Saba Capital Reduces Stake in BlackRock ESG Trust Through Reported Sales
Saba Capital Management, L.P., a major investor and 10% owner of the BlackRock ESG Capital Allocation Term Trust (ECAT), reported executing sales totaling approximately $2.84 million in its common stock. These transactions occurred across May 12 and May 13, 2026, with prices varying between $15.17 and $15.52 per share.