Number: 000095017025075145

Filing Summary: This amendment to Schedule 13G is filed by JPMorgan Chase Bank, National Association, to disclose the termination of a tender option bond trust involving MuniFund Preferred Shares (MFP) as of May 16, 2025. The document indicates that JPMorgan Chase Bank retains certain voting rights on MFP Shares, which are calculated based on the total outstanding preferred shares (24.50%). The document also mentions the involvement of a voting trust created on February 18, 2020, which assigned some voting rights to a voting trustee. This trust analyses matters related to voting or consenting on the MFP Shares. The signatory confirms that the shares are held in the ordinary course of business and are not intended for controlling influence over the issuer.

Additional details:

Rule 13d 1 B: Yes

Voting Trust: Established on February 18, 2020

Termination Date: 2025-05-16

Form Type: SCHEDULE 13G/A

Filing Date: 2025-05-05

Corporate Action: Tender-offer

Type: Update

Accession Number: 000095017025063715

Filing Summary: JPMorgan Chase Bank, N.A. filed an updated Schedule 13G/A regarding its ownership of MuniFund Preferred Shares (MFP Shares) for the Nuveen Municipal Credit Opportunities Fund. As of the filing date, JPMorgan holds 990 MFP Shares, representing 24.50% of all preferred shares outstanding. The document discusses a Voting Trust established on February 18, 2020, which has received certain voting rights from JPMorgan. However, it asserts that voting rights not assigned to the Voting Trust are retained by JPMorgan. Additionally, it states that on February 18, 2020, JPMorgan acquired the MFP Shares and subsequently deposited them into a tender option bond trust. The trust holds title but has no power to dispose of the shares, and JPMorgan retains voting rights. The filing certifies that the securities were acquired in the ordinary course and not for the purpose of influencing control of the issuer.

Additional details:

Voting Trust Date: 2020-02-18

Shares Acquired Date: 2020-02-18

Shares Deposited Date: 2020-02-27

Percentage Ownership: 24.50

Mfp Shares Count: 990

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