SCHEDULE: Karpus Management Discloses 6.86% Stake in BlackRock NY Muni Trust

Karpus Management, Inc. has reported a 6.86% beneficial ownership stake in BlackRock New York Municipal Income Trust as of December 31, 2025.

Summary

• Karpus Management, Inc., operating as Karpus Investment Management, has filed a Schedule 13G.
• The filing indicates beneficial ownership of 1,653,365 shares of Common stock in BlackRock New York Municipal Income Trust.
• This ownership represents 6.86% of the total class of securities.
• Karpus Management, Inc. holds sole voting power and sole dispositive power over all 1,653,365 shares.
• The shares were acquired and are held in the ordinary course of business, without the purpose or effect of changing or influencing control of the issuer.
• Karpus is a registered investment adviser, controlled by City of London Investment Group plc (CLIG), but maintains effective informational barriers ensuring independent exercise of voting and investment power.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine disclosure of beneficial ownership by an investment adviser, with no immediate positive or negative implications for the issuer beyond transparency.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that Schedule 13G filings are routine disclosures by institutional investors who acquire more than 5% of a company's stock, indicating a passive investment intent. This filing reflects Karpus Management's significant position in a municipal income trust, a common strategy for income-focused portfolios.

Stakeholder Impact

• Increased transparency for shareholders regarding significant institutional ownership.
• No direct operational impact on employees, customers, suppliers, or creditors is indicated by this ownership disclosure.

Key Dates

Keywords

Karpus Management, BlackRock New York Municipal Income Trust, Schedule 13G, Beneficial Ownership, Investment Adviser, Municipal Income Trust, Common Stock, SEC Filing