BlackRock Innovation & Growth Term Trust Proxy Filing
Ticker: BTX · Form: DEFA14A · Filed: May 21, 2024 · CIK: 1836057
| Field | Detail |
|---|---|
| Company | Blackrock Innovation & Growth Term Trust (BTX) |
| Form Type | DEFA14A |
| Filed Date | May 21, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, regulatory-filing, shareholder-meeting
Related Tickers: BIG
TL;DR
BIG filed its proxy statement, shareholders vote soon.
AI Summary
BlackRock Innovation & Growth Term Trust (BIG) filed a DEFA14A proxy statement on May 21, 2024. The filing concerns the company's annual meeting and related proposals. Specific details regarding the proposals, voting matters, or financial performance are not detailed in this initial filing header.
Why It Matters
This filing is a standard regulatory document that shareholders of BlackRock Innovation & Growth Term Trust need to review to understand upcoming voting matters and company proposals.
Risk Assessment
Risk Level: low — This is a routine regulatory filing (DEFA14A) and does not inherently present new risks to investors.
Key Players & Entities
- BlackRock Innovation & Growth Term Trust (company) — Registrant
- 0001836057 (company) — Central Index Key
- 811-23625 (company) — SEC File Number
FAQ
What type of filing is this?
This is a DEFA14A filing, which is a Proxy Statement filed by BlackRock Innovation & Growth Term Trust.
When was this filing made?
The filing was made on May 21, 2024.
Who is the filer?
The filer is BlackRock Innovation & Growth Term Trust.
What is the company's Central Index Key (CIK)?
The company's CIK is 0001836057.
What is the SEC File Number for this company?
The SEC File Number is 811-23625.
Filing Stats: 379 words · 2 min read · ~1 pages · Grade level 11.5 · Accepted 2024-05-20 21:09:26
Filing Documents
- d842036ddefa14a.htm (DEFA14A) — 9KB
- g842036g01g01.jpg (GRAPHIC) — 278KB
- 0001193125-24-143128.txt ( ) — 393KB
From the Filing
INNOVATION AND GROWTH TERM TRUST BLACKROCK INNOVATION AND GROWTH 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 Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to 240.14a-12 BLACKROCK INNOVATION AND GROWTH 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. Your vote matters BlackRock Innovation and Growth Term Trust (NYSE: BIGZ) Dear Shareholder, We are reaching out to notify you of an important announcement that benefits you as a shareholder. On May 20, 2024, BlackRock Innovation and Growth Term Trust (NYSE: BIGZ) announced a distribution rate increase to 12% of net asset value, payable monthly (+100% relative to the prior distribution rate). We have taken this step to support shareholders of these Funds, consistent with our goal of delivering long-term value. We are focused on enhancing returns for our closed-end fund shareholders and helping them plan for their financial futures, said R. Glenn Hubbard, Chair of the Board of BlackRock Closed-End Funds. Defend YOUR Fund, Save YOUR Income At BIGZs upcoming annual meeting on June 25, activist hedge fund Saba Capital Management (Saba) is putting your dependable, income-paying investment in jeopardy by attempting to install its own hand-picked Board nominees and fire BlackRock, the largest closed-end fund manager, as manager of the Fund. If Saba prevails, your Fundand the consistent monthly income you rely onwill be at risk. BlackRock is fighting for YOU. Vote today on the enclosed WHITE proxy card: FOR the BlackRock Board nominees AGAINST Sabas proposal to terminate the Funds investment management agreement with BlackRock Visit www.blackrock.com/defend to learn more © 2024 BlackRock, Inc. or its affiliates. All Rights Reserved. BLACKROCK is a trademark of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners.