Saba Capital Management, L.P., identified as a ten-percent owner of BlackRock ESG Capital Allocation Term Trust (NASDAQ: ECAT), completed a pair of stock dispositions on January 22 and January 23, 2026, disposing of a total of 94,044 common shares.
The sales were executed at $15.50 per share, bringing aggregate proceeds of $1.46 million. On January 22 the firm sold 35,831 shares, and on January 23 it sold 58,213 shares. Following the two transactions, Saba Capital Management, L.P. continues to hold 25,704,244 shares of the trust.
At the time of the trades, BlackRock ESG Capital Allocation Term Trust has a market capitalization of $1.54 billion and is trading at $15.53, a price effectively in line with the sale price recorded by Saba Capital. The trust is notable for a 21.45% dividend yield and a track record of increasing its dividend for five consecutive years.
Additional metrics cited alongside the transaction note that the trust carries a "GREAT" financial health score as assessed by InvestingPro and has produced a 15.45% price return over the past 12 months. Those metrics were presented as context for the holding and the recent insider activity.
The disclosure of the share sales details the specific lots and timing, while the post-transaction holdings figure shows that Saba remains a substantial shareholder despite the sale. The reported trade prices sit almost exactly at current market levels, and the trust's yield and dividend-growth history were highlighted as features of the security.
This reporting focuses on the reported insider transactions, the resulting ownership position, and selected performance and income characteristics of the fund. No additional commentary is provided about motives for the sales or subsequent trading activity beyond the facts of the transactions and the snapshot of valuation and income metrics cited above.
Contextual facts
- Saba Capital sold 94,044 ECAT shares in two tranches on January 22 and 23, 2026, for $15.50 per share, totaling $1.46 million.
- After the sales, Saba Capital holds 25,704,244 shares of BlackRock ESG Capital Allocation Term Trust.
- The trust has a market capitalization of $1.54 billion, trades at $15.53, yields 21.45%, has raised its dividend for five straight years, and is rated "GREAT" for financial health by InvestingPro with a 15.45% price return over the past year.