Streetbeat News

BNY

BlackRock New York Municipal Income Trust

https://www.blackrock.com/investing/products/240237/blackrock-new-york-municipal-income-trust-usd-fund

Industry

Asset Management - Income

BlackRock New York Municipal Income Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in the investment grade municipal bonds exempt from federal income taxes and New York State and New York City personal income taxes. BlackRock New York Municipal Income Trust was formed on July 26, 2001 and is domiciled in United States.

Open

10.64

Mkt cap

252M

Volume

101K

High

10.64

P/E Ratio

22.23

52-wk high

11.10

Low

10.44

Div yield

0.05

52-wk low

10.16

BNY Mellon High Yield Strategies Fund (NYSE: DHF) has declared a monthly cash dividend of $0.0175 per share, consistent with the previous month. The dividend is payable on January 13, 2025, with a record date of December 27, 2024.

Portfolio Pulse from

December 12, 2024 | 9:30 pm

The Bank of New York Mellon Corporation (BNY) has appointed Rajashree Datta as Deputy Chief Risk Officer, effective December 15, 2024. She will also join BNY's Executive Committee.

Portfolio Pulse from

December 05, 2024 | 4:00 pm

BNY Mellon has entered into a five-year agreement with the Fiscal Service to manage the Direct Express prepaid debit card program, aligning with its revenue growth strategy.

Portfolio Pulse from

November 25, 2024 | 3:00 pm

The Bank of New York Mellon Corporation (BNY) has been chosen by the U.S. Department of the Treasury's Bureau of the Fiscal Service to manage the Direct Express® prepaid debit card program. This 5-year agreement will start on January 3, 2025.

Portfolio Pulse from

November 21, 2024 | 4:30 pm

The Bank of New York Mellon Corporation (BNY) will release its fourth quarter 2024 financial results on January 15, 2025. The results will be available on BNY's website at 6:30 a.m.

Portfolio Pulse from

November 15, 2024 | 1:45 pm

BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. announced the final results of its quarterly tender offer, which was oversubscribed. The fund will purchase shares from all tendering shareholders.

Portfolio Pulse from

November 14, 2024 | 9:00 pm

The Bank of New York Mellon Corporation (BNY) announced the redemption of its 5.224% Fixed Rate / Floating Rate Callable Senior Bank Notes due 2025, with a total principal amount of $750 million.

Portfolio Pulse from

November 13, 2024 | 1:45 pm

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE: DCF) announced its plan to liquidate on or about November 25, 2024. The Fund will deviate from its stated investment strategy as it prepares for liquidation.

Portfolio Pulse from

November 12, 2024 | 10:00 pm

BNY Mellon's CEO, Robin Vince, will speak at the Goldman Sachs Financial Services Conference on December 11, 2024. This event may provide insights into BNY's strategic direction and financial outlook.

Portfolio Pulse from

November 07, 2024 | 1:45 pm

The third-quarter earnings season for U.S. banks is set to begin, with major institutions like JPMorgan Chase, Wells Fargo, and Bank of New York Mellon reporting results. Analysts are optimistic about the banking sector, expecting rate cuts and capital returns. Top stock picks include Citigroup, Morgan Stanley, and Truist.

Portfolio Pulse from Piero Cingari

October 09, 2024 | 4:30 pm

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