nq2.htm



 
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 811-09135
 
Nuveen New York Dividend Advantage Municipal Fund
(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:         12/31/13         
 
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 Dividend Advantage Municipal Fund (NAN)
     
   
December 31, 2013
     
 
 
Principal
   
Optional Call
   
Amount (000)
 
Description (1)
Provisions (2)
Ratings (3)
Value
   
LONG-TERM INVESTMENTS – 151.0% (100.0% of Total Investments)
     
   
MUNICIPAL BONDS – 151.0% (100.0% of Total Investments)
     
   
Consumer Discretionary – 3.3% (2.2% of Total Investments)
     
$ 950
 
New York City Industrial Development Agency, New York, Liberty Revenue Bonds,
9/15 at 100.00
BBB
$     928,065
   
IAC/InterActiveCorp, Series 2005, 5.000%, 9/01/35
     
3,350
 
Seneca Nation of Indians Capital Improvements Authority, New York, Special Obligation Bonds,
6/17 at 100.00
BB
3,358,208
   
Series 2007A, 5.000%, 12/01/23
     
4,300
 
Total Consumer Discretionary
   
4,286,273
   
Consumer Staples – 2.5% (1.6% of Total Investments)
     
175
 
New York Counties Tobacco Trust II, Tobacco Settlement Pass-Through Bonds, Series 2001,
6/14 at 100.00
A3
171,740
   
5.250%, 6/01/25
     
105
 
Rensselaer Tobacco Asset Securitization Corporation, New York, Tobacco Settlement Asset-Backed
3/14 at 100.00
A3
99,830
   
Bonds, Series 2001A, 5.200%, 6/01/25
     
   
TSASC Inc., New York, Tobacco Asset-Backed Bonds, Series 2006:
     
690
 
4.750%, 6/01/22
6/16 at 100.00
BBB–
667,879
2,625
 
5.000%, 6/01/26
6/16 at 100.00
BB–
2,277,660
3,595
 
Total Consumer Staples
   
3,217,109
   
Education and Civic Organizations – 18.2% (12.1% of Total Investments)
     
380
 
Albany Industrial Development Agency, New York, Revenue Bonds, Albany Law School, Series
7/17 at 100.00
BBB
375,634
   
2007A, 5.000%, 7/01/31
     
550
 
Albany Industrial Development Agency, New York, Revenue Bonds, Brighter Choice Charter
4/17 at 100.00
BB+
462,699
   
Schools, Series 2007A, 5.000%, 4/01/37
     
1,725
 
Brooklyn Arena Local Development Corporation, New York, Payment in Lieu of Taxes Revenue
1/20 at 100.00
BBB–
1,811,336
   
Bonds, Barclays Center Project, Series 2009, 6.250%, 7/15/40
     
965
 
Buffalo and Erie County Industrial Land Development Corporation, New York, Revenue Bonds,
12/20 at 100.00
B
974,689
   
Enterprise Charter School Project, Series 2011A, 7.500%, 12/01/40
     
120
 
Cattaraugus County Industrial Development Agency, New York, Revenue Bonds, St. Bonaventure
5/16 at 100.00
BBB–
120,623
   
University, Series 2006, 5.000%, 5/01/23
     
1,635
 
Dormitory Authority of the State of New York, General Revenue Bonds, Manhattan College, Series
7/17 at 100.00
N/R
1,499,246
   
2007A, 5.000%, 7/01/41 – RAAI Insured
     
525
 
Dormitory Authority of the State of New York, General Revenue Bonds, Saint Johns University,
7/23 at 100.00
A–
525,000
   
Series 2013A, 5.000%, 7/01/44
     
705
 
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University Dormitory
7/15 at 100.00
Aa2
731,508
   
Facilities, Series 2004A, 5.000%, 7/01/29 – NPFG Insured
     
1,300
 
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University Dormitory
7/23 at 100.00
Aa3
1,423,435
   
Facilities, Series 2013A, 5.000%, 7/01/27
     
700
 
Dormitory Authority of the State of New York, Revenue Bonds, New School University, Series
7/20 at 100.00
A–
741,839
   
2010, 5.250%, 7/01/30
     
1,000
 
Dormitory Authority of the State of New York, Revenue Bonds, Non State Supported Debt, Cornell
7/20 at 100.00
Aa1
1,039,160
   
University, Series 2010A, 5.000%, 7/01/40
     
680
 
Dormitory Authority of the State of New York, Revenue Bonds, St. Joseph’s College, Series
7/20 at 100.00
Baa1
682,224
   
2010, 5.250%, 7/01/35
     
1,630
 
Dutchess County Industrial Development Agency, New York, Civic Facility Revenue Bonds, Bard
8/17 at 100.00
Ba1
1,350,716
   
College Project, Series 2007-A2, 4.500%, 8/01/36
     
1,300
 
Dutchess County Industrial Development Agency, New York, Civic Facility Revenue Bonds, Bard
8/17 at 100.00
Ba1
1,106,664
   
College Refunding, Series 2007-A1, 5.000%, 8/01/46
     
370
 
Hempstead Town Industrial Development Agency, New York, Revenue Bonds, Adelphi University,
10/15 at 100.00
A
372,083
   
Civic Facility Project, Series 2005, 5.000%, 10/01/35
     
250
 
Hempstead Town Local Development Corporation, New York, Revenue Bonds, Adelphi University
2/19 at 100.00
A
256,485
   
Project, Series 2009B, 5.250%, 2/01/39
     
375
 
Hempstead Town Local Development Corporation, New York, Revenue Bonds, Adelphi University
9/23 at 100.00
A
376,688
   
Project, Series 2013, 5.000%, 9/01/38
     
1,085
 
Hempstead Town Local Development Corporation, New York, Revenue Bonds, Molloy College
7/19 at 100.00
BBB+
1,112,711
   
Project, Series 2009, 5.750%, 7/01/39
     
330
 
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, St.
10/14 at 100.00
A–
330,855
   
Francis College, Series 2004, 5.000%, 10/01/34
     
335
 
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Vaughn
12/16 at 100.00
BB
308,783
   
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:
     
160
 
5.000%, 1/01/36 – AMBAC Insured
1/17 at 100.00
Ba1
141,219
1,000
 
5.000%, 1/01/39 – AMBAC Insured
1/17 at 100.00
Ba1
867,290
1,630
 
4.750%, 1/01/42 – AMBAC Insured
1/17 at 100.00
Ba1
1,296,893
   
New York City Industrial Development Authority, New York, PILOT Revenue Bonds, Yankee Stadium
     
   
Project, Series 2006:
     
2,240
 
4.500%, 3/01/39 – FGIC Insured
9/16 at 100.00
BBB
2,035,779
1,000
 
4.750%, 3/01/46 – NPFG Insured
9/16 at 100.00
A
958,410
1,000
 
New York City Trust for Cultural Resources, New York, Revenue Bonds, Whitney Museum of
1/21 at 100.00
A
1,033,990
   
American Art, Series 2011, 5.000%, 7/01/31
     
245
 
Seneca County Industrial Development Authority, New York, Revenue Bonds, New York Chiropractic
10/17 at 100.00
BBB
247,399
   
College, Series 2007, 5.000%, 10/01/27
     
1,050
 
St. Lawrence County Industrial Development Agency Civic Development Corporation, New York,
3/22 at 100.00
A3
1,094,510
   
Revenue Bonds, Clarkson University Project, Series 2012A, 5.250%, 9/01/33
     
535
 
Troy Capital Resource Corporation, New York, Revenue Bonds, Rensselaer Polytechnic Institute,
9/20 at 100.00
A–
539,922
   
Series 2010A, 5.125%, 9/01/40
     
24,820
 
Total Education and Civic Organizations
   
23,817,790
   
Financials – 3.0% (2.0% of Total Investments)
     
1,345
 
New York Liberty Development Corporation, Revenue Bonds, Goldman Sachs Headquarters Issue,
No Opt. Call
A
1,398,262
   
Series 2005, 5.250%, 10/01/35
     
2,340
 
New York Liberty Development Corporation, Revenue Bonds, Goldman Sachs Headquarters Issue,
No Opt. Call
A
2,487,888
   
Series 2007, 5.500%, 10/01/37
     
3,685
 
Total Financials
   
3,886,150
   
Health Care – 17.5% (11.6% of Total Investments)
     
625
 
Dormitory Authority of the State of New York, FHA-Insured Mortgage Revenue Bonds, Montefiore
2/15 at 100.00
A
636,681
   
Hospital, Series 2004, 5.000%, 8/01/29 – FGIC Insured
     
3,600
 
Dormitory Authority of the State of New York, FHA-Insured Revenue Bonds, St. Luke’s Roosevelt
8/15 at 100.00
N/R
3,669,552
   
Hospital, Series 2005, 4.900%, 8/15/31
     
200
 
Dormitory Authority of the State of New York, Highland Hospital of Rochester Revenue Bonds,
7/20 at 100.00
A2
204,702
   
Series 2010, 5.200%, 7/01/32
     
1,000
 
Dormitory Authority of the State of New York, North Shore Long Island Jewish Obligated Group
5/21 at 100.00
A–
993,300
   
Revenue Bonds, Series 2011A, 5.000%, 5/01/41
     
   
Dormitory Authority of the State of New York, Orange Regional Medical Center Obligated Group
     
   
Revenue Bonds, Series 2008:
     
1,480
 
6.500%, 12/01/21
12/18 at 100.00
Ba1
1,519,235
710
 
6.125%, 12/01/29
12/18 at 100.00
Ba1
705,321
1,320
 
6.250%, 12/01/37
12/18 at 100.00
Ba1
1,267,174
3,160
 
Dormitory Authority of the State of New York, Revenue Bonds, Memorial Sloan Kettering Cancer
7/16 at 100.00
AA
3,170,523
   
Center, Series 2006, 5.000%, 7/01/35 (UB)
     
1,195
 
Dormitory Authority of the State of New York, Revenue Bonds, New York and Presbyterian
8/14 at 100.00
AA–
1,230,993
   
Hospital, Series 2004A, 5.250%, 8/15/15 – AGM Insured
     
1,000
 
Dormitory Authority of the State of New York, Revenue Bonds, North Shore Long Island Jewish
11/16 at 100.00
A3
1,003,730
   
Obligated Group, Series 2005A, 5.000%, 11/01/34
     
2,000
 
Dormitory Authority of the State of New York, Revenue Bonds, NYU Hospitals Center, Series
7/17 at 100.00
A–
2,045,800
   
2007B, 5.625%, 7/01/37
     
750
 
Dormitory Authority of the State of New York, Revenue Bonds, NYU Hospitals Center, Series
7/20 at 100.00
A–
799,103
   
2011A, 6.000%, 7/01/40
     
420
 
Livingston County Industrial Development Agency, New York, Civic Facility Revenue Bonds,
3/14 at 100.00
BB
411,398
   
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:
     
410
 
5.250%, 2/01/27
2/17 at 100.00
BBB–
395,474
360
 
5.500%, 2/01/32
2/17 at 100.00
BBB–
337,828
715
 
Monroe County Industrial Development Corporation, New York, FHA Insured Mortgage Revenue
2/21 at 100.00
Aa2
795,831
   
Bonds, Unity Hospital of Rochester Project, Series 2010, 5.750%, 8/15/35
     
470
 
Suffolk County Economic Development Corporation, New York, Revenue Refunding Bonds, Catholic
7/21 at 100.00
BBB+
478,977
   
Health Services of Long Island Obligated Group Project, Series 2011, 5.000%, 7/01/28
     
2,230
 
Yates County Industrial Development Agency, New York, FHA-Insured Civic Facility Mortgage
2/14 at 100.00
N/R
2,222,463
   
Revenue Bonds, Soldiers and Sailors Memorial Hospital, Series 1999A, 5.650%, 2/01/39
     
950
 
Yonkers Industrial Development Agency, New York, Revenue Bonds, St. John’s Riverside Hospital,
7/14 at 100.00
B+
944,842
   
Series 2001A, 7.125%, 7/01/31
     
22,595
 
Total Health Care
   
22,832,927
   
Housing/Multifamily – 4.9% (3.3% of Total Investments)
     
400
 
Canton Capital Resource Corporation, New York, Student Housing Facility Revenue Bonds, Grasse
5/20 at 100.00
AA–
408,020
   
River LLC at SUNY Canton Project Series 2010A, 5.000%, 5/01/40
     
750
 
New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds,
5/14 at 100.00
AA
759,105
   
Series 2004A, 5.250%, 11/01/30
     
4,000
 
New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds,
5/19 at 100.00
AA
3,999,760
   
Series 2009J, 4.800%, 5/01/36
     
290
 
New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds,
5/20 at 100.00
AA
289,539
   
Series 2010D-1A, 5.000%, 11/01/42
     
600
 
New York State Housing Finance Agency, Affordable Housing Revenue Bonds, Series 2009B,
5/19 at 100.00
Aa2
605,916
   
4.500%, 11/01/29
     
405
 
New York State Housing Finance Agency, Affordable Housing Revenue, Series 2007A, 5.250%,
11/17 at 100.00
Aa2
406,620
   
11/01/38 (Alternative Minimum Tax)
     
6,445
 
Total Housing/Multifamily
   
6,468,960
   
Housing/Single Family – 2.1% (1.4% of Total Investments)
     
645
 
Guam Housing Corporation, Mortgage-Backed Securities Program Single Family Mortgage Revenue
No Opt. Call
N/R
676,992
   
Bonds, Series 1998A, 5.750%, 9/01/31 (Alternative Minimum Tax)
     
1,310
 
New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, Series 130, 4.650%,
4/15 at 100.00
Aa1
1,311,572
   
4/01/27 (Alternative Minimum Tax)
     
740
 
New York State Mortgage Agency, Mortgage Revenue Bonds, Thirty-Third Series A, 4.750%,
4/15 at 100.00
Aaa
745,720
   
4/01/23 (Alternative Minimum Tax)
     
2,695
 
Total Housing/Single Family
   
2,734,284
   
Long-Term Care – 5.2% (3.4% of Total Investments)
     
2,000
 
Dormitory Authority of the State of New York, FHA-Insured Nursing Home Mortgage Revenue Bonds,
2/15 at 100.00
AA
1,942,900
   
Gurwin Jewish Geriatric Center of Long Island, Series 2005A, 4.900%, 2/15/41
     
585
 
Dormitory Authority of the State of New York, GNMA Collateralized Revenue Bonds, Cabrini of
2/17 at 103.00
AA+
595,390
   
Westchester Project, Series 2006, 5.200%, 2/15/41
     
375
 
Dormitory Authority of the State of New York, Non-State Supported Debt, Ozanam Hall of Queens
11/16 at 100.00
B1
313,650
   
Nursing Home Revenue Bonds, Series 2006, 5.000%, 11/01/31
     
250
 
Dormitory Authority of the State of New York, Revenue Bonds, Providence Rest, Series 2005,
7/15 at 100.00
N/R
218,930
   
5.000%, 7/01/35 – ACA Insured
     
960
 
East Rochester Housing Authority, New York, Senior Living Revenue Bonds, Woodland Village
8/16 at 101.00
N/R
843,840
   
Project, Series 2006, 5.500%, 8/01/33
     
710
 
Erie County Industrial Development Agency, New York, Revenue Bonds, Orchard Park CCRC Inc.
11/16 at 100.00
N/R
610,117
   
Project, Series 2006A, 6.000%, 11/15/36
     
100
 
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Special
3/14 at 100.00
N/R
100,123
   
Needs Facilities Pooled Program, Series 2000, 8.125%, 7/01/19
     
365
 
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Special
7/14 at 100.00
N/R
366,522
   
Needs Facilities Pooled Program, Series 2001A-1, 7.250%, 7/01/16
     
   
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Special
     
   
Needs Facilities Pooled Program, Series 2008A-1:
     
1,140
 
5.500%, 7/01/18
7/16 at 101.00
N/R
1,080,161
635
 
5.800%, 7/01/23
7/16 at 101.00
N/R
580,130
140
 
Yonkers Industrial Development Agency, New York, FHA-Insured Mortgage Revenue Bonds, Michael
2/14 at 100.00
A
140,141
   
Malotz Skilled Nursing Pavilion, Series 1999, 5.450%, 2/01/29 – NPFG Insured
     
7,260
 
Total Long-Term Care
   
6,791,904
   
Materials – 0.2% (0.1% of Total Investments)
     
330
 
Jefferson County Industrial Development Agency, New York, Solid Waste Disposal Revenue Bonds,
3/14 at 100.00
BBB
330,026
   
International Paper Company Project, Series 2003A, 5.200%, 12/01/20 (Alternative Minimum Tax)
     
   
Tax Obligation/General – 15.7% (10.4% of Total Investments)
     
6,590
 
New York City, New York, General Obligation Bonds, Fiscal 2007 Series D-1, 5.125%,
12/17 at 100.00
AA
7,466,009
   
12/01/25 (UB)
     
980
 
New York City, New York, General Obligation Bonds, Fiscal 2012 Series I, 5.000%, 8/01/32
8/22 at 100.00
AA
1,030,921
2,000
 
New York City, New York, General Obligation Bonds, Fiscal 2014 Series A-1, 5.000%, 8/01/26
8/23 at 100.00
AA
2,218,920
3,700
 
New York City, New York, General Obligation Bonds, Fiscal Series 2007A, 5.000%, 8/01/25
8/16 at 100.00
AA
4,038,106
1,000
 
New York City, New York, General Obligation Bonds, Series 2004C-1, 5.250%, 8/15/16 (UB)
8/14 at 100.00
AA
1,030,120
1,025
 
New York City, New York, General Obligation Bonds, Subseries G-1 Fiscal Series 2012,
No Opt. Call
AA
1,103,074
   
5.000%, 4/01/28
     
1,525
 
New York City, New York, General Obligation Bonds, Tender Option Bond Trust 3324, 18.335%,
No Opt. Call
AA
1,892,769
   
3/01/21 (IF) (4)
     
   
Rochester, New York, General Obligation Bonds, Series 1999:
     
720
 
5.250%, 10/01/18 – NPFG Insured
No Opt. Call
Aa3
841,327
720
 
5.250%, 10/01/19 – NPFG Insured
No Opt. Call
Aa3
845,611
18,260
 
Total Tax Obligation/General
   
20,466,857
   
Tax Obligation/Limited – 34.8% (23.0% of Total Investments)
     
590
 
Dormitory Authority of the State of New York, Department of Health Revenue Bonds, Series
7/15 at 100.00
AA–
629,530
   
2005A, 5.250%, 7/01/24 – CIFG Insured
     
1,850
 
Dormitory Authority of the State of New York, Secured Hospital Revenue Refunding Bonds,
2/14 at 100.00
AA–
1,857,641
   
Wyckoff Heights Medical Center, Series 1998H, 5.300%, 8/15/21 – NPFG Insured
     
10
 
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, Series
3/15 at 100.00
AAA
10,515
   
2005F, 5.000%, 3/15/21 – AGM Insured
     
   
Metropolitan Transportation Authority, New York, Dedicated Tax Fund Bonds, Refunding
     
   
Series 2012A:
     
1,815
 
5.000%, 11/15/27
No Opt. Call
AA
1,986,608
2,250
 
5.000%, 11/15/29
11/22 at 100.00
AA
2,423,520
1,130
 
Monroe Newpower Corporation, New York, Power Facilities Revenue Bonds, Series 2003,
1/15 at 100.00
A–
1,105,875
   
5.500%, 1/01/34
     
   
New York City Sales Tax Asset Receivable Corporation, New York, Dedicated Revenue Bonds, Local
     
   
Government Assistance Corporation, Series 2004A:
     
1,100
 
5.000%, 10/15/25 – NPFG Insured (UB) (4)
10/14 at 100.00
AAA
1,139,798
810
 
5.000%, 10/15/26 – NPFG Insured (UB) (4)
10/14 at 100.00
AAA
838,326
2,375
 
5.000%, 10/15/29 – AMBAC Insured (UB) (4)
10/14 at 100.00
AAA
2,443,424
2,100
 
New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds, Fiscal
1/17 at 100.00
AA–
2,223,732
   
Series 2007S-2, 5.000%, 1/15/28 – FGIC Insured
     
30
 
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal
3/14 at 100.00
AAA
30,118
   
Series 2003E, 5.000%, 2/01/23 – FGIC Insured
     
2,115
 
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal
11/17 at 100.00
AAA
2,323,031
   
Series 2007C-1, 5.000%, 11/01/27
     
1,025
 
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Subordinate
2/22 at 100.00
AAA
1,071,381
   
Fiscal 2012 Series E-1, 5.000%, 2/01/37
     
840
 
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Subordinate
No Opt. Call
AAA
912,761
   
Fiscal 2013 Series F-1, 5.000%, 2/01/29
     
2,500
 
New York City Transitional Finance Authority, New York, Future Tax Secured Revenue Bonds,
11/20 at 100.00
AAA
2,719,025
   
Subordinate Lien Series 2011C, 5.500%, 11/01/35
     
   
New York City Transitional Finance Authority, New York, Future Tax Secured Revenue Bonds,
     
   
Subordinate Series 2011-D1:
     
1,000
 
5.250%, 2/01/30
2/21 at 100.00
AAA
1,085,400
2,000
 
5.000%, 2/01/35
2/21 at 100.00
AAA
2,090,840
4,000
 
New York City, New York, Educational Construction Fund, Revenue Bonds, Series 2011A,
4/21 at 100.00
AA–
4,332,040
   
5.750%, 4/01/41
     
2,920
 
New York State Environmental Facilities Corporation, State Personal Income Tax Revenue Bonds,
12/17 at 100.00
AAA
3,232,411
   
Series 2008A, 5.000%, 12/15/26 (UB)
     
1,190
 
New York State Housing Finance Agency, State Personal Income Tax Revenue Bonds, Economic
9/15 at 100.00
AAA
1,214,502
   
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
1,077,070
   
2005B, 5.000%, 4/01/21 – AMBAC Insured
     
3,400
 
New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Series 2005B, 5.500%,
No Opt. Call
AA
4,068,746
   
4/01/20 – AMBAC Insured (UB) (4)
     
1,625
 
New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Series 2007,
10/17 at 100.00
AA
1,745,770
   
5.000%, 4/01/27
     
510
 
New York State Thruway Authority, State Personal Income Tax Revenue Bonds, Series 2010A,
9/20 at 100.00
AAA
549,275
   
5.000%, 3/15/29
     
1,330
 
New York State Urban Development Corporation, State Personal Income Tax Revenue Bonds, Tender
3/17 at 100.00
AAA
1,436,639
   
Option Bond Trust 09-6W, 13.181%, 3/15/37 (IF) (4)
     
1,000
 
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series
8/26 at 100.00
A+
702,790
   
2009A, 0.000%, 8/01/32
     
3,000
 
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series
8/29 at 100.00
A+
1,524,570
   
2010A, 0.000%, 8/01/33
     
4,000
 
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Senior Series 2011C,
No Opt. Call
AA–
689,760
   
0.000%, 8/01/39
     
47,515
 
Total Tax Obligation/Limited
   
45,465,098
   
Transportation – 21.8% (14.4% of Total Investments)
     
2,000
 
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2003A,
2/14 at 100.00
AA–
2,006,660
   
5.000%, 11/15/25 – AGM Insured
     
3,000
 
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2007B,
11/17 at 100.00
A
3,063,300
   
5.000%, 11/15/33
     
   
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2010D:
     
1,000
 
5.000%, 11/15/34
11/20 at 100.00
A
1,023,880
1,560
 
5.250%, 11/15/40
11/20 at 100.00
A
1,598,750
2,000
 
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2013E,
11/23 at 100.00
A
2,080,520
   
5.000%, 11/15/31
     
1,750
 
New York City Industrial Development Agency, New York, American Airlines-JFK International
8/16 at 101.00
N/R
1,886,448
   
Airport Special Facility Revenue Bonds, Series 2005, 7.750%, 8/01/31 (Alternative Minimum Tax)
     
   
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Bronx
     
   
Parking Development Company, LLC Project, Series 2007:
     
200
 
5.750%, 10/01/37 (5)
10/17 at 100.00
N/R
77,994
2,000
 
5.875%, 10/01/46 (6)
10/17 at 102.00
N/R
779,940
1,575
 
New York City Industrial Development Agency, New York, Special Facilities Revenue Bonds,
6/14 at 100.00
BB
1,411,232
   
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
8/14 at 100.00
N/R
1,073,020
   
Airport – American Airlines Inc., Series 2002B, 8.500%, 8/01/28 (Alternative Minimum Tax)
     
900
 
New York City Industrial Development Agency, New York, Special Facilities Revenue Bonds,
1/16 at 100.00
A3
965,124
   
Terminal One Group JFK Project, Series 2005, 5.500%, 1/01/24 (Alternative Minimum Tax)
     
   
New York City Industrial Development Agency, New York, Special Facility Revenue Bonds, JetBlue
     
   
Airways Corporation Project, Series 2006:
     
365
 
5.000%, 5/15/20 (Alternative Minimum Tax)
3/14 at 100.00
B
359,120
1,000
 
5.125%, 5/15/30 (Alternative Minimum Tax)
3/14 at 100.00
B
876,330
845
 
New York Liberty Development Corporation, Liberty Revenue Bonds, 4 World Trade Center Project,
11/21 at 100.00
A+
840,995
   
Series 2011, 5.000%, 11/15/44
     
160
 
New York State Thruway Authority, General Revenue Bonds, Series 2005F, 5.000%, 1/01/30 –
1/15 at 100.00
A
164,544
   
AMBAC Insured
     
700
 
New York State Thruway Authority, General Revenue Bonds, Series 2005G, 5.000%, 1/01/30 –
7/15 at 100.00
AA–
726,663
   
AGM Insured
     
500
 
Niagara Frontier Airport Authority, New York, Airport Revenue Bonds, Buffalo Niagara
4/14 at 100.00
A
503,645
   
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:
     
1,300
 
5.000%, 12/01/28 – SYNCORA GTY Insured
6/15 at 101.00
AA–
1,369,147
615
 
5.000%, 12/01/31 – SYNCORA GTY Insured
6/15 at 101.00
AA–
642,730
440
 
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Forty
8/17 at 100.00
AA–
547,360
   
Eighth Series 2008, Trust 2920, 17.724%, 8/15/32 – AGM Insured (IF)
     
1,410
 
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Seventy
12/23 at 100.00
AA–
1,472,731
   
Ninth Series 2013, 5.000%, 12/01/38
     
2,000
 
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Sixty Sixth
1/21 at 100.00
AA–
2,053,660
   
Series 2011, 5.000%, 1/15/41
     
   
Port Authority of New York and New Jersey, Special Project Bonds, JFK International Air
     
   
Terminal LLC Project, Eighth Series 2010:
     
290
 
6.500%, 12/01/28
12/15 at 100.00
BBB
302,250
1,470
 
6.000%, 12/01/36
12/20 at 100.00
BBB
1,572,709
1,000
 
Triborough Bridge and Tunnel Authority, New York, Subordinate Lien General Purpose Revenue
No Opt. Call
AA–
1,119,520
   
Refunding Bonds, Tender Option Bond Trust 1184, 9.395%, 5/15/16 (IF)
     
29,080
 
Total Transportation
   
28,518,272
   
U.S. Guaranteed – 3.9% (2.6% of Total Investments) (7)
     
175
 
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, Series
3/15 at 100.00
AA– (7)
185,101
   
2005F, 5.000%, 3/15/21 (Pre-refunded 3/15/15) – AGM Insured
     
550
 
Erie County Industrial Development Agency, New York, School Facility Revenue Bonds, Buffalo
5/14 at 100.00
AA– (7)
560,307
   
City School District, Series 2004, 5.750%, 5/01/26 (Pre-refunded 5/01/14) – AGM Insured
     
535
 
Metropolitan Transportation Authority, New York, Commuter Facilities Revenue Bonds, Series
3/14 at 100.00
N/R (7)
558,331
   
1997B, 5.000%, 7/01/20 – AMBAC Insured (ETM)
     
2,585
 
New York City Housing Development Corporation, New York, Capital Fund Program Revenue Bonds,
7/15 at 100.00
AA+ (7)
2,767,294
   
New York Housing Authority Program, Series 2005A, 5.000%, 7/01/25 (Pre-refunded 7/01/15) –
     
   
NPFG Insured (UB) (4)
     
1,000
 
New York State Environmental Facilities Corporation, Infrastructure Revenue Bonds, Series
3/14 at 100.00
AA– (7)
1,010,030
   
2003A, 5.000%, 3/15/21 (Pre-refunded 3/15/14)
     
4,845
 
Total U.S. Guaranteed
   
5,081,063
   
Utilities – 11.4% (7.6% of Total Investments)
     
1,300
 
Chautauqua County Industrial Development Agency, Exempt Facility Revenue Bonds, New York, NRG
2/20 at 100.00
Baa3
1,312,142
   
Dunkirk Power Project, Series 2009, 5.875%, 4/01/42
     
110
 
Guam Power Authority, Revenue Bonds, Series 2012A, 5.000%, 10/01/34
10/22 at 100.00
BBB
105,267
   
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2006A:
     
2,500
 
5.000%, 12/01/23 – FGIC Insured
6/16 at 100.00
A
2,684,125
500
 
5.000%, 12/01/24 – FGIC Insured
6/16 at 100.00
A
534,865
3,885
 
Long Island Power Authority, New York, Electric System Revenue Bonds, Series 2011A,
5/21 at 100.00
A–
3,915,575
   
5.000%, 5/01/38
     
1,250
 
Long Island Power Authority, New York, Electric System Revenue Bonds, Series 2012A,
No Opt. Call
A–
1,264,825
   
5.000%, 9/01/37
     
1,400
 
Nassau County Industrial Development Authority, New York, Keyspan Glenwood Energy Project,
3/14 at 100.00
A–
1,403,906
   
Series 2003, 5.250%, 6/01/27 (Alternative Minimum Tax)
     
2,575
 
Niagara Area Development Corporation, New York, Solid Waste Disposal Facility Revenue
No Opt. Call
BB+
2,236,310
   
Refunding Bonds, Covanta Energy Project, Series 2012A, 5.250%, 11/01/42
     
1,410
 
Utility Debt Securitization Authority, New York, Restructuring Bonds, Series 2013 TE,
12/23 at 100.00
AAA
1,481,064
   
5.000%, 12/15/41
     
14,930
 
Total Utilities
   
14,938,079
   
Water and Sewer – 6.5% (4.3% of Total Investments)
     
1,185
 
Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds,
7/20 at 100.00
A–
1,164,180
   
Series 2010, 5.625%, 7/01/40
     
2,000
 
New York City Municipal Water Finance Authority, New York, Water and Sewer System Revenue
6/19 at 100.00
AA+
2,216,340
   
Bonds, Second Generation Resolution, Fiscal 2010 Series 2009BB, 5.000%, 6/15/27
     
4,875
 
New York State Environmental Facilities Corporation, State Clean Water and Drinking Water
6/21 at 100.00
AAA
5,074,819
   
Revolving Funds Revenue Bonds, New York City Municipal Water Finance Authority Projects,
     
   
Second Resolution Series 2011B, 5.000%, 6/15/41
     
8,060
 
Total Water and Sewer
   
8,455,339
$ 198,415
 
Total Long-Term Investments (cost $197,100,563)
   
197,290,131
   
Floating Rate Obligations – (13.1)%
   
(17,115,000)
   
MuniFund Term Preferred Shares, at Liquidation Value – (42.4)% (8)
   
(55,360,000)
   
Other Assets Less Liabilities – 4.5%
   
5,803,260
   
Net Assets Applicable to Common Shares – 100%
   
$ 130,618,391
 
 
 
 
 

 

 
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
$ —
$197,290,131
$ —
$197,290,131
 
 
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 the 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 December 31, 2013, the cost of investments was $179,995,334.
 
Gross unrealized appreciation and gross unrealized depreciation of investments as of December 31, 2013, were as follows:
   
Gross unrealized:
 
   Appreciation
$  6,378,821
   Depreciation
(6,199,317)
Net unrealized appreciation (depreciation) of investments
$    179,504
 
 
     
(1)
 
All percentages shown in the Portfolio of Investments are based on net assets applicable to Common
   
shares unless otherwise noted.
(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)
 
On April 1, 2013, the Fund's Adviser determined it was unlikely that this borrower would fulfill its entire
   
obligation on this security, and therefore reduced the security's interest rate of accrual from 5.750%
   
to 2.300%.
(6)
 
On April 1, 2013, the Fund's Adviser determined it was unlikely that this borrower would fulfill its entire
   
obligation on this security, and therefore reduced the security's interest rate of accrual from 5.875%
   
to 2.350%.
(7)
 
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.
(8)
 
MuniFund Term Preferred Shares, at Liquidation Value as a percentage of Total Investments is 28.1%.
(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 Dividend Advantage Municipal Fund 
 
By (Signature and Title)     /s/ Kevin J. McCarthy                    
                                                   Kevin J. McCarthy
                                                   Vice President and Secretary
 
Date:         February 28, 2014        
 
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:         February 28, 2014        
 
By (Signature and Title)     /s/ Stephen D. Foy                              
                                                   Stephen D. Foy
                                                  Vice President and Controller (principal financial officer) 
 
Date:         February 28, 2014