BlackRock Enhanced Equity Dividend Trust

BlackRock Enhanced Equity Dividend Trust (ticker: BDJ) is a closed-ended equity mutual fund launched by BlackRock, Inc. and managed by BlackRock Advisors, LLC. The fund primarily invests in dividend-paying stocks of U.S. companies across all market capitalizations and diversified sectors. It also uses derivatives, particularly option writing, to enhance income. The fund was formed on August 31, 2005, and is domiciled in the United States. It was formerly known as BlackRock Enhanced Dividend Achievers TM Trust. Its benchmark is the Russell 1000 Value Index.

BDJ is listed on the New York Stock Exchange (NYSE) and trades in U.S. dollars (USD). As a closed-end fund, its shares are bought and sold on the exchange like stocks, and the market price may differ from its net asset value (NAV). Investors can purchase shares through brokerage accounts, and dividends are paid in USD.

BDJ operates in the Financial Services sector, specifically within the Asset Management industry. As a closed-end fund, it falls under asset management because its primary business is investing in a diversified portfolio of securities on behalf of shareholders. The fund is managed by BlackRock Advisors, LLC, a subsidiary of BlackRock, Inc., one of the world's largest asset management firms.

BDJ's investment strategy focuses on generating current income and long-term capital appreciation by investing primarily in dividend-paying stocks of U.S. companies across all market capitalizations. The fund also employs an options strategy, specifically writing (selling) call options on its equity holdings, which can generate additional premium income. This approach aims to enhance yield while potentially limiting upside participation. The fund's performance is benchmarked against the Russell 1000 Value Index, indicating a value-oriented investment style.