BLACKROCK NEW YORK MUNI INC
BlackRock New York Muni Inc (BNY) is a closed‑end fund that invests primarily in high‑quality municipal bonds tied to New York issuers, with the objective of providing current income. Managed by BlackRock, the trust typically focuses on tax‑exempt yield for investors who may benefit from federal — and often New York state — income tax advantages. Like other closed‑end funds, BNY can trade at a premium or discount to its net asset value (NAV) and may use leverage to enhance income, which can amplify returns and losses. Key considerations for investors include interest‑rate sensitivity, credit risk of municipal issuers, fee and leverage costs, and dividend sustainability. Market cap sits around $250m, signalling a relatively small fund size compared with large ETFs. This summary is educational, not investment advice; returns are not guaranteed and values can fall as well as rise. Investors should assess suitability based on their tax situation, income needs and risk tolerance, and consider consulting a financial adviser.
Stock Performance Snapshot
Dividend
BLACKROCK NEW YORK MUNI INC has a high dividend yield of 5.99%, making it appealing for dividend-seeking investors. If you invested $1000 you would be paid $59.90 a year in dividends (based on the last 12 months).
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Published: June 17, 2025
Explore BasketWhy You’ll Want to Watch This Stock
Income Focused Bonds
BNY concentrates on municipal bonds to generate tax‑advantaged income, though dividends are not guaranteed and depend on bond performance.
New York Exposure
The fund’s geographic focus can offer state tax benefits for New York residents but increases concentration risk tied to regional economic factors.
Leverage Effects
Use of leverage can boost yield in stable markets but also magnifies losses and costs during stress; consider volatility and long‑term suitability.
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ADAMS DIVERSIFIED EQUITY
Adams Diversified Equity Fund, Inc. (the Fund) is a diversified, closed-end investment company. The Fund is an internally managed closed-end fund whose investment objectives are preservation of capital, the attainment of reasonable income from investments, and an opportunity for capital appreciation. The Fund invests in a blend of high-quality, large-cap companies. The Fund seeks to generate returns that exceed its benchmark and consistently distribute dividend income and capital gains to shareholders. The Fund may invest up to 20% of assets in commodities (other than physical commodities), including swaps. The Fund invests in various sectors, such as information technology, financials, healthcare, consumer discretionary, communication services, industrials, consumer staples, energy, utilities, real estate and materials.
ASA GOLD AND PRECIOUS METALS
ASA Gold and Precious Metals Limited is a non-diversified, closed-end investment company. The Company's investment objective is long-term capital appreciation primarily through investing in companies engaged in the exploration for, development of projects or mining of precious metals and minerals. The Company invests approximately 80% of its total assets in common shares or securities convertible into common shares of companies engaged, directly or indirectly, in the exploration, mining or processing of gold, silver, platinum, diamonds or other precious minerals; held as bullion or other direct forms of gold, silver, platinum or other precious minerals; in instruments representing interests in gold, silver, platinum or other precious minerals, and/or in securities of investment companies, including exchange traded funds, or other securities that seek to replicate the price movement of gold, silver or platinum bullion. The Company’s investment adviser is Merk Investments LLC.
