BlackRock Enhanced Equity Dividend Trust
BDJ
Market cap $1.58B

8.72 USD

+0.06

0.69%

At close Jan 21, 4:00 PM EST

1 day

0.69%

5 days

2.59%

1 month

4.93%

3 months

0.00%

6 months

5.70%

Year to date

5.19%

1 year

12.52%

5 years

-10.56%

10 years

8.46%

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 6,823 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

2% less funds holding

Funds holding: 209 [Q2] → 204 (-5) [Q3]

3.22% less ownership

Funds ownership: 22.82% [Q2] → 19.59% (-3.22%) [Q3]

10% less capital invested

Capital invested by funds: $347M [Q2] → $313M (-$34.4M) [Q3]

13% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 23

32% less repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 82

See Fund Rankings

Research analyst outlook

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

See Analyst Rankings

Financial journalist opinion

Based on 3 articles about BDJ published over the past 30 days

Positive

Seeking Alpha

20 hours ago

BDJ: Consistent Performance And More Resilient During Market Downturns

BlackRock Enhanced Equity Dividend Fund offers attractive total returns through consistent income generation and an option strategy, making it ideal for income-focused investors. The fund's portfolio focuses on large-cap companies with dividend growth potential and uses options to enhance income, though this limits price appreciation. BDJ's price resilience in down markets and potential benefits from future interest rate cuts support a continued buy rating.

Neutral

Seeking Alpha

2 weeks ago

BDJ: 9% Income, 8% Discount, And Lower Volatility

The BlackRock Enhanced Equity Dividend Fund is a closed-end fund that invests in the equity of large-cap, dividend-paying stocks, mostly from the Russell-1000 Value index. The number of positions is usually limited to around 100. It also utilizes an options writing strategy on the underlying individual holdings to lower volatility and enhance income. BDJ offers a high-income yield of almost 9% after its recent distribution increase and a moderately high discount of roughly 8%.

Neutral

Business Wire

4 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: Successful Tender Offer And Distribution Increase

BlackRock Enhanced Equity Dividend Fund (BDJ) completed its second tender offer, and it was another successful one for those who participated, thanks to a significant portion being accepted. As they were just wrapping up the tender offers and cash was yet to be distributed, they also announced distribution increases on a number of funds, with BDJ being one. The fund's discount had narrowed with these positive moves, which makes the next tender offer unlikely, though the discount has been widening back out with recent market volatility.

Positive

Seeking Alpha

1 month ago

BDJ: Fairly Priced Near NAV, Making It A Hold

BlackRock Enhanced Equity Dividend Fund offers a high yield, blending dividend-paying stocks and a covered call strategy, making it attractive for income investors. The fund's historical distribution trend is upward but not steep, with a yield on cost of about 7% or higher over the past decade. BDJ's portfolio focuses on established large caps, particularly in financials and health care, ensuring steady income and modest growth.

Neutral

Seeking Alpha

1 month ago

11 Closed-End Fund Buys In The Month Of November 2024

This month, I've added to 11 different positions, but most of these were related to repurchases after the BlackRock tender offers. While I added to 11 different positions, these were all positions I had already held previously, so there were no new positions this month. In fact, I sold out of a fund to consolidate my holdings and reduce the number of funds held, as I did last month as well.

Neutral

Business Wire

1 month ago

Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions

Neutral

Business Wire

2 months ago

Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions

Positive

Seeking Alpha

3 months 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 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

0% more funds holding in top 10

2% less funds holding

3.22% less ownership

10% less capital invested

13% less first-time investments, than exits

32% less repeat investments, than reductions

Research analyst outlook

Financial journalist opinion

BlackRock Enhanced Equity Dividend Trust
BDJ
Market cap $1.58B