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Saba Capital Management, L.P., a ten-percent owner of BlackRock ESG Capital Allocation Term Trust (NASDAQ:ECAT), sold a total of 46,671 shares of common stock in two transactions, reaping $766004. The sales occurred on September 23 and September 24, 2025, with prices ranging from $16.39 to $16.45. The trust, currently valued at $1.62 billion, offers an impressive 21.14% dividend yield and has delivered a 17.43% return year-to-date. InvestingPro analysis reveals the stock typically trades with low volatility, making it an interesting option for income-focused investors.
On September 23, Saba Capital sold 17,785 shares at a price of $16.45 per share. Following this transaction, Saba Capital Management, L.P. reported ownership of 27,831,786 shares.
The following day, September 24, Saba Capital sold 28,886 shares at $16.39 per share. After this transaction, the firm’s holdings decreased to 27,802,900 shares.
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