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MUI| Name | Value |
|---|---|
| Revenues | 17.0M |
| Cost of Revenue | 0.0M |
| Gross Profit | 17.0M |
| Operating Expense | 11.3M |
| Operating I/L | 14.5M |
| Other Income/Expense | -15.0M |
| Interest Income | 0.0M |
| Pretax | -0.5M |
| Income Tax Expense | -21.2M |
| Net Income/Loss | -0.5M |
BlackRock Muni Intermediate Duration Fund, Inc. is a closed-ended fixed income mutual fund managed by BlackRock Advisors, LLC. The fund primarily invests in investment grade municipal bonds with a duration of three to ten years, exempt from federal income taxes. Its main source of revenue comes from the interest income generated by the fixed income securities in its portfolio. By investing in municipal bonds, the fund aims to provide tax-exempt income to its investors while maintaining a duration within the specified range to manage interest rate risk.
