BlackRock Enhanced Government Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to provide current income and gains. It invests primarily in a portfolio of United States Government securities and United States Government Agency securities, including United States Government mortgage-backed securities that pay interest in an attempt to generate current income, and by employing a strategy of writing (selling) call options on individual or baskets of United States Government securities, United States Government Agency securities or other debt securities held by the Fund in an attempt to generate gains from option premiums. It may invest in asset-backed securities. It may invest in multiple class pass-through securities, including collateralized mortgage obligations and commercial mortgage-backed securities. The Fund's investment advisor is BlackRock Advisors, LLC. Its sub-advisor is BlackRock Financial Management, Inc.