Saba Capital Trims ECAT Holdings in Recent Divestment, $2.2M Sale
Saba Capital Management, L.P., a ten percent owner of BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT), has reduced its stake in the investment trust. Recent filings disclose two distinct transactions totaling over $2.2 million in sales, reflecting a shift in the firm's direct exposure to the fund.