ECAT Insider L.P. Saba Capital Management Sells $1.7M of Stock
L.P. Saba Capital Management offloaded 111,432 shares of BlackRock ESG Capital Allocation Term Trust on June 25, 2026, continuing a series of transactions.
Reviewed by automated data checks against the source filing. How we make and check alerts
L.P. Saba Capital Management sold 111,432 shares of BlackRock ESG Capital Allocation Term Trust ($ECAT) at an average price of $15.40, worth about $1.72 million, on June 25, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $ECAT is up 2.4% after 1 week, down 0.2% after 1 month and down 7.9% to date (from the $14.36 close on Jun 25, 2026).
ECAT
BlackRock ESG Capital Allocation Term Trust
Key Points
- L.P. Saba Capital Management sold 111,432 shares of BlackRock ESG Capital Allocation Term Trust on June 25, 2026, at an average price of $15.40 for a total value of about $1.72 million.
- The trust trades with a market capitalization of roughly $1.44 billion and a price-to-earnings ratio of 5.77, sitting between its 52-week low of $13.36 and high of $16.73.
- The latest sale builds on a sequence of transactions by the firm, following earlier disposals in June and subsequent sales through October 2026.
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Saba Capital Management Trims Stake in BlackRock ESG Trust
L.P. Saba Capital Management sold 111,432 shares of BlackRock ESG Capital Allocation Term Trust NYSE ECAT on June 25, 2026. The shares were transacted at an average price of $15.40, bringing the total value of the disposition to approximately $1.72 million. This transaction follows a pattern of portfolio adjustments by the firm involving the New York-based investment trust.
Recent Insider Transactions by the Firm
The June 25 sale is part of an ongoing series of disposals by Saba Capital Management. Days prior on June 22, the group sold 64,443 shares at $15.50 each for roughly $998,866. The activity continued on June 24 with a sale of 111,896 shares at an average price of $15.25, valued at about $1.71 million, and another batch of 75,754 shares on June 26 at $15.37 per share worth roughly $1.16 million. The pattern extended into October, including a sale of 26,889 shares on October 13 at $13.99 and 46,604 shares on October 14 at $13.72.
Stock Performance and Valuation Levels
The trust's shares recently changed hands around $15.59. The fund carries a price-to-earnings ratio of 5.77 and a market capitalization of roughly $1.44 billion. Its 50-day moving average rests at $15.22, while its 200-day moving average stands close by at $15.17. The stock continues to trade between its 52-week low of $13.36 and its 52-week high of $16.73.
Dividend Profile and Payouts
Income-focused investors often track the trust for its distribution history. The fund currently distributes an annual dividend rate of $3.17 per share, translating to a dividend yield of 22.1%. Its dividend payout ratio stands at 1.347, reflecting the proportion of earnings dedicated to shareholder distributions.
About the Trust
BlackRock ESG Capital Allocation Term Trust operates as a closed-end investment fund managed by BlackRock. Based in New York, New York, the trust focuses on allocating capital across various asset classes while incorporating environmental, social, and governance criteria into its investment strategy.
What to Watch at BlackRock ESG Capital Allocation Term Trust
Investors will likely monitor future regulatory filings to see if Saba Capital Management continues to adjust its position in the trust. The next earnings update is anticipated around September 1, 2025, which will provide additional details on the fund's financial standing and portfolio performance.
Related Filing Alerts
Source: L.P. Saba Capital Management's Form 4 filing on $ECAT (Jun 25, 2026). Find the original filing: ECAT Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts