Item 1. Schedule of Investments | ||||||||
Item 2. Controls and Procedures | ||||||||
Signatures | ||||||||
EX-99.CERT Section 302 Certification |
Eaton Vance New York Municipal Income Trust | as of August 31, 2009 |
Principal |
||||||||
Amount |
||||||||
(000s omitted) | Security | Value | ||||||
Cogeneration 1.4%
|
||||||||
$ | 1,150 |
Suffolk County Industrial Development Agency, (Nissequogue
Cogeneration Partners Facility), (AMT), 5.50%, 1/1/23
|
$ | 951,326 | ||||
$ | 951,326 | |||||||
Education 12.4%
|
||||||||
$ | 315 |
Geneva Industrial Development Agency, (Hobart &
William Smith Project), 5.375%, 2/1/33
|
$ | 316,203 | ||||
1,210 |
New York City Cultural Resource Trust, (The Juilliard School),
5.00%, 1/1/34
|
1,262,187 | ||||||
325 |
New York City Cultural Resource Trust, (The Juilliard School),
5.00%, 1/1/39
|
336,752 | ||||||
440 |
New York Dormitory Authority, (Brooklyn Law School),
5.75%, 7/1/33
|
445,896 | ||||||
1,000 |
New York Dormitory Authority, (Columbia University),
5.00%, 7/1/38(1)
|
1,042,720 | ||||||
510 |
New York Dormitory Authority, (Cornell University),
5.00%, 7/1/34
|
535,847 | ||||||
2,000 |
New York Dormitory Authority, (Cornell University),
5.00%, 7/1/39
|
2,085,100 | ||||||
2,250 |
New York Dormitory Authority, (Rochester Institute of
Technology), 6.00%, 7/1/33
|
2,407,253 | ||||||
$ | 8,431,958 | |||||||
Electric Utilities 5.2%
|
||||||||
$ | 1,420 |
Long Island Power Authority, Electric System Revenue,
6.00%, 5/1/33
|
$ | 1,567,794 | ||||
2,100 |
Suffolk County Industrial Development Agency, (Keyspan-Port
Jefferson), (AMT), 5.25%, 6/1/27
|
1,935,675 | ||||||
$ | 3,503,469 | |||||||
General Obligations 11.5%
|
||||||||
$ | 6,000 |
New York City,
5.25%, 9/15/33(2)
|
$ | 6,127,080 | ||||
1,000 |
New York City, 6.25%, 10/15/28
|
1,143,370 | ||||||
570 |
Puerto Rico Public Buildings Authority, (Commonwealth
Guaranteed), 5.25%, 7/1/29
|
528,230 | ||||||
$ | 7,798,680 | |||||||
Health Care-Miscellaneous 6.3%
|
||||||||
$ | 1,115 |
New York City Industrial Development Agency, (A Very Special
Place, Inc.), 5.75%, 1/1/29
|
$ | 842,015 | ||||
1,200 |
New York City Industrial Development Agency, (Ohel
Childrens Home), 6.25%, 8/15/22
|
880,236 | ||||||
200 |
Puerto Rico Infrastructure Financing Authority, (Mepsi Campus
Project), 6.50%, 10/1/37
|
166,722 | ||||||
50 |
Suffolk County Industrial Development Agency, (Alliance of LI),
Series A, Class H, 7.50%, 9/1/15
|
50,193 | ||||||
100 |
Suffolk County Industrial Development Agency, (Alliance of LI),
Series A, Class I, 7.50%, 9/1/15
|
100,387 | ||||||
2,600 |
Westchester County Industrial Development Agency,
(Childrens Village), 5.375%, 3/15/19
|
2,211,586 | ||||||
$ | 4,251,139 | |||||||
Hospital 28.8%
|
||||||||
$ | 190 |
Chautauqua County Industrial Development Agency, (Womens
Christian Association), 6.35%, 11/15/17
|
$ | 172,763 | ||||
485 |
Chautauqua County Industrial Development Agency, (Womens
Christian Association), 6.40%, 11/15/29
|
375,448 | ||||||
1,250 |
Fulton County Industrial Development Agency, (Nathan Littauer
Hospital), 6.00%, 11/1/18
|
1,078,263 | ||||||
2,500 |
Monroe County Industrial Development Agency, (Highland
Hospital), 5.00%, 8/1/25
|
2,310,975 | ||||||
400 |
Nassau County Industrial Development Agency, (North Shore Health
System), 6.25%, 11/1/21
|
410,280 | ||||||
1,500 |
New York Dormitory Authority, (Lenox Hill Hospital),
5.50%, 7/1/30
|
1,163,265 | ||||||
4,000 |
New York Dormitory Authority, (Memorial Sloan-Kettering Cancer
Center), 5.00%,
7/1/36(2) |
4,031,000 | ||||||
2,000 |
New York Dormitory Authority, (Methodist Hospital),
5.25%, 7/1/33
|
1,546,340 | ||||||
900 |
New York Dormitory Authority, (Mount Sinai Hospital),
5.50%, 7/1/26
|
900,099 | ||||||
845 |
New York Dormitory Authority, (North Shore Hospital),
5.00%, 11/1/34
|
771,646 |
Principal |
||||||||
Amount |
||||||||
(000s omitted) | Security | Value | ||||||
$ | 1,250 |
New York Dormitory Authority, (NYU Hospital Center),
5.625%, 7/1/37
|
$ | 1,161,375 | ||||
415 |
New York Dormitory Authority, (Orange Regional Medical Center),
6.125%, 12/1/29
|
347,878 | ||||||
835 |
New York Dormitory Authority, (Orange Regional Medical Center),
6.25%, 12/1/37
|
677,711 | ||||||
760 |
New York Dormitory Authority, (St. Lukes Roosevelt
Hospital), 4.90%, 8/15/31
|
760,372 | ||||||
1,250 |
Oneida County Industrial Development Agency, (St.
Elizabeths Medical Center), 5.75%, 12/1/19
|
1,097,337 | ||||||
650 |
Saratoga County Industrial Development Agency, (Saratoga
Hospital), 5.25%, 12/1/32
|
579,547 | ||||||
2,105 |
Suffolk County Industrial Development Agency, (Huntington
Hospital), 6.00%, 11/1/22
|
2,136,849 | ||||||
$ | 19,521,148 | |||||||
Housing 17.3%
|
||||||||
$ | 1,500 |
New York City Housing Development Corp., (Multi-Family Housing),
(AMT), 5.05%, 11/1/39
|
$ | 1,407,330 | ||||
2,620 |
New York City Housing Development Corp., (Multi-Family Housing),
(AMT), 5.20%, 11/1/40
|
2,499,480 | ||||||
1,000 |
New York Housing Finance Agency, 5.25%, 11/1/41
|
995,610 | ||||||
2,625 |
New York Housing Finance Agency, (FNMA), (AMT),
5.40%, 11/15/42
|
2,640,330 | ||||||
1,500 |
New York Mortgage Agency, (AMT), 4.875%, 10/1/30
|
1,408,710 | ||||||
2,000 |
New York Mortgage Agency, (AMT), 4.90%, 10/1/37
|
1,811,540 | ||||||
1,000 |
New York Mortgage Agency, (AMT), 5.125%, 10/1/37
|
953,490 | ||||||
$ | 11,716,490 | |||||||
Industrial Development Revenue 13.7%
|
||||||||
$ | 1,000 |
Essex County Industrial Development Agency, (International Paper
Company), (AMT), 6.625%, 9/1/32
|
$ | 981,500 | ||||
2,525 |
Liberty Development Corp., (Goldman Sachs Group, Inc.),
5.25%, 10/1/35(2)
|
2,472,268 | ||||||
1,500 |
New York Industrial Development Agency, (American Airlines,
Inc. - JFK International Airport), (AMT),
8.00%, 8/1/12
|
1,455,705 | ||||||
995 |
Onondaga County Industrial Development Agency, (Anheuser-Busch
Cos., Inc.), 4.875%, 7/1/41
|
859,381 | ||||||
2,500 |
Onondaga County Industrial Development Agency, (Anheuser-Busch
Cos., Inc.), (AMT), 6.25%, 12/1/34
|
2,459,175 | ||||||
775 |
Onondaga County Industrial Development Agency, (Senior Air
Cargo), (AMT), 6.125%, 1/1/32
|
580,049 | ||||||
495 |
Port Authority of New York and New Jersey, (Continental
Airlines), (AMT), 9.125%, 12/1/15
|
495,302 | ||||||
$ | 9,303,380 | |||||||
Insured-Education 6.2%
|
||||||||
$ | 1,250 |
New York Dormitory Authority, (City University), (AMBAC),
5.50%, 7/1/35
|
$ | 1,180,850 | ||||
1,500 |
New York Dormitory Authority, (State University), (BHAC),
5.00%, 7/1/38
|
1,544,160 | ||||||
5,365 |
Oneida County Industrial Development Agency, (Hamilton College),
(NPFG), 0.00%, 7/1/33
|
1,441,146 | ||||||
$ | 4,166,156 | |||||||
Insured-Electric Utilities 2.3%
|
||||||||
$ | 1,365 |
Long Island Power Authority, Electric System Revenue, (BHAC),
5.75%, 4/1/33
|
$ | 1,532,745 | ||||
$ | 1,532,745 | |||||||
Insured-General Obligations 1.4%
|
||||||||
$ | 910 |
New Rochelle City School District, (AGC), 4.00%, 11/15/21
|
$ | 944,207 | ||||
$ | 944,207 | |||||||
Insured-Lease Revenue/Certificates of
Participation 4.5%
|
||||||||
$ | 3,600 |
Hudson Yards Infrastructure Corp., (NPFG), 4.50%, 2/15/47
|
$ | 3,066,732 | ||||
$ | 3,066,732 | |||||||
Insured-Other Revenue 2.5%
|
||||||||
$ | 2,645 |
New York City Industrial Development Agency, (Yankee Stadium),
(AGC), 0.00%, 3/1/31
|
$ | 737,400 | ||||
3,625 |
New York City Industrial Development Agency, (Yankee Stadium),
(AGC), 0.00%, 3/1/32
|
950,257 | ||||||
$ | 1,687,657 | |||||||
Principal |
||||||||
Amount |
||||||||
(000s omitted) | Security | Value | ||||||
Insured-Special Tax Revenue 7.5%
|
||||||||
$ | 1,000 |
New York Convention Center Development Corp., Hotel Occupancy
Tax, (AMBAC), 4.75%, 11/15/45
|
$ | 873,120 | ||||
1,000 |
New York Convention Center Development Corp., Hotel Occupancy
Tax, (AMBAC), 5.00%, 11/15/44
|
910,520 | ||||||
4,440 |
Puerto Rico Infrastructure Financing Authority, (AMBAC),
0.00%, 7/1/34
|
710,622 | ||||||
19,745 |
Puerto Rico Sales Tax Financing Corp., (AMBAC),
0.00%, 8/1/54
|
1,085,383 | ||||||
3,380 |
Puerto Rico Sales Tax Financing Corp., (NPFG), 0.00%, 8/1/44
|
385,185 | ||||||
6,705 |
Puerto Rico Sales Tax Financing Corp., (NPFG), 0.00%, 8/1/45
|
715,759 | ||||||
4,225 |
Puerto Rico Sales Tax Financing Corp., (NPFG), 0.00%, 8/1/46
|
421,063 | ||||||
$ | 5,101,652 | |||||||
Insured-Transportation 7.5%
|
||||||||
$ | 5,250 |
Niagara Frontier Airport Authority, (Buffalo Niagara
International Airport), (NPFG), (AMT), 5.625%, 4/1/29
|
$ | 5,095,230 | ||||
$ | 5,095,230 | |||||||
Insured-Water and Sewer 1.3%
|
||||||||
$ | 1,000 |
Nassau County Industrial Development Agency, (Water Services
Corp.), (AMBAC), (AMT), 5.00%, 12/1/35
|
$ | 876,900 | ||||
$ | 876,900 | |||||||
Lease Revenue/Certificates of
Participation 4.9%
|
||||||||
$ | 2,400 |
New York City Transitional Finance Authority, (Building Aid),
4.50%, 1/15/38
|
$ | 2,239,632 | ||||
1,000 |
New York City Transitional Finance Authority, (Building Aid),
5.50%, 7/15/31
|
1,052,990 | ||||||
$ | 3,292,622 | |||||||
Other Revenue 1.5%
|
||||||||
$ | 1,285 |
Albany Industrial Development Agency, Civic Facility,
(Charitable Leadership), 5.75%, 7/1/26
|
$ | 1,019,429 | ||||
$ | 1,019,429 | |||||||
Senior Living/Life Care 3.0%
|
||||||||
$ | 1,450 |
Mount Vernon Industrial Development Agency, (Wartburg Senior
Housing, Inc.), 6.20%, 6/1/29
|
$ | 1,243,245 | ||||
900 |
Suffolk County Industrial Development Agency, (Jeffersons
Ferry Project), 5.00%, 11/1/28
|
759,267 | ||||||
$ | 2,002,512 | |||||||
Special Tax Revenue 2.4%
|
||||||||
$ | 1,000 |
New York Dormitory Authority, Personal Income Tax Revenue,
(University & College Improvements),
5.25%, 3/15/38
|
$ | 1,044,220 | ||||
545 |
Virgin Islands Public Finance Authority, 6.75%, 10/1/37
|
556,374 | ||||||
$ | 1,600,594 | |||||||
Transportation 16.8%
|
||||||||
$ | 1,685 |
Metropolitan Transportation Authority, 4.50%, 11/15/37
|
$ | 1,555,845 | ||||
3,120 |
Metropolitan Transportation Authority, 4.50%, 11/15/38
|
2,819,544 | ||||||
1,900 |
Port Authority of New York and New Jersey,
5.00%, 11/15/37(2)
|
1,964,457 | ||||||
1,190 |
Port Authority of New York and New Jersey, (AMT),
4.75%, 6/15/33
|
1,126,621 | ||||||
990 |
Port Authority of New York and New Jersey, (AMT),
5.75%, 3/15/35(2)
|
1,043,183 | ||||||
2,750 |
Triborough Bridge and Tunnel Authority, 5.25%, 11/15/34
|
2,891,157 | ||||||
$ | 11,400,807 | |||||||
Water and Sewer 10.7%
|
||||||||
$ | 585 |
Dutchess County Water and Wastewater Authority,
0.00%, 10/1/34
|
$ | 156,365 | ||||
325 |
Dutchess County Water and Wastewater Authority,
0.00%, 10/1/35
|
81,789 | ||||||
3,105 |
New York City Municipal Water Finance Authority,
5.75%, 6/15/40
|
3,394,541 |
Principal |
||||||||
Amount |
||||||||
(000s omitted) | Security | Value | ||||||
$ | 2,535 |
New York Environmental Facilities Corp., Clean Water, (Municipal
Water Finance),
5.00%, 6/15/37(2)
|
$ | 2,622,280 | ||||
1,000 |
Saratoga County Water Authority, 5.00%, 9/1/48
|
1,002,300 | ||||||
$ | 7,257,275 | |||||||
Total Tax-Exempt Investments 169.1%
(identified cost $119,592,290) |
$ | 114,522,108 | ||||||
Auction Preferred Shares Plus Cumulative Unpaid
Dividends (49.8)%
|
$ | (33,726,793 | ) | |||||
Other Assets, Less Liabilities (19.3)%
|
$ | (13,056,234 | ) | |||||
Net Assets Applicable to Common Shares 100.0%
|
$ | 67,739,081 | ||||||
The percentage shown for each investment category in the Portfolio of Investments is based on net assets applicable to common shares. | ||||||
AGC
|
- | Assured Guaranty Corp. | ||||
AMBAC
|
- | AMBAC Financial Group, Inc. | ||||
AMT
|
- | Interest earned from these securities may be considered a tax preference item for purposes of the Federal Alternative Minimum Tax. | ||||
BHAC
|
- | Berkshire Hathaway Assurance Corp. | ||||
FNMA
|
- | Federal National Mortgage Association | ||||
NPFG
|
- | National Public Finance Guaranty Corp. | ||||
The Trust invests primarily in debt securities issued by New York municipalities. The ability of the issuers of the debt securities to meet their obligations may be affected by economic developments in a specific industry or municipality. In order to reduce the risk associated with such economic developments, at August 31, 2009, 19.6% of total investments are backed by bond insurance of various financial institutions and financial guaranty assurance agencies. The aggregate percentage insured by an individual financial institution ranged from 2.2% to 9.7% of total investments. | ||||||
(1)
|
Security (or a portion thereof) has been pledged to cover margin requirements on open financial futures contracts. | |||||
(2)
|
Security represents the underlying municipal bond of an inverse floater. |
Expiration |
Aggregate |
Net Unrealized |
||||||||||||||
Date | Contracts | Position | Cost | Value | Depreciation | |||||||||||
12/09
|
60 U.S. Treasury Bond | Short | $ | (7,165,103 | ) | $ | (7,185,000 | ) | $ | (19,897 | ) |
Annual |
Floating |
|||||||||||||
Notional |
Fixed Rate |
Rate |
Effective Date/ |
Net Unrealized |
||||||||||
Counterparty | Amount | Paid By Trust | Paid To Trust | Termination Date | Depreciation | |||||||||
JPMorgan Chase Co.
|
$ | 1,600,000 | 4.743% |
3-month USD- LIBOR-BBA |
September 14, 2009 / September 14, 2039 |
$ | (181,076 | ) | ||||||
Merrill Lynch Capital Services, Inc.
|
5,200,000 | 4.517 |
3-month USD- LIBOR-BBA |
December 1, 2009 / December 1, 2039 |
(337,708 | ) | ||||||||
$ | (518,784 | ) | ||||||||||||
Aggregate cost
|
$ | 105,457,578 | ||
Gross unrealized appreciation
|
$ | 1,674,704 | ||
Gross unrealized depreciation
|
(7,760,174 | ) | ||
Net unrealized depreciation
|
$ | (6,085,470 | ) | |
| Level 1 quoted prices in active markets for identical investments | |
| Level 2 other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.) | |
| Level 3 significant unobservable inputs (including a funds own assumptions in determining the fair value of investments) |
Quoted Prices in |
||||||||||||||||
Active Markets for |
Significant Other |
Significant |
||||||||||||||
Identical Assets | Observable Inputs | Unobservable Inputs | ||||||||||||||
Asset Description
|
(Level 1) | (Level 2) | (Level 3) | Total | ||||||||||||
Tax-Exempt Investments
|
$ | | $ | 114,522,108 | $ | | $ | 114,522,108 | ||||||||
Total Investments
|
$ | | $ | 114,522,108 | $ | | $ | 114,522,108 | ||||||||
Liability Description
|
||||||||||||||||
Futures Contracts
|
$ | (19,897 | ) | $ | | $ | | $ | (19,897 | ) | ||||||
Interest Rate Swaps
|
| (518,784 | ) | | (518,784 | ) | ||||||||||
Total
|
$ | (19,897 | ) | $ | (518,784 | ) | $ | | $ | (538,681 | ) | |||||
By:
|
/s/ Cynthia J. Clemson | |||
Cynthia J. Clemson | ||||
President | ||||
Date:
|
October 26, 2009 |
By:
|
/s/ Cynthia J. Clemson | |||
Cynthia J. Clemson | ||||
President | ||||
Date:
|
October 26, 2009 | |||
By:
|
/s/ Barbara E. Campbell | |||
Barbara E. Campbell | ||||
Treasurer | ||||
Date:
|
October 26, 2009 |