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 Achievers Trust
Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809
Name and address of agent for service: Robert S. Kapito, President, BlackRock Enhanced Dividend
Achievers Trust, 40 East 52nd Street, New York, NY 10022.
Registrant’s telephone number, including area code: (888) 825-2257
Date of fiscal year end: 10/31/2007
Date of reporting period: 05/01/2007 – 07/31/2007
Item 1 – Schedule of Investments
PORTFOLIO OF INVESTMENTS (unaudited)
JULY 31, 2007
BlackRock Enhanced Dividend Achievers™ Trust (BDJ)
(Percentages shown are based on Net Assets)
| Shares | Description
|
Value | ||||
| LONG-TERM INVESTMENTS—94.7% | ||||||
| Common Stocks—94.7% | ||||||
| Aerospace & Defense—0.3% | ||||||
| 39,000 | United Technologies Corp. | $ | 2,845,830 | |||
| Automotive—0.4% | ||||||
| 84,300 | Genuine Parts Co. | 4,010,994 | ||||
| Basic Materials—1.1% | ||||||
| 86,500 | PPG Industries, Inc. | 6,597,355 | ||||
| 183,500 | RPM Intl., Inc. | 4,314,085 | ||||
| Total Basic Materials | 10,911,440 | |||||
| Consumer Products—12.8% | ||||||
| 577,700 | 1 | Altria Group, Inc. | 38,399,719 | |||
| 105,000 | Anheuser-Busch Cos., Inc. | 5,120,850 | ||||
| 645,200 | Coca-Cola Co. (The) | 33,621,372 | ||||
| 129,100 | Home Depot, Inc. | 4,798,647 | ||||
| 218,500 | Kimberly-Clark Corp. | 14,698,495 | ||||
| 154,300 | La-Z-Boy, Inc. | 1,544,543 | ||||
| 191,500 | McDonald's Corp. | 9,167,105 | ||||
| 86,100 | Procter & Gamble Co. | 5,326,146 | ||||
| 80,800 | Stanley Works (The) | 4,470,664 | ||||
| 90,900 | Universal Corp. | 5,018,589 | ||||
| 32,900 | VF Corp. | 2,822,491 | ||||
| Total Consumer Products | 124,988,621 | |||||
| Energy—13.3% | ||||||
| 188,000 | 1 | Atmos Energy Corp. | 5,277,160 | |||
| 126,600 | Black Hills Corp. | 4,722,180 | ||||
| 544,200 | Chevron Corp. | 46,398,492 | ||||
| 415,200 | Consolidated Edison, Inc. | 18,135,936 | ||||
| 143,100 | Exxon Mobil Corp. | 12,182,103 | ||||
| 192,340 | Integrys Energy Group, Inc. | 9,518,907 | ||||
| 73,100 | National Fuel Gas Co. | 3,168,885 | ||||
| 84,100 | Otter Tail Corp. | 2,477,586 | ||||
| 232,000 | Pinnacle West Capital Corp. | 8,695,360 | ||||
| 354,300 | Progress Energy, Inc. | 15,468,738 | ||||
| 142,100 | Vectren Corp. | 3,548,237 | ||||
| Total Energy | 129,593,584 | |||||
| Financial Institutions—38.6% | ||||||
| 41,600 | Allstate Corp. (The) | 2,211,040 | ||||
| 182,700 | Arthur J. Gallagher & Co. | 5,038,866 | ||||
| 206,800 | 1 | BancorpSouth, Inc. | 4,828,780 | |||
| 972,800 | Bank of America Corp. | 46,130,176 | ||||
| 429,400 | 1 | BB&T Corp. | 16,068,148 | |||
| 91,300 | Chemical Financial Corp. | 1,988,514 | ||||
| 943,582 | 1 | Citigroup, Inc. | 43,942,614 | |||
| 287,700 | Comerica, Inc. | 15,150,282 | ||||
| 620,600 | Fifth Third Bancorp | 22,893,934 | ||||
| 207,200 | First Commonwealth Financial Corp. | 1,964,256 | ||||
| 174,800 | FirstMerit Corp. | 3,204,084 | ||||
| 149,700 | FNB Corp. | 2,246,997 | ||||
| 42,200 | Franklin Resources, Inc. | 5,375,014 | ||||
| 325,100 | Freddie Mac | 18,618,477 | ||||
| 293,701 | Fulton Financial Corp. | 3,882,727 | ||||
| 194,300 | KeyCorp | 6,740,267 | ||||
| 149,900 | Lincoln National Corp. | 9,041,968 | ||||
| 95,500 | Mercury General Corp. | 4,944,990 | ||||
| 657,300 | National City Corp. | 19,318,047 | ||||
| 129,600 | Old Republic Intl. Corp. | 2,379,456 | ||||
| 124,300 | SunTrust Banks, Inc. | 9,732,690 | ||||
| 138,900 | T. Rowe Price Group, Inc. | 7,240,857 | ||||
| 1,183,900 | U.S. Bancorp | 35,457,805 | ||||
| 226,552 | Washington Federal, Inc. | 5,104,216 | ||||
| 1,072,300 | Washington Mutual, Inc. | 40,243,419 | ||||
| 1,275,962 | Wells Fargo & Co. | 43,089,237 | ||||
| Total Financial Institutions | 376,836,861 | |||||
| Health Care—11.0% | ||||||
| 88,200 | 1 | Abbott Laboratories | 4,470,858 | |||
| 574,500 | Eli Lilly & Co. | 31,074,705 | ||||
| 212,600 | Johnson & Johnson | 12,862,300 | ||||
| 338,538 | Merck & Co., Inc. | 16,808,412 | ||||
| 1,813,300 | 1 | Pfizer, Inc. | 42,630,683 | |||
| Total Health Care | 107,846,958 | |||||
| Industrials—6.4% | ||||||
| 77,900 | 1 | 3M Co. | 6,926,868 | |||
| 175,000 | Briggs & Stratton Corp. | 4,963,000 | ||||
| 35,500 | Caterpillar, Inc. | 2,797,400 | ||||
| 109,900 | Emerson Electric Co. | 5,172,993 | ||||
| 1,088,900 | General Electric Co. | 42,205,764 | ||||
| Total Industrials | 62,066,025 | |||||
| Real Estate Investment Trusts—3.5% | ||||||
| 53,000 | Colonial Properties Trust | 1,833,270 | ||||
| 142,800 | Duke Realty Corp. | 4,668,132 | ||||
| 76,500 | General Growth Properties, Inc. | 3,670,470 | ||||
| 161,300 | Health Care Property Investors, Inc. | 4,393,812 | ||||
| 117,400 | Healthcare Realty Trust, Inc. | 2,726,028 | ||||
| 54,000 | Home Properties, Inc. | 2,500,200 | ||||
| 71,700 | Kimco Realty Corp. | 2,676,561 | ||||
| 144,700 | Lexington Realty Trust | 2,730,489 | ||||
| 53,200 | Liberty Property Trust | 1,995,532 | ||||
| 120,500 | National Retail Properties, Inc. | 2,610,030 | ||||
| 83,200 | Sun Communities, Inc. | 2,264,704 | ||||
| 102,400 | United Dominion Realty Trust, Inc. | 2,364,416 | ||||
| Total Real Estate Investment Trusts | 34,433,644 | |||||
| Technology—2.3% | ||||||
| 51,100 | Intl. Business Machines Corp. | 5,654,215 | ||||
| 160,700 | Linear Technology Corp. | 5,728,955 | ||||
| 244,600 | Pitney Bowes, Inc. | 11,276,060 | ||||
| Total Technology | 22,659,230 | |||||
| Telecommunications—5.0% | ||||||
| 1,239,900 | 1 | AT&T, Inc. | 48,554,484 | |||
| Total Common Stocks | ||||||
| (cost $962,116,329) | 924,747,671 | |||||
| SHORT-TERM INVESTMENTS—5.3% | ||||||
| Money Market Fund—2.4% | ||||||
| 23,813,970 | 2 | Fidelity Institutional Money Market Prime Portfolio, 4.99% | 23,813,970 | |||
| Principal | ||||||
| Amount | ||||||
| U.S. Government and Agency Discount Notes—2.9% | ||||||
| $27,900,000 | 3 | Federal Home Loan Bank Disc. Notes, 5.09%, 8/01/07 | 27,900,000 | |||
| Total Short-Term Investments | ||||||
| (cost $51,713,970) | 51,713,970 | |||||
| Contracts | ||||||
| OUTSTANDING CALL OPTION PURCHASED—0.0% | ||||||
| 139 | Washington Mutual, Inc., strike price $42.50, expires 08/20/07 (cost $1,529) | 695 | ||||
| Total Investments before outstanding options written | ||||||
| (cost $1,013,831,8284) | 976,462,336 | |||||
| OUTSTANDING OPTIONS WRITTEN—(0.7)% | ||||||
| OUTSTANDING CALL OPTIONS WRITTEN—(0.6)% | ||||||
| (430 | ) | 3M Co., strike price $90, expires 08/20/07 | (60,200 | ) | ||
| (485 | ) | Abbott Laboratories, strike price $55, expires 08/20/07 | (4,850 | ) | ||
| (250 | ) | Allstate Corp. (The), strike price $57.75, expires 09/28/07 | (16,858 | ) | ||
| (248,000 | ) | Altria Group, Inc., strike price $71.30, expires 09/21/07 | (200,582 | ) | ||
| (500 | ) | Altria Group, Inc., strike price $71.75, expires 08/31/07 | (17,335 | ) | ||
1
BlackRock Enhanced Dividend Achievers™ Trust (BDJ) (continued)
(Percentages shown are based on Net Assets)
| Contracts | Description
|
Value | ||||
| OUTSTANDING CALL OPTIONS WRITTEN— (cont'd) | ||||||
| (32,000 | ) | Anheuser-Busch Cos., Inc., strike price $52.60, expires 08/17/07 | $ | (2,672 | ) | |
| (260 | ) | Anheuser-Busch Cos., Inc., strike price $55, expires 08/20/07 | (1,300 | ) | ||
| (55,000 | ) | Arthur J. Gallagher & Co., strike price $28.70, expires 08/17/07 | (8,794 | ) | ||
| (460 | ) | Arthur J. Gallagher & Co., strike price $29, expires 09/28/07 | (12,701 | ) | ||
| (392,000 | ) | AT&T, Inc., strike price $40.50, expires 08/10/07 | (63,857 | ) | ||
| (113,000 | ) | AT&T, Inc., strike price $41.10, expires 10/19/07 | (110,548 | ) | ||
| (20,000 | ) | AT&T, Inc., strike price $41.50, expires 11/16/07 | (25,404 | ) | ||
| (157,000 | ) | AT&T, Inc., strike price $41.72, expires 09/21/07 | (79,536 | ) | ||
| (90,200 | ) | Atmos Energy Corp., strike price $28.75, expires 10/04/07 | (56,826 | ) | ||
| (340 | ) | BancorpSouth, Inc., strike price $25, expires 08/20/07 | (8,500 | ) | ||
| (400 | ) | BancorpSouth, Inc., strike price $25, expires 10/22/07 | (24,000 | ) | ||
| (1,775 | ) | Bank of America Corp., strike price $50, expires 09/24/07 | (115,375 | ) | ||
| (800 | ) | Bank of America Corp., strike price $52.50, expires 08/20/07 | (4,000 | ) | ||
| (775 | ) | Bank of America Corp., strike price $52.50, expires 11/19/07 | (54,250 | ) | ||
| (100,000 | ) | Bank of America Corp., strike price $53.40, expires 08/31/07 | (9,430 | ) | ||
| (1,000 | ) | BB&T Corp., strike price $42.50, expires 09/24/07 | (20,000 | ) | ||
| (500 | ) | BB&T Corp., strike price $43, expires 08/10/07 | (10 | ) | ||
| (16,000 | ) | Black Hills Corp., strike price $41.65, expires 09/21/07 | (1,723 | ) | ||
| (250 | ) | Black Hills Corp., strike price $41.75, expires 08/10/07 | (135 | ) | ||
| (96,000 | ) | Briggs & Statton Corp., strike price $30.75, expires 09/21/07 | (82,186 | ) | ||
| (195 | ) | Caterpillar, Inc., strike price $87, expires 11/13/07 | (49,891 | ) | ||
| (24,200 | ) | Chemical Financial Corp., strike price $25, expires 08/27/07 | (987 | ) | ||
| (2,605 | ) | Chevron Corp., strike price $80.88, expires 08/03/07 | (1,153,155 | ) | ||
| (350 | ) | Chevron Corp., strike price $95, expires 08/20/07 | (5,250 | ) | ||
| (2,000 | ) | Citigroup, Inc., strike price $52.75, expires 09/14/07 | (47,000 | ) | ||
| (782 | ) | Citigroup, Inc., strike price $55, expires 08/20/07 | (3,910 | ) | ||
| (1,000 | ) | Citigroup, Inc., strike price $55, expires 09/24/07 | (15,000 | ) | ||
| (600 | ) | Citigroup, Inc., strike price $55, expires 11/13/07 | (16,662 | ) | ||
| (200 | ) | Citigroup, Inc., strike price $55, expires 12/24/07 | (12,000 | ) | ||
| (60,000 | ) | Citigroup, Inc., strike price $55.50, expires 11/16/07 | (15,150 | ) | ||
| (174,000 | ) | Coca-Cola Co. (The), strike price $53.05, expires 09/14/07 | (175,375 | ) | ||
| (114,000 | ) | Coca-Cola Co. (The), strike price $53.27, expires 08/17/07 | (39,159 | ) | ||
| (67,000 | ) | Coca-Cola Co. (The), strike price $53.75, expires 10/19/07 | (75,033 | ) | ||
| (29,000 | ) | Colonial Properties Trust, strike price $38.75, expires 09/06/07 | (17,568 | ) | ||
| (500 | ) | Comerica, Inc., strike price $60, expires 10/22/07 | (35,000 | ) | ||
| (108,000 | ) | Comerica, Inc., strike price $61, expires 09/21/07 | (22,658 | ) | ||
| (46,000 | ) | Consolidated Edison, Inc., strike price $47.74, expires 09/14/07 | (8,708 | ) | ||
| (353 | ) | Duke Realty Corp., strike price $37.75, expires 08/30/07 | (734 | ) | ||
| (2,100 | ) | Eli Lilly & Co., strike price $60, expires 10/22/07 | (94,500 | ) | ||
| (106,000 | ) | Eli Lilly & Co., strike price $60.25, expires 11/16/07 | (70,617 | ) | ||
| (600 | ) | Emerson Electric Co., strike price $50, expires 08/20/07 | (36,000 | ) | ||
| (810 | ) | Exxon Mobil Corp., strike price $95, expires 10/22/07 | (105,300 | ) | ||
| (1,500 | ) | Fifth Third Bancorp, strike price $40, expires 09/24/07 | (105,000 | ) | ||
| (114,000 | ) | Fifth Third Bancorp, strike price $40.90, expires 09/14/07 | (29,788 | ) | ||
| (35,000 | ) | Fifth Third Bancorp, strike price $41.38, expires 08/17/07 | (1,053 | ) | ||
| (35,000 | ) | Fifth Third Bancorp, strike price $42.22, expires 09/21/07 | (6,146 | ) | ||
| (230 | ) | Franklin Resources, Inc., strike price $145, expires 09/24/07 | (28,750 | ) | ||
| (800 | ) | Freddie Mac, strike price $65, expires 10/22/07 | (76,000 | ) | ||
| (20,000 | ) | Freddie Mac, strike price $66.61, expires 08/17/07 | (164 | ) | ||
| (105,000 | ) | General Electric Co., strike price $37.26, expires 08/17/07 | (180,747 | ) | ||
| (500 | ) | General Electric Co., strike price $37.50, expires 09/24/07 | (125,500 | ) | ||
| (100,000 | ) | General Electric Co., strike price $38.10, expires 08/17/07 | (110,850 | ) | ||
| (135,000 | ) | General Electric Co., strike price $38.15, expires 09/14/07 | (207,603 | ) | ||
| (100,000 | ) | General Electric Co., strike price $41.13, expires 09/28/07 | (31,330 | ) | ||
| (301 | ) | General Electric Co., strike price $42.50, expires 12/24/07 | (27,090 | ) | ||
| (420 | ) | General Growth Properties, Inc., strike price $52, expires 10/12/07 | (56,700 | ) | ||
| (460 | ) | Genuine Parts Co., strike price $50, expires 08/20/07 | (13,800 | ) | ||
| (60,000 | ) | Health Care Property Investors, Inc., strike price $32.84, expires 08/17/07 | (834 | ) | ||
| (35,000 | ) | Home Depot, Inc., strike price $41.15, expires 08/17/07 | (3,696 | ) | ||
| (23,800 | ) | Home Properties, Inc., strike price $55.50, expires 08/17/07 | (124 | ) | ||
| (280 | ) | Intl. Business Machines Corp., strike price $106, expires 08/27/07 | (162,798 | ) | ||
| (550 | ) | Johnson & Johnson, strike price $64.13, expires 10/26/07 | (43,060 | ) | ||
| (360 | ) | Johnson & Johnson, strike price $65.25, expires 08/23/07 | (3,719 | ) | ||
| (570 | ) | KeyCorp, strike price $37.38, expires 08/03/07 | (1 | ) | ||
| (500 | ) | KeyCorp, strike price $37.50, expires 09/24/07 | (20,000 | ) | ||
| (840 | ) | Kimberly-Clark Corp., strike price $70, expires 08/20/07 | (42,000 | ) | ||
| (360 | ) | Kimberly-Clark Corp., strike price $70, expires 09/11/07 | (25,992 | ) | ||
| (238 | ) | Kimco Realty Corp., strike price $40, expires 10/22/07 | (30,940 | ) | ||
| (400 | ) | La-Z-Boy, Inc., strike price $12, expires 08/13/07 | (4 | ) | ||
| (25,000 | ) | Lexington Realty Trust, strike price $21.50, expires 08/17/07 | (5 | ) | ||
| (25,000 | ) | Lexington Realty Trust, strike price $21.50, expires 09/21/07 | (500 | ) | ||
2
BlackRock Enhanced Dividend Achievers™ Trust (BDJ) (continued)
(Percentages shown are based on Net Assets)
| Contracts | Description |
Value | ||||
| OUTSTANDING CALL OPTIONS WRITTEN— (cont'd) | ||||||
| (30,000 | ) | Lexington Realty Trust, strike price $21.60, expires 10/19/07 | $ | (1,467 | ) | |
| (580 | ) | Lincoln National Corp., strike price $70, expires 10/22/07 | (31,900 | ) | ||
| (250 | ) | Lincoln National Corp., strike price $73, expires 08/10/07 | — | |||
| (250 | ) | Linear Technology Corp., strike price $38.38, expires 08/03/07 | — | |||
| (63,000 | ) | Linear Technology Corp., strike price $38.40, expires 08/17/07 | (3,774 | ) | ||
| (520 | ) | McDonald's Corp., strike price $52.50, expires 08/20/07 | (5,200 | ) | ||
| (300 | ) | McDonald's Corp., strike price $52.50, expires 09/24/07 | (18,000 | ) | ||
| (23,000 | ) | McDonald's Corp., strike price $53, expires 09/28/07 | (9,462 | ) | ||
| (82,000 | ) | Merck & Co., Inc., strike price $51.55, expires 08/17/07 | (44,042 | ) | ||
| (1,040 | ) | Merck & Co., Inc., strike price $52.50, expires 09/24/07 | (104,000 | ) | ||
| (525 | ) | Mercury General Corp., strike price $56.25, expires 08/10/07 | (52 | ) | ||
| (48,800 | ) | National City Corp., strike price $33.73, expires 10/01/07 | (9,579 | ) | ||
| (165,000 | ) | National City Corp., strike price $35.75, expires 11/02/07 | (16,913 | ) | ||
| (40,000 | ) | National Fuel Gas Co., strike price $46.20, expires 10/19/07 | (34,624 | ) | ||
| (24,300 | ) | Old Republic Intl. Corp., strike price $20.87, expires 09/21/07 | (6,405 | ) | ||
| (460 | ) | Otter Tail Corp., strike price $35, expires 10/22/07 | (11,500 | ) | ||
| (131,000 | ) | Pfizer, Inc., strike price $25, expires 10/22/07 | (70,452 | ) | ||
| (300,000 | ) | Pfizer, Inc., strike price $26.50, expires 09/21/07 | (41,130 | ) | ||
| (175,000 | ) | Pfizer, Inc., strike price $26.75, expires 08/07/07 | (2 | ) | ||
| (150,000 | ) | Pfizer, Inc., strike price $26.75, expires 08/17/07 | (825 | ) | ||
| (100,000 | ) | Pfizer, Inc., strike price $27.80, expires 08/03/07 | (1 | ) | ||
| (100,000 | ) | Pfizer, Inc., strike price $27.80, expires 08/17/07 | (60 | ) | ||
| (553 | ) | Pinnacle West Capital Corp., strike price $40, expires 10/22/07 | (38,710 | ) | ||
| (740 | ) | Pitney Bowes, Inc., strike price $48, expires 09/14/07 | (43,149 | ) | ||
| (250 | ) | Pitney Bowes, Inc., strike price $48.13, expires 08/27/07 | (16,665 | ) | ||
| (20,000 | ) | Pitney Bowes, Inc., strike price $48.50, expires 09/21/07 | (10,756 | ) | ||
| (20,000 | ) | Pitney Bowes, Inc., strike price $49, expires 10/19/07 | (14,118 | ) | ||
| (215 | ) | PPG Industries, Inc., strike price $75, expires 08/20/07 | (56,975 | ) | ||
| (30,000 | ) | PPG Industries, Inc., strike price $77.70, expires 09/28/07 | (73,842 | ) | ||
| (475 | ) | Procter & Gamble Co., strike price $65, expires 10/22/07 | (45,125 | ) | ||
| (800 | ) | Progress Energy, Inc., strike price $46, expires 10/24/07 | (60,368 | ) | ||
| (800 | ) | Progress Energy, Inc., strike price $46.25, expires 08/24/07 | (23,496 | ) | ||
| (550 | ) | RPM Intl., Inc., strike price $22.50, expires 08/20/07 | (71,500 | ) | ||
| (445 | ) | Stanley Works (The), strike price $65, expires 10/22/07 | (28,925 | ) | ||
| (685 | ) | SunTrust Banks, Inc., strike price $90, expires 10/22/07 | (95,900 | ) | ||
| (36,000 | ) | T. Rowe Price Group, Inc., strike price $51.49, expires 08/17/07 | (56,621 | ) | ||
| (400 | ) | T. Rowe Price Group, Inc., strike price $55, expires 10/22/07 | (72,000 | ) | ||
| (1,000 | ) | U.S. Bancorp, strike price $32.50, expires 09/24/07 | (38,000 | ) | ||
| (200 | ) | U.S. Bancorp, strike price $35, expires 12/24/07 | (9,000 | ) | ||
| (220 | ) | United Technologies Corp., strike price $70, expires 08/20/07 | (90,200 | ) | ||
| (500 | ) | Universal Corp., strike price $65, expires 08/20/07 | (10,000 | ) | ||
| (180 | ) | VF Corp., strike price $95, expires 08/20/07 | (2,700 | ) | ||
| (32,000 | ) | Washington Federal, Inc., strike price $24.50, expires 08/17/07 | (29 | ) | ||
| (47,000 | ) | Washington Federal, Inc., strike price $24.50, expires 09/21/07 | (3,140 | ) | ||
| (2,700 | ) | Washington Mutual, Inc., strike price $42.50, expires 09/24/07 | (108,000 | ) | ||
| (145,000 | ) | Washington Mutual, Inc., strike price $44, expires 08/17/07 | (464 | ) | ||
| (43,000 | ) | Washington Mutual, Inc., strike price $44.50, expires 09/21/07 | (4,128 | ) | ||
| (700 | ) | Washington Mutual, Inc., strike price $45, expires 08/20/07 | (3,500 | ) | ||
| (650 | ) | Washington Mutual, Inc., strike price $45, expires 10/22/07 | (26,000 | ) | ||
| (305,000 | ) | Wells Fargo & Co., strike price $36.50, expires 09/21/07 | (156,191 | ) | ||
| (201,000 | ) | Wells Fargo & Co., strike price $36.50, expires 10/19/07 | (162,710 | ) | ||
| (195,000 | ) | Wells Fargo & Co., strike price $36.96, expires 08/17/07 | (12,499 | ) | ||
| Total Outstanding Call Options Written (premium received $(11,427,596)) | (6,059,022 | ) | ||||
| OUTSTANDING PUT OPTIONS WRITTEN—(0.1)% | ||||||
| (60 | ) | Altria Group, Inc., strike price $65, expires 08/20/07 | (5,700 | ) | ||
| (160 | ) | Coca-Cola Co. (The), strike price $52.50, expires 08/20/07 | (16,000 | ) | ||
| (225 | ) | Eli Lilly & Co., strike price $55, expires 08/20/07 | (34,875 | ) | ||
| (470 | ) | Exxon Mobil Corp., strike price $85, expires 08/20/07 | (105,750 | ) | ||
| (250 | ) | Merck & Co., Inc., strike price $50, expires 08/20/07 | (36,250 | ) | ||
| (85 | ) | Universal Corp., strike price $50, expires 08/20/07 | (3,400 | ) | ||
| Total Outstanding Put Options Written (premium received $(125,888)) | (201,975 | ) | ||||
| Total Outstanding Options Written | ||||||
| (premium received $(11,553,484)) | (6,260,997 | ) | ||||
| Total Investments net of outstanding options written—99.3% | $ | 970,201,339 | ||||
| Other assets in excess of liabilities—0.7% | 6,436,993 | |||||
| Net Assets—100.0% | $ |
976,638,332 | ||||
| 1 | Security, or a portion thereof, pledged as collateral for outstanding options written. |
| 2 | Represents current yield as of July 31, 2007. |
| 3 | Rate shown is the yield to maturity as of the date of purchase. |
| 4 | Cost for federal income tax purposes is $1,013,659,877. The net unrealized depreciation on a tax basis is $37,197,541, consisting of $32,519,148 gross unrealized appreciation and $69,716,689 gross unrealized depreciation. |
3
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 SEC. 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 and 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 (17 CFR 270.30a -3(d)) 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 Achievers Trust |
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| By: | /s/ Donald
C. Burke |
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| Donald C. Burke Treasurer of BlackRock Enhanced Dividend Achievers Trust |
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| Date: September 20, 2007 | |||
| 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/
Robert S. Kapito |
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Robert S. Kapito, |
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| Date: September 20, 2007 | |||
| By: | /s/ Donald C. Burke |
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Donald C. Burke, |
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| Date: September 20, 2007 | |||