On July 3, 2023, Saba Capital Management, L.P. announced that Institutional Shareholder Services Inc. (ISS) has supported its case for change at the closed-end funds advised by BlackRock, Inc. In addition, Saba Capital stated that ISS recommended BlackRock ESG Capital Allocation Term Trust shareholders vote for the election of Saba nominee Ilya Gurevich on the gold proxy card and do not vote on all incumbent directors (Cynthia L. Egan, Lorenzo A. Flores, Stayce D. Harris and Catherine A. Lynch) on BlackRockâs white proxy card at the 2023 Annual Meeting of Shareholders, which is scheduled to be held on July 10, 2023.
BlackRock ESG Capital Allocation Term Trust
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ECAT
US09262F1003
Investment Management & Fund Operators
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5-day change | 1st Jan Change | ||
16.76 USD | -0.77% | -0.24% | +3.91% |
2023 | Saba Capital Master Fund, Ltd Issues a Letter to BlackRock ESG Capital Allocation Term Trust | CI |
2023 | Saba Capital Files a Complaint Against BlackRock ESG Capital Allocation Term Trust | CI |
1st Jan change | Capi. | |
---|---|---|
+3.91% | 1.71B | |
-1.89% | 1.33B |
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