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Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
3.43% -11.69% 364.71M 41028.80
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
4.55% 43.00% -- Upgrade

Basic Info

Investment Strategy
The investment objective of the fund is to provide shareholders with current income exempt from federal income tax and New York State and New York City personal income taxes. It intends to invest in investment grade municipal obligations, with at least 80% of its assets in New York Municipal Bonds with remaining maturities of one year or more that are covered by insurance guarenteeing the timely payment of principal at maturity and interest.The Trust invests at least 65% of its assets in New York Municipal Bonds.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Municipal Bond
Broad Category Fixed Income
Category Name Muni New York Long
Category Index Bloomberg Municipal New York Exempt TR
Global Category Name US Municipal Fixed Income
YCharts Categorization US Municipal Bond
YCharts Benchmark Bloomberg Municipal Bond (^BBMBTR)
Prospectus Objective Municipal Bond - Single State
Fund Owner Firm Name BlackRock
Prospectus Benchmark Index
Bloomberg Municipal Bond TR USD 100.0%
Broad Asset Class Benchmark Index
^BBMBTR 100.0%
Manager Tenure
Walter O'Connor 17.59 yrs
Christian Romaglino 2.11 yrs
Kevin Maloney 1.17 yrs
Kristi Manidis 1.17 yrs
Michael Kalinoski 1.17 yrs
Phillip Soccio 1.17 yrs

Performance Versus Category

 
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5%
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View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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As of May 09, 2024. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2017
2018
2019
2020
2021
2022
2023
YTD
4.94%
-6.33%
18.49%
8.19%
5.96%
-24.51%
6.64%
3.45%
5.45%
1.28%
7.54%
5.21%
1.52%
-8.53%
6.40%
-0.53%
7.90%
-10.49%
19.20%
8.77%
6.39%
-28.49%
8.70%
3.92%
6.95%
-6.70%
18.32%
6.01%
10.82%
-27.02%
9.78%
2.76%
4.12%
4.51%
13.72%
-1.64%
1.85%
-13.41%
4.28%
1.02%
5.32%
-6.37%
14.46%
6.07%
2.94%
-22.76%
11.33%
2.48%
As of May 09, 2024.

Asset Allocation

As of December 31, 2023.
Type % Net % Long % Short
Cash 3.77% Upgrade Upgrade
Stock 0.00% Upgrade Upgrade
Bond 96.23% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Basic Info

Investment Strategy
The investment objective of the fund is to provide shareholders with current income exempt from federal income tax and New York State and New York City personal income taxes. It intends to invest in investment grade municipal obligations, with at least 80% of its assets in New York Municipal Bonds with remaining maturities of one year or more that are covered by insurance guarenteeing the timely payment of principal at maturity and interest.The Trust invests at least 65% of its assets in New York Municipal Bonds.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Municipal Bond
Broad Category Fixed Income
Category Name Muni New York Long
Category Index Bloomberg Municipal New York Exempt TR
Global Category Name US Municipal Fixed Income
YCharts Categorization US Municipal Bond
YCharts Benchmark Bloomberg Municipal Bond (^BBMBTR)
Prospectus Objective Municipal Bond - Single State
Fund Owner Firm Name BlackRock
Prospectus Benchmark Index
Bloomberg Municipal Bond TR USD 100.0%
Broad Asset Class Benchmark Index
^BBMBTR 100.0%
Manager Tenure
Walter O'Connor 17.59 yrs
Christian Romaglino 2.11 yrs
Kevin Maloney 1.17 yrs
Kristi Manidis 1.17 yrs
Michael Kalinoski 1.17 yrs
Phillip Soccio 1.17 yrs

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