Company: BDJ
Filing Date: 2025-03-07
Form Type: N-CSR
Source: 0001193125-25-049575
Chunk: 28

Company: BlackRock Enhanced Equity Dividend Trust
Filing Date: 2025-03-07
Form: N-CSR
Chunk 28
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 Summary as of December 31, 2024 (continued) BlackRock Innovation and Growth Term Trust (BIGZ)

Performance Returns for the period ended December 31, 2024 were as follows:

|                                              | Average Annual Total Returns |                   |
|                                              |                       1 Year | SinceInception(a) |
| Trust at NAV(b)(c)                           |                        3.39% |          (12.73)% |
| Trust at Market Price(b)(c)                  |                        13.22 |            -15.42 |
| MSCI USA SMID Growth Call Overwrite Index(d) |                        14.67 |              4.21 |
| Russell 2500™ Growth Index                   |                        13.90 |              1.56 |

| (a) | BIGZ commenced operations on March 29, 2021.                                                                                                                                                                                                                                                                              |
|:----|:--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (b) | All returns reflect reinvestment of dividends and/or distributions at actual reinvestment prices.                                                                                                                                                                                                                         |
| (c) | 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.                                                                                                                                                          |
| (d) | A custom benchmark that is made up of the MSCI USA SMID Growth Index, MSCI USA SMID Growth 25% Call Overwrite Cash and MSCI USA SMID Growth 25% Call Overwrite Option.The MSCI USA SMID Growth Index captures mid and small cap representations of securities exhibiting overall growth style characteristics in the U.S. |

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 industrials sector contributed to relative performance, led by an overweight in Axon Enterprise, Inc. Allocation in materials also aided results, with the largest contribution coming from the lack of a position in the chemical producer Celan