Investment Approach

BlackRock Enhanced International Dividend Trust (BGY) (the “Trust”) primary investment objective is to provide current income and current gains, with a secondary objective of long-term capital appreciation. Under normal circumstances, the Fund invests at least 80% of its net assets in dividend-paying equity securities issued by non-U.S. companies. The Fund may invest in securities of companies of any market capitalization, but intends to invest primarily in securities of large capitalization companies. Under normal market conditions, the Fund generally intends to write covered call and put options with respect to approximately 30% to 45% of its total assets, although this percentage may vary from time to time with market conditions.