Bulldog Investors Announces Results of Special Meeting of Stockholders of Alliance California Municipal Income Fund
2018年11月16日 - 11:15PM
ビジネスワイヤ(英語)
Bulldog Investors, LLC (“Bulldog”) today announced that the
special meeting of stockholders of Alliance California Municipal
Income Fund, Inc. (NYSE: AKP) (the “Fund”) which was initially
convened on October 11, 2018 and adjourned until November 14, 2018,
was further adjourned over Bulldog’s objection until December 11,
2018. On each of the previous occasions, a quorum was present and
the proposal to enter into a new investment advisory agreement with
AllianceBernstein L.P. was not approved.
Phillip Goldstein, a managing member of Bulldog, commented:
“Unfortunately, management seems not to understand that it has a
fiduciary duty to abide by the outcome of a stockholder vote even
if it does not like it.”
About Bulldog Investors
Bulldog Investors is an SEC-registered investment adviser that
manages the Bulldog Investors group of private funds, Special
Opportunities Fund, Inc. (NYSE:SPE), a registered closed-end
investment company, and separately managed accounts. Bulldog holds
approximately 12.4% of the outstanding common stock of the
Fund.
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InvestorComJohn Glenn Grau, (203) 972-9300 ext.
110jgrau@investor-com.com
Alliance California Municipal Income Fund (NYSE:AKP)
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