Company: BDJ
Filing Date: 2025-09-04
Form Type: N-CSRS
Source: 0001193125-25-196068
Chunk: 9

Company: BlackRock Enhanced Equity Dividend Trust
Filing Date: 2025-09-04
Form: N-CSRS
Chunk 9
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% |                       11.66% |  12.80% |    9.04% |
| Trust at Market Price(a)(b)            |   12.04 |                        18.14 |   13.87 |     9.65 |
| MSCI USA Value Call Overwrite Index(c) |    5.00 |                        12.13 |   12.56 |      N/A |
| Russell 1000®Value Index(d)            |    6.00 |                        13.70 |   13.93 |     9.19 |

| (a) 
 (b) 
 (c) | All returns reflect reinvestment of dividends and/or distributions at actual reinvestment prices.                                                                                                                     
 TheTrust’s discount to NAV narrowed during the period, which accounts for the difference between performance based on market price and performance based on NAV.                                                      
 An index that incorporates an option overlay component on the MSCI USA Value Index with a 55% overwrite level. The benchmark commenced on December 31, 2018 and therefore thebenchmark does not have 10-year returns. |
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| (d) | An index that measures the performance of the large-cap value segment of the U.S. equity universe. It includes those Russell 1000 companies with lower price-to-book ratios and lowerexpected growth values.          |

Performance results may include adjustments made for financial reporting purposes in accordance with U.S. generally accepted accounting principles.
Past performance is not an indication of future results. The Trust is presenting the performance of one or more indices for informational purposes only. The Trust is actively managed and does not seek to track or replicate the performance of any index. The index performance shown is not intended to be indicative of the Trust’s investment strategies, portfolio components or past or future performance. More information about the Trust’s historical performance can be found in the “Closed End Funds” section of blackrock.com . The following discussion relates to the Trust’s relative performance based on NAV: What factors influenced performance? Stock selection in the healthcare sector contributed to relative performance, led by results in the healthcare providers and services industry. Selection in consumer discretionary, particularly in the household durables industry, also had a positive impact on results. Selection in industrials and allocation decisions in energy contributed, as well. Selection in the communication services sector detracted, due in part to weakness among holdings in the interactive media and services industry. Selection in utilities