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BlackRock Advisors has updated the investment policy for BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ). The Board of Trustees authorized the Trust to invest up to 10% of its total assets in private investments, focusing on providing current income and gains while aiming for long-term capital appreciation. The Trust typically invests at least 80% of its assets in dividend-paying equities and may utilize an option writing strategy to enhance shareholder distributions.
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