Fund Description: The BlackRock New York Municipal Bond Trust is an exchange-traded closed-end fund or a closed-end ETF which is officially described as a non-diversified, closed-end management investment company. INVESTMENT OBJECTIVE: The BlackRock New York Municipal Bond Trust seeks to provide current income exempt from regular federal income taxes and New York State and New York City personal income taxes. TRUST STRATEGY: The Trust will invest primarily in municipal bonds exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax) and New York State and New York City personal income taxes. Under normal market conditions, the Trust invests at least 80% of its assets in municipal bonds that are investment grade quality at the time of investment. The Trust may invest directly in such securities or synthetically through the use of derivatives. The Trust invests in sectors, including health, education, county/city/special district/school district, transportation, housing and utilities. TRUST MANAGEMENT: BlackRock Advisors, LLC serves as the Trust’s investment advisor. BlackRock Financial Management, Inc. serves as the Trust’s sub-advisor