On July 9, 2019, Saba Capital Management, L.P. announced that in an extraordinary attempt to entrench themselves, the Board of trustees of BlackRock New York Municipal Bond Trust attempted to invalidate Saba’s timely submitted nominees and filed a proxy statement and sent letters to shareholders stating that the Fund would not count votes in favor of Saba’s nominees at the Fund's 2019 annual meeting of shareholders. Saba Capital stated that on June 27, 2019, the Court of Chancery of the State of Delaware ruled that the Board improperly invalidated the timely nominations made by Saba and issued an injunction mandating that the Board must recognize Saba’s nominees and must count votes that are in favor of Saba’s nominees. In addition, Saba Capital expressed that shareholders vote for Saba's nominees and its precatory proposal to declassify the Board would help it to fight for lower fees and better performance. In addition, Saba Capital stated that the 2019 annual meeting is fast approaching on July 18, 2019, so it’s with great urgency that shareholders should submit their vote on its proxy card.