UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number 811-21784
Name of Fund: BlackRock Enhanced Dividend AchieversTM Trust (BDJ)
Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809
Name and address of agent for service: Donald C. Burke, Chief Executive Officer, BlackRock Enhanced Dividend AchieversTM Trust, 800 Scudders Mill Road, Plainsboro, NJ, 08536. Mailing address: P.O. Box 9011, Princeton, NJ, 08543-9011
Registrant’s telephone number, including area code: (800) 882-0052, Option 4
Date of fiscal year end: 10/31/2008
Date of reporting period: 05/01/2008 – 07/31/2008
Item 1 – Schedule of Investments
|
|
|
|
Schedule of Investments July 31, 2008 (Unaudited) |
BlackRock Enhanced Dividend |
|
|
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
Shares |
|
Common Stocks |
|
Value |
|
||
|
|
|
|
|
|
|
||
|
|
|
|
Aerospace & Defense—0.6% |
|
|
|
|
|
|
23,800 |
|
General Dynamics Corp. |
|
$ |
2,121,532 |
|
|
|
38,200 |
|
United Technologies Corp. |
|
|
2,444,036 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4,565,568 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic Materials—1.3% |
|
|
|
|
|
|
86,500 |
|
PPG Industries, Inc.(a) |
|
|
5,245,360 |
|
|
|
250,900 |
|
RPM Intl., Inc. |
|
|
5,143,450 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10,388,810 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Building & Development—0.2% |
|
|
|
|
|
|
110,800 |
|
Masco Corp. |
|
|
1,827,092 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consumer Products—21.8% |
|
|
|
|
|
|
529,600 |
|
Altria Group, Inc.(a) |
|
|
10,777,360 |
|
|
|
238,350 |
|
Anheuser-Busch Cos., Inc. |
|
|
16,150,596 |
|
|
|
74,000 |
|
Clorox Co. |
|
|
4,033,000 |
|
|
|
592,900 |
|
Coca-Cola Co. (The) |
|
|
30,534,350 |
|
|
|
55,000 |
|
Colgate-Palmolive Co. |
|
|
4,084,850 |
|
|
|
113,325 |
|
Harley-Davidson, Inc. |
|
|
4,288,218 |
|
|
|
29,800 |
|
Hillenbrand, Inc. |
|
|
689,870 |
|
|
|
439,000 |
|
Home Depot, Inc. |
|
|
10,461,370 |
|
|
|
198,000 |
|
Kimberly-Clark Corp. |
|
|
11,450,340 |
|
|
|
290,350 |
|
McDonald’s Corp. |
|
|
17,360,026 |
|
|
|
120,000 |
|
PepsiCo, Inc. |
|
|
7,987,200 |
|
|
|
527,400 |
|
Philip Morris Intl., Inc.(a) |
|
|
27,240,210 |
|
|
|
221,000 |
|
Procter & Gamble Co.(a) |
|
|
14,471,080 |
|
|
|
80,800 |
|
Stanley Works (The)(a) |
|
|
3,593,984 |
|
|
|
73,961 |
|
Universal Corp. |
|
|
3,817,867 |
|
|
|
85,250 |
|
Wal-Mart Stores, Inc. |
|
|
4,997,355 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
171,937,676 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Energy—12.0% |
|
|
|
|
|
|
81,000 |
|
Atmos Energy Corp.(a) |
|
|
2,144,070 |
|
|
|
392,000 |
|
Chevron Corp. |
|
|
33,147,520 |
|
|
|
413,000 |
|
Consolidated Edison, Inc. |
|
|
16,396,100 |
|
|
|
93,400 |
|
Exxon Mobil Corp. |
|
|
7,512,162 |
|
|
|
66,700 |
|
FPL Group, Inc. |
|
|
4,304,151 |
|
|
|
92,000 |
|
Integrys Energy Group, Inc. |
|
|
4,697,520 |
|
|
|
231,000 |
|
Pinnacle West Capital Corp. |
|
|
7,754,670 |
|
|
|
387,700 |
|
Progress Energy, Inc. |
|
|
16,403,587 |
|
|
|
79,000 |
|
Vectren Corp. |
|
|
2,306,800 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
94,666,580 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial Institutions—24.2% |
|
|
|
|
|
|
119,000 |
|
American Capital Ltd.(b) |
|
|
2,418,080 |
|
|
|
78,300 |
|
Associated Banc-Corp |
|
|
1,306,827 |
|
|
|
1,050,000 |
|
Bank of America Corp.(a) |
|
|
34,545,000 |
|
|
|
503,400 |
|
BB&T Corp.(a)(b) |
|
|
14,105,268 |
|
|
|
588,000 |
|
Citigroup, Inc.(a) |
|
|
10,989,720 |
|
|
|
330,000 |
|
Comerica, Inc. |
|
|
9,477,600 |
|
|
|
406,800 |
|
Fifth Third Bancorp |
|
|
5,682,996 |
|
|
|
78,000 |
|
First Midwest Bancorp, Inc. |
|
|
1,601,340 |
|
|
|
104,000 |
|
FirstMerit Corp. |
|
|
2,046,720 |
|
|
|
149,700 |
|
FNB Corp. |
|
|
1,696,101 |
|
|
|
409,000 |
|
Fulton Financial Corp. |
|
|
4,310,860 |
|
|
|
573,000 |
|
KeyCorp |
|
|
6,045,150 |
|
|
|
117,000 |
|
Lincoln National Corp. |
|
|
5,580,900 |
|
|
|
99,000 |
|
Marshall & Ilsley Corp. |
|
|
1,504,800 |
|
|
|
95,500 |
|
Mercury General Corp. |
|
|
4,823,705 |
|
|
|
28,500 |
|
Northern Trust Corp. |
|
|
2,227,845 |
|
|
|
27,000 |
|
State Street Corp. |
|
|
1,934,280 |
|
|
|
143,000 |
|
SunTrust Banks, Inc.(b) |
|
|
5,871,580 |
|
|
|
487,000 |
|
Synovus Financial Corp. |
|
|
4,631,370 |
|
|
|
80,000 |
|
T. Rowe Price Group, Inc. |
|
|
4,788,000 |
|
|
|
898,000 |
|
U.S. Bancorp(a) |
|
|
27,487,780 |
|
|
|
106,100 |
|
Valley National Bancorp |
|
|
2,094,414 |
|
|
|
496,000 |
|
Washington Mutual, Inc.(b) |
|
|
2,643,680 |
|
|
|
1,088,000 |
|
Wells Fargo & Co. |
|
|
32,933,760 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
190,747,776 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Health Care—14.2% |
|
|
|
|
|
|
437,950 |
|
Abbott Laboratories(a) |
|
|
24,674,103 |
|
|
|
555,000 |
|
Eli Lilly & Co. |
|
|
26,146,050 |
|
|
|
35,700 |
|
Hill-Rom Holdings, Inc. |
|
|
1,002,813 |
|
|
|
359,050 |
|
Johnson & Johnson |
|
|
24,584,153 |
|
|
|
|
|
|
|
|
|
|
|
Shares |
|
Common Stocks |
|
Value |
|
||
|
|
|
|
|
|
|
|
|
|
|
|
|
Health Care— (cont’d) |
|
|
|
|
|
|
41,800 |
|
Medtronic, Inc. |
|
$ |
2,208,294 |
|
|
|
1,796,000 |
|
Pfizer, Inc.(a) |
|
|
33,531,320 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
112,146,733 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Industrials—8.9% |
|
|
|
|
|
|
215,800 |
|
3M Co.(a) |
|
|
15,190,162 |
|
|
|
143,400 |
|
Caterpillar, Inc. |
|
|
9,969,168 |
|
|
|
186,800 |
|
Emerson Electric Co. |
|
|
9,097,160 |
|
|
|
1,186,000 |
|
General Electric Co. |
|
|
33,551,940 |
|
|
|
114,700 |
|
Leggett & Platt, Inc. |
|
|
2,236,650 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
70,045,080 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Media—0.3% |
|
|
|
|
|
|
71,000 |
|
Gannet Co., Inc. |
|
|
1,286,520 |
|
|
|
113,000 |
|
New York Times Co. (The), Class A |
|
|
1,422,670 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,709,190 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Real Estate Investment Trust—2.7% |
|
|
|
|
|
|
142,800 |
|
Duke Realty Corp. |
|
|
3,531,444 |
|
|
|
72,800 |
|
General Growth Properties, Inc. |
|
|
1,995,448 |
|
|
|
71,000 |
|
HCP, Inc. |
|
|
2,560,970 |
|
|
|
69,900 |
|
Kimco Realty Corp. |
|
|
2,466,771 |
|
|
|
144,700 |
|
Lexington Realty Trust |
|
|
2,083,680 |
|
|
|
52,200 |
|
Liberty Property Trust |
|
|
1,900,080 |
|
|
|
139,200 |
|
Realty Income Corp.(b) |
|
|
3,506,448 |
|
|
|
32,350 |
|
Vornado Realty Trust |
|
|
3,075,515 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
21,120,356 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Technology—2.9% |
|
|
|
|
|
|
101,360 |
|
Automatic Data Processing, Inc. |
|
|
4,329,086 |
|
|
|
55,300 |
|
Intl. Business Machines Corp. |
|
|
7,077,294 |
|
|
|
159,300 |
|
Linear Technology Corp. |
|
|
4,946,265 |
|
|
|
216,000 |
|
Pitney Bowes, Inc. |
|
|
6,845,040 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
23,197,685 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Telecommunications—4.4% |
|
|
|
|
|
|
1,091,600 |
|
AT&T Inc.(a) |
|
|
33,632,196 |
|
|
|
33,000 |
|
CenturyTel, Inc. |
|
|
1,227,270 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
34,859,466 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Common Stocks |
|
|
738,212,012 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Short-Term Securities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Money Market Funds—7.1% |
|
|
|
|
|
|
25,633,200 |
|
BlackRock Liquidity Series, LLC Money Market Series, 2.63%(c)(d)(e) |
|
|
25,633,200 |
|
|
|
30,184,554 |
|
Fidelity Institutional Money Market Prime Portfolio, 2.45%(c) |
|
|
30,184,554 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Short-Term Securities |
|
|
55,817,754 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Investments Before Outstanding Options Written (Cost—$982,526,047*)—100.6% |
|
|
794,029,766 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Contracts |
|
Options Written |
|
|
|
||
|
|
|
|
|
|
|
|
|
|
|
|
|
Outstanding Call Options Written—(1.4)% |
|
|
|
|
|
|
(600 |
) |
3M Co., strike price $72, expires 08/29/08 |
|
|
(71,424 |
) |
|
|
(590 |
) |
3M Co., strike price $73, expires 09/12/08 |
|
|
(59,944 |
) |
|
|
(230 |
) |
Abbott Laboratories, strike price $57.50, expires 09/22/08 |
|
|
(35,650 |
) |
|
|
(218,000 |
) |
Abbott Laboratories, strike price $57.60, expires 09/05/08 |
|
|
(241,936 |
) |
|
|
(1,325 |
) |
Altria Group, Inc., strike price $21, expires 08/18/08 |
|
|
(23,187 |
) |
|
|
(1,580 |
) |
Altria Group, Inc., strike price $21.25, expires 08/29/08 |
|
|
(37,794 |
) |
|
|
(40,000 |
) |
Anheuser-Busch Cos., Inc., strike price $34.25, expires 09/22/08 |
|
|
(73,368 |
) |
|
|
(91,000 |
) |
Anheuser-Busch Cos., Inc., strike price $62.52, expires 08/22/08 |
|
|
(478,815 |
) |
|
|
(146,808 |
) |
AT&T Inc., strike price $33.48, expires 09/02/08 |
|
|
(37,583 |
) |
1
|
|
|
|
Schedule of Investments July 31, 2008 (Unaudited) |
BlackRock Enhanced Dividend |
|
|
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
Contracts |
|
Options Written |
|
Value |
|
||
|
|
|
|
|
|
|
|
|
|
|
|
|
Outstanding Call Options Written— (cont’d) |
|
|
|
|
|
|
(2,100 |
) |
AT&T Inc., strike price $35, expires 08/18/08 |
|
$ |
(6,300 |
) |
|
|
(1,435 |
) |
AT&T Inc., strike price $35, expires 09/22/08 |
|
|
(27,983 |
) |
|
|
(1,000 |
) |
AT&T Inc., strike price $35, expires 10/20/08 |
|
|
(39,000 |
) |
|
|
(19,000 |
) |
Atmos Energy Corp., strike price $28.10, expires 08/29/08 |
|
|
(1,176 |
) |
|
|
(560 |
) |
Automatic Data Processing, Inc., strike price $45, expires 08/18/08 |
|
|
(5,600 |
) |
|
|
(1,000 |
) |
Bank of America Corp., strike price $27.50, expires 08/18/08 |
|
|
(590,000 |
) |
|
|
(1,750 |
) |
Bank of America Corp., strike price $30, expires 08/18/08 |
|
|
(673,750 |
) |
|
|
(1,500 |
) |
Bank of America Corp., strike price $32.50, expires 08/18/08 |
|
|
(324,000 |
) |
|
|
(1,500 |
) |
Bank of America Corp., strike price $32.50, expires 09/22/08 |
|
|
(513,750 |
) |
|
|
(500 |
) |
BB&T Corp., strike price $27.50, expires 08/18/08 |
|
|
(92,500 |
) |
|
|
(850 |
) |
BB&T Corp., strike price $30, expires 08/18/08 |
|
|
(59,500 |
) |
|
|
(1,400 |
) |
BB&T Corp., strike price $30, expires 09/22/08 |
|
|
(238,000 |
) |
|
|
(49,900 |
) |
Caterpillar, Inc., strike price $74, expires 08/29/08 |
|
|
(47,086 |
) |
|
|
(290 |
) |
Caterpillar, Inc., strike price $74, expires 09/04/08 |
|
|
(30,433 |
) |
|
|
(2,150 |
) |
Chevron Corp., strike price $90, expires 09/22/08 |
|
|
(370,875 |
) |
|
|
(1,000 |
) |
Citigroup, Inc., strike price $20, expires 08/18/08 |
|
|
(49,000 |
) |
|
|
(1,000 |
) |
Citigroup, Inc., strike price $20, expires 09/22/08 |
|
|
(116,000 |
) |
|
|
(1,235 |
) |
Citigroup, Inc., strike price $22.50, expires 09/22/08 |
|
|
(55,575 |
) |
|
|
(410 |
) |
Clorox Co., strike price $55, expires 09/22/08 |
|
|
(82,000 |
) |
|
|
(770 |
) |
Coca-Cola Co. (The), strike price $52.50, expires 08/18/08 |
|
|
(42,350 |
) |
|
|
(430 |
) |
Coca-Cola Co. (The), strike price $52.50, expires 09/22/08 |
|
|
(47,300 |
) |
|
|
(56,000 |
) |
Coca-Cola Co. (The), strike price $53, expires 09/30/08 |
|
|
(63,112 |
) |
|
|
(1,500 |
) |
Coca-Cola Co. (The), strike price $55, expires 08/18/08 |
|
|
(15,000 |
) |
|
|
(2 |
) |
Coca-Cola Co. (The), strike price $55, expires 09/22/08 |
|
|
(80 |
) |
|
|
(150 |
) |
Colgate-Palmolive Co., strike price $72, expires 09/08/08 |
|
|
(50,832 |
) |
|
|
(15,250 |
) |
Colgate-Palmolive Co., strike price $75, expires 09/29/08 |
|
|
(30,866 |
) |
|
|
(250 |
) |
Comerica, Inc., strike price $30, expires 08/18/08 |
|
|
(33,125 |
) |
|
|
(810 |
) |
Comerica, Inc., strike price $35, expires 08/18/08 |
|
|
(12,150 |
) |
|
|
(500 |
) |
Comerica, Inc., strike price $35, expires 09/22/08 |
|
|
(42,500 |
) |
|
|
(250 |
) |
Comerica, Inc., strike price $35, expires 10/20/08 |
|
|
(36,875 |
) |
|
|
(500 |
) |
Consolidated Edison, Inc., strike price $40, expires 08/18/08 |
|
|
(20,000 |
) |
|
|
(500 |
) |
Duke Realty Corp., strike price $25, expires 08/18/08 |
|
|
(37,500 |
) |
|
|
(28,000 |
) |
Duke Realty Corp., strike price $27.50, expires 09/19/08 |
|
|
(14,722 |
) |
|
|
(2,500 |
) |
Eli Lilly & Co., strike price $50, expires 09/22/08 |
|
|
(125,000 |
) |
|
|
(555 |
) |
Eli Lilly & Co., strike price $55, expires 10/20/08 |
|
|
(20,812 |
) |
|
|
(570 |
) |
Emerson Electric Co., strike price $51, expires 09/24/08 |
|
|
(69,882 |
) |
|
|
|
|
|
|
|
|
|
|
Contracts |
|
Options Written |
|
Value |
|
||
|
|
|
|
|
|
|
|
|
|
|
|
|
Outstanding Call Options Written— (cont’d) |
|
|
|
|
|
|
(46,000 |
) |
Emerson Electric Co., strike price $52, expires 09/15/08 |
|
$ |
(36,050 |
) |
|
|
(200 |
) |
Fifth Third Bancorp, strike price $15, expires 08/18/08 |
|
|
(9,000 |
) |
|
|
(900 |
) |
Fifth Third Bancorp, strike price $15, expires 09/22/08 |
|
|
(103,500 |
) |
|
|
(50,000 |
) |
Fifth Third Bancorp, strike price $16, expires 09/19/08 |
|
|
(36,950 |
) |
|
|
(16 |
) |
Fifth Third Bancorp, strike price $17.50, expires 09/22/08 |
|
|
(640 |
) |
|
|
(43,000 |
) |
First Midwest Bancorp, Inc., strike price $26, expires 09/29/08 |
|
|
(23,220 |
) |
|
|
(10 |
) |
FirstMerit Corp., strike price $20, expires 08/18/08 |
|
|
(800 |
) |
|
|
(250 |
) |
FirstMerit Corp., strike price $20, expires 09/22/08 |
|
|
(28,750 |
) |
|
|
(36,700 |
) |
FPL Group, Inc., strike price $65, expires 09/29/08 |
|
|
(96,928 |
) |
|
|
(130 |
) |
General Dynamics Corp., strike price $85, expires 08/18/08 |
|
|
(60,450 |
) |
|
|
(1,000 |
) |
General Electric Co., strike price $30, expires 08/18/08 |
|
|
(14,000 |
) |
|
|
(2,000 |
) |
General Electric Co., strike price $30, expires 09/22/08 |
|
|
(105,000 |
) |
|
|
(100,000 |
) |
General Electric Co., strike price $31, expires 10/17/08 |
|
|
(38,610 |
) |
|
|
(22,500 |
) |
Harley-Davidson, Inc., strike price $38.75, expires 08/19/08 |
|
|
(17,712 |
) |
|
|
(400 |
) |
Harley-Davidson, Inc., strike price $40, expires 08/18/08 |
|
|
(16,000 |
) |
|
|
(300 |
) |
HCP, Inc., strike price $38.50, expires 09/17/08 |
|
|
(27,594 |
) |
|
|
(100 |
) |
HCP, Inc., strike price $40, expires 10/20/08 |
|
|
(9,250 |
) |
|
|
(20,000 |
) |
Hill-Rom Holdings, Inc., strike price $30, expires 09/29/08 |
|
|
(22,572 |
) |
|
|
(29,800 |
) |
Hillenbrand, Inc., strike price $23.36, expires 09/29/08 |
|
|
(45,543 |
) |
|
|
(750 |
) |
Home Depot, Inc., strike price $25, expires 09/22/08 |
|
|
(76,500 |
) |
|
|
(750 |
) |
Home Depot, Inc., strike price $27.50, expires 09/22/08 |
|
|
(26,250 |
) |
|
|
(450 |
) |
Home Depot, Inc., strike price $27.50, expires 09/29/08 |
|
|
(20,227 |
) |
|
|
(37,000 |
) |
Integrys Energy Group, Inc., strike price $52, expires 09/29/08 |
|
|
(34,780 |
) |
|
|
(14,000 |
) |
Integrys Energy Group, Inc., strike price $53, expires 08/29/08 |
|
|
(9,076 |
) |
|
|
(10,000 |
) |
Intl. Business Machines Corp., strike price $126, expires 08/13/08 |
|
|
(30,285 |
) |
|
|
(56 |
) |
Intl. Business Machines Corp., strike price $130, expires 09/22/08 |
|
|
(17,920 |
) |
|
|
(150 |
) |
Intl. Business Machines Corp., strike price $130, expires 10/20/08 |
|
|
(73,500 |
) |
|
|
(120,000 |
) |
Johnson & Johnson, strike price $67.85, expires 09/04/08 |
|
|
(182,004 |
) |
|
|
(78,000 |
) |
Johnson & Johnson, strike price $68, expires 08/28/08 |
|
|
(87,883 |
) |
|
|
(1,000 |
) |
KeyCorp, strike price $12.50, expires 09/22/08 |
|
|
(35,000 |
) |
|
|
(250 |
) |
Kimberly-Clark Corp., strike price $65, expires 10/20/08 |
|
|
(6,250 |
) |
|
|
(36,500 |
) |
Kimco Realty Corp., strike price $38, expires 08/22/08 |
|
|
(18,385 |
) |
|
|
(160 |
) |
Liberty Property Trust, strike price $35, expires 08/18/08 |
|
|
(33,200 |
) |
|
|
(130 |
) |
Liberty Property Trust, strike price $40, expires 09/22/08 |
|
|
(10,725 |
) |
2
|
|
|
|
Schedule of Investments July 31, 2008 (Unaudited) (continued) |
BlackRock Enhanced Dividend |
|
|
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
Contracts |
|
Options Written |
|
Value |
|
||
|
|
|||||||
|
|
|
|
Outstanding Call Options Written— |
|
|||
|
|
(200 |
) |
Lincoln National Corp., strike price $50, expires 08/18/08 |
|
$ |
(14,500 |
) |
|
|
(200 |
) |
Lincoln National Corp., strike price $50, expires 09/22/08 |
|
|
(36,500 |
) |
|
|
(335 |
) |
Lincoln National Corp., strike price $55, expires 10/20/08 |
|
|
(27,638 |
) |
|
|
(475 |
) |
Linear Technology Corp., strike price $35, expires 08/18/08 |
|
|
(2,375 |
) |
|
|
(40,000 |
) |
Linear Technology Corp., strike price $35, expires 08/29/08 |
|
|
(7,096 |
) |
|
|
(240 |
) |
Marshall & Ilsley Corp., strike price $20, expires 08/18/08 |
|
|
(2,400 |
) |
|
|
(250 |
) |
Masco Corp., strike price $17.50, expires 09/22/08 |
|
|
(19,375 |
) |
|
|
(360 |
) |
Masco Corp., strike price $20, expires 09/22/08 |
|
|
(9,000 |
) |
|
|
(185 |
) |
McDonald’s Corp., strike price $60, expires 08/18/08 |
|
|
(19,425 |
) |
|
|
(820 |
) |
McDonald’s Corp., strike price $61, expires 08/29/08 |
|
|
(81,557 |
) |
|
|
(520 |
) |
McDonald’s Corp., strike price $61, expires 09/04/08 |
|
|
(63,346 |
) |
|
|
(23,000 |
) |
Medtronic, Inc., strike price $54.10, expires 09/02/08 |
|
|
(18,089 |
) |
|
|
(22,000 |
) |
Mercury General Corp., strike price $50, expires 09/26/08 |
|
|
(47,467 |
) |
|
|
(31,400 |
) |
Mercury General Corp., strike price $52.75, expires 08/04/08 |
|
|
(810 |
) |
|
|
(160 |
) |
Northern Trust Corp., strike price $75, expires 08/18/08 |
|
|
(75,200 |
) |
|
|
(660 |
) |
PepsiCo, Inc., strike price $67.50, expires 08/18/08 |
|
|
(39,600 |
) |
|
|
(2,050 |
) |
Pfizer, Inc., strike price $20, expires 09/22/08 |
|
|
(55,350 |
) |
|
|
(163,000 |
) |
Philip Morris Intl., Inc., strike price $52.49, expires 08/13/08 |
|
|
(100,783 |
) |
|
|
(900 |
) |
Philip Morris Intl., Inc., strike price $53, expires 08/29/08 |
|
|
(47,628 |
) |
|
|
(37,000 |
) |
Philip Morris Intl., Inc., strike price $53.50, expires 09/29/08 |
|
|
(48,840 |
) |
|
|
(500 |
) |
Pitney Bowes, Inc., strike price $35, expires 10/20/08 |
|
|
(20,000 |
) |
|
|
(24,000 |
) |
PPG Industries, Inc., strike price $62, expires 08/29/08 |
|
|
(30,298 |
) |
|
|
(250 |
) |
PPG Industries, Inc., strike price $65, expires 09/22/08 |
|
|
(19,375 |
) |
|
|
(386 |
) |
Procter & Gamble Co., strike price $65, expires 08/18/08 |
|
|
(57,900 |
) |
|
|
(750 |
) |
Procter & Gamble Co., strike price $65, expires 09/22/08 |
|
|
(163,125 |
) |
|
|
(100 |
) |
Procter & Gamble Co., strike price $65, expires 10/20/08 |
|
|
(25,500 |
) |
|
|
(66,500 |
) |
Progress Energy, Inc., strike price $43, expires 08/22/08 |
|
|
(43,644 |
) |
|
|
(65,000 |
) |
Progress Energy, Inc., strike price $43, expires 09/02/08 |
|
|
(35,003 |
) |
|
|
(760 |
) |
Realty Income Corp., strike price $25, expires 09/22/08 |
|
|
(106,400 |
) |
|
|
(200 |
) |
RPM Intl., Inc., strike price $21.75, expires 09/29/08 |
|
|
(9,814 |
) |
|
|
(35,000 |
) |
RPM Intl., Inc., strike price $24.55, expires 08/04/08 |
|
|
— |
|
|
|
(220 |
) |
Stanley Works (The), strike price $47.50, expires 08/18/08 |
|
|
(6,600 |
) |
|
|
(220 |
) |
Stanley Works (The), strike price $50, expires 08/18/08 |
|
|
(3,300 |
) |
|
|
(150 |
) |
State Street Corp., strike price $75, expires 08/18/08 |
|
|
(21,750 |
) |
|
|
|
|
|
|
|
|
|
|
Contracts |
|
Options Written |
|
Value |
|
||
|
|
|||||||
|
|
|
|
Outstanding Call Options Written— |
|
|||
|
|
(400 |
) |
SunTrust Banks, Inc., strike price $40, expires 09/22/08 |
|
$ |
(190,000 |
) |
|
|
(200 |
) |
SunTrust Banks, Inc., strike price $40, expires 10/20/08 |
|
|
(116,000 |
) |
|
|
(185 |
) |
SunTrust Banks, Inc., strike price $45, expires 08/18/08 |
|
|
(20,812 |
) |
|
|
(1,000 |
) |
Synovus Financial Corp., strike price $11, expires 09/04/08 |
|
|
(44,800 |
) |
|
|
(100,000 |
) |
Synovus Financial Corp., strike price $12, expires 09/22/08 |
|
|
(34,730 |
) |
|
|
(68,000 |
) |
Synovus Financial Corp., strike price $12.50, expires 09/22/08 |
|
|
(18,591 |
) |
|
|
(440 |
) |
T. Rowe Price Group, Inc., strike price $60, expires 08/18/08 |
|
|
(108,900 |
) |
|
|
(454 |
) |
U.S. Bancorp, strike price $30, expires 08/18/08 |
|
|
(76,045 |
) |
|
|
(2,000 |
) |
U.S. Bancorp, strike price $30, expires 09/22/08 |
|
|
(525,000 |
) |
|
|
(2,435 |
) |
U.S. Bancorp, strike price $32.50, expires 09/22/08 |
|
|
(316,550 |
) |
|
|
(210 |
) |
United Technologies Corp., strike price $68, expires 09/24/08 |
|
|
(21,017 |
) |
|
|
(15,000 |
) |
Universal Corp., strike price $52.50, expires 08/25/08 |
|
|
(26,466 |
) |
|
|
(15,000 |
) |
Universal Corp., strike price $52.50, expires 08/28/08 |
|
|
(28,331 |
) |
|
|
(100 |
) |
Universal Corp., strike price $65, expires 08/18/08 |
|
|
(500 |
) |
|
|
(58,400 |
) |
Valley National Bancorp, strike price $19.85, expires 09/29/08 |
|
|
(65,788 |
) |
|
|
(43,000 |
) |
Vectren Corp., strike price $30.08, expires 08/15/08 |
|
|
(6,295 |
) |
|
|
(18,000 |
) |
Vornado Realty Trust, strike price $96.39, expires 09/29/08 |
|
|
(70,740 |
) |
|
|
(350 |
) |
Wal-Mart Stores, Inc., strike price $57.50, expires 08/18/08 |
|
|
(72,275 |
) |
|
|
(12,000 |
) |
Wal-Mart Stores, Inc., strike price $59, expires 08/25/08 |
|
|
(17,743 |
) |
|
|
(750 |
) |
Washington Mutual, Inc., strike price $8, expires 10/20/08 |
|
|
(33,750 |
) |
|
|
(1,000 |
) |
Washington Mutual, Inc., strike price $9, expires 09/22/08 |
|
|
(15,500 |
) |
|
|
(100,000 |
) |
Wells Fargo & Co., strike price $30, expires 08/15/08 |
|
|
(158,070 |
) |
|
|
(2,000 |
) |
Wells Fargo & Co., strike price $30, expires 09/22/08 |
|
|
(555,000 |
) |
|
|
(1,000 |
) |
Wells Fargo & Co., strike price $30, expires 10/20/08 |
|
|
(330,000 |
) |
|
|
(1,000 |
) |
Wells Fargo & Co., strike price $32.50, expires 08/18/08 |
|
|
(57,500 |
) |
|
|
(985 |
) |
Wells Fargo & Co., strike price $35, expires 09/22/08 |
|
|
(76,338 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Outstanding Call Options Written |
|
|
(10,645,318 |
) |
|
|
|
|
|
|
|
|
|
3
|
|
|
|
Schedule of Investments July 31, 2008
(Unaudited) |
BlackRock Enhanced Dividend |
|
|
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
|
Contracts |
|
Options Written |
|
Value |
|
||
|
|
|||||||
|
|
|
|
Outstanding Put Options Written—(0.0)% |
|
|||
|
|
(140 |
) |
Abbott Laboratories, strike price $55, expires 08/18/08 |
|
|
(9,100 |
) |
|
|
(550 |
) |
Chevron Corp., strike price $85, expires 08/18/08 |
|
|
(165,000 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Outstanding Put Options Written |
|
|
(174,100 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Outstanding Options Written |
|
|
(10,819,418 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Investments Net of Outstanding Options Written—99.2% |
|
|
783,210,348 |
|
|
|
|
|
Other Assets in Excess of Liabilities—0.8% |
|
|
6,468,179 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Assets—100.0% |
|
$ |
789,678,527 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
* |
The cost and unrealized appreciation (depreciation) of investments as of July 31, 2008, as computed for federal income tax purposes, were as follows: |
|
|
|
|
|
|
|
|
|
Aggregate cost |
|
$ |
991,518,980 |
|
|
|
|
|
|
|
|
|
|
Gross unrealized appreciation |
|
$ |
1,214,477 |
|
|
|
Gross unrealized depreciation |
|
|
(198,703,691 |
) |
|
|
|
|
|
|
|
|
|
Net unrealized depreciation |
|
$ |
(197,489,214 |
) |
|
|
|
|
|
|
|
|
|
|
|
(a) |
Security, or a portion thereof, pledged as collateral for outstanding options written. |
|
|
|
|
(b) |
Security, or a portion of security, is on loan. |
|
|
|
|
(c) |
Represents current yield as of report date. |
|
|
|
|
(d) |
Investments in companies considered to be an affiliate of the Trust, for purposes of Section 2(a)(3) of the Investment Company Act of 1940 were as follows: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||
|
|
Affiliate |
|
|
Net Activity |
|
|
Interest Income |
|
|
|
|
|||||||
|
|
BlackRock Liquidity Series, LLC |
|
|
18,508,200 |
|
$ |
216,415 |
|
|
|
|
|||||||
|
|
|
|
(e) |
Security purchased with the cash proceeds from securities loans. |
|
|
|
|
|
For Trust compliance purposes, the Trust’s sector and industry classifications refer to any one or more of the Standard Industry Codes as defined by the Securities and Exchange Commission. This definition may not apply for purposes of this report, which may combine sector and industry sub-classifications for reporting ease. |
4
| Item 2 – Controls and Procedures | |||
| 2 (a) – | The registrant’s principal executive and principal financial officers or persons performing similar functions have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”)) are effective as of a date within 90 days of the filing of this report based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rule 13a-15(b) under the Securities Exchange Act of 1934, as amended. | ||
| 2 (b) – | There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting. | ||
| Item 3 – | Exhibits | ||
| Certifications – Attached hereto | |||
| Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. | |||
| BlackRock Enhanced Dividend AchieversTM Trust | |||
| By: | /s/ Donald C. Burke | ||
| Donald C. Burke | |||
| Chief Executive Officer of | |||
| BlackRock Enhanced Dividend AchieversTM Trust | |||
| Date: September 19, 2008 | |||
| Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated. | |||
| By: | /s/ Donald C. Burke | ||
| Donald C. Burke | |||
| Chief Executive Officer (principal executive officer) of | |||
| BlackRock Enhanced Dividend AchieversTM Trust | |||
| Date: September 19, 2008 | |||
| By: | /s/ Neal J. Andrews | ||
| Neal J. Andrews | |||
| Chief Financial Officer (principal financial officer) of | |||
| BlackRock Enhanced Dividend AchieversTM Trust | |||
| Date: September 19, 2008 | |||