nq.htm
As filed with the Securities and Exchange Commission on September 28, 2012
 
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
Neuberger Berman New York Intermediate Municipal Fund Inc.
c/o Neuberger Berman Management LLC
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, 2012
 
Date of reporting period: July 31, 2012
 
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, 2012
Schedule of Investments New York Intermediate Municipal Fund Inc.
(Unaudited)

Principal Amount
  
Security
      
Value†
  
($000's omitted)
       ($000's omitted)z  
   
Municipal Notes (161.7%)
  
   
Arizona (0.7%)
  
   
500
  
Verrado Comm. Fac. Dist. Number 1 G.O., Ser. 2003, 6.15%, due 7/15/17
  
501
  
California (4.7%)
  
   
3,115
  
Corona-Norca Unified Sch. Dist. G.O. Cap. Appreciation (Election 2006), Ser. 2009-C, (AGM Insured), 0.00%, due 8/1/24
  
1,919
  
   
1,470
  
Pico Rivera Pub. Fin. Au. Lease Rev., Ser. 2009, 4.75%, due 9/1/25
  
1,637
  
   
3,556
      
Guam (3.7%)
  
   
500
  
Guam Gov't  Waterworks Au. Wtr. & Wastewater Sys. Rev., Ser. 2005, 5.50%, due 7/1/16
  
528
  
   
1,000
  
Guam Gov't  Waterworks Au. Wtr. & Wastewater Sys. Rev., Ser. 2010, 5.25%, due 7/1/25
  
1,032
  
   
1,135
  
Guam Gov't Hotel Occupancy Tax Rev., Ser. 2011-A, 5.50%, due 11/1/19
  
1,287
  
   
2,847
      
Illinois (1.0%)
  
   
715
  
Bartlett Sr. Lien Tax Increment Ref. Rev. (Quarry Redev. Proj.), Ser. 2007, 5.35%, due 1/1/17
  
735
  
   
Massachusetts (1.4%)
  
   
1,000
  
Massachusetts St. HFA Hsg. Rev., Ser. 2010-C, 5.00%, due 12/1/30
  
1,047
  
   
Nevada (1.5%)
  
   
1,000
  
Las Vegas Redev. Agcy. Tax Increment Rev., Ser. 2009-A, 7.50%, due 6/15/23
  
1,147
  
   
New York (132.9%)
  
   
2,964
  
Albany IDA Civic Fac. Rev. (Charitable Leadership Foundation Ctr. for Med. Science Proj.), Ser. 2002-A, 6.00%, due 7/1/19
  
1,498
Ñ߇
   
500
  
Cattaraugus Co. IDA Civic Fac. Rev. (St. Bonaventure Univ. Proj.), Ser. 2006-A, 5.00%, due 5/1/23
  
524
ß
   
1,000
  
Dutchess Co. Local Dev. Corp. Rev. (Marist College Proj.), Ser. 2012-A, 5.00%, due 7/1/21
  
1,199
ß
   
1,000
  
Erie Co. IDA Sch. Fac. Rev. (Buffalo City Sch. Dist.), Ser. 2009-A, 5.25%, due 5/1/25
  
1,167
  
   
1,270
  
Geneva Dev. Corp. Rev. (Hobart & William Smith College Proj.), Ser. 2012, 5.00%, due 9/1/21
  
1,533
ß
   
1,500
  
Hempstead Town Local Dev. Corp. Rev. (Molloy College Proj.), Ser. 2009, 5.75%, due 7/1/23
  
1,753
ß
   
580
  
Islip, G.O., Ser. 2012, 3.00%, due 8/1/25
  
604
  
   
4,370
  
JP Morgan Chase Putters/Drivers Trust, G.O., Ser. 2012-4075, (LOC: JP Morgan Chase Bank N.A.), 0.18%, due 8/1/13
  
4,370
ñµ
   
1,050
  
Long Island Pwr. Au. Elec. Sys. Gen. Rev., Ser. 2006-E, (BHAC Insured), 5.00%, due 12/1/21
  
1,213
  
   
535
  
Lyons Comm. Hlth. Initiatives Corp. Fac. Rev., Ser. 2004, 5.50%, due 9/1/14
  
557
  
   
1,000
  
Monroe Co. IDA Civic Fac. Rev. (Highland Hosp. of Rochester), Ser. 2005, 5.00%, due 8/1/15
  
1,092
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
  
980
ß
   
1,120
  
Monroe Co. Ind. Dev. Corp. Rev. (St. John Fisher College), Ser. 2012-A, 5.00%, due 6/1/23
  
1,294
ß
   
210
  
Monroe Co. Ind. Dev. Corp. Rev. (St. John Fisher College), Ser. 2012-A, 5.00%, due 6/1/25
  
238
ß
   
1,000
  
Monroe Co. Newpower Corp. Pwr. Fac. Rev., Ser. 2003, 5.10%, due 1/1/16
  
1,026
  
   
1,000
  
Monroe Co. Pub. Imp. Ref. G.O., Ser. 1996, 6.00%, due 3/1/13
  
1,030
  
   
30
  
New York City G.O., Ser. 2002-A, 5.75%, due 8/1/16 Pre-Refunded 8/1/12
  
30
  
   
335
  
New York City G.O., Ser. 2002-A, 5.75%, due 8/1/16
  
336
  
   
100
  
New York City G.O., Ser. 2006-I3, (LOC: Bank of America N.A.), 0.17%, due 4/1/36
  
100
µ
   
950
  
New York City G.O., Ser. 2009-B, 5.00%, due 8/1/22
  
1,134
  
   
1,000
  
New York City G.O., Ser. 2009-E, 5.00%, due 8/1/21
  
1,203
  
   
4,000
  
New York City Hsg. Dev. Corp. Multi-Family Hsg. Rev., Ser. 2002-E2, 5.05%, due 11/1/23
  
4,010
  
   
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
  
1,017
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
  
1,043
ß
   
2,920
  
New York City IDA Civic Fac. Rev. (Packer Collegiate Institute Proj.), Ser. 2002, (AMBAC Insured), 5.00%, due 6/1/22
  
2,927
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
  
2,153
µß
   
960
  
New York City Muni. Wtr. Fin. Au. Wtr. & Swr. Sys. Rev., Ser. 1992-A, (AMBAC Insured), 5.88%, due 6/15/13
  
1,007
  
   
800
  
New York City Muni. Wtr. Fin. Au. Wtr. & Swr. Sys. Rev. (Second Gen. Resolution Rev. Bonds), Ser. 2006-CC2, (LOC: Bank of Nova Scotia), 0.15%, due 6/15/38
  
800
µ
   
2,025
  
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
  
2,025
  
   
900
  
New York City Transitional Fin. Au. Rev. (Future Tax Secured), Ser. 2002-A4, (LOC: TD Bank N.A.), 0.14%, due 11/1/29
  
900
µ
   
1,060
  
New York City Transitional Fin. Au. Rev. (NYC Rec.), Ser 2002-3B, (LOC: Wells Fargo Bank N.A.), 0.13%, due 11/1/22
  
1,060
µ
   
300
  
New York City Transitional Fin. Au. Rev. (NYC Rec.), Ser. 2002-1C, (LOC: JP Morgan Chase Bank N.A.), 0.17%, due 11/1/22
  
300
µ
   
660
  
New York Liberty Dev. Corp. Rev. (Nat'l Sports Museum Proj.), Ser. 2006-A, 6.13%, due 2/15/19
  
0
#‡
   
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
  
2,083
  
   
1,675
  
New York St. Dorm. Au. Insured Rev. (Long Island Univ.), Ser. 2003-A, (Radian Insured), 5.25%, due 9/1/15
  
1,679
ß
   
1,235
  
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
  
1,240
ß
   
3,000
  
New York St. Dorm. Au. Ref. Rev. (North Gen. Hosp. Proj.), Ser. 2003, 5.75%, due 2/15/17
  
3,079
ß
   
250
  
New York St. Dorm. Au. Rev. (Brookdale Hosp. Med. Ctr.), Ser. 1998-J, 5.20%, due 2/15/16
  
251
ß
   
1,115
  
New York St. Dorm. Au. Rev. (City Univ. Sys. Proj.), Ser. 1995-A, 5.63%, due 7/1/16
  
1,265
  
   
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
  
1,982
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
  
3,014
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
  
1,008
  
   
1,910
  
New York St. Dorm. Au. Rev. (SS Joachim & Anne Residence Proj.), Ser. 2002, (LOC: Allied Irish Banks), 4.60%, due 7/1/16
  
1,911
ß
   
500
  
New York St. Dorm. Au. Rev. Non St. Supported Debt (Manhattan Marymount College), Ser. 2009, 5.00%, due 7/1/24
  
551
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
  
1,043
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
  
1,810
ß
   
2,000
  
New York St. Dorm. Au. Rev. Non St. Supported Debt (North Shore-Long Island Jewish Oblig. Group), Ser. 2011-A, 4.38%, due 5/1/26
  
2,170
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
  
1,124
ß
   
920
  
New York St. Dorm. Au. Rev. Non St. Supported Debt (NYU Hosp. Ctr.), Ser. 2007-B, 5.25%, due 7/1/24
  
1,036
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
  
2,435
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
  
2,683
  
   
2,000
  
New York St. Dorm. Au. Rev. St. Personal Income Tax Rev., Ser. 2012-A, 5.00%, due 12/15/26
  
2,468
  
   
2,000
  
New York St. Env. Facs. Corp. (St. Clean Wtr. & Drinking), Ser. 2012-A, 4.00%, due 6/15/26
  
2,302
  
   
1,615
  
New York St. HFA Rev. (Affordable Hsg.), Ser. 2009-B, 4.50%, due 11/1/29
  
1,726
  
   
1,230
  
New York St. Muni. Bond Bank Agcy., Subser. 2009-B1, 5.00%, due 12/15/23
  
1,406
  
   
1,295
  
New York St. Muni. Bond Bank Agcy., Subser. 2009-B1, 5.00%, due 12/15/24
  
1,486
  
   
1,475
  
New York St. Thruway Au. Second Gen. Hwy. & Bridge Trust Fund Bonds, Ser. 2007-B, 5.00%, due 4/1/20
  
1,722
  
   
1,090
  
New York St. Thruway Au. Second Gen. Hwy. & Bridge Trust Fund Bonds, Ser. 2009-B, 5.00%, due 4/1/19
  
1,333
  
   
1,250
  
New York St. Urban Dev. Corp. Ref. Rev., Ser. 2008-D, 5.25%, due 1/1/20
  
1,503
  
   
965
  
New York St. Urban Dev. Corp. Rev. (St. Personal Income Tax), Ser. 2008-A1, 5.00%, due 12/15/23
  
1,151
  
   
1,375
  
New York Tobacco Settlement Fin. Corp., Ser. 2003-B1C, 5.50%, due 6/1/22
  
1,434
  
   
785
  
Newburgh, G.O., Ser. 2012-A, 5.00%, due 6/15/22
  
818
  
   
640
  
Niagara Area Dev. Corp. Rev. (Niagara Univ. Proj.), Ser. 2012-A, 5.00%, due 5/1/25
  
722
ß
   
300
  
Niagara Area Dev. Corp. Rev. (Niagara Univ. Proj.), Ser. 2012-A, 5.00%, due 5/1/26
  
337
ß
   
1,000
  
Onondaga Co. Trust Cultural Res. Rev. (Syracuse Univ. Proj.), Ser. 2010-B, 5.00%, due 12/1/19
  
1,205
ß
   
1,000
  
Saratoga Co. IDA Civic Fac. Rev. (Saratoga Hosp. Proj.), Ser. 2007-B, 5.00%, due 12/1/22
  
1,110
ß
   
875
  
Syracuse IDA Civic Fac. Rev. (Syracuse Univ. Proj.), Ser. 2008-A2, (LOC: JP Morgan Chase Bank N.A.), 0.14%, due 12/1/37
  
875
µß
   
1,570
  
Triborough Bridge & Tunnel Au. Oblig., Ser. 1998-A, (National Public Finance Guarantee Corp. Insured), 4.75%, due 1/1/24
  
1,693
  
   
2,000
  
Triborough Bridge & Tunnel Au. Rev., Subser. 2008-D, 5.00%, due 11/15/23
  
2,309
  
   
1,230
  
Ulster Co. Res. Rec. Agcy., Ser. 2002, (AMBAC Insured), 5.25%, due 3/1/16 Pre-Refunded 3/1/13
  
1,266
  
   
305
  
Ulster Co. Res. Rec. Agcy., Ser. 2002, (AMBAC Insured), 5.25%, due 3/1/16
  
312
  
   
1,405
  
United Nations Dev. Corp. Rev., Ser. 2009-A, 5.00%, due 7/1/22
  
1,635
  
   
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
  
1,005
µß
   
100,819
      
Pennsylvania (2.5%)
  
   
2,000
  
Pennsylvania St. Turnpike Commission Turnpike Rev. (Cap. Appreciation), Subser. 2010-B2, 0.00%, due 12/1/34
  
1,915
b
   
Puerto Rico (10.1%)
  
   
2,000
  
Puerto Rico Commonwealth Aqueduct & Swr. Au. Sr. Lien Rev., Ser. 2012-A, 4.25%, due 7/1/25
  
1,998
  
   
1,500
  
Puerto Rico Commonwealth Gov't Dev. Bank, Ser. 1985, (National Public Finance Guarantee Corp. Insured), 4.75%, due 12/1/15
  
1,530
  
   
1,050
  
Puerto Rico Commonwealth Ref. G.O. (Pub. Imp.), Ser. 2001-A, (XLCA Insured), 5.50%, due 7/1/17
  
1,181
  
   
750
  
Puerto Rico Elec. Pwr. Au. Pwr. Rev., Ser. 2010-XX, 5.25%, due 7/1/35
  
774
  
   
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
  
1,062
ß
   
1,000
  
Puerto Rico Sales Tax Fin. Corp. Sales Tax Rev., Subser. 2009-A, 5.00%, due 8/1/24
  
1,132
  
   
7,677
      
Tennessee (0.7%)
  
   
500
  
Tennessee  St. Energy Acquisition Corp. Gas Rev., Ser. 2006-A, 5.25%, due 9/1/23
  
554
  
   
Texas (2.5%)
  
   
1,750
  
Love Field Arpt. Modernization Corp. Spec. Fac. Rev. (Southwest Airlines Co. Proj.), Ser. 2010, 5.25%, due 11/1/40
  
1,883
ß
 
Total Investments (161.7%) (Cost $118,642)
  
122,681
##
    
 
Cash, receivables and other assets, less liabilities (1.9%)
  
1,430
    
 
Liquidation Value of Auction Market Preferred Shares [(63.6%)]
  
(48,250
 )  
 
Total Net Assets Applicable to Common Shareholders (100.0%)
$      75,861
      
 

See Notes to Schedule of Investments
 
 
 
 
 
Notes to Schedule of Investments

†
In accordance with Accounting Standards Codification (“ASC”) 820 “Fair Value Measurements and Disclosures” (“ASC 820”), all investments held by each of 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”) (each individually a “Fund” and collectively, the “Funds”) are carried at the value that Neuberger Berman Management LLC (“Management”) believes 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 valuing the Funds’ investments, some of which are discussed below. Significant management judgment may be necessary to value investments in accordance with ASC 820.

ASC 820 established a three-tier hierarchy of inputs to create a classification of 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 a Fund’s 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 value of the Funds’ investments in municipal securities is determined by 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 various 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 (generally Level 2 inputs). Other Level 2 inputs used by an independent pricing service to value municipal securities include current trades, bid-wanted lists (which informs the market that a holder is interested in selling a position and that offers will be considered), offerings, general information on market movement, direction, trends, and specific data on specialty issues.

Management has developed a process to periodically review information provided by independent pricing services for all types of securities.

If a valuation is not available from an independent pricing service, or if Management has reason to believe that the valuation received does not represent the amount a Fund might reasonably expect to receive on a current sale in an orderly transaction, the applicable Fund seeks to obtain quotations from principal market makers (generally considered Level 3 inputs). 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 based on Level 2 or 3 inputs, 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.

 
The following is a summary, categorized by Level, of inputs used to value the Funds’ investments as of July 31, 2012:

Asset Valuation Inputs
        
(000’s omitted)
Level 1
Level 2
Level 3
Total
California
        
Investments:
        
Municipal Notes^
$—
$146,602
$—
$146,602
Total Investments
—
146,602
—
146,602
Intermediate
        
Investments:
        
Municipal Notes^
—
472,771
—
472,771
Total Investments
—
472,771
—
472,771
New York
        
Investments:
        
Municipal Notes^
—
122,681
—
122,681
Total Investments
—
122,681
—
122,681

^      The Schedule of Investments provides information on the state categorization for the portfolio.

The Funds had no transfers between Levels 1 and 2 during the period ended July 31, 2012.

##
At July 31, 2012, 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
$139,138
$7,719
$255
$7,464
Intermediate
438,144
37,065
2,438
34,627
New York
118,645
6,415
2,379
4,036

ß
Security is guaranteed by the corporate or non-profit obligor.

ñ
Securities were purchased under Rule 144A of the Securities Act of 1933, as amended (the “1933 Act”), or are private placements and, unless registered under the 1933 Act or exempted from registration, may only be sold to qualified institutional investors. These securities have been deemed by the investment manager to be liquid. At July 31, 2012, these securities amounted to approximately $7,500,000 or 8.6% of net assets applicable to common shareholders for California, $1,800,000 or 0.6% of net assets applicable to common shareholders for Intermediate and $4,370,000 or 5.8% of net assets applicable to common shareholders for New York.

Ñ
These securities have been deemed by the investment manager to be illiquid. At July 31, 2012, these securities amounted to $1,498,000 or 2.0% of net assets applicable to common shareholders for New York.

Ø
All or a portion of this security was purchased on a when-issued basis.  At July 31, 2012, these securities amounted to $1,548,000 or 1.8% of net assets applicable to common shareholders for California and $1,099,000 or 0.4% of net assets applicable to common shareholders for Intermediate.

ØØ
All or a portion of this security is segregated in connection with obligations for when-issued security purchase commitments.

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, 2012, and at their final maturity dates.

b
Currently a zero coupon security; will convert to 6.00% on December 1, 2015.

c
Currently a zero coupon security; will convert to 6.50% on December 1, 2015.

d
Currently a zero coupon security; will convert to 5.50% on August 1, 2021.

e
Currently a zero coupon security; will convert to 6.38% on August 1, 2016.

f
Currently a zero coupon security; will convert to 6.38% on August 1, 2019.

g
Currently a zero coupon security; will convert to 6.13% on August 1, 2023.

h
Currently a zero coupon security; will convert to 6.75% on August 1, 2015.

i
Currently a zero coupon security; will convert to 6.88% on August 1, 2019.

j
Currently a zero coupon security; will convert to 7.30% on August 1, 2026.

k
Security is subject to a guarantee provided by Bayerische Landesbank, backing 100% of the total principal.

z
A zero balance may reflect actual amounts rounding to less than $1,000.


 
For information on the Funds’ significant accounting policies, please refer to the Funds’ most recent shareholder reports.
 
 
 

‡
Security had an event of default.

#
Securities were purchased under Rule 144A of the 1933 Act or are private placements and, unless registered under the 1933 Act or exempted from registration, may only be sold to qualified institutional investors. These securities have been deemed by the investment manager to be illiquid.

At July 31, 2012, these securities amounted to approximately $2,429,000 or 0.8% of net assets applicable to common shareholders for Intermediate and approximately $0 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, 2012
 
 
 
 
 
 
Fair Value Percentage of Net Assets Applicable to Common Shareholders as of July 31, 2012
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%
 
 
 
$0
 
 
 
0.0%
 
 
Non-Profit Pfd. Fdg. Trust I, Ser. 2006-C, 4.72%, due 9/15/37
 
 
10/2/2006
 
 
3,000
 
 
1.0
 
 
2,429
 
 
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
 
 
 
0
 
 
 
0.0%
 



 
For information on the Funds’ significant accounting policies, please refer to the Funds’ 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 28, 2012
 
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 28, 2012
 
By: /s/ John M. McGovern            
John M. McGovern
Treasurer and Principal Financial
and Accounting Officer

Date: September 28, 2012