Business Context and Reporting Period
This Form 8-K is a current report filed by BlackRock Enhanced Dividend Achievers Trust (the "Fund") on October 7, 2008, regarding an event that occurred on May 30, 2008. The Fund is a closed-end fund incorporated in Delaware.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance changes and does not contain financial performance data.
Material Changes
On May 30, 2008, the Board of Directors amended and restated the Fund's bylaws in their entirety. The changes were effective as of May 29, 2008. The primary objectives of the amendment were:
- To conform the bylaws across all funds in the BlackRock closed-end fund complex.
- To ensure listed securities are eligible for the Direct Registration System.
- To include advance notice provisions for shareholder proposals regarding director nominations or other business.
The advance notice provisions apply to shareholder meetings occurring after the 2008 annual meeting.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. The document serves solely to disclose the regulatory filing of the amended bylaws.
Key Facts for Investors
- The Fund's bylaws were amended to standardize governance across the BlackRock closed-end fund complex.
- New advance notice provisions for shareholder proposals will take effect for meetings after the 2008 annual meeting.
- The Fund's securities are now eligible for the Direct Registration System.
- The full text of the Amended and Restated Bylaws is attached as Exhibit 3.1.