Main Thesis
In this article we take a look at the BlackRock Enhanced Equity Dividend Trust (BDJ). With an established monthly distribution, historically strong NAV performance, and more defensive holdings, this fund is a great fit for income seekers. Furthermore, BDJ allows investors a more conservative way to participate in any potential equity growth while also limiting downside risk.
Historically Stable Equity Income
(Source: Seeking Alpha)
This unlevered closed-end fund utilizes an overwriting option strategy to generate current income for investors. With an underlying portfolio of typically defensive, high dividend stocks such as