Blackrock Science & Technology Term Trust DEF 14A proxy statements

BlackRock Science and Technology Term Trust urges shareholders to vote against Saba Capital's nominees and proposal to terminate BlackRock as investment advisor.

BlackRock is urging shareholders of the BlackRock Science and Technology Term Trust (BSTZ) to vote using the WHITE proxy card to support the current board nominees and reject Saba Capital's proposal to terminate BlackRock as the investment advisor.

BlackRock Science and Technology Term Trust amended its proxy statement to include a standstill agreement with Karpus Management, which involves a discount management program featuring potential tender offers.

BlackRock is pushing back against activist hedge fund Saba, accusing it of prioritizing short-term gains over the interests of long-term shareholders in closed-end funds.

BlackRock Science and Technology Term Trust urges shareholders to vote for its board nominees and against a proposal by Saba Capital Management to terminate BlackRock as the investment advisor.

BlackRock Science and Technology Term Trust is urging shareholders to vote against proposals from Saba Capital Management to replace board members and terminate the investment management agreement with BlackRock Advisors, LLC.

Saba Capital is soliciting proxies to elect its nominees to the BlackRock Science and Technology Term Trust's board and to terminate the investment management agreement with BlackRock Advisors, LLC, aiming to address the fund's persistent trading discount and governance issues.

BlackRock Science and Technology Term Trust urges shareholders to vote against Saba Capital's attempt to take control of the board and change the fund's investment strategy.