BLACKROCK CLOSED-END FUNDS

The future of ECAT depends on your vote

Closed-end funds (CEFs) have been at the heart of BlackRock since our founding in 1988. We have a proven 35+ year experience of delivering results for shareholders. BlackRock ESG Allocation Term Trust (ECAT) is facing a proxy contest that we believe conflicts with long-term fund goals for shareholders.

 

Vote on the WHITE proxy card today.

Cast your vote Cast your vote

How your decision could impact your investment in ECAT

BlackRock ESG Capital Allocation Term Trust (ECAT) is facing a contested election this year and your investment may be at risk.

When you receive ECAT’s proxy statement, closely review the proposals and vote your shares on the WHITE proxy card online, by phone or mail.

Vote on the WHITE card here Vote on the WHITE card here

ABOUT THE FUND

BlackRock ESG Capital Allocation Term Trust

View ECAT's latest performance, key facts, and holdings data.
Visit our ECAT page Visit our ECAT page
Fund materials
ECAT commentary ECAT commentary
ECAT fact sheet ECAT fact sheet

ECAT’s portfolio managers

BlackRock’s CEFs are managed by some of the industry’s most influential thought leaders. View our team of portfolio managers that seek to deliver on the Funds' investment objectives with decades of experience and recognition.

Rick Rieder
Rick Rieder
Lead Portfolio Manager for ECAT, CIO of Global Fixed Income, Head of Fundamental Fixed Income, and Head of the Global Allocation Investment Team
Responsible for roughly $2.7 trillion in assets, Rick is a member of BlackRock’s Global Executive Committee (GEC), its GEC Investment Sub-Committee, and is Chairman of the BlackRock Investment Council.

Board nominees up for election

Your qualified Board is under attack by​ a self-serving activist hedge fund.​ View some of the BlackRock Board nominees that are up for election. Click below to view the full list.

R. Glenn Hubbard
R. Glenn Hubbard
Former Chairman of the U.S. Council of Economic Advisers of the President of the United States. Dean Emeritus of Columbia Graduate Business School. Professor of Finance and Economics​
Catherine A. Lynch, CFA
Catherine A. Lynch, CFA
Former Chief Executive Officer and Chief Investment Officer of the National Railroad Retirement Investment. Board Director for PennyMac Mortgage Investment Trust 
J. Phillip Holloman
J. Phillip Holloman
Former President and Chief Operating Officer of Cintas Corporation and director of PulteGroup, Inc. and Rockwell Automation Inc.​

Support your long-term investment in ECAT

Keep your long-term investment with ECAT’s board nominees and BlackRock’s experienced management team. Your vote is extremely important because an activist investor is attempting to deprive you of a closed-end fund managed by BlackRock.

Here are the two types of proposals from an activist investor challenging BlackRock’s management of ECAT:

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Director nominations

An activist investor is seeking to replace your qualified nominees. Vote for ECAT's experienced Board Nominees.
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Investment management agreement

Vote AGAINST the activist investor’s proposal to terminate BlackRock as your investment manager.

What should I NOT do?

You may receive a proxy card from the activist investor. Please do NOT send back any proxy card other than the WHITE proxy card you receive from BlackRock, as this will cancel your prior vote for ECAT's Board Nominees. Only your latest vote will count.
Vote now on the WHITE proxy card Vote now on the WHITE proxy card
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We're here to help

For more information on your investment, email cef@blackrock.com. If you have any questions about the proposals to be voted, please contact Georgeson LLC (“Georgeson”), toll free at 1-866-441-6128
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