EX-BGY

NPORT-EX 1 NPORT_226152862622904.htm EX-BGY

Schedule of Investments (unaudited)

March 31, 2019

BlackRock Enhanced International Dividend Trust (BGY)

(Percentages shown are based on Net Assets)


Security	Shares		Value

Common Stocks — 97.8%

Australia — 9.0%
Amcor Ltd.		2,960,763	$	32,394,801
Ansell Ltd.		642,538		11,608,786
Sonic Healthcare Ltd.		960,811		16,768,531

				60,772,118

Canada — 10.7%
Rogers Communications, Inc., Class B		643,635		34,615,219
TELUS Corp.		1,017,097		37,644,043

				72,259,262

China — 1.5%
ANTA Sports Products Ltd.		1,507,600		10,277,297


Denmark — 2.9%
Novo Nordisk A/S, Class B		367,799		19,223,140


Finland — 3.6%
Kone OYJ, Class B		485,106		24,501,822


France — 4.9%
Sanofi		129,433		11,445,000
Schneider Electric SE		274,631		21,555,391

				33,000,391

Germany — 4.6%
Deutsche Post AG, Registered Shares		952,834		31,008,036


India — 1.6%
Hero MotoCorp Ltd.		258,655		9,531,660
Jasper Infotech Private Ltd., Series I, (Acquired 08/08/15, cost $3,948,600)^(a)(b)		5,300		1,477,534

				11,009,194

Japan — 1.6%
Japan Tobacco, Inc.		421,300		10,434,679


Netherlands — 5.2%
Heineken NV		136,860		14,465,287
Koninklijke Philips NV		500,742		20,459,093

				34,924,380

Singapore — 4.4%
DBS Group Holdings Ltd.		829,900		15,491,633
United Overseas Bank Ltd.		772,900		14,420,306

				29,911,939

Sweden — 2.3%
Svenska Handelsbanken AB, Class A		1,471,323		15,534,217


Switzerland — 11.1%
Cie Financiere Richemont SA, Registered Shares		122,405		8,929,846
Nestle SA, Registered Shares		290,932		27,740,486
Novartis AG, Registered Shares		282,575		27,160,953


Security	Shares		Value

Switzerland (continued)
SGS SA, Registered Shares		4,257	$	10,602,896

				74,434,181

Taiwan — 3.0%
Taiwan Semiconductor Manufacturing Co. Ltd.		2,553,000		20,447,122


United Kingdom — 26.7%
AstraZeneca PLC		197,796		15,788,351
BAE Systems PLC		3,484,472		21,902,564
British American Tobacco PLC		737,034		30,747,440
Diageo PLC		465,385		19,044,503
GlaxoSmithKline PLC		1,291,186		26,825,399
Imperial Brands PLC		907,194		31,032,533
RELX PLC		450,469		9,628,594
Unilever PLC		433,115		24,931,221

				179,900,605

United States — 4.7%
3M Co.^(c)(d)		95,531		19,849,431
Microsoft Corp.^(c)(d)		98,435		11,609,424

				31,458,855


Total Common Stocks — 97.8% (Cost — $651,770,699)				659,097,238


Preferred Stock

China — 0.6%
Xiaoju Kuaizhi, Inc., Series A-17 (Acquired 07/28/15, cost $2,106,332)^(a)(b)		76,800		3,548,160


Total Preferred Stocks — 0.6% (Cost — $2,106,332)				3,548,160


Total Long-Term Investments — 98.4% (Cost — $653,877,031)				662,645,398


Short-Term Securities — 0.7%
BlackRock Liquidity Funds, T-Fund, Institutional Class, 2.37%^(e)(f)		4,854,209		4,854,209


Total Short-Term Securities — 0.7% (Cost — $4,854,209)				4,854,209


Total Investments Before Options Written — 99.1% (Cost — $658,731,240)				667,499,607


			1

Schedule of Investments (unaudited) (continued)

March 31, 2019

BlackRock Enhanced International Dividend Trust (BGY)

(Percentages shown are based on Net Assets)


	Value

Options Written — (1.2)% (Premiums Received — $4,657,203)	$	(8,014,454	)


Total Investments, Net of Options Written — 97.9% (Cost — $654,074,037)		659,485,153


	Value

Other Assets Less Liabilities — 2.1%	$	14,257,060


Net Assets — 100.0%	$	673,742,213

^(a)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.

^(b)	Restricted security as to resale, excluding 144A securities. The Trust held restricted securities with a current value of of $5,025,694, representing 0.7% of its net assets as of period end, and an original cost of $6,054,932.

^(c)	All or a portion of the security has been pledged as collateral in connection with outstanding OTC derivatives.

^(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)	Annualized 7-day yield as of period end.

^(f)	During the period ended March 31, 2019, investments in issuers considered to be affiliate of the Trust for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:


Affiliate	Shares Held at 12/31/18		Net Activity			Shares Held at 03/31/19		Value at 03/31/19		Income		Net Realized Gain (Loss)^(a)		Change in Unrealized Appreciation (Depreciation)
BlackRock Liquidity Funds, T-Fund, Institutional Class		25,489,943		(20,635,734	)		4,854,209	$	4,854,209	$	57,939	$	—	$	—

^(a)

Includes net capital gain distributions, if applicable.

For Trust compliance purposes, the Trust’s sector classifications refer to one or more of the sector sub-classifications used by one or more widely recognized market indexes or rating group indexes, and/or as defined by the investment adviser. These definitions may not apply for purposes of this report, which may combine such sector sub-classifications for reporting ease.

Currency Abbreviations

AUD — Australian Dollar

CAD — Canadian Dollar

CHF — Swiss Franc

DKK — Danish Krone

EUR — Euro

GBP — British Pound

HKD — Hong Kong Dollar

JPY — Japanese Yen

SEK — Swedish Krona

SGD — Singapore Dollar

USD — United States Dollar

Portfolio Abbreviations

ADR American Depositary Receipts


2

Schedule of Investments (unaudited) (continued)

March 31, 2019

BlackRock Enhanced International Dividend Trust (BGY)

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
3M Co.		45		04/12/19	USD	205.00	USD	935	$	(20,362	)
Microsoft Corp.		93		04/12/19	USD	113.00	USD	1,097		(49,058	)
3M Co.		30		04/18/19	USD	210.00	USD	623		(6,765	)
Microsoft Corp.		73		04/18/19	USD	110.00	USD	861		(60,590	)
Rogers Communications, Inc., Class B		404		04/18/19	CAD	74.00	CAD	2,904		(8,163	)
Rogers Communications, Inc., Class B		591		04/18/19	CAD	72.00	CAD	4,248		(43,119	)
TELUS Corp.		571		04/18/19	CAD	48.00	CAD	2,824		(71,356	)
3M Co.		89		04/26/19	USD	212.50	USD	1,849		(26,433	)
Microsoft Corp.		73		04/26/19	USD	111.00	USD	861		(59,313	)
3M Co.		88		05/03/19	USD	210.00	USD	1,828		(40,040	)
Microsoft Corp.		64		05/03/19	USD	120.00	USD	755		(16,000	)
Microsoft Corp.		77		05/03/19	USD	117.21	USD	908		(29,451	)
Microsoft Corp.		69		05/10/19	USD	118.25	USD	814		(24,955	)
3M Co.		177		05/17/19	USD	220.00	USD	3,678		(29,647	)
Microsoft Corp.		64		05/17/19	USD	120.00	USD	755		(18,272	)
Microsoft Corp.		78		05/17/19	USD	117.21	USD	920		(30,934	)
TELUS Corp.		571		05/17/19	CAD	48.00	CAD	2,824		(85,243	)

									$	(619,701	)

OTC Options Written


Description	Counterparty	Number of Contracts		Expiration Date		Exercise Price			Notional Amount (000)			Value
Call
ANTA Sports Products Ltd.	Goldman Sachs International		149,000		04/03/19		HKD	45.33		HKD	7,973	$	(157,705	)
ANTA Sports Products Ltd.	JPMorgan Chase Bank N.A.		193,000		04/03/19		HKD	43.31		HKD	10,327		(253,079	)
Amcor Ltd.	JPMorgan Chase Bank N.A.		185,000		04/03/19		AUD	14.81		AUD	2,851		(79,819	)
AstraZeneca PLC	Goldman Sachs International		81,000		04/03/19		GBP	62.20		GBP	4,964		(37,457	)
Cie Financiere Richemont SA, Registered Shares	Goldman Sachs International		55,000		04/03/19		CHF	73.80		CHF	3,995		(20,568	)
DBS Group Holdings Ltd.	JPMorgan Chase Bank N.A.		60,000		04/03/19		SGD	25.47		SGD	1,518		(5,819	)
Diageo PLC	UBS AG		77,800		04/03/19		GBP	30.83		GBP	2,444		(65,959	)
Imperial Brands PLC	Goldman Sachs International		86,300		04/03/19		GBP	26.60		GBP	2,266		(19,108	)
Nestle SA, Registered Shares	Goldman Sachs International		34,500		04/03/19		CHF	88.94		CHF	3,276		(209,417	)
Novo Nordisk A/S, Class B	Goldman Sachs International		58,100		04/03/19		DKK	328.64		DKK	20,210		(169,433	)
RELX PLC	Morgan Stanley & Co. International PLC		69,000		04/03/19		EUR	19.98		EUR	1,314		(210	)
Rogers Communications, Inc., Class B	Citibank N.A.		22,100		04/03/19		CAD	73.66		CAD	1,588		(700	)
Schneider Electric SE	Bank of America N.A.		37,100		04/03/19		EUR	64.74		EUR	2,596		(218,746	)
United Overseas Bank Ltd.	JPMorgan Chase Bank N.A.		118,400		04/03/19		SGD	26.22		SGD	2,994		(1,072	)
GlaxoSmithKline PLC	Goldman Sachs International		286,000		04/04/19		GBP	15.93		GBP	4,562		(64,089	)
BAE Systems PLC	Goldman Sachs International		228,500		04/05/19		GBP	5.30		GBP	1,104		(8,994	)
DBS Group Holdings Ltd.	JPMorgan Chase Bank N.A.		252,400		04/09/19		SGD	25.50		SGD	6,386		(41,377	)
Imperial Brands PLC	Goldman Sachs International		92,000		04/09/19		GBP	25.73		GBP	2,416		(89,402	)
Novo Nordisk A/S, Class B	Goldman Sachs International		22,400		04/09/19		DKK	334.75		DKK	7,792		(46,445	)
RELX PLC	Goldman Sachs International		93,100		04/09/19		EUR	20.59		EUR	1,774		(1,306	)
Schneider Electric SE	Deutsche Bank AG		21,100		04/09/19		EUR	70.03		EUR	1,476		(30,297	)


			3

Schedule of Investments (unaudited) (continued)

March 31, 2019

BlackRock Enhanced International Dividend Trust (BGY)

OTC Options Written (continued)


Description	Counterparty	Number of Contracts		Expiration Date		Exercise Price			Notional Amount (000)			Value
Call
Sonic Healthcare Ltd.	JPMorgan Chase Bank N.A.		52,000		04/09/19		AUD	24.24		AUD	1,278	$	(17,352	)
Svenska Handelsbanken AB, Class A	Deutsche Bank AG		210,800		04/09/19		SEK	105.93		SEK	20,692		(1,063	)
Ansell Ltd.	UBS AG		52,600		04/10/19		AUD	25.32		AUD	1,338		(15,810	)
BAE Systems PLC	Goldman Sachs International		228,400		04/10/19		GBP	5.19		GBP	1,103		(23,643	)
British American Tobacco PLC	Goldman Sachs International		64,700		04/10/19		GBP	31.42		GBP	2,072		(91,484	)
Diageo PLC	Goldman Sachs International		33,700		04/10/19		GBP	30.30		GBP	1,059		(52,207	)
GlaxoSmithKline PLC	UBS AG		34,800		04/10/19		GBP	15.75		GBP	555		(15,454	)
Koninklijke Philips NV	Goldman Sachs International		40,000		04/10/19		EUR	36.69		EUR	1,457		(17,999	)
Novartis AG, Registered Shares	Morgan Stanley & Co. International PLC		10,300		04/10/19		CHF	91.09		CHF	986		(49,516	)
Rogers Communications, Inc., Class B	Goldman Sachs International		36,500		04/10/19		CAD	72.05		CAD	2,623		(19,676	)
Schneider Electric SE	Goldman Sachs International		21,100		04/10/19		EUR	70.77		EUR	1,476		(23,213	)
TELUS Corp.	Morgan Stanley & Co. International PLC		31,200		04/10/19		CAD	47.60		CAD	1,149		(45,029	)
Unilever PLC	UBS AG		7,200		04/10/19		GBP	42.11		GBP	318		(20,885	)
ANTA Sports Products Ltd.	Goldman Sachs International		277,000		04/11/19		HKD	50.73		HKD	14,822		(120,989	)
Amcor Ltd.	Morgan Stanley & Co. International PLC		185,000		04/11/19		AUD	14.82		AUD	2,851		(81,160	)
Japan Tobacco, Inc.	Goldman Sachs International		51,700		04/11/19		JPY	2,845.05		JPY	141,918		(2,908	)
Kone OYJ, Class B	Goldman Sachs International		62,600		04/11/19		EUR	44.07		EUR	2,819		(90,441	)
Taiwan Semiconductor Manufacturing Co. Ltd.	Citibank N.A.		118,000		04/11/19		USD	237.66		USD	29,127		(32,356	)
British American Tobacco PLC	UBS AG		90,800		04/16/19		GBP	29.20		GBP	2,908		(349,858	)
Amcor Ltd.	Morgan Stanley & Co. International PLC		318,000		04/17/19		AUD	15.17		AUD	4,900		(79,152	)
Ansell Ltd.	Morgan Stanley & Co. International PLC		91,800		04/17/19		AUD	25.27		AUD	2,335		(35,430	)
AstraZeneca PLC	Goldman Sachs International		8,000		04/17/19		GBP	64.59		GBP	490		(2,913	)
Deutsche Post AG, Registered Shares	Goldman Sachs International		100,100		04/17/19		EUR	27.59		EUR	2,904		(175,795	)
Heineken NV	Goldman Sachs International		22,300		04/17/19		EUR	90.72		EUR	2,101		(102,059	)
Novartis AG	UBS AG		63,500		04/17/19		CHF	89.81		CHF	6,078		(389,702	)
Novo Nordisk A/S, Class B	Goldman Sachs International		41,000		04/17/19		DKK	328.10		DKK	14,262		(127,528	)
SGS SA	Citibank N.A.		1,000		04/17/19		CHF	2,538.00		CHF	2,480		(19,404	)
Taiwan Semiconductor Manufacturing Co. Ltd.	Citibank N.A.		118,000		04/17/19		USD	237.66		USD	29,127		(34,021	)
Unilever PLC	Goldman Sachs International		59,400		04/17/19		GBP	40.66		GBP	2,625		(282,935	)
United Overseas Bank Ltd.	Morgan Stanley & Co. International PLC		118,400		04/17/19		SGD	26.07		SGD	2,994		(12,806	)
BAE Systems PLC	Goldman Sachs International		316,000		04/23/19		GBP	4.87		GBP	1,526		(52,942	)
British American Tobacco PLC	Goldman Sachs International		64,700		04/23/19		GBP	32.80		GBP	2,072		(57,066	)
DBS Group Holdings Ltd.	JPMorgan Chase Bank N.A.		61,000		04/23/19		SGD	25.48		SGD	1,543		(16,206	)
Diageo PLC	Goldman Sachs International		33,700		04/23/19		GBP	30.31		GBP	1,059		(56,108	)
Schneider Electric SE	Goldman Sachs International		18,500		04/23/19		EUR	70.96		EUR	1,294		(30,048	)
Amcor Ltd.	Morgan Stanley & Co. International PLC		247,700		04/24/19		AUD	14.90		AUD	3,817		(103,046	)


4

Schedule of Investments (unaudited) (continued)

March 31, 2019

BlackRock Enhanced International Dividend Trust (BGY)

OTC Options Written (continued)


Description	Counterparty	Number of Contracts		Expiration Date		Exercise Price			Notional Amount (000)			Value
Call
Diageo PLC	Morgan Stanley & Co. International PLC		20,600		04/24/19		GBP	30.66		GBP	647	$	(26,852	)
Kone OYJ, Class B	Goldman Sachs International		55,900		04/24/19		EUR	44.79		EUR	2,517		(68,845	)
Sanofi	Goldman Sachs International		29,150		04/24/19		EUR	78.72		EUR	2,298		(47,139	)
Sonic Healthcare Ltd.	Goldman Sachs International		89,000		04/24/19		AUD	24.87		AUD	2,188		(15,927	)
TELUS Corp.	Citibank N.A.		24,900		04/24/19		CAD	47.27		CAD	917		(47,864	)
ANTA Sports Products Ltd.	Morgan Stanley & Co. International PLC		406,000		04/25/19		HKD	53.03		HKD	21,725		(123,281	)
Deutsche Post AG, Registered Shares	Goldman Sachs International		107,000		04/25/19		EUR	29.14		EUR	3,104		(70,616	)
GlaxoSmithKline PLC	Goldman Sachs International		260,300		04/25/19		GBP	15.74		GBP	4,152		(150,730	)
Svenska Handelsbanken AB, Class A	Credit Suisse International		451,200		04/25/19		SEK	102.80		SEK	44,290		(37,513	)
Unilever PLC	Credit Suisse International		128,400		04/25/19		GBP	44.41		GBP	5,675		(159,910	)
Imperial Brands PLC	Goldman Sachs International		125,700		04/26/19		GBP	26.87		GBP	3,301		(59,908	)
TELUS Corp.	Citibank N.A.		24,900		04/29/19		CAD	47.75		CAD	917		(41,153	)
British American Tobacco PLC	Goldman Sachs International		37,800		04/30/19		GBP	31.48		GBP	1,211		(72,597	)
Deutsche Post AG, Registered Shares	UBS AG		150,500		04/30/19		EUR	29.30		EUR	4,366		(97,238	)
Taiwan Semiconductor Manufacturing Co. Ltd.	Goldman Sachs International		494,400		04/30/19		USD	236.85		USD	122,038		(165,490	)
United Overseas Bank Ltd.	JPMorgan Chase Bank N.A.		111,000		04/30/19		SGD	25.26		SGD	2,807		(47,846	)
Ansell Ltd.	JPMorgan Chase Bank N.A.		43,400		05/01/19		AUD	25.15		AUD	1,104		(23,317	)
Novo Nordisk A/S, Class B	Goldman Sachs International		26,900		05/01/19		DKK	349.11		DKK	9,357		(34,901	)
Amcor Ltd.	UBS AG		396,600		05/02/19		AUD	15.03		AUD	6,112		(141,930	)
Diageo PLC - ADR	Morgan Stanley & Co. International PLC		32,600		05/02/19		GBP	30.90		GBP	1,024		(38,157	)
Imperial Brands PLC	Morgan Stanley & Co. International PLC		13,500		05/02/19		GBP	26.65		GBP	355		(9,553	)
Sonic Healthcare Ltd.	Morgan Stanley & Co. International PLC		120,600		05/02/19		AUD	24.72		AUD	2,964		(36,682	)
TELUS Corp.	Royal Bank of Canada		53,500		05/06/19		CAD	47.20		CAD	1,971		(100,643	)
Ansell Ltd.	Goldman Sachs International		43,400		05/07/19		AUD	25.49		AUD	1,104		(19,026	)
BAE Systems PLC	Goldman Sachs International		435,600		05/07/19		GBP	4.77		GBP	2,104		(72,937	)
Nestle SA, Registered Shares	Morgan Stanley & Co. International PLC		45,600		05/07/19		CHF	95.44		CHF	4,330		(30,996	)
SGS SA	Goldman Sachs International		1,000		05/07/19		CHF	2,593.68		CHF	2,480		(17,044	)
Sanofi	Morgan Stanley & Co. International PLC		29,150		05/07/19		EUR	78.72		EUR	2,298		(58,507	)
Schneider Electric SE	Goldman Sachs International		25,700		05/07/19		EUR	69.41		EUR	1,798		(46,894	)
Taiwan Semiconductor Manufacturing Co. Ltd.	JPMorgan Chase Bank N.A.		494,000		05/07/19		USD	244.11		USD	121,939		(98,726	)
Deutsche Post AG, Registered Shares	UBS AG		89,700		05/08/19		EUR	28.93		EUR	2,602		(89,579	)
Diageo PLC	Morgan Stanley & Co. International PLC		5,000		05/08/19		GBP	31.46		GBP	157		(4,144	)
Heineken NV	Goldman Sachs International		45,000		05/08/19		EUR	94.54		EUR	4,240		(85,631	)
Kone OYJ, Class B	Goldman Sachs International		65,150		05/08/19		EUR	44.63		EUR	2,934		(113,700	)
Novartis AG, Registered Shares	UBS AG		53,400		05/08/19		CHF	94.79		CHF	5,111		(134,109	)


			5

Schedule of Investments (unaudited) (continued)

March 31, 2019

BlackRock Enhanced International Dividend Trust (BGY)

OTC Options Written (continued)


Description	Counterparty	Number of Contracts		Expiration Date		Exercise Price			Notional Amount (000)			Value
Call
RELX PLC	Goldman Sachs International		40,700		05/08/19		EUR	19.27		EUR	775	$	(16,577	)
Sonic Healthcare Ltd.	UBS AG		95,000		05/08/19		AUD	24.42		AUD	2,335		(41,575	)
Japan Tobacco, Inc.	UBS AG		44,000		05/09/19		JPY	2,909.75		JPY	120,781		(3,754	)
Koninklijke Philips NV	Credit Suisse International		68,700		05/09/19		EUR	36.26		EUR	2,502		(87,366	)
Koninklijke Philips NV	Morgan Stanley & Co. International PLC		82,000		05/09/19		EUR	37.20		EUR	2,986		(62,484	)
TELUS Corp.	Morgan Stanley & Co. International PLC		75,400		05/10/19		CAD	49.50		CAD	2,778		(44,726	)
TELUS Corp.	Goldman Sachs International		62,200		05/13/19		CAD	48.56		CAD	2,291		(72,148	)
Diageo PLC	Morgan Stanley & Co. International PLC		6,100		05/14/19		GBP	31.63		GBP	192		(4,438	)
Kone OYJ, Class B	UBS AG		34,600		05/14/19		EUR	45.55		EUR	1,558		(42,795	)
Novo Nordisk A/S, Class B	Goldman Sachs International		17,100		05/14/19		DKK	352.77		DKK	5,948		(22,244	)
BAE Systems PLC	UBS AG		129,100		05/15/19		GBP	4.95		GBP	624		(10,511	)
Japan Tobacco, Inc.	Citibank N.A.		51,700		05/15/19		JPY	2,835.66		JPY	141,918		(13,259	)
Koninklijke Philips NV	Morgan Stanley & Co. International PLC		34,600		05/15/19		EUR	36.28		EUR	1,260		(32,212	)
Nestle SA, Registered Shares	UBS AG		57,100		05/15/19		CHF	94.72		CHF	5,422		(59,563	)
Sonic Healthcare Ltd.	UBS AG		75,800		05/15/19		AUD	24.53		AUD	1,863		(32,047	)
Rogers Communications, Inc., Class B	Morgan Stanley & Co. International PLC		131,500		05/17/19		CAD	72.68		CAD	9,451		(129,505	)
Ansell Ltd.	UBS AG		58,000		05/21/19		AUD	25.82		AUD	1,476		(22,746	)
BAE Systems PLC	Credit Suisse International		230,400		05/22/19		GBP	4.63		GBP	1,113		(70,150	)
TELUS Corp.	Goldman Sachs International		35,600		05/24/19		CAD	48.70		CAD	1,312		(42,540	)
TELUS Corp.	Royal Bank of Canada		35,700		05/29/19		CAD	49.60		CAD	1,315		(25,522	)

												$	(7,394,753	)


6

Schedule of Investments (unaudited) (continued)

March 31, 2019

BlackRock Enhanced International Dividend Trust (BGY)

Fair Value Hierarchy as of Period End

Various inputs are used in determining the fair value of investments and derivative financial instruments. 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 for identical assets or liabilities that the Trust has the ability to access

•

Level 2 — Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs)

•

Level 3 — Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Trust’s own assumptions used in determining the fair value of investments and derivative 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 BlackRock Global Valuation Methodologies Committee (the “Global Valuation Committee”) in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. Level 3 investments may also be adjusted to reflect illiquidity and/or non-transferability, with the amount of such discount estimated by the Global Valuation Committee in the absence of market information.

Changes in valuation techniques may result in transfers into or out of an assigned level within the hierarchy. In accordance with the Trust’s policy, transfers between different levels of the fair value hierarchy are deemed to have occurred as of the beginning of the reporting period. The categorization of a value determined for investments and derivative financial instruments is based on the pricing transparency of the investments and derivative 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 investments and derivative financial instruments, refer to the Trust’s most recent financial statements as contained in its annual report.

The following tables summarize the Trust’s investments and derivative financial instruments categorized in the disclosure hierarchy:


	Level 1		Level 2		Level 3		Total
Assets:
Investments:
Common Stocks:
Australia	$	—	$	60,772,118	$	—	$	60,772,118
Canada		72,259,262		—		—		72,259,262
China		—		10,277,297		—		10,277,297
Denmark		—		19,223,140		—		19,223,140
Finland		—		24,501,822		—		24,501,822
France		—		33,000,391		—		33,000,391
Germany		—		31,008,036		—		31,008,036
India		—		9,531,660		1,477,534		11,009,194
Japan		—		10,434,679		—		10,434,679
Netherlands		—		34,924,380		—		34,924,380
Singapore		—		29,911,939		—		29,911,939
Sweden		—		15,534,217		—		15,534,217
Switzerland		—		74,434,181		—		74,434,181
Taiwan		—		20,447,122		—		20,447,122
United Kingdom		—		179,900,605		—		179,900,605
United States		31,458,855		—		—		31,458,855
Preferred Stock		—		—		3,548,160		3,548,160
Short-Term Securities		4,854,209		—		—		4,854,209

	$	108,572,326	$	553,901,587	$	5,025,694	$	667,499,607


			7

Schedule of Investments (unaudited) (continued)

March 31, 2019

BlackRock Enhanced International Dividend Trust (BGY)

Fair Value Hierarchy as of Period End (continued)


	Level 1			Level 2			Level 3		Total
Derivative Financial Instruments^(a)
Liabilities:
Equity contracts	$	(534,361	)	$	(7,480,093	)	$	—	$	(8,014,454	)

^(a)

Derivative financial instruments are options written, which are shown at value.

During the period ended March 31, 2019, there were no transfers between Level 1 and Level 2.


8