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Saba Capital Management, L.P., a ten-percent owner of BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT), sold 57,169 shares of common stock in two transactions, generating $943,320. The sales occurred on October 14 and 15, 2025, with prices ranging from $16.26 to $16.53 per share. The $1.6 billion market cap fund currently offers an attractive 21% dividend yield, and according to InvestingPro, has maintained a consistent dividend increase for five consecutive years.
On October 14, Saba Capital sold 50,936 shares at $16.53 per share. Following this transaction, Saba Capital’s holdings decreased to 27,567,322 shares. The following day, October 15, the firm sold an additional 6,233 shares at $16.26. This further reduced their holdings to 27,561,089 shares. The stock has shown resilience with a 24% return over the past six months. For comprehensive insider trading analysis and additional insights, check out InvestingPro, which offers 3 more exclusive tips about ECAT’s performance.
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