ECAT Insider L.P. Saba Capital Management Sells $154K of Stock
Major shareholder Saba Capital Management recently trimmed its position in BlackRock ESG Capital Allocation Term Trust on June 17, 2026.
Reviewed by automated data checks against the source filing. How we make and check alerts
L.P. Saba Capital Management sold 10,034 shares of BlackRock ESG Capital Allocation Term Trust ($ECAT) at an average price of $15.35, worth about $154,021.90, on June 17, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $ECAT is up 0.8% after 1 week, up 2.0% after 1 month and down 6.9% to date (from the $14.20 close on Jun 17, 2026).
ECAT
BlackRock ESG Capital Allocation Term Trust
Key Points
- L.P. Saba Capital Management sold 10,034 shares of BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT) on June 17, 2026, at an average price of $15.35 for a total value of roughly $154,021.
- The trust trades near a market capitalization of $1.44 billion with a P/E ratio of 5.77 and offers an annual dividend rate of $3.17.
- This transaction adds to a sequence of earlier dispositions by Saba Capital Management throughout June and October 2026.
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Saba Capital Sells Shares of BlackRock ESG Capital Allocation Term Trust
Major shareholder L.P. Saba Capital Management sold 10,034 shares of BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT) on June 17, 2026. The shares changed hands at an average price of $15.35, resulting in a total transaction value of approximately $154,021. This move follows a string of earlier sales by the investor as it adjusts its exposure to the trust.
Inside Saba Capital's Recent Insider Transactions
The June 17 trade is part of an active sequence of dispositions by Saba Capital Management in this trust. On June 22, 2026, the major shareholder sold 64,443 shares at $15.50 each for $998,866.50. Additional offload actions followed on June 24, 2026, when the firm parted with 111,896 shares at $15.25 for $1,706,414, and on June 25, 2026, when it sold 111,432 shares at $15.40 for $1,716,052.80. The selling continued on June 26, 2026, with a transaction of 75,754 shares at $15.37 worth $1,164,338.98. Later in the year, Saba Capital continued trimming its stake, offloading 26,889 shares at $13.99 on October 13, 2026, for $376,177.11, and another 46,604 shares at $13.72 on October 14, 2026, for $639,406.88.
Stock Price and Valuation Context
The trust's stock traded around $15.47 recently, sitting between its 50-day moving average of $15.22 and its 200-day moving average of $15.17. Over the past year, the shares have moved within a 52-week range spanning from a low of $13.36 to a high of $16.73. The fund carries a market capitalization of $1.44 billion and a price-to-earnings ratio of 5.77.
Dividend and Yield Details
Income-focused investors track the trust for its distribution profile. The fund currently pays an annual dividend rate of $3.17, which translates to a dividend yield of 22.1%. Its dividend payout ratio sits at 1.347.
About BlackRock ESG Capital Allocation Term Trust
BlackRock ESG Capital Allocation Term Trust is a closed-end management investment fund based in New York, New York, managed by BlackRock. Led by CEO John M. Perlowski, the trust focuses on integrating environmental, social, and governance criteria while pursuing total return through a managed allocation strategy.
What to Watch at BlackRock ESG Capital Allocation Term Trust
Market participants will review subsequent SEC filings to track whether Saba Capital continues adjusting its stake in the trust. Investors can also note the upcoming earnings communication scheduled for September 1, 2025. Insider transactions reflect individual portfolio choices and do not serve as indicators of future stock direction.
Related Filing Alerts
Source: L.P. Saba Capital Management's Form 4 filing on $ECAT (Jun 17, 2026). Find the original filing: ECAT Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts