BlackRock Muni New York Intermediate Duration Fund, Inc. Declares Monthly Distribution, Payable on August 1, 2019
July 01, 2019 at 10:00 pm
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BlackRock Muni New York Intermediate Duration Fund, Inc. declared a monthly distribution of $0.040000 per share. The distribution is payable on August 1, 2019 to shareholders of record on July 15, 2019, with an ex-dividend date of July 12, 2019.
BlackRock Muni New York Intermediate Duration Fund, Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund's investment objective is to provide shareholders with high current income exempt from federal income tax and New York State and New York City personal income taxes. The Fund seeks to invest at least 80% of its assets in municipal obligations exempt from federal income tax (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, it invests at least 75% of its assets in municipal obligations that are investment-grade quality at the time of investment. Under normal market conditions, it invests at least 80% of its assets in municipal obligations with a duration of 3 to 10 years. The Fund may invest directly in such securities or synthetically through the use of derivatives. The Fund's investment manager is BlackRock Advisors, LLC.