BOE

BlackRock Enhanced Global Dividend Trust is a closed-end equity mutual fund that seeks high current income and capital appreciation by investing primarily in dividend-paying equity securities of companies located around the world, including the United States. Managed by BlackRock Advisors, LLC, the fund provides investors with global diversification and exposure to dividend-paying companies across developed and emerging markets. The investment strategy combines dividend capture with total return objectives, focusing on companies with sustainable dividend policies, financial strength, and potential for dividend growth and capital appreciation. The fund's portfolio emphasizes companies with established track records of paying dividends, solid balance sheets, strong cash flow generation, and management teams committed to returning capital to shareholders. The investment team conducts fundamental research across global markets to identify attractive dividend-paying opportunities, considering factors including dividend yield, payout ratios, dividend growth prospects, sector diversification, and geographic exposure. The "enhanced" designation reflects the fund's use of options strategies and other techniques to potentially boost income generation beyond traditional dividend capture. As a closed-end fund, BlackRock Enhanced Global Dividend Trust issues a fixed number of shares that trade on exchanges, often at premiums or discounts to net asset value (NAV). The fund employs leverage through borrowings or derivatives to potentially enhance returns and income, though leverage increases risk. The trust provides monthly distributions to shareholders, combining dividend income, capital gains, and potentially option premium income. The fund serves income-focused investors seeking globally diversified dividend exposure with professional management. The global approach provides broader opportunity set than U.S.-only dividend strategies while introducing currency risk, geopolitical considerations, and varying dividend tax treatments. Performance is influenced by global equity markets, dividend policies of portfolio companies, currency fluctuations, sector allocation, and geographic exposures.