| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NAC | MuniFund Preferred Shares | Other | -450 | -14.06% | 2.75 K | Feb 21, 2024 | By Subsidiary | F1, F3, F4 | ||
| holding | NAC | Variable Rate Demand Preferred Shares | 1.6 K | Feb 21, 2024 | By Subsidiary | F2, F3, F4 |
| Id | Content |
|---|---|
| F1 | The 450 munifund preferred shares reported as disposed of in Table I represent munifund preferred shares of the Issuer (the "MFP Shares") that were beneficially owned by Wells Fargo Municipal Capital Strategies, LLC ("Capital Strategies"). The MFP Shares were disposed of as a result of a redemption by the Issuer for a redemption price of $100,255.5466 per share (which includes a liquidation preference of $100,000.00 per share and accrued dividends of $255.5466 per share). Capital Strategies is a wholly owned subsidiary of Wells Fargo & Company ("Wells Fargo"). |
| F2 | The 1,600 VRDP Shares were previously acquired by Capital Strategies as reported in the Form 4 filing filed by Wells Fargo and Capital Strategies with the United States Securities and Exchange Commission on November 17, 2017. |
| F3 | This statement is jointly filed by Wells Fargo and Capital Strategies. Wells Fargo holds an indirect interest in the securities listed in Table I by virtue of its indirect ownership of its subsidiary Capital Strategies. |
| F4 | Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) of the US Securities Exchange Act of 1934 or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate or other group for the purpose of acquiring, holding or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any group with respect to the Issuer or any securities of the Issuer. |
Exhibits Index Exhibit 99.1 - Joint Filing Agreement Exhibit 99.2 - Joint Filer Information