Blackrock Muni New York Intermediate Duration Fund, Inc. Reports Earnings Results for the Half Year Ended January 31, 2020
April 03, 2020 at 04:01 pm EDT
Share
BlackRock Muni New York Intermediate Duration Fund, Inc. announced earnings results for the half year ended January 31, 2020. For the half year, the company announced total revenue was USD 1.856 million. Net income was USD 2.110 million.
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.
BLACKROCK MUNI NEW YORK INTERMEDIATE DURATION FUND, INC. 
