On July 5, 2023, BlackRock LLC announced that Institutional Shareholder Services (ISS), an independent proxy advisory firm, recommended that preferred shareholders vote on the Company?s proxy card for all of the Board nominees of BlackRock California Municipal Income Trust?Lorenzo A. Flores, R. Glenn Hubbard, W. Carl Kester, and John M. Perlowski?in connection with its upcoming annual meeting scheduled to be held on July 11, 2023. BlackRock stated that in making its recommendation for the Fund?s preferred shareholders to vote for the Fund Board?s entire slate of Board nominees, ISS rejected all the nominees submitted by Saba Capital Management, L.P.
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12:50am | BlackRock directors keep seats at six funds in proxy battle with Saba | RE |
06-14 | Glass Lewis Supports BlackRock Advisors | CI |
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