BlackRock Enhanced Equity Dividend Trust (BDJ)
NYSE NYSE Primary Summary
BDJ Chart
If The AI Bubble Pops, These 8% CEFs Are Our First Line Of Defense
Investors are scared—and that's setting up a terrific opportunity for us in 8%+ yielding covered-call CEFs.
BDJ: Healthy-Looking Distribution With Value-Oriented Tilt
The BlackRock Enhanced Equity Dividend Fund offers an 8.15% yield, focusing on value stocks in financials and healthcare with a covered call strategy. BDJ trades at a ~6% discount to NAV, right near the 'Buy' target, providing an appealing entry point for income-focused investors. The fund's distribution appears sustainable given the relatively modest distribution rate.
BDJ: A Value-Oriented Fund With 8.4% Yield And Nearly 7% Discount
BlackRock Enhanced Equity Dividend Fund is a closed-end fund that invests in the equity of large-cap, dividend-paying, and value-oriented stocks, mostly from the Russell-1000 Value index. The fund utilises a buy-write strategy (selling call options) on nearly 50% of the portfolio value using the underlying holdings. BDJ's NAV has remained stable over many years, with distributions well covered by income and capital gains.
BlackRock Enhanced Equity Dividend Trust (BDJ) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has BlackRock Enhanced Equity Dividend Trust ever had a stock split?
BlackRock Enhanced Equity Dividend Trust Profile
| Capital Markets Industry | Financials Sector | Charles Choon Sik Park CEO | NYSE Exchange | 09251A104 CUSIP |
| US Country | - Employees | 14 Nov 2025 Last Dividend | - Last Split | - IPO Date |
Overview
BlackRock Enhanced Equity Dividend Trust, established on August 31, 2005, and domiciled in the United States, operates as a closed-ended equity mutual fund initiated by BlackRock, Inc. The fund is meticulously managed by BlackRock Advisors, LLC., focusing on investing in the public equity markets of the United States. Seeking to invest in dividend-paying stocks across a broad spectrum of sectors, the fund caters to investors looking to diversify their portfolios. Furthermore, it aims to invest in companies of all market capitalizations, not restricting itself to a particular size, thereby broadening its investment horizon. Previously known as BlackRock Enhanced Dividend Achievers TM Trust, the fund has strategically shifted its focus to enhance the dividend income of its stakeholders. This pivot reflects in its comprehensive investment strategies and the choice of benchmarking its performance against the Russell 1000 Value Index, underscoring its commitment to value investing.
Products and Services
The BlackRock Enhanced Equity Dividend Trust offers diversified investment products and strategies centered around equity and derivatives. Here are the primary vehicles through which it seeks to generate value for its investors:
- Dividend Paying Stocks: The backbone of the fund’s investment strategy is in equities that offer dividends. By investing in a wide range of sectors, the trust aims to provide consistent dividend income to its investors, leveraging the strength and stability of established companies that reward shareholders with regular dividend payouts.
- Derivative Investments: Beyond traditional equity investments, the fund employs derivative strategies, notably option writing, to enhance its income and mitigate risk. This approach provides additional income streams and opportunities for capital appreciation, while also allowing for strategic hedging against market volatility.
Contact Information
