NPORT-EX 2 NPORT_D2H3_42155153_0423.htm BlackRock New York Municipal Income Trust

Schedule of Investments (unaudited)

April 30, 2023

   

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

Security  

Par

(000)

     Value  
Municipal Bonds            

Alabama — 0.2%

    
Corporate — 0.2%            

Lower Alabama Gas District, RB, Series A, 5.00%, 09/01/46

   $ 645     $ 655,071  
   

 

 

  
New York — 93.2%            
Corporate — 2.3%            

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

    420       430,669  

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

     2,660       3,044,926  

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

    120       114,118  

New York Transportation Development Corp., RB

    

AMT, 5.00%, 10/01/35

     930       976,297  

AMT, 5.00%, 10/01/40

     2,750       2,808,998  

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

     1,180       994,552  

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

    2,710       2,309,874  
   

 

 

  
          10,679,434  
County/City/Special District/School District — 18.3%  

Battery Park City Authority, RB, Sustainability Bonds, 4.00%, 11/01/44

     2,280       2,296,856  

City of New York, GO

    

Series A-1, 4.00%, 09/01/46

     800       777,754  

Series B, 5.25%, 10/01/39

     525       604,425  

Series B, 5.25%, 10/01/40

     405       464,747  

Series C, 5.00%, 08/01/43

     385       419,578  

Series D, 5.38%, 06/01/32

     25       25,046  

Series D, 5.00%, 12/01/43

         4,000       4,280,704  

Series D-1, 4.00%, 03/01/42

     545       543,262  

Series E-1, 5.00%, 03/01/39

     1,620       1,737,993  

Series F-1, 5.00%, 03/01/43

     2,000       2,195,240  

Series F-1, 4.00%, 03/01/47

     1,945       1,870,643  

Sub-Series D-1, 5.00%, 08/01/31

     1,820       1,827,333  

Sub-Series E1, 4.00%, 04/01/45

     1,910       1,876,806  

Sub-Series F-1, 5.00%, 04/01/43

     930       989,731  

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

     1,790       1,821,799  

County of Nassau New York, GO

    

Series B, (AGM), 5.00%, 07/01/45

     1,000       1,064,695  

Series C, 5.00%, 10/01/29

     500       554,781  

Series C, 5.00%, 10/01/31

     1,420       1,575,646  

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

     565       598,462  

Hudson Yards Infrastructure Corp., Refunding RB, Series A, 4.00%, 02/15/43

     2,095       2,049,474  

New York City Industrial Development Agency, RB(c)

   

(AGC), 0.00%, 03/01/35

     500       314,308  

(AGC), 0.00%, 03/01/39

     1,000       494,264  

(AGC), 0.00%, 03/01/42

     3,710       1,559,257  

(AGC), 0.00%, 03/01/45

     2,000       711,656  

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

     3,970       3,788,063  

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

    

Series A1, 5.00%, 08/01/40

     1,900       2,044,744  

Series D-1, 5.00%, 02/01/32

     5,000       5,077,445  
Security  

Par

(000)

     Value  

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

 

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

    

Series E-1, 4.00%, 02/01/49

   $ 1,880     $ 1,808,746  

Sub-Series A-3, 4.00%, 08/01/43

     1,035       1,026,342  

Sub-Series B1, 5.00%, 11/01/35

     425       434,404  

Sub-Series B1, 5.00%, 11/01/36

     340       347,904  

Sub-Series E-1, 5.00%, 02/01/39

     1,015       1,074,355  

Sub-Series E-1, 5.00%, 02/01/43

     3,600       3,750,574  

Subordinate, 4.00%, 05/01/39

     2,045       2,076,655  

Series A-1, Subordinate, 5.00%, 08/01/41

     1,000       1,113,424  

Series A-1, Subordinate, 4.00%, 08/01/48

     2,000       1,924,188  

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

     605       645,838  

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

     2,445       2,608,390  

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

     1,500       1,462,089  

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

   

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

     3,000       921,243  

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

     4,000       703,752  

New York Convention Center Development Corp., Refunding RB
5.00%, 11/15/40

     5,755       5,877,472  

5.00%, 11/15/45

     7,290       7,415,446  

New York Liberty Development Corp., Refunding RB
3.13%, 09/15/50

     965       741,003  

Class 2, 5.38%, 11/15/40(a)

    680       680,596  

Series 1, 5.00%, 11/15/44(a)

    2,730       2,633,863  

Triborough Bridge & Tunnel Authority Sales Tax Revenue, RB
4.00%, 05/15/52

         6,500       6,194,838  

Series A, 5.25%, 05/15/52

     1,035       1,145,790  

Series A, 5.25%, 05/15/57

     360       396,748  
   

 

 

  
          86,548,372  
Education — 14.0%            

Albany Capital Resource Corp., Refunding RB 4.00%, 07/01/41

     595       453,809  

4.00%, 07/01/51

     615       420,169  

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

     535       536,395  

5.00%, 10/01/48

     410       403,757  

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

     345       350,777  

Build NYC Resource Corp., RB(a)
5.00%, 02/01/33

     370       352,753  

5.75%, 02/01/49

     455       414,104  

5.75%, 06/01/62

     665       669,273  

Series A, 5.13%, 05/01/38

     660       631,865  

Series A, 5.50%, 05/01/48

     270       258,373  

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

     300       310,173  

5.00%, 06/01/35

     350       361,895  

5.00%, 06/01/40

     690       703,868  

5.00%, 11/01/47

     515       579,062  

Series A, 5.00%, 06/01/38

     750       768,262  

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

     170       171,914  

5.00%, 05/01/39

     125       125,671  

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

     1,000       1,026,911  

5.00%, 07/01/44

     500       505,866  
 

 

 

1    

Schedule of Investments (unaudited) (continued)

April 30, 2023

   

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     $ 472,664  

5.00%, 07/01/48

     680       705,991  

4.00%, 07/01/49

     3,000       2,869,968  

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

     755       791,842  

4.00%, 07/01/46

     1,430       1,381,374  

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

    900       906,244  

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

     310       317,876  

5.00%, 10/01/35

     935       958,768  

4.00%, 07/01/37

     220       220,880  

5.00%, 07/01/47

     320       328,369  

Monroe County Industrial Development Corp., Refunding RB

    

Series A, 5.00%, 07/01/23(d)

    960       962,891  

Series A, 4.00%, 07/01/50

     7,505       7,162,937  

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

     1,440       1,794,542  

Series A, 5.25%, 07/01/24(d)

    2,000       2,050,608  

Series A, 5.50%, 07/01/24(d)

    2,000       2,056,280  

Series A, 5.00%, 07/01/43

     1,260       1,329,108  

New York State Dormitory Authority, Refunding RB
5.00%, 07/01/44

     2,130       2,158,048  

Series A, 5.25%, 07/01/23(d)

    2,820       2,829,633  

Series A, 5.00%, 07/01/24(d)

    500       510,758  

Series A, 5.00%, 07/01/35

     3,445       3,606,343  

Series A, 5.00%, 07/01/37

     835       863,087  

Series A, 5.00%, 07/01/38

     255       270,950  

Series A, 5.00%, 07/01/43

     2,960       3,037,327  

Series A, 4.00%, 07/01/47

         1,285           1,188,337  

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

     1,065       1,105,077  

4.00%, 12/01/47

     6,000       5,812,092  

Orange County Funding Corp., Refunding RB

    

Series A, 5.00%, 07/01/37

     540       540,246  

Series A, 5.00%, 07/01/42

     335       335,092  

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

     415       494,546  

5.25%, 07/01/52

     715       782,675  

Troy Capital Resource Corp., Refunding RB
4.00%, 08/01/35

     890       897,229  

5.00%, 09/01/36

     1,850       2,015,891  

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

    4,000       4,018,152  

Series A, 5.00%, 07/01/37

     1,105       1,131,654  

Series A, 5.00%, 07/01/41

     500       509,958  

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

     300       271,786  

Yonkers Economic Development Corp., Refunding RB

    

Series A, 5.00%, 10/15/40

     70       66,940  

Series A, 5.00%, 10/15/50

     115       105,140  
   

 

 

  
      65,906,200  
Security  

Par

(000)

     Value  

Health — 5.1%

    

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

   $ 335     $ 291,195  

Build NYC Resource Corp., RB

    

Class A, 5.25%, 07/01/37

     1,010       923,887  

Class A, 5.50%, 07/01/47

     620       551,084  

Genesee County Funding Corp., Refunding RB,

    

Series A, 5.25%, 12/01/52

     680       687,844  

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

     305       230,521  

Monroe County Industrial Development Corp., RB 4.00%, 12/01/41

     600       527,807  

5.00%, 12/01/46

     280       280,017  

Series A, 5.00%, 12/01/32

     420       420,336  

Monroe County Industrial Development Corp., Refunding RB
4.00%, 12/01/36

     2,800       2,663,993  

4.00%, 12/01/46

     2,680       2,279,048  

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

         1,000       1,000,215  

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

     890       648,984  

4.00%, 07/01/39

     1,165       836,426  

4.00%, 07/01/47

     2,090       2,007,671  

4.25%, 05/01/52

     3,000       2,847,378  

5.00%, 05/01/52

     500       526,154  

Series A, 5.00%, 05/01/43

     3,430       3,490,464  

Oneida County Local Development Corp., RB, Class A, (AGM), 4.00%, 12/01/46

     1,100       1,064,730  

Oneida County Local Development Corp., Refunding RB, (AGM), 3.00%, 12/01/44

     1,800       1,430,525  

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

     530       543,334  

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

     110       106,090  

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

     85       85,116  

Westchester County Local Development Corp., Refunding RB(a)
5.00%, 07/01/41

     410       333,057  

5.00%, 07/01/56

     465       340,154  
   

 

 

  
          24,116,030  
Housing — 3.8%            

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

    

3.15%, 11/01/44

     250       206,581  

Class F-1, 4.30%, 11/01/37

     1,000       1,004,302  

Series B1, 5.25%, 07/03/23(d)

    750       752,562  

Series B-1, 5.00%, 07/03/23(d)

    1,300       1,303,916  

Series B-1, 5.25%, 07/03/23(d)

    2,970       2,980,146  

Series C-1A, 4.20%, 11/01/44

     1,000       980,715  

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

    

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

     110       101,776  

Series B-1, 4.85%, 11/01/48

     1,015       1,027,524  

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

     1,485       1,337,761  

Series G, (SONYMA), 2.60%, 11/01/46

     2,000       1,373,316  
 

 

 

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, 2023

   

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

Security  

Par

(000)

     Value  

Housing (continued)

    

New York State Housing Finance Agency, RB, M/F Housing (continued)

    

Series H, (FNMA, SONYMA), 4.25%, 11/01/51

   $ 1,000     $ 899,777  

Series J-1, 2.88%, 11/01/56

     2,750       1,796,402  

State of New York Mortgage Agency, RB, S/F Housing
250th Series, (SONYMA), 4.80%, 10/01/48

     2,630       2,658,201  

Series 239, (SONYMA), 2.70%, 10/01/47

     1,995       1,601,111  
   

 

 

  
          18,024,090  
State — 8.6%            

New York City Transitional Finance Authority Building Aid Revenue, RB, Series S1, Subordinate, (SAW), 4.00%, 07/15/45

     1,500       1,470,577  

New York City Transitional Finance Authority Building Aid Revenue, Refunding RB

    

Series S-1A, (SAW), 4.00%, 07/15/39

     250       255,547  

Series S-3, Subordinate, (SAW), 4.00%, 07/15/38

         5,715       5,820,676  

New York State Dormitory Authority, RB

    

Series A, 5.00%, 03/15/36

     1,905       2,055,244  

Series A, 5.00%, 03/15/39

     760       817,609  

Series A, 4.00%, 03/15/47

     2,350       2,305,312  

Series B, 5.00%, 03/15/38

     560       598,558  

Series B, 5.00%, 03/15/39

     960       1,019,875  

Series C, 4.00%, 03/15/45

     1,225       1,228,200  

New York State Dormitory Authority, Refunding RB

    

Series A, 5.25%, 03/15/39

     3,045       3,329,552  

Series A, 4.00%, 03/15/43

     2,500       2,470,315  

Series A, 4.00%, 03/15/47

     1,170       1,144,528  

Series C, 5.00%, 03/15/39

     1,000       1,075,801  

Series E, 5.00%, 03/15/41

     2,200       2,370,309  

New York State Thruway Authority, Refunding RB, Series A, 4.00%, 03/15/42

     500       502,561  

New York State Urban Development Corp., RB

    

Series A, 4.00%, 03/15/45

     1,470       1,433,834  

Series A, 4.00%, 03/15/49

     2,720       2,640,103  

Series C, 5.00%, 03/15/30

     1,885       1,887,861  

New York State Urban Development Corp., Refunding RB
4.00%, 03/15/45

     3,425       3,357,236  

4.00%, 03/15/46

     5,000       4,922,215  
   

 

 

  
      40,705,913  
Tobacco — 2.3%            

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

     400       398,244  

5.00%, 06/01/48

     550       497,015  

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

    1,400       1,400,207  

New York Counties Tobacco Trust VI, Refunding RB

    

Series A-2B, 5.00%, 06/01/45

     430       405,382  

Series A-2B, 5.00%, 06/01/51

     2,340       2,179,329  

Series C, 4.00%, 06/01/51

     2,250       1,778,873  

Niagara Tobacco Asset Securitization Corp., Refunding RB
5.25%, 05/15/34

     250       253,494  

5.25%, 05/15/40

     630       636,929  
Security  

Par

(000)

     Value  

Tobacco (continued)

    

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

   $ 910     $ 930,280  

Westchester Tobacco Asset Securitization Corp., Refunding RB

    

Sub-Series C, 4.00%, 06/01/42

     985       971,846  

Sub-Series C, 5.13%, 06/01/51

     1,225       1,233,552  
   

 

 

  
      10,685,151  
Transportation — 24.1%            

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

     1,015       1,051,452  

Hudson Yards Infrastructure Corp., Refunding RB

    

Series A, 5.00%, 02/15/39

     2,440       2,565,548  

Series A, 5.00%, 02/15/42

     2,255       2,353,776  

Metropolitan Transportation Authority, RB

    

Series A-1, 5.25%, 11/15/23(d)

    1,080       1,092,238  

Series E, 5.00%, 11/15/38

     5,650       5,687,505  

Metropolitan Transportation Authority, Refunding RB

    

Series A, 4.00%, 11/15/51

     8,335       8,032,723  

Series A-1, 5.25%, 11/15/57

     1,000       1,024,728  

Series B, 5.00%, 11/15/37

     1,000       1,031,534  

Series D, 5.25%, 11/15/23(d)

    1,660       1,678,811  

Sub-Series B-1, 5.00%, 11/15/31

     1,500       1,516,170  

Sub-Series B-1, 5.00%, 11/15/51

     480       497,832  

Sub-Series B-2, 4.00%, 11/15/34

     1,750       1,809,922  

Sub-Series C-1, 5.00%, 11/15/34

     1,860       1,926,646  

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

         5,160           5,177,456  

New York City Industrial Development Agency, Refunding RB, Series A, AMT, 5.00%, 07/01/28

     1,125       1,124,998  

New York Liberty Development Corp., Refunding RB, Series 1, 3.00%, 02/15/42

     1,015       807,158  

New York State Thruway Authority, RB

    

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

     365       376,316  

Series A, Junior Lien, 5.00%, 01/01/46

     1,285       1,317,956  

New York State Thruway Authority, Refunding RB

    

Series J, 5.00%, 01/01/41

     2,500       2,537,205  

Series K, 5.00%, 01/01/32

     3,325       3,446,442  

Series L, 5.00%, 01/01/33

     90       99,921  

Series L, 5.00%, 01/01/35

     170       187,593  

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

     7,305       7,033,619  

Series B, Subordinate, 4.00%, 01/01/50

     3,720       3,522,911  

New York Transportation Development Corp., ARB

    

AMT, 5.00%, 12/01/35

     5,000       5,403,185  

AMT, 4.00%, 12/01/42

     5,000       4,516,245  

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

     1,100       1,032,438  

Series A, AMT, 5.00%, 07/01/46

     1,040       1,029,161  

Series A, AMT, 5.25%, 01/01/50

     9,165       9,187,848  

New York Transportation Development Corp., RB, AMT, 4.00%, 10/31/46

     2,000       1,741,836  

Port Authority of New York & New Jersey, Refunding ARB

    

179th Series, 5.00%, 12/01/38

     820       829,806  

194th Series, 5.25%, 10/15/55

     2,930       3,028,360  

AMT, 5.00%, 01/15/52

     2,795       2,936,167  

177th Series, AMT, 4.00%, 01/15/43

     1,120       1,089,151  

178th Series, AMT, 5.00%, 12/01/43

     930       935,234  

195th Series, AMT, 5.00%, 04/01/36

     750       778,709  
 

 

 

3    

Schedule of Investments (unaudited) (continued)

April 30, 2023

   

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)		     Value  

Transportation (continued)

    

Port Authority of New York & New Jersey, Refunding ARB (continued)

    

Series 178th, AMT, 5.00%, 12/01/33

   $ 750     $ 757,037  

Series 231st, AMT, 5.50%, 08/01/47

     3,000       3,342,141  

Triborough Bridge & Tunnel Authority Sales Tax Revenue, RB

    

Series A, 4.00%, 05/15/48

     3,110       3,039,636  

Series A, 4.13%, 05/15/53

     1,315       1,282,776  

Series A, 5.00%, 05/15/53

     2,630       2,853,968  

Series A, 4.50%, 05/15/63

     5,000       4,961,625  

Triborough Bridge & Tunnel Authority, RB

    

Series A, 5.00%, 11/15/42

     1,000       1,054,305  

Series A, 4.00%, 11/15/56

     1,555       1,458,564  

Series B, 5.00%, 11/15/40

     870       906,035  

Triborough Bridge & Tunnel Authority, Refunding RB

    

Series A, 5.00%, 11/15/29

     810       810,555  

Series A, 5.25%, 11/15/45

     1,330       1,374,216  

Series A, 5.00%, 11/15/50

     1,000       1,021,189  

Series B, 5.00%, 11/15/37

     725       776,891  

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

        2,335       1,759,259  
   

 

 

  
          113,806,797  
Utilities — 14.7%            

Long Island Power Authority, RB

    

(AGM), 0.00%, 06/01/28(c)

    3,515       3,024,573  

5.00%, 09/01/36

     340       372,069  

5.00%, 09/01/38

     3,375       3,668,551  

5.00%, 09/01/47

     2,195       2,305,670  

Series C, (AGC), 5.25%, 09/01/29

     4,000       4,558,420  

New York City Municipal Water Finance Authority, RB

    

Series AA-1, 5.25%, 06/15/52

     5,000       5,596,340  

Series CC-1, 4.00%, 06/15/52

     5,000       4,867,655  

Series FF-1, Subordinate, 4.00%, 06/15/49

     9,535       9,380,209  

New York City Municipal Water Finance Authority, Refunding RB

    

Series DD, 4.13%, 06/15/46

     4,000       3,956,188  

Series DD, 4.13%, 06/15/47

     2,630       2,597,022  

Series DD, 5.00%, 06/15/47

     2,565       2,819,343  

Series GG, 5.00%, 06/15/39

     690       718,106  

Series HH, 5.00%, 06/15/39

     3,500       3,639,143  

New York Power Authority, Refunding RB

    

Series A, 4.00%, 11/15/50

     2,000       1,915,666  

Series A, 4.00%, 11/15/55

     8,925       8,445,549  

Series A, 4.00%, 11/15/60

     585       540,016  

New York State Environmental Facilities Corp., RB, Series B, 5.00%, 09/15/40

     635       664,079  

New York State Environmental Facilities Corp., Refunding RB, 5.00%, 06/15/51

     3,715       4,034,735  

Rockland County Solid Waste Management Authority, RB, Series A, AMT, 4.00%, 12/15/46

     990       920,644  

Utility Debt Securitization Authority, Refunding RB Restructured, 5.00%, 12/15/44

     2,000       2,264,034  

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

     3,000       3,229,920  
   

 

 

  
      69,517,932  
   

 

 

  

Total Municipal Bonds in New York

       439,989,919  
Security   Par
(000)		     Value  

Puerto Rico — 2.9%

    
State — 2.9%            

Puerto Rico Sales Tax Financing Corp Sales Tax Revenue, RB, Series A1, Restructured, 4.75%, 07/01/53

   $ 2,089     $ 1,961,239  

Puerto Rico Sales Tax Financing Corp Sales Tax Revenue, RB, CAB, Series A1, Restructured, 0.00%, 07/01/46(c)

    5,916       1,608,637  

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

    

Series A1, Restructured, 5.00%, 07/01/58

     5,938       5,710,355  

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

     1,544       1,430,076  

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

     3,004       2,790,386  

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

     130       121,540  

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

     126       116,929  
   

 

 

  

Total Municipal Bonds in Puerto Rico

       13,739,162  
   

 

 

  

Total Municipal Bonds — 96.3%
(Cost: $455,924,646)

       454,384,152  
   

 

 

  

Municipal Bonds Transferred to Tender Option Bond Trusts(e)

 

New York — 2.1%

    

County/City/Special District/School District — 0.5%

 

City of New York, GO, Sub-Series 1-I, 5.00%, 03/01/36

     2,250       2,288,720  
   

 

 

  
Housing — 1.1%            

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

     5,248       5,144,897  
   

 

 

  
Transportation — 0.5%            

Port Authority of New York & New Jersey, ARB, AMT, Series 221, 4.00%, 07/15/55

     2,860       2,611,681  
   

 

 

  

Total Municipal Bonds in New York

       10,045,298  
   

 

 

  

Total Municipal Bonds Transferred to Tender Option Bond Trusts — 2.1%
(Cost: $10,277,581)

 

     10,045,298  
   

 

 

  

Total Long-Term Investments — 98.4%
(Cost: $466,202,227)

 

     464,429,450  
   

 

 

  
     Shares         

Short-Term Securities

 

Money Market Funds — 1.4%  

BlackRock Liquidity Funds New York Money Fund Portfolio, 3.34%(f)(g)

    6,477,056       6,477,056  
   

 

 

  

Total Short-Term Securities — 1.4%
(Cost: $6,477,056)

       6,477,056  
   

 

 

  

Total Investments — 99.8%
(Cost: $472,679,283)

 

     470,906,506  

Other Assets Less Liabilities — 39.2%

 

     185,446,783  

Liability for TOB Trust Certificates, Including Interest Expense and Fees Payable — (1.1)%

 

     (5,232,117 ) 

VRDP Shares at Liquidation Value, Net of Deferred Offering Costs — (37.9)%

 

     (179,068,909 ) 
   

 

 

  

Net Assets Applicable to Common Shares — 100.0%

 

   $ 472,052,263  
   

 

 

  
 

 

 

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, 2023

   

BlackRock New York Municipal Income Trust (BNY)

 

(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) 

Zero-coupon bond.

(d) 

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.

(e) 

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

(f) 

Affiliate of the Fund.

(g) 

Annualized 7-day yield as of period end.

 

For Fund compliance purposes, the Fund’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 Fund during the period ended April 30, 2023 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

 

 

  
Affiliated Issuer    Value at
07/31/22		      Purchases
at Cost		      Proceeds
from Sales		      Net
Realized
Gain (Loss)		      Change in
Unrealized
Appreciation
(Depreciation)		      Value at
04/30/23		      Shares
Held at
04/30/23		      Income      Capital Gain
Distributions
from
Underlying
Funds		  

 

  

BlackRock Liquidity Funds New York Money Fund Portfolio

    $ 694,571      $ 5,782,579 (a)     $ —      $ (94 )     $ —      $ 6,477,056        6,477,056      $ 69,945      $ —  
           

 

 

     

 

 

     

 

 

        

 

 

     

 

 

  

(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

      54        06/21/23      $ 6,234      $ (196,073 ) 

U.S. Long Bond

      99        06/21/23        13,056        (584,223 ) 

5-Year U.S. Treasury Note

      63        06/30/23        6,927        (165,839 ) 
           

 

 

  
            $ (946,135 ) 
           

 

 

  

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 Fund 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 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 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

 

 

5    

Schedule of Investments (unaudited) (continued)

April 30, 2023

   

BlackRock New York Municipal Income Trust (BNY)

 

Fair Value Hierarchy as of Period End (continued)

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 Fund’s policy regarding valuation of financial instruments, refer to its most recent financial statements.

The following table summarizes the Fund’s financial instruments categorized in the fair value hierarchy. The breakdown of the Fund’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

    $ —      $ 454,384,152      $ —      $ 454,384,152  

Municipal Bonds Transferred to Tender Option Bond Trusts

      —        10,045,298        —        10,045,298  

Short-Term Securities

            

Money Market Funds

      6,477,056        —        —        6,477,056  
  

 

 

     

 

 

     

 

 

     

 

 

  
   $   6,477,056      $ 464,429,450      $             —      $ 470,906,506  
  

 

 

     

 

 

     

 

 

     

 

 

  

Derivative Financial Instruments(a)

           

Liabilities

            

Interest Rate Contracts

    $ (946,135 )     $ —      $ —      $ (946,135 ) 
  

 

 

     

 

 

     

 

 

     

 

 

  

 

  (a)

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

 

The Fund 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

    $ —      $ (5,176,932 )     $ —      $ (5,176,932 ) 

VRDP Shares at Liquidation Value

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

 

 

     

 

 

     

 

 

     

 

 

  
   $             —      $ (184,576,932 )     $             —      $ (184,576,932 ) 
  

 

 

     

 

 

     

 

 

     

 

 

  

 

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
FHLMC    Federal Home Loan Mortgage Corp.
FNMA    Federal National Mortgage Association
GNMA    Government National Mortgage Association
GO    General Obligation Bonds
M/F    Multi-Family
MTA   

Month Treasury Average

RB    Revenue Bond
S/F    Single-Family
SAW    State Aid Withholding
SONYMA    State of New York Mortgage Agency

 

 

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

   6