N-Q
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number 811-6537
Van Kampen Trust For Investment Grade New York Municipals
 
(Exact name of registrant as specified in charter)
522 Fifth Avenue, New York, New York    10036
 
(Address of principal executive offices)      (Zip code)
Edward C. Wood III
522 Fifth Avenue, New York, New York 10036
 
(Name and address of agent for service)
Registrant’s telephone number, including area code: 212-762-4000
Date of fiscal year end: 10/31
Date of reporting period: 1/31/09
 
 

 

 

Item 1. Schedule of Investments.
The Trust’s schedule of investments as of the close of the reporting period prepared pursuant to Rule 12-12 of Regulation S-X is as follows:
Van Kampen Trust for Investment Grade New York Municipals
Portfolio of Investments • January 31, 2009 (Unaudited)
                                 
Par                        
Amount                        
(000)     Description   Coupon     Maturity     Value  
 
       
 
                        
       
Municipal Bonds 193.8%
                        
       
New York 184.9%
                        
$ 1,750    
Albany, NY Indl Dev Agy Civic Fac Rev Saint Peters Hosp Proj, Ser A   
     5.250 %     11/15/32     $ 1,222,252  
  1,000    
Albany, NY Indl Dev Agy Civic Fac Rev Saint Peters Hosp Proj, Ser D
     5.750       11/15/27        807,420  
  1,000    
Amherst, NY Indl Dev Agy Civic Fac Rev UBF Fac Student Hsg, Ser A (AMBAC Insd)   
     5.750       08/01/25        1,009,130  
  1,000    
Amherst, NY Indl Dev Agy Civic Fac Rev UBF Fac Student Hsg, Ser B (AMBAC Insd)   
     5.750       08/01/30        997,550  
  1,000    
Broome Cnty, NY Indl Dev Agy Continuing Care Retirement Good Shepard Vlg, Ser A   
     6.750       07/01/28        736,190  
  1,300    
Broome Cnty, NY Indl Dev Agy Continuing Care Retirement Good Shepard Vlg, Ser A   
     6.875       07/01/40        869,882  
  990    
Dutchess Cnty, NY Indl Dev Agy Civic Fac Rev Elant Fishkill Inc, Ser A   
     5.250       01/01/37        537,709  
  2,400    
East Rochester, NY Hsg Auth Rev Sr Living Woodland Vlg Proj Rfdg   
     5.500       08/01/33        1,435,464  
  1,250    
Erie Cnty, NY Indl Dev Agy Sch Fac Rev City of Buffalo Proj (FSA Insd)   
     5.750       05/01/23        1,318,350  
  1,000    
Erie Cnty, NY Pub Impt, Ser C (AMBAC Insd) (Prerefunded @ 7/01/10) 
    5.500       07/01/29        1,078,990  
  1,000    
Essex Cnty, NY Indl Dev Agy Rev Intl Paper Rfdg, Ser A (AMT)   
     5.200       12/01/23        638,490  

 

 

                                 
Par                        
Amount                        
(000)     Description   Coupon     Maturity     Value  
 
       
 
                        
       
New York (continued) 
                        
$ 10,000    
Haverstraw Stony Point NY Cent Sch Dist (FSA Insd)   
     4.500 %     10/15/34     $ 8,624,400  
  1,500    
Hempstead Town, NY Indl Dev Agy Civic Fac Rev Adelphi Univ Civic Fac   
     5.000       10/01/30        1,382,430  
  2,000    
Islip, NY Res Recovery Agy Rev 1985 Fac, Ser B (AMBAC Insd) (AMT)   
     7.250       07/01/11        2,147,680  
  3,000    
Liberty, NY Dev Corp Rev Goldman Sachs Headquarters   
     5.250       10/01/35        2,435,520  
  1,935    
Madison Cnty, NY Indl Dev Agy Civic Fac Rev Colgate Univ Proj, Ser A (AMBAC Insd)   
     5.000       07/01/35        1,816,307  
  750    
Madison Cnty, NY Indl Dev Agy Civic Fac Rev Oneida Hlth Sys Inc Proj, Ser A 
     5.500       02/01/32        552,022  
  1,000    
Madison Cnty, NY Indl Dev Agy Morrisville St College Fndtn, Ser A (CIFG Insd) 
     5.000       06/01/28        781,320  
  4,000    
Metropolitan Trans Auth NY Rev Rfdg, Ser A (AMBAC Insd)   
     5.500       11/15/19        4,249,840  
  10,000    
Metropolitan Trans Auth NY Rev, Ser B (BHAC Insd) (a)  
     5.000       11/15/31        9,945,650  
  4,000    
Metropolitan Trans Auth NY Svc Contract Rfdg, Ser A   
     5.125       01/01/29        3,824,280  
  1,500    
Montgomery Cnty, NY Indl Dev Agy Lease Rev HFM Boces, Ser A (Syncora Gtd)   
     5.000       07/01/34        1,100,280  
  8,000    
Nassau Cnty, NY Indl Dev Agy Continuing Care Retirement Amsterdam at Harborside, Ser A 
     6.700       01/01/43        5,548,400  

 

 

                                 
Par                        
Amount                        
(000)     Description   Coupon     Maturity     Value  
 
       
 
                        
       
New York (continued)
                       
$ 10,000    
New York City Indl Dev Agy Civic Fac Rev Polytechnic Univ Proj (ACA Insd)   
     5.250 %     11/01/37     $ 7,122,200  
  3,750    
New York City Indl Dev Agy Rev Liberty 7 World Trade Ctr Proj, Ser B 
     6.750       03/01/15        3,221,362  
  3,375    
New York City Indl Dev Agy Rev Liberty Iac/Interactive Corp.
     5.000       09/01/35        2,043,022  
  2,000    
New York City Indl Dev Agy Rev Queens Baseball Stadium Pilot (AGL Insd) (b)  
     6.500       01/01/46        2,036,420  
  3,710    
New York City Indl Dev Agy Spl Fac Rev Term One Group Assn Proj (AMT)   
     5.500       01/01/19        3,460,911  
  3,000    
New York City Indl Dev Agy Spl Fac Rev Term One Group Assn Proj (AMT)   
     5.500       01/01/20        2,744,790  
  5,750    
New York City Indl Dev Agy Spl Fac Rev Term One Group Assn Proj (AMT)   
     5.500       01/01/21        5,139,293  
  1,450    
New York City Indl Dev Civic Fac Rev YMCA Gtr NY Proj   
     5.800       08/01/16        1,453,233  
  2,000    
New York City Muni Wtr Fin Auth Wtr & Swr Sys Rev, Ser B (FSA Insd) 
     5.000       06/15/29        1,984,740  
  2,250    
New York City Muni Wtr Fin Auth Wtr & Swr Sys Rev, Ser C   
     5.000       06/15/31        2,179,192  
  10,000    
New York City Muni Wtr Fin Auth Wtr & Swr Sys Rev, Ser C (a)  
     5.000       06/15/31        9,685,500  
  12,000    
New York City Muni Wtr Fin Auth Wtr & Swr Sys Rev, Ser D (a)  
     5.000       06/15/37        11,474,280  
  2,650    
New York City Muni Wtr Fin, Ser B   
     6.000       06/15/33        2,822,700  
  3,300    
New York City, Ser F1 
     5.500       11/15/28        3,352,140  
  2,000    
New York City, Ser G 
     5.000       12/01/25        1,973,440  

 

 

                                 
Par                        
Amount                        
(000)     Description   Coupon     Maturity     Value  
 
       
 
                        
       
New York (continued) 
                        
$ 1,400    
New York City, Ser G 
     5.000 %     12/01/26     $ 1,372,392  
  10    
New York City, Ser K (Prerefunded @ 8/01/09) 
     5.625       08/01/13        10,362  
  10,000    
New York City, Subser I-1 (a)
     5.000       02/01/26        9,809,350  
  10,000    
New York City, Subser L-1 (a)
     5.000       04/01/27        9,731,750  
  6,250    
New York City Transitional Cultural Res Rev Amern Museum Nat History Rfdg, Ser A (MBIA Insd) 
     5.000       07/01/44        5,866,250  
  1,000    
New York City Transitional Fin Auth Bldg Aid Rev Fiscal 2009, Ser S-3
     5.250       01/15/39        959,220  
  1,000    
New York St Dorm Auth Lease Rev Master Boces Pgm, Ser A (FSA Insd) 
     5.250       08/15/17        1,071,880  
  5,200    
New York St Dorm Auth Rev Catholic Hlth L.I. Oblig Group   
     5.000       07/01/27        3,970,564  
  2,750    
New York St Dorm Auth Rev Catholic Hlth L.I. Oblig Group   
     5.100       07/01/34        1,947,247  
  3,500    
New York St Dorm Auth Rev City Univ Cons Third, Ser 1 (FGIC Insd)   
     5.250       07/01/25        3,508,365  
  3,125    
New York St Dorm Auth Rev City Univ Sys Cons, Ser A   
     5.625       07/01/16        3,548,094  
  2,500    
New York St Dorm Auth Rev Cons City Univ Sys Second Gen, Ser A   
     5.750       07/01/13        2,678,250  
  1,670    
New York St Dorm Auth Rev Dept Ed   
     5.250       07/01/19        1,814,372  
  2,500    
New York St Dorm Auth Rev Dept Hlth, Ser A (CIFG Insd) 
     5.000       07/01/25        2,397,150  

 

 

                                 
Par                        
Amount                        
(000)     Description   Coupon     Maturity     Value  
 
       
 
                        
       
New York (continued) 
                        
$ 2,200    
New York St Dorm Auth Rev Grace Manor Hlthcare Fac (SONYMA Insd)
     6.150 %     07/01/18     $ 2,202,926  
  3,800    
New York St Dorm Auth Rev Hosp (MBIA Insd)
     5.000       08/01/33        3,298,818  
  2,340    
New York St Dorm Auth Rev Insd Brooklyn Law Sch, Ser B (Syncora Gtd)
     5.375       07/01/23        2,342,621  
  1,000    
New York St Dorm Auth Rev Insd John T Mather Mem Hosp Rfdg (Connie Lee Insd)
     6.500       07/01/10        1,043,630  
  1,720    
New York St Dorm Auth Rev Insd John T Mather Mem Hosp Rfdg (Connie Lee Insd)
     6.500       07/01/11        1,826,520  
  3,750    
New York St Dorm Auth Rev Mem Sloan Kettering Cancer Center, (MBIA Insd)
     5.500       07/01/23        4,086,150  
  2,100    
New York St Dorm Auth Rev Non St Supported Debt Columbia Univ
     5.000       07/01/38        2,112,453  
  2,000    
New York St Dorm Auth Rev Non St Supported Debt Insd Providence Rest (ACA Insd)
     5.000       07/01/35        1,037,360  
  2,525    
New York St Dorm Auth Rev Non St Supported Debt Insd Providence Rest (ACA Insd)
     5.125       07/01/30        1,479,170  
  4,000    
New York St Dorm Auth Rev Non St Supported Debt L.I. Jewish, Ser A
     5.000       11/01/26        3,540,400  
  4,000    
New York St Dorm Auth Rev Non St Supported Debt L.I. Jewish, Ser A
     5.000       11/01/34        3,235,160  
  1,455    
New York St Dorm Auth Rev Non St Supported Debt Mental Hlth Svc, Ser B (MBIA Insd)
     5.250       08/15/31        1,414,507  

 

 

                                 
Par                        
Amount                        
(000)     Description   Coupon     Maturity     Value  
 
       
 
                        
       
New York (continued) 
                        
$ 5,000    
New York St Dorm Auth Rev Non St Supported Debt NYU Hosp Ctr, Ser A   
     5.000 %     07/01/36     $ 2,768,550  
  2,870    
New York St Dorm Auth Rev Non St Supported Debt NY Univ Ser C   
     5.000       07/01/38        2,734,077  
  3,000    
New York St Dorm Auth Rev Non St Supported Debt Orange Reg Med Ctr   
     6.500       12/01/21        2,524,800  
  2,000    
New York St Dorm Auth Rev Non St Supported Debt Sch Dist Fin Prog, Ser B (FSA Insd)   
     5.000       04/01/36        1,911,200  
  2,000    
New York St Dorm Auth Rev Non St Supported Debt Sch Dist Fin Prog, Ser D   
     5.750       10/01/24        2,139,080  
  3,000    
New York St Dorm Auth Rev Sec Hosp North Gen Hosp Rfdg   
     5.750       02/15/18        3,198,240  
  2,205    
New York St Dorm Auth Rev St Supported Debt Lease St Univ Dorm Fac, Ser A   
     5.000       07/01/25        2,222,221  
  3,000    
New York St Dorm Auth Rev St Supported Debt Mental Hlth Svc Fac Impt, Ser A (FSA Insd)   
     5.000       02/15/27        2,964,810  
  2,000    
New York St Dorm Auth Rev St Supported Debt Mental Hlth Svc, Ser C (FSA Insd) (AMT)   
     5.250       02/15/28        1,746,860  
  1,000    
New York St Dorm Auth Rev St Univ Ed Fac 1989 Res (MBIA Insd) (Prerefunded @ 5/15/10)   
     6.000       05/15/15        1,079,930  

 

 

                                 
Par                        
Amount                        
(000)     Description   Coupon     Maturity     Value  
 
       
 
                        
       
New York (continued) 
                        
$ 3,600    
New York St Dorm Auth Rev St Univ Ed Fac, Ser A (MBIA Insd)   
     5.250 %     05/15/15     $ 4,181,544  
  5,010    
New York St Dorm Auth Rev St Univ Ed Fac, Ser B   
     5.250       05/15/19        5,648,324  
  300    
New York St Environmental Fac Corp Pollutn Ctl Rev St Wtr Revolving Fd, Ser A (POL CTL-SRF Insd) (c)  
     5.750       06/15/12        345,441  
  500    
New York St Environmental Fac Corp Pollutn Ctl Rev St Wtr, Ser 02 (POL CTL-SRF Insd) (c)  
     5.750       06/15/12        575,735  
  95    
New York St Environmental Fac Corp Pollutn Ctl Rev St Wtr, Ser 02 (POL CTL-SRF Insd)   
     5.750       06/15/12        107,345  
  1,000    
New York St Environmental Fac Corp St Clean Wtr & Drinking Revolving Fd Muni Wtr Proj, Ser B   
     5.250       06/15/20        1,055,370  
  2,500    
New York St Hsg Fin Agy Rev Affordable Hsg, Ser B (AMT)   
     5.300       11/01/37        2,233,225  
  875    
New York St Mtg Agy Rev Homeowner Mtg, Ser 71 (AMT)   
     5.400       04/01/29        808,211  
  7,280    
New York St Mtg Agy Rev Homeowner Mtg, Ser 79 (AMT)   
     5.300       04/01/29        6,640,234  
  670    
New York St Mtg Agy Rev Homeowner Mtg, Ser 101 (AMT)   
     5.400       04/01/32        613,713  
  1,555    
New York St Mtg Agy Rev Homeowner Mtg, Ser 145 (AMT)   
     5.050       10/01/29        1,371,152  
  2,000    
New York St Twy Auth Second Gen Hwy & Brdg Tr Fd, Ser B 
     5.000       04/01/26        2,007,480  

 

 

                                 
Par                        
Amount                        
(000)     Description   Coupon     Maturity     Value  
 
       
 
                        
       
New York (continued)
                       
$ 2,000    
New York St Twy Auth Second Gen Hwy & Brdg Tr Fd, Ser B 
     5.000 %     04/01/27     $ 1,988,060  
  1,625    
New York St Urban Dev Corp Rev Correctional Fac Rfdg   
     5.500       01/01/13        1,823,981  
  4,650    
New York St Urban Dev Corp Rev Correctional Fac Rfdg, Ser A   
     5.500       01/01/14        5,298,815  
  3,570    
Niagara Falls, NY Frontier Auth Trans Arpt Rev Buffalo Niagara Intl Arpt, Ser A (MBIA Insd) (AMT)   
     5.625       04/01/29        3,088,300  
  1,060    
Niagara Falls, NY Wtr Treatment Plant (MBIA Insd) (AMT)   
     7.250       11/01/10        1,176,081  
  35,000    
Port Auth NY & NJ Cons 144th  (a)  
     5.000       10/01/35        34,491,275  
  10,000    
Porth Auth NY & NJ Cons 152nd (AMT) (a)  
     5.000       11/01/25        9,375,300  
  2,000    
Port Auth NY & NJ Spl Oblig Rev Spl Proj JFK Intl Arpt Term 6 (MBIA Insd) (AMT)   
     5.750       12/01/22        1,617,920  
  2,500    
Port Auth NY & NJ Spl Oblig Rev Spl Proj JFK Intl Arpt Term 6 (MBIA Insd) (AMT)   
     5.750       12/01/25        1,927,875  
  1,000    
Rockland Cnty, NY Solid Waste Mgmt Auth, Ser B (AMBAC Insd) (AMT)   
     5.125       12/15/28        838,890  
  1,000    
Saratoga Cnty, NY Indl Dev Agy Civic Fac Rev Saratoga Hosp Proj, Ser B   
     5.125       12/01/27        812,980  
  650    
Saratoga Cnty, NY Indl Dev Agy Civic Fac Rev Saratoga Hosp Proj, Ser B   
     5.250       12/01/32        502,554  
  1,000    
Saratoga Cnty, NY Wtr Auth Wtr Sys   
     5.000       09/01/33        960,320  

 

 

                                 
Par                        
Amount                        
(000)     Description   Coupon     Maturity     Value  
 
       
 
                        
       
New York (continued) 
                        
$ 1,500    
Saratoga Cnty, NY Wtr Auth Wtr Sys   
     5.000 %     09/01/38     $ 1,428,795  
  1,250    
Sodus, NY Ctr Sch Dist Rfdg (MBIA Insd)   
     5.125       06/15/17        1,353,800  
  2,170    
Suffolk Cnty, NY Indl Dev Agy Civic Fac Rev Eastrn Long Island Hosp Assn (d)  
     5.375       01/01/27        1,387,954  
  1,000    
Tobacco Settlement Fin Corp NY, Ser B   
     5.500       06/01/22        1,019,980  
  1,815    
Triborough Brdg & Tunl Auth NY Rev Gen Purp, Ser A   
     5.000       01/01/32        1,761,911  
  1,600    
Triborough Brdg & Tunl Auth NY Rev Gen Purp, Ser B   
     5.125       11/15/29        1,603,968  
  5,000    
Tsasc, Inc NY, Ser 1 
     5.000       06/01/34        3,177,700  
  13,250    
Tsasc, Inc NY, Ser 1 
     5.125       06/01/42        8,272,240  
  1,360    
Warren & Washington Cnty, NY Indl Dev Agy Civic Fac Rev Glens Falls Hosp Proj, Ser A (FSA Insd)   
     5.000       12/01/35        1,144,685  
  5,000    
Westchester Cnty, NY Indl Dev Agy Continuing Care Retirement Mtg Kendal on Hudson Proj, Ser A (Prerefunded @ 1/01/13)   
     6.500       01/01/34        6,008,400  
  7,000    
Westchester Tob Asset Sec Corp NY   
     5.125       06/01/45        4,334,050  
       
 
                      
       
 
                      334,331,116  
       
 
                      
       
 
                        
       
Guam 0.1%
                        
  365    
Guam Govt, Ser A 
     5.250       11/15/37        237,681  
       
 
                      
       
 
                        
       
Puerto Rico 6.1%
                        
  8,000    
Puerto Rico Comwlth Hwy & Trans Auth Hwy Rev Rfdg, Ser Y (FSA Insd) (b)
     6.250       07/01/21        9,113,360  

 

 

                                 
Par                        
Amount                        
(000)     Description   Coupon     Maturity     Value  
 
       
 
                        
       
Puerto Rico (continued) 
                        
$ 1,000    
Puerto Rico Elec Pwr Auth Rev, Ser WW   
     5.000 %     07/01/28     $  822,420  
  1,000    
Puerto Rico Elec Pwr Auth Rev, Ser WW   
     5.500       07/01/21        953,660  
  75    
Puerto Rico Pub Bldgs Auth Rev Govt Fac, Ser I (Comwlth Gtd) (Prerefunded @ 7/01/14)   
     5.250       07/01/33        85,944  
       
 
                      
       
 
                      10,975,384  
       
 
                      
       
U.S. Virgin Islands 2.7%
                        
  1,500    
Virgin Islands Pub Fin Auth Rev Gross Rcpt Taxes Ln Nt, Ser A   
     6.375       10/01/19        1,510,965  
  3,000    
Virgin Islands Pub Fin Auth Rev Gross Rcpt Taxes Ln Nt, Ser A (ACA Insd) (Prerefunded @ 10/01/10)   
     6.125       10/01/29        3,280,470  
       
 
                      
       
 
                      4,791,435  
       
 
                      
Total Long-Term Investments   193.8%
    (Cost $384,575,485)		                      350,335,616  
       
 
                      
         
Short-Term Investments 5.3%
        
Municipal Bonds 5.3%
        
Metropolitan Trans Auth NY Rev Trans, Ser G ($1,600,000 par, coupon 0.390%, 11/01/26 maturity) (LOC: BNP Paribas) (e)(f)
     1,600,000  
Nassau Cnty, NY Indl Dev Agy Civic Fac Rev Rfdg & Impt Cold Spring Hbr ($1,100,000 par, coupon 0.400%, 01/01/34 maturity) (SPA: Morgan Guaranty Trust) (e)(f)
     1,100,000  
New York City Muni Wtr Fin Auth Wtr & Swr Rev Second Generation Resolution, Ser BB-1 ($2,500,000 par, coupon 0.350%, 06/15/39 maturity) (SPA: Landesbank Hessen) (e)(f)
     2,500,000  
New York City Tr Cultural Res Rev American Museum Nat Rfdg, Ser A2 ($2,000,000 par, coupon 0.300%, 04/01/27 maturity) (SPA: Bank of America) (e)(f)
     2,000,000  
New York St Dorm Auth Rev Cornell Univ, Ser B ($1,200,000 par, coupon 0.550%, 07/01/25 maturity) (SPA: Morgan Guaranty Trust) (e)(f)
     1,200,000  

 

 

         
Description   Value  
 
 
        
Municipal Bonds (continued)
        
Port Auth NY & NJ Spl Oblig Rev Versatile Structure Oblig Ser 2 ($1,200,000 par, coupon 0.350%, 05/01/19 maturity) (SPA: JP Morgan Chase & Co.) (e)(f)
   $ 1,200,000  
 
      
 
        
Total Short-Term Investments 5.3%
        
(Cost $9,600,000)
     9,600,000  
 
      
 
        
Total Investments 199.1%
        
(Cost $394,175,485)
     359,935,616  
 
        
Liability for Floating Rate Note Obligations Related to Securities Held (33.0%)
        
(Cost ($59,655,000))
        
(59,655) Notes with interest rates ranging from 0.43% to 0.61% at January 31, 2009 and contractual maturities of collateral ranging from 2025 to 2037 (g)
     (59,655,000 )
 
      
 
        
Total Net Investments 166.1%
        
(Cost $334,520,485)
     300,280,616  
 
        
Liabilities in Excess of Other Assets (1.9%)
     (3,446,222 )
 
        
Preferred Shares (including accrued distributions) (64.2%)
     (116,011,506 )
 
      
 
        
Net Assets Applicable to Common Shares 100.0%
   $ 180,822,888  
 
      
Percentages are calculated as a percentage of net assets applicable to common shares.
 
(a)   Underlying security related to Inverse Floaters entered into by the Trust.
 
(b)   Security purchased on a when-issued, delayed delivery or forward commitment basis.
 
(c)   Escrowed to Maturity
 
(d)   144A-Private Placement security which is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. This security may only be resold in transactions exempt from registration which are normally those transactions with qualified institutional buyers.
 
(e)   Security includes a put feature allowing the Trust to periodically put the security back to the issuer at amortized cost on specified dates. The interest rate shown represents the current interest rate earned by the Fund based on the most recent reset date. The maturity date shown represents the next reset date.
 
(f)   Variable Rate Coupon
 
(g)   Floating Rate Notes. The interest rates shown reflect the rates in effect at January 31, 2009.

 

 

     
ACA
AGL
AMBAC
AMT
BHAC
CIFG
Comwlth
Connie Lee
FGIC
FSA
LOC
MBIA
POL CTL-SRF
SONYMA
SPA
  —   American Capital Access
—   Assured Guaranty Ltd.
—   AMBAC Indemnity Corp.
—   Alternative Minimum Tax
—   Berkshire Hathaway Assurance Corp.
—   CDC IXIS Financial Guaranty
—   Commonwealth of Puerto Rico
—   Connie Lee Insurance Co.
—   Financial Guaranty Insurance Co.
—   Financial Security Assurance Inc.
—   Letter of Credit
—   Municipal Bond Investors Assurance Corp.
—   State Water Pollution Control Revolving Fund
—   State of New York Mortgage Agency
—   Stand by Purchase Agreement
The Trust adopted Financial Accounting Standards Board Statement of Financial Accounting Standards No. 157, Fair Value Measurements (FAS 157), effective November 1, 2008. In accordance with FAS 157, fair value is defined as the price that the Trust would receive to sell an investment or pay to transfer a liability in an orderly transaction with an independent buyer in the principal market, or in the absence of a principal market the most advantageous market for the investment or liability. FAS 157 establishes a three-tier hierarchy to distinguish between (1) inputs that reflect the assumptions market participants would use in pricing an asset or liability developed based on market data obtained from sources independent of the reporting entity (observable inputs) and (2) inputs that reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing an asset or liability developed based on the best information available in the circumstances (unobservable inputs) and to establish classification of fair value measurements for disclosure purposes. Various inputs are used in determining the value of the Trust’s investments. The inputs are summarized in the three broad levels listed below.
Level 1 —   quoted prices in active markets for identical investments
 
Level 2 —   other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)
 
Level 3 —   significant unobservable inputs (including the Trust’s own assumptions in determining the fair value of investments)
The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
The following is a summary of the inputs used as of January 31, 2009 in valuing the Trust’s investments carried at value:
         
    Investments in  
Valuation Inputs   Securities  
 
Level 1 — Quoted Prices
   $ -0-  
Level 2 — Other Significant Observable Inputs
     359,935,616  
Level 3 — Significant Unobservable Inputs
     -0-  
 
      
Total
   $ 359,935,616  
 
      

 

 

Municipal bonds are valued by independent pricing services or dealers using the mean of the last reported bid and asked prices or, in the absence of market quotations, at fair value based upon yield data relating to municipal bonds with similar characteristics and general market conditions. Securities which are not valued by independent pricing services or dealers are valued at fair value using procedures established in good faith by the Board of Trustees. Factors considered in making this determination may include, but are not limited to, information obtained by contacting the issuer, analysts, or the appropriate stock exchange (for exchange-traded securities), analysis of the issuer’s financial statements or other available documents and, if necessary, available information concerning other securities in similar circumstances. Futures contracts are valued at the settlement price established each day on the exchange on which they are traded. Short-term securities with remaining maturities of 60 days or less are valued at amortized cost, which approximates market value.

 

 

Item 2. Controls and Procedures.
(a) The Trust’s principal executive officer and principal financial officer have concluded that the Trust’s disclosure controls and procedures are sufficient to ensure that information required to be disclosed by the Trust in this Form N-Q was recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms, based upon such officers’ evaluation of these controls and procedures as of a date within 90 days of the filing date of the report.
(b) There were no changes in the Trust’s internal control over financial reporting that occurred during the registrant’s fiscal quarter that has materially affected, or is reasonably likely to materially affect, the Trust’s internal control over financial reporting.
Item 3. Exhibits.
(a) A certification for the Principal Executive Officer of the registrant is attached hereto as part of EX-99.cert.
(b) A certification for the Principal Financial Officer of the registrant is attached hereto as part of EX-99.cert.

 

 

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) Van Kampen Trust For Investment Grade New York Municipals
         
By:
  /s/ Edward C. Wood III
 
    
Name: Edward C. Wood III    
Title: Principal Executive Officer    
Date: March 19, 2009    
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
         
By:
  /s/ Edward C. Wood III
 
    
Name: Edward C. Wood III    
Title: Principal Executive Officer    
Date: March 19, 2009    
 
        
By:
  /s/ Stuart N. Schuldt
 
    
Name: Stuart N. Schuldt    
Title: Principal Financial Officer    
Date: March 19, 2009