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: BlackRock Muni Intermediate Duration Fund, Inc. (MUI) Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809 Name and address of agent for service: Donald C. Burke, Chief Executive Officer, BlackRock Muni Intermediate Duration Fund, Inc., 800 Scudders Mill Road, Plainsboro, NJ, 08536. Mailing address: P.O. Box 9011, Princeton, NJ, 08543-9011 Registrants telephone number, including area code: (800) 882-0052, Option 4 Date of fiscal year end: 05/31/2009 Date of reporting period: 06/01/2008 08/31/2008 Item 1 Schedule of Investments |
BlackRock Muni Intermediate Duration Fund, Inc. | ||||||||
Schedule of Investments August 31, 2008 (Unaudited) | (Percentages shown are based on Net Assets) | |||||||
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Par | ||||||||
State | Municipal Bonds | (000) | Value | |||||
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Alabama - 2.9% | Jefferson County, Alabama, Limited Obligation School Warrants, Series A, | |||||||
5.50%, 1/01/21 | $ 5,500 | $ 4,840,055 | ||||||
Jefferson County, Alabama, Limited Obligation School Warrants, Series A, | ||||||||
5.25%, 1/01/23 | 6,500 | 5,720,195 | ||||||
Tuscaloosa, Alabama, Special Care Facilities Financing Authority, Residential | ||||||||
Care Facility Revenue Bonds (Capstone Village, Inc. Project), Series A, | ||||||||
5.625%, 8/01/25 | 6,600 | 5,289,636 | ||||||
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15,849,886 | ||||||||
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Arizona - 2.9% | Maricopa County, Arizona, IDA, Education Revenue Bonds (Arizona Charter | |||||||
Schools Project 1), Series A, 6.625%, 7/01/20 | 2,820 | 2,529,371 | ||||||
Navajo County, Arizona, IDA, IDR (Stone Container Corporation Project), AMT, | ||||||||
7.20%, 6/01/27 | 3,000 | 2,709,360 | ||||||
Pima County, Arizona, IDA, Education Revenue Bonds (Arizona Charter Schools | ||||||||
Project), Series C, 6.70%, 7/01/21 | 985 | 998,908 | ||||||
Pima County, Arizona, IDA, Education Revenue Bonds (Arizona Charter Schools | ||||||||
Project), Series K, 6.375%, 7/01/13 (a) | 820 | 941,754 | ||||||
Pima County, Arizona, IDA, Education Revenue Bonds (Arizona Charter Schools | ||||||||
Project), Series K, 6.375%, 7/01/31 | 930 | 905,922 | ||||||
Salt River Project, Arizona, Agriculture Improvement and Power District, | ||||||||
Electric System Revenue Bonds, Series A, 5%, 1/01/25 | 4,000 | 4,194,440 | ||||||
Vistancia Community Facilities District, Arizona, GO, 5%, 7/15/14 | 3,630 | 3,637,115 | ||||||
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15,916,870 | ||||||||
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Arkansas - 0.7% | Conway, Arkansas, Public Facilities Board, Capital Improvement Revenue | |||||||
Refunding Bonds (Hendrix College Projects), Series B, 5%, 10/01/26 | 3,755 | 3,704,270 | ||||||
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California - 18.5% | Antelope Valley, California, Health Care District Revenue Bonds, VRDN, | |||||||
Series A, 5.25%, 9/01/17 | 8,000 | 7,611,200 | ||||||
California Pollution Control Financing Authority, PCR, Refunding (Pacific Gas | ||||||||
& Electric), AMT, Series A, 5.35%, 12/01/16 (b) | 17,730 | 17,913,505 | ||||||
California Pollution Control Financing Authority, Solid Waste Disposal Revenue | ||||||||
Bonds (Republic Services Inc. Project), AMT, Series B, 5.25%, 6/01/23 | 750 | 694,830 | ||||||
California Pollution Control Financing Authority, Solid Waste Disposal Revenue | ||||||||
Bonds (Waste Management Inc. Project), AMT, Series A-2, 5.40%, 4/01/25 | 1,240 | 1,091,250 | ||||||
California State Department of Water Resources, Power Supply Revenue | ||||||||
Bonds, Series A, 5.375%, 5/01/12 (a) | 5,000 | 5,559,900 | ||||||
California State, GO, 5.50%, 4/01/14 (a) | 14,795 | 16,527,346 | ||||||
California State, GO, 5.50%, 4/01/28 | 15 | 15,436 | ||||||
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Portfolio Abbreviations | ||||||||
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To simplify the listings of portfolio holdings in the Schedule of Investments, the names of many of the securities have been abbreviated according to the list below.
AMT | Alternative Minimum Tax (subject to) | IDA | Industrial Development Authority | |||
COP | Certificates of Participation | IDR | Industrial Development Revenue Bonds | |||
EDA | Economic Development Authority | PCR | Pollution Control Revenue Bonds | |||
EDR | Economic Development Revenue Bonds | S/F | Single-Family | |||
GO | General Obligation Bonds | VRDN | Variable Rate Demand Notes | |||
HFA | Housing Finance Agency |
1
BlackRock Muni Intermediate Duration Fund, Inc. | ||||||||
Schedule of Investments August 31, 2008 (Unaudited) | (Percentages shown are based on Net Assets) | |||||||
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Par | ||||||||
State | Municipal Bonds | (000) | Value | |||||
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California State, GO, Refunding, 5.25%, 2/01/27 (b) | $ 5,000 | $ 5,084,500 | ||||||
California State Public Works Board, Lease Revenue Bonds (Department of | ||||||||
Corrections), Series C, 5.50%, 6/01/20 | 10,000 | 10,544,000 | ||||||
California Statewide Communities Development Authority, Health Facility | ||||||||
Revenue Bonds (Memorial Health Services), Series A, 6%, 10/01/23 | 2,500 | 2,590,175 | ||||||
Elk Grove, California, Poppy Ridge Community Facilities District Number 3, | ||||||||
Special Tax Bonds, Series 1, 6%, 9/01/08 (a) | 2,400 | 2,424,504 | ||||||
Golden State Tobacco Securitization Corporation of California, Tobacco | ||||||||
Settlement Revenue Refunding Bonds, Senior Series A-1, 5%, 6/01/15 | 5,000 | 4,923,700 | ||||||
Los Angeles, California, Regional Airports Improvement Corporation, Facilities | ||||||||
Lease Revenue Refunding Bonds (LAXFUEL Corporation - | ||||||||
Los Angeles International Airport), AMT, 5.50%, 1/01/32 (c) | 1,435 | 1,412,643 | ||||||
Los Angeles County, California, Metropolitan Transportation Authority, Sales | ||||||||
Tax Revenue Refunding Bonds, Proposition C, VRDN, Second Senior Series A, | ||||||||
7.50%, 7/01/20 (b)(d) | 8,000 | 8,000,000 | ||||||
Rowland, California, Unified School District, GO (Election of 2000), Series B, | ||||||||
5.25%, 8/01/27 (e) | 1,515 | 1,561,238 | ||||||
Sacramento, California, Special Tax (North Natomas Community Facilities), | ||||||||
Series 4-C, 5.60%, 9/01/20 | 585 | 585,234 | ||||||
Sacramento, California, Special Tax (North Natomas Community Facilities), | ||||||||
Series 4-C, 5.75%, 9/01/22 | 1,715 | 1,706,854 | ||||||
Sacramento, California, Special Tax (North Natomas Community Facilities), | ||||||||
Series 4-C, 5.90%, 9/01/23 | 500 | 501,500 | ||||||
Sacramento, California, Special Tax (North Natomas Community Facilities), | ||||||||
Series 4-C, 6%, 9/01/28 | 2,990 | 2,990,000 | ||||||
Sacramento County, California, Airport System Revenue Bonds, Senior | ||||||||
Series A, 5%, 7/01/28 (e) | 1,695 | 1,730,561 | ||||||
Southern California HFA, S/F Mortgage Revenue Bonds, AMT, Series A, 5.80%, | ||||||||
12/01/49 (f)(g)(h) | 3,910 | 3,935,571 | ||||||
Tustin, California, Unified School District, Senior Lien Special Tax Bonds | ||||||||
(Community Facilities District Number 97-1), Series A, 5%, 9/01/32 (e) | 2,610 | 2,616,551 | ||||||
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100,020,498 | ||||||||
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Colorado - 2.8% | Colorado Educational and Cultural Facilities Authority, Revenue Refunding | |||||||
Bonds (National Jewish Federation Bond Program Project), VRDN, Series A-8, | ||||||||
2.25%, 9/01/35 (d) | 3,050 | 3,050,000 | ||||||
Elk Valley, Colorado, Public Improvement Revenue Bonds (Public Improvement | ||||||||
Fee), Series A, 7.10%, 9/01/14 | 700 | 726,243 | ||||||
Montrose, Colorado, Memorial Hospital, Revenue Bonds, 6.375%, 12/01/23 | 2,250 | 2,336,400 | ||||||
Plaza Metropolitan District Number 1, Colorado, Tax Allocation Revenue Bonds | ||||||||
(Public Improvement Fees), 7.50%, 12/01/15 | 7,500 | 7,980,300 | ||||||
Southlands Metropolitan District Number 1, Colorado, GO, 6.75%, | ||||||||
12/01/14 (a) | 1,000 | 1,153,470 | ||||||
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15,246,413 | ||||||||
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Connecticut - | Connecticut State Development Authority, Airport Facility Revenue Bonds | |||||||
1.3% | (Learjet Inc. Project), AMT, 7.95%, 4/01/26 | 1,160 | 1,232,036 |
2
BlackRock Muni Intermediate Duration Fund, Inc. | ||||||||
Schedule of Investments August 31, 2008 (Unaudited) | (Percentages shown are based on Net Assets) | |||||||
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Par | ||||||||
State | Municipal Bonds | (000) | Value | |||||
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Connecticut State Development Authority, PCR, Refunding (Connecticut Light | ||||||||
and Power Company), Series A, 5.85%, 9/01/28 | $ 6,000 | $ 5,975,460 | ||||||
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7,207,496 | ||||||||
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Florida - 5.4% | Florida Housing Finance Corporation, Homeowner Mortgage Revenue Bonds, | |||||||
AMT, Series 6, 4.70%, 7/01/37 | 5,380 | 4,344,565 | ||||||
Harbor Bay, Florida, Community Development District, Capital Improvement | ||||||||
Special Assessment Bonds, 6.75%, 5/01/34 | 2,860 | 2,798,253 | ||||||
Highlands County, Florida, Health Facilities Authority, Hospital Revenue | ||||||||
Refunding Bonds (Adventist Health System), Series G, 5.125%, 11/15/32 | 1,000 | 954,050 | ||||||
Miami-Dade County, Florida, Aviation Revenue Refunding Bonds (Miami | ||||||||
International Airport), AMT, 5.75%, 10/01/19 (i) | 5,500 | 5,558,025 | ||||||
Midtown Miami, Florida, Community Development District, Special Assessment | ||||||||
Revenue Bonds, Series A, 6%, 5/01/24 | 3,465 | 3,171,826 | ||||||
Midtown Miami, Florida, Community Development District, Special Assessment | ||||||||
Revenue Bonds, Series B, 6.50%, 5/01/37 | 1,975 | 1,821,404 | ||||||
Orlando, Florida, Urban Community Development District, Capital | ||||||||
Improvement Special Assessment Bonds, 6%, 5/01/20 | 820 | 761,903 | ||||||
Panther Trace Community Development District II, Florida, Special Assessment | ||||||||
Revenue Bonds, 5.125%, 11/01/13 | 2,255 | 2,075,750 | ||||||
Portofino Shores, Florida, Community Development District, Special | ||||||||
Assessment Bonds, Series A, 6.40%, 5/01/34 | 1,085 | 1,097,185 | ||||||
South Lake County, Florida, Hospital District Revenue Bonds (South Lake | ||||||||
Hospital Inc.), 6.625%, 10/01/23 | 2,390 | 2,484,381 | ||||||
Sterling Hill Community Development District, Florida, Capital Improvement | ||||||||
Revenue Refunding Bonds, Series B, 5.50%, 11/01/10 | 185 | 182,904 | ||||||
University of Florida Research Foundation Inc., Capital Improvement Revenue | ||||||||
Bonds, 5.125%, 9/01/33 (c) | 4,000 | 4,001,360 | ||||||
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29,251,606 | ||||||||
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Georgia - 0.3% | Atlanta, Georgia, Tax Allocation Bonds (Atlantic Station Project), 7.90%, | |||||||
12/01/11 (a) | 1,500 | 1,766,475 | ||||||
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Idaho - 0.8% | Boise City, Idaho, COP, AMT, 5.50%, 9/01/25 (i) | 4,000 | 3,922,120 | |||||
Idaho Housing and Finance Association, S/F Mortgage Revenue Bonds, AMT, | ||||||||
Series F-2, 5.85%, 7/01/15 (j) | 260 | 266,804 | ||||||
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4,188,924 | ||||||||
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Illinois - 5.7% | Chicago, Illinois, O'Hare International Airport, General Airport Revenue Bonds, | |||||||
Third Lien, AMT, Series B-2, 6%, 1/01/29 (k) | 2,510 | 2,535,978 | ||||||
Chicago, Illinois, O'Hare International Airport, General Airport Revenue | ||||||||
Refunding Bonds, Third Lien, AMT, Series A-2, 5.75%, 1/01/19 (e) | 2,550 | 2,609,670 | ||||||
Du Page and Will Counties, Illinois, Community School District Number 204 | ||||||||
(Indian Prairie), GO, 5.25%, 12/30/22 (i) | 8,650 | 9,195,988 | ||||||
Hodgkins, Illinois, Environmental Improvement Revenue Bonds (Metro Biosolids | ||||||||
Management LLC Project), AMT, 5.90%, 11/01/17 | 6,000 | 6,002,400 | ||||||
Illinois, Development Finance Authority Revenue Bonds (Community | ||||||||
Rehabilitation Providers Facilities), Series A, 6.625%, 7/01/32 | 6,930 | 7,144,276 |
3
BlackRock Muni Intermediate Duration Fund, Inc. | ||||||||
Schedule of Investments August 31, 2008 (Unaudited) | (Percentages shown are based on Net Assets) | |||||||
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Par | ||||||||
State | Municipal Bonds | (000) | Value | |||||
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Illinois State Finance Authority Revenue Bonds (Landing At Plymouth Place | ||||||||
Project), Series A, 6%, 5/15/25 | $ 1,800 | $ 1,665,738 | ||||||
Village of Wheeling, Illinois, Revenue Bonds (North Milwaukee/Lake-Cook Tax | ||||||||
Increment Financing (TIF) Redevelopment Project), 6%, 1/01/25 | 1,580 | 1,428,873 | ||||||
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30,582,923 | ||||||||
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Indiana - 0.4% | Jasper County, Indiana, PCR, Refunding (Northern Indiana Public Service), | |||||||
Series C, 5.85%, 4/01/19 (b) | 2,000 | 2,001,120 | ||||||
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Louisiana - 2.6% | Louisiana Public Facilities Authority Revenue Bonds (Nineteenth Judicial | |||||||
District Court Building Project), 5.50%, 6/01/41 (i) | 2,000 | 1,998,600 | ||||||
Louisiana Public Facilities Authority Revenue Bonds (University of New Orleans | ||||||||
Research and Technology Foundation, Inc. - Student Housing Project), 5.25%, | ||||||||
3/01/26 (b) | 6,965 | 7,110,917 | ||||||
Port New Orleans, Louisiana, IDR, Refunding (Continental Grain Company | ||||||||
Project), 6.50%, 1/01/17 | 5,000 | 4,934,750 | ||||||
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14,044,267 | ||||||||
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Maine - 0.3% | Portland, Maine, Housing Development Corporation, Senior Living Revenue | |||||||
Bonds (Avesta Housing Development Corporation Project), Series A, | ||||||||
6%, 2/01/34 | 1,965 | 1,881,055 | ||||||
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Maryland - 0.1% | Maryland State Industrial Development Financing Authority, EDR (Our Lady of | |||||||
Good Counsel School), Series A, 6%, 5/01/35 | 500 | 486,985 | ||||||
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Massachusetts - | Massachusetts Bay Transportation Authority, Sales Tax Revenue Refunding | |||||||
1.5% | Bonds, Senior Series A, 5%, 7/01/12 (a) | 4,560 | 4,953,756 | |||||
Massachusetts State Development Finance Agency, Resource Recovery | ||||||||
Revenue Bonds (Ogden Haverhill Associates), AMT, Series B, 5.35%, 12/01/15 | 1,210 | 1,164,843 | ||||||
Massachusetts State Development Finance Agency, Resource Recovery | ||||||||
Revenue Bonds (Ogden Haverhill Associates), AMT, Series B, 5.50%, 12/01/19 | 2,000 | 1,926,880 | ||||||
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8,045,479 | ||||||||
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Michigan - 1.4% | Macomb County, Michigan, Hospital Finance Authority, Hospital Revenue | |||||||
Bonds (Mount Clemens General Hospital), Series B, 5.875%, 11/15/13 (a) | 2,325 | 2,617,648 | ||||||
Michigan State Hospital Finance Authority, Revenue Refunding Bonds | ||||||||
(Oakwood Obligated Group), Series A, 6%, 4/01/22 | 4,795 | 4,933,432 | ||||||
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7,551,080 | ||||||||
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Minnesota - 1.0% | Minneapolis and Saint Paul, Minnesota, Housing and Redevelopment Authority, | |||||||
Health Care System Revenue Bonds (Group Health Plan Inc. Project), 6%, | ||||||||
12/01/19 | 1,000 | 1,023,830 | ||||||
Minneapolis and Saint Paul, Minnesota, Housing and Redevelopment Authority, | ||||||||
Health Care System Revenue Bonds (Group Health Plan Inc. Project), 6%, | ||||||||
12/01/21 | 2,545 | 2,589,385 | ||||||
Minnesota State Municipal Power Agency, Electric Revenue Bonds, Series A, | ||||||||
5.25%, 10/01/24 | 2,000 | 2,029,020 | ||||||
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5,642,235 | ||||||||
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4
BlackRock Muni Intermediate Duration Fund, Inc. | ||||||||
Schedule of Investments August 31, 2008 (Unaudited) | (Percentages shown are based on Net Assets) | |||||||
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Par | ||||||||
State | Municipal Bonds | (000) | Value | |||||
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Mississippi - 1.4% | Mississippi Business Finance Corporation, Mississippi, PCR, Refunding (System | |||||||
Energy Resources Inc. Project), 5.875%, 4/01/22 | $ 5,000 | $ 4,829,650 | ||||||
Mississippi Business Finance Corporation, Mississippi, PCR, Refunding (System | ||||||||
Energy Resources Inc. Project), 5.90%, 5/01/22 | 2,910 | 2,814,406 | ||||||
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7,644,056 | ||||||||
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Nebraska - 1.3% | Public Power Generation Agency, Nebraska, Revenue Bonds (Whelan Energy | |||||||
Center Unit 2), Series A, 5%, 1/01/37 (c) | 7,000 | 6,813,380 | ||||||
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Nevada - 0.4% | Clark County, Nevada, Improvement District Number 142, Special Assessment | |||||||
Bonds, 6.375%, 8/01/23 | 2,195 | 2,060,381 | ||||||
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New Jersey - | Garden State Preservation Trust of New Jersey, Open Space and Farmland | |||||||
12.5% | Preservation Revenue Bonds, Series A, 5.80%, 11/01/21 (e) | 3,635 | 4,096,645 | |||||
Garden State Preservation Trust of New Jersey, Open Space and Farmland | ||||||||
Preservation Revenue Bonds, Series A, 5.80%, 11/01/23 (e) | 5,050 | 5,629,942 | ||||||
New Jersey EDA, Cigarette Tax Revenue Bonds, 5.75%, 6/15/29 | 9,810 | 9,307,924 | ||||||
New Jersey EDA, Motor Vehicle Surcharge Revenue Bonds, Series A, 5.25%, | ||||||||
7/01/33 (b) | 17,900 | 18,168,142 | ||||||
New Jersey EDA, Special Facility Revenue Bonds (Continental Airlines Inc. | ||||||||
Project), AMT, 6.625%, 9/15/12 | 5,540 | 5,118,406 | ||||||
New Jersey EDA, Water Facilities Revenue Refunding Bonds (American Water), | ||||||||
AMT, Series B, 5.125%, 4/01/22 (c) | 5,000 | 4,725,850 | ||||||
New Jersey State Housing and Mortgage Finance Agency, S/F Housing Revenue | ||||||||
Bonds, AMT, Series X, 5.10%, 10/01/23 | 4,500 | 4,303,485 | ||||||
New Jersey State Transportation Trust Fund Authority, Transportation System | ||||||||
Revenue Bonds, Series D, 5%, 6/15/18 (c) | 4,215 | 4,472,621 | ||||||
New Jersey State Transportation Trust Fund Authority, Transportation System | ||||||||
Revenue Bonds, Series D, 5%, 6/15/19 (e) | 11,120 | 11,752,172 | ||||||
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67,575,187 | ||||||||
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New Mexico - | New Mexico Finance Authority, Senior Lien State Transportation Revenue | |||||||
1.9% | Bonds, Series A, 5.125%, 6/15/18 (b) | 9,520 | 10,137,372 | |||||
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New York - 26.2% | Dutchess County, New York, IDA, Civic Facility Revenue Bonds (Saint Francis | |||||||
Hospital), Series B, 7.25%, 3/01/19 | 1,030 | 1,083,467 | ||||||
Metropolitan Transportation Authority, New York, Revenue Refunding Bonds, | ||||||||
Series A, 5%, 11/15/25 (i) | 4,100 | 4,112,054 | ||||||
New York City, New York, City IDA, Special Facility Revenue Bonds | ||||||||
(Continental Airlines Inc. Project), AMT, 8.375%, 11/01/16 | 3,500 | 3,374,210 | ||||||
New York City, New York, City Transitional Finance Authority, Building Aid | ||||||||
Revenue Bonds, Series S-1, 5%, 7/15/24 (i) | 2,500 | 2,570,500 | ||||||
New York City, New York, City Transitional Finance Authority, Building Aid | ||||||||
Revenue Refunding Bonds, Series S-1, 5%, 1/15/34 | 3,625 | 3,635,041 | ||||||
New York City, New York, GO, Refunding, Series B, 5.75%, 8/01/15 | 5,000 | 5,474,050 | ||||||
New York City, New York, GO, Series D1, 5.125%, 12/01/26 | 4,615 | 4,753,496 | ||||||
New York City, New York, IDA, Civic Facility Revenue Bonds (Special Needs | ||||||||
Facilities Pooled Program), Series C-1, 6.80%, 7/01/19 | 2,055 | 2,033,690 |
5
BlackRock Muni Intermediate Duration Fund, Inc. | ||||||||
Schedule of Investments August 31, 2008 (Unaudited) | (Percentages shown are based on Net Assets) | |||||||
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Par | ||||||||
State | Municipal Bonds | (000) | Value | |||||
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New York City, New York, Sales Tax Asset Receivable Corporation Revenue | ||||||||
Bonds, Series A, 5%, 10/15/20 (b) | $ 9,070 | $9,502,911 | ||||||
New York State Dormitory Authority, Lease Revenue Refunding Bonds (Court | ||||||||
Facilities), Series A, 5.25%, 5/15/12 | 5,580 | 6,034,491 | ||||||
New York State Dormitory Authority, Non-State Supported Debt, Lease | ||||||||
Revenue Bonds (Municipal Health Facilities Improvement Program), | ||||||||
Sub-Series 2-4, 5%, 1/15/27 | 6,900 | 6,956,166 | ||||||
New York State Dormitory Authority, Non-State Supported Debt, Revenue | ||||||||
Refunding Bonds (Mount Sinai-NYU Medical Center Health System), Series A, | ||||||||
6.625%, 7/01/10 (a) | 4,615 | 5,020,843 | ||||||
New York State Dormitory Authority, Non-State Supported Debt, Revenue | ||||||||
Refunding Bonds (Mount Sinai-NYU Medical Center Health System), Series A, | ||||||||
6.625%, 7/01/18 | 2,385 | 2,472,577 | ||||||
New York State Dormitory Authority, Non-State Supported Debt, Revenue | ||||||||
Refunding Bonds (Mount Sinai-NYU Medical Center Health System), Series A, | ||||||||
6.625%, 7/01/19 | 1,330 | 1,376,231 | ||||||
New York State Dormitory Authority Revenue Bonds (North Shore - Long Island | ||||||||
Jewish Health System), 5%, 5/01/12 | 1,000 | 1,054,040 | ||||||
New York State Dormitory Authority Revenue Bonds (School Districts Financing | ||||||||
Program), Series D, 5.25%, 10/01/23 (b) | 9,540 | 10,029,497 | ||||||
New York State Environmental Facilities Corporation, State Personal Income | ||||||||
Tax Revenue Bonds, Series A, 5.25%, 12/15/14 (a)(i) | 7,380 | 8,322,500 | ||||||
New York State Thruway Authority, Local Highway and Bridge Service | ||||||||
Contract, Revenue Refunding Bonds, 5.50%, 4/01/17 | 60 | 64,939 | ||||||
New York State Urban Development Corporation, Correctional and Youth | ||||||||
Facilities Services, Revenue Refunding Bonds, Series A, 5.50%, 1/01/17 | 10,825 | 11,451,551 | ||||||
New York State Urban Development Corporation, Personal Income Tax | ||||||||
Revenue Bonds (State Facilities), Series A-1, 5.25%, 3/15/34 (i) | 10,000 | 10,214,100 | ||||||
Port Authority of New York and New Jersey, Consolidated Revenue Refunding | ||||||||
Bonds, 153rd Series, 5%, 7/15/24 | 2,010 | 2,110,601 | ||||||
Port Authority of New York and New Jersey, Senior Consolidated Revenue | ||||||||
Bonds, AMT, 131st Series, 5%, 12/15/17 (l) | 5,000 | 5,107,050 | ||||||
Tobacco Settlement Financing Corporation of New York Revenue Bonds, Series | ||||||||
A-1, 5.25%, 6/01/22 (c) | 6,510 | 6,761,612 | ||||||
Tobacco Settlement Financing Corporation of New York Revenue Bonds, Series | ||||||||
C-1, 5.50%, 6/01/20 (i) | 9,750 | 10,299,218 | ||||||
Tobacco Settlement Financing Corporation of New York Revenue Bonds, Series | ||||||||
C-1, 5.50%, 6/01/21 | 7,000 | 7,375,760 | ||||||
Tobacco Settlement Financing Corporation of New York Revenue Bonds, Series | ||||||||
C-1, 5.50%, 6/01/22 | 10,000 | 10,492,900 | ||||||
| ||||||||
141,683,495 | ||||||||
|
|
|
|
| ||||
North Carolina - | Gaston County, North Carolina, Industrial Facilities and Pollution Control | |||||||
2.2% | Financing Authority, Revenue Bonds (National Gypsum Company Project), | |||||||
AMT, 5.75%, 8/01/35 | 3,105 | 2,418,422 |
6
BlackRock Muni Intermediate Duration Fund, Inc. | ||||||||
Schedule of Investments August 31, 2008 (Unaudited) | (Percentages shown are based on Net Assets) | |||||||
|
| |||||||
Par | ||||||||
State | Municipal Bonds | (000) | Value | |||||
|
|
|
|
| ||||
North Carolina Medical Care Commission, Health Care Facilities, First | ||||||||
Mortgage Revenue Refunding Bonds (Presbyterian Homes Project), 7%, | ||||||||
10/01/10 (a) | $ 6,000 | $ 6,630,240 | ||||||
North Carolina Municipal Power Agency Number 1, Catawba Electric Revenue | ||||||||
Bonds, Series A, 5.25%, 1/01/20 (b) | 2,700 | 2,758,563 | ||||||
| ||||||||
11,807,225 | ||||||||
|
|
|
|
| ||||
Ohio - 1.0% | Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement | |||||||
Asset-Backed Bonds, Series A-2, 6.50%, 6/01/47 | 4,820 | 4,286,956 | ||||||
Port of Greater Cincinnati Development Authority, Ohio, Special Assessment | ||||||||
Revenue Bonds (Cooperative Public Parking Infrastructure Project), 6.30%, | ||||||||
2/15/24 | 1,280 | 1,294,054 | ||||||
| ||||||||
5,581,010 | ||||||||
|
|
|
|
| ||||
Pennsylvania - | Montgomery County, Pennsylvania, IDA, Revenue Bonds (Whitemarsh | |||||||
9.1% | Continuing Care Project), 6%, 2/01/21 | 3,500 | 3,289,755 | |||||
Pennsylvania Economic Development Financing Authority, Exempt Facilities | ||||||||
Revenue Bonds (National Gypsum Company), AMT, Series A, 6.25%, 11/01/27 | 7,710 | 6,632,528 | ||||||
Philadelphia, Pennsylvania, Airport Revenue Bonds (Philadelphia Airport | ||||||||
System), AMT, Series A, 5%, 6/15/20 (e) | 2,895 | 2,821,785 | ||||||
Philadelphia, Pennsylvania, Airport Revenue Refunding Bonds (Philadelphia | ||||||||
Airport System), AMT, Series B, 5%, 6/15/19 (e) | 3,905 | 3,831,625 | ||||||
Philadelphia, Pennsylvania, Gas Works Revenue Refunding Bonds, 1975 | ||||||||
General Ordinance, 17th Series, 5.375%, 7/01/22 (e) | 7,490 | 7,928,465 | ||||||
Pittsburgh, Pennsylvania, GO, Refunding, Series B, 5.25%, 9/01/17 (e) | 9,630 | 10,539,457 | ||||||
Pittsburgh, Pennsylvania, GO, Series C, 5.25%, 9/01/18 (e) | 6,430 | 6,971,406 | ||||||
Sayre, Pennsylvania, Health Care Facilities Authority, Revenue Refunding | ||||||||
Bonds (Guthrie Healthcare System), Series A, 6.25%, 12/01/11 (a) | 4,615 | 5,170,969 | ||||||
Sayre, Pennsylvania, Health Care Facilities Authority, Revenue Refunding | ||||||||
Bonds (Guthrie Healthcare System), Series A, 6.25%, 12/01/15 | 455 | 484,611 | ||||||
Sayre, Pennsylvania, Health Care Facilities Authority, Revenue Refunding | ||||||||
Bonds (Guthrie Healthcare System), Series A, 6.25%, 12/01/16 | 785 | 832,163 | ||||||
Sayre, Pennsylvania, Health Care Facilities Authority, Revenue Refunding | ||||||||
Bonds (Guthrie Healthcare System), Series A, 6.25%, 12/01/18 | 385 | 404,192 | ||||||
| ||||||||
48,906,956 | ||||||||
|
|
|
|
| ||||
South Carolina - | Georgetown County, South Carolina, Pollution Control Facilities, Revenue | |||||||
2.3% | Refunding Bonds (International Paper Company Project), Series A, 5.125%, | |||||||
2/01/12 | 8,000 | 7,952,640 | ||||||
Medical University Hospital Authority, South Carolina, Hospital Facilities | ||||||||
Revenue Refunding Bonds, Series A, 5.25%, 8/15/23 (b)(j) | 4,250 | 4,365,770 | ||||||
| ||||||||
12,318,410 | ||||||||
|
|
|
|
| ||||
South Dakota - | Educational Enhancement Funding Corporation, South Dakota, Series B, 6.50%, | |||||||
0.4% | 6/01/32 | 2,200 | 2,161,852 | |||||
|
|
|
|
| ||||
Tennessee - 3.6% | Johnson City, Tennessee, Health and Educational Facilities Board, Retirement | |||||||
Facility Revenue Bonds (Appalachian Christian Village Project), Series A, 6%, | ||||||||
2/15/19 | 1,800 | 1,710,144 |
7
BlackRock Muni Intermediate Duration Fund, Inc. | ||||||||
Schedule of Investments August 31, 2008 (Unaudited) | (Percentages shown are based on Net Assets) | |||||||
|
| |||||||
Par | ||||||||
State | Municipal Bonds | (000) | Value | |||||
|
|
|
|
| ||||
Memphis-Shelby County, Tennessee, Airport Authority, Airport Revenue Bonds, | ||||||||
AMT, Series A, 5.50%, 3/01/17 (e) | $ 2,005 | $ 2,030,303 | ||||||
Shelby County, Tennessee, Health, Educational and Housing Facility Board, | ||||||||
Hospital Revenue Refunding Bonds (Methodist Healthcare), 6%, 9/01/12 (a) | 6,000 | 6,733,140 | ||||||
Shelby County, Tennessee, Health, Educational and Housing Facility Board, | ||||||||
Hospital Revenue Refunding Bonds (Methodist Healthcare), 6.25%, 9/01/12 (a) | 3,500 | 3,960,635 | ||||||
Shelby County, Tennessee, Health, Educational & Housing Facilities Board | ||||||||
Revenue Bonds (Germantown Village), Series A, 6.75%, 12/01/18 | 3,550 | 3,344,384 | ||||||
Shelby County, Tennessee, Health, Educational and Housing Facilities Board | ||||||||
Revenue Bonds (Germantown Village), Series A, 7%, 12/01/23 | 1,450 | 1,401,106 | ||||||
| ||||||||
19,179,712 | ||||||||
|
|
|
|
| ||||
Texas - 13.4% | Austin, Texas, Convention Center Revenue Bonds (Convention Enterprises | |||||||
Inc.), First Tier, Series A, 6.375%, 1/01/11 (a) | 5,945 | 6,411,564 | ||||||
Austin, Texas, Convention Center Revenue Bonds (Convention Enterprises | ||||||||
Inc.), First Tier, Series A, 6.70%, 1/01/11 (a) | 10,260 | 11,232,648 | ||||||
Bexar County, Texas, Health Facilities Development Corporation, Revenue | ||||||||
Refunding Bonds (Army Retirement Residence Project), 6.30%, 7/01/12 (a) | 1,500 | 1,708,545 | ||||||
Brazos River Authority, Texas, PCR, Refunding (TXU Energy Company Project), | ||||||||
AMT, Series C, 5.75%, 5/01/36 | 7,000 | 6,508,250 | ||||||
Dallas-Fort Worth, Texas, International Airport Facility Improvement | ||||||||
Corporation, Revenue Bonds (Learjet Inc.), AMT, Series A-1, 6.15%, 1/01/16 | 4,000 | 3,761,120 | ||||||
Dallas-Fort Worth, Texas, International Airport Facility Improvement | ||||||||
Corporation, Revenue Refunding Bonds, AMT, Series A-2, 9%, 5/01/29 | 3,000 | 2,250,600 | ||||||
Dallas-Fort Worth, Texas, International Airport, Joint Revenue Refunding | ||||||||
Bonds, AMT, Sub-Series A-2, 6.10%, 11/01/24 (b) | 1,500 | 1,508,070 | ||||||
Gulf Coast, Texas, IDA, Solid Waste Disposal Revenue Bonds (Citgo Petroleum | ||||||||
Corporation Project), AMT, 7.50%, 5/01/25 | 2,440 | 2,536,892 | ||||||
Gulf Coast Waste Disposal Authority, Texas, Revenue Refunding Bonds | ||||||||
(International Paper Company), AMT, Series A, 6.10%, 8/01/24 | 2,000 | 1,864,980 | ||||||
Houston, Texas, Airport System Revenue Refunding Bonds, Sub-Lien, AMT, | ||||||||
Series A, 5.50%, 7/01/23 (e) | 5,790 | 5,794,053 | ||||||
Houston, Texas, Health Facilities Development Corporation, Retirement | ||||||||
Facility Revenue Bonds (Buckingham Senior Living Community), Series A, 7%, | ||||||||
2/15/14 (a) | 1,500 | 1,806,825 | ||||||
Lower Colorado River Authority, Texas, PCR (Samsung Austin Semiconductor), | ||||||||
AMT, 6.95%, 4/01/30 | 7,420 | 7,599,341 | ||||||
Sabine River Authority, Texas, PCR, Refunding (TXU Electric Company | ||||||||
Project/TXU Energy Company LLC), AMT, Series B, 5.75%, 5/01/30 | 5,000 | 4,609,600 | ||||||
Sheldon, Texas, Independent School District, GO, 5%, 2/15/33 | 1,460 | 1,465,971 | ||||||
Tarrant County, Texas, Health Facilities Development Corporation, Hospital | ||||||||
Revenue Refunding Bonds (Cumberland Rest, Inc. Project), VRDN, Series, 7%, | ||||||||
8/15/32 (d)(m) | 690 | 690,000 | ||||||
Texas State Affordable Housing Corporation, S/F Mortgage Revenue Bonds | ||||||||
(Professional Educators Home Loan Program), AMT, Series A-3, 5.60%, | ||||||||
2/01/39 (f)(g)(h) | 7,909 | 7,781,366 |
8
BlackRock Muni Intermediate Duration Fund, Inc. | ||||||||
Schedule of Investments August 31, 2008 (Unaudited) | (Percentages shown are based on Net Assets) | |||||||
|
| |||||||
Par | ||||||||
State | Municipal Bonds | (000) | Value | |||||
|
|
|
|
| ||||
Texas State Affordable Housing Corporation, S/F Mortgage Revenue Bonds | ||||||||
(Professional Educators Home Loan Program), AMT, Series B, 5.95%, | ||||||||
12/01/39 (f)(g)(h) | $ 4,941 | $ 4,930,525 | ||||||
|
| |||||||
72,460,350 | ||||||||
|
|
|
|
| ||||
Virginia - 2.4% | James City County, Virginia, IDA, Residential Care Facility Revenue Refunding | |||||||
Bonds, Series A, 5.75%, 3/01/17 | 3,285 | 3,293,377 | ||||||
James City County, Virginia, IDA, Residential Care Facility Revenue Refunding | ||||||||
Bonds, Series A, 6%, 3/01/23 | 1,150 | 1,126,045 | ||||||
Tobacco Settlement Financing Corporation of Virginia, Asset-Backed Revenue | ||||||||
Bonds, 5.625%, 6/01/15 (a) | 7,800 | 8,756,670 | ||||||
| ||||||||
13,176,092 | ||||||||
|
|
|
|
| ||||
Washington - | Snohomish County, Washington, School District Number 015 (Edmonds), GO, | |||||||
2.0% | 5%, 12/01/19 (i) | 10,000 | 10,586,700 | |||||
|
|
|
|
| ||||
Guam - 0.9% | Commonwealth of the Northern Mariana Islands, Guam, GO, Series A, 6.75%, | |||||||
10/01/13 (a) | 4,000 | 4,621,200 | ||||||
Commonwealth of the Northern Mariana Islands, Guam, GO, Series A, 6.75%, | ||||||||
10/01/33 | 250 | 252,330 | ||||||
| ||||||||
4,873,530 | ||||||||
|
|
|
|
| ||||
Puerto Rico - | Puerto Rico Commonwealth Aqueduct and Sewer Authority, Senior Lien | |||||||
12.8% | Revenue Bonds, Series A, 5%, 7/01/25 (n) | 3,215 | 3,259,721 | |||||
Puerto Rico Commonwealth Highway and Transportation Authority, | ||||||||
Subordinate Transportation Revenue Bonds, 5.75%, 7/01/21 (i) | 4,375 | 4,505,638 | ||||||
Puerto Rico Electric Power Authority, Power Revenue Bonds, Series NN, 5.50%, | ||||||||
7/01/13 (a) | 17,935 | 20,094,195 | ||||||
Puerto Rico Electric Power Authority, Power Revenue Bonds, Series WW, | ||||||||
5.50%, 7/01/38 | 6,350 | 6,470,269 | ||||||
Puerto Rico Housing Financing Authority, Capital Funding Program, | ||||||||
Subordinate Revenue Refunding Bonds, 5.125%, 12/01/27 | 13,900 | 13,689,971 | ||||||
Puerto Rico Industrial, Medical and Environmental Pollution Control Facilities | ||||||||
Financing Authority, Special Facilities Revenue Bonds (American Airlines Inc.), | ||||||||
Series A, 6.45%, 12/01/25 | 5,390 | 3,073,162 | ||||||
Puerto Rico Public Buildings Authority, Government Facilities Revenue | ||||||||
Refunding Bonds, Series D, 5.25%, 7/01/27 | 5,170 | 5,139,032 | ||||||
Puerto Rico Public Buildings Authority, Government Facilities Revenue | ||||||||
Refunding Bonds, Series I, 5.50%, 7/01/14 (a)(o) | 8,000 | 8,873,600 | ||||||
Puerto Rico Public Finance Corporation, Commonwealth Appropriation | ||||||||
Revenue Bonds, Series E, 5.50%, 2/01/12 (a) | 3,535 | 3,823,916 | ||||||
| ||||||||
68,929,504 | ||||||||
|
|
|
|
| ||||
U.S. Virgin | Virgin Islands Government Refinery Facilities, Revenue Refunding Bonds | |||||||
Islands - 1.6% | (Hovensa Coker Project), AMT, 6.50%, 7/01/21 | 1,860 | 1,863,962 | |||||
Virgin Islands Public Finance Authority, Refinery Facilities Revenue Bonds | ||||||||
(Hovensa Refinery), AMT, 6.125%, 7/01/22 | 6,750 | 6,574,500 | ||||||
| ||||||||
8,438,462 | ||||||||
|
|
|
|
| ||||
Total Municipal Bonds - 144.0% | 777,721,256 | |||||||
|
|
|
|
|
9
BlackRock Muni Intermediate Duration Fund, Inc. | ||||||||
Schedule of Investments August 31, 2008 (Unaudited) | (Percentages shown are based on Net Assets) | |||||||
|
| |||||||
Municipal Bonds Transferred to | Par | |||||||
State | Tender Option Bond Trusts (p) | (000) | Value | |||||
|
|
|
|
| ||||
California - 5.2% | Peralta, California, Community College District, GO (Election of 2000), Series | |||||||
D, 5%, 8/01/30 (e) | $ 10,140 | $ 10,287,638 | ||||||
San Jose, California, GO (Libraries, Parks and Public Safety Projects), 5%, | ||||||||
9/01/30 (b) | 3,101 | 3,132,656 | ||||||
Sequoia, California, Unified High School District, GO, Refunding, Series B, | ||||||||
5.50%, 7/01/35 (e) | 9,028 | 9,478,703 | ||||||
Tamalpais, California, Union High School District, GO (Election of 2001), 5%, | ||||||||
8/01/28 (e) | 4,875 | 4,955,535 | ||||||
| ||||||||
27,854,532 | ||||||||
|
|
|
|
| ||||
Illinois - 2.4% | McHenry County, Illinois, Conservation District, GO, 5.125%, 2/01/207 (e) | 12,695 | 13,164,955 | |||||
|
|
|
| |||||
Massachusetts - | Massachusetts State School Building Authority, Dedicated Sales Tax Revenue | |||||||
1.6% | Bonds, Series A, 5%, 8/15/30 (e) | 8,337 | 8,489,350 | |||||
|
|
|
|
| ||||
New York - 2.1% | New York City, New York, Sales Tax Asset Receivable Corporation Revenue | |||||||
Bonds, Series A, 5.25%, 10/15/27 (c) | 11,100 | 11,577,189 | ||||||
|
|
|
|
| ||||
Texas - 6.1% | Harris County, Texas, Toll Road Revenue Refunding Bonds, Senior Lien, Series | |||||||
A, 5.25%, 8/15/35 (e) | 31,240 | 33,084,097 | ||||||
|
|
|
|
| ||||
Total Municipal Bonds Transferred to | ||||||||
Tender Option Bond Trusts - 17.4% | 94,170,123 | |||||||
|
|
|
|
| ||||
Total Long-Term Investments (Cost - $873,241,524) - 161.4% | 871,891,379 | |||||||
|
|
|
| |||||
Total Investments (Cost - $873,241,524*) - 161.4% | 871,891,379 | |||||||
Other Assets Less Liabilities - 1.8% | 9,893,885 | |||||||
Liability for Trust Certificates, Including Interest | ||||||||
Expense and Fees Payable - (10.0)% | (54,096,957) | |||||||
Preferred Shares, at Redemption Value - (53.2)% | (287,475,021) | |||||||
| ||||||||
Net Assets Applicable to Common Shares - 100.0% | $ 540,213,286 | |||||||
|
* The cost and unrealized appreciation (depreciation) of investments as of August 31, 2008, as computed for federal income tax purposes, were as follows:
Aggregate cost | $ 818,723,481 | |
| ||
Gross unrealized appreciation | $ 18,520,854 | |
Gross unrealized depreciation | (19,329,921) | |
| ||
Net unrealized depreciation | $ (809,067) | |
|
(a) | U.S. government securities, held in escrow, are used to pay interest on this security as well as to retire the bond in full at the date indicated, typically at a premium to par. |
(b) | MBIA Insured. |
(c) | AMBAC Insured. |
(d) | Variable rate security. Rate shown is as of report date. Maturity shown is the final maturity date. |
(e) | FSA Insured. |
(f) | FHLMC Collateralized. |
(g) | FNMA Collateralized. |
(h) | GNMA Collateralized. |
(i) | FGIC Insured. |
(j) | FHA Insured. |
(k) | XL Capital Insured. |
10
BlackRock Muni Intermediate Duration Fund, Inc.
Schedule of Investments August 31, 2008 (Unaudited)
(l) | CIFG Insured. |
(m) | Radian Insured. |
(n) | Assured Guaranty Insured. |
(o) | Commonwealth Guaranteed. |
(p) | Security represents bonds transferred to a tender option bond trust in exchange for which the Fund acquired residual interest certificates. These securities serve as collateral in a financing transaction. |
11
BlackRock Muni Intermediate Duration Fund, Inc.
Schedule of Investments August 31, 2008 (Unaudited)
The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. For information about the Fund's policy regarding valuation of investments and other significant accounting policies, please refer to the Fund's most recent financial statements as contained in its annual report.
The following table summarizes the inputs used as of August 31, 2008 in determining the fair valuation of the Fund's investments:
Valuation | Investments in | |
Inputs | Securities | |
|
|
|
Level 1 | - | |
Level 2 | $ 871,891,379 | |
Level 3 | - | |
|
|
|
Total | $ 871,891,379 | |
|
12
Item 2 Controls and Procedures 2(a) The registrants principal executive and principal financial officers or persons performing similar functions have concluded that the registrants disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the 1940 Act)) are effective as of a date within 90 days of the filing of this report based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rule 13a-15(b) under the Securities Exchange Act of 1934, as amended. 2(b) There were no changes in the registrants internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrants last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrants 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. BlackRock Muni Intermediate Duration Fund, Inc. By: Donald C. Burke Donald C. Burke Chief Executive Officer of BlackRock Muni Intermediate Duration Fund, Inc. Date: October 20, 2008 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: Donald C. Burke Donald C. Burke Chief Executive Officer (principal executive officer) of BlackRock Muni Intermediate Duration Fund, Inc. Date: October 20, 2008 By: Neal J. Andrews Neal J. Andrews Chief Financial Officer (principal financial officer) of BlackRock Muni Intermediate Duration Fund, Inc. Date: October 20, 2008 |