Saba Capital Management sells $2.29m of BlackRock ECAT stock

Saba Capital Management, L.P., disclosed in mid-September 2026 that it sold 152,342 shares of BlackRock ESG Capital Allocation Term Trust (ECAT) common stock, totaling around $2.29 million. The shares were traded between $14.83 and $15.07 per share. As of the current price, ECAT is trading at $14.62, which has decreased by approximately 3.4% over the past week.

Despite this decline, ECAT provides an attractive dividend yield of 21.53% and has increased its dividend for five consecutive years, according to InvestingPro Tips.

On September 10, 2026, Saba Capital Management sold 111,062 shares at $15.07 each. The following day, September 11, 2026, it sold an additional 41,280 shares at the lower price of $14.83 per share. Following these transactions, the firm still holds a significant stake in ECAT, beneficially owning 12,765,575 shares of BlackRock ESG Capital Allocation Term Trust common stock.