Saba Capital Management, L.P. filed a Form 4 on October 29, 2026, disclosing the sale of 42,966 shares of BlackRock ESG Capital Allocation Term Trust common stock at $13.67 per share on that same date.

Key Highlights

  • Shares sold: 42,966 shares of common stock disposed of (transaction code S) on October 29, 2026.
  • Sale price: $13.67 per share, as reported in the filing.
  • Remaining beneficial ownership: 12,264,253 shares held indirectly following the reported transaction.
  • Reporting person: Saba Capital Management, L.P., identified as a 10% owner of the issuer.
  • Indirect ownership: The securities are held by funds and/or accounts for which Saba Capital Management, L.P. serves as investment manager.
  • Key individual: Boaz R. Weinstein serves as the managing member of Saba Capital Management GP, LLC, the general partner of Saba Capital Management, L.P.

Saba Capital Reports Partial Sale in BlackRock ESG Capital Allocation Term Trust

According to the Form 4 filed with the SEC, Saba Capital Management, L.P. disposed of 42,966 shares of common stock in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) on October 29, 2026, at a price of $13.67 per share. The transaction was coded "S," indicating an open-market sale. No derivative securities transactions were reported in the filing.

The filing discloses that following the transaction, Saba Capital Management, L.P. beneficially owns 12,264,253 shares on an indirect basis. As noted in the filing's explanation of responses, "the securities reported herein are held by funds and/or accounts for which Saba Capital Management, L.P. serves as investment manager." The filing identifies Boaz R. Weinstein as the managing member of Saba Capital Management GP, LLC, the general partner of Saba Capital Management, L.P.

Saba Capital Management, L.P. is identified in the filing as a 10% owner of BlackRock ESG Capital Allocation Term Trust. The Form 4 was filed by one reporting person and was signed by Maria Piccolino on behalf of Saba Capital Management, L.P., with Boaz Weinstein also listed as a signatory, both dated October 29, 2026.

What Was Disclosed

Saba Capital Management, L.P. reported the sale of 42,966 shares of BlackRock ESG Capital Allocation Term Trust common stock at $13.67 per share on October 29, 2026, leaving the firm with indirect beneficial ownership of 12,264,253 shares.