NPORT-EX 2 NPORT_D2H3_27949066_0422.htm BlackRock New York Municipal Income Trust

Schedule of Investments (unaudited)

April 30, 2022

   

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

Security

   Par
(000)		     Value  

Municipal Bonds

 

New York — 138.6%

 

Corporate — 4.3%  

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

  $ 420     $ 438,077  

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

         5,025       5,713,782  

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

    665       662,178  

New York Transportation Development Corp., RB

    

AMT, 5.00%, 10/01/35

     320       339,828  

AMT, 5.00%, 10/01/40

     875       914,845  

New York Transportation Development Corp., Refunding

    

ARB

    

AMT, 2.25%, 08/01/26

     1,475       1,430,945  

AMT, 3.00%, 08/01/31

     1,180       1,095,711  

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

    2,710       2,613,681  
   

 

 

  
          13,209,047  
County/City/Special District/School District — 28.5%  

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

     2,000       2,208,788  

City of New York, GO

    

Series A, 5.00%, 08/01/43

     1,500       1,637,029  

Series A -1, 4.00%, 08/01/50

     2,085       2,077,333  

Series C, 5.00%, 08/01/42

     385       424,733  

Series D, 5.38%, 06/01/32

     25       25,056  

Series D-1, 4.00%, 03/01/44

     620       622,882  

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

     1,820       1,875,980  

Sub-Series F-1, 5.00%, 04/01/43

     930       1,001,974  

City of New York, Refunding GO

    

Series E, 5.00%, 02/01/23(c)

    2,500       2,559,530  

Series E, 5.50%, 08/01/25

     1,180       1,226,202  

County of Nassau New York, GO

    

Series B, (AGM), 5.00%, 07/01/45

     1,000       1,090,670  

Series C, 5.00%, 10/01/29

     500       553,723  

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

     1,420       1,568,492  

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

     565       610,264  

Haverstraw-Stony Point Central School District, GO,

    

(AGM SAW), 5.00%, 10/15/36

     120       124,852  

Hudson Yards Infrastructure Corp., Refunding RB

    

Series A, 5.00%, 02/15/39

     2,440       2,583,784  

Series A, 5.00%, 02/15/42

     2,255       2,386,063  

New York City Industrial Development Agency, RB(d)

   

(AGC), 0.00%, 03/01/35

     500       298,242  

(AGC), 0.00%, 03/01/42

     3,710       1,576,490  

(AGC), 0.00%, 03/01/45

     2,000       729,682  

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

    1,000       491,829  

New York City Industrial Development Agency, Refunding RB

    

4.00%, 03/01/45

     6,000       6,056,862  

(AGM), 4.00%, 03/01/45

     360       362,702  

(AGM), 3.00%, 03/01/49

     4,750       3,833,825  

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

     1,125       1,128,561  

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

    

Series D-1, 5.00%, 02/01/32

     5,000       5,209,870  

Sub-Series A-3, 4.00%, 08/01/43

     1,035       1,063,233  
Security  

Par

(000)

     Value  

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

 

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

    

Sub-Series B-1, 5.00%, 11/01/35

   $ 425     $ 440,685  

Sub-Series B-1, 5.00%, 11/01/36

     340       351,592  

Sub-Series E-1, 5.00%, 02/01/39

     1,015       1,090,484  

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

     670       671,042  

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

     3,600       3,817,901  

Subordinate, 4.00%, 05/01/39

     2,045       2,054,992  

Subordinate, 5.00%, 02/01/44

     1,000       1,112,796  

Subordinate, 4.00%, 02/01/51

     2,000       2,004,354  

Series A-2, Subordinate, 5.00%, 08/01/38

     2,545       2,737,328  

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

     2,445       2,628,072  

Series F-1, Subordinate, 4.00%, 02/01/51

     1,880       1,847,623  

Series F-1, Subordinate, 5.00%, 02/01/51

     540       592,369  

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

   

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

     3,000       806,376  

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

     4,000       759,704  

New York Convention Center Development Corp., Refunding RB

    

5.00%, 11/15/40

     5,755           5,934,625  

5.00%, 11/15/45

         7,290       7,449,148  

New York Liberty Development Corp., Refunding RB

    

3.13%, 09/15/50

     4,390       3,649,196  

Series 1, Class 1, 5.00%, 11/15/44(a)

    4,545       4,589,241  

Series 2, Class 2, 5.38%, 11/15/40(a)

    680       701,724  

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

    410       424,494  
   

 

 

  
      86,992,397  
Education — 17.7%  

Albany Capital Resource Corp., Refunding RB

    

4.00%, 07/01/41

     595       563,483  

4.00%, 07/01/51

     615       539,605  

Series A, 5.00%, 12/01/33

     175       180,379  

Series A, 4.00%, 12/01/34

     130       130,081  

Amherst Development Corp., Refunding RB

    

5.00%, 10/01/43

     535       549,151  

5.00%, 10/01/48

     410       418,177  

Buffalo & Erie County Industrial Land Development Corp.,

    

Refunding RB, Series A, 5.00%, 06/01/35

     345       361,628  

Build NYC Resource Corp., RB

    

5.00%, 02/01/33(a)

    405       405,073  

5.75%, 02/01/49(a)

    455       462,063  

Series A, 4.00%, 06/15/31

     350       344,181  

Series A, 5.13%, 05/01/38(a)

    660       675,988  

Series A, 5.50%, 05/01/48(a)

    270       277,637  

Build NYC Resource Corp., Refunding RB

    

5.00%, 06/01/33

     300       313,735  

5.00%, 06/01/35

     350       364,216  

5.00%, 06/01/40

     690       715,148  

5.00%, 08/01/47

     135       146,154  

5.00%, 11/01/47

     515       585,090  

Series A, 5.00%, 06/01/38

     750       776,987  

County of Cattaraugus New York, RB

    

5.00%, 05/01/34

     170       174,083  

5.00%, 05/01/39

     125       127,702  

Dobbs Ferry Local Development Corp., RB

    

5.00%, 07/01/39

     1,000       1,031,942  

5.00%, 07/01/44

     500       515,352  
 

 

 

1  

Schedule of Investments (unaudited) (continued)

April 30, 2022

   

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

Security  

Par

(000)

     Value  

Education (continued)

 

Dutchess County Local Development Corp., RB

    

5.00%, 07/01/43

   $ 450     $ 480,429  

5.00%, 07/01/48

     680       721,717  

4.00%, 07/01/49

     3,000       2,890,596  

Dutchess County Local Development Corp., Refunding RB
5.00%, 07/01/42

     755       803,793  

4.00%, 07/01/46

     1,430       1,421,855  

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

     900       936,602  

Hempstead Town Local Development Corp., Refunding RB

    

5.00%, 10/01/34

     310       322,075  

5.00%, 10/01/35

     935       969,156  

4.00%, 07/01/37

     220       220,944  

5.00%, 07/01/47

     320       339,508  

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

     960       991,893  

New York State Dormitory Authority, RB

    

1st Series, (AMBAC), 5.50%, 07/01/40

     1,440       1,766,386  

Series A, 5.25%, 01/01/34

     2,000       2,080,358  

Series A, 5.50%, 01/01/39

     2,000       2,075,974  

Series A, 5.00%, 07/01/43

     1,260       1,375,001  

New York State Dormitory Authority, Refunding RB

    

5.00%, 07/01/42

     300       301,632  

5.00%, 07/01/44

     2,130       2,193,847  

Series A, 5.25%, 07/01/23(c)

     6,820       7,065,977  

Series A, 5.00%, 07/01/24(c)

     500       525,476  

Series A, 5.00%, 07/01/33

     530       561,806  

Series A, 5.00%, 07/01/34

     250       262,812  

Series A, 5.00%, 07/01/35

     3,445       3,639,229  

Series A, 5.00%, 07/01/37

     835       875,864  

Series A, 5.00%, 07/01/38

     255       276,991  

Series A, 5.00%, 07/01/43

     2,960       3,074,682  

Series B, 5.00%, 07/01/42

     1,225       1,231,880  

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

     1,065       1,132,681  

Orange County Funding Corp., Refunding RB

    

Series A, 5.00%, 07/01/37

     540       541,569  

Series A, 5.00%, 07/01/42

     335       335,548  

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

     500       502,116  

Troy Capital Resource Corp., Refunding RB

    

4.00%, 08/01/35

     890       902,769  

4.00%, 09/01/40

     1,285       1,290,644  

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

    

Series A, 5.00%, 07/01/37

     1,105       1,146,348  

Series A, 5.00%, 07/01/41

     500       518,062  

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

     300       301,023  

Yonkers Economic Development Corp., Refunding RB

    

Series A, 5.00%, 10/15/40

     70       71,863  

Series A, 5.00%, 10/15/50

     115       116,011  
   

 

 

  
          53,922,972  
Health — 6.5%            

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

     500       514,549  

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

         2,150       2,177,118  
Security  

Par

(000)

     Value  

Health (continued)

 

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

   $ 305     $ 303,943  

Monroe County Industrial Development Corp., RB

    

4.00%, 12/01/41

     600       578,657  

5.00%, 12/01/46

     960       998,272  

Series A, 5.00%, 12/01/37

     1,100       1,109,830  

Monroe County Industrial Development Corp., Refunding

    

RB 4.00%, 12/01/46

     530       500,393  

Series A, 5.00%, 12/01/32

     420       425,145  

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

     1,000       1,001,139  

New York State Dormitory Authority, Refunding RB

    

4.00%, 07/01/39

     1,165       1,006,159  

Series A, 5.00%, 05/01/43

     3,430       3,599,517  

Catholic Health Services, 4.00%, 07/01/38

     890       777,156  

Oneida County Local Development Corp., Refunding RB

    

(AGM), 3.00%, 12/01/44

     1,800       1,614,883  

(AGM), 4.00%, 12/01/49

     1,100       1,118,128  

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

     530       555,734  

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

     110       112,531  

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

     85       85,190  

Westchester County Local Development Corp., Refunding RB

    

5.00%, 01/01/28

     675       685,273  

5.00%, 01/01/34

     1,750       1,774,236  

5.00%, 07/01/46(a)

     920       877,444  
   

 

 

  
      19,815,297  
Housing — 8.5%  

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

    

3.15%, 11/01/44

     250       211,913  

Series B-1, 5.00%, 07/03/23(c)

     1,300       1,343,161  

Series B-1, 5.25%, 07/03/23(c)

     3,720       3,841,782  

Series C-1A, 4.20%, 11/01/44

     1,000       988,268  

Series F-1, (FHA), 2.50%, 11/01/51

     5,000       3,539,045  

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

    

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

     1,555       1,387,673  

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

     2,665       1,877,223  

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

     6,000       4,520,526  

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

    

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

     110       107,995  

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

     1,485       1,430,775  

Series H, 4.25%, 11/01/51

     1,000       984,775  

Series J-1, (SONYMA HUD SECT 8),
2.88%, 11/01/56

         2,750       2,020,084  

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

     1,600       1,145,383  

Series P, 3.15%, 11/01/54

     1,420       1,122,101  

State of New York Mortgage Agency, RB, S/F Housing, Series 239, (SONYMA),
2.70%, 10/01/47

     2,000       1,515,914  
   

 

 

  
          26,036,618  
 

 

 

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, 2022

   

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

Security  

Par

(000)

     Value  
State — 12.5%  

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

   $ 1,500     $ 1,508,582  

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

     5,715       5,785,918  

New York State Dormitory Authority, RB

    

Series A, 5.00%, 03/15/36

     1,905       2,052,697  

Series A, 5.00%, 03/15/39

     760       822,591  

Series A, 5.00%, 02/15/42

     2,250       2,411,291  

Series A, 5.00%, 03/15/43

     265       284,778  

Series B, 5.00%, 03/15/38

     560       604,616  

Series B, 5.00%, 03/15/39

     960       1,028,177  

Series C, 4.00%, 03/15/45

     1,225       1,225,266  

New York State Dormitory Authority, Refunding RB

    

Series A, 5.25%, 03/15/39

     3,045       3,339,984  

Series A, 4.00%, 03/15/43

     2,500       2,491,480  

Series A, 4.00%, 03/15/46

     1,100       1,090,936  

Series A, 4.00%, 03/15/47

     3,465       3,407,557  

Series E, 5.00%, 03/15/41

     2,200       2,386,960  

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

     2,750       2,755,335  

New York State Urban Development Corp., RB

    

Series C, 5.00%, 03/15/30

     1,885       1,927,514  

Series C, 5.00%, 03/15/32

     2,000       2,044,182  

Sales Tax Asset Receivable Corp., Refunding RB, Series A, 4.00%, 10/15/24(c)

         2,845       2,961,978  
   

 

 

  
          38,129,842  
Tobacco — 3.8%  

Chautauqua Tobacco Asset Securitization Corp.,Refunding RB

    

4.75%, 06/01/39

     400       408,274  

5.00%, 06/01/48

     550       560,357  

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

     1,400       1,419,058  

New York Counties Tobacco Trust VI, Refunding RB

    

Series A-2-B, 5.00%, 06/01/45

     430       449,981  

Series A-2-B, 5.00%, 06/01/51

     2,340       2,441,479  

Series C, 4.00%, 06/01/51

     2,250       1,918,321  

Niagara Tobacco Asset Securitization Corp., Refunding RB

    

5.25%, 05/15/34

     250       261,105  

5.25%, 05/15/40

     630       653,689  

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

     910       963,426  

Westchester Tobacco Asset Securitization Corp., Refunding RB

    

Sub-Series C, 4.00%, 06/01/42

     1,130       1,143,027  

Sub-Series C, 5.13%, 06/01/51

     1,225       1,304,213  
   

 

 

  
      11,522,930  
Transportation — 35.4%            

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

     1,015       1,070,183  

Metropolitan Transportation Authority, RB

    

Series A-1, 5.25%, 11/15/23(c)

     1,080       1,129,876  

Series E, 5.00%, 11/15/38

     5,650       5,744,530  

Metropolitan Transportation Authority, Refunding RB

    

Series A, 4.00%, 11/15/51

     8,335       8,214,826  

Series A-1, 5.25%, 11/15/57

     1,000       1,054,064  

Series B, 5.00%, 11/15/37

     1,000       1,047,070  
Security  

Par

(000)

     Value  

Transportation (continued)

    

Metropolitan Transportation Authority, Refunding RB (continued)

    

Series D, 5.25%, 11/15/23(c)

   $ 1,660     $ 1,736,663  

Series F, 5.00%, 11/15/30.

     3,500       3,537,727  

Sub-Series B-1, 5.00%, 11/15/31

     1,500       1,555,608  

Sub-Series B-1, 5.00%, 11/15/51

     480       504,694  

Sub-Series B-2, 4.00%, 11/15/34

     1,750       1,801,753  

Sub-Series C-1, 5.00%, 11/15/34

     1,860       1,932,795  

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

     5,160       5,257,106  

New York Liberty Development Corp., Refunding RB

    

Series 1, 4.00%, 02/15/43

     2,385       2,415,976  

Series 1, 2.75%, 02/15/44

     3,125       2,326,131  

Series-A, 3.00%, 11/15/51

     8,795       7,020,802  

New York State Bridge Authority, RB, Series A, 4.00%, 01/01/46

     1,050       1,080,068  

New York State Thruway Authority, RB

    

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

     365       380,884  

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

     1,130       1,198,414  

New York State Thruway Authority, Refunding RB

    

Series J, 5.00%, 01/01/41

     2,500       2,577,158  

Series K, 5.00%, 01/01/32

     3,325       3,514,868  

Series L, 5.00%, 01/01/33

     90       98,503  

Series L, 5.00%, 01/01/34

     140       152,635  

Series L, 5.00%, 01/01/35

     170       184,786  

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

     1,300       1,268,747  

New York Transportation Development Corp., ARB

    

AMT, 5.00%, 12/01/34

     5,000       5,357,520  

AMT, 4.00%, 12/01/42

     5,000       4,678,380  

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

     1,100       1,090,510  

Series A, AMT, 5.00%, 07/01/41

     1,040       1,078,245  

Series A, AMT, 5.00%, 07/01/46

     1,270       1,314,987  

Series A, AMT, 5.25%, 01/01/50

     7,895       8,179,220  

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

     2,000       1,958,112  

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

     2,320       2,171,149  

Port Authority of New York & New Jersey, Refunding ARB

    

Series 179, 5.00%, 12/01/38

     820       848,178  

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

     930       945,127  

195th Series, AMT, 5.00%, 04/01/36

     750       789,982  

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

     1,120       1,085,284  

Series 178th, AMT, 5.00%, 12/01/33

     750       770,675  

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

     675       656,143  

Triborough Bridge & Tunnel Authority, RB

    

Series A, 5.00%, 11/15/42

     1,000       1,067,109  

Series A, 5.00%, 11/15/56

     360       392,469  

Series B, 5.00%, 11/15/40

     870       915,397  

Series B, 5.00%, 11/15/45

     310       323,619  

Series C- 2, Senior Lien, 4.00%, 05/15/46

     5,000       4,935,500  

Triborough Bridge & Tunnel Authority, Refunding RB

    

Series A, 5.00%, 11/15/29

     810       831,123  

Series A, 5.25%, 11/15/45

     1,330       1,390,971  

Series A, 5.00%, 11/15/50

     1,000       1,035,062  

Series A-1, 4.00%, 05/15/46

         7,000           6,950,811  

 

 

 

 

3  

Schedule of Investments (unaudited) (continued)

April 30, 2022

   

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

Security  

Par

(000)

     Value  

Transportation (continued)

 

Triborough Bridge & Tunnel Authority, Refunding RB (continued)

    

Series B, 5.00%, 11/15/38

   $ 725     $ 784,554  

Triborough Bridge & Tunnel Authority, Refunding RB,

    

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

        2,335       1,610,814  
   

 

 

  
          107,966,808  
Utilities — 21.4%            

Long Island Power Authority, RB

    

(AGM), 0.00%, 06/01/28(d)

    3,515       2,911,039  

5.00%, 09/01/36

     340       365,453  

5.00%, 09/01/38

     3,375       3,645,162  

5.00%, 09/01/42

     290       307,723  

5.00%, 09/01/47

     1,640       1,751,185  

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

     4,000       4,604,148  

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

     515       538,436  

New York City Municipal Water Finance Authority, RB, 4.00%, 06/15/50

     5,000       5,009,365  

NEW YORK CITY NY MUNI WTR FIN NYCUTL 06/45 FIXED 4, 4.00%, 06/15/45

     3,500       3,457,482  

New York City Water & Sewer System, RB

    

3.00%, 06/15/50

     4,395       3,684,052  

3.00%, 06/15/51

     605       494,764  

4.00%, 06/15/51

     8,965       8,817,777  

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

     1,825       1,826,139  

Series DD, 5.25%, 06/15/47

     245       261,768  

Series EE, 5.00%, 06/15/40

     700       754,048  

Series HH, 5.00%, 06/15/39

     3,500       3,661,931  

Sub-Series AA-1, 4.00%, 06/15/50

     1,000       999,207  

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

     455       458,664  

New York Power Authority, RB, (AGM),
4.00%, 11/15/61

     10,000       9,969,529  

New York State Environmental Facilities Corp., RB

    

Series B, 5.00%, 09/15/40

     635       670,284  

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

     1,760       1,913,593  

New York State Environmental Facilities Corp., Refunding RB, 4.00%, 06/15/47

     3,110       3,148,769  

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

     5,690       5,890,208  

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

    250       268,969  
   

 

 

  
      65,409,695  
   

 

 

  

Total Municipal Bonds in New York

           423,005,606  

Puerto Rico — 6.7%

    
State — 5.3%            

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

    

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

     1,731       1,752,499  

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

     7,731       7,913,297  

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

     3,004       2,978,790  

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

     1,544       1,570,206  

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

     130       131,592  

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

     126       127,512  

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

    5,916       1,662,142  
   

 

 

  
      16,136,038  

 

Security  

Par

(000)

     Value  
Tobacco — 0.5%            

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

   $ 1,385     $ 1,408,767  
   

 

 

  
Utilities — 0.9%            

Puerto Rico Commonwealth Aqueduct & Sewer Authority, Refunding RB

    

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

     2,160       2,168,305  

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

     620       622,487  
   

 

 

  
      2,790,792  
   

 

 

  

Total Municipal Bonds in Puerto Rico

       20,335,597  
   

 

 

  

Total Municipal Bonds — 145.3%
(Cost: $456,879,655)

           443,341,203  
   

 

 

  

Municipal Bonds Transferred to Tender Option Bond Trusts(e)

 

New York — 28.4%

 

County/City/Special District/School District — 3.3%  

City of New York, GO

    

Sub-Series I-1, 5.00%, 03/01/36

     2,250       2,328,914  

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

    4,000       4,331,358  

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

     1,790       1,813,087  

New York City Transitional Finance Authority Future Tax Secured Revenue, RB, Sub-Series F-1, 5.00%, 05/01/38

     1,424       1,529,353  
   

 

 

  
      10,002,712  
Education — 1.4%            

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

    4,038       4,180,166  
   

 

 

  
Housing — 1.7%            

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

     5,248       5,301,625  
   

 

 

  
State — 3.6%            

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

     1,000       1,111,890  

New York State Dormitory Authority, Refunding RB

    

Series A, 4.00%, 03/15/49

     3,300       3,254,363  

Series C, 5.00%, 03/15/39

     1,000       1,082,358  

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

     3,503       3,520,851  

Sales Tax Asset Receivable Corp., Refunding RB, Series A, 5.00%, 10/15/24(c)

    1,995       2,123,322  
   

 

 

  
      11,092,784  
Transportation — 11.2%            

New York State Thruway Authority, Refunding RB(f)

   

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

     5,998       5,854,022  

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

     4,489       4,363,569  

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

     2,864       2,710,038  

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

     2,925       3,070,926  

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

     4,760       5,103,139  

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

        8,059       7,951,316  

Triborough Bridge & Tunnel Authority, Refunding RB

    

Series A, 5.00%, 11/15/46

     3,000       3,146,009  

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

     1,665       1,806,022  
   

 

 

  
      34,005,041  
 

 

 

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, 2022

   

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

Security  

Par

(000)

     Value  
Utilities — 7.2%            

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

   $ 7,126     $ 6,935,084  

Utility Debt Securitization Authority, Refunding RB

    

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

     3,000       3,253,625  

Series B, 4.00%, 12/15/35

     840       868,924  

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

     10,587       10,959,312  
   

 

 

  
      22,016,945  
   

 

 

  

Total Municipal Bonds in New York

       86,599,273  
   

 

 

  

Total Municipal Bonds Transferred to Tender Option Bond Trusts — 28.4%
(Cost: $89,348,992)

 

     86,599,273  
   

 

 

  

Total Long-Term Investments — 173.7%
(Cost: $546,228,647)

           529,940,476  
   

 

 

  
     Shares         

Short-Term Securities

    
Money Market Funds — 0.1%            

BlackRock Liquidity Funds New York Money Fund Portfolio, 0.24%(g)(h)

     365,499       365,499  
   

 

 

  

Total Short-Term Securities — 0.1%
(Cost: $365,499)

 

     365,499  
   

 

 

  

Total Investments — 173.8%
(Cost: $546,594,146)

 

     530,305,975  

Other Assets Less Liabilities — 2.0%

 

     6,004,056  

Liability for TOB Trust Certificates, Including Interest Expense and Fees Payable — (17.1)%

 

     (52,136,500 ) 

VRDP Shares at Liquidation Value, Net of Deferred Offering Costs —(58.7)%

 

     (179,049,700 ) 
   

 

 

  

Net Assets Applicable to Common Shares — 100.0%

 

   $     305,123,831  
   

 

 

  
(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 May 15, 2028, is $14,850,375.

(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.

Affiliates

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

 

 

  
Affiliated Issuer    Value at
07/31/21		      Purchases
at Cost		      Proceeds
from Sales		      Net
Realized
Gain (Loss)		      Change in
Unrealized
Appreciation
(Depreciation)		      Value at
04/30/22		      Shares
Held at
04/30/22		      Income      Capital Gain
Distributions
from
Underlying
Funds		  

 

  

BlackRock Liquidity Funds New York Money Fund Portfolio

    $ 8,503,848      $ —      $ (8,138,349 )(a)     $ —      $ —      $ 365,499        365,499      $ 2,045      $ —  
     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

 

  (a) 

Represents net amount purchased (sold).

 

 

 

5  

Schedule of Investments (unaudited) (continued)

April 30, 2022

    BlackRock New York Municipal Income Trust (BNY)

 

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

      151        06/21/22      $ 17,976      $ 820,177  

U.S. Long Bond

      227        06/21/22        31,894        1,635,597  

5-Year U.S. Treasury Note

      189        06/30/22        21,274        695,893  
           

 

 

  
            $ 3,151,667  
           

 

 

  

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

    $ —      $ 443,341,203      $ —      $ 443,341,203  

Municipal Bonds Transferred to Tender Option Bond Trusts

      —        86,599,273        —        86,599,273  

Short-Term Securities

            

Money Market Funds

      365,499        —        —        365,499  
  

 

 

     

 

 

     

 

 

     

 

 

  
   $ 365,499      $ 529,940,476      $ —      $ 530,305,975  
  

 

 

     

 

 

     

 

 

     

 

 

  

Derivative Financial Instruments(a)

            

Assets

            

Interest Rate Contracts

    $ 3,151,667      $ —      $ —      $ 3,151,667  
  

 

 

     

 

 

     

 

 

     

 

 

  

 

  (a) 

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

 

 

 

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, 2022

    BlackRock New York Municipal Income Trust (BNY)

 

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

    $ —      $ (52,089,188 )     $ —      $ (52,089,188 ) 

VRDP Shares at Liquidation Value

      —        (179,400,000 )       —        (179,400,000 ) 
  

 

 

     

 

 

     

 

 

     

 

 

  
   $ —      $ (231,489,188 )     $ —      $ (231,489,188 ) 
  

 

 

     

 

 

     

 

 

     

 

 

  

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
HUD SECT 8    U.S. Department of Housing and Urban Development Section 8
M/F    Multi-Family
RB    Revenue Bond
S/F    Single-Family
SAW    State Aid Withholding
SONYMA    State of New York Mortgage Agency

 

 

7