Enhanced Equity Dividend Trust

NAV as of Feb 06, 2023 $9.03
52 WK: 8.42 - 10.53
1 Day NAV Change as of Feb 06, 2023 -0.05 (-0.55%)
Morningstar Rating

4 stars

Market Price as of Feb 06, 2023 $9.12
1 Day Price Change as of Feb 06, 2023 -0.14 (-1.51%)
Distribution Rate as of Feb 06, 2023 7.40%
Premium Discount as of Feb 06, 2023 1.00%

Overview

Investment Approach

BlackRock Enhanced Equity Dividend Trust’s (BDJ) (the 'Trust') primary investment objective is to provide current income and current gains, with a secondary investment objective of long-term capital appreciation. The Trust seeks to achieve its investment objectives by investing in common stocks that pay dividends and have the potential for capital appreciation and by utilizing an option writing (selling) strategy to enhance distributions paid to the Trust’s shareholders. The Trust invests, under normal market conditions, at least 80% of its total assets in dividend paying equities. The Trust may invest directly in such securities or synthetically through the use of derivatives.

No assurance can be given that the Trust’s investment objective will be achieved.

PORTFOLIO BUILT ON DIVIDEND GROWTH

Seeks to invest in companies with a greater potential for dividend growth

FOCUS ON HIGH QUALITY COMPANIES

U.S portfolio of large cap, high-quality companies

SEEKS TO REDUCE PORTFOLIO VOLATILITY

Sells (writes) call options on underlying equity portfolio, potentially reducing the fund’s volatility

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Performance

Growth of Hypothetical $10,000

Performance chart data not available for display.

NAV Market Price

Enhanced Equity Dividend Trust ($)

Source: Lipper. Data reflects different methodology from the BlackRock calculated returns in the Returns tab. The Growth of Hypothetical $10,000 chart reflects a hypothetical $10,000 investment in the fund. The chart uses NAV performance or market price performance and assumes reinvestment of dividends and capital gains. The chart assumes Fund expenses, including management fees and other expenses were deducted. The starting NAV for the NAV performance chart reflects a deduction of the sales charge from the initial public offering price.

Source: Lipper. Data reflects different methodology from the BlackRock calculated returns in the Returns tab. The $10,000 Hypothetical Over Time chart reflects a hypothetical $10,000 investment in the investor class of shares noted and does not assume the max sales charge. Had sales charge been included, returns would have been lower. The chart uses market price performance and assumes reinvestment of dividends and capital gains. Fund expenses, including 12b-1 fees, management fees and other expenses were deducted. Performance for other share classes will vary.

Historical NAVs

Historical Prices