Fund Description: BlackRock Muni New York Intermediate Duration Fund, formerly Muni New York Intermediate Duration Fund, Inc., is an exchange-traded closed-end fund or a closed-end ETF which is officially described as a non-diversified, closed-end management investment company. INVESTMENT OBJECTIVE: The BlackRock Muni New York Intermediate Duration Fund to provide stockholders with high current income exempt from Federal income tax and New York State and New York City personal income taxes. FUND STRATEGY: The Fund seeks to achieve its objective by investing, as a fundamental policy, at least 80% of its net assets (including assets acquired from the sale of preferred stock), plus the amount of any borrowings for investment purposes, in a portfolio of municipal obligations the interest on which, in the opinion of bond counsel to the issuer, is exempt from Federal income tax and New York State and New York City personal income taxes. Under normal market conditions, the Fund expects to invest at least 75% of its total assets in municipal obligations that are rated investment grade or, if unrated, are considered by the Fund's investment adviser to be of comparable quality. The Fund may invest up to 25% of its total assets in municipal obligations that are rated below investment grade (commonly known as junk bonds) or, if unrated, are considered by the Fund's investment adviser to possess similar credit characteristics. The Fund may invest directly in such securities or synthetically through the use of derivatives. FUND MANAGEMENT: BlackRock Advisors LLC is the Fund's investment advisor and BlackRock Financial Management, Inc. serves as the sub-advisor.