BSE:NYE-BlackRock New York Municipal Income Quality Trust (USD)

COMMON STOCK | Asset Management | NYE

Last Closing Price

USD 13.86

Change

+0.10 (+0.73)%

Market Cap

USD 0.09B

Volume

0.02M

Average Target Price

N/A
Average Analyst Rating

N/A

Fundamental Analysis

Verdict

About

BlackRock New York Municipal Income Quality Trust is a close ended fixed income mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of United States. The fund primarily invests in investment grade municipal obligations exempt from federal income taxes and New York State and New York City personal income taxes. It was formerly known as BlackRock New York Insured Municipal Income Trust. BlackRock New York Municipal Income Quality Trust was formed in October 28, 2002 and is domiciled in United States.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-01-22 )

Largest Industry Peers for Asset Management

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
BLK BlackRock, Inc

-7.15 (-0.96%)

USD113.21B 23.30 16.35
BAM Brookfield Asset Management In..

-0.36 (-0.93%)

USD58.20B 42.28 14.10
BX The Blackstone Group Inc

-0.66 (-1.00%)

USD45.59B 58.24 N/A
BK-PC The Bank of New York Mellon Co..

N/A

USD41.70B 5.38 N/A
BK The Bank of New York Mellon Co..

-0.33 (-0.78%)

USD37.47B 11.03 N/A
STT State Street Corporation

-0.41 (-0.55%)

USD26.34B 11.80 N/A
AMP Ameriprise Financial, Inc

-0.15 (-0.07%)

USD25.00B 14.87 N/A
KKR KKR & Co. Inc

-0.94 (-2.28%)

USD23.42B 24.10 15.14
STT-PD State Street Corporation

+0.19 (+0.65%)

USD21.98B 4.54 N/A
STT-PG State Street Corporation

+0.23 (+0.81%)

USD21.87B 4.50 N/A

ETFs Containing BSE

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Asset Management)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 1.69% 60% D- 42% F
Dividend Return 0.39% 31% F 32% F
Total Return 2.07% 62% D- 44% F
Trailing 12 Months  
Capital Gain -0.72% 59% F 43% F
Dividend Return 4.07% 24% F 71% C-
Total Return 3.35% 53% F 47% F
Trailing 5 Years  
Capital Gain 2.82% 43% F 30% F
Dividend Return 20.30% 14% F 62% D-
Total Return 23.12% 29% F 31% F
Average Annual (5 Year Horizon)  
Capital Gain -1.60% 49% F 34% F
Dividend Return 3.94% 26% F 78% C+
Total Return 2.33% 37% F 44% F
Risk Return Profile  
Volatility (Standard Deviation) 7.11% 80% B- 82% B-
Risk Adjusted Return 32.82% 42% F 51% F
Market Capitalization 0.09B 16% F 17% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Asset Management)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 94.25 4% F 8% F
Price/Book Ratio 0.91 45% F 77% C+
Price / Cash Flow Ratio -214.73 99% A+ 98% A+
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity 0.96% 20% F 36% F
Return on Invested Capital N/A N/A N/A N/A N/A
Return on Assets 1.80% 36% F 46% F
Debt to Equity Ratio N/A N/A N/A N/A N/A
Technical Ratios  
Short Ratio 0.28 46% F 85% B
Short Percent 0.06% 68% D+ 96% A
Beta 0.20 76% C 90% A-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector