NYSE - Delayed Quote • USD BlackRock California Municipal Income Trust (BFZ) Follow Compare 11.35 +0.07 +(0.62%) At close: January 17 at 4:00:02 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Saba Capital Corrects BlackRock’s Intentionally False and Misleading 2024 Annual Meeting Results NEW YORK, July 01, 2024--Saba Capital Management, L.P. (together with certain of its affiliates, "Saba" or "we") today issued a statement regarding its campaign to improve the Boards of Trustees of 10 poorly governed and underperforming closed-end funds managed by BlackRock Advisors, LLC ("BlackRock") and BlackRock’s intentionally false and misleading press release issued on June 28, 2024. ISS Recommends Shareholders Vote the GOLD Proxy Card "FOR" Saba Capital’s Nominees at Four Major BlackRock Closed-End Funds NEW YORK, June 13, 2024--Saba Capital Management, L.P. (together with certain of its affiliates, "Saba" or "we"), a significant shareholder of 10 BlackRock closed-end funds (collectively, the "Funds" or the "CEFs"),1 today announced that Institutional Shareholder Services Inc. ("ISS") has recommended shareholders vote on the GOLD Proxy Card at the following Funds: ISS Endorses ALL of Saba Capital’s Nominees at the BlackRock Science and Technology Term Trust and BlackRock California Municipal Income Trust NEW YORK, June 11, 2024--Saba Capital Management, L.P. (together with certain of its affiliates, "Saba" or "we"), a significant shareholder of 10 BlackRock closed-end funds (collectively, the "Funds" or the "CEFs"),1 today announced that Institutional Shareholder Services Inc. ("ISS") has made the following recommendations: Saba Capital Shares Key Facts That Reinforce the Urgent Need for Change at 10 BlackRock Closed-End Funds NEW YORK, May 30, 2024--Saba Capital Management, L.P. (together with certain of its affiliates, "Saba" or "we") today sent the below letter to shareholders of 10 BlackRock closed-end funds (collectively, the "Funds" or the "CEFs")1 where Saba has nominated independent directors for election to the Funds’ Boards of Trustees (the "Boards") at the upcoming 2024 Annual Meetings of Shareholders (the "Annual Meetings"). Saba Capital Releases Presentation Detailing Plan to Deliver Enhanced Shareholder Value at 10 BlackRock Closed-End Funds NEW YORK, May 20, 2024--Saba Capital Management, L.P. (together with its affiliates, "Saba" or "we") today issued a presentation detailing its plan to deliver shareholder value at 10 BlackRock Advisors, LLC ("BlackRock") closed-end funds (collectively, the "Funds").1 The presentation can be viewed here. BlackRock Announces Increased Distribution Rates for Certain Municipal Closed-End Funds NEW YORK, May 20, 2024--Today, the Board of Directors/Trustees of BlackRock MuniYield Pennsylvania Quality Fund (NYSE: MPA) and BlackRock California Municipal Income Trust (NYSE: BFZ), (each a "Fund," and collectively the "Funds") announced distributions, which reflect distribution increases for the Funds. Performance Overview Trailing total returns as of 1/17/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return BFZ S&P 500 YTD +1.96% +1.52% 1-Year +2.55% +25.82% 3-Year -6.99% +28.61%