diff --git a/Lib/asyncio/base_events.py b/Lib/asyncio/base_events.py
index 1fedb066f94c539..928f313aafe07af 100644
--- a/Lib/asyncio/base_events.py
+++ b/Lib/asyncio/base_events.py
@@ -590,7 +590,7 @@ async def shutdown_asyncgens(self):
             return_exceptions=True)
 
         for result, agen in zip(results, closing_agens):
-            if isinstance(result, Exception):
+            if isinstance(result, (Exception, exceptions.CancelledError)):
                 self.call_exception_handler({
                     'message': f'an error occurred during closing of '
                                f'asynchronous generator {agen!r}',
diff --git a/Lib/test/test_asyncio/test_base_events.py b/Lib/test/test_asyncio/test_base_events.py
index e59bc25668b4cba..d6642728acb08db 100644
--- a/Lib/test/test_asyncio/test_base_events.py
+++ b/Lib/test/test_asyncio/test_base_events.py
@@ -1042,6 +1042,45 @@ async def iter_one():
         asyncio.create_task(iter_one())
         return status
 
+    def test_shutdown_asyncgens_reports_cancelled_error(self):
+        # gh-150866: shutdown_asyncgens silently swallowed
+        # CancelledError raised during aclose() because the check was
+        # isinstance(result, Exception), but CancelledError inherits
+        # from BaseException.
+        self.loop._process_events = mock.Mock()
+        self.loop._write_to_self = mock.Mock()
+
+        async def agen_cancel():
+            try:
+                yield 1
+            finally:
+                raise asyncio.CancelledError("agen got cancelled during cleanup")
+
+        async def agen_value_error():
+            try:
+                yield 1
+            finally:
+                raise ValueError("agen failed during cleanup")
+
+        caught = []
+
+        def handler(loop, context):
+            caught.append(context['message'])
+
+        async def main():
+            loop = asyncio.get_running_loop()
+            loop.set_exception_handler(handler)
+
+            g1 = agen_cancel()
+            g2 = agen_value_error()
+            await g1.__anext__()
+            await g2.__anext__()
+
+            await loop.shutdown_asyncgens()
+
+        self.loop.run_until_complete(main())
+        self.assertEqual(len(caught), 2)
+
     def test_asyncgen_finalization_by_gc(self):
         # Async generators should be finalized when garbage collected.
         self.loop._process_events = mock.Mock()
diff --git a/Misc/NEWS.d/next/Library/2026-06-03-18-41-42.gh-issue-150866.gXGyX-.rst b/Misc/NEWS.d/next/Library/2026-06-03-18-41-42.gh-issue-150866.gXGyX-.rst
new file mode 100644
index 000000000000000..60e792b70a00d5a
--- /dev/null
+++ b/Misc/NEWS.d/next/Library/2026-06-03-18-41-42.gh-issue-150866.gXGyX-.rst
@@ -0,0 +1,2 @@
+Fix :meth:`asyncio.loop.shutdown_asyncgens` to report
+:exc:`asyncio.CancelledError` raised during asynchronous generator cleanup.