BlackRock New York Municipal Income TrustBNY
Market Cap: $260M
About: Blackrock NY Municipal Income Tr has an investment objective to provide current income exempt from regular U.S. federal income tax and New York State and New York City personal income taxes. The Trust seeks to achieve its investment objective by investing primarily in municipal bonds exempt from U.S. federal income taxes and New York State and New York City personal income taxes.
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
2% more capital invested
Capital invested by funds: $64.5M [Q1] → $65.7M (+$1.26M) [Q2]
0.72% more ownership
Funds ownership: 24.71% [Q1] → 25.42% (+0.72%) [Q2]
8% less funds holding
Funds holding: 51 [Q1] → 47 (-4) [Q2]
17% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 18
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Research analyst outlook
We haven’t received any recent analyst ratings for BNY.