BlackRock New York Municipal Income Trust II
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY
Investment
Company Act file number: 811-21124
Name of Fund: BlackRock New York Municipal Income Trust II (BFY)
Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809
Name
and address of agent for service: John M. Perlowski, Chief Executive Officer, BlackRock New York
Municipal Income Trust II, 55 East 52nd Street, New York, NY 10055
Registrant’s telephone number, including area code: (800) 882-0052, Option 4
Date of fiscal year end: 08/31/2019
Date of reporting period: 11/30/2018
Item 1 – Schedule of Investments
|
|
|
| Schedule of Investments (unaudited)
November 30, 2018 |
|
BlackRock New York Municipal Income Trust II (BFY)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
| Security |
|
Par
(000) |
|
|
Value |
|
| Municipal Bonds — 154.6% |
|
|
| New York — 151.1% |
|
| Corporate — 5.1% |
|
| Build NYC Resource Corp., Refunding RB, Pratt Paper, Inc. Project, AMT, 5.00%, 01/01/35(a) |
|
$ |
140 |
|
|
$ |
147,249 |
|
| City of New York Industrial Development Agency, Refunding RB, Transportation Infrastructure Properties LLC,
Series A, AMT: |
|
|
|
|
|
|
|
|
| 5.00%, 07/01/22 |
|
|
350 |
|
|
|
378,616 |
|
| 5.00%, 07/01/28 |
|
|
330 |
|
|
|
349,107 |
|
| New York Liberty Development Corp., Refunding RB, Goldman Sachs Headquarters, 5.25%, 10/01/35 |
|
|
1,475 |
|
|
|
1,773,820 |
|
| Niagara Area Development Corp., Refunding RB, Covanta Project, Series A, AMT,
4.75%, 11/01/42(a) |
|
|
1,130 |
|
|
|
1,083,196 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3,731,988 |
|
| County/City/Special District/School District — 37% |
|
| City of New York, GO, Refunding: |
|
|
|
|
|
|
|
|
| Series A, 5.00%, 08/01/30 |
|
|
1,700 |
|
|
|
1,916,886 |
|
| 5.50%, 08/01/25 |
|
|
965 |
|
|
|
1,099,270 |
|
| 5.00%, 08/01/30 |
|
|
500 |
|
|
|
548,025 |
|
| City of New York, GO: |
|
|
|
|
|
|
|
|
| Series G-1, 6.25%, 12/15/31 |
|
|
5 |
|
|
|
5,017 |
|
| Sub-Series D-1, Fiscal 2014, 5.00%, 08/01/31 |
|
|
690 |
|
|
|
762,505 |
|
| 5.38%, 04/01/19(b) |
|
|
120 |
|
|
|
121,427 |
|
| 5.38%, 04/01/36 |
|
|
15 |
|
|
|
15,161 |
|
| City of New York, Yankee Stadium Project (NPFGC), Series E, Sub-Series I-1, GOL, Sub-Series D-1(c): |
|
|
|
|
|
|
|
|
| 5.00%, 12/01/43 |
|
|
1,145 |
|
|
|
1,287,255 |
|
| 5.00%, 12/01/44 |
|
|
350 |
|
|
|
393,169 |
|
| City of New York Convention Center Development Corp., RB, CAB, Sub Lien, Hotel Unit Fee,
Series B (AGM),
0.00%, 11/15/55(d) |
|
|
1,000 |
|
|
|
195,980 |
|
| City of New York Convention Center Development Corp., Refunding RB, Hotel Unit Fee Secured: |
|
|
|
|
|
|
|
|
| 5.00%, 11/15/40 |
|
|
1,445 |
|
|
|
1,598,257 |
|
| 5.00%, 11/15/45 |
|
|
2,340 |
|
|
|
2,580,552 |
|
| City of New York Industrial Development Agency, RB, PILOT: |
|
|
|
|
|
|
|
|
| CAB, Yankee Stadium Project, Series A (AGC), 0.00%, 03/01/42(d) |
|
|
1,750 |
|
|
|
648,077 |
|
| CAB, Yankee Stadium Project, Series A (AGC), 0.00%, 03/01/45(d) |
|
|
500 |
|
|
|
158,345 |
|
|
|
|
|
|
|
|
|
|
| Security |
|
Par
(000) |
|
|
Value |
|
| County/City/Special District/School District (continued) |
|
| City of New York Industrial Development Agency, RB, PILOT (continued): |
|
|
|
|
|
|
|
|
| (AMBAC), 5.00%, 01/01/39 |
|
$ |
500 |
|
|
$ |
506,215 |
|
| CAB, Yankee Stadium Project, Series A (AGC), 0.00%, 03/01/35(d) |
|
|
500 |
|
|
|
265,735 |
|
| Queens Baseball Stadium (AGC), 6.38%, 01/01/39 |
|
|
100 |
|
|
|
100,314 |
|
| Queens Baseball Stadium (AMBAC), 5.00%, 01/01/46 |
|
|
400 |
|
|
|
405,328 |
|
| 4.75%, 03/01/46 |
|
|
400 |
|
|
|
400,180 |
|
| 5.00%, 03/01/46 |
|
|
500 |
|
|
|
502,545 |
|
| City of New York Transitional Finance Authority Future Tax Secured, RB: |
|
|
|
|
|
|
|
|
| Fiscal 2012, Sub-Series D-1,
5.00%, 11/01/38 |
|
|
825 |
|
|
|
876,521 |
|
| City of Syracuse New York, GO, Airport Terminal Security & Access, Series A, AMT (AGM),
4.75%, 11/01/31 |
|
|
500 |
|
|
|
520,150 |
|
| Haverstraw-Stony Point Central School District, GO, Refunding, (AGM), 5.00%, 10/15/36 |
|
|
120 |
|
|
|
131,980 |
|
| Hudson Yards Infrastructure Corp., RB, Senior, Fiscal 2012: |
|
|
|
|
|
|
|
|
| 5.75%, 02/15/21(b) |
|
|
960 |
|
|
|
1,038,278 |
|
| 5.75%, 02/15/47 |
|
|
590 |
|
|
|
631,642 |
|
| Hudson Yards Infrastructure Corp., Refunding RB, Fiscal 2017, Series A, 5.00%, 02/15/42 |
|
|
790 |
|
|
|
876,742 |
|
| Hudson Yards Infrastructure Corp., Refunding RB, Series A, 5.00%, 02/15/39 |
|
|
475 |
|
|
|
530,029 |
|
| Metropolitan Transportation Authority Hudson Rail Yards Trust Obligations, Refunding RB, Series A,
5.00%, 11/15/56 |
|
|
1,120 |
|
|
|
1,184,736 |
|
| New York Liberty Development Corp., Refunding RB: |
|
|
|
|
|
|
|
|
| 2nd Priority, Bank of America Tower at One Bryant Park Project, Class 2, 5.63%, 07/15/47 |
|
|
1,400 |
|
|
|
1,449,140 |
|
| 2nd Priority, Bank of America Tower at One Bryant Park Project, Class 3, 6.38%, 07/15/49 |
|
|
500 |
|
|
|
518,945 |
|
| 3 World Trade Center Project, Class 1,
5.00%, 11/15/44(a) |
|
|
735 |
|
|
|
750,126 |
|
| 3 World Trade Center Project, Class 2,
5.38%, 11/15/40(a) |
|
|
200 |
|
|
|
208,826 |
|
| 4 World Trade Center Project, 5.00%, 11/15/31 |
|
|
1,000 |
|
|
|
1,066,190 |
|
| 4 World Trade Center Project, 5.00%, 11/15/44 |
|
|
1,250 |
|
|
|
1,323,987 |
|
| 7 World Trade Center Project, Class 2, 5.00%, 09/15/43 |
|
|
1,000 |
|
|
|
1,065,870 |
|
| 7 World Trade Center Project, Class 3, 5.00%, 03/15/44 |
|
|
690 |
|
|
|
733,001 |
|
|
|
|
| Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock New York Municipal Income Trust II (BFY)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
| Security |
|
Par
(000) |
|
|
Value |
|
| County/City/Special District/School District (continued) |
|
| New York Liberty Development Corp., Refunding RB (continued): |
|
|
|
|
|
|
|
|
| World Trade Center Project, 5.75%, 11/15/51 |
|
$ |
670 |
|
|
$ |
731,687 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
27,148,093 |
|
| Education — 26.4% |
|
| Amherst Development Corp., Refunding RB: |
|
|
|
|
|
|
|
|
| Daemen College Project, 5.00%, 10/01/43 |
|
|
155 |
|
|
|
162,218 |
|
| Daemen College Project, 5.00%, 10/01/48 |
|
|
120 |
|
|
|
125,102 |
|
| University at Buffalo Foundation Faculty-Student Housing Corp., Series A (AGM), 4.63%, 10/01/20(b) |
|
|
275 |
|
|
|
288,321 |
|
| Build NYC Resource Corp., RB, Inwood Academy for Leadership Charter School Project, Series A,
5.50%, 05/01/48(a) |
|
|
270 |
|
|
|
273,348 |
|
| Build NYC Resource Corp., Refunding RB, City University New York-Queens College Student Residences, LLC
Project, Series A, 5.00%, 06/01/38 |
|
|
250 |
|
|
|
274,743 |
|
| City of New York Trust for Cultural Resources, RB, Juilliard School, Series A, 5.00%, 01/01/39 |
|
|
500 |
|
|
|
501,240 |
|
| City of New York Trust for Cultural Resources, Refunding RB, Series A: |
|
|
|
|
|
|
|
|
| American Museum of Natural History, 5.00%, 07/01/37 |
|
|
440 |
|
|
|
488,673 |
|
| Carnegie Hall, 4.75%, 12/01/39 |
|
|
700 |
|
|
|
714,847 |
|
| City of Troy New York Capital Resource Corp., Refunding RB, Rensselaer Polytechnic Institute
Project: |
|
|
|
|
|
|
|
|
| Series A, 5.13%, 09/01/40 |
|
|
1,000 |
|
|
|
1,040,250 |
|
| Series B, 4.00%, 08/01/35 |
|
|
190 |
|
|
|
193,908 |
|
| City of Yonkers New York Industrial Development Agency, RB, Sarah Lawrence College Project, Series A,
6.00%, 06/01/19(b) |
|
|
500 |
|
|
|
510,230 |
|
| Counties of Buffalo & Erie New York Industrial Land Development Corp., Refunding RB, Series
A: |
|
|
|
|
|
|
|
|
| Buffalo State College Foundation Housing Corp. Project, 5.38%, 10/01/41 |
|
|
280 |
|
|
|
298,522 |
|
|
|
|
|
|
|
|
|
|
| Security |
|
Par
(000) |
|
|
Value |
|
| Education (continued) |
|
| Counties of Buffalo & Erie New York Industrial Land Development Corp., Refunding RB, Series A
(continued): |
|
|
|
|
|
|
|
|
| The Charter School for Applied Technologies Project, 5.00%, 06/01/35 |
|
$ |
100 |
|
|
$ |
105,855 |
|
| County of Cattaraugus New York, RB, St. Bonaventure University Project, 5.00%, 05/01/39 |
|
|
125 |
|
|
|
132,958 |
|
| County of Dutchess New York Local Development Corp., RB, Marist College Project: |
|
|
|
|
|
|
|
|
| 5.00%, 07/01/43 |
|
|
95 |
|
|
|
106,342 |
|
| 5.00%, 07/01/48 |
|
|
145 |
|
|
|
161,563 |
|
| County of Dutchess New York Local Development Corp., Refunding RB, Vassar College Project: |
|
|
|
|
|
|
|
|
| 5.00%, 07/01/42 |
|
|
165 |
|
|
|
184,359 |
|
| 4.00%, 07/01/46 |
|
|
310 |
|
|
|
313,587 |
|
| County of Monroe New York Industrial Development Corp., RB, University of Rochester Project,
Series A,
5.00%, 07/01/21(b) |
|
|
1,000 |
|
|
|
1,077,010 |
|
| County of Monroe New York Industrial Development Corp., Refunding RB, University of Rochester Project, Series
A, 5.00%, 07/01/23(b) |
|
|
240 |
|
|
|
270,766 |
|
| County of Nassau New York Industrial Development Agency, Refunding RB, New York Institute of Technology
Project, Series A, 4.75%, 03/01/20(b) |
|
|
350 |
|
|
|
361,606 |
|
| County of St. Lawrence New York Industrial Development Agency, RB, Clarkson University Project: |
|
|
|
|
|
|
|
|
| 6.00%, 09/01/34 |
|
|
150 |
|
|
|
163,692 |
|
| 5.38%, 09/01/41 |
|
|
650 |
|
|
|
693,478 |
|
| County of Tompkins New York Development Corp., RB, Ithaca College Project (AGM),
5.50%, 01/01/21(b) |
|
|
450 |
|
|
|
481,946 |
|
| Geneva Development Corp., Refunding RB, Hobart & William Smith Colleges,
5.25%, 09/01/44 |
|
|
400 |
|
|
|
440,972 |
|
| State of New York Dormitory Authority, RB: |
|
|
|
|
|
|
|
|
| Convent of the Sacred Heart (AGM), 5.75%, 11/01/40 |
|
|
500 |
|
|
|
538,345 |
|
| Education, Series B, 5.75%, 03/15/19(b) |
|
|
300 |
|
|
|
303,333 |
|
|
|
|
| Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock New York Municipal Income Trust II (BFY)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
| Security |
|
Par
(000) |
|
|
Value |
|
|
| Education (continued) |
|
| State of New York Dormitory Authority, RB (continued): |
|
|
|
|
|
|
|
|
| Fordham University, Series
A,
5.50%, 07/01/21(b) |
|
$ |
150 |
|
|
$ |
163,427 |
|
| State University Dormitory Facilities, Series A, 5.00%, 07/01/19(b) |
|
|
250 |
|
|
|
254,610 |
|
| State University Dormitory Facilities, Series A, 5.00%, 07/01/41 |
|
|
670 |
|
|
|
711,339 |
|
| Touro College & University System, Series A, 5.25%, 01/01/34 |
|
|
1,200 |
|
|
|
1,283,532 |
|
| University of Rochester, Series A,
5.13%, 07/01/19(b) |
|
|
215 |
|
|
|
219,117 |
|
| University of Rochester, Series A, 5.13%, 07/01/39 |
|
|
35 |
|
|
|
35,601 |
|
| State of New York Dormitory Authority, Refunding RB: |
|
|
|
|
|
|
|
|
| Barnard College, Series A, 5.00%, 07/01/34 |
|
|
150 |
|
|
|
168,539 |
|
| Brooklyn Law School, 5.75%, 07/01/33 |
|
|
250 |
|
|
|
254,215 |
|
| Fordham University, 5.00%, 07/01/44 |
|
|
640 |
|
|
|
690,579 |
|
| Icahn School of Medicine at Mount Sinai,
Series A, 5.00%, 07/01/35 |
|
|
685 |
|
|
|
757,144 |
|
| New York University, Series A, 5.00%, 07/01/37 |
|
|
600 |
|
|
|
650,340 |
|
| Skidmore College, Series A, 5.25%, 07/01/29 |
|
|
200 |
|
|
|
214,666 |
|
| Skidmore College, Series A, 5.25%, 07/01/31 |
|
|
300 |
|
|
|
321,921 |
|
| State University Dormitory Facilities, Series A, 5.25%, 07/01/30 |
|
|
1,220 |
|
|
|
1,368,096 |
|
| State University Dormitory Facilities, Series A, 5.25%, 07/01/32 |
|
|
700 |
|
|
|
784,007 |
|
| Teachers College, 5.50%, 03/01/19(b) |
|
|
650 |
|
|
|
655,908 |
|
| Town of Hempstead New York Local Development Corp., Refunding RB: |
|
|
|
|
|
|
|
|
| Adelphi University Project, 5.00%, 10/01/35 |
|
|
210 |
|
|
|
232,877 |
|
| Hofstra University Project, 4.00%, 07/01/37 |
|
|
220 |
|
|
|
223,835 |
|
|
|
|
|
|
|
|
|
|
| Security |
|
Par
(000) |
|
|
Value |
|
|
| Education (continued) |
|
| Town of Hempstead New York Local Development Corp., Refunding RB (continued): |
|
|
|
|
|
|
|
|
| Hofstra University Project, 5.00%, 07/01/47 |
|
$ |
100 |
|
|
$ |
110,092 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
19,307,059 |
|
|
| Health — 13.6% |
|
| County of Dutchess New York Local Development Corp., Refunding RB, Health Quest System, Inc., Series A,
5.75%, 07/01/40 |
|
|
300 |
|
|
|
318,384 |
|
| County of Genesee New York Industrial Development Agency, Refunding RB, United Memorial Medical Center
Project, 5.00%, 12/01/27 |
|
|
190 |
|
|
|
190,106 |
|
| County of Monroe New York Industrial Development Corp., RB, Rochester General Hospital Project: |
|
|
|
|
|
|
|
|
| 4.00%, 12/01/41 |
|
|
200 |
|
|
|
194,592 |
|
| 5.00%, 12/01/46 |
|
|
320 |
|
|
|
344,787 |
|
| Series A, 5.00%, 12/01/32 |
|
|
180 |
|
|
|
193,468 |
|
| Series A, 5.00%, 12/01/37 |
|
|
250 |
|
|
|
266,860 |
|
| County of Monroe New York Industrial Development Corp., Refunding RB, Unity Hospital of Rochester Project
(FHA), 5.50%, 08/15/40 |
|
|
1,425 |
|
|
|
1,522,527 |
|
| County of Suffolk New York EDC, RB, Catholic Health Services, Series C, 5.00%, 07/01/32 |
|
|
150 |
|
|
|
160,900 |
|
| County of Westchester New York Healthcare Corp., Refunding RB, Senior Lien: |
|
|
|
|
|
|
|
|
| Remarketing, Series A, 5.00%, 11/01/30 |
|
|
895 |
|
|
|
943,321 |
|
| Series B, 6.00%, 11/01/20(b) |
|
|
130 |
|
|
|
139,762 |
|
| Series B, 6.00%, 11/01/30 |
|
|
20 |
|
|
|
21,252 |
|
| County of Westchester New York Local Development Corp., Refunding RB, Kendal On Hudson Project,
5.00%, 01/01/34 |
|
|
500 |
|
|
|
522,055 |
|
| State of New York Dormitory Authority, RB,
Series
A(b): |
|
|
|
|
|
|
|
|
| Healthcare, 5.00%, 03/15/19 |
|
|
500 |
|
|
|
504,650 |
|
| New York State Association for Retarded Children, Inc., 6.00%, 07/01/19 |
|
|
250 |
|
|
|
255,960 |
|
| New York University Hospitals Center, 5.75%, 07/01/20 |
|
|
425 |
|
|
|
450,194 |
|
|
|
|
| Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock New York Municipal Income Trust II (BFY)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
| Security |
|
Par
(000) |
|
|
Value |
|
| Health (continued) |
|
| State of New York Dormitory Authority, Refunding RB: |
|
|
|
|
|
|
|
|
| Miriam Osborn Memorial Home Association, 5.00%, 07/01/29 |
|
$ |
130 |
|
|
$ |
131,767 |
|
| Mount Sinai Hospital, Series A, 5.00%, 07/01/26 |
|
|
500 |
|
|
|
521,340 |
|
| North Shore-Long Island Jewish Obligated Group, Series A, 5.00%, 05/01/21(b) |
|
|
1,000 |
|
|
|
1,071,150 |
|
| North Shore-Long Island Jewish Obligated Group, Series A, 5.00%, 05/01/21(b) |
|
|
750 |
|
|
|
803,362 |
|
| North Shore-Long Island Jewish Obligated Group, Series A, 5.00%, 05/01/43 |
|
|
860 |
|
|
|
926,951 |
|
| North Shore-Long Island Jewish Obligated Group, Series E, 5.50%, 05/01/33 |
|
|
500 |
|
|
|
506,210 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
9,989,598 |
|
| Housing — 7.8% |
|
| City of New York Housing Development Corp., RB, M/F Housing, Fund Grant Program, New York City Housing
Authority Program, Series B1: |
|
|
|
|
|
|
|
|
| 5.25%, 07/01/32 |
|
|
915 |
|
|
|
993,809 |
|
| 5.00%, 07/01/33 |
|
|
400 |
|
|
|
428,824 |
|
| City of New York Housing Development Corp., Refunding RB: |
|
|
|
|
|
|
|
|
| M/F Housing, 8 Spruce Street, Class F, 4.50%, 02/15/48 |
|
|
500 |
|
|
|
513,705 |
|
| Sustainable Neighborhood Bonds, Series A,
4.25%, 11/01/43(c) |
|
|
1,135 |
|
|
|
1,154,091 |
|
| County of Onondaga New York Trust for Cultural Resources, Refunding RB, Abby Lane Housing Corporation
Project, 5.00%, 05/01/40 |
|
|
265 |
|
|
|
284,931 |
|
| State of New York HFA, RB: |
|
|
|
|
|
|
|
|
| Affordable Housing, Series E (SONYMA), 4.15%, 11/01/47 |
|
|
660 |
|
|
|
666,692 |
|
| M/F Housing, Highland Avenue Senior Apartments, Series A, AMT (SONYMA), 5.00%, 02/15/39 |
|
|
955 |
|
|
|
958,094 |
|
|
|
|
|
|
|
|
|
|
| Security |
|
Par
(000) |
|
|
Value |
|
| Housing (continued) |
|
| State of New York Mortgage Agency, Refunding RB, S/F, Series 213, 4.20%, 10/01/43 |
|
$ |
715 |
|
|
$ |
724,981 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5,725,127 |
|
| State — 18.9% |
|
| City of New York Transitional Finance Authority Building Aid Revenue, Refunding RB, Series S-3,
4.00%, 07/15/38 |
|
|
2,195 |
|
|
|
2,233,544 |
|
| Fiscal 2014, Sub-Series B-1, 5.00%, 11/01/36 |
|
|
340 |
|
|
|
374,779 |
|
| Future Tax Secured Subordinate Bond,
Series C-3, 5.00%, 05/01/41 |
|
|
1,315 |
|
|
|
1,478,652 |
|
| Future Tax Secured, Sub-Series A-3, 4.00%, 08/01/43 |
|
|
465 |
|
|
|
469,050 |
|
| Future Tax Secured, Sub-Series E-1, 5.00%, 02/01/39 |
|
|
460 |
|
|
|
513,075 |
|
| Future Tax Secured, Sub-Series E-1, 5.00%, 02/01/43 |
|
|
1,030 |
|
|
|
1,141,868 |
|
| Series A-2, 5.00%, 08/01/38 |
|
|
195 |
|
|
|
219,157 |
|
| Metropolitan Transportation Authority, Refunding RB, Dedicated Tax Fund, Sub-Series B-1,
5.00%, 11/15/31 |
|
|
750 |
|
|
|
835,252 |
|
| State of New York, GO, Series A, 5.00%, 02/15/39 |
|
|
500 |
|
|
|
502,945 |
|
| State of New York Dormitory Authority, RB: |
|
|
|
|
|
|
|
|
| General Purpose, Series B, 5.00%, 03/15/37 |
|
|
1,070 |
|
|
|
1,146,023 |
|
| General Purpose, Series B, 5.00%, 03/15/42 |
|
|
1,000 |
|
|
|
1,067,810 |
|
| General Purpose, Series C, 5.00%, 03/15/34 |
|
|
1,000 |
|
|
|
1,057,100 |
|
| Group C, State Sales Tax, Series A, 4.00%, 03/15/45 |
|
|
555 |
|
|
|
561,616 |
|
| Group B, State Sales Tax, Series A, 5.00%, 03/15/39 |
|
|
250 |
|
|
|
279,603 |
|
| Series A, 5.00%, 03/15/36 |
|
|
545 |
|
|
|
613,670 |
|
| Series A, 5.00%, 02/15/42 |
|
|
250 |
|
|
|
276,700 |
|
| State of New York Dormitory Authority, Refunding RB, Group 3, Series E, 5.00%, 03/15/41 |
|
|
470 |
|
|
|
530,851 |
|
|
|
|
| Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock New York Municipal Income Trust II (BFY)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
| Security |
|
Par
(000) |
|
|
Value |
|
| State (continued) |
|
| State of New York Urban Development Corp., RB, State Personal Income Tax, Series C,
5.00%, 03/15/30 |
|
$ |
500 |
|
|
$ |
550,425 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
13,852,120 |
|
| Tobacco — 5.0% |
|
| Counties of New York Tobacco Trust IV, Refunding RB, Settlement Pass-Through Turbo, Series A,
6.25%, 06/01/41(a) |
|
|
400 |
|
|
|
409,756 |
|
| Counties of New York Tobacco Trust VI, Refunding RB: |
|
|
|
|
|
|
|
|
| Settlement Pass-Through Turbo, Series C, 4.00%, 06/01/51 |
|
|
750 |
|
|
|
639,735 |
|
| Tobacco Settlement Pass-Through,
Series A-2B, 5.00%, 06/01/51 |
|
|
600 |
|
|
|
604,842 |
|
| County of Chautauqua New York Tobacco Asset Securitization Corp., Refunding RB, Asset-Backed,
4.75%, 06/01/39 |
|
|
250 |
|
|
|
241,110 |
|
| County of Niagara New York Tobacco Asset Securitization Corp., Refunding RB, Asset-Backed,
5.25%, 05/15/40 |
|
|
230 |
|
|
|
239,711 |
|
| TSASC, Inc., Refunding RB, Series B: |
|
|
|
|
|
|
|
|
| 5.00%, 06/01/45 |
|
|
455 |
|
|
|
435,553 |
|
| Tobacco Settlement Bonds, 5.00%, 06/01/48 |
|
|
495 |
|
|
|
470,844 |
|
| Westchester New York Tobacco Asset Securitization, Refunding RB, Tobacco Settlement Bonds, Sub-Series
C: |
|
|
|
|
|
|
|
|
| 4.00%, 06/01/42 |
|
|
285 |
|
|
|
260,980 |
|
| 5.13%, 06/01/51 |
|
|
355 |
|
|
|
357,794 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3,660,325 |
|
| Transportation — 25.6% |
|
| Buffalo & Fort Erie Public Bridge Authority, RB, 5.00%, 01/01/47 |
|
|
215 |
|
|
|
236,556 |
|
| Metropolitan Transportation Authority, RB: |
|
|
|
|
|
|
|
|
| Series A-1, 5.25%, 11/15/23(b) |
|
|
270 |
|
|
|
310,036 |
|
| Series E, 5.00%, 11/15/38 |
|
|
1,000 |
|
|
|
1,071,800 |
|
| Metropolitan Transportation Authority, Refunding RB: |
|
|
|
|
|
|
|
|
| Green Bonds, Climate Bond Certified,
Sub-Series B-2, 4.00%, 11/15/34 |
|
|
500 |
|
|
|
526,125 |
|
|
|
|
|
|
|
|
|
|
| Security |
|
Par
(000) |
|
|
Value |
|
| Transportation (continued) |
|
| Metropolitan Transportation Authority, Refunding RB (continued): |
|
|
|
|
|
|
|
|
| Green Bonds, Series A-1, 5.25%, 11/15/56 |
|
$ |
250 |
|
|
$ |
271,122 |
|
| Series C-1, 5.00%, 11/15/36 |
|
|
840 |
|
|
|
923,681 |
|
| Series F, 5.00%, 11/15/30 |
|
|
1,500 |
|
|
|
1,610,865 |
|
| Series F, 5.00%, 11/15/35 |
|
|
500 |
|
|
|
549,770 |
|
| New York Liberty Development Corp., RB, World Trade Center Port Authority Consolidated,
5.25%, 12/15/43 |
|
|
500 |
|
|
|
540,800 |
|
| New York Transportation Development Corp., ARB, LaGuardia Airport Terminal B Redevelopment Project, Series A,
AMT: |
|
|
|
|
|
|
|
|
| 5.00%, 07/01/46 |
|
|
2,480 |
|
|
|
2,600,230 |
|
| 5.25%, 01/01/50 |
|
|
165 |
|
|
|
174,704 |
|
| (AGM), 4.00%, 07/01/41 |
|
|
300 |
|
|
|
297,216 |
|
| New York Transportation Development Corp., Refunding ARB, American Airlines, Inc., AMT,
5.00%, 08/01/31 |
|
|
920 |
|
|
|
949,504 |
|
| Port Authority of New York & New Jersey, ARB, Special Project, JFK International Air Terminal LLC
Project, Series 8, 6.00%, 12/01/42 |
|
|
1,000 |
|
|
|
1,064,570 |
|
| Port Authority of New York & New Jersey, Refunding ARB, Consolidated, AMT: |
|
|
|
|
|
|
|
|
| 177th Series, 4.00%, 01/15/43 |
|
|
480 |
|
|
|
480,706 |
|
| 178th Series, 5.00%, 12/01/43 |
|
|
430 |
|
|
|
463,798 |
|
| State of New York Thruway Authority, RB, Junior Lien, Series A, 5.25%, 01/01/56 |
|
|
205 |
|
|
|
224,081 |
|
| State of New York Thruway Authority, Refunding RB, General: |
|
|
|
|
|
|
|
|
| Series I, 5.00%, 01/01/37 |
|
|
1,530 |
|
|
|
1,618,755 |
|
| Series I, 5.00%, 01/01/42 |
|
|
1,030 |
|
|
|
1,084,168 |
|
| Series J, 5.00%, 01/01/41 |
|
|
500 |
|
|
|
539,895 |
|
| Triborough Bridge & Tunnel Authority, RB, Series B, 5.00%, 11/15/40 |
|
|
240 |
|
|
|
268,459 |
|
| Triborough Bridge & Tunnel Authority, Refunding RB: |
|
|
|
|
|
|
|
|
| General, Series A, 5.25%, 11/15/45 |
|
|
370 |
|
|
|
420,324 |
|
| General, Series A, 5.00%, 11/15/50 |
|
|
500 |
|
|
|
552,045 |
|
|
|
|
| Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock New York Municipal Income Trust II (BFY)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
| Security |
|
Par
(000) |
|
|
Value |
|
|
| Transportation (continued) |
|
| Triborough Bridge & Tunnel Authority, Refunding RB (continued): |
|
|
|
|
|
|
|
|
| Series B, 5.00%, 11/15/38 |
|
$ |
210 |
|
|
$ |
236,458 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
17,015,668 |
|
|
| Utilities — 14.1% |
|
| City of New York Municipal Water Finance Authority, RB, Water & Sewer System, 2nd General
Resolution, Fiscal 2017, Series DD, 5.25%, 06/15/47 |
|
|
245 |
|
|
|
276,801 |
|
| City of New York Municipal Water Finance Authority, Refunding RB, Water & Sewer System, 2nd General
Resolution, Fiscal 2015, Series HH, 5.00%, 06/15/39 |
|
|
1,500 |
|
|
|
1,657,035 |
|
| Long Island Power Authority, RB: |
|
|
|
|
|
|
|
|
| CAB, Electric Systems, Series A (AGM),
0.00%, 06/01/28(d) |
|
|
3,515 |
|
|
|
2,576,354 |
|
| General, 5.00%, 09/01/47 |
|
|
200 |
|
|
|
220,356 |
|
| General, Electric Systems, Series C (CIFG), 5.25%, 09/01/29 |
|
|
1,000 |
|
|
|
1,184,580 |
|
| Long Island Power Authority, Refunding RB, Electric System: |
|
|
|
|
|
|
|
|
| Series A, 5.50%, 04/01/19(b) |
|
|
500 |
|
|
|
506,065 |
|
| Series B, 5.00%, 09/01/46 |
|
|
125 |
|
|
|
137,080 |
|
| State of New York Environmental Facilities Corp., RB, Subordinated SRF Bonds, Series B,
5.00%, 06/15/48 |
|
|
370 |
|
|
|
418,167 |
|
| State of New York Environmental Facilities Corp., Refunding RB, Revolving Funds, New York City Municipal
Water, Series B, 5.00%, 06/15/36 |
|
|
350 |
|
|
|
372,124 |
|
| Utility Debt Securitization Authority, Refunding RB, Restructuring, Series E, 5.00%, 12/15/41 |
|
|
2,690 |
|
|
|
2,936,834 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10,285,396 |
|
|
| Multi-State(e) — 2.7% |
|
|
| Housing — 2.7% |
|
| Centerline Equity Issuer Trust(a): |
|
|
|
|
|
|
|
|
| Series A-4-2, 6.00%, 10/31/52 |
|
|
1,000 |
|
|
|
1,015,700 |
|
|
|
|
|
|
|
|
|
|
| Security |
|
Par
(000) |
|
|
Value |
|
|
| Housing (continued) |
|
| Centerline Equity Issuer Trust(a) (continued): |
|
|
|
|
|
|
|
|
| Series B-3-2, 6.30%, 10/31/52 |
|
$ |
1,000 |
|
|
$ |
1,016,910 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,032,610 |
|
|
| Puerto Rico — 0.8% |
|
|
| Tobacco — 0.8% |
|
| Children’s Trust Fund, Refunding RB, Tobacco Settlement Asset-Backed Bonds,
5.63%, 05/15/43 |
|
|
570 |
|
|
|
571,060 |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Municipal Bonds — 154.6%
(Cost — $108,727,052) |
|
|
|
113,319,044 |
|
|
|
|
|
|
|
|
|
|
|
| Municipal Bonds Transferred to Tender Option Bond Trusts(f) |
|
|
| New York — 18.1% |
|
|
| County/City/Special District/School District — 1.5% |
|
| City of New York, GO, Sub-Series I-1, 5.00%, 03/01/36 |
|
|
500 |
|
|
|
552,168 |
|
| City of New York Convention Center Development Corp., Refunding RB, Hotel Unit Fee Secured,
5.00%, 11/15/32 |
|
|
500 |
|
|
|
564,622 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,116,790 |
|
|
| Education — 0.8% |
|
| City of New York Trust for Cultural Resources, Refunding RB, Wildlife Conservation Society, Series A,
5.00%, 08/01/33 |
|
|
510 |
|
|
|
561,073 |
|
|
|
|
|
|
|
|
|
|
|
| State — 4.1% |
|
| City of New York Transitional Finance Authority, BARB, Fiscal 2009, Series S-3, 5.25%, 01/15/39 |
|
|
1,300 |
|
|
|
1,304,985 |
|
| Sales Tax Asset Receivable Corp., Refunding RB, Fiscal 2015, Series A: |
|
|
|
|
|
|
|
|
| 5.00%, 10/15/31 |
|
|
255 |
|
|
|
287,462 |
|
| 4.00%, 10/15/32 |
|
|
350 |
|
|
|
371,002 |
|
|
|
|
| Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock New York Municipal Income Trust II (BFY)
(Percentages shown are based on Net Assets) |
|
|
|
|
|
|
|
|
|
| Security |
|
Par
(000) |
|
|
Value |
|
|
| State (continued) |
|
| State of New York Dormitory Authority, RB, General Purpose, Series C, 5.00%, 03/15/41 |
|
$ |
1,000 |
|
|
$ |
1,054,905 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3,018,354 |
|
|
| Transportation — 7.8% |
|
| New York Liberty Development Corp., ARB, 1 World Trade Center Port Authority Consolidated Bonds,
5.25%, 12/15/43 |
|
|
1,995 |
|
|
|
2,155,056 |
|
| Port Authority of New York & New Jersey, Refunding ARB: |
|
|
|
|
|
|
|
|
| 194th Series, 5.25%, 10/15/55 |
|
|
735 |
|
|
|
820,642 |
|
| Consolidated, 210th Series, 5.00%, 09/01/48 |
|
|
960 |
|
|
|
1,079,640 |
|
| Consolidated, Series 169th, 5.00%, 10/15/26 |
|
|
1,000 |
|
|
|
1,068,395 |
|
| Triborough Bridge & Tunnel Authority, Refunding RB, General, Series A, 5.00%, 11/15/46 |
|
|
500 |
|
|
|
551,888 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5,675,621 |
|
|
| Utilities — 3.9% |
|
| City of New York Municipal Water Finance Authority, Refunding RB, Water & Sewer System, 2nd General
Resolution: |
|
|
|
|
|
|
|
|
| Fiscal 2011, Series HH, 5.00%, 06/15/32 |
|
|
1,500 |
|
|
|
1,594,360 |
|
|
|
|
|
|
|
|
|
|
| Security |
|
Par
(000) |
|
|
Value |
|
|
| Utilities (continued) |
|
| City of New York Municipal Water Finance Authority, Refunding RB, Water & Sewer System, 2nd General
Resolution (continued): |
|
|
|
|
|
|
|
|
| Fiscal 2012, Series BB, 5.00%, 06/15/44 |
|
$ |
1,005 |
|
|
$ |
1,071,592 |
|
| Utility Debt Securitization Authority, Refunding RB, Restructuring, Series B, 4.00%, 12/15/35 |
|
|
190 |
|
|
|
199,267 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,865,219 |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Municipal Bonds Transferred to Tender Option
Bond Trusts — 18.1%
(Cost — $12,880,374) |
|
|
|
13,237,057 |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Long-Term Investments — 172.7%
(Cost — $121,607,426) |
|
|
|
126,556,101 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Shares |
|
|
|
|
|
| Short-Term Securities — 0.1% |
|
| BlackRock Liquidity Funds New York Money Fund Portfolio, |
|
|
|
|
|
|
|
|
| 1.51%(g)(h) |
|
|
64,458 |
|
|
|
64,458 |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Short-Term Securities — 0.1%
(Cost — $64,458) |
|
|
|
64,458 |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Investments — 172.8%
(Cost — $121,671,884) |
|
|
|
126,620,559 |
|
|
|
| Liabilities in Excess of Other Assets — (2.2)% |
|
|
|
(1,582,898 |
) |
|
|
| Liability for TOB Trust Certificates, Including Interest Expense and Fees Payable —
(10.2)% |
|
|
|
(7,500,803 |
) |
|
|
| VRDP Shares at Liquidation Value, Net of Deferred Offering
Costs — (60.4)% |
|
|
|
(44,255,573 |
) |
|
|
|
|
|
|
|
|
|
|
|
| Net Assets Applicable to Common Shares — 100.0% |
|
|
$ |
73,281,285 |
|
|
|
|
|
|
|
|
|
|
| (a) |
Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may
be resold in transactions exempt from registration to qualified institutional investors. |
| (b) |
U.S. Government securities, held in escrow, are used to pay interest on this security, as well as to retire the bond in
full at the date indicated, typically at a premium to par. |
| (c) |
When-issued security. |
| (e) |
Represents a beneficial interest in a trust. The collateral deposited into the trust is federally tax-exempt revenue bonds
issued by various state or local governments, or their respective agencies or authorities. The security is subject to remarketing prior to its stated maturity. |
|
|
|
| Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock New York Municipal Income Trust II (BFY) |
| (f) |
Represent bonds transferred to a TOB Trust in exchange of cash and residual certificates received by the Trust. These
bonds serve as collateral in a secured borrowing. |
| (g) |
Annualized 7-day yield as of period end. |
| (h) |
During the period ended November 30, 2018, investments in issuers considered to be an affiliate of the Trust for
purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Affiliate |
|
|
Shares
Held at
08/31/18 |
|
|
|
Net
Activity |
|
|
|
Shares
Held at
11/30/18 |
|
|
|
Value at
11/30/18 |
|
|
|
Income |
|
|
|
Net
Realized
Gain (Loss) |
(a) |
|
|
Change in
Unrealized
Appreciation
(Depreciation) |
|
| BlackRock Liquidity Funds New York Money Fund Portfolio |
|
|
— |
|
|
|
64,458 |
|
|
|
64,458 |
|
|
$ |
64,458 |
|
|
$ |
289 |
|
|
$ |
— |
|
|
$ |
— |
|
| BlackRock Liquidity Funds, MuniCash,
Institutional Class |
|
|
129,237 |
|
|
|
(129,237 |
) |
|
|
— |
|
|
|
— |
|
|
|
901 |
|
|
|
13 |
|
|
|
(13 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
64,458 |
|
|
$ |
1,190 |
|
|
$ |
13 |
|
|
$ |
(13 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
(a) |
Includes net capital gain distributions, if applicable. |
|
For Trust compliance purposes, the Trust’s sector classifications refer to one or more of the sector sub-classifications used
by one or more widely recognized market indexes or rating group indexes, and/or as defined by the investment adviser. These definitions may not apply for purposes of this report, which may combine such sector sub-classifications for reporting ease.
Portfolio Abbreviations
AGC — Assured Guarantee Corp.
AGM — Assured Guaranty Municipal Corp.
AMBAC — American Municipal Bond
Assurance Corp.
AMT — Alternative Minimum Tax (subject to)
ARB —
Airport Revenue Bonds
BARB — Building Aid Revenue Bonds
CAB — Capital
Appreciation Bonds
CIFG — CIFG Assurance North America, Inc.
EDC —
Economic Development Corp.
FHA — Federal Housing Administration
GO —
General Obligation Bonds
HFA — Housing Finance Agency
M/F —
Multi-Family
NPFGC — National Public Finance Guarantee Corp.
PILOT —
Payment in Lieu of Taxes
RB — Revenue Bonds
SONYMA — State of New York
Mortgage Agency
SRF — State Revolving Fund
|
|
|
| Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock New York Municipal Income Trust II (BFY) |
Derivative Financial Instruments Outstanding as of Period End
Futures Contracts
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Description |
|
Number of
Contracts |
|
|
Expiration
Date |
|
|
Notional
Amount (000) |
|
|
Value/
Unrealized
Appreciation
(Depreciation) |
|
| Short Contracts: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 10-Year U.S. Treasury Note |
|
|
11 |
|
|
|
03/20/19 |
|
|
$ |
1,314 |
|
|
$ |
(3,133 |
) |
| Long U.S. Treasury Bond |
|
|
25 |
|
|
|
03/20/19 |
|
|
|
3,498 |
|
|
|
(15,519 |
) |
| 5-Year U.S. Treasury Note |
|
|
10 |
|
|
|
03/29/19 |
|
|
$ |
1,130 |
|
|
|
(1,709 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
(20,361 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fair Value Hierarchy as of Period End
Various
inputs are used in determining the fair value of investments and derivative financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as
follows:
| |
• |
|
Level 1 — Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that the Trust
has the ability to access |
| |
• |
|
Level 2 — Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in
markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves,
volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs) |
| |
• |
|
Level 3 — Unobservable inputs based on the best information available in the circumstances, to the extent observable
inputs are not available (including the Trust’s own assumptions used in determining the fair value of investments and derivative financial instruments) |
The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority
to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the
fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within
Level 3 have significant unobservable inputs used by the BlackRock Global Valuation Methodologies Committee (the “Global Valuation Committee”) in determining the price for Fair Valued Investments. Level 3 investments include equity or debt
issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. Level 3 investments may also be adjusted to reflect illiquidity and/or non-transferability, with the amount of such
discount estimated by the Global Valuation Committee in the absence of market information.
Changes in valuation techniques may result in transfers into or out of an
assigned level within the hierarchy. In accordance with the Trust’s policy, transfers between different levels of the fair value hierarchy are deemed to have occurred as of the beginning of the reporting period. The categorization of a value
determined for investments and derivative financial instruments is based on the pricing transparency of the investments and is not necessarily an indication of the risks associated with investing in those securities. For information about the
Trust’s policy regarding valuation of investments and derivative financial instruments, refer to the Trust’s most recent financial statements as contained in its annual report.
|
|
|
| Schedule of Investments (unaudited) (continued)
November 30, 2018 |
|
BlackRock New York Municipal Income Trust II (BFY) |
The following tables summarizes the Trust’s investments and derivative financial instruments
categorized in the disclose hierarchy:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Level 1 |
|
|
Level 2 |
|
|
Level 3 |
|
|
Total |
|
| Assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Investments: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Long-Term Investments(a) |
|
$ |
— |
|
|
$ |
126,556,101 |
|
|
$ |
— |
|
|
$ |
126,556,101 |
|
| Short-Term Securities |
|
|
64,458 |
|
|
|
— |
|
|
|
— |
|
|
|
64,458 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
64,458 |
|
|
$ |
126,556,101 |
|
|
$ |
|
|
|
$ |
126,620,559 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Derivative Financial Instruments(b) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Liabilities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest rate contracts |
|
$ |
(20,361 |
) |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
(20,361 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
(a) |
See above Schedule of Investments for values in each sector. |
|
| |
(b) |
Derivative financial instruments are futures contracts which are valued at the unrealized appreciation (depreciation) on
the instrument. |
|
The Trust may hold assets and/or liabilities in which the fair value approximates the carrying amount for financial statement
purposes. As of period end, such assets and/or liabilities are categorized within the disclosure hierarchy as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Level 1 |
|
|
Level 2 |
|
|
Level 3 |
|
|
Total |
|
| Liabilities: |
|
| TOB Trust Certificates |
|
$ |
— |
|
|
$ |
(7,475,312 |
) |
|
$ |
— |
|
|
$ |
(7,475,312 |
) |
| VRDP Shares at Liquidation Value |
|
|
— |
|
|
|
(44,400,000 |
) |
|
|
— |
|
|
|
(44,400,000 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
— |
|
|
$ |
(51,875,312 |
) |
|
$ |
— |
|
|
$ |
(51,875,312 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
During the period ended November 30, 2018, there were no transfers between levels.
Item 2 – Controls and Procedures
| 2(a) – |
The registrant’s principal executive and principal financial officers, or persons performing similar
functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”)) are
effective as of a date within 90 days of the filing of this report based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rule 13a-15(b) under the Securities
Exchange Act of 1934, as amended. |
| 2(b) – |
There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over
financial reporting. |
Item 3 – Exhibits
Certifications – Attached hereto
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the
registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
|
|
|
|
|
|
|
BlackRock New York Municipal Income Trust II |
|
|
|
| |
|
By: |
|
/s/ John M. Perlowski |
|
|
|
|
John M. Perlowski |
|
|
|
|
Chief Executive Officer (principal executive officer) of BlackRock New York Municipal Income Trust II |
|
|
|
|
Date: January 18, 2019 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940,
this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
|
|
|
|
|
|
|
By: |
|
/s/ John M. Perlowski |
| |
|
|
|
John M. Perlowski |
|
|
|
|
Chief Executive Officer (principal executive officer) of BlackRock New York Municipal Income Trust II |
|
|
|
|
Date: January 18, 2019 |
|
|
|
|
|
|
|
By: |
|
/s/ Neal J. Andrews |
|
|
|
|
Neal J. Andrews |
| |
|
|
|
Chief Financial Officer (principal financial officer) of
BlackRock New York Municipal Income Trust II |
|
|
|
|
Date: January 18, 2019 |