Blackrock New York Municipal Income Trust

Market Movers (8-K)

NYSE
BlackRock New York Municipal Income Trust and Saba Capital Management have entered into a standstill agreement, resolving a shareholder proposal and setting the stage for cooperation until 2027.

Insider Trading (Form 4)

NYSE
Director Robert Glenn Hubbard exchanged shares of BlackRock New York Municipal Income Trust for shares of BlackRock MuniYield New York Quality Fund due to a fund reorganization.
NYSE
BlackRock announces a series of proposed mergers among its closed-end municipal bond funds, including BlackRock MuniYield New York Quality Fund, Inc., requiring shareholder vote.
NYSE
BlackRock Advisors, LLC announced that the Boards of Directors/Trustees of several closed-end funds have approved a series of reorganizations and mergers aimed at delivering significant scale benefits to municipal CEF shareholders.
NYSE
Bank of America Corp. and its subsidiaries reported a series of transactions involving common stock and equity swaps of BlackRock New York Municipal Income Trust.
NYSE
Bank of America Corporation and its subsidiary, Banc of America Preferred Funding Corp, disposed of 1,794 Variable Rate Demand Preferred Shares of BlackRock New York Municipal Income Trust due to an automatic tender.

Proxy Statements (Def-14A)

NYSE
BlackRock New York Municipal Income Trust is urging shareholders to contact its service provider, Georgeson LLC, regarding an important matter before an upcoming meeting.
NYSE
BlackRock New York Municipal Income Trust urges shareholders to vote on a proposed fund combination expected to increase after-tax yield and reduce expenses.
Delay expected
NYSE
BlackRock New York Municipal Income Trust and related funds have revised the voting requirements for proposed mergers involving the issuance of acquiring fund common shares.
Capital raise
NYSE
BlackRock New York Municipal Income Trust is urging shareholders to contact its solicitor, Georgeson LLC, regarding an important investment matter before October 15, 2025.
NYSE
BlackRock seeks shareholder approval to combine three municipal income funds, aiming for lower expenses and enhanced trading.
NYSE
BlackRock proposes merging two New York municipal bond funds, MHN and BNY, into MYN to achieve economies of scale and operational efficiencies, subject to shareholder approval.
Better than expected
Capital raise

Schedule 13D - Activist Investments

NYSE
Saba Capital Management and its affiliates have reduced their beneficial ownership in BlackRock New York Municipal Income Trust to 4.39% through recent open market sales.
Worse than expected
NYSE
Saba Capital Management and affiliates have reduced their beneficial ownership in BlackRock New York Municipal Income Trust to 5.78% through recent open market sales.
Worse than expected
NYSE
Saba Capital Management, L.P. and its affiliates filed an Amendment No. 9 to their Schedule 13D, disclosing a continued 6.95% beneficial ownership in BlackRock New York Municipal Income Trust and detailing recent open market sales of shares.
NYSE
Saba Capital Management, L.P. and its affiliates filed an Amendment No. 8 to their Schedule 13D, updating their beneficial ownership in BlackRock New York Municipal Income Trust to 8.03% and disclosing recent open market sales of common shares.
NYSE
Saba Capital Management, L.P. has entered into a standstill agreement with BlackRock New York Municipal Income Trust, agreeing to withdraw its shareholder proposal and abide by voting restrictions until at least August 2027.

Schedule 13G - Passive Investments

NYSE
Karpus Management, Inc. has filed an amended Schedule 13G, reporting zero beneficial ownership in BlackRock New York Municipal Income Trust.
Worse than expected
NYSE
Karpus Management, Inc. has reported a 6.86% beneficial ownership stake in BlackRock New York Municipal Income Trust as of December 31, 2025.