Saba Capital Management Sells 111,432 ECAT Shares at $15.40

Saba Capital Management, L.P., a 10% owner of BlackRock ESG Capital Allocation Term Trust (ECAT), filed a Form 4 disclosing the sale of 111,432 shares of common stock on June 25, 2026. The shares were sold at a price of $15.40 per share, resulting in total proceeds of approximately $1.7 million. Following this transaction, Saba Capital Management's ownership position decreased to 17,930,744 shares. The filing indicates this was an indirect ownership transaction. The form was signed by Zachary Gindes and Boaz Weinstein on behalf of Saba Capital Management on June 26, 2026. This filing represents routine disclosure of insider trading activity by a significant shareholder in the BlackRock ESG Capital Allocation Term Trust.