Blackrock Strategic Equity Dividend Trust (the Trust), formerly BlackRock Strategic Dividend Achievers Trust, is a diversified, closed-end management investment company. The Trust’s investment objective is to provide total return through a combination of current income, current gains and long-term capital appreciation. The Trust seeks to achieve its investment objective by investing primarily in common stocks of small to mid-capitalization issuers that pay above average dividends and have the potential for capital appreciation. The Trust invests, at least 80% of its assets in common stocks that are included in Indxis's universe of Dividend Achievers. The Trust may invest directly in such securities or synthetically through the use of derivatives. The Trust utilizes an option writing (selling) strategy to enhance current gains. The Trust’s investment advisor is BlackRock Advisors, LLC, a wholly owned subsidiary of BlackRock, Inc.