BlackRock Enhanced Large Cap Core Fund signs standstill agreement with Saba Capital
BlackRock Enhanced Large Cap Core Fund, Inc. and its investment advisor entered into a standstill agreement with Saba Capital Management, L.P. on January 20, 2025. Under the agreement, Saba agrees to follow customary standstill covenants and to vote any shares it holds in line with the Fund's Board recommendation, and the agreement runs until the day after the Fund's 2027 annual meeting or August 31, 2027, whichever is earlier.
Key points
- Agreement dated January 20, 2025 between the Fund, BlackRock Advisors, LLC and Saba Capital Management, L.P.
- Saba agrees to customary standstill covenants and to vote any shares it holds per the Board's recommendation
- Agreement remains in effect until the day after the 2027 annual meeting or August 31, 2027, whichever is earlier
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 21, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.