Saba Capital Management Sells Shares of BlackRock ESG Capital Allocation Trust

Saba Capital Management reduced its stake in BlackRock ESG Capital Allocation Term Trust by 19,611 shares on June 12, 2026.

Written by EarningsIQ · Published Jun 16, 2026, 2:04 AM EDT · Updated Jun 16, 2026, 4:00 AM EDT

Key Points

Saba Capital Management sold 19,611 shares of BlackRock ESG Capital Allocation Term Trust on June 12, 2026, valued at $303,774.39.
BlackRock ESG Capital Allocation Term Trust has a market cap of about $1.53 billion and a P/E ratio of 7.24.
Other funds like Morgan Stanley and Penserra Capital Management adjusted their positions in BlackRock ESG Capital Allocation Term Trust.

On June 12, 2026, L.P. Saba Capital Management sold 19,611 shares of BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT). The shares were sold at an average price of $15.49, totaling $303,774.39 in value. This transaction was not part of a pre-planned trading program.

Insider Buying and Selling at BlackRock ESG Capital Allocation Term Trust

Saba Capital Management was active in selling shares of BlackRock ESG Capital Allocation Term Trust throughout early June 2026. On June 11, it sold 188,006 shares at $15.17 each, and on June 10, it sold 116,920 shares at $15.23. The fund also sold 28,265 shares on June 9 at $15.33, 33,076 shares on June 8 at $15.42, and 56,029 shares on June 5 at $15.40.

Other Institutional Activity in BlackRock ESG Capital Allocation Term Trust

In the same period, SABA CAPITAL MANAGEMENT, L.P. reduced its holdings by 4,314,094 shares, ending with 22,022,163 shares worth approximately $299.06 million. Morgan Stanley increased its position by 37,517 shares, bringing its total to 2,204,468 shares valued at about $29.94 million. Penserra Capital Management LLC added 94,638 shares, resulting in a total of 1,459,010 shares worth approximately $19.81 million. BlackRock, Inc. and Royal Bank of Canada also made modest increases to their holdings.

BlackRock ESG Capital Allocation Term Trust Stock Snapshot

Shares of BlackRock ESG Capital Allocation Term Trust traded around $15.42. The trust has a market capitalization of approximately $1.53 billion and a P/E ratio of 7.24. Its 52-week trading range is between $13.36 and $17.14. The trust's 50-day moving average is $15.06, while the 200-day moving average stands at $15.50.

Dividend

The trust offers an annual dividend rate of $3.23, yielding 20.92%. Its dividend payout ratio is 1.6452, making it an attractive option for income-focused investors.

About BlackRock ESG Capital Allocation Term Trust

BlackRock ESG Capital Allocation Term Trust is a closed-end fund based in New York, NY, managed by BlackRock, Inc. It focuses on sustainable investment strategies, integrating environmental, social, and governance (ESG) factors into its allocation decisions. The trust is led by CEO Mr. John M. Perlowski, CPA, and operates within the asset management industry.

Bottom Line

L.P. Saba Capital Management's recent share sales in BlackRock ESG Capital Allocation Term Trust reflect active trading within its portfolio. Investors often track such insider transactions to gauge confidence levels. However, these actions are historical and may not indicate current holdings or future intentions.