Unassociated Document



 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY
 
Investment Company Act file number 811-5238
 
Nuveen New York Municipal Value Fund, Inc.
(Exact name of registrant as specified in charter)
 
Nuveen Investments
        333 West Wacker Drive, Chicago, Illinois 60606         
(Address of principal executive offices) (Zip code)
 

Kevin J. McCarthy
Vice President and Secretary
        333 West Wacker Drive, Chicago, Illinois 60606         
(Name and address of agent for service)
 
Registrant's telephone number, including area code:         312-917-7700        
 
Date of fiscal year end:            9/30          
 
Date of reporting period:         6/30/13         
 
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 the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (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, 450 Fifth Street, NW, 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

 
           
   
Portfolio of Investments (Unaudited)
     
           
   
Nuveen New York Municipal Value Fund, Inc. (NNY)
     
   
   June 30, 2013
     
 
Principal
   
Optional Call
   
Amount (000)
 
Description (1)
Provisions (2)
Ratings (3)
Value
   
Consumer Discretionary – 1.5% (1.5% of Total Investments)
     
$    275
 
New York City Industrial Development Agency, New York, Liberty Revenue Bonds,
9/15 at 100.00
BBB
$     275,121
   
IAC/InterActiveCorp, Series 2005, 5.000%, 9/01/35
     
1,950
 
Seneca Nation of Indians Capital Improvements Authority, New York, Special Obligation Bonds,
6/17 at 100.00
BB
1,966,848
   
Series 2007A, 5.000%, 12/01/23
     
2,225
 
Total Consumer Discretionary
   
2,241,969
   
Consumer Staples – 1.8% (1.8% of Total Investments)
     
125
 
New York Counties Tobacco Trust II, Tobacco Settlement Pass-Through Bonds, Series 2001,
12/13 at 100.00
A3
119,861
   
5.250%, 6/01/25
     
1,090
 
New York Counties Tobacco Trust III, Tobacco Settlement Pass-Through Bonds, Series 2003,
9/13 at 100.00
A1
1,090,687
   
5.750%, 6/01/33
     
320
 
Puerto Rico, The Children’s Trust Fund, Tobacco Settlement Asset-Backed Refunding Bonds,
9/13 at 100.00
BBB+
317,200
   
Series 2002, 5.375%, 5/15/33
     
75
 
Rensselaer Tobacco Asset Securitization Corporation, New York, Tobacco Settlement Asset-Backed
9/13 at 100.00
A3
73,304
   
Bonds, Series 2001A, 5.200%, 6/01/25
     
   
TSASC Inc., New York, Tobacco Asset-Backed Bonds, Series 2006:
     
780
 
4.750%, 6/01/22
6/16 at 100.00
BBB
761,959
345
 
5.000%, 6/01/26
6/16 at 100.00
BB–
322,958
2,735
 
Total Consumer Staples
   
2,685,969
   
Education and Civic Organizations – 15.0% (14.8% of Total Investments)
     
275
 
Albany Industrial Development Agency, New York, Revenue Bonds, Albany Law School, Series
7/17 at 100.00
BBB
277,181
   
2007A, 5.000%, 7/01/31
     
415
 
Albany Industrial Development Agency, New York, Revenue Bonds, Brighter Choice Charter
4/17 at 100.00
BB+
370,964
   
Schools, Series 2007A, 5.000%, 4/01/37
     
1,350
 
Brooklyn Arena Local Development Corporation, New York, Payment in Lieu of Taxes Revenue
1/20 at 100.00
BBB–
1,511,865
   
Bonds, Barclays Center Project, Series 2009, 6.250%, 7/15/40
     
750
 
Buffalo and Erie County Industrial Land Development Corporation, New York, Tax-Exempt Revenue
12/20 at 100.00
BB
815,160
   
Bonds, Enterprise Charter School Project, Series 2011A, 7.500%, 12/01/40
     
90
 
Cattaraugus County Industrial Development Agency, New York, Revenue Bonds, St. Bonaventure
5/16 at 100.00
BBB–
91,162
   
University, Series 2006, 5.000%, 5/01/23
     
1,175
 
Dormitory Authority of the State of New York, General Revenue Bonds, Manhattan College, Series
7/17 at 100.00
N/R
1,131,314
   
2007A, 5.000%, 7/01/41 – RAAI Insured
     
1,000
 
Dormitory Authority of the State of New York, Housing Revenue Bonds, Fashion Institute of
No Opt. Call
A
1,016,610
   
Technology, Series 2007, 5.250%, 7/01/34 – FGIC Insured
     
505
 
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University Dormitory
7/15 at 100.00
Aa2
527,377
   
Facilities, Series 2004A, 5.000%, 7/01/29 – NPFG Insured
     
525
 
Dormitory Authority of the State of New York, Revenue Bonds, New School University, Series
7/20 at 100.00
A–
563,435
   
2010, 5.250%, 7/01/30
     
280
 
Dormitory Authority of the State of New York, Revenue Bonds, St. Joseph’s College, Series
7/20 at 100.00
Baa1
281,954
   
2010, 5.250%, 7/01/35
     
2,170
 
Dutchess County Industrial Development Agency, New York, Civic Facility Revenue Bonds, Bard
8/17 at 100.00
Baa1
2,151,533
   
College Refunding, Series 2007-A1, 5.000%, 8/01/46
     
265
 
Hempstead Town Industrial Development Agency, New York, Revenue Bonds, Adelphi University,
10/15 at 100.00
A
271,962
   
Civic Facility Project, Series 2005, 5.000%, 10/01/35
     
880
 
Hempstead Town Local Development Corporation, New York, Revenue Bonds, Molloy College Project,
7/19 at 100.00
BBB+
914,813
   
Series 2009, 5.750%, 7/01/39
     
   
Monroe County Industrial Development Corporation, New York, Revenue Bonds, St. John Fisher
     
   
College, Series 2011:
     
1,000
 
6.000%, 6/01/30
6/21 at 100.00
BBB+
1,079,660
1,000
 
6.000%, 6/01/34
6/21 at 100.00
BBB+
1,063,890
3,000
 
Monroe County Industrial Development Corporation, New York, Revenue Bonds, University of
7/21 at 100.00
AA–
3,134,790
   
Rochester Project, Series 2011B, 5.000%, 7/01/41
     
245
 
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, St.
10/14 at 100.00
A–
246,749
   
Francis College, Series 2004, 5.000%, 10/01/34
     
260
 
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Vaughn
12/16 at 100.00
BB+
259,160
   
College of Aeronautics, Series 2006A, 5.000%, 12/01/28
     
   
New York City Industrial Development Agency, New York, PILOT Revenue Bonds, Queens Baseball
     
   
Stadium Project, Series 2006:
     
1,500
 
5.000%, 1/01/39 – AMBAC Insured
1/17 at 100.00
Ba1
1,360,635
1,175
 
4.750%, 1/01/42 – AMBAC Insured
1/17 at 100.00
Ba1
1,011,981
   
New York City Industrial Development Authority, New York, PILOT Revenue Bonds, Yankee Stadium
     
   
Project, Series 2006:
     
1,610
 
4.500%, 3/01/39 – FGIC Insured
9/16 at 100.00
BBB
1,520,887
800
 
4.750%, 3/01/46 – NPFG Insured
9/16 at 100.00
A
782,944
170
 
Seneca County Industrial Development Authority, New York, Revenue Bonds, New York Chiropractic
10/17 at 100.00
BBB
173,448
   
College, Series 2007, 5.000%, 10/01/27
     
1,345
 
Tompkins County Development Corporation, New York, Revenue Bonds, Ithaca College, Series 2011,
1/21 at 100.00
A2
1,435,155
   
5.375%, 7/01/41 – AGM Insured
     
300
 
Troy Capital Resource Corporation, New York, Revenue Bonds, Rensselaer Polytechnic Institute,
9/20 at 100.00
A–
312,117
   
Series 2010A, 5.125%, 9/01/40
     
22,085
 
Total Education and Civic Organizations
   
22,306,746
   
Financials – 1.2% (1.2% of Total Investments)
     
400
 
Liberty Development Corporation, New York, Goldman Sachs Headquarter Revenue Bonds, Series
No Opt. Call
A
427,836
   
2005, 5.250%, 10/01/35
     
1,305
 
Liberty Development Corporation, New York, Goldman Sachs Headquarters Revenue Bonds Series
No Opt. Call
A
1,440,968
   
2007, 5.500%, 10/01/37
     
1,705
 
Total Financials
   
1,868,804
   
Health Care – 9.6% (9.4% of Total Investments)
     
990
 
Albany Industrial Development Agency, New York, Revenue Bonds, Saint Peter’s Hospital, Series
11/17 at 100.00
A–
1,071,645
   
2008D, 5.750%, 11/15/27
     
1,005
 
Dormitory Authority of the State of New York, FHA-Insured Mortgage Revenue Bonds, Montefiore
2/15 at 100.00
A
1,024,306
   
Hospital, Series 2004, 5.000%, 8/01/29 – FGIC Insured
     
995
 
Dormitory Authority of the State of New York, FHA-Insured Mortgage Revenue Bonds, New York
2/17 at 100.00
N/R
1,009,547
   
Hospital Medical Center of Queens, Series 2007, 4.650%, 8/15/27
     
700
 
Dormitory Authority of the State of New York, FHA-Insured Revenue Bonds, Montefiore Medical
2/15 at 100.00
A
734,055
   
Center, Series 2005, 5.000%, 2/01/22 – FGIC Insured
     
1,825
 
Dormitory Authority of the State of New York, FHA-Insured Revenue Bonds, St. Luke’s Roosevelt
8/15 at 100.00
N/R
1,836,078
   
Hospital, Series 2005, 4.900%, 8/15/31
     
350
 
Dormitory Authority of the State of New York, Highland Hospital of Rochester Revenue Bonds,
7/20 at 100.00
A2
366,093
   
Series 2010, 5.000%, 7/01/26
     
380
 
Dormitory Authority of the State of New York, Orange Regional Medical Center Obligated Group
12/18 at 100.00
Ba1
404,628
   
Revenue Bonds, Series 2008, 6.250%, 12/01/37
     
2,350
 
Dormitory Authority of the State of New York, Revenue Bonds, Memorial Sloan Kettering Cancer
7/16 at 100.00
AA
2,448,042
   
Center, Series 2006-1, 5.000%, 7/01/35
     
1,405
 
Dormitory Authority of the State of New York, Revenue Bonds, New York and Presbyterian
8/14 at 100.00
AA–
1,476,922
   
Hospital, Series 2004A, 5.250%, 8/15/15 – AGM Insured
     
2,100
 
Dormitory Authority of the State of New York, Revenue Bonds, NYU Hospitals Center, Series
7/20 at 100.00
A–
2,292,150
   
2011A, 6.000%, 7/01/40
     
290
 
Livingston County Industrial Development Agency, New York, Civic Facility Revenue Bonds,
9/13 at 100.00
BB
290,113
   
Nicholas H. Noyes Hospital, Series 2005, 6.000%, 7/01/30
     
   
Madison County Industrial Development Agency, New York, Civic Facility Revenue Bonds, Oneida
     
   
Health System, Series 2007A:
     
280
 
5.250%, 2/01/27
2/17 at 100.00
BBB–
273,977
260
 
5.500%, 2/01/32
2/17 at 100.00
BBB–
253,635
295
 
Suffolk County Economic Development Corp / Nassau County Local Economic Assistance & Financing
7/21 at 100.00
A–
313,072
   
Corp., New York, Revenue Bonds, Catholic Health Services of Long Island Obligated Group
     
   
Project, Series 2011, 5.000%, 7/01/28
     
500
 
Yonkers Industrial Development Agency, New York, Revenue Bonds, St. John’s Riverside Hospital,
1/14 at 100.00
B+
500,505
   
Series 2001A, 7.125%, 7/01/31
     
13,725
 
Total Health Care
   
14,294,768
   
Housing/Multifamily – 3.3% (3.2% of Total Investments)
     
315
 
East Syracuse Housing Authority, New York, FHA-Insured Section 8 Assisted Revenue Refunding
10/13 at 100.00
AA+
315,819
   
Bonds, Bennet Project, Series 2001A, 6.700%, 4/01/21
     
1,690
 
New York City Housing Development Corporation, New York, Capital Fund Program Revenue Bonds,
7/15 at 100.00
AA–
1,792,245
   
Series 2005A, 5.000%, 7/01/25 – FGIC Insured
     
1,000
 
New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds,
5/19 at 100.00
AA
1,061,880
   
Series 2009C-1, 5.500%, 11/01/34
     
1,250
 
New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds,
5/19 at 100.00
AA
1,295,150
   
Series 2009M, 5.150%, 11/01/45
     
405
 
New York State Housing Finance Agency, Secured Mortgage Program Multifamily Housing Revenue
8/13 at 100.00
Aa1
405,737
   
Bonds, Series 2001E, 5.600%, 8/15/20 (Alternative Minimum Tax)
     
4,660
 
Total Housing/Multifamily
   
4,870,831
   
Housing/Single Family – 1.2% (1.2% of Total Investments)
     
950
 
New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, Series 130,
4/15 at 100.00
Aa1
960,830
   
4.650%, 4/01/27 (Alternative Minimum Tax)
     
110
 
New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, Series 148,
10/17 at 100.00
Aa1
112,042
   
5.200%, 10/01/32 (Alternative Minimum Tax)
     
750
 
New York State Mortgage Agency, Mortgage Revenue Bonds, Thirty-Third Series A,
4/15 at 100.00
Aaa
758,063
   
4.750%, 4/01/23 (Alternative Minimum Tax)
     
1,810
 
Total Housing/Single Family
   
1,830,935
   
Long-Term Care – 3.1% (3.0% of Total Investments)
     
2,000
 
Dormitory Authority of the State of New York, FHA-Insured Mortgage Revenue Bonds, W.K. Nursing
8/13 at 100.00
AAA
2,003,460
   
Home Corporation, Series 1996, 6.125%, 2/01/36
     
435
 
Dormitory Authority of the State of New York, GNMA Collateralized Revenue Bonds, Cabrini of
2/17 at 103.00
AA+
452,013
   
Westchester Project, Series 2006, 5.200%, 2/15/41
     
270
 
Dormitory Authority of the State of New York, Non-State Supported Debt, Ozanam Hall of Queens
11/16 at 100.00
Ba3
241,855
   
Nursing Home Revenue Bonds, Series 2006, 5.000%, 11/01/31
     
135
 
Dormitory Authority of the State of New York, Revenue Bonds, Providence Rest, Series 2005,
7/15 at 100.00
N/R
122,761
   
5.000%, 7/01/35 – ACA Insured
     
205
 
Erie County Industrial Development Agency, New York, Revenue Bonds, Orchard Park CCRC Inc.
11/16 at 100.00
N/R
202,950
   
Project, Series 2006A, 6.000%, 11/15/36
     
110
 
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Special
9/13 at 100.00
N/R
110,173
   
Needs Facilities Pooled Program, Series 2000, 8.125%, 7/01/19
     
260
 
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Special
1/14 at 100.00
N/R
261,607
   
Needs Facilities Pooled Program, Series 2001A-1, 7.250%, 7/01/16
     
820
 
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Special
7/16 at 101.00
N/R
786,052
   
Needs Facilities Pooled Program, Series 2008A-1, 5.500%, 7/01/18
     
235
 
Suffolk County Industrial Development Agency, New York, Civic Facility Revenue Bonds, Special
7/16 at 101.00
N/R
220,258
   
Needs Facilities Pooled Program, Series 2008-B1, 5.800%, 7/01/23
     
225
 
Yonkers Industrial Development Agency, New York, Civic Facilities Revenue Bonds, Special Needs
7/16 at 101.00
N/R
210,886
   
Facilities Pooled Program Bonds, Series 2008-C1, 5.800%, 7/01/23
     
4,695
 
Total Long-Term Care
   
4,612,015
   
Materials – 0.2% (0.2% of Total Investments)
     
240
 
Jefferson County Industrial Development Agency, New York, Solid Waste Disposal Revenue Bonds,
12/13 at 100.00
BBB
240,602
   
International Paper Company Project, Series 2003A, 5.200%, 12/01/20 (Alternative Minimum Tax)
     
   
Tax Obligation/General – 9.2% (9.0% of Total Investments)
     
4,760
 
New York City, New York, General Obligation Bonds, Fiscal 2008 Series D, 5.125%, 12/01/25
12/17 at 100.00
AA
5,382,989
1,100
 
New York City, New York, General Obligation Bonds, Fiscal 2010 Series C, 5.000%, 8/01/23
8/19 at 100.00
AA
1,248,753
20
 
New York City, New York, General Obligation Bonds, Fiscal Series 2004C, 5.250%, 8/15/16
8/14 at 100.00
AA
21,038
625
 
New York City, New York, General Obligation Bonds, Fiscal Series 2004E, 5.000%, 11/01/19 –
No Opt. Call
AA
660,850
   
AGM Insured
     
2,000
 
New York City, New York, General Obligation Bonds, Fiscal Series 2005F-1, 5.000%, 9/01/19 –
9/15 at 100.00
AA
2,169,020
   
SYNCORA GTY Insured
     
2,795
 
New York City, New York, General Obligation Bonds, Fiscal Series 2007A, 5.000%, 8/01/25
8/16 at 100.00
AA
3,047,444
1,000
 
New York City, New York, General Obligation Bonds, Subseries G-1 Fiscal Series 2012,
4/22 at 100.00
AA
1,124,720
   
5.000%, 4/01/26
     
12,300
 
Total Tax Obligation/General
   
13,654,814
   
Tax Obligation/Limited – 28.2% (27.9% of Total Investments)
     
1,000
 
Battery Park City Authority, New York, Lease Revenue Bonds, Senior Lien Series 2003A,
11/13 at 100.00
AAA
1,016,670
   
5.250%, 11/01/21
     
395
 
Dormitory Authority of the State of New York, Department of Health Revenue Bonds, Series
7/15 at 100.00
AA–
425,218
   
2005A, 5.250%, 7/01/24 – CIFG Insured
     
   
Dormitory Authority of the State of New York, Second General Resolution Consolidated Revenue
     
   
Bonds, City University System, Series 1993A:
     
1,000
 
5.750%, 7/01/18
No Opt. Call
AA–
1,129,080
1,400
 
6.000%, 7/01/20
No Opt. Call
AA–
1,686,650
4,000
 
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, General
2/22 at 100.00
AAA
4,271,280
   
Purpose Series 2012D, 5.000%, 2/15/37
     
15
 
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, Series
3/15 at 100.00
AAA
16,014
   
2005F, 5.000%, 3/15/21 – AGM Insured
     
1,500
 
Metropolitan Transportation Authority, New York, Dedicated Tax Fund Bonds, Series 2009B,
11/19 at 100.00
AA
1,588,005
   
5.000%, 11/15/34
     
560
 
Monroe Newpower Corporation, New York, Power Facilities Revenue Bonds, Series 2003,
1/15 at 100.00
BBB
556,052
   
5.500%, 1/01/34
     
   
New York City Sales Tax Asset Receivable Corporation, New York, Dedicated Revenue Bonds, Local
     
   
Government Assistance Corporation, Series 2004A:
     
740
 
5.000%, 10/15/25 – NPFG Insured
10/14 at 100.00
AAA
774,366
550
 
5.000%, 10/15/26 – NPFG Insured
10/14 at 100.00
AAA
576,268
1,890
 
5.000%, 10/15/29 – AMBAC Insured
10/14 at 100.00
AAA
1,974,366
1,200
 
New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds, Fiscal
1/17 at 100.00
AA–
1,290,048
   
Series 2007S-2, 5.000%, 1/15/28 – FGIC Insured
     
1,500
 
New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds, Fiscal
1/19 at 100.00
AA–
1,587,840
   
Series 2009-S5, 5.250%, 1/15/39
     
2,000
 
New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds, Fiscal
No Opt. Call
AA–
2,152,100
   
Series 2013S-1, 5.000%, 7/15/31
     
25
 
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal
9/13 at 100.00
AAA
25,094
   
Series 2003E, 5.000%, 2/01/23 – FGIC Insured
     
1,530
 
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal
11/17 at 100.00
AAA
1,698,805
   
Series 2007C-1, 5.000%, 11/01/27
     
1,000
 
New York State Environmental Facilities Corporation, Infrastructure Revenue Bonds, Series
3/14 at 100.00
AA–
1,028,720
   
2003A, 5.000%, 3/15/21
     
2,100
 
New York State Environmental Facilities Corporation, State Personal Income Tax Revenue Bonds,
12/17 at 100.00
AAA
2,325,519
   
Series 2008A, 5.000%, 12/15/27 (UB)
     
840
 
New York State Housing Finance Agency, State Personal Income Tax Revenue Bonds, Economic
9/15 at 100.00
AAA
861,974
   
Development and Housing, Series 2006A, 5.000%, 3/15/36
     
1,000
 
New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Second General, Series
10/15 at 100.00
AA
1,083,810
   
2005B, 5.000%, 4/01/21 – AMBAC Insured
     
1,175
 
New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Series 2007,
10/17 at 100.00
AA
1,277,742
   
5.000%, 4/01/27
     
2,450
 
New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Series 2005B, 5.500%,
No Opt. Call
AA
2,973,075
   
4/01/20 – AMBAC Insured (UB) (4)
     
   
New York State Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed and
     
   
State Contingency Contract-Backed Bonds, Series 2003A-1:
     
1,800
 
5.250%, 6/01/20 – AMBAC Insured
9/13 at 100.00
AA–
1,807,506
2,000
 
5.250%, 6/01/22 – AMBAC Insured
9/13 at 100.00
AA–
2,005,760
1,000
 
New York State Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed and
9/13 at 100.00
AA–
1,004,250
   
State Contingency Contract-Backed Bonds, Series 2003B-1C, 5.500%, 6/01/21
     
600
 
New York State Urban Development Corporation, Special Project Revenue Bonds, University
No Opt. Call
AA–
740,988
   
Facilities Grants, Series 1995, 5.875%, 1/01/21
     
2,000
 
New York State Urban Development Corporation, State Personal Income Tax Revenue Bonds, Series
3/21 at 100.00
AAA
2,178,600
   
2011A, 5.000%, 3/15/29
     
5,500
 
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series
8/29 at 100.00
A+
4,064,885
   
2010A, 0.000%, 8/01/33
     
40,770
 
Total Tax Obligation/Limited
   
42,120,685
   
Transportation – 11.2% (11.1% of Total Investments)
     
2,500
 
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2007B,
11/17 at 100.00
A
2,617,350
   
5.000%, 11/15/33
     
3,000
 
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2013B,
5/23 at 100.00
A
3,101,490
   
5.000%, 11/15/38
     
1,500
 
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Bronx
10/17 at 102.00
N/R
629,955
   
Parking Development Company, LLC Project, Series 2007, 5.875%, 10/01/46 (5)
     
1,100
 
New York City Industrial Development Agency, New York, Special Facilities Revenue Bonds,
12/13 at 100.00
BB
1,044,725
   
British Airways PLC, Series 1998, 5.250%, 12/01/32 (Alternative Minimum Tax)
     
1,000
 
New York City Industrial Development Agency, New York, Special Facilities Revenue Bonds, JFK
8/13 at 100.50
N/R
1,099,700
   
Airport – American Airlines Inc., Series 2002B, 8.500%, 8/01/28 (Alternative Minimum Tax)
     
700
 
New York City Industrial Development Agency, New York, Special Facilities Revenue Bonds,
1/16 at 100.00
A3
751,989
   
Terminal One Group JFK Project, Series 2005, 5.500%, 1/01/24 (Alternative Minimum Tax)
     
1,000
 
New York City Industrial Development Agency, New York, Special Facility Revenue Bonds, JetBlue
9/13 at 100.00
B–
940,180
   
Airways Corporation Project, Series 2006, 5.125%, 5/15/30 (Alternative Minimum Tax)
     
660
 
New York Liberty Development Corporation, Liberty Revenue Bonds, 4 World Trade Center Project,
11/21 at 100.00
A+
671,266
   
Series 2011, 5.000%, 11/15/44
     
165
 
New York State Thruway Authority, General Revenue Bonds, Series 2005F, 5.000%, 1/01/30 –
1/15 at 100.00
A+
172,156
   
AMBAC Insured
     
400
 
New York State Thruway Authority, General Revenue Bonds, Series 2005G, 5.000%, 1/01/30 –
7/15 at 100.00
AA–
422,172
   
AGM Insured
     
500
 
Niagara Frontier Airport Authority, New York, Airport Revenue Bonds, Buffalo Niagara
10/13 at 100.00
A
505,550
   
International Airport, Series 1999A, 5.625%, 4/01/29 – NPFG Insured (Alternative Minimum Tax)
     
   
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Fortieth
     
   
Series 2005:
     
1,000
 
5.000%, 12/01/28 – SYNCORA GTY Insured
6/15 at 101.00
AA–
1,067,140
435
 
5.000%, 12/01/31 – SYNCORA GTY Insured
6/15 at 101.00
AA–
460,909
325
 
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Forty
8/17 at 100.00
AA–
439,660
   
Eighth Series 2008, Trust 2920, 17.992%, 8/15/32 – AGM Insured (IF)
     
   
Port Authority of New York and New Jersey, Special Project Bonds, JFK International Air
     
   
Terminal LLC Project, Eighth Series 2010:
     
225
 
6.500%, 12/01/28
12/15 at 100.00
BBB–
242,404
1,160
 
6.000%, 12/01/36
12/20 at 100.00
BBB–
1,299,815
   
Triborough Bridge and Tunnel Authority, New York, General Purpose Revenue Bonds, Refunding
     
   
Subordinate Lien Series 2002E:
     
780
 
5.500%, 11/15/20 – NPFG Insured
No Opt. Call
A+
950,453
335
 
5.250%, 11/15/22 – NPFG Insured
9/13 at 100.00
A+
336,353
16,785
 
Total Transportation
   
16,753,267
   
U.S. Guaranteed – 2.8% (2.8% of Total Investments) (6)
     
1,260
 
Dormitory Authority of the State of New York, Judicial Facilities Lease Revenue Bonds, Suffolk
No Opt. Call
Aaa
1,384,425
   
County Issue, Series 1986, 7.375%, 7/01/16 (ETM)
     
260
 
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, Series
3/15 at 100.00
AA– (6)
280,215
   
2005F, 5.000%, 3/15/21 (Pre-refunded 3/15/15) – AGM Insured
     
25
 
Dormitory Authority of the State of New York, Suffolk County, Lease Revenue Bonds, Judicial
10/13 at 100.81
Baa1 (6)
26,091
   
Facilities, Series 1991A, 9.500%, 4/15/14 – FGIC Insured (ETM)
     
350
 
Erie County Industrial Development Agency, New York, School Facility Revenue Bonds, Buffalo
5/14 at 100.00
AA– (6)
366,282
   
City School District, Series 2004, 5.750%, 5/01/26 (Pre-refunded 5/01/14) – AGM Insured
     
960
 
Metropolitan Transportation Authority, New York, Commuter Facilities Revenue Bonds, Series
9/13 at 100.00
N/R (6)
1,002,144
   
1997B, 5.000%, 7/01/20 – AMBAC Insured (ETM)
     
730
 
New York City, New York, General Obligation Bonds, Fiscal Series 2004C, 5.250%, 8/15/16
8/14 at 100.00
Aa2 (6)
771,223
   
(Pre-refunded 8/15/14)
     
375
 
New York City, New York, General Obligation Bonds, Fiscal Series 2004E, 5.000%, 11/01/19
11/14 at 100.00
Aa2 (6)
398,779
   
(Pre-refunded 11/01/14) – AGM Insured
     
3,960
 
Total U.S. Guaranteed
   
4,229,159
   
Utilities – 7.7% (7.6% of Total Investments)
     
1,000
 
Chautauqua County Industrial Development Agency, New York, Exempt Facility Revenue Bonds, NRG
2/20 at 100.00
Baa3
1,021,550
   
Dunkirk Power Project, Series 2009, 5.875%, 4/01/42
     
90
 
Guam Power Authority, Revenue Bonds, Series 2012A, 5.000%, 10/01/34
10/22 at 100.00
BBB
91,934
   
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2006A:
     
1,500
 
5.000%, 12/01/23 – FGIC Insured
6/16 at 100.00
A
1,606,635
1,500
 
5.000%, 12/01/24 – FGIC Insured
6/16 at 100.00
A
1,606,635
250
 
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2006B,
6/16 at 100.00
A
256,675
   
5.000%, 12/01/35 – CIFG Insured
     
1,510
 
Long Island Power Authority, New York, Electric System Revenue Bonds, Refunding Series 2009A,
4/19 at 100.00
A
1,709,758
   
5.700%, 4/01/30
     
1,650
 
Long Island Power Authority, New York, Electric System Revenue Bonds, Series 2011A,
5/21 at 100.00
A
1,697,322
   
5.000%, 5/01/38
     
1,000
 
Nassau County Industrial Development Authority, New York, Keyspan Glenwood Energy Project,
9/13 at 100.00
A–
1,002,740
   
Series 2003, 5.250%, 6/01/27 (Alternative Minimum Tax)
     
2,025
 
Niagara Area Development Corporation, New York, Solid Waste Disposal Facility Revenue
No Opt. Call
BB+
1,863,608
   
Refunding Bonds, Covanta Energy Project, Series 2012A, 5.250%, 11/01/42
     
25
 
Power Authority of the State of New York, General Revenue Bonds, Series 2006A, 5.000%,
11/15 at 100.00
Aa2
27,343
   
11/15/19 – FGIC Insured
     
575
 
Suffolk County Industrial Development Agency, New York, Revenue Bonds, Nissequogue
1/14 at 100.00
N/R
553,990
   
Cogeneration Partners Facility, Series 1998, 5.500%, 1/01/23 (Alternative Minimum Tax)
     
11,125
 
Total Utilities
   
11,438,190
   
Water and Sewer – 5.4% (5.3% of Total Investments)
     
2,000
 
New York City Municipal Water Finance Authority, New York, Water and Sewer System Revenue
No Opt. Call
AAA
2,256,980
   
Bonds, Fiscal 2009 Series 2008A, 5.750%, 6/15/40
     
4,440
 
New York City Municipal Water Finance Authority, New York, Water and Sewer System Revenue
12/21 at 100.00
AA+
4,684,289
   
Bonds, Second Generation Resolution, Fiscal 2012 Series BB, 5.000%, 6/15/44
     
1,000
 
New York State Environmental Facilities Corporation, Revenue Bonds, State Revolving Funds
2/22 at 100.00
AAA
1,061,830
   
Master Financing, Series 2012B, 5.000%, 2/15/42
     
7,440
 
Total Water and Sewer
   
8,003,099
$ 146,260
 
Total Investments (cost $147,467,861) – 101.4%
   
151,151,853
   
Floating Rate Obligations – (2.2)%
   
(3,255,000)
   
Other Assets Less Liabilities – 0.8%
   
1,228,021
   
Net Assets – 100%
   
$ 149,124,874
 
 
 
 

 

Fair Value Measurements
 
Fair value is defined as the price that the Fund would receive upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. A three-tier hierarchy is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
 
Level 1 – Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
 
Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
 
Level 3 – Prices are determined using significant unobservable inputs (including management's assumptions in determining the fair value of investments).
 
The inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund's fair value measurements as of the end of the reporting period:
 
         
 
Level 1
Level 2
Level 3
Total
Long-Term Investments:
       
  Municipal Bonds
$ —
$151,151,853
$ —
$151,151,853
 
Income Tax Information
 
The following information is presented on an income tax basis. Differences between amounts for financial statement and federal income tax purposes are primarily due to timing differences in recognizing taxable market discount, timing differences in recognizing certain gains and losses on investment transactions and the treatment of investments in inverse floating rate securities reflected as financing transactions, if any. To the extent that differences arise that are permanent in nature, such amounts are reclassified within the capital accounts on the Statement of Assets and Liabilities presented in the annual report, based on their federal tax basis treatment; temporary differences do not require reclassification. Temporary and permanent differences do not impact the net asset value of the Fund.
 
As of June 30, 2013, the cost of investments was $143,878,365.
 
Gross unrealized appreciation and gross unrealized depreciation of investments as of June 30, 2013, were as follows:
   
Gross unrealized:
 
  Appreciation
$  6,843,923
  Depreciation
(2,827,614)
Net unrealized appreciation (depreciation) of investments
$  4,016,309
 
(1)
 
All percentages shown in the Portfolio of Investments are based on net assets.
(2)
 
Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption.
   
There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities
   
may be subject to periodic principal paydowns.
(3)
 
Ratings: Using the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service,
   
Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or
   
BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any
   
of these national rating agencies.
(4)
 
Investment, or portion of investment, has been pledged to collateralize the net payment obligations for
   
investments in inverse floating rate transactions.
(5)
 
At or subsequent to the end of the reporting period, this security is non-income producing. Non-income
   
producing, in the case of a fixed-income security, generally denotes that the issuer has (1) defaulted on
   
the payment of principal or interest, (2) is under the protection of the Federal Bankruptcy Court or (3) the
   
Fund’s Adviser has concluded that the issue is not likely to meet its future interest payment obligations
   
and has directed the Fund’s custodian to cease accruing additional income on the Fund’s records.
(6)
 
Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities,
   
which ensure the timely payment of principal and interest. Certain bonds backed by U.S. Government or
   
agency securities are regarded as having an implied rating equal to the rating of such securities.
N/R
 
Not rated.
(ETM)
 
Escrowed to maturity.
(IF)
 
Inverse floating rate investment.
(UB)
 
Underlying bond of an inverse floating rate trust reflected as a financing transaction.
 
 
 
 

 
 
Item 2. Controls and Procedures.

a.  
The registrant's principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the "1940 Act") (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rule 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 (17 CFR 240.13a-15(b) or 240.15d-15(b)).
 
 
b.  
There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) 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.

File as exhibits as part of this Form a separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the 1940 Act (17 CFR 270.30a-2(a)), exactly as set forth below: See EX-99 CERT attached hereto.

 
 
 

 
 
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.
 
(Registrant)  Nuveen New York Municipal Value Fund, Inc. 
 
By (Signature and Title)     /s/ Kevin J. McCarthy                    
                                                   Kevin J. McCarthy
                                                   Vice President and Secretary
 
Date:         August 29, 2013        
 
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 (Signature and Title)     /s/ Gifford R. Zimmerman                    
                                                    Gifford R. Zimmerman
                                                  Chief Administrative Officer (principal executive officer) 
 
Date:         August 29, 2013        
 
By (Signature and Title)     /s/ Stephen D. Foy                              
                                                   Stephen D. Foy
                                                  Vice President and Controller (principal financial officer) 
 
Date:         August 29, 2013