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Upturn AI SWOT - About
BlackRock New York Municipal Income Trust (BNY)
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Upturn Advisory Summary
09/17/2025: BNY (1-star) has a low Upturn Star Rating. Not recommended to BUY.
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 4.4% | Avg. Invested days 40 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/17/2025 |
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 (BFY) was founded to provide current income exempt from federal income tax and New York State and New York City personal income taxes. It invests primarily in municipal securities.
Core Business Areas
- Municipal Bond Investments: Investment in a portfolio of primarily long-term New York municipal bonds to generate income exempt from federal and specific New York taxes.
Leadership and Structure
BlackRock Fund Advisors serves as the investment advisor. The portfolio is managed by a team of fixed income specialists within BlackRock.
Top Products and Market Share
Key Offerings
- Tax-Exempt Income: BFY focuses on delivering tax-exempt income through investments in New York municipal bonds. It competes with other municipal bond funds and individual bond holdings. Market share data for individual closed-end funds is not typically published, but BFY is a smaller player within BlackRock's overall municipal bond management business. Competitors include Nuveen, Eaton Vance, and other BlackRock municipal bond funds.
Market Dynamics
Industry Overview
The municipal bond market is influenced by interest rates, credit ratings, tax laws, and economic conditions in specific states and municipalities. Demand for tax-exempt income fluctuates based on changes in tax regulations and investor sentiment.
Positioning
BFY is positioned as a specialized fund focused solely on New York municipal bonds, targeting investors seeking geographically focused tax-exempt income. Its competitive advantage lies in BlackRock's established expertise in fixed income management and its research capabilities.
Total Addressable Market (TAM)
The total municipal bond market is trillions of dollars. BFY, being a closed-end fund, constitutes a small percentage of this TAM. Its positioning within the New York-specific segment allows it to cater to a niche market within the larger municipal bond landscape.
Upturn SWOT Analysis
Strengths
- Experienced Management Team (BlackRock)
- Tax-Exempt Income for New York Residents
- Geographic Focus Provides Specialization
Weaknesses
- Concentration Risk (New York)
- Interest Rate Sensitivity
- Closed-End Fund Structure (Potential Discount to NAV)
Opportunities
- Increased Demand for Tax-Exempt Income
- New York Infrastructure Development
- Active Management to Enhance Returns
Threats
- Rising Interest Rates
- New York Economic Downturn
- Changes in Tax Laws
Competitors and Market Share
Key Competitors
- NUV
- EIM
- BBF
Competitive Landscape
BFY competes with other municipal bond funds based on factors such as yield, expense ratio, and investment strategy. BlackRock's brand recognition and management expertise provide a competitive edge.
Growth Trajectory and Initiatives
Historical Growth: BFY's growth is tied to the performance of the New York municipal bond market and its ability to generate consistent tax-exempt income.
Future Projections: Future growth prospects are linked to interest rate movements and the economic health of New York. Analyst estimates are available through financial data providers.
Recent Initiatives: BlackRock actively manages the portfolio to optimize returns and navigate changing market conditions.
Summary
BlackRock New York Municipal Income Trust provides geographically focused tax-exempt income. Its success is tied to the New York municipal bond market and interest rate environment. While the fund benefits from BlackRock's management expertise, its concentration in New York exposes it to regional economic risks. Active management is crucial to navigate the fluctuating market conditions.
Peer Comparison
Sources and Disclaimers
Data Sources:
- BlackRock Website
- SEC Filings
- Yahoo Finance
- Bloomberg
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Market share numbers are difficult to find for individual closed-end funds.
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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