BlackRock ESG Capital Allocation Term Trust Proxy Filing
Ticker: ECAT · Form: DEFA14A · Filed: Jun 12, 2024 · CIK: 1864843
Sentiment: neutral
Topics: proxy-statement, regulatory-filing, esg
TL;DR
BlackRock ESG Trust filed its proxy statement, standard shareholder info.
AI Summary
BlackRock ESG Capital Allocation Term Trust filed a DEFA14A proxy statement on June 12, 2024. This filing concerns the company's proxy materials, indicating it is a definitive proxy statement. The company is incorporated in Maryland with its fiscal year ending December 31st.
Why It Matters
This filing is a standard regulatory requirement for public companies to provide shareholders with information regarding upcoming meetings and voting matters.
Risk Assessment
Risk Level: low — This is a routine regulatory filing (DEFA14A) and does not contain new financial information or strategic changes that would inherently increase risk.
Key Players & Entities
- BlackRock ESG Capital Allocation Term Trust (company) — Registrant
- 100 BELLEVUE PARKWAY (company) — Business Address
- WILMINGTON (company) — Business Address City
- DE (company) — Business Address State
- 19809 (company) — Business Address ZIP
- MD (company) — State of Incorporation
- 1231 (company) — Fiscal Year End
FAQ
What type of filing is this DEFA14A?
This is a Definitive Proxy Statement filed by BlackRock ESG Capital Allocation Term Trust.
When was this filing submitted to the SEC?
The filing was submitted on June 12, 2024.
What is the Central Index Key (CIK) for BlackRock ESG Capital Allocation Term Trust?
The CIK for BlackRock ESG Capital Allocation Term Trust is 0001864843.
What is the business address of BlackRock ESG Capital Allocation Term Trust?
The business address is 100 BELLEVUE PARKWAY, WILMINGTON, DE 19809.
What is the fiscal year end for BlackRock ESG Capital Allocation Term Trust?
The fiscal year end is December 31st (1231).
Filing Stats: 1,211 words · 5 min read · ~4 pages · Grade level 10.6 · Accepted 2024-06-12 09:15:51
Key Financial Figures
- $2.4 — Year* in 2023. Responsible for roughly $2.4 trillion in assets, Rick Rieder is a me
Filing Documents
- d847796ddefa14a.htm (DEFA14A) — 16KB
- g846661g03k03.jpg (GRAPHIC) — 274KB
- g846661g06p06.jpg (GRAPHIC) — 259KB
- g846661g08b01.jpg (GRAPHIC) — 231KB
- g846661g08b02.jpg (GRAPHIC) — 217KB
- g846661g08b03.jpg (GRAPHIC) — 214KB
- 0001193125-24-159645.txt ( ) — 1662KB
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. Defend Your Fund Defend Your Fund (by BlackRock)1 follower Promoted Only a few days remain for investors of BlackRocks contested closed-end funds (CEFs) to vote FOR BlackRocks decades of CEF experience and qualified board nominees, and AGAINST Sabas proposals and nominees using ONLY the WHITE card. #DefendYourFund BlackRock BlackRock Closed-End Fund Investors: only a few days remain. Vote for BlackRocks nominees. > Vote FOR BlackRock board nominees today BlackRock CEF Shareholders: Vote Today | BlackRock (Learn more blackrock.com Defend Your Fund Defend Your Fund (by BlackRock)... 1 follower Promoted Only a few days remain for all shareholders at BlackRocks contested closed-end funds (CEFs) to make their voices heard on the future of their investments. Vote FOR BlackRocks board nominees and AGAINST Sabas proposals and nominees using ONLY the WHITE card. #DefendYourFund BlackRock BlackRock Closed-End Fund Investors: Make your voice heard. Vote today. > Vote FOR BlackRock board nominees today CEF Shareholders: Vote for the Future of Your Investment | BlackRock Learn more blackrock.com BlackRock Proposals BlackRock Nominees BlackRock Portfolio Managers BlackRock Funds Truth About Saba BLACKROCK CLOSED-END FUNDS The future of your long-term investment depends on you Closed-end funds (CEFs) have been at the heart of BlackRock since our founding in 1988. At this years Annual Meetings in June, activist hedge fund, Saba Capital Management L.P. (Saba), is attempting to install its own hand-picked nominees with little to no experience, and, in some instances, fire BlackRock as investment manager of one or more CEFs in which you are invested. We are asking all shareholders to make their voices heard. If Saba prevails, your investments may be at risk. > Cast your vote Whats at stake How to vote Board nominees Portfolio Managers > This proxy season counts. Vote the WHITE proxy card now! X ISS backs most BlackRock nominees, rejects Sabas CEF proposals Independent proxy advisor Institutional Shareholder Services (ISS) rejected Saba s proposals and several of its board nominees for certain BlackRock contested closed-end funds. > View press release OUR PERFORMANCE See how we have improved discounts and delivered strong performance Saba has indicated that BlackRock CEFs are not performing as they were intended. This is factually inaccurate. See how we have improved discounts and outperformed benchmarks in recent years. > View performance Were setting the record straight Boaz Weinstein, Founder and CIO of Saba, has made several unfounded claims about BlackRock, your Funds and their Boards. We want our shareholders to hear the truth from us. > The truth about SABA The stakes could not be higher This proxy season, Saba has launched proxy campaigns targeting BlackRock CEFs, claiming to act in the best interests of shareholders but in reality seeking to benefit itself by making a quick profit at your expense. Here are the two types of proposals Saba is submitting for the shareholder meetings: 01. Director nominations Saba is seeking to install its own hand-picked nominees, including, in some instances, a majority of the Board. 02. Terminate investment management agreement If approved, BlackRock would no longer manage the following Funds - BCAT, BFZ, BIGZ, BMEZ, BSTZ, ECAT. Learn more > Board nominees up for election Your qualified Board is under attack by a self-serving activist hedge fund. View some of the BlackRock Board nominees that are up for election. Click below to view the full list. Robert Fairbairn Cynthia L. Egan J. Phillip Holloman Vice Chairman and member of the Global Executive Committee at BlackRock Former President of Retirement Plan Services at T. Rowe Price Group. Board Chair for The Hanover Insurance Group and Lead Independent Director for Huntsman Corporation Former President and Chief Operating Officer of Cintas Corporation and director of PulteGroup, Inc. and Rockwell Automation Inc. View all nominees > Lead Portfolio Managers BlackRocks CEFs are managed by some of the industrys mos