NPORT-EX 2 NPORT_2776718756680559.htm EX-BNY

Schedule of Investments  (unaudited)

October 31, 2020

  

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)
    Value  

Municipal Bonds

   

New York — 123.2%

   
Corporate — 4.2%            

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

  $ 280     $        300,510  

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

        3,195       4,385,074  

New York State Environmental Facilities Corp., RB, 2.75%, 09/01/50(b)

    415       414,344  

New York Transportation Development Corp., RB

   

AMT, 5.00%, 10/01/35

    220       237,481  

AMT, 5.00%, 10/01/40

    630       676,009  

AMT, 4.38%, 10/01/45

    55       55,401  

Niagara Area Development Corp., Refunding RB, Series A,

   

AMT, 4.75%, 11/01/42(a)

    1,970       1,985,405  
   

 

 

 
      8,054,224  
County/City/Special District/School District — 33.2%  

City of New York New York, GO

   

Series A, 5.00%, 08/01/43

    1,500       1,810,710  

Series A-1, 5.00%, 08/01/21(c)

    1,000       1,035,320  

Series D, 5.38%, 06/01/32

    25       25,088  

Series D-1, 4.00%, 03/01/44

    620       696,068  

Sub-Series D-1, 5.00%, 08/01/31

    690       766,970  

Sub-Series G-1, 5.00%, 04/01/29

    4,620       4,900,388  

City of New York New York, Refunding GO

   

Series E, 5.50%, 08/01/25

    815       922,645  

Series E, 5.00%, 08/01/30

    1,000       1,094,030  

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

    945       1,145,038  

Hudson Yards Infrastructure Corp., RB, 5.75%, 02/15/47

    75       75,911  

Metropolitan Transportation Authority, Refunding RB, Sub- Series B-2, 4.00%, 11/15/34

    750       826,927  

New York City Industrial Development Agency, RB

   

(AMBAC), 5.00%, 01/01/39

    3,000       3,003,300  

(AGC), 6.38%, 01/01/39

    150       150,567  

(AGC), 0.00%, 03/01/42(d)

    1,960       995,621  

(AGC), 0.00%, 03/01/45(d)

    1,500       670,770  

(AMBAC), 5.00%, 01/01/46

    175       175,165  

New York City Industrial Development Agency, Refunding RB

   

4.00%, 03/01/45

    3,165       3,515,714  

(AGM), 4.00%, 03/01/45

    190       214,482  

New York City Transitional Finance Authority Future Tax Secured Revenue, RB

   

Series A-2, 5.00%, 08/01/38

    1,420       1,701,827  

Series D-1, 5.00%, 02/01/32

    5,000       5,661,850  

Sub-Series E-1, 5.00%, 02/01/42

    2,500       2,614,550  

Sub-Series E-1, 5.00%, 02/01/43

    1,725       2,024,236  

Series C-3, Subordinate, 5.00%, 05/01/41

    355       425,514  

New York Convention Center Development Corp., RB, CAB, Series B, Sub Lien, (AGM), 0.00%, 11/15/55(d)

    2,000       566,720  

New York Convention Center Development Corp., Refunding RB

   

5.00%, 11/15/40

    2,975       3,288,981  

5.00%, 11/15/45

    3,700       4,068,594  

New York Liberty Development Corp., Refunding RB

   

5.00%, 11/15/31

    860       899,474  

5.00%, 11/15/44

    7,655       7,957,296  

5.75%, 11/15/51

    1,340       1,405,700  
Security   Par
(000)
    Value  
County/City/Special District/School District (continued)  

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

   

Class 1, 4.00%, 09/15/35

  $ 1,935     $ 2,025,190  

Class 2, 5.00%, 09/15/43

    1,420       1,488,586  

Class 3, 5.00%, 03/15/44

    2,070       2,170,457  

Series 1, Class 1, 5.00%, 11/15/44(a)

    2,450       2,506,031  

Series 2, Class 2, 5.38%, 11/15/40(a)

    480       499,008  

New York State Dormitory Authority, RB, Series A, 5.00%, 07/01/21(c)

    2,000       2,062,780  
   

 

 

 
        63,391,508  
Education — 16.3%            

Amherst Development Corp., Refunding RB

   

5.00%, 10/01/43

    380       408,363  

5.00%, 10/01/48

    290       308,032  

Buffalo & Erie County Industrial Land Development Corp., Refunding RB, Series A, 5.00%, 06/01/35

    245       270,144  

Build NYC Resource Corp., RB(a)

   

5.00%, 02/01/33

    435       446,854  

5.75%, 02/01/49

    200       206,772  

Series A, 5.13%, 05/01/38

    660       694,993  

Build NYC Resource Corp., Refunding RB, Series A, 5.00%, 06/01/38

    250       284,555  

County of Cattaraugus New York, RB, 5.00%, 05/01/34

    170       181,572  

Dutchess County Local Development Corp., RB

   

5.00%, 07/01/43

    240       282,871  

5.00%, 07/01/48

    360       422,158  

Dutchess County Local Development Corp., Refunding RB

   

5.00%, 07/01/42

    395       467,735  

4.00%, 07/01/46

    745       819,507  

Geneva Development Corp., RB, 5.25%, 09/01/23(c)

    500       568,965  

Hempstead Town Local Development Corp., Refunding RB

   

5.00%, 10/01/35

    415       457,372  

5.00%, 07/01/47

    120       139,909  

Monroe County Industrial Development Corp., RB, Series A, 5.00%, 07/01/21(c)

    1,350       1,392,376  

Monroe County Industrial Development Corp., Refunding RB, Series A, 5.00%, 07/01/23(c)

    320       359,994  

New York State Dormitory Authority, RB

   

(AGM), 5.25%, 05/01/21(c)

    155       158,835  

(AGM), 5.63%, 05/01/21(c)

    750       769,943  

(AGM), 5.75%, 05/01/21(c)

    210       215,714  

5.00%, 07/01/42

    1,225       1,297,495  

1st Series, (AMBAC), 5.50%, 07/01/40

    1,440       2,169,216  

Series A, 5.25%, 01/01/34

    800       877,344  

Series A, 5.50%, 01/01/39

    2,000       2,169,220  

Series A, 5.00%, 07/01/43

    845       1,012,006  

Series B, 5.00%, 07/01/22(c)

    1,250       1,347,962  

New York State Dormitory Authority, Refunding RB 5.00%, 07/01/42

    300       306,117  

5.00%, 07/01/44

    850       952,969  

Series A, 5.00%, 07/01/22(c)

    1,790       1,930,282  

Series A, 5.25%, 07/01/23(c)

    2,800       3,168,473  

Series A, 5.00%, 07/01/28

    75       77,352  

Series A, 5.25%, 07/01/29

    85       87,806  

Series A, 5.00%, 07/01/33

    530       621,987  

Series A, 5.00%, 07/01/34

    250       282,855  

Series A, 5.00%, 07/01/35

    1,380       1,576,857  

Series A, 5.00%, 07/01/37

    835       938,356  
 

 

 

  1


Schedule of Investments  (unaudited) (continued)

October 31, 2020

  

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)
    Value  
Education (continued)            

Onondaga County Trust for Cultural Resources, Refunding RB, 5.00%, 05/01/40

  $ 355     $ 384,050  

Orange County Funding Corp., Refunding RB

   

Series A, 5.00%, 07/01/37

    360       378,832  

Series A, 5.00%, 07/01/42

    220       230,457  

St Lawrence County Industrial Development Agency, RB, 5.38%, 09/01/41

    750       771,127  

Troy Capital Resource Corp., Refunding RB

   

4.00%, 08/01/35

    470       499,084  

4.00%, 09/01/40

    680       741,928  

Trust for Cultural Resources of The City of New York, Refunding RB, Series A, 5.00%, 07/01/37

    225       257,222  

Yonkers Economic Development Corp., RB, Series A, 5.00%, 10/15/54

    200       213,342  
   

 

 

 
        31,149,003  
Health — 11.2%            

Dutchess County Local Development Corp., RB, Series B, 4.00%, 07/01/41

    1,600       1,699,312  

Genesee County Industrial Development Agency, Refunding RB, 5.00%, 12/01/27

    360       360,662  

Monroe County Industrial Development Corp., RB

   

4.00%, 12/01/41

    200       216,714  

5.00%, 12/01/46

    320       364,717  

Monroe County Industrial Development Corp., Refunding RB

   

4.00%, 12/01/38(e)

    295       326,612  

(FHA), 5.50%, 08/15/40

    1,650       1,672,374  

4.00%, 12/01/46(e)

    280       304,562  

Series A, 5.00%, 12/01/32

    240       260,119  

Nassau County Local Economic Assistance Corp., Refunding RB, 5.00%, 07/01/22(c)

    2,800       3,019,436  

New York State Dormitory Authority, RB, Series D, 4.25%, 05/01/39

    500       520,435  

New York State Dormitory Authority, Refunding RB

   

4.00%, 07/01/38

    470       513,235  

4.00%, 07/01/39

    615       668,892  

Series A, 5.00%, 05/01/21(c)

    2,000       2,046,970  

Series A, 5.00%, 05/01/43

    1,430       1,591,704  

Oneida County Local Development Corp., Refunding RB

   

(AGM), 3.00%, 12/01/44

    1,235       1,284,672  

(AGM), 4.00%, 12/01/49

    800       887,944  

Suffolk County Economic Development Corp., RB, Series C, 5.00%, 07/01/32

    230       261,335  

Tompkins County Development Corp., Refunding RB, 5.00%, 07/01/44

    110       113,455  

Westchester County Healthcare Corp., Refunding RB

   

Series A, Senior Lien, 5.00%, 11/01/21(c)

    3,130       3,277,454  

Series B, Senior Lien, 6.00%, 11/01/30

    65       65,222  

Westchester County Local Development Corp., Refunding RB

   

5.00%, 01/01/28

    675       709,196  

5.00%, 01/01/34

    1,250       1,293,438  
   

 

 

 
      21,458,460  
Housing — 4.2%            

New York City Housing Development Corp., Series 2014-8SPR, Class F, 4.50%, 02/15/48

    925       956,246  

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

   

3.15%, 11/01/44

    250       258,245  
Security   Par
(000)
    Value  
Housing (continued)            

New York City Housing Development Corp., RB, M/F Housing (continued)

   

Series B-1, 5.25%, 07/01/32

  $ 1,140     $    1,271,111  

Series B-1, 5.00%, 07/01/33

    500       553,320  

New York City Housing Development Corp., Refunding RB, M/F Housing, Series B-1-A, 3.65%, 11/01/49

    1,150       1,208,339  

New York State Housing Finance Agency, RB, M/F Housing

   

Series E, (FNMA, SONYMA), 4.15%, 11/01/47

    495       534,437  

Series H, 4.25%, 11/01/51

    1,000       1,091,460  

Series P, 3.15%, 11/01/54

    750       763,343  

Series A, AMT, (SONYMA), 5.00%, 02/15/39

    1,355       1,358,469  

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

    70       76,989  
   

 

 

 
      8,071,959  
Other — 0.8%            

New York City Industrial Development Agency, Refunding RB,

   

Series A, AMT, 5.00%, 07/01/22

    650       692,920  

Series A, AMT, 5.00%, 07/01/28

    795       845,681  
   

 

 

 
      1,538,601  
   

 

 

 
State — 14.2%            

New York City Transitional Finance Authority Building Aid Revenue, RB, Sub-Series S-1B, 4.00%, 07/15/42

    1,000       1,139,790  

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

    2,360       2,679,237  

New York State Dormitory Authority, RB

   

Series A, 5.00%, 03/15/36

    1,360       1,623,718  

Series A, 5.00%, 02/15/42

    1,500       1,778,250  

Series B, 5.00%, 03/15/39

    620       741,842  

Series B, 5.00%, 03/15/42

    4,380       4,603,249  

Series C, 5.00%, 03/15/34

    2,185       2,219,960  

New York State Dormitory Authority, Refunding RB

   

5.00%, 05/15/29

    2,000       2,142,060  

Series A, 5.25%, 03/15/39

    1,030       1,277,303  

Series E, 5.00%, 03/15/41

    1,160       1,415,397  

New York State Thruway Authority Highway & Bridge Trust Fund, Refunding RB, Series A, 5.00%, 04/01/32

    2,500       2,659,650  

New York State Urban Development Corp., RB

   

Series A, 4.00%, 03/15/49

    2,400       2,695,728  

Series C, 5.00%, 03/15/30

    885       976,128  

Series C, 5.00%, 03/15/32

    1,000       1,099,840  
   

 

 

 
      27,052,152  
Tobacco — 3.2%            

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

    150       152,318  

New York Counties Tobacco Trust IV, Refunding RB, Series A, 6.25%, 06/01/41(a)

    1,000       1,004,600  

New York Counties Tobacco Trust VI, Refunding RB

   

Series A-2-B, 5.00%, 06/01/45

    130       136,059  

Series A-2-B, 5.00%, 06/01/51

    1,470       1,484,362  

Series C, 4.00%, 06/01/51

    1,500       1,309,125  

Niagara Tobacco Asset Securitization Corp., Refunding RB

   

5.25%, 05/15/34

    250       259,205  

5.25%, 05/15/40

    110       112,661  

Westchester Tobacco Asset Securitization Corp.,

   

Refunding RB

   

Sub-Series C, 4.00%, 06/01/42

    700       737,233  

Sub-Series C, 5.13%, 06/01/51

    870       941,688  
   

 

 

 
      6,137,251  
 

 

 

2  


Schedule of Investments  (unaudited) (continued)

October 31, 2020

  

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)
    Value  
Transportation — 26.2%            

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

  $ 535     $ 613,533  

Hudson Yards Infrastructure Corp., Refunding RB

   

Series A, 5.00%, 02/15/39

    1,370       1,575,363  

Series A, 5.00%, 02/15/42

    1,225       1,396,696  

Metropolitan Transportation Authority, RB

   

Series A-1, 5.25%, 11/15/23(c)

    540       620,865  

Series D, 5.25%, 11/15/21(c)

    1,000       1,051,520  

Series E, 5.00%, 11/15/38

    4,000       4,111,040  

Metropolitan Transportation Authority, Refunding RB

   

Series A-1, 5.25%, 11/15/57

    750       803,880  

Series B, 5.00%, 11/15/37

    500       529,665  

Series D, 5.25%, 11/15/23(c)

    910       1,046,272  

Series F, 5.00%, 11/15/30

    2,000       2,055,680  

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

    2,695       2,923,617  

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

    920       1,055,498  

New York State Thruway Authority, Refunding RB

   

Series I, 5.00%, 01/01/22(c)

    2,040       2,152,573  

Series J, 5.00%, 01/01/41

    2,000       2,215,420  

Series K, 5.00%, 01/01/32

    2,575       2,984,116  

Series B, Subordinate, 4.00%, 01/01/53

    675       746,233  

New York Transportation Development Corp., ARB

   

Series A, AMT, (AGM), 4.00%, 07/01/41

    800       842,264  

Series A, AMT, 5.00%, 07/01/41

    1,040       1,121,598  

Series A, AMT, 5.00%, 07/01/46

    895       957,238  

Series A, AMT, 5.25%, 01/01/50

    5,625       6,047,100  

Port Authority of New York & New Jersey, ARB 6.00%, 12/01/42

    1,000       1,002,900  

Consolidated, 220th Series, AMT, 4.00%, 11/01/59

    1,655       1,804,463  

Series 6, AMT, (NPFGC), 5.75%, 12/01/22

    3,800       3,809,234  

Port Authority of New York & New Jersey, Refunding ARB

   

Series 179, 5.00%, 12/01/38

    575       639,199  

178th Series, AMT, 5.00%, 12/01/43

    500       547,065  

195th Series, AMT, 5.00%, 04/01/36

    750       869,700  

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

    640       660,614  

Series 178th, AMT, 5.00%, 12/01/33

    750       832,980  

Triborough Bridge & Tunnel Authority, RB

   

Series A, 5.00%, 11/15/42

    1,000       1,178,820  

Series B, 5.00%, 11/15/40

    350       404,649  

Series B, 5.00%, 11/15/45

    310       354,448  

Triborough Bridge & Tunnel Authority, Refunding RB

   

Series A, 5.25%, 11/15/45

    590       679,686  

Series A, 5.00%, 11/15/50

    500       561,720  

Series B, 5.00%, 11/15/38

    515       612,495  

Triborough Bridge & Tunnel Authority, Refunding RB, CAB, Series B, 0.00%, 11/15/32(d)

    1,700       1,309,238  
   

 

 

 
        50,117,382  
Utilities — 9.7%            

Long Island Power Authority, RB

   

5.00%, 09/01/36

    340       415,405  

5.00%, 09/01/38

    2,750       3,397,075  

5.00%, 09/01/47

    490       581,963  

Series C, (AGC), 5.25%, 09/01/29

    2,000       2,673,160  

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

    250       293,710  

New York City Water & Sewer System, RB, Series DD-1, 4.00%, 06/15/50

    2,565       2,932,693  
Security   Par
(000)
    Value  
Utilities (continued)            

New York City Water & Sewer System, Refunding RB

   

4.00%, 06/15/40

  $ 1,825     $ 2,126,618  

Series HH, 5.00%, 06/15/39

    1,000       1,167,900  

Sub-Series AA-1, 4.00%, 06/15/50

    1,000       1,148,100  

New York State Environmental Facilities Corp., RB, Series B, Subordinate, 5.00%, 06/15/48

    930       1,131,568  

New York State Environmental Facilities Corp., Refunding RB, Series B, 5.00%, 06/15/36

    350       359,716  

Utility Debt Securitization Authority, Refunding RB, Series TE, Restructured, 5.00%, 12/15/41

    2,000       2,270,020  
   

 

 

 
      18,497,928  
   

 

 

 

Total Municipal Bonds in New York

      235,468,468  
Puerto Rico — 6.7%            
State — 4.6%            

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

   

Series A-1, Restructured, 4.75%, 07/01/53

    1,146       1,201,398  

Series A-1, Restructured, 5.00%, 07/01/58

    4,732       5,032,671  

Series A-2, Restructured, 4.33%, 07/01/40

    618       636,126  

Series A-2, Restructured, 4.78%, 07/01/58

    1,045       1,097,135  

Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, RB, CAB, Series A-1, Restructured, 0.00%, 07/01/46(d)

    2,890       831,048  
   

 

 

 
      8,798,378  
Tobacco — 0.5%            

Children’s Trust Fund, Refunding RB, 5.63%, 05/15/43

    985       994,476  
   

 

 

 
Utilities — 1.6%            

Puerto Rico Commonwealth Aqueduct & Sewer Authority, RB

   

Series A, Senior Lien, 5.00%, 07/01/33

    1,545       1,568,191  

Series A, Senior Lien, 5.13%, 07/01/37

    445       451,755  

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

    1,020       1,021,744  
   

 

 

 
      3,041,690  
   

 

 

 

Total Municipal Bonds in Puerto Rico

      12,834,544  
   

 

 

 

Total Municipal Bonds — 129.9%
(Cost: $232,814,736)

      248,303,012  
   

 

 

 

Municipal Bonds Transferred to Tender Option Bond Trusts(f)

 

New York — 40.8%            
County/City/Special District/School District — 4.7%  

City of New York, GO

   

Sub-Series I-1, 5.00%, 03/01/36

    1,500       1,684,185  

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

    2,850       3,399,166  

Hudson Yards Infrastructure Corp., RB, 5.75%, 02/15/47(c)(g)

    1,250       1,267,663  

New York City Transitional Finance Authority Future Tax Secured Revenue, RB

   

Sub-Series D-1, 5.00%, 11/01/38

    825       857,414  

Sub-Series F-1, 5.00%, 05/01/38

    1,424       1,701,915  
   

 

 

 
      8,910,343  
Education — 2.1%            

Trust for Cultural Resources of The City of New York, Refunding RB, Series A, 5.00%, 08/01/23(c)

    3,527       3,980,062  
   

 

 

 
 

 

 

  3


Schedule of Investments  (unaudited) (continued)

October 31, 2020

  

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)
    Value  
Housing — 1.6%            

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

  $ 2,830     $ 3,113,906  
   

 

 

 
State — 4.0%            

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

    1,500       1,521,885  

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

    1,000       1,217,410  

New York State Thruway Authority, Refunding RB, Series A, 5.00%, 03/15/31

    1,180       1,225,206  

New York State Urban Development Corp., RB, Series A, 4.00%, 03/15/47

    1,497       1,649,954  

Sales Tax Asset Receivable Corp., Refunding RB

   

Series A, 5.00%, 10/15/31

    750       876,240  

Series A, 4.00%, 10/15/32

    1,000       1,122,910  
   

 

 

 
      7,613,605  
Transportation — 15.8%            

New York Liberty Development Corp., ARB, 5.25%, 12/15/43

    6,495       6,785,071  

New York Liberty Development Corp., Refunding RB, Class 1, 5.00%, 09/15/40

    2,610       2,757,752  

New York State Thruway Authority, Refunding RB, Subordinate, Series B, 4.00%, 01/01/45(g)

    5,998       6,769,776  

Port Authority of New York & New Jersey, ARB, AMT, Series 221, 4.00%, 07/15/60

    2,040       2,239,063  

Port Authority of New York & New Jersey, Refunding ARB 194th Series, 5.25%, 10/15/55

    1,455       1,665,742  

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

    1,500       1,560,780  

Consolidated, Series 211, 5.00%, 09/01/48

    1,900       2,262,938  

Triborough Bridge & Tunnel Authority, RB,
Series A, 4.00%, 11/15/54(g)

    4,037       4,544,348  

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

    1,500       1,725,570  
   

 

 

 
      30,311,040  
Utilities — 12.6%            

New York City Water & Sewer System, Refunding RB

   

Series BB, 5.00%, 06/15/44

    3,511       3,661,564  

Series HH, 5.00%, 06/15/32

    5,310       5,456,131  

New York Power Authority, Refunding RB,
Series A, 4.00%, 11/15/60

    3,751       4,251,358  

Utility Debt Securitization Authority, Refunding RB

   

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

    2,000       2,439,580  

Series B, 4.00%, 12/15/35

    370       425,929  

Series TE, Restructured, 5.00%, 12/15/41

    6,868       7,795,167  
   

 

 

 
      24,029,729  
   

 

 

 

Total Municipal Bonds in New York

      77,958,685  
   

 

 

 

Total Municipal Bonds Transferred to Tender Option Bond Trusts — 40.8%
(Cost: $73,389,351)

      77,958,685  
   

 

 

 

Total Long-Term Investments — 170.7%
(Cost: $306,204,087)

      326,261,697  
   

 

 

 

    

Security

  Shares     Value  

Short-Term Securities

   
Money Market Funds — 0.2%            

BlackRock Liquidity Funds New York Money Fund Portfolio, 0.01%(h)(i)

    456,662     $ 456,662  
   

 

 

 

Total Short-Term Securities — 0.2%
(Cost: $456,662)

      456,662  
   

 

 

 

Total Investments — 170.9%
(Cost: $306,660,749)

      326,718,359  

Other Assets Less Liabilities — 1.5%

      2,832,871  

Liability for TOB Trust Certificates, Including Interest Expense and Fees Payable — (23.0)%

 

    (43,899,734

VMTP Shares at Liquidation Value — (49.4)%

 

    (94,500,000
   

 

 

 

Net Assets Applicable to Common Shares — 100.0%

 

  $ 191,151,496  
   

 

 

 

 

(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) 

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.

(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) 

Zero-coupon bond.

(e) 

When-issued security.

(f) 

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.

(g) 

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 December 1, 2026 to February 15, 2047, is $9,054,666.

(h) 

Affiliate of the Trust.

(i) 

Annualized 7-day yield as of period end.

 

 

 

4  


Schedule of Investments  (unaudited) (continued)

October 31, 2020

  

BlackRock New York Municipal Income Trust (BNY)

 

Affiliates

Investments in issuers considered to be affiliate(s) of the Trust during the period ended October 31, 2020 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

 

Affiliated Issuer    Value at
07/31/20
     Purchases
at Cost
     Proceeds
from Sales
     Net
Realized
Gain (Loss)
     Change in
Unrealized
Appreciation
(Depreciation)
     Value at
10/31/20
     Shares
Held at
10/31/20
     Income      Capital Gain
Distributions
from
Underlying
Funds
 

BlackRock Liquidity Funds New York Money Fund Portfolio

   $ 410,715      $ 46,315 (a)     $      $ (368    $      $ 456,662        456,662      $ 39      $  
           

 

 

    

 

 

    

 

 

       

 

 

    

 

 

 

 

  (a) 

Represents net amount purchased (sold).

 

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 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.

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

     62          12/21/20        $ 8,570        $ 47,382  

U.S. Long Treasury Bond

     26          12/21/20          4,484          55,317  
                 

 

 

 
          $ 102,699  
                 

 

 

 

Fair Value Hierarchy as of Period End

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:

 

   

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’s”) assumptions used in determining the fair value of 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 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 Trust’s policy regarding valuation of financial instruments, refer to its most recent financial statements.

The following tables summarize the Trust’s investments and derivative financial instruments categorized in the disclosure hierarchy. The breakdown of the Trust’s investments into major categories is disclosed in the Schedule of Investments above.

 

 

    

  5


Schedule of Investments  (unaudited) (continued)

October 31, 2020

  

BlackRock New York Municipal Income Trust (BNY)

 

Fair Value Hierarchy as of Period End (continued)

 

      Level 1        Level 2        Level 3        Total  

Assets

                 

Investments

                 

Long-Term Investments

                 

Municipal Bonds

   $        $ 248,303,012        $        $ 248,303,012  

Municipal Bonds Transferred to Tender Option Bond Trusts

              77,958,685                   77,958,685  

Short-Term Securities

                 

Money Market Funds

   $ 456,662        $        $        $ 456,662  
  

 

 

      

 

 

      

 

 

      

 

 

 
   $ 456,662        $ 326,261,697        $        $ 326,718,359  
  

 

 

      

 

 

      

 

 

      

 

 

 

Derivative Financial Instruments(a)

                 

Assets

                 

Interest Rate Contracts

   $ 102,699        $        $        $ 102,699  
  

 

 

      

 

 

      

 

 

      

 

 

 

 

  (a)

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 reporting 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

   $        $ (43,883,434      $        $ (43,883,434

VMTP Shares at Liquidation Value

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

 

 

      

 

 

      

 

 

      

 

 

 
   $             —        $ (138,383,434      $             —        $ (138,383,434
  

 

 

      

 

 

      

 

 

      

 

 

 

 

Portfolio Abbreviation
AGC    Assured Guaranty Corp.
AGM    Assured Guaranty Municipal Corp.
AMBAC    AMBAC Assurance Corp.
AMT    Alternative Minimum Tax
ARB    Airport Revenue Bonds
CAB    Capital Appreciation Bonds
FHA    Federal Housing Administration
FNMA    Federal National Mortgage Association
GO    General Obligation Bonds
M/F    Multi-Family
NPFGC    National Public Finance Guarantee Corp.
RB    Revenue Bond
S/F    Single-Family
SONYMA    State of New York Mortgage Agency

 

 

6