As filed with the Securities and Exchange Commission on September 28, 2018
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: 811-21169
NEUBERGER BERMAN NEW YORK MUNICIPAL FUND INC.
(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 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:  July 31, 2018
Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of their first and third fiscal quarters, pursuant to Rule 30b1-5 under the Investment Company Act of 1940 (“1940 Act”) (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.
A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q 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 the 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. Schedule of Investments.
Schedule of Investments New York Municipal Fund Inc.(a)
 
(Unaudited) July 31, 2018

 
Principal Amount
     
Value
 
(000's omitted)
       (000's omitted)  
           
Municipal Notes 166.0%
 
American Samoa 0.7%
 
$
500
 
American Samoa Econ. Dev. Au. Gen. Rev. Ref., Ser. 2015-A, 6.25%, due 9/1/29
$
502
 
               
California 6.4%
   
250
 
California St. Poll. Ctrl. Fin. Au. Solid Waste Disp. Rev. (Aemerge Redpak Svcs. So. California LLC Proj.), Ser. 2016, 7.00%, due 12/1/27
 
241
(b)(c)
   
3,115
 
Corona-Norca Unified Sch. Dist. G.O. Cap. Appreciation (Election 2006), Ser. 2009-C, (AGM Insured), 0.00%, due 8/1/24
 
2,707
 
   
1,470
 
Pico Rivera Pub. Fin. Au. Lease Rev., Ser. 2009, 4.75%, due 9/1/25 Pre-Refunded 9/1/19
 
1,523
 
 
4,471
 
Georgia 0.7%
   
500
 
Greene Co. Dev. Au. Swr. Fac. Rev., Ser. 2015, 6.13%, due 1/1/25
 
492
(b)(c)
               
Guam 3.2%
   
1,135
 
Guam Gov't Hotel Occupancy Tax Rev., Ser. 2011-A, 5.50%, due 11/1/19
 
1,176
 
   
1,000
 
Guam Gov't Waterworks Au. Wtr. & Wastewater Sys. Rev., Ser. 2010, 5.25%, due 7/1/25 Pre-Refunded 7/1/20
 
1,068
 
 
2,244
 
Illinois 1.5%
   
1,000
 
Chicago G.O. Ref., Ser. 2003-B, 5.00%, due 1/1/23
 
1,056
 
               
Louisiana 0.8%
   
500
 
Louisiana St. Pub. Facs. Au. Rev. (Southwest Louisiana Charter Academy Foundation Proj.), Ser. 2013-A, 7.63%, due 12/15/28
 
529
 
               
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
 
1,051
 
               
New York 145.8%
       
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
 
417
 
   
270
 
Ser. 2014-A, 5.00%, due 12/1/29
 
299
 
   
500
 
Buffalo & Erie Co. Ind. Land Dev. Corp. Rev. (Tapestry Charter Sch. Proj.), Ser. 2017-A, 5.00%, due 8/1/47
 
521
 
   
1,325
 
Buffalo & Erie Co. Ind. Land Dev. Corp. Rev. Ref. (Charter Sch. for Applied Technologies Proj.), Ser. 2017-A, 5.00%, due 6/1/35
 
1,433
 
       
Buffalo & Erie Co. Ind. Land Dev. Corp. Rev. Ref. (Orchard Park)
     
   
500
 
Ser. 2015, 5.00%, due 11/15/27
 
557
 
   
500
 
Ser. 2015, 5.00%, due 11/15/28
 
555
 
       
Build NYC Res. Corp. Ref. Rev. (City Univ. - Queens College)
     
   
270
 
Ser. 2014-A, 5.00%, due 6/1/26
 
312
 
   
225
 
Ser. 2014-A, 5.00%, due 6/1/29
 
258
 
       
Build NYC Res. Corp. Ref. Rev. (Methodist Hosp. Proj.)
     
   
250
 
Ser. 2014, 5.00%, due 7/1/22
 
277
 
   
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
 
       
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
 
247
 
   
325
 
Ser. 2015, 5.00%, due 6/1/30
 
364
 
   
565
 
Build NYC Res. Corp. Rev., Ser. 2014, 5.00%, due 11/1/24
 
593
 
 
 
750
 
Build NYC Res. Corp. Rev. (Met Lighthouse Charter Sch. Proj.), Ser. 2017-A, 5.00%, due 6/1/47
 
783
(b)
   
500
 
Build NYC Res. Corp. Rev. (South Bronx Charter Sch. Int'l Cultures), Ser. 2013-A, 3.88%, due 4/15/23
 
503
 
       
Build NYC Res. Corp. Solid Waste Disp. Ref. Rev. (Pratt Paper, Inc. Proj.)
     
   
100
 
Ser. 2014, 3.75%, due 1/1/20
 
102
(b)
   
200
 
Ser. 2014, 4.50%, due 1/1/25
 
217
(b)
   
700
 
Deutsche Bank Spears/Lifers Trust Rev. (Build NYC Res. Corp.), Ser. 2017-DBE-7004, (Deutsche Bank AG), 1.34%, due 12/1/39
 
700
(b)(d)
       
Dutchess Co. Local Dev. Corp. Rev. (Culinary Institute of America Proj.)
     
   
200
 
Ser. 2016-A-1, 5.00%, due 7/1/41
 
220
 
   
275
 
Ser. 2016-A-1, 5.00%, due 7/1/46
 
301
 
   
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
 
1,080
 
   
1,270
 
Geneva Dev. Corp. Rev. (Hobart & William Smith College Proj.), Ser. 2012, 5.00%, due 9/1/21
 
1,389
 
   
1,500
 
Hempstead Town Local Dev. Corp. Rev. (Molloy College Proj.), Ser. 2009, 5.75%, due 7/1/23 Pre-Refunded 7/1/19
 
1,559
 
   
580
 
Islip, G.O., Ser. 2012, 3.00%, due 8/1/25
 
597
 
   
1,500
 
Jefferson Co. Civic Fac. Dev. Corp. Rev. Ref. (Samaritan Med. Ctr. Obligated Group Proj.), Ser. 2017-A, 4.00%, due 11/1/47
 
1,438
 
   
460
 
Jefferson Co. IDA Solid Waste Disp. Rev. (Green Bond), Ser. 2014, 4.75%, due 1/1/20
 
454
(b)
   
300
 
Monroe Co. Ind. Dev. Corp. Rev. (Monroe Comm. College), Ser. 2014, (AGM Insured), 5.00%, due 1/15/29
 
332
 
       
Monroe Co. Ind. Dev. Corp. Rev. (Nazareth College of Rochester Proj.)
     
   
500
 
Ser. 2013-A, 5.00%, due 10/1/24
 
554
 
   
500
 
Ser. 2013-A, 5.00%, due 10/1/25
 
552
 
   
250
 
Ser. 2013-A, 4.00%, due 10/1/26
 
262
 
       
Monroe Co. Ind. Dev. Corp. Rev. (St. John Fisher College)
     
   
1,120
 
Ser. 2012-A, 5.00%, due 6/1/23
 
1,236
 
   
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%, due 9/1/27
 
1,444
 
   
500
 
MTA Hudson Rail Yards Trust Oblig. Rev., Ser. 2016-A, 5.00%, due 11/15/46
 
514
 
   
2,000
 
Nassau Co. G.O. (Gen. Imp. Bonds), Ser. 2013-B, 5.00%, due 4/1/28 Pre-Refunded 4/1/23
 
2,277
 
       
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
 
561
 
   
1,000
 
Ser. 2014, 5.00%, due 7/1/27
 
1,118
 
   
4,175
 
Nassau Co. Tobacco Settlement Corp. Asset Backed, Ser. 2006-A-3, 5.13%, due 6/1/46
 
4,157
 
       
New York City G.O.
     
   
1,000
 
Ser. 2009-E, 5.00%, due 8/1/21
 
1,033
 
   
950
 
Ser. 2009-B, 5.00%, due 8/1/22
 
982
 
   
910
 
New York City Muni. Wtr. Fin. Au. Wtr. & Swr. Sys. Rev. (Second Gen. Fiscal 2008), Ser. 2007-BB-1, (LOC: Bank of Tokyo), 0.90%, due 6/15/36
 
910
(d)
   
500
 
New York Liberty Dev. Corp. Ref. Rev. (3 World Trade Ctr. Proj.), Ser. 2014, 5.38%, due 11/15/40
 
542
(b)
   
2,000
 
New York Liberty Dev. Corp. Rev. (Goldman Sachs Headquarters), Ser. 2005, 5.25%, due 10/1/35
 
2,457
 
   
1,815
 
New York St. Dorm. Au. Ref. Rev. Non St. Supported Debt (Pratt Institute), Ser. 2015-A, 3.00%, due 7/1/27
 
1,830
 
   
780
 
New York St. Dorm. Au. Rev. Non St. Supported Debt (Culinary Institute of America), Ser. 2013, 4.63%, due 7/1/25
 
850
 
 
 
500
 
New York St. Dorm. Au. Rev. Non St. Supported Debt (Manhattan Marymount College), Ser. 2009, 5.00%, due 7/1/24
 
513
 
   
900
 
New York St. Dorm. Au. Rev. Non St. Supported Debt (Montefiore Med. Ctr.), Ser. 2008, (FHA Insured), 5.00%, due 8/1/21
 
902
 
   
1,595
 
New York St. Dorm. Au. Rev. Non St. Supported Debt (Mount Sinai Sch. of Medicine), Ser. 2009, 5.25%, due 7/1/24 Pre-Refunded 7/1/19
 
1,650
 
   
2,000
 
New York St. Dorm. Au. Rev. Non St. Supported Debt (North Shore-Long Island Jewish Oblig. Group), Ser. 2011-A, 4.38%, due 5/1/26 Pre-Refunded 5/1/21
 
2,143
 
   
1,375
 
New York St. Dorm. Au. Rev. Non St. Supported Debt (Rochester Institute of Technology), Ser. 2012, 4.00%, due 7/1/28
 
1,450
 
   
2,000
 
New York St. Dorm. Au. Rev. Non St. Supported Debt (St. John's Univ.), Ser. 2007-C, (National Public Finance Guarantee Corp. Insured), 5.25%, due 7/1/19
 
2,067
 
   
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
 
482
 
   
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
 
285
 
   
1,350
 
New York St. Dorm. Au. Rev. Non St. Supported Debt (Univ. Facs.), Ser. 2013-A, 5.00%, due 7/1/28
 
1,516
 
   
750
 
New York St. Dorm. Au. Rev. Non St. Supported Debt (Vaughn College of Aeronautics & Technology), Ser. 2016, 5.00%, due 12/1/26
 
787
(b)
       
New York St. Dorm. Au. Rev. Ref. Non St. Supported Debt (Orange Reg. Med. Ctr.)
     
   
400
 
Ser. 2017, 5.00%, due 12/1/35
 
441
(b)
   
200
 
Ser. 2017, 5.00%, due 12/1/36
 
221
(b)
   
400
 
Ser. 2017, 5.00%, due 12/1/37
 
439
(b)
   
2,000
 
New York St. Dorm. Au. Rev. St. Personal Income Tax Rev., Ser. 2012-A, 5.00%, due 12/15/26
 
2,236
 
   
2,000
 
New York St. Env. Facs. Corp. (St. Clean Wtr. & Drinking), Ser. 2012-A, 4.00%, due 6/15/26
 
2,143
 
       
New York St. HFA Rev. (Affordable Hsg.)
     
   
1,615
 
Ser. 2009-B, 4.50%, due 11/1/29
 
1,635
 
   
960
 
Ser. 2012-F, (SONYMA Insured) 3.05%, due 11/1/27
 
964
 
   
300
 
New York St. Hsg. Fin. Agcy. Rev. (625 West 57th St.), Ser. 2015-A-1,  (LOC: The Bank of New York Mellon), 0.92%, due 5/1/49
 
300
(d)
   
1,045
 
New York St. Mtge. Agcy. Homeowner Mtge. Ref. Rev., Ser. 2014-189, 3.45%, due 4/1/27
 
1,052
 
       
New York St. Muni. Bond Bank Agcy.
     
   
1,230
 
Subser. 2009-B1, 5.00%, due 12/15/23
 
1,283
 
   
1,295
 
Subser. 2009-B1, 5.00%, due 12/15/24
 
1,350
 
   
1,090
 
New York St. Thruway Au. Second Gen. Hwy. & Bridge Trust Fund Bonds, Ser. 2009-B, 5.00%, due 4/1/19
 
1,116
 
   
1,500
 
New York St. Trans. Dev. Corp. Spec. Fac. Ref. Rev. (American Airlines, Inc.-John F Kennedy Int'l Arpt. Proj.), Ser. 2016, 5.00%, due 8/1/31
 
1,554
 
   
2,000
 
New York St. Trans. Dev. Corp. Spec. Fac. Rev. (Delta Airlines, Inc.-LaGuardia Arpt. Term. C&D Redev.), Ser. 2018, 5.00%, due 1/1/33
 
2,237
 
   
1,545
 
New York St. Trans. Dev. Corp. Spec. Fac. Rev. (LaGuardia Arpt. Term. B Redev. Proj.), Ser. 2016-A, 4.00%, due 7/1/41
 
1,549
 
   
1,250
 
New York St. Urban Dev. Corp. Ref. Rev., Ser. 2008-D, 5.25%, due 1/1/20
 
1,269
 
   
785
 
Newburgh, G.O., Ser. 2012-A, 5.00%, due 6/15/22
 
851
 
   
900
 
Niagara Area Dev. Corp. Rev. (Covanta Energy Proj.), Ser. 2012, 4.00%, due 11/1/24
 
900
(b)
       
Niagara Area Dev. Corp. Rev. (Niagara Univ. Proj.)
     
 
 
640
 
Ser. 2012-A, 5.00%, due 5/1/25
 
699
 
   
300
 
Ser. 2012-A, 5.00%, due 5/1/26
 
327
 
   
1,100
 
Niagara Falls City Sch. Dist. Ref. Cert. Participation (High Sch. Fac.), Ser. 2015, (AGM Insured), 4.00%, due 6/15/26
 
1,192
 
   
1,010
 
Onondaga Civic Dev. Corp. Ref. Rev., Ser. 2015, 5.00%, due 10/1/29
 
1,134
 
   
500
 
Onondaga Civic Dev. Corp. Rev. (St. Josephs Hosp. Hlth. Ctr. Proj.), Ser. 2014-A, 5.00%, due 7/1/25 Pre-Refunded 7/1/19
 
516
 
   
1,000
 
Onondaga Co. Trust Cultural Res. Rev. (Syracuse Univ. Proj.), Ser. 2010-B, 5.00%, due 12/1/19
 
1,045
 
   
1,500
 
Oyster Bay, G.O., Ser. 2014, (AGM Insured), 3.25%, due 8/1/21
 
1,563
 
   
500
 
Port Au. New York & New Jersey Cons. Bonds Rev. Ref. (Two Hundred -Third), Ser. 2017, 5.00%, due 4/15/57
 
564
 
   
1,410
 
St. Lawrence Co. IDA Civic Dev. Corp. Rev. (St. Lawrence Univ. Proj.), Ser. 2012, 5.00%, due 7/1/28
 
1,561
 
   
1,980
 
Suffolk Co. Judicial Facs. Agcy. Lease Rev. (H. Lee Dennison Bldg.), Ser. 2013, 5.00%, due 11/1/25
 
2,209
 
   
1,000
 
Syracuse IDA (Carousel Ctr. Proj.), Ser. 2016-A, 5.00%, due 1/1/31
 
1,085
 
   
190
 
Triborough Bridge & Tunnel Au. Oblig., Ser. 1998-A, (National Public Finance Guarantee Corp. Insured), 4.75%, due 1/1/24
 
190
 
       
Triborough Bridge & Tunnel Au. Rev.
     
   
1,000
 
Subser. 2008-D, 5.00%, due 11/15/23 Pre-Refunded 11/15/18
 
1,011
 
   
765
 
Subser. 2008-D, 5.00%, due 11/15/23
 
773
 
       
TSASC Inc. Rev. Ref.
     
   
580
 
Ser. 2017-A, 5.00%, due 6/1/28
 
657
 
   
3,000
 
Ser. 2017-A, 5.00%, due 6/1/41
 
3,243
 
   
1,405
 
United Nations Dev. Corp. Rev., Ser. 2009-A, 5.00%, due 7/1/22
 
1,439
 
   
3,000
 
Utility Debt Securitization Au. Rev., Ser. 2013-TE, 5.00%, due 12/15/28
 
3,431
 
   
1,000
 
Westchester Co. Local Dev. Corp. Ref. Rev. (Wartburg Sr. Hsg. Proj.), Ser. 2015-A, 5.00%, due 6/1/30
 
1,011
(b)
       
Westchester Co. Local Dev. Corp. Ref. Rev. (Westchester Med. Ctr.)
     
   
825
 
Ser. 2016, 5.00%, due 11/1/30
 
908
 
   
1,000
 
Ser. 2016, 3.75%, due 11/1/37
 
960
 
   
1,350
 
Westchester Co. Local Dev. Corp. Rev. (Kendal on Hudson Proj.), Ser. 2013, 5.00%, due 1/1/28
 
1,460
 
 
101,473
 
Ohio 0.7%
   
500
 
Buckeye Tobacco Settlement Fin. Au. Asset-Backed Sr. Rev. (Turbo), Ser. 2007-A-2, 5.88%, due 6/1/47
 
504
 
               
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
 
334
 
   
1,410
 
Subser. 2010-B2, 6.00%, due 12/1/34 Pre-Refunded 12/1/20
 
1,547
 
 
2,194
 
Texas 0.5%
   
400
 
Mission Econ. Dev. Corp. Wtr. Supply Rev. (Green Bond-Env. Wtr. Minerals Proj.), Ser. 2015, 7.75%, due 1/1/45
 
321
(b)(c)(e)
               
Virgin Islands 1.0%
       
Virgin Islands Pub. Fin. Au. Rev.
     
   
250
 
Ser. 2014-A, 5.00%, due 10/1/24
 
237
 
   
500
 
Ser. 2014-A, 5.00%, due 10/1/29
 
456
 
 
693
 
 
 
Total Municipal Notes (Cost $112,235)
   
115,530
 
 
UNITS
         
 
 
         
 
 
Liquidating Trust - Real Estate 2.5%
   
600
 
CMS Liquidating Trust (Cost  $3,106)
$
1,740
*(f)(g)
               
 
Total Investments 168.5% (Cost $115,341)
117,270
 
       
 
Other Assets Less Liabilities 0.9%
601
 
       
 
Liquidation Value of Variable Rate Municipal Term Preferred Shares (net of unamortized deferred offering costs of approximately $25,000) (69.4)%
(48,275)
 
       
 
Net Assets Applicable to Common Stockholders 100.0%
$69,596
 
 
*
Non-income producing security.
(a)
Effective August 28, 2018. Formerly New York Intermediate Municipal Fund Inc. through August 27, 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 July 31, 2018, these securities amounted to approximately $7,651,000, which represents 11.0% 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)
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 July 31, 2018.
(e)
Defaulted security.
(f)
Value determined using significant unobservable inputs.
(g)
This security has been deemed by the investment manager to be illiquid, and is subject to restrictions on resale.
   
  At July 31, 2018, this security amounted to approximately $1,740,000 which represents 2.5% of net assets applicable to common stockholders of the Fund.
           
 
 
 
 
 
(000’s omitted)
Restricted Security
 
 
 
 
 
Acquisition
Date
 
Acquisition
Cost
 
Acquisition Cost
Percentage of Net
Assets Applicable to
Common
Stockholders as of
Acquisition Date
 
Value as of
7/31/2018
 
Fair Value
Percentage of
Net Assets
Applicable to
Common
Stockholders as
of 7/31/2018
 
CMS Liquidating Trust
 
11/21/2012
 
 
$3,105
     
4.0%
 
 
 
$1,740
     
2.5%
 


See Notes to Schedule of Investments

Schedule of Investments New York Municipal Fund Inc.(a)
 
(Unaudited) (cont’d)
     
     
   
 
The following is a summary, categorized by Level (see Notes to Schedule of Investments), of inputs used to value the Fund's investments as of July 31, 2018:
 
Asset Valuation Inputs
 
(000's omitted)
 
Level 1
   
Level 2
   
Level 3(b)
   
Total
 
Investments:
       
Municipal Notes(a)
 
$
   
$
115,530
   
$
   
$
115,530
 
Liquidating Trust - Real Estate
   
     
     
1,740
     
1,740
 
Total Investments
 
$
   
$
115,530
   
$
1,740
   
$
117,270
 
 
(a)
The Schedule of Investments provides a categorization by state/territory or industry for the portfolio.
 
(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:
     
(000’s omitted)
Beginning
balance, as
of
11/1/2017
Accrued
discounts/
(premiums)
 
Realized
gain/(loss)
 
Change in
unrealized
appreciation/
(depreciation)
 
Purchases
 
Sales
 
Transfers
into Level 3
 
Transfers
out of
Level 3
 
Balance,
as of
7/31/2018
 
Net change in
unrealized
appreciation/
(depreciation)
from
investments
still held as of
7/31/2018
Investments in
Securities:
                                   
Units
                                   
Liquidating
Trust—Real
Estate
 
$1,710
 
$—
   
$—
   
$30
   
$—
   
$—
   
$—
   
$—
   
$1,740
   
$30
Total
 
$1,710
 
$—
   
$—
   
$30
   
$—
   
$—
   
$—
   
$—
   
$1,740
   
$30
 
 
As of the period ended July 31, 2018, no securities were transferred from one level (as of October 31, 2017) to another.
    
 
The following table presents additional information about valuation approach and inputs used for investments that are measured at fair value and categorized within Level 3 as of July 31, 2018.
   
 
 
 
Asset
class
 
Fair value
at 7/31/2018
 
 
 
 
Valuation
approach
 
 
 
Unobservable
input
 
Range
per unit
   
Input value
per unit
 
Impact to
valuation
from
decrease
in input
Units
 
$1,740,000
 
Income Approach
Appraised value
 
$2,592 - $2,903
   
$2,903
 
Decrease

 
See Notes to Schedule of Investments

July 31, 2018
Notes to Schedule of Investments (Unaudited)

In accordance with Accounting Standards Codification 820 “Fair Value Measurement” (“ASC 820”), all investments held by each of Neuberger Berman California Municipal Fund Inc. (Formerly, Neuberger Berman California Intermediate Municipal Fund Inc.), Neuberger Berman Municipal Fund Inc. (Formerly, Neuberger Berman Intermediate Municipal Fund Inc.) and Neuberger Berman New York Municipal Fund Inc. (Formerly, Neuberger Berman New York Intermediate Municipal Fund Inc.), (each individually a “Fund,” and collectively, the “Funds”) are carried at the value that Neuberger Berman Investment Advisers LLC ("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 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 Funds’ Board of Directors 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.
 

 
 
 

 
For information on the Funds’ significant accounting policies, please refer to the Funds’ most recent stockholder reports.

Item 2. Controls and Procedures.
(a)
Based on an evaluation of the disclosure controls and procedures (as defined in Rule 30a-3(c) under the 1940 Act), as of a date within 90 days of the filing date of this report, the Chief Executive Officer and President and the Treasurer and Principal Financial and Accounting Officer of the Registrant have concluded that such disclosure controls and procedures are effectively designed to ensure that information required to be disclosed by the Registrant on Form N-Q is accumulated and communicated to the Registrant’s management to allow timely decisions regarding required disclosure.
 (b)
There were no significant changes in the Registrant’s internal controls over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the Registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting.
Item 3. Exhibits.
The certifications required by Rule 30a-2(a) of the 1940 Act are filed herewith.

SIGNATURES
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.
Neuberger Berman New York Municipal Fund Inc.
 
 
By:
/s/ Joseph V. Amato
 
 
Joseph V. Amato
 
 
Chief Executive Officer and President
 
 
Date:  September 28, 2018
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/ Joseph V. Amato
 
 
Joseph V. Amato
 
 
Chief Executive Officer and President
 
 
Date:  September 28, 2018
 
 
By:
/s/ John M. McGovern
 
 
John M. McGovern
 
 
Treasurer and Principal Financial
and Accounting Officer
 
 
Date:  September 28, 2018