BlackRock Enhanced Equity Dividend Trust

Frequently Asked Questions About BDJ

What does BDJ invest in?

The BlackRock Enhanced Equity Dividend Trust, a closed-end investment vehicle headquartered in the United States, was established on August 31, 2005. Originally known as BlackRock Enhanced Dividend Achievers TM Trust, this fund was initiated by BlackRock, Inc. and is actively managed by BlackRock Advisors, LLC. Its core objective is to invest in the U.S. public equity markets, concentrating on dividend-paying stocks from companies across diverse sectors and market capitalizations. Furthermore, the trust incorporates derivatives into its strategy, with a significant focus on option writing. Its investment returns are benchmarked against the Russell 1000 Value Index.

What is the expense ratio of BDJ?

BlackRock Enhanced Equity Dividend Trust (BDJ) charges an expense ratio of 0.88%. This is the annual fee deducted from fund assets to cover management and operations.

What is BDJ's dividend yield?

BDJ's trailing-twelve-month yield is 9.46%, calculated from the sum of dividends over the past year divided by the current price.

How big is BDJ?

BlackRock Enhanced Equity Dividend Trust (BDJ) manages $1.72B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is BDJ actively managed or an index fund?

BDJ is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (BDJ's is 0.88%) in exchange for the discretion to over- or under-weight positions.

When was BDJ launched?

BlackRock Enhanced Equity Dividend Trust (BDJ) launched in August 2005 and is managed by BlackRock / iShares.