UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM N-Q

 

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY

 

 

Investment Company Act file number 811-21346

 

Name of Fund: BlackRock Muni New York Intermediate Duration Fund, Inc. (MNE)

Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809

 

Name and address of agent for service: John M. Perlowski, Chief Executive Officer, BlackRock Muni New York Intermediate Duration Fund, Inc., 55 East 52nd Street, New York, NY 10055

 

Registrant’s telephone number, including area code: (800) 882-0052, Option 4

 

Date of fiscal year end: 07/31/2014

 

Date of reporting period: 10/31/2013

 

Item 1 – Schedule of Investments

 
 
Schedule of Investments October 31, 2013 (Unaudited)

BlackRock Muni New York Intermediate Duration Fund, Inc. (MNE)

(Percentages shown are based on Net Assets)

   
Municipal Bonds Par
(000)		   Value  

New York — 131.1%

Corporate  — 11.4%  
County of Essex Industrial Development Agency, Refunding RB, International Paper Co. Project, Series A, AMT, 5.20%, 12/01/23 $ 1,000 $ 1,015,120  
County of Jefferson New York Industrial Development Agency, Refunding RB, Solid Waste Disposal, International Paper Co. Project, Series A, AMT, 5.20%, 12/01/20   500   500,070  
New York City Industrial Development Agency, RB, British Airways PLC Project, AMT, 7.63%, 12/01/32   1,000   1,004,700  
New York City Industrial Development Agency, Refunding RB, Terminal One Group Association Project, AMT (a):          
  5.50%, 1/01/18   1,000   1,087,180  
  5.50%, 1/01/21   250   269,895  
  5.50%, 1/01/24   1,000   1,074,930  
New York State Energy Research & Development Authority, Refunding RB (NPFGC):          
  Brooklyn Union Gas/Keyspan, Series A, AMT, 4.70%, 2/01/24   500   518,885  
  Rochester Gas & Electric Corp., Series C, 5.00%, 8/01/32 (a)   1,000   1,086,950  
Niagara Area Development Corp., Refunding RB, Solid Waste Disposal Facility, Covanta Energy Project, Series B, 4.00%, 11/01/24   500   460,880  
   
    7,018,610  
 
County/City/Special District/School District  — 21.2%  
Amherst Development Corp., Refunding RB, University at Buffalo Foundation Faculty-Student Housing Corp., Series A (AGM), 4.00%, 10/01/24   1,000   1,031,380  
City of New York New York, GO, Refunding:          
  Series E, 5.00%, 8/01/27   600   667,662  
  Series E, 5.00%, 8/01/30   500   542,335  
  Series H, 5.00%, 8/01/25   1,000   1,146,690  
  Series J, 5.00%, 8/01/23   2,000   2,360,620  
             
Municipal Bonds Par
(000)		   Value  

New York (continued)

County/City/Special District/School District (concluded)  
City of New York New York, GO:          
  Sub-Series A-1, 5.00%, 8/01/33 $ 700 $ 750,169  
  Sub-Series F-1, 5.00%, 3/01/29   250   273,787  
  Sub-Series G-1, 5.00%, 4/01/29   750   815,415  
  Sub-Series I-1, 5.13%, 4/01/25   750   844,860  
Hudson Yards Infrastructure Corp., RB, Series A, 5.75%, 2/15/47   1,000   1,059,300  
New York City Industrial Development Agency, RB, PILOT, Queens Baseball Stadium (AMBAC), 5.00%, 1/01/31   1,500   1,367,475  
New York City Industrial Development Agency, Refunding RB, Transportation Infrastructure Properties LLC, Series A, AMT, 5.00%, 7/01/22   500   514,490  
New York Convention Center Development Corp., RB, Hotel Unit Fee Secured (AMBAC), 5.00%, 11/15/35   120   120,875  
New York Liberty Development Corp., Refunding RB, Liberty, 4 World Trade Center Project, 5.00%, 11/15/31   1,000   1,034,080  
United Nations Development Corp., Refunding RB, Series A, 4.25%, 7/01/24   500   525,010  
   
    13,054,148  
 
Education  — 23.0%  
Buffalo & County of Erie Industrial Land Development Corp., Refunding RB, Buffalo State College Foundation Housing, 6.00%, 10/01/31   1,000   1,117,030  
Build NYC Resource Corp., RB:          
  5.00%, 4/01/33   750   696,270  
  3.88%, 4/15/23   505   461,525  
County of Madison Capital Resource Corp., Refunding RB, Colgate University Project, Series A, 5.00%, 7/01/33   650   706,543  
County of Monroe Industrial Development Corp., Refunding RB, Series A, 5.00%, 7/01/30   1,000   1,076,140  
           
BLACKROCK MUNI NEW YORK INTERMEDIATE DURATION FUND, INC.OCTOBER 31, 20131
 
Schedule of Investments (continued)

BlackRock Muni New York Intermediate Duration Fund, Inc. (MNE)

(Percentages shown are based on Net Assets)

 

Municipal Bonds Par
(000)		   Value  

New York (continued)

Education (concluded)  
County of Nassau Industrial Development Agency, Refunding RB, New York Institute of Technology Project, Series A, 5.00%, 3/01/21 $ 1,000 $ 1,101,160  
County of Schenectady Industrial Development Agency, Refunding RB, Union College Project, 5.00%, 7/01/26   1,000   1,084,060  
County of Schenectady New York Capital Resource Corp., Refunding RB, Union College, 5.00%, 7/01/32   940   996,908  
County of Suffolk Industrial Development Agency, Refunding RB, New York Institute of Technology Project, 5.25%, 3/01/21   600   615,738  
New York State Dormitory Authority, RB:          
  Convent of the Sacred Heart (AGM), 4.00%, 11/01/18   880   980,778  
  Convent of the Sacred Heart (AGM), 5.00%, 11/01/21   120   134,980  
  Fordham University, Series A, 5.25%, 7/01/25   500   563,030  
  Mount Sinai School of Medicine, 5.50%, 7/01/25   1,000   1,099,260  
  Mount Sinai School of Medicine, Series A (NPFGC), 5.15%, 7/01/24   570   627,906  
New York State Dormitory Authority, Refunding RB:          
  Pace University, Series A, 5.00%, 5/01/24   850   895,568  
  State University Facilities, Series A, 5.25%, 7/01/30   1,050   1,149,025  
  Teachers College, Series A, 5.00%, 7/01/31   375   397,144  
  The Culinary Institute of America, 5.00%, 7/01/28   500   516,295  
   
    14,219,360  
 
Health  — 20.0%  
County of Dutchess Industrial Development Agency, RB, Vassar Brothers Medical Center (AGC), 5.00%, 4/01/21   215   245,429  
County of Dutchess Local Development Corp., Refunding RB, Health Quest System, Inc., Series A (AGM), 5.25%, 7/01/25   1,000   1,096,690  
           
Municipal Bonds Par
(000)		   Value  

New York (continued)

Health (continued)  
County of Erie New York Industrial Development Agency, RB, Episcopal Church Home, Series A, 5.88%, 2/01/18 $ 530 $ 530,753  
County of Genesee Industrial Development Agency, Refunding RB, United Memorial Medical Center Project, 4.75%, 12/01/14   150   150,167  
County of Suffolk Industrial Development Agency, Refunding RB, Jefferson’s Ferry Project, 4.63%, 11/01/16   800   865,048  
County of Westchester Healthcare Corp., Refunding RB, Senior Lien:          
  Series A, Remarketing, 5.00%, 11/01/24   910   984,065  
  Series A, Remarketing, 5.00%, 11/01/30   250   255,958  
  Series B, 6.00%, 11/01/30   240   262,920  
County of Westchester Industrial Development Agency, RB, Special Needs Facilities Pooled Program, Series D-1, 6.80%, 7/01/19   515   515,201  
County of Westchester Local Development Corp., Refunding RB, Kendal On Hudson Project:          
  3.00%, 1/01/18   500   515,835  
  4.00%, 1/01/23   480   475,910  
New York City Industrial Development Agency, RB, PSCH, Inc. Project, 6.20%, 7/01/20   1,415   1,376,554  
New York State Dormitory Authority, RB:          
  New York State Association for Retarded Children, Inc., Series A, 5.30%, 7/01/23   450   491,890  
  New York University Hospitals Center, Series A, 5.00%, 7/01/22   1,000   1,109,480  
  New York University Hospitals Center, Series B, 5.25%, 7/01/24   380   404,430  
  North Shore-Long Island Jewish Obligated Group, Series A, 5.25%, 5/01/25   780   785,717  
             
BLACKROCK MUNI NEW YORK INTERMEDIATE DURATION FUND, INC.OCTOBER 31, 20132
 
Schedule of Investments (continued)

BlackRock Muni New York Intermediate Duration Fund, Inc. (MNE)

(Percentages shown are based on Net Assets)

 

Municipal Bonds Par
(000)		   Value  

New York (continued)

Health (concluded)  
New York State Dormitory Authority, Refunding RB:          
  Mount Sinai Hospital Obligated Group, Series A, 4.25%, 7/01/23 $ 250 $ 261,433  
  North Shore-Long Island Jewish Obligated Group, Series A, 5.00%, 5/01/32   500   511,290  
  North Shore-Long Island Jewish Obligated Group, Series E, 5.00%, 5/01/22   650   710,183  
Yonkers Industrial Development Agency, RB, Sacred Heart Association Project, Series A, AMT (SONYMA), 4.80%, 10/01/26   750   758,205  
   
    12,307,158  
 
Housing  — 6.5%  
New York City Housing Development Corp., RB, Series H-2-A, AMT, 5.00%, 11/01/30   780   784,462  
New York Mortgage Agency, Refunding RB, AMT:          
  Homeowner Mortgage, Series 130, 4.75%, 10/01/30   2,500   2,500,575  
  Series 133, 4.95%, 10/01/21   230   234,140  
  Series 143, 4.85%, 10/01/27   500   504,200  
   
    4,023,377  
 
State  —14.6%  
Long Beach City School District, GO, 4.00%, 5/01/24   500   531,460  
Metropolitan Transportation Authority, Refunding RB, Dedicated Tax Fund, Series B, 5.25%, 11/15/25   750   866,550  
New York City Transitional Finance Authority, BARB, Fiscal 2009, Series S-3, 5.00%, 1/15/23   575   661,497  
           
Municipal Bonds Par
(000)		   Value  

New York (continued)

State (concluded)  
New York State Dormitory Authority, RB:          
  Haverstraw King's Daughters Public Library, 5.00%, 7/01/26 $ 1,015 $ 1,117,292  
  Municipal Health Facilities Improvement Program, 5.00%, 1/15/27   600   646,974  
  Series D, 5.00%, 3/15/31   500   527,410  
  Series F, 5.00%, 3/15/30   1,290   1,337,278  
New York State Dormitory Authority, Refunding RB, Department of Health of the State of New York, Series A (CIFG), 5.00%, 7/01/25   1,500   1,590,555  
New York State Thruway Authority, RB, Transportation, Series A, 5.00%, 3/15/32   250   268,963  
New York State Thruway Authority, Refunding RB, Series A-1, 5.00%, 4/01/22   1,000   1,150,870  
New York State Urban Development Corp., RB, State Personal Income Tax, General Purpose, Series A, 3.50%, 3/15/28   305   299,910  
       
    8,998,759  
 
Transportation  — 22.2%  
Metropolitan Transportation Authority, RB:          
  Series A, 5.00%, 11/15/27   1,000   1,079,750  
  Series A (NPFGC), 5.00%, 11/15/16 (b)   990   1,123,472  
  Series A (NPFGC), 5.00%, 11/15/24   1,010   1,124,736  
  Series B (NPFGC), 5.25%, 11/15/19   860   1,018,868  
  Series H, 5.00%, 11/15/30   500   528,275  
  Sub-Series B-1, Remarketed, 5.00%, 11/15/24   460   525,720  
  Sub-Series B-4, Remarketed, 5.00%, 11/15/24   300   342,861  
Metropolitan Transportation Authority, Refunding RB, Series F, 5.00%, 11/15/30   500   528,275  
New York State Thruway Authority, Refunding RB, General, Series I, 5.00%, 1/01/37   1,000   1,032,410  
               
BLACKROCK MUNI NEW YORK INTERMEDIATE DURATION FUND, INC.OCTOBER 31, 20133
 
Schedule of Investments (continued)

BlackRock Muni New York Intermediate Duration Fund, Inc. (MNE)

(Percentages shown are based on Net Assets)

 

Municipal Bonds Par
(000)		   Value  

New York (concluded)

Transportation (concluded)  
Port Authority of New York & New Jersey, ARB, JFK International Air Terminal LLC Project, 5.00%, 12/01/20 $ 1,000 $ 1,070,030  
Port Authority of New York & New Jersey, Refunding RB, Consolidated, AMT:          
  138th, 4.75%, 12/01/30   205   207,689  
  152nd, 5.00%, 11/01/23   500   546,645  
  152nd, 5.00%, 11/01/24   1,000   1,087,910  
Triborough Bridge & Tunnel Authority, Refunding RB, Series A:          
  5.00%, 11/15/22   525   619,894  
  5.00%, 11/15/24   2,000   2,309,040  
  5.00%, 1/01/27   500   556,605  
       
    13,702,180  
 
Utilities  — 12.2%  
Long Island Power Authority, Refunding RB:          
  Series A, 5.50%, 4/01/24   500   552,810  
  Series D (NPFGC), 5.00%, 9/01/25   2,000   2,174,500  
New York City Municipal Water Finance Authority, Refunding RB:          
  Series DD, 5.00%, 6/15/32   500   525,410  
  Series EE, 5.00%, 6/15/34   3,000   3,194,310  
New York State Environmental Facilities Corp., Refunding RB, NYC Municipal Water, 5.00%, 6/15/31   1,000   1,083,540  
       
    7,530,570  
 
Total Municipal Bonds in New York   80,854,162  

Puerto Rico — 2.6%

Housing  — 2.6%  
Puerto Rico Housing Finance Authority, Refunding RB, Subordinate, Capital Fund Modernization, 5.13%, 12/01/27   1,570   1,568,995  
 
Total Municipal Bonds — 133.7%   82,423,157  
 
 
 
Municipal Bonds Transferred to Tender Option Bond (TOB) Trusts (c) Par
(000)		   Value  

New York — 21.2%

County/City/Special District/School District  — 10.9%  
 
City of New York New York, GO:          
  Sub-Series B-1, 5.25%, 9/01/22 $ 750 $ 861,608  
  Sub-Series I-1, 5.50%, 4/01/21   1,499   1,751,808  
City of New York New York, Refunding RB, GO, Series E, 5.25%, 8/01/22   2,000   2,394,600  
New York State Urban Development Corp., Refunding RB, Service Contracts, Series B, 5.00%, 1/01/21   1,499   1,702,818  
       
    6,710,834  
 
Transportation  — 5.1%  
Port Authority of New York & New Jersey, RB, Consolidated, Series 169, AMT:          
  5.00%, 10/15/21   2,000   2,337,040  
  5.00%, 10/15/26   750   808,448  
       
    3,145,488  
 
Utilities  — 5.2%  
New York City Municipal Water Finance Authority, Refunding RB, Water & Sewer System:          
  2nd General Resolution, Fiscal 2011, Series HH, 5.00%, 6/15/32   1,560   1,663,662  
  Series A, 4.75%, 6/15/30   1,500   1,568,595  
   
    3,232,257  
 
Total Municipal Bonds Transferred to Tender Option Bond (TOB) Trusts — 21.2%   13,088,579  
 
Total Long-Term Investments
(Cost — $92,630,332) — 154.9%		   95,511,736  
 
 
    Shares      
BIF New York Municipal Money Fund, 0.00% (d)(e)   853,306   853,306  
 
Total Short-Term Securities
(Cost — $853,306) — 1.4%		   853,306  
 
               
BLACKROCK MUNI NEW YORK INTERMEDIATE DURATION FUND, INC.OCTOBER 31, 20134
 
Schedule of Investments (continued)

BlackRock Muni New York Intermediate Duration Fund, Inc. (MNE)

(Percentages shown are based on Net Assets)

 

 
    Value  
Total Investments
(Cost — $93,483,638*) — 156.3%		 $ 96,365,042
Other Assets Less Liabilities — 2.3%   1,437,850
Liability for TOB Trust Certificates, Including Interest Expense and Fees Payable — (10.6%)   (6,538,310 )
VRDP Shares, at Liquidation Value — (48.0%)   (29,600,000 )
Net Assets Applicable to Common Shares — 100.0% $ 61,664,582  
               
* As of October 31, 2013, gross unrealized appreciation and depreciation based on cost for federal income tax purposes were as follows:

 

Tax cost $ 87,263,491  
Gross unrealized appreciation $ 4,055,459  
Gross unrealized depreciation   (1,491,660 )
Net unrealized appreciation $ 2,563,799  
 

Notes to Schedule of Investments

(a) Variable rate security. Rate shown is as of report date.
(b) US 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.
(c) Represent bonds transferred to a TOB. In exchange the Fund acquired residual interest certificates. These bonds serve as collateral in a financing transaction.
(d) Investments in issuers considered to be an affiliate of the Fund during the period ended October 31, 2013, for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:
     
 
  Affiliate   Shares
Held at
July 31, 2013		   Net
Activity		   Shares
Held at
October 31, 2013		   Income  
 
  BIF New York Municipal Money Fund   802,542   50,764   853,306   —  
                                           
 

 

(e) Represents the current yield as of report date.

Portfolio Abbreviations

To simplify the listings of portfolio holdings in the Schedule of Investments, the names and descriptions of many of the securities have been abbreviated according to the following list:

 

AGC Assured Guarantee Corp.
AGM Assured Guaranty Municipal Corp.
AMBAC American Municipal Bond Assurance Corp.
AMT Alternative Minimum Tax (subject to)
ARB Airport Revenue Bonds
BARB Building Aid Revenue Bonds
CIFG CDC IXIS Financial Guaranty
GO General Obligation Bonds
NPFGC National Public Finance Guarantee Corp.
PILOT Payment in Lieu of Taxes
RB Revenue Bonds
SONYMA State of New York Mortgage Agency

 

BLACKROCK MUNI NEW YORK INTERMEDIATE DURATION FUND, INC.OCTOBER 31, 20135
 
Schedule of Investments (continued)

BlackRock Muni New York Intermediate Duration Fund, Inc. (MNE)

 

• Financial futures contracts as of October 31, 2013 were as follows:
 
Contracts
Sold		 Issue Exchange Expiration Notional
Value		   Unrealized
Depreciation		  
 
(25) 10-Year US Treasury Note Chicago Board of Trade December
2013		 $ 3,183,984    $ (1,980)  
                 
• For Fund compliance purposes, the Fund’s sector classifications refer to any 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 Fund management. These definitions may not apply for purposes of this report, which may combine such sector sub-classifications for reporting ease.
   
• Fair Value Measurements — Various inputs are used in determining the fair value of investments and derivative financial instruments. These inputs to valuation techniques are categorized into a disclosure 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 Fund 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 Fund's own assumptions used in determining the fair value of investments and derivative 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.

Changes in valuation techniques may result in transfers into or out of an assigned level within the disclosure hierarchy. In accordance with the Fund's policy, transfers between different levels of the fair value disclosure hierarchy are deemed to have occurred as of the beginning of the reporting period. The categorization of a value determined for investments and derivative financial instruments is based on the pricing transparency of the investment and derivative financial instrument and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund's policy regarding valuation of investments and derivative financial instruments, please refer to the Fund's most recent financial statements as contained in its annual report.

The following tables summarize the Fund's investments and derivative financial instruments categorized in the disclosure hierarchy as of October 31, 2013:

 

  Level 1   Level 2   Level 3   Total
Assets:  
Investments:
  Long-Term Investments1   — $ 95,511,736   — $ 95,511,736     
  Short-Term Securities $ 853,306   —   —   853,306
Total $ 853,306 $ 95,511,736   — $ 96,365,042    
                               
1   See above Schedule of Investments for values in each sector.

 

BLACKROCK MUNI NEW YORK INTERMEDIATE DURATION FUND, INC.OCTOBER 31, 20136
 
Schedule of Investments (concluded)

BlackRock Muni New York Intermediate Duration Fund, Inc. (MNE)

 

  Level 1   Level 2   Level 3   Total
Derivative Financial Instruments 2
Liabilities:
Interest rate contracts $ (1,980)   —   — $ (1,980)
                             
2    Derivative financial instruments are financial futures contracts, which are valued at the unrealized appreciation/depreciation on the instrument.

 

Certain of the Fund's assets and/or liabilities are held at carrying amount, which approximates fair value for financial reporting purposes. As of October 31, 2013, such assets and/or liabilities are categorized within the disclosure hierarchy as follows:  
 
  Level 1   Level 2   Level 3   Total  
 
Assets:    
  Cash pledged for financial futures contracts $ 45,000   —   — $ 45,000  
Liabilities:    
  TOB trust certificates   — $ (6,537,752)   —   (6,537,752)  
  VRDP Shares   —   (29,600,000)   —   (29,600,000)  
   
 
Total $ 45,000 $ (36,137,752)   — $ (36,092,752)  
 
                                   
There were no transfers between levels during the period ended October 31, 2013.

 

BLACKROCK MUNI NEW YORK INTERMEDIATE DURATION FUND, INC.OCTOBER 31, 20137
 

Item 2 – Controls and Procedures

2(a) – The registrant's principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the ″1940 Act″)) are effective as of a date within 90 days of the filing of this report based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rule 13a-15(b) under the Securities Exchange Act of 1934, as amended.
2(b) – There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrant's last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.

Item 3 – Exhibits

  Certifications – Attached hereto
  Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
     
  BlackRock Muni New York Intermediate Duration Fund, Inc.
     
  By: /s/ John M. Perlowski
    John M. Perlowski
    Chief Executive Officer (principal executive officer) of
    BlackRock Muni New York Intermediate Duration Fund, Inc.
     
  Date: December 23, 2013
     
  Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
     
  By: /s/ John M. Perlowski
    John M. Perlowski
    Chief Executive Officer (principal executive officer) of
    BlackRock Muni New York Intermediate Duration Fund, Inc.
     
  Date: December 23, 2013
     
  By: /s/ Neal J. Andrews
    Neal J. Andrews
    Chief Financial Officer (principal financial officer) of
  BlackRock Muni New York Intermediate Duration Fund, Inc.
     
  Date: December 23, 2013