Company: BDJ
Filing Date: 2025-03-07
Form Type: N-CSR
Source: 0001193125-25-049575
Chunk: 36

Company: BlackRock Enhanced Equity Dividend Trust
Filing Date: 2025-03-07
Form: N-CSR
Chunk 36
---
 to the slow pace of the region’s economic recovery. On the other hand, it added to U.S. and European equities where it identified both attractive fundamentals and near-term catalysts. Describe portfolio positioning at period end. As of December 31, 2024, the Trust held 22 private investments, comprising 31.3% of total assets for a total commitment of approximately $527 million. The investment adviser continued to seek opportunities to harvest the illiquidity premium by taking advantage of the Trust’s closed-end structure to add holdings in private investments as capacity increased.

34 2024 BlackRock Annual Report to Shareholders

Trust Summary as of December 31, 2024 (continued) BlackRock Science and Technology Term Trust (BSTZ) The Trust held 32% of net asset value in semiconductors, 30% in software, 13% in hardware, 12% in services, 9% in internet, 3% in content & infrastructure, and 2% in new industries. These industry weightings were the result of bottom-up stock selection. As of December 31, 2024, the Trust had in place an option overwriting program whereby 19.1% of the underlying equities were overwritten with call options on individual stocks. These call options were typically written at prices above the prevailing market prices (estimated to be 7.0% out of the money) and for maturities averaging 53 days. The views expressed reflect the opinions of BlackRock as of the date of this report and are subject to change based on changes in market, economic or other conditions.
These views are not intended to be a forecast of future events and are no guarantee of future results. Trust Summary 35

Trust Summary as of December 31, 2024 (continued) BlackRock Science and Technology Term Trust (BSTZ) Overview of the Trust’s Total Investments

| TEN LARGEST HOLDINGS                |                                |
| Security                            | Percent of TotalInvestments(a) |
| NVIDIA Corp.                        |                           9.0% |
| Databricks, Inc.                    |                            5.0 |
| Astera Labs, Inc.                   |                            4.2 |
| PsiQuantum Corp.                    |                            4.0 |
| Credo Technology Group Holding Ltd. |                            3.2 |
| Reddit, Inc.                        |                            3.1 |
| Klarna Holdings AB                  |                            2.6 |
| Tesla