NPORT-EX 2 NPORT_8262959629994026.htm EX-BNY

Schedule of Investments  (unaudited) 

April 30, 2020

  

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)
    Value  

Municipal Bonds — 136.2%

 

New York — 130.5%

 

Corporate — 4.9%  

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

  $ 280     $ 286,317  

City of New York Industrial Development Agency, Refunding RB, Transportation Infrastructure Properties LLC, Series A, AMT:

   

5.00%, 07/01/22

    650       679,302  

5.00%, 07/01/28

    795       779,696  

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

    3,195       3,978,734  

New York Transportation Development Corp., Refunding ARB, American Airlines, Inc., AMT, 5.00%, 08/01/31

    1,025       995,613  

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

    2,370       2,202,133  
   

 

 

 
      8,921,795  
County/City/Special District/School District — 33.8%  

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

    620       665,632  

City of New York, GO, Refunding, Series E:

   

5.50%, 08/01/25

    815       913,786  

5.00%, 08/01/30

    1,000       1,080,050  

City of New York, GO:

 

Series A-1, 5.00%, 08/01/21(b)

    1,000       1,052,670  

Series D, 5.38%, 06/01/32

    25       25,069  

Sub-Series D-1, Fiscal 2014, 5.00%, 08/01/31

    690       760,594  

Sub-Series G-1, 5.00%, 04/01/29

    5,120       5,436,774  

SubSeries A-1, Series A, 5.00%, 08/01/43

    1,500       1,745,235  

City of New York Convention Center Development Corp., RB, CAB, Sub Lien, Hotel Unit Fee,
Series B (AGM), 0.00%, 11/15/55(c)

    2,000       434,400  

City of New York Convention Center Development Corp., Refunding RB, Hotel Unit Fee Secured:

   

5.00%, 11/15/40

    2,975       3,159,956  

5.00%, 11/15/45

    3,700       3,931,879  

City of New York Industrial Development Agency, RB, PILOT:

 

CAB, Yankee Stadium Project, Series A (AGC), 0.00%, 03/01/42(c)

    1,960       946,758  
Security   Par
(000)
    Value  

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

 

CAB, Yankee Stadium Project, Series A (AGC), 0.00%, 03/01/45(c)

  $ 1,500     $ 631,380  

(AMBAC), 5.00%, 01/01/39

    3,000       3,001,500  

Queens Baseball Stadium (AGC), 6.38%, 01/01/39

    150       150,525  

Queens Baseball Stadium (AMBAC),
5.00%, 01/01/46

    175       175,038  

Yankee Stadium Project (NPFGC), 4.75%, 03/01/46

    350       350,728  

Yankee Stadium Project (NPFGC), 5.00%, 03/01/46

    500       500,225  

City of New York Transitional Finance Authority Future Tax Secured, RB:

   

Future Tax Secured, 5.00%, 02/01/32

    5,000       5,601,750  

Future Tax Secured Subordinate Bond,
Series C-3, 5.00%, 05/01/41

    355       410,891  

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

    1,725       1,950,475  

Series A-2, 5.00%, 08/01/38

    1,420       1,643,125  

City of New York Transitional Finance Authority Future Tax Secured Revenue, RB, Fiscal 2012, Sub-Series E-1, 5.00%, 02/01/42

    2,500       2,626,675  

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

    945       1,154,743  

Hudson Yards Infrastructure Corp., RB, Senior, Fiscal 2012:

 

5.75%, 02/15/21(b)

    125       129,868  

5.75%, 02/15/47

    75       77,197  

Hudson Yards Infrastructure Corp., Refunding RB, Series A:

 

5.00%, 02/15/39

    1,370       1,584,884  

5.00%, 02/15/42

    1,225       1,407,513  

Metropolitan Transportation Authority, Refunding RB, Green Bonds, Climate Bond Certified, Sub-Series B-2, 4.00%, 11/15/34

    750       801,592  

New York Liberty Development Corp., Refunding RB, World Trade Center Project:

   

3 Class 1, 5.00%, 11/15/44(a)

    2,450       2,258,140  

3 Class 2, 5.38%, 11/15/40(a)

    480       471,902  

4, 5.00%, 11/15/31

    860       899,182  

4, 5.00%, 11/15/44

    7,655       7,972,606  

7 Class 1, 4.00%, 09/15/35

    1,935       2,026,332  
 

 

 

          1  


Schedule of Investments  (unaudited) (continued)

April 30, 2020

  

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)
    Value  

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

 

7 Class 2, 5.00%, 09/15/43

  $ 1,420     $ 1,497,532  

7 Class 3, 5.00%, 03/15/44

    2,070       2,195,670  

5.75%, 11/15/51

    1,340       1,397,580  
   

 

 

 
      61,069,856  
Education — 21.9%            

Amherst Development Corp., Refunding RB, Daemen College Project:

   

5.00%, 10/01/43

    380       404,179  

5.00%, 10/01/48

    290       299,837  

Build NYC Resource Corp., RB(a):

   

Inwood Academy for Leadership Charter School Project, Series A, 5.13%, 05/01/38

    660       619,562  

New Dawn Charter School Project,
5.75%, 02/01/49

    200       176,452  

New Dawn Charter Schools Project,
5.00%, 02/01/33

    435       386,728  

Build NYC Resource Corp., Refunding RB, City University New York-Queens College Student Residences, LLC Project, Series A,
5.00%, 06/01/38

    250       278,678  

City of New York Trust for Cultural Resources, Refunding RB, American Museum of Natural History, Series A, 5.00%, 07/01/37

    225       256,262  

City of Troy New York Capital Resource Corp., Refunding RB, Rensselaer Polytechnic Institute Project:

   

Series A, 5.13%, 09/01/40

    3,135       3,177,260  

Series B, 4.00%, 08/01/35

    470       497,565  

Counties of Buffalo & Erie New York Industrial Land Development Corp., Refunding RB, The Charter School for Applied Technologies Project,
Series A, 5.00%, 06/01/35

    245       260,619  

County of Cattaraugus New York, RB, St. Bonaventure University Project, 5.00%, 05/01/34

    170       182,997  

County of Dutchess New York Local Development Corp., RB, Marist College Project:

   

5.00%, 07/01/43

    240       270,984  

5.00%, 07/01/48

    360       399,877  
Security   Par
(000)
    Value  

Education (continued)

   

County of Dutchess New York Local Development Corp., Refunding RB, Vassar College Project:

   

5.00%, 07/01/42

  $ 395     $ 454,890  

4.00%, 07/01/46

    745       797,739  

County of Monroe New York Industrial Development Corp., RB, University of Rochester Project,
Series A, 5.00%, 07/01/21(b)

    1,900       1,994,126  

County of Monroe New York Industrial Development Corp., Refunding RB, University of Rochester Project, Series A, 5.00%, 07/01/23(b)

    320       361,331  

County of Orange New York Funding Corp., Refunding RB, Mount St. Mary College Project, Series A:

   

5.00%, 07/01/37

    360       367,495  

5.00%, 07/01/42

    220       223,364  

County of St. Lawrence New York Industrial Development Agency, RB, Clarkson University Project, 5.38%, 09/01/41

    750       761,445  

County of Tompkins New York Development Corp., RB, Ithaca College Project (AGM),
5.50%, 01/01/21(b)

    700       721,910  

Geneva Development Corp., Refunding RB, Hobart & William Smith Colleges, 5.25%, 09/01/44

    500       521,885  

State of New York Dormitory Authority, RB:

   

Convent of the Sacred Heart (AGM),
5.25%, 05/01/21(b)

    155       161,924  

Convent of the Sacred Heart (AGM),
5.63%, 05/01/21(b)

    750       786,270  

Convent of the Sacred Heart (AGM),
5.75%, 05/01/21(b)

    210       220,416  

New York University, Series 1 (AMBAC),
5.50%, 07/01/40

    1,440       1,992,974  

New York University, Series B, 5.00%, 07/01/22(b)

    1,250       1,363,112  

State University Dormitory Facilities, Series A, 5.00%, 07/01/21(b)

    2,000       2,098,360  

State University Of New York Dormitory Facilities, Series A, 5.00%, 07/01/43

    845       980,361  

Teachers College, Series B, 5.00%, 07/01/42

    1,225       1,306,413  
 

 

 

2        


Schedule of Investments  (unaudited) (continued)

April 30, 2020

  

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)
    Value  

Education (continued)

   

Touro College & University System, Series A, 5.25%, 01/01/34

  $ 800     $ 821,568  

Touro College & University System, Series A, 5.50%, 01/01/39

    2,000       2,055,940  

University of Rochester, Series A, 5.13%, 07/01/39

    110       110,290  

University of Rochester, Series A, 5.75%, 07/01/39

    85       85,264  

State of New York Dormitory Authority, Refunding RB:

   

3rd General Resolution, State University Educational Facilities Issue, Series A,
5.00%, 05/15/29

    2,000       2,136,780  

Barnard College, Series A, 5.00%, 07/01/33

    530       614,705  

Cornell University, Series A, 5.00%, 07/01/40

    800       804,144  

Culinary Institute of America, 5.00%, 07/01/42

    300       306,570  

Fordham University, 5.00%, 07/01/44

    850       907,570  

Icahn School of Medicine at Mount Sinai,
Series A, 5.00%, 07/01/35

    1,380       1,513,805  

New York University, Series A,
5.00%, 07/01/22(b)

    1,790       1,951,977  

Skidmore College, Series A, 5.00%, 07/01/28

    75       78,352  

Skidmore College, Series A, 5.25%, 07/01/29

    85       89,003  

St. John’s University, Series A, 5.00%, 07/01/37

    835       932,261  

State University Dormitory Facilities, Series A, 5.25%, 07/01/23(b)

    2,355       2,677,517  

State University Dormitory Facilities, Series A, 5.25%, 07/01/23(b)

    445       505,934  

St. John’s Univerisity, Series A, 5.00%, 07/01/34

    250       283,248  

Town of Hempstead New York Local Development Corp., Refunding RB:

   

Adelphi University Project, 5.00%, 10/01/35

    415       444,311  

Hofstra University Project, 5.00%, 07/01/47

    120       132,176  

Troy Capital Resource Corp., Refunding RB, Rensselaer Polytechnic Institute Project,
4.00%, 09/01/40(d)

    680       714,605  
Security   Par
(000)
    Value  

Education (continued)

   

Yonkers Economic Development Corp., RB, Charter School of Educational Excellance Project,
Series A, 5.00%, 10/15/54

  $ 200     $ 174,840  
   

 

 

 
      39,665,875  
Health — 13.0%            

County of Dutchess New York Local Development Corp., RB, Health Quest Systems, Inc., Series B, 4.00%, 07/01/41

    1,600       1,626,592  

County of Dutchess New York Local Development Corp., Refunding RB, Health Quest System, Inc., Series A, 5.75%, 07/01/20(b)

    100       100,793  

County of Genesee New York Industrial Development Agency, Refunding RB, United Memorial Medical Center Project,
5.00%, 12/01/27

    360       360,846  

County of Monroe New York Industrial Development Corp., RB, Rochester General Hospital Project:

   

4.00%, 12/01/41

    200       203,368  

5.00%, 12/01/46

    320       345,133  

Series A, 5.00%, 12/01/32

    240       256,039  

County of Monroe New York Industrial Development Corp., Refunding RB, Unity Hospital of Rochester Project (FHA), 5.50%, 08/15/40

    1,650       1,700,473  

County of Nassau New York Local Economic Assistance Corp., Refunding RB, Winthrop University Hospital Association Project,
5.00%, 07/01/22(b)

    2,800       3,053,372  

County of Oneida New York Local Development Corp., Refunding RB, Mohawk Valley Health System Project (AGM):

   

4.00%, 12/01/38

    1,790       1,810,746  

3.00%, 12/01/44

    1,410       1,225,882  

4.00%, 12/01/49

    800       779,456  

County of Suffolk New York EDC, RB, Catholic Health Services, Series C, 5.00%, 07/01/32

    230       244,249  

County of Tompkins New York Development Corp., Refunding RB, Kendal at Ithaca, Inc. Project, Series A, 5.00%, 07/01/44

    110       107,283  
 

 

 

          3  


Schedule of Investments  (unaudited) (continued)

April 30, 2020

  

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)
    Value  

Health (continued)

   

County of Westchester New York Healthcare Corp., Refunding RB, Senior Lien:

   

Remarketing, Series A, 5.00%, 11/01/30

  $ 3,130     $ 3,263,025  

Series B, 6.00%, 11/01/20(b)

    435       446,240  

Series B, 6.00%, 11/01/30

    65       66,256  

County of Westchester New York Local Development Corp., Refunding RB, Kendal On Hudson Project:

   

5.00%, 01/01/28

    675       675,000  

5.00%, 01/01/34

    1,250       1,205,813  

State of New York Dormitory Authority, RB, North Shore-Long Island Jewish Obligated Group, Series D, 4.25%, 05/01/39

    500       506,375  

State of New York Dormitory Authority, Refunding RB:

   

Catholic Health Syatem Obligation,
4.00%, 07/01/38

    470       486,704  

Catholic Health Syatem Obligation,
4.00%, 07/01/39

    615       634,010  

North Shore-Long Island Jewish Obligated Group, Series A, 5.00%, 05/01/21(b)

    1,750       1,821,190  

North Shore-Long Island Jewish Obligated Group, Series A, 5.00%, 05/01/21(b)

    1,000       1,042,190  

North Shore-Long Island Jewish Obligated Group, Series A, 5.00%, 05/01/43

    1,430       1,519,747  
   

 

 

 
    23,480,782  

Housing — 5.7%

   

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

   

Fund Grant Program, New York City Housing Authority Program, Series B1,
5.25%, 07/01/32

    1,140       1,264,693  

Fund Grant Program, New York City Housing Authority Program, Series B1,
5.00%, 07/01/33

    500       550,595  

Sustainable Neighborhood Bonds,
3.15%, 11/01/44

    250       252,268  

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

   

8 Spruce Street, Class F, 4.50%, 02/15/48

    925       968,623  

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

    1,150       1,183,937  
Security   Par
(000)
    Value  

Housing (continued)

   

County of Onondaga New York Trust for Cultural Resources, Refunding RB, Abby Lane Housing Corporation Project, 5.00%, 05/01/40

  $ 355     $ 392,907  

State of New York HFA, RB:

   

M/F Housing, Climate Bond Certified,
3.15%, 11/01/54

    750       750,660  

M/F Housing, Highland Avenue Senior Apartments, Series A, AMT (SONYMA),
5.00%, 02/15/39

    1,380       1,381,725  

M/F, Affordable Housing, Series E (SONYMA) ( Fannie Mae), 4.15%, 11/01/47

    495       523,274  

Series H, 4.25%, 11/01/51

    1,000       1,068,860  

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

    1,785       1,940,866  
   

 

 

 
    10,278,408  

State — 10.6%

   

City of New York Transitional Finance Authority Building Aid Revenue, RB, Subordinated,
Series S1-B, 4.00%, 07/15/42

    1,000       1,092,410  

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

    2,360       2,563,125  

State of New York Dormitory Authority, RB:

   

General Purpose, Series C, 5.00%, 03/15/34

    2,185       2,247,207  

Group B, State Sales Tax, Series A,
5.00%, 03/15/39

    620       715,009  

Series A, 5.00%, 03/15/36

    1,360       1,567,876  

Series A, 5.00%, 02/15/42

    1,500       1,732,410  

Unrefunded, Series B, 5.00%, 03/15/42

    4,380       4,626,594  

State of New York Dormitory Authority, Refunding RB:

   

Group 3, Series E, 5.00%, 03/15/41

    1,160       1,364,844  

Series A, 5.25%, 03/15/39

    1,030       1,233,775  
 

 

 

4        


Schedule of Investments  (unaudited) (continued)

April 30, 2020

  

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)
    Value  

State (continued)

   

State of New York Urban Development Corp., RB, State Personal Income Tax, Series C:

   

5.00%, 03/15/30

  $ 885     $ 967,119  

5.00%, 03/15/32

    1,000       1,088,320  
   

 

 

 
      19,198,689  

Tobacco — 3.0%

 

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

    150       135,998  

Counties of New York Tobacco Trust IV, Refunding RB, Settlement Pass-Through Turbo, Series A, 6.25%, 06/01/41(a)

    1,000       997,500  

Counties of New York Tobacco Trust VI, Refunding RB:

   

Settlement Pass-Through Turbo, Series C, 4.00%, 06/01/51

    1,500       1,097,880  

Tobacco Settlement Pass-Through, Series A-2B, 5.00%, 06/01/45

    130       119,495  

Tobacco Settlement Pass-Through, Series A-2B, 5.00%, 06/01/51

    1,470       1,284,383  

County of Niagara New York Tobacco Asset Securitization Corp., Refunding RB, Asset-Backed:

   

5.25%, 05/15/34

    250       267,752  

5.25%, 05/15/40

    110       115,598  

Westchester Tobacco Asset Securitization Corp., Refunding RB, Tobacco Settlement Bonds, Sub-Series C:

   

4.00%, 06/01/42

    720       609,480  

5.13%, 06/01/51

    870       791,952  
   

 

 

 
      5,420,038  

Transportation — 26.9%

 

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

    535       610,933  

Metropolitan Transportation Authority, RB:

   

Series A-1, 5.25%, 11/15/23(b)

    540       621,848  

Series D, 5.25%, 11/15/21(b)

    220       235,083  

Series E, 5.00%, 11/15/38

    4,000       4,098,640  

Metropolitan Transportation Authority, Refunding RB:

   

Green Bonds, Series A-1, 5.25%, 11/15/56

    750       777,848  

Series D, 5.25%, 11/15/21(b)

    780       833,477  

Series D, 5.25%, 11/15/23(b)

    910       1,047,929  

Series F, 5.00%, 11/15/30

    2,000       2,018,660  

Series F, 5.00%, 11/15/35

    500       516,795  
Security   Par
(000)
    Value  

Transportation (continued)

   

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

  $ 2,695     $ 2,850,016  

New York Transportation Development Corp., ARB, LaGuardia Airport Terminal B Redevelopment Project, Series A, AMT:

   

5.00%, 07/01/41

    1,040       1,060,800  

5.00%, 07/01/46

    895       905,472  

5.25%, 01/01/50

    5,625       5,734,687  

(AGM), 4.00%, 07/01/41

    800       815,632  

Port Authority of New York & New Jersey, ARB, AMT:

   

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

    1,655       1,671,616  

JFK International Air Terminal LLC, Special Project, Series 6 (NPFGC), 5.75%, 12/01/22

    3,800       3,919,016  

Special Project, JFK International Air Terminal LLC, Series 8, 6.00%, 12/01/42

    1,000       1,006,060  

Port Authority of New York & New Jersey, Refunding ARB:

   

178th Series, AMT, 5.00%, 12/01/33

    750       816,720  

179th Series, 5.00%, 12/01/38

    575       622,610  

195th Series, AMT, 5.00%, 04/01/36

    750       834,345  

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

    640       646,522  

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

    500       529,075  

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

    920       1,005,431  

State of New York Thruway Authority, Refunding RB:

   

2nd General Highway & Bridge Trust, Series A, 5.00%, 04/01/32

    2,500       2,672,775  

General, Series I, 5.00%, 01/01/22(b)

    1,760       1,885,118  

General, Series I, 5.00%, 01/01/22(b)

    280       299,622  

General, Series J, 5.00%, 01/01/41

    2,000       2,157,140  

General, Series K, 5.00%, 01/01/32

    2,575       2,857,683  

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

    675       691,828  
 

 

 

          5  


Schedule of Investments  (unaudited) (continued)

April 30, 2020

  

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)
    Value  

Transportation (continued)

   

Triborough Bridge & Tunnel Authority, RB:

   

Series A, 5.00%, 11/15/42

  $ 1,000     $ 1,146,110  

Series B, 5.00%, 11/15/40

    350       392,665  

Series B, 5.00%, 11/15/45

    310       345,256  

Triborough Bridge & Tunnel Authority, Refunding RB:

   

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

    1,700       1,200,625  

General, Series A, 5.25%, 11/15/45

    590       660,771  

General, Series A, 5.00%, 11/15/50

    500       549,480  

Series B, 5.00%, 11/15/38

    515       593,115  
   

 

 

 
    48,631,403  

Utilities — 10.7%

   

City of New York Municipal Water & Sewer System, Refunding RB:

   

Series AA, 4.00%, 06/15/40

    1,825       2,011,643  

Water & Sewer System, 2nd General Resolution, Fiscal 2011, Series BB, 5.00%, 06/15/31

    1,000       1,004,500  

Water & Sewer System, 2nd General Resolution, Fiscal 2015, Series HH, 5.00%, 06/15/39

    1,000       1,131,820  

Long Island Power Authority, RB:

   

5.00%, 09/01/38

    2,750       3,194,207  

General, 5.00%, 09/01/47

    490       552,352  

General, Electric Systems, 5.00%, 09/01/36

    340       392,782  

General, Electric Systems, Series A (AGM), 5.00%, 05/01/21(b)

    500       520,995  

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

    2,000       2,559,480  

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

    250       277,798  

State of New York Environmental Facilities Corp., RB, Subordinated SRF Bonds, Series B, 5.00%, 06/15/48

    930       1,100,190  

State of New York Environmental Facilities Corp., Refunding RB, Revolving Funds, New York City Municipal Water, Series B,
5.00%, 06/15/36

    350       364,627  

State of New York Power Authority, Refunding RB, Series A, 4.00%, 11/15/60(d)

    3,750       3,954,037  
Security   Par
(000)
    Value  

Utilities (continued)

   

Utility Debt Securitization Authority, Refunding RB, Restructuring, Series E, 5.00%, 12/15/41

  $ 2,000     $ 2,207,820  
   

 

 

 
      19,272,251  
   

 

 

 

Total Municipal Bonds in New York

 

    235,939,097  

Puerto Rico — 5.7%

 

State — 3.5%  

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

   

Series A-1, 4.75%, 07/01/53

    989       890,921  

Series A-1, 5.00%, 07/01/58

    4,290       4,006,946  

Series A-2, 4.33%, 07/01/40

    618       551,936  

Series A-2, 4.78%, 07/01/58

    1,045       940,698  
   

 

 

 
    6,390,501  

Tobacco — 0.6%

   

Children’s Trust Fund, Refunding RB, Tobacco Settlement Asset-Backed Bonds,
5.63%, 05/15/43

    985       970,324  
   

 

 

 

Utilities — 1.6%

   

Commonwealth of Puerto Rico Aqueduct & Sewer Authority, RB, Senior Lien, Series A:

   

5.00%, 07/01/33

    1,545       1,467,518  

5.13%, 07/01/37

    445       420,165  

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

    1,020       1,011,554  
   

 

 

 
      2,899,237  
   

 

 

 

Total Municipal Bonds in Puerto Rico

 

    10,260,062  
   

 

 

 

Total Municipal Bonds — 136.2%
(Cost — $238,560,811)

 

    246,199,159  
   

 

 

 

Municipal Bonds Transferred to Tender Option Bond Trusts(e)

 

New York — 36.2%

 

County/City/Special District/School District — 6.4%  

City of New York, GO:

   

Sub-Series I-1, 5.00%, 03/01/36

    1,500       1,665,090  

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

    2,850       3,283,228  
 

 

 

6        


Schedule of Investments  (unaudited) (continued)

April 30, 2020

  

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

Security   Par
(000)
    Value  
County/City/Special District/School District (continued)  

City of New York Transitional Finance Authority, RB, Future Tax Secured:

   

Sub-Series D-1, 5.00%, 11/01/38

  $ 825     $ 859,444  

Sub-Series F-1, 5.00%, 05/01/38

    1,424       1,642,525  

Hudson Yards Infrastructure Corp., RB, Senior-Fiscal 2012:

   

5.75%, 02/15/21(b)(f)

    774       801,121  

5.75%, 02/15/47

    476       492,825  

New York Liberty Development Corp., Refunding RB, 7 World Trade Center Project, Class 1, 5.00%, 09/15/40

    2,610       2,780,877  
   

 

 

 
    11,525,110  

Education — 2.1%

   

City of New York Trust for Cultural Resources, Refunding RB, Wildlife Conservation Society, Series A, 5.00%, 08/01/33

    3,527       3,860,243  
   

 

 

 

Housing — 1.7%

   

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

    2,830       3,028,694  
   

 

 

 

State — 3.5%

   

Sales Tax Asset Receivable Corp., Refunding RB, Fiscal 2015, Series A:

   

5.00%, 10/15/31

    750       863,678  

4.00%, 10/15/32

    1,000       1,096,910  

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

    1,500       1,540,470  

State of New York Dormitory Authority, Refunding RB, Bid Group 4, Series C, 5.00%, 03/15/39

    1,000       1,173,430  

State of New York Urban Development Corp., RB, State Personal Income Tax, General Purpose, Series A, 4.00%, 03/15/47

    1,497       1,608,622  
   

 

 

 
    6,283,110  

Transportation — 11.7%

   

New York Liberty Development Corp., ARB, 1 World Trade Center Port Authority Consolidated Bonds, 5.25%, 12/15/43

    6,495       6,810,791  
Security   Par
(000)
    Value  
Transportation (continued)            

Port Authority of New York & New Jersey, Refunding ARB:

   

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

  $ 1,500     $ 1,562,895  

Consolidated, Series 210th, 5.00%, 09/01/48

    1,900       2,159,521  

Series194th, 5.25%, 10/15/55

    1,455       1,603,614  

State of New York Thruway Authority, Refunding RB:

   

Subordinate, Series B, 4.00%, 01/01/45(f)

    5,998       6,182,850  

Transportation, Personal Income Tax, Series A, 5.00%, 03/15/31

    1,180       1,233,831  

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

    1,500       1,682,865  
   

 

 

 
    21,236,367  

Utilities — 10.8%

   

City of New York Municipal Water & Sewer System, Refunding RB, Water & Sewer System, 2nd General Resolution:

   

Fiscal 2011, Series HH, 5.00%, 06/15/32

    5,310       5,497,655  

Fiscal 2012, Series BB, 5.00%, 06/15/44

    3,511       3,693,972  

Utility Debt Securitization Authority, Refunding RB:

   

5.00%, 12/15/41

    6,868       7,581,574  

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

    2,000       2,344,700  

Restructuring, Series B, 4.00%, 12/15/35

    370       406,164  
   

 

 

 
      19,524,065  
   

 

 

 

Total Municipal Bonds Transferred to Tender Option Bond Trusts — 36.2%
(Cost — $62,969,087)

 

    65,457,589  
   

 

 

 

Total Long-Term Investments — 172.4%
(Cost — $301,529,898)

 

    311,656,748  
   

 

 

 
 

 

 

          7  


Schedule of Investments  (unaudited) (continued)

April 30, 2020

  

BlackRock New York Municipal Income Trust (BNY)

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Short-Term Securities — 0.1%            

BlackRock Liquidity Funds New York Money Fund Portfolio, 0.02%(g)(h)

    105,970     $ 105,970  
   

 

 

 

Total Short-Term Securities — 0.1%
(Cost — $105,970)

      105,970  
   

 

 

 
          Value  

Total Investments — 172.5%
(Cost — $301,635,868)

  $ 311,762,718  

Other Assets Less Liabilities — 0.5%

    916,733  

Liability for TOB Trust Certificates, Including Interest Expense and Fees Payable — (20.7)%

    (37,485,812

VMTP Shares, at Liquidation Value, Net of Deferred Offering Costs — (52.3)%

    (94,500,000
   

 

 

 

Net Assets Applicable to Common Shares — 100.0%

  $ 180,693,639  
   

 

 

 
 
(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) 

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.

(c) 

Zero-coupon bond.

(d) 

When-issued security.

(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 08/15/2020 to 01/01/2028 is $6,293,458.

(g) 

Annualized 7-day yield as of period end.

(h)

Investments in issuers considered to be an affiliate/affiliates of the Trust for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

 

Affiliated Issuer    Shares
Held at
07/31/19
     Shares
Purchased
     Shares
Sold
     Shares
Held at
04/30/20
     Value at
04/30/20
    
Income
     Net Realized
Gain (Loss) 
(a)
     Change in
Unrealized
Appreciation
(Depreciation)
 

BlackRock Liquidity Funds New York Money Fund Portfolio

     4,949,042               (4,843,072 )(b)       105,970      $ 105,970      $ 6,864      $ (106    $  
              

 

 

    

 

 

    

 

 

    

 

 

 

 

  (a) 

Includes net capital gain distributions, if applicable.

 
  (b)

Represents net shares purchased/sold.

 

Portfolio Abbreviations

 

AGC — Assured Guarantee Corp.
AGM — Assured Guaranty Municipal Corp.
AMT — Alternative Minimum Tax (subject to)
ARB — Airport Revenue Bonds
GO — General Obligation Bonds
HFA — Housing Finance Agency
M/F — Multi-Family
NPFGC — National Public Finance Guarantee Corp.
RB — Revenue Bonds
S/F — Single-Family

 

 

8        


Schedule of Investments  (unaudited) (continued)

April 30, 2020

  

BlackRock New York Municipal Income Trust (BNY)

 

Fair Value Hierarchy as of Period End

Various inputs are used in determining the fair value of investments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

 

   

Level 1 — Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that the Trust has the ability to access

 

   

Level 2 — Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs)

 

   

Level 3 — Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the BlackRock Global Valuation Methodologies Committee’s (the “Global Valuation Committee’s”) assumptions used in determining the fair value of investments)

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 investments is based on the pricing transparency of the investments 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 investments, refer to the Trust’s most recent financial statements as contained in its semi-annual report.

The following tables summarize the Trust’s investments categorized in the disclosure hierarchy:

 

      Level 1        Level 2        Level 3        Total  

Assets:

 

Investments:

 

Long-Term Investments(a)

   $        $ 311,656,748        $        $ 311,656,748  

Short-Term Securities

     105,970                            105,970  
  

 

 

      

 

 

      

 

 

      

 

 

 
   $ 105,970        $ 311,656,748        $             —        $ 311,762,718  
  

 

 

      

 

 

      

 

 

      

 

 

 

 

  (a) 

See above Schedule of Investments for values in each sector.

 

The Trust may hold assets and/or liabilities in which the fair value approximates the carrying amount for financial reporting purposes. As of period end, such assets and/or liabilities are categorized within the disclosure hierarchy as follows:

 

      Level 1        Level 2        Level 3        Total  

Liabilities:

 

TOB Trust Certificates

   $        $ (37,330,369      $        $ (37,330,369

VMTP Shares at Liquidation Value

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

 

 

      

 

 

      

 

 

      

 

 

 
   $             —        $ (131,830,369      $             —        $ (131,830,369
  

 

 

      

 

 

      

 

 

      

 

 

 

 

 

          9