BlackRock Enhanced International Dividend Trust (BGY)

Profile

https://www.blackrock.com/investing/products/240228/blackrock-international-growth-and-income-trust-usd-fund

BlackRock Enhanced International Dividend Trust is a closed-end equity fund designed to provide investors with robust current income and current gains, while also aiming for long-term capital appreciation. The trust primarily invests at least 80% of its assets in dividend-paying equity securities issued by companies outside the United States, with a focus on large-cap firms spanning diverse global sectors. Notably, the trust employs an options overlay strategy, regularly writing covered call and put options on a portion of its portfolio—typically 30% to 45% of assets—to enhance income. The fund’s holdings encompass leading international companies such as Taiwan Semiconductor Manufacturing, Shell, and AstraZeneca, offering broad geographic and sector diversification. Distributed monthly, its high-income approach makes it a notable vehicle for investors seeking international diversification coupled with consistent distributions. The trust has a sizable asset base and is managed by BlackRock’s experienced Global Core Equity team, reflecting both its market significance and professional stewardship in the competitive closed-end fund landscape.