Saba Capital Management, L.P. filed a Form 4 on September 15, 2026, disclosing a sale of common stock in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) that occurred on September 14, 2026.

Key Highlights

  • Shares sold: Saba Capital Management disposed of 26,644 shares of common stock on September 14, 2026.
  • Sale price: The shares were sold at $14.59 per share, according to the filing.
  • Remaining position: Following the transaction, Saba Capital Management reported indirect beneficial ownership of 12,738,931 shares.
  • Ownership stake: The filing identifies Saba Capital Management as a 10% owner of the issuer.
  • Transaction code: The transaction is coded "S," indicating an open-market sale.
  • Signatories: The form was signed by Zachary Gindes on behalf of Saba Capital Management, L.P., and by Boaz Weinstein, both dated September 15, 2026.

Saba Capital's September 2026 Disposition in BlackRock ESG Capital Allocation Term Trust

According to the Form 4 filed with the U.S. Securities and Exchange Commission, Saba Capital Management, L.P., headquartered at 405 Lexington Avenue, 58th Floor, New York, New York 10174, reported the disposal of 26,644 shares of common stock in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT). The transaction took place on September 14, 2026, at a per-share price of $14.59, with the filing submitted on September 15, 2026.

The filing indicates that Saba Capital Management holds its remaining position indirectly. Following the reported sale, the firm's indirect beneficial ownership stands at 12,738,931 shares, as stated in Table I of the filing. The reporting person is identified as a 10% owner of the issuer, with no director or officer relationship indicated.

No derivative securities transactions were reported in Table II of the filing. The form was filed by one reporting person and was signed by Zachary Gindes on behalf of Saba Capital Management, L.P., as well as by Boaz Weinstein, with both signatures dated September 15, 2026.

What Was Disclosed

Saba Capital Management, L.P. disclosed the sale of 26,644 common shares in BlackRock ESG Capital Allocation Term Trust at $14.59 per share on September 14, 2026, leaving the firm with indirect beneficial ownership of 12,738,931 shares.