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-0.000938967136150215 -0.000938967136150215 -0.000938967136150215 -0.000938967136150215 0.00281690140845064 0.00279812206572768 0.00279812206572768 0.00281690140845064
Stock impact report

Institutional Shareholder Services Recommends Shareholders Vote FOR ALL BlackRock Board Nominees at BNY and MPA and AGAINST Saba’s Proposals to Terminate BlackRock as Investment Adviser of...

BlackRock New York Municipal Income Trust (BNY) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--BlackRock LLC (“BlackRock”) announced today that Institutional Shareholder Services (“ISS”), a leading independent proxy advisory firm, recommended that shareholders vote on the WHITE proxy card FOR ALL of the Board nominees of BlackRock New York Municipal Income Trust (NYSE: BNY) and BlackRock MuniYield Pennsylvania Quality Fund (NYSE: MPA), and FOR Board nominee Arthur Steinmetz at BlackRock MuniYield New York Quality Fund (NYSE: MYN) and BlackRock MuniHoldings New York Quality Fund (NYSE: MHN) (together, the “Funds”). Additionally, ISS recommended shareholders vote AGAINST the proposal to terminate BlackRock as investment adviser of BlackRock California Municipal Income Trust (NYSE: BFZ) and BlackRock Science and Technology Term Trust (NYSE: BSTZ).In making its recommendation in favor of the Funds’ Board nominees, ISS rejected the nominees put forth by dissident shareholder Saba Capital Management, L.P. (“Saba”) at BNY, MPA, MYN and MHN, and Saba’s te Show less Read more
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