BlackRock, Inc., one of the world's leading investment management firms, has launched a closed-ended fixed income mutual fund under the name BlackRock MuniHoldings New York Quality Fund, Inc. Managed by BlackRock Advisors, LLC, the fund seeks to invest in fixed income markets, with a focus on New York municipal obligations of investment grade. These obligations, in turn, are exempt from both federal income taxes and New York State and New York City personal income taxes. BlackRock MuniHoldings New York Quality Fund, Inc. was established in the United States on September 19, 1997 and operates as a domiciled fund.