Welcome to our dedicated page for BlackRock CA Municipal Income SEC filings (Ticker: BFZ), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
blackrock's business is investing on behalf of our clients, from large institutions to parents and grandparents, doctors and teachers who entrust their savings to us. we work only for our clients—period. our promise is to offer them the clearest thinking about what to do with their money and the products and services they need to secure a better financial future. that's why investors of all kinds have made us the world’s largest asset manager, entrusting us with trillions of dollars, and it’s why companies, institutions and global governments come to us for help meeting their biggest financial challenges. important disclosures: http://www.blackrock.com/corporate/en-us/compliance/social-media-guidelinesHarris Stayce D. reported multiple insider transaction types in a Form 4 filing for BFZ. The filing lists transactions totaling 11 shares.
BlackRock’s municipal closed-end funds completed a series of reorganizations, consolidating seven funds into three survivor funds based on their relative net asset values. Common shareholders of each acquired fund received survivor fund shares equal to the aggregate NAV of their holdings as of February 6, 2026, using stated share conversion ratios. Fractional shares were settled in cash, and preferred shareholders received survivor fund preferred shares on a one-for-one basis equal to their prior liquidation preference. The reorganizations are expected to be non-taxable events.
Each survivor fund will also participate in a 2026 Discount Management Program. If a fund’s shares trade at an average daily discount to NAV of more than 10.00% during the January 1 to September 30, 2026 measurement period, it intends to conduct a tender offer to repurchase at least 5% of its outstanding common shares at 98% of NAV.
BlackRock California Municipal Income Trust is having its common stock removed from listing and registration on the New York Stock Exchange LLC. The Exchange filed a Form 25 under Section 12(b) of the Securities Exchange Act of 1934 to strike this class of securities from listing.
The notification states that the Exchange has complied with its rules regarding removal of the security, and it is signed on behalf of the New York Stock Exchange by an authorized market watch analyst.
Saba Capital Management and related reporting persons filed Amendment No. 20 to a Schedule 13D for BlackRock California Municipal Income Trust1,428,411 common shares, representing 4.75% of the trust’s common shares, based on 30,063,645 shares outstanding as of 8/18/25 as disclosed in a prior proxy. Saba-managed funds and accounts have the right to receive dividends and sale proceeds from these shares.
The filing states that approximately
Saba Capital Management, L.P. filed Amendment No. 19 to Schedule 13D on BlackRock California Municipal Income Trust (BFZ), reporting beneficial ownership of 1,731,238 common shares, or 5.76% of the class as of the event date 11/12/2025. Saba, its GP, and Boaz R. Weinstein report shared voting and dispositive power over these shares and no sole power.
The filing states that approximately $18,951,308 was paid to acquire the reported shares, using investor subscription proceeds, capital appreciation, and ordinary-course margin borrowings. The percentage is based on 30,063,645 shares outstanding as of 8/18/2025, as disclosed by the issuer. Item 4 (Purpose of Transaction) is listed as Not Applicable.
Saba Capital Management filed Amendment No. 18 to Schedule 13D for BlackRock California Municipal Income Trust (BFZ), reporting beneficial ownership of 2,211,986 common shares, representing 7.36% of the class. The filing cites 30,063,645 shares outstanding as of 8/18/25 to calculate the percentage.
Saba and related reporting persons report shared voting and dispositive power over 2,211,986 shares and no sole power. They disclose that approximately $24,213,902 was paid to acquire the reported shares. The date of the event requiring the filing is 10/31/2025. Recent open‑market transactions between 10/14/25 and 10/31/25 are referenced in Schedule A.
Saba Capital and affiliated persons report a 9.7% stake in BlackRock California Municipal Income Trust (BFZ), totaling 2,917,268 common shares. The Schedule 13D/A (Amendment No. 16) shows the holdings are shared voting and dispositive power, funded from investor subscriptions, capital appreciation and margin borrowing, with approximately $31,934,397 paid to acquire the reported shares. The percentage is calculated using 30,063,645 shares outstanding as disclosed in the issuer's DEF 14A. This amendment updates Items 3, 5 and 7 and incorporates open-market transactions through 9/16/2025 by reference to Schedule A.
Saba Capital Management, L.P. reported sales of shares in BlackRock California Municipal Income Trust (BFZ). The filing shows an indirect disposition of 36,969 common shares on 09/11/2025 at $10.96 per share and 23,604 common shares on 09/12/2025 at $10.95 per share, totaling 60,573 shares sold. After these transactions, the reporting person beneficially owned 2,997,865 shares indirectly. The Form 4 is signed by representatives of Saba Capital and Boaz Weinstein on 09/15/2025, indicating the disclosure of these insider sales.
Saba Capital Management and Boaz Weinstein reported two small open-market disposals of BlackRock California Municipal Income Trust (BFZ) common stock on 09/09/2025 and 09/10/2025. The filings show sales of 24,916 shares at $10.77 and 24,054 shares at $10.87, reducing Saba's indirect holdings from 3,082,492 to 3,058,438 shares. The report lists the reporters as a director and a 10% owner.
Insider sale reported for BFZ. Saba Capital Management, L.P. and Boaz Weinstein filed a Form 4 disclosing a sale on 09/08/2025 of 136,042 shares of BlackRock California Municipal Income Trust (ticker BFZ) at a price of $10.69 per share. After the transaction the reporting persons state they beneficially own 3,107,408 shares indirectly. The filing indicates the reporters are identified as a director and a 10% owner and that the Form 4 was signed on 09/09/2025.