n-q.htm
As filed with the Securities and Exchange Commission on September 29, 2010
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
 
FORM N-Q
 
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF
REGISTERED MANAGEMENT INVESTMENT COMPANIES
 
Investment Company Act file number: 811-21169
 
NEUBERGER BERMAN NEW YORK INTERMEDIATE MUNICIPAL FUND INC.
(Exact Name of the Registrant as Specified in Charter)
c/o Neuberger Berman Management LLC
605 Third Avenue, 2nd Floor
New York, New York 10158-0180
(Address of Principal Executive Offices – Zip Code)
 
Registrant's telephone number, including area code: (212) 476-8800
 
Robert Conti, Chief Executive Officer and President
c/o Neuberger Berman Management LLC
Neuberger Berman New York Intermediate Municipal Fund Inc.
605 Third Avenue, 2nd Floor
New York, New York 10158-0180
 
Arthur C. Delibert, Esq.
K&L Gates LLP
1601 K Street, N.W.
Washington, D.C. 20006-1600
(Names and addresses of agents for service)
 
Date of fiscal year end: October 31, 2010
 
Date of reporting period: July 31, 2010
 
Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission not later than 60 days after the close of their first and third fiscal quarters, pursuant to Rule 30b1-5 under the Investment Company Act of 1940 (“1940 Act”) (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.
 
A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 100 F Street, NE, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.
 
 
 
 

 

 
Item 1. Schedule of Investments.


JULY 31, 2010


Schedule of Investments New York Intermediate Municipal Fund Inc.
(UNAUDITED)

Principal Amount
 
Security @
     
Value
 
($000's omitted)
       
($000's omitted)
 
Arizona (0.6%)
 
   
500
 
Verrado Comm. Fac. Dist. Number 1 G.O., Ser. 2003, 6.15%, due 7/15/17
 
483
 
California (4.0%)
 
   
3,115
 
Corona-Norca Unified Sch. Dist. G.O. Cap. Appreciation (Election 2006), Ser. 2009-C, (AGM Insured), 0.00%, due 8/1/24
 
1,476
 
   
1,470
 
Pico Rivera Pub. Fin. Au. Lease Rev., Ser. 2009, 4.75%, due 9/1/25
 
1,484
 
   
2,960
     
Guam (0.7%)
 
   
500
 
Guam Gov't Waterworks Au. Wtr. & Wastewater Sys. Rev., Ser. 2005, 5.50%, due 7/1/16
 
522
 
Illinois (1.2%)
 
   
910
 
Bartlett Sr. Lien Tax Increment Ref. Rev. (Quarry Redev. Proj.), Ser. 2007, 5.35%, due 1/1/17
 
884
 
Nevada (1.6%)
 
   
1,000
 
Las Vegas Redev. Agcy. Tax Increment Rev., Ser. 2009-A, 7.50%, due 6/15/23
 
1,155
 
New York (144.6%)
 
   
3,000
 
Albany IDA Civic Fac. Rev. (Charitable Leadership Foundation Ctr. for Med. Science Proj.), Ser. 2002-A, 6.00%, due 7/1/19
 
2,624
ß
   
500
 
Cattaraugus Co. IDA Civic Fac. Rev. (St. Bonaventure Univ. Proj.), Ser. 2006-A, 5.00%, due 5/1/23
 
504
ß
   
1,000
 
Dutchess Co. IDA Civic Fac. Ref. Rev. (Marist College Proj.), Ser. 2003-A, 5.15%, due 7/1/17
 
1,060
ß
   
1,000
 
Erie Co. IDA Sch. Fac. Rev. (Buffalo City Sch. Dist.), Ser. 2009-A, 5.25%, due 5/1/25
 
1,105
 
   
1,500
 
Hempstead Town Local Dev. Corp. Rev. (Molloy College Proj.), Ser. 2009, 5.75%, due 7/1/23
 
1,696
ß
   
1,050
 
Long Island Pwr. Au. Elec. Sys. Gen. Rev., Ser. 2006-E, (BHAC Insured), 5.00%, due 12/1/21
 
1,187
 
   
700
 
Lyons Comm. Hlth. Initiatives Corp. Fac. Rev., Ser. 2004, 5.50%, due 9/1/14
 
754
 
   
1,000
 
Monroe Co. IDA Civic Fac. Rev. (Highland Hosp. Rochester), Ser. 2005, 5.00%, due 8/1/15
 
1,084
ß
   
980
 
Monroe Co. IDA Std. Hsg. Rev. (Collegiate Hsg. Foundation - Rochester Institute of Technology Proj.), Ser. 1999-A, 5.25%, due 4/1/19
 
948
ß
   
1,000
 
Monroe Co. Newpower Corp. Pwr. Fac. Rev., Ser. 2003, 5.10%, due 1/1/16
 
1,029
 
   
1,000
 
Monroe Co. Pub. Imp. Ref. G.O., Ser. 1996, 6.00%, due 3/1/13
 
1,112
 
   
1,125
 
Nassau Co. IDA Continuing Care Retirement (The Amsterdam Harborside), Ser. 2007-A, 5.88%, due 1/1/18
 
1,157
ß
   
1,000
 
New York City G.O., Ser. 2002-A, 5.75%, due 8/1/16
 
1,087
 
   
100
 
New York City G.O., Ser. 2006-I3, (LOC: Bank of America), 0.30%, due 4/1/36
 
100
µ
   
950
 
New York City G.O., Ser. 2009-B, 5.00%, due 8/1/22
 
1,069
 
   
1,000
 
New York City G.O., Ser. 2009-E, 5.00%, due 8/1/21
 
1,136
 
   
1,410
 
New York City Hlth. & Hosp. Corp. Rev., Ser. 2002-A, (AGM Insured), 5.50%, due 2/15/13
 
1,493
 
   
4,000
 
New York City Hsg. Dev. Corp. Multi-Family Hsg. Rev., Ser. 2002-E2, 5.05%, due 11/1/23
 
4,033
 
   
1,000
 
New York City IDA Civic Fac. Rev. (Lycee Francais de New York Proj.), Ser. 2002-A, (ACA Insured), 5.50%, due 6/1/15
 
1,057
ß
   
1,030
 
New York City IDA Civic Fac. Rev. (Lycee Francais de New York Proj.), Ser. 2002-A, (ACA Insured), 5.50%, due 6/1/17
 
1,071
ß
   
2,920
 
New York City IDA Civic Fac. Rev. (Packer Collegiate Institute Proj.), Ser. 2002, (AMBAC Insured), 5.00%, due 6/1/22
 
3,021
ß
   
750
 
New York City IDA Liberty Rev. (7 World Trade Ctr., LLC Proj.), Ser. 2005-A, 6.25%, due 3/1/15
 
746
ß
   
2,000
 
New York City IDA Spec. Fac. Rev. (Term. One Group Assoc. Proj.), Ser. 2005, 5.50%, due 1/1/19 Putable 1/1/16
 
2,121
µß
   
960
 
New York City Muni. Wtr. Fin. Au. Wtr. & Swr. Sys. Rev., Ser. 1992-A, (AMBAC Insured), 5.88%, due 6/15/13
 
1,105
 
   
215
 
New York City Transitional Fin. Au. Ref. Rev. (Future Tax), Ser. 2002-C, (AMBAC Insured), 5.25%, due 8/1/17
 
234
 
   
500
 
New York City Transitional Fin. Au. Rev., Subser. 2002-2F, (LOC: Bayerische Landesbank), 0.26%, due 11/1/22
 
500
µ
   
2,000
 
New York City Transitional Fin. Au. Rev. (Future Tax Secured), Ser. 2001-B, (LOC: Landesbank Baden-Wurttemberg), 0.26%, due 2/1/31
 
2,000
µ
   
1,810
 
New York City Transitional Fin. Au. Rev. (Future Tax Secured), Ser. 2002-C, (AMBAC Insured), 5.25%, due 8/1/17 Pre-Refunded 8/1/12
 
1,989
 
   
660
 
New York Liberty Dev. Corp. Rev. (Nat'l Sports Museum Proj.), Ser. 2006-A, 6.13%, due 2/15/19
 
2
#‡
   
2,000
 
New York St. Dorm. Au. Court Fac. Lease Rev. (New York City Issue), Ser. 2003-A, 5.50%, due 5/15/17 Pre-Refunded 5/15/13
 
2,278
 
   
1,675
 
New York St. Dorm. Au. Insured Rev. (Long Island Univ.), Ser. 2003-A, (Radian Insured), 5.25%, due 9/1/15
 
1,726
ß
   
1,600
 
New York St. Dorm. Au. Insured Rev. (The Culinary Institute of America), Ser. 1999, (National Public Finance Guarantee Corp. Insured), 5.38%, due 7/1/15
 
1,613
ß
   
3,000
 
New York St. Dorm. Au. Ref. Rev. (North Gen. Hosp. Proj.), Ser. 2003, 5.75%, due 2/15/17
 
3,202
ß
   
250
 
New York St. Dorm. Au. Rev. (Brookdale Hosp. Med. Ctr.), Ser. 1998-J, 5.20%, due 2/15/16
 
251
ß
   
1,125
 
New York St. Dorm. Au. Rev. (City Univ. Sys. Proj.), Ser. 1995-A, 5.63%, due 7/1/16
 
1,289
 
   
1,000
 
New York St. Dorm. Au. Rev. (Lenox Hill Hosp. Oblig. Group Proj.), Ser. 2001, 5.75%, due 7/1/14
 
1,030
ß
   
1,000
 
New York St. Dorm. Au. Rev. (Lenox Hill Hosp. Oblig. Group Proj.), Ser. 2001, 5.75%, due 7/1/16
 
1,023
ß
   
1,980
 
New York St. Dorm. Au. Rev. (New York Med. College Proj.), Ser. 1998, (National Public Finance Guarantee Corp. Insured), 5.00%, due 7/1/21
 
1,980
ß
   
500
 
New York St. Dorm. Au. Rev. (North Shore-Long Island Jewish Oblig. Group), Ser. 2003, 5.00%, due 5/1/18
 
514
ß
   
2,855
 
New York St. Dorm. Au. Rev. (Rivington House Hlth. Care Fac.), Ser. 2002, (SONYMA Insured), 5.25%, due 11/1/15
 
3,066
ß
   
2,410
 
New York St. Dorm. Au. Rev. (Rochester Institute of Technology Proj.), Ser. 2002-A, (AMBAC Insured), 5.25%, due 7/1/19
 
2,562
ß
   
1,000
 
New York St. Dorm. Au. Rev. (Sch. Dist. Financing Proj.), Ser. 2002-A, (National Public Finance Guarantee Corp. Insured), 5.75%, due 10/1/17
 
1,067
 
   
3,000
 
New York St. Dorm. Au. Rev. (SS Joachim & Anne Residence Proj.), Ser. 2002, (LOC: Allied Irish Bank), 4.60%, due 7/1/16
 
2,994
ß
   
500
 
New York St. Dorm. Au. Rev. Non St. Supported Debt (Manhattan Marymount College), Ser. 2009, 5.00%, due 7/1/24
 
510
ß
   
900
 
New York St. Dorm. Au. Rev. Non St. Supported Debt (Montefiore Med. Ctr.), Ser. 2008, (FHA Insured), 5.00%, due 8/1/21
 
965
ß
   
1,595
 
New York St. Dorm. Au. Rev. Non St. Supported Debt (Mount Sinai Sch. of Medicine), Ser. 2009, 5.25%, due 7/1/24
 
1,693
ß
   
1,000
 
New York St. Dorm. Au. Rev. Non St. Supported Debt (NYU Hosp. Ctr.), Ser. 2006-A, 5.00%, due 7/1/20
 
1,032
ß
   
1,030
 
New York St. Dorm. Au. Rev. Non St. Supported Debt (NYU Hosp. Ctr.), Ser. 2007-B, 5.25%, due 7/1/24
 
1,069
ß
   
2,000
 
New York St. Dorm. Au. Rev. Non St. Supported Debt (St. John's Univ.), Ser. 2007-C, (National Public Finance Guarantee Corp. Insured), 5.25%, due 7/1/19
 
2,291
ß
   
2,600
 
New York St. Dorm. Au. Rev. St. Personal Income Tax Rev., Ser. 2003-A, 5.38%, due 3/15/17 Pre-Refunded 3/15/13
 
2,932
 
   
5,000
 
New York St. Energy Res. & Dev. Au. Fac. Rev. (Consolidated Edison Co. of New York, Inc. Proj.), Ser. 2001, 4.70%, due 6/1/36 Putable 10/1/12
 
5,012
µß
   
1,615
 
New York St. HFA Rev. (Affordable Hsg.), Ser. 2009-B, 4.50%, due 11/1/29
 
1,617
 
   
2,000
 
New York St. Mtge. Agcy. Homeowner Mtge. Rev., Ser. 1997-67, 5.70%, due 10/1/17
 
2,002
 
   
1,230
 
New York St. Muni. Bond Bank Agcy., Subser. 2009-B1, 5.00%, due 12/15/23
 
1,362
 
   
1,295
 
New York St. Muni. Bond Bank Agcy., Subser. 2009-B1, 5.00%, due 12/15/24
 
1,421
 
   
1,475
 
New York St. Thruway Au. Second Gen. Hwy. & Bridge Trust Fund Bonds, Ser. 2007-B, 5.00%, due 4/1/20
 
1,666
 
   
1,090
 
New York St. Thruway Au. Second Gen. Hwy. & Bridge Trust Fund Bonds, Ser. 2009-B, 5.00%, due 4/1/19
 
1,274
 
   
250
 
New York St. Urban Dev. Corp. Correctional & Youth Fac. Svc. Rev., Ser. 2002-C, 4.00%, due 1/1/20 Putable 1/1/11
 
253
µ
   
1,250
 
New York St. Urban Dev. Corp. Ref. Rev., Ser. 2008-D, 5.25%, due 1/1/20
 
1,445
 
   
965
 
New York St. Urban Dev. Corp. Rev. (St. Personal Income Tax), Ser. 2008-A1, 5.00%, due 12/15/23
 
1,075
 
   
1,375
 
New York Tobacco Settlement Fin. Corp., Ser. 2003-B1C, 5.50%, due 6/1/22
 
1,491
 
   
2,000
 
Niagara Co. IDA Civic Fac. Rev. (Niagara Univ. Proj.), Ser. 2001-A, (Radian Insured), 5.50%, due 11/1/16
 
2,088
ß
   
1,000
 
Onondaga Co. Trust Cultural Res. Rev. (Syracuse Univ. Proj.), Ser. 2010-B, 5.00%, due 12/1/19
 
1,186
ß
   
3,000
 
Port Au. of NY & NJ Rev. Consolidated Bonds, Ser. 2002, (AMBAC Insured), 5.50%, due 12/15/12
 
3,300
 
   
1,000
 
Saratoga Co. IDA Civic Fac. Rev. (Saratoga Hosp. Proj.), Ser. 2007-B, 5.00%, due 12/1/22
 
1,002
ß
   
1,570
 
Triborough Bridge & Tunnel Au. Oblig., Ser. 1998-A, (National Public Finance Guarantee Corp. Insured), 4.75%, due 1/1/24
 
1,582
 
   
2,000
 
Triborough Bridge & Tunnel Au. Rev., Subser. 2008-D, 5.00%, due 11/15/23
 
2,238
 
   
1,535
 
Ulster Co. Res. Rec. Agcy. Solid Waste Sys. Ref. Rev., Ser. 2002, (AMBAC Insured), 5.25%, due 3/1/16
 
1,646
 
   
1,405
 
United Nations Dev. Corp. Rev., Ser. 2009-A, 5.00%, due 7/1/22
 
1,548
 
   
1,000
 
Westchester Co. IDA Continuing Care Retirement Comm. Rev. (Kendal on Hudson Proj.), Ser. 2003-B, 6.50%, due 1/1/34 Putable 1/1/13
 
1,003
µß
   
855
 
Yonkers IDA Civic Fac. Rev. (Comm. Dev. Properties-Yonkers, Inc.), Ser. 2001-A, 6.25%, due 2/1/16 Pre-Refunded 2/1/11
 
880
ß
   
107,202
     
Pennsylvania (2.0%)
 
   
2,000
 
Pennsylvania St. Turnpike Commission Turnpike Rev. (Cap. Appreciation), Subser. 2010-B2, 0.00%, due 12/1/34
 
1,483
g
Puerto Rico (8.9%)
 
   
1,500
 
Puerto Rico Commonwealth Gov't Dev. Bank, Ser. 1985, (National Public Finance Guarantee Corp. Insured), 4.75%, due 12/1/15
 
1,562
 
   
1,050
 
Puerto Rico Commonwealth Ref. G.O. (Pub. Imp.), Ser. 2001-A, (XLCA Insured), 5.50%, due 7/1/17
 
1,144
 
   
750
 
Puerto Rico Elec. Pwr. Au. Pwr. Rev., Ser. 2010-XX, 5.25%, due 7/1/35
 
755
 
   
1,060
 
Puerto Rico Ind. Tourist Ed. Med. & Env. Ctrl. Fac. Rev. (Polytechnic Univ. of Puerto Rico Proj.), Ser. 2002-A, (ACA Insured), 5.25%, due 8/1/16
 
1,068
ß
   
1,000
 
Puerto Rico Sales Tax Fin. Corp. Sales Tax Rev., Subser. 2009-A, 5.00%, due 8/1/24
 
1,035
 
   
1,000
 
Puerto Rico Sales Tax Fin. Corp. Sales Tax Rev., Subser. 2009-A, 5.00%, due 8/1/39 Pre-Refunded 8/1/11
 
1,047
µ
   
6,611
     
             
 
Total Investments (163.6%) (Cost $118,408)
 
121,300
##
   
           
 
Cash, receivables and other assets, less liabilities (1.5%)
 
1,082
   
           
 
Liquidation Value of Auction Market Preferred Shares [(65.1%)]
 
(48,250)
   
           
 
Total Net Assets Applicable to Common Shareholders (100.0%)
$74,132
     
 
See Notes to Schedule of Investments
 
 
 
 

 

July 31, 2010 (Unaudited)

Notes to Schedule of Investments
The value of investments in securities by Neuberger Berman California Intermediate Municipal Fund Inc. (“California”), Neuberger Berman Intermediate Municipal Fund Inc. (“Intermediate”), and Neuberger Berman New York Intermediate Municipal Fund Inc. (“New York”) (individually a “Fund”, and collectively, the “Funds”) is determined by Neuberger Berman Management LLC (“Management”) primarily by obtaining valuations from independent pricing services based on readily available bid quotations, or if quotations are not available, by methods which include considerations such as: yields or prices of securities of comparable quality, coupon, maturity and type; indications as to values from dealers; and general market conditions. Management has developed a process to periodically review information provided by independent pricing services. If a valuation is not available from an independent pricing service or if Management has reason to believe that the valuation does not represent the amount a Fund might reasonably expect to receive on a current sale in an orderly transaction, the Fund seeks to obtain quotations from principal market makers. If such quotations are not readily available, the security is valued using methods the Fund’s Board of Directors (each Fund’s Board of Directors, a “Board”) has approved on the belief that they reflect fair value. Numerous factors may be considered when determining the fair value of a security, including available analyst, media or other reports, trading in futures or ADRs and whether the issuer of the security being fair valued has other securities outstanding. Fair value prices are necessarily estimates, and there is no assurance that such a price will be at or close to the price at which the security is next quoted or next trades. Short-term debt securities with less than 60 days until maturity may be valued at cost which, when combined with interest earned, is expected to approximate market value.
 
In accordance with Accounting Standards Codification (“ASC”) 820 “Fair Value Measurements and Disclosures” (“ASC 820”), all investments held by a fund are carried at “fair value” as defined by ASC 820. Under ASC 820 fair value is defined as the price that a fund would receive upon selling an investment in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment under current market conditions. Various inputs, including the volume and level of activity for the asset or liability in the market, are considered in determining the value of the Funds’ investments, some of which are discussed above. Significant management judgement may be necessary to estimate fair value in accordance with ASC 820.
 
In addition to defining fair value, ASC 820 established a three-tier hierarchy of inputs to establish a classification of fair value measurements for disclosure purposes. The three-tier hierarchy of inputs is summarized in the three broad Levels listed below.
 
Level 1 – quoted prices in active markets for identical investments
 
Level 2 – other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, amortized cost, etc.)
 
Level 3 – significant unobservable inputs (including the Funds’ own assumptions in determining the fair value of investments)

 
The inputs or methodology used for valuing an investment are not necessarily an indication of the risk associated with investing in those securities.
   
 
The following is a summary, by category of Level, of inputs used to value the Funds’ investments as of July 31, 2010:

Asset Valuation Inputs
       
         
(000’s omitted)
Level 1
Level 2
Level 3
Total
California
       
Investments:
       
Municipal Notes^
$—
$139,964
$—
$139,964
Total Investments
$—
$139,964
$—
$139,964
Intermediate
       
Investments:
       
Municipal Notes^
$—
$450,420
$—
$450,420
Total Investments
$—
$450,420
$—
$450,420
New York
       
Investments:
       
Municipal Notes^
$—
$121,300
$—
$121,300
Total Investments
$—
$121,300
$—
$121,300

^
The Schedule of Investments provides information on the state categorization for the portfolio.
 
For information on the Fund’s significant accounting policies, please refer to the Fund’s most recent shareholder reports.
 

 

##
At July 31, 2010, selected fund information on a U.S. federal income tax basis was as follows:
 
 
 
(000’s omitted)
 
 
Cost
 
Gross Unrealized Appreciation
 
Gross Unrealized Depreciation
Net Unrealized
Appreciation    
(Depreciation)   
         
California
$135,972
$4,686     
$694     
$3,992     
Intermediate
434,793
20,820     
5,193     
15,627     
New York
118,411
4,185     
1,296     
2,889     


@
At time of investment, municipal securities purchased by the Funds are within the four highest rating categories (with respect to at least 80% of total assets) assigned by a nationally recognized statistical rating organization (“NRSRO”) such as Moody’s Investors Service, Inc., Standard & Poor’s, or Fitch, Inc. or, where not rated, are determined by Management to be of comparable quality. Approximately 72%, 61%, and 64% of the municipal securities held by California, Intermediate, and New York, respectively, have credit enhancement features backing them, on which a Fund may rely, such as letters of credit, insurance, or guarantees. Without these credit enhancement features the securities may or may not meet the quality standards of the Funds. Pre-refunded bonds are supported by securities in escrow issued or guaranteed by the U.S. Government, its agencies, or instrumentalities. The amount escrowed is sufficient to pay the periodic interest due and the principal of these bonds. Putable bonds give a Fund the right to sell back the issue on the date specified.
ß
Security is guaranteed by the corporate or non-profit obligor.
µ
Floating rate securities are securities whose yields vary with a designated market index or market rate. These securities are shown at their current rates as of July 31, 2010 and their final maturities.
a
Security is subject to a guarantee provided by Bayerische Landesbank, backing 100% of the total principal.
b
Currently a zero coupon security; will convert to 5.50% on August 1, 2021.
c
Currently a zero coupon security; will convert to 6.38% on August 1, 2016.
d
Currently a zero coupon security; will convert to 6.38% on August 1, 2019.
e
Currently a zero coupon security; will convert to 6.13% on August 1, 2023.
f
Currently a zero coupon security; will convert to 6.88% on August 1, 2019.
g
Currently a zero coupon security; will convert to 6.00% on December 1, 2015.
Security is in default.
#
Restricted security subject to restrictions on resale under federal securities laws. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers under Rule 144A under the Securities Act of 1933, as amended, and have been deemed by the investment manager to be illiquid and restricted. At July 31, 2010, these securities amounted to approximately $2,261,970 or 0.8% of net assets applicable to common shareholders for Intermediate and approximately $1,980 or 0.0% of net assets applicable to common shareholders for New York.

 
 
 
 
 
 
 
 
 
(000’s omitted)
 
 
 
 
 
 
 
 
 
Restricted Security
 
 
 
 
 
 
 
 
Acquisition
Date
 
 
 
 
 
 
 
 
Acquisition
Cost
 
Acquisition
Cost
Percentage of
Net Assets
Applicable to
Common Shareholders
as of
Acquisition
Date
 
 
 
 
 
 
 
 
Value as of
July 31, 2010
 
 
Fair Value
Percentage of
Net Assets
Applicable to
Common Shareholders
as of July 31,
2010
Intermediate
New York Liberty Dev. Corp. Rev. (Nat’l Sports Museum Proj.), Ser. 2006-A, 6.13%, due 2/15/19
8/4/2006
$1,100
0.4%
$3
0.0%
 
             
 
Non-Profit Pfd. Fdg. Trust I, Ser. 2006-C, 4.72%, due 9/15/37
10/2/2006
3,000
1.0
2,259
0.8
             
New York
New York Liberty Dev. Corp. Rev. (Nat’l Sports Museum Proj.), Ser. 2006-A, 6.13%, due 2/15/19
8/4/2006
660
0.9
2
0.0
 
For information on the Fund’s significant accounting policies, please refer to the Fund’s most recent shareholder reports.
 
 
 

 
 
Item 2. Controls and Procedures.
 
(a)
Based on an evaluation of the disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (“1940 Act”)), as of a date within 90 days of the filing date of this document, the Chief Executive Officer and Treasurer and Principal Financial and Accounting Officer of the Registrant have concluded that such disclosure controls and procedures are effectively designed to ensure that information required to be disclosed by the Registrant on Form N-CSR and Form N-Q is accumulated and communicated to the Registrant’s management to allow timely decisions regarding required disclosure.
 
(b)
There were no significant changes in the Registrant’s internal controls 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
 
The certifications required by Rule 30a-2(a) of the 1940 Act are filed herewith.
 
 
 

 
 
SIGNATURES
 
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.
 
Neuberger Berman New York Intermediate Municipal Fund Inc.
 
By:  /s/ Robert Conti   
  Robert Conti 
  Chief Executive Officer
 
Date: September 27, 2010
 
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/ Robert Conti 
  Robert Conti 
  Chief Executive Officer
 
Date: September 27, 2010
 
By:  /s/ John M. McGovern  
  John M. McGovern
 
Treasurer and Principal Financial
and Accounting Officer
 
Date: September 27, 2010