BlackRock Enhanced Global Dividend Trust (NYSE: BOE) is a closed-end equity mutual fund managed by BlackRock Advisors, LLC and BlackRock International Limited that seeks current income and current gains through a primary investment in global dividend-paying equity securities, with a secondary objective of long-term capital appreciation. The Trust invests at least 80% of its net assets in dividend-paying equities of companies across all market capitalizations—primarily large capitalization—and at least 40% of its assets in non-U.S. securities (or at least 30% under unfavorable market conditions); it employs an options-writing strategy, typically writing covered put and call options on approximately 30% to 45% of its total assets to enhance income. Top holdings include Broadcom Inc., Microsoft Corporation, Alphabet Inc., Taiwan Semiconductor Manufacturing Co. Ltd., and CMS Energy Corporation, with exposure spanning diversified sectors and regions worldwide, benchmarked against the S&P Global Broad Market Index.
Founded on May 31, 2005 and domiciled in the United States with principal offices at 50 Hudson Yards, New York, New York, the Trust—formerly known as BlackRock Global Opportunities Equity Trust—targets income-seeking investors through monthly distributions paid on a common stock traded on the NYSE.
In recent developments, the Trust significantly increased its monthly dividend by 31.3% to $0.0827 per share starting in late 2024, reflecting enhanced income generation from its equity and options strategies amid favorable market conditions; this adjustment followed consistent payouts at $0.063 per share and supported an annual yield of approximately 8.63% as of mid-2025. Short interest declined 27.5% in October 2025 to 30,100 shares, signaling improved investor sentiment.