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Upturn AI SWOT - About
BlackRock New York Municipal Income Trust (BNY)
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Upturn Advisory Summary
08/28/2025: BNY (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit 0.55% | Avg. Invested days 46 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/28/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 231.52M USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 0.66 | 52 Weeks Range 9.40 - 10.61 | Updated Date 06/29/2025 |
52 Weeks Range 9.40 - 10.61 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 6.38% | Basic EPS (TTM) - |
Earnings Date
Report Date 2025-06-17 | When After Market | Estimate - | Actual - |
Profitability
Profit Margin 0.11% | Operating Margin (TTM) 82.72% |
Management Effectiveness
Return on Assets (TTM) 2.23% | Return on Equity (TTM) 0.01% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 397627456 | Price to Sales(TTM) 11.44 |
Enterprise Value 397627456 | Price to Sales(TTM) 11.44 | ||
Enterprise Value to Revenue 264.76 | Enterprise Value to EBITDA - | Shares Outstanding 24117100 | Shares Floating - |
Shares Outstanding 24117100 | Shares Floating - | ||
Percent Insiders - | Percent Institutions 25.11 |
Upturn AI SWOT
BlackRock New York Municipal Income Trust
Company Overview
History and Background
BlackRock New York Municipal Income Trust (BNY) was founded to provide current income exempt from federal and New York State income taxes. It has operated as a closed-end fund, focusing on municipal securities.
Core Business Areas
- Municipal Securities Investment: Investing in a portfolio of municipal securities, primarily those exempt from federal and New York State income taxes, to generate current income.
Leadership and Structure
The fund is managed by BlackRock Advisors, LLC. Leadership typically includes portfolio managers and investment professionals specializing in municipal bonds. As a closed-end fund, it does not have a traditional corporate structure.
Top Products and Market Share
Key Offerings
- Tax-Exempt Municipal Bonds: BNY invests primarily in investment-grade municipal bonds that are exempt from federal and New York state income taxes. Market share is difficult to pinpoint exactly for a specific closed-end fund; competes with other municipal bond funds and individual bonds. Competitors include Nuveen and Eaton Vance Municipal Bond Funds.
Market Dynamics
Industry Overview
The municipal bond market is influenced by interest rates, tax policies, and the financial health of state and local governments. Demand for tax-exempt income drives investment.
Positioning
BNY is positioned as a provider of tax-exempt income for New York state residents. Competitive advantages include BlackRock's expertise in fixed-income management and scale.
Total Addressable Market (TAM)
The total municipal bond market is in the trillions. BNY is positioned to capture a share of this market by offering a tax-advantaged investment vehicle.
Upturn SWOT Analysis
Strengths
- Experienced management team (BlackRock)
- Tax-exempt income for NY residents
- Diversified portfolio of municipal bonds
- Established track record
Weaknesses
- Sensitivity to interest rate changes
- Limited capital appreciation potential
- Management fees impact returns
- Discount to NAV can fluctuate
Opportunities
- Increased demand for tax-exempt income in a rising tax environment
- Potential for NAV appreciation in a favorable interest rate environment
- Expansion into other municipal bond sectors
- Increased focus on ESG factors in municipal bond investing
Threats
- Rising interest rates
- Changes in tax laws
- Credit risk of municipal issuers
- Increased competition from other tax-advantaged investments
Competitors and Market Share
Key Competitors
- Nuveen AMT-Free Quality Municipal Income Fund (NEA)
- Eaton Vance Municipal Bond Fund (EIM)
- PIMCO Municipal Income Fund (PMF)
Competitive Landscape
BNY competes with other closed-end municipal bond funds, open-end municipal bond funds, and individual municipal bonds. Competition is based on yield, risk profile, and management expertise.
Growth Trajectory and Initiatives
Historical Growth: Growth is primarily driven by market performance and the fund's ability to generate income. Net asset value fluctuates.
Future Projections: Future projections depend on the outlook for the municipal bond market and interest rates. Analyst estimates vary.
Recent Initiatives: Recent initiatives may include adjusting the portfolio allocation to optimize income and manage risk.
Summary
BlackRock New York Municipal Income Trust provides tax-exempt income for New York residents. Its strength lies in its experienced management and established track record, but faces challenges from rising interest rates and potential changes in tax laws. The fund should continue to focus on risk management and adapting to market conditions. BNY's future performance is largely dependent on the overall health and performance of the municipal bond market.
Peer Comparison
Sources and Disclaimers
Data Sources:
- BlackRock official website
- SEC filings
- Financial news sources (e.g., Bloomberg, Reuters)
- Morningstar
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor. Market data is subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About BlackRock New York Municipal Income Trust
Exchange NYSE | Headquaters New York, NY, United States | ||
IPO Launch date 2001-07-27 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | |
Full time employees - | |||
BlackRock New York Municipal Income Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in the investment grade municipal bonds exempt from federal income taxes and New York State and New York City personal income taxes. BlackRock New York Municipal Income Trust was formed on July 26, 2001 and is domiciled in United States.
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