Transaction overview
Saba Capital Management, L.P. executed the sale of 75,148 shares of BlackRock ESG Capital Allocation Term Trust (EXCHANGE: ECAT) common stock across two trading days, February 19 and February 20, 2026. The disposal brought in $1.13 million in gross proceeds, with execution prices ranging from $15.03 to $15.07 per share. Following the completion of these trades, Saba Capital's indirect holding in the trust stands at 23,669,210 shares.
Context on the issuer
The BlackRock ESG Capital Allocation Term Trust remains notable to income-oriented investors for its elevated dividend profile. According to InvestingPro data, the trust was offering a 22% dividend yield and had increased its dividend for five consecutive years. Over the 12 months to the most recent reporting, the trust's shares produced a 13% total return. InvestingPro's assessment of the trust's overall financial condition is listed as "Great." The platform also provides additional ProTips and more extensive metrics for investors interested in deeper analysis.
What the filings show
The sale was disclosed in regulatory filings tied to Saba Capital Management, L.P., which is identified in those filings as holding roughly ten percent of the trust prior to and around the time of the sales. The filings record the exact share count sold, the transaction dates, the per-share execution range, and the post-transaction indirect ownership total of 23,669,210 shares.
Investor takeaways
The trade details and the fund-level metrics cited by InvestingPro offer a snapshot both of a material holder's activity and of the trust's income characteristics. For market participants tracking insider and large-holder moves, the disclosure documents provide the concrete figures necessary to update ownership tables and position analyses. For income-focused investors, the trust's high dividend yield and consecutive dividend increases are highlighted metrics available through InvestingPro's dataset.
Additional information
Investors interested in further quantitative context can consult the InvestingPro service for ProTips and fuller metric sets referenced in the filings and data cited above.