Saba Capital Reduces Position in BlackRock ESG Capital Allocation Term Trust with $2.08 Million Sale
Saba Capital Management, L.P. has executed a significant divestment from BlackRock ESG Capital Allocation Term Trust (NASDAQ:ECAT), selling common shares valued at approximately $2.08 million. The transactions occurred over two consecutive days in July 2026, reflecting a strategic reduction in a trust that currently offers a substantial dividend yi…