Saba Capital Management, L.P. filed a Form 4 on November 9, 2026, disclosing a sale of 121,900 shares of BlackRock ESG Capital Allocation Term Trust common stock on November 6, 2026.

Key Highlights

  • Reporting person: Saba Capital Management, L.P., identified as a 10% owner of the issuer.
  • Transaction: 121,900 shares of common stock disposed of (transaction code S) on November 6, 2026.
  • Price: Shares were sold at $13.15 each, according to the filing.
  • Remaining ownership: Following the transaction, Saba Capital Management reported indirect beneficial ownership of 11,679,492 shares.
  • Ownership structure: The filing states that 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 is identified as the managing member of Saba Capital Management GP, LLC, the general partner of Saba Capital Management, L.P.

Saba Capital Management Reduces Position in BlackRock ESG Capital Allocation Term Trust

According to the Form 4 filed with the SEC on November 9, 2026, Saba Capital Management, L.P., headquartered at 405 Lexington Avenue, 58th Floor, New York, New York 10174, reported a disposition of common stock in BlackRock ESG Capital Allocation Term Trust, which trades on NYSE under the symbol ECAT. The transaction was dated November 6, 2026, and carried transaction code S, indicating a sale in the open market.

The filing discloses that 121,900 shares were disposed of at a price of $13.15 per share. Following this transaction, Saba Capital Management reported indirect beneficial ownership of 11,679,492 shares. The filing notes that the ownership is indirect, with the securities held by funds and/or accounts for which Saba Capital Management, L.P. serves as investment manager. Boaz R. Weinstein, identified as the managing member of Saba Capital Management GP, LLC (the general partner of Saba Capital Management, L.P.), is also named in the filing.

No derivative securities transactions were reported. The form was signed on behalf of Saba Capital Management, L.P. by Maria Piccolino, and also carries the name Boaz Weinstein, both dated November 9, 2026. No amendment date was provided, indicating this is an original filing.

What Was Disclosed

Saba Capital Management, L.P. reported a sale of 121,900 shares of BlackRock ESG Capital Allocation Term Trust common stock at $13.15 per share on November 6, 2026, leaving the firm with indirect beneficial ownership of 11,679,492 shares.