Description:

BAC-PN refers to a preferred stock issued by Bank of America Corporation (BAC), a financial services holding company listed on the New York Stock Exchange. This preferred stock is part of the broader investment options offered by Bank of America, designed to cater to investors seeking regular income and a higher claim on assets and earnings compared to common stockholders. The PN designation typically signifies a specific series or class within the preferred stock offerings, each with its own unique characteristics such as dividend rate, maturity date, and conversion rights. Investors interested in BAC-PN should review the latest prospectus or financial statements for detailed terms and conditions associated with this particular security.

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