BlackRock New York Municipal Income Trust is an investment fund that primarily focuses on generating income through investments in a diversified portfolio of municipal bonds issued by the state of New York and its political subdivisions

The trust seeks to provide shareholders with tax-exempt income, primarily from interest payments on these bonds, while also aiming to preserve capital. The expertise of BlackRock's management team allows for careful selection of high-quality securities, taking advantage of opportunities in the municipal bond market to maximize total return and enhance income for investors.