March 31, 2026 
2026 Quarterly Report
(Unaudited)
 
BlackRock Enhanced International Dividend Trust (BGY)
 
Not FDIC Insured • May Lose Value • No Bank Guarantee
Schedule of Investments (unaudited)
March 31, 2026
BlackRock Enhanced International Dividend Trust (BGY)
(Percentages shown are based on Net Assets)
 
Security
 
 
Shares
Value
Common Stocks
Austria — 2.0%
Erste Group Bank AG
 
102,315
$ 11,052,608
Canada — 5.9%
Gildan Activewear, Inc.
 
129,223
7,196,396
Teck Resources Ltd., Class B(a)
 
197,232
10,222,433
Toronto-Dominion Bank
 
155,657
14,537,386
 
 
31,956,215
China — 5.7%
Alibaba Group Holding Ltd.
 
771,880
12,098,821
Tencent Holdings Ltd.
 
220,999
13,938,924
Tencent Holdings Ltd., ADR
 
80,363
5,080,549
 
 
31,118,294
Finland — 1.5%
Kone OYJ, Class B
 
126,469
8,073,873
France — 8.1%
Air Liquide SA
 
67,249
13,900,268
BNP Paribas SA
 
110,114
10,489,859
EssilorLuxottica SA
 
38,518
8,975,662
Schneider Electric SE
 
40,021
10,900,985
 
 
44,266,774
Germany — 8.3%
Allianz SE, Registered Shares
 
33,773
14,262,960
Deutsche Boerse AG, Class N
 
31,456
9,214,889
Deutsche Telekom AG, Registered Shares
 
369,285
13,782,922
SAP SE
 
45,106
7,689,787
 
 
44,950,558
India — 3.1%
AceVector Limited, (Acquired 01/25/22, Cost:
$3,948,600)(a)(b)(c)
 
848,000
225,123
HDFC Bank Ltd.
 
1,257,951
9,853,581
Kotak Mahindra Bank Ltd.
 
1,750,275
6,588,635
 
 
16,667,339
Italy — 2.1%
FinecoBank Banca Fineco SpA
 
511,662
11,383,823
Japan — 11.0%
Hitachi Ltd.
 
344,300
10,100,208
Honda Motor Co. Ltd.
 
800,600
6,479,711
Japan Tobacco, Inc.
 
143,400
5,501,379
Mitsubishi UFJ Financial Group, Inc.
 
706,800
11,968,895
Shin-Etsu Chemical Co. Ltd.
 
204,400
8,322,918
Sony Group Corp.
 
837,800
17,462,029
 
 
59,835,140
Mexico — 1.6%
Grupo Financiero Banorte SAB de CV, Class O
 
767,926
8,516,896
Netherlands — 7.1%
ASM International NV
 
18,667
14,148,701
ASR Nederland NV
 
149,819
10,314,560
Koninklijke KPN NV
 
2,599,422
14,488,207
 
 
38,951,468
Singapore — 2.1%
United Overseas Bank Ltd.
 
397,000
11,364,418
South Korea — 2.2%
SK Hynix, Inc.
 
21,304
12,087,139
Security
 
 
Shares
Value
Spain — 3.0%
Banco Bilbao Vizcaya Argentaria SA
 
369,601
$ 7,983,218
Industria de Diseno Textil SA
 
141,391
8,230,201
 
 
16,213,419
Sweden — 5.6%
Assa Abloy AB, Class B
 
335,713
12,135,309
Atlas Copco AB, A Shares
 
632,729
11,165,657
Epiroc AB, Class A
 
304,248
7,489,621
 
 
30,790,587
Taiwan — 8.1%
MediaTek, Inc.
 
209,000
10,024,714
Taiwan Semiconductor Manufacturing Co. Ltd.
 
589,000
34,064,535
 
 
44,089,249
Thailand — 1.9%
Bangkok Dusit Medical Services PCL, NVDR
 
18,181,600
10,364,284
United Kingdom — 16.4%
AstraZeneca PLC
 
91,239
17,840,869
BAE Systems PLC
 
458,772
13,450,508
British American Tobacco PLC
 
279,962
16,254,259
Rentokil Initial PLC
 
872,531
5,414,863
Shell PLC
 
619,000
28,945,111
Taylor Wimpey PLC
 
6,166,586
7,324,175
 
 
89,229,785
United States — 1.0%
General Electric Co.(d)
 
18,844
5,347,362
Total Long-Term Investments — 96.7%
(Cost: $430,543,254)
526,259,231
Short-Term Securities
Money Market Funds — 1.9%
BlackRock Liquidity Funds, T-Fund, Institutional Shares,
3.55%(e)(f)
 
10,243,148
10,243,148
Total Short-Term Securities — 1.9%
(Cost: $10,243,148)
10,243,148
Total Investments Before Options Written — 98.6%
(Cost: $440,786,402)
536,502,379
Options Written — (0.6)%
(Premiums Received: $(6,355,501))
(3,409,897
)
Total Investments, Net of Options Written — 98.0%
(Cost: $434,430,901)
533,092,482
Other Assets Less Liabilities — 2.0%
11,018,285
Net Assets — 100.0%
$ 544,110,767
 
(a)
Non-income producing security.
(b)
Security is valued using significant unobservable inputs and is classified as Level 3 in the
fair value hierarchy.
(c)
Restricted security as to resale, excluding 144A securities. The Trust held restricted
securities with a current value of $225,123, representing less than 0.05% of its net assets
as of period end, and an original cost of $3,948,600.
(d)
All or a portion of the security has been pledged and/or segregated as collateral in
connection with outstanding exchange-traded options written.
(e)
Affiliate of the Trust.
(f)
Annualized 7-day yield as of period end.
2
Schedule of Investments (unaudited)(continued)
March 31, 2026
BlackRock Enhanced International Dividend Trust (BGY)
 
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 Liquidity Funds, T-Fund, Institutional Shares
$ 8,533,259
$ 1,709,889
(a)
$ —
$ —
$ —
$ 10,243,148
10,243,148
$ 54,634
$ —
 
(a)
Represents net amount purchased (sold).
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 
 
 
Teck Resources Ltd., Class B
600
04/02/26
CAD
83.00
CAD
4,326
$ (3,018
)
Toronto-Dominion Bank
350
04/02/26
CAD
136.00
CAD
4,547
(2,013
)
General Electric Co.
52
04/17/26
USD
300.00
USD
1,476
(18,590
)
Gildan Activewear, Inc.
290
04/17/26
CAD
86.00
CAD
2,247
(5,003
)
Teck Resources Ltd., Class B
90
05/01/26
CAD
73.00
CAD
649
(27,173
)
Gildan Activewear, Inc.
290
05/15/26
CAD
88.00
CAD
2,247
(18,762
)
 
 
 
$ (74,559
)
OTC Options Written 
Description
Counterparty
Number of
Contracts
Expiration
Date
Exercise Price
Notional
Amount (000)
Value
Call 
 
 
 
 
 
BAE Systems PLC
UBS AG
54,100
04/01/26
GBP
20.38
GBP
1,198
$ (115,883
)
Hitachi Ltd.
JPMorgan Chase Bank N.A.
77,500
04/01/26
JPY
6,071.21
JPY
360,816
—
Sony Group Corp.
Bank of America N.A.
55,000
04/01/26
JPY
3,823.39
JPY
181,931
—
Deutsche Telekom AG, Class N, Registered
Shares
Citibank N.A.
90,000
04/02/26
EUR
33.28
EUR
2,906
(1,832
)
Koninklijke KPN NV
Goldman Sachs International
802,200
04/02/26
EUR
4.69
EUR
3,868
(105,963
)
Mitsubishi UFJ Financial Group, Inc.
JPMorgan Chase Bank N.A.
159,000
04/02/26
JPY
3,129.36
JPY
427,312
—
SAP SE
UBS AG
20,200
04/02/26
EUR
179.17
EUR
2,979
—
Atlas Copco AB, A Shares
Citibank N.A.
63,300
04/07/26
SEK
198.75
SEK
10,575
—
EssilorLuxottica SA
BNP Paribas SA
3,300
04/07/26
EUR
253.47
EUR
665
—
Honda Motor Co. Ltd.
JPMorgan Chase Bank N.A.
304,100
04/07/26
JPY
1,612.41
JPY
390,613
(150
)
Koninklijke KPN NV
Goldman Sachs International
151,100
04/07/26
EUR
4.85
EUR
729
(6,504
)
Shell PLC
Bank of America N.A.
48,800
04/07/26
EUR
35.26
EUR
1,974
(327,705
)
Alibaba Group Holding Ltd.
JPMorgan Chase Bank N.A.
17,700
04/08/26
HKD
154.23
HKD
2,175
(1
)
Deutsche Telekom AG, Class N, Registered
Shares
Goldman Sachs International
104,300
04/08/26
EUR
33.99
EUR
3,368
(9,087
)
FinecoBank Banca Fineco SpA
UBS AG
43,200
04/08/26
EUR
19.93
EUR
832
(4,655
)
Koninklijke KPN NV
Goldman Sachs International
522,200
04/08/26
EUR
4.82
EUR
2,518
(32,364
)
Taiwan Semiconductor Manufacturing Co.
Ltd.
JPMorgan Chase Bank N.A.
175,000
04/08/26
TWD
2,023.95
TWD
323,570
(1,781
)
Assa Abloy AB, Class B
UBS AG
78,600
04/14/26
SEK
385.43
SEK
26,897
(856
)
Epiroc AB, Class A
Goldman Sachs International
57,700
04/14/26
SEK
275.00
SEK
13,446
(145
)
Hitachi Ltd.
JPMorgan Chase Bank N.A.
77,500
04/14/26
JPY
6,071.21
JPY
360,816
(1,090
)
SK Hynix, Inc.
Bank of America N.A.
3,200
04/14/26
KRW
950,880.00
KRW
2,780,814
(34,108
)
Sony Group Corp.
Bank of America N.A.
177,100
04/14/26
JPY
3,674.55
JPY
585,819
(8,119
)
Tencent Holdings Ltd.
Bank of America N.A.
70,200
04/14/26
HKD
546.96
HKD
34,718
(5,384
)
United Overseas Bank Ltd.
Morgan Stanley & Co. International PLC
178,600
04/14/26
SGD
37.68
SGD
6,573
(23,904
)
AstraZeneca PLC
UBS AG
23,800
04/16/26
GBP
151.56
GBP
3,516
(37,069
)
Atlas Copco AB, A Shares
Goldman Sachs International
88,400
04/16/26
SEK
183.43
SEK
14,768
(3,198
)
BAE Systems PLC
Goldman Sachs International
69,300
04/16/26
GBP
22.64
GBP
1,535
(40,659
)
BNP Paribas SA
JPMorgan Chase Bank N.A.
28,100
04/16/26
EUR
90.35
EUR
2,316
(6,303
)
Schedule of Investments
3
Schedule of Investments (unaudited)(continued)
March 31, 2026
BlackRock Enhanced International Dividend Trust (BGY)
 
OTC Options Written (continued)
Description
Counterparty
Number of
Contracts
Expiration
Date
Exercise Price
Notional
Amount (000)
Value
Call (continued)
 
 
 
 
 
FinecoBank Banca Fineco SpA
UBS AG
238,300
04/16/26
EUR
19.74
EUR
4,587
$ (74,280
)
Grupo Financiero Banorte SAB de CV,
Class O
Morgan Stanley & Co. International PLC
204,000
04/16/26
MXN
197.97
MXN
40,551
(67,169
)
Koninklijke KPN NV
UBS AG
259,900
04/16/26
EUR
4.82
EUR
1,253
(24,429
)
Schneider Electric SE
UBS AG
11,100
04/16/26
EUR
262.42
EUR
2,616
(7,505
)
Taylor Wimpey PLC
Citibank N.A.
636,000
04/16/26
GBP
1.08
GBP
571
(1
)
Alibaba Group Holding Ltd.
JPMorgan Chase Bank N.A.
17,600
04/21/26
HKD
138.78
HKD
2,163
(839
)
Deutsche Boerse AG, Class N
Goldman Sachs International
7,050
04/21/26
EUR
248.56
EUR
1,787
(73,389
)
Epiroc AB, Class A
UBS AG
57,700
04/21/26
SEK
274.90
SEK
13,446
(571
)
Air Liquide SA
Goldman Sachs International
19,100
04/22/26
EUR
175.41
EUR
3,416
(125,517
)
EssilorLuxottica SA
Goldman Sachs International
13,950
04/22/26
EUR
225.77
EUR
2,812
(16,484
)
Honda Motor Co. Ltd.
JPMorgan Chase Bank N.A.
196,500
04/22/26
JPY
1,548.62
JPY
252,402
(3,688
)
Shell PLC
Goldman Sachs International
4,500
04/22/26
EUR
36.65
EUR
182
(23,752
)
Allianz SE, Registered Shares
Goldman Sachs International
15,200
04/28/26
EUR
358.46
EUR
5,554
(210,868
)
Atlas Copco AB, A Shares
Goldman Sachs International
230,000
04/28/26
SEK
180.04
SEK
38,423
(43,077
)
BAE Systems PLC
Goldman Sachs International
74,900
04/28/26
GBP
23.17
GBP
1,659
(29,601
)
Deutsche Boerse AG, Class N
Goldman Sachs International
7,050
04/28/26
EUR
248.56
EUR
1,787
(81,200
)
MediaTek, Inc.
Morgan Stanley & Co. International PLC
84,000
04/28/26
TWD
1,850.58
TWD
128,809
(23,471
)
Shell PLC
UBS AG
163,400
04/28/26
EUR
38.69
EUR
6,611
(555,247
)
Alibaba Group Holding Ltd.
BNP Paribas SA
41,200
04/29/26
HKD
140.40
HKD
5,064
(3,475
)
Assa Abloy AB, Class B
UBS AG
72,500
04/29/26
SEK
369.00
SEK
24,809
(10,159
)
AstraZeneca PLC
Barclays Bank PLC
8,600
04/29/26
GBP
148.67
GBP
1,271
(42,803
)
Taylor Wimpey PLC
BNP Paribas SA
636,000
04/29/26
GBP
0.99
GBP
571
(615
)
Tencent Holdings Ltd.
JPMorgan Chase Bank N.A.
20,300
04/29/26
HKD
577.69
HKD
10,040
(3,751
)
Sony Group Corp.
Goldman Sachs International
86,900
04/30/26
JPY
3,690.17
JPY
287,452
(11,784
)
Alibaba Group Holding Ltd.
JPMorgan Chase Bank N.A.
345,300
05/06/26
HKD
142.39
HKD
42,440
(37,488
)
AstraZeneca PLC
UBS AG
8,700
05/06/26
GBP
155.87
GBP
1,285
(20,726
)
BAE Systems PLC
Bank of America N.A.
54,000
05/06/26
GBP
24.70
GBP
1,196
(8,728
)
Kone OYJ, Class B
JPMorgan Chase Bank N.A.
77,000
05/06/26
EUR
61.29
EUR
4,253
(15,206
)
MediaTek, Inc.
Bank of America N.A.
10,000
05/06/26
TWD
1,937.83
TWD
15,334
(4,034
)
BNP Paribas SA
UBS AG
17,000
05/07/26
EUR
90.34
EUR
1,401
(17,773
)
Mitsubishi UFJ Financial Group, Inc.
Bank of America N.A.
159,000
05/07/26
JPY
2,799.90
JPY
427,312
(59,620
)
Schneider Electric SE
Barclays Bank PLC
11,100
05/07/26
EUR
263.39
EUR
2,616
(27,130
)
Shin-Etsu Chemical Co. Ltd.
JPMorgan Chase Bank N.A.
21,800
05/07/26
JPY
6,883.31
JPY
140,878
(23,656
)
Taylor Wimpey PLC
Barclays Bank PLC
230,000
05/07/26
GBP
0.99
GBP
206
(390
)
ASM International NV
UBS AG
8,400
05/13/26
EUR
732.35
EUR
5,508
(166,966
)
ASR Nederland NV
Goldman Sachs International
67,400
05/13/26
EUR
60.38
EUR
4,015
(126,232
)
BNP Paribas SA
Citibank N.A.
4,500
05/13/26
EUR
84.80
EUR
371
(13,776
)
British American Tobacco PLC
Goldman Sachs International
117,700
05/13/26
GBP
44.80
GBP
5,163
(173,487
)
Industria de Diseno Textil SA
Goldman Sachs International
95,400
05/13/26
EUR
52.53
EUR
4,804
(62,704
)
Shin-Etsu Chemical Co. Ltd.
Bank of America N.A.
70,200
05/13/26
JPY
6,675.74
JPY
453,652
(110,149
)
SK Hynix, Inc.
Bank of America N.A.
6,300
05/13/26
KRW
1,044,750.00
KRW
5,474,727
(116,197
)
Sony Group Corp.
Goldman Sachs International
58,000
05/13/26
JPY
3,459.07
JPY
191,855
(27,275
)
Taiwan Semiconductor Manufacturing Co.
Ltd.
Bank of America N.A.
90,000
05/13/26
TWD
1,971.60
TWD
166,407
(78,401
)
Taylor Wimpey PLC
Goldman Sachs International
1,272,900
05/13/26
GBP
0.88
GBP
1,142
(38,431
)
Tencent Holdings Ltd.
Citibank N.A.
8,900
05/13/26
HKD
541.80
HKD
4,402
(6,534
)
 
 
 
 
 
 
$ (3,335,338
)
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
4
Schedule of Investments (unaudited)(continued)
March 31, 2026
BlackRock Enhanced International Dividend Trust (BGY)
 
Fair Value Hierarchy as of Period End (continued)
• 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 Schedule of Investments above. 
 
Level 1
Level 2
Level 3
Total
Assets
Investments 
Long-Term Investments 
Common Stocks 
Austria
$ —
$ 11,052,608
$ —
$ 11,052,608
Canada
31,956,215
—
—
31,956,215
China
5,080,549
26,037,745
—
31,118,294
Finland
—
8,073,873
—
8,073,873
France
—
44,266,774
—
44,266,774
Germany
—
44,950,558
—
44,950,558
India
—
16,442,216
225,123
16,667,339
Italy
—
11,383,823
—
11,383,823
Japan
—
59,835,140
—
59,835,140
Mexico
8,516,896
—
—
8,516,896
Netherlands
—
38,951,468
—
38,951,468
Singapore
—
11,364,418
—
11,364,418
South Korea
—
12,087,139
—
12,087,139
Spain
—
16,213,419
—
16,213,419
Sweden
—
30,790,587
—
30,790,587
Taiwan
—
44,089,249
—
44,089,249
Thailand
10,364,284
—
—
10,364,284
United Kingdom
—
89,229,785
—
89,229,785
United States
5,347,362
—
—
5,347,362
Short-Term Securities 
Money Market Funds
10,243,148
—
—
10,243,148
 
$ 71,508,454
$ 464,768,802
$ 225,123
$ 536,502,379
Derivative Financial Instruments(a)
Liabilities
Equity Contracts
$ (74,559
)
$ (3,335,338
)
$ —
$ (3,409,897
)
 
(a)
Derivative financial instruments are options written. Options written are shown at value.
 
Currency Abbreviation 
CAD
Canadian Dollar
EUR
Euro
GBP
British Pound
HKD
Hong Kong Dollar
JPY
Japanese Yen
KRW
South Korean Won
MXN
Mexican Peso
Currency Abbreviation (continued)
SEK
Swedish Krona
SGD
Singapore Dollar
TWD
New Taiwan Dollar
USD
United States Dollar
 
Portfolio Abbreviation 
ADR
 American Depositary Receipt
NVDR
 Non-Voting Depositary Receipt
Schedule of Investments
5
Schedule of Investments (unaudited)(continued)
March 31, 2026
BlackRock Enhanced International Dividend Trust (BGY)
 
Portfolio Abbreviation (continued)
PCL
 Public Company Limited
SAB
 Special Assessment Bonds
SAP
 Subject to Appropriations
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