BNY News and Press, BlackRock New York Municipal Income Trust From 05/11/20

Quick Take ADC Therapeutics ( ADCT ) intends to raise $125 million from the sale of its common stock, per an amended registration statement . The company is advancing a pipeline of drug candidates for the treatment of blood cancers and solid tumors. ADCT is making a new attempt to go pu...

(This report was published on April 29 to members of Yield Hunting. All data herein is from that date except the commentary in the update near the end.) Both Blackrock and Nuveen have reported their UNII and coverage data for March. The data is a bit different as the Nuveen muni CEFs sho...

BlackRock New York Municipal Income Trust (NYSE: BNY ) declares $0.048/share monthly dividend , in line with previous. Forward yield 4.59% Payable June 1; for shareholders of record May 15; ex-div May 14. See BNY Dividend Scorecard, Yield Chart, & Dividend Growth. More news...

New York Governor Andrew Cuomo says a "regional control room" will be needed to keep track of COVID-19 infections in order to re-open New York's businesses. More news on: Nuveen New York AMT-Free Municipal Income Fund, BlackRock New York Municipal Income Trust, Nuveen New York Dividend Adv...

Speaking to reporters at the White House, President Trump said any aid to states should be related to its COVID-19 costs, not for mismanagement of states' budgets. More news on: Nuveen California Quality Municipal Income Fund, PIMCO California Municipal Income Fund III, Pimco California Mu...

While some officials have floated the idea of starting to re-open the economy around May, that won't including the Northeast states, which are currently the U.S. epicenter of the coravirus pandemic. More news on: Nuveen New York AMT-Free Municipal Income Fund, BlackRock New York Municipal ...

Warren Buffett is famous for deploying Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) capital into excellent long-term investment opportunities during tough times. However, to the surprise of many investors, the Oracle of Omaha has been extremely quiet so far. That's not to say that B...

Author's note : This article was released to CEF/ETF Income Laboratory members on March 30, 2020, and includes a rare reposting of our weekly commentary and actionable ideas. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements...

The state of New York's GO rating is affirmed by Moody's at Aa1 while its outlook is revised to negative from stable. More news on: Nuveen New York AMT-Free Municipal Income Fund, BlackRock New York Municipal Income Trust, Nuveen New York Dividend Advantage Municipal Fund, Read more ...

Author's note : This article was released to members on March 24, 2020, and includes a rare reposting of our weekly commentary and actionable ideas. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund se...