Unassociated Document



 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY
 
Investment Company Act file number 811-09135
 
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:         12/31/09         
 
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, 2009       
Principal    Optional Call     
Amount (000)  Description (1)  Provisions (2)  Ratings (3)  Value 
  Consumer Discretionary – 2.8% (1.9% of Total Investments)       
$      950  New York City Industrial Development Agency, New York, Liberty Revenue Bonds,  9/15 at 100.00  BB+  $     727,387 
  IAC/InterActiveCorp, Series 2005, 5.000%, 9/01/35       
3,600  Seneca Nation of Indians Capital Improvements Authority, New York, Special Obligation Bonds,  6/17 at 100.00  BB  2,973,600 
  Series 2007A, 5.000%, 12/01/23       
4,550  Total Consumer Discretionary      3,700,987 
  Consumer Staples – 2.3% (1.6% of Total Investments)       
305  New York Counties Tobacco Trust II, Tobacco Settlement Pass-Through Bonds, Series 2001,  6/11 at 101.00  BBB  289,829 
  5.250%, 6/01/25       
785  Puerto Rico, The Children’s Trust Fund, Tobacco Settlement Asset-Backed Refunding Bonds,  5/12 at 100.00  BBB  753,200 
  Series 2002, 5.375%, 5/15/33       
240  Rensselaer Tobacco Asset Securitization Corporation, New York, Tobacco Settlement Asset-Backed  6/12 at 100.00  BBB  226,846 
  Bonds, Series 2001A, 5.200%, 6/01/25       
  TSASC Inc., New York, Tobacco Asset-Backed Bonds, Series 2006:       
805  4.750%, 6/01/22  6/16 at 100.00  BBB  770,707 
1,125  5.000%, 6/01/26  6/16 at 100.00  BBB  1,018,305 
3,260  Total Consumer Staples      3,058,887 
  Education and Civic Organizations – 18.6% (12.6% of Total Investments)       
380  Albany Industrial Development Agency, New York, Revenue Bonds, Albany Law School, Series  7/17 at 100.00  BBB  344,649 
  2007A, 5.000%, 7/01/31       
160  Albany Industrial Development Agency, New York, Revenue Bonds, Brighter Choice Charter  4/17 at 100.00  N/R  123,344 
  Schools, Series 2007A, 5.000%, 4/01/37       
1,725  Brooklyn Areba Local Development Corporation, New York, Payment in Lieu of Taxes Revenue  No Opt. Call  BBB–  1,756,464 
  Bonds, Barclays Center Project, Series 2009, 6.250%, 7/15/40       
120  Cattaraugus County Industrial Development Agency, New York, Revenue Bonds, St. Bonaventure  5/16 at 100.00  BBB–  108,164 
  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  1,436,070 
  2007A, 5.000%, 7/01/41 – RAAI Insured       
1,000  Dormitory Authority of the State of New York, Lease Revenue Bonds, State University Dormitory  No Opt. Call  AA–  1,106,120 
  Facilities, Series 2003B, 5.250%, 7/01/32 (Mandatory put 7/01/13) – SYNCORA GTY Insured       
705  Dormitory Authority of the State of New York, Lease Revenue Bonds, State University Dormitory  7/15 at 100.00  AA–  712,762 
  Facilities, Series 2004A, 5.000%, 7/01/29 – NPFG Insured       
195  Dormitory Authority of the State of New York, Revenue Bonds, Fashion Institute of Technology,  7/10 at 101.00  AAA  200,811 
  Series 2000, 5.375%, 7/01/20 – FSA Insured       
1,630  Dutchess County Industrial Development Agency, New York, Civic Facility Revenue Bonds, Bard  8/17 at 100.00  Baa1  1,342,582 
  College Project, Series 2007-A2, 4.500%, 8/01/36       
370  Hempstead Town Industrial Development Agency, New York, Revenue Bonds, Adelphi University,  10/15 at 100.00  A  372,912 
  Civic Facility 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  2/10 at 102.00  A3  3,081,110 
2,750  5.500%, 8/01/24 – RAAI Insured  2/10 at 102.00  A3  2,764,328 
3,070  Monroe County Industrial Development Agency, New York, Civic Facility Revenue Bonds, St. John  6/10 at 101.00  N/R  3,059,194 
  Fisher College, Series 1999, 5.375%, 6/01/24 – RAAI Insured       
330  New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, St.  10/14 at 100.00  A–  312,065 
  Francis College, Series 2004, 5.000%, 10/01/34       
1,800  New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, YMCA of  2/11 at 100.00  A–  1,814,238 
  Greater New York, Series 2002, 5.250%, 8/01/21       
1,630  New York City Industrial Development Agency, New York, PILOT Revenue Bonds, Queens Baseball  1/17 at 100.00  BBB  1,427,016 
  Stadium Project, Series 2006, 4.750%, 1/01/42 – AMBAC Insured       
2,240  New York City Industrial Development Authority, New York, PILOT Revenue Bonds, Yankee Stadium  9/16 at 100.00  BBB–  1,869,504 
  Project, Series 2006, 4.500%, 3/01/39 – FGIC Insured       
1,500  Niagara County Industrial Development Agency, New York, Civic Facility Revenue Bonds, Niagara  11/11 at 101.00  BBB  1,513,605 
  University, Series 2001A, 5.350%, 11/01/23 – RAAI Insured       
245  Seneca County Industrial Development Authority, New York, Revenue Bonds, New York Chiropractic  10/17 at 100.00  BBB  215,519 
  College, Series 2007, 5.000%, 10/01/27       
1,085  Town of Hempstead, New York, Local Development Corporation Revenue Bonds, Molloy College  7/19 at 100.00  BBB+  1,085,000 
  Project, Series 2009, 5.750%, 7/01/39       
250  Town of Hempstead, New York, Local Development Corporation Revenue Refunding Bonds, Series  2/19 at 100.00  A  253,050 
  2009A, Revenue Bonds, Series 2009B, Adelphi University Project, 5.250%, 2/01/39       
25,870  Total Education and Civic Organizations      24,898,507 
  Financials – 2.2% (1.5% of Total Investments)       
1,100  Liberty Development Corporation, New York, Goldman Sachs Headquarter Revenue Bonds, Series  No Opt. Call  A1  1,099,901 
  2005, 5.250%, 10/01/35       
1,740  Liberty Development Corporation, New York, Goldman Sachs Headquarters Revenue Bonds Series  No Opt. Call  A1  1,803,040 
  2007, 5.500%, 10/01/37       
2,840  Total Financials      2,902,941 
  Health Care – 30.7% (20.8% of Total Investments)       
  Albany Industrial Development Agency, New York, Revenue Bonds, Albany Medical Center,       
  Series 1999:       
1,120  6.000%, 5/01/19  5/10 at 100.50  N/R  1,119,093 
1,460  6.000%, 5/01/29  5/10 at 100.50  N/R  1,318,409 
1,970  Dormitory Authority of the State of New York, FHA-Insured Mortgage Hospital Revenue Bonds,  2/10 at 100.50  A  1,991,966 
  Memorial Hospital of William F. and Gertrude F. Jones Inc., Series 1999, 5.250%, 8/01/19 –       
  NPFG Insured       
4,825  Dormitory Authority of the State of New York, FHA-Insured Mortgage Hospital Revenue Bonds,  2/10 at 101.00  N/R  4,877,250 
  Montefiore Medical Center, Series 1999, 5.450%, 8/01/29 – AMBAC Insured       
625  Dormitory Authority of the State of New York, FHA-Insured Mortgage Revenue Bonds, Montefiore  2/15 at 100.00  A  639,038 
  Hospital, Series 2004, 5.000%, 8/01/29 – FGIC Insured       
2,600  Dormitory Authority of the State of New York, FHA-Insured Revenue Bonds, St. Lukes Roosevelt  8/15 at 100.00  A–  2,535,546 
  Hospital, 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  1/10 at 100.00  A3  2,001,180 
2,000  5.500%, 7/01/27 – RAAI Insured  1/10 at 100.00  A3  1,999,820 
2,000  Dormitory Authority of the State of New York, Revenue Bonds, Catholic Health Services of Long  7/10 at 101.00  BBB+  2,032,160 
  Island 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  Ba1  148,818 
500  5.500%, 7/01/30  7/11 at 101.00  Ba1  415,220 
3,150  Dormitory Authority of the State of New York, Revenue Bonds, Memorial Sloan Kettering Cancer  7/16 at 100.00  AA  3,207,708 
  Center, Series 2006, 5.000%, 7/01/35 (UB)       
1,575  Dormitory Authority of the State of New York, Revenue Bonds, Mount Sinai NYU Health Obligated  7/10 at 101.00  A2  1,604,075 
  Group, Series 2000A, 6.500%, 7/01/25       
250  Dormitory Authority of the State of New York, Revenue Bonds, Mount Sinai NYU Health, Series  1/10 at 100.00  A2  250,155 
  2000C, 5.500%, 7/01/26       
1,415  Dormitory Authority of the State of New York, Revenue Bonds, New York and Presbyterian  8/14 at 100.00  AAA  1,530,195 
  Hospital, Series 2004A, 5.250%, 8/15/15 – FSA Insured       
1,000  Dormitory Authority of the State of New York, Revenue Bonds, North Shore Long Island Jewish  11/16 at 100.00  Baa1  962,770 
  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  Baa2  1,957,560 
  2007B, 5.625%, 7/01/37       
500  Dormitory Authority of the State of New York, Revenue Bonds, South Nassau Communities  7/13 at 100.00  Baa1  500,155 
  Hospital, Series 2003B, 5.500%, 7/01/23       
600  Dormitory Authority of the State of New York, Revenue Bonds, Winthrop-South Nassau University  7/13 at 100.00  Baa1  566,046 
  Hospital Association, Series 2003A, 5.500%, 7/01/32       
420  Livingston County Industrial Development Agency, New York, Civic Facility Revenue Bonds,  7/10 at 100.00  BB  356,504 
  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  No Opt. Call  BBB–  372,506 
360  5.500%, 2/01/32  No Opt. Call  BBB–  323,122 
1,750  New York City Health and Hospitals Corporation, New York, Health System Revenue Bonds, Series  2/13 at 100.00  A+  1,793,278 
  2003A, 5.250%, 2/15/22 – AMBAC Insured       
565  New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Staten  7/12 at 100.00  Ba2  517,687 
  Island University Hospital, Series 2001B, 6.375%, 7/01/31       
100  New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Staten  7/12 at 101.00  Ba2  91,549 
  Island University Hospital, Series 2002C, 6.450%, 7/01/32       
4,000  Ulster County Industrial Development Agency, New York, Civic Facility Revenue Bonds, Kingston  5/10 at 101.00  A2  4,043,039 
  Hospital, Series 1999, 5.650%, 11/15/24       
3,075  Yates County Industrial Development Agency, New York, FHA-Insured Civic Facility Mortgage  2/10 at 101.00  AAA  3,308,423 
  Revenue Bonds, 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  B–  629,759 
  Series 2001A, 7.125%, 7/01/31       
41,085  Total Health Care      41,093,031 
  Housing/Multifamily – 8.5% (5.8% of Total Investments)       
2,585  New York City Housing Development Corporation, New York, Capital Fund Program Revenue Bonds,  7/15 at 100.00  AA+  2,680,490 
  Series 2005, 5.000%, 7/01/25 – FGIC Insured (UB)       
3,000  New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds,  5/11 at 101.00  AA  3,035,730 
  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  765,953 
  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  3,942,079 
  Series 2009J, 4.800%, 5/01/36       
600  New York State Housing Finance Agency, Affordable Housing Revenue Bonds, Series 2009B,  5/19 at 100.00  Aa2  586,110 
  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  396,718 
  11/01/38 (Alternative Minimum Tax)       
11,340  Total Housing/Multifamily      11,407,080 
  Housing/Single Family – 4.0% (2.7% of Total Investments)       
645  Guam Housing Corporation, Mortgage-Backed Securities Program Single Family Mortgage Revenue  No Opt. Call  AAA  694,239 
  Bonds, Series 1998A, 5.750%, 9/01/31 (Alternative Minimum Tax)       
485  New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, 2007 Series 145, 5.125%,  4/17 at 100.00  Aa1  474,767 
  10/01/37 (Alternative Minimum Tax)       
1,350  New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, Series 130, 4.650%, 4/01/27  4/15 at 100.00  Aa1  1,275,426 
  (Alternative Minimum Tax)       
510  New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, Series 148, 2007, 5.200%,  10/17 at 100.00  Aa1  510,923 
  10/01/32 (Alternative Minimum Tax)       
1,600  New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, Series 82, 5.650%, 4/01/30  4/10 at 100.00  Aa1  1,600,576 
  (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  844,208 
  (Alternative Minimum Tax)       
5,430  Total Housing/Single Family      5,400,139 
  Long-Term Care – 5.8% (3.9% 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  2,008,880 
  Gurwin Jewish Geriatric Center of Long Island, Series 2005A, 4.900%, 2/15/41       
600  Dormitory Authority of the State of New York, GNMA Collateralized Revenue Bonds, Cabrini of  2/17 at 103.00  A–  595,026 
  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  A1  372,023 
  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  160,668 
  5.000%, 7/01/35 – ACA Insured       
905  East Rochester Housing Authority, New York, Senior Living Revenue Bonds, Woodland Village  8/16 at 101.00  N/R  733,303 
  Project, Series 2006, 5.500%, 8/01/33       
750  New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Special  7/11 at 101.00  N/R  757,575 
  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  1,027,094 
635  5.800%, 7/01/23  7/16 at 101.00  N/R  553,098 
1,485  Yonkers Industrial Development Agency, New York, FHA-Insured Mortgage Revenue Bonds, Michael  2/10 at 100.50  A  1,499,687 
  Malotz Skilled Nursing Pavilion, Series 1999, 5.450%, 2/01/29 – NPFG Insured       
8,140  Total Long-Term Care      7,707,354 
  Materials – 0.2% (0.2% of Total Investments)       
330  Jefferson County Industrial Development Agency, New York, Solid Waste Disposal Revenue Bonds,  12/13 at 100.00  BBB  315,625 
  International Paper Company Project, Series 2003A, 5.200%, 12/01/20 (Alternative Minimum Tax)       
  Tax Obligation/General – 11.8% (8.0% of Total Investments)       
3,700  New York City, New York, General Obligation Bonds, Fiscal Series 2007A, 5.000%, 8/01/25  8/16 at 100.00  AA  3,881,595 
6,590  New York City, New York, General Obligation Bonds, Fiscal Series 2007D-1, 5.125%, 12/01/25 (UB)  12/17 at 100.00  AA  7,028,696 
2,000  New York City, New York, General Obligation Bonds, Fiscal Series 2009C, 5.000%, 8/01/23  8/19 at 100.00  AA  2,151,240 
1,000  New York City, New York, General Obligation Bonds, Series 2004, 5.250%, 8/15/16 (UB)  8/14 at 100.00  AA  1,100,390 
  Rochester, New York, General Obligation Bonds, Series 1999:       
720  5.250%, 10/01/18 – NPFG Insured  No Opt. Call  A  815,206 
720  5.250%, 10/01/19 – NPFG Insured  No Opt. Call  A  815,018 
14,730  Total Tax Obligation/General      15,792,145 
  Tax Obligation/Limited – 31.6% (21.4% 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  1,118,380 
590  Dormitory Authority of the State of New York, Department of Health Revenue Bonds, Series  7/15 at 100.00  AA–  621,624 
  2005A, 5.250%, 7/01/24 – CIFG Insured       
1,850  Dormitory Authority of the State of New York, Secured Hospital Revenue Refunding Bonds,  2/10 at 100.00  AA–  1,852,313 
  Wyckoff Heights Medical Center, Series 1998H, 5.300%, 8/15/21 – NPFG Insured       
185  Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, Series  3/15 at 100.00  AAA  198,601 
  2005F, 5.000%, 3/15/21 – FSA Insured       
550  Erie County Industrial Development Agency, New York, School Facility Revenue Bonds, Buffalo  5/18 at 100.00  AAA  584,315 
  City School District, Series 2004, 5.750%, 5/01/26 – FSA Insured (UB)       
  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  2,109,900 
2,000  5.000%, 11/15/30  11/12 at 100.00  AA  2,023,880 
1,000  Metropolitan Transportation Authority, New York, State Service Contract Refunding Bonds,  7/12 at 100.00  AA–  1,018,880 
  Series 2002A, 5.125%, 1/01/29       
1,130  Monroe Newpower Corporation, New York, Power Facilities Revenue Bonds, Series 2003,  1/13 at 102.00  BBB  914,238 
  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)  10/14 at 100.00  AAA  1,178,584 
810  5.000%, 10/15/26 – NPFG Insured (UB)  10/14 at 100.00  AAA  859,394 
2,375  5.000%, 10/15/29 – AMBAC Insured (UB)  10/14 at 100.00  AAA  2,489,570 
2,100  New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds, Fiscal  1/17 at 100.00  AA–  2,209,263 
  Series 2007S-2, 5.000%, 1/15/28 – FGIC Insured       
1,670  New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal  2/13 at 100.00  AAA  1,749,943 
  Series 2003E, 5.000%, 2/01/23       
2,115  New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal  11/17 at 100.00  AAA  2,270,622 
  Series 2007C-1, 5.000%, 11/01/27       
1,000  New York State Environmental Facilities Corporation, Infrastructure Revenue Bonds, Series  3/14 at 100.00  AA–  1,046,020 
  2003A, 5.000%, 3/15/21       
2,920  New York State Environmental Facilities Corporation, State Personal Income Tax Revenue Bonds,  12/17 at 100.00  AAA  3,152,344 
  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  1,219,572 
  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  1,072,240 
  2005B, 5.000%, 4/01/21 – AMBAC Insured       
3,400  New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Series 2005B,  No Opt. Call  AA  3,962,122 
  5.500%, 4/01/20 – AMBAC Insured (UB)       
1,625  New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Series 2007,  10/17 at 100.00  AA  1,718,958 
  5.000%, 4/01/27       
  New York State Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed and       
  State Contingency Contract-Backed Bonds, Series 2003A-1:       
4,000  5.250%, 6/01/20 – AMBAC Insured  6/13 at 100.00  AA–  4,229,399 
2,000  5.250%, 6/01/22 – AMBAC Insured  6/13 at 100.00  AA–  2,107,240 
1,000  New York State Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed and  6/13 at 100.00  AA–  1,062,790 
  State Contingency Contract-Backed Bonds, Series 2003B-1C, 5.500%, 6/01/21       
1,330  New York State Urban Development Corporation, State Personal Income Tax Revenue Bonds, Tender  3/17 at 100.00  AAA  1,458,797 
  Option Bond Trust 09-6W, 13.184%, 3/15/37 (IF)       
39,940  Total Tax Obligation/Limited      42,228,989 
  Transportation – 13.3% (9.0% of Total Investments)       
310  Albany Parking Authority, New York, Revenue Bonds, Series 2001A, 5.625%, 7/15/25  7/11 at 101.00  BBB+  315,075 
3,000  Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2007B,  11/17 at 100.00  A  3,040,740 
  5.000%, 11/15/33       
1,000  Metropolitan Transportation Authority, New York, Transportation Revenue Refunding Bonds,  11/12 at 100.00  A  1,042,410 
  Series 2002A, 5.125%, 11/15/22 – FGIC Insured       
1,750  New York City Industrial Development Agency, New York, American Airlines-JFK International  8/16 at 101.00  B–  1,749,825 
  Airport Special Facility Revenue Bonds, Series 2005, 7.750%, 8/01/31 (Alternative Minimum Tax)       
200  New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Bronx  10/17 at 100.00  N/R  154,802 
  Parking Development Company, LLC Project, Series 2007, 5.750%, 10/01/37       
105  New York City Industrial Development Agency, New York, Special Facilities Revenue Bonds,  6/10 at 101.00  BB  70,804 
  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  8/12 at 101.00  B–  1,024,190 
  Airport – American Airlines Inc., Series 2002B, 8.500%, 8/01/28 (Alternative Minimum Tax)       
500  New York City Industrial Development Agency, New York, Special Facilities Revenue Bonds,  1/16 at 100.00  A3  503,040 
  Terminal One Group JFK Project, Series 2005, 5.500%, 1/01/24 (Alternative Minimum Tax)       
  New York City Industrial Development Authority, New York, JetBlue,:       
450  5.000%, 5/15/20 (Alternative Minimum Tax)  5/12 at 100.00  B–  371,273 
1,000  5.125%, 5/15/30 (Alternative Minimum Tax)  5/12 at 100.00  B–  737,240 
160  New York State Thruway Authority, General Revenue Bonds, Series 2005F, 5.000%, 1/01/30 –  1/15 at 100.00  A+  163,187 
  AMBAC Insured       
700  New York State Thruway Authority, General Revenue Bonds, Series 2005G, 5.000%,  7/15 at 100.00  AAA  723,429 
  1/01/30 – FSA Insured (UB)       
500  Niagara Frontier Airport Authority, New York, Airport Revenue Bonds, Buffalo Niagara  4/10 at 100.50  A  501,115 
  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–  1,378,416 
615  5.000%, 12/01/31 – SYNCORA GTY Insured  6/15 at 101.00  AA–  642,589 
440  Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Forty  8/17 at 100.00  AAA  526,029 
  Eighth Series 2007, Trust 2920, 17.292%, 8/15/32 – FSA Insured (IF)       
1,000  Triborough Bridge and Tunnel Authority, New York, General Purpose Revenue Bonds, Series 2001A,  1/12 at 100.00  Aa2  1,070,130 
  5.250%, 1/01/16       
2,500  Triborough Bridge and Tunnel Authority, New York, General Purpose Revenue Refunding Bonds,  11/12 at 100.00  Aa2  2,656,250 
  Series 2002B, 5.000%, 11/15/21       
1,000  Triborough Bridge and Tunnel Authority, New York, Subordinate Lien General Purpose Revenue  11/18 at 100.00  AA–  1,072,390 
  Refunding Bonds, Tender Option Bond Trust 1184, 9.235%, 11/15/33 (IF)       
17,530  Total Transportation      17,742,934 
  U.S. Guaranteed – 5.2% (3.5% of Total Investments) (4)       
390  Albany Parking Authority, New York, Revenue Bonds, Series 2001A, 5.625%, 7/15/25  7/11 at 101.00  BBB+ (4)  424,445 
  (Pre-refunded 7/15/11)       
  Dormitory Authority of the State of New York, Improvement Revenue Bonds, Mental Health       
  Services Facilities, Series 2000D:       
25  5.875%, 8/15/18 (Pre-refunded 8/15/10) – FSA Insured  8/10 at 100.00  AAA  25,883 
10  5.875%, 8/15/18 (Pre-refunded 8/15/10) – FSA Insured  8/10 at 100.00  AAA  10,351 
305  Dormitory Authority of the State of New York, Revenue Bonds, Fashion Institute of Technology,  7/10 at 101.00  AAA  315,940 
  Series 2000, 5.375%, 7/01/20 (Pre-refunded 7/01/10) – FSA Insured       
425  Erie County Tobacco Asset Securitization Corporation, New York, Senior Tobacco Settlement  7/10 at 101.00  AAA  442,455 
  Asset-Backed Bonds, Series 2000, 6.000%, 7/15/20 (Pre-refunded 7/15/10)       
535  Metropolitan Transportation Authority, New York, Commuter Facilities Revenue Bonds, Series  1/10 at 100.00  N/R (4)  536,856 
  1997B, 5.000%, 7/01/20 – AMBAC Insured (ETM)       
1,050  Monroe Tobacco Asset Securitization Corporation, New York, Tobacco Settlement Asset-Backed  6/10 at 101.00  AAA  1,083,411 
  Bonds, Series 2000, 6.150%, 6/01/25 (Pre-refunded 6/01/10)       
455  New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Special  7/10 at 102.00  N/R (4)  478,842 
  Needs Facilities Pooled Program, Series 2000, 8.125%, 7/01/19 (Pre-refunded 7/01/10)       
750  Virgin Islands Public Finance Authority, Gross Receipts Taxes Loan Note, Series 1999A, 6.500%,  10/10 at 101.00  BBB+ (4)  792,435 
  10/01/24 (Pre-refunded 10/01/10)       
1,250  Westchester Tobacco Asset Securitization Corporation, New York, Tobacco Settlement  7/10 at 101.00  AAA  1,305,688 
  Asset-Backed Bonds, Series 1999, 6.750%, 7/15/29 (Pre-refunded 7/15/10)       
1,400  Yonkers Industrial Development Agency, New York, Revenue Bonds, Community Development  2/11 at 100.00  Baa3 (4)  1,489,306 
  Properties – Yonkers Inc. Project, Series 2001A, 6.625%, 2/01/26 (Pre-refunded 2/01/11)       
6,595  Total U.S. Guaranteed      6,905,612 
  Utilities – 5.5% (3.7% of Total Investments)       
  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  2,612,825 
500  5.000%, 12/01/24 – FGIC Insured  6/16 at 100.00  A  520,565 
1,400  Nassau County Industrial Development Authority, New York, Keyspan Glenwood Energy Project,  6/13 at 100.00  A–  1,345,862 
  Series 2003, 5.250%, 6/01/27 (Alternative Minimum Tax)       
250  Niagara County Industrial Development Agency, New York, Solid Waste Disposal Facility Revenue  11/11 at 101.00  Baa2  248,670 
  Bonds, 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  11/11 at 101.00  Baa2  592,290 
  Refunding Bonds, American Ref-Fuel Company of Niagara LP, Series 2001B, 5.550%, 11/15/24       
  (Mandatory put 11/15/13) (Alternative Minimum Tax)       
2,000  Power Authority of the State of New York, General Revenue Bonds, Series 2000A, 5.250%, 11/15/30  11/10 at 100.00  Aa2  2,018,380 
7,250  Total Utilities      7,338,592 
  Water and Sewer – 2.5% (1.7% of Total Investments)       
1,130  New York City Municipal Water Finance Authority, New York, Water and Sewerage System Revenue  6/12 at 100.00  AAA  1,228,593 
  Bonds, Fiscal Series 2003A, 5.375%, 6/15/19       
2,000  New York City Municipal Water Finance Authority, New York, Water and Sewerage System Revenue  6/19 at 100.00  AA+  2,159,419 
  Bonds, Second Generation Resolution, Fiscal 2010 Series 2009BB, 5.000%, 6/15/27       
3,130  Total Water and Sewer      3,388,012 
$    192,020  Total Long-Term Investments (cost $193,201,846) – 145.0%      193,880,835 
  Short-Term Investments – 2.5% (1.7% of Total Investments)       
$        3,277  State Street Bank Euro Dollar Time Deposit, 0.010%, 1/04/10  N/A  N/A  3,276,884 
  Total Short-Term Investments (cost $3,276,884)      3,276,884 
  Total Investments (cost $196,478,730) – 147.5%      197,157,719 
  Floating Rate Obligations – (13.3)%      (17,735,000)
  MuniFund Term Preferred Shares, at Liquidation Value – (22.5)% (5)      (30,000,000)
  Other Assets Less Liabilities – 26.7%      35,686,487 
  Auction Rate Preferred Shares, at Liquidation Value – (38.4)% (5)      (51,400,000)
  Net Assets Applicable to Common Shares – 100%      $ 133,709,206 



 


 


 


 


 

Fair Value Measurements

In determining the value of the Fund's investments, various inputs are used. These inputs are summarized in the three broad levels listed below:

  Level 1 – Quoted prices in active markets for identical securities.

  Level 2 – Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).

  Level 3 – Significant unobservable inputs (including management's assumptions in determining the fair value of investments).

The inputs or methodology 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 December 31, 2009:

  Level 1  Level 2  Level 3  Total 
Investments:         
Municipal Bonds  $            —  $193,880,835  $ —  $193,880,835 
Short-Term Investments  3,276,884  —  —  3,276,884 
Total  $3,276,884  $193,880,835  $ —  $197,157,719 

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.

At December 31, 2009, the cost of investments was $178,854,302.

Gross unrealized appreciation and gross unrealized depreciation of investments at December 31, 2009, were as follows:

Gross unrealized:   
  Appreciation  $ 4,424,124 
   Depreciation  (3,847,116)
Net unrealized appreciation (depreciation) of investments  $    577,008 

(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 & Poor's Group ("Standard & Poor's") or Moody's Investor Service, 
  Inc. ("Moody's") rating. Ratings below BBB by Standard & Poor's or Baa by Moody's are considered to be 
  below investment grade. 
(4)  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. 
(5)  MuniFund Term Preferred Shares and Auction Rate Preferred Shares, at Liquidation Value as a percentage 
  of Total Investments are 15.2% and 26.1%, respectively. 
N/A  Not applicable. 
N/R  Not rated. 
(ETM)  Escrowed to maturity. 
(IF)  Inverse floating rate investment. 
(UB)  Underlying bond of an inverse floating rate trust reflected as a financing transaction. 

 
Item 2. Controls and Procedures.

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

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

 
SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
(Registrant)  Nuveen New York Dividend Advantage Municipal Fund 
 
By (Signature and Title)     /s/ Kevin J. McCarthy                    
                                                   Kevin J. McCarthy
                                                   Vice President and Secretary
 
Date         March 1, 2010        
 
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         March 1, 2010        
 
By (Signature and Title)     /s/ Stephen D. Foy                              
                                                   Stephen D. Foy
                                                  Vice President and Controller (principal financial officer) 
 
Date        March 1, 2010