ECAT 10% Owner Saba Capital Management, L.P. Sells $334K of Stock

Ten-percent owner Saba Capital Management sold 24,576 shares of BlackRock ESG Capital Allocation Term Trust on October 15, 2026. According to a Form 4 filing with the SEC, the shares were sold at a price of $13.60 each, for a total value of about $334,233. Following this transaction, the owner holds 12,307,219 shares, cutting its stake by about 0.2%. This sale follows several earlier transactions by the same owner in mid-October.

ECAT BlackRock ESG Capital Allocation Term Trust

$13.22 ▲ +1.69% year to date

1M 3M YTD

Daily close · Oct 16, 2026

Inside Saba Capital Management's ECAT Trade

The transaction took place on October 15, 2026, with shares changing hands at $13.60. BlackRock ESG Capital Allocation Term Trust closed at $13.57 on the day of the trade. The sale reduced the owner's direct position to 12,307,219 shares.

Other Institutional Activity in BlackRock ESG Capital Allocation Term Trust

Other institutional investors have adjusted their holdings in the fund recently. Saba Capital Management, L.P. cut its holdings by 4,408,618 shares, ending with 17,612,449 shares worth about $232,308,194. Penserra Capital Management LLC grew its holdings by 57,921 shares, ending with 1,516,889 shares worth about $20,007,765. Royal Bank of Canada grew its holdings by 30,947 shares, ending with 1,254,166 shares worth about $16,542,449. Cohen & Steers Inc. grew its holdings by 60,020 shares, ending with 928,615 shares worth about $12,248,431. Ameriprise Financial, Inc. grew its holdings by 170,923 shares, ending with 813,493 shares worth about $10,729,972.

BlackRock ESG Capital Allocation Term Trust Stock Down 0.2%

Shares of BlackRock ESG Capital Allocation Term Trust recently traded around $13.19, down about 2.8% since the transaction date when the stock closed at $13.57. The stock sits below its 50-day moving average of $14.70 and below its 200-day moving average of $15.01. The shares have traded in a 52-week range between $13.13 and $16.65, giving the trust a market capitalization of about $1.31 billion.

Recent Earnings

The fund reported a trailing twelve month earnings per share of $2.50.

Dividend

The fund pays an annual dividend rate of $3.17, which translates to a dividend yield of 24.0% with a payout ratio of 134.7%.

Insider Buying and Selling at BlackRock ESG Capital Allocation Term Trust

Saba Capital Management has made multiple transactions in the stock recently. Earlier, on October 8, 2026, the 10% owner sold 47,930 shares at an average price of $14.09. On October 9, 2026, it sold 36,718 shares at $14.17. On October 12, 2026, it sold 6,907 shares at $14.01. On October 14, 2026, it sold 46,604 shares at $13.72.

About BlackRock ESG Capital Allocation Term Trust

BlackRock ESG Capital Allocation Term Trust is a closed-end management investment company that focuses on investing in a portfolio of equity securities while applying environmental, social, and governance criteria. The trust aims to provide total return and income through its investment selections managed by BlackRock.

Bottom Line

Investors tracking BlackRock ESG Capital Allocation Term Trust should monitor future Form 4 filings to see if Saba Capital Management continues trimming its position. Form 4 documents provide visibility into insider and major shareholder activity as reported to regulators.