BlackRock Capital Allocation Term Trust Proxy Filing
Ticker: BCAT · Form: DEFA14A · Filed: May 17, 2024 · CIK: 1809541
| Field | Detail |
|---|---|
| Company | Blackrock Capital Allocation Term Trust (BCAT) |
| Form Type | DEFA14A |
| Filed Date | May 17, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, shareholder-meeting, governance
TL;DR
BlackRock Capital Allocation Term Trust proxy filing is out - shareholders vote soon.
AI Summary
BlackRock Capital Allocation Term Trust filed a Definitive Proxy Statement (DEFA14A) on May 17, 2024. This filing concerns the solicitation of proxies for the Trust's annual meeting. The document details the matters to be voted on by shareholders, including the election of trustees and other corporate actions.
Why It Matters
This filing is important for shareholders as it outlines the proposals they will vote on, directly impacting the governance and future direction of the BlackRock Capital Allocation Term Trust.
Risk Assessment
Risk Level: low — This is a routine proxy filing, providing information to shareholders for voting purposes, and does not inherently introduce new financial risks.
Key Players & Entities
- BlackRock Capital Allocation Term Trust (company) — Registrant
- 0001193125-24-140906.txt (document) — Filing document name
- 20240517 (date) — Filing date
- 100 BELLEVUE PARKWAY, WILMINGTON, DE 19809 (address) — Business and Mail Address
FAQ
What type of filing is this?
This is a Definitive Proxy Statement (DEFA14A) filed by BlackRock Capital Allocation Term Trust.
Who is the filing company?
The filing company is BlackRock Capital Allocation Term Trust.
When was this filing submitted?
The filing was submitted on May 17, 2024.
What is the purpose of a DEFA14A filing?
A DEFA14A filing is a proxy statement used to solicit proxies from shareholders for an annual or special meeting of shareholders.
What is the business address of the registrant?
The business address is 100 BELLEVUE PARKWAY, WILMINGTON, DE 19809.
Filing Stats: 700 words · 3 min read · ~2 pages · Grade level 11.8 · Accepted 2024-05-16 21:41:29
Filing Documents
- d791193ddefa14a.htm (DEFA14A) — 15KB
- g841306g01m01.jpg (GRAPHIC) — 161KB
- g841306g01m02.jpg (GRAPHIC) — 318KB
- g841306g02d01.jpg (GRAPHIC) — 360KB
- g841306g02d02.jpg (GRAPHIC) — 280KB
- g841306g02m02.jpg (GRAPHIC) — 159KB
- g841306g03d01.jpg (GRAPHIC) — 271KB
- g841306g03d02.jpg (GRAPHIC) — 264KB
- g841306g03g02.jpg (GRAPHIC) — 303KB
- g841306g03g03.jpg (GRAPHIC) — 280KB
- g841306g04d01.jpg (GRAPHIC) — 291KB
- 0001193125-24-140906.txt ( ) — 3717KB
From the Filing
CAPITAL ALLOCATION TERM TRUST BLACKROCK CAPITAL ALLOCATION TERM TRUST UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Definitive Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Additional Materials Soliciting Material Pursuant to 240.14a-12 BLACKROCK CAPITAL ALLOCATION TERM TRUST (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Payment of Filing Fee (Check the appropriate box): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. The following profiles were launched on X.com, LinkedIn.com, Instagram.com and Facebook.com, respectively, on May 16, 2024: Defend Your Fund (by BlackRock) Your Defend Your Fund (by BlackRock) @DefendYourFund Activist hedge fund Saba is threatening to disrupt your funds and enrich itself. #Defend YourFund: Vote FOR Blackrock nominees, bit.ly/dyf-privacy 0 bit.ly/dyf-tw Joined May 2024 Defend | Fund Defend Your Fund (by BlackRock) Several BlackRock closed-end funds are at risk from Saba, an activist hedge fund. 1c #DefendYourfund, our 10K+ employees Message Home About Posts Jobs People Insights Activist hedge fund Saba is threatening to disrupt several BlackRock-managed closed-end funds (CEFs) by seeking to install its own hand-picked board nominees and fire BlackRock, a proven, highly experienced CEF manager, This change would allow Saba to implement its well-known playback: fundamentally disrupting CEF objectives and strategiespotentially eliminating the long-term recurring income investors rely onall to enrich itself and its hedge fund Investors. CEFs have been at the heart of BlackRock since our founding in 19SB. We believe Sabas interests arent aligned with CEF retail investors. Were fighting far this product we believe inand for you. We urge our CEF investors to protect their investment and the steady, consistent income they rely on. Vote FOR Blackcocks CEF nominees and AGAINST Sabas proposal using ONLY THE WHITE CAHD. Industry Company employees The following posts were posted on the aforementioned accounts, as applicable, on May 16, 2024: Defend Your Fund (by BlackRock) BlackRock closed-end funds holders (NYSE: BCAT, BFZ, BIGZ, BMEZ, BNY, BSTZ, ECAT, MHN, MPA, MYN): Your investment may be at risk from Saba Capital Management. Vote FOR BlackRocks CEF nominees and AGAINST Sabas proposal using ONLY THE WHITE CARD. #Defend Your Fund BlackRock BlackRock Closed-End Fund Investors: Defend Your Fund. Save Your Income. > Vote FOR BlackRock board nominees today CEF Fund Investors Under Threat from Saba l BlackRock Learn more black.rock com Blackrock.com Defend Your Fund (by BlackRock) Promoted The board members of BlackRocks closed-end funds (CEFs) are experienced stewards with a demonstrated ability to deliver sustainable, long-term value. Vote FOR BlackRocks CEF nominees and AGAINEST SabaS proposal using ONLY THE WHITE CARD. #DefendYourFund BlackRock BlackRock Closed- End Fund Investors: Sabas nominees are far less qualified. > Vote FOR BlackRock board nominees today Closed-End Funds Overseen by Experienced, Proven Boards J Learn more BlackRockbi.Jckroc:l( com Defend Your Fund (by BlackRock) BlackRock believes Sabas interests arent aligned with the overall interests of retail holders--the majority owners of BlackRocks contested closed- end funds (CEFs). Vote FOR BlackRocks CEF nominees and AGAINST Sabas proposal using ONLY THE WHITE CARD. #DefendYourFund BlackRock BlackRock Closed- End Fund Investors: Dont let Saba endanger your investment. > Vote FOR BlackRock board nominees today Sabas interest Not Aligned with Long-Term CEF Investors BlackRock BlackRock.com Defend Your Fund (by BlackRock) Promoted BlackRocks closed-end funds (CEFs) have been at the heart of our strategy since 1988-as trusted fiduciaries, we put our investors first. Vote FOR BlackRocks CEF nominees and AGAINST Sabas proposal using ONLY THE WHITE CARD. #DefendYourFund BlackRock BlackRock Closed-End Fund Investors Your long-term investment depends on you. Vote FOR BlackRock board nominees today BlackRock: As Trusted Fiduciaries, We Put Our CEF Investors First Blackrock.com - 2 - is fighting for you. Vote FOR BlackRock board nominees today - 3 - - 4 - - 5 - BlackRockBlackRock Closed-End Fund Investors:Are Sabas interests really aligned with yours?Vote FOR BlackRock board nominees today - 6 - - 7 -