BlackRock Enhanced Global Dividend Trust

BlackRock Enhanced Global Dividend Trust operates as a closed-end investment fund. The firm intends to provide current income and current gains and long term capital appreciation. It invests in equity securities issued by companies located in countries throughout the world and utilizing an option writing strategy to enhance current gains. The company was founded on May 31, 2005 and is headquartered in Wilmington, DE.

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This month, I've added to 11 different positions, but most of these were related to repurchases after the BlackRock tender offers. While I added to 11 different positions, these were all positions I had already held previously, so there were no new positions this month. In fact, I sold out of a fund to consolidate my holdings and reduce the number of funds held, as I did last month as well.

11 Closed-End Fund Buys In The Month Of November 2024

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NEW YORK--(BUSINESS WIRE)---- $BBN--Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), Bla.

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Every month, I put cash to work in my closed-end fund portfolio to help build up cash flow over time. Broader equity markets have continued to perform well for the most part, and discounts narrowing on average for CEFs this year has kept me from wanting to get too aggressive. That said, I think there are still some opportunities for adding and worth putting capital to work more cautiously.

3 Closed-End Fund Buys In The Month Of October 2024

BlackRock Enhanced Global Dividend Trust offers a tilt toward global exposure with a covered call strategy, providing attractive monthly distributions. BOE's deep discount presents an opportunity, particularly with its discount management program offering the potential to cash out a portion of one's holding at 98% of NAV. The fund's international tilt has historically resulted in the fund's lackluster performance, but based on valuations, global investments are looking relatively more attractive.

BOE: Discount Opportunity Providing Global Exposure

Forget about owning equity CEFs that offer 20% or more NAV or market yields and stick with funds that can cover their distributions. Do you really think that when a fund sponsor bumps up a fund's yield by 100% that there won't be a price to pay in return? That all of a sudden, 20% NAV yields are somehow achievable? They are not and the cost is an eroding NAV over time.

Ideal Time To Swap Out Of BCAT And ECAT And Into BOE And BGR

The first period of Tender Offers for the BlackRock equity CEFs is now complete. Here's what we've learned and here is the best opportunity among the funds if you want to take advantage of the next three three-month measurement periods. The Tender Offers were the result of activist investors who put pressure on BlackRock to take steps to help reduce the discounts of their funds.

How To Play The BlackRock Tender Offers: Start With Buying BOE

The BlackRock Enhanced Global Dividend Trust offers a high level of current income through equity exposure. This helps combat inflation. The BOE closed-end fund's current 7.10% yield appears to be sustainable, although it is lower than some of its peers. The fund's allocation to the United States has been increasing over the past nine months.

BOE: Increasing Allocation To Domestic Stocks A Risk

BlackRock Enhanced Global Dividend Trust aims to provide current income and gains to investors, with long-term capital appreciation as a secondary goal. BOE invests at least 80% of its assets in dividend paying securities, with around 30%-40% in non US securities. BOE sells calls against its equity holdings, with premiums supplementing dividends to help reach income objectives.

BOE: A Defensive 7% Yielding Fund For Tough Times Ahead

The BlackRock Enhanced Global Dividend Trust offers a high level of income with a current yield of 7.40%, higher than most stock indices. The BOE closed-end fund's strategy includes writing covered call options, and providing a source of income from the premiums received. The BOE fund's performance has been impacted by its covered call strategy, underperforming during bull markets but potentially outperforming during flat or bear markets.

BOE: A Good Income Fund Or A Hedge Against Market Weakness (Rating Upgrade)

BlackRock Enhanced Global Dividend Trust is a closed-end fund that aims to provide income-seeking investors with upside exposure while writing covered calls against a portion of its equity holdings. The BOE closed-end fund offers diversification through exposure to foreign assets, which can help solve the problem of low international exposure for the average American investor. The fund's share price has declined slightly, but its total return has only underperformed the S&P 500 Index by thirty basis points since early July.

BOE: Improving Finances Make This Covered Call CEF Worth Considering

BlackRock Enhanced Global Dividend Trust is trading at a wide discount, near its widest levels outside of panic selling periods. The fund offers a global tilt and implements a covered call writing strategy against a portion of its holdings. BOE's portfolio has shifted towards a heavier allocation to U.S. equities, with tech becoming its largest sector exposure.

BOE: Global Covered Call Fund, 7.82% Distribution Yield

Investors today are desperate for additional sources of income to maintain their lifestyles in the face of the rapidly rising cost of living. BOE invests in a portfolio of dividend-paying stocks issued by companies around the world and then writes options against them in order to generate a high level of income. The fund tends to outperform during bear markets and underperforms during bull markets. This is exactly what we would expect given its strategy.

BOE: A Solid Income Fund, But Appears To Be Struggling To Sustain The Distribution

Lloyd's of London has become the latest insurer to quit the United Nation's Net Zero Insurance Alliance (NZIA), as US political pressure and fears of antitrust lawsuits grow. “Lloyd's has decided to withdraw from the NZIA with immediate effect,” the company said on Friday.

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3 Closed-End Fund Buys In The Month Of March 2023

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NEW YORK--(BUSINESS WIRE)--Please replace the release dated April 11, 2023, with the following corrected version due to changes in the table, "Summary of share repurchase activity since Repurchase Program inception as of March 31, 2023".

CORRECTING and REPLACING BlackRock Closed-End Fund Share Repurchase Program Update

BOE shares some similarities with BDJ but has a sizeable portion of its portfolio outside the U.S. The fund's performance in 2022 was helped out by call writing, but having some heavier weightings in tech seemed to hurt results.

BOE: Discounted Global Covered Call Fund

Blackrock Enhanced Global Dividend Trust has a significantly large asset base, offers a monthly payout, and consistently generates a strong yield within a range of 6 to 9 percent. BOE has a diversified portfolio and is heavily invested in information & communication technology, healthcare, financials and industrial sectors.

BOE: Ex-U.S. Globally Diversified High-Yielding Portfolio Available At Discount

This market has reached a once-in-two-year turning point

This 7.9% Dividend Is Built For Whatever Comes Our Way In '23

BOE's discount is attractive and leads to an enticing distribution yield for shareholders. The fund's option writing and sector diversification strategy have helped keep losses at a relatively reduced level.

BOE: Global Exposure, Call Writing Strategy, ~7.6% Distribution Yield

Many Americans are looking for additional sources of income to help offset rising food and energy bills. BOE invests in a portfolio of dividend-paying stocks from around the world and writes covered call options against them to generate income.

BOE: A Solid Covered Call Fund Trading At A Very Attractive Price

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I have added to five positions in my portfolio, but I haven't included any new names. There was a mix of funds that were at attractive discounts, but also some that were pushing premiums.

5 Closed-End Fund Buys In The Month Of August 2022

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These closed-end funds can generate significant income with little effort on your part.

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BOE is trading at a slightly larger discount than usual relative to its longer-term average. This is a fairly straightforward equity fund, with a covered call strategy and a tilt towards global exposure.

BOE: Attractive Discount With A Global Tilt

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BOE is trading at an over 11% discount at this time; this is near its longer-term average. The deep discount could present investors with a buying opportunity.

News for BlackRock Enhanced Global Dividend Trust ETF (BOE)