BlackRock ESG Capital Allocation Term Trust 10% holder Saba Capital Management, L.P. sells $1.17M in ECAT shares
86,172 shares sold on the open market on Nov 2, at about $13.60 each. Information only, not investment advice.
A Form 4 filed on Nov 3 shows Saba Capital Management, L.P., a holder of more than 10% of BlackRock ESG Capital Allocation Term Trust, selling 86,172 shares worth about $1.2 million on Nov 2, at about $13.60 each.
The filing reports the shares as held indirectly, for example through a trust or a fund. The trade was reported within two business days, as Section 16 requires.
After the trade, the filing lists 12,166,941 shares held.
Details from the SEC filing:
| Company | BlackRock ESG Capital Allocation Term Trust (ECAT) |
|---|---|
| Insider | Saba Capital Management, L.P. |
| Role | 10% owner |
| Transaction | Open-market sale (code S) |
| Shares | 86,172 |
| Average price | $13.60 |
| Value | $1,171,939 |
| Trade date | Nov 2, 2026 |
| Filed with the SEC | Nov 3, 2026, 4:50 PM ET |
| Shares held after | 12,166,941 |
| Ownership | Indirect |
| Rule 10b5-1 plan | Not marked in the filing |
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Source: SEC Form 4. Information only, not investment advice. Not affiliated with or endorsed by the U.S. Securities and Exchange Commission.