BlackRock Enhanced Equity Dividend Fund (BDJ)

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BlackRock Enhanced Equity Dividend Fund (BDJ) is a popular U.S stock closed end fund. The fund invests mainly in equity securities and through utilizing an options strategy. This fund objective is to provide current income and capital appreciation.

This BlackRock fund has a high yield of 6.77%. This yield is paid in monthly frequency. The fund managers are Kathleen Anderson, Kyle McClements, and Bob Shearer. The current market share price is $8.30. Its expense fee is low, only 0.16%.

BDJ Fund Profile

    BlackRock Enhanced Equity Dividend Fund (BDJ)
  • Fund Inception Date: 08/26/2005
  • Ticker Symbol: BDJ
  • CUSIP: 09251A104
  • Rank in category (2014): 62%
  • Category: US Equity - Covered Call
  • Yield: 6.77%
  • Effective Leverage: 0%
  • Capital Gains: -
  • Premium/ Discount: -9.39%
  • Base Expense Ratio: 0.16%
  • Net Assets: $ 1.73 billion
  • Annual Turnover Rate: 83%

BlackRock Enhanced Equity Dividend Fund Return

In 2014, this US stock fund has a total return of 9.59%. This BlackRock closed end fund has returned 12.55% over the past 3 year, and 7.47% over the past 5 year. In 2015, it has year-to-date return of 2.87%. You can buy this fund through your brokerage. Morningstar has ranked this fund with 2 star and bronze rating.

More: BlackRock Municipal 2018 Term Trust Fund (BPK)

As of April 2015, it has 147 holdings. The current annual portfolio turnover rate is 180%. Top 6 stocks are Wells Fargo & Co, JPMorgan Chase & Co, Home Depot Inc, Comcast Corporation, General Electric Co, and Merck & Co Inc. Top 2 sectors are general equity, and short debt.

Pros:
  • This BlackRock Enhanced Equity Dividend Fund has high yield for income
  • The expense fee is low.
Cons:
  • The past performance has been average.
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