nq2.htm



 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY
 
Investment Company Act file number 811-09473
 
Nuveen New York Dividend Advantage Municipal Income 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:         6/30/12         
 
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 Income Fund (NKO)
     
   
June 30, 2012
     
           
Principal
   
Optional Call
   
Amount (000)
 
Description (1)
Provisions (2)
Ratings (3)
Value
   
Consumer Staples – 2.2% (1.6% of Total Investments)
     
$      1,210
 
New York Counties Tobacco Trust II, Tobacco Settlement Pass-Through Bonds, Series 2001,
12/12 at 100.00
A3
$   1,170,820
   
5.250%, 6/01/25
     
915
 
New York Counties Tobacco Trust III, Tobacco Settlement Pass-Through Bonds, Series 2003,
6/13 at 100.00
A1
910,544
   
5.750%, 6/01/33
     
700
 
Puerto Rico, The Children’s Trust Fund, Tobacco Settlement Asset-Backed Refunding Bonds,
11/12 at 100.00
BBB+
699,958
   
Series 2002, 5.375%, 5/15/33
     
2,825
 
Total Consumer Staples
   
2,781,322
   
Education and Civic Organizations – 22.4% (15.7% of Total Investments)
     
395
 
Dormitory Authority of the State of New York, Housing Revenue Bonds, Fashion Institute of
No Opt. Call
BBB
444,118
   
Technology, Series 2007, 5.250%, 7/01/34 – FGIC Insured
     
4,000
 
Dormitory Authority of the State of New York, Insured Revenue Bonds, Mount Sinai School of
No Opt. Call
A–
4,638,160
   
Medicine, Series 1994A, 5.150%, 7/01/24 – NPFG Insured
     
1,280
 
Dormitory Authority of the State of New York, Insured Revenue Bonds, New York Medical College,
1/13 at 100.00
BBB
1,283,840
   
Series 1998, 5.000%, 7/01/21 – NPFG Insured
     
1,000
 
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University Dormitory
No Opt. Call
Aa2
1,047,740
   
Facilities, Series 2003B, 5.250%, 7/01/32 (Mandatory put 7/01/13) – SYNCORA GTY Insured
     
140
 
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University Dormitory
7/15 at 100.00
Aa2
152,792
   
Facilities, Series 2004A, 5.000%, 7/01/29 – NPFG Insured
     
920
 
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University Dormitory
7/16 at 100.00
Aa2
981,612
   
Facilities, Series 2006A, 5.000%, 7/01/31 – NPFG Insured
     
240
 
Dormitory Authority of the State of New York, Revenue Bonds, Barnard College, Series 2007A,
7/17 at 100.00
BBB
250,622
   
5.000%, 7/01/37 – FGIC Insured
     
580
 
Dormitory Authority of the State of New York, Revenue Bonds, Convent of the Sacred Heart,
5/21 at 100.00
AA–
680,131
   
Series 2011, 5.750%, 11/01/40 – AGM Insured
     
1,000
 
Dormitory Authority of the State of New York, Revenue Bonds, Marymount Manhattan College,
7/19 at 100.00
Baa2
1,048,000
   
Series 2009, 5.250%, 7/01/29
     
3,250
 
Dormitory Authority of the State of New York, Revenue Bonds, New York University, Series
No Opt. Call
AA–
4,077,353
   
1998A, 6.000%, 7/01/18 – NPFG Insured
     
330
 
Dormitory Authority of the State of New York, Revenue Bonds, New York University, Series 2007,
7/17 at 100.00
AA–
361,027
   
5.000%, 7/01/32 – AMBAC Insured
     
510
 
Madison County Industrial Development Agency, New York, Civic Facility Revenue Bonds, Colgate
No Opt. Call
AA+
575,336
   
University, Tender Option Bond Trust 3127, 13.095%, 1/01/14 – AMBAC Insured (IF)
     
300
 
New York City Industrial Development Agency, New York, Payment in Lieu of Taxes Revenue Bonds,
1/19 at 100.00
AA–
336,108
   
Queens Baseball Stadium Project, Series 2009, 6.125%, 1/01/29 – AGC Insured
     
   
New York City Industrial Development Agency, New York, PILOT Revenue Bonds, Queens Baseball
     
   
Stadium Project, Series 2006:
     
1,000
 
5.000%, 1/01/36 – AMBAC Insured
1/17 at 100.00
BB+
1,000,400
1,060
 
5.000%, 1/01/46 – AMBAC Insured
1/17 at 100.00
BB+
1,044,736
885
 
New York City Industrial Development Agency, New York, Revenue Bonds, Yankee Stadium Project
3/19 at 100.00
AA–
1,051,893
   
PILOT, Series 2009A, 7.000%, 3/01/49 – AGC Insured
     
   
New York City Industrial Development Authority, New York, PILOT Revenue Bonds, Yankee Stadium
     
   
Project, Series 2006:
     
395
 
5.000%, 3/01/31 – FGIC Insured
9/16 at 100.00
BBB
409,789
2,210
 
5.000%, 3/01/36 – NPFG Insured
9/16 at 100.00
BBB
2,273,051
1,920
 
4.500%, 3/01/39 – FGIC Insured
9/16 at 100.00
BBB
1,906,618
1,560
 
New York City Trust for Cultural Resources, New York, Revenue Bonds, American Museum of
7/14 at 100.00
AA
1,672,928
   
Natural History, Series 2004A, 5.000%, 7/01/36 – NPFG Insured
     
1,000
 
New York City Trust for Cultural Resources, New York, Revenue Bonds, Whitney Museum of
1/21 at 100.00
A
1,099,100
   
American Art, Series 2011, 5.000%, 7/01/31
     
1,000
 
Tompkins County Development Corporation, New York, Revenue Bonds, Ithaca College, Series 2011,
1/21 at 100.00
Aa3
1,112,610
   
5.250%, 7/01/36 – AGM Insured
     
350
 
Troy Capital Resource Corporation, New York, Revenue Bonds, Rensselaer Polytechnic Institute,
9/20 at 100.00
A–
380,632
   
Series 2010A, 5.125%, 9/01/40
     
25,325
 
Total Education and Civic Organizations
   
27,828,596
   
Health Care – 12.1% (8.5% of Total Investments)
     
1,400
 
Dormitory Authority of the State of New York, FHA-Insured Mortgage Hospital Revenue Bonds,
8/12 at 100.00
N/R
1,404,480
   
St. Barnabas Hospital, Series 2002A, 5.125%, 2/01/22 – AMBAC Insured
     
760
 
Dormitory Authority of the State of New York, FHA-Insured Mortgage Revenue Bonds, Hudson
8/17 at 100.00
AA–
827,382
   
Valley Hospital Center, Series 2007, 5.000%, 8/15/27 – AGM Insured
     
425
 
Dormitory Authority of the State of New York, FHA-Insured Mortgage Revenue Bonds, Montefiore
2/15 at 100.00
BBB
438,668
   
Hospital, Series 2004, 5.000%, 8/01/33 – FGIC Insured
     
1,500
 
Dormitory Authority of the State of New York, FHA-Insured Revenue Bonds, Montefiore Medical
2/15 at 100.00
BBB
1,649,790
   
Center, Series 2005, 5.000%, 2/01/22 – FGIC Insured
     
3,000
 
Dormitory Authority of the State of New York, North Shore Long Island Jewish Obligated Group
5/21 at 100.00
A–
3,229,470
   
Revenue Bonds, Series 2011A, 5.000%, 5/01/41
     
1,540
 
Dormitory Authority of the State of New York, Revenue Bonds, Health Quest System Inc., Series
7/17 at 100.00
AA–
1,701,069
   
2007B, 5.250%, 7/01/27 – AGC Insured
     
855
 
Dormitory Authority of the State of New York, Revenue Bonds, New York and Presbyterian
8/14 at 100.00
AA–
940,440
   
Hospital, Series 2004A, 5.250%, 8/15/15 – AGM Insured
     
600
 
Dormitory Authority of the State of New York, Revenue Bonds, South Nassau Communities
7/13 at 100.00
Baa1
611,220
   
Hospital, Series 2003B, 5.500%, 7/01/23
     
700
 
Dormitory Authority of the State of New York, Revenue Bonds, The New York and Presbyterian
8/14 at 100.00
AA–
720,671
   
Hospital Project, Series 2007, 5.000%, 8/15/36 – AGM Insured
     
   
New York City Health and Hospitals Corporation, New York, Health System Revenue Bonds,
     
   
Series 2003A:
     
1,500
 
5.250%, 2/15/21 – AMBAC Insured
2/13 at 100.00
Aa3
1,536,855
1,000
 
5.250%, 2/15/22 – AMBAC Insured
2/13 at 100.00
Aa3
1,028,410
850
 
Westchester County Health Care Corporation, New York, Senior Lien Revenue Bonds, Series
11/20 at 100.00
A3
982,498
   
2010-C2, 6.125%, 11/01/37
     
14,130
 
Total Health Care
   
15,070,953
   
Housing/Multifamily – 0.8% (0.6% of Total Investments)
     
1,000
 
Canton Capital Resource Corporation, New York, Student Housing Facility Revenue Bonds, Grasse
5/20 at 100.00
AA–
1,042,390
   
River LLC at SUNY Canton Project Series 2010A, 5.000%, 5/01/40
     
   
Long-Term Care – 2.4% (1.7% of Total Investments)
     
510
 
Dormitory Authority of the State of New York, GNMA Collateralized Revenue Bonds, Cabrini of
2/17 at 103.00
AA+
553,212
   
Westchester Project, Series 2006, 5.200%, 2/15/41
     
   
Dormitory Authority of the State of New York, GNMA Collateralized Revenue Bonds, Willow Towers
     
   
Inc., Series 2002:
     
920
 
5.250%, 2/01/22
8/12 at 101.00
AA+
932,448
1,500
 
5.400%, 2/01/34
8/12 at 101.00
AA+
1,520,805
2,930
 
Total Long-Term Care
   
3,006,465
   
Tax Obligation/General – 7.7% (5.4% of Total Investments)
     
200
 
New York City, New York, General Obligation Bonds, Fiscal 2009 Series E, 5.000%, 8/01/28
8/19 at 100.00
AA
225,980
1,000
 
New York City, New York, General Obligation Bonds, Fiscal 2012 Series I, 5.000%, 8/01/30
No Opt. Call
AA
1,160,210
525
 
New York City, New York, General Obligation Bonds, Fiscal Series 2006C, 5.000%, 8/01/16 –
8/15 at 100.00
AA
594,153
   
AGM Insured
     
3,800
 
New York City, New York, General Obligation Bonds, Subseries G-1 Fiscal Series 2012,
No Opt. Call
AA
4,477,198
   
5.000%, 4/01/26
     
   
New York City, New York, General Obligation Bonds, Series 2004E:
     
1,700
 
5.000%, 11/01/19 – AGM Insured (UB)
11/14 at 100.00
AA
1,869,065
1,100
 
5.000%, 11/01/20 – AGM Insured (UB)
11/14 at 100.00
AA
1,208,317
8,325
 
Total Tax Obligation/General
   
9,534,923
   
Tax Obligation/Limited – 61.3% (43.1% of Total Investments)
     
165
 
Dormitory Authority of the State of New York, 853 Schools Program Insured Revenue Bonds,
7/12 at 100.00
N/R
165,548
   
Vanderheyden Hall Inc., Issue 2, Series 1998F, 5.250%, 7/01/18 – AMBAC Insured
     
3,000
 
Dormitory Authority of the State of New York, Revenue Bonds, School Districts Financing
10/12 at 100.00
A+
3,034,230
   
Program, Series 2002D, 5.250%, 10/01/23 – NPFG Insured
     
160
 
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, Series
3/15 at 100.00
AAA
177,424
   
2005F, 5.000%, 3/15/21 – AGM Insured
     
   
Erie County Industrial Development Agency, New York, School Facility Revenue Bonds, Buffalo
     
   
City School District Project, Series 2008A:
     
590
 
5.750%, 5/01/27 – AGM Insured (UB)
5/18 at 100.00
AA–
687,102
190
 
5.750%, 5/01/28 – AGM Insured (UB)
5/18 at 100.00
AA–
220,379
2,485
 
Erie County Industrial Development Agency, New York, School Facility Revenue Bonds, Buffalo
5/17 at 100.00
AA–
2,888,365
   
City School District, Series 2007A, 5.750%, 5/01/28 – AGM Insured (UB)
     
1,850
 
Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Senior Fiscal 2012 Series
2/21 at 100.00
AA–
2,011,209
   
2011A, 5.000%, 2/15/47 – AGM Insured
     
4,760
 
Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Series 2006A, 5.000%,
2/17 at 100.00
A
4,976,437
   
2/15/47 – FGIC Insured
     
2,290
 
Metropolitan Transportation Authority, New York, Dedicated Tax Fund Bonds, Series 2002A,
11/12 at 100.00
AA
2,323,823
   
5.250%, 11/15/25 – AGM Insured
     
1,000
 
Nassau County Interim Finance Authority, New York, Sales Tax Secured Revenue Bonds, Series
11/13 at 100.00
AAA
1,061,060
   
2003A, 5.000%, 11/15/18 – AMBAC Insured
     
   
New York City Sales Tax Asset Receivable Corporation, New York, Dedicated Revenue Bonds, Local
     
   
Government Assistance Corporation, Series 2004A:
     
3,400
 
5.000%, 10/15/25 – NPFG Insured
10/14 at 100.00
AAA
3,695,120
1,040
 
5.000%, 10/15/26 – NPFG Insured
10/14 at 100.00
AAA
1,128,785
300
 
5.000%, 10/15/29 – AMBAC Insured
10/14 at 100.00
AAA
327,837
3,950
 
5.000%, 10/15/32 – AMBAC Insured
10/14 at 100.00
AAA
4,307,080
2,500
 
New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds, Fiscal
1/17 at 100.00
AA–
2,730,350
   
Series 2007S-2, 5.000%, 1/15/28 – FGIC Insured
     
4,235
 
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal 2012
2/22 at 100.00
AAA
4,732,104
   
Series E-1, 5.000%, 2/01/42
     
2,000
 
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal 2012
5/22 at 100.00
AAA
2,245,140
   
Series F-1, 5.000%, 5/01/39
     
5
 
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal
11/12 at 100.00
AAA
5,070
   
Series 2002B, 5.250%, 5/01/16 – NPFG Insured
     
3,000
 
New York City Transitional Finance Authority, New York, Future Tax Secured Revenue Bonds,
11/20 at 100.00
AAA
3,335,490
   
Subordinate Lien Series 2011C, 5.000%, 11/01/39
     
   
New York City, New York, Educational Construction Fund, Revenue Bonds, Series 2011A:
     
5,130
 
5.750%, 4/01/33 – AGM Insured
4/21 at 100.00
AA+
6,067,969
1,000
 
5.750%, 4/01/41
4/21 at 100.00
AA–
1,167,950
   
New York Convention Center Development Corporation, Hotel Fee Revenue Bonds, Tender Option
     
   
Bonds Trust 3095:
     
165
 
13.093%, 11/15/30 – AMBAC Insured (IF)
11/15 at 100.00
AA+
196,343
140
 
13.079%, 11/15/44 – AMBAC Insured (IF)
11/15 at 100.00
AA+
160,363
   
New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Second General,
     
   
Series 2005B:
     
2,625
 
5.500%, 4/01/20 – AMBAC Insured
No Opt. Call
AA
3,326,768
500
 
5.000%, 4/01/21 – AMBAC Insured
10/15 at 100.00
AA
564,845
   
New York State Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed and
     
   
State Contingency Contract-Backed Bonds, Series 2003A-1:
     
1,900
 
5.250%, 6/01/20 – AMBAC Insured
6/13 at 100.00
AA–
1,983,866
1,000
 
5.250%, 6/01/22 – AMBAC Insured
6/13 at 100.00
AA–
1,044,140
750
 
New York State Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed and
6/13 at 100.00
AA–
784,830
   
State Contingency Contract-Backed Bonds, Series 2003B-1C, 5.500%, 6/01/21
     
8,600
 
New York State Urban Development Corporation, Revenue Refunding Bonds, State Facilities,
No Opt. Call
AA–
10,467,920
   
Series 1995, 5.700%, 4/01/20 – AGM Insured (UB)
     
295
 
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series
8/20 at 100.00
AA–
315,314
   
2010C, 5.125%, 8/01/42 – AGM Insured
     
   
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Series 2007A:
     
7,500
 
0.000%, 8/01/41 – NPFG Insured
No Opt. Call
AA–
1,451,625
15,000
 
0.000%, 8/01/44 – NPFG Insured
No Opt. Call
AA–
2,400,150
17,310
 
0.000%, 8/01/46 – NPFG Insured
No Opt. Call
AA–
2,440,018
29,215
 
0.000%, 8/01/47 – AMBAC Insured
No Opt. Call
AA–
3,856,380
128,050
 
Total Tax Obligation/Limited
   
76,281,034
   
Transportation – 12.8% (9.0% of Total Investments)
     
2,000
 
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2003A,
11/13 at 100.00
AA–
2,099,140
   
5.000%, 11/15/25 – AGM Insured
     
300
 
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2005A,
11/15 at 100.00
AA–
331,167
   
4.750%, 11/15/27 – NPFG Insured
     
   
Metropolitan Transportation Authority, New York, Transportation Revenue Refunding Bonds,
     
   
Series 2002A:
     
2,000
 
5.125%, 11/15/22 – FGIC Insured
11/12 at 100.00
A
2,029,680
4,000
 
5.000%, 11/15/25 – FGIC Insured
11/12 at 100.00
A
4,058,560
740
 
New York Liberty Development Corporation, Liberty Revenue Bonds, 4 World Trade Center Project,
11/21 at 100.00
A+
799,466
   
Series 2011, 5.000%, 11/15/44
     
315
 
New York State Thruway Authority, General Revenue Bonds, Refunding Series 2007H, 5.000%,
1/18 at 100.00
A+
357,264
   
1/01/25 – FGIC Insured
     
865
 
New York State Thruway Authority, General Revenue Bonds, Series 2005F, 5.000%, 1/01/20 –
1/15 at 100.00
A+
949,839
   
AMBAC Insured
     
350
 
New York State Thruway Authority, General Revenue Bonds, Series 2005G, 5.000%, 1/01/30 – AGM
7/15 at 100.00
AA–
385,977
   
Insured (UB)
     
1,275
 
New York State Thruway Authority, General Revenue Bonds, Series 2012I, 5.000%, 1/01/42 (WI/DD,
1/22 at 100.00
A+
1,386,027
   
Settling 7/11/12)
     
   
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Fortieth
     
   
Series 2005:
     
500
 
5.000%, 12/01/19 – AGM Insured
6/15 at 101.00
Aa2
564,295
1,000
 
5.000%, 12/01/28 – SYNCORA GTY Insured
6/15 at 101.00
Aa2
1,070,950
345
 
5.000%, 12/01/31 – SYNCORA GTY Insured
6/15 at 101.00
Aa2
367,573
390
 
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Forty
8/17 at 100.00
Aa2
534,503
   
Eighth Series 2008, Trust 2920, 17.352%, 8/15/32 – AGM Insured (IF)
     
780
 
Triborough Bridge and Tunnel Authority, New York, Subordinate Lien General Purpose Revenue
No Opt. Call
A+
981,646
   
Refunding Bonds, Series 2002E, 5.500%, 11/15/20 – NPFG Insured
     
14,860
 
Total Transportation
   
15,916,087
   
U.S. Guaranteed – 7.6% (5.3% of Total Investments) (4)
     
   
Buffalo, New York, General Obligation Bonds, Series 2002B:
     
1,490
 
5.375%, 11/15/18 (Pre-refunded 11/15/12) – NPFG Insured
11/12 at 100.00
A1 (4)
1,519,413
2,375
 
5.375%, 11/15/20 (Pre-refunded 11/15/12) – NPFG Insured
11/12 at 100.00
A1 (4)
2,421,883
85
 
Dormitory Authority of the State of New York, Judicial Facilities Lease Revenue Bonds, Suffolk
No Opt. Call
Aaa
96,301
   
County Issue, Series 1986, 7.375%, 7/01/16 (ETM)
     
1,725
 
Dormitory Authority of the State of New York, Revenue Bonds, Memorial Sloan-Kettering Cancer
7/13 at 100.00
Aa2 (4)
1,807,679
   
Center, Series 2003-1, 5.000%, 7/01/21 (Pre-refunded 7/01/13) – NPFG Insured
     
1,250
 
Metropolitan Transportation Authority, New York, Transportation Revenue Refunding Bonds,
11/12 at 100.00
A (4)
1,272,913
   
Series 2002F, 5.000%, 11/15/31 (Pre-refunded 11/15/12) – NPFG Insured
     
500
 
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal
2/14 at 100.00
AAA
537,235
   
Series 2004C, 5.000%, 2/01/19 (Pre-refunded 2/01/14) – SYNCORA GTY Insured
     
   
Suffolk County Industrial Development Agency, New York, Revenue Bonds, Huntington Hospital,
     
   
Series 2002C:
     
725
 
6.000%, 11/01/22 (Pre-refunded 11/01/12)
11/12 at 100.00
A– (4)
739,384
1,045
 
5.875%, 11/01/32 (Pre-refunded 11/01/12)
11/12 at 100.00
A– (4)
1,065,283
9,195
 
Total U.S. Guaranteed
   
9,460,091
   
Utilities – 8.3% (5.8% of Total Investments)
     
   
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2006A:
     
1,700
 
5.000%, 12/01/23 – FGIC Insured
6/16 at 100.00
A
1,902,980
1,300
 
5.000%, 12/01/25 – FGIC Insured
6/16 at 100.00
A
1,446,705
1,500
 
5.000%, 12/01/26 – AGC Insured
6/16 at 100.00
AA+
1,666,410
250
 
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2006B,
6/16 at 100.00
A
262,550
   
5.000%, 12/01/35 – CIFG Insured
     
5,000
 
New York State Energy Research and Development Authority, Pollution Control Revenue Refunding
11/12 at 100.00
A–
5,007,850
   
Bonds, Niagara Mohawk Power Corporation, Series 1998A, 5.150%, 11/01/25 – AMBAC Insured
     
9,750
 
Total Utilities
   
10,286,495
   
Water and Sewer – 4.7% (3.3% of Total Investments)
     
1,900
 
New York City Municipal Water Finance Authority, New York, Water and Sewer System Revenue
12/21 at 100.00
AA+
2,102,825
   
Bonds, Second Generation Resolution, Fiscal 2012 Series BB, 5.000%, 6/15/44
     
1,140
 
New York City Municipal Water Finance Authority, New York, Water and Sewer System Revenue
6/16 at 100.00
AAA
1,270,712
   
Bonds, Series 2006B, 5.000%, 6/15/36 – NPFG Insured (UB)
     
2,295
 
Suffolk County Water Authority, New York, Waterworks Revenue Bonds, Series 2005C, 5.000%,
6/15 at 100.00
AAA
2,434,008
   
6/01/28 – NPFG Insured
     
5,335
 
Total Water and Sewer
   
5,807,545
$      221,725
 
Total Investments (cost $167,537,173) – 142.3%
   
177,015,901
   
Floating Rate Obligations – (9.3)%
   
(11,620,000)
   
Variable Rate Demand Preferred Shares, at Liquidation Value – (40.2)% (5)
   
(50,000,000)
   
Other Assets Less Liabilities – 7.2%
   
8,999,476
   
Net Assets Applicable to Common Shares – 100%
   
$    124,395,377
 
 
 

 
 
Fair Value Measurements
 
Fair value is defined as the price that the Funds would receive upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. A three-tier hierarchy is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
 
Level 1 – Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
 
Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
 
Level 3 – Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
 
The inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of each 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
$     $ 177,015,901     $     $ 177,015,901  
 
During the period ended, June 30, 2012, the Fund recognized no significant transfers to or from Level 1, Level 2 or Level 3.
 
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 June 30, 2012, the cost of investments was $155,522,627.
 
Gross unrealized appreciation and gross unrealized depreciation of investments at June 30, 2012, were as follows:
     
Gross unrealized:
   
   Appreciation
$ 11,392,737  
   Depreciation
  (1,501,418 )
Net unrealized appreciation (depreciation) of investments
$ 9,891,319  
 
     
(1)
 
All percentages shown in the Portfolio of Investments are based on net assets applicable to Common
   
shares unless otherwise noted.
(2)
 
Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption.
   
There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities
   
may be subject to periodic principal paydowns.
(3)
 
Ratings: Using the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service,
   
Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or
   
BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any
   
of these national rating agencies.
(4)
 
Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities,
   
which ensure the timely payment of principal and interest. Certain bonds backed by U.S. Government or
   
agency securities are regarded as having an implied rating equal to the rating of such securities.
(5)
 
Variable Rate Demand Preferred Shares, at Liquidation Value as a percentage of Total Investments is 28.2%.
N/R
 
Not rated.
WI/DD
 
Investment, or portion of investment, purchased on a when-issued or delayed delivery basis.
(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 Income Fund 
 
By (Signature and Title)     /s/ Kevin J. McCarthy                    
                                                   Kevin J. McCarthy
                                                   Vice President and Secretary
 
Date:         August 29, 2012        
 
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, 2012        
 
By (Signature and Title)     /s/ Stephen D. Foy                              
                                                   Stephen D. Foy
                                                  Vice President and Controller (principal financial officer) 
 
Date:         August 29, 2012