BlackRock New York Municipal Income Trust. Stock Analysis BNY

BlackRock New York Municipal Income Trust is a US-based company operating in industry. The company is headquartered in Wilmington, Delaware. The company went IPO on 2001-07-26. BlackRock New York Municipal Income Trust (the Fund) is a closed-end management investment company. The Fund’s investment objective is to provide current income exempt from the United States federal income tax and New York State and New York City personal income taxes. The Fund seeks to achieve its investment objective by investing primarily in municipal bonds exempt from the United States federal income taxes (except that the interest may be subject to the federal alternative minimum tax) and New York State and New York City personal income taxes. The Fund invests at least 80% of its assets in municipal bonds that are investment-grade quality at the time of investment. The Fund may invest directly in securities or synthetically through the use of derivatives. The company invests in various sectors, including transportation, county/city/special district/school district, utilities, state, education, housing, health, corporate, and tobacco. Its investment adviser is BlackRock Advisors, LLC.