UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM N-Q

 

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY

 

Investment Company Act file number 811-08217

 

Name of Fund: BlackRock MuniHoldings New York Quality Fund, Inc. (MHN)

 

Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809

 

Name and address of agent for service: John M. Perlowski, Chief Executive Officer, BlackRock MuniHoldings New York Quality Fund, Inc., 55 East 52nd Street, New York, NY 10055

 

Registrant’s telephone number, including area code: (800) 882-0052, Option 4

 

Date of fiscal year end: 08/31/2012

 

Date of reporting period: 11/30/2011

 

Item 1 – Schedule of Investments

 

 

 

 

 

Schedule of Investments November 30, 2011 (Unaudited)

BlackRock MuniHoldings New York Quality Fund, Inc. (MHN)

(Percentages shown are based on Net Assets)


 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

New York — 119.5%

 

 

 

 

 

 

 

Corporate — 4.7%

 

 

 

 

 

 

 

New York City Industrial Development
Agency, Refunding RB, Terminal One
Group Association Project, AMT,
5.50%, 1/01/24 (a)

 

$

1,500

 

$

1,549,140

 

New York Liberty Development Corp., RB:

 

 

 

 

 

 

 

Goldman Sachs Headquarters,
5.25%, 10/01/35

 

 

4,000

 

 

4,032,320

 

World Trade Center Project,
5.00%, 11/15/31

 

 

1,710

 

 

1,768,260

 

World Trade Center Project,
5.75%, 11/15/51

 

 

2,080

 

 

2,207,858

 

New York State Energy Research &
Development Authority, Refunding RB,
Brooklyn Union Gas/Keyspan, Series
A, AMT (FGIC), 4.70%, 2/01/24

 

 

3,340

 

 

3,443,172

 

Suffolk County Industrial Development
Agency New York, RB, Keyspan, Port
Jefferson, AMT, 5.25%, 6/01/27

 

 

4,355

 

 

4,425,377

 

Suffolk County Industrial Development
Agency New York, Refunding RB,
Ogden Martin System Huntington,
AMT (AMBAC), 6.25%, 10/01/12

 

 

3,530

 

 

3,693,545

 

 

 

 

 

 

 

21,119,672

 

County/City/Special District/School District — 25.5%

 

 

 

 

 

 

 

Amherst Development Corp., RB,
University at Buffalo Foundation
Faculty-Student Housing Corp.,
Series A (AGM), 4.63%, 10/01/40

 

 

4,975

 

 

4,877,589

 

Buffalo & Erie County Industrial Land
Development Corp., RB, Buffalo State
College Foundation Housing Corp.,
5.38%, 10/01/41

 

 

1,000

 

 

1,032,150

 

City of New York, New York, GO:

 

 

 

 

 

 

 

Series A-1, 5.00%, 8/01/35

 

 

2,350

 

 

2,498,003

 

Sub-Series D-1, 5.00%,
10/01/33

 

 

4,175

 

 

4,458,984

 

County of Onondaga New York, RB,
Syracuse University Project:

 

 

 

 

 

 

 

5.00%, 12/01/29

 

 

1,135

 

 

1,238,569

 

 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

New York (continued)

 

 

 

 

 

 

 

County/City/Special District/School District
(continued)

 

 

 

 

 

 

 

County of Onondaga New York, RB,
Syracuse University Project (concluded):

 

 

 

 

 

 

 

5.00%, 12/01/36

 

$

1,100

 

$

1,172,193

 

Erie County Industrial Development
Agency, RB, City School District of
Buffalo Project, Series A, 5.25%,
5/01/31

 

 

1,000

 

 

1,080,150

 

Hudson Yards Infrastructure Corp., RB,
Series A:

 

 

 

 

 

 

 

5.00%, 2/15/47

 

 

1,850

 

 

1,793,279

 

(FGIC), 5.00%, 2/15/47

 

 

3,430

 

 

3,324,836

 

New York City Industrial Development
Agency, PILOT, RB:

 

 

 

 

 

 

 

CAB, Yankee Stadium (AGC), 5.62%,
3/01/39 (b)

 

 

1,380

 

 

295,955

 

Queens Baseball Stadium (AGC),
6.38%, 1/01/39

 

 

800

 

 

851,664

 

Queens Baseball Stadium (AMBAC),
5.00%, 1/01/31

 

 

3,500

 

 

3,141,915

 

Queens Baseball Stadium (AMBAC),
5.00%, 1/01/36

 

 

10,140

 

 

8,729,627

 

Queens Baseball Stadium (AMBAC),
5.00%, 1/01/39

 

 

4,000

 

 

3,387,520

 

Queens Baseball Stadium (AMBAC),
5.00%, 1/01/46

 

 

3,700

 

 

3,073,035

 

Yankee Stadium (FGIC), 5.00%,
3/01/46

 

 

9,500

 

 

8,993,840

 

Yankee Stadium (NPFGC), 5.00%,
3/01/36

 

 

2,700

 

 

2,607,795

 

New York City Transitional Finance
Authority, RB:

 

 

 

 

 

 

 

Fiscal 2008, Series S-1,
4.50%, 1/15/38

 

 

1,510

 

 

1,473,639

 

Fiscal 2009, Series S-1 (AGC),
5.50%, 7/15/38

 

 

4,000

 

 

4,288,240

 

Fiscal 2009, Series S-4 (AGC),
5.50%, 1/15/39

 

 

1,250

 

 

1,345,125

 

Future Tax Secured, Series C (FGIC),
5.00%, 2/01/33

 

 

10,000

 

 

10,398,900

 

 

Portfolio Abbreviations

To simplify the listings of portfolio holdings in the Schedule of Investments, the names and descriptions of many of the securities have been abbreviated according to the following list:

 

 

AGC

Assured Guaranty Corp.

AGM

Assured Guaranty Municipal Corp.

AMBAC

American Municipal Bond Assurance Corp.

AMT

Alternative Minimum Tax (subject to)

BHAC

Berkshire Hathaway Assurance Corp.

BOCES

Board of Cooperative Educational Services

CAB

Capital Appreciation Bonds

EDC

Economic Development Corp.

ERB

Education Revenue Bonds

Fannie Mae

Federal National Mortgage Association

FGIC

Financial Guaranty Insurance Co.

FHA

Federal Housing Administration

GO

General Obligation Bonds

HFA

Housing Finance Agency

LRB

Lease Revenue Bonds

MRB

Mortgage Revenue Bonds

NPFGC

National Public Finance Guarantee Corp.

PILOT

Payment in Lieu of Taxes

RB

Revenue Bonds

SBPA

Stand-by Bond Purchase Agreements

SONYMA

State of New York Mortgage Agency

Syncora

Syncora Guarantee

VRDN

Variable Rate Demand Notes

 

 

 

 

 

 

 

 

 

BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, INC.

NOVEMBER 30, 2011

1


 

 

 

 

Schedule of Investments (continued)

BlackRock MuniHoldings New York Quality Fund, Inc. (MHN)

(Percentages shown are based on Net Assets)


 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

New York (continued)

 

 

 

 

 

 

 

County/City/Special District/School District
(concluded)

 

 

 

 

 

 

 

New York City Transitional Finance
Authority, RB (concluded):

 

 

 

 

 

 

 

Future Tax Secured, Series E
(NPFGC), 5.25%, 2/01/22 (c)

 

$

2,455

 

$

2,596,163

 

Future Tax Secured, Series E
(NPFGC), 5.25%, 2/01/22

 

 

45

 

 

47,018

 

Future Tax Secured, Sub-
Series D-1, 5.00%, 11/01/38

 

 

1,650

 

 

1,743,786

 

Series B (NPFGC), 5.50%, 2/01/13

 

 

110

 

 

110,944

 

Series S-2 (AGM), 5.00%, 1/15/37

 

 

3,750

 

 

3,872,888

 

Series S-2 (NPFGC), 4.25%,
1/15/34

 

 

4,830

 

 

4,616,031

 

New York City Transitional Finance
Authority, Refunding RB, Series A
(FGIC), 5.00%, 11/15/26 (c)

 

 

1,000

 

 

1,002,930

 

New York Convention Center
Development Corp., RB, Hotel Unit
Fee Secured (AMBAC):

 

 

 

 

 

 

 

5.00%, 11/15/30

 

 

2,100

 

 

2,146,809

 

5.00%, 11/15/35

 

 

1,150

 

 

1,168,113

 

5.00%, 11/15/44

 

 

4,955

 

 

4,988,446

 

New York State Dormitory Authority,
Refunding RB, School Districts
Financing Program, Series A (AGM),
5.00%, 10/01/35

 

 

5,000

 

 

5,208,150

 

Oneida-Herkimer Solid Waste
Management Authority New York,
Refunding RB (AGM), 5.50%, 4/01/13

 

 

1,800

 

 

1,911,060

 

Sales Tax Asset Receivable Corp., RB,
Series A (AMBAC), 5.00%, 10/15/32

 

 

10,175

 

 

10,787,331

 

St. Lawrence County Industrial
Development Agency, RB, Clarkson
University Project:

 

 

 

 

 

 

 

6.00%, 9/01/34

 

 

300

 

 

331,443

 

5.38%, 9/01/41

 

 

125

 

 

131,831

 

Syracuse Industrial Development
Agency New York, RB, Carousel Center
Project, Series A, AMT (Syncora),
5.00%, 1/01/36

 

 

3,100

 

 

2,600,714

 

Tompkins County Industrial
Development Agency, RB, Civic Facility
Cornell University Project, Series A,
5.00%, 7/01/37

 

 

500

 

 

526,725

 

 

 

 

 

 

 

113,853,390

 

Education — 14.3%

 

 

 

 

 

 

 

City of Troy New York, Refunding RB,
Rensselaer Polytechnic, Series A,
5.13%, 9/01/40

 

 

4,050

 

 

4,076,649

 

Madison County Industrial Development
Agency New York, RB, Colgate
University Project, Series A (AMBAC),
5.00%, 7/01/30

 

 

4,000

 

 

4,202,520

 

New York City Industrial Development
Agency, RB, New York University
Project (BHAC), 5.00%, 7/01/41

 

 

4,500

 

 

4,501,080

 

 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

New York (continued)

 

 

 

 

 

 

 

Education (concluded)

 

 

 

 

 

 

 

New York City Industrial Development
Agency, Refunding RB, Nightingale-
Bamford School (AMBAC), 5.25%,
1/15/17

 

$

1,200

 

$

1,249,956

 

New York City Transitional Finance
Authority, RB, Fiscal 2009, Series S-4
(AGC), 5.50%, 1/15/33

 

 

3,000

 

 

3,253,230

 

New York State Dormitory Authority,
LRB, State University Dormitory
Facilities, Series A:

 

 

 

 

 

 

 

5.00%, 7/01/35

 

 

750

 

 

783,495

 

5.00%, 7/01/40

 

 

1,500

 

 

1,559,370

 

New York State Dormitory Authority, RB:

 

 

 

 

 

 

 

Convent Sacred Heart (AGM),
5.75%, 11/01/40

 

 

1,770

 

 

1,945,407

 

Cornell University, Series A,
5.00%, 7/01/40

 

 

1,000

 

 

1,066,790

 

Fordham University, Series A,
5.00%, 7/01/28

 

 

175

 

 

187,950

 

Fordham University, Series A,
5.50%, 7/01/36

 

 

1,375

 

 

1,478,826

 

General Purpose, Series A,
4.50%, 3/15/35

 

 

2,000

 

 

2,022,620

 

Mount Sinai School of
Medicine, 5.13%, 7/01/39

 

 

1,000

 

 

1,015,970

 

Mount Sinai School of Medicine at
NYU (NPFGC), 5.00%, 7/01/35

 

 

5,100

 

 

5,199,297

 

New York University, Series 1
(AMBAC), 5.50%, 7/01/40

 

 

3,500

 

 

4,310,950

 

New York University, Series A,
5.00%, 7/01/38

 

 

2,000

 

 

2,080,640

 

New York University, Series B,
5.00%, 7/01/34

 

 

400

 

 

420,060

 

Siena College, 5.13%,
7/01/39

 

 

1,345

 

 

1,381,073

 

The New School (AGM), 5.50%,
7/01/43

 

 

3,265

 

 

3,450,028

 

Tompkins County Development Corp.,
RB, Ithaca College Project (AGM):

 

 

 

 

 

 

 

5.50%, 7/01/33

 

 

500

 

 

540,030

 

5.25%, 7/01/36

 

 

700

 

 

737,702

 

Trust for Cultural Resources, RB,
Carnegie Hall, Series A:

 

 

 

 

 

 

 

4.75%, 12/01/39

 

 

3,150

 

 

3,170,853

 

5.00%, 12/01/39

 

 

1,850

 

 

1,892,864

 

Trust for Cultural Resources, Refunding
RB, American Museum of Natural
History, Series A (NPFGC), 5.00%,
7/01/36

 

 

6,300

 

 

6,437,592

 

Westchester County Industrial
Development Agency New York, RB,
Purchase College Foundation
Housing, Series A (AMBAC), 5.75%,
12/01/31

 

 

7,000

 

 

7,070,980

 

 

 

 

 

 

 

64,035,932

 

 

 

 

 

 

 

 

 

 

BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, INC.

NOVEMBER 30, 2011

2


 

 

 

 

Schedule of Investments (continued)

BlackRock MuniHoldings New York Quality Fund, Inc. (MHN)

(Percentages shown are based on Net Assets)


 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

New York (continued)

 

 

 

 

 

 

 

Health — 10.3%

 

 

 

 

 

 

 

Dutchess County Industrial
Development Agency, RB, Vassar
Brothers Medical Center (AGC),
5.50%, 4/01/34

 

$

500

 

$

520,545

 

Monroe County Industrial Development
Corp., RB, Unity Hospital of Rochester
Project (FHA), 5.50%, 8/15/40

 

 

3,925

 

 

4,233,309

 

New York City Health & Hospital Corp.,
Refunding RB, Health System,
Series A, 5.00%, 2/15/30

 

 

1,800

 

 

1,882,458

 

New York City Industrial Development
Agency, RB, Royal Charter, New York
Presbyterian (AGM), 5.75%,
12/15/29

 

 

7,965

 

 

8,150,266

 

New York State Dormitory Authority,
MRB, Montefiore Hospital (NPFGC),
5.00%, 8/01/33

 

 

1,000

 

 

1,014,550

 

New York State Dormitory Authority, RB:

 

 

 

 

 

 

 

Healthcare, Series A, 5.00%,
3/15/38

 

 

2,250

 

 

2,351,835

 

Hudson Valley Hospital (BHAC),
5.00%, 8/15/36

 

 

5,500

 

 

5,703,995

 

New York & Presbyterian Hospital
(AGM), 5.00%, 8/15/36

 

 

4,000

 

 

4,064,480

 

New York University Hospitals
Center, Series A, 5.00%,
7/01/36

 

 

1,000

 

 

964,320

 

North Shore-Long Island
Jewish Health System, Series
A, 5.00%, 5/01/32

 

 

2,000

 

 

2,014,860

 

North Shore-Long Island
Jewish Health System, Series
A, 5.25%, 5/01/34

 

 

7,375

 

 

7,578,771

 

North Shore-Long Island
Jewish Health System, Series
A, 5.50%, 5/01/37

 

 

1,825

 

 

1,878,618

 

NYU Hospital Center, Series A,
5.75%, 7/01/31

 

 

2,680

 

 

2,788,433

 

NYU Hospital Center, Series A,
6.00%, 7/01/40

 

 

1,800

 

 

1,877,094

 

New York State Dormitory Authority,
Refunding RB, St. Luke’s Roosevelt
Hospital (FHA), 4.90%, 8/15/31

 

 

1,000

 

 

1,009,040

 

 

 

 

 

 

 

46,032,574

 

Housing — 4.8%

 

 

 

 

 

 

 

New York City Housing Development
Corp., RB, AMT:

 

 

 

 

 

 

 

Series A-1-A, 5.00%, 11/01/30

 

 

750

 

 

735,585

 

Series A-1-A, 5.45%, 11/01/46

 

 

1,335

 

 

1,285,391

 

Series C, 5.00%, 11/01/26

 

 

1,250

 

 

1,265,462

 

Series C, 5.05%, 11/01/36

 

 

2,000

 

 

1,999,920

 

Series H-1, 4.70%, 11/01/40

 

 

1,000

 

 

942,980

 

Series H-2-A, 5.20%, 11/01/35

 

 

835

 

 

823,719

 

 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

New York (continued)

 

 

 

 

 

 

 

Housing (concluded)

 

 

 

 

 

 

 

New York City Housing Development
Corp., RB, AMT (concluded):

 

 

 

 

 

 

 

Series H-2-A, 5.35%, 5/01/41

 

$

600

 

$

579,300

 

New York Mortgage Agency, RB, Series
145, AMT, 5.13%, 10/01/37

 

 

1,000

 

 

1,005,720

 

New York Mortgage Agency, Refunding RB:

 

 

 

 

 

 

 

Homeowner Mortgage, Series 83
(NPFGC), 5.55%, 10/01/27

 

 

2,100

 

 

2,101,680

 

Series 82 AMT (NPFGC), 5.65%,
4/01/30

 

 

705

 

 

705,360

 

Series 97, AMT, 5.50%, 4/01/31

 

 

765

 

 

765,230

 

Series 133, AMT, 4.95%,
10/01/21

 

 

685

 

 

701,056

 

Series 143, AMT, 4.85%,
10/01/27

 

 

1,085

 

 

1,067,271

 

Series 143, AMT, 4.90%,
10/01/37

 

 

950

 

 

932,188

 

Series 143 AMT (NPFGC), 4.85%,
10/01/27

 

 

2,000

 

 

2,006,400

 

New York State HFA, RB, St. Philip’s
Housing, Series A, AMT (Fannie Mae),
4.65%, 11/15/38

 

 

1,000

 

 

964,680

 

Yonkers EDC, Refunding RB, Riverview II
(Freddie Mac), 4.50%, 5/01/25

 

 

1,500

 

 

1,528,395

 

Yonkers Industrial Development Agency
New York, RB, Monastery Manor
Associates LP Project, AMT (SONYMA),
5.25%, 4/01/37

 

 

2,000

 

 

2,007,740

 

 

 

 

 

 

 

21,418,077

 

State — 8.6%

 

 

 

 

 

 

 

New York State Dormitory Authority,
ERB, Series C, 5.00%, 12/15/31

 

 

2,320

 

 

2,449,990

 

New York State Dormitory Authority, RB:

 

 

 

 

 

 

 

Master BOCES Program Lease
(AGC), 5.00%, 8/15/28

 

 

250

 

 

268,142

 

Mental Health Facilities,
Series B, 5.25%, 2/15/23 (c)

 

 

1,550

 

 

1,704,085

 

Mental Health Services Facilities
Improvement, Series B (AGM),
5.00%, 2/15/33

 

 

4,500

 

 

4,767,660

 

School Districts Financing Program,
Series A (AGM), 5.00%, 10/01/35

 

 

450

 

 

466,317

 

School Districts Financing Program,
Series C (AGM), 5.00%, 10/01/37

 

 

2,500

 

 

2,586,725

 

School Districts Financing Program,
Series D (NPFGC), 5.00%,
10/01/30

 

 

1,240

 

 

1,248,296

 

School Districts Financing Program,
Series E (NPFGC), 5.75%,
10/01/30

 

 

6,900

 

 

7,125,561

 

New York State Dormitory Authority,
Refunding RB, Secured Hospital,
North General Hospital (Syncora),
5.75%, 2/15/17

 

 

2,000

 

 

2,081,040

 

 

 

 

 

 

 

 

 

 

BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, INC.

NOVEMBER 30, 2011

3


 

 

 

 

Schedule of Investments (continued)

BlackRock MuniHoldings New York Quality Fund, Inc. (MHN)

(Percentages shown are based on Net Assets)


 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

New York (continued)

 

 

 

 

 

 

 

State (concluded)

 

 

 

 

 

 

 

New York State Thruway Authority, RB:

 

 

 

 

 

 

 

Second General, Series B,
5.00%, 4/01/27

 

$

1,000

 

$

1,078,240

 

Series A (AMBAC), 5.00%, 4/01/26

 

 

8,700

 

 

9,282,813

 

New York State Urban Development
Corp., RB (NPFGC):

 

 

 

 

 

 

 

Personal Income Tax, Series C-1,
5.00%, 3/15/33 (c)

 

 

3,000

 

 

3,180,240

 

State Personal Income Tax,
State Facilities, Series A-1,
5.00%, 3/15/29

 

 

2,000

 

 

2,118,880

 

 

 

 

 

 

 

38,357,989

 

Tobacco — 4.3%

 

 

 

 

 

 

 

Tobacco Settlement Financing Corp.
New York, RB, Asset-Backed,
Series A-1 (AMBAC):

 

 

 

 

 

 

 

5.25%, 6/01/20

 

 

5,000

 

 

5,296,050

 

5.25%, 6/01/21

 

 

13,275

 

 

14,061,013

 

 

 

 

 

 

 

19,357,063

 

Transportation — 37.9%

 

 

 

 

 

 

 

Hudson Yards Infrastructure Corp., RB:

 

 

 

 

 

 

 

(AGC), 5.00%, 2/15/47

 

 

7,370

 

 

7,372,801

 

Series A (AGM), 5.00%, 2/15/47

 

 

7,530

 

 

7,532,861

 

Series A (NPFGC), 4.50%, 2/15/47

 

 

14,505

 

 

13,043,766

 

Series A (NPFGC), 5.00%, 2/15/47

 

 

305

 

 

305,116

 

Metropolitan Transportation Authority,
RB, Series 2008C, 6.50%, 11/15/28

 

 

6,015

 

 

7,039,776

 

Metropolitan Transportation Authority,
Refunding RB:

 

 

 

 

 

 

 

Series A, 5.13%, 1/01/29

 

 

3,500

 

 

3,566,465

 

Series A (AGM), 5.75%, 11/15/32

 

 

29,000

 

 

30,030,950

 

Series B, 5.00%, 11/15/34

 

 

2,500

 

 

2,627,150

 

Series C (AGM), 4.75%, 7/01/16 (c)

 

 

2,535

 

 

2,601,772

 

Transportation, Series F (NPFGC),
5.25%, 11/15/27 (c)

 

 

6,300

 

 

6,599,124

 

New York State Thruway Authority, RB:

 

 

 

 

 

 

 

Series F (AMBAC), 5.00%, 1/01/30

 

 

5,000

 

 

5,268,800

 

Series G (AGM), 4.75%, 1/01/29

 

 

1,250

 

 

1,300,050

 

Series G (AGM), 4.75%, 1/01/30

 

 

1,030

 

 

1,068,779

 

Series G (AGM), 5.00%, 1/01/32

 

 

3,450

 

 

3,601,593

 

Niagara Falls Bridge Commission,
Refunding RB, Bridge System, Series
A (AGC), 4.00%, 10/01/19

 

 

1,600

 

 

1,733,728

 

Port Authority of New York & New Jersey, RB:

 

 

 

 

 

 

 

Consolidated, 124th Series,
5.00%, 8/01/36

 

 

750

 

 

750,217

 

Consolidated, 163rd Series,
5.00%, 7/15/35

 

 

2,500

 

 

2,669,450

 

Special Project, JFK International Air
Terminal, Series 6 (NPFGC), 6.25%,
12/01/11

 

 

3,000

 

 

3,000,270

 

Special Project, JFK International Air
Terminal, Series 6 (NPFGC), 6.25%,
12/01/15

 

 

7,830

 

 

8,388,984

 

 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

New York (continued)

 

 

 

 

 

 

 

Transportation (concluded)

 

 

 

 

 

 

 

Port Authority of New York & New Jersey,
RB (concluded):

 

 

 

 

 

 

 

Special Project, JFK International Air
Terminal, Series 6 (NPFGC), 5.90%,
12/01/17

 

$

4,000

 

$

4,004,000

 

Special Project, JFK International Air
Terminal, Series 6 (NPFGC), 5.75%,
12/01/22

 

 

26,725

 

 

26,440,111

 

Triborough Bridge & Tunnel Authority, RB:

 

 

 

 

 

 

 

Sub-Series A (NPFGC), 5.25%,
11/15/30

 

 

6,000

 

 

6,329,400

 

Subordinate Bonds (AMBAC),
5.00%, 11/15/28

 

 

1,965

 

 

2,028,686

 

Triborough Bridge & Tunnel Authority,
Refunding RB:

 

 

 

 

 

 

 

Series C, 5.00%, 11/15/38

 

 

1,385

 

 

1,475,302

 

Series E (NPFGC), 5.25%,
11/15/23

 

 

12,000

 

 

12,463,200

 

Series E (NPFGC), 5.00%,
11/15/32

 

 

8,315

 

 

8,466,749

 

 

 

 

 

 

 

169,709,100

 

Utilities — 9.1%

 

 

 

 

 

 

 

Long Island Power Authority, RB, Series A:

 

 

 

 

 

 

 

5.00%, 5/01/36

 

 

2,375

 

 

2,478,241

 

(AMBAC), 5.00%, 9/01/29

 

 

3,000

 

 

3,058,470

 

Long Island Power Authority, Refunding RB:

 

 

 

 

 

 

 

General, Series A (AGC), 6.00%,
5/01/33

 

 

1,500

 

 

1,703,265

 

General, Series B (AGM), 5.00%,
12/01/35

 

 

3,500

 

 

3,584,945

 

Series A (AGC), 5.75%, 4/01/39

 

 

1,000

 

 

1,104,900

 

New York City Municipal Water Finance
Authority, RB:

 

 

 

 

 

 

 

2nd Generation Resolution,
Series FF, 5.00%, 6/15/31

 

 

1,500

 

 

1,618,860

 

Series B, 5.00%, 6/15/36

 

 

3,500

 

 

3,633,665

 

Series DD, 5.00%, 6/15/32

 

 

5,750

 

 

6,081,373

 

Series DD (AGM), 4.50%, 6/15/39

 

 

2,500

 

 

2,508,400

 

New York City Municipal Water Finance
Authority, Refunding RB:

 

 

 

 

 

 

 

2nd General Resolution, Fiscal
2011, Series BB, 5.00%,
6/15/31

 

 

1,000

 

 

1,079,240

 

Series A (AGM), 4.25%, 6/15/39

 

 

1,700

 

 

1,672,834

 

New York State Environmental Facilities
Corp., RB:

 

 

 

 

 

 

 

Long Island Water Corp. Project,
Series A AMT (NPFGC), 4.90%,
10/01/34

 

 

6,000

 

 

5,854,620

 

Revolving Funds, New York
City Municipal Water, Series B,
5.00%, 6/15/36

 

 

3,200

 

 

3,417,664

 

 

 

 

 

 

 

 

 

 

BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, INC.

NOVEMBER 30, 2011

4


 

 

 

 

Schedule of Investments (continued)

BlackRock MuniHoldings New York Quality Fund, Inc. (MHN)

(Percentages shown are based on Net Assets)


 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

New York (concluded)

 

 

 

 

 

 

 

Utilities (concluded)

 

 

 

 

 

 

 

New York State Power Authority, RB,
Series A, 5.00%, 11/15/38

 

$

2,580

 

$

2,761,709

 

 

 

 

 

 

 

40,558,186

 

Total Municipal Bonds in New York

 

 

 

 

 

534,441,983

 

Guam — 1.3%

 

 

 

 

 

 

 

Transportation — 1.0%

 

 

 

 

 

 

 

Guam International Airport Authority,
Refunding RB, General, Series C, AMT
(NPFGC):

 

 

 

 

 

 

 

5.25%, 10/01/21

 

 

3,700

 

 

3,704,107

 

5.25%, 10/01/22

 

 

1,050

 

 

1,050,998

 

 

 

 

 

 

 

4,755,105

 

Utilities — 0.3%

 

 

 

 

 

 

 

Guam Power Authority, Refunding RB,
Series A (AGM), 5.00%, 10/01/37

 

 

1,175

 

 

1,205,303

 

Total Municipal Bonds in Guam

 

 

 

 

 

5,960,408

 

Puerto Rico — 13.5%

 

 

 

 

 

 

 

Housing — 0.6%

 

 

 

 

 

 

 

Puerto Rico Housing Finance Authority,
Refunding RB, Subordinate, Capital
Fund Modernization, 5.13%,
12/01/27

 

 

2,500

 

 

2,605,150

 

State — 6.2%

 

 

 

 

 

 

 

Commonwealth of Puerto Rico, GO,
Refunding:

 

 

 

 

 

 

 

CAB, Series A (FGIC), 6.47%,
7/01/31 (b)

 

 

10,280

 

 

2,837,794

 

Public Improvement, Series A
(NPFGC), 5.50%, 7/01/20

 

 

1,970

 

 

2,138,888

 

Sub-Series C-7 (NPFGC), 6.00%,
7/01/27

 

 

2,000

 

 

2,113,260

 

Sub-Series C-7 (NPFGC), 6.00%,
7/01/28

 

 

4,000

 

 

4,224,200

 

Puerto Rico Commonwealth
Infrastructure Financing Authority, RB,
CAB, Series A (b):

 

 

 

 

 

 

 

(AMBAC), 6.58%, 7/01/34

 

 

9,300

 

 

2,006,847

 

(AMBAC), 6.74%, 7/01/37

 

 

2,200

 

 

381,920

 

(FGIC), 6.77%, 7/01/33

 

 

5,500

 

 

1,288,870

 

Puerto Rico Highway & Transportation
Authority, Refunding RB, Series CC
(AGM), 5.50%, 7/01/31

 

 

1,855

 

 

2,001,378

 

Puerto Rico Public Buildings Authority,
Refunding RB, Government Facilities,
Series M-3 (NPFGC), 6.00%, 7/01/28

 

 

2,500

 

 

2,710,100

 

Puerto Rico Sales Tax Financing Corp.,
RB, First Sub-Series A:

 

 

 

 

 

 

 

5.63%, 8/01/30

 

 

1,000

 

 

1,045,440

 

5.75%, 8/01/37

 

 

3,000

 

 

3,176,880

 

(AGM), 5.00%, 8/01/40

 

 

1,905

 

 

1,930,375

 

Puerto Rico Sales Tax Financing Corp.,
Refunding RB, CAB, Series A
(NPFGC) (b):

 

 

 

 

 

 

 

6.24%, 8/01/41

 

 

11,000

 

 

1,701,810

 

 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

Puerto Rico (concluded)

 

 

 

 

 

 

 

State (concluded)

 

 

 

 

 

 

 

Puerto Rico Sales Tax Financing Corp.,
Refunding RB, CAB, Series A
(NPFGC) (b) (concluded):

 

 

 

 

 

 

 

6.19%, 8/01/43

 

$

2,500

 

$

338,125

 

 

 

 

 

 

 

27,895,887

 

Transportation — 5.6%

 

 

 

 

 

 

 

Puerto Rico Highway & Transportation
Authority, RB, Series Y (AGM), 6.25%,
7/01/21

 

 

5,025

 

 

5,822,367

 

Puerto Rico Highway & Transportation
Authority, Refunding RB:

 

 

 

 

 

 

 

4.95%, 7/01/26

 

 

3,710

 

 

3,793,178

 

Series AA-1, 4.95%, 7/01/26 (c)

 

 

2,640

 

 

2,712,943

 

Series CC (AGM), 5.50%, 7/01/29

 

 

2,145

 

 

2,329,878

 

Series D, 5.75%, 7/01/41 (c)

 

 

10,000

 

 

10,318,300

 

 

 

 

 

 

 

24,976,666

 

Utilities — 1.1%

 

 

 

 

 

 

 

Puerto Rico Aqueduct & Sewer Authority,
RB, Senior Lien, Series A (AGC),
5.13%, 7/01/47

 

 

1,800

 

 

1,816,434

 

Puerto Rico Electric Power Authority, RB:

 

 

 

 

 

 

 

Series NN, 5.13%, 7/01/29 (c)

 

 

940

 

 

1,010,152

 

Series RR (FGIC), 5.00%, 7/01/24

 

 

1,000

 

 

1,031,550

 

Puerto Rico Electric Power Authority,
Refunding RB, Series VV (NPFGC),
5.25%, 7/01/30

 

 

1,000

 

 

1,036,140

 

 

 

 

 

 

 

4,894,276

 

Total Municipal Bonds in Puerto Rico

 

 

 

 

 

60,371,979

 

Total Municipal Bonds – 134.3%

 

 

 

 

 

600,774,370

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Municipal Bonds Transferred to Tender
Option Bond (TOB) Trusts (d)

 

 

 

 

 

 

 

New York — 31.9%

 

 

 

 

 

 

 

County/City/Special District/School District — 12.7%

 

 

 

 

 

 

 

City of New York, New York, GO:

 

 

 

 

 

 

 

Series J, 5.00%, 5/15/23

 

 

6,800

 

 

7,351,684

 

Sub-Series C-3 (AGC), 5.75%,
8/15/28

 

 

10,000

 

 

11,435,600

 

New York Convention Center
Development Corp., RB, Hotel Unit
Fee Secured (AMBAC), 5.00%,
11/15/35

 

 

18,000

 

 

18,283,500

 

New York State Dormitory Authority, RB,
State University Dormitory Facilities,
Series A, 5.25%, 7/01/29

 

 

5,000

 

 

5,453,100

 

Sales Tax Asset Receivable Corp., RB,
Series A (AMBAC):

 

 

 

 

 

 

 

5.25%, 10/15/27

 

 

4,750

 

 

5,122,139

 

5.00%, 10/15/32

 

 

8,753

 

 

9,366,036

 

 

 

 

 

 

 

57,012,059

 

 

 

 

 

 

 

 

 

 

BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, INC.

NOVEMBER 30, 2011

5


 

 

 

 

Schedule of Investments (continued)

BlackRock MuniHoldings New York Quality Fund, Inc. (MHN)

(Percentages shown are based on Net Assets)


 

 

 

 

 

 

 

 

Municipal Bonds Transferred to Tender
Option Bond (TOB) Trusts (d)

 

Par
(000)

 

Value

 

New York (concluded)

 

 

 

 

 

 

 

Education — 3.0%

 

 

 

 

 

 

 

New York State Dormitory Authority,
LRB, State University Dormitory
Facilities, Series A, 5.00%, 7/01/35

 

$

4,448

 

$

4,694,024

 

New York State Dormitory Authority, RB,
New York University, Series A:

 

 

 

 

 

 

 

5.00%, 7/01/38

 

 

5,498

 

 

5,720,193

 

(AMBAC), 5.00%, 7/01/37

 

 

2,999

 

 

3,115,398

 

 

 

 

 

 

 

13,529,615

 

State — 2.5%

 

 

 

 

 

 

 

New York State Dormitory Authority,
ERB, Series B, 5.75%, 3/15/36

 

 

5,000

 

 

5,625,700

 

New York State Dormitory Authority, RB,
Mental Health Services Facilities,
Series C, AMT (AGM), 5.40%, 2/15/33

 

 

5,458

 

 

5,543,090

 

 

 

 

 

 

 

11,168,790

 

Transportation — 10.4%

 

 

 

 

 

 

 

Hudson Yards Infrastructure Corp., RB,
Series A, 5.75%, 2/15/47

 

 

5,999

 

 

6,345,963

 

Metropolitan Transportation Authority,
RB, Series A (NPFGC), 5.00%,
11/15/31

 

 

7,002

 

 

7,349,153

 

New York State Thruway Authority, RB,
Series G (AGM), 5.00%, 1/01/32

 

 

12,000

 

 

12,527,280

 

New York State Thruway Authority,
Refunding RB, Series H (AGM), 5.00%,
1/01/37

 

 

8,500

 

 

8,815,350

 

Port Authority of New York & New Jersey:

 

 

 

 

 

 

 

Consolidated, 155th Series (AGM),
5.13%, 7/15/30

 

 

2,500

 

 

2,578,575

 

Consolidated, 169th Series,
5.00%, 10/15/25

 

 

8,005

 

 

8,706,952

 

 

 

 

 

 

 

46,323,273

 

Utilities — 3.3%

 

 

 

 

 

 

 

New York City Municipal Water Finance
Authority, RB:

 

 

 

 

 

 

 

Fiscal 2009, Series A, 5.75%,
6/15/40

 

 

4,004

 

 

4,491,923

 

Second General Resolution,
Series HH, 5.00%, 6/15/32

 

 

7,151

 

 

7,672,590

 

Series FF-2, 5.50%, 6/15/40

 

 

2,399

 

 

2,631,678

 

 

 

 

 

 

 

14,796,191

 

Total Municipal Bonds Transferred to Tender Option
Bond (TOB) Trusts – 31.9%

 

 

 

 

 

142,829,928

 

Total Long-Term Investments
(Cost – $728,114,345) – 166.2%

 

 

 

 

 

743,604,298

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Short-Term Securities

 

Par
(000)

 

Value

 

New York — 0.1%

 

 

 

 

 

 

 

City of New York, New York, GO,
VRDN, Sub-Series A-6 (AGM
Insurance, Dexia Credit Local
SBPA), 0.40%, 12/07/11 (e)

 

$

375

 

$

375,000

 

 

 

 

 

 

 

 

 

 

 

Shares

 

 

 

 

Money Market Fund — 0.5%

 

 

 

 

 

 

 

BIF New York Municipal Money Fund,
0.00% (f)(g)

 

 

2,044,410

 

 

2,044,410

 

Total Short-Term Securities
(Cost – $2,419,410) – 0.6%

 

 

 

 

 

2,419,410

 

Total Investments
(Cost - $730,533,755*) – 166.8%

 

 

 

 

 

746,023,708

 

Other Assets Less Liabilities – 3.9%

 

 

 

 

 

17,269,669

 

Liability for TOB Trust Certificates, Including Interest
Expense and Fees Payable – (16.2)%

 

 

 

 

 

(72,331,218

)

VRDP Shares, at Liquidation Value – (54.5)%

 

 

 

 

 

(243,600,000

)

Net Assets Applicable to Common Shares – 100.0%

 

 

 

 

$

447,362,159

 

 

 

*

The cost and unrealized appreciation (depreciation) of investments as of November 30, 2011, as computed for federal income tax purposes, were as follows:

 

 

 

 

 

 

 

 

Aggregate cost

 

 

 

 

$

658,807,422

 

Gross unrealized appreciation

 

 

 

 

$

26,338,206

 

Gross unrealized depreciation

 

 

 

 

 

(11,418,740

)

Net unrealized appreciation

 

 

 

 

$

14,919,466

 

 

 

(a)

Variable rate security. Rate shown is as of report date.

 

 

(b)

Represents a zero-coupon bond. Rate shown reflects the current yield as of report date.

 

 

(c)

US government securities, held in escrow, are used to pay interest on this security as well as to retire the bond in full at the date indicated, typically at a premium to par.

 

 

(d)

Securities represent bonds transferred to a TOB in exchange for which the Fund acquired residual interest certificates. These securities serve as collateral in a financing transaction.

 

 

(e)

Variable rate security. Rate shown is as of report date and maturity shown is the date the principal owed can be recovered through demand.

 

 

(f)

Investments in companies considered to be an affiliate of the Fund during the period, for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:


 

 

 

 

 

 

 

 

 

 

 

 

 

 

Affiliate

 

 

Shares
Held at
August 31,
2011

 

 

Net
Activity

 

 

Shares
Held at
November 30,
2011

 

Income

 

 

BIF New York
Municipal
Money Fund

 

 

12,792,001

 

 

(10,747,591

)

 

2,044,410

 

$

—

 

 

 

(g)

Represents the current yield as of report date.


 

 

 

 

 

 

 

 

 

BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, INC.

NOVEMBER 30, 2011

6


 

 

 

 

Schedule of Investments (concluded)

BlackRock MuniHoldings New York Quality Fund, Inc. (MHN)

 

 

 

•

Fair Value Measurements - Various inputs are used in determining the fair value of investments. These inputs are categorized into a disclosure hierarchy consisting of three broad levels for financial reporting purposes as follows:

 

 

 

 

•

Level 1 — unadjusted price quotations in active markets/exchanges for identical assets and liabilities

 

 

 

 

•

Level 2 — other observable inputs (including, but not limited to: quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs)

 

 

 

 

•

Level 3 — unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Fund’s own assumptions used in determining the fair value of investments and derivative financial instruments)

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. The categorization of a value determined for investments is based on the pricing transparency of the investment and does not necessarily correspond to the Fund’s perceived risk of investing in those securities. For information about the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent financial statements as contained in its annual report.

The following table summarizes the inputs used as of November 30, 2011 in determining the fair valuation of the Fund’s investments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Valuation Inputs

 

Level 1

 

Level 2

 

Level 3

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments:

 

 

 

 

 

 

 

 

 

 

 

 

 

Long-Term
Investments1

 

 

—

 

$

743,604,298

 

 

—

 

$

743,604,298

 

Short-Term
Securities

 

$

2,044,410

 

 

375,000

 

 

—

 

 

2,419,410

 

Total

 

$

2,044,410

 

$

743,979,298

 

 

—

 

$

746,023,708

 

          1 See above Schedule of Investments for values in each sector.

 

 

 

 

 

 

 

 

 

BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, INC.

NOVEMBER 30, 2011

7

Item 2 –

Controls and Procedures

 

 

2(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”)) are effective as of a date within 90 days of the filing of this report based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rule 13a-15(b) under the Securities Exchange Act of 1934, as amended.

 

 

2(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) 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

 

 

 

Certifications – Attached hereto

 

 

 

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.

 

 

 

BlackRock MuniHoldings New York Quality Fund, Inc.
   
  By: /s/ John M. Perlowski  
    John M. Perlowski
    Chief Executive Officer (principal executive officer) of
    BlackRock MuniHoldings New York Quality Fund, Inc.
   
  Date: January 23, 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: /s/ John M. Perlowski  
    John M. Perlowski
    Chief Executive Officer (principal executive officer) of
    BlackRock MuniHoldings New York Quality Fund, Inc.
   
  Date: January 23, 2012
   
  By: /s/ Neal J. Andrews  
    Neal J. Andrews
    Chief Financial Officer (principal financial officer) of
    BlackRock MuniHoldings New York Quality Fund, Inc.
     
  Date: January 23, 2012