BlackRock ESG Trust Files Proxy Statement
Ticker: ECAT · Form: DEFA14A · Filed: May 21, 2024 · CIK: 1864843
Sentiment: neutral
Topics: proxy-statement, regulatory-filing, esg
TL;DR
BlackRock ESG Trust filed its proxy statement, no fee needed. Shareholders get to vote.
AI Summary
BlackRock ESG Capital Allocation Term Trust filed a DEFA14A on May 21, 2024, regarding its proxy statement. The filing indicates no fee was required for this submission, which is a definitive additional material. The company's fiscal year ends on December 31st, and its business and mailing address are both at 100 Bellevue Parkway, Wilmington, DE 19809.
Why It Matters
This filing provides shareholders with important information and voting materials related to the BlackRock ESG Capital Allocation Term Trust, allowing them to participate in corporate governance.
Risk Assessment
Risk Level: low — This is a routine regulatory filing (DEFA14A) for a proxy statement, not indicating any immediate financial distress or significant operational changes.
Key Numbers
- 1231 — Fiscal Year End (Indicates the end of the company's financial reporting year.)
Key Players & Entities
- BlackRock ESG Capital Allocation Term Trust (company) — Registrant
- 100 Bellevue Parkway, Wilmington, DE 19809 (company) — Business and Mailing Address
- 0001193125-24-143124 (dollar_amount) — Accession Number
- 20240521 (dollar_amount) — Filing Date
FAQ
What type of filing is this DEFA14A?
This is a Definitive Additional Material filing for a proxy statement.
Who is the registrant for this filing?
The registrant is BlackRock ESG Capital Allocation Term Trust.
What is the company's fiscal year end?
The company's fiscal year ends on December 31st.
Is there a filing fee associated with this document?
No fee is required for this filing.
What is the business address of the company?
The business address is 100 Bellevue Parkway, Wilmington, DE 19809.
Filing Stats: 380 words · 2 min read · ~1 pages · Grade level 11.9 · Accepted 2024-05-20 21:04:26
Filing Documents
- d829839ddefa14a.htm (DEFA14A) — 9KB
- g829839g01g01.jpg (GRAPHIC) — 275KB
- 0001193125-24-143124.txt ( ) — 389KB
From the Filing
ESG CAPITAL ALLOCATION TERM TRUST BLACKROCK ESG 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 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 ESG 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. Your vote matters BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT) Dear Shareholder, We are reaching out to notify you of an important announcement that benefits you as a shareholder. On May 20, 2024, BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT) announced a distribution rate increase to 20% of net asset value, payable monthly (+98% 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 ECATs upcoming annual meeting on June 26, 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 on will 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.