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 811-05238
 
Nuveen New York Municipal Value Fund, Inc.
(Exact name of registrant as specified in charter)
 
Nuveen Investments
        333 West Wacker Drive, Chicago, Illinois 60606         
(Address of principal executive offices) (Zip code)
 

Gifford R. Zimmerman
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:            2/28          
 
Date of reporting period:         5/31/17         
 
Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.
 
A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget ("OMB") control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

 

 
Item 1. Schedule of Investments
 

 
 
Portfolio of Investments 
 
 
 
 
 
 
Nuveen New York Municipal Value Fund, Inc. (NNY) 
 
 
 
 
 
May 31, 2017 (Unaudited) 
 
 
 
 
 
Principal 
 
 
Optional Call 
 
 
Amount (000) 
 
Description (1) 
Provisions (2) 
Ratings (3) 
Value 
 
 
LONG-TERM INVESTMENTS – 100.7% (100.0% of Total Investments) 
 
 
 
 
 
 
MUNICIPAL BONDS – 100.7% (100.0% of Total Investments) 
 
 
 
 
 
 
Consumer Discretionary – 1.2% (1.2% of Total Investments) 
 
 
 
$ 1,830 
 
Seneca Nation of Indians Capital Improvements Authority, New York, Special Obligation Bonds, 
6/17 at 100.00 
N/R 
$ 1,833,386 
 
 
Series 2007A, 5.000%, 12/01/23 
 
 
 
 
 
Consumer Staples – 3.4% (3.4% of Total Investments) 
 
 
 
1,000 
 
Erie County Tobacco Asset Securitization Corporation, New York, Tobacco Settlement 
7/17 at 100.00 
BB 
1,000,210 
 
 
Asset-Backed Bonds, Series 2005A, 5.000%, 6/01/38 
 
 
 
500 
 
Nassau County Tobacco Settlement Corporation, New York, Tobacco Settlement Asset-Backed Bonds, 
7/17 at 100.00 
B– 
500,060 
 
 
Refunding Series 2006A-2, 5.250%, 6/01/26 
 
 
 
2,875 
 
Nassau County Tobacco Settlement Corporation, New York, Tobacco Settlement Asset-Backed Bonds, 
7/17 at 100.00 
B– 
2,861,833 
 
 
Series 2006A-3, 5.000%, 6/01/35 
 
 
 
230 
 
TSASC Inc., New York, Tobacco Asset-Backed Bonds, Series 2006, 5.000%, 6/01/48 
6/27 at 100.00 
N/R 
238,241 
500 
 
TSASC Inc., New York, Tobacco Settlement Asset-Backed Bonds, Fiscal 2017 Series B, 
No Opt. Call 
BBB 
549,960 
 
 
5.000%, 6/01/25 
 
 
 
5,105 
 
Total Consumer Staples 
 
 
5,150,304 
 
 
Education and Civic Organizations – 20.9% (20.8% of Total Investments) 
 
 
 
275 
 
Albany Industrial Development Agency, New York, Revenue Bonds, Albany Law School, Series 
7/17 at 100.00 
BBB 
275,668 
 
 
2007A, 5.000%, 7/01/31 
 
 
 
415 
 
Albany Industrial Development Agency, New York, Revenue Bonds, Brighter Choice Charter 
7/17 at 100.00 
B 
351,443 
 
 
Schools, Series 2007A, 5.000%, 4/01/37 
 
 
 
750 
 
Buffalo and Erie County Industrial Land Development Corporation, New York, Revenue Bonds, 
12/20 at 100.00 
B+ 
764,310 
 
 
Enterprise Charter School Project, Series 2011A, 7.500%, 12/01/40 
 
 
 
1,250 
 
Build New York City Resource Corporation, New York, Revenue Bonds, City University of New 
6/24 at 100.00 
Aa2 
1,431,400 
 
 
York – Queens College, Q Student Residences, LLC Project, Refunding Series 2014A, 
 
 
 
 
 
5.000%, 6/01/43 
 
 
 
 
 
Build New York City Resource Corporation, New York, Revenue Bonds, South Bronx Charter School 
 
 
 
 
 
for International Cultures and the Arts Project, Series 2013A: 
 
 
 
215 
 
5.000%, 4/15/33 
4/23 at 100.00 
BB+ 
216,619 
310 
 
5.000%, 4/15/43 
4/23 at 100.00 
BB+ 
307,756 
1,175 
 
Dormitory Authority of the State of New York, General Revenue Bonds, Manhattan College, Series 
7/17 at 100.00 
AA 
1,178,819 
 
 
2007A, 5.000%, 7/01/41 – RAAI Insured 
 
 
 
415 
 
Dormitory Authority of the State of New York, General Revenue Bonds, Saint Johns University, 
7/23 at 100.00 
A– 
460,343 
 
 
Series 2013A, 5.000%, 7/01/44 
 
 
 
1,000 
 
Dormitory Authority of the State of New York, Housing Revenue Bonds, Fashion Institute of 
No Opt. Call 
AA– 
1,220,660 
 
 
Technology, Series 2007, 5.250%, 7/01/34 – FGIC Insured 
 
 
 
 
 
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University Dormitory 
 
 
 
 
 
Facilities, Series 2015A: 
 
 
 
235 
 
5.000%, 7/01/31 
7/25 at 100.00 
Aa3 
278,130 
265 
 
5.000%, 7/01/33 
7/25 at 100.00 
Aa3 
310,670 
 
 
Dormitory Authority of the State of New York, Revenue Bonds, Icahn School of Medicine at Mount 
 
 
 
 
 
Sinai, Refunding Series 2015A: 
 
 
 
1,330 
 
5.000%, 7/01/40 
7/25 at 100.00 
A– 
1,496,263 
2,180 
 
5.000%, 7/01/45 
7/25 at 100.00 
A– 
2,436,085 
1,955 
 
Dormitory Authority of the State of New York, Revenue Bonds, New School University, Series 
7/25 at 100.00 
A– 
2,206,824 
 
 
2015A, 5.000%, 7/01/45 
 
 
 
760 
 
Dormitory Authority of the State of New York, Revenue Bonds, New York University, Series 
7/25 at 100.00 
Aa2 
894,011 
 
 
2015A, 5.000%, 7/01/35 
 
 
 
2,385 
 
Dormitory Authority of the State of New York, Revenue Bonds, New York University, Series 
7/26 at 100.00 
Aa2 
2,790,689 
 
 
2016A, 5.000%, 7/01/39 
 
 
 
280 
 
Dormitory Authority of the State of New York, Revenue Bonds, Saint Joseph's College, Series 
7/20 at 100.00 
Ba1 
297,480 
 
 
2010, 5.250%, 7/01/35 
 
 
 
680 
 
Dormitory Authority of the State of New York, Revenue Bonds, Vaughn College of Aeronautics & 
12/26 at 100.00 
BB– 
699,251 
 
 
Technology, Series 2016A, 5.500%, 12/01/36 
 
 
 
580 
 
Glen Cove Local Economic Assistance Corporation, New York, Revenue Bonds, Garvies Point Public 
1/34 at 100.00 
N/R 
426,259 
 
 
Improvement Project, Capital Appreciation Series 2016C, 0.000%, 1/01/55 (4) 
 
 
 
300 
 
Hempstead Town Local Development Corporation, New York, Revenue Bonds, Adelphi University 
9/23 at 100.00 
A– 
335,037 
 
 
Project, Series 2013, 5.000%, 9/01/43 
 
 
 
880 
 
Hempstead Town Local Development Corporation, New York, Revenue Bonds, Molloy College Project, 
7/19 at 100.00 
BBB 
947,285 
 
 
Series 2009, 5.750%, 7/01/39 
 
 
 
 
 
Monroe County Industrial Development Corporation, New York, Revenue Bonds, St. John Fisher 
 
 
 
 
 
College, Series 2011: 
 
 
 
1,000 
 
6.000%, 6/01/30 
6/21 at 100.00 
A– 
1,133,330 
1,000 
 
6.000%, 6/01/34 
6/21 at 100.00 
A– 
1,125,540 
3,000 
 
Monroe County Industrial Development Corporation, New York, Revenue Bonds, University of 
7/21 at 100.00 
AA– 
3,353,070 
 
 
Rochester Project, Series 2011B, 5.000%, 7/01/41 
 
 
 
 
 
New Rochelle Corporation, New York, Local Development Revenue Bonds, Iona College Project, 
 
 
 
 
 
Series 2015A: 
 
 
 
25 
 
5.000%, 7/01/40 
7/25 at 100.00 
BBB 
27,454 
25 
 
5.000%, 7/01/45 
7/25 at 100.00 
BBB 
27,362 
 
 
New York City Industrial Development Agency, New York, PILOT Revenue Bonds, Queens Baseball 
 
 
 
 
 
Stadium Project, Series 2006: 
 
 
 
1,500 
 
5.000%, 1/01/39 – AMBAC Insured 
7/17 at 100.00 
BBB 
1,503,615 
1,175 
 
4.750%, 1/01/42 – AMBAC Insured 
7/17 at 100.00 
BBB 
1,176,069 
 
 
New York City Industrial Development Authority, New York, PILOT Revenue Bonds, Yankee Stadium 
 
 
 
 
 
Project, Series 2006: 
 
 
 
1,610 
 
4.500%, 3/01/39 – FGIC Insured 
7/17 at 100.00 
Baa1 
1,613,655 
800 
 
4.750%, 3/01/46 – NPFG Insured 
7/17 at 100.00 
AA– 
802,280 
1,345 
 
Tompkins County Development Corporation, New York, Revenue Bonds, Ithaca College, Series 2011, 
1/21 at 100.00 
A2 
1,496,259 
 
 
5.375%, 7/01/41 – AGM Insured 
 
 
 
300 
 
Troy Capital Resource Corporation, New York, Revenue Bonds, Rensselaer Polytechnic Institute, 
9/20 at 100.00 
A3 
329,346 
 
 
Series 2010A, 5.125%, 9/01/40 
 
 
 
29,415 
 
Total Education and Civic Organizations 
 
 
31,912,982 
 
 
Financials – 0.9% (0.9% of Total Investments) 
 
 
 
1,000 
 
New York Liberty Development Corporation, Revenue Bonds, Goldman Sachs Headquarters Issue, 
No Opt. Call 
A 
1,309,890 
 
 
Series 2007, 5.500%, 10/01/37 
 
 
 
 
 
Health Care – 1.0% (1.0% of Total Investments) 
 
 
 
350 
 
Dormitory Authority of the State of New York, Highland Hospital of Rochester Revenue Bonds, 
7/20 at 100.00 
A 
382,123 
 
 
Series 2010, 5.000%, 7/01/26 
 
 
 
290 
 
Livingston County Industrial Development Agency, New York, Civic Facility Revenue Bonds, 
7/17 at 100.00 
BB 
290,070 
 
 
Nicholas H. Noyes Hospital, Series 2005, 6.000%, 7/01/30 
 
 
 
250 
 
Suffolk County Economic Development Corporation, New York, Revenue Bonds, Catholic Health 
7/21 at 100.00 
A– 
275,443 
 
 
Services of Long Island Obligated Group Project, Refunding Series 2011, 5.000%, 7/01/28 
 
 
 
500 
 
Yonkers Industrial Development Agency, New York, Revenue Bonds, St. John's Riverside Hospital, 
7/17 at 100.00 
BB– 
500,935 
 
 
Series 2001A, 7.125%, 7/01/31 
 
 
 
155 
 
Yonkers Industrial Development Agency, New York, Revenue Bonds, St. John's Riverside Hospital, 
7/17 at 100.00 
BB– 
155,290 
 
 
Series 2001B, 7.125%, 7/01/31 
 
 
 
1,545 
 
Total Health Care 
 
 
1,603,861 
 
 
Housing/Multifamily – 1.7% (1.7% of Total Investments) 
 
 
 
195 
 
East Syracuse Housing Authority, New York, FHA-Insured Section 8 Assisted Revenue Refunding 
10/17 at 100.00 
AA 
195,725 
 
 
Bonds, Bennet Project, Series 2001A, 6.700%, 4/01/21 
 
 
 
1,000 
 
New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds, 
5/19 at 100.00 
AA+ 
1,053,800 
 
 
Series 2009C-1, 5.500%, 11/01/34 
 
 
 
1,250 
 
New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds, 
5/19 at 100.00 
AA+ 
1,286,000 
 
 
Series 2009M, 5.150%, 11/01/45 
 
 
 
2,445 
 
Total Housing/Multifamily 
 
 
2,535,525 
 
 
Industrials – 2.0% (1.9% of Total Investments) 
 
 
 
425 
 
Build New York City Resource Corporation, New York, Solid Waste Disposal Revenue Bonds, Pratt 
1/25 at 100.00 
N/R 
458,898 
 
 
Paper NY, Inc. Project, Series 2014, 5.000%, 1/01/35 (Alternative Minimum Tax) 
 
 
 
2,350 
 
New York Liberty Development Corporation, New York, Liberty Revenue Bonds, 3 World Trade 
11/24 at 100.00 
N/R 
2,526,814 
 
 
Center Project, Class 1 Series 2014, 5.000%, 11/15/44 
 
 
 
2,775 
 
Total Industrials 
 
 
2,985,712 
 
 
Long-Term Care – 0.5% (0.5% of Total Investments) 
 
 
 
270 
 
Dormitory Authority of the State of New York, Non-State Supported Debt, Ozanam Hall of Queens 
7/17 at 100.00 
Baa1 
270,281 
 
 
Nursing Home Revenue Bonds, Series 2006, 5.000%, 11/01/31 
 
 
 
170 
 
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Special 
7/17 at 100.00 
N/R 
169,390 
 
 
Needs Facilities Pooled Program, Series 2008A-1, 5.500%, 7/01/18 
 
 
 
235 
 
Suffolk County Industrial Development Agency, New York, Civic Facility Revenue Bonds, Special 
7/18 at 100.00 
N/R 
175,430 
 
 
Needs Facilities Pooled Program, Series 2008-B1, 5.800%, 7/01/23 
 
 
 
225 
 
Yonkers Industrial Development Agency, New York, Civic Facilities Revenue Bonds, Special Needs 
7/18 at 100.00 
N/R 
222,170 
 
 
Facilities Pooled Program Bonds, Series 2008-C1, 5.800%, 7/01/23 
 
 
 
900 
 
Total Long-Term Care 
 
 
837,271 
 
 
Tax Obligation/General – 2.1% (2.1% of Total Investments) 
 
 
 
1,930 
 
New York City, New York, General Obligation Bonds, Fiscal 2008 Series D-1, 5.125%, 12/01/25 
12/17 at 100.00 
AA 
1,971,225 
1,000 
 
New York City, New York, General Obligation Bonds, Fiscal 2014 Series A-1, 5.000%, 8/01/26 
8/23 at 100.00 
AA 
1,196,390 
90 
 
New York City, New York, General Obligation Bonds, Fiscal 2017 Series B-1, 5.000%, 12/01/41 
12/26 at 100.00 
AA 
105,433 
3,020 
 
Total Tax Obligation/General 
 
 
3,273,048 
 
 
Tax Obligation/Limited – 18.8% (18.6% of Total Investments) 
 
 
 
 
 
Dormitory Authority of the State of New York, Second General Resolution Consolidated Revenue 
 
 
 
 
 
Bonds, City University System, Series 1993A: 
 
 
 
430 
 
5.750%, 7/01/18 
No Opt. Call 
AA 
440,823 
1,400 
 
6.000%, 7/01/20 
No Opt. Call 
AA 
1,568,014 
2,290 
 
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, General 
2/22 at 100.00 
AAA 
2,612,478 
 
 
Purpose Series 2012D, 5.000%, 2/15/37 
 
 
 
 
 
Dormitory Authority of the State of New York, State Sales Tax Revenue Bonds, Series 2015B. 
 
 
 
 
 
Group A,B&C: 
 
 
 
1,000 
 
5.000%, 3/15/32 
9/25 at 100.00 
AAA 
1,200,160 
640 
 
5.000%, 3/15/35 
9/25 at 100.00 
AAA 
757,510 
2,500 
 
Government of Guam, Business Privilege Tax Bonds, Refunding Series 2015D, 5.000%, 11/15/28 
11/25 at 100.00 
A 
2,815,025 
1,500 
 
Metropolitan Transportation Authority, New York, Dedicated Tax Fund Bonds, Series 2009B, 
11/19 at 100.00 
AA 
1,649,310 
 
 
5.000%, 11/15/34 
 
 
 
1,200 
 
New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds, Fiscal 
7/17 at 100.00 
AA 
1,210,596 
 
 
Series 2007S-2, 5.000%, 1/15/28 – FGIC Insured 
 
 
 
1,500 
 
New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds, Fiscal 
1/19 at 100.00 
AA 
1,594,635 
 
 
Series 2009-S5, 5.250%, 1/15/39 
 
 
 
3,000 
 
New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds, Fiscal 
7/25 at 100.00 
AA 
3,476,430 
 
 
Series 2015S-2, 5.000%, 7/15/40 
 
 
 
1,680 
 
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Subordinate 
5/23 at 100.00 
AAA 
1,935,578 
 
 
Fiscal 2013 Series I, 5.000%, 5/01/38 
 
 
 
1,225 
 
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Subordinate 
2/24 at 100.00 
AAA 
1,417,644 
 
 
Fiscal 2014 Series D-1, 5.000%, 2/01/35 
 
 
 
2,450 
 
New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Series 2005B, 5.500%, 
No Opt. Call 
AA+ 
2,759,778 
 
 
4/01/20 – AMBAC Insured (UB) (5) 
 
 
 
600 
 
New York State Urban Development Corporation, Special Project Revenue Bonds, University 
No Opt. Call 
AA 
680,076 
 
 
Facilities Grants, Series 1995, 5.875%, 1/01/21 
 
 
 
20,000 
 
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Series 2007A, 0.000%, 
No Opt. Call 
AA– 
4,533,999 
 
 
8/01/43 – NPFG Insured 
 
 
 
41,415 
 
Total Tax Obligation/Limited 
 
 
28,652,056 
 
 
Transportation – 24.3% (24.1% of Total Investments) 
 
 
 
2,500 
 
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Refunding 
11/25 at 100.00 
AA– 
2,976,300 
 
 
Series 2015D-1, 5.000%, 11/15/30 
 
 
 
3,500 
 
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2012E, 
11/22 at 100.00 
AA– 
3,949,329 
 
 
5.000%, 11/15/42 
 
 
 
1,100 
 
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2013E, 
11/23 at 100.00 
AA– 
1,275,791 
 
 
5.000%, 11/15/31 
 
 
 
2,000 
 
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2014B, 
5/24 at 100.00 
AA– 
2,338,000 
 
 
5.250%, 11/15/38 
 
 
 
5,000 
 
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2016C-1, 
11/26 at 100.00 
AA– 
5,931,049 
 
 
5.000%, 11/15/34 
 
 
 
1,500 
 
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Bronx 
10/17 at 102.00 
N/R 
482,010 
 
 
Parking Development Company, LLC Project, Series 2007, 5.875%, 10/01/46 (6) 
 
 
 
660 
 
New York Liberty Development Corporation, New York, Liberty Revenue Bonds, 4 World Trade 
11/21 at 100.00 
A+ 
734,752 
 
 
Center Project, Series 2011, 5.000%, 11/15/44 
 
 
 
 
 
New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, 
 
 
 
 
 
American Airlines, Inc. John F Kennedy International Airport Project, Refunding Series 2016: 
 
 
 
765 
 
5.000%, 8/01/26 (Alternative Minimum Tax) 
8/21 at 100.00 
BB– 
824,915 
2,020 
 
5.000%, 8/01/31 (Alternative Minimum Tax) 
8/21 at 100.00 
BB– 
2,155,158 
2,630 
 
New York Transportation Development Corporation, Special Facilities Bonds, LaGuardia Airport 
7/24 at 100.00 
BBB 
2,875,537 
 
 
Terminal B Redevelopment Project, Series 2016A, 5.000%, 7/01/46 (Alternative Minimum Tax) 
 
 
 
5,900 
 
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred 
5/25 at 100.00 
AA– 
6,824,880 
 
 
Eighty-Ninth Series 2015, 5.000%, 5/01/40 
 
 
 
1,575 
 
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Seventy 
12/23 at 100.00 
AA– 
1,809,880 
 
 
Ninth Series 2013, 5.000%, 12/01/43 
 
 
 
 
 
Port Authority of New York and New Jersey, Special Project Bonds, JFK International Air 
 
 
 
 
 
Terminal LLC Project, Eighth Series 2010: 
 
 
 
225 
 
6.500%, 12/01/28 
7/17 at 100.00 
Baa1 
228,740 
1,160 
 
6.000%, 12/01/36 
12/20 at 100.00 
Baa1 
1,310,974 
2,000 
 
Triborough Bridge and Tunnel Authority, New York, General Purpose Revenue Bonds, Refunding 
5/26 at 100.00 
AA– 
2,351,560 
 
 
Series 2016A, 5.000%, 11/15/41 
 
 
 
780 
 
Triborough Bridge and Tunnel Authority, New York, General Purpose Revenue Bonds, Refunding 
No Opt. Call 
AA– 
902,093 
 
 
Subordinate Lien Series 2002E, 5.500%, 11/15/20 – NPFG Insured 
 
 
 
33,315 
 
Total Transportation 
 
 
36,970,968 
 
 
U.S. Guaranteed – 11.3% (11.2% of Total Investments) (7) 
 
 
 
990 
 
Albany Industrial Development Agency, New York, Revenue Bonds, Saint Peter's Hospital, Series 
11/17 at 100.00 
N/R (7) 
1,012,255 
 
 
2008D, 5.750%, 11/15/27 (Pre-refunded 11/15/17) 
 
 
 
1,350 
 
Brooklyn Arena Local Development Corporation, New York, Payment in Lieu of Taxes Revenue 
1/20 at 100.00 
AA+ (7) 
1,532,871 
 
 
Bonds, Barclays Center Project, Series 2009, 6.250%, 7/15/40 (Pre-refunded 1/15/20) 
 
 
 
 
 
Dormitory Authority of the State of New York, Orange Regional Medical Center Obligated Group 
 
 
 
 
 
Revenue Bonds, Series 2008: 
 
 
 
1,060 
 
6.500%, 12/01/21 (Pre-refunded 12/01/18) 
12/18 at 100.00 
Baa3 (7) 
1,132,864 
565 
 
6.125%, 12/01/29 (Pre-refunded 12/01/18) 
12/18 at 100.00 
Baa3 (7) 
608,799 
1,155 
 
6.250%, 12/01/37 (Pre-refunded 12/01/18) 
12/18 at 100.00 
Baa3 (7) 
1,247,908 
525 
 
Dormitory Authority of the State of New York, Revenue Bonds, New School University, Series 
7/20 at 100.00 
A– (7) 
591,040 
 
 
2010, 5.250%, 7/01/30 (Pre-refunded 7/01/20) 
 
 
 
2,100 
 
Dormitory Authority of the State of New York, Revenue Bonds, NYU Hospitals Center, Series 
7/20 at 100.00 
A– (7) 
2,411,787 
 
 
2011A, 6.000%, 7/01/40 (Pre-refunded 7/01/20) 
 
 
 
1,365 
 
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2008A, 
11/17 at 100.00 
AA– (7) 
1,392,587 
 
 
5.250%, 11/15/36 (Pre-refunded 11/15/17) 
 
 
 
1,635 
 
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2008A, 
11/17 at 100.00 
N/R (7) 
1,668,043 
 
 
5.250%, 11/15/36 (Pre-refunded 11/15/17) 
 
 
 
325 
 
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Forty 
8/17 at 100.00 
AA (7) 
336,323 
 
 
Eighth Series 2008, Tender Option Bond Trust 2015-XF2178, 15.809%, 8/15/32 (Pre-refunded 
 
 
 
 
 
8/15/17) – AGM Insured (IF) (5) 
 
 
 
2,830 
 
New York City, New York, General Obligation Bonds, Fiscal 2008 Series D-1, 5.125%, 12/01/25 
12/17 at 100.00 
N/R (7) 
2,891,270 
 
 
(Pre-refunded 12/01/17) 
 
 
 
2,100 
 
New York State Environmental Facilities Corporation, State Personal Income Tax Revenue Bonds, 
12/17 at 100.00 
AAA 
2,147,817 
 
 
Series 2008A, 5.000%, 12/15/27 (Pre-refunded 12/15/17) (UB) 
 
 
 
170 
 
Seneca County Industrial Development Authority, New York, Revenue Bonds, New York Chiropractic 
10/17 at 100.00 
N/R (7) 
172,375 
 
 
College, Series 2007, 5.000%, 10/01/27 (Pre-refunded 10/01/17) 
 
 
 
45 
 
Suffolk County Economic Development Corporation, New York, Revenue Bonds, Catholic Health 
7/21 at 100.00 
N/R (7) 
52,106 
 
 
Services of Long Island Obligated Group Project, Refunding Series 2011, 5.000%, 7/01/28 
 
 
 
 
 
(Pre-refunded 7/01/21) 
 
 
 
16,215 
 
Total U.S. Guaranteed 
 
 
17,198,045 
 
 
Utilities – 8.2% (8.1% of Total Investments) 
 
 
 
1,000 
 
Chautauqua County Industrial Development Agency, New York, Exempt Facility Revenue Bonds, 
2/20 at 100.00 
Baa3 
1,049,630 
 
 
NRG Dunkirk Power Project, Series 2009, 5.875%, 4/01/42 
 
 
 
90 
 
Guam Power Authority, Revenue Bonds, Series 2012A, 5.000%, 10/01/34 
10/22 at 100.00 
BBB 
95,702 
135 
 
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2014A, 
9/24 at 100.00 
A– 
152,564 
 
 
5.000%, 9/01/44 
 
 
 
400 
 
Long Island Power Authority, New York, Electric System Revenue Bonds, Series 2011A, 
5/21 at 100.00 
A– 
445,148 
 
 
5.000%, 5/01/38 
 
 
 
1,250 
 
Long Island Power Authority, New York, Electric System Revenue Bonds, Series 2012A, 
9/22 at 100.00 
A– 
1,393,688 
 
 
5.000%, 9/01/37 
 
 
 
2,490 
 
Niagara Area Development Corporation, New York, Solid Waste Disposal Facility Revenue 
11/17 at 100.00 
BB+ 
2,503,097 
 
 
Refunding Bonds, Covanta Energy Project, Series 2012A, 5.250%, 11/01/42 (Alternative 
 
 
 
 
 
Minimum Tax) 
 
 
 
400 
 
Suffolk County Industrial Development Agency, New York, Revenue Bonds, Nissequogue 
7/17 at 100.00 
N/R 
400,036 
 
 
Cogeneration Partners Facility, Series 1998, 5.500%, 1/01/23 (Alternative Minimum Tax) 
 
 
 
 
 
Utility Debt Securitization Authority, New York, Restructuring Bonds, Series 2013TE: 
 
 
 
4,440 
 
5.000%, 12/15/34 
12/23 at 100.00 
AAA 
5,205,055 
1,100 
 
5.000%, 12/15/41 
12/23 at 100.00 
AAA 
1,275,725 
11,305 
 
Total Utilities 
 
 
12,520,645 
 
 
Water and Sewer – 4.4% (4.5% of Total Investments) 
 
 
 
300 
 
Buffalo Municipal Water Finance Authority, New York, Water System Revenue Bonds, Refunding 
7/25 at 100.00 
A 
351,828 
 
 
Series 2015A, 5.000%, 7/01/29 
 
 
 
 
 
New York State Environmental Facilities Corporation, State Clean Water and Drinking Water 
 
 
 
 
 
Revolving Funds Revenue Bonds, New York City Municipal Water Finance Authority Projects, 
 
 
 
 
 
Second Resolution Subordinated SRF Series 2015A: 
 
 
 
2,100 
 
5.000%, 6/15/36 
6/25 at 100.00 
AAA 
2,500,386 
2,500 
 
5.000%, 6/15/40 
6/25 at 100.00 
AAA 
2,954,575 
1,000 
 
New York State Environmental Facilities Corporation, State Revolving Funds Revenue Bonds, 2010 
2/22 at 100.00 
AAA 
1,116,420 
 
 
Master Financing Program, Series 2012B, 5.000%, 2/15/42 
 
 
 
5,900 
 
Total Water and Sewer 
 
 
6,923,209 
$ 156,185 
 
Total Long-Term Investments (cost $144,644,015) 
 
 
153,706,902 
 
 
Floating Rate Obligations – (2.1)% 
 
 
(3,255,000) 
 
 
Other Assets Less Liabilities – 1.4% 
 
 
2,248,518 
 
 
Net Assets Applicable to Common Shares – 100% 
 
 
$ 152,700,420 


Fair Value Measurements
Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. A three-tier hierarchy is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity's own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
Level 1 – Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3 – Prices are determined using significant unobservable inputs (including management's assumptions in determining the fair value of investments).
The inputs or methodologies used for valuing securities are not an indication of the risk associated with investing in those securities. The following is a summary of the Fund's fair value measurements as of the end of the reporting period:
 
Level 1 
Level 2 
Level 3 
Total 
Long-Term Investments: 
 
 
 
 
Municipal Bonds 
$ — 
$153,706,902 
$ — 
$153,706,902 
 
Income Tax Information
The following information is presented on an income tax basis. Differences between amounts for financial statement and federal income tax purposes are primarily due to timing differences in recognizing taxable market discount, timing differences in recognizing certain gains and losses on investment transactions and the treatment of investments in inverse floating rate securities reflected as financing transactions, if any. To the extent that differences arise that are permanent in nature, such amounts are reclassified within the capital accounts on the Statement of Assets and Liabilities presented in the annual report, based on their federal tax basis treatment; temporary differences do not require reclassification. Temporary and permanent differences do not impact the net asset value of the Fund.
As of May 31, 2017, the cost of investments was $141,131,247.
Gross unrealized appreciation and gross unrealized depreciation of investments as of May 31, 2017, were as follows:
   
Gross unrealized: 
 
Appreciation 
$10,240,903 
Depreciation 
(921,523) 
Net unrealized appreciation (depreciation) of investments 
$ 9,319,380 
 
(1) 
 
All percentages shown in the Portfolio of Investments are based on net assets applicable to common 
 
 
shares unless otherwise noted. 
(2) 
 
Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. 
 
 
There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities 
 
 
may be subject to periodic principal paydowns. 
(3) 
 
For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor's Group 
 
 
("Standard & Poor's"), Moody's Investors Service, Inc. ("Moody's") or Fitch, Inc. ("Fitch") rating. This 
 
 
treatment of split-rated securities may differ from that used for other purposes, such as for Fund 
 
 
investment policies. 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) 
 
Step-up coupon. The rate shown is the coupon as of the end of the reporting period. 
(5) 
 
Investment, or portion of investment, has been pledged to collateralize the net payment obligations for 
 
 
investments in inverse floating rate transactions. 
(6) 
 
As of, or subsequent to, the end of the reporting period, this security is non-income producing. Non-income 
 
 
producing, in the case of a fixed-income security, generally denotes that the issuer has (1) defaulted on 
 
 
the payment of principal or interest, (2) is under the protection of the Federal Bankruptcy Court or (3) the 
 
 
Fund's Adviser has concluded that the issue is not likely to meet its future interest payment obligations 
 
 
and has ceased accruing additional income on the Fund's records. 
(7) 
 
Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities, 
 
 
which ensure the timely payment of principal and interest. Certain bonds backed by U.S. Government or 
 
 
agency securities are regarded as having an implied rating equal to the ratings of such securities. 
(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 Municipal Value Fund, Inc. 
 
By (Signature and Title) /s/ Gifford R. Zimmerman            
       Gifford R. Zimmerman
     Vice President and Secretary
                                         
Date:         July 28, 2017        
 
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/ Cedric H. Antosiewicz            
       Cedric H. Antosiewicz
     Chief Administrative Officer (principal executive officer)
                        
Date:         July 28, 2017        
 
By (Signature and Title) /s/ Stephen D. Foy                         
 
     Stephen D. Foy
     Vice President and Controller (principal financial officer)
                                                                                         
Date:         July 28, 2017