NPORT-EX 2 NPORT_D2H3_26576730_1021.htm BlackRock New York Municipal Income Trust

Schedule of Investments  (unaudited) 

October 31, 2021

  

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

Security  

Par

            (000)

                    Value  

Municipal Bonds

   

New York — 126.7%

   

Corporate — 3.4%

   

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

  $ 420     $ 472,661  

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

    5,025       6,922,108  

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

    665       686,039  

New York Transportation Development Corp., RB

   

AMT, 5.00%, 10/01/35

    320       395,260  

AMT, 5.00%, 10/01/40

    875       1,065,599  

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

    2,710       2,834,240  
   

 

 

 
      12,375,907  

County/City/Special District/School District — 36.2%

   

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

    2,000       2,520,116  

City of New York, GO

   

Series A, 5.00%, 08/01/43

    1,500       1,851,525  

Series A-1, 5.00%, 08/01/47

    2,000       2,525,940  

Series C, 5.00%, 08/01/42

    385       483,135  

Series D, 5.38%, 06/01/32

    25       25,095  

Series D-1, 4.00%, 03/01/44

    620       711,249  

Sub-Series D-1, 5.00%, 08/01/31

    1,820       1,965,229  

Sub-Series F-1, 5.00%, 04/01/43

    930       1,119,125  

Sub-Series G-1, 5.00%, 04/01/22(c)

    5,620       5,730,748  

City of New York, Refunding GO

   

Series E, 5.00%, 02/01/23(c)

    2,500       2,646,800  

Series E, 5.50%, 08/01/25

    1,180       1,286,748  

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

    500       501,332  

County of Nassau New York, GO

   

Series B, (AGM), 5.00%, 07/01/45

    1,000       1,209,893  

Series C, 5.00%, 10/01/29

    500       611,683  

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

    1,420       1,731,203  

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

    565       660,095  

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

    120       130,903  

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

    895       896,026  

Hudson Yards Infrastructure Corp., Refunding RB

   

Series A, 5.00%, 02/15/39

    2,440       2,895,680  

Series A, 5.00%, 02/15/42

    2,255       2,660,767  

New York City Industrial Development Agency, RB(d)

   

(AGC), 0.00%, 03/01/35

    500       367,404  

(AGC), 0.00%, 03/01/42

    3,710       2,176,954  

(AGC), 0.00%, 03/01/45

    2,000       1,049,792  

New York City Industrial Development Agency, RB, CAB, (AGC), 0.00%, 03/01/39(d)

    1,000       647,239  

New York City Industrial Development Agency, Refunding RB 4.00%, 03/01/45

    6,000       6,642,486  

(AGM), 4.00%, 03/01/45

    360       410,228  

Class A, (AGM), 3.00%, 01/01/46

    4,750       4,978,518  

Series A, AMT, 5.00%, 07/01/28

    1,125       1,156,159  
Security  

Par

            (000)

                    Value  

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

 

 

New York City Transitional Finance Authority Building Aid Revenue, Refunding RB, (SAW), 4.00%, 07/15/37

  $ 1,145     $ 1,359,114  

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

   

Series A-2, 5.00%, 08/01/38

    2,545       3,073,932  

Series B-1, 4.00%, 08/01/45

    2,145       2,490,701  

Series D-1, 5.00%, 02/01/32

    5,000       5,505,570  

Series D-1, 5.00%, 11/01/38

    825       825,000  

Sub-Series A-3, 4.00%, 08/01/43

    1,035       1,165,752  

Sub-Series B-1, 5.00%, 11/01/35

    425       471,157  

Sub-Series B-1, 5.00%, 11/01/36

    340       376,664  

Sub-Series E-1, 5.00%, 02/01/39

    1,015       1,218,915  

Sub-Series E-1, 5.00%, 02/01/42

    2,500       2,528,027  

Sub-Series E-1, 5.00%, 02/01/43

    3,600       4,265,485  

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

    2,445       2,969,558  

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

   

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

    3,000       1,416,714  

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

    4,000       1,485,164  

New York Convention Center Development Corp., Refunding RB

   

5.00%, 11/15/40

    5,755       6,562,726  

5.00%, 11/15/45

    7,290       8,242,890  

New York Liberty Development Corp., Refunding RB

   

5.00%, 11/15/31

    2,860       2,864,985  

5.00%, 11/15/44

    10,155       10,172,710  

5.75%, 11/15/51

    2,555       2,560,148  

Class 1, 4.00%, 09/15/35

    3,035       3,075,362  

Class 2, 5.00%, 09/15/43

    2,420       2,456,300  

Class 3, 5.00%, 03/15/44

    2,760       2,803,804  

Series 1, Class 1, 5.00%, 11/15/44(a)

    4,545       4,964,508  

Series 2, Class 2, 5.38%, 11/15/40(a)

    680       761,006  

Triborough Bridge & Tunnel Authority Refunding RB, 4.00%, 05/15/56

    7,000       8,000,160  

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

    410       443,448  
   

 

 

 
      131,651,872  

Education — 17.1%

   

Albany Capital Resource Corp.,
Refunding RB

   

4.00%, 07/01/41(e)

    595       643,332  

4.00%, 07/01/51(e)

    615       653,935  

Series A, 5.00%, 12/01/33

    175       197,181  

Series A, 4.00%, 12/01/34

    130       142,371  

Amherst Development Corp., Refunding RB

   

5.00%, 10/01/43

    535       592,624  

5.00%, 10/01/48

    410       450,550  

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

    345       387,927  

Build NYC Resource Corp., RB

   

5.00%, 02/01/33(a)

    420       444,725  

5.75%, 02/01/49(a)

    455       486,829  

Series A, 4.00%, 06/15/31

    350       389,405  

Series A, 5.13%, 05/01/38(a)

    660       742,756  

Series A, 5.50%, 05/01/48(a)

    270       304,768  

Build NYC Resource Corp., Refunding RB

   

5.00%, 06/01/33

    300       340,835  

5.00%, 06/01/35

    350       396,775  

5.00%, 06/01/40

    690       771,515  
 

 

1


Schedule of Investments  (unaudited) (continued)

October 31, 2021

  

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

Security  

Par

            (000)

                    Value  

Education (continued)

   

Build NYC Resource Corp., Refunding RB (continued)

   

5.00%, 08/01/47

  $ 135     $ 159,067  

5.00%, 11/01/47

    515       760,202  

Series A, 5.00%, 06/01/38

    750       831,535  

County of Cattaraugus New York, RB

   

5.00%, 05/01/34

    170       187,921  

5.00%, 05/01/39

    125       137,586  

Dobbs Ferry Local Development Corp., RB

   

5.00%, 07/01/39

    1,000       1,109,645  

5.00%, 07/01/44

    500       553,055  

Dutchess County Local Development
Corp., RB

   

5.00%, 07/01/43

    450       547,778  

5.00%, 07/01/48

    680       824,534  

Dutchess County Local Development Corp., Refunding RB

   

5.00%, 07/01/42

    755       902,565  

4.00%, 07/01/46

    1,430       1,613,089  

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

    900       980,917  

Hempstead Town Local Development Corp., Refunding RB
5.00%, 10/01/34

    310       346,217  

5.00%, 10/01/35

    935       1,043,320  

4.00%, 07/01/37

    220       251,186  

5.00%, 07/01/47

    320       382,084  

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

    1,500       1,604,265  

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

    960       1,034,690  

New York State Dormitory Authority, RB
1st Series, (AMBAC), 5.50%, 07/01/40

    1,440       2,070,189  

Series A, 5.25%, 01/01/34

    2,000       2,220,964  

Series A, 5.50%, 01/01/39

    2,000       2,223,658  

Series A, 5.00%, 07/01/43

    1,260       1,534,619  

Series B, 5.00%, 07/01/22(c)

    1,750       1,805,158  

Series B, 5.00%, 07/01/42

    1,225       1,263,322  

New York State Dormitory Authority, Refunding RB

   

5.00%, 07/01/42

    300       309,384  

5.00%, 07/01/44

    2,130       2,356,121  

Series A, 5.00%, 07/01/22(c)

    3,285       3,388,540  

Series A, 5.25%, 07/01/23(c)

    6,820       7,378,878  

Series A, 5.00%, 07/01/24(c)

    500       560,581  

Series A, 5.00%, 07/01/33

    530       609,726  

Series A, 5.00%, 07/01/34

    250       285,739  

Series A, 5.00%, 07/01/35

    3,445       3,954,770  

Series A, 5.00%, 07/01/37

    835       951,825  

Series A, 5.00%, 07/01/38

    255       307,030  

Series A, 5.00%, 07/01/43

    2,960       3,374,376  

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

    1,065       1,200,163  

Orange County Funding Corp.,
Refunding RB

   

Series A, 5.00%, 07/01/37

    540       556,031  

Series A, 5.00%, 07/01/42

    335       344,545  

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

    500       515,348  

Troy Capital Resource Corp., Refunding RB

   

4.00%, 08/01/35

    890       982,528  

4.00%, 09/01/40

    1,285       1,490,686  

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

    1,105       1,228,918  
Security  

Par

            (000)

                    Value  

Education (continued)

   

Trust for Cultural Resources of The City of New York, Refunding RB (continued) Series A, 5.00%, 07/01/41

  $ 500     $ 554,541  

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

    300       344,088  

Yonkers Economic Development Corp., Refunding RB

   

Series A, 5.00%, 10/15/40

    70       82,872  

Series A, 5.00%, 10/15/50

    115       134,166  
   

 

 

 
      62,243,950  

Health — 6.8%

   

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

    500       546,259  

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

    2,150       2,347,288  

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

    305       332,006  

Monroe County Industrial Development Corp., RB

   

4.00%, 12/01/41

    600       654,839  

5.00%, 12/01/46

    960       1,107,251  

Series A, 5.00%, 12/01/37

    1,100       1,149,974  

Monroe County Industrial Development Corp., Refunding RB

   

4.00%, 12/01/46

    530       596,726  

Series A, 5.00%, 12/01/32

    420       439,497  

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

    2,800       2,888,253  

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

    1,000       1,018,432  

New York State Dormitory Authority, Refunding RB

   

4.00%, 07/01/38

    890       970,411  

4.00%, 07/01/39

    1,165       1,267,104  

Series A, 5.00%, 05/01/43

    3,430       3,891,246  

Oneida County Local Development Corp., Refunding RB

   

(AGM), 3.00%, 12/01/44

    1,800       1,876,583  

(AGM), 4.00%, 12/01/49

    1,100       1,217,117  

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

    530       590,746  

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

    110       118,756  

Westchester County Healthcare Corp., Refunding RB, Series B, Senior Lien, 6.00%, 11/01/30

    85       85,358  

Westchester County Local Development Corp., Refunding RB

   

5.00%, 01/01/28

    675       704,221  

5.00%, 01/01/34

    1,750       1,823,329  

5.00%, 07/01/46(a)(e)

    920       966,970  
   

 

 

 
      24,592,366  

Housing — 7.5%

   

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

   

3.15%, 11/01/44

    250       257,092  

Series B-1, 5.25%, 07/01/30

    750       808,507  

Series B-1, 5.25%, 07/01/32

    2,970       3,176,668  

Series B-1, 5.00%, 07/01/33

    1,300       1,383,834  

Series C-1A, 4.20%, 11/01/44

    1,000       1,029,733  

Series F-1, (FHA), 2.50%, 11/01/51

    5,000       4,914,495  

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

   

Series B-1-A, 3.65%, 11/01/49

    1,715       1,795,319  
 

 

 

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)

October 31, 2021

  

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

Security  

Par

            (000)

                    Value  

Housing (continued)

   

New York City Housing Development Corp., Refunding RB, M/F Housing (continued) Series D-A1, (FHA 542 (C)), 2.30%, 11/01/45

  $ 2,665     $ 2,506,155  

New York State Housing Finance Agency RB, Series G, (SONYMA), 2.60%, 11/01/46

    6,000       5,817,156  

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

   

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

    110       116,969  

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

    1,485       1,574,413  

Series H, 4.25%, 11/01/51

    1,000       1,077,959  

Series M-1, (FHA), 2.65%, 11/01/54

    1,600       1,532,878  

Series P, 3.15%, 11/01/54

    1,420       1,436,275  
   

 

 

 
      27,427,453  

Other — 0.3%

   

New York City Industrial Development Agency, Refunding RB, Series A, AMT, 5.00%, 07/01/22

    1,000       1,027,947  
   

 

 

 

State — 11.9%

   

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

    1,500       1,714,417  

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

    5,715       6,551,790  

New York State Dormitory Authority, RB

   

Series A, 5.00%, 03/15/36

    1,905       2,266,754  

Series A, 5.00%, 03/15/39

    760       929,627  

Series A, 5.00%, 02/15/42

    2,250       2,654,341  

Series A, 5.00%, 03/15/43

    265       322,685  

Series B, 5.00%, 03/15/37

    2,070       2,105,091  

Series B, 5.00%, 03/15/38

    560       671,352  

Series B, 5.00%, 03/15/39

    960       1,150,974  

Series C, 4.00%, 03/15/45

    1,225       1,377,214  

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

    2,000       2,048,844  

Series A, 5.25%, 03/15/39

    3,045       3,793,354  

Series E, 5.00%, 03/15/41

    2,200       2,712,719  

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

    2,750       2,803,531  

New York State Thruway Authority, Refunding RB, Series A-1, 4.00%, 03/15/44

    2,500       2,894,595  

New York State Urban Development Corp., RB

   

Series A, 4.00%, 03/15/49

    4,565       5,207,318  

Series C, 5.00%, 03/15/30

    1,885       2,004,002  

Series C, 5.00%, 03/15/32

    2,000       2,124,860  
   

 

 

 
      43,333,468  

Tobacco — 3.4%

   

Chautauqua Tobacco Asset Securitization Corp., Refunding RB

   

4.75%, 06/01/39

    400       413,105  

5.00%, 06/01/48

    500       515,041  

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

    1,400       1,419,783  

New York Counties Tobacco Trust VI, Refunding RB

   

Series A-2-B, 5.00%, 06/01/45

    430       486,287  

Series A-2-B, 5.00%, 06/01/51

    2,340       2,614,884  
Security  

Par

            (000)

                    Value  

Tobacco (continued)

   

New York Counties Tobacco Trust VI, Refunding RB (continued)

   

Series C, 4.00%, 06/01/51

  $ 2,250     $ 2,291,859  

Niagara Tobacco Asset Securitization Corp., Refunding RB

   

5.25%, 05/15/34

    250       277,578  

5.25%, 05/15/40

    630       682,270  

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

    910       1,060,175  

Westchester Tobacco Asset Securitization Corp., Refunding RB

   

Sub-Series C, 4.00%, 06/01/42

    1,130       1,222,715  

Sub-Series C, 5.13%, 06/01/51

    1,225       1,379,884  
   

 

 

 
      12,363,581  

Transportation — 26.4%

   

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

    1,015       1,191,217  

Metropolitan Transportation Authority, RB

   

Series A-1, 5.25%, 11/15/23(c)

    1,080       1,187,620  

Series E, 5.00%, 11/15/38

    5,650       6,055,817  

Metropolitan Transportation Authority, Refunding RB

   

Series A-1, 5.25%, 11/15/57

    1,000       1,158,831  

Series B, 5.00%, 11/15/37

    1,000       1,152,317  

Series D, 5.25%, 11/15/23(c)

    1,660       1,825,418  

Series F, 5.00%, 11/15/30

    3,500       3,659,439  

Sub-Series B-1, 5.00%, 11/15/31

    1,500       1,637,885  

Sub-Series B-1, 5.00%, 11/15/51

    480       561,279  

Sub-Series B-2, 4.00%, 11/15/34

    1,750       2,002,110  

Sub-Series C-1, 5.00%, 11/15/34

    1,860       2,118,460  

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

    5,160       5,517,211  

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

    500       502,806  

New York Liberty Development Corp., Refunding RB, 3.00%, 11/15/51

    8,795       8,967,426  

New York State Bridge Authority RB, Series A, 4.00%, 01/01/51

    1,110       1,295,753  

New York State Thruway Authority, RB

   

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

    365       420,106  

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

    1,130       1,298,162  

New York State Thruway Authority, Refunding RB

   

Series I, 5.00%, 01/01/22(c)

    6,100       6,147,643  

Series J, 5.00%, 01/01/41

    2,500       2,725,432  

Series K, 5.00%, 01/01/32

    3,325       3,760,718  

Series L, 5.00%, 01/01/33

    90       110,462  

Series L, 5.00%, 01/01/34

    140       170,522  

Series L, 5.00%, 01/01/35

    170       207,043  

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

    1,300       1,479,413  

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

    675       762,610  

New York Transportation Development Corp., ARB

   

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

    1,100       1,178,913  

Series A, AMT, 5.00%, 07/01/41

    1,040       1,152,032  

Series A, AMT, 5.00%, 07/01/46

    1,270       1,406,230  

Series A, AMT, 5.25%, 01/01/50

    7,895       8,768,819  

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

    2,000       2,243,688  

New York Transportation Development Corp., Refunding ARB AMT, 2.25%, 08/01/26

    1,475       1,506,105  
 

 

 

3

 


Schedule of Investments  (unaudited) (continued)

October 31, 2021

  

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

Security  

Par

            (000)

                    Value  

Transportation (continued)

   

New York Transportation Development Corp., Refunding ARB (continued)
AMT, 3.00%, 08/01/31

  $ 1,180     $ 1,260,222  

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

    2,320       2,566,581  

Port Authority of New York & New Jersey, Refunding ARB

   

Series 179, 5.00%, 12/01/38

    820       892,275  

178th Series, AMT, 5.00%, 12/01/43

    930       1,006,584  

195th Series, AMT, 5.00%, 04/01/36

    750       886,156  

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

    1,120       1,162,447  

Series 178th, AMT, 5.00%, 12/01/33

    750       816,898  

Triborough Bridge & Tunnel Authority, RB

   

Series A, 5.00%, 11/15/42

    1,000       1,188,316  

Series A, 5.00%, 11/15/56

    360       451,352  

Series B, 5.00%, 11/15/40

    870       1,007,309  

Series B, 5.00%, 11/15/45

    310       357,233  

Series C- 2, 4.00%, 05/15/46

    5,000       5,843,555  

Triborough Bridge & Tunnel Authority, Refunding RB

   

Series A, 5.00%, 11/15/29

    810       868,037  

Series A, 5.25%, 11/15/45

    1,330       1,521,950  

Series A, 5.00%, 11/15/50

    1,000       1,130,959  

Series B, 5.00%, 11/15/38

    725       869,904  

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

    2,335       1,869,933  
   

 

 

 
      95,871,198  

Utilities — 13.7%

   

Long Island Power Authority, RB

   

(AGM), 0.00%, 06/01/28(d)

    3,515       3,171,451  

5.00%, 09/01/36

    340       412,371  

5.00%, 09/01/38

    3,375       4,144,713  

5.00%, 09/01/42

    290       347,822  

5.00%, 09/01/47

    1,640       1,959,311  

Series C, (AGC), 5.25%, 09/01/29

    4,000       5,098,924  

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

    515       603,711  

New York City Water & Sewer System RB, 3.00%, 06/15/51

    5,000       5,216,760  

New York City Water & Sewer System, RB

   

Series DD-1, 4.00%, 06/15/50

    3,965       4,558,152  

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

    5,000       5,790,985  

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

    1,825       2,130,438  

Series DD, 5.25%, 06/15/47

    245       294,228  

Series EE, 5.00%, 06/15/40

    700       849,612  

Series HH, 5.00%, 06/15/39

    3,500       4,018,109  

Sub-Series AA-1, 4.00%, 06/15/50

    1,000       1,152,275  

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

    455       527,675  

New York State Environmental Facilities Corp., RB

   

Series B, 5.00%, 09/15/40

    635       723,499  

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

    1,760       2,158,610  
Security  

Par

            (000)

                    Value  

Utilities (continued)

   

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

  $ 5,690     $ 6,194,259  

Western Nassau County Water Authority, RB, Series A, 5.00%, 04/01/25(c)

    250       288,150  
   

 

 

 
      49,641,055  
   

 

 

 

Total Municipal Bonds in New York

      460,528,797  

Puerto Rico — 6.1%

   

State — 4.9%

   

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

   

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

    1,731       1,925,384  

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

    7,731       8,727,990  

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

    3,004       3,294,187  

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

    1,544       1,720,340  

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

    130       144,116  

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

    126       140,284  

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

    5,916       1,926,853  
   

 

 

 
      17,879,154  

Tobacco — 0.4%

   

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

    1,385       1,400,948  
   

 

 

 

Utilities — 0.8%

   

Puerto Rico Commonwealth Aqueduct & Sewer Authority, RB

   

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

    2,160       2,228,671  

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

    620       640,214  
   

 

 

 
      2,868,885  
   

 

 

 

Total Municipal Bonds in Puerto Rico

      22,148,987  
   

 

 

 

Total Municipal Bonds — 132.8%
(Cost: $450,381,631)

      482,677,784  
   

 

 

 

Municipal Bonds Transferred to Tender Option Bond Trusts(f)

 

New York — 34.1%

   

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

   

City of New York, GO

   

Sub-Series I-1, 5.00%, 03/01/36

    2,250       2,477,127  

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

    4,000       4,904,890  

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

    1,790       1,945,709  

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

    989       989,769  

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

   

Sub-Series D-1, 5.00%, 11/01/38

    3,300       3,300,000  

Sub-Series F-1, 5.00%, 05/01/38

    1,424       1,714,879  
   

 

 

 
      15,332,374  

Education — 1.2%

   

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

    4,038       4,365,968  
   

 

 

 

Housing — 1.6%

   

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

    5,360       5,845,943  
   

 

 

 
 

 

 

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)

October 31, 2021

  

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

Security  

Par

            (000)

                    Value  

State — 3.2%

   

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

  $ 1,000     $ 1,242,333  

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

    1,000       1,223,106  

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

    3,503       3,925,706  

Sales Tax Asset Receivable Corp., Refunding RB(c)

   

Series A, 4.00%, 10/15/24

    2,850       3,148,931  

Series A, 5.00%, 10/15/24

    1,995       2,262,825  
   

 

 

 
      11,802,901  

Transportation — 15.4%

   

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

    11,985       12,051,928  

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

    4,695       4,773,618  

New York State Thruway Authority, Refunding RB(g)

   

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

    5,998       6,826,040  

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

    4,489       5,071,610  

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

    2,863       3,188,712  

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

    2,925       3,370,089  

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

    4,760       5,800,443  

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

    8,059       9,303,651  

Triborough Bridge & Tunnel Authority, Refunding RB

   

Series A, 5.00%, 11/15/46.

    3,000       3,491,325  

Series C-2, 5.00%, 11/15/42

    1,665       2,016,820  
   

 

 

 
      55,894,236  

Utilities — 8.5%

   

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

    6,527       6,564,528  

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

    7,126       8,157,496  

Utility Debt Securitization Authority, Refunding RB

   

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

    3,000       3,544,745  

Series B, 4.00%, 12/15/35

    840       954,871  

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

    10,587       11,525,026  
   

 

 

 
      30,746,666  
   

 

 

 

Total Municipal Bonds in New York

      123,988,088  
   

 

 

 

Total Municipal Bonds Transferred to Tender Option Bond Trusts — 34.1%
(Cost: $116,799,434)

 

    123,988,088  
   

 

 

 

Total Long-Term Investments — 166.9%
(Cost: $567,181,065)

 

    606,665,872  
   

 

 

 
Security  

    

Shares

     Value  

Short-Term Securities

    

Money Market Funds — 0.3%

    

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

    1,244,524      $ 1,244,524  
    

 

 

 

Total Short-Term Securities — 0.3%
(Cost: $1,244,524)

 

     1,244,524  
  

 

 

 

Total Investments — 167.2%
(Cost: $568,425,589)

 

     607,910,396  

Other Assets Less Liabilities — 1.1%

 

     4,204,457  

Liability for TOB Trust Certificates, Including Interest Expense and Fees Payable — (19.1)%

 

     (69,549,027

VRDP Shares at Liquidation Value, Net of Deferred Offering Costs — (49.2)%

 

     (179,037,515
  

 

 

 

Net Assets Applicable to Common Shares — 100.0%

 

   $ 363,528,311  
    

 

 

 

 

(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 $15,373,854.

(h) 

Affiliate of the Trust.

(i) 

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)

October 31, 2021

  

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, 2021 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

 

Affiliated Issuer   Value at
07/31/21
     Purchases
at Cost
     Proceeds
from Sales
    Net
Realized
Gain (Loss)
     Change in
Unrealized
Appreciation
(Depreciation)
     Value at
10/31/21
    

Shares

Held at
10/31/21

     Income      Capital Gain
Distributions
from
Underlying
Funds
 

BlackRock Liquidity Funds New York Money Fund Portfolio

  $ 8,503,848      $      $ (7,259,324 )(a)    $      $      $ 1,244,524        1,244,524      $ 51      $  
         

 

 

    

 

 

    

 

 

       

 

 

    

 

 

 

 

  (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

    124        12/21/21      $ 16,201      $ 216,423  

U.S. Long Bond

    90        12/21/21        14,473        61,545  

5-Year U.S. Treasury Note

    109        12/31/21        13,265        142,204  
          

 

 

 
           $ 420,172  
          

 

 

 

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

  $                 —      $ 482,677,784      $                 —      $ 482,677,784  

Municipal Bonds Transferred to Tender Option Bond Trusts

           123,988,088               123,988,088  

 

 

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)

October 31, 2021

  

BlackRock New York Municipal Income Trust (BNY)

 

Fair Value Hierarchy as of Period End (continued)

     Level 1      Level 2      Level 3      Total  

Short-Term Securities

          

Money Market Funds

  $ 1,244,524      $      $      $ 1,244,524  
 

 

 

    

 

 

    

 

 

    

 

 

 
  $       1,244,524      $  606,665,872      $                 —      $  607,910,396  
 

 

 

    

 

 

    

 

 

    

 

 

 

Derivative Financial Instruments(a)

          

Assets

          

Interest Rate Contracts

  $ 420,172      $      $      $ 420,172  
 

 

 

    

 

 

    

 

 

    

 

 

 

 

  (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

  $      $ (69,538,255   $      $ (69,538,255

VRDP Shares at Liquidation Value

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

 

 

    

 

 

   

 

 

    

 

 

 
  $                 —      $ (248,938,255   $                 —      $ (248,938,255
 

 

 

    

 

 

   

 

 

    

 

 

 

 

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

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