BlackRock NY Municipal Income Trust (BNY) Cours

To provide current income exempt from regular Federal income tax New York State and New York City income taxes. At least 80% of its total assets will be invested in investment grade municipal bonds or bonds that are unrated but judged to be of comparable quality. Up to 20% may be invested in municip... To provide current income exempt from regular Federal income tax New York State and New York City income taxes. At least 80% of its total assets will be invested in investment grade municipal bonds or bonds that are unrated but judged to be of comparable quality. Up to 20% may be invested in municipal bonds that at the time of investment are rated BaBB or B or bonds that are unrated but judged to be of comparable quality. The Fund intends to invest primarily in longterm bonds with average maturity of 15 years or more. Call options may be sold or purchased on municipal bonds and indices based on the prices of futures contracts and debt securities. The Fund seeks to achieve its investment objective by investing primarily in municipal bonds exempt from U.S. 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. Show more