BSE - Arbitrate Opportunity In BlackRock New York Muni CEF Reorganization February, 22 2021 12:05 PM Blackrock New York Municipal Income Quality Trust of Beneficial Interest BlackRock is consolidating its New York muni CEFs. The mergers are expected to close at the start of 2021 Q2. Buying BFY and BSE instead of BNY offers 3.5% alpha potential over a short holding time period. For further details see: Arbitrate Opportunity In BlackRock New York Muni CEF Reorganization