Investment Company Act file number 811-09135
Nuveen New York Dividend Advantage Municipal Fund
(Exact name of registrant as specified in charter)
333 West Wacker Drive, Chicago, Illinois 60606
(Address of principal executive offices) (Zip code)
Jessica R. DroegerVice 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: 12/31/05
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, 2005 |
Principal | Optional Call | |||||
Amount (000) | Description(1) | Provisions(2) | Ratings(3) | Value | ||
| ||||||
Consumer Discretionary - 0.3% (0.2% of Total Investments) | ||||||
$ | 500 | New York City Industrial Development Agency, New York, Liberty Revenue Bonds, IAC/InterActiveCorp, | 9/15 at 100.00 | BBB- | $ | 495,535 |
Series 2005, 5.000%, 9/01/35 | ||||||
| ||||||
Consumer Staples - 3.0% (2.1% of Total Investments) | ||||||
165 | New York Counties Tobacco Trust I, Tobacco Settlement Pass-Through Bonds, Series 2000B, 5.800%, 6/01/23 | 6/10 at 101.00 | BBB | 169,264 | ||
485 | New York Counties Tobacco Trust II, Tobacco Settlement Pass-Through Bonds, Series 2001, 5.250%, 6/01/25 | 6/11 at 101.00 | BBB | 490,641 | ||
910 | Puerto Rico, The Children's Trust Fund, Tobacco Settlement Asset-Backed Refunding Bonds, Series 2002, | 5/12 at 100.00 | BBB | 927,135 | ||
5.375%, 5/15/33 | ||||||
400 | Rensselaer Tobacco Asset Securitization Corporation, New York, Tobacco Settlement Asset-Backed Bonds, | 6/12 at 100.00 | BBB | 403,564 | ||
Series 2001A, 5.200%, 6/01/25 | ||||||
2,250 | TSASC Inc., New York, Tobacco Flexible Amortization Bonds, Series 1999-1, 6.250%, 7/15/27 | 7/09 at 101.00 | BBB | 2,363,198 | ||
| ||||||
4,210 | Total Consumer Staples | 4,353,802 | ||||
| ||||||
Education and Civic Organizations - 16.8% (11.5% of Total Investments) | ||||||
1,000 | Dormitory Authority of the State of New York, Lease Revenue Bonds, State University Dormitory Facilities, | 7/32 at 100.00 | AAA | 1,084,720 | ||
Series 2003B, 5.250%, 7/01/32 (Mandatory put 7/01/13) - XLCA Insured | ||||||
845 | Dormitory Authority of the State of New York, Revenue Bonds, City University of New York, Series 2005A, | No Opt. Call | AAA | 966,511 | ||
5.500%, 7/01/18 - FGIC Insured | ||||||
500 | Dormitory Authority of the State of New York, Revenue Bonds, Fashion Institute of Technology, Series 2000, | 7/10 at 101.00 | AAA | 537,175 | ||
5.375%, 7/01/20 - FSA Insured | ||||||
1,250 | Dormitory Authority of the State of New York, Revenue Bonds, Marymount Manhattan College, Series 1999, | 7/09 at 101.00 | AA | 1,357,300 | ||
6.250%, 7/01/29 - RAAI Insured | ||||||
Dormitory Authority of the State of New York, Revenue Bonds, Pratt Institute, Series 1999: | ||||||
1,750 | 6.000%, 7/01/20 - RAAI Insured | 7/09 at 102.00 | AA | 1,905,523 | ||
750 | 6.000%, 7/01/28 - RAAI Insured | 7/09 at 102.00 | AA | 816,143 | ||
3,000 | Dormitory Authority of the State of New York, Revenue Bonds, University of Rochester, Series 1999A, | 7/09 at 101.00 | A+ | 3,193,620 | ||
5.500%, 7/01/16 | ||||||
370 | Hempstead Town Industrial Development Agency, New York, Revenue Bonds, Adelphi University, Civic Facility | 10/15 at 100.00 | A- | 381,648 | ||
Project, Series 2005, 5.000%, 10/01/35 | ||||||
Kenmore Housing Authority, New York, Revenue Bonds, State University of New York at Buffalo Student | ||||||
Apartment Project, Series 1999A: | ||||||
3,050 | 5.500%, 8/01/19 - RAAI Insured | 8/09 at 102.00 | AA | 3,234,739 | ||
2,750 | 5.500%, 8/01/24 - RAAI Insured | 8/09 at 102.00 | AA | 2,913,735 | ||
3,070 | Monroe County Industrial Development Agency, New York, Civic Facility Revenue Bonds, St. John Fisher | 6/09 at 102.00 | AA | 3,232,403 | ||
College, Series 1999, 5.375%, 6/01/24 - RAAI Insured | ||||||
330 | New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, St. Francis College, | 10/14 at 100.00 | A- | 338,085 | ||
Series 2004, 5.000%, 10/01/34 | ||||||
1,800 | New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, YMCA of Greater | 2/11 at 100.00 | A- | 1,867,734 | ||
New York, Series 2002, 5.250%, 8/01/21 | ||||||
500 | New York City Trust for Cultural Resources, New York, Revenue Bonds, Museum of American Folk Art, Series | 7/10 at 101.00 | A | 540,295 | ||
2000, 6.000%, 7/01/22 - ACA Insured | ||||||
1,500 | Niagara County Industrial Development Agency, New York, Civic Facility Revenue Bonds, Niagara University, | 11/11 at 101.00 | AA | 1,618,485 | ||
Series 2001A, 5.350%, 11/01/23 - RAAI Insured | ||||||
| ||||||
22,465 | Total Education and Civic Organizations | 23,988,116 | ||||
| ||||||
Health Care - 35.2% (24.0% of Total Investments) | ||||||
Albany Industrial Development Agency, New York, Revenue Bonds, Albany Medical Center, Series 1999: | ||||||
1,120 | 6.000%, 5/01/19 | 5/09 at 101.00 | N/R | 1,150,576 | ||
1,460 | 6.000%, 5/01/29 | 5/09 at 101.00 | N/R | 1,492,354 | ||
2,480 | Dormitory Authority of the State of New York, FHA-Insured Mortgage Hospital Revenue Bonds, Memorial | 2/09 at 101.00 | AAA | 2,620,269 | ||
Hospital of William F. and Gertrude F. Jones Inc., Series 1999, 5.250%, 8/01/19 - MBIA Insured | ||||||
4,825 | Dormitory Authority of the State of New York, FHA-Insured Mortgage Hospital Revenue Bonds, Montefiore | 8/09 at 101.00 | AAA | 5,136,549 | ||
Medical Center, Series 1999, 5.450%, 8/01/29 - AMBAC Insured | ||||||
Dormitory Authority of the State of New York, FHA-Insured Mortgage Hospital Revenue Bonds, Victory | ||||||
Memorial Hospital, Series 1999: | ||||||
2,165 | 5.250%, 8/01/15 - MBIA Insured | 8/09 at 101.00 | AAA | 2,273,510 | ||
2,000 | 5.375%, 8/01/25 - MBIA Insured | 8/09 at 101.00 | AAA | 2,129,000 | ||
625 | Dormitory Authority of the State of New York, FHA-Insured Mortgage Revenue Bonds, Montefiore Hospital, | 2/15 at 100.00 | AAA | 654,481 | ||
Series 2004, 5.000%, 8/01/29 - FGIC Insured | ||||||
2,000 | Dormitory Authority of the State of New York, FHA-Insured Nursing Home Mortgage Revenue Bonds, Gurwin | 2/15 at 100.00 | AA | 2,029,440 | ||
Jewish Geriatric Center of Long Island, Series 2005A, 4.900%, 2/15/41 | ||||||
2,600 | Dormitory Authority of the State of New York, FHA-Insured Revenue Bonds, Saint Lukes Roosevelt Hospital, | 8/15 at 100.00 | AA | 2,662,218 | ||
Series 2005, 4.900%, 8/15/31 | ||||||
Dormitory Authority of the State of New York, Insured Revenue Bonds, Franciscan Health Partnership | ||||||
Obligated Group - Frances Shervier Home and Hospital, Series 1997: | ||||||
2,000 | 5.500%, 7/01/17 - RAAI Insured | 7/07 at 102.00 | AA | 2,094,220 | ||
2,000 | 5.500%, 7/01/27 - RAAI Insured | 7/07 at 102.00 | AA | 2,092,860 | ||
2,000 | Dormitory Authority of the State of New York, Revenue Bonds, Catholic Health Services of Long Island | 7/10 at 101.00 | Baa1 | 2,193,600 | ||
Obligated Group - St. Catherine of Siena Medical Center, Series 2000A, 6.500%, 7/01/20 | ||||||
Dormitory Authority of the State of New York, Revenue Bonds, Lenox Hill Hospital Obligated Group, | ||||||
Series 2001: | ||||||
165 | 5.375%, 7/01/20 | 7/11 at 101.00 | Ba2 | 166,667 | ||
500 | 5.500%, 7/01/30 | 7/11 at 101.00 | Ba2 | 500,945 | ||
1,575 | Dormitory Authority of the State of New York, Revenue Bonds, Mount Sinai NYU Health Obligated Group, | 7/10 at 101.00 | Ba1 | 1,677,564 | ||
Series 2000A, 6.500%, 7/01/25 | ||||||
250 | Dormitory Authority of the State of New York, Revenue Bonds, Mount Sinai NYU Health, Series 2000C, | 7/08 at 100.00 | Ba1 | 253,228 | ||
5.500%, 7/01/26 | ||||||
2,460 | Dormitory Authority of the State of New York, Revenue Bonds, New York and Presbyterian Hospital, | 8/14 at 100.00 | AAA | 2,682,901 | ||
Series 2004A, 5.250%, 8/15/15 - FSA Insured | ||||||
250 | Dormitory Authority of the State of New York, Revenue Bonds, Nyack Hospital, Series 1996, 6.250%, 7/01/13 | 7/06 at 102.00 | B2 | 246,975 | ||
500 | Dormitory Authority of the State of New York, Revenue Bonds, South Nassau Communities Hospital, | 7/13 at 100.00 | Baa1 | 529,095 | ||
Series 2003B, 5.500%, 7/01/23 | ||||||
600 | Dormitory Authority of the State of New York, Revenue Bonds, Winthrop-South Nassau University Hospital | 7/13 at 100.00 | Baa1 | 626,010 | ||
Association, Series 2003A, 5.500%, 7/01/32 | ||||||
4,850 | Dormitory Authority of the State of New York, Secured Hospital Revenue Refunding Bonds, Wyckoff Heights | 2/08 at 101.50 | AAA | 5,100,793 | ||
Medical Center, Series 1998H, 5.300%, 8/15/21 - MBIA Insured | ||||||
420 | Livingston County Industrial Development Agency, New York, Civic Facility Revenue Bonds, Nicholas H. | 7/10 at 100.00 | BB | 439,845 | ||
Noyes Hospital, Series 2005, 6.000%, 7/01/30 | ||||||
1,750 | New York City Health and Hospitals Corporation, New York, Health System Revenue Bonds, Series 2003A, | 2/13 at 100.00 | AAA | 1,890,000 | ||
5.250%, 2/15/22 - AMBAC Insured | ||||||
585 | New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Staten Island University | 7/12 at 100.00 | B2 | 595,723 | ||
Hospital, Series 2001B, 6.375%, 7/01/31 | ||||||
100 | New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Staten Island University | 7/12 at 101.00 | B2 | 103,097 | ||
Hospital, Series 2002C, 6.450%, 7/01/32 | ||||||
4,000 | Ulster County Industrial Development Agency, New York, Civic Facility Revenue Bonds, Kingston Hospital, | 11/09 at 101.00 | A2 | 4,161,880 | ||
Series 1999, 5.650%, 11/15/24 | ||||||
3,750 | Yates County Industrial Development Agency, New York, FHA-Insured Civic Facility Mortgage Revenue Bonds, | 8/09 at 101.00 | AA+ | 4,020,225 | ||
Soldiers and Sailors Memorial Hospital, Series 1999A, 5.650%, 2/01/39 | ||||||
650 | Yonkers Industrial Development Agency, New York, Revenue Bonds, St. John's Riverside Hospital, | 7/11 at 101.00 | BB | 676,988 | ||
Series 2001A, 7.125%, 7/01/31 | ||||||
| ||||||
47,680 | Total Health Care | 50,201,013 | ||||
| ||||||
Housing/Multifamily - 5.1% (3.5% of Total Investments) | ||||||
2,585 | New York City Housing Development Corporation, New York, Capital Fund Program Revenue Bonds, | 7/15 at 100.00 | AAA | 2,730,096 | ||
Series 2005A, 5.000%, 7/01/25 - FGIC Insured | ||||||
3,000 | New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds, | 5/11 at 101.00 | AA | 3,118,320 | ||
Series 2001A, 5.500%, 11/01/31 | ||||||
750 | New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds, | 5/14 at 100.00 | AA | 786,570 | ||
Series 2004A, 5.250%, 11/01/30 | ||||||
680 | New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds, | 11/15 at 100.00 | AA | 684,746 | ||
Series 2005F-1, 4.750%, 11/01/35 | ||||||
| ||||||
7,015 | Total Housing/Multifamily | 7,319,732 | ||||
| ||||||
Housing/Single Family - 2.6% (1.7% of Total Investments) | ||||||
645 | Guam Housing Corporation, Mortgage-Backed Securities Program Single Family Mortgage Revenue Bonds, | No Opt. Call | AAA | 721,903 | ||
Series 1998A, 5.750%, 9/01/31 (Alternative Minimum Tax) | ||||||
2,110 | New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, Series 82, 5.650%, 4/01/30 | 10/09 at 100.00 | Aa1 | 2,136,143 | ||
(Alternative Minimum Tax) | ||||||
840 | New York State Mortgage Agency, Mortgage Revenue Bonds, Thirty-Third Series A, 4.750%, 4/01/23 | 4/13 at 101.00 | Aaa | 851,567 | ||
(Alternative Minimum Tax) | ||||||
| ||||||
3,595 | Total Housing/Single Family | 3,709,613 | ||||
| ||||||
Long-Term Care - 4.9% (3.4% of Total Investments) | ||||||
Appleridge Retirement Community Inc., New York, GNMA Collateralized Mortgage Revenue Bonds, Series 1999: | ||||||
1,150 | 5.700%, 9/01/31 | 9/09 at 102.00 | Aaa | 1,248,325 | ||
1,250 | 5.750%, 9/01/41 | 9/09 at 102.00 | Aaa | 1,358,725 | ||
250 | Dormitory Authority of the State of New York, Revenue Bonds, Providence Rest, Series 2005, 5.000%, | 7/15 at 100.00 | A | 255,003 | ||
7/01/35 - ACA Insured | ||||||
665 | New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Special Needs | 7/10 at 102.00 | N/R | 717,116 | ||
Facilities Pooled Program, Series 2000, 8.125%, 7/01/19 | ||||||
750 | New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Special Needs | 7/11 at 101.00 | N/R | 788,850 | ||
Facilities Pooled Program, Series 2001A-1, 7.250%, 7/01/16 | ||||||
2,570 | Yonkers Industrial Development Agency, New York, FHA-Insured Mortgage Revenue Bonds, Michael Malotz | 2/09 at 101.00 | AAA | 2,681,615 | ||
Skilled Nursing Pavilion, Series 1999, 5.450%, 2/01/29 - MBIA Insured | ||||||
| ||||||
6,635 | Total Long-Term Care | 7,049,634 | ||||
| ||||||
Tax Obligation/General - 11.0% (7.5% of Total Investments) | ||||||
4,950 | New York City, New York, General Obligation Bonds, Fiscal Series 1999J, 5.125%, 5/15/29 - MBIA Insured | 5/09 at 101.00 | AAA | 5,196,064 | ||
1,000 | New York City, New York, General Obligation Bonds, Fiscal Series 2004C, 5.250%, 8/15/16 | 8/14 at 100.00 | A+ | 1,081,660 | ||
New York City, New York, General Obligation Bonds, Fiscal Series 2004E: | ||||||
1,500 | 5.000%, 11/01/19 - FSA Insured | 11/14 at 100.00 | AAA | 1,598,565 | ||
600 | 5.000%, 11/01/20 - FSA Insured | 11/14 at 100.00 | AAA | 637,602 | ||
1,125 | New York City, New York, General Obligation Bonds, Fiscal Series 2006C, 5.000%, 8/01/16 - FSA Insured | 8/15 at 100.00 | AAA | 1,216,136 | ||
800 | Northern Mariana Islands, General Obligation Bonds, Series 2000A, 6.000%, 6/01/20 - ACA Insured | 6/10 at 100.00 | A | 845,440 | ||
Rochester, New York, General Obligation Bonds, Series 1999: | ||||||
720 | 5.250%, 10/01/18 - MBIA Insured | No Opt. Call | AAA | 809,561 | ||
720 | 5.250%, 10/01/19 - MBIA Insured | No Opt. Call | AAA | 814,039 | ||
2,280 | Rockland County, New York, General Obligation Bonds, Series 1999, 5.600%, 10/15/16 | 10/09 at 101.00 | AA- | 2,479,774 | ||
United Nations Development Corporation, New York, Senior Lien Revenue Bonds, Series 2004A: | ||||||
500 | 5.250%, 7/01/23 | 1/08 at 100.00 | A3 | 516,145 | ||
500 | 5.250%, 7/01/24 | 1/08 at 100.00 | A3 | 516,145 | ||
| ||||||
14,695 | Total Tax Obligation/General | 15,711,131 | ||||
| ||||||
Tax Obligation/Limited - 26.6% (18.1% of Total Investments) | ||||||
1,000 | Battery Park City Authority, New York, Senior Revenue Bonds, Series 2003A, 5.250%, 11/01/21 | 11/13 at 100.00 | AAA | 1,093,880 | ||
1,155 | Buffalo Fiscal Stability Authority, New York, Sales Tax Revenue State Aid Secured Bonds, Series 2005A, | 9/15 at 100.00 | AAA | 1,240,574 | ||
5.000%, 9/01/18 - MBIA Insured | ||||||
590 | Dormitory Authority of the State of New York, Department of Health Revenue Bonds, Series 2005A, 5.250%, | 7/15 at 100.00 | AAA | 639,572 | ||
7/01/24 - CIFG Insured | ||||||
35 | Dormitory Authority of the State of New York, Improvement Revenue Bonds, Mental Health Services Facilities, | 8/10 at 100.00 | AAA | 38,371 | ||
Series 2000D, 5.875%, 8/15/18 - FSA Insured | ||||||
500 | Dormitory Authority of the State of New York, Revenue Bonds, Mental Health Services Facilities Improvements, | 2/15 at 100.00 | AAA | 524,085 | ||
Series 2005B, 5.000%, 2/15/30 - AMBAC Insured | ||||||
1,000 | Dormitory Authority of the State of New York, Service Contract Bonds, Child Care Facilities Development | 4/12 at 100.00 | AA- | 1,066,510 | ||
Program, Series 2002, 5.375%, 4/01/19 | ||||||
185 | Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, Series 2005F, | 3/15 at 100.00 | AAA | 197,286 | ||
5.000%, 3/15/21 - FSA Insured | ||||||
550 | Erie County Industrial Development Agency, New York, School Facility Revenue Bonds, Buffalo City School | 5/14 at 100.00 | AAA | 620,538 | ||
District, Series 2004, 5.750%, 5/01/26 - FSA Insured | ||||||
Metropolitan Transportation Authority, New York, Dedicated Tax Fund Bonds, Series 2002A: | ||||||
2,000 | 5.250%, 11/15/25 - FSA Insured | 11/12 at 100.00 | AAA | 2,141,440 | ||
2,000 | 5.000%, 11/15/30 | 11/12 at 100.00 | AA- | 2,067,300 | ||
Metropolitan Transportation Authority, New York, State Service Contract Refunding Bonds, Series 2002A: | ||||||
1,700 | 5.750%, 1/01/17 | No Opt. Call | AA- | 1,942,352 | ||
1,000 | 5.125%, 1/01/29 | 7/12 at 100.00 | AA- | 1,054,490 | ||
1,130 | Monroe Newpower Corporation, New York, Power Facilities Revenue Bonds, Series 2003, 5.500%, 1/01/34 | 1/13 at 102.00 | BBB | 1,186,014 | ||
2,180 | Nassau County Interim Finance Authority, New York, Sales and Use Tax Revenue Bonds, Series 2004H, | No Opt. Call | AAA | 2,397,978 | ||
5.250%, 11/15/13 - AMBAC Insured | ||||||
New York City Sales Tax Asset Receivable Corporation, New York, Dedicated Revenue Bonds, Local | ||||||
Government Assistance Corporation, Series 2004A: | ||||||
1,000 | 5.000%, 10/15/24 - MBIA Insured | 10/14 at 100.00 | AAA | 1,061,640 | ||
1,100 | 5.000%, 10/15/25 - MBIA Insured | 10/14 at 100.00 | AAA | 1,166,143 | ||
810 | 5.000%, 10/15/26 - MBIA Insured | 10/14 at 100.00 | AAA | 858,090 | ||
1,875 | 5.000%, 10/15/29 - AMBAC Insured | 10/14 at 100.00 | AAA | 1,976,438 | ||
1,670 | New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal Series 2003E, | 2/13 at 100.00 | AAA | 1,749,525 | ||
5.000%, 2/01/23 | ||||||
1,000 | New York State Environmental Facilities Corporation, Infrastructure Revenue Bonds, Series 2003A, 5.000%, | 3/14 at 100.00 | AA- | 1,055,350 | ||
3/15/21 | ||||||
3,400 | New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Second Generation, | No Opt. Call | AAA | 3,935,670 | ||
Series 2005B, 5.500%, 4/01/20 - AMBAC Insured | ||||||
New York State Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed and State | ||||||
Contingency Contract-Backed Bonds, Series 2003A-1: | ||||||
2,000 | 5.250%, 6/01/20 - AMBAC Insured | 6/13 at 100.00 | AAA | 2,155,740 | ||
2,000 | 5.250%, 6/01/22 - AMBAC Insured | 6/13 at 100.00 | AAA | 2,143,800 | ||
1,000 | New York State Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed and State | 6/13 at 100.00 | AA- | 1,091,080 | ||
Contingency Contract-Backed Bonds, Series 2003B-1C, 5.500%, 6/01/21 | ||||||
3,345 | Suffolk County Judicial Facilities Agency, New York, Service Agreement Revenue Bonds, John P. Colahan | 10/09 at 101.00 | AAA | 3,575,772 | ||
Court Complex, Series 1999, 5.250%, 10/15/15 - AMBAC Insured | ||||||
750 | Virgin Islands Public Finance Authority, Gross Receipts Taxes Loan Note, Series 1999A, 6.500%, 10/01/24 | 10/10 at 101.00 | BBB | 834,000 | ||
| ||||||
34,975 | Total Tax Obligation/Limited | 37,813,638 | ||||
| ||||||
Transportation - 11.9% (8.1% of Total Investments) | ||||||
700 | Albany Parking Authority, New York, Revenue Bonds, Series 2001A, 5.625%, 7/15/25 | 7/11 at 101.00 | BBB+ | 746,361 | ||
1,000 | Metropolitan Transportation Authority, New York, Transportation Revenue Refunding Bonds, Series 2002A, | 11/12 at 100.00 | AAA | 1,068,230 | ||
5.125%, 11/15/22 - FGIC Insured | ||||||
1,000 | New York City Industrial Development Agency, New York, Special Facilities Revenue Bonds, JFK Airport - | 8/12 at 101.00 | B- | 1,067,460 | ||
American Airlines Inc., Series 2002B, 8.500%, 8/01/28 (Alternative Minimum Tax) | ||||||
865 | New York State Thruway Authority, General Revenue Bonds, Series 2005F, 5.000%, 1/01/30 - AMBAC Insured | 1/15 at 100.00 | AAA | 908,155 | ||
New York State Thruway Authority, General Revenue Bonds, Series 2005G: | ||||||
700 | 5.000%, 1/01/30 - FSA Insured | 7/15 at 100.00 | AAA | 738,731 | ||
2,100 | 5.000%, 1/01/32 - FSA Insured | 7/15 at 100.00 | AAA | 2,211,174 | ||
500 | Niagara Frontier Airport Authority, New York, Airport Revenue Bonds, Buffalo Niagara International Airport, | 4/09 at 101.00 | AAA | 529,780 | ||
Series 1999A, 5.625%, 4/01/29 - MBIA Insured (Alternative Minimum Tax) | ||||||
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Fortieth Series 2005: | ||||||
800 | 5.000%, 12/01/19 - FSA Insured | 6/15 at 101.00 | AAA | 864,808 | ||
1,300 | 5.000%, 12/01/28 - XLCA Insured | 6/15 at 101.00 | AAA | 1,370,772 | ||
615 | 5.000%, 12/01/31 - XLCA Insured | 6/15 at 101.00 | AAA | 645,566 | ||
3,000 | Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Twentieth Series | 10/07 at 101.00 | AAA | 3,135,660 | ||
2000, 5.750%, 10/15/26 - MBIA Insured (Alternative Minimum Tax) | ||||||
1,000 | Triborough Bridge and Tunnel Authority, New York, General Purpose Revenue Bonds, Series 2001A, 5.250%, | 1/12 at 100.00 | Aa2 | 1,081,350 | ||
1/01/16 | ||||||
2,500 | Triborough Bridge and Tunnel Authority, New York, General Purpose Revenue Refunding Bonds, | 11/12 at 100.00 | Aa2 | 2,634,875 | ||
Series 2002B, 5.000%, 11/15/21 | ||||||
| ||||||
16,080 | Total Transportation | 17,002,922 | ||||
| ||||||
U.S. Guaranteed(4) - 16.0% (11.0% of Total Investments) | ||||||
175 | Dormitory Authority of the State of New York, Improvement Revenue Bonds, Mental Health Services Facilities, | 8/10 at 100.00 | AAA | 193,384 | ||
Series 2000D, 5.875%, 8/15/18 (Pre-refunded 8/15/10) - FSA Insured | ||||||
600 | Dormitory Authority of the State of New York, Revenue Bonds, State Personal Income Tax, Series 2003A, | 3/13 at 100.00 | AA(4) | 666,612 | ||
5.375%, 3/15/22 (Pre-refunded 3/15/13) | ||||||
525 | Erie County Tobacco Asset Securitization Corporation, New York, Senior Tobacco Settlement Asset-Backed | 7/10 at 101.00 | AAA | 584,918 | ||
Bonds, Series 2000, 6.000%, 7/15/20 (Pre-refunded 7/15/10) | ||||||
1,250 | Metropolitan Transportation Authority, New York, Commuter Facilities Revenue Bonds, Series 1997B, | 7/07 at 102.00 | AAA | 1,305,838 | ||
5.000%, 7/01/20 - AMBAC Insured | ||||||
5,520 | Metropolitan Transportation Authority, New York, Dedicated Tax Fund Bonds, Series 1999A, 5.250%, 4/01/23 | 10/14 at 100.00 | AAA | 6,143,534 | ||
(Pre-refunded 10/01/14) - FSA Insured | ||||||
Monroe Tobacco Asset Securitization Corporation, New York, Tobacco Settlement Asset-Backed Bonds, Series 2000: | ||||||
265 | 6.000%, 6/01/15 (Pre-refunded 6/01/10) | 6/10 at 101.00 | AAA | 294,656 | ||
1,665 | 6.150%, 6/01/25 (Pre-refunded 6/01/10) | 6/10 at 101.00 | AAA | 1,861,054 | ||
50 | New York City, New York, General Obligation Bonds, Fiscal Series 1999J, 5.125%, 5/15/29 | 5/09 at 101.00 | AAA | 53,313 | ||
(Pre-refunded 5/15/09) - MBIA Insured | ||||||
400 | New York Counties Tobacco Trust I, Tobacco Settlement Pass-Through Bonds, Series 2000B, 5.800%, 6/01/23 | 6/10 at 101.00 | AAA | 441,512 | ||
(Pre-refunded 6/01/10) | ||||||
1,000 | New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Second Generation, Series 2003A, | 4/13 at 100.00 | AAA | 1,103,440 | ||
5.250%, 4/01/23 (Pre-refunded 4/01/13) - MBIA Insured | ||||||
2,000 | New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Second Generation, Series 2004, | 4/14 at 100.00 | AAA | 2,182,600 | ||
5.000%, 4/01/20 (Pre-refunded 4/01/14) - MBIA Insured | ||||||
1,000 | New York State Urban Development Corporation, State Personal Income Tax Revenue Bonds, State Facilities | 3/12 at 100.00 | AA(4) | 1,087,540 | ||
and Equipment, Series 2002A, 5.125%, 3/15/27 (Pre-refunded 3/15/12) | ||||||
3,000 | Triborough Bridge and Tunnel Authority, New York, General Purpose Revenue Bonds, Series 1997A, 5.250%, | 1/22 at 100.00 | Aa2(4) | 3,411,420 | ||
1/01/28 (Pre-refunded 1/01/22) | ||||||
600 | Utica Industrial Development Agency, New York, Revenue Bonds, Utica College, Series 2004A, 6.875%, | 6/09 at 101.00 | N/R(4) | 637,758 | ||
12/01/34 | ||||||
1,250 | Westchester Tobacco Asset Securitization Corporation, New York, Tobacco Settlement Asset-Backed Bonds, | 7/10 at 101.00 | AAA | 1,431,175 | ||
Series 1999, 6.750%, 7/15/29 (Pre-refunded 7/15/10) | ||||||
1,400 | Yonkers Industrial Development Agency, New York, Revenue Bonds, Community Development Properties - | 2/11 at 100.00 | BBB-(4) | 1,605,324 | ||
Yonkers Inc. Project, Series 2001A, 6.625%, 2/01/26 (Pre-refunded 2/01/11) | ||||||
| ||||||
20,700 | Total U.S. Guaranteed | 23,004,078 | ||||
| ||||||
Utilities - 9.3% (6.3% of Total Investments) | ||||||
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 1998A: | ||||||
2,300 | 5.125%, 12/01/22 - FSA Insured | 6/08 at 101.00 | AAA | 2,410,354 | ||
4,575 | 5.250%, 12/01/26 - MBIA Insured | 6/08 at 101.00 | AAA | 4,795,697 | ||
2,000 | Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2003C, 5.000%, | 9/13 at 100.00 | AAA | 2,155,780 | ||
9/01/15 - CIFG Insured | ||||||
2,000 | New York State Power Authority, General Revenue Bonds, Series 2000A, 5.250%, 11/15/30 | 11/10 at 100.00 | Aa2 | 2,119,000 | ||
250 | Niagara County Industrial Development Agency, New York, Solid Waste Disposal Facility Revenue Bonds, | 11/11 at 101.00 | Baa3 | 263,962 | ||
American Ref-Fuel Company of Niagara LP, Series 2001C, 5.625%, 11/15/24 (Mandatory put 11/15/14) | ||||||
(Alternative Minimum Tax) | ||||||
600 | Niagara County Industrial Development Agency, New York, Solid Waste Disposal Facility Revenue Refunding | 11/11 at 101.00 | Baa3 | 633,420 | ||
Bonds, American Ref-Fuel Company of Niagara LP, Series 2001B, 5.550%, 11/15/24 (Mandatory put 11/15/13) | ||||||
(Alternative Minimum Tax) | ||||||
955 | Suffolk County Industrial Development Agency, New York, Revenue Bonds, Nissequogue Cogeneration Partners | No Opt. Call | N/R | 918,061 | ||
Facility, Series 1998, 4.875%, 1/01/08 (Alternative Minimum Tax) | ||||||
| ||||||
12,680 | Total Utilities | 13,296,274 | ||||
| ||||||
Water and Sewer - 3.8% (2.6% of Total Investments) | ||||||
2,000 | New York City Municipal Water Finance Authority, New York, Water and Sewerage System Revenue Bonds, | 6/10 at 101.00 | AA+ | 2,150,080 | ||
Fiscal Series 2001A, 5.500%, 6/15/33 | ||||||
1,130 | New York City Municipal Water Finance Authority, New York, Water and Sewerage System Revenue Bonds, | 6/12 at 100.00 | AA+ | 1,226,005 | ||
Fiscal Series 2003A, 5.375%, 6/15/19 | ||||||
1,955 | New York State Environmental Facilities Corporation, State Clean Water and Drinking Water Revolving Funds | 11/12 at 100.00 | AAA | 2,120,706 | ||
Revenue Bonds, Pooled Loan Issue, Series 2002F, 5.250%, 11/15/17 | ||||||
| ||||||
5,085 | Total Water and Sewer | 5,496,791 | ||||
| ||||||
$ | 196,315 | Total Investments (cost $198,096,271) - 146.5% | 209,442,279 | |||
|
| |||||
Other Assets Less Liabilities - 1.8% | 2,496,963 | |||||
| ||||||
Preferred Shares, at Liquidation Value - (48.3)% | (69,000,000) | |||||
|
|
| ||||
Net Assets Applicable to Common Shares - 100% | $ | 142,939,242 | ||||
|
(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 higher of Standard & Poors or Moodys rating. Ratings below Baa by Moodys Investor |
Service, Inc. or BBB by Standard & Poors Group are considered to be below investment grade. | ||
(4 | ) | Securities are backed by an escrow or trust containing sufficient U.S. Government or U.S. Government |
agency securities which ensures the timely payment of principal and interest. Such securities are normally | ||
considered to be equivalent to AAA rated securities. | ||
N/R | Investment is not rated. |
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 and timing differences in recognizing certain gains and losses on investment transactions.
At December 31, 2005, the cost of investments was $198,018,487.
Gross unrealized appreciation and gross unrealized depreciation of investments at December 31, 2005, were as follows:
| |||
Gross unrealized: | |||
Appreciation | $ | 11,573,971 | |
Depreciation | (150,179 | ) | |
| |||
Net unrealized appreciation (depreciation) of investments | $ | 11,423,792 | |
|
Item 2. Controls and Procedures.
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: EX-99 CERT Attached hereto.
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/ Jessica R. Droeger
Jessica R. Droeger
Vice President and Secretary
Date 2/27/06
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 2/27/06
By (Signature and Title)* /s/ Stephen D. Foy
Stephen D. Foy
Vice President and Controller (principal financial
officer)
Date 2/27/06
* Print the name and title of each signing officer under his or her signature.