Trent Walker
About Trent Walker
Trent Walker (born 1974) serves as Chief Financial Officer (principal financial officer) of BlackRock MuniYield New York Quality Fund, Inc. (MYN) since 2021 and is a Managing Director of BlackRock, Inc. since 2019 . Executive officers (other than the Chief Compliance Officer) receive no compensation from the Fund; the MYN fund compensates only the CCO, so Walker’s compensation is paid by BlackRock and not disclosed in MYN filings . Walker executes the fund’s Sarbanes‑Oxley certifications (Rule 30a‑2(b) and Section 906) for Form N‑CSR, evidencing responsibility for disclosure controls and financial reporting .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| BlackRock MuniYield New York Quality Fund, Inc. (MYN) | Chief Financial Officer | Since 2021 | Principal financial officer for fund reporting and controls (per SOX certifications) |
| BlackRock, Inc. | Managing Director | Since 2019 | Senior finance leadership affiliation; specific impact to MYN not separately disclosed |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Not disclosed in MYN filings | — | — | — |
Fixed Compensation
Executive officers (other than the CCO) do not receive compensation from MYN; compensation is paid by BlackRock and is not disclosed in MYN’s proxy materials.
| Component | 2022 | 2023 | 2024 | Notes |
|---|---|---|---|---|
| Base salary | N/A | N/A | N/A | Executive officers receive no compensation from MYN; CCO only |
| Target bonus % | N/A | N/A | N/A | Not disclosed at fund level |
| Actual bonus | N/A | N/A | N/A | Not disclosed at fund level |
| Cash compensation | N/A | N/A | N/A | Not disclosed; paid by BlackRock (not in fund filings) |
| Perquisites | N/A | N/A | N/A | Not disclosed in fund filings |
Performance Compensation
No fund‑level performance incentive disclosures (RSUs/PSUs/options/metric weightings) exist for executive officers; MYN does not pay executive compensation other than to the CCO.
| Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|
| Not applicable for MYN executive officers | — | — | — | — | — |
| Notes | Executive officers receive no compensation from MYN; no PSU/RSU/option metrics disclosed |
Equity Ownership & Alignment
| Item | Disclosure | Reference |
|---|---|---|
| Total beneficial ownership (Walker) | Not separately disclosed | |
| Officers & Board Members (group) | Less than 1% of outstanding common shares; none of outstanding VRDP shares (as of July 31, 2025) | |
| Shares pledged as collateral | Not disclosed | |
| Stock ownership guidelines (executives) | Not disclosed in fund filings | |
| Compliance with ownership guidelines | Not disclosed | |
| Options (exercisable/unexercisable) | Not disclosed |
Context on major holders (for trading dynamics):
- Karpus Investment Management held 2,017,756 MYN common shares (5.27%) as of Schedule 13G filed May 14, 2025 , consistent with MYN’s proxy listing Karpus at 5.27% as of August 18, 2025 .
Employment Terms
| Term | Details | Reference |
|---|---|---|
| Appointment | CFO of MYN since 2021; Managing Director at BlackRock since 2019 | |
| Compensation source | Executive officers (other than CCO) receive no compensation from the Fund | |
| Contract term, severance, change‑of‑control | Not disclosed at fund level (executive employment is with BlackRock) | |
| Indemnification | Fund indemnifies officers to the extent permitted by law, subject to exclusions (e.g., willful misfeasance, bad faith, gross negligence, reckless disregard) | |
| Service status | Officers serve at the pleasure of the Board | |
| Clawbacks / tax gross‑ups | Not disclosed in fund filings | |
| Non‑compete / non‑solicit / garden leave | Not disclosed in fund filings |
Performance & Track Record
- SOX Section 906 and Rule 30a‑2(b) certifications for Form N‑CSR were signed by Walker on March 24, 2025, affirming compliance and fair presentation of financials and disclosure controls for the period ended January 31, 2025 .
- Fund‑level TSR/revenue/EBITDA growth metrics tied to executive compensation are not disclosed for MYN executive officers; MYN does not pay executive compensation (other than CCO) .
Investment Implications
- Pay‑for‑performance alignment: Walker’s compensation is paid by BlackRock (undisclosed at MYN), so direct fund‑level pay‑for‑performance levers (PSU/TSR/EBITDA targets) are absent; investors should not expect proxy‑level incentive metrics for the CFO .
- Insider selling pressure: Officer and Board ownership as a group is <1% of outstanding common shares and no VRDP holdings, limiting alignment‑based trading signals from insider ownership; no pledging disclosures were made .
- Retention risk: Officers serve at the pleasure of the Board and are indemnified subject to limits; absence of disclosed severance/CoC terms at the fund level implies retention dynamics are governed by BlackRock employment arrangements not available in MYN filings .
- Governance/controls: Regular SOX certifications by Walker support confidence in reporting integrity; investors should monitor future N‑CSR/N‑CSRS certifications and any Item 5.02 8‑Ks for role changes .