BFY News and Press, BlackRock New York Municipal Income Trust II

- Company sees significant growth from NY metro area; sales of Bellissima Prosecco and Sparkling Wines in NY increased 73% by volume and increased its distribution points by over 250% - Bellissima Prosecco and Sparkling Wines are available in five expressions: Be...

Interest rate volatility prompted another month of negative total returns. Below-average issuance was counterbalanced by a slowdown in demand. November could provide opportunities ahead of seasonal strength in December and January. For further details see: Muni Seasonal ...

Rising interest rates drove negative total returns. Supply and demand dynamics turned less seasonally favorable and acted as a headwind. More attractive valuations could provide near-term opportunity. For further details see: Munis Remained Tethered To Rates In September...

Modestly negative performance in August capped a robust summer seasonal period. Issuance exceeded expectations, resulting in less of a supply/demand imbalance than is typical. We maintain a defensive posture into the historically less favorable month of September. For furthe...

Last year, we were looking at distribution changes due to the COVID pandemic sell-off. CEFs distribute out most of their earnings as distributions, so they pay relatively higher yields. However, relatively higher yields mean that any downturn is likely to cause distribution cuts. ...

Rallying interest rates drove strong muni bond performance in July. Market dynamics remained seasonally favorable, with demand for munis broadly outpacing supply. A more defensive posture may be warranted ahead of elevated risks in the fall. For further details see: Muni...

BlackRock Advisors, LLC today announced that the reorganizations of each of BlackRock New York Municipal Income Quality Trust (“BSE”, CUSIP: 09249U105) and BlackRock New York Municipal Income Trust II (“BFY”, CUSIP: 09249R102), with and into BlackRock New Yor...

BlackRock New York Municipal Income Trust II (BFY) declares $0.1599160/share special dividend.Payable May 3; for shareholders of record April 8; ex-div April 7.See BFY Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: BlackRock New York Municipal Income Tr...

BlackRock Advisors, LLC today announced the declaration of a special distribution for BlackRock New York Municipal Income Quality Trust (NYSE: BSE), BlackRock New York Municipal Income Trust II (NYSE: BFY), and BlackRock New York Municipal Income Trust (NYSE: BNY and collectively with B...

BlackRock New York Municipal Income Trust II (BFY) declares $0.06/share monthly dividend, in line with previous.Forward yield 4.82%Payable April 1; for shareholders of record March 15; ex-div March 12.See BFY Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: ...