Form 8-K · Current Report · Filed 2025-01-21
BlackRock New York Municipal Income Trust Announces Standstill Agreement
On January 20, 2025, BlackRock New York Municipal Income Trust, along with its Investment Advisor, entered into a standstill agreement with Saba Capital Management, L.P.
- Filer
- BNY BNY
- Filed
- Accession
- 0001193125-25-009155
- CIK
- 0001137390
- Signal
- Low impact
- Source
- Official filing on sec.gov ↗
Details
The agreement requires Saba to abide by certain standstill covenants, withdraw a shareholder proposal, and vote in line with the Fund's Board recommendations on shareholder matters until the 2027 annual meeting or August 31, 2027, whichever is earlier.
Items reported
Other Events
Financial Statements and Exhibits
Market reaction
Close before filing
$83.29
Next session
+1.2%
Since filing
+87.7%
Latest close
$156.33
What happened, not what will happen — closing prices around the filing date.
Exhibits (1)
Never miss another BNY filing
Profitelligence watches EDGAR around the clock and alerts you within seconds.