BlackRock Enhanced Global Dividend Trust: directors' dealings · United States · SEC (Form 4)

About BlackRock Enhanced Global Dividend Trust

BlackRock Enhanced Global Dividend Trust (BOE) is a U.S.-listed closed-end fund traded on the NYSE in the United States. For French-speaking investors, it should be viewed not as an operating company but as an actively managed listed investment vehicle sponsored by BlackRock, one of the world’s largest asset managers. Its primary objective is to deliver current income and current gains, with a secondary objective of long-term capital appreciation. The trust was launched on May 31, 2005 and sits within BlackRock’s dividend-oriented equity and income franchise. BOE’s investment approach is centered on dividend-paying equity securities, with a global mandate that gives the portfolio broad geographic flexibility. Under normal market conditions, the fund invests at least 80% of net assets in dividend-paying equities and at least 40% outside the U.S., although that non-U.S. allocation can be reduced if conditions are considered unfavorable. In practical terms, this gives the fund meaningful exposure to developed markets across North America, Europe and Asia-Pacific, while retaining the ability to tilt toward larger, higher-quality global companies. The fund also generally writes covered put and call options on a portion of total assets, typically around 30% to 45%, as part of its income-enhancement strategy. From a competitive standpoint, BOE occupies a niche but well-known segment of the closed-end fund market: global equity income with option overlay. Its strengths are BlackRock’s scale, research capabilities, portfolio construction discipline and the ability to package diversified global dividend exposure into a liquid NYSE-listed structure. That said, the structure also introduces typical closed-end fund characteristics, including market-price volatility, the potential for persistent discounts or premiums to NAV, and sensitivity to equity-market swings and distribution sustainability. Recent BlackRock data show that as of May 14, 2026 the trust had approximately $736.3 million in net assets, 55 holdings, and traded at a roughly 10.2% discount to NAV. The portfolio’s largest positions included Alphabet, Broadcom, Taiwan Semiconductor Manufacturing, Microsoft and Apple, which underscores a tilt toward large-cap global leaders rather than a narrow sector bet. The fund’s distribution rate was about 8.35% on that date, reinforcing its positioning as an income-focused vehicle. For investors in France, Belgium or Switzerland seeking listed global income exposure, BOE offers a straightforward NYSE-listed U.S. structure backed by BlackRock’s international equity platform.