March 31, 2026 
2026 Quarterly Report
(Unaudited)
 
BlackRock Enhanced Equity Dividend Trust (BDJ)
 
Not FDIC Insured • May Lose Value • No Bank Guarantee
Consolidated Schedule of Investments (unaudited)
March 31, 2026
BlackRock Enhanced Equity Dividend Trust (BDJ)
(Percentages shown are based on Net Assets)
 
Security
 
 
Shares
Value
Common Stocks
Aerospace & Defense — 3.9%
Airbus SE
 
32,124
$ 6,073,776
Boeing Co.(a)
 
123,312
24,542,787
L3Harris Technologies, Inc.(b)
 
41,103
14,186,700
Lockheed Martin Corp.
 
23,620
14,275,692
RTX Corp.
 
24,445
4,715,441
 
 
63,794,396
Air Freight & Logistics — 1.8%
FedEx Corp.
 
83,507
29,743,523
Automobiles — 0.5%
General Motors Co.(b)
 
114,858
8,556,921
Banks — 9.8%
Bank of America Corp.
 
309,331
15,079,886
Citigroup, Inc.(b)
 
420,705
47,712,154
Citizens Financial Group, Inc.
 
147,850
8,866,565
First Citizens BancShares, Inc., Class A(b)
 
13,682
25,785,918
JPMorgan Chase & Co.(b)
 
62,662
18,432,654
Wells Fargo & Co.(b)
 
581,213
46,270,367
 
 
162,147,544
Beverages — 1.5%
Keurig Dr. Pepper, Inc.
 
600,902
15,821,749
PepsiCo, Inc.
 
56,661
8,798,887
 
 
24,620,636
Broadline Retail — 2.4%
Amazon.com, Inc.(a)(b)(c)
 
191,340
39,850,382
Building Products — 0.6%
Fortune Brands Innovations, Inc.
 
259,902
10,128,381
Capital Markets — 4.7%
Carlyle Group, Inc.
 
175,503
8,492,590
Charles Schwab Corp.
 
266,913
25,084,484
Intercontinental Exchange, Inc.(b)
 
278,169
43,750,420
 
 
77,327,494
Chemicals — 2.9%
Air Products and Chemicals, Inc.(b)
 
59,447
17,268,759
International Flavors & Fragrances, Inc.
 
168,010
12,189,126
PPG Industries, Inc.
 
177,624
18,984,453
 
 
48,442,338
Commercial Services & Supplies — 1.5%
Rentokil Initial PLC
 
4,041,011
25,078,214
Communications Equipment — 0.5%
Cisco Systems, Inc.
 
114,076
8,851,157
Consumer Finance — 0.6%
Capital One Financial Corp.
 
52,630
9,601,291
Consumer Staples Distribution & Retail — 1.8%
Dollar General Corp.
 
255,888
30,381,582
Containers & Packaging — 1.0%
Crown Holdings, Inc.
 
171,825
17,225,456
Diversified Telecommunication Services — 1.8%
Comcast Corp., Class A
 
582,254
16,716,513
Verizon Communications, Inc.
 
245,556
12,326,911
 
 
29,043,424
Security
 
 
Shares
Value
Electric Utilities — 1.8%
American Electric Power Co., Inc.
 
71,620
$ 9,387,949
Evergy, Inc.(c)
 
247,265
20,255,949
 
 
29,643,898
Electronic Equipment, Instruments & Components — 1.2%
CDW Corp./DE
 
163,507
19,787,617
Entertainment — 1.5%
Walt Disney Co.
 
266,115
25,648,164
Financial Services — 2.6%
AP Arsenal Co-Invest LP(a)(d)
 
15,854,704
16,647,440
Fidelity National Information Services, Inc.
 
575,095
26,977,706
 
 
43,625,146
Ground Transportation — 0.8%
CSX Corp.
 
172,920
7,098,366
Union Pacific Corp.
 
24,810
6,019,402
 
 
13,117,768
Health Care Equipment & Supplies — 5.1%
Baxter International, Inc.(b)(c)
 
1,812,133
30,443,834
Becton Dickinson & Co.
 
156,379
24,587,470
Medtronic PLC
 
343,166
29,735,334
 
 
84,766,638
Health Care Providers & Services(b) — 5.2%
Cardinal Health, Inc.
 
145,979
30,846,822
CVS Health Corp.
 
492,190
35,349,086
Elevance Health, Inc.
 
65,602
19,204,986
 
 
85,400,894
Health Care REITs — 0.5%
Healthcare Realty Trust, Inc.
 
517,339
8,789,590
Industrial Conglomerates — 0.8%
Honeywell International, Inc.
 
58,914
13,316,331
Industrial REITs — 1.2%
Rexford Industrial Realty, Inc.
 
380,190
12,443,619
STAG Industrial, Inc.
 
204,689
7,381,085
 
 
19,824,704
Insurance — 2.4%
American International Group, Inc.
 
152,204
11,453,351
Arthur J Gallagher & Co.
 
69,930
15,145,440
Fidelity National Financial, Inc., Class A
 
288,669
13,388,468
 
 
39,987,259
Interactive Media & Services — 4.2%
Alphabet, Inc., Class C(b)
 
120,520
34,572,368
Meta Platforms, Inc., Class A
 
59,701
34,156,733
 
 
68,729,101
Leisure Products — 1.3%
Hasbro, Inc.
 
226,441
21,194,878
Life Sciences Tools & Services — 0.0%
Waters Corp.(a)(c)
 
250
74,450
Machinery — 1.0%
CNH Industrial NV
 
615,206
6,767,266
Fortive Corp.
 
178,267
9,854,600
 
 
16,621,866
Media — 0.2%
WPP PLC
 
1,051,313
3,287,951
2
Consolidated Schedule of Investments (unaudited)(continued)
March 31, 2026
BlackRock Enhanced Equity Dividend Trust (BDJ)
(Percentages shown are based on Net Assets)
Security
 
 
Shares
Value
Metals & Mining — 0.9%
Barrick Mining Corp.
 
166,150
$ 6,777,259
Freeport-McMoRan, Inc.
 
139,898
8,223,204
 
 
15,000,463
Multi-Utilities — 2.9%
Dominion Energy, Inc.
 
384,906
23,794,889
DTE Energy Co.
 
169,438
24,775,224
 
 
48,570,113
Oil, Gas & Consumable Fuels — 7.3%
BP PLC
 
5,136,134
40,199,515
Chevron Corp.
 
102,840
21,277,596
Enterprise Products Partners LP(b)
 
368,255
13,934,769
EQT Corp.
 
284,860
18,128,490
Formentera Partners Fund II LP(a)(d)
 
16,697,331
15,528,518
Marathon Petroleum Corp.
 
47,525
11,604,655
 
 
120,673,543
Pharmaceuticals — 3.3%
AstraZeneca PLC
 
36,036
7,046,478
Johnson & Johnson
 
37,646
9,202,188
Merck & Co., Inc.
 
252,982
30,431,205
Sanofi SA
 
80,033
7,728,768
 
 
54,408,639
Professional Services — 0.8%
SS&C Technologies Holdings, Inc.(b)(c)
 
193,673
13,086,485
Residential REITs — 0.6%
AvalonBay Communities, Inc.
 
63,725
10,409,479
Semiconductors & Semiconductor Equipment — 2.8%
Intel Corp.(a)
 
111,050
4,900,637
Taiwan Semiconductor Manufacturing Co. Ltd., ADR
 
41,252
13,941,113
Texas Instruments, Inc.
 
140,345
27,246,578
 
 
46,088,328
Software — 2.7%
Microsoft Corp.(b)(c)
 
122,675
45,410,605
Specialized REITs — 0.8%
Crown Castle, Inc.(b)(c)
 
152,908
12,432,949
Specialty Retail — 1.6%
Home Depot, Inc.(b)(c)
 
82,607
27,168,616
Technology Hardware, Storage & Peripherals — 5.7%
Hewlett Packard Enterprise Co.(c)
 
859,813
20,472,148
Samsung Electronics Co. Ltd., GDR
 
16,091
46,530,055
Western Digital Corp.
 
98,951
26,765,256
 
 
93,767,459
Security
 
 
Shares
Value
Tobacco — 2.3%
British American Tobacco PLC, ADR
 
649,353
$ 37,967,670
Trading Companies & Distributors — 2.1%
WESCO International, Inc.(b)(c)
 
124,964
34,192,650
Total Common Stocks — 98.9%
(Cost: $1,320,388,884)
1,637,785,993
Preferred Securities
Preferred Stocks — 0.9%
Household Products — 0.9%
Henkel AG & Co. KGaA
 
202,219
15,621,246
 
15,621,246
Total Preferred Securities — 0.9%
(Cost: $16,706,922)
15,621,246
Total Long-Term Investments — 99.8%
(Cost: $1,337,095,806)
1,653,407,239
Short-Term Securities
Money Market Funds — 1.1%
BlackRock Liquidity Funds, T-Fund, Institutional
Shares, 3.55%(e)(f)
 
17,871,564
17,871,564
Total Short-Term Securities — 1.1%
(Cost: $17,871,564)
17,871,564
Total Investments Before Options Written — 100.9%
(Cost: $1,354,967,370)
1,671,278,803
Options Written — (1.0)%
(Premiums Received: $(23,153,678))
(16,289,054
)
Total Investments, Net of Options Written — 99.9%
(Cost: $1,331,813,692)
1,654,989,749
Other Assets Less Liabilities — 0.1%
861,370
Net Assets — 100.0%
$ 1,655,851,119
 
(a)
Non-income producing security.
(b)
All or a portion of the security has been pledged and/or segregated as collateral in
connection with outstanding exchange-traded options written.
(c)
All or a portion of the security has been pledged as collateral in connection with
outstanding OTC derivatives.
(d)
Security is valued using significant unobservable inputs and is classified as Level 3 in the
fair value hierarchy.
(e)
Affiliate of the Trust.
(f)
Annualized 7-day yield as of period end.
For purposes of this report, industry and sector sub-classifications may differ from those utilized by the Trust for compliance purposes.
Consolidated Schedule of Investments
3
Consolidated Schedule of Investments (unaudited)(continued)
March 31, 2026
BlackRock Enhanced Equity Dividend Trust (BDJ)
 
Affiliates
Investments in issuers considered to be affiliate(s) of the Trust during the period ended March 31, 2026 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows: 
Affiliated Issuer
Value at
12/31/25
Purchases
at Cost
Proceeds
from Sales
Net
Realized
Gain (Loss)
Change in
Unrealized
Appreciation
(Depreciation)
Value at
03/31/26
Shares
Held at
03/31/26
Income
Capital Gain
Distributions
from
Underlying
Funds
BlackRock Cash Funds: Institutional, SL Agency
Shares(a)
$ 2,126,170
$ —
$ (2,126,170
)(b)
$ —
$ —
$ —
—
$ 324
(c)
$ —
BlackRock Liquidity Funds, T-Fund, Institutional
Shares
40,055,693
—
(22,184,129
)(b)
—
—
17,871,564
17,871,564
174,532
—
 
$ —
$ —
$ 17,871,564
$ 174,856
$ —
 
(a)
As of period end, the entity is no longer held.
(b)
Represents net amount purchased (sold).
(c)
All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of collateral investment fees, and other payments to and
from borrowers of securities.
Derivative Financial Instruments Outstanding as of Period End
Exchange-Traded Options Written 
Description
Number of
Contracts
Expiration
Date
Exercise Price
Notional
Amount (000)
Value
Call 
 
 
Amazon.com, Inc.
226
04/02/26
USD
215.00
USD
4,707
$ (7,571
)
Bank of America Corp.
309
04/02/26
USD
53.00
USD
1,506
(309
)
Barrick Mining Corp.
334
04/02/26
USD
51.00
USD
1,362
(2,672
)
Cardinal Health, Inc.
66
04/02/26
USD
230.00
USD
1,395
(5,610
)
Charles Schwab Corp.
211
04/02/26
USD
100.00
USD
1,983
(5,275
)
Chevron Corp.
215
04/02/26
USD
190.00
USD
4,448
(363,350
)
Citigroup, Inc.
565
04/02/26
USD
118.00
USD
6,408
(8,758
)
Comcast Corp., Class A
524
04/02/26
USD
32.00
USD
1,504
(1,572
)
Dollar General Corp.
597
04/02/26
USD
167.50
USD
7,088
(31,641
)
FedEx Corp.
97
04/02/26
USD
400.00
USD
3,455
(1,164
)
Fidelity National Information Services, Inc.
1,319
04/02/26
USD
51.00
USD
6,187
(19,785
)
Healthcare Realty Trust, Inc.
942
04/02/26
USD
18.31
USD
1,600
(1
)
Home Depot, Inc.
73
04/02/26
USD
405.00
USD
2,401
(15,549
)
Honeywell International, Inc.
101
04/02/26
USD
245.00
USD
2,283
(1,010
)
Intel Corp.
99
04/02/26
USD
50.00
USD
437
(248
)
JPMorgan Chase & Co.
108
04/02/26
USD
325.00
USD
3,177
(108
)
L3Harris Technologies, Inc.
66
04/02/26
USD
390.00
USD
2,278
(660
)
Lockheed Martin Corp.
48
04/02/26
USD
665.00
USD
2,901
(4,080
)
Medtronic PLC
520
04/02/26
USD
99.00
USD
4,506
(37,440
)
Medtronic PLC
114
04/02/26
USD
100.00
USD
988
(24,282
)
Merck & Co., Inc.
488
04/02/26
USD
128.00
USD
5,870
(27,816
)
Meta Platforms, Inc., Class A
130
04/02/26
USD
670.00
USD
7,438
(260
)
Taiwan Semiconductor Manufacturing Co. Ltd., ADR
75
04/02/26
USD
380.00
USD
2,535
(338
)
Texas Instruments, Inc.
319
04/02/26
USD
225.00
USD
6,193
(6,380
)
Union Pacific Corp.
69
04/02/26
USD
270.00
USD
1,674
(14,835
)
Verizon Communications, Inc.
704
04/02/26
USD
51.00
USD
3,534
(7,744
)
Walt Disney Co.
255
04/02/26
USD
112.00
USD
2,458
(510
)
Wells Fargo & Co.
565
04/02/26
USD
92.00
USD
4,498
(3,390
)
Western Digital Corp.
271
04/02/26
USD
330.00
USD
7,330
(1,355
)
Hasbro, Inc.
456
04/09/26
USD
111.50
USD
4,268
(196
)
Alphabet, Inc., Class C
308
04/10/26
USD
320.00
USD
8,835
(2,618
)
Baxter International, Inc.
1,587
04/10/26
USD
21.00
USD
2,666
(63,480
)
Boeing Co.
91
04/10/26
USD
245.00
USD
1,811
(455
)
Boeing Co.
96
04/10/26
USD
240.00
USD
1,911
(1,152
)
Cardinal Health, Inc.
251
04/10/26
USD
225.00
USD
5,304
(26,355
)
Charles Schwab Corp.
449
04/10/26
USD
97.00
USD
4,220
(28,961
)
Citigroup, Inc.
565
04/10/26
USD
115.00
USD
6,408
(128,820
)
Comcast Corp., Class A
525
04/10/26
USD
32.00
USD
1,507
(4,200
)
4
Consolidated Schedule of Investments (unaudited)(continued)
March 31, 2026
BlackRock Enhanced Equity Dividend Trust (BDJ)
 
Exchange-Traded Options Written (continued)
Description
Number of
Contracts
Expiration
Date
Exercise Price
Notional
Amount (000)
Value
Call (continued)
 
 
CVS Health Corp.
1,022
04/10/26
USD
84.00
USD
7,340
$ (21,462
)
Enterprise Products Partners LP
937
04/10/26
USD
38.00
USD
3,546
(43,570
)
FedEx Corp.
96
04/10/26
USD
390.00
USD
3,419
(5,472
)
Intel Corp.
152
04/10/26
USD
52.00
USD
671
(1,672
)
JPMorgan Chase & Co.
110
04/10/26
USD
310.00
USD
3,236
(7,425
)
Lockheed Martin Corp.
56
04/10/26
USD
650.00
USD
3,385
(9,940
)
Medtronic PLC
114
04/10/26
USD
100.00
USD
988
(6,498
)
Meta Platforms, Inc., Class A
101
04/10/26
USD
680.00
USD
5,779
(1,515
)
Microsoft Corp.
218
04/10/26
USD
415.00
USD
8,070
(1,199
)
PepsiCo, Inc.
158
04/10/26
USD
172.50
USD
2,454
(21,962
)
Taiwan Semiconductor Manufacturing Co. Ltd., ADR
74
04/10/26
USD
365.00
USD
2,501
(13,357
)
Texas Instruments, Inc.
328
04/10/26
USD
215.00
USD
6,368
(4,756
)
Union Pacific Corp.
67
04/10/26
USD
270.00
USD
1,626
(14,740
)
Wells Fargo & Co.
396
04/10/26
USD
90.00
USD
3,153
(792
)
Western Digital Corp.
167
04/10/26
USD
320.00
USD
4,517
(23,297
)
Dominion Energy, Inc.
606
04/14/26
USD
63.39
USD
3,746
(29,490
)
Air Products and Chemicals, Inc.
332
04/17/26
USD
290.00
USD
9,644
(207,500
)
Alphabet, Inc., Class C
354
04/17/26
USD
295.00
USD
10,155
(146,910
)
Amazon.com, Inc.
273
04/17/26
USD
225.00
USD
5,686
(23,342
)
American Electric Power Co., Inc.
196
04/17/26
USD
135.00
USD
2,569
(24,010
)
American International Group, Inc.
115
04/17/26
USD
80.00
USD
865
(4,025
)
Arthur J Gallagher & Co.
93
04/17/26
USD
230.00
USD
2,014
(19,763
)
AvalonBay Communities, Inc.
124
04/17/26
USD
185.00
USD
2,026
(9,300
)
Bank of America Corp.
751
04/17/26
USD
50.50
USD
3,661
(61,957
)
Barrick Mining Corp.
232
04/17/26
USD
50.00
USD
946
(2,552
)
Baxter International, Inc.
1,493
04/17/26
USD
20.00
USD
2,508
(14,930
)
Becton Dickinson & Co.
296
04/17/26
USD
185.00
USD
4,654
(25,160
)
Boeing Co.
194
04/17/26
USD
240.00
USD
3,861
(1,746
)
British American Tobacco PLC, ADR
563
04/17/26
USD
60.00
USD
3,292
(39,410
)
British American Tobacco PLC, ADR
776
04/17/26
USD
65.00
USD
4,537
(5,820
)
Cardinal Health, Inc.
197
04/17/26
USD
230.00
USD
4,163
(8,373
)
Carlyle Group, Inc.
480
04/17/26
USD
60.00
USD
2,323
(9,600
)
Carlyle Group, Inc.
485
04/17/26
USD
50.00
USD
2,347
(64,262
)
CDW Corp.
206
04/17/26
USD
135.00
USD
2,493
(15,450
)
CDW Corp.
226
04/17/26
USD
130.00
USD
2,735
(32,205
)
Charles Schwab Corp.
146
04/17/26
USD
100.00
USD
1,372
(12,702
)
Chevron Corp.
215
04/17/26
USD
185.00
USD
4,448
(483,750
)
Citigroup, Inc.
592
04/17/26
USD
119.00
USD
6,714
(119,288
)
Citizens Financial Group, Inc.
406
04/17/26
USD
62.50
USD
2,435
(40,600
)
CNH Industrial NV
70
04/17/26
USD
13.42
USD
3,562
(10
)
CNH Industrial NV
1,195
04/17/26
USD
12.50
USD
1,315
(5,975
)
Crown Holdings, Inc.
200
04/17/26
USD
115.00
USD
2,005
(22,000
)
CSX Corp.
506
04/17/26
USD
41.00
USD
2,077
(63,250
)
Dominion Energy, Inc.
504
04/17/26
USD
65.00
USD
3,116
(11,340
)
Elevance Health, Inc.
128
04/17/26
USD
370.00
USD
3,747
(61,440
)
Enterprise Products Partners LP
937
04/17/26
USD
38.00
USD
3,546
(59,499
)
EQT Corp.
783
04/17/26
USD
67.50
USD
4,983
(65,772
)
Fidelity National Financial, Inc., Class A
768
04/17/26
USD
55.07
USD
77
(2,228
)
First Citizens BancShares, Inc., Class A
36
04/17/26
USD
2,150.00
USD
6,785
(50,040
)
Fortive Corp.
236
04/17/26
USD
60.00
USD
1,305
(22,420
)
Fortune Brands Innovations, Inc.
388
04/17/26
USD
62.57
USD
1,512
(2
)
Hasbro, Inc.
152
04/17/26
USD
105.00
USD
1,423
(11,400
)
Healthcare Realty Trust, Inc.
942
04/17/26
USD
18.31
USD
1,600
(5,741
)
Hewlett Packard Enterprise Co.
1,063
04/17/26
USD
23.00
USD
2,531
(158,387
)
Home Depot, Inc.
128
04/17/26
USD
390.00
USD
4,210
(1,792
)
Honeywell International, Inc.
111
04/17/26
USD
230.00
USD
2,509
(38,850
)
Intel Corp.
103
04/17/26
USD
50.00
USD
455
(5,717
)
Intercontinental Exchange, Inc.
122
04/17/26
USD
165.00
USD
1,919
(12,505
)
Intercontinental Exchange, Inc.
703
04/17/26
USD
163.00
USD
11,057
(123,910
)
International Flavors & Fragrances, Inc.
454
04/17/26
USD
72.50
USD
3,294
(103,285
)
Keurig Dr. Pepper, Inc.
1,200
04/17/26
USD
29.00
USD
3,160
(9,000
)
Lockheed Martin Corp.
49
04/17/26
USD
655.00
USD
2,962
(18,988
)
Consolidated Schedule of Investments
5
Consolidated Schedule of Investments (unaudited)(continued)
March 31, 2026
BlackRock Enhanced Equity Dividend Trust (BDJ)
 
Exchange-Traded Options Written (continued)
Description
Number of
Contracts
Expiration
Date
Exercise Price
Notional
Amount (000)
Value
Call (continued)
 
 
Marathon Petroleum Corp.
130
04/17/26
USD
250.00
USD
3,174
$ (76,700
)
Medtronic PLC
467
04/17/26
USD
105.00
USD
4,047
(2,335
)
Medtronic PLC
233
04/17/26
USD
90.00
USD
2,019
(11,883
)
Merck & Co., Inc.
187
04/17/26
USD
120.00
USD
2,249
(61,242
)
Meta Platforms, Inc., Class A
48
04/17/26
USD
630.00
USD
2,746
(11,328
)
Meta Platforms, Inc., Class A
49
04/17/26
USD
585.00
USD
2,803
(65,415
)
Microsoft Corp.
79
04/17/26
USD
425.00
USD
2,924
(1,185
)
PepsiCo, Inc.
153
04/17/26
USD
165.00
USD
2,376
(17,978
)
PPG Industries, Inc.
531
04/17/26
USD
125.00
USD
5,675
(21,240
)
SS&C Technologies Holdings, Inc.
684
04/17/26
USD
80.00
USD
4,622
(51,300
)
STAG Industrial, Inc.
693
04/17/26
USD
40.00
USD
2,499
(6,930
)
Verizon Communications, Inc.
646
04/17/26
USD
52.50
USD
3,243
(9,044
)
Walt Disney Co.
255
04/17/26
USD
115.00
USD
2,458
(893
)
Hasbro, Inc.
492
04/22/26
USD
97.00
USD
4,605
(74,039
)
Amazon.com, Inc.
273
04/24/26
USD
215.00
USD
5,686
(120,802
)
American International Group, Inc.
220
04/24/26
USD
77.00
USD
1,656
(33,550
)
Bank of America Corp.
641
04/24/26
USD
50.00
USD
3,125
(77,881
)
Barrick Mining Corp.
513
04/24/26
USD
43.00
USD
2,093
(67,972
)
Baxter International, Inc.
4,168
04/24/26
USD
18.00
USD
7,002
(135,460
)
Capital One Financial Corp.
289
04/24/26
USD
190.00
USD
5,272
(157,505
)
Cardinal Health, Inc.
288
04/24/26
USD
220.00
USD
6,086
(87,120
)
Charles Schwab Corp.
662
04/24/26
USD
99.00
USD
6,221
(96,983
)
Chevron Corp.
135
04/24/26
USD
205.00
USD
2,793
(104,625
)
Cisco Systems, Inc.
627
04/24/26
USD
82.00
USD
4,865
(44,517
)
Citigroup, Inc.
591
04/24/26
USD
115.00
USD
6,703
(251,175
)
Comcast Corp., Class A
1,042
04/24/26
USD
31.00
USD
2,992
(26,050
)
CSX Corp.
445
04/24/26
USD
40.00
USD
1,827
(95,675
)
CVS Health Corp.
471
04/24/26
USD
83.00
USD
3,383
(15,543
)
Dollar General Corp.
320
04/24/26
USD
130.00
USD
3,799
(26,080
)
FedEx Corp.
73
04/24/26
USD
385.00
USD
2,600
(21,754
)
Fidelity National Information Services, Inc.
1,844
04/24/26
USD
51.00
USD
8,650
(147,520
)
Freeport-McMoRan, Inc.
384
04/24/26
USD
59.00
USD
2,257
(127,680
)
General Motors Co.
507
04/24/26
USD
78.00
USD
3,777
(82,894
)
Honeywell International, Inc.
112
04/24/26
USD
235.00
USD
2,532
(38,640
)
JPMorgan Chase & Co.
126
04/24/26
USD
305.00
USD
3,706
(61,425
)
L3Harris Technologies, Inc.
160
04/24/26
USD
370.00
USD
5,522
(64,800
)
Medtronic PLC
206
04/24/26
USD
89.00
USD
1,785
(22,557
)
Merck & Co., Inc.
716
04/24/26
USD
119.00
USD
8,613
(332,940
)
Microsoft Corp.
214
04/24/26
USD
395.00
USD
7,922
(57,138
)
PPG Industries, Inc.
445
04/24/26
USD
105.00
USD
4,756
(235,850
)
Taiwan Semiconductor Manufacturing Co. Ltd., ADR
77
04/24/26
USD
365.00
USD
2,602
(54,670
)
Walt Disney Co.
344
04/24/26
USD
105.00
USD
3,315
(11,524
)
Wells Fargo & Co.
1,138
04/24/26
USD
83.00
USD
9,060
(215,082
)
Western Digital Corp.
106
04/24/26
USD
355.00
USD
2,867
(35,563
)
DTE Energy Co.
471
04/29/26
USD
150.93
USD
6,887
(89,247
)
Boeing Co.
148
05/01/26
USD
210.00
USD
2,946
(79,550
)
Comcast Corp., Class A
1,111
05/01/26
USD
30.00
USD
3,190
(71,104
)
CVS Health Corp.
470
05/01/26
USD
75.00
USD
3,376
(90,945
)
Dollar General Corp.
490
05/01/26
USD
126.00
USD
5,818
(95,550
)
FedEx Corp.
193
05/01/26
USD
380.00
USD
6,874
(104,702
)
Hewlett Packard Enterprise Co.
2,376
05/01/26
USD
27.00
USD
5,657
(87,912
)
Home Depot, Inc.
253
05/01/26
USD
345.00
USD
8,321
(125,867
)
Intel Corp.
104
05/01/26
USD
53.00
USD
459
(9,412
)
Johnson & Johnson
103
05/01/26
USD
250.00
USD
2,518
(52,272
)
Medtronic PLC
233
05/01/26
USD
89.00
USD
2,019
(32,737
)
RTX Corp.
134
05/01/26
USD
205.00
USD
2,585
(53,265
)
Texas Instruments, Inc.
124
05/01/26
USD
205.00
USD
2,407
(62,930
)
Walt Disney Co.
344
05/01/26
USD
105.00
USD
3,315
(20,468
)
Wells Fargo & Co.
378
05/01/26
USD
81.00
USD
3,009
(116,046
)
British American Tobacco PLC, ADR
1,056
05/07/26
USD
60.05
USD
6,174
(140,251
)
General Motors Co.
124
05/08/26
USD
78.00
USD
924
(34,534
)
Microsoft Corp.
163
05/08/26
USD
390.00
USD
6,034
(151,182
)
6
Consolidated Schedule of Investments (unaudited)(continued)
March 31, 2026
BlackRock Enhanced Equity Dividend Trust (BDJ)
 
Exchange-Traded Options Written (continued)
Description
Number of
Contracts
Expiration
Date
Exercise Price
Notional
Amount (000)
Value
Call (continued)
 
 
American Electric Power Co., Inc.
196
05/15/26
USD
135.00
USD
2,569
$ (61,250
)
American International Group, Inc.
502
05/15/26
USD
80.00
USD
3,778
(71,535
)
Arthur J Gallagher & Co.
291
05/15/26
USD
230.00
USD
6,302
(192,060
)
AvalonBay Communities, Inc.
226
05/15/26
USD
170.00
USD
3,692
(71,755
)
Becton Dickinson & Co.
428
05/15/26
USD
170.00
USD
6,729
(121,980
)
Boeing Co.
149
05/15/26
USD
210.00
USD
2,966
(105,417
)
British American Tobacco PLC, ADR
1,176
05/15/26
USD
61.51
USD
6,876
(127,197
)
CDW Corp.
467
05/15/26
USD
130.00
USD
5,652
(198,475
)
CNH Industrial NV
1,195
05/15/26
USD
10.42
USD
1,315
(177,720
)
Crown Holdings, Inc.
745
05/15/26
USD
107.01
USD
7,469
(110,868
)
CVS Health Corp.
744
05/15/26
USD
82.50
USD
5,343
(118,668
)
Dominion Energy, Inc.
489
05/15/26
USD
62.50
USD
3,023
(90,465
)
DTE Energy Co.
471
05/15/26
USD
150.93
USD
6,887
(130,187
)
Elevance Health, Inc.
134
05/15/26
USD
320.00
USD
3,923
(111,220
)
EQT Corp.
783
05/15/26
USD
67.51
USD
4,983
(177,191
)
Evergy, Inc.
369
05/15/26
USD
82.50
USD
3,023
(84,870
)
First Citizens BancShares, Inc., Class A
39
05/15/26
USD
1,950.00
USD
7,350
(293,280
)
Fortive Corp.
744
05/15/26
USD
57.25
USD
4,113
(165,171
)
Hasbro, Inc.
145
05/15/26
USD
100.00
USD
1,357
(34,075
)
Healthcare Realty Trust, Inc.
961
05/15/26
USD
18.32
USD
1,633
(52,973
)
Intel Corp.
152
05/15/26
USD
55.00
USD
671
(16,264
)
Intercontinental Exchange, Inc.
703
05/15/26
USD
163.00
USD
11,057
(279,452
)
Johnson & Johnson
104
05/15/26
USD
260.00
USD
2,542
(32,136
)
Keurig Dr. Pepper, Inc.
1,200
05/15/26
USD
29.01
USD
3,160
(29,094
)
Marathon Petroleum Corp.
130
05/15/26
USD
260.00
USD
3,174
(108,550
)
SS&C Technologies Holdings, Inc.
381
05/15/26
USD
76.35
USD
2,574
(31,153
)
Walt Disney Co.
264
05/15/26
USD
100.00
USD
2,544
(86,460
)
Wells Fargo & Co.
719
05/15/26
USD
85.00
USD
5,724
(134,812
)
WESCO International, Inc.
181
05/15/26
USD
300.00
USD
4,953
(190,955
)
 
 
 
$ (11,368,997
)
OTC Options Written 
Description
Counterparty
Number of
Contracts
Expiration
Date
Exercise Price
Notional
Amount (000)
Value
Call 
 
 
 
 
 
Crown Castle, Inc.
JPMorgan Chase Bank N.A.
41,400
04/08/26
USD
92.37
USD
3,366
$ (21,018
)
International Flavors & Fragrances, Inc.
Goldman Sachs International
47,000
04/08/26
USD
84.49
USD
3,410
(15,759
)
Citizens Financial Group, Inc.
JPMorgan Chase Bank N.A.
40,700
04/09/26
USD
63.62
USD
2,441
(12,583
)
Evergy, Inc.
Morgan Stanley & Co. International PLC
18,800
04/14/26
USD
84.45
USD
1,540
(11,301
)
BP PLC
Goldman Sachs International
1,619,300
04/16/26
GBP
5.13
GBP
9,575
(2,025,510
)
Rentokil Initial PLC
Citibank N.A.
191,900
04/16/26
GBP
4.41
GBP
900
(71,435
)
Henkel AG & Co. KGaA, Preference Shares
Goldman Sachs International
32,500
04/22/26
EUR
77.59
EUR
2,172
(881
)
Rentokil Initial PLC
JPMorgan Chase Bank N.A.
274,600
04/22/26
GBP
4.95
GBP
1,288
(20,212
)
Crown Castle, Inc.
Barclays Bank PLC
42,600
04/23/26
USD
94.02
USD
3,464
(12,112
)
STAG Industrial, Inc.
Goldman Sachs International
44,700
04/23/26
USD
38.78
USD
1,612
(5,701
)
Rexford Industrial Realty, Inc.
BNP Paribas SA
104,550
04/27/26
USD
34.38
USD
3,422
(53,450
)
Amazon.com, Inc.
Barclays Bank PLC
28,000
04/28/26
USD
221.81
USD
5,832
(134,195
)
Becton Dickinson & Co.
Barclays Bank PLC
13,600
04/28/26
USD
171.10
USD
2,138
(15,971
)
Dominion Energy, Inc.
UBS AG
51,700
04/28/26
USD
63.59
USD
3,196
(43,619
)
Evergy, Inc.
Morgan Stanley & Co. International PLC
40,100
04/28/26
USD
83.22
USD
3,285
(58,422
)
Rentokil Initial PLC
Goldman Sachs International
615,400
04/28/26
GBP
4.78
GBP
2,885
(101,207
)
WESCO International, Inc.
Citibank N.A.
31,800
04/28/26
USD
291.83
USD
8,701
(284,239
)
Airbus SE
UBS AG
8,900
04/29/26
EUR
180.93
EUR
1,456
(9,721
)
AstraZeneca PLC
Barclays Bank PLC
10,000
04/29/26
GBP
148.67
GBP
1,477
(49,771
)
Rentokil Initial PLC
Morgan Stanley & Co. International PLC
544,900
04/29/26
GBP
5.09
GBP
2,555
(35,766
)
Sanofi SA
Bank of America N.A.
44,100
04/29/26
EUR
80.02
EUR
3,684
(228,601
)
Airbus SE
UBS AG
8,800
05/06/26
EUR
185.48
EUR
1,439
(9,814
)
AstraZeneca PLC
UBS AG
9,900
05/06/26
GBP
155.87
GBP
1,463
(23,585
)
BP PLC
Goldman Sachs International
734,700
05/06/26
GBP
5.21
GBP
4,345
(882,614
)
Consolidated Schedule of Investments
7
Consolidated Schedule of Investments (unaudited)(continued)
March 31, 2026
BlackRock Enhanced Equity Dividend Trust (BDJ)
 
OTC Options Written (continued)
Description
Counterparty
Number of
Contracts
Expiration
Date
Exercise Price
Notional
Amount (000)
Value
Call (continued)
 
 
 
 
 
Evergy, Inc.
Morgan Stanley & Co. International PLC
40,100
05/06/26
USD
84.04
USD
3,285
$ (64,154
)
Fidelity National Financial, Inc., Class A
Goldman Sachs International
81,900
05/06/26
USD
47.10
USD
3,799
(179,960
)
Samsung Electronics Co. Ltd., GDR, Registered
Shares
Bank of America N.A.
6,400
05/07/26
USD
3,642.78
USD
18,507
(117,417
)
BP PLC
Morgan Stanley & Co. International PLC
470,800
05/13/26
GBP
5.82
GBP
2,784
(291,155
)
Rentokil Initial PLC
Goldman Sachs International
629,900
05/13/26
GBP
4.79
GBP
2,953
(139,884
)
 
 
 
 
 
 
$ (4,920,057
)
Fair Value Hierarchy as of Period End
Various inputs are used in determining the fair value of financial instruments at the measurement date. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows: 
• Level 1 – Unadjusted price quotations in active markets/exchanges that the Trust has the ability to access for identical assets or liabilities;
• Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly; and
• Level 3 – Inputs that are unobservable and significant to the  entire fair value measurement for the asset or liability (including the Valuation Committee’s assumptions used in determining the fair value of financial instruments).
The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy.  In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds that may not have a secondary market and/or may have a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Trust’s policy regarding valuation of financial instruments, refer to its most recent financial statements.
The following table summarizes the Trust’s financial instruments categorized in the fair value hierarchy.  The breakdown of the Trust’s financial instruments into major categories is disclosed in the Consolidated Schedule of Investments above. 
 
Level 1
Level 2
Level 3
Total
Assets
Investments 
Long-Term Investments 
Common Stocks 
Aerospace & Defense
$ 57,720,620
$ 6,073,776
$ —
$ 63,794,396
Air Freight & Logistics
29,743,523
—
—
29,743,523
Automobiles
8,556,921
—
—
8,556,921
Banks
162,147,544
—
—
162,147,544
Beverages
24,620,636
—
—
24,620,636
Broadline Retail
39,850,382
—
—
39,850,382
Building Products
10,128,381
—
—
10,128,381
Capital Markets
77,327,494
—
—
77,327,494
Chemicals
48,442,338
—
—
48,442,338
Commercial Services & Supplies
—
25,078,214
—
25,078,214
Communications Equipment
8,851,157
—
—
8,851,157
Consumer Finance
9,601,291
—
—
9,601,291
Consumer Staples Distribution & Retail
30,381,582
—
—
30,381,582
Containers & Packaging
17,225,456
—
—
17,225,456
Diversified Telecommunication Services
29,043,424
—
—
29,043,424
Electric Utilities
29,643,898
—
—
29,643,898
Electronic Equipment, Instruments & Components
19,787,617
—
—
19,787,617
Entertainment
25,648,164
—
—
25,648,164
Financial Services
26,977,706
—
16,647,440
43,625,146
Ground Transportation
13,117,768
—
—
13,117,768
Health Care Equipment & Supplies
84,766,638
—
—
84,766,638
Health Care Providers & Services
85,400,894
—
—
85,400,894
8
Consolidated Schedule of Investments (unaudited)(continued)
March 31, 2026
BlackRock Enhanced Equity Dividend Trust (BDJ)
 
Fair Value Hierarchy as of Period End (continued)
 
Level 1
Level 2
Level 3
Total
Common Stocks (continued)
Health Care REITs
$ 8,789,590
$ —
$ —
$ 8,789,590
Industrial Conglomerates
13,316,331
—
—
13,316,331
Industrial REITs
19,824,704
—
—
19,824,704
Insurance
39,987,259
—
—
39,987,259
Interactive Media & Services
68,729,101
—
—
68,729,101
Leisure Products
21,194,878
—
—
21,194,878
Life Sciences Tools & Services
74,450
—
—
74,450
Machinery
16,621,866
—
—
16,621,866
Media
—
3,287,951
—
3,287,951
Metals & Mining
15,000,463
—
—
15,000,463
Multi-Utilities
48,570,113
—
—
48,570,113
Oil, Gas & Consumable Fuels
64,945,510
40,199,515
15,528,518
120,673,543
Pharmaceuticals
39,633,393
14,775,246
—
54,408,639
Professional Services
13,086,485
—
—
13,086,485
Residential REITs
10,409,479
—
—
10,409,479
Semiconductors & Semiconductor Equipment
46,088,328
—
—
46,088,328
Software
45,410,605
—
—
45,410,605
Specialized REITs
12,432,949
—
—
12,432,949
Specialty Retail
27,168,616
—
—
27,168,616
Technology Hardware, Storage & Peripherals
47,237,404
46,530,055
—
93,767,459
Tobacco
37,967,670
—
—
37,967,670
Trading Companies & Distributors
34,192,650
—
—
34,192,650
Preferred Securities
Preferred Stocks
—
15,621,246
—
15,621,246
Short-Term Securities 
Money Market Funds
17,871,564
—
—
17,871,564
 
$1,487,536,842
$151,566,003
$32,175,958
$1,671,278,803
Derivative Financial Instruments(a)
Liabilities 
Equity Contracts
$ (9,622,876
)
$ (6,666,178
)
$ —
$ (16,289,054
)
 
(a)
Derivative financial instruments are options written. Options written are shown at value.
A reconciliation of Level 3 financial instruments is presented when the Trust had a significant amount of Level 3 investments and derivative financial instruments at the beginning and/or end of the period in relation to net assets. The following table is a reconciliation of Level 3 investments for which significant unobservable inputs were used in determining fair value: 
 
Common
Stocks
Total
Assets
Opening balance, as of December 31, 2025
$ 30,766,938
$ 30,766,938
Transfers into Level 3
—
—
Transfers out of Level 3
—
—
Accrued discounts/premiums
—
—
Net realized gain (loss)
—
—
Net change in unrealized appreciation (depreciation)(a)
1,203,831
1,203,831
Purchases
205,189
205,189
Sales
—
—
Closing balance, as of March 31, 2026
$ 32,175,958
$ 32,175,958
Net change in unrealized appreciation (depreciation) on investments still held at March 31, 2026(a)
$ 1,203,830
$ 1,203,830
 
(a)
Any difference between net change in unrealized appreciation (depreciation) and net change in unrealized appreciation (depreciation) on investments still held at March 31, 2026 is
generally due to investments no longer held or categorized as Level 3 at period end.
Consolidated Schedule of Investments
9
Consolidated Schedule of Investments (unaudited)(continued)
March 31, 2026
BlackRock Enhanced Equity Dividend Trust (BDJ)
 
The following table summarizes the valuation approaches used and unobservable inputs utilized by the Valuation Committee to determine the value of certain of the Trust’s Level 3 financial instruments as of period end. 
 
Value
Valuation
Approach
Unobservable
Inputs
Range of
Unobservable
Inputs
Utilized(a)
Weighted
Average of
Unobservable
Inputs Based
on Fair Value
Assets
 
 
 
 
Common Stocks
$32,175,958
Income
Discount Rate
10%
—
 
Market
EBITDA Multiple
8.50x
—
 
 
 
 
 
 
 
Recent Transactions
—
—
 
$32,175,958
 
 
 
 
 
(a)
A significant change in unobservable input could result in a correlated or inverse change in value.
 
Currency Abbreviation 
EUR
Euro
GBP
British Pound
USD
United States Dollar
 
Portfolio Abbreviation 
ADR
 American Depositary Receipt
GDR
 Global Depositary Receipt
LP
 Limited Partnership
REIT
 Real Estate Investment Trust
10