Saba Capital Management, L.P., a ten percent owner of BlackRock ESG Capital Allocation Term Trust (NASDAQ:ECAT), reported sales of the trust’s common stock totaling approximately $2,910,809. The transactions occurred over two separate dates in late June.
On June 26, 2026, Saba Capital Management disposed of 75,754 shares of common stock at a price of $15.37 per share. Following this transaction, the firm’s indirect ownership in the trust stood at 17,854,990 shares. The trust currently trades at $15.72 and boasts a dividend yield of 20.62%, with InvestingPro data showing the fund pays a significant dividend to shareholders. The trust has delivered a 20.6% total return over the past year, earning a "GREAT" financial health score from InvestingPro, which offers 4 additional exclusive tips for ECAT investors.
Further sales took place on June 29, 2026, when Saba Capital Management sold an additional 112,371 shares. These shares were sold at a price of $15.542 per share. After this transaction, Saba Capital Management held 17,742,619 shares of BlackRock ESG Capital Allocation Term Trust.
The reported sales were conducted within a price range of $15.37 to $15.542 per share.
The filing was made public on June 30, 2026, for transactions that occurred on June 26 and June 29, 2026.
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15.72▲+0.08(+0.51%)Closed·15:59:59·USD15.75▲+0.03(+0.19%)After Hours·16:43:381D1W6M1Y5YMaxCreated with Highcharts 11.4.814:0015:0016:0017:0018:0019:0015.6515.715.75Analyze ECATIs ECAT a bargain right now?The fastest way to find out is with our Fair Value calculator. We use a mix of 17 proven industry valuation models for maximum accuracy. Get the bottom line for ECAT plus thousands of other stocks and find your next hidden gem with massive upside.See Undervalued Stocks