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September 30, 2025 
2025 Quarterly Report
(Unaudited)
 
BlackRock Enhanced Global Dividend Trust (BOE)
 
Not FDIC Insured • May Lose Value • No Bank Guarantee
Schedule of Investments (unaudited)
September 30, 2025
BlackRock Enhanced Global Dividend Trust (BOE)
(Percentages shown are based on Net Assets)
 
Security
 
 
Shares
Value
Common Stocks
Canada — 1.9%
TELUS Corp.
 
878,592
$ 13,838,282
China — 3.6%
Alibaba Group Holding Ltd., ADR
 
141,873
25,356,961
Denmark — 2.0%
Novo Nordisk A/S, Class B
 
255,946
14,251,489
France — 2.1%
Air Liquide SA
 
70,330
14,653,725
Germany — 1.6%
SAP SE
 
41,666
11,156,795
India — 0.0%
AceVector Limited, (Acquired 08/31/18, Cost:
$2,637,143)(a)(b)(c)
 
566,400
197,819
Japan — 1.4%
Honda Motor Co. Ltd.
 
937,500
9,674,366
Netherlands — 2.0%
Koninklijke KPN NV
 
3,031,314
14,548,910
South Korea — 0.9%
Kia Corp.
 
90,857
6,521,432
Spain — 1.9%
Banco Bilbao Vizcaya Argentaria SA
 
720,314
13,880,194
Switzerland — 2.0%
Zurich Insurance Group AG, Class N
 
19,779
14,137,691
Taiwan — 5.5%
MediaTek, Inc.
 
286,000
12,403,739
Taiwan Semiconductor Manufacturing Co. Ltd.
 
626,000
27,192,072
 
 
39,595,811
United Kingdom — 9.6%
AstraZeneca PLC
 
141,239
21,637,955
BAE Systems PLC
 
434,178
12,085,960
British American Tobacco PLC
 
183,513
9,760,557
RELX PLC
 
329,283
15,782,525
Taylor Wimpey PLC
 
6,771,171
9,406,696
 
 
68,673,693
United States — 66.2%
Accenture PLC, Class A
 
44,556
10,987,510
Allegion PLC
 
81,737
14,496,057
Alphabet, Inc., Class A(d)
 
117,090
28,464,579
Apple, Inc.(d)(e)
 
71,432
18,188,730
Applied Materials, Inc.
 
55,539
11,371,055
Assurant, Inc.(d)
 
50,499
10,938,083
Baker Hughes Co., Class A
 
152,275
7,418,838
Broadcom, Inc.(e)
 
95,427
31,482,322
Charles Schwab Corp.
 
114,584
10,939,335
Citizens Financial Group, Inc.
 
238,095
12,657,130
CMS Energy Corp.(e)
 
293,639
21,511,993
Coca-Cola Co.
 
287,138
19,042,992
Colgate-Palmolive Co.
 
188,214
15,045,827
Security
 
 
Shares
Value
United States (continued)
Equifax, Inc.
 
6,544
$ 1,678,732
General Electric Co.
 
38,456
11,568,334
Home Depot, Inc.
 
18,637
7,551,526
Hubbell, Inc.
 
31,605
13,599,948
Intercontinental Exchange, Inc.(d)
 
63,501
10,698,648
M&T Bank Corp.
 
53,051
10,483,939
Mastercard, Inc., Class A
 
12,977
7,381,447
Meta Platforms, Inc., Class A(e)
 
18,518
13,599,249
Microsoft Corp.(d)
 
76,577
39,663,057
Moody’s Corp.
 
20,881
9,949,379
Oracle Corp.(e)
 
41,762
11,745,145
Otis Worldwide Corp.(d)
 
135,156
12,357,313
Parker-Hannifin Corp.(d)(e)
 
21,019
15,935,555
Republic Services, Inc.(e)
 
40,201
9,225,325
Sanofi SA
 
111,560
10,564,058
Service Corp. International
 
8,410
699,880
Shell PLC
 
306,689
11,000,155
Union Pacific Corp.
 
62,049
14,666,522
UnitedHealth Group, Inc.(d)(e)
 
43,785
15,118,961
Walmart, Inc.
 
173,813
17,913,168
Williams Cos., Inc.(d)
 
242,828
15,383,154
 
 
473,327,946
Total Long-Term Investments — 100.7%
(Cost: $516,715,970)
719,815,114
Short-Term Securities
Money Market Funds — 0.5%
BlackRock Liquidity Funds, T-Fund, Institutional Shares,
4.01%(f)(g)
 
3,732,280
3,732,280
Total Short-Term Securities — 0.5%
(Cost: $3,732,280)
3,732,280
Total Investments Before Options Written — 101.2%
(Cost: $520,448,250)
723,547,394
Options Written — (1.2)%
(Premiums Received: $(6,733,265))
(9,056,332
)
Total Investments, Net of Options Written — 100.0%
(Cost: $513,714,985)
714,491,062
Other Assets Less Liabilities — 0.0%
322,641
Net Assets — 100.0%
$ 714,813,703
 
(a)
Security is valued using significant unobservable inputs and is classified as Level 3 in the
fair value hierarchy.
(b)
Non-income producing security.
(c)
Restricted security as to resale, excluding 144A securities. The Trust held restricted
securities with a current value of $197,819, representing less than 0.05% of its net assets
as of period end, and an original cost of $2,637,143.
(d)
All or a portion of the security has been pledged and/or segregated as collateral in
connection with outstanding exchange-traded options written.
(e)
All or a portion of the security has been pledged as collateral in connection with
outstanding OTC derivatives.
(f)
Affiliate of the Trust.
(g)
Annualized 7-day yield as of period end.
2
Schedule of Investments (unaudited)(continued)
September 30, 2025
BlackRock Enhanced Global Dividend Trust (BOE)
 
Affiliates
Investments in issuers considered to be affiliate(s) of the Trust during the period ended September 30, 2025 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows: 
Affiliated Issuer
Value at
12/31/24
Purchases
at Cost
Proceeds
from Sales
Net
Realized
Gain (Loss)
Change in
Unrealized
Appreciation
(Depreciation)
Value at
09/30/25
Shares
Held at
09/30/25
Income
Capital Gain
Distributions
from
Underlying
Funds
BlackRock Cash Funds: Institutional, SL Agency Shares(a)
$ —
$ —
$ (68
)(b)
$ 68
$ —
$ —
—
$ 348
(c)
$ —
BlackRock Liquidity Funds, T-Fund, Institutional Shares
7,033,278
—
(3,300,998
)(b)
—
—
3,732,280
3,732,280
251,944
—
 
$ 68
$ —
$ 3,732,280
$ 252,292
$ —
 
(a)
As of period end, the entity is no longer held.
(b)
Represents net amount purchased (sold).
(c)
All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of collateral investment fees, and other payments to and
from borrowers of securities.
Derivative Financial Instruments Outstanding as of Period End
Exchange-Traded Options Written 
Description
Number of
Contracts
Expiration
Date
Exercise Price
Notional
Amount (000)
Value
Call 
 
 
Apple, Inc.
37
10/03/25
USD
245.00
USD
942
$ (36,538
)
Applied Materials, Inc.
159
10/03/25
USD
175.00
USD
3,255
(475,410
)
Mastercard, Inc., Class A
42
10/03/25
USD
595.00
USD
2,389
(546
)
Apple, Inc.
205
10/10/25
USD
245.00
USD
5,220
(221,912
)
Broadcom, Inc.
20
10/10/25
USD
345.00
USD
660
(6,900
)
Charles Schwab Corp.
197
10/10/25
USD
99.00
USD
1,881
(9,062
)
Coca-Cola Co.
487
10/10/25
USD
69.00
USD
3,230
(4,627
)
Meta Platforms, Inc., Class A
52
10/10/25
USD
770.00
USD
3,819
(17,420
)
Microsoft Corp.
33
10/10/25
USD
520.00
USD
1,709
(20,378
)
Oracle Corp.
114
10/10/25
USD
255.00
USD
3,206
(318,630
)
Walmart, Inc.
255
10/10/25
USD
100.00
USD
2,628
(92,437
)
Williams Cos., Inc.
154
10/10/25
USD
59.00
USD
976
(64,680
)
Alibaba Group Holding Ltd., ADR
111
10/17/25
USD
140.00
USD
1,984
(434,842
)
Allegion PLC
253
10/17/25
USD
180.00
USD
4,487
(63,250
)
Alphabet, Inc., Class A
182
10/17/25
USD
210.00
USD
4,424
(621,530
)
Applied Materials, Inc.
64
10/17/25
USD
185.00
USD
1,310
(136,800
)
Assurant, Inc.
222
10/17/25
USD
220.00
USD
4,809
(106,560
)
Baker Hughes Co., Class A
230
10/17/25
USD
44.00
USD
1,121
(115,000
)
Broadcom, Inc.
78
10/17/25
USD
310.00
USD
2,573
(193,830
)
Charles Schwab Corp.
153
10/17/25
USD
100.00
USD
1,461
(20,196
)
Citizens Financial Group, Inc.
748
10/17/25
USD
50.00
USD
3,976
(284,240
)
Citizens Financial Group, Inc.
420
10/17/25
USD
52.50
USD
2,233
(81,900
)
Colgate-Palmolive Co.
166
10/17/25
USD
90.00
USD
1,327
(2,490
)
Colgate-Palmolive Co.
167
10/17/25
USD
85.79
USD
1,335
(790
)
General Electric Co.
77
10/17/25
USD
300.00
USD
2,316
(63,525
)
Hubbell, Inc.
82
10/17/25
USD
450.00
USD
3,529
(30,340
)
M&T Bank Corp.
117
10/17/25
USD
195.00
USD
2,312
(80,145
)
Meta Platforms, Inc., Class A
14
10/17/25
USD
800.00
USD
1,028
(3,024
)
Microsoft Corp.
79
10/17/25
USD
525.00
USD
4,092
(48,980
)
Moody’s Corp.
39
10/17/25
USD
530.00
USD
1,858
(3,120
)
Otis Worldwide Corp.
376
10/17/25
USD
90.00
USD
3,438
(91,180
)
Parker-Hannifin Corp.
92
10/17/25
USD
780.00
USD
6,975
(65,780
)
Republic Services, Inc.
45
10/17/25
USD
240.00
USD
1,033
(2,138
)
TELUS Corp.
1,310
10/17/25
CAD
23.00
CAD
2,872
(3,765
)
UnitedHealth Group, Inc.
160
10/17/25
USD
360.00
USD
5,525
(88,800
)
Walmart, Inc.
255
10/17/25
USD
100.00
USD
2,628
(101,362
)
Williams Cos., Inc.
154
10/17/25
USD
60.00
USD
976
(58,520
)
Allegion PLC
200
10/22/25
USD
170.00
USD
3,547
(162,861
)
Accenture PLC, Class A
69
10/24/25
USD
270.00
USD
1,702
(8,625
)
Alibaba Group Holding Ltd., ADR
513
10/24/25
USD
180.00
USD
9,169
(437,332
)
Schedule of Investments
3
Schedule of Investments (unaudited)(continued)
September 30, 2025
BlackRock Enhanced Global Dividend Trust (BOE)
 
Exchange-Traded Options Written (continued)
Description
Number of
Contracts
Expiration
Date
Exercise Price
Notional
Amount (000)
Value
Call (continued)
 
 
Alphabet, Inc., Class A
130
10/24/25
USD
250.00
USD
3,160
$ (70,850
)
Alphabet, Inc., Class A
80
10/24/25
USD
265.00
USD
1,945
(15,080
)
Apple, Inc.
72
10/24/25
USD
235.00
USD
1,833
(152,640
)
Broadcom, Inc.
117
10/24/25
USD
390.00
USD
3,860
(14,859
)
Broadcom, Inc.
117
10/24/25
USD
410.00
USD
3,860
(7,488
)
Coca-Cola Co.
605
10/24/25
USD
68.00
USD
4,012
(44,770
)
Colgate-Palmolive Co.
495
10/24/25
USD
85.00
USD
3,957
(9,900
)
Mastercard, Inc., Class A
15
10/24/25
USD
595.00
USD
853
(5,138
)
Meta Platforms, Inc., Class A
15
10/24/25
USD
800.00
USD
1,102
(6,150
)
Microsoft Corp.
66
10/24/25
USD
525.00
USD
3,418
(53,130
)
TELUS Corp.
1,107
10/24/25
CAD
22.50
CAD
2,427
(7,954
)
Applied Materials, Inc.
21
10/31/25
USD
205.00
USD
430
(19,793
)
Charles Schwab Corp.
154
10/31/25
USD
99.00
USD
1,470
(32,340
)
Coca-Cola Co.
487
10/31/25
USD
68.00
USD
3,230
(42,369
)
Home Depot, Inc.
83
10/31/25
USD
415.00
USD
3,363
(46,895
)
Microsoft Corp.
158
10/31/25
USD
535.00
USD
8,184
(153,260
)
Oracle Corp.
32
10/31/25
USD
340.00
USD
900
(8,784
)
Republic Services, Inc.
131
10/31/25
USD
229.97
USD
3,006
(71,961
)
Union Pacific Corp.
273
10/31/25
USD
240.00
USD
6,453
(140,595
)
Walmart, Inc.
254
10/31/25
USD
106.00
USD
2,618
(34,544
)
Accenture PLC, Class A
86
11/07/25
USD
250.00
USD
2,121
(72,670
)
Alphabet, Inc., Class A
123
11/07/25
USD
260.00
USD
2,990
(70,418
)
Williams Cos., Inc.
1,028
11/07/25
USD
63.00
USD
6,512
(251,860
)
Baker Hughes Co., Class A
302
11/21/25
USD
48.39
USD
1,471
(77,485
)
CMS Energy Corp.
646
11/21/25
USD
70.00
USD
4,733
(310,080
)
General Electric Co.
134
11/21/25
USD
300.00
USD
4,031
(227,800
)
Hubbell, Inc.
57
11/21/25
USD
450.00
USD
2,453
(76,950
)
Intercontinental Exchange, Inc.
246
11/21/25
USD
180.00
USD
4,145
(39,975
)
Moody’s Corp.
52
11/21/25
USD
510.00
USD
2,478
(42,380
)
Otis Worldwide Corp.
218
11/21/25
USD
95.00
USD
1,993
(38,695
)
 
 
 
$ (6,726,278
)
OTC Options Written 
Description
Counterparty
Number of
Contracts
Expiration
Date
Exercise Price
Notional
Amount (000)
Value
Call 
 
 
 
 
 
CMS Energy Corp.
Goldman Sachs International
64,600
10/01/25
USD
76.35
USD
4,733
$ (3,622
)
Koninklijke KPN NV
Barclays Bank PLC
304,400
10/02/25
EUR
3.96
EUR
1,244
(44,369
)
BAE Systems PLC
BNP Paribas SA
23,700
10/03/25
GBP
17.37
GBP
491
(102,921
)
RELX PLC
BNP Paribas SA
60,000
10/03/25
EUR
41.75
EUR
2,449
(1,860
)
Zurich Insurance Group AG, Class N
UBS AG
8,700
10/03/25
CHF
576.47
CHF
4,950
(2,073
)
Koninklijke KPN NV
Goldman Sachs International
50,000
10/08/25
EUR
4.03
EUR
204
(4,520
)
Banco Bilbao Vizcaya Argentaria SA
UBS AG
191,400
10/09/25
EUR
16.51
EUR
3,141
(22,168
)
British American Tobacco PLC
Barclays Bank PLC
53,700
10/09/25
GBP
42.84
GBP
2,124
(87
)
MediaTek, Inc.
Bank of America N.A.
105,800
10/14/25
TWD
1,457.92
TWD
139,849
(9,281
)
Novo Nordisk A/S, Class B
UBS AG
57,100
10/14/25
DKK
382.84
DKK
20,215
(28,730
)
RELX PLC
UBS AG
15,850
10/14/25
EUR
40.52
EUR
647
(14,805
)
Intercontinental Exchange, Inc.
Bank of America N.A.
16,700
10/15/25
USD
182.65
USD
2,814
(1,444
)
Taiwan Semiconductor Manufacturing Co.
Ltd.
Morgan Stanley & Co. International PLC
193,000
10/15/25
TWD
1,186.07
TWD
255,512
(760,542
)
Honda Motor Co. Ltd.
BNP Paribas SA
139,500
10/16/25
JPY
1,743.89
JPY
212,887
(4,102
)
Koninklijke KPN NV
UBS AG
160,800
10/16/25
EUR
4.04
EUR
657
(17,404
)
TELUS Corp.
Citibank N.A.
241,500
10/16/25
CAD
22.23
CAD
5,294
(30,687
)
Koninklijke KPN NV
Barclays Bank PLC
643,700
10/21/25
EUR
4.29
EUR
2,631
(17,495
)
RELX PLC
Barclays Bank PLC
52,700
10/21/25
EUR
41.58
EUR
2,151
(26,391
)
Honda Motor Co. Ltd.
Goldman Sachs International
137,000
10/22/25
JPY
1,715.98
JPY
209,072
(7,566
)
Kia Corp.
Goldman Sachs International
19,950
10/22/25
KRW
113,102.00
KRW
2,009,096
(2,433
)
Air Liquide SA
Bank of America N.A.
22,100
10/28/25
EUR
178.05
EUR
3,922
(63,596
)
AstraZeneca PLC
Barclays Bank PLC
19,300
10/28/25
GBP
115.28
GBP
2,199
(48,086
)
4
Schedule of Investments (unaudited)(continued)
September 30, 2025
BlackRock Enhanced Global Dividend Trust (BOE)
 
OTC Options Written (continued)
Description
Counterparty
Number of
Contracts
Expiration
Date
Exercise Price
Notional
Amount (000)
Value
Call (continued)
 
 
 
 
 
BAE Systems PLC
Goldman Sachs International
79,900
10/28/25
GBP
20.56
GBP
1,654
$ (63,076
)
Banco Bilbao Vizcaya Argentaria SA
Goldman Sachs International
43,750
10/28/25
EUR
16.61
EUR
718
(14,609
)
Novo Nordisk A/S, Class B
Bank of America N.A.
17,700
10/28/25
DKK
379.74
DKK
6,266
(24,142
)
Sanofi SA
Bank of America N.A.
7,800
10/28/25
EUR
81.84
EUR
629
(9,541
)
Taylor Wimpey PLC
Barclays Bank PLC
1,490,000
10/28/25
GBP
1.00
GBP
1,539
(42,903
)
Air Liquide SA
Bank of America N.A.
8,900
11/04/25
EUR
178.45
EUR
1,579
(28,673
)
AstraZeneca PLC
Bank of America N.A.
42,900
11/04/25
GBP
114.83
GBP
4,887
(138,680
)
BAE Systems PLC
Goldman Sachs International
135,200
11/04/25
GBP
20.09
GBP
2,798
(167,679
)
Honda Motor Co. Ltd.
Goldman Sachs International
136,000
11/04/25
JPY
1,737.75
JPY
207,546
(8,938
)
Kia Corp.
Goldman Sachs International
20,000
11/04/25
KRW
106,392.30
KRW
2,014,131
(23,966
)
MediaTek, Inc.
JPMorgan Chase Bank N.A.
20,000
11/04/25
TWD
1,600.60
TWD
26,436
(1,653
)
Banco Bilbao Vizcaya Argentaria SA
Morgan Stanley & Co. International PLC
161,100
11/07/25
EUR
16.88
EUR
2,644
(58,003
)
M&T Bank Corp.
Bank of America N.A.
11,600
11/07/25
USD
205.84
USD
2,292
(42,388
)
Shell PLC
Bank of America N.A.
107,400
11/07/25
EUR
31.52
EUR
3,281
(47,885
)
Koninklijke KPN NV
Goldman Sachs International
508,300
11/11/25
EUR
4.16
EUR
2,078
(32,488
)
RELX PLC
Barclays Bank PLC
52,500
11/11/25
EUR
40.59
EUR
2,143
(78,301
)
SAP SE
Barclays Bank PLC
18,300
11/11/25
EUR
233.24
EUR
4,174
(136,877
)
Taiwan Semiconductor Manufacturing Co.
Ltd.
Morgan Stanley & Co. International PLC
82,000
11/11/25
TWD
1,393.60
TWD
108,560
(66,302
)
Novo Nordisk A/S, Class B
Bank of America N.A.
14,800
11/13/25
DKK
379.15
DKK
5,240
(33,424
)
Sanofi SA
Morgan Stanley & Co. International PLC
41,300
11/13/25
EUR
80.47
EUR
3,331
(96,344
)
 
 
 
 
 
 
$ (2,330,054
)
Fair Value Hierarchy as of Period End
Various inputs are used in determining the fair value of financial instruments at the measurement date. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows: 
• Level 1 – Unadjusted price quotations in active markets/exchanges that the Trust has the ability to access for identical assets or liabilities;
• Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly; and
• Level 3 – Inputs that are unobservable and significant to the  entire fair value measurement for the asset or liability (including the Valuation Committee’s assumptions used in determining the fair value of financial instruments).
The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy.  In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds that may not have a secondary market and/or may have a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Trust’s policy regarding valuation of financial instruments, refer to its most recent financial statements.
The following table summarizes the Trust’s financial instruments categorized in the fair value hierarchy.  The breakdown of the Trust’s financial instruments into major categories is disclosed in the Schedule of Investments above. 
 
Level 1
Level 2
Level 3
Total
Assets
Investments 
Long-Term Investments 
Common Stocks 
Canada
$ 13,838,282
$ —
$ —
$ 13,838,282
China
25,356,961
—
—
25,356,961
Denmark
—
14,251,489
—
14,251,489
France
—
14,653,725
—
14,653,725
Germany
—
11,156,795
—
11,156,795
India
—
—
197,819
197,819
Japan
—
9,674,366
—
9,674,366
Schedule of Investments
5
Schedule of Investments (unaudited)(continued)
September 30, 2025
BlackRock Enhanced Global Dividend Trust (BOE)
 
Fair Value Hierarchy as of Period End (continued)
 
Level 1
Level 2
Level 3
Total
Common Stocks (continued)
Netherlands
$ —
$ 14,548,910
$ —
$ 14,548,910
South Korea
—
6,521,432
—
6,521,432
Spain
—
13,880,194
—
13,880,194
Switzerland
—
14,137,691
—
14,137,691
Taiwan
—
39,595,811
—
39,595,811
United Kingdom
—
68,673,693
—
68,673,693
United States
451,763,733
21,564,213
—
473,327,946
Short-Term Securities 
Money Market Funds
3,732,280
—
—
3,732,280
 
$ 494,691,256
$ 228,658,319
$ 197,819
$ 723,547,394
Derivative Financial Instruments(a)
Liabilities
Equity Contracts
$ (6,413,181
)
$ (2,643,151
)
$ —
$ (9,056,332
)
 
(a)
Derivative financial instruments are options written. Options written are shown at value.
 
Currency Abbreviation 
CAD
Canadian Dollar
CHF
Swiss Franc
DKK
Danish Krone
EUR
Euro
GBP
British Pound
JPY
Japanese Yen
KRW
South Korean Won
TWD
New Taiwan Dollar
USD
United States Dollar
 
Portfolio Abbreviation 
ADR
 American Depositary Receipt
SAP
 Subject to Appropriations
6