BlackRock Enhanced Equity Dividend Trust
BDJ
Market cap $1.58B

8.70 USD

-0.02

0.23%

Updated Oct 22, 10:48 AM EDT

1 day

-0.23%

5 days

0.58%

1 month

1.64%

3 months

5.45%

6 months

8.75%

Year to date

12.40%

1 year

21.68%

5 years

-5.13%

About: BlackRock Enhanced Equity Dividend Trust is a United States closed-end management investment company. Its investment objective is to seek current income and current gains, with a secondary objective of long-term capital appreciation.

Funds holding %

of 6,740 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

37% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 19

3% more funds holding

Funds holding: 202 [Q1] → 209 (+7) [Q2]

3% more repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 62

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

2.47% less ownership

Funds ownership: 22.64% [Q1] → 20.17% (-2.47%) [Q2]

12% less capital invested

Capital invested by funds: $347M [Q1] → $307M (-$40.3M) [Q2]

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for BDJ.

See Analyst Rankings

Financial journalist opinion

Positive

Seeking Alpha

3 weeks ago

BDJ: Positive Outlook With Reliable Distributions

BlackRock Enhanced Equity Dividend Fund (BDJ) offers a solid 7.8% dividend yield and distributions are paid out on a monthly basis. The fund's strategy involves exposure to dividend paying large-cap stocks and implementing some option writing. BDJ is currently trading at an attractive 8.3% discount to NAV, with potential benefits from recent and anticipated interest rate cuts.

Neutral

Business Wire

3 weeks ago

Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions

NEW YORK--(BUSINESS WIRE)---- $BBN--Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), Bla.

Positive

Seeking Alpha

1 month ago

BDJ: Attractive Monthly Distribution, Remains A 'Buy'

BlackRock Enhanced Equity Dividend Fund (BDJ) provides exposure to a value-oriented portfolio while employing a covered call strategy. BDJ's portfolio has been performing better as more value-oriented sectors get some attention with rate cuts expected to be coming soon. The fund offers a 7.81% distribution yield, with a monthly distribution that's been stable or growing since 2014.

Positive

Seeking Alpha

1 month ago

9 Closed-End Fund Buys In The Month Of August 2024

The broader equity market saw declines in early August but ended near all-time highs to finish off the month. I put some capital to work this month at the low, but not as much as I had planned initially, as the market swiftly recovered. Most of the moves this month were corporate action-driven events, primarily the BlackRock tender offers, as we finished up the first measurement period.

Neutral

Business Wire

1 month ago

Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions

Positive

Seeking Alpha

1 month ago

BDJ CEF: Secure High-Yields Without Chasing Yields

The BlackRock Enhanced Equity Dividend Fund leverages factor investing and options strategies to mitigate price volatility while providing substantial income through dividends and option premiums. BDJ's partial hedging and high-quality stock selection aim to balance capital appreciation with risk management, making it attractive in a low-interest-rate environment. Despite risks like negative skewness and excess kurtosis, BDJ's historical performance and respectable fees support its potential for solid income-based returns.

Positive

Seeking Alpha

2 months ago

My Top 10 Closed-End Fund Holdings: August 2024

Closed-end funds overall have seen discounts narrow since the start of the year, but opportunities still exist in certain areas of the market. With increased market volatility more recently, that may lead to discounts widening back out, which could create even more opportunities in this structure. I hold 42 positions in my CEF portfolio, with the top 10 positions making up 37.40% of the portfolio—here's a review of those top 10 names.

Positive

Seeking Alpha

3 months ago

BDJ And SPE: Double Digit Discounts And Monthly Distributions

Investing in closed-end funds offers opportunities to exploit discounts and premiums, potentially leading to increased upside. BlackRock Enhanced Equity Dividend Fund and Special Opportunities Fund are currently trading at large double-digit discounts, and that can make them compelling investment options. Both funds offer monthly distributions to investors as well, which can make it easier to be patient in holding these funds over the long term.

Neutral

Business Wire

4 months ago

Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

NEW YORK--(BUSINESS WIRE)---- $BBN--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Certain BlackRock Funds previously declared their June distributions on May 20, 2024 BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT), BlackRock Capital Allocation Term Trust (NYSE: BCAT), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Science and Technology Term Trust (NYSE: BSTZ), and BlackRock Innovation and Growth Term Trust (NYSE: BIGZ) previous.

Neutral

Business Wire

4 months ago

Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions

See News Rankings

Charts implemented using Lightweight Charts™

BlackRock Enhanced Equity Dividend TrustBDJ Market cap $1.58B

Fund manager confidence

37% more first-time investments, than exits

3% more funds holding

3% more repeat investments, than reductions

0% more funds holding in top 10

2.47% less ownership

12% less capital invested

Research analyst outlook

Financial journalist opinion

BlackRock Enhanced Equity Dividend Trust
BDJ
Market cap $1.58B