0001193125-24-137475.txt : 20240514 0001193125-24-137475.hdr.sgml : 20240514 20240513204857 ACCESSION NUMBER: 0001193125-24-137475 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240514 DATE AS OF CHANGE: 20240513 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BLACKROCK CALIFORNIA MUNICIPAL INCOME TRUST CENTRAL INDEX KEY: 0001137391 ORGANIZATION NAME: IRS NUMBER: 510409109 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-10331 FILM NUMBER: 24941127 BUSINESS ADDRESS: STREET 1: 100 BELLEVUE PARKWAY STREET 2: MUTUAL FUND DEPARTMENT CITY: WILMINGTON STATE: DE ZIP: 19809 BUSINESS PHONE: 888-825-2257 MAIL ADDRESS: STREET 1: 100 BELLEVUE PARKWAY STREET 2: MUTUAL FUND DEPARTMENT CITY: WILMINGTON STATE: DE ZIP: 19809 DEFA14A 1 d833020ddefa14a.htm BLACKROCK CALIFORNIA MUNICIPAL INCOME TRUST BLACKROCK CALIFORNIA MUNICIPAL INCOME TRUST

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 14A INFORMATION

Proxy Statement Pursuant to Section 14(a) of the

Securities Exchange Act of 1934

 

Filed by the Registrant  ☒  
Filed by a Party other than the Registrant  ☐

Check the appropriate box:

 

☐    Preliminary Proxy Statement

 

☐    Definitive Proxy Statement

 

☐   Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

☒    Definitive Additional Materials

☐    Soliciting Material Pursuant to § 240.14a-12

BLACKROCK CALIFORNIA MUNICIPAL INCOME TRUST

(Name of Registrant as Specified In Its Charter)

 

 

(Name of Person(s) Filing Proxy Statement, if Other than the Registrant)

Payment of Filing Fee (Check the appropriate box):

 

 ☒    No fee required.
 ☐    Fee paid previously with preliminary materials.
 ☐    Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11.


The following is a transcript of a voicemail message from Robert Fairbairn, a Trustee of BlackRock California Municipal Income Trust (“BFZ” or the “Fund”), to shareholders of the Fund.

“Good Day, this is Rob Fairbairn, Trustee of the BlackRock Closed-End Funds, calling about an important shareholder vote taking place at your fund’s upcoming shareholder meeting that could impact your investment, including the monthly distributions you receive.

Saba, a predatory hedge fund, is attempting to install inexperienced and unqualified nominees who may take actions that are harmful to the Fund and its shareholders, like you, so that Saba may earn a profit at your expense. In addition, Saba is proposing to fire BlackRock as investment advisor to your fund, which would deprive the fund of BlackRock’s 35+ years’ experience and expertise managing closed-end funds.

We ask that you make your voice heard and vote FOR your highly qualified Board nominees and AGAINST the proposal to terminate the investment management agreement using the WHITE card only.

Please discard any gold card you may receive from Saba.

We hope that you will support your current Board nominees and protect your investment by voting on the White card. Should you have any questions, please contact your Fund’s proxy solicitor at 1-866-920-4784.”

* * * * * *

Additional Information

BEFORE MAKING ANY VOTING DECISION, SHAREHOLDERS ARE URGED TO READ THE NOTICE OF ANNUAL MEETING OF SHAREHOLDERS, DEFINITIVE PROXY STATEMENT AND ANY OTHER RELEVANT DOCUMENTS BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT THE FUND AND THE UPCOMING ANNUAL MEETING OF SHAREHOLDERS. Shareholders can obtain additional copies of the notice of annual meeting, the definitive proxy statement and other documents by directing a request to the Fund’s proxy solicitor by calling the toll-free number provided in the definitive proxy statement. Copies are available at no charge at the website identified in the definitive proxy statement. Additional copies of the proxy materials will be delivered promptly upon request. Free copies of these materials can also be found on the SEC’s website at http://www.sec.gov.