BlackRock MuniHoldings New York Quality Fund (NYSE: MHN) is a closed-end management investment company that seeks to provide current income exempt from federal and New York state income taxes. The fund primarily invests in investment-grade municipal securities issued by the State of New York and its political subdivisions, offering investors targeted exposure to the public finance activities of one of the nation’s largest municipal bond markets.
The fund’s portfolio is concentrated in high-quality, tax-exempt obligations such as general obligation bonds and revenue bonds backed by state and local government revenues. By focusing on the New York municipal market, the fund provides access to a variety of public projects including transportation infrastructure, healthcare facilities, educational institutions and essential utilities. Emphasis is placed on credit quality, sector diversification and liquidity to help balance income generation with risk management.
Organized as a Delaware statutory trust, BlackRock MuniHoldings New York Quality Fund is managed by BlackRock Advisors, LLC, a subsidiary of BlackRock, Inc. The fund draws on the expertise of BlackRock’s Municipal & Sustainable Investment Group, a team of analysts and portfolio managers dedicated to the public finance sector. This team leverages BlackRock’s global research capabilities and local market insights to select and monitor municipal securities that meet the fund’s rigorous credit and structural standards.
The fund is designed for investors seeking tax-efficient income and concentrated exposure to New York state and local municipal bonds. Through an active management approach—emphasizing comprehensive credit analysis and relative value assessment—the fund aims to deliver current income while preserving capital over the long term.
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