Blackrock New York Municipal Income Trust II (BFY) NPORT-P BlackRock New York Municipal Income Trust II (Nov 2020 report)

Schedule of Investments  (unaudited) November 30, 2020 BlackRock New York Municipal Income Trust II (BFY) (Percentages shown are based on Net Assets)

Security	Par (000)		Value
Municipal Bonds
New York — 135.0%
Corporate — 4.7%
Build NYC Resource Corp., Refunding RB, AMT, 5.00%, 01/01/35(a)	$	140	$	151,371
New York Liberty Development Corp., Refunding RB, 5.25%, 10/01/35		1,475		2,120,091
New York State Environmental Facilities Corp., RB, 2.75%, 09/01/50(b)		250		253,900
New York Transportation Development Corp., RB
AMT, 5.00%, 10/01/35		100		116,710
AMT, 5.00%, 10/01/40		245		282,490
Niagara Area Development Corp., Refunding RB, Series A,
AMT, 4.75%, 11/01/42(a)		740		749,294
				3,673,856
County/City/Special District/School District — 34.8%
City of New York New York, Refunding GO, Series E, 5.50%, 08/01/25		365		412,804
City of New York, GO, Sub-Series D-1, 5.00%, 08/01/31		690		768,957
City of New York, Refunding GO, Series E, 5.00%, 08/01/30		500		547,140
City of Syracuse New York, GO, Series A, AMT, (AGM), 4.75%, 11/01/31		500		514,240
County of Nassau New York, GO, Series B, (AGM), 5.00%, 07/01/45		500		610,545
Haverstraw-Stony Point Central School District, GO, (AGM), 5.00%, 10/15/36		120		134,856
Hudson Yards Infrastructure Corp., RB 5.75%, 02/15/21(c)		960		970,800
5.75%, 02/15/47		590		596,183
Metropolitan Transportation Authority, Refunding RB
Sub-Series B-1, 5.00%, 11/15/31		750		837,772
Sub-Series B-2, 4.00%, 11/15/34		500		563,370
New York City Industrial Development Agency, RB
(AGC), 0.00%, 03/01/35(d)		500		349,230
(AMBAC), 5.00%, 01/01/39		500		500,730
(AGC), 6.38%, 01/01/39		100		100,420
(AGC), 0.00%, 03/01/42(d)		1,750		933,205
(AGC), 0.00%, 03/01/45(d)		500		235,575
(AMBAC), 5.00%, 01/01/46		400		400,520
New York City Industrial Development Agency, Refunding RB
4.00%, 03/01/45		1,275		1,455,247
(AGM), 4.00%, 03/01/45		75		85,929
Series A, AMT, 5.00%, 07/01/28		330		346,299
New York City Transitional Finance Authority Future Tax Secured Revenue, RB
Series A-2, 5.00%, 08/01/38		195		239,245
Series D-1, 5.00%, 11/01/38		825		857,274
Sub-Series A-3, 4.00%, 08/01/43		465		525,641
Sub-Series B-1, 5.00%, 11/01/36		340		387,549
Sub-Series E-1, 5.00%, 02/01/39		460		558,675
Sub-Series E-1, 5.00%, 02/01/43		1,030		1,241,397
Series C-3, Subordinate, 5.00%, 05/01/41		1,315		1,623,538
New York Convention Center Development Corp., RB, CAB, Series B, Sub Lien, (AGM-CR), 0.00%, 11/15/55(d)		1,000		308,860
New York Convention Center Development Corp., Refunding RB
5.00%, 11/15/40		1,445		1,628,110

Security	Par (000)		Value
County/City/Special District/School District (continued)
New York Convention Center Development Corp., Refunding RB (continued)
5.00%, 11/15/45	$	2,340	$	2,595,715
New York Liberty Development Corp., Refunding RB 5.00%, 11/15/31		1,000		1,041,980
5.00%, 11/15/44		1,250		1,298,525
5.75%, 11/15/51		670		702,133
Class 2, 5.00%, 09/15/43		1,000		1,049,400
Class 3, 5.00%, 03/15/44		690		722,920
Series 1, Class 1, 5.00%, 11/15/44(a)		980		1,018,867
Series 2, Class 2, 5.38%, 11/15/40(a)		200		213,788
New York State Dormitory Authority, RB, Series A, 5.00%, 07/01/21(c)		670		688,539
				27,065,978
Education — 17.5%
Amherst Development Corp., Refunding RB 5.00%, 10/01/43		155		167,092
5.00%, 10/01/48		120		127,974
Buffalo & Erie County Industrial Land Development Corp., Refunding RB
5.38%, 04/01/21(c)		280		284,766
Series A, 5.00%, 06/01/35		100		111,113
Build NYC Resource Corp. RB(a)
5.75%, 02/01/49		255		270,593
Series A, 5.50%, 05/01/48		270		288,924
Build NYC Resource Corp., Refunding RB, Series A, 5.00%, 06/01/38		250		285,477
County of Cattaraugus New York, RB, 5.00%, 05/01/39		125		133,921
Dutchess County Local Development Corp., RB
5.00%, 07/01/43		95		113,528
5.00%, 07/01/48		145		171,570
Dutchess County Local Development Corp., Refunding RB
5.00%, 07/01/42		165		199,553
4.00%, 07/01/46		310		347,197
Geneva Development Corp., RB, 5.25%, 09/01/23(c)		400		454,720
Hempstead Town Local Development Corp., Refunding RB
5.00%, 10/01/35		210		235,082
4.00%, 07/01/37		220		248,917
5.00%, 07/01/47		100		117,632
Monroe County Industrial Development Corp., RB, Series A, 5.00%, 07/01/21(c)		1,000		1,027,670
Monroe County Industrial Development Corp., Refunding RB, Series A, 5.00%, 07/01/23(c)		240		269,326
New York State Dormitory Authority, RB
(AGM), 5.75%, 05/01/21(c)		500		511,420
Series A, 5.50%, 07/01/21(c)		150		154,562
Series A, 5.25%, 01/01/34		1,200		1,309,080
New York State Dormitory Authority, Refunding RB
5.00%, 07/01/44		640		722,074
Series A, 5.00%, 07/01/22(c)		300		322,515
Series A, 5.25%, 07/01/23(c)		1,920		2,166,943
Series A, 5.25%, 07/01/29		200		205,820
Series A, 5.25%, 07/01/31		300		308,730
Series A, 5.00%, 07/01/35		685		788,640
Onondaga County Trust for Cultural Resources, Refunding RB, 5.00%, 05/01/40		265		290,631
St Lawrence County Industrial Development Agency, RB
6.00%, 09/01/34		150		154,975
5.38%, 09/01/41		650		667,368

SCHEDULE OF INVESTMENTS 1

Schedule of Investments  (unaudited) (continued) November 30, 2020 BlackRock New York Municipal Income Trust II (BFY) (Percentages shown are based on Net Assets)

Security	Par (000)		Value
Education (continued)
Troy Capital Resource Corp., Refunding RB
4.00%, 08/01/35	$	190	$	205,865
4.00%, 09/01/40		270		303,626
Trust for Cultural Resources of The City of New York, Refunding RB, Series A, 5.00%, 07/01/37		440		507,245
Yonkers Economic Development Corp., RB, Series A, 5.00%, 10/15/54		100		109,525
				13,584,074
Health — 11.0%
Monroe County Industrial Development Corp., RB
4.00%, 12/01/41		200		219,766
5.00%, 12/01/46		320		371,187
Monroe County Industrial Development Corp., Refunding RB
4.00%, 12/01/38		120		135,139
(FHA INS), 5.50%, 08/15/40		1,425		1,440,376
4.00%, 12/01/46		115		128,212
Series A, 5.00%, 12/01/32		180		195,107
Series A, 5.00%, 12/01/37		250		269,695
New York State Dormitory Authority, Refunding RB
4.00%, 07/01/38		190		213,609
4.00%, 07/01/39		250		280,243
Series A, 5.00%, 05/01/21(c)		1,750		1,784,545
Series A, 5.00%, 05/01/43		860		974,707
Oneida County Local Development Corp., Refunding RB
(AGM), 3.00%, 12/01/44		565		596,267
(AGM), 4.00%, 12/01/49		300		337,731
Suffolk County Economic Development Corp., RB, Series C, 5.00%, 07/01/32		150		170,625
Westchester County Healthcare Corp., Refunding RB
Series A, Senior Lien, 5.00%, 11/01/21(c)		895		933,906
Series B, Senior Lien, 6.00%, 11/01/30		20		20,075
Westchester County Local Development Corp., Refunding RB, 5.00%, 01/01/34		500		519,225
				8,590,415
Housing — 6.4%
New York City Housing Development Corp., Series 2014-8SPR, Class F, 4.50%, 02/15/48		500		520,320
New York City Housing Development Corp., RB, M/F Housing
Series B-1, 5.25%, 07/01/32		915		1,020,490
Series B-1, 5.00%, 07/01/33		400		443,180
Series C-1A, 4.20%, 11/01/44		1,000		1,054,750
New York State Housing Finance Agency, RB, M/F Housing
Series E, (SONYMA FANNIE MAE), 4.15%, 11/01/47		660		719,889
Series P, 3.15%, 11/01/54		300		311,136
Series A, AMT, (SONYMA), 5.00%, 02/15/39		895		897,810
State of New York Mortgage Agency, Refunding RB, S/F Housing, Series 213, 4.20%, 10/01/43		25		27,934
				4,995,509
Other — 0.5%
New York City Industrial Development Agency, Refunding RB, Series A, AMT, 5.00%, 07/01/22		350		372,442
State — 15.2%
New York City Transitional Finance Authority Building Aid Revenue, RB, Sub-Series S-1B, (SAW), 4.00%, 07/15/42		500		584,125

Security	Par (000)		Value
State (continued)
New York City Transitional Finance Authority Building Aid Revenue, Refunding RB, Series S-3, Subordinate, (SAW), 4.00%, 07/15/38	$	2,195	$	2,551,402
New York State Dormitory Authority, RB
Series A, 5.00%, 03/15/36		545		662,611
Series A, 5.00%, 02/15/42		250		297,648
Series B, 5.00%, 03/15/37		1,070		1,129,513
Series B, 5.00%, 03/15/39		250		306,250
Series B, 5.00%, 03/15/42		1,000		1,052,510
Series C, 5.00%, 03/15/34		1,000		1,012,950
Series C, 4.00%, 03/15/45		555		622,211
New York State Dormitory Authority, Refunding RB
Series A, 5.25%, 03/15/39		1,015		1,284,726
Series E, 5.00%, 03/15/41		470		587,547
New York State Urban Development Corp., RB
Series A, 4.00%, 03/15/49		970		1,136,229
Series C, 5.00%, 03/15/30		500		551,305
				11,779,027
Tobacco — 3.8%
Chautauqua Tobacco Asset Securitization Corp., Refunding RB, 4.75%, 06/01/39		250		255,895
New York Counties Tobacco Trust IV, Refunding RB, Series A, 6.25%, 06/01/41(a)		400		402,020
New York Counties Tobacco Trust VI, Refunding RB
Series A-2-B, 5.00%, 06/01/51		600		624,012
Series C, 4.00%, 06/01/51		750		727,163
Niagara Tobacco Asset Securitization Corp., Refunding RB, 5.25%, 05/15/40		230		237,204
Westchester Tobacco Asset Securitization Corp., Refunding RB
Sub-Series C, 4.00%, 06/01/42		275		293,730
Sub-Series C, 5.13%, 06/01/51		355		389,559
				2,929,583
Transportation — 26.1%
Buffalo & Fort Erie Public Bridge Authority, RB, 5.00%, 01/01/47		215		248,854
Hudson Yards Infrastructure Corp., Refunding RB
Series A, 5.00%, 02/15/39		475		565,563
Series A, 5.00%, 02/15/42		565		670,452
Metropolitan Transportation Authority, RB
Series A-1, 5.25%, 11/15/23(c)		270		309,733
Series E, 5.00%, 11/15/38		1,000		1,055,540
Metropolitan Transportation Authority, Refunding RB
Series A-1, 5.25%, 11/15/57		250		279,242
Series B, 5.00%, 11/15/37		500		550,450
Series F, 5.00%, 11/15/30		1,500		1,568,100
Sub-Series C-1, 5.00%, 11/15/34		840		925,067
MTA Hudson Rail Yards Trust Obligations, Refunding RB, Series A, 5.00%, 11/15/56		1,120		1,224,608
New York Liberty Development Corp., ARB, 5.25%, 12/15/43		500		521,590
New York State Thruway Authority, Refunding RB
Series I, 5.00%, 01/01/22(c)		2,560		2,691,528
Series J, 5.00%, 01/01/41		500		557,625
Series B, Subordinate, 4.00%, 01/01/45		1,300		1,491,529
New York Transportation Development Corp. Refunding RB, AMT, 4.00%, 12/01/40(e)		145		161,835
New York Transportation Development Corp., ARB
Series A, AMT, (AGM-CR), 4.00%, 07/01/41		300		316,956
Series A, AMT, 5.00%, 07/01/46		375		408,101

2

Schedule of Investments  (unaudited) (continued) November 30, 2020 BlackRock New York Municipal Income Trust II (BFY) (Percentages shown are based on Net Assets)

Security	Par (000)		Value
Transportation (continued)
New York Transportation Development Corp., ARB (continued)
Series A, AMT, 5.25%, 01/01/50	$	2,270	$	2,485,718
Port Authority of New York & New Jersey, ARB 6.00%, 12/01/42		1,000		1,003,370
Consolidated, 220th Series, AMT, 4.00%, 11/01/59		665		740,165
Port Authority of New York & New Jersey, Refunding ARB 178th Series, AMT, 5.00%, 12/01/43		430		475,021
Consolidated, 177th Series, AMT, 4.00%, 01/15/43		480		500,914
Triborough Bridge & Tunnel Authority, RB, Series B, 5.00%, 11/15/40		240		282,091
Triborough Bridge & Tunnel Authority, Refunding RB
Series A, 5.25%, 11/15/45		370		431,875
Series A, 5.00%, 11/15/50		500		573,025
Series B, 5.00%, 11/15/38		210		254,692
				20,293,644
Utilities — 15.0%
Long Island Power Authority, RB
(AGM), 0.00%, 06/01/28(d)		3,515		3,236,647
5.00%, 09/01/47		200		241,932
Series C, (AGC), 5.25%, 09/01/29		1,000		1,354,240
Long Island Power Authority, Refunding RB, Series B, 5.00%, 09/01/46		125		149,539
New York City Water & Sewer System, RB
Series DD, 5.25%, 06/15/47		245		301,512
Series DD-1, 4.00%, 06/15/50		600		710,352
New York City Water & Sewer System, Refunding RB, Series HH, 5.00%, 06/15/39		1,500		1,782,165
New York State Environmental Facilities Corp., RB, Series B, Subordinate, 5.00%, 06/15/48		370		462,629
New York State Environmental Facilities Corp., Refunding RB, Series B, 5.00%, 06/15/36		350		358,757
Utility Debt Securitization Authority, Refunding RB, Series TE, Restructured, 5.00%, 12/15/41		2,690		3,043,789
				11,641,562
Total Municipal Bonds in New York				104,926,090
Puerto Rico — 6.8%
State — 4.7%
Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, RB
Series A-1, Restructured, 4.75%, 07/01/53		459		497,088
Series A-1, Restructured, 5.00%, 07/01/58		1,928		2,120,646
Series A-2, Restructured, 4.33%, 07/01/40		224		238,614
Series A-2, Restructured, 4.78%, 07/01/58		418		452,351
Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, RB, CAB, Series A-1, Restructured, 0.00%, 07/01/46(d)		1,210		362,080
				3,670,779
Tobacco — 0.5%
Children’s Trust Fund, Refunding RB, 5.63%, 05/15/43		400		403,664

Security	Par (000)		Value
Utilities — 1.6%
Puerto Rico Commonwealth Aqueduct & Sewer Authority, RB
Series A, Senior Lien, 5.00%, 07/01/33	$	615	$	637,318
Series A, Senior Lien, 5.13%, 07/01/37		175		181,563
Puerto Rico Commonwealth Aqueduct & Sewer Authority, Refunding RB, Series A, Senior Lien, 6.00%, 07/01/38		410		411,361
				1,230,242
Total Municipal Bonds in Puerto Rico				5,304,685
Total Municipal Bonds — 141.8% (Cost: $100,800,320)				110,230,775
Municipal Bonds Transferred to Tender Option Bond Trusts(f)
New York — 29.5%
County/City/Special District/School District — 2.5%
City of New York, GO
Sub-Series I-1, 5.00%, 03/01/36		500		566,295
Sub-Series-D1, Series D, 5.00%, 12/01/43(g)		1,150		1,414,098
				1,980,393
Education — 0.7%
Trust for Cultural Resources of The City of New York, Refunding RB, Series A, 5.00%, 08/01/23(c)		510		574,665
Housing — 1.6%
New York City Housing Development Corp., Refunding RB, Series A, 4.25%, 11/01/43		1,130		1,262,334
State — 3.7%
New York State Dormitory Authority, RB, Series C, 5.00%, 03/15/41		1,000		1,012,280
New York State Urban Development Corp., RB, Series A, 4.00%, 03/15/47		1,003		1,145,970
Sales Tax Asset Receivable Corp., Refunding RB
Series A, 5.00%, 10/15/31		255		298,098
Series A, 4.00%, 10/15/32		350		394,713
				2,851,061
Transportation — 15.1%
New York Liberty Development Corp., ARB, 5.25%, 12/15/43		1,995		2,081,086
New York State Thruway Authority, Refunding RB, Subordinate, Series B, 4.00%, 01/01/53(g)		2,012		2,270,778
Port Authority of New York & New Jersey, ARB, AMT, Series 221, 4.00%, 07/15/60		824		924,411
Port Authority of New York & New Jersey, Refunding ARB 194th Series, 5.25%, 10/15/55		735		858,362
Consolidated, 169th Series, AMT, 5.00%, 10/15/26		1,000		1,037,640
Consolidated, Series 211, 5.00%, 09/01/48		960		1,168,618
Triborough Bridge & Tunnel Authority, RB, Series A, 4.00%, 11/15/54(g)		2,416		2,819,618
Triborough Bridge & Tunnel Authority, Refunding RB, Series A, 5.00%, 11/15/46		500		586,745
				11,747,258
Utilities — 5.9%
New York City Water & Sewer System, Refunding RB Series BB, 5.00%, 06/15/44		1,005		1,049,332

SCHEDULE OF INVESTMENTS 3

Schedule of Investments  (unaudited) (continued) November 30, 2020 BlackRock New York Municipal Income Trust II (BFY) (Percentages shown are based on Net Assets)

Security	Par (000)		Value
Utilities (continued)
New York City Water & Sewer System, Refunding RB (continued) Series HH, 5.00%, 06/15/32	$	1,500	$	1,537,740
New York Power Authority, Refunding RB, Series A, 4.00%, 11/15/60		1,515		1,767,232
Utility Debt Securitization Authority, Refunding RB, Series B, 4.00%, 12/15/35		190		221,010
				4,575,314
Total Municipal Bonds in New York				22,991,025
Total Municipal Bonds Transferred to Tender Option Bond Trusts — 29.5% (Cost: $21,659,391)				22,991,025
Total Long-Term Investments — 171.3% (Cost: $122,459,711)				133,221,800
	Shares
Short-Term Securities
Money Market Funds — 0.5%
BlackRock Liquidity Funds New York Money Fund Portfolio, 0.01%(h)(i)		386,290		386,290
Total Short-Term Securities — 0.5% (Cost: $386,290)				386,290
Total Investments — 171.8% (Cost: $122,846,001)				133,608,090
Other Assets Less Liabilities — 1.4%				1,023,337
Liability for TOB Trust Certificates, Including Interest Expense and Fees Payable — (16.2)%				(12,573,579	)
VRDP Shares at Liquidation Value, Net of Deferred Offering Costs — (57.0)%				(44,309,998	)
Net Assets Applicable to Common Shares — 100.0%			$	77,747,850

^(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) Variable rate security. Interest rate resets periodically. The rate shown is the effective interest rate as of period end. Security description also includes the reference rate and spread if published and available.

^(c) 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.

^(d) Zero-coupon bond.

^(e) When-issued security.

^(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) All or a portion of the security is subject to a recourse agreement. The aggregate maximum potential amount the Trust could ultimately be required to pay under the agreements, which expire between December 1, 2026 to May 15, 2028, is $3,640,569.

^(h) Affiliate of the Trust.

⁽ⁱ⁾ Annualized 7-day yield as of period end.

Affiliates

Investments in issuers considered to be affiliate(s) of the Trust during the period ended November 30, 2020 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

Affiliated Issuer	Value at 08/31/20		Purchases at Cost		Proceeds from Sales			Net Realized Gain (Loss)			Change in Unrealized Appreciation (Depreciation)		Value at 11/30/20		Shares Held at 11/30/20		Income		Capital Gain Distributions from Underlying Funds
BlackRock Liquidity Funds New York Money Fund Portfolio	$	537,270	$	—	$	(150,870	)(a)	$	(110	)	$	—	$	386,290		386,290	$	13	$	—

^(a) Represents net amount purchased (sold).

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.

4

Schedule of Investments  (unaudited) (continued) November 30, 2020 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 US Treasury Notes		24		03/22/21	$	3,316	$	(3,227	)
Long U.S. Treasury Bond		10		03/22/21		1,749		3,597
							$	370

Fair Value Hierarchy as of Period End

Various inputs are used in determining the fair value of 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 BlackRock Global Valuation Methodologies Committee’s (the “Global Valuation Committee’s”) assumptions used in determining the fair value of 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 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. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments 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 financial instruments, refer to its most recent financial statements.

The following tables summarize the Trust’s investments and derivative financial instruments categorized in the disclosure hierarchy. The breakdown of the Trust’s investments into major categories is disclosed in the Schedule of Investments above.

	Level 1			Level 2		Level 3		Total
Assets
Investments
Long-Term Investments
Municipal Bonds	$	—		$	110,230,775	$	—	$	110,230,775
Municipal Bonds Transferred to Tender Option Bond Trusts		—			22,991,025		—		22,991,025
Short-Term Securities
Money Market Funds		386,290			—		—		386,290
	$	386,290		$	133,221,800	$	—	$	133,608,090
Derivative Financial Instruments(a)
Assets
Interest Rate Contracts	$	3,597		$	—	$	—	$	3,597
Liabilities
Interest Rate Contracts		(3,227	)		—		—		(3,227	)
	$	370		$	—	$	—	$	370

^(a)  Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument.

SCHEDULES OF INVESTMENTS 5

Schedule of Investments  (unaudited) (continued) November 30, 2020 BlackRock New York Municipal Income Trust II (BFY)

The Trust may hold assets and/or liabilities in which the fair value approximates the carrying amount for financial reporting 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	$	—	$	(12,569,989	)	$	—	$	(12,569,989	)
VRDP Shares at Liquidation Value		—		(44,400,000	)		—		(44,400,000	)
	$	—	$	(56,969,989	)	$	—	$	(56,969,989	)

Portfolio Abbreviation
AGC	Assured Guaranty Corp.
AGM	Assured Guaranty Municipal Corp.
AGM-CR	AGM Insured Custodial Receipt
AMBAC	AMBAC Assurance Corp.
AMT	Alternative Minimum Tax
ARB	Airport Revenue Bonds
CAB	Capital Appreciation Bonds
CR	Custodian Receipt
FHA	Federal Housing Administration
GO	General Obligation Bonds
INS	Insured
M/F	Multi-Family
RB	Revenue Bond
S/F	Single-Family
SAW	State Aid Withholding
SONYMA	State of New York Mortgage Agency

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