UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT
INVESTMENT COMPANY
Investment Company Act File number 811-21348
Name of Fund: Muni Intermediate Duration Fund, Inc.
Fund Address: P.O. Box 9011
Princeton, NJ 08543-9011
Name and address of agent for service: Robert C. Doll, Jr., Chief Executive
Officer, Muni Intermediate Duration Fund, Inc., 800 Scudders Mill Road,
Plainsboro, NJ, 08536. Mailing address: P.O. Box 9011, Princeton,
NJ, 08543-9011
Registrant's telephone number, including area code: (609) 282-2800
Date of fiscal year end: 05/31/2006
Date of reporting period: 12/01/05 - 02/28/06
Item 1 - Schedule of Investments
Muni Intermediate Duration Fund, Inc.
Schedule of Investments as of February 28, 2006 (in Thousands)
Face
State Amount Municipal Bonds Value
Alabama - 3.4% $ 5,500 Jefferson County, Alabama, Limited Obligation School Warrants, Series A,
5.50% due 1/01/2021 $ 5,989
6,500 Jefferson County, Alabama, Limited Obligation School Warrants, Series A,
5.25% due 1/01/2023 6,920
6,600 Tuscaloosa, Alabama, Special Care Facilities Financing Authority, Residential
Care Facility Revenue Bonds (Capstone Village, Inc. Project) Series A, 5.625%
due 8/01/2025 6,650
Arizona - 4.4% 3,020 Maricopa County, Arizona, IDA, Education Revenue Bonds (Arizona Charter Schools
Project 1), Series A, 6.625% due 7/01/2020 3,028
3,000 Navajo County, Arizona, IDA, IDR (Stone Container Corporation Project), AMT,
7.20% due 6/01/2027 3,104
1,000 Pima County, Arizona, IDA, Education Revenue Bonds (Arizona Charter Schools
Project), Series C, 6.70% due 7/01/2021 1,058
1,750 Pima County, Arizona, IDA, Education Revenue Bonds (Arizona Charter Schools
Project), Series K/L, 6.375% due 7/01/2031 1,821
2,760 Pinal County, Arizona, COP, 5.25% due 12/01/2018 2,958
2,910 Pinal County, Arizona, COP, 5.25% due 12/01/2019 3,114
3,065 Pinal County, Arizona, COP, 5.25% due 12/01/2020 3,278
3,230 Pinal County, Arizona, COP, 5.25% due 12/01/2021 3,452
3,630 Vistancia Community Facilities District, Arizona, GO, 5% due 7/15/2014 3,603
Arkansas - 1.1% 3,755 Conway, Arkansas, Public Facilities Board, Capital Improvement Revenue
Refunding Bonds (Hendrix College Projects), Series B, 5% due 10/01/2026 3,880
1,000 University of Arkansas, University Revenue Refunding Bonds (UAMS Campus),
Series A, 5% due 11/01/2013 (d) 1,078
1,250 University of Arkansas, University Revenue Refunding Bonds (UAMS Campus),
Series A, 5% due 11/01/2015 (d) 1,349
California - 26.7% 8,865 California Pollution Control Financing Authority, PCR, Refunding, DRIVERS,
AMT, Series 878Z, 7.183% due 12/01/2009 (d)(h) 10,128
5,000 California State Department of Water Resources, Power Supply Revenue Bonds,
Series A, 5.375% due 5/01/2012 (i) 5,535
5,000 California State, GO, Refunding, 5.25% due 2/01/2027 (d) 5,352
10,000 California State Public Works Board, Lease Revenue Bonds (Department of
Corrections), Series C, 5.50% due 6/01/2020 11,055
17,500 California State, Various Purpose, GO, 5.50% due 4/01/2028 19,439
2,500 California Statewide Communities Development Authority, Health Facility Revenue
Bonds (Memorial Health Services), Series A, 6% due 10/01/2023 2,775
2,400 Elk Grove, California, Poppy Ridge Community Facilities Number 3 Special Tax,
Series 1, 6% due 9/01/2008 (i) 2,551
6,440 Grossmont-Cuyamaca Community College District, California, GO (Election of 2002),
Series A, 5% due 8/01/2027 (d) 6,757
10,485 Los Angeles, California, Unified School District, GO (Election of 1997), Series F,
5% due 7/01/2025 (b) 11,115
Portfolio Abbreviations
To simplify the listings of Muni Intermediate Duration Fund, Inc.'s
portfolio holdings in the Schedule of Investments, we have abbreviated the
names of many of the securities according to the list below.
AMT Alternative Minimum Tax (subject to)
COP Certificates of Participation
DRIVERS Derivative Inverse Tax-Exempt Receipts
EDA Economic Development Authority
GO General Obligation Bonds
HFA Housing Finance Agency
IDA Industrial Development Authority
IDB Industrial Development Board
IDR Industrial Development Revenue Bonds
PCR Pollution Control Revenue Bonds
S/F Single-Family
VRDN Variable Rate Demand Notes
Muni Intermediate Duration Fund, Inc.
Schedule of Investments as of February 28, 2006 (concluded) (in Thousands)
Face
State Amount Municipal Bonds Value
California $ 26,575 Los Angeles, California, Unified School District, GO, Series A, 5% due
(concluded) 1/01/2028 (d) $ 28,059
3,565 Oakland, California, Sewer Revenue Bonds, Series A, 5% due 6/15/2028 (c) 3,758
2,000 Oakland, California, Sewer Revenue Bonds, Series A, 5% due 6/15/2029 (c) 2,105
5,850 Ontario-Monclair, California, School District, GO (Election of 2002),
Series A, 5% due 8/01/2027 (b) 6,128
10,135 Peralta, California, Community College District, GO (Election of 2000),
Series D, 5% due 8/01/2030 (c) 10,712
1,515 Rowland, California, Unified School District, GO (Election of 2000),
Series B, 5.25% due 8/01/2027 (c) 1,626
585 Sacramento, California, Special Tax (North Natomas Community Facilities),
Series 4-C, 5.60% due 9/01/2020 620
1,720 Sacramento, California, Special Tax (North Natomas Community Facilities),
Series 4-C, 5.75% due 9/01/2022 1,837
500 Sacramento, California, Special Tax (North Natomas Community Facilities),
Series 4-C, 5.90% due 9/01/2023 537
3,000 Sacramento, California, Special Tax (North Natomas Community Facilities),
Series 4-C, 6% due 9/01/2028 3,229
3,000 San Jose, California, Airport Revenue Bonds, Series A, 5.25% due 3/01/2017 (b) 3,202
3,100 San Jose, California, GO (Libraries, Parks and Public Safety Projects),
5% due 9/01/2030 (d) 3,246
9,030 Sequoia, California, Unified High School District, GO, Refunding, Series B,
5.50% due 7/01/2035 (c) 10,111
4,875 Tamalpais, California, Union High School District, GO (Election of 2001), 5%
due 8/01/2028 (c) 5,112
Colorado - 2.6% 2,000 Denver, Colorado, City and County Airport Revenue Refunding Bonds, Series E,
5.25% due 11/15/2023 (d) 2,072
900 Elk Valley, Colorado, Public Improvement Revenue Bonds (Public Improvement Fee),
Series A, 7.10% due 9/01/2014 967
2,250 Montrose, Colorado, Memorial Hospital, Revenue Bonds, 6.375% due 12/01/2023 2,532
7,500 Plaza Metropolitan District Number 1, Colorado, Tax Allocation Revenue Bonds
(Public Improvement Fees), 7.50% due 12/01/2015 8,274
1,000 Southlands, Colorado, Medical District, GO (Metropolitan District Number 1),
6.75% due 12/01/2016 1,095
Connecticut - 1.7% 1,160 Connecticut State Development Authority, Airport Facility Revenue Bonds
(LearJet Inc. Project), AMT, 7.95% due 4/01/2026 1,380
8,000 Connecticut State Development Authority, PCR, Refunding (Connecticut Light
and Power Company), Series A, 5.85% due 9/01/2028 8,478
Florida - 4.7% 1,000 Broward County, Florida, Airport Exempt Facility Revenue Bonds (Learjet Inc.
Project), AMT, 7.50% due 11/01/2020 1,136
2,970 Harbor Bay, Florida, Community Development District, Capital Improvement
Special Assessment Bonds, 6.75% due 5/01/2034 3,231
2,550 Heritage Isle at Viera Community Development District, Florida, Special
Assessment Bonds, Series B, 5% due 11/01/2009 2,562
4,705 Lee County, Florida, Revenue Bonds, 5% due 10/01/2022 (a) 5,029
3,500 Midtown Miami, Florida, Community Development District, Special Assessment
Revenue Bonds, Series A, 6% due 5/01/2024 3,732
3,670 Orange County, Florida, Health Facilities Authority, Health Care Revenue
Refunding Bonds (Orlando Lutheran Towers), 5% due 7/01/2013 3,639
965 Orlando, Florida, Urban Community Development District, Capital Improvement
Special Assessment Bonds, 6% due 5/01/2020 1,040
1,085 Portofino Shores, Florida, Community Development District, Special Assessment
Bonds, Series A, 6.40% due 5/01/2034 1,144
2,390 South Lake County, Florida, Hospital District Revenue Bonds (South Lake
Hospital Inc.), 6.625% due 10/01/2023 2,645
875 Sterling Hill, Florida, Community Development District, Capital Improvement
Revenue Refunding Bonds, Series B, 5.50% due 11/01/2010 880
2,060 Watergrass Community Development District, Florida, Special Assessment Revenue
Bonds, Series B, 4.875% due 11/01/2010 2,066
Georgia - 3.1% 1,500 Atlanta, Georgia, Tax Allocation Bonds (Atlantic Station Project), 7.90% due
12/01/2024 1,630
5,395 Brunswick & Glynn County, Georgia, Development Authority, First Mortgage
Revenue Bonds (Coastal Community Retirement Corporation Project), Series A,
7.125% due 1/01/2025 5,493
2,800 Brunswick & Glynn County, Georgia, Development Authority, First Mortgage
Revenue Bonds (Coastal Community Retirement Corporation Project), Series A,
7.25% due 1/01/2035 2,849
4,500 Fulton County, Georgia, Residential Care Facilities, Revenue Refunding Bonds
(Canterbury Court Project), Series A, 5.80% due 2/15/2018 4,581
1,245 Savannah, Georgia, EDA, Revenue Bonds (Marshes of Skidaway), First Mortgage,
Series A, 6.25% due 1/01/2012 1,255
2,245 Savannah, Georgia, EDA, Revenue Bonds (Marshes of Skidaway), First Mortgage,
Series A, 6.85% due 1/01/2019 2,341
Idaho - 0.1% 465 Idaho Housing and Finance Association, S/F Mortgage Revenue Bonds, AMT,
Series F-2, 5.85% due 7/01/2015 (e) 467
Illinois - 3.5% 2,510 Chicago, Illinois, O'Hare International Airport Revenue Bonds, 3rd Lien, AMT,
Series B-2, 6% due 1/01/2029 (f) 2,813
6,000 Hodgkins, Illinois, Environmental Improvement Revenue Bonds (Metro Biosolids
Management LLC Project), AMT, 5.90% due 11/01/2017 6,313
6,930 Illinois, Development Finance Authority Revenue Bonds (Community Rehabilitation
Providers Facilities), Series A, 6.625% due 7/01/2032 7,517
1,800 Illinois State Finance Authority Revenue Bonds (Landing At Plymouth Place Project),
Series A, 6% due 5/15/2025 1,837
1,580 Village of Wheeling, Illinois, Revenue Bonds (North Milwaukee/Lake-Cook Tax
Increment Financing (TIF) Redevelopment Project), 6% due 1/01/2025 1,555
Louisiana - 0.9% 5,000 Port New Orleans, Louisiana, IDR, Refunding (Continental Grain Company Project),
6.50% due 1/01/2017 5,116
Maine - 1.6% 1,965 Portland, Maine, Housing Development Corporation, Senior Living Revenue Bonds
(Avesta Housing Development Corporation Project), Series A, 6% due 2/01/2034 2,056
7,000 Rumford, Maine, Solid Waste Disposal Revenue Refunding Bonds (Boise Cascade
Corporation Project), AMT, 6.875% due 10/01/2026 7,482
Maryland - 0.9% 4,330 Baltimore, Maryland, Convention Center Hotel Revenue Bonds, Senior Series A,
5.25% due 9/01/2027 (f) 4,740
500 Maryland State Industrial Development Financing Authority, Economic Development
Revenue Bonds (Our Lady of Good Counsel School), Series A, 6% due 5/01/2035 524
Massachusetts - 6.2% 4,560 Massachusetts Bay Transportation Authority, Sales Tax Revenue Refunding Bonds,
Senior Series A, 5% due 7/01/2012 (i) 4,911
7,695 Massachusetts Bay Transportation Authority, Special Assessment Revenue Refunding
Bonds, Series A, 5% due 7/01/2031 8,142
1,210 Massachusetts State Development Finance Agency, Resource Recovery Revenue Bonds
(Ogden Haverhill Associates), AMT, Series B, 5.35% due 12/01/2015 1,224
2,000 Massachusetts State Development Finance Agency, Resource Recovery Revenue Bonds
(Ogden Haverhill Associates), AMT, Series B, 5.50% due 12/01/2019 2,037
9,050 Massachusetts State, HFA, Rental Housing Mortgage Revenue Bonds, AMT, Series A,
5.15% due 7/01/2026 (c) 9,173
10,000 Massachusetts State School Building Authority, Dedicated Sales Tax Revenue Bonds,
Series A, 5% due 8/15/2030 (c) 10,595
Michigan - 1.5% 3,325 Macomb County, Michigan, Hospital Finance Authority, Hospital Revenue Bonds
(Mount Clemens General Hospital), Series B, 5.875% due 11/15/2034 3,377
4,795 Michigan State Hospital Finance Authority, Revenue Refunding Bonds (Oakwood
Obligated Group), Series A, 6% due 4/01/2022 5,267
Minnesota - 1.0% 1,000 Minneapolis and Saint Paul, Minnesota, Housing and Redevelopment Authority, Health
Care System Revenue Bonds (Group Health Plan Inc. Project), 6% due 12/01/2019 1,104
2,545 Minneapolis and Saint Paul, Minnesota, Housing and Redevelopment Authority, Health
Care System Revenue Bonds (Group Health Plan Inc. Project), 6% due 12/01/2021 2,799
2,000 Minnesota State Municipal Power Agency, Electric Revenue Bonds, Series A, 5.25%
due 10/01/2024 2,137
Mississippi - 1.4% 5,000 Mississippi Business Finance Corporation, Mississippi, PCR, Refunding (System
Energy Resources Inc. Project), 5.875% due 4/01/2022 5,064
2,910 Mississippi Business Finance Corporation, Mississippi, PCR, Refunding (System
Energy Resources Inc. Project), 5.90% due 5/01/2022 2,949
Nevada - 0.4% 2,250 Clark County, Nevada, Improvement District Number 142, Special Assessment Bonds,
6.375% due 8/01/2023 2,338
New Jersey - 16.3% 3,635 Garden State Preservation Trust of New Jersey, Open Space and Farmland Preservation
Revenue Bonds, Series A, 5.80% due 11/01/2021 (c) 4,223
5,050 Garden State Preservation Trust of New Jersey, Open Space and Farmland Preservation
Revenue Bonds, Series A, 5.80% due 11/01/2023 (c) 5,871
10,950 New Jersey EDA, Cigarette Tax Revenue Bonds, 5.625% due 6/15/2018 11,525
9,810 New Jersey EDA, Cigarette Tax Revenue Bonds, 5.75% due 6/15/2029 10,462
17,900 New Jersey EDA, Motor Vehicle Surcharge Revenue Bonds, Series A, 5.25% due
7/01/2033 (d) 19,275
5,540 New Jersey EDA, Special Facility Revenue Bonds (Continental Airlines Inc. Project),
AMT, 6.625% due 9/15/2012 5,653
5,000 New Jersey State Transportation Trust Fund Authority, Transportation System Revenue
Bonds, Series C, 5.25% due 6/15/2021 (d) 5,465
10,000 New Jersey State Transportation Trust Fund Authority, Transportation System Revenue
Bonds, Series D, 5% due 6/15/2018 (a) 10,745
20,000 New Jersey State Transportation Trust Fund Authority, Transportation System Revenue
Bonds, Series D, 5% due 6/15/2019 (c) 21,443
New Mexico - 2.2% 3,000 Farmington, New Mexico, PCR, Refunding (Public Service Company of New Mexico -
San Juan), Series D, 6.375% due 4/01/2022 3,165
9,000 Farmington, New Mexico, PCR, Refunding (Tucson Electric Power Co.-San Juan
Project), Series A, 6.95% due 10/01/2020 9,376
New York - 26.4% 1,145 Dutchess County, New York, IDA, Civic Facility Revenue Bonds (Saint Francis
Hospital), Series B, 7.25% due 3/01/2019 1,248
5,465 Metropolitan Transportation Authority, New York, Revenue Bonds, Series B, 5%
due 11/15/2027 (a) 5,806
6,600 Metropolitan Transportation Authority, New York, Revenue Bonds, Series B, 5%
due 11/15/2030 (a) 6,990
10,500 Metropolitan Transportation Authority, New York, Revenue Refunding Bonds, Series A,
5.75% due 11/15/2032 11,627
1,755 New York City, New York, City IDA, Civic Facility Revenue Bonds (Special Needs
Facilities Pooled Program), Series C-1, 5.50% due 7/01/2007 1,774
3,500 New York City, New York, City IDA, Special Facility Revenue Bonds (Continental
Airlines Inc. Project), AMT, 8.375% due 11/01/2016 3,625
1,110 New York City, New York, City Transitional Finance Authority, Future Tax Secured
Revenue Bonds, Series C, 5.50% due 5/01/2009 (i) 1,188
5,000 New York City, New York, GO, Refunding, Series B, 5.75% due 8/01/2015 5,543
2,540 New York City, New York, IDA, Civic Facility Revenue Bonds (Special Needs Facilities
Pooled Program), Series C-1, 3.40% due 7/01/2019 2,444
5,550 New York City, New York, Sales Tax Asset Receivable Corporation Revenue Bonds,
DRIVERS, Series 1133Z, 7.004% due 10/15/2012 (a)(h) 6,503
4,325 New York City, New York, Sales Tax Asset Receivable Corporation Revenue Bonds,
Series A, 5% due 10/15/2032 (a) 4,576
3,900 New York Convention Center Development Corporation, New York, Revenue Bonds
(Hotel Unit Fee Secured), 5% due 11/15/2027 (a) 4,143
5,580 New York State Dormitory Authority, Lease Revenue Refunding Bonds (Court Facilities),
Series A, 5.25% due 5/15/2012 6,000
1,000 New York State Dormitory Authority Revenue Bonds (North Shore L I Jewish Group), 5%
due 5/01/2012 1,056
7,075 New York State Dormitory Authority Revenue Bonds (School Districts Financing
Program), Series D, 5.25% due 10/01/2023 (d) 7,640
7,775 New York State Dormitory Authority, Revenue Refunding Bonds (City University System),
Consolidated Second Generation, Series A, 6.125% due 7/01/2013 (a) 8,627
7,000 New York State Dormitory Authority, Revenue Refunding Bonds (Mount Sinai Health),
Series A, 6.625% due 7/01/2018 7,621
5,000 New York State Dormitory Authority, Revenue Refunding Bonds (Mount Sinai Health),
Series A, 6.625% due 7/01/2019 5,443
8,085 New York State Thruway Authority, General Revenue Refunding Bonds, Series G, 5.25%
due 1/01/2027 (c) 8,813
60 New York State Thruway Authority, Local Highway and Bridge Service Contract, Revenue
Refunding Bonds, 5.50% due 4/01/2017 66
11,650 New York State Urban Development Corporation, Correctional and Youth Facilities
Services Revenue Refunding Bonds, Series A, 5.50% due 1/01/2017 12,515
10,000 New York State Urban Development Corporation, Personal Income Tax Revenue Bonds
(State Facilities), Series A-1, 5.25% due 3/15/2034 (b) 10,751
3,340 Tobacco Settlement Financing Corporation of New York Revenue Bonds, Series A-1,
5.50% due 6/01/2016 3,569
6,510 Tobacco Settlement Financing Corporation of New York Revenue Bonds, Series A-1,
5.25% due 6/01/2022 (a) 7,005
7,000 Tobacco Settlement Financing Corporation of New York Revenue Bonds, Series C-1,
5.50% due 6/01/2021 7,660
10,000 Tobacco Settlement Financing Corporation of New York Revenue Bonds, Series C-1,
5.50% due 6/01/2022 10,943
North Carolina - 2.2% 3,105 Gaston County, North Carolina, Industrial Facilities and Pollution Control Financing
Authority, Revenue Bonds (National Gypsum Company Project), AMT, 5.75% due 8/01/2035 3,262
6,000 North Carolina Medical Care Commission, Health Care Facilities, First Mortgage
Revenue Refunding Bonds (Presbyterian Homes Project), 7% due 10/01/2031 6,397
3,150 North Carolina Medical Care Commission, Health Care Housing Revenue Bonds (The ARC
of North Carolina Projects), Series A, 5.50% due 10/01/2024 3,353
Ohio - 0.2% 1,280 Port of Greater Cincinnati Development Authority, Ohio, Special Assessment Revenue
Bonds (Cooperative Public Parking Infrastructure Project), 6.30% due 2/15/2024 1,366
Oklahoma - 0.5% 2,780 Norman, Oklahoma, Regional Hospital Authority, Hospital Revenue Bonds, 5.50% due
9/01/2025 2,888
Pennsylvania - 4.6% 3,500 Montgomery County, Pennsylvania, IDA, Revenue Bonds (Whitemarsh Continuing Care
Project), 6% due 2/01/2021 3,672
7,710 Pennsylvania Economic Development Financing Authority, Exempt Facilities Revenue
Bonds (National Gypsum Company), AMT, Series A, 6.25% due 11/01/2027 8,220
7,490 Philadelphia, Pennsylvania, Gas Works Revenue Refunding Bonds, 1975 General
Ordinance, 17th Series, 5.375% due 7/01/2022 (c) 8,100
1,750 Sayre, Pennsylvania, Health Care Facilities Authority, Revenue Refunding Bonds
(Guthrie Healthcare System), Series A, 6.25% due 12/01/2015 1,950
3,000 Sayre, Pennsylvania, Health Care Facilities Authority, Revenue Refunding Bonds
(Guthrie Healthcare System), Series A, 6.25% due 12/01/2016 3,340
1,490 Sayre, Pennsylvania, Health Care Facilities Authority, Revenue Refunding Bonds
(Guthrie Healthcare System), Series A, 6.25% due 12/01/2018 1,653
South Carolina - 2.1% 4,250 Medical University Hospital Authority, South Carolina, FHA-Insured Mortgage
Hospital Facilities, Revenue Refunding Bonds, Series A, 5.25% due 8/15/2023 (d)(e) 4,571
3,000 Medical University Hospital Authority, South Carolina, FHA-Insured Mortgage
Hospital Facilities, Revenue Refunding Bonds, Series A, 5.25% due 8/15/2024 (d)(e) 3,222
4,000 Newberry County, South Carolina, School District, Installment Purchase Revenue
Bonds, 5% due 12/01/2030 (j) 4,159
Tennessee - 3.9% 1,800 Johnson City, Tennessee, Health and Educational Facilities Board, Retirement
Facility Revenue Bonds (Appalachian Christian Village Project), Series A, 6%
due 2/15/2019 1,826
5,000 McMinn County, Tennessee, IDB, PCR (Calhoun Newsprint Co. Project), AMT, 7.625%
due 3/01/2016 5,010
6,000 Shelby County, Tennessee, Health, Educational and Housing Facility Board,
Hospital Revenue Refunding Bonds (Methodist Healthcare), 6% due 9/01/2012 (i) 6,812
3,500 Shelby County, Tennessee, Health, Educational and Housing Facility Board,
Hospital Revenue Refunding Bonds (Methodist Healthcare), 6.25% due 9/01/2012 (i) 4,021
3,550 Shelby County, Tennessee, Health, Educational and Housing Facilities Board
Revenue Bonds (Germantown Village), Series A, 6.75% due 12/01/2018 3,682
1,450 Shelby County, Tennessee, Health, Educational and Housing Facilities Board
Revenue Bonds (Germantown Village), Series A, 7% due 12/01/2023 1,501
Texas - 14.5% 6,445 Austin, Texas, Convention Center Revenue Bonds (Convention Enterprises Inc.),
First Tier, Series A, 6.375% due 1/01/2016 6,789
10,260 Austin, Texas, Convention Center Revenue Bonds (Convention Enterprises Inc.),
First Tier, Series A, 6.70% due 1/01/2032 10,841
300 Bell County, Texas, Health Facilities Development Corporation, Hospital Revenue
Bonds (Scott & White Memorial Hospital), VRDN, Series B-1, 2.95% due 8/15/2029 (d)(g) 300
1,500 Bexar County, Texas, Health Facilities Development Corporation, Revenue Refunding
Bonds (Army Retirement Residence Project), 6.30% due 7/01/2032 1,612
1,500 Brazos River Authority, Texas, PCR, Refunding (TXU Energy Company LLC Project),
AMT, Series A, 6.75% due 4/01/2038 1,688
5,085 Brazos River Authority, Texas, PCR, Refunding (Texas Utility Company), AMT,
Series A, 7.70% due 4/01/2033 5,954
4,000 Dallas-Fort Worth, Texas, International Airport Facility Improvement Corporation,
Revenue Bonds (Learjet Inc.), AMT, Series A-1, 6.15% due 1/01/2016 4,037
5,000 Dallas-Fort Worth, Texas, International Airport Facility Improvement Corporation,
Revenue Refunding Bonds, AMT, Series A-2, 9% due 5/01/2029 5,188
2,440 Gulf Coast, Texas, IDA, Solid Waste Disposal Revenue Bonds (Citgo Petroleum
Corporation Project), AMT, 7.50% due 5/01/2025 2,760
6,540 Gulf Coast, Texas, Waste Disposal Authority Revenue Refunding Bonds (International
Paper Company), AMT, Series A, 6.10% due 8/01/2024 6,949
9,320 Harris County, Texas, Revenue Refunding Bonds, DRIVERS, Series 1111, 6.994% due
8/15/2009 (c)(h) 10,369
6,300 Harris County, Texas, Revenue Refunding Bonds, DRIVERS, Series 1172-Z, 7.005% due
8/15/2009 (c)(h) 6,975
1,500 Houston, Texas, Health Facilities Development Corporation, Retirement Facility
Revenue Bonds (Buckingham Senior Living Community), Series A, 7% due 2/15/2023 1,656
7,420 Lower Colorado River Authority, Texas, PCR (Samsung Austin Semiconductor), AMT,
6.95% due 4/01/2030 8,287
2,600 Matagorda County, Texas, Navigation District Number 1, Revenue Refunding Bonds
(Reliant Energy Inc.), Series C, 8% due 5/01/2029 2,813
2,300 Port Corpus Christi, Texas, Individual Development Corporation, Environmental
Facilities Revenue Bonds (Citgo Petroleum Corporation Project), AMT, 8.25% due
11/01/2031 2,420
5,000 Sabine River Authority, Texas, PCR, Refunding (TXU Electric Company Project/TXU
Energy Company LLC), AMT, Series B, 5.75% due 5/01/2030 5,293
Virginia - 4.5% 3,285 James City County, Virginia, IDA, Residential Care Facility Revenue Refunding
Bonds, Series A, 5.75% due 3/01/2017 3,454
1,150 James City County, Virginia, IDA, Residential Care Facility Revenue Refunding
Bonds, Series A, 6% due 3/01/2023 1,232
2,250 Loudoun County, Virginia, IDA, IDR, Refunding (Dulles Airport Marriott Hotel),
7.125% due 9/01/2015 2,297
10,735 Pocahontas Parkway Association, Virginia, Toll Road Revenue Bonds, Senior-Series A,
5.50% due 8/15/2028 11,038
7,800 Tobacco Settlement Financing Corporation of Virginia, Asset Backed Revenue Bonds,
5.625% due 6/01/2037 8,000
Guam - 0.4% 2,250 Commonwealth Of the Northern Mariana Islands, Guam, GO, Series A, 6.75% due 10/01/2033 2,466
Puerto Rico - 8.7% 17,935 Puerto Rico Electric Power Authority, Power Revenue Bonds, Series NN, 5.50% due
7/01/2018 19,376
6,500 Puerto Rico Electric Power Authority, Power Revenue Bonds, Series RR, 5% due
7/01/2025 (f) 6,924
5,390 Puerto Rico Industrial, Medical and Environmental Pollution Control Facilities
Financing Authority, Special Facilities Revenue Bonds (American Airlines Inc.),
Series A, 6.45% due 12/01/2025 4,497
1,500 Puerto Rico Municipal Finance Agency, GO, Series A, 5.25% due 8/01/2025 1,611
5,170 Puerto Rico Public Buildings Authority, Government Facilities Revenue Refunding
Bonds, Series D, 5.25% due 7/01/2027 5,431
8,000 Puerto Rico Public Buildings Authority, Government Facilities Revenue Refunding
Bonds, Series I, 5.50% due 7/01/2021 8,778
3,535 Puerto Rico Public Finance Corporation, Commonwealth Appropriation Revenue Bonds,
Series E, 5.50% due 8/01/2029 3,762
U.S. Virgin 1,860 Virgin Islands Government Refinery Facilities, Revenue Refunding Bonds (Hovensa
Islands - 1.6% Coker Project), AMT, 6.50% due 7/01/2021 2,104
6,750 Virgin Islands Public Finance Authority, Refinery Facilities Revenue Bonds
(Hovensa Refinery), AMT, 6.125% due 7/01/2022 7,414
Total Investments (Cost - $856,679*) - 153.3% 889,558
Other Assets Less Liabilities - 1.9% 10,951
Preferred Stock, at Redemption Value - (55.2%) (320,094)
-----------
Net Assets Applicable to Common Stock - 100.0% $ 580,415
===========
* The cost and unrealized appreciation (depreciation) of investments as of
February 28, 2006 as computed for federal income tax purposes,
were as follows:
Aggregate cost $ 856,679
================
Gross unrealized appreciation $ 33,336
Gross unrealized depreciation (457)
----------------
Net unrealized appreciation $ 32,879
================
(a) AMBAC Insured.
(b) FGIC Insured.
(c) FSA Insured.
(d) MBIA Insured.
(e) Federal Housing Administration/Veterans' Administration Mortgages packaged by the
Federal National Mortgage Association.
(f) XL Capital Insured.
(g) Security may have a maturity of more than one year at time of issuance, but has
variable rate and demand features that qualify it as a short-term security.
The rate disclosed is that currently in effect. This rate changes periodically
based upon prevailing market rates.
(h) The rate disclosed is that currently in effect. This rate changes periodically and
inversely based upon prevailing market rates.
(i) Prerefunded.
(j) Assured Guaranty Insured.
o Forward interest rate swaps outstanding as of February 28, 2006 were as follows:
Notional Unrealized
Amount Depreciation
Pay a fixed rate of 3.955% and receive
a floating rate based on a 1-week Bond
Market Association rate
Broker, JPMorgan Chase Bank
Expires May 2021 $ 45,000 $ (337)
Pay a fixed rate of 3.999% and receive
a floating rate based on a 1-week Bond
Market Association rate
Broker, JPMorgan Chase Bank
Expires April 2026 $ 58,000 $ (262)
---------
Total $ (599)
=========
Item 2 - Controls and Procedures
2(a) - The registrant's certifying officers have reasonably designed such
disclosure controls and procedures to ensure material information
relating to the registrant is made known to us by others particularly
during the period in which this report is being prepared. The
registrant's certifying officers have determined that the
registrant's disclosure controls and procedures are effective based
on our evaluation of these controls and procedures as of a date
within 90 days prior to the filing date of this report.
2(b) - There were no changes in the registrant's internal control over
financial reporting (as defined in Rule 30a-3(d) under the Act
(17 CFR 270.30a-3(d)) that occurred during the last fiscal quarter of
the period covered by this report that has materially affected, or is
reasonably likely to materially affect, the registrant's internal
control over financial reporting.
Item 3 - Exhibits
Certifications - Attached hereto
Pursuant to the requirements of the Securities Exchange Act of 1934 and the
Investment Company Act of 1940, the registrant has duly caused this report
to be signed on its behalf by the undersigned, thereunto duly authorized.
Muni Intermediate Duration Fund, Inc.
By: /s/ Robert C. Doll, Jr.
----------------------
Robert C. Doll, Jr.
Chief Executive Officer
Muni Intermediate Duration Fund, Inc.
Date: April 20, 2006
Pursuant to the requirements of the Securities Exchange Act of 1934 and the
Investment Company Act of 1940, this report has been signed below by the
following persons on behalf of the registrant and in the capacities and on
the dates indicated.
By: /s/ Robert C. Doll, Jr.
----------------------
Robert C. Doll, Jr.
Chief Executive Officer
Muni Intermediate Duration Fund, Inc.
Date: April 20, 2006
By: /s/ Donald C. Burke
-------------------
Donald C. Burke
Chief Financial Officer
Muni Intermediate Duration Fund, Inc.
Date: April 20, 2006