BlackRock MuniYield New York Quality Fund


Security	Par (000)		Value

Municipal Bonds

Guam — 0.1%

Utilities — 0.1%
Guam Government Waterworks Authority, RB, Series A, 5.00%, 01/01/50	$	630	$	688,565


New York — 135.9%

Corporate — 4.8%
New York Liberty Development Corp., Refunding RB, 5.25%, 10/01/35		13,585		15,447,109
New York State Environmental Facilities Corp., RB, AMT, 2.75%, 09/01/50^(a)		1,160		1,155,077
New York Transportation Development Corp., RB
AMT, 5.00%, 10/01/35		635		674,347
AMT, 5.00%, 10/01/40		1,800		1,881,967
New York Transportation Development Corp., Refunding ARB
AMT, 2.25%, 08/01/26		2,195		2,129,440
AMT, 3.00%, 08/01/31		1,755		1,629,639

				22,917,579

County/City/Special District/School District — 28.4%
City of New York, GO
5.00%, 10/01/43		2,730		2,977,294
Sub-Series A-1, 5.00%, 08/01/33		2,100		2,163,540
Sub-Series D-1, 5.00%, 08/01/31		1,300		1,339,985
Sub-Series D-1, 5.00%, 10/01/33		4,540		4,543,968
City of New York, Refunding GO
Series E, 5.50%, 08/01/25		5,435		5,647,802
Series E, 5.00%, 08/01/32		2,040		2,102,018
Series I, 5.00%, 08/01/22^(b)		490		494,400
City of Yonkers New York, GO
Series B, (AGM, SAW), 4.00%, 02/15/38		355		360,239
Series B, (AGM, SAW), 3.00%, 02/15/39		325		285,037
County of Nassau New York, GO
Series A, 5.00%, 01/15/31		1,770		1,936,139
Series B, (AGM), 5.00%, 07/01/45		2,185		2,383,114
County of Nassau New York, Refunding GO
(AGM), 4.00%, 04/01/51		2,700		2,786,594
Series A, (AGM), 4.00%, 04/01/50		1,875		1,934,953
Erie County Industrial Development Agency, Refunding RB
Series A, (SAW), 5.00%, 05/01/28		750		810,086
Series A, (SAW), 5.00%, 05/01/29		4,060		4,382,977
Hudson Yards Infrastructure Corp., Refunding RB
4.00%, 02/15/44		1,090		1,082,458
Series A, 5.00%, 02/15/39		800		847,142
Series A, 5.00%, 02/15/42		6,225		6,586,803
Series A, 4.00%, 02/15/44		2,760		2,808,217
Ithaca City School District, Refunding GO
(BAM, SAW), 2.00%, 06/15/33		450		382,817
(BAM, SAW), 2.00%, 06/15/34		880		732,895
Mahopac Central School District, Refunding GO, (SAW), 2.00%, 06/01/32		685		606,606
New York City Industrial Development Agency, RB, (AGC), 0.00%, 03/01/43^(c)		4,330		1,751,974
New York City Industrial Development Agency, RB, CAB, (AGC), 0.00%, 03/01/39^(c)		5,000		2,459,145
New York City Industrial Development Agency, Refunding RB
3.00%, 03/01/49		2,215		1,721,500


Security	Par (000)		Value

County/City/Special District/School District (continued)
Series A, AMT, 5.00%, 07/01/28	$	930	$	932,943
New York City Transitional Finance Authority Future Tax Secured Revenue, RB
Series A-1, 5.00%, 11/01/38		1,000		1,030,165
Sub-Series A-1, 5.00%, 08/01/40		1,025		1,107,780
Sub-Series A-3, 4.00%, 08/01/43		3,320		3,410,563
Sub-Series B-1, 5.00%, 11/01/35		2,510		2,602,632
Sub-Series B-1, 5.00%, 11/01/36		1,690		1,747,621
Sub-Series B-1, 5.00%, 11/01/38		4,000		4,190,760
Sub-Series E-1, 5.00%, 02/01/43		975		1,034,015
Sub-Series F-1, 5.00%, 05/01/42		7,175		7,723,235
Series A-2, Subordinate, 5.00%, 08/01/38		4,105		4,415,219
Series C, Subordinate, 4.00%, 05/01/45		2,725		2,705,593
Series F-1, Subordinate, 5.00%, 02/01/47		430		476,547
New York Convention Center Development Corp., RB, CAB^(c)
Series B, Sub Lien, 0.00%, 11/15/32		685		432,650
Series B, Sub Lien, 0.00%, 11/15/42		2,640		1,000,346
Series B, Sub Lien, 0.00%, 11/15/47		6,740		1,950,785
Series B, Sub Lien, 0.00%, 11/15/48		3,550		886,403
Series B, Sub Lien, (AGM-CR), 0.00%, 11/15/56		7,825		1,410,355
New York Convention Center Development Corp., Refunding RB
5.00%, 11/15/40		7,370		7,600,032
5.00%, 11/15/45		13,995		14,300,525
New York Liberty Development Corp., Refunding RB
3.13%, 09/15/50		3,715		3,088,101
Series 1, Class 1, 5.00%, 11/15/44^(d)		6,110		6,169,475
Series A, 2.88%, 11/15/46		5,000		3,857,245
New York State Dormitory Authority, RB, Series A, 5.00%, 02/15/23^(b)		6,500		6,661,260
South Glens Falls Central School District, Refunding GO
Series A, (SAW), 2.00%, 07/15/34		1,400		1,174,967
Series A, (SAW), 2.00%, 07/15/35		830		681,342
Trust for Cultural Resources of The City of New York, Refunding RB, Series A, 5.00%, 08/01/23^(b)		750		776,513

				134,494,775

Education — 16.8%
Albany Capital Resource Corp., Refunding RB
4.00%, 07/01/41		880		833,389
4.00%, 07/01/51		915		802,826
Series A, 5.00%, 12/01/31		250		258,794
Series A, 5.00%, 12/01/32		100		103,285
Series A, 4.00%, 12/01/34		110		110,069
Build NYC Resource Corp., RB, Series A, 4.00%, 06/15/56		530		438,165
Build NYC Resource Corp., Refunding RB
4.00%, 08/01/42		975		993,300
Series A, 5.00%, 06/01/43		525		540,872
Dutchess County Local Development Corp., RB
5.00%, 07/01/43		685		731,319
5.00%, 07/01/48		1,030		1,093,189
5.00%, 07/01/52^(e)		1,635		1,768,792
Dutchess County Local Development Corp., Refunding RB
5.00%, 07/01/42		1,180		1,256,259
4.00%, 07/01/46		2,235		2,222,269


Security	Par (000)		Value

Education (continued)
Hempstead Town Local Development Corp., Refunding RB
5.00%, 07/01/47	$	1,645	$	1,745,286
Series A, 3.00%, 07/01/51		2,815		2,132,726
Madison County Capital Resource Corp., RB
Series B, 5.00%, 07/01/40		815		849,854
Series B, 5.00%, 07/01/43		2,940		3,060,408
Monroe County Industrial Development Corp., Refunding RB
Series A, 5.00%, 07/01/23^(b)		1,440		1,487,840
Series A, 4.00%, 07/01/39		500		505,634
New York State Dormitory Authority, RB
1st Series, (AMBAC), 5.50%, 07/01/40		4,580		5,618,089
Series A, 5.00%, 07/01/46		300		336,289
Series A, 5.00%, 07/01/51		710		792,772
Series B, 5.00%, 07/01/22^(b)		1,840		1,850,931
New York State Dormitory Authority, Refunding RB
5.00%, 07/01/44		2,130		2,193,847
Series A, 5.00%, 07/01/22^(b)		10,220		10,280,839
Series A, 5.25%, 07/01/23^(b)		12,930		13,396,346
Series A, 5.00%, 07/01/27^(b)		2,490		2,752,090
Series A, 5.00%, 07/01/35		1,380		1,457,804
Series A, 4.00%, 07/01/37		240		241,947
Series A, 5.00%, 07/01/37		2,240		2,349,623
Series A, 5.00%, 07/01/38		1,475		1,602,201
Series A, 5.00%, 07/01/43		2,520		2,617,635
Onondaga County Trust for Cultural Resources, RB, 4.00%, 12/01/49		6,800		6,722,330
Troy Capital Resource Corp., Refunding RB
4.00%, 09/01/30		230		242,760
4.00%, 09/01/31		130		135,719
4.00%, 09/01/32		190		197,417
4.00%, 09/01/33		55		56,492
4.00%, 09/01/34		85		86,689
4.00%, 09/01/35		100		101,431
4.00%, 09/01/36		155		156,426
4.00%, 09/01/40		985		989,326
Trust for Cultural Resources of The City of New York, Refunding RB
Series A, 5.00%, 07/01/37		2,265		2,349,754
Series A, 5.00%, 07/01/41		825		854,801
Yonkers Economic Development Corp., Refunding RB
Series A, 5.00%, 10/15/40		380		390,113
Series A, 5.00%, 10/15/50		645		650,670

				79,358,617

Health — 5.1%
Dutchess County Local Development Corp., RB, Series B, 4.00%, 07/01/41		2,870		2,906,199
Dutchess County Local Development Corp., Refunding RB
Series B, 4.00%, 07/01/37		340		337,091
Series B, 4.00%, 07/01/38		200		197,087
Huntington Local Development Corp., RB, Series A, 5.25%, 07/01/56		285		284,012
Monroe County Industrial Development Corp., RB
4.00%, 12/01/41		855		824,587
5.00%, 12/01/46		1,280		1,331,030
Series A, 5.00%, 12/01/37		350		353,127
Monroe County Industrial Development Corp., Refunding RB
3.00%, 12/01/40		1,270		1,024,619


Security	Par (000)		Value

Health (continued)
4.00%, 12/01/46	$	2,910	$	2,747,439
Series A, 5.00%, 12/01/32		830		840,167
New York State Dormitory Authority, RB
Series C, 4.25%, 05/01/39		1,000		1,001,139
Series D, 4.25%, 05/01/39		300		300,342
New York State Dormitory Authority, Refunding RB
1st Series, 5.00%, 07/01/42		2,625		2,788,109
Series A, 5.00%, 05/01/32		3,525		3,741,622
Catholic Health Services, 4.00%, 07/01/45		815		655,860
Oneida County Local Development Corp., Refunding RB, (AGM), 3.00%, 12/01/44		3,070		2,754,272
Suffolk County Economic Development Corp., RB, Series C, Catholic Health Services, 5.00%, 07/01/32		625		655,347
Westchester County Local Development Corp., Refunding RB, 5.00%, 07/01/46^(d)		1,360		1,297,092

				24,039,141

Housing — 10.2%
New York City Housing Development Corp., RB, M/F Housing
4.00%, 11/01/43		790		759,261
Series A, (HUD SECT 8), 2.70%, 08/01/45		275		207,074
Series A, 2.90%, 11/01/50		900		696,342
Series B-1, 5.00%, 07/03/23^(b)		1,675		1,730,612
Series B-1, 5.25%, 07/03/23^(b)		6,865		7,084,419
Series D-1-B, 4.20%, 11/01/40		550		548,466
Series F-1, (FHA), 2.60%, 11/01/56		5,455		3,820,011
Series G-1, 3.90%, 05/01/45		550		512,080
Series H, 2.55%, 11/01/45		1,265		972,230
Series H, 2.60%, 11/01/50		2,175		1,567,422
Series I-1, (FHA), 2.55%, 11/01/45		3,820		2,887,905
Series I-1-A, 3.95%, 11/01/36		550		550,131
Series I-1-A, 4.05%, 11/01/41		550		543,996
New York City Housing Development Corp., Refunding RB, Series F-1-A, 3.30%, 11/01/46		560		486,980
New York City Housing Development Corp., Refunding RB, M/F Housing
Series B-1-A, 3.65%, 11/01/49		1,125		1,003,943
Series B-1-A, 3.75%, 11/01/54		1,615		1,446,113
New York State Housing Finance Agency, RB, M/F Housing
Series B, (FHLMC SONYMA, FNMA, GNMA), 4.00%, 11/01/42		1,045		1,025,950
Series D, (SONYMA), 3.80%, 11/01/49		2,050		1,869,274
Series E, (SONYMA), 3.80%, 11/01/49		1,130		1,030,380
Series H, 4.15%, 11/01/43		1,650		1,651,968
Series H, 4.20%, 11/01/48		1,095		1,077,291
Series I-1, (SONYMA), 2.75%, 11/01/46		820		638,319
Series J-1, (SONYMA HUD SECT 8), 3.00%, 11/01/61		825		606,511
Series J-1, (SONYMA HUD SECT 8), 3.10%, 05/01/66		1,090		806,096
Series M-1, (FHA), 2.65%, 11/01/54		765		547,636
Series P, 3.15%, 11/01/54		1,315		1,039,129
Series A, AMT, 4.65%, 11/15/38		1,500		1,500,132
State of New York Mortgage Agency, RB, S/F Housing
Series 225, 2.45%, 10/01/45		500		364,047
Series 239, (SONYMA), 2.70%, 10/01/47		1,635		1,239,260
State of New York Mortgage Agency, Refunding RB
Series 218, AMT, 3.60%, 04/01/33		1,040		961,200


Security	Par (000)		Value

Housing (continued)
Series 218, AMT, 3.85%, 04/01/38	$	125	$	118,128
State of New York Mortgage Agency, Refunding RB, S/F Housing
Series 190, 3.80%, 10/01/40		1,680		1,509,016
Series 231, 2.50%, 10/01/46		3,555		2,677,726
Series 194, AMT, 3.80%, 04/01/28		2,485		2,451,629
Yonkers Industrial Development Agency, RB, AMT, (SONYMA), 5.25%, 04/01/37		2,445		2,446,044

				48,376,721

State — 14.8%
County of Suffolk New York, Refunding GO, Catholic Health Services, (BAM), 2.00%, 06/15/34		3,900		3,221,259
New York City Transitional Finance Authority Building Aid Revenue, RB
(SAW), 3.00%, 07/15/49		5,500		4,588,133
Series S-3, Subordinate, (SAW), 5.25%, 07/15/36		1,910		2,115,306
New York City Transitional Finance Authority Building Aid Revenue, Refunding RB, Series S-3, Subordinate, (SAW), 4.00%, 07/15/38		6,070		6,145,323
New York Liberty Development Corp., Refunding RB, 2.75%, 11/15/41		3,300		2,697,044
New York State Dormitory Authority, RB
Series A, 5.00%, 03/15/39		1,610		1,742,595
Series A, 5.00%, 03/15/41		8,550		9,152,997
Series A, 5.00%, 02/15/42		1,880		2,014,768
Series B, 5.00%, 03/15/39		2,280		2,441,921
Series C, 4.00%, 03/15/45		3,900		3,900,846
New York State Dormitory Authority, Refunding RB
Series B, 5.00%, 02/15/37		2,130		2,289,946
Series B, 4.00%, 02/15/46		2,835		2,876,604
Series D, 4.00%, 02/15/47		6,200		6,143,784
Series E, 5.00%, 03/15/41		3,335		3,618,415
New York State Thruway Authority, RB, Series A-1, 3.00%, 03/15/48		2,750		2,210,651
New York State Urban Development Corp., RB, Series C, 5.00%, 03/15/32		2,000		2,044,182
Sales Tax Asset Receivable Corp., Refunding RB, Series A, 4.00%, 10/15/24^(b)		11,835		12,321,620
Town of Oyster Bay New York, Refunding GO, Series A, (AGM), 2.00%, 03/01/35		465		380,712

				69,906,106

Tobacco — 3.1%
Chautauqua Tobacco Asset Securitization Corp., Refunding RB
4.75%, 06/01/39		2,190		2,235,302
5.00%, 06/01/48		820		835,441
New York Counties Tobacco Trust VI, Refunding RB
Series A-2-B, 5.00%, 06/01/45		2,460		2,574,311
Series A-2-B, 5.00%, 06/01/51		800		834,694
Series B, 5.00%, 06/01/41		655		683,510
Niagara Tobacco Asset Securitization Corp., Refunding RB
5.25%, 05/15/34		1,650		1,723,290
5.25%, 05/15/40		2,250		2,334,605


Security	Par (000)		Value

Tobacco (continued)
TSASC, Inc., Refunding RB, Series A, 5.00%, 06/01/35	$	310	$	331,324
Westchester Tobacco Asset Securitization Corp., Refunding RB, Sub-Series C, 4.00%, 06/01/42		2,910		2,943,546

				14,496,023

Transportation — 33.8%
Buffalo & Fort Erie Public Bridge Authority, RB
5.00%, 01/01/42		1,250		1,324,233
5.00%, 01/01/47		1,545		1,628,997
Metropolitan Transportation Authority, RB
Series A, 5.00%, 05/15/23^(b)		1,000		1,029,915
Series A, 5.00%, 11/15/42		3,500		3,731,077
Series A-1, 5.25%, 11/15/23^(b)		5,405		5,654,614
Series E, 5.00%, 11/15/38		7,785		7,915,251
Series H, 5.00%, 11/15/22^(b)		930		947,369
Series H, 5.00%, 11/15/31		760		767,670
Sub-Series B-3, 5.00%, 11/15/23^(b)		3,250		3,387,904
Metropolitan Transportation Authority, Refunding RB
Series A, 5.00%, 11/15/41		4,000		4,023,004
Series A, (AGM), 4.00%, 11/15/46		1,035		1,022,992
Series C-1, 4.75%, 11/15/45		1,795		1,883,300
Series C-1, 5.00%, 11/15/56		2,350		2,450,723
Sub-Series B-1, 5.00%, 11/15/31		3,465		3,593,454
Sub-Series B-1, 5.00%, 11/15/51		2,815		2,959,820
Sub-Series B-2, 4.00%, 11/15/34		3,000		3,088,719
MTA Hudson Rail Yards Trust Obligations, Refunding RB, Series A, 5.00%, 11/15/56		5,655		5,761,421
New York Liberty Development Corp., Refunding RB
Series 1, 4.00%, 02/15/43		3,255		3,297,276
Series 1, 2.75%, 02/15/44		3,405		2,534,553
Series 1, 2.25%, 02/15/41		5,700		4,185,578
Series-A, 3.00%, 11/15/51		5,825		4,649,934
New York State Thruway Authority, RB
Series N, 5.00%, 01/01/35		550		610,921
Series N, 4.00%, 01/01/43		6,420		6,436,647
Series A, Junior Lien, 5.00%, 01/01/41		2,110		2,201,823
New York State Thruway Authority, Refunding RB
Series J, 5.00%, 01/01/41		6,275		6,468,665
Series K, 5.00%, 01/01/29		2,225		2,357,663
Series K, 5.00%, 01/01/31		1,500		1,588,782
Series L, 5.00%, 01/01/34		840		915,812
Series L, 5.00%, 01/01/35		970		1,054,370
Series O, 4.00%, 01/01/39		3,300		3,344,068
Series B, Subordinate, 3.00%, 01/01/53		250		183,703
New York Transportation Development Corp., ARB
AMT, 5.00%, 12/01/36		1,635		1,743,889
Series A, AMT, (AGM-CR), 4.00%, 07/01/41		1,575		1,561,412
Series A, AMT, 5.00%, 07/01/41		2,155		2,234,248
Series A, AMT, 5.00%, 07/01/46		1,735		1,796,459
Series A, AMT, 5.25%, 01/01/50		10,730		11,116,280
New York Transportation Development Corp., RB, AMT, 4.00%, 04/30/53		1,840		1,801,463
New York Transportation Development Corp., Refunding RB
Series A, Class A, AMT, 4.00%, 12/01/41		275		255,904
Series A, Class A, AMT, 4.00%, 12/01/42		275		251,920
Niagara Frontier Transportation Authority, Refunding ARB
AMT, 5.00%, 04/01/34		125		135,971
AMT, 5.00%, 04/01/35		110		119,478
AMT, 5.00%, 04/01/36		120		130,031


Security	Par (000)		Value

Transportation (continued)
AMT, 5.00%, 04/01/37	$	140	$	151,382
AMT, 5.00%, 04/01/38		70		75,489
AMT, 5.00%, 04/01/39		95		102,242
Port Authority of New York & New Jersey, ARB
AMT, 4.00%, 07/15/55		3,300		3,141,560
Consolidated, 220th Series, AMT, 4.00%, 11/01/59		2,595		2,428,505
Port Authority of New York & New Jersey, Refunding ARB
Consolidated, 183th Series, 4.00%, 06/15/44		1,500		1,500,390
Series 179, 5.00%, 12/01/38		1,390		1,437,765
178th Series, AMT, 5.00%, 12/01/43		750		762,200
195th Series, AMT, 5.00%, 04/01/36		1,500		1,579,963
Consolidated, 177th Series, AMT, 4.00%, 01/15/43		735		712,218
Consolidated, 186th Series, AMT, 5.00%, 10/15/44		1,000		1,031,882
Series 178th, AMT, 5.00%, 12/01/33		1,140		1,171,426
State of New York Thruway Authority, RB, Series B, Subordinate, 4.00%, 01/01/53		985		957,483
Triborough Bridge & Tunnel Authority, RB
Series A, 4.00%, 11/15/54		1,150		1,134,611
Series B, 5.00%, 11/15/40		1,010		1,062,702
Series B, 5.00%, 11/15/45		1,500		1,565,896
Series C-1A, Senior Lien, 5.00%, 05/15/51		2,725		2,992,996
Triborough Bridge & Tunnel Authority, Refunding RB
5.00%, 05/15/51^(e)		9,800		10,708,421
Series A, 5.00%, 11/15/38		1,000		1,013,301
Series A, 5.25%, 11/15/45		1,460		1,526,931
Series A, 5.00%, 11/15/50		4,500		4,657,779
Series C, 5.00%, 11/15/37		1,050		1,163,632
Triborough Bridge & Tunnel Authority, Refunding RB, CAB, Series B, 0.00%, 11/15/32^(c)		9,700		6,691,603

				159,717,690

Utilities — 18.9%
Long Island Power Authority, RB
5.00%, 09/01/35		2,000		2,178,774
5.00%, 09/01/36		975		1,047,990
5.00%, 09/01/37		3,825		4,141,538
5.00%, 09/01/42		335		355,473
5.00%, 09/01/47		1,075		1,147,881
Long Island Power Authority, Refunding RB
Series B, 5.00%, 09/01/41		590		628,197
Series B, 5.00%, 09/01/46		825		862,543
New York City Municipal Water Finance Authority, RB, Series CC-1, 4.00%, 06/15/52		6,600		6,574,583
New York City Water & Sewer System, RB
Series DD-1, 4.00%, 06/15/49		1,365		1,373,546
Series DD-1, 3.00%, 06/15/50		970		745,935
Series CC-1, Subordinate, 3.00%, 06/15/51		2,730		2,078,423
New York City Water & Sewer System, Refunding RB
Series DD, 5.25%, 06/15/47		4,140		4,423,337
Series EE, 5.00%, 06/15/40		5,170		5,569,186
Series HH, 5.00%, 06/15/39		3,000		3,138,798
Sub-Series AA-1, 3.00%, 06/15/50		1,700		1,307,308
New York Power Authority, RB, (AGM), 4.00%, 11/15/47		2,720		2,744,189
New York State Environmental Facilities Corp., RB
Series B, 5.00%, 09/15/40		1,195		1,261,400
Series B, 5.00%, 03/15/45		5,145		5,422,722


Security	Par (000)		Value

Utilities (continued)
Series B, Subordinate, 5.00%, 06/15/48	$	1,345	$	1,462,377
New York State Environmental Facilities Corp., Refunding RB
4.00%, 06/15/47		2,120		2,146,428
Series A, 5.00%, 06/15/40		4,275		4,527,195
Series A, 5.00%, 06/15/45		18,920		19,839,077
Suffolk County Water Authority RB, Series B, 3.00%, 06/01/45		5,500		4,661,585
Utility Debt Securitization Authority, Refunding RB, Series TE, Restructured, 5.00%, 12/15/41		9,960		10,310,453
Western Nassau County Water Authority, RB, Series A, 5.00%, 04/01/25^(b)		1,185		1,274,914

				89,223,852


Total Municipal Bonds in New York				642,530,504

Puerto Rico — 5.1%

State — 5.1%
Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, RB
Series A-1, Restructured, 4.75%, 07/01/53		724		732,992
Series A-1, Restructured, 5.00%, 07/01/58		1,042		1,066,570
Series A-2, Restructured, 4.33%, 07/01/40		1,378		1,366,436
Series A-2, Restructured, 4.78%, 07/01/58		123		125,088
Series B-1, Restructured, 4.75%, 07/01/53		746		755,132
Series B-1, Restructured, 5.00%, 07/01/58		9,024		9,235,956
Series B-2, Restructured, 4.33%, 07/01/40		7,120		7,085,874
Series B-2, Restructured, 4.78%, 07/01/58		722		730,665
Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, RB, CAB, Series A-1, Restructured, 0.00%, 07/01/46^(c)		10,409		2,924,481


Total Municipal Bonds in Puerto Rico				24,023,194


Total Municipal Bonds — 141.1% (Cost: $686,803,405)				667,242,263


Municipal Bonds Transferred to Tender Option Bond Trusts^(f)

New York — 23.0%

County/City/Special District/School District — 1.7%
City of New York, GO, Sub-Series I-1, 5.00%, 03/01/36		3,500		3,622,756
New York City Transitional Finance Authority Future Tax Secured Revenue, RB, Sub-Series F-1, 5.00%, 05/01/38		4,123		4,427,075

				8,049,831

Education — 0.4%
Trust for Cultural Resources of The City of New York, Refunding RB, Series A, 5.00%, 08/01/23		1,981		2,051,234


Housing — 3.4%
New York City Housing Development Corp., RB, M/F Housing, Series C-1A, 4.00%, 11/01/53		2,525		2,319,469
New York City Housing Development Corp., Refunding RB, Series A, 4.25%, 11/01/43		4,280		4,323,317
New York City Housing Development Corp., Refunding RB, M/F Housing, Series B-1-A, 3.85%, 05/01/58		2,083		1,820,398


Security	Par (000)		Value

Housing (continued)
New York State Housing Finance Agency, RB, M/F Housing, Series I, 4.05%, 11/01/48	$	5,457	$	5,185,553
New York State Housing Finance Agency, Refunding RB, Series C, 3.85%, 11/01/39		2,413		2,372,054

				16,020,791

State — 3.3%
New York State Dormitory Authority, RB, Series A, 5.00%, 03/15/32		2,000		2,223,779
New York State Dormitory Authority, Refunding RB, Series A, 5.00%, 03/15/40^(g)		3,549		3,839,699
New York State Urban Development Corp., Refunding RB, Series A, 5.00%, 03/15/45		1,001		1,040,406
Sales Tax Asset Receivable Corp., Refunding RB, Series A, 5.00%, 10/15/24		7,995		8,509,252

				15,613,136

Transportation — 8.6%
New York State Thruway Authority, Refunding RB, Subordinate, Series B, 4.00%, 01/01/45^(g)		5,953		5,810,117
Port Authority of New York & New Jersey, ARB, AMT, Series 221, 4.00%, 07/15/60		2,805		2,654,783
Port Authority of New York & New Jersey, Refunding ARB
194th Series, 5.25%, 10/15/55		3,900		4,094,568
Consolidated, Series 211, 5.00%, 09/01/48		4,760		5,103,139
Triborough Bridge & Tunnel Authority, Refunding RB
Series A, 5.00%, 11/15/46		15,000		15,730,043
Series C-2, 5.00%, 11/15/42		6,675		7,240,359

				40,633,009

Utilities — 5.6%
New York City Water & Sewer System, Refunding RB, 5.00%, 06/15/38^(g)		1,391		1,493,500
New York Power Authority, Refunding RB, Series A, 4.00%, 11/15/60		6,557		6,381,065
New York St Pwr Authority Revenue, 4.00%, 11/15/50		5,500		5,429,712
Utility Debt Securitization Authority, Refunding RB
Series A, Restructured, 5.00%, 12/15/35		3,500		3,795,895
Series B, 4.00%, 12/15/35		2,980		3,082,612
Series TE, Restructured, 5.00%, 12/15/41		5,998		6,209,242

				26,392,026


Total Municipal Bonds in New York				108,760,027


Total Municipal Bonds Transferred to Tender Option Bond Trusts — 23.0% (Cost: $111,954,243)				108,760,027


Total Long-Term Investments — 164.1% (Cost: $798,757,648)				776,002,290


Security	Shares		Value

Short-Term Securities

Money Market Funds — 1.1%
BlackRock Liquidity Funds New York Money Fund Portfolio, 0.24%^(h)(i)		5,012,878	$	5,012,878


Total Short-Term Securities — 1.1% (Cost: $5,012,878)				5,012,878


Total Investments — 165.2% (Cost: $803,770,526)				781,015,168

Other Assets Less Liabilities — 0.7%				3,622,280

Liability for TOB Trust Certificates, Including Interest Expense and Fees Payable — (13.6)%				(64,285,044	)

VRDP Shares at Liquidation Value, Net of Deferred Offering Costs — (52.3)%				(247,492,756	)


Net Assets Applicable to Common Shares — 100.0%			$	472,859,648

^(a)	Variable rate security. Interest rate resets periodically. The rate shown is the effective interest rate as of period end. Security description also includes the reference rate and spread if published and available.

^(b)	U.S. Government securities held in escrow, are used to pay interest on this security as well as to retire the bond in full at the date indicated, typically at a premium to par.

^(c)	Zero-coupon bond.

^(d)	Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors.

^(e)	When-issued security.

^(f)	Represent bonds transferred to a TOB Trust in exchange of cash and residual certificates received by the Fund. These bonds serve as collateral in a secured borrowing.

^(g)	All or a portion of the security is subject to a recourse agreement. The aggregate maximum potential amount the Fund could ultimately be required to pay under the agreements, which expire between June 15, 2025 to January 1, 2028, is $7,277,776.

^(h)	Affiliate of the Fund.

⁽ⁱ⁾	Annualized 7-day yield as of period end.

For Fund compliance purposes, the Fund’s sector classifications refer to one or more of the sector sub-classifications used by one or more widely recognized market indexes or rating group indexes, and/or as defined by the investment adviser. These definitions may not apply for purposes of this report, which may combine such sector sub-classifications for reporting ease.

Investments in issuers considered to be affiliate(s) of the Fund during the period ended April 30, 2022 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

Derivative Financial Instruments Outstanding as of Period End Futures Contracts

Various inputs are used in determining the fair value of financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Global Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund’s policy regarding valuation of financial instruments, refer to its most recent financial statements.

The following table summarizes the Fund’s financial instruments categorized in the fair value hierarchy. The breakdown of the Fund’s financial instruments into major categories is disclosed in the Schedule of Investments above.

The Fund may hold assets and/or liabilities in which the fair value approximates the carrying amount for financial reporting purposes. As of period end, such assets and/or liabilities are categorized within the fair value hierarchy as follows:


Affiliated Issuer	Value at 07/31/21		Purchases at Cost		Proceeds from Sales			Net Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)		Value at 04/30/22		Shares Held at 04/30/22		Income		Capital Gain Distributions from Underlying Funds
BlackRock Liquidity Funds New York Money Fund Portfolio	$	20,584,473	$	—	$	(15,571,595	)^(a)	$	—	$	—	$	5,012,878		5,012,878	$	1,453	$	—


Description	Number of Contracts		Expiration Date		Notional Amount (000)		Value/ Unrealized Appreciation (Depreciation)
Short Contracts
10-Year U.S. Treasury Note		181		06/21/22	$	21,547	$	939,563
U.S. Long Bond		225		06/21/22		31,613		2,023,006
5-Year U.S. Treasury Note		291		06/30/22		32,756		945,626

							$	3,908,195


	Level 1		Level 2			Level 3		Total
Liabilities
TOB Trust Certificates	$	—	$	(64,230,425	)	$	—	$	(64,230,425	)
VRDP Shares at Liquidation Value		—		(247,700,000	)		—		(247,700,000	)

	$	—	$	(311,930,425	)	$	—	$	(311,930,425	)


Portfolio Abbreviation

AGC		Assured Guaranty Corp.

AGM		Assured Guaranty Municipal Corp.

AGM-CR		AGM Insured Custodial Receipt

AMBAC		AMBAC Assurance Corp.

AMT		Alternative Minimum Tax

ARB		Airport Revenue Bonds

BAM		Build America Mutual Assurance Co.

CAB		Capital Appreciation Bonds

FHA		Federal Housing Administration

FHLMC		Federal Home Loan Mortgage Corp.

FNMA		Federal National Mortgage Association

GNMA		Government National Mortgage Association

GO		General Obligation Bonds

HUD SECT 8		U.S. Department of Housing and Urban Development Section 8

M/F		Multi-Family

RB		Revenue Bond

S/F		Single-Family

SAW		State Aid Withholding

SONYMA		State of New York Mortgage Agency


SCHEDULE OF INVESTMENTS		2


SCHEDULE OF INVESTMENTS		4


SCHEDULE OF INVESTMENTS		6