BNY News and Press, BlackRock New York Municipal Income Trust From 10/22/20

Stimulus talks continue as the two parties try to hash out a deal before the elections.  That deal before November is becoming more elusive. The September payrolls report showed that 661K jobs were added in the month, which was below expectations of 850K.  Unemployment rate ...

Twenty out of 23 CEF sectors positive on price and 18 out of 23 sectors positive on NAV last week. MLPs rally! RIV offering is now live, with a subscription floor of -5% discount. XFLT increases its distribution by +22%, restoring it to pre COVID-19 levels. For further detai...

Big banks will lead off the Q3 earnings season next week with investors likely to see more surprises than normal due to the uncertainty of forecasting numbers amid a pandemic. Of note, the 12 largest U.S. banks are all forecast to report a profit. Overall, Q3 profit for S&P 500 companies ...

BlackRock New York Municipal Income Trust (BNY) declares $0.0565/share monthly dividend, 13% increase from prior dividend of $0.0500.Forward yield 4.99%Payable Nov. 2; for shareholders of record Oct. 15; ex-div Oct. 14.See BNY Dividend Scorecard, Yield Chart, & Dividend Growth. For furt...

BlackRock Advisors, LLC announced today that the Boards of Directors/Trustees of sixty two BlackRock municipal, taxable fixed-income, and equity closed-end funds (the “Funds”) have authorized the renewal of open market share repurchase programs (the “Repurchase Prog...

Author's note: This article was released to CEF/ETF Income Laboratory members on August 25, 2020. Please check latest data before investing. 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 [CEF] sectors i...

Author's note: This article was released to CEF/ETF Income Laboratory members on August 11, 2020. Please check latest data before investing. 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 [CEF] sectors i...

Adam Smith (1723-1790) was not who you think he was. I'm talking about the original Adam Smith who wrote The Wealth of Nations (1776) and spent most of his life in Edinburgh, Scotland. The more recent "Adam Smith" - nom de plume of the late George Goodman who wrote The Money Game (1967) - ...

Author's note: this article was released to members of CEF/ETF Income Laboratory on June 28, 2020. Please check latest data before investing. 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 [CEF] sectors ...

Note: A modified version of this article was released to CEF/ETF Income Laboratory members on June 28, 2020, and data are from that date. Please check latest data before investing. BlackRock announced a slate of muni bond CEF reorganizations last month, due to be completed " in or before t...