Morgan Stanley (BGY) reports 9.8% passive stake in BlackRock Enhanced International Dividend Trust

Rhea-AI Filing Summary

Morgan Stanley and its affiliate report a large passive stake in BlackRock Enhanced International Dividend Trust. As of 12/31/2025, Morgan Stanley reports beneficial ownership of 8,911,522 common shares of the trust, representing 9.8% of the outstanding class.

Morgan Stanley Smith Barney LLC separately reports beneficial ownership of 8,902,209 common shares, also representing 9.8% of the class, with almost all voting and dispositive power reported as shared rather than sole. The filing is made on a passive basis, stating the shares are held in the ordinary course of business and not to change or influence control of the trust.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 13)

BlackRock Enhanced International Dividend Trust

(Name of Issuer)

Common Stock

(Title of Class of Securities)

092524107

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 092524107

1

Names of Reporting Persons

Morgan Stanley

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 9,315.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 8,911,522.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

8,911,522.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.8 %

12

Type of Reporting Person (See Instructions)

HC, CO

SCHEDULE 13G

CUSIP No. 092524107

1

Names of Reporting Persons

Morgan Stanley Smith Barney LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 8,902,209.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

8,902,209.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.8 %

12

Type of Reporting Person (See Instructions)

BD, IA, CO

SCHEDULE 13G

Item 1.
(a)	Name of issuer: BlackRock Enhanced International Dividend Trust
(b)	Address of issuer's principal executive offices: 100 BELLEVUE PARKWAY, WILMINGTON, DE, 19809
Item 2.
(a)	Name of person filing: 1: Morgan Stanley 2: Morgan Stanley Smith Barney LLC
(b)	Address or principal business office or, if none, residence: 1: 1585 Broadway, New York, NY 10036 ;2: 1585 Broadway, New York, NY 10036
(c)	Citizenship: 1: Delaware 2: Delaware
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 092524107
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: See the response(s) to Item 9 on the attached cover page(s).
(b)	Percent of class: 9.8 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See the response(s) to Item 5 on the attached cover page(s).
	(ii) Shared power to vote or to direct the vote: See the response(s) to Item 6 on the attached cover page(s).
	(iii) Sole power to dispose or to direct the disposition of: See the response(s) to Item 7 on the attached cover page(s).
	(iv) Shared power to dispose or to direct the disposition of: See the response(s) to Item 8 on the attached cover page(s).
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit 99.2
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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 and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. * In Accordance with the Securities and Exchange Commission Release No. 34-39538 (January 12, 1998) (the "Release"), this filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by certain operating units (collectively, the "MS Reporting Units") of Morgan Stanley and its subsidiaries and affiliates (collectively, "MS"). This filing does not reflect securities, if any, beneficially owned by any operating units of MS whose ownership of securities is disaggregated from that of the MS Reporting Units in accordance with the Release.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Morgan Stanley

Signature:	Christopher O'Hara
Name/Title:	Authorized Signatory, Morgan Stanley
Date:	02/11/2026

Morgan Stanley Smith Barney LLC

Signature:	David Galasso
Name/Title:	Authorized Signatory, Morgan Stanley Smith Barney LLC
Date:	02/11/2026

Exhibit Information

EXHIBIT NO. EXHIBITS ------------------ ------------------------------------ 99.1 Joint Filing Agreement 99.2 Item 7 Information * Attention. Intentional misstatements or omissions of fact constitute federal criminal violations (see 18 U.S.C. 1001).

FAQ

What stake does Morgan Stanley report in BlackRock Enhanced International Dividend Trust (BGY)?

Morgan Stanley reports beneficial ownership of 8,911,522 common shares of BlackRock Enhanced International Dividend Trust, representing 9.8% of the outstanding class. This reflects a significant institutional position disclosed as of 12/31/2025 under Schedule 13G/A rules.

How many BGY shares does Morgan Stanley Smith Barney LLC report owning?

Morgan Stanley Smith Barney LLC reports beneficial ownership of 8,902,209 common shares of BlackRock Enhanced International Dividend Trust, also representing 9.8% of the class. The filing notes primarily shared dispositive power over these shares rather than sole control.

Is Morgan Stanley’s ownership in BGY reported as passive or for control purposes?

The filing certifies the BGY securities were acquired and are held in the ordinary course of business and not for changing or influencing control of the issuer. It is a passive Schedule 13G/A filing rather than an activist or control-oriented disclosure.

What percentage of BlackRock Enhanced International Dividend Trust (BGY) does Morgan Stanley report?

Morgan Stanley and Morgan Stanley Smith Barney LLC each report beneficial ownership of 9.8% of BlackRock Enhanced International Dividend Trust’s common stock. This percentage is based on the issuer’s outstanding shares at the reporting date of 12/31/2025.

Who signed the Schedule 13G/A for Morgan Stanley’s BGY holdings?

The Schedule 13G/A was signed by Christopher O'Hara as Authorized Signatory for Morgan Stanley and David Galasso as Authorized Signatory for Morgan Stanley Smith Barney LLC. Both signatures are dated 02/11/2026 in the certification section.

What types of reporting persons are Morgan Stanley and Morgan Stanley Smith Barney LLC in this BGY filing?

Morgan Stanley is classified as an HC (parent holding company or control person). Morgan Stanley Smith Barney LLC is classified as a BD, IA, indicating a registered broker-dealer and investment adviser, consistent with the Schedule 13G/A reporting categories.