BlackRock Announces Completion of Certain Municipal CEF Reorganizations and Adoption of Discount Management Program
NEW YORK, February 09, 2026--BlackRock Advisors, LLC announced today each of the closed-end funds named below (each, a "Fund" and collectively, the "Funds") have completed their reorganizations or mergers, as applicable (each, a "Reorganization" and collectively, the "Reorganizations"). Additionally, each of the Survivor Funds, as identified below, adopted a Discount Management Program that seeks to enhance long-term shareholder value via periodic liquidity events if certain conditions are met (
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BlackRock Announces Shareholder Approval of Certain Municipal CEF Reorganizations
NEW YORK, November 20, 2025--BlackRock Advisors, LLC announced today that, at shareholder meetings held on October 15, 2025 and November 20, 2025, shareholders of each of the closed-end funds named below (each, a "Fund" and collectively, the "Funds") have approved the following reorganizations or mergers, as applicable (each, a "Reorganization" and collectively, the "Reorganizations"):
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Saba Capital Corrects BlackRock’s Intentionally False and Misleading 2024 Annual Meeting Results
NEW YORK, July 01, 2024--Saba Capital Management, L.P. (together with certain of its affiliates, "Saba" or "we") today issued a statement regarding its campaign to improve the Boards of Trustees of 10 poorly governed and underperforming closed-end funds managed by BlackRock Advisors, LLC ("BlackRock") and BlackRock’s intentionally false and misleading press release issued on June 28, 2024.
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ISS Recommends Shareholders Vote the GOLD Proxy Card "FOR" Saba Capital’s Nominees at Four Major BlackRock Closed-End Funds
NEW YORK, June 13, 2024--Saba Capital Management, L.P. (together with certain of its affiliates, "Saba" or "we"), a significant shareholder of 10 BlackRock closed-end funds (collectively, the "Funds" or the "CEFs"),1 today announced that Institutional Shareholder Services Inc. ("ISS") has recommended shareholders vote on the GOLD Proxy Card at the following Funds:
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ISS Endorses ALL of Saba Capital’s Nominees at the BlackRock Science and Technology Term Trust and BlackRock California Municipal Income Trust
NEW YORK, June 11, 2024--Saba Capital Management, L.P. (together with certain of its affiliates, "Saba" or "we"), a significant shareholder of 10 BlackRock closed-end funds (collectively, the "Funds" or the "CEFs"),1 today announced that Institutional Shareholder Services Inc. ("ISS") has made the following recommendations:
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