other material
confidence high
sentiment positive
materiality 0.65
BlackRock Core Bond Trust enters standstill with Saba Capital through 2027
BLACKROCK CORE BOND TRUST
- Saba agrees to vote its shares in line with Board recommendations on all matters at shareholder meetings.
- Standstill runs until day after 2027 annual meeting or August 31, 2027, whichever is earlier.
- Both sides commit to refrain from ad hominem attacks or disparaging statements during the period.
- Saba and affiliates banned from proxy solicitations, short sales, or proposing fund structure changes.
- Saba's registered investment companies (Saba RICs) are exempt and may mirror vote their holdings.