SEC Form FWP filed by Bank of America Corporation

Capped Notes with Absolute Return Buffer Linked to a Basket of Two Mining Sector ETFs  

The graph above and the table below reflect the hypothetical return on the notes, based on the terms contained in the table to the left (using the mid-point for any range(s)).  The graph and the table have been prepared for purposes of illustration only and do not take into account any tax consequences from investing in the notes.

(1)The Redemption Amount per unit cannot exceed the hypothetical Capped Value.

(2)This hypothetical percentage change corresponds to the Threshold Value.

Issuer

BofA Finance LLC (“BofA Finance”)

Guarantor

Bank of America Corporation (“BAC”)

Principal Amount

$10.00 per unit

Term

Approximately 18 months

Market Measure

A basket of two mining sector ETFs comprised of Global X Copper Miners ETF (NYSE Arca symbol: “COPX“) and VanEck^® Gold Miners ETF (NYSE Arca symbol: “GDX“). The Global X Copper Miners ETF will be given an initial weight of 75.00% and the VanEck Gold Miners ETF will be given an initial weight of 25.00%

Payout Profile at Maturity

●1-to-1 upside exposure to increases in the Market Measure, subject to the Capped Value

●A positive return equal to the absolute value of the percentage decline in the level of the Market Measure only if the Market Measure does not decline by more than 15.00% (e.g., if the negative return of the Market Measure is -5.00%, you will receive a positive return of +5.00%)

●1-to-1 downside exposure to decreases in the Market Measure beyond a 5.00% decline, with up to 85.00% of your principal at risk

Threshold Value

85.00% of the Starting Value of the Market Measure

Capped Value

[$13.00 to $13.80] per unit, a [30.00% to 38.00%] return over the principal amount, to be determined on the pricing date.

Interest Payments

None

Preliminary Offering Documents

https://www.sec.gov/Archives/edgar/data/70858/000191870426004740/bofa-424b2.htm

Exchange Listing

No

You should read the relevant Preliminary Offering Documents before you invest. Click on the Preliminary Offering Documents hyperlink above or call your Financial Advisor for a hard copy.

Risk Factors

Please see the Preliminary Offering Documents for a description of certain risks related to this investment, including, but not limited to, the following:

●Depending on the performance of the Market Measure as measured shortly before the maturity date, your investment may result in a loss; there is no guaranteed return of principal.

●Your potential for a positive return based on the depreciation of the Market Measure is limited. The absolute value return feature applies only if the Ending Value is less than the Starting Value but greater than or equal to the Threshold Value. Because the Threshold Value will be 85.00% of the Starting Value, any positive return due to the depreciation of the Market Measure will be limited to 15.00%. The actual Threshold Value, and by extension, the cap on the positive return due to the depreciation of the Market Measure, will be determined on the Pricing Date. Any decline in the Ending Value from the Starting Value by more than 15.00% will result in a loss, rather than a positive return, on the notes.

●Payments on the notes are subject to the credit risk of BofA Finance and the credit risk of BAC, and actual or perceived changes in the creditworthiness of BofA Finance or BAC are expected to affect the value of the notes.  If BofA Finance and BAC become insolvent or are unable to pay their respective obligations, you may lose your entire investment.

●Your investment return based on any increase in the level of the Market Measure is limited to the return represented by the Capped Value and may be less than a comparable investment directly in the stocks included in the Basket Components.

●Changes in the price of one of the Basket Components may be offset by changes in the price of the other Basket Components.

●The initial estimated value of the notes on the pricing date will be less than their public offering price.

●If you attempt to sell the notes prior to maturity, their market value may be lower than both the public offering price and the initial estimated value of the notes on the pricing date.

●You will have no rights of a holder of the securities included in the Basket Components, and you will not be entitled to receive securities or dividends or other distributions by the issuers of those securities.

●All of the securities held by each Underlying Fund are concentrated in a few sectors.

●The performance of an Underlying Fund may not correlate with the performance of its Underlying Index as well as the net asset value per share of the Underlying Fund, especially during periods of market volatility.

●An investment in the Notes is subject to risks associated with investing in stocks in the gold and silver mining industries.

●An investment in the Notes is subject to risks associated with foreign securities markets, including emerging markets.

●The Notes are subject to foreign currency exchange rate risk. 

●An investment in the notes is subject to risks associated with investing in stocks in the copper mining industry with respect to the COPX.

Final terms will be set on the pricing date within the given range for the specified Market-Linked Investment. Please see the Preliminary Offering Documents for complete product disclosure, including related risks and tax disclosure.