BlackRock Enhanced International Dividend Trust

Frequently Asked Questions About BGY

What does BGY invest in?

The BlackRock Enhanced International Dividend Trust (BGY) is a closed-end equity fund launched by BlackRock, Inc. Its management is a collaborative effort between BlackRock Advisors, LLC and BlackRock International Limited. This trust primarily invests in public stock markets around the world, specifically excluding the United States. It aims to diversify its portfolio by investing in companies across various industry sectors and considering all market capitalizations. A significant aspect of its investment strategy involves using derivatives, with a particular focus on writing options. The fund gauges its performance against the S&P Global ex-U.S. Broad Market Index. It was originally established on May 30, 2007, under its former name, the BlackRock International Growth and Income Trust, and is domiciled in the United States.

What is the expense ratio of BGY?

BlackRock Enhanced International Dividend Trust (BGY) charges an expense ratio of 1.21%. This is the annual fee deducted from fund assets to cover management and operations.

What is BGY's dividend yield?

BGY's trailing-twelve-month yield is 9.29%, calculated from the sum of dividends over the past year divided by the current price.

How big is BGY?

BlackRock Enhanced International Dividend Trust (BGY) manages $560.1M 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 BGY actively managed or an index fund?

BGY is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (BGY's is 1.21%) in exchange for the discretion to over- or under-weight positions.

When was BGY launched?

BlackRock Enhanced International Dividend Trust (BGY) launched in May 2007 and is managed by BlackRock.