BlackRock Enhanced Global Dividend Trust (BOE)

Competitors to BlackRock Enhanced Global Dividend Trust (BOE)

Invesco International Dividend Achievers ETF 

Invesco's International Dividend Achievers ETF focuses on high-quality, international companies known for consistently increasing their dividends, which directly competes with the BlackRock Enhanced Global Dividend Trust's emphasis on dividend-enhanced income. Both funds aim to attract income-seeking investors, yet PDI often benefits from a more expansive selection of international stocks with consistent dividend increases, providing it with a strong competitive advantage in that niche.

iShares International Dividend Growth ETF 

iShares’ International Dividend Growth ETF aims for capital growth through equity investments in dividend-paying international companies, which closely aligns with BOE's objectives. As part of the BlackRock family, IGRO benefits from brand recognition and a well-established investment strategy. However, IGRO directly contrasts BOE's enhanced income focus, with an emphasis on growth in dividends over immediate income, potentially attracting a different investor demographic.

Nuveen Quality Municipal Income Fund

Nuveen’s Quality Municipal Income Fund competes with BOE by offering tax-exempt municipal bonds that generate income for investors, which can be attractive when interest rates fluctuate. While BlackRock focuses on global equity dividends, Nuveen's portfolio may appeal to a different set of income-focused investors looking for tax advantages. Although the strategies differ significantly, investors choose between equities and fixed income, allowing both funds to coexist in the income investment space.

Schwab U.S. Dividend Equity ETF 

Schwab's U.S. Dividend Equity ETF offers a low-cost, passive investment option that predominantly invests in high-yield U.S. companies, directly competing with the more actively managed BOE. SCHD's lower expense ratio and focus on American equities may resonate more with cost-conscious investors, granting it an edge in attracting a broader audience for dividend income in a commonly favored national market.

Vanguard Dividend Appreciation ETF 

The Vanguard Dividend Appreciation ETF focuses on companies that have a history of increasing dividends over time, competing with BOE's strategy of enhanced global dividends. With Vanguard known for its strong brand, low fees, and a large pool of loyal investors, it can attract significant investment due to its perceived reliability and performance, giving it a competitive edge over BlackRock.