Blackrock California Municipal Income Trust: Saba Capital Management buys 50,569 shares at $10.23/share

BlackRock California Municipal Income Trust [BFZ] recently disclosed that Saba Capital Management, L.P., a 10% owner of the company, has made a significant investment by purchasing 50,569 shares at a price of $10.23 per share on April 11, 2025. This notable transaction underscores the continued confidence of Saba Capital Management in the long-term prospects of BlackRock California Municipal Income Trust.