NPORT-EX 2 BRNewYorkMunicIncomeTrust.htm EX-BNY

Schedule of Investments  (unaudited)

October 31, 2019

  

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

    
Security
  Par
(000)
    Value  

Municipal Bonds — 130.5%

 

New York — 125.0%

 

Corporate — 5.6%  

Build NYC Resource Corp., Refunding RB, Pratt Paper, Inc. Project, AMT, 5.00%, 01/01/35(a)

  $ 280     $ 310,215  

City of New York Industrial Development Agency, Refunding RB, Transportation Infrastructure Properties LLC, Series A, AMT:

   

5.00%, 07/01/22

    650       704,840  

5.00%, 07/01/28

    795       856,923  

New York Liberty Development Corp., Refunding RB, Goldman Sachs Headquarters,
5.25%, 10/01/35

    3,195       4,358,811  

New York Transportation Development Corp., Refunding ARB, American Airlines, Inc., AMT,
5.00%, 08/01/31

    2,305       2,404,161  

Niagara Area Development Corp., Refunding RB, Covanta Project, Series A, AMT,
4.75%, 11/01/42(a)

    2,370       2,473,616  
   

 

 

 
      11,108,566  
County/City/Special District/School District — 30.7%  

City of New York, GO, Refunding, Series E:

   

5.50%, 08/01/25

    815       941,121  

5.00%, 08/01/30

    1,000       1,115,900  

City of New York, GO:

   

Series A-1, 5.00%, 08/01/35

    1,000       1,061,230  

Series D, 5.38%, 06/01/32

    25       25,080  

Sub-Series D-1, Fiscal 2014, 5.00%, 08/01/31

    690       779,389  

Sub-Series G-1, 5.00%, 04/01/29

    750       816,247  

SubSeries A-1, Series A, 5.00%, 08/01/43

    1,500       1,855,455  

City of New York Convention Center Development Corp., RB, CAB, Sub Lien, Hotel Unit Fee, Series B (AGM),
0.00%, 11/15/55(b)

    2,000       644,480  

City of New York Convention Center Development Corp., Refunding RB, Hotel Unit Fee Secured:

   

5.00%, 11/15/40

    2,975       3,530,165  

5.00%, 11/15/45

    3,700       4,384,648  

City of New York Industrial Development Agency, RB, PILOT:

   

CAB, Yankee Stadium Project, Series A (AGC),
0.00%, 03/01/42(b)

    1,960       981,411  

CAB, Yankee Stadium Project, Series A (AGC),
0.00%, 03/01/45(b)

    1,500       667,560  
    
Security
  Par
(000)
    Value  
County/City/Special District/School District (continued)  

City of New York Industrial Development Agency, RB, PILOT (continued):

   

(AMBAC), 5.00%, 01/01/39

  $ 3,000     $ 3,007,170  

Queens Baseball Stadium (AGC), 6.38%, 01/01/39

    150       150,549  

Queens Baseball Stadium (AMBAC), 5.00%, 01/01/46

    175       175,387  

Yankee Stadium Project (NPFGC), 4.75%, 03/01/46

    350       350,763  

Yankee Stadium Project (NPFGC), 5.00%, 03/01/46

    500       501,105  

City of New York Transitional Finance Authority Future Tax Secured, RB:

   

Fiscal 2012, Sub-Series E-1, 5.00%, 02/01/42

    2,500       2,683,750  

Future Tax Secured, 5.00%, 02/01/32

    5,000       5,734,300  

Future Tax Secured Subordinate Bond,
Series C-3, 5.00%, 05/01/41

    355       433,278  

Future Tax Secured, Sub-Series E-1, 5.00%, 02/01/43

    1,725       2,058,339  

Series A-2, 5.00%, 08/01/38

    1,420       1,718,129  

County of Nassau New York, GO, Refunding,
Series C, 5.00%, 10/01/31

    945       1,153,467  

Hudson Yards Infrastructure Corp., RB, Senior, Fiscal 2012:

   

5.75%, 02/15/21(c)

    125       132,449  

5.75%, 02/15/47

    75       78,788  

Hudson Yards Infrastructure Corp., Refunding RB, Series A:

   

5.00%, 02/15/39

    1,370       1,640,082  

5.00%, 02/15/42

    1,225       1,462,282  

New York Liberty Development Corp., Refunding RB:

   

2nd Priority, Bank of America Tower at One Bryant Park Project, Class 2, 5.63%, 01/15/20(c)

    2,000       2,017,900  

2nd Priority, Bank of America Tower at One Bryant Park Project, Class 3, 6.38%, 01/15/20(c)

    1,200       1,212,348  

3 World Trade Center Project, Class 1, 5.00%, 11/15/44(a)

    1,835       2,017,252  

3 World Trade Center Project, Class 2, 5.38%, 11/15/40(a)

    480       539,496  

4 World Trade Center Project, 5.00%, 11/15/31

    860       920,492  
 

 

 

     1  


Schedule of Investments  (unaudited) (continued)

October 31, 2019

  

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

    
Security
  Par
(000)
    Value  
County/City/Special District/School District (continued)  

New York Liberty Development Corp., Refunding RB (continued):

   

4 World Trade Center Project, 5.00%, 11/15/44

  $ 7,655     $ 8,139,408  

7 World Trade Center Project, Class 1, 4.00%, 09/15/35

    1,935       2,039,916  

7 World Trade Center Project, Class 2, 5.00%, 09/15/43

    1,420       1,524,768  

7 World Trade Center Project, Class 3, 5.00%, 03/15/44

    2,070       2,243,963  

World Trade Center Project, 5.75%, 11/15/51

    1,340       1,452,855  
   

 

 

 
      60,190,922  
Education — 22.7%  

Amherst Development Corp., Refunding RB:

   

Daemen College Project, 5.00%, 10/01/43

    380       439,111  

Daemen College Project, 5.00%, 10/01/48

    290       340,805  

University at Buffalo Foundation Faculty-Student Housing Corp., Series A (AGM), 4.63%, 10/01/20(c)

    1,100       1,135,233  

Build NYC Resource Corp., RB(a):

   

Inwood Academy for Leadership Charter School Project, Series A, 5.13%, 05/01/38

    660       714,358  

New Dawn Charter School Project, 5.75%, 02/01/49

    200       210,770  

New Dawn Charter Schools Project, 5.00%, 02/01/33

    435       450,151  

Build NYC Resource Corp., Refunding RB, City University New York-Queens College Student Residences, LLC Project, Series A, 5.00%, 06/01/38

    250       285,070  

City of New York Trust for Cultural Resources, Refunding RB, Series A:

   

American Museum of Natural History, 5.00%, 07/01/37

    225       258,363  

Carnegie Hall, 4.75%, 12/01/39

    2,000       2,005,500  

City of Troy New York Capital Resource Corp., Refunding RB, Rensselaer Polytechnic Institute Project:

   

Series A, 5.13%, 09/01/40

    3,135       3,223,783  

Series B, 4.00%, 08/01/35

    470       518,706  
    
Security
  Par
(000)
    Value  
Education (continued)  

Counties of Buffalo & Erie New York Industrial Land Development Corp., Refunding RB, The Charter School for Applied Technologies Project, Series A, 5.00%, 06/01/35

  $ 245     $ 272,847  

County of Cattaraugus New York, RB, St. Bonaventure University Project, 5.00%, 05/01/34

    170       189,348  

County of Dutchess New York Local Development Corp., RB, Marist College Project:

   

5.00%, 07/01/43

    240       289,690  

5.00%, 07/01/48

    360       431,222  

County of Dutchess New York Local Development Corp., Refunding RB, Vassar College Project:

   

5.00%, 07/01/42

    395       472,752  

4.00%, 07/01/46

    745       813,957  

County of Monroe New York Industrial Development Corp., RB, University of Rochester Project, Series A, 5.00%, 07/01/21(c)

    1,900       2,022,417  

County of Monroe New York Industrial Development Corp., Refunding RB, University of Rochester Project, Series A, 5.00%, 07/01/23(c)

    320       364,982  

County of Nassau New York Industrial Development Agency, Refunding RB, New York Institute of Technology Project, Series A, 4.75%, 03/01/20(c)

    1,165       1,178,875  

County of Orange New York Funding Corp., Refunding RB, Mount St. Mary College Project, Series A:

   

5.00%, 07/01/37

    360       385,628  

5.00%, 07/01/42

    220       234,683  

County of St. Lawrence New York Industrial Development Agency, RB, Clarkson University Project, 5.38%, 09/01/41

    750       795,892  

County of Tompkins New York Development Corp., RB, Ithaca College Project (AGM), 5.50%, 01/01/21(c)

    700       735,588  

Geneva Development Corp., Refunding RB, Hobart & William Smith Colleges, 5.25%, 09/01/44

    500       561,510  

State of New York Dormitory Authority, RB:

   

Convent of the Sacred Heart (AGM), 5.25%, 11/01/24

    155       163,727  
 

 

 

2   


Schedule of Investments  (unaudited) (continued)

October 31, 2019

  

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

    
Security
  Par
(000)
    Value  
Education (continued)  

State of New York Dormitory Authority, RB (continued):

   

Convent of the Sacred Heart (AGM), 5.63%, 11/01/32

  $ 750     $ 794,280  

Convent of the Sacred Heart (AGM), 5.75%, 11/01/40

    210       221,834  

New York University, Series 1 (AMBAC), 5.50%, 07/01/40

    1,440       2,068,963  

New York University, Series B, 5.00%, 07/01/37

    1,250       1,368,562  

State University Dormitory Facilities, Series A, 5.00%, 07/01/41

    2,000       2,110,720  

State University Of New York Dormitory Facilities, Series A, 5.00%, 07/01/43

    845       1,028,061  

Teachers College, Series B, 5.00%, 07/01/42

    1,225       1,324,935  

Touro College & University System, Series A, 5.25%, 01/01/34

    800       905,776  

Touro College & University System, Series A, 5.50%, 01/01/39

    2,000       2,247,080  

University of Rochester, Series A, 5.13%, 07/01/39

    110       110,325  

University of Rochester, Series A, 5.75%, 07/01/39

    85       85,290  

State of New York Dormitory Authority, Refunding RB:

   

3rd General Resolution, State University Educational Facilities Issue, Series A, 5.00%, 05/15/29

    2,000       2,182,740  

Barnard College, Series A, 5.00%, 07/01/33

    530       624,367  

Cornell University, Series A, 5.00%, 07/01/40

    800       819,024  

Culinary Institute of America, 5.00%, 07/01/42

    300       319,935  

Fordham University, 5.00%, 07/01/44

    850       965,600  

Icahn School of Medicine at Mount Sinai, Series A, 5.00%, 07/01/35

    1,380       1,607,810  

New York University, Series A, 5.00%, 07/01/37

    1,790       1,959,781  

Skidmore College, Series A, 5.00%, 07/01/28

    75       79,514  

Skidmore College, Series A, 5.25%, 07/01/29

    85       90,422  

St. John’s University, Series A, 5.00%, 07/01/37

    835       973,067  
    
Security
  Par
(000)
    Value  
Education (continued)  

State of New York Dormitory Authority, Refunding RB (continued):

   

State University Dormitory Facilities, Series A, 5.25%, 07/01/30

  $ 2,355     $ 2,690,823  

State University Dormitory Facilities, Series A, 5.25%, 07/01/32

    445       506,931  

St. John’s Univerisity, Series A, 5.00%, 07/01/34

    250       292,395  

Town of Hempstead New York Local Development Corp., Refunding RB:

   

Adelphi University Project, 5.00%, 10/01/35

    415       476,067  

Hofstra University Project, 5.00%, 07/01/47

    120       141,574  
   

 

 

 
      44,490,844  
Health — 12.7%  

County of Dutchess New York Local Development Corp., RB, Health Quest Systems, Inc., Series B, 4.00%, 07/01/41

    1,600       1,739,680  

County of Dutchess New York Local Development Corp., Refunding RB, Health Quest System, Inc., Series A, 5.75%, 07/01/20(c)

    300       309,174  

County of Genesee New York Industrial Development Agency, Refunding RB, United Memorial Medical Center Project, 5.00%, 12/01/27

    395       395,691  

County of Monroe New York Industrial Development Corp., RB, Rochester General Hospital Project:

   

4.00%, 12/01/41

    200       215,848  

5.00%, 12/01/46

    320       370,838  

Series A, 5.00%, 12/01/32

    240       264,204  

County of Monroe New York Industrial Development Corp., Refunding RB, Unity Hospital of Rochester Project (FHA), 5.50%, 08/15/40

    1,650       1,727,995  

County of Nassau New York Local Economic Assistance Corp., Refunding RB, Winthrop University Hospital Association Project, 5.00%, 07/01/42

    2,800       3,025,456  
 

 

 

     3  


Schedule of Investments  (unaudited) (continued)

October 31, 2019

  

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

    
Security
  Par
(000)
    Value  
Health (continued)  

County of Oneida New York Local Development Corp., RB, Mohawk Valley Health System Project (AGM)(d):

   

3.00%, 12/01/44

  $ 1,410     $ 1,373,396  

4.00%, 12/01/49

    960       1,052,189  

County of Suffolk New York EDC, RB, Catholic Health Services, Series C, 5.00%, 07/01/32

    230       262,573  

County of Tompkins New York Development Corp., Refunding RB, Kendal at Ithaca, Inc. Project, Series A, 5.00%, 07/01/44

    110       120,247  

County of Westchester New York Healthcare Corp., Refunding RB, Senior Lien:

   

Remarketing, Series A, 5.00%, 11/01/30

    3,130       3,327,409  

Series B, 6.00%, 11/01/20(c)

    435       456,202  

Series B, 6.00%, 11/01/30

    65       67,727  

County of Westchester New York Local Development Corp., Refunding RB, Kendal On Hudson Project:

   

5.00%, 01/01/28

    675       733,151  

5.00%, 01/01/34

    1,250       1,350,438  

State of New York Dormitory Authority, RB:

   

New York University Hospitals Center, Series A, 6.00%, 07/01/20(c)

    500       516,110  

North Shore-Long Island Jewish Obligated Group, Series D, 4.25%, 05/01/39

    500       525,985  

State of New York Dormitory Authority, Refunding RB:

   

Catholic Health Syatem Obligation, 4.00%, 07/01/38

    470       522,711  

Catholic Health Syatem Obligation, 4.00%, 07/01/39

    615       682,798  

Mount Sinai Hospital, Series A, 5.00%, 07/01/26

    1,385       1,418,725  

North Shore-Long Island Jewish Obligated Group, Series A, 5.00%, 05/01/21(c)

    1,000       1,058,010  

North Shore-Long Island Jewish Obligated Group, Series A, 5.00%, 05/01/21(c)

    1,750       1,851,517  
    
Security
  Par
(000)
    Value  
Health (continued)  

State of New York Dormitory Authority, Refunding RB (continued):

   

North Shore-Long Island Jewish Obligated Group, Series A, 5.00%, 05/01/43

  $ 1,430     $ 1,628,784  
   

 

 

 
      24,996,858  
Housing — 4.9%  

City of New York Housing Development Corp., RB, M/F Housing:

   

Fund Grant Program, New York City Housing Authority Program, Series B1, 5.25%, 07/01/32

    1,140       1,270,883  

Fund Grant Program, New York City Housing Authority Program, Series B1, 5.00%, 07/01/33

    500       558,590  

Sustainable Neighborhood Bonds, 3.15%, 11/01/44

    250       251,710  

City of New York Housing Development Corp., Refunding RB, M/F Housing:

   

8 Spruce Street, Class F, 4.50%, 02/15/48

    925       978,687  

Sustainable Neighborhood, Series B-1-A, 3.65%, 11/01/49

    1,150       1,178,186  

County of Onondaga New York Trust for Cultural Resources, Refunding RB, Abby Lane Housing Corporation Project, 5.00%, 05/01/40

    355       421,396  

State of New York HFA, RB:

   

M/F Housing, Highland Avenue Senior Apartments, Series A, AMT (SONYMA), 5.00%, 02/15/39

    1,400       1,402,268  

M/F, Affordable Housing, Series E (SONYMA), 4.15%, 11/01/47

    495       526,037  

Series H, 4.25%, 11/01/51

    1,000       1,071,710  

State of New York Mortgage Agency, Refunding RB, S/F Housing, Series 213, 4.20%, 10/01/43

    1,785       1,938,617  
   

 

 

 
      9,598,084  
State — 10.1%  

City of New York Transitional Finance Authority Building Aid Revenue, RB, Subordinated, Series B, 4.00%, 07/15/42

    1,000       1,124,950  

City of New York Transitional Finance Authority Building Aid Revenue, Refunding RB, Series S-3, 4.00%, 07/15/38

    2,360       2,664,487  
 

 

 

4   


Schedule of Investments  (unaudited) (continued)

October 31, 2019

  

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

    
Security
  Par
(000)
    Value  
State (continued)  

State of New York Dormitory Authority, RB:

   

General Purpose, Series C, 5.00%, 03/15/34

  $ 2,185     $ 2,292,764  

Group B, State Sales Tax, Series A, 5.00%, 03/15/39

    620       738,792  

Series A, 5.00%, 03/15/36

    1,360       1,627,118  

Series A, 5.00%, 02/15/42

    1,500       1,777,080  

Series B, 5.00%, 03/15/42

    4,380       4,724,180  

State of New York Dormitory Authority, Refunding RB:

   

Group 3, Series E, 5.00%, 03/15/41

    1,160       1,414,423  

Series A, 5.25%, 03/15/39

    1,030       1,289,406  

State of New York Urban Development Corp., RB, State Personal Income Tax, Series C:

   

5.00%, 03/15/30

    885       992,483  

5.00%, 03/15/32

    1,000       1,119,200  
   

 

 

 
      19,764,883  
Tobacco — 3.3%  

Chautauqua Tobacco Asset Securitization Corp., Refunding RB, Asset-Backed, 4.75%, 06/01/39

    150       154,996  

Counties of New York Tobacco Trust IV, Refunding RB, Settlement Pass-Through Turbo, Series A, 6.25%, 06/01/41(a)

    1,000       1,015,220  

Counties of New York Tobacco Trust VI, Refunding RB:

   

Settlement Pass-Through Turbo, Series C, 4.00%, 06/01/51

    1,500       1,444,965  

Tobacco Settlement Pass-Through, Series A-2B, 5.00%, 06/01/45

    130       137,851  

Tobacco Settlement Pass-Through, Series A-2B, 5.00%, 06/01/51

    1,470       1,574,929  

County of Niagara New York Tobacco Asset Securitization Corp., Refunding RB, Asset-Backed:

   

5.25%, 05/15/34

    250       271,312  

5.25%, 05/15/40

    110       117,928  

Westchester Tobacco Asset Securitization Corp., Refunding RB, Tobacco Settlement Bonds, Sub-Series C:

   

4.00%, 06/01/42

    720       749,405  
    
Security
  Par
(000)
    Value  
Tobacco (continued)  

Westchester Tobacco Asset Securitization Corp., Refunding RB, Tobacco Settlement Bonds, Sub-Series C (continued):

   

5.13%, 06/01/51

  $ 870     $ 935,459  
   

 

 

 
      6,402,065  
Transportation — 26.9%  

Buffalo & Fort Erie Public Bridge Authority, RB, 5.00%, 01/01/47

    535       632,745  

Metropolitan Transportation Authority, RB:

   

Series A-1, 5.25%, 11/15/23(c)

    540       628,711  

Series D, 5.25%, 11/15/21(c)

    220       238,429  

Series E, 5.00%, 11/15/38

    4,000       4,477,960  

Metropolitan Transportation Authority, Refunding RB:

   

Green Bond, Group 2, Series C (AGM), 4.00%, 11/15/46

    1,000       1,124,350  

Green Bonds, Climate Bond Certified, Sub-Series B-2, 4.00%, 11/15/34

    750       857,715  

Green Bonds, Series A-1, 5.25%, 11/15/56

    750       888,337  

Series D, 5.25%, 11/15/21(c)

    780       845,341  

Series D, 5.25%, 11/15/23(c)

    910       1,059,495  

Series F, 5.00%, 11/15/30

    2,000       2,205,740  

Series F, 5.00%, 11/15/35

    500       583,630  

Transportation, Series D, 5.00%, 11/15/20(c)

    800       832,128  

Metropolitan Transportation Authority Hudson Rail Yards Trust Obligations, Refunding RB, Series A, 5.00%, 11/15/56

    2,695       2,999,023  

New York Transportation Development Corp., ARB, LaGuardia Airport Terminal B Redevelopment Project, Series A, AMT:

   

5.00%, 07/01/41

    1,040       1,152,892  

5.00%, 07/01/46

    5,960       6,586,515  

5.25%, 01/01/50

    560       624,803  

(AGM), 4.00%, 07/01/41

    800       849,144  

Port Authority of New York & New Jersey, ARB, JFK International Air Terminal LLC, Special Project, AMT:

   

Series 6 (NPFGC), 5.75%, 12/01/22

    4,930       5,117,241  

Series 8, 6.00%, 12/01/42

    1,000       1,041,650  
 

 

 

     5  


Schedule of Investments  (unaudited) (continued)

October 31, 2019

  

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

    
Security
  Par
(000)
    Value  
Transportation (continued)  

Port Authority of New York & New Jersey, Refunding ARB:

   

178th Series, AMT, 5.00%, 12/01/33

  $ 750     $ 846,502  

179th Series, 5.00%, 12/01/38

    575       650,889  

195th Series, AMT, 5.00%, 04/01/36

    750       890,310  

Consolidated, 177th Series, AMT, 4.00%, 01/15/43

    640       671,194  

Consolidated, 178th Series, AMT, 5.00%, 12/01/43

    500       559,315  

State of New York Thruway Authority, RB, Junior Lien, Series A, 5.25%, 01/01/56

    920       1,075,268  

State of New York Thruway Authority, Refunding RB, General:

   

2nd Highway & Bridge Trust, Series A, 5.00%, 04/01/32

    2,500       2,717,675  

Series I, 5.00%, 01/01/22(c)

    1,760       1,906,626  

Series I, 5.00%, 01/01/22(c)

    280       303,545  

Series J, 5.00%, 01/01/41

    2,000       2,256,340  

Series K, 5.00%, 01/01/32

    2,575       3,007,651  

Triborough Bridge & Tunnel Authority, RB:

   

Series A, 5.00%, 11/15/42

    1,000       1,207,050  

Series B, 5.00%, 11/15/40

    350       413,165  

Series B, 5.00%, 11/15/45

    310       363,974  

Triborough Bridge & Tunnel Authority, Refunding RB:

   

General, CAB, Series B, 0.00%, 11/15/32(b)

    1,700       1,247,647  

General, Series A, 5.25%, 11/15/45

    590       697,705  

General, Series A, 5.00%, 11/15/50

    500       580,415  

Series B, 5.00%, 11/15/38

    515       624,767  
   

 

 

 
      52,765,887  
Utilities — 8.1%  

City of New York Municipal Water Finance Authority, Refunding RB:

   

Series AA, 4.00%, 06/15/40

    1,825       2,093,567  

Water & Sewer System, 2nd General Resolution, Fiscal 2011, Series BB, 5.00%, 06/15/31

    1,000       1,023,680  

Water & Sewer System, 2nd General Resolution, Fiscal 2015, Series HH, 5.00%, 06/15/39

    1,000       1,171,100  

Long Island Power Authority, RB:

   

5.00%, 09/01/38

    2,750       3,367,623  

General, 5.00%, 09/01/47

    490       580,219  

General, 5.00%, 09/01/36

    340       411,169  
    
Security
  Par
(000)
    Value  
Utilities (continued)  

Long Island Power Authority, RB (continued):

   

General, Electric Systems, Series A (AGM), 5.00%, 05/01/21(c)

  $ 500     $ 529,180  

General, Electric Systems, Series C (AGC), 5.25%, 09/01/29

    2,000       2,610,900  

Long Island Power Authority, Refunding RB, Electric System, Series B, 5.00%, 09/01/46

    250       291,385  

State of New York Environmental Facilities Corp., RB, Subordinated SRF Bonds, Series B, 5.00%, 06/15/48

    930       1,130,768  

State of New York Environmental Facilities Corp., Refunding RB, Revolving Funds, New York City Municipal Water, Series B, 5.00%, 06/15/36

    350       370,433  

Utility Debt Securitization Authority, Refunding RB, Restructuring, Series E, 5.00%, 12/15/41

    2,000       2,265,880  
   

 

 

 
      15,845,904  
   

 

 

 

Total Municipal Bonds in New York

 

    245,164,013  
   

 

 

 

Puerto Rico — 5.5%

 

State — 3.4%  

Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, RB, Restructured:

   

Series A-1, 4.75%, 07/01/53

    989       1,020,035  

Series A-1, 5.00%, 07/01/58

    3,881       4,061,699  

Series A-2, 4.33%, 07/01/40

    523       529,914  

Series A-2, 4.78%, 07/01/58

    1,082       1,113,627  
   

 

 

 
      6,725,275  
Tobacco — 0.5%  

Children’s Trust Fund, Refunding RB, Tobacco Settlement Asset-Backed Bonds, 5.63%, 05/15/43

    985       1,000,386  
   

 

 

 
Utilities — 1.6%  

Commonwealth of Puerto Rico Aqueduct & Sewer Authority, RB, Senior Lien, Series A:

   

5.00%, 07/01/33

    1,545       1,619,036  

5.13%, 07/01/37

    445       467,317  
 

 

 

6   


Schedule of Investments  (unaudited) (continued)

October 31, 2019

  

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

    
Security
  Par
(000)
    Value  
Utilities (continued)  

Commonwealth of Puerto Rico Aqueduct & Sewer Authority, Refunding RB, Senior Lien, Series A, 6.00%, 07/01/38

  $ 1,020     $ 1,030,526  
   

 

 

 
      3,116,879  
   

 

 

 

Total Municipal Bonds in Puerto Rico

      10,842,540  
   

 

 

 

Total Municipal Bonds — 130.5%
(Cost — $237,042,893)

 

    256,006,553  
   

 

 

 

Municipal Bonds Transferred to Tender Option Bond Trusts(e) — 36.4%

 

New York — 36.4%

 

County/City/Special District/School District — 8.5%  

City of New York, GO:

   

Sub-Series G-1, 5.00%, 04/01/29

    4,370       4,756,002  

Sub-Series I-1, 5.00%, 03/01/36

    1,500       1,709,385  

Sub-Series-D1, Series D, 5.00%, 12/01/43(f)

    2,850       3,481,645  

City of New York Transitional Finance Authority, RB, Future Tax Secured:

   

Sub-Series D-1, 5.00%, 11/01/38

    825       881,018  

Sub-Series F-1, 5.00%, 05/01/38

    1,424       1,716,983  

Hudson Yards Infrastructure Corp., RB, Senior-Fiscal 2012(f):

   

5.75%, 02/15/21(c)

    774       817,281  

5.75%, 02/15/47

    476       502,767  

New York Liberty Development Corp., Refunding RB, 7 World Trade Center Project, Class 1, 5.00%, 09/15/40

    2,610       2,818,174  
   

 

 

 
      16,683,255  
Education — 2.0%  

City of New York Trust for Cultural Resources, Refunding RB, Wildlife Conservation Society, Series A, 5.00%, 08/01/33

    3,527       3,961,685  
   

 

 

 
Housing — 1.6%  

City of New York Housing Development Corp., Refunding RB, Sustainable Neighborhood Bonds, Series A, 4.25%, 11/01/43

    2,830       3,056,655  
   

 

 

 
State — 3.3%  

Sales Tax Asset Receivable Corp., Refunding RB, Fiscal 2015, Series A:

   

5.00%, 10/15/31

    750       878,010  

4.00%, 10/15/32

    1,000       1,116,860  
    
Security
  Par
(000)
    Value  
State (continued)  

State of New York Dormitory Authority, RB, General Purpose, Series C, 5.00%, 03/15/41

  $ 1,500     $ 1,569,105  

State of New York Dormitory Authority, Refunding RB, Bid Group 4, Series C, 5.00%, 03/15/39

    1,000       1,218,210  

State of New York Urban Development Corp., RB, State Personal Income Tax, General Purpose, Series A, 4.00%, 03/15/47

    1,497       1,676,332  
   

 

 

 
      6,458,517  
Transportation — 10.8%  

New York Liberty Development Corp., ARB, 1 World Trade Center Port Authority Consolidated Bonds, 5.25%, 12/15/43

    6,495       7,027,198  

Port Authority of New York & New Jersey, Refunding ARB:

   

Consolidated, Series 169th, 5.00%, 10/15/26

    1,500       1,602,885  

Consolidated, Series 210th, 5.00%, 09/01/48

    1,900       2,321,059  

Series194th, 5.25%, 10/15/55

    1,455       1,730,272  

State of New York Thruway Authority, Refunding RB:

   

Series B, 4.00%, 01/01/53(f)

    5,023       5,529,813  

Transportation, Personal Income Tax, Series A, 5.00%, 03/15/31

    1,180       1,259,744  

Triborough Bridge & Tunnel Authority, Refunding RB, General, Series A, 5.00%, 11/15/46

    1,500       1,774,440  
   

 

 

 
      21,245,411  
Utilities — 10.2%  

City of New York Municipal Water Finance Authority, Refunding RB, Water & Sewer System, 2nd General Resolution:

   

Fiscal 2011, Series HH, 5.00%, 06/15/32

    5,310       5,633,273  

Fiscal 2012, Series BB, 5.00%, 06/15/44

    3,511       3,757,067  

Utility Debt Securitization Authority, Refunding RB:

   

5.00%, 12/15/41

    6,868       7,780,950  

Restructuring, Series A, 5.00%, 12/15/35

    2,000       2,405,980  
 

 

 

     7  


Schedule of Investments  (unaudited) (continued)

October 31, 2019

  

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

    
Security
  Par
(000)
    Value  
Utilities (continued)  

Utility Debt Securitization Authority, Refunding RB (continued):

   

Restructuring, Series B, 4.00%, 12/15/35

  $ 370     $ 416,213  
   

 

 

 
      19,993,483  
   

 

 

 

Total Municipal Bonds Transferred to Tender Option Bond Trusts — 36.4%
(Cost — $67,183,803)

 

    71,399,006  
   

 

 

 

Total Long-Term Investments — 166.9%
(Cost — $304,226,696)

 

    327,405,559  
   

 

 

 
         
Shares
    Value  
Short-Term Securities — 0.2%  

BlackRock Liquidity Funds New York Money Fund Portfolio, 0.98%(g)(h)

    479,066     $ 479,066  
   

 

 

 

Total Short-Term Securities — 0.2%
(Cost — $479,066)

 

    479,066  
   

 

 

 

Total Investments — 167.1%
(Cost — $304,705,762)

 

    327,884,625  

Other Assets Less Liabilities — 1.0%

 

    1,780,863  

Liability for TOB Trust Certificates, Including Interest Expense and Fees Payable — (19.9)%

 

    (38,967,479

VMTP Shares, at Liquidation Value, Net of Deferred Offering Costs — (48.2)%

 

    (94,495,805
   

 

 

 

Net Assets Applicable to Common Shares — 100.0%

 

  $ 196,202,204  
   

 

 

 
 
(a)

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.

(b)

Zero-coupon bond.

(c)

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.

(d)

When-issued security.

(e)

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

(f)

All or a portion of the security is subject to a recourse agreement. The aggregate maximum potential amount the Trust could ultimately be required to pay under the agreements, which expire between 08/15/2020 to 07/01/2027, is $5,613,425.

(g)

Annualized 7-day yield as of period end.

(h)

During the period ended October 31, 2019, investments in issuers considered to be an affiliate/affiliates of the Trust for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

 

Affiliate   

Shares
Held at

07/31/19

     Net
Activity
     Shares
Held at
10/31/19
     Value at
10/31/19
     Income     

Net

Realized
Gain (Loss)
 (a)

     Change in
Unrealized
Appreciation
(Depreciation)
 

BlackRock Liquidity Funds New York Money Fund Portfolio

     4,949,042        (4,469,976      479,066      $ 479,066      $ 3,181      $      $  
           

 

 

    

 

 

    

 

 

    

 

 

 

 

  (a)

Includes net capital gain distributions, if applicable.

 

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

Portfolio Abbreviations

 

AGC    Assured Guarantee Corp.
AGM    Assured Guaranty Municipal Corp.
AMBAC    American Municipal Bond Assurance Corp.
AMT    Alternative Minimum Tax (subject to)

 

 

8   


Schedule of Investments  (unaudited) (continued)

October 31, 2019

  

BlackRock New York Municipal Income Trust (BNY)

 

Portfolio Abbreviations (continued)

 

ARB    Airport Revenue Bonds
CAB    Capital Appreciation Bonds
EDC    Economic Development Corp.
FHA    Federal Housing Administration
GO    General Obligation Bonds
HFA    Housing Finance Agency
M/F    Multi-Family
NPFGC    National Public Finance Guarantee Corp.
PILOT    Payment in Lieu of Taxes
RB    Revenue Bonds
S/F    Single-Family
SONYMA    State of New York Mortgage Agency
SRF    State Revolving Fund

Derivative Financial Instruments Outstanding as of Period End

Futures Contracts

 

Description    Number of
Contracts
       Expiration
Date
       Notional
Amount (000)
       Value/
Unrealized
Appreciation
(Depreciation)
 

Short Contracts

                 

10-Year U.S. Treasury Note

     16          12/19/19        $ 2,085        $ 3,108  

Long U.S. Treasury Bond

     33          12/19/19          5,325          28,195  

5-Year U.S. Treasury Note

     17          12/31/19          2,026          4,783  
                 

 

 

 
                  $ 36,086  
                 

 

 

 

 

 

     9  


Schedule of Investments  (unaudited) (continued)

October 31, 2019

  

BlackRock New York Municipal Income Trust (BNY)

 

Fair Value Hierarchy as of Period End

Various inputs are used in determining the fair value of investments and derivative 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:

 

   

Level 1 — Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that the Trust has the ability to access

 

   

Level 2 — Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs)

 

   

Level 3 — Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the BlackRock Global Valuation Methodologies Committee’s (the “Global Valuation Committee”) own assumptions used in determining the fair value of investments and derivative financial instruments)

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 Trusts. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for investments and derivative financial instruments is based on the pricing transparency of the investments and derivative financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Trust’s policy regarding valuation of investments and derivative financial instruments, refer to the Trust’s most recent financial statements as contained in its annual report.

The following tables summarize the Trust’s investments and derivative financial instruments categorized in the disclosure hierarchy:

 

      Level 1        Level 2        Level 3        Total  

Assets:

                 

Investments:

                 

Long-Term Investments(a)

   $        $ 327,405,559        $             —        $ 327,405,559  

Short-Term Securities

     479,066                            479,066  
  

 

 

      

 

 

      

 

 

      

 

 

 

Total

   $ 479,066        $ 327,405,559        $        $ 327,884,625  
  

 

 

      

 

 

      

 

 

      

 

 

 

Derivative Financial Instruments(b)

                 

Assets:

                 

Interest rate contracts

   $ 36,086        $        $        $ 36,086  
  

 

 

      

 

 

      

 

 

      

 

 

 

 

  (a)

See above Schedule of Investments for values in each sector.

 
  (b)

Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument.

 

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

 

      Level 1        Level 2        Level 3        Total  

Liabilities:

                 

TOB Trust Certificates

   $        $ (38,865,798      $        $ (38,865,798

VMTP Shares at Liquidation Value

              (94,500,000                 (94,500,000
  

 

 

      

 

 

      

 

 

      

 

 

 
   $        $ (133,365,798      $        $ (133,365,798
  

 

 

      

 

 

      

 

 

      

 

 

 

 

 

10