SCHEDULE: Morgan Stanley Discloses 9.8% Stake in BlackRock Trust

Morgan Stanley and its subsidiary, Morgan Stanley Smith Barney LLC, reported a combined beneficial ownership of 9.8% in BlackRock Enhanced International Dividend Trust common stock.

Summary

• Morgan Stanley and its wholly-owned subsidiary, Morgan Stanley Smith Barney LLC, filed an Amendment No. 13 to Schedule 13G.
• The filing reports beneficial ownership in BlackRock Enhanced International Dividend Trust (CUSIP: 092524107) Common Stock.
• As of December 31, 2025, Morgan Stanley beneficially owned an aggregate of 8,911,522 shares, representing 9.8% of the class.
• Morgan Stanley Smith Barney LLC beneficially owned an aggregate of 8,902,209 shares, also representing 9.8% of the class.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as Schedule 13G amendments are routine disclosures of passive ownership by institutional investors and typically do not contain new material information impacting sentiment.

Future Outlook

The filing does not contain any forward-looking statements or guidance.

Management Comments

• The securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are routine disclosures by institutional investors holding more than 5% but less than 20% of a company's stock, indicating a passive investment intent. This filing reflects Morgan Stanley's continued significant, yet passive, stake in the BlackRock Enhanced International Dividend Trust, consistent with its role as a major financial institution managing client assets.

Related Party Transactions

• The securities reported by Morgan Stanley as a parent holding company are owned, or may be deemed to be beneficially owned, by Morgan Stanley Smith Barney LLC, a wholly-owned subsidiary of Morgan Stanley.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional holder's passive stake.
• Investment Professionals: Offers insight into institutional ownership structure and compliance with regulatory disclosure requirements.

Key Dates

Keywords

Morgan Stanley, BlackRock Enhanced International Dividend Trust, Schedule 13G, beneficial ownership, common stock, institutional ownership, investment trust