As filed with the Securities and Exchange Commission on July 6, 2018

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

FORM N-CSR

CERTIFIED SHAREHOLDER REPORT OF

REGISTERED MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number: 811-21169

(Exact name of registrant as specified in charter)

c/o Neuberger Berman Investment Advisers LLC

1290 Avenue of the Americas

New York, New York 10104-0002

(Address of principal executive offices – Zip Code)

Registrant's telephone number, including area code: (212) 476-8800

Joseph V. Amato

Chief Executive Officer and President

Neuberger Berman New York Intermediate Municipal Fund Inc.

c/o Neuberger Berman Investment Advisers LLC

1290 Avenue of the Americas
New York, New York 10104-0002

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

Date of reporting period: April 30, 2018

Form N-CSR is to be used by management investment companies to file reports with the Commission not later than 10 days after the transmission to stockholders of any report that is required to be transmitted to stockholders under Rule 30e-1 under the Investment Company Act of 1940, as amended (“Act”) (17 CFR 270.30e-1). The Commission may use the information provided on Form N-CSR in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-CSR, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-CSR 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 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. Report to Stockholders.

Following is a copy of the semi-annual report transmitted to stockholders pursuant to Rule 30e-1 under the Act.

 

				Neuberger Berman Intermediate Municipal Closed-End Funds   Neuberger Berman California Intermediate Municipal Fund Inc. Neuberger Berman Intermediate Municipal Fund Inc. Neuberger Berman New York Intermediate Municipal Fund Inc.
				Semi-Annual Report April 30, 2018

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				Contents
				President’s Letter	1
				PORTFOLIO COMMENTARIES	2
				SCHEDULES OF INVESTMENTS
				California Intermediate Municipal Fund Inc.	6
				Intermediate Municipal Fund Inc.	12
				New York Intermediate Municipal Fund Inc.	23
				FINANCIAL STATEMENTS	29
				FINANCIAL HIGHLIGHTS/PER SHARE DATA
				California Intermediate Municipal Fund Inc.	40
				Intermediate Municipal Fund Inc.	41
				New York Intermediate Municipal Fund Inc.	42
				Distribution Reinvestment Plan for each Fund	45
				Directory	48
				Proxy Voting Policies and Procedures	49
				Quarterly Portfolio Schedule	49
				Privacy Notice	Located after the Funds’ Report

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President’s Letter

Dear Stockholder,

I am pleased to present this semi-annual report for Neuberger Berman California Intermediate Municipal Fund Inc. (NBW), Neuberger Berman Intermediate Municipal Fund Inc. (NBH), and Neuberger Berman New York Intermediate Municipal Fund Inc. (NBO and, together with NBW and NBH, the “Funds”) for the six months ended April 30, 2018. The report includes portfolio commentaries, listings of the Funds’ investments and their unaudited financial statements for the reporting period.

Each Fund’s investment objective is to provide a high level of current income exempt from regular federal income tax and, for each state-specific Fund, a high level of current income exempt from that state’s personal income taxes (and, in the case of NBO, New York City personal income tax).

We maintain a conservative investment philosophy and disciplined investment process in an effort to provide you with tax-exempt current income over the long term with less volatility and risk.

On April 16, 2018, NBH decreased its monthly distribution rate to $0.06244 per share of common stock from the prior monthly distribution rate of $0.0675 per share. NBW decreased its monthly distribution rate to $0.04480 per share of common stock from the prior monthly distribution rate of $0.0512 per share. NBO decreased its monthly distribution rate to $0.03933 per share of common stock from the prior monthly distribution rate of $0.0437 per share. The Funds’ decrease in distribution rates is the result of numerous factors, including the current level of yields available in the municipal market and the impact on the Funds’ levels of earnings, expected increased costs of leverage associated with forecasted interest-rate hikes and the amount of available undistributed net investment income, and with respect to NBW and NBO, the lack thereof.

Thank you for your confidence in the Funds. We will continue to do our best to earn your trust in the years to come.

Sincerely,

Robert Conti
President and CEO
Neuberger Berman California Intermediate Municipal Fund Inc.
Neuberger Berman Intermediate Municipal Fund Inc.
Neuberger Berman New York Intermediate Municipal Fund Inc.

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Neuberger Berman Intermediate Municipal Closed-End Funds Portfolio Commentaries

For six months ended April 30, 2018, on a net asset value (NAV) basis, two of the three Neuberger Berman Intermediate Municipal Closed-End Funds outperformed their benchmark, the Bloomberg Barclays 10-Year Municipal Bond Index (the Index). The California Intermediate Municipal Fund, Intermediate Municipal Fund and New York Intermediate Municipal Fund posted -1.14%, -0.93% and -2.02% total returns, respectively, whereas the benchmark generated a -1.53% total return for the same period. (Fund performance on a market basis is provided in the table immediately following this commentary.) The use of leverage (typically a performance enhancer in up markets and a detractor during market retreats) detracted from performance given the negative price return for the municipal market during the reporting period.

While it produced a negative total return, the municipal bond market outperformed the taxable bond market on a relative basis during the reporting period. Municipal securities were supported by overall positive fundamentals, as well as by solid investor demand at times. However, this wasn’t enough to overcome the negative impact from rising Treasury yields. Short-term yields moved higher as the U.S. Federal Reserve (Fed) raised interest rates twice over the period and continued reducing its balance sheet. Meanwhile, longer-term Treasury yields moved higher given expectations of improving growth following the passage of the tax reform bill and, more recently, concerns that the Fed may take a more aggressive approach in terms of future rate hikes. All told, the Bloomberg Barclays Municipal Bond Index returned -0.97% for the six months ended April 30, 2018, whereas the overall taxable investment grade bond market, as measured by the Bloomberg Barclays U.S. Aggregate Bond Index, returned -1.87%.

The Funds’ yield curve positioning contributed to performance as the curve flattened over the reporting period. The Funds maintained a lower quality relative to that of the benchmark as they sought to generate additional yield. This was positive for results given the relative outperformance of lower quality bonds. From a sector perspective, an overweight to revenue bonds added to results as they largely outperformed general obligation bonds. In particular, an overweight and security selection of tobacco securitization bonds contributed to performance. On the downside, several of the Funds’ holdings experienced idiosyncratic risks that caused them to generate weak results.

Looking ahead, we believe investors are rightly focused on the potential for rising rates—both inflation and interest—and the implications this may have for fixed income portfolios going forward. Specific to the municipal bond market, we believe that technicals continue to look promising for 2018. In our opinion, significantly-reduced new issue supply should help maintain demand for municipal products. At this time, we also believe that the modest reduction in top marginal tax brackets should have little impact on demand from most individual investors in the tax-exempt market. That said, we have seen a reduction in demand from U.S. banks, and property & casualty insurance companies, as some of these institutions process the impact of the cut in the corporate tax rate to 21%. Elsewhere, we continue to track the progress on the Trump administration’s infrastructure spending proposals. We believe that there are significant challenges for the current proposals and are skeptical that the proposals will lead to a meaningful increase in municipal supply this year. We continue to closely follow the primary and secondary markets in order to seek attractive buying opportunities for our investors.

Sincerely,

James L. Iselin and S. Blake Miller
Portfolio Co-Managers

The portfolio composition, industries and holdings of each Fund are subject to change without notice.

The opinions expressed are those of the Funds’ portfolio managers. The opinions are as of the date of this report and are subject to change without notice.

The value of securities owned by a Fund, as well as the market value of shares of the Fund’s common stock, may decline in response to certain events, including those directly involving the issuers whose securities are owned by the Fund; conditions affecting the general economy; overall market changes; local, regional, national or global political, social or economic instability; regulatory or legislative developments; price and interest rate fluctuations, including those resulting from changes in central bank policies; and changes in investor sentiment.

2

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3

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Endnotes

1		A portion of each Fund’s income may be a tax preference item for purposes of the federal alternative minimum tax for certain stockholders.
2		Returns based on the NAV of each Fund.
3		Returns based on the market price of shares of each Fund’s common stock on the NYSE American.
4		Please see “Description of Index” on page 5 for a description of the index.

For more complete information on any of the Neuberger Berman Intermediate Municipal Closed-End Funds, call Neuberger Berman Investment Advisers LLC at (800) 877-9700, or visit our website at www.nb.com.

4

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Please note that the index does not take into account any fees and expenses or any tax consequences of investing in the individual securities that it tracks and that individuals cannot invest directly in any index. Data about the performance of this index are prepared or obtained by Management and include reinvestment of all income dividends and other distributions, if any. Each Fund may invest in securities not included in the above described index and generally does not invest in all securities included in the index.

5

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Schedule of Investments California Intermediate Municipal Fund Inc.

(Unaudited) April 30, 2018

PRINCIPAL AMOUNT				VALUE
(000’s omitted)				(000’s omitted)
Municipal Notes 173.4%
American Samoa 0.7%
$	600		American Samoa Econ. Dev. Au. Gen. Rev. Ref., Ser. 2015-A, 6.25%, due 9/1/29	$	577
California 155.9%
	1,000		Bay Area Toll Au. Toll Bridge Rev., Ser. 2013-S-4, 5.00%, due 4/1/27 Pre-Refunded 4/1/23		1,136
	1,500		Bay Area Toll Au. Toll Bridge Rev. (San Francisco Bay Area), Ser. 2012, 5.00%, due 4/1/21		1,633
			California Ed. Facs. Au. Ref. Rev. (Univ. of Redlands)
	250		Ser. 2016-A, 5.00%, due 10/1/28		289
	260		Ser. 2016-A, 3.00%, due 10/1/29		257
	400		Ser. 2016-A, 3.00%, due 10/1/30		390
	1,000		California Hlth. Facs. Fin. Au. Rev. (Children’s Hosp. Los Angeles), Ser. 2012-A, 5.00%, due 11/15/26		1,089
	1,000		California Infrastructure & Econ. Dev. Bank St. Sch. Fund Lease Rev. (King City Joint Union High Sch.		1,057
			Dist. Fin.), Ser. 2010, 5.13%, due 8/15/24
	1,000		California Muni. Fin. Au. Charter Sch. Lease Rev. (Sycamore Academy Proj.), Ser. 2014, 5.63%,		1,017	(a)(b)
			due 7/1/44
	500		California Muni. Fin. Au. Charter Sch. Lease Rev. (Vista Charter Middle Sch. Proj.), Ser. 2014, 5.13%,		526	(b)
			due 7/1/29
	255		California Muni. Fin. Au. Charter Sch. Rev. (John Adams Academics Proj.), Ser. 2015-A, 4.50%,		258
			due 10/1/25
	1,000		California Muni. Fin. Au. Charter Sch. Rev. (Palmdale Aerospace Academy Proj.), Ser. 2016, 5.00%,		1,042	(a)
			due 7/1/31
	500		California Muni. Fin. Au. Rev. (Baptist Univ.), Ser. 2015-A, 5.00%, due 11/1/30		539	(a)
			California Muni. Fin. Au. Rev. (Biola Univ.)
	375		Ser. 2013, 4.00%, due 10/1/25		400
	410		Ser. 2013, 4.00%, due 10/1/26		436
	455		Ser. 2013, 4.00%, due 10/1/27		483
	600		California Muni. Fin. Au. Rev. (Southwestern Law Sch.), Ser. 2011, 6.00%, due 11/1/26		669
			California Muni. Fin. Au. Rev. (Touro College & Univ. Sys. Obligated Group)
	605		Ser. 2014-A, 4.00%, due 1/1/27		625
	630		Ser. 2014-A, 4.00%, due 1/1/28		648
	330		Ser. 2014-A, 4.00%, due 1/1/29		338
	400		California Sch. Fac. Fin. Au. Rev. (Alliance College - Ready Pub. Sch. Proj.), Ser. 2015-A, 5.00%,		446	(a)
			due 7/1/30
			California Sch. Fac. Fin. Au. Rev. (KIPP LA Proj.)
	400		Ser. 2017-A, 4.00%, due 7/1/23		421	(a)
	435		Ser. 2014-A, 4.13%, due 7/1/24		452
	375		Ser. 2017-A, 5.00%, due 7/1/25		422	(a)
	130		Ser. 2017-A, 5.00%, due 7/1/27		149	(a)
	2,195		California St. Dept. of Veterans Affairs Home Purchase Ref. Rev., Ser. 2016-A, 3.00%, due 6/1/29		2,137
			California St. Dept. of Wtr. Res. Ctr. Valley Proj. Rev. (Wtr. Sys.)
	15		Ser. 2012-AN, 5.00%, due 12/1/21		17
	540		Ser. 2012-AN, 5.00%, due 12/1/21		598
			California St. Dept. of Wtr. Res. Pwr. Supply Rev.
	1,240		Ser. 2010-L, 5.00%, due 5/1/22 Pre-Refunded 5/1/20		1,317
	760		Ser. 2010-L, 5.00%, due 5/1/22		807
	1,500		California St. G.O., Ser. 2012, 5.00%, due 2/1/27		1,649
	965		California St. G.O. (Kindergarten Univ.), (LOC: State Street Bank & Trust Co.), Ser. 2004, 1.20%,		965	(c)
			due 5/1/34
	1,000		California St. Infrastructure & Econ. Dev. Bank Rev. (Goodwill Industries of Sacramento Valley & No.		969	(a)
			Proj.), Ser. 2016-A, 5.00%, due 1/1/36
	2,000		California St. Poll. Ctrl. Fin. Au. Rev. (San Jose Wtr. Co. Proj.), Ser. 2016, 4.75%, due 11/1/46		2,124
	750		California St. Poll. Ctrl. Fin. Au. Solid Waste Disp. Rev. (Aemerage Redak Svcs. So. California LLC		715	(a)(b)
			Proj.), Ser. 2016, 7.00%, due 12/1/27
	2,000		California St. Poll. Ctrl. Fin. Au. Wtr. Furnishing Rev., Ser. 2012, 5.00%, due 7/1/27		2,170	(a)
	1,095		California St. Pub. Works Board Lease Rev. (California Comm. Colleges), Ser. 2004-B, 5.50%,		1,098
			due 6/1/20

See Notes to Financial Statements

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Schedule of Investments California Intermediate Municipal Fund Inc. (Unaudited) (cont’d)

PRINCIPAL AMOUNT					VALUE
(000’s omitted)					(000’s omitted)
$	415		California St. Sch. Fin. Au. Charter Sch. Rev. (Downtown College Prep-Oblig. Group), Ser. 2016,		$	416	(a)
			4.50%, due 6/1/31
	400		California St. Sch. Fin. Au. Charter Sch. Rev. (Rocketship Edu.), Ser. 2016-A, 5.00%, due 6/1/31			414	(a)
	595		California St. Sch. Fin. Au. Ed. Facs. Rev. (Partnerships Uplifts Comm. Valley Proj.), Ser. 2014-A,			618
			5.35%, due 8/1/24
	1,000		California St. Var. Purp. G.O., Ser. 2012, 4.00%, due 9/1/21			1,064
	720		California Statewide CDA Rev. (Henry Mayo Newhall Mem. Hosp.), Ser. 2014-A, (AGM Insured),			812
			5.00%, due 10/1/26
	700		California Statewide CDA Rev. (Redwoods Proj.), Ser. 2013, 5.00%, due 11/15/28			792
	550		California Statewide CDA Rev. (Sr. Living So. California Presbyterian Homes), Ser. 2009, 6.25%,			570	(a)
			due 11/15/19
	1,500		California Statewide CDA Rev. (St. Joseph Hlth. Sys.), Ser. 2000, (National Public Finance Guarantee			1,509
			Corp. Insured), 5.13%, due 7/1/24 Pre-Refunded 7/1/18
	600		California Statewide CDA Rev. Ref. (Lancer Ed. Std. Hsg. Proj.), Ser. 2016-A, 5.00%, due 6/1/36			621	(a)
	1,500		California Statewide CDA Rev. Ref. (Loma Linda Univ. Med. Ctr.), Ser. 2014-A, 5.25%, due 12/1/29			1,639
	1,500		California Statewide CDA Rev. Ref. (Redlands Comm. Hosp.), Ser. 2016, 4.00%, due 10/1/41			1,491
	1,200		California Statewide CDA Spec. Tax Rev. Ref. (Comm. Facs. Dist. #2007-01 Orinda Wilder Proj.),			1,320
			Ser. 2015, 4.50%, due 9/1/25
	2,055		California Statewide CDA Std. Hsg. Rev. (Univ. of Irvin Campus Apts. Phase IV), Ser. 2017-A, 5.00%,			2,338
			due 5/15/32
	500		California Statewide CDA Std. Hsg. Rev. Ref. (Baptist University), Ser. 2017-A, 5.00%, due 11/1/32			544	(a)
	2,000		Contra Costa Co. Redev. Agcy. Successor Agcy. Tax Allocation Ref., Ser. 2017-A, (BAM Insured),			2,350
			5.00%, due 8/1/31
			Corona Norco Unified Sch. Dist. Pub. Fin. Au. Sr. Lien Rev.
	350		Ser. 2013-A, 5.00%, due 9/1/26			394
	560		Ser. 2013-A, 5.00%, due 9/1/27			629
	1,365		Daly City Hsg. Dev. Fin. Agcy. Rev. Ref. (Franciscan Mobile Home Park), Ser. 2007-A, 5.00%,			1,368
			due 12/15/21
	2,000		Davis Joint Unified Sch. Dist. Cert. of Participation (Yolo Co.), Ser. 2014, (BAM Insured), 4.00%,			2,180
			due 8/1/24
	5,000		Deutsche Bank Spears/Lifers Trust Rev. (Floaters) (Deutsche Bank AG), Ser. 2017-7007, 2.25%,			5,000	(a)(c)
			due 3/1/42
	1,250		Emeryville Redev. Agcy. Successor Agcy. Tax Allocation Ref. Rev., Ser. 2014-A, (AGM Insured), 5.00%,			1,444
			due 9/1/25
			Golden St. Tobacco Securitization Corp. Tobacco Settlement Asset-Backed Rev.
	3,520		Ser. 2007-A-1, 5.00%, due 6/1/33			3,521
	3,000		Ser. 2007-A-1, 5.75%, due 6/1/47			3,045	(d)
	1,000		Imperial Comm. College Dist. G.O. Cap. Appreciation (Election 2010), Ser. 2011-A, (AGM Insured),			1,299
			6.75%, due 8/1/40 Pre-Refunded 8/1/25
	1,000		Inglewood Pub. Fin. Au. Ref. Rev., Ser. 2012, 5.00%, due 8/1/18			1,008
	1,000		Inglewood Unified Sch. Dist. Facs. Fin. Au. Rev., Ser. 2007, (AGM Insured), 5.25%, due 10/15/26			1,156
			Irvine Spec. Tax (Comm. Facs. Dist. Number 2005-2)
	150		Ser. 2013, 4.00%, due 9/1/23			161
	300		Ser. 2013, 4.00%, due 9/1/24			321
	450		Ser. 2013, 4.00%, due 9/1/25			480
	645		Ser. 2013, 3.50%, due 9/1/26			668
	690		Ser. 2013, 3.63%, due 9/1/27			716
	1,600		Irvine Unified Sch. Dist. Spec. Tax (Comm. Facs. Dist. # 09-1), (LOC: U.S. Bank), Ser. 2014,			1,600	(c)
			1.29%, due 9/1/54
	680		Jurupa Pub. Fin. Auth. Spec. Tax Rev., Ser. 2014-A, 5.00%, due 9/1/24			781
			La Verne Cert. of Participation (Brethren Hillcrest Homes)
	315		Ser. 2014, 5.00%, due 5/15/26			338
	500		Ser. 2014, 5.00%, due 5/15/29			533
	1,105		Lodi Pub. Fin. Au. Lease Rev., Ser. 2012, 5.25%, due 10/1/26			1,228
	2,000		Los Angeles Muni. Imp. Corp. Lease Ref. Rev. (Real Property), Ser. 2012-C, 5.00%, due 3/1/27			2,207
	500		Los Angeles Reg. Arpt. Imp. Corp. Lease Rev. (Laxfuel Corp.), Ser. 2012, 4.50%, due 1/1/27			520
	425		Mill Valley Sch. Dist. G.O. Cap. Appreciation, Ser. 1994-A, 0.00%, due 8/1/19			406
	1,000		Mountain House Pub. Fin. Au. Utils. Sys. Rev., Ser. 2007, 5.00%, due 12/1/22			1,002
	1,385		Ohlone Comm. College Dist. G.O. (Election 2010), Ser. 2014-B, 0.00%, due 8/1/29			921
	1,490		Oxnard Harbor Dist. Rev., Ser. 2011-B, 4.50%, due 8/1/24			1,624

See Notes to Financial Statements

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Schedule of Investments California Intermediate Municipal Fund Inc. (Unaudited) (cont’d)

PRINCIPAL AMOUNT					VALUE
(000’s omitted)					(000’s omitted)
$	1,250		Palomar Hlth. Ref. Rev., Ser. 2016, 4.00%, due 11/1/39		$	1,228
	1,500		Pico Rivera Pub. Fin. Au. Lease Rev., Ser. 2009, 4.75%, due 9/1/25 Pre-Refunded 9/1/19			1,559
	1,000		Rancho Cucamonga Redev. Agcy. Successor Agcy. Tax Allocation Rev. (Rancho Redev. Proj.), Ser. 2014,			1,145
			(AGM Insured), 5.00%, due 9/1/27
			Riverside Co. Comm. Facs. Dist. Spec. Tax Rev. (Scott Road)
	355		Ser. 2013, 4.00%, due 9/1/21			365
	600		Ser. 2013, 5.00%, due 9/1/25			655
			Riverside Co. Trans. Commission Toll Rev. Sr. Lien (Cap. Appreciation)
	1,320		Ser. 2013-B, 0.00%, due 6/1/22			1,162
	1,500		Ser. 2013-B, 0.00%, due 6/1/23			1,269
			Romoland Sch. Dist. Spec. Tax Ref. (Comm. Facs. Dist. Number 2006-1)
	100		Ser. 2017, 4.00%, due 9/1/29			104
	200		Ser. 2017, 4.00%, due 9/1/30			205
	525		Ser. 2017, 3.25%, due 9/1/31			488
	1,700		Sacramento Area Flood Ctrl. Agcy. Ref. (Consol Capital Assessment Dist. Number 2), Ser. 2016-A,			1,917
			5.00%, due 10/1/47
			Sacramento City Fin. Au. Ref. Rev. (Master Lease Prog. Facs.)
	1,000		Ser. 2006-E, (AMBAC Insured), 5.25%, due 12/1/24			1,174
	400		Ser. 2006-E, (AMBAC Insured), 5.25%, due 12/1/26			483
	1,950		Sacramento Co. Arpt. Sys. Rev. Ref., Ser. 2018-C, 5.00%, due 7/1/33			2,247	(e)
	500		Sacramento Spec. Tax (Natomas Meadows Comm. Facs. Dist. Number 2007-01), Ser. 2017, 5.00%,			518	(a)
			due 9/1/47
	1,350		San Bernardino Comm. College Dist. G.O. (Election 2002), Ser. 2008-A, 6.25%,			1,365
			due 8/1/24 Pre-Refunded 8/1/18
			San Francisco City & Co. Arpts. Commission Int’l Ref. Rev.
	750		Ser. 2009-D2, 3.00%, due 5/1/21			772
	1,000		Ser. 2009-C2, 5.00%, due 5/1/21			1,031
	1,220		San Francisco City & Co. Redev. Fin. Au. Tax Allocation (San Francisco Redev. Proj.), Ser. 2003-B,			1,223
			(National Public Finance Guarantee Corp. Insured), 5.25%, due 8/1/18
	2,000		San Francisco City & Co. Unified Sch. Dist. Ref. Rev., Ser. 2012, 4.00%, due 6/15/25			2,086
	530		San Jose Multi-Family Hsg. Rev. (Fallen Leaves Apts. Proj.), Ser. 2002-J1, (AMBAC Insured), 4.95%,			531
			due 12/1/22
			San Juan Unified Sch. Dist. G.O.
	1,000		Ser. 2012-C, 4.00%, due 8/1/22			1,060
	1,070		Ser. 2012-C, 4.00%, due 8/1/25			1,128
	685		San Mateo Foster City Sch. Dist. G.O. (Election 2015), Ser. 2016-A, 4.00%, due 8/1/29			750
			San Mateo Union High Sch. Dist. G.O. (Election 2010)
	105		Ser. 2011-A, 0.00%, due 9/1/25			77
	895		Ser. 2011-A, 0.00%, due 9/1/25 Pre-Refunded 9/1/21			657
	1,000		San Rafael City High Sch. Dist. G.O. Cap. Appreciation (Election 2002), Ser. 2004-B, (National Public			996
			Finance Guarantee Corp. Insured), 0.00%, due 8/1/18
	1,390		San Rafael Redev. Agcy. Tax Allocation Ref. (Central San Rafael Redev. Proj.), Ser. 2009, (Assured			1,449
			Guaranty Insured), 5.00%, due 12/1/21
			Santa Maria Bonita Sch. Dist. Cert. of Participation (New Sch. Construction Proj.)
	310		Ser. 2013, (BAM Insured), 3.25%, due 6/1/25			322
	575		Ser. 2013, (BAM Insured), 3.50%, due 6/1/26			602
	325		Ser. 2013, (BAM Insured), 3.50%, due 6/1/27			338
	270		Ser. 2013, (BAM Insured), 3.50%, due 6/1/28			280
	1,000		Santa Monica-Malibu Unified Sch. Dist. Ref. G.O., Ser. 2013, 3.00%, due 8/1/27			1,031
	1,000		Successor Agcy. to the Monrovia Redev. Agcy. Tax Allocation Rev. (Cent. Redev. Proj.), Ser. 2013,			1,096
			5.00%, due 8/1/26
	290		Sulphur Springs Union Sch. Dist. Cert. of Participation Conv. Cap. Appreciation Bonds, Ser. 2010,			327
			(AGM Insured), 6.50%, due 12/1/37
	1,145		Sulphur Springs Union Sch. Dist. Cert. of Participation Conv. Cap. Appreciation Bonds (Unrefunded),			1,404
			Ser. 2010, (AGM Insured), 6.50%, due 12/1/37
	2,000		Sweetwater Union High Sch. Dist. Pub. Fin. Au. Rev., Ser. 2013, (BAM Insured), 5.00%, due 9/1/25			2,265

See Notes to Financial Statements

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Schedule of Investments California Intermediate Municipal Fund Inc. (Unaudited) (cont’d)

PRINCIPAL AMOUNT					VALUE
(000’s omitted)					(000’s omitted)
			Vernon Elec. Sys. Rev.
$	420		Ser. 2009-A, 5.13%, due 8/1/21 Pre-Refunded 8/1/19		$	434
	975		Ser. 2009-A, 5.13%, due 8/1/21			1,006
	3,000		Victor Valley Comm. College Dist. G.O. Cap. Appreciation (Election 2008), Ser. 2009-C, 0.00%,			3,863	(f)
			due 8/1/37
	1,500		Vista Unified Sch. Dist. G.O., Ser. 2012, 5.00%, due 8/1/21			1,646
	3,500		William S. Hart Union High Sch. Dist. G.O. Cap. Appreciation (Election 2001), Ser. 2005-B,			2,757
			(AGM Insured), 0.00%, due 9/1/26
	2,250		Wiseburn Sch. Dist. G.O. Cap. Appreciation (Election 2010), Ser. 2011-B, (AGM Insured),			1,947	(g)
			0.00%, due 8/1/36
						127,298
Florida 0.7%
	525		Lakeland Ed. Facs. Rev. (Florida So. College Proj.), Ser. 2012-A, 5.00%, due 9/1/24			577
Georgia 0.7%
	600		Greene Co. Dev. Au. Swr. Fac. Rev., Ser. 2015, 6.13%, due 1/1/25			584	(a)(b)
Guam 2.7%
	1,110		Guam Gov’t Hotel Occupancy Tax Rev., Ser. 2011-A, 5.25%, due 11/1/18			1,126
	1,000		Guam Gov’t Waterworks Au. Wtr. & Wastewater Sys. Rev., Ser. 2010, 5.25%,			1,067
			due 7/1/25 Pre-Refunded 7/1/20
						2,193
Illinois 2.3%
	1,000		Chicago Ref. G.O., Ser. 2003-B, 5.00%, due 1/1/23			1,052
	750		Illinois St. G.O., Ser. 2013, 5.00%, due 7/1/23			784
						1,836
Louisiana 0.6%
	500		Louisiana Pub. Facs. Au. Rev. (Southwest Louisiana Charter Academy Foundation Proj.), Ser. 2013-A,			528
			7.63%, due 12/15/28
Nevada 1.3%
	1,000		Las Vegas Redev. Agcy. Tax Increment Rev., Ser. 2009-A, 7.50%, due 6/15/23 Pre-Refunded 6/15/19			1,061
New Jersey 1.0%
	750		New Jersey St. Econ. Dev. Au. Rev. (Continental Airlines, Inc., Proj.), Ser. 1999, 5.13%, due 9/15/23			809
North Carolina 0.8%
	655		North Carolina Med. Care Commission Hlth. Care Fac. First Mtge. Rev. (Lutheran Svcs. for Aging, Inc.),			679
			Ser. 2012-A, 4.25%, due 3/1/24
Ohio 1.2%
	1,000		Buckeye Tobacco Settlement Fin. Au. Asset-Backed Rev. (Turbo), Ser. 2007-A-2, 5.88%, due 6/1/47			994
Pennsylvania 2.7%
			Pennsylvania St. Turnpike Commission Rev.
	285		Subser. 2010-B2, 6.00%, due 12/1/34 Pre-Refunded 12/1/20			313
	305		Subser. 2010-B2, 6.00%, due 12/1/34 Pre-Refunded 12/1/20			335
	1,410		Subser. 2010-B2, 6.00%, due 12/1/34 Pre-Refunded 12/1/20			1,551
						2,199

See Notes to Financial Statements

9

---

Schedule of Investments California Intermediate Municipal Fund Inc. (Unaudited) (cont’d)

PRINCIPAL AMOUNT					VALUE
(000’s omitted)					(000’s omitted)
Puerto Rico 1.2%
$	1,000		Puerto Rico Muni. Fin. Agcy. Rev., Ser. 2002-A, (AGM Insured), 5.25%, due 8/1/21		$	1,002
Tennessee 0.7%
	500		Tennessee St. Energy Acquisition Corp. Gas Rev. (Goldman Sachs Group, Inc.), Ser. 2006-A,			559
			5.25%, due 9/1/23
Texas 0.3%
	300		Mission Econ. Dev. Corp. Wtr. Supply Rev. (Green Bond-Env. Wtr. Minerals Proj.), Ser. 2015,			232	(a)(b)
			7.75%, due 1/1/45
Virgin Islands 0.6%
			Virgin Islands Pub. Fin. Au. Rev.
	250		Ser. 2014-A, 5.00%, due 10/1/24			182
	500		Ser. 2014-A, 5.00%, due 10/1/29			334
						516
			Total Investments 173.4% (Cost $134,811)			141,644
			Liabilities Less Other Assets (1.2)%			(998	)
			Liquidation Value of Variable Rate Municipal Term Preferred Shares			(58,966	)
			(net of unamortized deferred offering costs of approximately $34,000) (72.2)%
			Net Assets Applicable to Common Stockholders 100.0%		$	81,680

(a)		Securities were purchased under Rule 144A of the Securities Act of 1933, as amended, or are otherwise restricted and, unless registered under the Securities Act of 1933 or exempted from registration, may only be sold to qualified institutional investors or may have other restrictions on resale. At April 30, 2018, these securities amounted to approximately $16,789,000, which represents 20.6% of net assets applicable to common stockholders of the Fund. Securities denoted with (a) but without (b) have been deemed by the investment manager to be liquid.
(b)		Illiquid security.
(c)		Variable rate demand obligation where the stated interest rate is not based on a published reference rate and spread. Rather, the interest rate generally resets daily or weekly and is determined by the remarketing agent. The rate shown represents the rate in effect at April 30, 2018.
(d)		All or a portion of this security is segregated in connection with obligations for when-issued securities with a total value of approximately $3,045,000.
(e)		When-issued security. Total value of all such securities at April 30, 2018, amounted to approximately $2,247,000, which represents 2.8% of net assets applicable to common stockholders of the Fund.
(f)		Currently a zero coupon security; will convert to 6.88% on August 1, 2019.
(g)		Currently a zero coupon security; will convert to 7.30% on August 1, 2026.

See Notes to Financial Statements

10

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Schedule of Investments California Intermediate Municipal Fund Inc. (Unaudited) (cont’d)

The following is a summary, categorized by Level (see Note A of Notes to Financial Statements), of inputs used to value the Fund’s investments as of April 30, 2018:

Asset Valuation Inputs
(000’s omitted)		Level 1		Level 2		Level 3		Total
Investments:
Municipal Notes(a)		$—		$141,644		$—		$141,644
Total Investments		$—		$141,644		$—		$141,644

(a)		The Schedule of Investments provides a categorization by state/territory for the portfolio.
		As of the six months ended April 30, 2018, no securities were transferred from one level (as of October 31, 2017) to another.

See Notes to Financial Statements

11

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Schedule of Investments Intermediate Municipal Fund Inc. (Unaudited) April 30, 2018

PRINCIPAL AMOUNT				VALUE
(000’s omitted)				(000’s omitted)
Municipal Notes 162.9%
Alabama 0.7%
$1,900		Selma IDB Rev. (Int’l Paper Co. Proj.), Ser. 2011-A, 5.38%, due 12/1/35		$	2,044
Alaska 0.1%
200		Valdez Marine Term. Rev. Ref. (Exxon Pipeline Co. Proj.), Ser. 1993-A, 1.55%, due 12/1/33			200	(a)
American Samoa 0.6%
1,700		American Samoa Econ. Dev. Au. Gen. Rev. Ref., Ser. 2015-A, 6.25%, due 9/1/29			1,635
Arizona 4.8%
5,000		Arizona Sch. Fac. Board Cert. of Participation, Ser. 2008, (Assured Guaranty Insured), 5.13%,			5,055
		due 9/1/21 Pre-Refunded 9/1/18
500		Maricopa Co. Ind. Dev. Au. Ed. Ref. Rev. (Paradise Sch. Proj. Paragon Management, Inc.),			507	(b)
		Ser. 2016, 5.00%, due 7/1/36
1,500		Maricopa Co. Ind. Dev. Au. Sr. Living Facs. Rev. (Christian Care Surprise, Inc. Proj.), Ser. 2016,			1,500	(b)(c)
		5.00%, due 1/1/26
2,250		Navajo Nation Ref. Rev., Ser. 2015-A, 5.00%, due 12/1/25			2,386	(b)
3,000		Phoenix Ind. Dev. Au. Ed. Rev. (Great Hearts Academies Proj.), Ser. 2014, 3.75%, due 7/1/24			3,058
400		Phoenix Ind. Dev. Au. Rev. (Deer Valley Veterans Assisted Living Proj.), Ser. 2016-A,			392
		5.13%, due 7/1/36
1,500		Phoenix Ind. Dev. Au. Solid Waste Disp. Rev. (Vieste Spec. LLC), Ser. 2013-A, 4.38%, due 4/1/28			82	(c)(d)
400		Phoenix-Mesa Gateway Arpt. Au. Spec. Fac. Rev. (Mesa Proj.), Ser. 2012, 5.00%, due 7/1/24			438
					13,418
California 34.2%
2,250		California Hlth. Facs. Fin. Au. Rev. (Cedars-Sinai Med. Ctr.), Ser. 2009, 5.00%,			2,342
		due 8/15/39 Pre-Refunded 8/15/19
1,000		California Hlth. Facs. Fin. Au. Rev. (Children’s Hosp. Los Angeles), Ser. 2012-A,			1,089
		5.00%, due 11/15/26
1,725		California Infrastructure & Econ. Dev. Bank St. Sch. Fund Rev. (King City Joint Union High Sch.),			1,824
		Ser. 2010, 5.13%, due 8/15/24
		California Muni. Fin. Au. Charter Sch. Lease Rev. (Sycamore Academy Proj.)
805		Ser. 2014, 5.00%, due 7/1/24			818	(b)(c)
630		Ser. 2014, 5.13%, due 7/1/29			628	(b)(c)
		California Muni. Fin. Au. Charter Sch. Lease Rev. (Vista Charter Middle Sch. Proj.)
970		Ser. 2014, 5.00%, due 7/1/24			1,013	(c)
430		Ser. 2014, 5.13%, due 7/1/29			452	(c)
500		California Muni. Fin. Au. Charter Sch. Rev. (Palmdale Aerospace Academy Proj.), Ser. 2016,			521	(b)
		5.00%, due 7/1/31
570		California Muni. Fin. Au. Rev. (Baptist Univ.), Ser. 2015-A, 5.00%, due 11/1/30			615	(b)
585		California Muni. Fin. Au. Rev. (Touro College & Univ. Sys. Obligated Group), Ser. 2014-A,			606
		4.00%, due 1/1/26
1,300		California Sch. Fac. Fin. Au. Rev. (Alliance College - Ready Pub. Sch. Proj.), Ser. 2015-A,			1,449	(b)
		5.00%, due 7/1/30
		California St. Dept. of Veterans Affairs Home Purchase Ref. Rev.
2,155		Ser. 2016-A, 2.90%, due 6/1/28			2,094
2,450		Ser. 2016-A, 2.95%, due 12/1/28			2,383
50		California St. G.O., Ser. 2007, (XLCA Insured), 4.50%, due 8/1/27			50
500		California St. Infrastructure & Econ. Dev. Bank Rev. (Goodwill Industries of Sacramento Valley &			484	(b)
		No. Proj.), Ser. 2016-A, 5.00%, due 1/1/36
500		California St. Poll. Ctrl. Fin. Au. Solid Waste Disp. Rev. (Aemerage Redak Svcs. So. California LLC			477	(b)(c)
		Proj.), Ser. 2016, 7.00%, due 12/1/27

See Notes to Financial Statements

12

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Schedule of Investments Intermediate Municipal Fund Inc. (Unaudited) (cont’d)

PRINCIPAL AMOUNT				VALUE
(000’s omitted)				(000’s omitted)
$5,000		California St. Poll. Ctrl. Fin. Au. Wtr. Furnishing Rev., Ser. 2012, 5.00%, due 7/1/27		$	5,424	(b)
4,000		California St. Var. Purp. G.O., Ser. 2009, 5.63%, due 4/1/25			4,138
2,800		Deutsche Bank Spears/Lifers Trust Rev. (Floaters) (Deutsche Bank AG), Ser. 2017-7007,			2,800	(a)(b)
		2.25%, due 3/1/42
2,000		Emery Unified Sch. Dist. G.O. (Election 2010), Ser. 2011-A, 6.50%, due 8/1/33 Pre-Refunded 8/1/21			2,285
2,000		Golden St. Tobacco Securitization Corp. Tobacco Settlement Asset-Backed Rev., Ser. 2007-A-1,			2,030
		5.75%, due 6/1/47
2,000		Imperial Comm. College Dist. G.O. Cap. Appreciation (Election 2010), Ser. 2011-A,			2,598
		(AGM Insured), 6.75%, due 8/1/40 Pre-Refunded 8/1/25
1,115		Inglewood Pub. Fin. Au. Ref. Rev. (Lease), Ser. 2012, 5.00%, due 8/1/18			1,124
590		La Verne Cert. of Participation Ref. (Brethren Hillcrest Homes), Ser. 2014, 5.00%, due 5/15/29			629
2,250		Los Angeles Reg. Arpt. Imp. Corp. Lease Rev. Ref. (Laxfuel Corp.), Ser. 2012, 4.50%, due 1/1/27			2,342
3,620		Norwalk-La Mirada Unified Sch. Dist. G.O. Cap. Appreciation, Ser. 2005-B, (AGM Insured),			3,082
		0.00%, due 8/1/24
5,750		Norwalk-La Mirada Unified Sch. Dist. G.O. Cap. Appreciation (Election 2002), Ser. 2009-E,			5,987	(e)
		(Assured Guaranty Insured), 0.00%, due 8/1/29
5,000		Redondo Beach Unified Sch. Dist. G.O., Ser. 2009, 6.38%, due 8/1/34			6,408
815		Rocklin Unified Sch. Dist. G.O. Cap. Appreciation, Ser. 1994-B, (National Public Finance Guarantee			779
		Corp. Insured), 0.00%, due 8/1/19
4,000		Sacramento City Fin. Au. Ref. Rev. (Master Lease Prog. Facs.), Ser. 2006-E, (AMBAC Insured),			4,825
		5.25%, due 12/1/26
2,000		San Bernardino Comm. College Dist. G.O. Cap. Appreciation (Election), Ser. 2009-B, 0.00%,			2,313	(f)
		due 8/1/34
2,000		San Francisco City & Co. Arpt. Commission Int’l Arpt. Ref. Rev., Ser. 2009-C2, 5.00%, due 5/1/25			2,062
6,000		San Mateo Foster City Sch. Dist. G.O. Cap. Appreciation (Election 2008), Ser. 2010-A, 0.00%,			5,819	(g)
		due 8/1/32
1,540		Successor Agcy. to the Monrovia Redev. Agcy. Tax Allocation Rev. (Cent. Redev. Proj.), Ser. 2013,			1,687
		5.00%, due 8/1/26
2,040		Sweetwater Union High Sch. Dist. Pub. Fin. Au. Rev., Ser. 2013, (BAM Insured), 5.00%,			2,310
		due 9/1/25
		Vernon Elec. Sys. Rev.
635		Ser. 2009-A, 5.13%, due 8/1/21 Pre-Refunded 8/1/19			656
1,470		Ser. 2009-A, 5.13%, due 8/1/21			1,516
9,070		Victor Valley Comm. College Dist. G.O. Cap. Appreciation (Election 2008), Ser. 2009-C,			11,679	(h)
		0.00%, due 8/1/37
5,095		Victor Valley Joint Union High Sch. Dist. G.O. Cap. Appreciation Bonds, Ser. 2009,			3,993
		(Assured Guaranty Insured), 0.00%, due 8/1/26
3,000		Wiseburn Sch. Dist. G.O. Cap. Appreciation (Election 2010), Ser. 2011-B, (AGM Insured),			2,596	(i)
		0.00%, due 8/1/36
					95,927
Colorado 4.5%
		Colorado Ed. & Cultural Facs. Au. Rev. (Charter Sch.- Atlas Preparatory Sch. Proj.)
500		Ser. 2015, 4.50%, due 4/1/25			505	(b)
1,000		Ser. 2015, 5.13%, due 4/1/35			1,010	(b)
		Colorado Ed. & Cultural Facs. Au. Rev. Ref.
305		Ser. 2014, 4.00%, due 11/1/24			308	(c)
750		Ser. 2014, 4.50%, due 11/1/29			761	(c)
5,000		Denver City & Co. Arpt. Sys. Rev., Ser. 2011-B, 5.00%, due 11/15/24			5,420
2,550		Plaza Metro. Dist. Number 1 Tax Allocation Rev., Ser. 2013, 4.00%, due 12/1/23			2,614	(b)
8,000		Villages at Castle Rock Co. Metro. Dist. #6 (Cabs - Cobblestone Ranch Proj.), Ser. 2007-2,			2,033
		0.00%, due 12/1/37
					12,651

See Notes to Financial Statements

13

---

Schedule of Investments Intermediate Municipal Fund Inc. (Unaudited) (cont’d)

PRINCIPAL AMOUNT					VALUE
(000’s omitted)					(000’s omitted)
Connecticut 0.3%
$	750		Hamden G.O., Ser. 2013, (AGM Insured), 3.13%, due 8/15/25		$	760
District of Columbia 3.3%
	1,615		Dist. of Columbia HFA Rev. (Capitol Hill Towers Proj.), Ser. 2011, (Fannie Mae Insured),			1,690
			4.10%, due 12/1/26
	3,035		Dist. of Columbia Rev. (Friendship Pub. Charter Sch.), Ser. 2012, 3.55%, due 6/1/22			3,072	(j)
	520		Dist. of Columbia Rev. (Howard Univ.), Ser. 2011-A, 6.25%, due 10/1/23			554
	650		Dist. of Columbia Std. Dorm. Rev. (Provident Group-Howard Prop.), Ser. 2013, 5.00%,			643
			due 10/1/45
			Metro. Washington Dist. of Columbia Arpt. Au. Sys. Rev.
	1,000		Ser. 2008-A, 5.50%, due 10/1/18			1,014
	2,000		Ser. 2011-C, 5.00%, due 10/1/26			2,157
						9,130
Florida 6.9%
	1,600		Cap. Trust Agcy. Rev. (Tuscan Gardens Palm Coast Proj.), Ser. 2017-A, 7.00%, due 10/1/49			1,551	(b)(c)
	1,000		Cityplace Comm. Dev. Dist. Spec. Assessment Rev. Ref., Ser. 2012, 5.00%, due 5/1/26			1,123
	1,075		Florida Dev. Fin. Corp. Ed. Facs. Rev. (Pepin Academies, Inc.), Ser. 2016-A, 5.00%, due 7/1/36			1,005
			Florida Dev. Fin. Corp. Ed. Facs. Rev. (Renaissance Charter Sch., Inc.)
	975		Ser. 2012-A, 5.50%, due 6/15/22			990	(b)
	3,120		Ser. 2013-A, 6.75%, due 12/15/27			3,289
	1,750		Ser. 2014-A, 5.75%, due 6/15/29			1,820
	1,200		Florida Dev. Fin. Corp. Sr. Living Rev. (Tuscan Isle Champions Gate Proj.), Ser. 2016-A, 6.38%,			1,180	(b)
			due 6/1/46
	1,075		Florida Dev. Fin. Corp. Sr. Living Rev. (Tuscan Isle Obligated Group), Ser. 2015-A, 7.00%,			858	(b)
			due 6/1/45
	100		Greater Orlando Aviation Au. Arpt. Facs. Ref. Rev. (JetBlue Airways Corp. Proj.), Ser. 2013,			103
			5.00%, due 11/15/36
	1,000		Hillsborough Co. Ind. Dev. Au. IDR (Hlth. Facs.), Ser. 2008-B, 8.00%,			1,087
			due 8/15/32 Pre-Refunded 8/15/19
	1,135		Lakeland Ed. Facs. Rev. Ref. (Florida So. College Proj.), Ser. 2012-A, 5.00%, due 9/1/27			1,242
	2,000		Lee Co. Arpt. Ref. Rev., Ser. 2011-A, 5.63%, due 10/1/25			2,191
	2,000		Martin Co. Ind. Dev. Au. Ref. Rev. (Indiantown Cogeneration Proj.), Ser. 2013, 4.20%, due 12/15/25			2,022	(b)
	955		Village Comm. Dev. Dist. Number 11 Spec. Assessment Rev., Ser. 2014, 4.13%, due 5/1/29			954
						19,415
Georgia 1.0%
	1,750		Cobb Co. Dev. Au. Sr. Living Ref. Rev. (Provident Village Creekside Proj.), Ser. 2016-A, 6.00%,			1,608	(b)(c)
			due 7/1/36
	1,100		Greene Co. Dev. Au. Swr. Fac. Rev., Ser. 2015, 6.13%, due 1/1/25			1,070	(b)(c)
						2,678
Guam 1.7%
			Guam Gov’t Hotel Occupancy Tax Rev.
	1,220		Ser. 2011-A, 5.75%, due 11/1/20			1,309
	650		Ser. 2011-A, 5.75%, due 11/1/21			705
	2,630		Guam Gov’t Waterworks Au. Wtr. & Wastewater Sys. Rev., Ser. 2010, 5.25%,			2,808
			due 7/1/25 Pre-Refunded 7/1/20
						4,822

See Notes to Financial Statements

14

---

Schedule of Investments Intermediate Municipal Fund Inc. (Unaudited) (cont’d)

PRINCIPAL AMOUNT				VALUE
(000’s omitted)				(000’s omitted)
Hawaii 2.7%
$5,200		Hawaii St. Arpt. Sys. Ref. Rev., Ser. 2011, 4.13%, due 7/1/24		$	5,450
2,000		Hawaii St. Dept. of Budget & Fin. Spec. Purp. Rev. (Hawaii Elec. Co., Inc. -Subsidiary), Ser. 2009,			2,079
		6.50%, due 7/1/39
					7,529
Illinois 23.4%
5,705		Berwyn G.O., Ser. 2013-A, 5.00%, due 12/1/27			5,985
		Chicago G.O.
250		Ser. 2002-2002B, 5.13%, due 1/1/27			262
2,000		Ser. 2002-B, 5.00%, due 1/1/25			2,101
2,000		Ser. 2009-C, 5.00%, due 1/1/27			2,012
		Chicago Ref. G.O.
1,000		Ser. 2005-D, 5.50%, due 1/1/40			1,048
2,500		Ser. 2012-C, 5.00%, due 1/1/24			2,594
700		Ser. 2014-A, 5.00%, due 1/1/27			724
3,000		Ser. 2017-A, 6.00%, due 1/1/38			3,334
		Cook Co. Sch. Dist. Number 83 G.O. (Mannheim)
1,350		Ser. 2013-C, 5.45%, due 12/1/30			1,472
1,960		Ser. 2013-C, 5.50%, due 12/1/31			2,139
1,970		Cook Co. Township High Sch. Dist. Number 225 Northfield Township, Ser. 2008,			1,975
		5.00%, due 12/1/25
1,560		Illinois Fin. Au. Ref. Rev. (Presence Hlth. Network Obligated Group), Ser. 2016-C,			1,748
		5.00%, due 2/15/31
4,000		Illinois Fin. Au. Ref. Rev. (Roosevelt Univ. Proj.), Ser. 2009, 5.75%, due 4/1/24			4,192
3,340		Illinois Fin. Au. Rev. (Provena Hlth.), Ser. 2010-A, 6.25%, due 5/1/22 Pre-Refunded 5/1/20			3,612
2,000		Illinois Fin. Au. Rev. Ref. (Northwestern Mem. Hlth. Care Obligated Group), Ser. 2017-A,			2,023
		4.00%, due 7/15/47
1,905		Illinois Sports Facs. Au. Cap. Appreciation Rev. (St. Tax Supported), Ser. 2001, (AMBAC Insured),			1,335
		0.00%, due 6/15/26
		Illinois St. G.O.
2,900		Ser. 2009-A, 5.00%, due 9/1/29			2,907
3,900		Ser. 2012, 4.00%, due 8/1/25			3,815
1,000		Ser. 2013, 5.00%, due 7/1/23			1,046
2,200		Ser. 2017-D, 5.00%, due 11/1/28			2,271
4,250		Illinois St. G.O. Ref., Ser. 2016, 5.00%, due 2/1/24			4,419
1,600		Pingree Grove Village Rev. (Cambridge Lakes Learning Ctr. Proj.), Ser. 2011, 8.00%,			1,824
		due 6/1/26 Pre-Refunded 6/1/21
		So. Illinois Univ. Cert. of Participation (Cap. Imp. Proj.)
945		Ser. 2014-A-1, (BAM Insured), 5.00%, due 2/15/27			1,007
1,375		Ser. 2014-A-1, (BAM Insured), 5.00%, due 2/15/28			1,460
715		Ser. 2014-A-1, (BAM Insured), 5.00%, due 2/15/29			756
		Univ. of Illinois (Hlth. Svc. Facs. Sys.)
2,725		Ser. 2013, 5.00%, due 10/1/27			2,946
2,875		Ser. 2013, 5.75%, due 10/1/28			3,224
1,500		Upper Illinois River Valley Dev. Au. Rev. Ref. (Cambridge Lakes Learning Ctr.), Ser. 2017-A,			1,507	(b)
		5.25%, due 12/1/47
1,850		Will Co. High Sch. Dist. Number 204 G.O. (Joliet Jr. College), Ser. 2011-A, 6.25%, due 1/1/31			2,033
					65,771
Indiana 3.0%
4,000		Indiana Bond Bank Rev. (Spec. Prog. Clark Mem. Hosp.), Ser. 2009-D, 5.50%,			4,107
		due 8/1/29 Pre-Refunded 2/1/19
3,055		Indiana Trans. Fin. Au. Hwy. Ref. Rev., Ser. 2004-B, (National Public Finance Guarantee Corp.			3,438
		Insured), 5.75%, due 12/1/21
795		Valparaiso Exempt Facs. Rev. (Pratt Paper LLC Proj.), Ser. 2013, 5.88%, due 1/1/24			867
					8,412

See Notes to Financial Statements

15

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Schedule of Investments Intermediate Municipal Fund Inc. (Unaudited) (cont’d)

PRINCIPAL AMOUNT				VALUE
(000’s omitted)				(000’s omitted)
Iowa 2.6%
$5,110		Iowa Fin. Au. Rev. (St. Revolving Fund Prog.), Ser. 2008, 5.50%, due 8/1/22 Pre-Refunded 8/1/18		$	5,156
		Iowa Std. Loan Liquidity Corp. Rev.
1,540		Ser. 2011-A-1, 5.00%, due 12/1/21			1,622
440		Ser. 2011-A-1, 5.30%, due 12/1/23			465
					7,243
Kentucky 1.0%
2,585		Kentucky Econ. Dev. Fin. Au. Hlth. Care Ref. Rev. (Baptist Life Comm. Proj.), Ser. 2016-A,			2,533
		5.50%, due 11/15/27
150		Ohio Co. PCR Ref. (Big Rivers Elec. Corp. Proj.), Ser. 2010-A, 6.00%, due 7/15/31			151
					2,684
Louisiana 2.1%
1,500		Louisiana Local Gov’t Env. Fac. & Comm. (Westlake Chemical Corp.), Ser. 2010-A2, 6.50%,			1,648
		due 11/1/35
1,715		Louisiana Local Govt. Env. Facs. & Comm. Dev. Au. Rev. Ref. (Westside Habilitation Ctr. Proj.),			1,679	(b)
		Ser. 2017-A, 5.75%, due 2/1/32
775		Louisiana Pub. Facs. Au. Rev. (Southwest Louisiana Charter Academy Foundation Proj.),			818
		Ser. 2013-A, 7.63%, due 12/15/28
1,655		St. Charles Parish Gulf Zone Opportunity Rev. (Valero Energy Corp.), Ser. 2010, 4.00%,			1,722
		due 12/1/40 Putable 6/1/22
					5,867
Massachusetts 4.2%
		Massachusetts St. Dev. Fin. Agcy. Rev. (Milford Reg. Med. Ctr.)
200		Ser. 2014-F, 5.00%, due 7/15/24			216
415		Ser. 2014-F, 5.00%, due 7/15/25			446
200		Ser. 2014-F, 5.00%, due 7/15/26			214
190		Ser. 2014-F, 5.00%, due 7/15/27			202
150		Ser. 2014-F, 5.00%, due 7/15/28			159
		Massachusetts St. Ed. Fin. Au. Rev.
1,640		Ser. 2011-J, 5.00%, due 7/1/23			1,742
2,305		Ser. 2012-J, 4.70%, due 7/1/26			2,405
3,410		Ser. 2013-K, 4.50%, due 7/1/24			3,594
1,995		Massachusetts St. HFA Hsg. Rev., Ser. 2010-C, 4.90%, due 12/1/25			2,070
795		Massachusetts St. Wtr. Poll. Abatement Trust Rev. (MWRA Prog.), Ser. 2002-A, 5.25%, due 8/1/19			797
					11,845
Michigan 1.9%
		Jackson College Dormitories Hsg. Rev.
1,000		Ser. 2015, 6.50%, due 5/1/35			1,038
500		Ser. 2015, 6.75%, due 5/1/46			521
		Michigan St. Hsg. Dev. Au. Rev.
1,935		Ser. 2016-C, 2.05%, due 12/1/22			1,879
1,835		Ser. 2016-C, 2.15%, due 6/1/23			1,779
100		Summit Academy Pub. Sch. Academy Ref. Rev., Ser. 2005, 6.38%, due 11/1/35			100
					5,317

See Notes to Financial Statements

16

---

Schedule of Investments Intermediate Municipal Fund Inc. (Unaudited) (cont’d)

PRINCIPAL AMOUNT					VALUE
(000’s omitted)					(000’s omitted)
Minnesota 0.8%
$	2,250		Minneapolis & St. Paul Hsg. & Redev. Au. Hlth. Care Sys. (Children’s Hlth. Care Facs.),		$	2,346
			Ser. 2010-A1, (AGM Insured), 4.50%, due 8/15/24
Mississippi 0.9%
	2,585		Mississippi Bus. Fin. Corp. Gulf Opportunity Zone Rev., Ser. 2009-A, 4.70%, due 5/1/24			2,652
Missouri 1.0%
	400		Missouri St. Hlth. & Ed. Fac. Au. Rev. (St. Louis Univ.), Ser. 2008-B-1, (LOC: Barclays Bank PLC),			400	(a)
			1.48%, due 10/1/35
			Missouri St. Hlth. & Ed. Facs. Au. Rev. (Children’s Mercy Hosp.)
	1,885		Ser. 2009, 5.13%, due 5/15/24 Pre-Refunded 5/15/19			1,947
	390		Ser. 2009, 5.13%, due 5/15/24			402
						2,749
Nevada 2.1%
			Director of the St. of Nevada Dept. of Bus. & Ind. Rev. (Somerset Academy)
	1,650		Ser. 2015-A, 4.00%, due 12/15/25			1,636	(b)
	500		Ser. 2015-A, 5.13%, due 12/15/45			506	(b)
	3,545		Las Vegas Redev. Agcy. Tax Increment Rev., Ser. 2009-A, 7.50%, due 6/15/23			3,763
			Pre-Refunded 6/15/19
						5,905
New Hampshire 0.5%
	1,500		New Hampshire St. Bus. Fin. Au. Solid Waste Disp. Rev. (Casella Waste Sys., Inc.), Ser. 2013,			1,496	(b)
			4.00%, due 4/1/29 Putable 10/1/19
New Jersey 5.0%
	2,500		New Jersey Econ. Dev. Au. Rev. (Continental Airlines, Inc., Proj.), Ser. 1999, 5.13%, due 9/15/23			2,698
			New Jersey Econ. Dev. Au. Rev. (The Goethals Bridge Replacement Proj.)
	500		Ser. 2013, 5.25%, due 1/1/25			560
	500		Ser. 2013, 5.50%, due 1/1/26			565
			New Jersey Econ. Dev. Au. Rev. (United Methodist Homes of New Jersey Obligated Group)
	1,420		Ser. 2013, 3.50%, due 7/1/24			1,429
	1,470		Ser. 2013, 3.63%, due 7/1/25			1,482
	1,520		Ser. 2013, 3.75%, due 7/1/26			1,535
	765		Ser. 2013, 4.00%, due 7/1/27			779
	180		New Jersey Econ. Dev. Au. Rev. Ref. (Sch. Facs. Construction), Ser. 2005-K, (AMBAC Insured),			192
			5.25%, due 12/15/20
	3,535		New Jersey Higher Ed. Assist. Au. Rev. (Std. Loan Rev.), Ser. 2012-1A, 4.38%, due 12/1/26			3,698
	1,000		New Jersey Trans. Trust Fund Au. (Federal Hwy. Reimbursement Notes), Ser. 2016-A-2, 5.00%,			1,004
			due 6/15/21
						13,942
New Mexico 0.5%
			Winrock Town Ctr. Tax Increment Dev. Dist. Number 1 Tax Allocation Sr. Lien Rev.
			(Gross Receipts Tax Increment Bond)
	500		Ser. 2015, 5.25%, due 5/1/25			492	(b)(c)
	1,000		Ser. 2015, 5.75%, due 5/1/30			1,009	(b)(c)
						1,501

See Notes to Financial Statements

17

---

Schedule of Investments Intermediate Municipal Fund Inc. (Unaudited) (cont’d)

PRINCIPAL AMOUNT					VALUE
(000’s omitted)					(000’s omitted)
New York 12.7%
$	225		Buffalo & Erie Co. Ind. Land Dev. Corp. Rev. Ref. (Charter Sch. for Applied Technologies Proj.),		$	238
			Ser. 2017-A, 5.00%, due 6/1/35
	625		Buffalo & Erie Co. Ind. Land Dev. Corp. Rev. Ref. (Orchard Park), Ser. 2015, 5.00%, due 11/15/29			673
			Build NYC Res. Corp. Rev.
	1,100		Ser. 2014, 5.00%, due 11/1/24			1,142
	835		Ser. 2014, 5.25%, due 11/1/29			869
	250		Build NYC Res. Corp. Rev. (Met Lighthouse Charter Sch. Proj.), Ser. 2017-A, 5.00%, due 6/1/47			258	(b)
			Build NYC Res. Corp. Rev. (South Bronx Charter Sch. for Int’l Cultures and the Arts)
	500		Ser. 2013-A, 3.88%, due 4/15/23			501
	1,450		Ser. 2013-A, 5.00%, due 4/15/43			1,469
	1,000		Build NYC Res. Corp. Solid Waste Disp. Ref. Rev. (Pratt Paper, Inc. Proj.), Ser. 2014, 4.50%,			1,077	(b)
			due 1/1/25
			Hempstead Town Local Dev. Corp. Rev. (Molloy College Proj.)
	700		Ser. 2014, 5.00%, due 7/1/23			773
	735		Ser. 2014, 5.00%, due 7/1/24			821
	1,400		Jefferson Co. IDA Solid Waste Disp. Rev. (Green Bond), Ser. 2014, 5.25%, due 1/1/24			1,274	(b)
	1,000		MTA Hudson Rail Yards Trust Oblig. Rev., Ser. 2016-A, 5.00%, due 11/15/46			1,033
	500		New York Liberty Dev. Corp. Ref. Rev. (3 World Trade Ctr. Proj.), Ser. 2014-2, 5.38%,			540	(b)
			due 11/15/40
	4,000		New York St. Dorm. Au. Rev. Non St. Supported Debt (Mount Sinai Sch. of Medicine), Ser. 2009,			4,156
			5.25%, due 7/1/33 Pre-Refunded 7/1/19
	3,200		New York St. Dorm. Au. Rev. Non St. Supported Debt (Univ. Facs.), Ser. 2013-A, 5.00%,			3,576
			due 7/1/28
	2,000		New York St. HFA Rev. (Affordable Hsg.), Ser. 2009-B, 4.85%, due 11/1/41			2,014
	2,000		New York St. Mtge. Agcy. Homeowner Mtge. Ref. Rev., Ser. 2014-189, 3.45%, due 4/1/27			2,009
	2,000		New York St. Trans. Dev. Corp. Spec. Fac. Rev. (Delta Airlines, Inc.-LaGuardia Arpt. Term. C&D			2,225	(k)
			Redev.), Ser. 2018, 5.00%, due 1/1/33
	2,000		New York St. Urban Dev. Corp. Rev., Ser. 2008-D, 5.25%, due 1/1/20			2,045
	710		Newburgh G.O., Ser. 2012-A, 5.00%, due 6/15/20			746
			Newburgh G.O. (Deficit Liquidation)
	495		Ser. 2012-B, 5.00%, due 6/15/20			520
	520		Ser. 2012-B, 5.00%, due 6/15/21			556
	550		Ser. 2012-B, 5.00%, due 6/15/22			597
	1,435		Niagara Area Dev. Corp. Rev. (Niagara Univ. Proj.), Ser. 2012-A, 5.00%, due 5/1/23			1,566
	1,000		Niagara Area Dev. Corp. Solid Waste Disp. Fac. Rev. (Covanta Energy Proj.), Ser. 2012-B,			1,000	(b)
			4.00%, due 11/1/24
	1,155		Suffolk Co. Judicial Facs. Agcy. Lease Rev. (H. Lee Dennison Bldg.), Ser. 2013, 4.25%, due 11/1/26			1,216
	2,000		Utility Debt Securitization Au. Rev., Ser. 2013-TE, 5.00%, due 12/15/28			2,271
	600		Westchester Co. Local Dev. Corp. Rev. Ref. (Wartburg Sr. Hsg. Proj.), Ser. 2015-A, 5.00%,			595	(b)
			due 6/1/30
						35,760
North Carolina 3.6%
	1,605		North Carolina Med. Care Commission Hlth. Care Facs. Rev. (Lutheran Svc. For Aging, Inc.),			1,663
			Ser. 2012-A, 4.25%, due 3/1/24
	2,000		North Carolina Med. Care Commission Retirement Facs. Rev., Ser. 2013, 5.13%, due 7/1/23			2,118
			North Carolina Muni. Pwr. Agcy. Number 1 Catawba Elec. Ref. Rev.
	3,740		Ser. 2009-A, 5.00%, due 1/1/26 Pre-Refunded 1/1/19			3,818
	1,510		Ser. 2009-A, 5.00%, due 1/1/26			1,538
	1,000		Oak Island Enterprise Sys. Rev., Ser. 2009, (Assured Guaranty Insured), 5.63%, due 6/1/24			1,040
			Pre-Refunded 6/1/19
						10,177

See Notes to Financial Statements

18

---

Schedule of Investments Intermediate Municipal Fund Inc. (Unaudited) (cont’d)

PRINCIPAL AMOUNT					VALUE
(000’s omitted)					(000’s omitted)
Ohio 3.9%
$	8,875		Buckeye Tobacco Settlement Fin. Au. Asset-Backed Sr. Rev. (Turbo), Ser. 2007-A-2, 5.88%,		$	8,819
			due 6/1/47
	2,060		Cleveland Arpt. Sys. Rev. Ref., Ser. 2012-A, 5.00%, due 1/1/27			2,210
						11,029
Oklahoma 1.0%
	2,000		Oklahoma St. Dev. Fin. Au. Hlth. Sys. Rev. (OU Medicine Proj.), Ser. 2018-B, 5.00%, due 8/15/33			2,206
			Tulsa Arpt. Imp. Trust Ref. Rev.
	250		Ser. 2015-A, (BAM Insured), 5.00%, due 6/1/24			277
	400		Ser. 2015-A, (BAM Insured), 5.00%, due 6/1/25			442
						2,925
Oregon 0.1%
	240		Oregon St. Hsg. & Comm. Svc. Dept. Multi-Family Rev., Ser. 2012-B, (FHA Insured),			241
			3.50%, due 7/1/27
Pennsylvania 5.9%
			Indiana Co. Ind. Dev. Au. Rev. (Std. Cooperative Assoc., Inc.)
	500		Ser. 2012, 3.50%, due 5/1/25			514
	350		Ser. 2012, 3.60%, due 5/1/26			360
	2,830		Lancaster Co. Hosp. Au. Ref. Rev. (Hlth. Centre-Landis Homes Retirement Comm. Proj.),			2,934
			Ser. 2015-A, 4.25%, due 7/1/30
	1,250		Lancaster Ind. Dev. Au. Rev. (Garden Spot Village Proj.), Ser. 2013, 5.38%, due 5/1/28			1,369
	3,430		Norristown Area Sch. Dist. Cert. of Participation (Installment Purchase), Ser. 2012,			3,580
			4.50%, due 4/1/27
	2,625		Pennsylvania Econ. Dev. Fin. Au. Exempt Facs. Rev. Ref. (Amtrak Proj.), Ser. 2012-A,			2,858
			5.00%, due 11/1/24
	1,600		Pennsylvania Econ. Dev. Fin. Au. Rev. Ref. (Tapestry Moon Sr. Hsg. Proj.), Ser. 2018-A,			1,607	(b)
			6.75%, due 12/1/53
			Pennsylvania St. Turnpike Commission Rev.
	150		Subser. 2010-B2, 6.00%, due 12/1/34 Pre-Refunded 12/1/20			165
	705		Subser. 2010-B2, 6.00%, due 12/1/34 Pre-Refunded 12/1/20			775
	145		Subser. 2010-B2, 6.00%, due 12/1/34 Pre-Refunded 12/1/20			160
	2,000		Susquehanna Area Reg. Arpt. Au. Sys. Rev., Ser. 2012-A, 5.00%, due 1/1/27			2,151
						16,473
South Carolina 0.8%
	1,500		South Carolina Jobs Econ. Dev. Au. Econ. Dev. Rev. (River Park Sr. Living Proj.), Ser. 2017-A,			1,481
			7.75%, due 10/1/57
	750		South Carolina Jobs Econ. Dev. Au. Solid Waste Disp. Rev. (Repower South Berkeley LLC Proj.),			769	(b)
			Ser. 2017, 6.25%, due 2/1/45
						2,250
Tennessee 2.0%
	535		Bristol IDB Sales Tax Rev., Ser. 2016-B, 0.00%, due 12/1/22			424	(b)
	2,705		Memphis-Shelby Co. Arpt. Au. Arpt. Rev., Ser. 2010-B, 5.50%, due 7/1/19			2,813
	2,000		Tennessee St. Energy Acquisition Corp. Gas Rev. (Goldman Sachs Group, Inc.), Ser. 2006-A,			2,236
			5.25%, due 9/1/23
						5,473

See Notes to Financial Statements

19

---

Schedule of Investments Intermediate Municipal Fund Inc. (Unaudited) (cont’d)

PRINCIPAL AMOUNT					VALUE
(000’s omitted)					(000’s omitted)
Texas 6.3%
$	250		Anson Ed. Facs. Corp. Ed. Rev. (Arlington Classics Academy), Ser. 2016-A, 5.00%, due 8/15/45		$	259
			Arlington Higher Ed. Fin. Corp. Rev. (Universal Academy)
	500		Ser. 2014-A, 5.88%, due 3/1/24			499
	1,000		Ser. 2014-A, 6.63%, due 3/1/29			1,005
	770		Clifton Higher Ed. Fin. Corp. Rev. (Uplift Ed.), Ser. 2013-A, 3.10%, due 12/1/22			776
	250		Dallas Co. Flood Ctrl. Dist. Ref. G.O., Ser. 2015, 5.00%, due 4/1/28			262	(b)
	2,000		Fort Bend Co. Ind. Dev. Corp. Rev. (NRG Energy, Inc.), Ser. 2012-B, 4.75%, due 11/1/42			2,029
	500		Gulf Coast Ind. Dev. Au. Rev. (CITGO Petroleum Proj.), Ser. 1995, 4.88%, due 5/1/25			512
	1,000		Harris Co. Cultural Ed. Facs. Fin. Corp. Rev. (Brazos Presbyterian Homes, Inc. Proj.), Ser. 2013-B,			1,099
			5.75%, due 1/1/28
	2,900		Harris Co. Toll Road Sr. Lien Rev., Ser. 2008-B, 5.00%, due 8/15/33 Pre-Refunded 8/15/18			2,926
			Houston Higher Ed. Fin. Corp. Rev. (Cosmos Foundation)
	320		Ser. 2012-A, 4.00%, due 2/15/22			327
	1,000		Ser. 2012-A, 5.00%, due 2/15/32			1,058
	500		New Hope Cultural Ed. Facs. Fin. Corp. Retirement Fac. Ref. Rev. (Carillon Life Care Comm. Proj.),			511
			Ser. 2016, 5.00%, due 7/1/36
	500		New Hope Cultural Ed. Facs. Fin. Corp. Sr. Living Rev. (Cardinal Bay, Inc. Village On The Park			528
			Carriage), Ser. 2016-C, 5.75%, due 7/1/51
			North Texas Tollway Au. Dallas North Tollway Sys. Rev.
	2,435		Ser. 2005-C, 6.00%, due 1/1/23 Pre-Refunded 1/1/19			2,501
	565		Ser. 2005-C, 6.00%, due 1/1/23			580
	1,500		Texas Pub. Fin. Au. Rev. (So. Univ. Fin. Sys.), Ser. 2013, (BAM Insured), 5.00%, due 11/1/21			1,638
	1,175		West Harris Co. Reg. Wtr. Au. Sys. Wtr. Rev., Ser. 2009, 5.00%, due 12/15/35			1,220
						17,730
Utah 3.1%
			Salt Lake City Arpt. Rev.
	1,000		Ser. 2017-A, 5.00%, due 7/1/42			1,115
	2,000		Ser. 2017-A, 5.00%, due 7/1/47			2,214
	3,000		Salt Lake Co. Hosp. Rev. (IHC Hlth. Svc., Inc.), Ser. 2001, (AMBAC Insured), 5.40%, due 2/15/28			3,394
	1,200		Uintah Co. Muni. Bldg. Au. Lease Rev., Ser. 2008, 5.25%, due 6/1/20 Pre-Refunded 6/1/18			1,203
	500		Utah Charter Sch. Fin. Au. Rev. (Spectrum Academy Proj.), Ser. 2015, 6.00%, due 4/15/45			518	(b)
			Utah Hsg. Corp. Single Family Mtge. Rev.
	100		Ser. 2011-A2, Class I, 5.00%, due 7/1/20			103
	95		Ser. 2011-A2, Class I, 5.25%, due 7/1/21			99
	125		Ser. 2011-A2, Class I, 5.45%, due 7/1/22			129
						8,775
Vermont 3.0%
			Vermont Std. Assist. Corp. Ed. Loan Rev.
	1,600		Ser. 2012-A, 5.00%, due 6/15/21			1,711
	395		Ser. 2013-A, 4.25%, due 6/15/24			411
	940		Ser. 2013-A, 4.35%, due 6/15/25			979
	1,400		Ser. 2013-A, 4.45%, due 6/15/26			1,457
	455		Ser. 2013-A, 4.55%, due 6/15/27			474
	1,800		Ser. 2014-A, 5.00%, due 6/15/24			1,981
	1,390		Ser. 2015-A, 4.13%, due 6/15/27			1,387
						8,400
Virginia 0.3%
	850		Fairfax Co. Econ. Dev. Au. Residential Care Fac. Rev. (Vinson Hall LLC), Ser. 2013-A,			867
			4.00%, due 12/1/22

See Notes to Financial Statements

20

---

Schedule of Investments Intermediate Municipal Fund Inc. (Unaudited) (cont’d)

PRINCIPAL AMOUNT					VALUE
(000’s omitted)					(000’s omitted)
Washington 3.9%
$	6,700		Vancouver Downtown Redev. Au. Rev. (Conference Ctr. Proj.), Ser. 2013, 4.00%, due 1/1/28		$	6,834
	1,250		Washington St. Econ. Dev. Fin. Au. Env. Facs. Rev. (Columbia Pulp I LLC Proj.), Ser. 2017-A,			1,461	(b)
			7.50%, due 1/1/32
	2,525		Washington St. Higher Ed. Fac. Au. Ref. Rev. (Whitworth Univ. Proj.), Ser. 2009, 5.38%,			2,646
			due 10/1/29 Pre-Refunded 10/1/19
						10,941
West Virginia 0.4%
	1,000		West Virginia Sch. Bldg. Au. Excess Lottery Rev., Ser. 2008, 5.00%, due 7/1/19			1,005
			Pre-Refunded 7/1/18
Wisconsin 6.1%
	870		Pub. Fin. Au. Ed. Rev. (Pine Lake Preparatory, Inc.), Ser. 2015, 4.95%, due 3/1/30			906	(b)
	200		Pub. Fin. Au. Ed. Rev. (Resh Triangle High Sch. Proj.), Ser. 2015-A, 5.38%, due 7/1/35			198	(b)
	3,000		Pub. Fin. Au. Hsg. Rev. (Dogwood Hsg., Inc. Southeast Portfolio Proj.), Ser. 2016-A,			2,728
			4.25%, due 12/1/51
	500		Pub. Fin. Au. Hsg. Rev. (SAP Utah Portfolio), Ser. 2016-A, 3.75%, due 7/1/36			456
	250		Pub. Fin. Au. Multi-Family Hsg. Rev. (Estates Crystal Bay & Woodhaven Park Apts. Proj.),			243
			Ser. 2016-A, 4.00%, due 12/1/36
	1,790		Pub. Fin. Au. Rev. Ref. (Roseman Univ. Hlth. Sciences Proj.), Ser. 2015, 5.00%, due 4/1/25			1,882
			Wisconsin St. Hlth. & Ed. Fac. Au. Rev. (Beloit College)
	1,100		Ser. 2010-A, 6.13%, due 6/1/35 Pre-Refunded 6/1/20			1,193
	1,225		Ser. 2010-A, 6.13%, due 6/1/39 Pre-Refunded 6/1/20			1,328
			Wisconsin St. Hlth. & Ed. Fac. Au. Rev. (Marquette Univ.)
	1,340		Ser. 2008-B3, 5.00%, due 10/1/30 Pre-Refunded 12/23/19			1,406
	3,660		Ser. 2008-B3, 5.00%, due 10/1/30			3,803
	3,000		Wisconsin St. Hlth. & Ed. Fac. Au. Rev. (Meriter Hosp., Inc.), Ser. 2009, 5.63%, due 12/1/29			3,066
			Pre-Refunded 12/1/18
						17,209
			Total Investments 162.9% (Cost $428,612)			457,194
			Other Assets Less Liabilities 1.0%			2,763
			Liquidation Value of Variable Rate Municipal Term Preferred Shares			(179,334	)
			(net of unamortized deferred offering costs of approximately $66,000) (63.9)%
			Net Assets Applicable to Common Stockholders 100.0%		$	280,623

(a)		Variable rate demand obligation where the stated interest rate is not based on a published reference rate and spread. Rather, the interest rate generally resets daily or weekly and is determined by the remarketing agent. The rate shown represents the rate in effect at April 30, 2018.
(b)		Securities were purchased under Rule 144A of the Securities Act of 1933, as amended, or are otherwise restricted and, unless registered under the Securities Act of 1933 or exempted from registration, may only be sold to qualified institutional investors or may have other restrictions on resale. At April 30, 2018, these securities amounted to approximately $50,231,000, which represents 17.9% of net assets applicable to common stockholders of the Fund. Securities denoted with (b) but without (c) have been deemed by the investment manager to be liquid.
(c)		Illiquid security.
(d)		Defaulted security.

See Notes to Financial Statements

21

---

Schedule of Investments Intermediate Municipal Fund Inc. (Unaudited) (cont’d)

(e)		Currently a zero coupon security; will convert to 5.50% on August 1, 2021.
(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 6.88% on August 1, 2019.
(i)		Currently a zero coupon security; will convert to 7.30% on August 1, 2026.
(j)		All or a portion of this security is segregated in connection with obligations for when-issued securities with a total value of approximately $3,072,000.
(k)		When-issued security. Total value of all such securities at April 30, 2018 amounted to approximately $2,225,000, which represents 0.8% of net assets applicable to common stockholders of the Fund.
		The following is a summary, categorized by Level (see Note A of Notes to Financial Statements), of inputs used to value the Fund’s investments as of April 30, 2018:

Asset Valuation Inputs
(000’s omitted)		Level 1		Level 2			Level 3		Total
Investments:
Municipal Notes(a)		$—		$	457,194		$—		$	457,194
Total Investments		$—		$	457,194		$—		$	457,194

(a)

The Schedule of Investments provides a categorization by state/territory for the portfolio. As of the six months ended April 30, 2018, no securities were transferred from one level (as of October 31, 2017) to another.

See Notes to Financial Statements

22

---

Schedule of Investments New York Intermediate Municipal Fund Inc.

(Unaudited) April 30, 2018

PRINCIPAL AMOUNT					VALUE
(000’s omitted)					(000’s omitted)
Municipal Notes 169.0%
American Samoa 0.7%
$	500		American Samoa Econ. Dev. Au. Gen. Rev. Ref., Ser. 2015-A, 6.25%, due 9/1/29		$	481
California 6.4%
	250		California St. Poll. Ctrl. Fin. Au. Solid Waste Disp. Rev. (Aemerge Redpak Svcs. So. California LLC Proj.),			238	(a)(b)
			Ser. 2016, 7.00%, due 12/1/27
	3,115		Corona-Norca Unified Sch. Dist. G.O. Cap. Appreciation (Election 2006), Ser. 2009-C, (AGM Insured),			2,640
			0.00%, due 8/1/24
	1,470		Pico Rivera Pub. Fin. Au. Lease Rev., Ser. 2009, 4.75%, due 9/1/25 Pre-Refunded 9/1/19			1,528
						4,406
Georgia 0.7%
	500		Greene Co. Dev. Au. Swr. Fac. Rev., Ser. 2015, 6.13%, due 1/1/25			486	(a)(b)
Guam 3.3%
	1,135		Guam Gov’t Hotel Occupancy Tax Rev., Ser. 2011-A, 5.50%, due 11/1/19			1,184
	1,000		Guam Gov’t Waterworks Au. Wtr. & Wastewater Sys. Rev., Ser. 2010, 5.25%, due 7/1/25			1,068
			Pre-Refunded 7/1/20
						2,252
Illinois 1.5%
	1,000		Chicago G.O. Ref., Ser. 2003-B, 5.00%, due 1/1/23			1,052
Louisiana 0.8%
	500		Louisiana St. Pub. Facs. Au. Rev. (Southwest Louisiana Charter Academy Foundation Proj.), Ser. 2013-A,			528
			7.63%, due 12/15/28
Nevada 1.5%
	1,000		Las Vegas Redev. Agcy. Tax Increment Rev., Ser. 2009-A, 7.50%, due 6/15/23 Pre-Refunded 6/15/19			1,061
New York 148.9%
			Albany Cap. Res. Corp. Ref. Rev. (Albany College of Pharmacy & Hlth. Sciences)
	380		Ser. 2014-A, 5.00%, due 12/1/27			425
	375		Ser. 2014-A, 5.00%, due 12/1/28			418
	270		Ser. 2014-A, 5.00%, due 12/1/29			301
	500		Buffalo & Erie Co. Ind. Land Dev. Corp. Rev. (Tapestry Charter Sch. Proj.), Ser. 2017-A, 5.00%, due 8/1/47			519
	1,325		Buffalo & Erie Co. Ind. Land Dev. Corp. Rev. Ref. (Charter Sch. for Applied Technologies Proj.), Ser. 2017-A,			1,402
			5.00%, due 6/1/35
			Buffalo & Erie Co. Ind. Land Dev. Corp. Rev. Ref. (Orchard Park)
	500		Ser. 2015, 5.00%, due 11/15/27			542
	500		Ser. 2015, 5.00%, due 11/15/28			541
			Build NYC Res. Corp. Ref. Rev. (City Univ. - Queens College)
	270		Ser. 2014-A, 5.00%, due 6/1/26			309
	225		Ser. 2014-A, 5.00%, due 6/1/29			256
			Build NYC Res. Corp. Ref. Rev. (Methodist Hosp. Proj.)
	250		Ser. 2014, 5.00%, due 7/1/22			275
	500		Ser. 2014, 5.00%, due 7/1/29			558
	250		Build NYC Res. Corp. Ref. Rev. (New York Law Sch. Proj.), Ser. 2016, 4.00%, due 7/1/45			236

See Notes to Financial Statements

23

---

Schedule of Investments New York Intermediate Municipal Fund Inc.

(Unaudited) (cont’d)

PRINCIPAL AMOUNT					VALUE
(000’s omitted)					(000’s omitted)
			Build NYC Res. Corp. Ref. Rev. (Packer Collegiate Institute Proj.)
$	155		Ser. 2015, 5.00%, due 6/1/26		$	176
	125		Ser. 2015, 5.00%, due 6/1/27			141
	195		Ser. 2015, 5.00%, due 6/1/28			220
	220		Ser. 2015, 5.00%, due 6/1/29			248
	325		Ser. 2015, 5.00%, due 6/1/30			365
	565		Build NYC Res. Corp. Rev., Ser. 2014, 5.00%, due 11/1/24			587
	750		Build NYC Res. Corp. Rev. (Met Lighthouse Charter Sch. Proj.), Ser. 2017-A, 5.00%, due 6/1/47			774	(a)
	500		Build NYC Res. Corp. Rev. (South Bronx Charter Sch. Int’l Cultures), Ser. 2013-A, 3.88%, due 4/15/23			501
			Build NYC Res. Corp. Solid Waste Disp. Ref. Rev. (Pratt Paper, Inc. Proj.)
	105		Ser. 2014, 3.75%, due 1/1/20			107	(a)
	200		Ser. 2014, 4.50%, due 1/1/25			215	(a)
			Dutchess Co. Local Dev. Corp. Rev. (Culinary Institute of America Proj.)
	200		Ser. 2016-A-1, 5.00%, due 7/1/41			218
	275		Ser. 2016-A-1, 5.00%, due 7/1/46			297
	1,000		Dutchess Co. Local Dev. Corp. Rev. (Marist College Proj.), Ser. 2012-A, 5.00%, due 7/1/21			1,089
	1,050		Erie Co. IDA Sch. Fac. Rev. (Buffalo City Sch. Dist.), Ser. 2009-A, 5.25%, due 5/1/25 Pre-Refunded 5/1/19			1,085
	1,270		Geneva Dev. Corp. Rev. (Hobart & William Smith College Proj.), Ser. 2012, 5.00%, due 9/1/21			1,387
	1,500		Hempstead Town Local Dev. Corp. Rev. (Molloy College Proj.), Ser. 2009, 5.75%, due 7/1/23			1,567
			Pre-Refunded 7/1/19
	580		Islip, G.O., Ser. 2012, 3.00%, due 8/1/25			594
	1,500		Jefferson Co. Civic Fac. Dev. Corp. Rev. Ref. (Samaritan Med. Ctr. Obligated Group Proj.),			1,418
			Ser. 2017-A, 4.00%, due 11/1/47
	460		Jefferson Co. IDA Solid Waste Disp. Rev. (Green Bond), Ser. 2014, 4.75%, due 1/1/20			451	(a)
	300		Monroe Co. Ind. Dev. Corp. Rev. (Monroe Comm. College), Ser. 2014, (AGM Insured), 5.00%, due 1/15/29			333
			Monroe Co. Ind. Dev. Corp. Rev. (Nazareth College of Rochester Proj.)
	500		Ser. 2013-A, 5.00%, due 10/1/24			548
	500		Ser. 2013-A, 5.00%, due 10/1/25			546
	250		Ser. 2013-A, 4.00%, due 10/1/26			259
			Monroe Co. Ind. Dev. Corp. Rev. (St. John Fisher College)
	1,120		Ser. 2012-A, 5.00%, due 6/1/23			1,233
	210		Ser. 2012-A, 5.00%, due 6/1/25			231
	1,265		Montgomery Co. Cap. Res. Corp. Lease Ref. Rev. (HFM Boces Proj.), Ser. 2014, (MAC Insured), 5.00%,			1,453
			due 9/1/27
	500		MTA Hudson Rail Yards Trust Oblig. Rev., Ser. 2016-A, 5.00%, due 11/15/46			517
	2,000		Nassau Co. G.O. (Gen. Imp. Bonds), Ser. 2013-B, 5.00%, due 4/1/28 Pre-Refunded 4/1/23			2,262
	1,770		Nassau Co. IDA Rev. Ref. & Impt. (Cold Spring Harbor Laboratory), Ser. 1999, (LOC: TD Bank N.A.),			1,770	(c)
			1.36%, due 1/1/34
			Nassau Co. Local Econ. Assist. Corp. Rev. (Catholic Hlth. Svcs. of Long Island Obligated Group Proj.)
	500		Ser. 2014, 5.00%, due 7/1/23			554
	1,000		Ser. 2014, 5.00%, due 7/1/27			1,107
	4,175		Nassau Co. Tobacco Settlement Corp. Asset Backed, Ser. 2006-A-3, 5.13%, due 6/1/46			4,046
			New York City G.O.
	950		Ser. 2009-B, 5.00%, due 8/1/22			986
	1,000		Ser. 2009-E, 5.00%, due 8/1/21			1,038
	650		New York City Muni. Wtr. Fin. Au. Wtr. & Swr. Sys. Rev. (Second Gen. Fiscal 2008), Ser. 2007-BB-1,			650	(c)
			(LOC: Bank of Tokyo), 1.68%, due 6/15/36
	400		New York City Muni. Wtr. Fin. Au. Wtr. & Swr. Sys. Rev. (Second Generation Rev. Bonds), (LOC: JP			400	(c)
			Morgan Chase), Ser. 2010-DD-2, 1.55%, due 6/15/43
	500		New York Liberty Dev. Corp. Ref. Rev. (3 World Trade Ctr. Proj.), Ser. 2014, 5.38%, due 11/15/40			540	(a)
	2,000		New York Liberty Dev. Corp. Rev. (Goldman Sachs Headquarters), Ser. 2005, 5.25%, due 10/1/35			2,438	(d)
	1,815		New York St. Dorm. Au. Ref. Rev. Non St. Supported Debt (Pratt Institute), Ser. 2015-A, 3.00%, due 7/1/27			1,836
	780		New York St. Dorm. Au. Rev. Non St. Supported Debt (Culinary Institute of America),			846
			Ser. 2013, 4.63%, due 7/1/25
	500		New York St. Dorm. Au. Rev. Non St. Supported Debt (Manhattan Marymount College),			514
			Ser. 2009, 5.00%, due 7/1/24
	900		New York St. Dorm. Au. Rev. Non St. Supported Debt (Montefiore Med. Ctr.), Ser. 2008, (FHA Insured),			902
			5.00%, due 8/1/21

See Notes to Financial Statements

24

---

Schedule of Investments New York Intermediate Municipal Fund Inc.

(Unaudited) (cont’d)

PRINCIPAL AMOUNT					VALUE
(000’s omitted)					(000’s omitted)
$	1,595		New York St. Dorm. Au. Rev. Non St. Supported Debt (Mount Sinai Sch. of Medicine), Ser. 2009,		$	1,657
			5.25%, due 7/1/24 Pre-Refunded 7/1/19
	2,000		New York St. Dorm. Au. Rev. Non St. Supported Debt (North Shore-Long Island Jewish Oblig. Group),			2,137
			Ser. 2011-A, 4.38%, due 5/1/26 Pre-Refunded 5/1/21
	1,375		New York St. Dorm. Au. Rev. Non St. Supported Debt (Rochester Institute of Technology), Ser. 2012,			1,449
			4.00%, due 7/1/28
	2,000		New York St. Dorm. Au. Rev. Non St. Supported Debt (St. John’s Univ.), Ser. 2007-C, (National Public			2,076
			Finance Guarantee Corp. Insured), 5.25%, due 7/1/19
	600		New York St. Dorm. Au. Rev. Non St. Supported Debt (St. Joseph’s College), Ser. 2010, 5.25%, due 7/1/25			601
			New York St. Dorm. Au. Rev. Non St. Supported Debt (Touro College & Univ. Sys. Obligated Group)
	460		Ser. 2014-A, 4.00%, due 1/1/26			480
	470		Ser. 2014-A, 4.00%, due 1/1/27			489
	200		Ser. 2014-A, 4.00%, due 1/1/28			207
	275		Ser. 2014-A, 4.13%, due 1/1/29			286
	1,350		New York St. Dorm. Au. Rev. Non St. Supported Debt (Univ. Facs.), Ser. 2013-A, 5.00%, due 7/1/28			1,509
	750		New York St. Dorm. Au. Rev. Non St. Supported Debt (Vaughn College of Aeronautics & Technology),			774	(a)
			Ser. 2016, 5.00%, due 12/1/26
			New York St. Dorm. Au. Rev. Ref. Non St. Supported Debt (Orange Reg. Med. Ctr.)
	400		Ser. 2017, 5.00%, due 12/1/35			434	(a)
	200		Ser. 2017, 5.00%, due 12/1/36			216	(a)
	400		Ser. 2017, 5.00%, due 12/1/37			432	(a)
	2,000		New York St. Dorm. Au. Rev. St. Personal Income Tax Rev., Ser. 2012-A, 5.00%, due 12/15/26			2,227
	2,000		New York St. Env. Facs. Corp. (St. Clean Wtr. & Drinking), Ser. 2012-A, 4.00%, due 6/15/26			2,133
			New York St. HFA Rev. (Affordable Hsg.)
	1,615		Ser. 2009-B, 4.50%, due 11/1/29			1,639
	960		Ser. 2012-F, (SONYMA Insured), 3.05%, due 11/1/27			962
	400		New York St. Hsg. Fin. Agy. Rev. (625 W 57th Street), Ser. 2014-A, (LOC: Bank of New York), 1.75%,			400	(c)
			due 5/1/49
	1,045		New York St. Mtge. Agcy. Homeowner Mtge. Ref. Rev., Ser. 2014-189, 3.45%, due 4/1/27			1,050
			New York St. Muni. Bond Bank Agcy.
	1,230		Subser. 2009-B1, 5.00%, due 12/15/23			1,289
	1,295		Subser. 2009-B1, 5.00%, due 12/15/24			1,356
	1,090		New York St. Thruway Au. Second Gen. Hwy. & Bridge Trust Fund Bonds, Ser. 2009-B, 5.00%, due 4/1/19			1,122
	1,500		New York St. Trans. Dev. Corp. Spec. Fac. Ref. Rev. (American Airlines, Inc.-John F Kennedy Int’l Arpt.			1,569
			Proj.), Ser. 2016, 5.00%, due 8/1/31
	2,000		New York St. Trans. Dev. Corp. Spec. Fac. Rev. (Delta Airlines, Inc.-LaGuardia Arpt. Term. C&D Redev.),			2,225	(e)
			Ser. 2018, 5.00%, due 1/1/33
	1,545		New York St. Trans. Dev. Corp. Spec. Fac. Rev. (LaGuardia Arpt. Term B Redev. Proj.),			1,519
			Ser. 2016-A, 4.00%, due 7/1/41
	1,250		New York St. Urban Dev. Corp. Ref. Rev., Ser. 2008-D, 5.25%, due 1/1/20			1,278
	785		Newburgh, G.O., Ser. 2012-A, 5.00%, due 6/15/22			852
	900		Niagara Area Dev. Corp. Rev. (Covanta Energy Proj.), Ser. 2012, 4.00%, due 11/1/24			900	(a)
			Niagara Area Dev. Corp. Rev. (Niagara Univ. Proj.)
	640		Ser. 2012-A, 5.00%, due 5/1/25			696
	300		Ser. 2012-A, 5.00%, due 5/1/26			326
	1,100		Niagara Falls City Sch. Dist. Ref. Cert. Participation (High Sch. Fac.),			1,167
			Ser. 2015, (AGM Insured), 4.00%, due 6/15/26
	1,010		Onondaga Civic Dev. Corp. Ref. Rev., Ser. 2015, 5.00%, due 10/1/29			1,118
	500		Onondaga Civic Dev. Corp. Rev. (St. Josephs Hosp. Hlth. Ctr. Proj.), Ser. 2014-A, 5.00%, due 7/1/25			518
			Pre-Refunded 7/1/19
	1,000		Onondaga Co. Trust Cultural Res. Rev. (Syracuse Univ. Proj.), Ser. 2010-B, 5.00%, due 12/1/19			1,049
	1,500		Oyster Bay, G.O., Ser. 2014, (AGM Insured), 3.25%, due 8/1/21			1,530
	500		Port Au. New York & New Jersey Cons. Bonds Rev. Ref. (Two Hundred -Third), Ser. 2017, 5.00%, due			548
			4/15/57
	1,410		St. Lawrence Co. IDA Civic Dev. Corp. Rev. (St. Lawrence Univ. Proj.), Ser. 2012, 5.00%, due 7/1/28			1,556
	1,980		Suffolk Co. Judicial Facs. Agcy. Lease Rev. (H. Lee Dennison Bldg.), Ser. 2013, 5.00%, due 11/1/25			2,168
	1,000		Syracuse IDA (Carousel Ctr. Proj.), Ser. 2016-A, 5.00%, due 1/1/31			1,084
	190		Triborough Bridge & Tunnel Au. Oblig., Ser. 1998-A, (National Public Finance Guarantee Corp. Insured),			190
			4.75%, due 1/1/24

See Notes to Financial Statements

25

---

Schedule of Investments New York Intermediate Municipal Fund Inc.

(Unaudited) (cont’d)

PRINCIPAL AMOUNT					VALUE
(000’s omitted)					(000’s omitted)
			Triborough Bridge & Tunnel Au. Rev.
$	1,000		Subser. 2008-D, 5.00%, due 11/15/23 Pre-Refunded 11/15/18		$	1,017
	765		Subser. 2008-D, 5.00%, due 11/15/23			778
			TSASC Inc. Rev. Ref.
	580		Ser. 2017-A, 5.00%, due 6/1/28			661
	3,000		Ser. 2017-A, 5.00%, due 6/1/41			3,230
	1,405		United Nations Dev. Corp. Rev., Ser. 2009-A, 5.00%, due 7/1/22			1,458
	3,000		Utility Debt Securitization Au. Rev., Ser. 2013-TE, 5.00%, due 12/15/28			3,406
	1,000		Westchester Co. Local Dev. Corp. Ref. Rev. (Wartburg Sr. Hsg. Proj.), Ser. 2015-A, 5.00%, due 6/1/30			992	(a)
			Westchester Co. Local Dev. Corp. Ref. Rev. (Westchester Med. Ctr.)
	825		Ser. 2016, 5.00%, due 11/1/30			904
	1,000		Ser. 2016, 3.75%, due 11/1/37			935
	1,350		Westchester Co. Local Dev. Corp. Rev. (Kendal on Hudson Proj.), Ser. 2013, 5.00%, due 1/1/28			1,444
						102,274
Ohio 0.7%
	500		Buckeye Tobacco Settlement Fin. Au. Asset-Backed Sr. Rev. (Turbo), Ser. 2007-A-2, 5.88%, due 6/1/47			497
Pennsylvania 3.2%
			Pennsylvania St. Turnpike Commission Rev.
	285		Ser. 2010-B2, 6.00%, due 12/1/34 Pre-Refunded 12/1/20			313
	305		Subser. 2010-B2, 6.00%, due 12/1/34 Pre-Refunded 12/1/20			335
	1,410		Subser. 2010-B2, 6.00%, due 12/1/34			1,551
						2,199
Texas 0.5%
	400		Mission Econ. Dev. Corp. Wtr. Supply Rev. (Green Bond-Env. Wtr. Minerals Proj.), Ser. 2015, 7.75%,			309	(a)(b)
			due 1/1/45
Virgin Islands 0.8%
			Virgin Islands Pub. Fin. Au. Rev.
	250		Ser. 2014-A, 5.00%, due 10/1/24			183
	500		Ser. 2014-A, 5.00%, due 10/1/29			334
						517
			Total Municipal Notes (Cost $113,628)			116,062
UNITS
Liquidating Trust - Real Estate 2.5%
	600		CMS Liquidating Trust (Cost $3,106)			1,740	*(f)(g)
			Total Investments 171.5% (Cost $116,734)			117,802
			Liabilities Less Other Assets (1.2)%			(863	)
			Liquidation Value of Variable Rate Municipal Term Preferred Shares			(48,268	)
			(net of unamortized deferred offering costs of approximately $32,000) (70.3)%
			Net Assets Applicable to Common Stockholders 100.0%		$	68,671

See Notes to Financial Statements

26

---

The following is a summary, categorized by Level (see Note A of Notes to Financial Statements), of inputs used to value the Fund’s investments as of April 30, 2018:

Asset Valuation Inputs
(000’s omitted)		Level 1			Level 2			Level 3(b)			Total
Investments:
Municipal Notes(a)		$	—		$	116,062		$	—		$	116,062
Liquidating Trust - Real Estate			—			—			1,740			1,740
Total Investments		$	—		$	116,062		$	1,740		$	117,802

(a)

The Schedule of Investments provides a categorization by state/territory or industry for the portfolio.

See Notes to Financial Statements

27

---

Schedule of Investments New York Intermediate Municipal Fund Inc.

(Unaudited) (cont’d)

(b)

The following is a reconciliation between the beginning and ending balances of investments in which unobservable inputs (Level 3) were used in determining value:

																											Net change
																											in unrealized
																											appreciation/
																											(depreciation)
		Beginning									Change in																from
		balance,			Accrued						unrealized									Transfers		Transfers		Balance			investments
		as of			discounts/			Realized			appreciation/									in to		out of		as of			still held as of
		11/1/2017			(premiums)			gain/(loss)			(depreciation)			Purchases			Sales			Level 3		Level 3		4/30/2018			4/30/2018
(000’s omitted)
Investments in
Securities:
Units
Liquidating
Trust—
Real Estate		$	1,710		$	—		$	—		$	30		$	—		$	—		$ —		$ —		$	1,740		$	30
Total		$	1,710		$	—		$	—		$	30		$	—		$	—		$ —		$ —		$	1,740		$	30

As of the six months ended April 30, 2018, no securities were transferred from one level (as of October 31, 2017) to another.

The following table presents additional information about valuation techniques and inputs used for investments that are measured at fair value and categorized within Level 3 as of April 30, 2018.

Impact to

valuation

from

Asset

Fair value

Valuation

Unobservable

Range

Input value

decrease

class

at 4/30/2018

approach

input

per unit

per unit

in input

Units

$1,740,000

Income Approach

Appraised value

$2,592 - $2,903

$2,903

Decrease

See Notes to Financial Statements

28

---

Statements of Assets and Liabilities (Unaudited)

Neuberger Berman
(000’s omitted except per share amounts)

		CALIFORNIA						NEW YORK
		INTERMEDIATE			INTERMEDIATE			INTERMEDIATE
		MUNICIPAL			MUNICIPAL			MUNICIPAL
		FUND INC.			FUND INC.			FUND INC.
		April 30, 2018			April 30, 2018			April 30, 2018
Assets
Investments in securities, at value* (Note A)—
see Schedule of Investments:
Unaffiliated issuers(a)		$141,644			$457,194			$117,802
Cash		56			90			1,841
Interest receivable		1,679			6,401			1,717
Receivable for securities sold		35			385			—
Total Assets		143,414			464,070			121,360
Liabilities
Variable Rate Municipal Term Preferred Shares, Series A ($100,000 liquidation value per share; 590, 1,794 and 483 shares outstanding for California, Intermediate and New York, respectively) † (Note A)		58,966			179,334			48,268
Distributions payable—preferred shares		138			421			113
Distributions payable—common stock		249			1,174			200
Payable to investment manager (Note B)		29			95			24
Payable for securities purchased		2,256			2,223			3,995
Payable to administrator (Note B)		35			114			29
Payable to directors		3			3			3
Accrued expenses and other payables		58			83			57
Total Liabilities		61,734			183,447			52,689
Net Assets applicable to Common Stockholders		$81,680			$280,623			$68,671
Net Assets applicable to Common Stockholders consist of:
Paid-in capital—common stock		$78,453			$258,325			$70,706
Undistributed net investment income/(loss)		—			4,701			28
Distributions in excess of net investment income		(473	)		—			—
Accumulated net realized gains/(losses) on investments		(3,133	)		(10,985	)		(3,131	)
Net unrealized appreciation/(depreciation) in value of investments		6,833			28,582			1,068
Net Assets applicable to Common Stockholders		$81,680			$280,623			$68,671
Shares of Common Stock Outstanding ($0.0001 par value; 999,996,410, 999,990,206 and 999,996,517 shares authorized for California, Intermediate and New York, respectively)		5,551			18,804			5,077
Net Asset Value Per Share of Common Stock Outstanding		$14.71			$14.92			$13.52
* Cost of Investments
(a) Unaffiliated Issuers		$134,811			$428,612			$116,734
† Net of unamortized deferred offering costs of approximately:		$34			$66			$32

See Notes to Financial Statements

29

---

Statements of Operations (Unaudited)

Neuberger Berman
(000’s omitted)

		CALIFORNIA						NEW YORK
		INTERMEDIATE			INTERMEDIATE			INTERMEDIATE
		MUNICIPAL			MUNICIPAL			MUNICIPAL
		FUND INC.			FUND INC.			FUND INC.
		For the Six			For the Six			For the Six
		Months Ended			Months Ended			Months Ended
		April 30, 2018			April 30, 2018			April 30, 2018
Investment Income:
Income (Note A):
Interest income-unaffiliated issuers		2,742			10,324			2,357
Expenses:
Investment management fees (Note B)		176			578			147
Administration fees (Note B)		211			694			176
Audit fees		29			29			29
Basic maintenance expense (Note A)		20			20			20
Custodian and accounting fees		37			48			35
Insurance expense		2			8			2
Legal fees		11			37			12
Stockholder reports		2			5			2
Stock exchange listing fees		2			5			1
Stock transfer agent fees		14			14			14
Distributions to variable rate municipal term preferred shareholders
and amortization of offering costs (Note A)		745			2,249			612
Directors’ fees and expenses		22			22			22
Miscellaneous		12			20			9
Total expenses		1,283			3,729			1,081
Total net expenses		1,283			3,729			1,081
Net investment income/(loss)		$1,459			$6,595			$1,276
Realized and Unrealized Gain/(Loss) on Investments (Note A):
Net realized gain/(loss) on:
Transactions in investment securities of unaffiliated issuers		48			19			(181	)
Change in net unrealized appreciation/(depreciation)
in value of:
Investment securities of unaffiliated issuers		(2,638	)		(9,766	)		(2,724	)
Net gain/(loss) on investments		(2,590	)		(9,747	)		(2,905	)
Net increase/(decrease) in net assets applicable to Common
Stockholders resulting from operations		$(1,131	)		$(3,152	)		$(1,629	)

See Notes to Financial Statements

30

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Statements of Changes in Net Assets

Neuberger Berman
(000’s omitted)

		CALIFORNIA INTERMEDIATE						INTERMEDIATE
		MUNICIPAL FUND INC.						MUNICIPAL FUND INC.
		Six Months						Six Months
		Ended						Ended
		April 30, 2018			Year Ended			April 30, 2018			Year Ended
		(Unaudited)			October 31, 2017			(Unaudited)			October 31, 2017
Increase/(Decrease) in Net Assets Applicable
to Common Stockholders:
From Operations (Note A):
Net investment income/(loss)		$1,459			$3,391			$6,595			$13,880
Net realized gain/(loss) on investments		48			3			19			(1,300	)
Change in net unrealized appreciation/
(depreciation) of investments		(2,638	)		(2,332	)		(9,766	)		(7,703	)
Net increase/(decrease) in net assets applicable to
Common Stockholders resulting from operations		(1,131	)		1,062			(3,152	)		4,877
Distributions to Common Stockholders
From (Note A):
Net investment income		(1,670	)		(3,590	)		(7,520	)		(15,650	)
From Capital Share Transactions (Note D):
Proceeds from reinvestment of dividends
and distributions		—			12			—			222
Net Increase/(Decrease) in Net Assets
Applicable to Common Stockholders		(2,801	)		(2,516	)		(10,672	)		(10,551	)
Net Assets Applicable to
Common Stockholders:
Beginning of period		84,481			86,997			291,295			301,846
End of period		$81,680			$84,481			$280,623			$291,295
Undistributed net investment income/(loss)
at end of period		$—			$—			$4,701			$5,626
Distributions in excess of net investment income
at end of period		$(473	)		$(262	)		$—			$—

See Notes to Financial Statements

31

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NEW YORK INTERMEDIATE
MUNICIPAL FUND INC.
Six Months
Ended
April 30, 2018			Year Ended
(Unaudited)			October 31, 2017
$1,276			$2,800
(181	)		(473	)
(2,724	)		(1,914	)
(1,629	)		413
(1,309	)		(2,728	)
—			—
(2,938	)		(2,315	)
71,609			73,924
$68,671			$71,609
$28			$61
$—			$—

See Notes to Financial Statements

32

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Notes to Financial Statements Intermediate Municipal Closed-End Funds (Unaudited)

Note A—Summary of Significant Accounting Policies:

1	General: 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”) were organized as Maryland corporations on July 29, 2002. California and New York registered as non-diversified, closed-end management investment companies and Intermediate registered as a diversified, closed-end management investment company under the Investment Company Act of 1940, as amended (the “1940 Act”). Under the 1940 Act, the status of a Fund that was registered as non-diversified may, under certain circumstances, change to that of a diversified fund. Each Fund is currently a diversified fund. The Funds’ Boards of Directors (each Fund’s Board of Directors, a “Board”) may classify or re-classify any unissued shares of capital stock into one or more classes of preferred stock without the approval of stockholders. A zero balance, if any, reflects an actual amount rounding to less than $1,000. The assets of each Fund belong only to that Fund, and the liabilities of each Fund are borne solely by that Fund and no other. Each Fund is an investment company and accordingly follows the investment company accounting and reporting guidance of the Financial Accounting Standards Board (“FASB”) Accounting Standard Codification (“ASC”) Topic 946 “Financial Services—Investment Companies.” The preparation of financial statements in accordance with U.S. generally accepted accounting principles (“GAAP”) requires Neuberger Berman Investment Advisers LLC (“NBIA” or “Management”) to make estimates and assumptions at the date of the financial statements. Actual results could differ from those estimates.
2	Portfolio valuation: In accordance with ASC 820 “Fair Value Measurement” (“ASC 820”), all investments held by each of the Funds are carried at the value that 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 observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, amortized cost, etc.)
●	Level 3 –	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 notes and liquidating trust - real estate 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 and 3 inputs used by independent pricing

33

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	services to value municipal securities and units include current trades, bid-wanted lists (which inform 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, appraisals, bid offers 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, Management seeks to obtain quotations from brokers or dealers (generally considered Level 2 or Level 3 inputs depending on the number of quotes available). If such quotations are not readily available, the security is valued using methods the Board has approved in the good-faith belief that the resulting valuation will reflect the fair value of the security. Numerous factors may be considered when determining the fair value of a security based on Level 2 or Level 3 inputs, including available analyst, media or other reports, securities within the same industry with recent highly correlated performance, trading in futures or American Depositary Receipts 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.
3	Securities transactions and investment income: Securities transactions are recorded on trade date for financial reporting purposes. Interest income, including accretion of discount (adjusted for original issue discount, where applicable) and amortization of premium, where applicable, is recorded on the accrual basis. Realized gains and losses from securities transactions are recorded on the basis of identified cost and stated separately in the Statements of Operations.
4	Income tax information: Each Fund is treated as a separate entity for U.S. federal income tax purposes. It is the policy of each Fund to continue to qualify for treatment as a regulated investment company (“RIC”) by complying with the requirements of the U.S. Internal Revenue Code applicable to RICs and to distribute substantially all of its net investment income and net realized capital gains to its stockholders. To the extent a Fund distributes substantially all of its net investment income and net realized capital gains to stockholders, no federal income or excise tax provision is required. The Funds have adopted the provisions of ASC 740 “Income Taxes” (“ASC 740”). ASC 740 sets forth a minimum threshold for financial statement recognition of a tax position taken, or expected to be taken, in a tax return. The Funds recognize interest and penalties, if any, related to unrecognized tax positions as an income tax expense in the Statements of Operations. The Funds are subject to examination by U.S. federal and state tax authorities for returns filed for the tax years for which the applicable statutes of limitations have not yet expired. As of April 30, 2018, the Funds did not have any unrecognized tax positions. At April 30, 2018, selected Fund information for all long security positions for U.S. federal income tax purposes was as follows:

				Gross					Gross					Net Unrealized
				Unrealized					Unrealized					Appreciation/
(000’s omitted)		Cost		Appreciation					Depreciation					(Depreciation)
California		$134,811			$	7,797				$	964				$	6,833
Intermediate		428,792				32,059					3,657					28,402
New York		116,906				3,363					2,467					896

Income distributions and capital gain distributions are determined in accordance with income tax regulations, which may differ from GAAP. These differences, if any, are primarily due to differing treatments of income and gains on various investment securities held by each Fund, timing differences, capital loss carryforwards expiring and differing characterization of distributions made by each Fund.

34

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As determined on October 31, 2017, permanent differences resulting primarily from different book and tax accounting were reclassified at year end. Such differences are attributed to the tax treatment of partnership basis adjustments, prior year partnership adjustments, defaulted bonds, non-deductible Variable Rate Municipal Term Preferred Shares, Series A (“VMTPS”), and expiration of capital loss carryforwards. These reclassifications had no effect on net income, net asset value (“NAV”) or NAV per share of each Fund. For the year ended October 31, 2017, the Funds recorded the following permanent reclassifications:

												Accumulated Net
							Undistributed					Realized Gains/
							Net Investment					(Losses) on
	Paid-in Capital						Income/(Loss)					Investments
California		$	(813,250	)				$	29,565				$	783,685
Intermediate			(9,609,985	)					110,711					9,499,274
New York			(1,081,500	)					76,349					1,005,151

The tax character of distributions paid during the years ended October 31, 2017 and October 31, 2016 was as follows:

		Distributions Paid From:
		Ordinary Income						Tax-Exempt Income						Total
		2017			2016			2017			2016			2017			2016
California		$	33,345		$	30,146		$	4,743,113		$	5,188,627		$	4,776,458		$	5,218,773
Intermediate			187,099			178,448			19,069,206			19,536,613			19,256,305			19,715,061
New York			71,711			54,767			3,627,414			3,856,004			3,699,125			3,910,771

	As of October 31, 2017, the components of distributable earnings (accumulated losses) on a U.S. federal income tax basis were as follows:

		Undistributed					Undistributed					Unrealized					Loss						Other
		Tax-Exempt					Long-Term					Appreciation/					Carryforwards						Temporary
		Income					Capital Gain					(Depreciation)					and Deferrals						Differences				Total
California			$	126,631				$	—				$	9,471,339				$	(3,180,626	)			$	(389,282	)		$	6,028,062
Intermediate				7,214,827					—					38,168,615					(10,825,249	)				(1,588,752	)			32,969,441
New York				369,262					—					3,618,456					(2,776,692	)				(307,897	)			903,129

The temporary differences between book basis and tax basis distributable earnings are primarily due to: timing differences of distribution payments, partnership basis adjustments, capital loss carryforwards and defaulted bond income adjustments. To the extent each Fund’s net realized capital gains, if any, can be offset by capital loss carryforwards, it is the policy of each Fund not to distribute such gains. The Regulated Investment Company Modernization Act of 2010 made changes to the capital loss carryforward rules allowing for RICs to carry forward capital losses indefinitely and to retain the character of capital loss carryforwards as short-term or long-term (“Post-Enactment”). Rules in effect previously limited the carryforward period to eight years and all carryforwards were considered short-term in character (“Pre-Enactment”). As determined at October 31, 2017, the following Funds had unused capital loss carryforwards available for federal income tax purposes to offset net realized capital gains, if any, as follows:

		Pre-Enactment
		Expiring in:
		2018			2019
California		$	—		$	—
Intermediate			302,263			—
New York			—			7,374

35

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		Post-Enactment (No Expiration Date)
		Long-Term					Short-Term
California			$	2,792,194				$	388,432
Intermediate				8,932,302					1,590,684
New York				2,303,637					465,681

	Post-Enactment capital loss carryforwards must be fully used before Pre-Enactment capital loss carryforwards; therefore, under certain circumstances, Pre-Enactment capital loss carryforwards available as of the report date may expire unused.
	During the year ended October 31, 2017, California, Intermediate and New York had capital loss carryforwards expire of $783,685, $9,552,881 and $1,053,807, respectively.
	During the year ended October 31, 2017, California utilized capital loss carryforwards of $2,281.
5	Distributions to common stockholders: Each Fund earns income, net of expenses, daily on its investments. It is the policy of each Fund to declare and pay monthly distributions to common stockholders. Distributions from net realized capital gains, if any, are normally distributed in December. Distributions to common stockholders are recorded on the ex-date. Distributions to preferred stockholders are accrued and determined as described in Note A.
	On May 15, 2018, each Fund declared a monthly distribution to common stockholders payable June 15, 2018, to stockholders of record on May 31, 2018, with an ex-date of May 30, 2018 as follows:

		Distribution per share
California			$	0.0448
Intermediate				0.0624
New York				0.0393

On June 15, 2018, each Fund declared a monthly distribution to common stockholders payable July 16, 2018, to stockholders of record on June 29, 2018, with an ex-date of June 28, 2018 as follows:

		Distribution per share
California			$	0.0448
Intermediate				0.0624
New York				0.0393

6	Expense allocation: Certain expenses are applicable to multiple funds within the complex of related investment companies. Expenses directly attributable to a Fund are charged to that Fund. Expenses borne by the complex of related investment companies, which includes open-end and closed-end investment companies for which Management serves as investment manager, that are not directly attributable to a particular investment company (e.g., a Fund) are allocated among the Funds and the other investment companies or series thereof in the complex on the basis of relative net assets, except where a more appropriate allocation of expenses to each of the investment companies or series thereof in the complex can otherwise be made fairly.
7	Financial leverage: On June 24, 2014, the Funds re-classified unissued shares of capital stock into VMTPS as follows:

		Shares
California			590
Intermediate			1,794
New York			483

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On June 30, 2014, July 1, 2014 and July 2, 2014, the Funds issued VMTPS as follows:

		Shares
California			590
Intermediate			1,794
New York			483

	Each Fund’s VMTPS have a liquidation preference of $100,000 per share plus any accumulated unpaid distributions, whether or not earned or declared by the Fund, but excluding interest thereon (“VMTPS Liquidation Value”). Distributions on the VMTPS are accrued daily and paid monthly at a floating rate. For financial reporting purposes only, the liquidation preference of the VMTPS is recognized as a liability in each Fund’s Statement of Assets and Liabilities.
	The distribution rate for each Fund’s VMTPS is calculated based on the applicable SIFMA (Securities Industry and Financial Markets Association) Municipal Swap Index plus a spread. The table below sets forth key terms of each Fund’s VMTPS.

				Term				Aggregate
				Redemption		Shares		Liquidation
Fund		Series		Date		Outstanding		Preference
California		Series A		6/30/2019		590		$59,000,000
Intermediate		Series A		7/1/2019		1,794		$179,400,000
New York		Series A		7/2/2019		483		$48,300,000

	The Funds have paid up front expenses in connection with offering the VMTPS, which are being amortized over the life of the VMTPS. The expenses are included in the “Distributions to variable rate municipal term preferred shareholders and amortization of offering costs (Note A)” line item that is reflected in the Statements of Operations.
	Each Fund may redeem VMTPS, in whole or in part, at its option after giving a minimum amount of notice to the relevant holders of its VMTPS, but will incur additional expenses if it chooses to so redeem. Each Fund is also subject to certain restrictions relating to the VMTPS. Failure to comply with these restrictions could preclude a Fund from declaring any distributions to common stockholders or repurchasing common stock and/or could trigger the mandatory redemption of VMTPS at VMTPS Liquidation Value. The holders of VMTPS are entitled to one vote per share and will vote with holders of common stock as a single class, except that the holders of VMTPS will vote separately as a class on certain matters, as required by law or the Fund’s organizational documents. The holders of VMTPS, voting as a separate class, are entitled at all times to elect two Directors of the Fund, and to elect a majority of the Directors of the Fund if the Fund fails to pay distributions on VMTPS for two consecutive years. During the period ended April 30, 2018, the average aggregate liquidation preference outstanding and average annualized distribution rate of VMTPS were $59,000,000 and 2.50%, $179,400,000 and 2.50%, and $48,300,000 and 2.50%, for California, Intermediate and New York, respectively.
8	Concentration of risk: The ability of the issuers of the debt securities held by the Funds to meet their obligations may be affected by economic developments, including those particular to a specific industry or region. California and New York normally invest a substantial portion of their assets in municipal bonds of issuers located in the state of California and the state of New York, respectively. The value of each of these Funds’ securities are more susceptible to adverse economic, political, regulatory or other factors affecting the issuers of such municipal bonds than a fund that does not limit its investments to such issuers.

37

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9	Indemnifications: Like many other companies, the Funds’ organizational documents provide that their officers (“Officers”) and directors (“Directors”) are indemnified against certain liabilities arising out of the performance of their duties to the Funds. In addition, both in some of their principal service contracts and in the normal course of their business, the Funds enter into contracts that provide indemnifications to other parties for certain types of losses or liabilities. Each Fund’s maximum exposure under these arrangements is unknown as this could involve future claims against each Fund.
10	Arrangements with certain non-affiliated service providers: In order to satisfy rating agency requirements, each Fund is required to provide the rating agency that rates its VMTPS a report on a monthly basis verifying that each Fund is maintaining eligible assets having a discounted value equal to or greater than the Preferred Shares Basic Maintenance Amount, which is a minimum level set by the rating agency as one of the conditions to maintain its rating on the VMTPS. “Discounted value” refers to the fact that the rating agency requires each Fund, in performing this calculation, to discount portfolio securities below their face value, at rates determined by the rating agency. Each Fund pays a fee to State Street Bank and Trust Company (“State Street”) for the preparation of this report which is reflected in the Statements of Operations under the caption “Basic maintenance expense (Note A).”

Note B—Investment Management Fees, Administration Fees, and Other Transactions with Affiliates:

	Each Fund retains Management as its investment manager under a Management Agreement. For such investment management services, each Fund pays Management a fee at the annual rate of 0.25% of its average daily Managed Assets. Managed Assets equal the total assets of the Fund, less liabilities other than the aggregate indebtedness entered into for purposes of leverage. For purposes of calculating Managed Assets, any VMTPS Liquidation Value is not considered a liability.
	Each Fund retains Management as its administrator under an Administration Agreement. Each Fund pays Management an administration fee at the annual rate of 0.30% of its average daily Managed Assets under this agreement. Additionally, Management retains State Street as its sub-administrator under a Sub-Administration Agreement. Management pays State Street a fee for all services received under the agreement.

Note C—Securities Transactions:

	During the six months ended April 30, 2018, there were purchase and sale transactions of long-term securities as follows:

(000’s omitted)		Purchases					Sales
California			$	11,256				$	8,807
Intermediate				51,005					51,797
New York				11,627					10,822

Note D—Capital:

Transactions in shares of common stock for the six months ended April 30, 2018 and for the year ended October 31, 2017 were as follows:

		Stock Issued on				Net Increase/(Decrease)
		Reinvestment of Dividends				in Common Stock
		and Distributions				Outstanding
		2018		2017		2018		2017
California		—		804		—		804
Intermediate		—		14,429		—		14,429
New York		—		—		—		—

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Note E—Custodian Out-of-Pocket Expenses Refunded:

In May 2016, the Funds’ custodian, State Street, announced that it had identified inconsistencies in the way in which the Funds were invoiced for categories of expenses, particularly those deemed “out-of-pocket” costs, from 1998 through November 2015. The amounts in the table below represent the refunded expenses and interest determined to be payable to the Funds for the period in question. These amounts were refunded to the Funds by State Street during the year ended October 31, 2017.

		Expenses					Interest Paid to
		Refunded					the Funds
California			$	44,975				$	2,910
Intermediate				65,069					3,963
New York				39,182					2,629

Note F—Recent Accounting Pronouncement:

In March 2017, FASB issued Accounting Standards Update No. 2017-08, “Receivables—Nonrefundable Fees and Other Costs (Subtopic 310-20), Premium Amortization on Purchased Callable Debt Securities” (“ASU 2017-08”). ASU 2017-08 shortens the amortization period to the earliest call date for certain purchased callable debt securities held at a premium. The guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. Management is currently evaluating the impact of applying this guidance.

Note G—Unaudited Financial Information:

The financial information included in this interim report is taken from the records of each Fund without audit by an independent registered public accounting firm. Annual reports contain audited financial statements.

39

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Financial Highlights

California Intermediate Municipal Fund Inc.

The following table includes selected data for a share of common stock outstanding throughout each period and other performance information derived from the Financial Statements. Amounts that do not round to $0.01 or $(0.01) per share are presented as $0.00 or $(0.00), respectively. Ratios that do not round to 0.01% or (0.01)% are presented as 0.00% or (0.00)%, respectively. A “-” indicates that the line item was not applicable in the corresponding period.

		Six Months
		Ended
		April 30, 2018				Year Ended October 31,
		(Unaudited)				2017				2016				2015				2014					2013
Common Stock Net Asset Value,
Beginning of Period		$	15.22			$	15.67			$	15.34			$	15.51			$	14.46				$	15.85
Income From Investment Operations
Applicable to Common Stockholders:
Net Investment Income/(Loss)@			0.26				0.61				0.63				0.64					0.72				0.79
Net Gains or Losses on Securities
(both realized and unrealized)			(0.47	)			(0.41	)			0.47				0.01					1.16				(1.34	)
Common Stock Equivalent of Distributions to
AMPs Preferred Stockholders From:
Net Investment Income@			—				—				—				—					(0.01	)			(0.02	)
Total From Investment Operations
Applicable to Common Stockholders			(0.21	)			0.20				1.10				0.65					1.87				(0.57	)
Less Distributions to Common
Stockholders From:
Net Investment Income			(0.30	)			(0.65	)			(0.77	)			(0.82	)				(0.82	)			(0.82	)
Common Stock Net Asset Value,
End of Period		$	14.71			$	15.22			$	15.67			$	15.34			$	15.51				$	14.46
Common Stock Market Value,
End of Period		$	12.62			$	13.91			$	15.57			$	15.33			$	15.53				$	14.26
Total Return, Common Stock Net Asset Value†			(1.14	)%*			1.60	%a			7.28	%			4.37	%			13.28		%			(3.65	)%
Total Return, Common Stock Market Value†			(7.20	)%*			(6.55	)%a			6.67	%			4.16	%			15.02		%			(9.60	)%
Supplemental Data/Ratios††
Net Assets Applicable to Common
Stockholders, End of Period (in millions)		$	81.7			$	84.5			$	87.0			$	85.0				$	85.9			$	80.0
Preferred Stock Outstanding,
End of Period (in millions)^		$	59.0	ØØ		$	59.0	ØØ		$	59.0			$	59.0				$	59.0			$	59.0
Preferred Stock Liquidation Value Per Share^		$	100,000			$	100,000			$	100,000			$	100,000			$	100,000				$	25,000
Ratios are Calculated Using
Average Net Assets Applicable to
Common Stockholders
Ratio of Gross ExpensesØ			3.11	%**			2.76	%			2.40	%			2.20	%				1.70	%			1.43	%
Ratio of Net ExpensesØ			3.11	%**			2.70	%b			2.40	%			2.20	%				1.70	%			1.43	%‡
Ratio of Net Investment Income/(Loss)
Excluding AMPs Preferred Stock Distributions^			3.54	%**			4.04	%b			3.95	%			4.16	%				4.85	%c			5.19	%c
Portfolio Turnover Rate			6	%*			36	%			12	%			9	%				24	%			47	%
Asset Coverage Per Share, of Preferred
Stock, End of Period¢		$	238,617			$	243,283			$	247,614			$	244,175			$	245,704				$	58,900

See Notes to Financial Highlights

40

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Financial Highlights

Intermediate Municipal Fund Inc.

The following table includes selected data for a share of common stock outstanding throughout each period and other performance information derived from the Financial Statements. Amounts that do not round to $0.01 or $(0.01) per share are presented as $0.00 or $(0.00), respectively. Ratios that do not round to 0.01% or (0.01)% are presented as 0.00% or (0.00)%, respectively. A “-” indicates that the line item was not applicable in the corresponding period.

		Six Months
		Ended
		April 30, 2018				Year Ended October 31,
		(Unaudited)				2017				2016				2015				2014				2013
Common Stock Net Asset Value,
Beginning of Period		$	15.49			$	16.06			$	15.84			$	16.11			$	14.54			$	15.96
Income From Investment Operations
Applicable to Common Stockholders:
Net Investment Income/(Loss)@			0.35				0.74				0.77				0.81				0.88				0.89
Net Gains or Losses on Securities
(both realized and unrealized)			(0.52	)			(0.48	)			0.35				(0.18	)			1.55				(1.45	)
Common Stock Equivalent of Distributions to
AMPs Preferred Stockholders From:
Net Investment Income@			—				—				—				—				(0.01	)			(0.02	)
Total From Investment Operations
Applicable to Common Stockholders			(0.17	)			0.26				1.12				0.63				2.42				(0.58	)
Less Distributions to Common
Stockholders From:
Net Investment Income			(0.40	)			(0.83	)			(0.90	)			(0.90	)			(0.85	)			(0.84	)
Common Stock Net Asset Value,
End of Period		$	14.92			$	15.49			$	16.06			$	15.84			$	16.11			$	14.54
Common Stock Market Value,
End of Period		$	13.53			$	14.92			$	15.34			$	15.53			$	15.42			$	14.10
Total Return, Common Stock Net Asset Value†			(0.93	)%*			1.83	%a			7.19	%			4.21	%			17.24	%			(3.59	)%
Total Return, Common Stock Market Value†			(6.73	)%*			2.68	%a			4.42	%			6.74	%			15.72	%			(9.19	)%
Supplemental Data/Ratios††
Net Assets Applicable to Common
Stockholders, End of Period (in millions)		$	280.6			$	291.3			$	301.8			$	297.3			$	302.3			$	272.9
Preferred Stock Outstanding,
End of Period (in millions)^^		$	179.3	ØØ		$	179.3	ØØ		$	179.4			$	179.4			$	179.4			$	179.4
Preferred Stock Liquidation Value Per Share^^		$	100,000			$	100,000			$	100,000			$	100,000			$	100,000			$	25,000
Ratios are Calculated Using
Average Net Assets Applicable to
Common Stockholders
Ratio of Gross ExpensesØ			2.62	%**			2.31	%			2.00	%			1.84	%			1.41	%			1.17	%
Ratio of Net ExpensesØ			2.62	%**			2.29	%b			2.00	%			1.84	%			1.41	%			1.17	%‡
Ratio of Net Investment Income/(Loss)
Excluding AMPs Preferred Stock Distributions^^			4.64	%**			4.78	%b			4.70	%			5.05	%			5.77	%c			5.78	%c
Portfolio Turnover Rate			11	%*			20	%			19	%			9	%			24	%			40	%
Asset Coverage Per Share, of Preferred
Stock, End of Period¢		$	256,621			$	262,497			$	268,414			$	265,828			$	268,620			$	63,026

See Notes to Financial Highlights

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Financial Highlights

New York Intermediate Municipal Fund Inc.

The following table includes selected data for a share of common stock outstanding throughout each period and other performance information derived from the Financial Statements. Amounts that do not round to $0.01 or $(0.01) per share are presented as $0.00 or $(0.00), respectively. Ratios that do not round to 0.01% or (0.01)% are presented as 0.00% or (0.00)%, respectively. A “-” indicates that the line item was not applicable in the corresponding period.

		Six Months
		Ended
		April 30, 2018				Year Ended October 31,
		(Unaudited)				2017				2016				2015				2014				2013
Common Stock Net Asset Value,
Beginning of Period		$	14.10			$	14.56			$	14.31			$	14.52			$	13.71			$	15.03
Income From Investment Operations
Applicable to Common Stockholders:
Net Investment Income/(Loss)@			0.25				0.55				0.57				0.60				0.67				0.71
Net Gains or Losses on Securities
(both realized and unrealized)			(0.57	)			(0.47	)			0.30				(0.09	)			0.93				(1.23	)
Common Stock Equivalent of Distributions to
AMPs Preferred Stockholders From:
Net Investment Income@			—				—				—				—				(0.01	)			(0.02	)
Total From Investment Operations
Applicable to Common Stockholders			(0.32	)			0.08				0.87				0.51				1.59				(0.54	)
Less Distributions to Common
Stockholders From:
Net Investment Income			(0.26	)			(0.54	)			(0.62	)			(0.72	)			(0.78	)			(0.78	)
Common Stock Net Asset Value,
End of Period		$	13.52			$	14.10			$	14.56			$	14.31			$	14.52			$	13.71
Common Stock Market Value,
End of Period		$	11.60			$	12.44			$	13.44			$	13.78			$	14.11			$	12.97
Total Return, Common Stock Net Asset Value†			(2.02	)%*			1.04	%a			6.27	%			3.70	%			12.16	%			(3.50	)%
Total Return, Common Stock Market Value†			(4.72	)%*			(3.43	)%a			1.87	%			2.76	%			15.21	%			(12.82	)%
Supplemental Data/Ratios††
Net Assets Applicable to Common
Stockholders, End of Period (in millions)		$	68.7			$	71.6			$	73.9			$	72.6			$	73.7			$	69.6
Preferred Stock Outstanding,
End of Period (in millions)^^^		$	48.3	ØØ		$	48.3	ØØ		$	48.3			$	48.3			$	48.3			$	48.3
Preferred Stock Liquidation Value Per Share^^^		$	100,000			$	100,000			$	100,000			$	100,000			$	100,000			$	25,000
Ratios are Calculated Using
Average Net Assets Applicable to
Common Stockholders
Ratio of Gross ExpensesØ			3.10	%**			2.75	%			2.39	%			2.19	%			1.71	%			1.43	%
Ratio of Net ExpensesØ			3.10	%**			2.69	%b			2.39	%			2.19	%			1.71	%			1.43	%‡
Ratio of Net Investment Income/(Loss)
Excluding AMPs Preferred Stock Distributions^^^			3.67	%**			3.92	%b			3.90	%			4.14	%			4.75	%c			4.93	%c
Portfolio Turnover Rate			9	%*			25	%			10	%			18	%			32	%			52	%
Asset Coverage Per Share, of Preferred
Stock, End of Period¢		$	242,345			$	248,341			$	253,212			$	250,512			$	252,753			$	61,059

See Notes to Financial Highlights

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Notes to Financial Highlights (Unaudited)

@	Calculated based on the average number of shares of common stock outstanding during each fiscal period.
†	Total return based on per share NAV reflects the effects of changes in NAV on the performance of each Fund during each fiscal period. Total return based on per share market value assumes the purchase of shares of common stock at the market price on the first day and sale of common stock at the market price on the last day of the period indicated. Dividends and distributions, if any, are assumed to be reinvested at prices obtained under each Fund’s distribution reinvestment plan. Results represent past performance and do not indicate future results. Current returns may be lower or higher than the performance data quoted. Investment returns may fluctuate and shares of common stock when sold may be worth more or less than original cost.
*	Not annualized.
††	Expense ratios do not include the effect of distributions on Auction Market Preferred Shares (“AMPs”). Income ratios include income earned on assets attributable to the VMTPS (AMPs prior to June 30, 2014, July 1, 2014 and July 2, 2014 for California, Intermediate and New York, respectively) outstanding.
^	Prior to June 30, 2014, California had AMPs outstanding. On June 30, 2014, California issued 590 VMTPS and redeemed its outstanding AMPs.
^^	Prior to July 1, 2014, Intermediate had AMPs outstanding. On July 1, 2014, Intermediate issued 1,794 VMTPS and redeemed its outstanding AMPs.
^^^	Prior to July 2, 2014, New York had AMPs outstanding. On July 2, 2014, New York issued 483 VMTPS and redeemed its outstanding AMPs.
Ø	Distributions on VMTPS are included in expense ratios. The annualized ratios of distributions on VMTPS to average net assets applicable to common stockholders were:

			Six Months Ended April 30,		Year Ended October 31,
			2018		2017		2016		2015		2014
	California		1.77%		1.41%		1.06%		0.89%		0.96%
	Intermediate		1.56%		1.24%		0.92%		0.77%		0.83%
	New York		1.72%		1.36%		1.01%		0.85%		0.91%

**	Annualized.
ØØ	During the year ended October 31, 2017, each Fund adopted FASB’s Accounting Standards Update No. 2015-03. At April 30, 2018, the Value of Preferred Stock Outstanding is being shown net of unamortized deferred offering costs of approximately $34,000, $66,000 and $32,000 for California, Intermediate and New York, respectively. At October 31, 2017, the Value of Preferred Stock Outstanding is being shown net of unamortized deferred offering costs of approximately $49,000, $95,000 and $46,000 for California, Intermediate and New York, respectively.
‡	Each Fund is required to calculate an expense ratio without taking into consideration any expense reductions related to expense offset arrangements. Prior to January 1, 2013, each Fund had an expense offset arrangement in connection with its custodian contract. Had the Funds not received expense reductions related to expense offset arrangements, the annualized ratios of net expenses to average daily net assets applicable to common stockholders would have been:

		Year Ended October 31,
		2013
	California	1.43%
	Intermediate	1.17%
	New York	1.43%

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¢	Calculated by subtracting the Fund’s total liabilities (excluding the liquidation preference of VMTPS and accumulated unpaid distributions on VMTPS (AMPs prior to June 30, 2014, July 1, 2014 and July 2, 2014 for California, Intermediate and New York, respectively)) from the Fund’s total assets and dividing by the number of VMTPS/AMPs outstanding.
a	The Custodian Out-of-Pocket Expenses Refunded listed in Note E of the Notes to Financial Statements had no impact on the Funds’ total returns for the year ended October 31, 2017.
b	Custodian Out-of-Pocket Expenses Refunded, as listed in Note E of the Notes to Financial Statements, which is non-recurring, is included in these ratios on a non-annualized basis. Had the Funds not received the refund the annualized ratios of net expenses to average net assets and net investment income/(loss) to average net assets would have been:

			Ratio of Net Expenses to Average Net Assets Year Ended October 31, 2017		Ratio of Net Investment Income/ (Loss) to Average Net Assets Year Ended October 31, 2017
	California		2.76%		3.98%
	Intermediate		2.31%		4.75%
	New York		2.75%		3.86%

c	The annualized ratios of distributions on AMPs to average net assets applicable to common stockholders were:

		Year Ended October 31,
		2014		2013
	California	0.05%		0.13%
	Intermediate	0.04%		0.12%
	New York	0.05%		0.12%

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Distribution Reinvestment Plan for each Fund

American Stock Transfer & Trust Company, LLC (the “Plan Agent”) will act as Plan Agent for stockholders who have not elected in writing to receive dividends and distributions in cash (each a “Participant”), will open an account for each Participant under the Distribution Reinvestment Plan (“Plan”) in the same name as their then-current shares of the Fund’s common stock (“Shares”) are registered, and will put the Plan into effect for each Participant as of the first record date for a dividend or capital gains distribution.

Whenever the Fund declares a dividend or distribution with respect to the Shares, each Participant will receive such dividends and distributions in additional Shares, including fractional Shares acquired by the Plan Agent and credited to each Participant’s account. If on the payment date for a cash dividend or distribution, the net asset value is equal to or less than the market price per Share plus estimated brokerage commissions, the Plan Agent shall automatically receive such Shares, including fractions, for each Participant’s account. Except in the circumstances described in the next paragraph, the number of additional Shares to be credited to each Participant’s account shall be determined by dividing the dollar amount of the dividend or distribution payable on their Shares by the greater of the net asset value per Share determined as of the date of purchase or 95% of the then-current market price per Share on the payment date.

Should the net asset value per Share exceed the market price per Share plus estimated brokerage commissions on the payment date for a cash dividend or distribution, the Plan Agent or a broker-dealer selected by the Plan Agent shall endeavor, for a purchase period lasting until the last business day before the next date on which the Shares trade on an “ex-dividend” basis, but in no event, except as provided below, more than 30 days after the payment date, to apply the amount of such dividend or distribution on each Participant’s Shares (less their pro rata share of brokerage commissions incurred with respect to the Plan Agent’s open-market purchases in connection with the reinvestment of such dividend or distribution) to purchase Shares on the open market for each Participant’s account. No such purchases may be made more than 30 days after the payment date for such dividend or distribution except where temporary curtailment or suspension of purchase is necessary to comply with applicable provisions of federal securities laws. If, at the close of business on any day during the purchase period the net asset value per Share equals or is less than the market price per Share plus estimated brokerage commissions, the Plan Agent will not make any further open-market purchases in connection with the reinvestment of such dividend or distribution. If the Plan Agent is unable to invest the full dividend or distribution amount through open-market purchases during the purchase period, the Plan Agent shall request that, with respect to the uninvested portion of such dividend or distribution amount, the Fund issue new Shares at the close of business on the earlier of the last day of the purchase period or the first day during the purchase period on which the net asset value per Share equals or is less than the market price per Share, plus estimated brokerage commissions, such Shares to be issued in accordance with the terms specified in the third paragraph hereof. These newly issued Shares will be valued at the then-current market price per Share at the time such Shares are to be issued.

For purposes of making the reinvestment purchase comparison under the Plan, (a) the market price of the Shares on a particular date shall be the last sales price on the New York Stock Exchange (or if the Shares are not listed on the New York Stock Exchange, such other exchange on which the Shares are principally traded) on that date, or, if there is no sale on such Exchange (or if not so listed, in the over-the-counter market) on that date, then the mean between the closing bid and asked quotations for such Shares on such Exchange on such date and (b) the net asset value per Share on a particular date shall be the net asset value per Share most recently calculated by or on behalf of the Fund. All dividends, distributions and other payments (whether made in cash or Shares) shall be made net of any applicable withholding tax.

Open-market purchases provided for above may be made on any securities exchange where the Fund’s Shares are traded, in the over-the-counter market or in negotiated transactions and may be on such terms as to price, delivery and otherwise as the Plan Agent shall determine. Each Participant’s uninvested funds held by the Plan Agent will not bear interest, and it is understood that, in any event, the Plan Agent shall have no liability in connection with any inability to purchase Shares within 30 days after the initial date of such purchase as herein provided, or with the timing

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of any purchases effected. The Plan Agent shall have no responsibility as to the value of the Shares acquired for each Participant’s account. For the purpose of cash investments, the Plan Agent may commingle each Participant’s funds with those of other stockholders of the Fund for whom the Plan Agent similarly acts as agent, and the average price (including brokerage commissions) of all Shares purchased by the Plan Agent as Plan Agent shall be the price per Share allocable to each Participant in connection therewith.

The Plan Agent may hold each Participant’s Shares acquired pursuant to the Plan together with the Shares of other stockholders of the Fund acquired pursuant to the Plan in noncertificated form in the Plan Agent’s name or that of the Plan Agent’s nominee. The Plan Agent will forward to each Participant any proxy solicitation material and will vote any Shares so held for each Participant only in accordance with the instructions set forth on proxies returned by the Participant to the Fund.

The Plan Agent will confirm to each Participant each acquisition made for their account as soon as practicable but not later than 60 days after the date thereof. Although each Participant may from time to time have an undivided fractional interest (computed to three decimal places) in a Share, no certificates for a fractional Share will be issued. However, dividends and distributions on fractional Shares will be credited to each Participant’s account. In the event of termination of a Participant’s account under the Plan, the Plan Agent will adjust for any such undivided fractional interest in cash at the market value of the Shares at the time of termination, less the pro rata expense of any sale required to make such an adjustment.

Any Share dividends or split Shares distributed by the Fund on Shares held by the Plan Agent for Participants will be credited to their accounts. In the event that the Fund makes available to its stockholders rights to purchase additional Shares or other securities, the Shares held for each Participant under the Plan will be added to other Shares held by the Participant in calculating the number of rights to be issued to each Participant.

The Plan Agent’s service fee for handling capital gains and other distributions or income dividends will be paid by the Fund. Participants will be charged their pro rata share of brokerage commissions on all open-market purchases.

Each Participant may terminate their account under the Plan by notifying the Plan Agent in writing. Such termination will be effective immediately if the Participant’s notice is received by the Plan Agent not less than ten days prior to any dividend or distribution record date, otherwise such termination will be effective the first trading day after the payment date for such dividend or distribution with respect to any subsequent dividend or distribution. The Plan may be terminated by the Plan Agent or the Fund upon notice in writing mailed to each Participant at least 30 days prior to any record date for the payment of any dividend or distribution by the Fund.

These terms and conditions may be amended or supplemented by the Plan Agent or the Fund at any time or times but, except when necessary or appropriate to comply with applicable law or the rules or policies of the Securities and Exchange Commission or any other regulatory authority, only by mailing to each Participant appropriate written notice at least 30 days prior to the effective date thereof. The amendment or supplement shall be deemed to be accepted by each Participant unless, prior to the effective date thereof, the Plan Agent receives written notice of the termination of their account under the Plan. Any such amendment may include an appointment by the Plan Agent in its place and stead of a successor Plan Agent under these terms and conditions, with full power and authority to perform all or any of the acts to be performed by the Plan Agent under these terms and conditions. Upon any such appointment of any Plan Agent for the purpose of receiving dividends and distributions, the Fund will be authorized to pay to such successor Plan Agent, for each Participant’s account, all dividends and distributions payable on Shares held in their name or under the Plan for retention or application by such successor Plan Agent as provided in these terms and conditions.

The Plan Agent shall at all times act in good faith and agrees to use its best efforts within reasonable limits to ensure the accuracy of all services performed under this Agreement and to comply with applicable law, but assumes no responsibility and shall not be liable for loss or damage due to errors unless such error is caused by the Plan Agent’s negligence, bad faith, or willful misconduct or that of its employees. These terms and conditions are governed by the laws of the State of Maryland.

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Reinvested dividends and distributions are taxed in the same manner as cash dividends and distributions — i.e., reinvestment in additional Shares does not relieve stockholders of, or defer the need to pay, any income tax that may be payable (or that is required to be withheld) on Fund dividends and distributions. Participants should contact their tax professionals for information on how the Plan impacts their personal tax situation. For additional information about the Plan, please contact the Plan Agent by telephone at 1-866-227-2136 or by mail at 6201 15th Avenue, Brooklyn, NY, 11219 or online at www.astfinancial.com.

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Directory

Investment Manager and Administrator Neuberger Berman Investment Advisers LLC 1290 Avenue of the Americas New York, NY 10104-0002 877.461.1899 or 212.476.8800	Plan Agent American Stock Transfer & Trust Company, LLC Plan Administration Department P.O. Box 922 Wall Street Station New York, NY 10269-0560
Custodian State Street Bank and Trust Company One Lincoln Street Boston, MA 02111	Overnight correspondence should be sent to: American Stock Transfer & Trust Company, LLC 6201 15th Avenue Brooklyn, NY 11219
Transfer Agent American Stock Transfer & Trust Company, LLC 6201 15th Avenue Brooklyn, NY 11219	Legal Counsel K&L Gates LLP 1601 K Street, NW Washington, DC 20006-1600 Independent Registered Public Accounting Firm Ernst & Young LLP 200 Clarendon Street Boston, MA 02116

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Proxy Voting Policies and Procedures

A description of the policies and procedures that the Funds use to determine how to vote proxies relating to portfolio securities is available, without charge, by calling 800-877-9700 (toll-free) and on the Securities and Exchange Commission’s website, at www.sec.gov. Information regarding how the Funds voted proxies relating to portfolio securities during the most recent 12-month period ended June 30 is also available, upon request, without charge, by calling 800-877-9700 (toll-free), on the Securities and Exchange Commission’s website at www.sec.gov, and on Management’s website at www.nb.com.

Quarterly Portfolio Schedule

Each Fund files a complete schedule of portfolio holdings with the Securities and Exchange Commission for the first and third quarters of each fiscal year on Form N-Q. The Funds’ Forms N-Q are available on the Securities and Exchange Commission’s website at www.sec.gov and may be reviewed and copied at the Securities and Exchange Commission’s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 800-SEC-0330. The information on Form N-Q is available upon request, without charge, by calling 800-877-9700 (toll-free).

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FACTS	WHAT DOES NEUBERGER BERMAN DO WITH YOUR PERSONAL INFORMATION?
Why?	Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do.
What?	The types of personal information we collect and share depend on the product or service you have with us. This information can include: ◼Social Security number and account balances ◼income and transaction history ◼credit history and credit scores When you are no longer our customer, we continue to share your information as described in this notice.
How?	All financial companies need to share customers’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers’ personal information; the reasons Neuberger Berman chooses to share; and whether you can limit this sharing.

Reasons we can share your personal information	Does Neuberger Berman share?	Can you limit this sharing?
For our everyday business purposes— such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus	Yes	No
For our marketing purposes— to offer our products and services to you	Yes	No
For joint marketing with other financial companies	No	We don’t share
For our affiliates’ everyday business purposes— information about your transactions and experiences	Yes	No
For our affiliates’ everyday business purposes— information about your creditworthiness	No	We don’t share
For nonaffiliates to market to you	No	We don’t share

Questions?	Call 800.223.6448

This is not part of the Funds’ stockholder report.

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Who we are
Who is providing this notice?	Entities within the Neuberger Berman family of companies, mutual funds, and private investment funds.
What we do
How does Neuberger Berman protect my personal information?	To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. We restrict access to customer information to those employees who need to know such information in order to perform their job responsibilities.
How does Neuberger Berman collect my personal information?	We collect your personal information, for example, when you ◼open an account or provide account information ◼seek advice about your investments or give us your income information ◼give us your contact information We also collect your personal information from others, such as credit bureaus, affiliates, or other companies.
Why can’t I limit all sharing?	Federal law gives you the right to limit only ◼sharing for affiliates’ everyday business purposes—information about your creditworthiness ◼affiliates from using your information to market to you ◼sharing for nonaffiliates to market to you State laws and individual companies may give you additional rights to limit sharing.
Definitions
Affiliates	Companies related by common ownership or control. They can be financial and nonfinancial companies. ◼Our affiliates include companies with a Neuberger Berman name; financial companies, such as investment advisers, broker dealers; mutual funds, and private investment funds.
Nonaffiliates	Companies not related by common ownership or control. They can be financial and nonfinancial companies. ◼Nonaffiliates we share with can include companies that perform administrative services on our behalf (such as vendors that provide data processing, transaction processing, and printing services) or other companies such as brokers, dealers, or counterparties in connection with servicing your account.
Joint marketing	A formal agreement between nonaffiliated financial companies that together market financial products or services to you. ◼Neuberger Berman doesn’t jointly market.

This is not part of the Funds’ stockholder report.

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				Neuberger Berman Investment Advisers LLC 1290 Avenue of the Americas New York, NY 10104-0002 Internal Sales & Services 877.461.1899 www.nb.com Statistics and projections in this report are derived from sources deemed to be reliable but cannot be regarded as a representation of future results of the Funds. This report is prepared for the general information of stockholders and is not an offer for shares of the Funds.  I0208 06/18

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