ISS Backs Saba Capital's Nominees for BlackRock Funds on GOLD Proxy Card

Thursday, 13 June 2024, 10:04

In a significant development, ISS has recommended shareholders to vote in favor of Saba Capital's nominees by using the GOLD Proxy Card at four major BlackRock closed-end funds. This endorsement comes as a pivotal moment impacting the upcoming decisions and strategies within the financial market.
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ISS Backs Saba Capital's Nominees for BlackRock Funds on GOLD Proxy Card

ISS Recommendations on Voting

In a recent announcement, ISS has advised shareholders to cast their votes using the GOLD Proxy Card to support Saba Capital's nominees at four significant BlackRock closed-end funds. This endorsement carries considerable weight within the investment community, indicating a potential shift in control and influence for these funds.

BlackRock Closed-End Funds Impact

The decision by ISS to recommend voting for Saba Capital's nominees could signify a strategic move that may affect the direction and performance of these funds moving forward. Shareholders now hold the key to determining the future composition of the BlackRock funds.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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