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 811-06500 Name of Fund: BlackRock MuniYield New York Insured Fund, Inc. (MYN) Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809 Name and address of agent for service: Donald C. Burke, Chief Executive Officer, BlackRock MuniYield New York Insured Fund, Inc., 800 Scudders Mill Road, Plainsboro, NJ, 08536. Mailing address: P.O. Box 9011, Princeton, NJ, 08543-9011 Registrants telephone number, including area code: (800) 882-0052, Option 4 Date of fiscal year end: 07/31/2009 Date of reporting period: 08/01/2008 10/31/2008 Item 1 Schedule of Investments |
BlackRock MuniYield New York Insured Fund, Inc. | ||||||||
Schedule of Investments October 31, 2008 (Unaudited) | (Percentages shown are based on Net Assets) | |||||||
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Par | ||||||||
Municipal Bonds | (000) | Value | ||||||
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New York - 124.4% | Buffalo, New York, School, GO, Series D, 5.50%, 12/15/14 (a)(b) | $ 1,250 | $ 1,308,650 | |||||
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Buffalo, New York, School, GO, Series D, 5.50%, 12/15/16 (a)(b) | 1,500 | 1,570,380 | ||||||
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Buffalo, New York, Sewer Authority, Revenue Refunding Bonds, Series F, | ||||||||
6%, 7/01/13 (a)(b) | 4,300 | 4,423,582 | ||||||
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Dutchess County, New York, Resource Recovery Agency Revenue Bonds (Solid | ||||||||
Waste System-Forward), Series A, 5.40%, 1/01/13 (b) | 1,700 | 1,766,436 | ||||||
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Erie County, New York, IDA, School Facility Revenue Bonds (City of Buffalo | ||||||||
Project), 5.75%, 5/01/20 (c) | 1,900 | 1,964,657 | ||||||
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Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, | ||||||||
Series A, 4.50%, 2/15/47 (b) | 16,275 | 11,497,148 | ||||||
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Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, | ||||||||
Series A, 5%, 2/15/47 (a) | 12,150 | 9,237,524 | ||||||
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Huntington, New York, GO, Refunding, 5.50%, 4/15/11 (d) | 485 | 514,401 | ||||||
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Huntington, New York, GO, Refunding, 5.50%, 4/15/12 (d) | 460 | 494,422 | ||||||
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Huntington, New York, GO, Refunding, 5.50%, 4/15/13 (d) | 455 | 491,081 | ||||||
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Huntington, New York, GO, Refunding, 5.50%, 4/15/14 (d) | 450 | 487,989 | ||||||
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Huntington, New York, GO, Refunding, 5.50%, 4/15/15 (d) | 450 | 488,781 | ||||||
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Ilion, New York, Central School District, GO, Series B, 5.50%, 6/15/10 (a) | 1,675 | 1,778,699 | ||||||
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Long Island Power Authority, New York, Electric System Revenue Bonds, | ||||||||
Series A, 5%, 9/01/29 (d) | 7,000 | 6,195,980 | ||||||
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Long Island Power Authority, New York, Electric System Revenue Bonds, | ||||||||
Series A, 5%, 9/01/34 (d) | 7,750 | 6,647,795 | ||||||
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Long Island Power Authority, New York, Electric System Revenue Refunding | ||||||||
Bonds, Series B, 5%, 12/01/35 (c) | 4,000 | 3,667,280 | ||||||
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Madison County, New York, IDA, Civic Facility Revenue Bonds (Colgate | ||||||||
University Project), Series A, 5%, 7/01/30 (d) | 5,410 | 5,095,679 | ||||||
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Madison County, New York, IDA, Civic Facility Revenue Bonds (Colgate | ||||||||
University Project), Series A, 5%, 7/01/35 (d) | 4,250 | 3,898,738 | ||||||
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Metropolitan Transportation Authority, New York, Dedicated Tax Fund | ||||||||
Revenue Bonds, Series A, 5%, 11/15/35 (b) | 5,000 | 4,258,300 | ||||||
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Metropolitan Transportation Authority, New York, Dedicated Tax Fund, | ||||||||
Revenue Refunding Bonds, Series A, 5%, 11/15/30 (b) | 6,600 | 5,798,760 | ||||||
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Metropolitan Transportation Authority, New York, Dedicated Tax Fund, | ||||||||
Revenue Refunding Bonds, Series A, 5%, 11/15/32 (c) | 1,015 | 942,641 | ||||||
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Metropolitan Transportation Authority, New York, Revenue Bonds, | ||||||||
Series C, 6.50%, 11/15/28 | 3,200 | 3,378,528 | ||||||
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Metropolitan Transportation Authority, New York, Revenue Refunding Bonds, | ||||||||
Series A, 5.125%, 11/15/22 (a) | 1,390 | 1,312,160 | ||||||
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Metropolitan Transportation Authority, New York, Revenue Refunding Bonds, | ||||||||
Series A, 5.25%, 11/15/31 (a) | 2,500 | 2,247,375 | ||||||
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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 list below.
AMT | Alternative Minimum Tax (subject to) | IDA | Industrial Development Authority | |||
COP | Certificates of Participation | IDR | Industrial Development Revenue Bonds | |||
GO | General Obligation Bonds | M/F | Multi-Family | |||
HFA | Housing Finance Agency | PILOT | Payment in Lieu of Taxes |
1
BlackRock MuniYield New York Insured Fund, Inc. | ||||||
Schedule of Investments October 31, 2008 (Unaudited) | (Percentages shown are based on Net Assets) | |||||
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Par | ||||||
Municipal Bonds | (000) | Value | ||||
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Metropolitan Transportation Authority, New York, Revenue Refunding Bonds, | ||||||
Series A, 5.75%, 11/15/32 (c) | $ 31,300 | $ 31,218,307 | ||||
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Metropolitan Transportation Authority, New York, Revenue Refunding Bonds, | ||||||
Series B, 5%, 11/15/28 (b) | 1,500 | 1,339,275 | ||||
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Metropolitan Transportation Authority, New York, Transit Facilities Revenue | ||||||
Refunding Bonds, Series C, 5.125%, 7/01/12 (c)(e) | 1,640 | 1,761,852 | ||||
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Metropolitan Transportation Authority, New York, Transportation Revenue | ||||||
Refunding Bonds, Series F, 5.25%, 11/15/12 (b)(e) | 6,235 | 6,757,368 | ||||
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Metropolitan Transportation Authority, New York, Transportation Revenue | ||||||
Refunding Bonds, Series F, 5%, 11/15/31 (b) | 5,000 | 4,363,100 | ||||
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Monroe County, New York, IDA, Revenue Bonds (Southview Towers Project), | ||||||
AMT, 6.125%, 2/01/20 | 1,350 | 1,350,432 | ||||
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Monroe County, New York, IDA, Revenue Bonds (Southview Towers Project), | ||||||
AMT, 6.25%, 2/01/31 | 1,125 | 1,098,472 | ||||
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Nassau Health Care Corporation, New York, Health System Revenue Bonds, | ||||||
5.75%, 8/01/09 (c)(e) | 10,830 | 11,332,945 | ||||
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New York City, New York, City Housing Development Corporation, M/F | ||||||
Housing Revenue Bonds, AMT, Series C, 5%, 11/01/26 | 1,500 | 1,219,410 | ||||
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New York City, New York, City Housing Development Corporation, M/F | ||||||
Housing Revenue Bonds, AMT, Series C, 5.05%, 11/01/36 | 2,000 | 1,587,380 | ||||
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New York City, New York, City Housing Development Corporation, M/F | ||||||
Housing Revenue Bonds, AMT, Series H-1, 4.70%, 11/01/40 | 1,340 | 890,644 | ||||
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New York City, New York, City IDA, Civic Facility Revenue Refunding Bonds | ||||||
(Nightingale-Bamford School), 5.25%, 1/15/18 (d) | 1,275 | 1,286,373 | ||||
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New York City, New York, City IDA, IDR (Japan Airlines Company), AMT, | ||||||
6%, 11/01/15 (c) | 5,900 | 5,956,758 | ||||
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New York City, New York, City IDA, PILOT Revenue Bonds (Queens Baseball | ||||||
Stadium Project), 5%, 1/01/36 (d) | 11,800 | 9,895,834 | ||||
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New York City, New York, City IDA, PILOT Revenue Bonds (Queens Baseball | ||||||
Stadium Project), 5%, 1/01/39 (d) | 5,750 | 4,758,987 | ||||
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New York City, New York, City IDA, PILOT Revenue Bonds (Queens Baseball | ||||||
Stadium Project), 5%, 1/01/46 (d) | 9,900 | 7,906,932 | ||||
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New York City, New York, City IDA, PILOT Revenue Bonds (Yankee Stadium | ||||||
Project), 5%, 3/01/36 (b) | 4,650 | 3,897,863 | ||||
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New York City, New York, City IDA, PILOT Revenue Bonds (Yankee Stadium | ||||||
Project), 5%, 3/01/46 (a) | 13,250 | 10,516,260 | ||||
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New York City, New York, City IDA, Parking Facility Revenue Bonds (Royal | ||||||
Charter Properties Inc.-The New York and Pennsylvania Hospital Leasehold | ||||||
Project), 5.75%, 12/15/29 (c) | 7,970 | 7,990,403 | ||||
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New York City, New York, City IDA, Special Facility Revenue Refunding Bonds | ||||||
(Terminal One Group Association Project), AMT, 5.50%, 1/01/24 | 1,500 | 1,263,150 | ||||
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New York City, New York, City Municipal Water Finance Authority, | ||||||
Water and Sewer System Revenue Bonds, Series A, 5.75%, 6/15/11 (b)(e) | 24,650 | 26,496,039 | ||||
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New York City, New York, City Municipal Water Finance Authority, | ||||||
Water and Sewer System Revenue Bonds, Series A, 4.25%, 6/15/39 (c) | 1,050 | 778,260 | ||||
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New York City, New York, City Municipal Water Finance Authority, | ||||||
Water and Sewer System Revenue Bonds, Series A, 5.75%, 6/15/40 | 1,600 | 1,594,784 | ||||
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2
BlackRock MuniYield New York Insured Fund, Inc. | ||||||
Schedule of Investments October 31, 2008 (Unaudited) | (Percentages shown are based on Net Assets) | |||||
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Par | ||||||
Municipal Bonds | (000) | Value | ||||
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New York City, New York, City Municipal Water Finance Authority, | ||||||
Water and Sewer System, Revenue Refunding Bonds, Series A, | ||||||
5.125%, 6/15/34 (b) | $ 1,250 | $ 1,179,362 | ||||
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New York City, New York, City Municipal Water Finance Authority, Water and | ||||||
Sewer System, Revenue Refunding Bonds, Series A, 5%, 6/15/35 (d) | 3,500 | 3,139,815 | ||||
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New York City, New York, City Municipal Water Finance Authority, Water and | ||||||
Sewer System, Revenue Refunding Bonds, Series C, 5%, 6/15/35 (b) | 975 | 885,729 | ||||
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New York City, New York, City Municipal Water Finance Authority, Water and | ||||||
Sewer System, Revenue Refunding Bonds, Series F, 5%, 6/15/29 (c) | 500 | 475,275 | ||||
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New York City, New York, City Transit Authority, Metropolitan Transportation | ||||||
Authority, Triborough, COP, Series A, 5.625%, 1/01/12 (d) | 1,020 | 1,049,682 | ||||
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New York City, New York, City Transitional Finance Authority, Building Aid | ||||||
Revenue Bonds, Series S-2, 4.25%, 1/15/34 (a) | 5,980 | 4,401,998 | ||||
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New York City, New York, City Transitional Finance Authority, Building Aid | ||||||
Revenue Bonds, Series S-2, 5%, 1/15/37 (a)(c) | 5,000 | 4,504,900 | ||||
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New York City, New York, City Transitional Finance Authority, Building Aid | ||||||
Revenue Refunding Bonds, Series S-1, 4.50%, 1/15/38 | 2,000 | 1,551,380 | ||||
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New York City, New York, City Transitional Finance Authority, Future Tax | ||||||
Secured Revenue Bonds, Series C, 5%, 2/01/33 (a) | 16,195 | 14,773,079 | ||||
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New York City, New York, City Transitional Finance Authority, Future Tax | ||||||
Secured Revenue Bonds, Series E, 5.25%, 2/01/22 (b) | 2,500 | 2,515,850 | ||||
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New York City, New York, City Transitional Finance Authority, Future Tax | ||||||
Secured, Revenue Refunding Bonds, Series A, 5%, 11/15/26 (a) | 1,000 | 957,560 | ||||
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New York City, New York, City Transitional Finance Authority, Future Tax | ||||||
Secured, Revenue Refunding Bonds, Series D, 5.25%, 2/01/21 (b) | 3,000 | 3,027,930 | ||||
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New York City, New York, GO, Refunding, Series B, 7%, 2/01/18 (d) | 70 | 70,519 | ||||
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New York City, New York, GO, Series B, 5.75%, 8/01/13 (b) | 1,280 | 1,341,786 | ||||
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New York City, New York, IDA, Civic Facility Revenue Refunding Bonds | ||||||
(Polytechnic University), 5.25%, 11/01/37 (f) | 2,480 | 1,828,529 | ||||
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New York City, New York, Sales Tax Asset Receivable Corporation Revenue | ||||||
Bonds, Series A, 5%, 10/15/32 (d) | 11,200 | 10,544,240 | ||||
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New York City, New York, Trust for Cultural Resources, Revenue Refunding | ||||||
Bonds (American Museum of Natural History), Series A, 5%, 7/01/36 (b) | 4,250 | 3,837,962 | ||||
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New York Convention Center Development Corporation, New York, Revenue | ||||||
Bonds (Hotel Unit Fee Secured), 5%, 11/15/30 (d) | 1,500 | 1,282,020 | ||||
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New York Convention Center Development Corporation, New York, Revenue | ||||||
Bonds (Hotel Unit Fee Secured), 5%, 11/15/35 (d) | 33,750 | 28,743,525 | ||||
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New York Convention Center Development Corporation, New York, Revenue | ||||||
Bonds (Hotel Unit Fee Secured), 5%, 11/15/44 (d) | 13,470 | 10,961,482 | ||||
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New York State Dormitory Authority, Lease Revenue Bonds (State University | ||||||
Dormitory Facilities), 5%, 7/01/37 (d) | 2,800 | 2,553,964 | ||||
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New York State Dormitory Authority, Non-State Supported Debt, Lease | ||||||
Revenue Bonds (Municipal Health Facilities Improvement Program), | ||||||
Sub-Series 2-5, 5%, 1/15/32 | 3,500 | 3,100,265 | ||||
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New York State Dormitory Authority, Non-State Supported Debt Revenue | ||||||
Bonds (Fordham University), Series B, 5%, 7/01/38 (g) | 500 | 450,805 | ||||
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New York State Dormitory Authority, Non-State Supported Debt Revenue | ||||||
Bonds (School District Financing Program), Series A, 5%, 10/01/35 (c) | 550 | 504,372 | ||||
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3
BlackRock MuniYield New York Insured Fund, Inc. | ||||||
Schedule of Investments October 31, 2008 (Unaudited) | (Percentages shown are based on Net Assets) | |||||
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Par | ||||||
Municipal Bonds | (000) | Value | ||||
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New York State Dormitory Authority, Non-State Supported Debt Revenue | ||||||
Bonds (School District Financing Program), Series C, 5%, 10/01/37 (c) | $ 4,050 | $ 3,692,952 | ||||
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New York State Dormitory Authority, Non-State Supported Debt, Revenue | ||||||
Refunding Bonds (Mount Sinai School of Medicine of New York University), | ||||||
5%, 7/01/35 (b) | 2,100 | 1,790,082 | ||||
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New York State Dormitory Authority, Non-State Supported Debt, | ||||||
Revenue Refunding Bonds (School District Financing Program), Series B, | ||||||
5%, 4/01/36 (c) | 6,000 | 5,490,420 | ||||
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New York State Dormitory Authority Revenue Bonds (Eger Health Care and | ||||||
Rehabilitation Center), 6.10%, 8/01/37 (h) | 3,045 | 3,000,817 | ||||
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New York State Dormitory Authority Revenue Bonds (New York State | ||||||
Rehabilitation Association), Series A, 5.25%, 7/01/19 (i) | 1,180 | 1,184,755 | ||||
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New York State Dormitory Authority Revenue Bonds (New York State | ||||||
Rehabilitation Association), Series A, 5.125%, 7/01/23 (i) | 1,000 | 980,240 | ||||
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New York State Dormitory Authority Revenue Bonds (School District Financing | ||||||
Program), Series E, 5.75%, 10/01/30 (b) | 6,900 | 6,916,353 | ||||
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New York State Dormitory Authority Revenue Bonds, Series B, | ||||||
6.50%, 2/15/11 (b)(j) | 1,000 | 1,086,190 | ||||
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New York State Dormitory Authority Revenue Bonds (Upstate Community | ||||||
Colleges), Series A, 6%, 7/01/10 (c)(e) | 1,780 | 1,906,896 | ||||
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New York State Dormitory Authority, Revenue Refunding Bonds (City | ||||||
University System), Series C, 7.50%, 7/01/10 (a) | 1,740 | 1,816,108 | ||||
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New York State Dormitory Authority, Revenue Refunding Bonds (School | ||||||
District Financing Program), Series I, 5.75%, 10/01/18 (b) | 1,370 | 1,428,170 | ||||
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New York State Dormitory Authority, State Supported Debt Revenue Bonds | ||||||
(Mental Health Services Facilities), AMT, Series C, 5.40%, 2/15/33 (c) | 6,460 | 5,201,657 | ||||
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New York State Dormitory Authority, State Supported Debt Revenue Bonds | ||||||
(Mental Health Services Facilities), Series A, 5%, 2/15/33 (c) | 5,400 | 4,866,426 | ||||
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New York State Dormitory Authority, State Supported Debt Revenue Bonds | ||||||
(Mental Health Facilities), Series B, 5.25%, 2/15/14 (e) | 1,570 | 1,708,238 | ||||
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New York State Energy Research and Development Authority, Gas Facilities | ||||||
Revenue Refunding Bonds (Brooklyn Union Gas Company/Keyspan), AMT, | ||||||
Series A, 4.70%, 2/01/24 (a) | 16,250 | 12,719,850 | ||||
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New York State Environmental Facilities Corporation, Special Obligation | ||||||
Revenue Refunding Bonds (Riverbank State Park), 6.25%, 4/01/12 (d) | 3,500 | 3,677,695 | ||||
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New York State, HFA, Housing Revenue Bonds (Tri-Senior Development | ||||||
Project), AMT, Series A, 5.40%, 11/15/42 (k) | 1,000 | 771,450 | ||||
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New York State, HFA, M/F Housing Revenue Bonds (Saint Philips Housing), | ||||||
AMT, Series A, 4.65%, 11/15/38 (k) | 3,750 | 2,842,837 | ||||
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New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, | ||||||
AMT, Series 143, 4.90%, 10/01/37 | 1,000 | 706,770 | ||||
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New York State Mortgage Agency, Homeowner Mortgage Revenue Refunding | ||||||
Bonds, AMT, Series 133, 4.95%, 10/01/21 | 1,540 | 1,305,828 | ||||
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New York State Mortgage Agency, Homeowner Mortgage Revenue Refunding | ||||||
Bonds, AMT, Series 143, 4.85%, 10/01/27 (b) | 2,485 | 1,920,656 | ||||
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New York State Thruway Authority, General Revenue Bonds, Series F, | ||||||
5%, 1/01/30 (d) | 6,000 | 5,591,580 | ||||
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4
BlackRock MuniYield New York Insured Fund, Inc. | ||||||
Schedule of Investments October 31, 2008 (Unaudited) | (Percentages shown are based on Net Assets) | |||||
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Par | ||||||
Municipal Bonds | (000) | Value | ||||
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New York State Thruway Authority, General Revenue Refunding Bonds, Series | ||||||
G, 4.75%, 1/01/29 (c) | $ 8,000 | $ 7,237,600 | ||||
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New York State Thruway Authority, General Revenue Refunding Bonds, Series | ||||||
G, 4.75%, 1/01/30 (c) | 9,000 | 8,047,440 | ||||
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New York State Thruway Authority, General Revenue Refunding Bonds, Series | ||||||
H, 5%, 1/01/37 (a)(c) | 10,000 | 8,971,900 | ||||
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New York State Thruway Authority, Highway and Bridge Trust Fund, Second | ||||||
Generation Revenue Bonds, Series B, 5%, 4/01/27 | 1,500 | 1,427,100 | ||||
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New York State Thruway Authority, Second General Highway and Bridge | ||||||
Trust Fund Revenue Bonds, Series A, 5%, 4/01/26 (d) | 4,380 | 4,212,290 | ||||
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New York State Urban Development Corporation, Personal Income Tax | ||||||
Revenue Bonds, Series C-1, 5%, 3/15/13 (b)(e) | 3,000 | 3,206,700 | ||||
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New York State Urban Development Corporation, Personal Income Tax | ||||||
Revenue Bonds (State Facilities), Series A-1, 5%, 3/15/29 (a)(b) | 5,000 | 4,736,650 | ||||
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New York State Urban Development Corporation, Revenue Refunding Bonds | ||||||
(Correctional Capital Facilities), Series A, 6.50%, 1/01/11 (c) | 3,190 | 3,428,612 | ||||
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Niagara Falls, New York, GO (Water Treatment Plant), AMT, | ||||||
7.25%, 11/01/10 (b) | 1,000 | 1,091,550 | ||||
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Niagara, New York, Frontier Authority, Airport Revenue Bonds (Buffalo | ||||||
Niagara International Airport), Series B, 5.50%, 4/01/19 (b) | 2,705 | 2,726,126 | ||||
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North Country, New York, Development Authority, Solid Waste Management | ||||||
System, Revenue Refunding Bonds, 6%, 5/15/15 (c) | 1,260 | 1,346,663 | ||||
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North Hempstead, New York, GO, Refunding, Series B, | ||||||
6.40%, 4/01/13 (a)(b) | 1,745 | 1,941,679 | ||||
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North Hempstead, New York, GO, Refunding, Series B, | ||||||
6.40%, 4/01/17 (a)(b) | 555 | 631,723 | ||||
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Oneida County, New York, IDA, Civic Facilities Revenue Bonds (Mohawk | ||||||
Valley), Series A, 5.20%, 2/01/13 (c) | 1,665 | 1,690,558 | ||||
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| |||
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, | ||||||
AMT, 141st Series, 4.50%, 9/01/35 (i) | 1,000 | 729,540 | ||||
|
|
|
| |||
Port Authority of New York and New Jersey, Special Obligation | ||||||
Revenue Bonds (JFK International Air Terminal LLC), AMT, Series 6, | ||||||
6.25%, 12/01/10 (b) | 14,750 | 14,701,620 | ||||
|
|
|
| |||
Port Authority of New York and New Jersey, Special Obligation | ||||||
Revenue Bonds (JFK International Air Terminal LLC), AMT, Series 6, | ||||||
6.25%, 12/01/11 (b) | 7,175 | 7,043,626 | ||||
|
|
|
| |||
Port Authority of New York and New Jersey, Special Obligation | ||||||
Revenue Bonds (JFK International Air Terminal LLC), AMT, Series 6, | ||||||
6.25%, 12/01/13 (b) | 4,425 | 4,261,585 | ||||
|
|
|
| |||
Port Authority of New York and New Jersey, Special Obligation | ||||||
Revenue Bonds (JFK International Air Terminal LLC), AMT, Series 6, | ||||||
6.25%, 12/01/14 (b) | 7,380 | 7,066,129 | ||||
|
|
|
| |||
Port Authority of New York and New Jersey, Special Obligation | ||||||
Revenue Bonds (JFK International Air Terminal LLC), AMT, Series 6, | ||||||
5.75%, 12/01/22 (b) | 10,160 | 8,983,675 | ||||
|
|
|
|
5
BlackRock MuniYield New York Insured Fund, Inc. | ||||||||
Schedule of Investments October 31, 2008 (Unaudited) | (Percentages shown are based on Net Assets) | |||||||
|
| |||||||
Par | ||||||||
Municipal Bonds | (000) | Value | ||||||
|
|
|
|
| ||||
Port Authority of New York and New Jersey, Special Obligation | ||||||||
Revenue Bonds (JFK International Air Terminal LLC), AMT, Series 6, | ||||||||
5.75%, 12/01/25 (b) | $ 3,500 | $ 3,011,575 | ||||||
|
|
| ||||||
Rensselaer County, New York, IDA, Civic Facility Revenue Bonds (Rensselaer | ||||||||
Polytechnic Institute), 5%, 3/01/36 | 3,000 | 2,566,980 | ||||||
|
|
|
| |||||
Rensselaer County, New York, IDA, Civic Facility Revenue Bonds (Rensselaer | ||||||||
Polytechnic Institute), Series B, 5.50%, 8/01/22 (d) | 1,255 | 1,260,284 | ||||||
|
|
|
| |||||
Rochester, New York, Housing Authority, Mortgage Revenue Bonds (Andrews | ||||||||
Terrace Apartments Project), AMT, 4.70%, 12/20/38 (l) | 1,500 | 1,007,265 | ||||||
|
|
|
| |||||
Suffolk County, New York, IDA, IDR (Keyspan-Port Jefferson), AMT, | ||||||||
5.25%, 6/01/27 | 4,625 | 3,644,870 | ||||||
|
|
|
| |||||
Suffolk County, New York, IDA, Solid Waste Disposal Facility, Revenue | ||||||||
Refunding Bonds (Ogden Martin System Huntington Project), AMT, | ||||||||
6%, 10/01/10 (d) | 8,530 | 8,715,698 | ||||||
|
|
|
| |||||
Suffolk County, New York, IDA, Solid Waste Disposal Facility, Revenue | ||||||||
Refunding Bonds (Ogden Martin System Huntington Project), AMT, | ||||||||
6.15%, 10/01/11 (d) | 9,170 | 9,406,678 | ||||||
|
|
|
| |||||
Suffolk County, New York, IDA, Solid Waste Disposal Facility, Revenue | ||||||||
Refunding Bonds (Ogden Martin System Huntington Project), AMT, | ||||||||
6.25%, 10/01/12 (d) | 6,470 | 6,643,137 | ||||||
|
|
|
| |||||
Syracuse, New York, IDA, PILOT Revenue Bonds (Carousel Center Project), | ||||||||
AMT, Series A, 5%, 1/01/36 (m) | 11,500 | 8,318,410 | ||||||
|
|
|
| |||||
Tobacco Settlement Financing Corporation of New York Revenue Bonds, | ||||||||
Series A-1, 5.25%, 6/01/20 (d) | 5,000 | 4,897,900 | ||||||
|
|
|
| |||||
Tobacco Settlement Financing Corporation of New York Revenue Bonds, | ||||||||
Series A-1, 5.25%, 6/01/22 (d) | 2,000 | 1,906,500 | ||||||
|
|
|
| |||||
Tobacco Settlement Financing Corporation of New York Revenue Bonds, | ||||||||
Series C-1, 5.50%, 6/01/22 | 1,900 | 1,855,540 | ||||||
|
|
|
| |||||
Triborough Bridge and Tunnel Authority, New York, General Purpose Revenue | ||||||||
Refunding Bonds, Series Y, 6%, 1/01/12 (b)(j) | 2,305 | 2,433,365 | ||||||
|
|
|
| |||||
Triborough Bridge and Tunnel Authority, New York, Subordinate Revenue | ||||||||
Bonds, 5%, 11/15/28 (d) | 2,465 | 2,339,334 | ||||||
|
|
|
| |||||
Triborough Bridge and Tunnel Authority, New York, Subordinate Revenue | ||||||||
Bonds, Series A, 5.25%, 11/15/30 (b) | 6,000 | 5,854,500 | ||||||
| ||||||||
556,360,615 | ||||||||
|
|
|
|
| ||||
Guam - 0.8% | A.B. Won Guam International Airport Authority, General Revenue Refunding | |||||||
Bonds, AMT, Series C, 5.25%, 10/01/21 (b) | 2,240 | 1,939,325 | ||||||
|
|
|
| |||||
A.B. Won Guam International Airport Authority, General Revenue Refunding | ||||||||
Bonds, AMT, Series C, 5.25%, 10/01/22 (b) | 2,050 | 1,750,372 | ||||||
| ||||||||
3,689,697 | ||||||||
|
|
|
|
| ||||
Puerto Rico - 12.5% | Puerto Rico Commonwealth Aqueduct and Sewer Authority, Senior Lien | |||||||
Revenue Bonds, Series A, 5.125%, 7/01/47 (g) | 10,980 | 9,178,731 | ||||||
|
|
|
| |||||
Puerto Rico Commonwealth, GO, Refunding, Sub-Series C-7, | ||||||||
6%, 7/01/27 (b) | 2,000 | 1,949,460 | ||||||
|
|
|
| |||||
Puerto Rico Commonwealth, GO, Refunding, Sub-Series C-7, | ||||||||
6%, 7/01/28 (b) | 4,775 | 4,635,188 | ||||||
|
|
|
|
6
BlackRock MuniYield New York Insured Fund, Inc. | ||||||||
Schedule of Investments October 31, 2008 (Unaudited) | (Percentages shown are based on Net Assets) | |||||||
|
| |||||||
Par | ||||||||
Municipal Bonds | (000) | Value | ||||||
|
|
|
|
| ||||
Puerto Rico Commonwealth Highway and Transportation Authority, Highway | ||||||||
Revenue Refunding Bonds, Series CC, 5.50%, 7/01/31 (c) | $ 5,000 | $ 4,680,250 | ||||||
|
|
|
| |||||
Puerto Rico Commonwealth Highway and Transportation Authority, Highway | ||||||||
Revenue Refunding Bonds, Series CC, 5.25%, 7/01/33 (c) | 1,000 | 895,730 | ||||||
|
|
|
| |||||
Puerto Rico Commonwealth Highway and Transportation Authority, Highway | ||||||||
Revenue Refunding Bonds, Series CC, 5.25%, 7/01/34 (c) | 4,000 | 3,561,480 | ||||||
|
|
|
| |||||
Puerto Rico Commonwealth Highway and Transportation Authority, Highway | ||||||||
Revenue Refunding Bonds, Series CC, 5.25%, 7/01/36 (c) | 6,000 | 5,292,960 | ||||||
|
|
|
| |||||
Puerto Rico Commonwealth Highway and Transportation Authority, | ||||||||
Transportation Revenue Bonds, Series G, 5.25%, 7/01/13 (a)(e) | 655 | 714,533 | ||||||
|
|
| ||||||
Puerto Rico Commonwealth Highway and Transportation Authority, | ||||||||
Transportation Revenue Bonds, Series G, 5.25%, 7/01/19 (a) | 2,265 | 2,133,222 | ||||||
|
|
| ||||||
Puerto Rico Commonwealth Highway and Transportation Authority, | ||||||||
Transportation Revenue Bonds, Series G, 5.25%, 7/01/21 (a) | 345 | 317,638 | ||||||
|
|
| ||||||
Puerto Rico Commonwealth Highway and Transportation Authority, | ||||||||
Transportation Revenue Refunding Bonds, Series D, 5.75%, 7/01/12 (e) | 3,000 | 3,242,040 | ||||||
|
|
| ||||||
Puerto Rico Commonwealth Infrastructure Financing Authority, Special Tax | ||||||||
and Capital Appreciation Revenue Bonds, Series A, 4.62%, 7/01/31 (a)(n) | 22,030 | 4,794,609 | ||||||
|
|
| ||||||
Puerto Rico Commonwealth Infrastructure Financing Authority, Special Tax | ||||||||
and Capital Appreciation Revenue Bonds, Series A, 4.67%, 7/01/35 (d)(n) | 3,900 | 627,315 | ||||||
|
|
| ||||||
Puerto Rico Commonwealth Infrastructure Financing Authority, Special Tax | ||||||||
and Capital Appreciation Revenue Bonds, Series A, 4.77%, 7/01/43 (d)(n) | 8,000 | 728,240 | ||||||
|
|
| ||||||
Puerto Rico Convention Center District Authority, Hotel Occupancy Tax | ||||||||
Revenue Bonds, Series A, 5%, 7/01/31 (d) | 4,000 | 3,342,840 | ||||||
|
|
|
| |||||
Puerto Rico Housing Financing Authority, Capital Funding Program, | ||||||||
Subordinate Revenue Refunding Bonds, 5.125%, 12/01/27 | 5,000 | 4,674,000 | ||||||
|
|
|
| |||||
Puerto Rico Municipal Finance Agency, GO, Series A, 5%, 8/01/30 (c) | 2,000 | 1,769,700 | ||||||
|
|
| ||||||
Puerto Rico Public Buildings Authority, Government Facilities Revenue | ||||||||
Refunding Bonds, Series M-3, 6%, 7/01/28 (b)(o) | 2,850 | 2,766,552 | ||||||
|
|
|
| |||||
Puerto Rico Public Finance Corporation, Commonwealth Appropriation | ||||||||
Revenue Bonds, Series E, 5.50%, 2/01/12 (e) | 700 | 745,941 | ||||||
| ||||||||
56,050,429 | ||||||||
|
|
|
|
| ||||
Total Municipal Bonds - 137.7% | 616,100,741 | |||||||
|
|
|
|
| ||||
Municipal Bonds Transferred to Tender Option Bond Trusts (p) | ||||||||
|
|
|
| |||||
New York - 18.6% | Erie County, New York, IDA, School Facility Revenue Bonds (City of Buffalo | |||||||
Project), 5.75%, 5/01/24 (c) | 4,238 | 4,285,714 | ||||||
|
|
|
| |||||
Metropolitan Transportation Authority, New York, Dedicated Tax Fund | ||||||||
Revenue Bonds, Series A, 5%, 11/15/31 (b) | 3,901 | 3,404,306 | ||||||
|
|
|
| |||||
Metropolitan Transportation Authority, New York, Revenue Refunding | ||||||||
Bonds, Series A, 5%, 11/15/30 (c) | 8,456 | 7,767,284 | ||||||
|
|
|
| |||||
New York City, New York, Sales Tax Asset Receivable Corporation Revenue | ||||||||
Bonds, Series A, 5.25%, 10/15/27 (d) | 13,000 | 12,851,575 | ||||||
|
|
|
| |||||
New York City, New York, Sales Tax Asset Receivable Corporation Revenue | ||||||||
Bonds, Series A, 5%, 10/15/32 (d) | 16,000 | 15,707,480 | ||||||
|
|
|
| |||||
New York City, New York, Series J, 5%, 5/15/23 | 6,750 | 6,471,765 | ||||||
|
|
|
|
7
BlackRock MuniYield New York Insured Fund, Inc. | ||||||
Schedule of Investments October 31, 2008 (Unaudited) | (Percentages shown are based on Net Assets) | |||||
|
| |||||
Par | ||||||
Municipal Bonds Transferred to Tender Option Bond Trusts (p) | (000) | Value | ||||
|
|
| ||||
New York State Dormitory Authority, Non-State Supported Debt Revenue | ||||||
Bonds (New York University), Series A, 5%, 7/01/38 | $ 6,498 | $ 5,824,488 | ||||
|
|
|
| |||
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, | ||||||
AMT, 137th Series, 5.125%, 7/15/30 (c) | 2,500 | 2,175,850 | ||||
|
|
|
| |||
Triborough Bridge and Tunnel Authority, New York, Revenue Refunding | ||||||
Bonds, 5.25%, 11/15/23 (b) | 7,000 | 6,935,250 | ||||
|
|
|
| |||
Triborough Bridge and Tunnel Authority, New York, Revenue Refunding | ||||||
Bonds, 5%, 11/15/32 (b) | 19,677 | 18,030,147 | ||||
|
|
|
| |||
Total Municipal Bonds Transferred to Tender Option Bond Trusts - 18.6% | 83,453,859 | |||||
|
|
| ||||
Total Long-Term Investments (Cost - $775,909,624) - 156.3% | 699,554,600 | |||||
|
|
| ||||
Short-Term Securities | Shares | |||||
CMA New York Municipal Money Fund, 1.20% (q)(r) | 49,099,024 | 49,099,024 | ||||
|
|
|
| |||
Total Short-Term Securities (Cost - $49,099,024) - 11.0% | 49,099,024 | |||||
|
|
| ||||
Total Investments (Cost - $825,008,648*) - 167.3% | 748,653,624 | |||||
Other Assets Less Liabilities - 2.4% | 10,738,174 | |||||
Liability for Trust Certificates, Including Interest Expense and Fees | ||||||
Payable - (11.6)% | (51,934,646) | |||||
Preferred Shares, at Redemption Value - (58.1)% | (259,975,802) | |||||
Net Assets Applicable to Common Shares - 100.0% | $ 447,481,350 |
* The cost and unrealized appreciation (depreciation) of investments as of October 31, 2008, as computed for federal income tax purposes, were as follows:
Aggregate cost | $ 772,837,161 | |
Gross unrealized appreciation | $ 4,346,181 | |
Gross unrealized depreciation | (80,034,920) | |
Net unrealized depreciation | $ (75,688,739) |
(a) | FGIC Insured. |
(b) | MBIA Insured. |
(c) | FSA Insured. |
(d) | AMBAC Insured. |
(e) | U.S. 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. |
(f) | ACA Insured. |
(g) | Assured Guaranty Insured. |
(h) | FHA Insured. |
(i) | CIFG Insured. |
(j) | Security is collateralized by Municipal or U.S. Treasury Obligations. |
(k) | FNMA Collateralized. |
(l) | GNMA Collateralized. |
(m) | XL Capital Insured. |
(n) | Represents a zero-coupon bond. Rate shown reflects the effective yield at the time of purchase. |
(o) | Commonwealth Guaranteed. |
(p) | Securities represent bonds transferred to a tender option bond trust in exchange for which the Fund acquired residual interest certificates. These securities serve as collateral in a financing transaction. |
8
BlackRock MuniYield New York Insured Fund, Inc.
Schedule of Investments October 31, 2008 (Unaudited)
(q) | Investments in companies considered to be an affiliate of the Fund, for purposes of Section 2(a)(3) of the Investment Company Act of 1940, were as follows: |
Affiliate | Net Activity | Income | ||
CMA New York Municipal Money Fund | 35,127,857 | $ 79,099 | ||
(r) Represents the current yield as of report date. |
Effective August 1, 2008, the Fund adopted Financial Accounting Standards Board Statement of Financial Accounting Standards No. 157, "Fair Value Measurements" ("FAS 157"). FAS 157 clarifies the definition of fair value, establishes a framework for measuring fair values and requires additional disclosures about the use of fair value measurements. Various inputs are used in determining the fair value of investments, which are as follows: | ||
Level 1 - price quotations in active markets/exchanges for identical securities | ||
Level 2 - other observable inputs (including, but not limited to: quoted prices for 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 circumstance, to the extent observable inputs are not available (including the Fund's own assumption used 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. 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 October 31, 2008 in determining the fair valuation of the Fund's investments: | ||
Valuation | Investments in | |
Inputs | Securities | |
Level 1 | $ 49,099,024 | |
Level 2 | 699,554,600 | |
Level 3 | - | |
Total | $ 748,653,624 |
9
Item 2 Controls and Procedures 2(a) The registrants principal executive and principal financial officers or persons performing similar functions have concluded that the registrants 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 registrants internal control over financial reporting (as defined in Rule 30a- 3(d) under the 1940 Act) that occurred during the registrants last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrants 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 MuniYield New York Insured Fund, Inc. By: /s/ Donald C. Burke Donald C. Burke Chief Executive Officer of BlackRock MuniYield New York Insured Fund, Inc. Date: December 19, 2008 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/ Donald C. Burke Donald C. Burke Chief Executive Officer (principal executive officer) of BlackRock MuniYield New York Insured Fund, Inc. Date: December 19, 2008 By: /s/ Neal J. Andrews Neal J. Andrews Chief Financial Officer (principal financial officer) of BlackRock MuniYield New York Insured Fund, Inc. Date: December 19, 2008 |