ISS backs Boaz Weinstein’s nominees at four BlackRock funds
Publishing timestamp: 2024-06-13 11:47:58
Summary
ISS supports some of Saba Capital's nominees in campaigns to gain board representation at BlackRock closed-end funds, citing underperformance and shareholder disenfranchisement. BlackRock disagrees with ISS' findings and points to prior endorsements from Glass Lewis.
Sentiment: MIXED
Keywords: breaking news: technology, blackrock esg capital allocation term trust, business, blackrock california municipal income trust, activism, breaking news, blackrock innovation and growth term trust, mergers and acquisitions, saba, business news, blackrock inc, breaking news: business, blackrock science & technology trust ii,
Source: https://www.cnbc.com/2024/06/13/blackrock-blk-cef-saba-boaz-weinstein-iss.html