NPORT-EX 2 NPORT_D2H3_2194958267.htm BlackRock New York Municipal Income Trust

Schedule of Investments (unaudited) 

April 30, 2021

  

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

Security  

Par

(000)

    Value  

Municipal Bonds

 

New York — 122.4%

 

Corporate — 3.4%  

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

  $ 420     $ 468,733  

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

    5,025       7,200,976  

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

    665       678,652  

New York Transportation Development Corp., RB

   

AMT, 5.00%, 10/01/35

    320       404,694  

AMT, 5.00%, 10/01/40

    875       1,088,395  

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

    2,710       2,839,511  
   

 

 

 
          12,680,961  
County/City/Special District/School District — 32.6%  

City of New York New York, GO, Series D-1, 4.00%, 03/01/44

    620       721,488  

City of New York NY, GO, Series F-1, 5.00%, 03/01/44

    2,000       2,558,140  

City of New York, GO

   

Series A, 5.00%, 08/01/43

    1,500       1,877,550  

Series A-1, 5.00%, 08/01/21(c)

    1,200       1,214,124  

Series C, 5.00%, 08/01/42

    385       490,390  

Series D, 5.38%, 06/01/32

    25       25,097  

Sub-Series D-1, 5.00%, 08/01/31

        1,820       2,006,696  

Sub-Series F-1, 5.00%, 04/01/43

    930       1,137,213  

Sub-Series G-1, 5.00%, 04/01/22(c)

    5,620       5,867,786  

City of New York, Refunding GO

   

Series E, 5.00%, 02/01/23(c)

    2,500       2,711,075  

Series E, 5.50%, 08/01/25

    1,180       1,318,272  

City of Syracuse New York, GO, Series A, AMT, (AGM), 4.75%, 11/01/31

    500       508,995  

County of Nassau New York, GO

   

Series B, (AGM), 5.00%, 07/01/45

    1,000       1,224,310  

Series C, 5.00%, 10/01/29

    500       622,835  

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

    1,420       1,748,105  

Erie County Industrial Development Agency, RB, Series A, (SAW), 5.25%, 05/01/31

    200       200,748  

Erie County Industrial Development Agency, Refunding RB, Series A, (SAW), 5.00%, 05/01/28

    565       672,531  

Haverstraw-Stony Point Central School District, GO, (AGM), 5.00%, 10/15/36

    120       134,174  

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

    1,035       1,039,823  

Metropolitan Transportation Authority, Refunding RB

   

Sub-Series B-1, 5.00%, 11/15/31

    1,500       1,671,060  

Sub-Series B-2, 4.00%, 11/15/34

    1,750       2,039,205  

New York City Industrial Development Agency,
RB(d)

   

(AGC), 0.00%, 03/01/35

    500       366,010  

(AGC), 0.00%, 03/01/39

    1,000       633,760  

(AGC), 0.00%, 03/01/42

    3,710       2,106,464  

(AGC), 0.00%, 03/01/45

    2,000       1,015,740  

New York City Industrial Development Agency, Refunding RB

   

4.00%, 03/01/45

    6,000       6,824,040  

(AGM), 4.00%, 03/01/45

    360       413,240  

Class A, (AGM), 3.00%, 01/01/46

    4,750       4,974,628  
Security  

Par

(000)

    Value  

County/City/Special District/School District (continued)

 

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

   

Series A-2, 5.00%, 08/01/38

  $ 2,545     $ 3,142,082  

Series D-1, 5.00%, 02/01/32

    5,000       5,629,750  

Series D-1, 5.00%, 11/01/38

    825       844,363  

Sub-Series A-3, 4.00%, 08/01/43

    1,035       1,177,302  

Sub-Series B-1, 5.00%, 11/01/35

    425       481,912  

Sub-Series B-1, 5.00%, 11/01/36

    340       385,268  

Sub-Series E-1, 5.00%, 02/01/39

    1,015       1,233,032  

Sub-Series E-1, 5.00%, 02/01/42

    2,500       2,586,000  

Sub-Series E-1, 5.00%, 02/01/43

    3,600       4,348,548  

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

    2,445       3,003,878  

New York Convention Center Development Corp., RB, CAB(d)

   

Series A, Senior Lien, 0.00%, 11/15/47

    3,000       1,307,940  

Series B, Sub Lien, (AGM-CR), 0.00%, 11/15/55

    4,000       1,521,800  

New York Convention Center Development Corp., Refunding RB

   

5.00%, 11/15/40

    5,755       6,528,587  

5.00%, 11/15/45

    7,290       8,266,496  

New York Liberty Development Corp., Refunding RB

   

5.00%, 11/15/31

    2,860       2,927,982  

5.00%, 11/15/44

    10,155       10,376,074  

5.75%, 11/15/51

    2,555       2,627,358  

Class 1, 4.00%, 09/15/35

    3,035       3,134,639  

Class 2, 5.00%, 09/15/43

    2,420       2,512,686  

Class 3, 5.00%, 03/15/44

    2,760       2,862,782  

Series 1, Class 1, 5.00%, 11/15/44(a)

    4,545       4,948,505  

Series 2, Class 2, 5.38%, 11/15/40(a)

    680       765,150  

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

        3,670           3,698,296  

New York State Dormitory Authority, Refunding RB, Series A, 5.00%, 07/01/22(c)

    450       475,281  

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

    410       454,444  
   

 

 

 
      121,363,654  
Education — 18.4%  

Albany Capital Resource Corp., Refunding RB

   

Series A, 5.00%, 12/01/33

    175       189,723  

Series A, 4.00%, 12/01/34

    130       134,400  

Amherst Development Corp., Refunding RB 5.00%, 10/01/43

    535       570,781  

5.00%, 10/01/48

    410       432,960  

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

    345       390,626  

Build NYC Resource Corp., RB(a)

   

5.00%, 02/01/33

    420       445,238  

5.75%, 02/01/49

    455       484,375  

Series A, 5.13%, 05/01/38

    660       736,151  

Series A, 5.50%, 05/01/48

    270       300,618  

Build NYC Resource Corp., Refunding RB 5.00%, 06/01/33

    300       347,340  

5.00%, 06/01/35

    350       406,728  

5.00%, 06/01/40

    690       786,904  

5.00%, 08/01/47

    135       161,218  

5.00%, 11/01/47

    515       773,314  

Series A, 5.00%, 06/01/38

    750       835,500  

County of Cattaraugus New York, RB

   

5.00%, 05/01/34

    170       186,543  
 

 

 

1  


Schedule of Investments (unaudited) (continued)

April 30, 2021

  

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

Security  

Par

(000)

    Value  

Education (continued)

 

County of Cattaraugus New York, RB (continued)

 

5.00%, 05/01/39

  $ 125     $ 136,334  

Dobbs Ferry Local Development Corp., RB 5.00%, 07/01/39

    1,000       1,138,690  

5.00%, 07/01/44

    500       567,455  

Dutchess County Local Development Corp., RB 5.00%, 07/01/43

    450       559,107  

5.00%, 07/01/48

    680       835,856  

Dutchess County Local Development Corp., Refunding RB

   

5.00%, 07/01/42

    755       923,350  

4.00%, 07/01/46

    1,430       1,607,406  

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

    900       1,006,326  

Hempstead Town Local Development Corp., Refunding RB

   

5.00%, 10/01/34

    310       351,258  

5.00%, 10/01/35

    935       1,058,588  

4.00%, 07/01/37

    220       254,690  

5.00%, 07/01/47

    320       387,834  

Madison County Capital Resource Corp., Refunding RB, Series A,
4.50%, 07/01/23(c)

    1,500       1,640,520  

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

        2,750           2,771,202  

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

    960       1,060,272  

New York State Dormitory Authority, RB

   

(AGM), 5.25%, 05/01/21(c)

    155       155,000  

(AGM), 5.63%, 05/01/21(c)

    750       750,000  

(AGM), 5.75%, 05/01/21(c)

    1,010       1,010,000  

5.00%, 07/01/42

    1,225       1,288,087  

1st Series, (AMBAC), 5.50%, 07/01/40

    1,440       2,134,858  

Series A, 5.00%, 07/01/21(c)

    500       503,825  

Series A, 5.50%, 07/01/21(c)

    150       151,266  

Series A, 5.25%, 01/01/34

    2,000       2,226,880  

Series A, 5.50%, 01/01/39

    2,000       2,234,920  

Series A, 5.00%, 07/01/43

    1,260       1,545,327  

Series B, 5.00%, 07/01/22(c)

    1,750       1,848,315  

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

    300       311,346  

5.00%, 07/01/44

    2,130       2,425,218  

Series A, 5.00%, 07/01/22(c)

    2,835       2,994,242  

Series A, 5.25%, 07/01/23(c)

    6,820       7,569,040  

Series A, 5.00%, 07/01/24(c)

    500       573,375  

Series A, 5.00%, 07/01/28

    75       75,553  

Series A, 5.25%, 07/01/29

    285       287,214  

Series A, 5.25%, 07/01/31

    300       302,331  

Series A, 5.00%, 07/01/33

    530       626,608  

Series A, 5.00%, 07/01/34

    250       292,295  

Series A, 5.00%, 07/01/35

    3,445       4,026,068  

Series A, 5.00%, 07/01/37

    835       973,535  

Series A, 5.00%, 07/01/38

    255       311,643  

Series A, 5.00%, 07/01/43

    2,960       3,431,528  

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

    1,065       1,171,649  

Orange County Funding Corp., Refunding RB

   

Series A, 5.00%, 07/01/37

    540       563,366  

Series A, 5.00%, 07/01/42

    335       348,993  

Schenectady County Capital Resource Corp., Refunding RB, 5.00%, 07/01/32

    500       525,915  
Security  

Par

(000)

    Value  

Education (continued)

 

St Lawrence County Industrial Development Agency, RB, 6.00%, 09/01/34

  $ 150     $ 152,409  

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

    1,400       1,418,886  

Troy Capital Resource Corp., Refunding RB

   

4.00%, 08/01/35

    890       995,581  

4.00%, 09/01/40

    1,285       1,510,954  

Trust for Cultural Resources of The City of New York, Refunding RB

   

Series A, 5.00%, 07/01/37

    1,105       1,255,943  

Series A, 5.00%, 07/01/41

    500       565,745  

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

    300       335,010  

Yonkers Economic Development Corp., Refunding RB

   

Series A, 5.00%, 10/15/40

    70       81,505  

Series A, 5.00%, 10/15/50

    115       130,819  
   

 

 

 
          68,586,556  
Health — 9.4%  

Buffalo & Erie County Industrial Land Development Corp., RB, 5.25%, 07/01/35

    500       584,305  

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

        2,150       2,367,537  

Huntington Local Development Corp., RB, Series A, 5.25%, 07/01/56

    305       321,305  

Monroe County Industrial Development Corp., RB

   

4.00%, 12/01/41

    600       666,486  

5.00%, 12/01/46

    960       1,123,594  

Monroe County Industrial Development Corp., Refunding RB

   

4.00%, 12/01/46

    530       608,467  

Series A, 5.00%, 12/01/32

    420       448,211  

Series A, 5.00%, 12/01/37

    1,100       1,171,137  

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

    2,800       2,957,304  

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

    1,000       1,035,150  

New York State Dormitory Authority, Refunding RB
4.00%, 07/01/38

    890       1,021,773  

4.00%, 07/01/39

    1,165       1,332,690  

Series A, 5.00%, 05/01/21(c)

    4,150       4,150,000  

Series A, 5.25%, 05/01/21(c)

    1,640       1,640,000  

Series A, 5.00%, 05/01/43

    3,430       3,919,907  

Oneida County Local Development Corp., Refunding RB

   

(AGM), 3.00%, 12/01/44

    1,800       1,889,532  

(AGM), 4.00%, 12/01/49

    1,100       1,233,936  

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

    530       602,048  

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

    110       119,110  

Westchester County Healthcare Corp., Refunding RB

   

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

    4,920       5,037,736  

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

    85       85,344  

Westchester County Local Development Corp., Refunding RB

   

5.00%, 01/01/28

    675       718,443  

5.00%, 01/01/34

    1,750       1,835,103  
   

 

 

 
      34,869,118  
 

 

 

S C H E D U L E    O F   I N V E S T M E N T S   2


Schedule of Investments (unaudited) (continued)

April 30, 2021

  

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

Security  

Par

(000)

    Value  

Housing — 6.0%

 

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

   

3.15%, 11/01/44

  $ 250     $ 259,272  

Series B-1, 5.25%, 07/01/30

    750       820,410  

Series B-1, 5.25%, 07/01/32

    2,970       3,238,518  

Series B-1, 5.00%, 07/01/33

    1,300       1,410,968  

Series C-1A, 4.20%, 11/01/44

    1,000       1,044,910  

Series I-1, (FHA 542 (C)), 2.65%, 11/01/50

    2,880       2,889,763  

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

   

Series B-1-A, 3.65%, 11/01/49

    1,715       1,814,693  

Series D-A1, (FHA 542 (C)), 2.30%, 11/01/45

    2,665       2,553,416  

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

   

Series B, (FHLMC SONYMA COLL, FNMA, GNMA), 4.00%, 11/01/42

    110       119,312  

Series E, (SONYMA FANNIE MAE), 4.15%, 11/01/47.

    1,485       1,607,602  

Series H, 4.25%, 11/01/51

    1,000       1,106,360  

Series M-1, (SONYMA FHA 542(C)), 2.65%, 11/01/54

    1,600       1,617,104  

Series P, 3.15%, 11/01/54

    1,420       1,474,400  

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

    2,215       2,220,094  
   

 

 

 
          22,176,822  
Other — 0.6%            

New York City Industrial Development Agency, Refunding RB

   

Series A, AMT, 5.00%, 07/01/22

    1,000       1,050,830  

Series A, AMT, 5.00%, 07/01/28

        1,125       1,179,945  
   

 

 

 
      2,230,775  
State — 12.9%            

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

    1,500       1,748,610  

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

    5,715       6,696,437  

New York State Dormitory Authority, RB

   

Series A, 5.00%, 03/15/36

    1,905       2,297,163  

Series A, 5.00%, 03/15/39

    760       941,587  

Series A, 5.00%, 02/15/42

    2,250       2,679,008  

Series A, 5.00%, 03/15/43

    265       324,731  

Series B, 5.00%, 03/15/37

    2,070       2,153,338  

Series B, 5.00%, 03/15/38

    560       679,952  

Series B, 5.00%, 03/15/39

    960       1,165,142  

Series B, 5.00%, 03/15/42

    6,780       7,044,081  

Series C, 4.00%, 03/15/45

    1,225       1,377,047  

New York State Dormitory Authority, Refunding RB
5.00%, 05/15/29

    2,000       2,097,840  

Series A, 5.25%, 03/15/39

    3,045       3,850,007  

Series E, 5.00%, 03/15/41

    2,200       2,730,816  

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

    2,750       2,869,597  

New York State Urban Development Corp., RB Series A, 4.00%, 03/15/49

    4,565       5,315,851  
Security  

Par

(000)

    Value  

State (continued)

 

New York State Urban Development Corp., RB (continued)

   

Series C, 5.00%, 03/15/30

  $ 1,885     $ 2,050,635  

Series C, 5.00%, 03/15/32

    2,000       2,172,820  
   

 

 

 
      48,194,662  
Tobacco — 3.3%            

Chautauqua Tobacco Asset Securitization Corp., Refunding RB

   

4.75%, 06/01/39

    400       415,232  

5.00%, 06/01/48

    500       516,685  

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

    1,400       1,421,042  

New York Counties Tobacco Trust VI, Refunding RB

   

Series A-2-B, 5.00%, 06/01/45

    430       461,257  

Series A-2-B, 5.00%, 06/01/51

    2,340       2,471,087  

Series C, 4.00%, 06/01/51

    2,250       2,273,017  

Niagara Tobacco Asset Securitization Corp., Refunding RB

   

5.25%, 05/15/34

    250       282,360  

5.25%, 05/15/40

    630       687,607  

TSASC, Inc., Refunding RB, Series A, 5.00%, 06/01/41

    910       1,059,022  

Westchester Tobacco Asset Securitization Corp., Refunding RB

   

Sub-Series C, 4.00%, 06/01/42

    1,245       1,353,327  

Sub-Series C, 5.13%, 06/01/51

        1,225       1,362,543  
   

 

 

 
          12,303,179  
Transportation — 22.7%            

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

    1,015       1,189,235  

Hudson Yards Infrastructure Corp., Refunding RB

   

Series A, 5.00%, 02/15/39

    2,440       2,925,316  

Series A, 5.00%, 02/15/42

    2,255       2,690,756  

Metropolitan Transportation Authority, RB

   

Series A, 5.00%, 11/15/21(c)

    575       589,847  

Series A-1, 5.25%, 11/15/23(c)

    1,080       1,218,628  

Series D, 5.25%, 11/15/21(c)

    3,000       3,081,326  

Series E, 5.00%, 11/15/38

    5,650       6,204,208  

Metropolitan Transportation Authority, Refunding RB

   

Series A-1, 5.25%, 11/15/57

    1,000       1,182,740  

Series B, 5.00%, 11/15/37

    1,000       1,181,880  

Series D, 5.25%, 11/15/23(c)

    1,660       1,873,078  

Series F, 5.00%, 11/15/30

    3,500       3,742,410  

Sub-Series B-1, 5.00%, 11/15/51

    480       569,246  

Sub-Series C-1, 5.00%, 11/15/34

    1,860       2,206,034  

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

    5,160       5,631,985  

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

    500       514,960  

New York State Thruway Authority, RB

   

Series A, Junior Lien, 5.00%, 01/01/41

    365       433,248  

Series A, Junior Lien, 5.25%, 01/01/56

    1,130       1,336,406  

New York State Thruway Authority, Refunding RB

   

Series I, 5.00%, 01/01/22(c)

    6,350       6,553,200  

Series J, 5.00%, 01/01/41

    2,500       2,786,800  

Series K, 5.00%, 01/01/32

    3,325       3,848,288  

Series L, 5.00%, 01/01/33

    90       112,010  

Series L, 5.00%, 01/01/34

    140       173,767  
 

 

 

3  


Schedule of Investments (unaudited) (continued)

April 30, 2021

  

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

Security  

Par

(000)

    Value  

Transportation (continued)

 

New York State Thruway Authority, Refunding RB (continued)

   

Series L, 5.00%, 01/01/35

  $ 170     $ 210,877  

Series B, Subordinate, 4.00%, 01/01/45

    1,300       1,495,130  

New York Transportation Development Corp., ARB

   

Series A, AMT, (AGM-CR), 4.00%, 07/01/41

    1,100       1,186,570  

Series A, AMT, 5.00%, 07/01/41

    1,040       1,169,792  

Series A, AMT, 5.00%, 07/01/46

    1,270       1,422,502  

Series A, AMT, 5.25%, 01/01/50

    7,895       8,891,349  

New York Transportation Development Corp., RB, AMT, 4.00%, 04/30/53

    2,000       2,264,580  

Port Authority of New York & New Jersey, ARB, Consolidated, 220th Series, AMT, 4.00%, 11/01/59

    2,320       2,612,111  

Port Authority of New York & New Jersey, Refunding ARB

   

Series 179, 5.00%, 12/01/38

    820       914,677  

178th Series, AMT, 5.00%, 12/01/43

    930       1,029,575  

195th Series, AMT, 5.00%, 04/01/36

    750       915,788  

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

    1,120       1,181,667  

Series 178th, AMT, 5.00%, 12/01/33

    750       834,548  

State of New York Thruway Authority, RB, Series B, Subordinate, 4.00%, 01/01/53

    675       769,196  

Triborough Bridge & Tunnel Authority, RB

   

Series A, 5.00%, 11/15/42

    1,000       1,216,360  

Series A, 5.00%, 11/15/56

    360       457,625  

Series B, 5.00%, 11/15/40

    870       1,033,517  

Series B, 5.00%, 11/15/45

    310       364,042  

Triborough Bridge & Tunnel Authority, Refunding RB

   

Series A, 5.00%, 11/15/29.

    810       885,419  

Series A, 5.25%, 11/15/45

    1,330       1,561,513  

Series A, 5.00%, 11/15/50

    1,000       1,153,140  

Series B, 5.00%, 11/15/38

    725       886,726  

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

        2,335       1,901,227  
   

 

 

 
          84,403,299  
Utilities — 13.1%            

Albany Municipal Water Finance Authority, Refunding RB, Series A, 5.00%, 12/01/21(c)

    1,000       1,027,970  

Long Island Power Authority, RB

   

(AGM), 0.00%, 06/01/28(d)

    3,515       3,236,014  

5.00%, 09/01/36

    340       421,430  

5.00%, 09/01/38

    3,375       4,255,402  

5.00%, 09/01/42

    290       356,538  

5.00%, 09/01/47

    1,640       2,001,374  

Series A, (AGM), 5.00%, 05/01/21(c)

    500       500,000  

Series C, (AGC), 5.25%, 09/01/29

    4,000       5,311,080  

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

    515       617,418  

New York City Water & Sewer System, RB

   

Series DD, 5.25%, 06/15/47

    245       302,306  

Series DD-1, 4.00%, 06/15/50

    3,965       4,637,424  

Series CC-1, Subordinate, 4.00%, 06/15/51

    5,000       5,915,650  

New York City Water & Sewer System, Refunding RB 4.00%, 06/15/40

    1,825       2,166,385  

Series EE, 5.00%, 06/15/40

    700       867,636  

Series HH, 5.00%, 06/15/39

    3,500       4,089,155  

Sub-Series AA-1, 4.00%, 06/15/50

    1,000       1,175,830  
Security  

Par

(000)

    Value  

Utilities (continued)

   

New York City Water & Sewer System, Refunding RB (continued)

   

Sub-Series FF-2, Subordinate, 4.00%, 06/15/41

  $ 455     $ 536,254  

New York Power Authority, Refunding RB, Series A, 5.00%, 11/15/21(c)

    1,000       1,025,820  

New York State Environmental Facilities Corp., RB

   

Series B, 5.00%, 09/15/40

    635       742,461  

Series B, Subordinate, 5.00%, 06/15/48

    1,760       2,199,507  

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

    700       703,850  

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

    5,690       6,352,657  

Western Nassau County Water Authority, RB, Series A, 5.00%, 04/01/40

    250       287,568  
   

 

 

 
      48,729,729  
   

 

 

 

Total Municipal Bonds in New York

          455,538,755  

Puerto Rico — 5.9%

   
State — 4.7%            

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

   

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

    1,731       1,921,704  

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

    7,731       8,685,083  

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

    3,004       3,283,432  

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

    1,544       1,718,858  

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

    130       143,955  

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

    126       139,825  

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

    5,916       1,865,374  
   

 

 

 
      17,758,231  
Tobacco — 0.4%            

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

    1,385       1,400,734  
   

 

 

 
Utilities — 0.8%            

Puerto Rico Commonwealth Aqueduct & Sewer Authority, RB

   

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

        2,160       2,251,649  

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

    620       646,895  
   

 

 

 
      2,898,544  
   

 

 

 

Total Municipal Bonds in Puerto Rico

      22,057,509  
   

 

 

 

Total Municipal Bonds — 128.3%
(Cost: $438,035,759)

      477,596,264  
   

 

 

 

Municipal Bonds Transferred to Tender Option Bond Trusts(e)

 

New York — 38.1%

   
County/City/Special District/School District — 4.2%  

City of New York, GO

   

Sub-Series I-1, 5.00%, 03/01/36.

    2,250       2,527,538  

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

    4,000       4,958,680  

City of New York, Refunding GO, Series B, 4.00%, 08/01/32

    1,790       1,974,871  

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

    1,142       1,146,792  
 

 

 

S C H E D U L E    O F   I N V E S T M E N T S   4


Schedule of Investments (unaudited) (continued)

April 30, 2021

  

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 City Transitional Finance Authority Future Tax Secured Revenue, RB

   

Sub-Series D-1, 5.00%, 11/01/38

  $ 3,300     $ 3,377,451  

Sub-Series F-1, 5.00%, 05/01/38

    1,424       1,739,585  
   

 

 

 
      15,724,917  
Education(c) — 1.7%  

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

    1,999       2,014,554  

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

    4,038       4,475,190  
   

 

 

 
      6,489,744  
Housing — 1.6%            

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

        5,360       5,950,994  
   

 

 

 
State — 3.8%            

New York State Dormitory Authority, RB, Series A, 5.00%, 03/15/32

    1,000       1,257,280  

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

    1,000       1,238,930  

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

    1,980       2,014,808  

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

    3,503       3,990,749  

Sales Tax Asset Receivable Corp., Refunding RB

   

Series A, 5.00%, 10/15/31

    1,995       2,299,557  

Series A, 4.00%, 10/15/32

    2,850       3,185,303  
   

 

 

 
          13,986,627  
Transportation — 15.9%  

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

    11,985       12,343,244  

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

    4,695       4,884,349  

New York State Thruway Authority, Refunding
RB(f)

   

Series B, Subordinate, 4.00%, 01/01/45

    5,998       6,898,558  

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

    4,489       5,115,411  

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

    2,863       3,248,593  

Port Authority of New York & New Jersey, Refunding ARB

   

194th Series, 5.25%, 10/15/55

    2,925       3,478,176  

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

    2,500       2,552,750  

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

    4,760       5,908,969  

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

    8,059       9,345,250  

Triborough Bridge & Tunnel Authority, Refunding RB

   

Series A, 5.00%, 11/15/46.

    3,000       3,553,200  

Series C-2, 5.00%, 11/15/42

    1,665       2,042,905  
   

 

 

 
      59,371,405  
Utilities — 10.9%            

New York City Water & Sewer System, Refunding RB Series BB, 5.00%, 06/15/44

    6,527       6,712,242  
Security  

Par

(000)

    Value  

 

 

Utilities (continued)

 

New York City Water & Sewer System, Refunding RB (continued)

   

Series HH, 5.00%, 06/15/32

  $ 9,058     $ 9,109,986  

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

    7,126       8,238,271  

Utility Debt Securitization Authority, Refunding RB

   

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

    3,000       3,629,940  

Series B, 4.00%, 12/15/35

    840       967,638  

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

        10,587       11,819,746  
   

 

 

 
      40,477,823  
   

 

 

 

Total Municipal Bonds in New York

      142,001,510  
   

 

 

 

Total Municipal Bonds Transferred to Tender Option Bond Trusts — 38.1%
(Cost: $133,031,083)

 

    142,001,510  
   

 

 

 

Total Long-Term Investments — 166.4%
(Cost: $571,066,842)

 

        619,597,774  
   

 

 

 
     Shares         

Short-Term Securities

 

Money Market Funds — 1.6%  

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

    5,966,907       5,966,907  
   

 

 

 

Total Short-Term Securities — 1.6%
(Cost: $5,966,907)

      5,966,907  
   

 

 

 

Total Investments — 168.0%
(Cost: $577,033,749)

 

    625,564,681  

Other Assets Less Liabilities — 1.4%

 

    5,305,346  

Liability for TOB Trust Certificates, Including Interest Expense and Fees Payable — (21.3)%

 

    (79,408,118

VRDP Shares at Liquidation Value, Net of Deferred Offering Costs — (48.1)%

 

    (179,143,832
   

 

 

 

Net Assets Applicable to Common Shares — 100.0%

 

  $   372,318,077  
   

 

 

 

 

(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) 

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 December 1, 2026 to February 15, 2047, is $15,446,638.

(g) 

Affiliate of the Trust.

(h) 

Annualized 7-day yield as of period end.

 

 

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.

 

 

5  


Schedule of Investments (unaudited) (continued)

April 30, 2021

   BlackRock New York Municipal Income Trust (BNY)

 

Affiliates

Investments in issuers considered to be affiliate(s) of the Trust during the period ended April 30, 2021 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
04/30/21
     Shares
Held at
04/30/21
     Income      Capital Gain
Distributions
from
Underlying
Funds
 

 

 

BlackRock Liquidity Funds New York Money Fund Portfolio

   $ 410,715      $ 5,556,560 (a)     $      $ (368    $      $ 5,966,907        5,966,907      $ 154      $  
           

 

 

    

 

 

    

 

 

       

 

 

    

 

 

 

 

  (a) 

Represents net amount purchased (sold).

 

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

     126        06/21/21      $ 16,648      $ 130,818  

U.S. Long Treasury Bond

     58        06/21/21        9,124        117,955  
           

 

 

 
            $ 248,773  
           

 

 

 

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); and

 

   

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

 

                                                                                       

 

 
     Level 1      Level 2      Level 3      Total  

 

 

Assets

           

Investments

           

Long-Term Investments

           

Municipal Bonds

   $      $ 477,596,264      $      $ 477,596,264  

Municipal Bonds Transferred to Tender Option Bond Trusts

            142,001,510               142,001,510  

Short-Term Securities

           

Money Market Funds

     5,966,907                      5,966,907  
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 5,966,907      $ 619,597,774      $      $ 625,564,681  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

 

S C H E D U L E    O F   I N V E S T M E N T S   6


Schedule of Investments (unaudited) (continued)

April 30, 2021

   BlackRock New York Municipal Income Trust (BNY)

 

Fair Value Hierarchy as of Period End (continued)

 

                                                                                               

 

 
                 Level 1      Level 2      Level 3      Total  

 

 

Derivative Financial Instruments(a)

           

Assets

           

Interest Rate Contracts

   $ 248,773      $      $      $ 248,773  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

  (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 fair value hierarchy as follows:

 

                                                                                               

 

 
     Level 1      Level 2      Level 3      Total  

 

 

Liabilities

           

TOB Trust Certificates

   $      $ (79,387,609    $      $ (79,387,609

VRDP Shares at Liquidation Value

            (179,400,000             (179,400,000
  

 

 

    

 

 

    

 

 

    

 

 

 
   $      $ (258,787,609    $      $ (258,787,609
  

 

 

    

 

 

    

 

 

    

 

 

 

 

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
CAB    Capital Appreciation Bonds
CR    Custodian Receipt
FHA    Federal Housing Administration
FHLMC    Federal Home Loan Mortgage Corp.
FNMA    Federal National Mortgage Association
GNMA    Government National Mortgage Association
GO    General Obligation Bonds
M/F    Multi-Family
RB    Revenue Bond
SAW    State Aid Withholding
SONYMA    State of New York Mortgage Agency

 

 

7