Saba Capital Management, L.P. filed a Form 4 on November 10, 2026, disclosing the sale of 73,397 shares of BlackRock ESG Capital Allocation Term Trust common stock on November 9, 2026.

Key Highlights

  • Reporting person: Saba Capital Management, L.P., identified as a 10% owner of BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT).
  • Transaction: 73,397 shares of common stock disposed of (transaction code S) on November 9, 2026, at a price of $13.30 per share.
  • Remaining beneficial ownership: 11,606,095 shares held indirectly following the reported transaction.
  • Indirect ownership: Securities are held by funds and/or accounts for which Saba Capital Management, L.P. serves as investment manager, according to the filing.
  • Key individuals: Boaz R. Weinstein is disclosed as the managing member of Saba Capital Management GP, LLC, the general partner of Saba Capital Management, L.P.

Saba Capital's November 9 Disposition of ECAT Common Stock

According to the Form 4 filed with the SEC on November 10, 2026, Saba Capital Management, L.P. reported the sale of 73,397 shares of BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) common stock. The transaction, coded "S," took place on November 9, 2026, at a price of $13.30 per share. The filing identifies Saba Capital Management, L.P. as a 10% owner of the issuer.

Following the reported transaction, Saba Capital Management, L.P. reported indirect beneficial ownership of 11,606,095 shares. The filing states that "the securities reported herein are held by funds and/or accounts for which Saba Capital Management, L.P. serves as investment manager." Boaz R. Weinstein is identified as the managing member of Saba Capital Management GP, LLC, which serves as the general partner of Saba Capital Management, L.P. No derivative securities were reported in Table II of the filing.

The Form 4 was signed on November 10, 2026, by David Han on behalf of Saba Capital Management, L.P., and also lists Boaz Weinstein with the same filing date. No amendment date is listed, indicating this is an original filing. The date of earliest transaction is stated as November 9, 2026.

What Was Disclosed

Saba Capital Management, L.P. disclosed a sale of 73,397 shares of ECAT common stock on November 9, 2026, at $13.30 per share, leaving an indirect beneficial ownership position of 11,606,095 shares held through funds and accounts it manages.