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:         6/30/16         
 
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 
 
 
 
 
 
 
Nuveen New York Dividend Advantage Municipal Fund (NAN) 
 
 
 
 
 
June 30, 2016 (Unaudited) 
 
 
 
 
 
Principal 
 
 
Optional Call 
 
 
Amount (000) 
 
Description (1) 
Provisions (2) 
Ratings (3) 
Value 
 
 
LONG-TERM INVESTMENTS – 143.5% (100.0% of Total Investments) 
 
 
 
 
 
 
MUNICIPAL BONDS – 143.0% (99.7% of Total Investments) 
 
 
 
 
 
 
Consumer Discretionary – 1.1% (0.8% of Total Investments) 
 
 
 
$ 5,300 
 
Seneca Nation of Indians Capital Improvements Authority, New York, Special Obligation Bonds, 
6/17 at 100.00 
N/R 
$ 5,444,213 
 
 
Series 2007A, 5.000%, 12/01/23 
 
 
 
 
 
Consumer Staples – 7.3% (5.1% of Total Investments) 
 
 
 
 
 
Erie County Tobacco Asset Securitization Corporation, New York, Tobacco Settlement 
 
 
 
 
 
Asset-Backed Bonds, Series 2005A: 
 
 
 
2,500 
 
5.000%, 6/01/38 
9/16 at 100.00 
BB 
2,509,850 
3,210 
 
5.000%, 6/01/45 
9/16 at 100.00 
BB– 
3,210,257 
1,350 
 
Nassau County Tobacco Settlement Corporation, New York, Tobacco Settlement Asset-Backed Bonds, 
9/16 at 100.00 
B– 
1,354,860 
 
 
Refunding Series 2006A-2, 5.250%, 6/01/26 
 
 
 
12,415 
 
Nassau County Tobacco Settlement Corporation, New York, Tobacco Settlement Asset-Backed Bonds, 
9/16 at 100.00 
B– 
12,414,006 
 
 
Series 2006A-3, 5.000%, 6/01/35 
 
 
 
 
 
TSASC Inc., New York, Tobacco Asset-Backed Bonds, Series 2006: 
 
 
 
1,390 
 
4.750%, 6/01/22 
9/16 at 100.00 
BBB– 
1,391,404 
4,390 
 
5.000%, 6/01/26 
9/16 at 100.00 
BB– 
4,400,185 
3,800 
 
5.000%, 6/01/34 
9/16 at 100.00 
B 
3,800,190 
7,530 
 
5.125%, 6/01/42 
9/16 at 100.00 
B– 
7,489,037 
36,585 
 
Total Consumer Staples 
 
 
36,569,789 
 
 
Education and Civic Organizations – 26.6% (18.6% of Total Investments) 
 
 
 
1,295 
 
Albany Industrial Development Agency, New York, Revenue Bonds, Albany Law School, Series 
7/17 at 100.00 
BBB 
1,337,903 
 
 
2007A, 5.000%, 7/01/31 
 
 
 
1,855 
 
Albany Industrial Development Agency, New York, Revenue Bonds, Brighter Choice Charter 
4/17 at 100.00 
B 
1,693,782 
 
 
Schools, Series 2007A, 5.000%, 4/01/37 
 
 
 
 
 
Brooklyn Arena Local Development Corporation, New York, Payment in Lieu of Taxes Revenue 
 
 
 
 
 
Bonds, Barclays Center Project, Series 2009: 
 
 
 
2,950 
 
6.250%, 7/15/40 
1/20 at 100.00 
BBB– 
3,409,994 
1,000 
 
6.375%, 7/15/43 
1/20 at 100.00 
BBB– 
1,157,400 
3,265 
 
Buffalo and Erie County Industrial Land Development Corporation, New York, Revenue Bonds, 
12/20 at 100.00 
B 
3,373,790 
 
 
Enterprise Charter School Project, Series 2011A, 7.500%, 12/01/40 
 
 
 
 
 
Build New York City Resource Corporation, New York, Revenue Bonds, City University of 
 
 
 
 
 
New York – Queens College, Q Student Residences, LLC Project, Refunding Series 2014A: 
 
 
 
1,025 
 
5.000%, 6/01/32 
6/24 at 100.00 
Aa2 
1,263,518 
2,070 
 
5.000%, 6/01/43 
6/24 at 100.00 
Aa2 
2,494,102 
1,405 
 
Build New York City Resource Corporation, New York, Revenue Bonds, Metropolitan College of 
11/24 at 100.00 
BB 
1,562,585 
 
 
New York, Series 2014, 5.250%, 11/01/34 
 
 
 
 
 
Build New York City Resource Corporation, New York, Revenue Bonds, South Bronx Charter School 
 
 
 
 
 
for International Cultures and the Arts Project, Series 2013A: 
 
 
 
475 
 
5.000%, 4/15/33 
4/23 at 100.00 
BB+ 
493,240 
690 
 
5.000%, 4/15/43 
4/23 at 100.00 
BB+ 
708,734 
5,575 
 
Dormitory Authority of the State of New York, General Revenue Bonds, Manhattan College, Series 
7/17 at 100.00 
AA 
5,806,418 
 
 
2007A, 5.000%, 7/01/41 – RAAI Insured 
 
 
 
1,760 
 
Dormitory Authority of the State of New York, General Revenue Bonds, Saint Johns University, 
7/23 at 100.00 
A– 
2,064,498 
 
 
Series 2013A, 5.000%, 7/01/44 
 
 
 
2,000 
 
Dormitory Authority of the State of New York, Housing Revenue Bonds, Fashion Institute of 
No Opt. Call 
AA– 
2,536,000 
 
 
Technology, Series 2007, 5.250%, 7/01/29 – FGIC Insured 
 
 
 
3,915 
 
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University Dormitory 
7/23 at 100.00 
Aa3 
4,790,629 
 
 
Facilities, Refunding Series 2013A, 5.000%, 7/01/27 
 
 
 
3,500 
 
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University Dormitory 
7/22 at 100.00 
Aa2 
4,152,085 
 
 
Facilities, Series 2012A, 5.000%, 7/01/37 
 
 
 
 
 
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University Dormitory 
 
 
 
 
 
Facilities, Series 2015A: 
 
 
 
1,120 
 
5.000%, 7/01/31 
No Opt. Call 
Aa3 
1,403,954 
1,245 
 
5.000%, 7/01/33 
No Opt. Call 
Aa3 
1,549,004 
2,000 
 
5.000%, 7/01/34 
7/25 at 100.00 
Aa3 
2,479,060 
5,090 
 
Dormitory Authority of the State of New York, Revenue Bonds, Icahn School of Medicine at Mount 
7/25 at 100.00 
A– 
6,171,829 
 
 
Sinai, Series 2015A, 5.000%, 7/01/40 
 
 
 
2,100 
 
Dormitory Authority of the State of New York, Revenue Bonds, Marymount Manhattan College, 
7/19 at 100.00 
Baa2 
2,309,244 
 
 
Series 2009, 5.250%, 7/01/29 
 
 
 
1,750 
 
Dormitory Authority of the State of New York, Revenue Bonds, New School University, Series 
7/20 at 100.00 
A– 
2,011,765 
 
 
2010, 5.250%, 7/01/30 
 
 
 
1,955 
 
Dormitory Authority of the State of New York, Revenue Bonds, New School University, Series 
7/25 at 100.00 
A– 
2,352,061 
 
 
2015A, 5.000%, 7/01/45 
 
 
 
2,120 
 
Dormitory Authority of the State of New York, Revenue Bonds, New York University, Series 
No Opt. Call 
AA– 
2,507,154 
 
 
2001-1, 5.500%, 7/01/20 – AMBAC Insured 
 
 
 
290 
 
Dormitory Authority of the State of New York, Revenue Bonds, New York University, Series 
7/19 at 100.00 
AA– 
323,776 
 
 
2009A, 5.000%, 7/01/39 
 
 
 
 
 
Dormitory Authority of the State of New York, Revenue Bonds, New York University, Series 2015A: 
 
 
 
1,000 
 
5.000%, 7/01/34 
No Opt. Call 
AA– 
1,246,980 
2,300 
 
5.000%, 7/01/35 
No Opt. Call 
AA– 
2,859,475 
 
 
Dormitory Authority of the State of New York, Revenue Bonds, New York University, Series 2016A: 
 
 
 
8,925 
 
5.000%, 7/01/35 
7/26 at 100.00 
AA– 
11,313,686 
610 
 
5.000%, 7/01/36 
7/26 at 100.00 
AA– 
770,735 
8,000 
 
Dormitory Authority of the State of New York, Revenue Bonds, Non State Supported Debt, Cornell 
7/20 at 100.00 
Aa1 
9,206,640 
 
 
University, Series 2010A, 5.000%, 7/01/40 
 
 
 
1,600 
 
Dormitory Authority of the State of New York, Revenue Bonds, Saint Joseph’s College, Series 
7/20 at 100.00 
Ba1 
1,775,632 
 
 
2010, 5.250%, 7/01/35 
 
 
 
250 
 
Hempstead Town Local Development Corporation, New York, Revenue Bonds, Adelphi University 
2/19 at 100.00 
A– 
275,243 
 
 
Project, Series 2009B, 5.250%, 2/01/39 
 
 
 
 
 
Hempstead Town Local Development Corporation, New York, Revenue Bonds, Adelphi University 
 
 
 
 
 
Project, Series 2013: 
 
 
 
1,005 
 
5.000%, 9/01/38 
9/23 at 100.00 
A– 
1,179,749 
265 
 
5.000%, 9/01/43 
9/23 at 100.00 
A– 
309,933 
4,445 
 
Hempstead Town Local Development Corporation, New York, Revenue Bonds, Molloy College Project, 
7/19 at 100.00 
BBB 
4,947,730 
 
 
Series 2009, 5.750%, 7/01/39 
 
 
 
5,000 
 
Madison County Capital Resource Corporation, New York, Revenue Bonds, Colgate University 
7/25 at 100.00 
AA 
6,087,600 
 
 
Project, Refunding Series 2015A, 5.000%, 7/01/40 
 
 
 
1,260 
 
Madison County Capital Resource Corporation, New York, Revenue Bonds, Colgate University 
7/20 at 100.00 
AA 
1,437,307 
 
 
Project, Series 2010A, 5.000%, 7/01/40 
 
 
 
890 
 
Monroe County Industrial Development Corporation, New York, Revenue Bonds, St. John Fisher 
6/21 at 100.00 
BBB+ 
1,062,900 
 
 
College, Series 2011, 6.000%, 6/01/30 
 
 
 
 
 
New Rochelle Corporation, New York, Local Development Revenue Bonds, Iona College Project, 
 
 
 
 
 
Series 2015A: 
 
 
 
75 
 
5.000%, 7/01/40 
7/25 at 100.00 
BBB 
88,902 
85 
 
5.000%, 7/01/45 
7/25 at 100.00 
BBB 
100,309 
 
 
New York City Industrial Development Agency, New York, PILOT Revenue Bonds, Queens Baseball 
 
 
 
 
 
Stadium Project, Series 2006: 
 
 
 
1,000 
 
5.000%, 1/01/31 – AMBAC Insured 
1/17 at 100.00 
Baa3 
1,016,650 
235 
 
5.000%, 1/01/36 – AMBAC Insured 
1/17 at 100.00 
Baa3 
239,148 
3,515 
 
5.000%, 1/01/39 – AMBAC Insured 
1/17 at 100.00 
Baa3 
3,574,439 
5,050 
 
4.750%, 1/01/42 – AMBAC Insured 
1/17 at 100.00 
Baa3 
5,125,498 
400 
 
5.000%, 1/01/46 – AMBAC Insured 
1/17 at 100.00 
Baa3 
406,444 
 
 
New York City Industrial Development Authority, New York, PILOT Revenue Bonds, Yankee Stadium 
 
 
 
 
 
Project, Series 2006: 
 
 
 
7,555 
 
4.500%, 3/01/39 – FGIC Insured 
9/16 at 100.00 
BBB 
7,599,423 
2,750 
 
4.750%, 3/01/46 – NPFG Insured 
9/16 at 100.00 
AA– 
2,769,003 
1,000 
 
New York City Trust for Cultural Resources, New York, Revenue Bonds, Whitney Museum of 
1/21 at 100.00 
A 
1,158,460 
 
 
American Art, Series 2011, 5.000%, 7/01/31 
 
 
 
1,500 
 
New York City Trust for Cultural Resources, New York, Revenue Bonds, Wildlife Conservation 
8/23 at 100.00 
AA– 
1,848,255 
 
 
Society, Series 2013A, 5.000%, 8/01/33 
 
 
 
1,515 
 
Onondaga Civic Development Corporation, New York, Revenue Bonds, Le Moyne College Project, 
7/25 at 100.00 
Baa2 
1,749,916 
 
 
Series 2015, 5.000%, 7/01/40 
 
 
 
 
 
St. Lawrence County Industrial Development Agency Civic Development Corporation, New York, 
 
 
 
 
 
Revenue Bonds, Clarkson University Project, Series 2012A: 
 
 
 
1,050 
 
5.250%, 9/01/33 
3/22 at 100.00 
A3 
1,246,256 
1,750 
 
5.000%, 9/01/41 
3/22 at 100.00 
A3 
2,025,958 
2,260 
 
Troy Capital Resource Corporation, New York, Revenue Bonds, Rensselaer Polytechnic Institute, 
9/20 at 100.00 
A– 
2,584,265 
 
 
Series 2010A, 5.125%, 9/01/40 
 
 
 
1,000 
 
Yonkers Industrial Development Agency, New York, Civic Facility Revenue Bonds, Sarah Lawrence 
6/19 at 100.00 
BBB 
1,125,260 
 
 
College Project, Series 2001A Remarketed, 6.000%, 6/01/41 
 
 
 
116,740 
 
Total Education and Civic Organizations 
 
 
133,084,321 
 
 
Financials – 3.2% (2.2% of Total Investments) 
 
 
 
4,725 
 
New York Liberty Development Corporation, Revenue Bonds, Goldman Sachs Headquarters Issue, 
No Opt. Call 
A 
6,379,317 
 
 
Series 2005, 5.250%, 10/01/35 
 
 
 
6,885 
 
New York Liberty Development Corporation, Revenue Bonds, Goldman Sachs Headquarters Issue, 
No Opt. Call 
A 
9,669,156 
 
 
Series 2007, 5.500%, 10/01/37 
 
 
 
11,610 
 
Total Financials 
 
 
16,048,473 
 
 
Health Care – 5.9% (4.1% of Total Investments) 
 
 
 
 
 
Dormitory Authority of the State of New York, Highland Hospital of Rochester Revenue Bonds, 
 
 
 
 
 
Series 2010: 
 
 
 
350 
 
5.000%, 7/01/26 
7/20 at 100.00 
A 
397,789 
350 
 
5.200%, 7/01/32 
7/20 at 100.00 
A 
397,065 
 
 
Dormitory Authority of the State of New York, Orange Regional Medical Center Obligated Group 
 
 
 
 
 
Revenue Bonds, Series 2008: 
 
 
 
4,665 
 
6.500%, 12/01/21 
12/18 at 100.00 
Ba1 
5,191,119 
2,420 
 
6.125%, 12/01/29 
12/18 at 100.00 
Ba1 
2,652,175 
4,800 
 
6.250%, 12/01/37 
12/18 at 100.00 
Ba1 
5,262,624 
1,000 
 
Dormitory Authority of the State of New York, Revenue Bonds, North Shore Long Island Jewish 
5/21 at 100.00 
A 
1,157,350 
 
 
Obligated Group, Series 2011A, 5.000%, 5/01/41 
 
 
 
3,700 
 
Dormitory Authority of the State of New York, Revenue Bonds, North Shore Long Island Jewish 
5/25 at 100.00 
A 
4,414,618 
 
 
Obligated Group, Series 2015A, 5.000%, 5/01/43 
 
 
 
500 
 
Dutchess County Local Development Corporation, New York, Revenue Bonds, Health Quest 
7/20 at 100.00 
A– 
581,200 
 
 
Systems Inc., Series 2010A, 5.750%, 7/01/30 
 
 
 
710 
 
Livingston County Industrial Development Agency, New York, Civic Facility Revenue Bonds, 
9/16 at 100.00 
BB 
713,330 
 
 
Nicholas H. Noyes Hospital, Series 2005, 6.000%, 7/01/30 
 
 
 
715 
 
Monroe County Industrial Development Corporation, New York, FHA Insured Mortgage Revenue 
2/21 at 100.00 
AA 
854,296 
 
 
Bonds, Unity Hospital of Rochester Project, Series 2010, 5.750%, 8/15/35 
 
 
 
2,730 
 
Suffolk County Economic Development Corporation, New York, Revenue Bonds, Catholic Health 
7/21 at 100.00 
BBB+ 
3,118,042 
 
 
Services of Long Island Obligated Group Project, Refunding Series 2011, 5.000%, 7/01/28 
 
 
 
1,610 
 
Yates County Industrial Development Agency, New York, FHA-Insured Civic Facility Mortgage 
8/16 at 100.00 
N/R 
1,630,189 
 
 
Revenue Bonds, Soldiers and Sailors Memorial Hospital, Series 1999A, 5.650%, 2/01/39 
 
 
 
2,265 
 
Yonkers Industrial Development Agency, New York, Revenue Bonds, St. John’s Riverside Hospital, 
7/16 at 100.00 
BB– 
2,270,549 
 
 
Series 2001A, 7.125%, 7/01/31 
 
 
 
650 
 
Yonkers Industrial Development Agency, New York, Revenue Bonds, St. John’s Riverside Hospital, 
9/16 at 100.00 
BB– 
651,593 
 
 
Series 2001B, 7.125%, 7/01/31 
 
 
 
26,465 
 
Total Health Care 
 
 
29,291,939 
 
 
Housing/Multifamily – 2.4% (1.7% of Total Investments) 
 
 
 
5 
 
New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds, 
8/16 at 100.00 
AA+ 
5,006 
 
 
Series 2002A, 5.500%, 11/01/34 (Alternative Minimum Tax) 
 
 
 
4,000 
 
New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds, 
5/19 at 100.00 
AA+ 
4,233,360 
 
 
Series 2009J, 4.800%, 5/01/36 
 
 
 
705 
 
New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds, 
5/20 at 100.00 
AA+ 
767,985 
 
 
Series 2010D-1A, 5.000%, 11/01/42 
 
 
 
2,000 
 
New York State Housing Finance Agency, Affordable Housing Revenue Bonds, Series 2007B, 
11/17 at 100.00 
Aa2 
2,055,340 
 
 
5.300%, 11/01/37 (Alternative Minimum Tax) 
 
 
 
600 
 
New York State Housing Finance Agency, Affordable Housing Revenue Bonds, Series 2009B, 
5/19 at 100.00 
Aa2 
633,258 
 
 
4.500%, 11/01/29 
 
 
 
2,000 
 
New York State Housing Finance Agency, Affordable Housing Revenue Bonds, Series 2010A, 
5/20 at 100.00 
Aa2 
2,140,840 
 
 
5.000%, 11/01/42 
 
 
 
1,385 
 
New York State Housing Finance Agency, Affordable Housing Revenue, Series 2007A, 5.250%, 
11/17 at 100.00 
Aa2 
1,420,595 
 
 
11/01/38 (Alternative Minimum Tax) 
 
 
 
685 
 
New York State Housing Finance Agency, Secured Mortgage Program Multifamily Housing Revenue 
8/16 at 100.00 
Aa1 
687,178 
 
 
Bonds, Series 1999I, 6.200%, 2/15/20 (Alternative Minimum Tax) 
 
 
 
11,380 
 
Total Housing/Multifamily 
 
 
11,943,562 
 
 
Housing/Single Family – 0.1% (0.1% of Total Investments) 
 
 
 
645 
 
Guam Housing Corporation, Mortgage-Backed Securities Program Single Family Mortgage Revenue 
No Opt. Call 
N/R 
704,785 
 
 
Bonds, Series 1998A, 5.750%, 9/01/31 (Alternative Minimum Tax) 
 
 
 
 
 
Industrials – 4.1% (2.8% of Total Investments) 
 
 
 
445 
 
Build New York City Resource Corporation, New York, Solid Waste Disposal Revenue Bonds, Pratt 
1/25 at 100.00 
N/R 
507,950 
 
 
Paper NY, Inc. Project, Series 2014, 5.000%, 1/01/35 (Alternative Minimum Tax) 
 
 
 
17,145 
 
New York Liberty Development Corporation, New York, Liberty Revenue Bonds, 3 World Trade 
11/24 at 100.00 
N/R 
19,915,284 
 
 
Center Project, Class 1 Series 2014, 5.000%, 11/15/44 
 
 
 
17,590 
 
Total Industrials 
 
 
20,423,234 
 
 
Long-Term Care – 2.2% (1.5% of Total Investments) 
 
 
 
2,095 
 
Dormitory Authority of the State of New York, GNMA Collateralized Revenue Bonds, Cabrini of 
2/17 at 103.00 
AA+ 
2,214,436 
 
 
Westchester Project, Series 2006, 5.200%, 2/15/41 
 
 
 
1,275 
 
Dormitory Authority of the State of New York, Non-State Supported Debt, Ozanam Hall of Queens 
11/16 at 100.00 
Baa2 
1,283,249 
 
 
Nursing Home Revenue Bonds, Series 2006, 5.000%, 11/01/31 
 
 
 
 
 
Dormitory Authority of the State of New York, Revenue Bonds, Providence Rest, Series 2005: 
 
 
 
100 
 
5.125%, 7/01/30 – ACA Insured 
9/16 at 100.00 
N/R 
100,051 
850 
 
5.000%, 7/01/35 – ACA Insured 
9/16 at 100.00 
N/R 
850,366 
3,240 
 
East Rochester Housing Authority, New York, Senior Living Revenue Bonds, Woodland Village 
8/16 at 101.00 
N/R 
3,275,834 
 
 
Project, Series 2006, 5.500%, 8/01/33 
 
 
 
685 
 
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Special 
No Opt. Call 
N/R 
685,041 
 
 
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: 
 
 
 
760 
 
5.500%, 7/01/18 
7/16 at 101.00 
N/R 
763,838 
1,155 
 
5.800%, 7/01/23 
7/16 at 101.00 
N/R 
1,162,588 
 
 
Suffolk County Industrial Development Agency, New York, Civic Facility Revenue Bonds, Special 
 
 
 
 
 
Needs Facilities Pooled Program, Series 2008-B1: 
 
 
 
160 
 
5.500%, 7/01/18 
7/16 at 100.00 
N/R 
132,755 
340 
 
5.800%, 7/01/23 
7/16 at 101.00 
N/R 
261,644 
170 
 
Yonkers Industrial Development Agency, New York, Civic Facilities Revenue Bonds, Special Needs 
7/16 at 101.00 
N/R 
171,117 
 
 
Facilities Pooled Program Bonds, Series 2008-C1, 5.800%, 7/01/23 
 
 
 
10,830 
 
Total Long-Term Care 
 
 
10,900,919 
 
 
Tax Obligation/General – 12.4% (8.7% of Total Investments) 
 
 
 
500 
 
Nassau County, New York, General Obligation Bonds, General Improvement Series, Refunding 
1/26 at 100.00 
A+ 
609,400 
 
 
2016A, 5.000%, 1/01/38 
 
 
 
3,630 
 
Nassau County, New York, General Obligation Bonds, General Improvement Series 2016C, 
No Opt. Call 
A+ 
4,636,926 
 
 
5.000%, 4/01/26 
 
 
 
 
 
New York City, New York, General Obligation Bonds, Fiscal 2007, Series 2008D-1: 
 
 
 
11,130 
 
5.125%, 12/01/25 (UB) 
12/17 at 100.00 
AA 
11,846,772 
10,000 
 
5.125%, 12/01/26 (UB) 
12/17 at 100.00 
AA 
10,639,500 
400 
 
New York City, New York, General Obligation Bonds, Fiscal 2009 Series E, 5.000%, 8/01/28 
8/19 at 100.00 
AA 
448,880 
1,000 
 
New York City, New York, General Obligation Bonds, Fiscal 2012 Series B, 5.000%, 8/01/30 
No Opt. Call 
AA 
1,206,290 
980 
 
New York City, New York, General Obligation Bonds, Fiscal 2012 Series I, 5.000%, 8/01/32 
8/22 at 100.00 
AA 
1,175,843 
5,000 
 
New York City, New York, General Obligation Bonds, Fiscal 2014 Series A-1, 5.000%, 8/01/26 
8/23 at 100.00 
AA 
6,259,050 
8,365 
 
New York City, New York, General Obligation Bonds, Fiscal 2015 Series B, 5.000%, 8/01/30 
8/24 at 100.00 
AA 
10,477,999 
5 
 
New York City, New York, General Obligation Bonds, Fiscal Series 2004C, 5.250%, 8/15/16 
No Opt. Call 
AA 
5,021 
3,775 
 
New York City, New York, General Obligation Bonds, Subseries G-1 Fiscal Series 2012, 
No Opt. Call 
AA 
4,523,016 
 
 
5.000%, 4/01/28 
 
 
 
 
 
New York City, New York, General Obligation Bonds, Tender Option Bond Trust 2016-XG0082: 
 
 
 
3,125 
 
16.863%, 3/01/21 (IF) (4) 
No Opt. Call 
AA 
5,882,625 
1,525 
 
16.863%, 3/01/21 (IF) (4) 
No Opt. Call 
AA 
2,870,721 
 
 
Rochester, New York, General Obligation Bonds, Series 1999: 
 
 
 
720 
 
5.250%, 10/01/18 – NPFG Insured 
No Opt. Call 
AA– 
793,339 
720 
 
5.250%, 10/01/19 – NPFG Insured 
No Opt. Call 
AA– 
822,658 
50,875 
 
Total Tax Obligation/General 
 
 
62,198,040 
 
 
Tax Obligation/Limited – 27.2% (18.9% of Total Investments) 
 
 
 
590 
 
Dormitory Authority of the State of New York, Department of Health Revenue Bonds, Series 
9/16 at 100.00 
AA 
592,449 
 
 
2005A, 5.250%, 7/01/24 – CIFG Insured 
 
 
 
1,285 
 
Dormitory Authority of the State of New York, Revenue Bonds, State University Educational 
No Opt. Call 
AA 
1,343,827 
 
 
Facilities, Series 1993A, 5.875%, 5/15/17 – FGIC Insured 
 
 
 
980 
 
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, General 
3/21 at 100.00 
AAA 
1,148,491 
 
 
Purpose Series 2011C, 5.000%, 3/15/41 
 
 
 
1,000 
 
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, General 
No Opt. Call 
AAA 
1,210,330 
 
 
Purpose Series 2012D, 5.000%, 2/15/33 
 
 
 
5,000 
 
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, General 
2/23 at 100.00 
AAA 
6,008,750 
 
 
Purpose Series 2013A, 5.000%, 2/15/43 
 
 
 
2,080 
 
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, General 
3/24 at 100.00 
AAA 
2,528,614 
 
 
Purpose Series 2014C, Group C, 5.000%, 3/15/44 
 
 
 
1,000 
 
Dormitory Authority of the State of New York, State Sales Tax Revenue Bonds, Series 2013A, 
3/23 at 100.00 
AAA 
1,187,430 
 
 
5.000%, 3/15/43 
 
 
 
 
 
Dormitory Authority of the State of New York, State Sales Tax Revenue Bonds, Series 2015B. 
 
 
 
 
 
Group A,B&C: 
 
 
 
1,500 
 
5.000%, 3/15/32 
9/25 at 100.00 
AAA 
1,911,435 
1,000 
 
5.000%, 3/15/35 
9/25 at 100.00 
AAA 
1,259,760 
2,500 
 
Government of Guam, Business Privilege Tax Bonds, Refunding Series 2015D, 5.000%, 11/15/29 
No Opt. Call 
A 
3,058,300 
 
 
Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Senior Fiscal 2012 
 
 
 
 
 
Series 2011A: 
 
 
 
6,700 
 
5.750%, 2/15/47 
2/21 at 100.00 
A 
7,942,515 
2,000 
 
5.250%, 2/15/47 
2/21 at 100.00 
A 
2,307,140 
5,500 
 
Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Series 2006A, 5.000%, 2/15/47 
2/17 at 100.00 
A 
5,639,755 
 
 
Metropolitan Transportation Authority, New York, Dedicated Tax Fund Bonds, Refunding 
 
 
 
 
 
Series 2012A: 
 
 
 
1,815 
 
5.000%, 11/15/27 
No Opt. Call 
AA 
2,218,965 
2,250 
 
5.000%, 11/15/29 
11/22 at 100.00 
AA 
2,744,820 
2,175 
 
Metropolitan Transportation Authority, New York, State Service Contract Refunding Bonds, 
No Opt. Call 
AA 
2,396,741 
 
 
Series 2002A, 5.750%, 7/01/18 
 
 
 
3,370 
 
Monroe Newpower Corporation, New York, Power Facilities Revenue Bonds, Series 2003, 
1/17 at 100.00 
A– 
3,399,083 
 
 
5.500%, 1/01/34 
 
 
 
6,500 
 
New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds, Fiscal 
1/17 at 100.00 
AA 
6,656,455 
 
 
Series 2007S-2, 5.000%, 1/15/28 – FGIC Insured 
 
 
 
1,870 
 
New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds, Fiscal 
No Opt. Call 
AA 
2,271,975 
 
 
Series 2013S-1, 5.000%, 7/15/31 
 
 
 
405 
 
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal 
5/17 at 100.00 
AAA 
419,317 
 
 
Series 2007B, 5.000%, 11/01/30 
 
 
 
 
 
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Subordinate 
 
 
 
 
 
Fiscal 2012 Series E-1: 
 
 
 
3,775 
 
5.000%, 2/01/37 
2/22 at 100.00 
AAA 
4,498,252 
3,950 
 
5.000%, 2/01/42 
2/22 at 100.00 
AAA 
4,681,106 
3,090 
 
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Subordinate 
No Opt. Call 
AAA 
3,802,060 
 
 
Fiscal 2013 Series F-1, 5.000%, 2/01/29 
 
 
 
7,860 
 
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Subordinate 
5/23 at 100.00 
AAA 
9,504,548 
 
 
Fiscal 2013 Series I, 5.000%, 5/01/38 
 
 
 
4,170 
 
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Subordinate 
2/24 at 100.00 
AAA 
5,115,506 
 
 
Fiscal 2014 Series D-1, 5.000%, 2/01/35 
 
 
 
5,000 
 
New York City Transitional Finance Authority, New York, Future Tax Secured Revenue Bonds, 
11/20 at 100.00 
AAA 
5,978,550 
 
 
Subordinate Lien Series 2011C, 5.500%, 11/01/35 
 
 
 
2,000 
 
New York City Transitional Finance Authority, New York, Future Tax Secured Revenue Bonds, 
2/21 at 100.00 
AAA 
2,337,700 
 
 
Subordinate Series 2011-D1, 5.000%, 2/01/35 
 
 
 
2,400 
 
New York City Transitional Finance Authority, New York, Future Tax Secured Revenue Bonds, 
5/19 at 100.00 
AAA 
3,208,584 
 
 
Tender Option Bond Trust 2015-XF0080, 12.697%, 5/01/32 (IF) 
 
 
 
6,000 
 
New York City, New York, Educational Construction Fund, Revenue Bonds, Series 2011A, 
4/21 at 100.00 
AA– 
7,231,980 
 
 
5.750%, 4/01/41 
 
 
 
 
 
New York State Environmental Facilities Corporation, State Personal Income Tax Revenue Bonds, 
 
 
 
 
 
Series 2008-A: 
 
 
 
2,920 
 
5.000%, 12/15/26 (UB) 
12/17 at 100.00 
AAA 
3,109,566 
7,020 
 
5.000%, 12/15/27 (UB) 
12/17 at 100.00 
AAA 
7,475,738 
11,300 
 
New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Series 2008, 5.500%, 
No Opt. Call 
AA 
13,270,946 
 
 
4/01/20 – AMBAC Insured (UB) (4) 
 
 
 
2,110 
 
New York State Thruway Authority, State Personal Income Tax Revenue Bonds, Series 2010A, 
9/20 at 100.00 
AAA 
2,462,623 
 
 
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 
1,456,137 
 
 
Option Bond Trust 09-6W, 12.469%, 3/15/37 (IF) (4) 
 
 
 
 
 
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Series 2007A: 
 
 
 
16,000 
 
0.000%, 8/01/43 – NPFG Insured 
No Opt. Call 
AA– 
3,205,120 
12,500 
 
0.000%, 8/01/45 – NPFG Insured 
No Opt. Call 
AA– 
2,279,000 
140,945 
 
Total Tax Obligation/Limited 
 
 
135,863,568 
 
 
Transportation – 21.1% (14.7% of Total Investments) 
 
 
 
5,060 
 
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Refunding Green 
11/26 at 100.00 
AA– 
5,684,809 
 
 
Series 2016B, 4.000%, 11/15/36 
 
 
 
7,500 
 
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Refunding 
11/25 at 100.00 
AA– 
9,436,500 
 
 
Series 2015D-1, 5.000%, 11/15/30 
 
 
 
 
 
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2010D: 
 
 
 
4,000 
 
5.000%, 11/15/34 
11/20 at 100.00 
AA– 
4,665,680 
1,560 
 
5.250%, 11/15/40 
11/20 at 100.00 
AA– 
1,818,055 
6,640 
 
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2012E, 
No Opt. Call 
AA– 
7,985,131 
 
 
5.000%, 11/15/42 
 
 
 
2,000 
 
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2013E, 
11/23 at 100.00 
AA– 
2,469,660 
 
 
5.000%, 11/15/31 
 
 
 
5,425 
 
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2015A-1, 
5/25 at 100.00 
AA– 
6,589,802 
 
 
5.000%, 11/15/45 
 
 
 
 
 
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 
67,996 
5,500 
 
5.875%, 10/01/46 (6) 
10/17 at 102.00 
N/R 
1,869,890 
2,850 
 
New York Liberty Development Corporation, New York, Liberty Revenue Bonds, 4 World Trade 
11/21 at 100.00 
A+ 
3,353,538 
 
 
Center Project, Series 2011, 5.000%, 11/15/44 
 
 
 
 
 
New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, 
 
 
 
 
 
American Airlines, Inc. John F Kennedy International Airport Project, Refunding Series 2016: 
 
 
 
1,855 
 
5.000%, 8/01/26 (Alternative Minimum Tax) 
8/21 at 100.00 
BB 
2,056,453 
1,010 
 
5.000%, 8/01/31 (Alternative Minimum Tax) 
8/21 at 100.00 
BB 
1,107,101 
7,910 
 
New York Transportation Development Corporation, Special Facilities Bonds, LaGuardia Airport 
7/24 at 100.00 
BBB 
9,149,893 
 
 
Terminal B Redevelopment Project, Series 2016A, 5.000%, 7/01/46 (Alternative Minimum Tax) 
 
 
 
 
 
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred 
 
 
 
 
 
Eighty-Forth Series 2014: 
 
 
 
6,000 
 
5.000%, 9/01/33 
9/24 at 100.00 
AA– 
7,467,900 
4,000 
 
5.000%, 9/01/34 
9/24 at 100.00 
AA– 
4,954,600 
8,780 
 
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred 
5/25 at 100.00 
AA– 
10,728,370 
 
 
Eighty-Ninth Series 2015, 5.000%, 5/01/45 
 
 
 
1,520 
 
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Forty 
No Opt. Call 
AA 
1,819,075 
 
 
Eighth Series 2008, Tender Option Bond Trust 2015-XF2178, 16.592%, 3/16/17 – AGM Insured (IF) 
 
 
 
5,000 
 
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Sixty Sixth 
1/21 at 100.00 
AA– 
5,832,050 
 
 
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: 
 
 
 
1,020 
 
6.500%, 12/01/28 
9/16 at 100.00 
Baa1 
1,028,731 
5,000 
 
6.000%, 12/01/36 
12/20 at 100.00 
Baa1 
5,927,950 
5,000 
 
Triborough Bridge and Tunnel Authority, New York, General Purpose Revenue Bonds, Refunding 
5/26 at 100.00 
AA– 
6,281,900 
 
 
Series 2016A, 5.000%, 11/15/41 
 
 
 
780 
 
Triborough Bridge and Tunnel Authority, New York, General Purpose Revenue Bonds, Refunding 
No Opt. Call 
AA– 
936,741 
 
 
Subordinate Lien Series 2002E, 5.500%, 11/15/20 – NPFG Insured 
 
 
 
3,500 
 
Triborough Bridge and Tunnel Authority, New York, Subordinate Lien General Purpose Revenue 
11/18 at 100.00 
AA– 
4,189,570 
 
 
Refunding Bonds, Tender Option Bond Trust 2016-XG0004, 8.821%, 11/15/33 (IF) (4) 
 
 
 
92,110 
 
Total Transportation 
 
 
105,421,395 
 
 
U.S. Guaranteed – 10.2% (7.1% of Total Investments) (7) 
 
 
 
400 
 
Canton Capital Resource Corporation, New York, Student Housing Facility Revenue Bonds, Grasse 
5/20 at 100.00 
AA (7) 
463,588 
 
 
River LLC at SUNY Canton Project Series 2010A, 5.000%, 5/01/40 (Pre-refunded 5/01/20) 
 
 
 
5,000 
 
Dormitory Authority of the State of New York, Revenue Bonds, New York University, Series 2007, 
7/17 at 100.00 
AA– (7) 
5,218,850 
 
 
5.000%, 7/01/32 (Pre-refunded 7/01/17) – AMBAC Insured 
 
 
 
2,800 
 
Dormitory Authority of the State of New York, Revenue Bonds, North Shore Long Island Jewish 
11/16 at 100.00 
A (7) 
2,841,944 
 
 
Obligated Group, Series 2005A, 5.000%, 11/01/34 (Pre-refunded 11/01/16) 
 
 
 
1,000 
 
Dormitory Authority of the State of New York, Revenue Bonds, NYU Hospitals Center, Refunding 
7/17 at 100.00 
N/R (7) 
1,043,870 
 
 
Series 2007A, 5.000%, 7/01/36 (Pre-refunded 7/01/17) 
 
 
 
3,500 
 
Dormitory Authority of the State of New York, Revenue Bonds, NYU Hospitals Center, Series 
7/17 at 100.00 
N/R (7) 
3,675,385 
 
 
2007B, 5.625%, 7/01/37 (Pre-refunded 7/01/17) 
 
 
 
5,500 
 
Dormitory Authority of the State of New York, Revenue Bonds, NYU Hospitals Center, Series 
7/20 at 100.00 
A– (7) 
6,630,470 
 
 
2011A, 6.000%, 7/01/40 (Pre-refunded 7/01/20) 
 
 
 
2,595 
 
Erie County Industrial Development Agency, New York, Revenue Bonds, Orchard Park CCRC Inc. 
11/16 at 100.00 
N/R (7) 
2,648,353 
 
 
Project, Series 2006A, 6.000%, 11/15/36 (Pre-refunded 11/15/16) 
 
 
 
 
 
Madison County Industrial Development Agency, New York, Civic Facility Revenue Bonds, Oneida 
 
 
 
 
 
Health System, Series 2007A: 
 
 
 
1,395 
 
5.250%, 2/01/27 (Pre-refunded 2/01/17) 
2/17 at 100.00 
Aaa 
1,433,586 
1,235 
 
5.500%, 2/01/32 (Pre-refunded 2/01/17) 
2/17 at 100.00 
Aaa 
1,270,963 
3,000 
 
New York City Industrial Development Agency, New York, American Airlines-JFK International 
8/16 at 101.00 
N/R (7) 
3,041,550 
 
 
Airport Special Facility Revenue Bonds, Series 2005, 7.750%, 8/01/31 (Pre-refunded 8/01/16) 
 
 
 
 
 
(Alternative Minimum Tax) 
 
 
 
795 
 
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal 
5/17 at 100.00 
N/R (7) 
824,113 
 
 
Series 2007B, 5.000%, 11/01/30 (Pre-refunded 5/01/17) 
 
 
 
 
 
New York City, New York, General Obligation Bonds, Fiscal 2007, Series 2006A: 
 
 
 
35 
 
5.000%, 8/01/25 (Pre-refunded 8/01/16) 
8/16 at 100.00 
N/R (7) 
35,135 
3,665 
 
5.000%, 8/01/25 (Pre-refunded 8/01/16) 
8/16 at 100.00 
AA (7) 
3,679,184 
5,550 
 
New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Series 2007, 5.000%, 
10/17 at 100.00 
AA+ (7) 
5,852,087 
 
 
4/01/27 (Pre-refunded 10/01/17) 
 
 
 
835 
 
Seneca County Industrial Development Authority, New York, Revenue Bonds, New York Chiropractic 
10/17 at 100.00 
BBB+ (7) 
880,942 
 
 
College, Series 2007, 5.000%, 10/01/27 (Pre-refunded 10/01/17) 
 
 
 
470 
 
Suffolk County Economic Development Corporation, New York, Revenue Bonds, Catholic Health 
7/21 at 100.00 
N/R (7) 
562,402 
 
 
Services of Long Island Obligated Group Project, Refunding Series 2011, 5.000%, 7/01/28 
 
 
 
 
 
(Pre-refunded 7/01/21) 
 
 
 
1,600 
 
Triborough Bridge and Tunnel Authority, New York, General Purpose Revenue Bonds, Series 1993B, 
No Opt. Call 
AA+ (7) 
1,767,664 
 
 
5.000%, 1/01/20 (ETM) 
 
 
 
7,500 
 
Triborough Bridge and Tunnel Authority, New York, General Purpose Revenue Bonds, Series 1999B, 
1/22 at 100.00 
AA+ (7) 
9,323,100 
 
 
5.500%, 1/01/30 (Pre-refunded 1/01/22) 
 
 
 
46,875 
 
Total U.S. Guaranteed 
 
 
51,193,186 
 
 
Utilities – 11.6% (8.1% of Total Investments) 
 
 
 
3,500 
 
Chautauqua County Industrial Development Agency, New York, Exempt Facility Revenue Bonds, 
2/20 at 100.00 
Baa3 
3,807,405 
 
 
NRG Dunkirk Power Project, Series 2009, 5.875%, 4/01/42 
 
 
 
370 
 
Guam Power Authority, Revenue Bonds, Series 2012A, 5.000%, 10/01/34 
10/22 at 100.00 
BBB 
418,193 
 
 
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2006A: 
 
 
 
435 
 
5.000%, 12/01/23 – FGIC Insured 
9/16 at 100.00 
AA– 
436,701 
450 
 
5.000%, 12/01/24 – FGIC Insured 
9/16 at 100.00 
AA– 
451,751 
1,460 
 
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2014A, 
9/24 at 100.00 
A– 
1,749,620 
 
 
5.000%, 9/01/44 
 
 
 
 
 
Long Island Power Authority, New York, Electric System Revenue Bonds, Series 2011A: 
 
 
 
1,000 
 
5.000%, 5/01/36 – AGM Insured 
5/21 at 100.00 
AA 
1,154,250 
8,265 
 
5.000%, 5/01/38 
5/21 at 100.00 
A– 
9,406,397 
1,250 
 
Long Island Power Authority, New York, Electric System Revenue Bonds, Series 2012A, 
No Opt. Call 
A– 
1,488,175 
 
 
5.000%, 9/01/37 
 
 
 
11,760 
 
Niagara Area Development Corporation, New York, Solid Waste Disposal Facility Revenue 
No Opt. Call 
BB+ 
12,056,821 
 
 
Refunding Bonds, Covanta Energy Project, Series 2012A, 5.250%, 11/01/42 (Alternative 
 
 
 
 
 
Minimum Tax) 
 
 
 
3,700 
 
Suffolk County Industrial Development Agency, New York, Revenue Bonds, Nissequogue 
7/16 at 100.00 
N/R 
3,702,257 
 
 
Cogeneration Partners Facility, Series 1998, 5.500%, 1/01/23 (Alternative Minimum Tax) 
 
 
 
5,785 
 
Utility Debt Securitization Authority, New York, Restructuring Bonds, Refunding Series 2015, 
12/25 at 100.00 
AAA 
7,411,511 
 
 
5.000%, 12/15/32 
 
 
 
 
 
Utility Debt Securitization Authority, New York, Restructuring Bonds, Series 2013TE: 
 
 
 
3,800 
 
5.000%, 12/15/33 
12/23 at 100.00 
AAA 
4,707,934 
1,060 
 
5.000%, 12/15/34 
12/23 at 100.00 
AAA 
1,309,068 
8,030 
 
5.000%, 12/15/41 
12/23 at 100.00 
AAA 
9,878,827 
50,865 
 
Total Utilities 
 
 
57,978,910 
 
 
Water and Sewer – 7.6% (5.3% of Total Investments) 
 
 
 
4,000 
 
Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, 
7/20 at 100.00 
A– 
4,538,600 
 
 
Series 2010, 5.625%, 7/01/40 
 
 
 
4,140 
 
New York City Municipal Water Finance Authority, New York, Water and Sewer System Revenue 
12/21 at 100.00 
AA+ 
4,906,728 
 
 
Bonds, Second Generation Resolution, Fiscal 2012 Series BB, 5.000%, 6/15/44 
 
 
 
5,000 
 
New York City Municipal Water Finance Authority, New York, Water and Sewer System Second 
6/24 at 100.00 
AA+ 
6,202,300 
 
 
General Resolution Revenue Bonds, Fiscal Series 2014DD, 5.000%, 6/15/35 
 
 
 
3,840 
 
New York State Environmental Facilities Corporation, Revenue Bonds, State Revolving Funds 
4/20 at 100.00 
AAA 
4,378,099 
 
 
Master Financing, Series 2010C, 5.000%, 10/15/35 
 
 
 
9,750 
 
New York State Environmental Facilities Corporation, State Clean Water and Drinking Water 
6/21 at 100.00 
AAA 
11,526,839 
 
 
Revolving Funds Revenue Bonds, New York City Municipal Water Finance Authority Projects, 
 
 
 
 
 
Second Resolution Series 2011B, 5.000%, 6/15/41 
 
 
 
1,000 
 
New York State Environmental Facilities Corporation, State Clean Water and Drinking Water 
6/25 at 100.00 
AAA 
1,248,640 
 
 
Revolving Funds Revenue Bonds, New York City Municipal Water Finance Authority Projects, 
 
 
 
 
 
Second Resolution Subordinated SRF Series 2015A, 5.000%, 6/15/40 
 
 
 
4,000 
 
New York State Environmental Facilities Corporation, State Clean Water and Drinking Water 
6/26 at 100.00 
AAA 
5,183,280 
 
 
Revolving Funds Revenue Bonds, New York City Municipal Water Finance Authority Projects, 
 
 
 
 
 
Second Resolution Subordinated SRF Series 2016A, 5.000%, 6/15/32 
 
 
 
31,730 
 
Total Water and Sewer 
 
 
37,984,486 
$ 650,545 
 
Total Municipal Bonds (cost $647,075,191) 
 
 
715,050,820 
 
Shares 
 
Description (1) 
 
 
Value 
 
 
COMMON STOCKS – 0.5% (0.3% of Total Investments) 
 
 
 
           
 
 
Airlines – 0.5% (0.3% of Total Investments) 
 
 
 
78,264 
 
American Airlines Group Inc., (8) 
 
 
$ 2,215,654 
 
 
Total Common Stocks (cost $2,431,776) 
 
 
2,215,654 
 
 
Total Long-Term Investments (cost $649,506,967) 
 
 
717,266,474 
 
 
Floating Rate Obligations – (5.9)% 
 
 
(29,570,000) 
 
 
Variable Rate MuniFund Term Preferred Shares, at Liquidation Preference – (18.8)% (9) 
 
 
(94,000,000) 
 
 
Variable Rate Demand Preferred Shares, at Liquidation Preference – (17.8)% (10) 
 
 
(89,000,000) 
 
 
Other Assets Less Liabilities – (1.0)% 
 
 
(4,707,107) 
 
 
Net Assets Applicable to Common Shares – 100% 
 
 
$ 499,989,367 
 

Fair Value Measurements
Fair value is defined as the price that would be received 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 risk 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 
$           — 
$715,050,820 
$ — 
$715,050,820 
Common Stocks 
2,215,654 
 
 
2,215,654 
Total 
$2,215,654 
$715,050,820 
$ — 
$717,266,474 
 
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, 2016, the cost of investments was $619,246,009.
Gross unrealized appreciation and gross unrealized depreciation of investments as of June 30, 2016, were as follows:
   
Gross unrealized: 
 
Appreciation 
$71,532,369 
Depreciation 
(3,081,902) 
Net unrealized appreciation (depreciation) of investments 
$68,450,467 
 
(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) 
 
For Financial reporting purposes, the ratings disclosed are 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. Such investments are normally considered to be 
 
 
equivalent to AAA rated securities. 
(8) 
 
On November 28, 2011, AMR Corp. (“AMR”), the parent company of American Airlines Group, Inc. (“AAL”) 
 
 
filed for federal bankruptcy protection. On December 9, 2013, AMR emerged from federal bankruptcy with 
 
 
the acceptance of its reorganization plan by the bankruptcy court. Under the settlement agreement established 
 
 
to meet AMR’s unsecured bond obligations, the bondholders, including the Fund, received a distribution of AAL 
 
 
preferred stock which was converted to AAL common stock over a 120– day period. Every 30 days, a quarter 
 
 
of the preferred stock was converted to AAL common stock based on the 5-day volume-weighted average 
 
 
price and the amount of preferredshares tendered during the optional preferred conversion period. 
(9) 
 
Variable Rate MuniFund Term Preferred Shares, at Liquidation Preference as a percentage of Total 
 
 
Investments is 13.1%. 
(10) 
 
Variable Rate Demand Preferred Shares, at Liquidation Preference, as a percentage of Total Investments is 12.4%. 
(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:         August 29, 2016        
 
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, 2016        
 
By (Signature and Title) /s/ Stephen D. Foy                         
 
     Stephen D. Foy
     Vice President and Controller (principal financial officer)
                                                                                         
Date:         August 29, 2016