BlackRock Announces Shareholder Approval of Municipal Closed-End Fund Merger

May 02, 2020

BlackRock Advisors, LLC announced today that at a special meeting of shareholders of BlackRock Muni New York Intermediate Duration Fund, Inc. (NYSE:MNE, CUSIP: 09255F109), the requisite shareholders of MNE approved the merger of MNE into BlackRock New York Municipal Opportunities Fund (“NYMO” and together with MNE, the “Funds”), an open-end mutual fund and a series of BlackRock Multi-State Municipal Series Trust, with NYMO being the surviving Fund (the “Merger”). Common shareholders of MNE who become shareholders of NYMO will be permitted to redeem, purchase or exchange shares of NYMO received in the Merger at the then-current net asset value.

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