nq2.htm



 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY
 
Investment Company Act file number 811-09135
 
Nuveen New York Dividend Advantage Municipal Fund
(Exact name of registrant as specified in charter)
 
Nuveen Investments
        333 West Wacker Drive, Chicago, Illinois 60606         
(Address of principal executive offices) (Zip code)
 

Kevin J. McCarthy
Vice President and Secretary
        333 West Wacker Drive, Chicago, Illinois 60606         
(Name and address of agent for service)
 
Registrant's telephone number, including area code:         312-917-7700        
 
Date of fiscal year end:            9/30          
 
Date of reporting period:         12/31/11         
 
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, 2011 
     
           
Principal 
   
Optional Call 
   
Amount (000) 
 
Description (1) 
Provisions (2) 
Ratings (3) 
Value 
   
Consumer Discretionary – 2.7% (1.8% of Total Investments) 
     
$      950 
 
New York City Industrial Development Agency, New York, Liberty Revenue Bonds, 
9/15 at 100.00 
BBB– 
$    920,085 
   
IAC/InterActiveCorp, Series 2005, 5.000%, 9/01/35 
     
3,350 
 
Seneca Nation of Indians Capital Improvements Authority, New York, Special Obligation Bonds, 
6/17 at 100.00 
BB 
2,818,020 
   
Series 2007A, 5.000%, 12/01/23 
     
4,300 
 
Total Consumer Discretionary 
   
3,738,105 
   
Consumer Staples – 3.0% (2.1% of Total Investments) 
     
235 
 
New York Counties Tobacco Trust II, Tobacco Settlement Pass-Through Bonds, Series 2001, 
6/12 at 100.00 
A3 
215,953 
   
5.250%, 6/01/25 
     
745 
 
Puerto Rico, The Children’s Trust Fund, Tobacco Settlement Asset-Backed Refunding Bonds, 
5/12 at 100.00 
BBB 
702,528 
   
Series 2002, 5.375%, 5/15/33 
     
170 
 
Rensselaer Tobacco Asset Securitization Corporation, New York, Tobacco Settlement Asset-Backed 
6/12 at 100.00 
A3 
158,245 
   
Bonds, Series 2001A, 5.200%, 6/01/25 
     
   
TSASC Inc., New York, Tobacco Asset-Backed Bonds, Series 2006: 
     
750 
 
4.750%, 6/01/22 
6/16 at 100.00 
BBB 
729,248 
2,625 
 
5.000%, 6/01/26 
6/16 at 100.00 
BBB 
2,456,895 
4,525 
 
Total Consumer Staples 
   
4,262,869 
   
Education and Civic Organizations – 18.8% (13.0% of Total Investments) 
     
380 
 
Albany Industrial Development Agency, New York, Revenue Bonds, Albany Law School, Series 
7/17 at 100.00 
BBB 
384,279 
   
2007A, 5.000%, 7/01/31 
     
550 
 
Albany Industrial Development Agency, New York, Revenue Bonds, Brighter Choice Charter 
4/17 at 100.00 
N/R 
460,152 
   
Schools, Series 2007A, 5.000%, 4/01/37 
     
1,725 
 
Brooklyn Arena Local Development Corporation, New York, Payment in Lieu of Taxes Revenue 
No Opt. Call 
BBB– 
1,810,974 
   
Bonds, Barclays Center Project, Series 2009, 6.250%, 7/15/40 
     
965 
 
Buffalo and Erie County Industrial Land Development Corporation, New York, Tax-Exempt 
12/20 at 100.00 
N/R 
1,045,771 
   
Revenue Bonds (Enterprise Charter School Project), Series 2011A, 7.500%, 12/01/40 
     
120 
 
Cattaraugus County Industrial Development Agency, New York, Revenue Bonds, St. Bonaventure 
5/16 at 100.00 
BBB– 
120,828 
   
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 
1,550,569 
   
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 
Aa2 
1,067,350 
   
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 
Aa2 
737,804 
   
Facilities, Series 2004A, 5.000%, 7/01/29 – NPFG Insured 
     
700 
 
Dormitory Authority of the State of New York, Revenue Bonds, New School University, Series 
7/20 at 100.00 
A– 
753,914 
   
2010, 5.250%, 7/01/30 
     
680 
 
Dormitory Authority of the State of New York, Revenue Bonds, St. Joseph’s College, Series 
7/20 at 100.00 
Baa1 
716,441 
   
2010, 5.250%, 7/01/35 
     
1,630 
 
Dutchess County Industrial Development Agency, New York, Civic Facility Revenue Bonds, Bard 
8/17 at 100.00 
Baa1 
1,542,925 
   
College Project, Series 2007-A2, 4.500%, 8/01/36 
     
1,300 
 
Dutchess County Industrial Development Agency, New York, Civiv Facility Revenue Bonds, Bard 
8/17 at 100.00 
Baa1 
1,306,539 
   
College Refunding, Series 2007-A1, 5.000%, 8/01/46 
     
370 
 
Hempstead Town Industrial Development Agency, New York, Revenue Bonds, Adelphi University, 
10/15 at 100.00 
A
379,572 
   
Civic Facility Project, Series 2005, 5.000%, 10/01/35 
     
250 
 
Hempstead Town Local Development Corporation, New York, Revenue Bonds, Adelphi University 
2/19 at 100.00 
A
266,803 
   
Project, Series 2009B, 5.250%, 2/01/39 
     
1,085 
 
Hempstead Town Local Development Corporation, New York, Revenue Bonds, Molloy College Project, 
7/19 at 100.00 
BBB+ 
1,146,856 
   
Series 2009, 5.750%, 7/01/39 
     
3,070 
 
Monroe County Industrial Development Agency, New York, Civic Facility Revenue Bonds, St. John 
6/12 at 100.00 
N/R 
3,079,916 
   
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– 
336,818 
   
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 
2/12 at 100.00 
A– 
1,802,988 
   
Greater New York, Series 2002, 5.250%, 8/01/21 
     
   
New York City Industrial Development Agency, New York, PILOT Revenue Bonds, Queens Baseball 
     
   
Stadium Project, Series 2006: 
     
160 
 
5.000%, 1/01/36 – AMBAC Insured 
1/17 at 100.00 
BB+ 
142,483 
1,000 
 
5.000%, 1/01/39 – AMBAC Insured 
1/17 at 100.00 
BB+ 
881,020 
1,630 
 
4.750%, 1/01/42 – AMBAC Insured 
1/17 at 100.00 
BB+ 
1,370,797 
2,240 
 
New York City Industrial Development Authority, New York, PILOT Revenue Bonds, Yankee Stadium 
9/16 at 100.00 
BBB– 
2,072,224 
   
Project, Series 2006, 4.500%, 3/01/39 – FGIC Insured 
     
1,000 
 
New York City Trust for Cultural Resources, New York, Revenue Bonds, Whitney Museum of 
1/21 at 100.00 
A
1,067,570 
   
American Art, Series 2011, 5.000%, 7/01/31 
     
1,500 
 
Niagara County Industrial Development Agency, New York, Civic Facility Revenue Bonds, Niagara 
11/12 at 100.00 
BBB+ 
1,515,420 
   
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 
249,268 
   
College, Series 2007, 5.000%, 10/01/27 
     
535 
 
Troy Capital Resource Corporation, New York, Revenue Bonds, Rensselaer Polytechnic Institute, 
9/20 at 100.00 
A– 
546,224 
   
Series 2010A, 5.125%, 9/01/40 
     
26,605 
 
Total Education and Civic Organizations 
   
26,355,505 
   
Financials – 2.1% (1.5% of Total Investments) 
     
1,100 
 
Liberty Development Corporation, New York, Goldman Sachs Headquarter Revenue Bonds, Series 
No Opt. Call 
A1 
1,132,461 
   
2005, 5.250%, 10/01/35 
     
1,740 
 
Liberty Development Corporation, New York, Goldman Sachs Headquarters Revenue Bonds Series 
No Opt. Call 
A1 
1,850,681 
   
2007, 5.500%, 10/01/37 
     
2,840 
 
Total Financials 
   
2,983,142 
   
Health Care – 19.7% (13.6% of Total Investments) 
     
1,555 
 
Dormitory Authority of the State of New York, FHA-Insured Mortgage Hospital Revenue Bonds, 
2/12 at 100.00 
BBB 
1,558,405 
   
Memorial Hospital of William F. and Gertrude F. Jones Inc., Series 1999, 5.250%, 8/01/19 – 
     
   
NPFG Insured 
     
625 
 
Dormitory Authority of the State of New York, FHA-Insured Mortgage Revenue Bonds, Montefiore 
2/15 at 100.00 
BBB 
671,731 
   
Hospital, Series 2004, 5.000%, 8/01/29 – FGIC Insured 
     
3,600 
 
Dormitory Authority of the State of New York, FHA-Insured Revenue Bonds, St. Lukes Roosevelt 
8/15 at 100.00 
N/R 
3,748,140 
   
Hospital, Series 2005, 4.900%, 8/15/31 
     
200 
 
Dormitory Authority of the State of New York, Highland Hospital of Rochester Revenue Bonds, 
7/20 at 100.00 
A2 
208,438 
   
Series 2010, 5.200%, 7/01/32 
     
   
Dormitory Authority of the State of New York, Insured Revenue Bonds, Franciscan Health 
     
   
Partnership Obligated Group – Frances Shervier Home and Hospital, Series 1997: 
     
1,760 
 
5.500%, 7/01/17 – RAAI Insured 
7/12 at 100.00 
A3 
1,762,957 
2,000 
 
5.500%, 7/01/27 – RAAI Insured 
7/12 at 100.00 
A3 
2,000,680 
3,160 
 
Dormitory Authority of the State of New York, Revenue Bonds, Memorial Sloan Kettering Cancer 
7/16 at 100.00 
Aa2 
3,293,668 
   
Center, Series 2006, 5.000%, 7/01/35 (UB) 
     
1,350 
 
Dormitory Authority of the State of New York, Revenue Bonds, New York and Presbyterian 
8/14 at 100.00 
AA– 
1,465,128 
   
Hospital, Series 2004A, 5.250%, 8/15/15 – AGM Insured 
     
1,000 
 
Dormitory Authority of the State of New York, Revenue Bonds, North Shore Long Island Jewish 
11/16 at 100.00 
A3 
1,022,540 
   
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 
BBB+ 
2,057,060 
   
2007B, 5.625%, 7/01/37 
     
750 
 
Dormitory Authority of the State of New York, Revenue Bonds, NYU Hospitals Center, Series 
7/20 at 100.00 
BBB+ 
795,300 
   
2011A, 6.000%, 7/01/40 
     
500 
 
Dormitory Authority of the State of New York, Revenue Bonds, South Nassau Communities 
7/13 at 100.00 
Baa1 
510,285 
   
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 
604,764 
   
Hospital Association, Series 2003A, 5.500%, 7/01/32 
     
420 
 
Livingston County Industrial Development Agency, New York, Civic Facility Revenue Bonds, 
1/12 at 100.00 
BB 
392,876 
   
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– 
392,473 
360 
 
5.500%, 2/01/32 
No Opt. Call 
BBB– 
344,999 
715 
 
Monroe County Industrial Development Corporation, New York, FHA Insured Mortgage Revenue 
2/21 at 100.00 
Aa2 
827,906 
   
Bonds, Unity Hospital of Rochestor Project, Series 2010, 5.750%, 8/15/35 
     
1,750 
 
New York City Health and Hospitals Corporation, New York, Health System Revenue Bonds, Series 
2/13 at 100.00 
Aa3 
1,820,595 
   
2003A, 5.250%, 2/15/22 – AMBAC Insured 
     
470 
 
Suffolk County Economic Development Corp / Nassau County Local Economic Assistance & Financing 
7/21 at 100.00 
A– 
489,670 
   
Corp., New York, Revenue Bonds, Catholic Health Services of Long Island Obligated Group 
     
   
Project, Series 2011, 5.000%, 7/01/28 
     
2,675 
 
Yates County Industrial Development Agency, New York, FHA-Insured Civic Facility Mortgage 
2/12 at 100.00 
N/R 
2,777,907 
   
Revenue Bonds, Soldiers and Sailors Memorial Hospital, Series 1999A, 5.650%, 2/01/39 
     
950 
 
Yonkers Industrial Development Agency, New York, Revenue Bonds, St. John’s Riverside Hospital, 
7/12 at 100.00 
B
950,684 
   
Series 2001A, 7.125%, 7/01/31 
     
26,850 
 
Total Health Care 
   
27,696,206 
   
Housing/Multifamily – 6.6% (4.6% of Total Investments) 
     
400 
 
Canton Capital Resource Corporation, New York, Student Housing Facility Revenue Bonds, Grasse 
5/20 at 100.00 
AA– 
403,364 
   
River LLC at SUNY Canton Project Series 2010A, 5.000%, 5/01/40 
     
2,585 
 
New York City Housing Development Corporation, New York, Capital Fund Program Revenue Bonds, 
7/15 at 100.00 
AA+ 
2,741,987 
   
Series 2005A, 5.000%, 7/01/25 – FGIC Insured (UB) 
     
750 
 
New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds, 
5/14 at 100.00 
AA 
764,798 
   
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 
4,089,080 
   
Series 2009J, 4.800%, 5/01/36 
     
290 
 
New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds, 
5/20 at 100.00 
AA 
300,173 
   
Series 2010-D1A, 5.000%, 11/01/42 
     
600 
 
New York State Housing Finance Agency, Affordable Housing Revenue Bonds, Series 2009B, 4.500%, 
5/19 at 100.00 
Aa2 
607,830 
   
11/01/29 
     
405 
 
New York State Housing Finance Agency, Affordable Housing Revenue, Series 2007A, 5.250%, 
11/17 at 100.00 
Aa2 
410,512 
   
11/01/38 (Alternative Minimum Tax) 
     
9,030 
 
Total Housing/Multifamily 
   
9,317,744 
   
Housing/Single Family – 3.7% (2.5% of Total Investments) 
     
645 
 
Guam Housing Corporation, Mortgage-Backed Securities Program Single Family Mortgage Revenue 
No Opt. Call 
N/R 
729,921 
   
Bonds, Series 1998A, 5.750%, 9/01/31 (Alternative Minimum Tax) 
     
1,350 
 
New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, Series 130, 
4/15 at 100.00 
Aa1 
1,350,108 
   
4.650%, 4/01/27 (Alternative Minimum Tax) 
     
485 
 
New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, Series 145, 
4/17 at 100.00 
Aa1 
491,645 
   
5.125%, 10/01/37 (Alternative Minimum Tax) 
     
510 
 
New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, Series 148, 
10/17 at 100.00 
Aa1 
521,266 
   
5.200%, 10/01/32 (Alternative Minimum Tax) 
     
1,185 
 
New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, Series 82, 
4/12 at 100.00 
Aa1 
1,185,794 
   
5.650%, 4/01/30 (Alternative Minimum Tax) 
     
840 
 
New York State Mortgage Agency, Mortgage Revenue Bonds, Thirty-Third Series A, 
4/13 at 101.00 
Aaa 
853,709 
   
4.750%, 4/01/23 (Alternative Minimum Tax) 
     
5,015 
 
Total Housing/Single Family 
   
5,132,443 
   
Long-Term Care – 5.2% (3.6% 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 
2,044,560 
   
Gurwin Jewish Geriatric Center of Long Island, Series 2005A, 4.900%, 2/15/41 
     
585 
 
Dormitory Authority of the State of New York, GNMA Collateralized Revenue Bonds, Cabrini of 
No Opt. Call 
AA+ 
624,265 
   
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 
Ba3 
296,884 
   
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 
179,928 
   
5.000%, 7/01/35 – ACA Insured 
     
960 
 
East Rochester Housing Authority, New York, Senior Living Revenue Bonds, Woodland Village 
8/16 at 101.00 
N/R 
818,774 
   
Project, Series 2006, 5.500%, 8/01/33 
     
225 
 
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Special 
7/12 at 100.00 
N/R 
227,216 
   
Needs Facilities Pooled Program, Series 2000, 8.125%, 7/01/19 
     
660 
 
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Special 
7/12 at 100.50 
N/R 
666,593 
   
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 
1,068,773 
635 
 
5.800%, 7/01/23 
7/16 at 101.00 
N/R 
580,676 
845 
 
Yonkers Industrial Development Agency, New York, FHA-Insured Mortgage Revenue Bonds, Michael 
2/12 at 100.00 
BBB 
846,225 
   
Malotz Skilled Nursing Pavilion, Series 1999, 5.450%, 2/01/29 – NPFG Insured 
     
7,675 
 
Total Long-Term Care 
   
7,353,894 
   
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 
331,538 
   
International Paper Company Project, Series 2003A, 5.200%, 12/01/20 (Alternative Minimum Tax) 
     
   
Tax Obligation/General – 12.1% (8.4% of Total Investments) 
     
2,000 
 
New York City, New York, General Obligation Bonds, Fiscal 2010 Series C, 5.000%, 8/01/23 
8/19 at 100.00 
AA 
2,322,520 
3,700 
 
New York City, New York, General Obligation Bonds, Fiscal Series 2007A, 5.000%, 8/01/25 
8/16 at 100.00 
AA 
4,197,761 
1,000 
 
New York City, New York, General Obligation Bonds, Series 2004C-1, 5.250%, 8/15/16 (UB) 
8/14 at 100.00 
AA 
1,109,520 
6,590 
 
New York City, New York, General Obligation Bonds, Fiscal 2008 Series 2007D-1, 
12/17 at 100.00 
AA 
7,559,653 
   
5.125%, 12/01/25 (UB) 
     
   
Rochester, New York, General Obligation Bonds, Series 1999: 
     
720 
 
5.250%, 10/01/18 – NPFG Insured 
No Opt. Call 
Aa3 
883,267 
720 
 
5.250%, 10/01/19 – NPFG Insured 
No Opt. Call 
Aa3 
892,217 
14,730 
 
Total Tax Obligation/General 
   
16,964,938 
   
Tax Obligation/Limited – 36.6% (25.3% of Total Investments) 
     
1,000 
 
Battery Park City Authority, New York, Lease Revenue Bonds, Senior Lien Series 2003A, 
11/13 at 100.00 
AAA 
1,081,090 
   
5.250%, 11/01/21 
     
590 
 
Dormitory Authority of the State of New York, Department of Health Revenue Bonds, Series 
7/15 at 100.00 
AA– 
639,448 
   
2005A, 5.250%, 7/01/24 – CIFG Insured 
     
1,850 
 
Dormitory Authority of the State of New York, Secured Hospital Revenue Refunding Bonds, 
2/12 at 100.00 
AA– 
1,853,830 
   
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 
No Opt. Call 
AAA 
204,793 
   
2005F, 5.000%, 3/15/21 – AGM Insured 
     
550 
 
Erie County Industrial Development Agency, New York, School Facility Revenue Bonds, Buffalo 
5/14 at 100.00 
AA– 
585,288 
   
City School District, Series 2004, 5.750%, 5/01/26 – AGM Insured (UB) 
     
   
Metropolitan Transportation Authority, New York, Dedicated Tax Fund Bonds, Series 2002A: 
     
2,000 
 
5.250%, 11/15/25 – AGM Insured 
11/12 at 100.00 
AA 
2,064,000 
2,000 
 
5.000%, 11/15/30 
11/12 at 100.00 
AA 
2,058,460 
1,000 
 
Metropolitan Transportation Authority, New York, State Service Contract Refunding Bonds, 
7/12 at 100.00 
AA– 
1,017,560 
   
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 
1,077,647 
   
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 
1,207,547 
810 
 
5.000%, 10/15/26 – NPFG Insured (UB) 
10/14 at 100.00 
AAA 
887,792 
2,375 
 
5.000%, 10/15/29 – AMBAC Insured (UB) 
10/14 at 100.00 
AAA 
2,561,129 
2,100 
 
New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds, Fiscal 
1/17 at 100.00 
AA– 
2,267,076 
   
Series 2007S-2, 5.000%, 1/15/28 – FGIC Insured 
     
485 
 
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal 
2/13 at 100.00 
AAA 
505,656 
   
Series 2003E, 5.000%, 2/01/23 – FGIC Insured 
     
2,115 
 
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal 
11/17 at 100.00 
AAA 
2,362,032 
   
Series 2007C-1, 5.000%, 11/01/27 
     
2,500 
 
New York City Transitional Finance Authority, New York, Future Tax Secured Revenue Bonds, 
11/20 at 100.00 
AAA 
2,884,275 
   
Subordinate Lien Series 2011C, 5.500%, 11/01/35 
     
4,000 
 
New York City, New York, Educational Construction Fund, Revenue Bonds, Series 2011A, 
4/21 at 100.00 
AA– 
4,525,080 
   
5.750%, 4/01/41 
     
1,000 
 
New York State Environmental Facilities Corporation, Infrastructure Revenue Bonds, Series 
3/14 at 100.00 
AA– 
1,075,880 
   
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 
3,324,887 
   
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 
1,252,142 
   
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 
1,119,530 
   
2005B, 5.000%, 4/01/21 – AMBAC Insured 
     
1,625 
 
New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Series 2007, 
10/17 at 100.00 
AA 
1,787,809 
   
5.000%, 4/01/27 
     
3,400 
 
New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Series 2005B, 
No Opt. Call 
AA 
4,348,668 
   
5.500%, 4/01/20 – AMBAC Insured (UB) 
     
   
New York State Thruway Authority, State Personal Income Tax Revenue Bonds, Series 2010A: 
     
510 
 
5.000%, 3/15/29 
9/20 at 100.00 
AAA 
575,668 
1,000 
 
5.000%, 3/15/30 
9/20 at 100.00 
AAA 
1,121,520 
   
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– 
4,238,080 
2,000 
 
5.250%, 6/01/22 – AMBAC Insured 
6/13 at 100.00 
AA– 
2,119,040 
1,000 
 
New York State Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed and 
6/13 at 100.00 
AA– 
1,063,040 
   
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 
1,566,740 
   
Option Bond Trust 09-6W, 13.676%, 3/15/37 (IF) (4) 
     
46,765 
 
Total Tax Obligation/Limited 
   
51,375,707 
   
Transportation – 18.4% (12.7% of Total Investments) 
     
2,000 
 
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2003A, 
11/13 at 100.00 
AA– 
2,126,420 
   
5.000%, 11/15/25 – AGM Insured 
     
3,000 
 
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2007B, 
11/17 at 100.00 
A
3,124,470 
   
5.000%, 11/15/33 
     
1,000 
 
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2010D, 
11/20 at 100.00 
A
1,054,540 
   
5.000%, 11/15/34 
     
1,000 
 
Metropolitan Transportation Authority, New York, Transportation Revenue Refunding Bonds, 
11/12 at 100.00 
A
1,030,740 
   
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 
N/R 
1,548,330 
   
Airport Special Facility Revenue Bonds, Series 2005, 7.750%, 8/01/31 (Alternative Minimum Tax) 
     
   
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Bronx 
     
   
Parking Development Company, LLC Project, Series 2007: 
     
200 
 
5.750%, 10/01/37 
10/17 at 100.00 
N/R 
101,246 
2,000 
 
5.875%, 10/01/46 
10/17 at 102.00 
N/R 
1,011,980 
105 
 
New York City Industrial Development Agency, New York, Special Facilities Revenue Bonds, 
6/12 at 100.00 
BB– 
83,375 
   
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 
N/R 
884,260 
   
Airport – American Airlines Inc., Series 2002B, 8.500%, 8/01/28 (Alternative Minimum Tax) 
     
900 
 
New York City Industrial Development Agency, New York, Special Facilities Revenue Bonds, 
1/16 at 100.00 
A3 
942,867 
   
Terminal One Group JFK Project, Series 2005, 5.500%, 1/01/24 (Alternative Minimum Tax) 
     
   
New York City Industrial Development Agency, New York, Special Facility Revenue Bonds, JetBlue 
     
   
Airways Corporation Project, Series 2006: 
     
450 
 
5.000%, 5/15/20 (Alternative Minimum Tax) 
5/12 at 100.00 
B– 
407,439 
1,000 
 
5.125%, 5/15/30 (Alternative Minimum Tax) 
5/12 at 100.00 
B– 
841,400 
845 
 
New York Liberty Development Corporation, Liberty Revenue Bonds, 4 World Trade Center Project, 
11/21 at 100.00 
A+ 
861,790 
   
Series 2011, 5.000%, 11/15/44 
     
160 
 
New York State Thruway Authority, General Revenue Bonds, Series 2005F, 5.000%, 1/01/30 – 
1/15 at 100.00 
A+ 
171,430 
   
AMBAC Insured 
     
700 
 
New York State Thruway Authority, General Revenue Bonds, Series 2005G, 5.000%, 1/01/30 – 
7/15 at 100.00 
AA– 
758,835 
   
AGM Insured (UB) 
     
500 
 
Niagara Frontier Airport Authority, New York, Airport Revenue Bonds, Buffalo Niagara 
4/12 at 100.00 
BBB 
491,935 
   
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 
Aa2 
1,385,761 
615 
 
5.000%, 12/01/31 – SYNCORA GTY Insured 
6/15 at 101.00 
Aa2 
649,422 
440 
 
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Forty 
8/17 at 100.00 
Aa2 
563,006 
   
Eighth Series 2008, Trust 2920, 17.424%, 8/15/32 – AGM Insured (IF) 
     
2,000 
 
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Sixty Sixth 
No Opt. Call 
Aa2 
2,168,620 
   
Series 2011, 5.000%, 1/15/41 
     
   
Port Authority of New York and New Jersey, Special Project Bonds, JFK International Air 
     
   
Terminal LLC Project, Eighth Series 2010: 
     
290 
 
6.500%, 12/01/28 
12/15 at 100.00 
BBB– 
308,047 
1,470 
 
6.000%, 12/01/36 
12/20 at 100.00 
BBB– 
1,549,689 
2,500 
 
Triborough Bridge and Tunnel Authority, New York, General Purpose Revenue Refunding Bonds, 
11/12 at 100.00 
Aa2 
2,593,375 
   
Series 2002B, 5.000%, 11/15/21 
     
1,000 
 
Triborough Bridge and Tunnel Authority, New York, Subordinate Lien General Purpose Revenue 
No Opt. Call 
Aa2 
1,194,000 
   
Refunding Bonds, Tender Option Bond Trust 1184, 9.233%, 5/15/16 (IF) 
     
26,225 
 
Total Transportation 
   
25,852,977 
   
U.S. Guaranteed – 1.8% (1.2% of Total Investments) (5) 
     
535 
 
Metropolitan Transportation Authority, New York, Commuter Facilities Revenue Bonds, Series 
1/12 at 100.00 
N/R (5) 
558,711 
   
1997B, 5.000%, 7/01/20 – AMBAC Insured (ETM) 
     
535 
 
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Staten 
7/12 at 100.00 
Baa3 (5) 
550,392 
   
Island University Hospital, Series 2001B, 6.375%, 7/01/31 (Pre-refunded 7/01/12) 
     
95 
 
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Staten 
7/12 at 101.00 
Baa3 (5) 
98,715 
   
Island University Hospital, Series 2002C, 6.450%, 7/01/32 (Pre-refunded 7/01/12) 
     
1,185 
 
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal 
2/13 at 100.00 
Aaa 
1,246,253 
   
Series 2003E, 5.000%, 2/01/23 (Pre-refunded 2/01/13) – FGIC Insured 
     
2,350 
 
Total U.S. Guaranteed 
   
2,454,071 
   
Utilities – 6.7% (4.6% of Total Investments) 
     
1,300 
 
Chautauqua County Industrial Development Agency, New York, Exempt Facility Revenue Bonds, 
2/20 at 100.00 
Baa3 
1,320,813 
   
NRG Dunkirk Power Project, Series 2009, 5.875%, 4/01/42 
     
   
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– 
2,745,200 
500 
 
5.000%, 12/01/24 – FGIC Insured 
6/16 at 100.00 
A– 
543,140 
2,380 
 
Long Island Power Authority, New York, Electric System Revenue Bonds, Series 2011A, 
5/21 at 100.00 
A– 
2,511,543 
   
5.000%, 5/01/38 
     
1,400 
 
Nassau County Industrial Development Authority, New York, Keyspan Glenwood Energy Project, 
6/13 at 100.00 
A– 
1,425,704 
   
Series 2003, 5.250%, 6/01/27 (Alternative Minimum Tax) 
     
250 
 
Niagara County Industrial Development Agency, New York, Solid Waste Disposal Facility Revenue 
5/12 at 101.00 
Baa2 
252,803 
   
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 
5/12 at 101.00 
Baa2 
606,413 
   
Refunding Bonds, American Ref-Fuel Company of Niagara LP, Series 2001B, 5.550%, 11/15/24 
     
   
(Mandatory put 11/15/13) (Alternative Minimum Tax) 
     
8,930 
 
Total Utilities 
   
9,405,616 
   
Water and Sewer – 7.0% (4.9% of Total Investments) 
     
1,185 
 
Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, Series 2010, 
7/20 at 100.00 
Ba2 
1,139,507 
   
5.625%, 7/01/40 
     
2,000 
 
New York City Municipal Water Finance Authority, New York, Water and Sewer System Revenue 
6/19 at 100.00 
AA+ 
2,249,159 
   
Bonds, Second Generation Resolution, Fiscal 2010 Series 2009BB, 5.000%, 6/15/27 
     
1,130 
 
New York City Municipal Water Finance Authority, New York, Water and Sewerage System Revenue 
6/12 at 100.00 
AAA 
1,155,322 
   
Bonds, Fiscal Series 2003A, 5.375%, 6/15/19 
     
4,875 
 
New York State Environmental Facilities Corporation, State Clean Water and Drinking Water 
6/21 at 100.00 
AA+ 
5,321,890 
   
Revolving Funds Revenue Bonds, New York City Municipal Water Finance Authority Projects, 
     
   
Second Resolution Series 2011B, 5.000%, 6/15/41 
     
9,190 
 
Total Water and Sewer 
   
9,865,878 
$     195,360 
 
Total Investments (cost $195,399,770) – 144.6% 
   
203,090,633 
   
Floating Rate Obligations – (12.6)% 
   
(17,735,000) 
   
MuniFund Term Preferred Shares, at Liquidation Value – (39.4)% (6) 
   
(55,360,000) 
   
Other Assets Less Liabilities – 7.4% 
   
10,499,510 
   
Net Assets Applicable to Common Shares – 100% 
   
$ 140,495,143 
 
 
 
 
 

 
 
Fair Value Measurements
 
Fair value is defined as the price that the Fund would receive upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. A three-tier hierarchy is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The three-tier hierarchy of inputs is 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 methodologies used for valuing securities are not an indication of the risk associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of December 31, 2011:
 
                         
   
Level 1
   
Level 2
   
Level 3
   
Total
 
Investments: 
                       
Municipal Bonds 
  $     $ 203,090,633     $     $ 203,090,633  
 
During the period ended December 31, 2011, 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 December 31, 2011, the cost of investments was $177,698,124.
 
Gross unrealized appreciation and gross unrealized depreciation of investments at December 31, 2011, were as follows:
   
Gross unrealized: 
 
   Appreciation 
$10,459,989 
   Depreciation 
(2,802,969) 
Net unrealized appreciation (depreciation) of investments 
$ 7,657,020 
 
     
(1) 
 
All percentages shown in the Portfolio of Investments are based on net assets applicable to Common shares 
   
unless otherwise noted. 
(2) 
 
Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There 
   
may be other call provisions at varying prices at later dates. Certain mortgage-backed securities may be 
   
subject to periodic principal paydowns. 
(3) 
 
Ratings: Using the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. 
   
(“Moody’s”) or Fitch, Inc. (“Fitch”) rating. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB 
   
by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of 
   
these national rating agencies. 
(4) 
 
Investment, or portion of investment has been pledged to collateralize the net payment obligations for 
   
investments in inverse floating rate transactions. 
(5) 
 
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. 
(6) 
 
MuniFund Term Preferred Shares, at Liquidation Value as a percentage of Total Investments is 27.3%. 
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         February 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         February 29, 2012        
 
By (Signature and Title)     /s/ Stephen D. Foy                              
                                                   Stephen D. Foy
                                                  Vice President and Controller (principal financial officer) 
 
Date         February 29, 2012