Saba Capital Management, L.P. filed a Form 4 with the SEC on November 3, 2026, disclosing a sale of common stock in BlackRock ESG Capital Allocation Term Trust on November 2, 2026.

Key Highlights

  • Transaction: Saba Capital Management, L.P. disposed of 86,172 shares of BlackRock ESG Capital Allocation Term Trust common stock on November 2, 2026.
  • Price: The shares were sold at $13.6 per share, according to the filing.
  • Remaining holdings: Following the transaction, Saba Capital Management, L.P. beneficially owned 12,166,941 shares, held indirectly.
  • Ownership role: The filing identifies Saba Capital Management, L.P. as a 10% owner of the issuer.
  • Investment manager structure: The securities are held by funds and/or accounts for which Saba Capital Management, L.P. serves as investment manager, with Boaz R. Weinstein serving as managing member of the general partner.

Saba Capital Management Reports November 2 Sale in BlackRock ESG Capital Allocation Term Trust

According to a Form 4 filed with the SEC, Saba Capital Management, L.P. reported a disposition of 86,172 shares of common stock in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) on November 2, 2026. The transaction was coded "S," indicating a sale, at a price of $13.6 per share. The filing classifies the ownership as indirect.

Following the reported transaction, Saba Capital Management, L.P. held beneficial ownership of 12,166,941 shares of ECAT common stock, the filing disclosed. The shares are held indirectly through funds and/or accounts for which Saba Capital Management, L.P. serves as investment manager. The filing notes that Boaz R. Weinstein serves as the managing member of Saba Capital Management GP, LLC, which is the general partner of Saba Capital Management, L.P.

The filing was signed by Maria Piccolino on behalf of Saba Capital Management, L.P. and also bears the name Boaz Weinstein, both dated November 2, 2026. No derivative securities transactions were reported in this filing. Saba Capital Management, L.P. is identified as a 10% owner of the issuer and filed as a single reporting person.

What Was Disclosed

Saba Capital Management, L.P. disclosed a sale of 86,172 shares of BlackRock ESG Capital Allocation Term Trust common stock at $13.6 per share on November 2, 2026, leaving a remaining indirect beneficial ownership of 12,166,941 shares.