UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY
 
Investment Company Act file number 811-05238
 
Nuveen New York Municipal Value Fund, Inc.
(Exact name of registrant as specified in charter)
 
Nuveen Investments
        333 West Wacker Drive, Chicago, Illinois 60606         
(Address of principal executive offices) (Zip code)
 

Kevin J. McCarthy
Vice President and Secretary
        333 West Wacker Drive, Chicago, Illinois 60606         
(Name and address of agent for service)
 
Registrant's telephone number, including area code:         312-917-7700        
 
Date of fiscal year end:            9/30          
 
Date of reporting period:         6/30/16         
 
Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.
 
A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget ("OMB") control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

 
 
Item 1. Schedule of Investments
 

 
  
Portfolio of Investments 
 
 
 
 
 
  
Nuveen New York Municipal Value Fund, Inc. (NNY) 
 
 
 
 
  
June 30, 2016 (Unaudited) 
 
 
 
 
 
Principal 
  
 
Optional Call 
 
 
Amount (000) 
  
Description (1) 
Provisions (2) 
Ratings (3) 
Value 
 
  
LONG-TERM INVESTMENTS – 100.6% (100.0% of Total Investments) 
 
 
 
 
 
  
MUNICIPAL BONDS – 100.6% (100.0% of Total Investments) 
 
 
 
 
 
  
Consumer Discretionary – 1.3% (1.2% of Total Investments) 
 
 
 
$ 1,950 
  
Seneca Nation of Indians Capital Improvements Authority, New York, Special Obligation Bonds, 
6/17 at 100.00 
N/R 
$ 2,003,060 
 
  
Series 2007A, 5.000%, 12/01/23 
 
 
 
 
  
Consumer Staples – 1.4% (1.4% of Total Investments) 
 
 
 
500 
  
Nassau County Tobacco Settlement Corporation, New York, Tobacco Settlement Asset-Backed Bonds, 
9/16 at 100.00 
B– 
501,800 
 
  
Refunding Series 2006A-2, 5.250%, 6/01/26 
 
 
 
875 
  
Nassau County Tobacco Settlement Corporation, New York, Tobacco Settlement Asset-Backed Bonds, 
9/16 at 100.00 
B– 
874,930 
 
  
Series 2006A-3, 5.000%, 6/01/35 
 
 
 
 
  
TSASC Inc., New York, Tobacco Asset-Backed Bonds, Series 2006: 
 
 
 
335 
  
4.750%, 6/01/22 
9/16 at 100.00 
BBB– 
335,338 
345 
  
5.000%, 6/01/26 
9/16 at 100.00 
BB– 
345,800 
240 
  
5.125%, 6/01/42 
9/16 at 100.00 
B– 
238,694 
2,295 
  
Total Consumer Staples 
 
 
2,296,562 
 
  
Education and Civic Organizations – 22.3% (22.2% of Total Investments) 
 
 
 
275 
  
Albany Industrial Development Agency, New York, Revenue Bonds, Albany Law School, Series 
7/17 at 100.00 
BBB 
284,111 
 
  
2007A, 5.000%, 7/01/31 
 
 
 
415 
  
Albany Industrial Development Agency, New York, Revenue Bonds, Brighter Choice Charter 
4/17 at 100.00 
B 
378,932 
 
  
Schools, Series 2007A, 5.000%, 4/01/37 
 
 
 
1,350 
  
Brooklyn Arena Local Development Corporation, New York, Payment in Lieu of Taxes Revenue 
1/20 at 100.00 
BBB– 
1,560,506 
 
  
Bonds, Barclays Center Project, Series 2009, 6.250%, 7/15/40 
 
 
 
750 
  
Buffalo and Erie County Industrial Land Development Corporation, New York, Revenue Bonds, 
12/20 at 100.00 
B 
774,990 
 
  
Enterprise Charter School Project, Series 2011A, 7.500%, 12/01/40 
 
 
 
 
  
Build New York City Resource Corporation, New York, Revenue Bonds, City University of New York – 
 
 
 
 
  
Queens College, Q Student Residences, LLC Project, Refunding Series 2014A: 
 
 
 
1,000 
  
5.000%, 6/01/38 
6/24 at 100.00 
Aa2 
1,211,360 
1,250 
  
5.000%, 6/01/43 
6/24 at 100.00 
Aa2 
1,506,100 
 
  
Build New York City Resource Corporation, New York, Revenue Bonds, South Bronx Charter School 
 
 
 
 
  
for International Cultures and the Arts Project, Series 2013A: 
 
 
 
110 
  
5.000%, 4/15/33 
4/23 at 100.00 
BB+ 
114,224 
160 
  
5.000%, 4/15/43 
4/23 at 100.00 
BB+ 
164,344 
1,175 
  
Dormitory Authority of the State of New York, General Revenue Bonds, Manhattan College, Series 
7/17 at 100.00 
AA 
1,223,774 
 
  
2007A, 5.000%, 7/01/41 – RAAI Insured 
 
 
 
415 
  
Dormitory Authority of the State of New York, General Revenue Bonds, Saint Johns University, 
7/23 at 100.00 
A– 
486,799 
 
  
Series 2013A, 5.000%, 7/01/44 
 
 
 
1,000 
  
Dormitory Authority of the State of New York, Housing Revenue Bonds, Fashion Institute of 
No Opt. Call 
AA– 
1,306,300 
 
  
Technology, Series 2007, 5.250%, 7/01/34 – FGIC Insured 
 
 
 
 
  
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University Dormitory 
 
 
 
 
  
Facilities, Series 2015A: 
 
 
 
235 
  
5.000%, 7/01/31 
No Opt. Call 
Aa3 
294,580 
265 
  
5.000%, 7/01/33 
No Opt. Call 
Aa3 
329,708 
 
  
Dormitory Authority of the State of New York, Revenue Bonds, Icahn School of Medicine at Mount 
 
 
 
 
  
Sinai, Series 2015A: 
 
 
 
1,330 
  
5.000%, 7/01/40 
7/25 at 100.00 
A– 
1,612,678 
2,180 
  
5.000%, 7/01/45 
7/25 at 100.00 
A– 
2,643,337 
525 
  
Dormitory Authority of the State of New York, Revenue Bonds, New School University, Series 
7/20 at 100.00 
A– 
603,530 
 
  
2010, 5.250%, 7/01/30 
 
 
 
1,955 
  
Dormitory Authority of the State of New York, Revenue Bonds, New School University, Series 
7/25 at 100.00 
A– 
2,352,061 
 
  
2015A, 5.000%, 7/01/45 
 
 
 
760 
  
Dormitory Authority of the State of New York, Revenue Bonds, New York University, Series 
No Opt. Call 
AA– 
944,870 
 
  
2015A, 5.000%, 7/01/35 
 
 
 
2,385 
  
Dormitory Authority of the State of New York, Revenue Bonds, New York University, Series 
7/26 at 100.00 
AA– 
3,013,448 
 
  
2016A, 5.000%, 7/01/36 
 
 
 
280 
  
Dormitory Authority of the State of New York, Revenue Bonds, Saint Joseph’s College, Series 
7/20 at 100.00 
Ba1 
310,736 
 
  
2010, 5.250%, 7/01/35 
 
 
 
300 
  
Hempstead Town Local Development Corporation, New York, Revenue Bonds, Adelphi University 
9/23 at 100.00 
A– 
350,868 
 
  
Project, Series 2013, 5.000%, 9/01/43 
 
 
 
880 
  
Hempstead Town Local Development Corporation, New York, Revenue Bonds, Molloy College Project, 
7/19 at 100.00 
BBB 
979,528 
 
  
Series 2009, 5.750%, 7/01/39 
 
 
 
 
  
Monroe County Industrial Development Corporation, New York, Revenue Bonds, St. John Fisher 
 
 
 
 
  
College, Series 2011: 
 
 
 
1,000 
  
6.000%, 6/01/30 
6/21 at 100.00 
BBB+ 
1,194,270 
1,000 
  
6.000%, 6/01/34 
6/21 at 100.00 
BBB+ 
1,186,500 
3,000 
  
Monroe County Industrial Development Corporation, New York, Revenue Bonds, University of 
7/21 at 100.00 
AA– 
3,479,940 
 
  
Rochester Project, Series 2011B, 5.000%, 7/01/41 
 
 
 
 
  
New Rochelle Corporation, New York, Local Development Revenue Bonds, Iona College Project, 
 
 
 
 
  
Series 2015A: 
 
 
 
25 
  
5.000%, 7/01/40 
7/25 at 100.00 
BBB 
29,634 
25 
  
5.000%, 7/01/45 
7/25 at 100.00 
BBB 
29,503 
 
  
New York City Industrial Development Agency, New York, PILOT Revenue Bonds, Queens Baseball 
 
 
 
 
  
Stadium Project, Series 2006: 
 
 
 
1,500 
  
5.000%, 1/01/39 – AMBAC Insured 
1/17 at 100.00 
Baa3 
1,525,365 
1,175 
  
4.750%, 1/01/42 – AMBAC Insured 
1/17 at 100.00 
Baa3 
1,192,566 
 
  
New York City Industrial Development Authority, New York, PILOT Revenue Bonds, Yankee Stadium 
 
 
 
 
  
Project, Series 2006: 
 
 
 
1,610 
  
4.500%, 3/01/39 – FGIC Insured 
9/16 at 100.00 
BBB 
1,619,467 
800 
  
4.750%, 3/01/46 – NPFG Insured 
9/16 at 100.00 
AA– 
805,528 
1,345 
  
Tompkins County Development Corporation, New York, Revenue Bonds, Ithaca College, Series 2011, 
1/21 at 100.00 
A2 
1,562,823 
 
  
5.375%, 7/01/41 – AGM Insured 
 
 
 
300 
  
Troy Capital Resource Corporation, New York, Revenue Bonds, Rensselaer Polytechnic Institute, 
9/20 at 100.00 
A– 
343,044 
 
  
Series 2010A, 5.125%, 9/01/40 
 
 
 
30,775 
  
Total Education and Civic Organizations 
 
 
35,415,424 
 
  
Financials – 1.5% (1.5% of Total Investments) 
 
 
 
1,705 
  
New York Liberty Development Corporation, Revenue Bonds, Goldman Sachs Headquarters Issue, 
No Opt. Call 
A 
2,394,468 
 
  
Series 2007, 5.500%, 10/01/37 
 
 
 
 
  
Health Care – 3.6% (3.6% of Total Investments) 
 
 
 
990 
  
Dormitory Authority of the State of New York, FHA-Insured Mortgage Revenue Bonds, New York 
2/17 at 100.00 
N/R 
1,011,186 
 
  
Hospital Medical Center of Queens, Series 2007, 4.650%, 8/15/27 
 
 
 
350 
  
Dormitory Authority of the State of New York, Highland Hospital of Rochester Revenue Bonds, 
7/20 at 100.00 
A 
397,789 
 
  
Series 2010, 5.000%, 7/01/26 
 
 
 
 
  
Dormitory Authority of the State of New York, Orange Regional Medical Center Obligated Group 
 
 
 
 
  
Revenue Bonds, Series 2008: 
 
 
 
1,060 
  
6.500%, 12/01/21 
12/18 at 100.00 
Ba1 
1,179,547 
565 
  
6.125%, 12/01/29 
12/18 at 100.00 
Ba1 
619,206 
1,155 
  
6.250%, 12/01/37 
12/18 at 100.00 
Ba1 
1,266,319 
290 
  
Livingston County Industrial Development Agency, New York, Civic Facility Revenue Bonds, 
9/16 at 100.00 
BB 
291,360 
 
  
Nicholas H. Noyes Hospital, Series 2005, 6.000%, 7/01/30 
 
 
 
250 
  
Suffolk County Economic Development Corporation, New York, Revenue Bonds, Catholic Health 
7/21 at 100.00 
BBB+ 
285,535 
 
  
Services of Long Island Obligated Group Project, Refunding Series 2011, 5.000%, 7/01/28 
 
 
 
500 
  
Yonkers Industrial Development Agency, New York, Revenue Bonds, St. John’s Riverside Hospital, 
7/16 at 100.00 
BB– 
501,225 
 
  
Series 2001A, 7.125%, 7/01/31 
 
 
 
155 
  
Yonkers Industrial Development Agency, New York, Revenue Bonds, St. John’s Riverside Hospital, 
9/16 at 100.00 
BB– 
155,380 
 
  
Series 2001B, 7.125%, 7/01/31 
 
 
 
5,315 
  
Total Health Care 
 
 
5,707,547 
 
  
Housing/Multifamily – 1.7% (1.6% of Total Investments) 
 
 
 
225 
  
East Syracuse Housing Authority, New York, FHA-Insured Section 8 Assisted Revenue Refunding 
10/16 at 100.00 
AA 
225,851 
 
  
Bonds, Bennet Project, Series 2001A, 6.700%, 4/01/21 
 
 
 
1,000 
  
New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds, 
5/19 at 100.00 
AA+ 
1,085,140 
 
  
Series 2009C-1, 5.500%, 11/01/34 
 
 
 
1,250 
  
New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds, 
5/19 at 100.00 
AA+ 
1,320,050 
 
  
Series 2009M, 5.150%, 11/01/45 
 
 
 
2,475 
  
Total Housing/Multifamily 
 
 
2,631,041 
 
  
Industrials – 1.8% (1.8% of Total Investments) 
 
 
 
100 
  
Build New York City Resource Corporation, New York, Solid Waste Disposal Revenue Bonds, Pratt 
1/25 at 100.00 
N/R 
114,146 
 
  
Paper NY, Inc. Project, Series 2014, 5.000%, 1/01/35 (Alternative Minimum Tax) 
 
 
 
2,350 
  
New York Liberty Development Corporation, New York, Liberty Revenue Bonds, 3 World Trade 
11/24 at 100.00 
N/R 
2,729,713 
 
  
Center Project, Class 1 Series 2014, 5.000%, 11/15/44 
 
 
 
2,450 
  
Total Industrials 
 
 
2,843,859 
 
  
Long-Term Care – 1.0% (1.0% of Total Investments) 
 
 
 
435 
  
Dormitory Authority of the State of New York, GNMA Collateralized Revenue Bonds, Cabrini of 
2/17 at 103.00 
AA+ 
459,799 
 
  
Westchester Project, Series 2006, 5.200%, 2/15/41 
 
 
 
270 
  
Dormitory Authority of the State of New York, Non-State Supported Debt, Ozanam Hall of Queens 
11/16 at 100.00 
Baa2 
271,747 
 
  
Nursing Home Revenue Bonds, Series 2006, 5.000%, 11/01/31 
 
 
 
135 
  
Dormitory Authority of the State of New York, Revenue Bonds, Providence Rest, Series 2005, 
9/16 at 100.00 
N/R 
135,058 
 
  
5.000%, 7/01/35 – ACA Insured 
 
 
 
140 
  
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Special 
No Opt. Call 
N/R 
140,008 
 
  
Needs Facilities Pooled Program, Series 2001A-1, 7.250%, 7/01/16 
 
 
 
170 
  
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Special 
7/16 at 101.00 
N/R 
170,859 
 
  
Needs Facilities Pooled Program, Series 2008A-1, 5.500%, 7/01/18 
 
 
 
235 
  
Suffolk County Industrial Development Agency, New York, Civic Facility Revenue Bonds, Special 
7/16 at 101.00 
N/R 
180,842 
 
  
Needs Facilities Pooled Program, Series 2008-B1, 5.800%, 7/01/23 
 
 
 
225 
  
Yonkers Industrial Development Agency, New York, Civic Facilities Revenue Bonds, Special Needs 
7/16 at 101.00 
N/R 
226,478 
 
  
Facilities Pooled Program Bonds, Series 2008-C1, 5.800%, 7/01/23 
 
 
 
1,610 
  
Total Long-Term Care 
 
 
1,584,791 
 
  
Tax Obligation/General – 2.1% (2.1% of Total Investments) 
 
 
 
1,930 
  
New York City, New York, General Obligation Bonds, Fiscal 2008 Series D-1, 5.125%, 12/01/25 
12/17 at 100.00 
AA 
2,054,852 
1,000 
  
New York City, New York, General Obligation Bonds, Fiscal 2014 Series A-1, 5.000%, 8/01/26 
8/23 at 100.00 
AA 
1,251,810 
2,930 
  
Total Tax Obligation/General 
 
 
3,306,662 
 
  
Tax Obligation/Limited – 20.5% (20.4% of Total Investments) 
 
 
 
395 
  
Dormitory Authority of the State of New York, Department of Health Revenue Bonds, Series 
9/16 at 100.00 
AA 
396,639 
 
  
2005A, 5.250%, 7/01/24 – CIFG Insured 
 
 
 
 
  
Dormitory Authority of the State of New York, Second General Resolution Consolidated Revenue 
 
 
 
 
  
Bonds, City University System, Series 1993A: 
 
 
 
430 
  
5.750%, 7/01/18 
No Opt. Call 
AA 
449,247 
1,400 
  
6.000%, 7/01/20 
No Opt. Call 
AA 
1,626,576 
2,290 
  
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, General 
No Opt. Call 
AAA 
2,752,259 
 
  
Purpose Series 2012D, 5.000%, 2/15/37 
 
 
 
 
  
Dormitory Authority of the State of New York, State Sales Tax Revenue Bonds, Series 2015B. 
 
 
 
 
  
Group A,B&C: 
 
 
 
1,000 
  
5.000%, 3/15/32 
9/25 at 100.00 
AAA 
1,274,290 
640 
  
5.000%, 3/15/35 
9/25 at 100.00 
AAA 
806,246 
2,500 
  
Government of Guam, Business Privilege Tax Bonds, Refunding Series 2015D, 5.000%, 11/15/29 
No Opt. Call 
A 
3,058,300 
1,500 
  
Metropolitan Transportation Authority, New York, Dedicated Tax Fund Bonds, Series 2009B, 
11/19 at 100.00 
AA 
1,715,430 
 
  
5.000%, 11/15/34 
 
 
 
560 
  
Monroe Newpower Corporation, New York, Power Facilities Revenue Bonds, Series 2003, 
1/17 at 100.00 
A– 
564,833 
 
  
5.500%, 1/01/34 
 
 
 
1,200 
  
New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds, Fiscal 
1/17 at 100.00 
AA 
1,228,884 
 
  
Series 2007S-2, 5.000%, 1/15/28 – FGIC Insured 
 
 
 
1,500 
  
New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds, Fiscal 
1/19 at 100.00 
AA 
1,659,030 
 
  
Series 2009-S5, 5.250%, 1/15/39 
 
 
 
3,000 
  
New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds, Fiscal 
7/25 at 100.00 
AA 
3,699,119 
 
  
Series 2015S-2, 5.000%, 7/15/40 
 
 
 
1,680 
  
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Subordinate 
5/23 at 100.00 
AAA 
2,031,506 
 
  
Fiscal 2013 Series I, 5.000%, 5/01/38 
 
 
 
1,225 
  
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Subordinate 
2/24 at 100.00 
AAA 
1,502,757 
 
  
Fiscal 2014 Series D-1, 5.000%, 2/01/35 
 
 
 
2,100 
  
New York State Environmental Facilities Corporation, State Personal Income Tax Revenue Bonds, 
12/17 at 100.00 
AAA 
2,236,332 
 
  
Series 2008A, 5.000%, 12/15/27 (UB) 
 
 
 
2,450 
  
New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Series 2005B, 5.500%, 
No Opt. Call 
AA 
2,877,329 
 
  
4/01/20 – AMBAC Insured (UB) (4) 
 
 
 
600 
  
New York State Urban Development Corporation, Special Project Revenue Bonds, University 
No Opt. Call 
AA 
706,968 
 
  
Facilities Grants, Series 1995, 5.875%, 1/01/21 
 
 
 
20,000 
  
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Series 2007A, 0.000%, 
No Opt. Call 
AA– 
4,006,399 
 
  
8/01/43 – NPFG Insured 
 
 
 
44,470 
  
Total Tax Obligation/Limited 
 
 
32,592,144 
 
  
Transportation – 20.9% (20.8% of Total Investments) 
 
 
 
2,500 
  
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Refunding 
11/25 at 100.00 
AA– 
3,145,500 
 
  
Series 2015D-1, 5.000%, 11/15/30 
 
 
 
3,000 
  
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2008A, 
11/17 at 100.00 
AA– 
3,185,640 
 
  
5.250%, 11/15/36 
 
 
 
3,500 
  
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2012E, 
No Opt. Call 
AA– 
4,209,029 
 
  
5.000%, 11/15/42 
 
 
 
1,100 
  
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2013E, 
11/23 at 100.00 
AA– 
1,358,313 
 
  
5.000%, 11/15/31 
 
 
 
2,000 
  
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2014B, 
5/24 at 100.00 
AA– 
2,497,800 
 
  
5.250%, 11/15/38 
 
 
 
1,500 
  
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Bronx 
10/17 at 102.00 
N/R 
509,970 
 
  
Parking Development Company, LLC Project, Series 2007, 5.875%, 10/01/46 (5) 
 
 
 
660 
  
New York Liberty Development Corporation, New York, Liberty Revenue Bonds, 4 World Trade 
11/21 at 100.00 
A+ 
776,609 
 
  
Center Project, Series 2011, 5.000%, 11/15/44 
 
 
 
665 
  
New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, 
8/21 at 100.00 
BB 
728,933 
 
  
American Airlines, Inc. John F Kennedy International Airport Project, Refunding Series 2016, 
 
 
 
 
  
5.000%, 8/01/31 (Alternative Minimum Tax) 
 
 
 
1,830 
  
New York Transportation Development Corporation, Special Facilities Bonds, LaGuardia Airport 
7/24 at 100.00 
BBB 
2,116,853 
 
  
Terminal B Redevelopment Project, Series 2016A, 5.000%, 7/01/46 (Alternative Minimum Tax) 
 
 
 
5,900 
  
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred 
5/25 at 100.00 
AA– 
7,251,807 
 
  
Eighty-Ninth Series 2015, 5.000%, 5/01/40 
 
 
 
325 
  
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Forty 
No Opt. Call 
AA 
388,947 
 
  
Eighth Series 2008, Tender Option Bond Trust 2015-XF2178, 16.592%, 3/16/17 – AGM Insured (IF) 
 
 
 
1,575 
  
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Seventy 
12/23 at 100.00 
AA– 
1,924,776 
 
  
Ninth Series 2013, 5.000%, 12/01/43 
 
 
 
 
  
Port Authority of New York and New Jersey, Special Project Bonds, JFK International Air 
 
 
 
 
  
Terminal LLC Project, Eighth Series 2010: 
 
 
 
225 
  
6.500%, 12/01/28 
9/16 at 100.00 
Baa1 
226,926 
1,160 
  
6.000%, 12/01/36 
12/20 at 100.00 
Baa1 
1,375,284 
2,000 
  
Triborough Bridge and Tunnel Authority, New York, General Purpose Revenue Bonds, Refunding 
5/26 at 100.00 
AA– 
2,512,760 
 
  
Series 2016A, 5.000%, 11/15/41 
 
 
 
780 
  
Triborough Bridge and Tunnel Authority, New York, General Purpose Revenue Bonds, Refunding 
No Opt. Call 
AA– 
936,741 
 
  
Subordinate Lien Series 2002E, 5.500%, 11/15/20 – NPFG Insured 
 
 
 
28,720 
  
Total Transportation 
 
 
33,145,888 
 
  
U.S. Guaranteed – 7.9% (7.8% of Total Investments) (6) 
 
 
 
990 
  
Albany Industrial Development Agency, New York, Revenue Bonds, Saint Peter’s Hospital, Series 
11/17 at 100.00 
N/R (6) 
1,061,369 
 
  
2008D, 5.750%, 11/15/27 (Pre-refunded 11/15/17) 
 
 
 
450 
  
Dormitory Authority of the State of New York, Judicial Facilities Lease Revenue Bonds, Suffolk 
No Opt. Call 
Aaa 
450,081 
 
  
County Issue, Series 1986, 7.375%, 7/01/16 (ETM) 
 
 
 
2,100 
  
Dormitory Authority of the State of New York, Revenue Bonds, NYU Hospitals Center, Series 
7/20 at 100.00 
A– (6) 
2,531,634 
 
  
2011A, 6.000%, 7/01/40 (Pre-refunded 7/01/20) 
 
 
 
610 
  
Erie County Industrial Development Agency, New York, Revenue Bonds, Orchard Park CCRC Inc. 
11/16 at 100.00 
N/R (6) 
622,542 
 
  
Project, Series 2006A, 6.000%, 11/15/36 (Pre-refunded 11/15/16) 
 
 
 
 
  
Madison County Industrial Development Agency, New York, Civic Facility Revenue Bonds, Oneida 
 
 
 
 
  
Health System, Series 2007A: 
 
 
 
280 
  
5.250%, 2/01/27 (Pre-refunded 2/01/17) 
2/17 at 100.00 
Aaa 
287,745 
260 
  
5.500%, 2/01/32 (Pre-refunded 2/01/17) 
2/17 at 100.00 
Aaa 
267,571 
 
  
New York City, New York, General Obligation Bonds, Fiscal 2007, Series 2006A: 
 
 
 
30 
  
5.000%, 8/01/25 (Pre-refunded 8/01/16) 
8/16 at 100.00 
N/R (6) 
30,116 
2,765 
  
5.000%, 8/01/25 (Pre-refunded 8/01/16) 
8/16 at 100.00 
AA (6) 
2,775,701 
2,830 
  
New York City, New York, General Obligation Bonds, Fiscal 2008 Series D-1, 5.125%, 12/01/25 
12/17 at 100.00 
N/R (6) 
3,005,715 
 
  
(Pre-refunded 12/01/17) 
 
 
 
1,175 
  
New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Series 2007, 5.000%, 
10/17 at 100.00 
AA+ (6) 
1,238,955 
 
  
4/01/27 (Pre-refunded 10/01/17) 
 
 
 
170 
  
Seneca County Industrial Development Authority, New York, Revenue Bonds, New York Chiropractic 
10/17 at 100.00 
BBB+ (6) 
179,353 
 
  
College, Series 2007, 5.000%, 10/01/27 (Pre-refunded 10/01/17) 
 
 
 
45 
  
Suffolk County Economic Development Corporation, New York, Revenue Bonds, Catholic Health 
7/21 at 100.00 
N/R (6) 
53,847 
 
  
Services of Long Island Obligated Group Project, Refunding Series 2011, 5.000%, 7/01/28 
 
 
 
 
  
(Pre-refunded 7/01/21) 
 
 
 
11,705 
  
Total U.S. Guaranteed 
 
 
12,504,629 
 
  
Utilities – 8.4% (8.4% of Total Investments) 
 
 
 
1,000 
  
Chautauqua County Industrial Development Agency, New York, Exempt Facility Revenue Bonds, NRG 
2/20 at 100.00 
Baa3 
1,087,830 
 
  
Dunkirk Power Project, Series 2009, 5.875%, 4/01/42 
 
 
 
90 
  
Guam Power Authority, Revenue Bonds, Series 2012A, 5.000%, 10/01/34 
10/22 at 100.00 
BBB 
101,723 
 
  
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2006A: 
 
 
 
90 
  
5.000%, 12/01/23 – FGIC Insured 
9/16 at 100.00 
AA– 
90,352 
125 
  
5.000%, 12/01/24 – FGIC Insured 
9/16 at 100.00 
AA– 
125,486 
135 
  
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2014A, 
9/24 at 100.00 
A– 
161,780 
 
  
5.000%, 9/01/44 
 
 
 
400 
  
Long Island Power Authority, New York, Electric System Revenue Bonds, Series 2011A, 
5/21 at 100.00 
A– 
455,240 
 
  
5.000%, 5/01/38 
 
 
 
1,250 
  
Long Island Power Authority, New York, Electric System Revenue Bonds, Series 2012A, 
No Opt. Call 
A– 
1,488,175 
 
  
5.000%, 9/01/37 
 
 
 
2,490 
  
Niagara Area Development Corporation, New York, Solid Waste Disposal Facility Revenue 
No Opt. Call 
BB+ 
2,552,848 
 
  
Refunding Bonds, Covanta Energy Project, Series 2012A, 5.250%, 11/01/42 (Alternative 
 
 
 
 
  
Minimum Tax) 
 
 
 
450 
  
Suffolk County Industrial Development Agency, New York, Revenue Bonds, Nissequogue 
7/16 at 100.00 
N/R 
450,275 
 
  
Cogeneration Partners Facility, Series 1998, 5.500%, 1/01/23 (Alternative Minimum Tax) 
 
 
 
 
  
Utility Debt Securitization Authority, New York, Restructuring Bonds, Series 2013TE: 
 
 
 
4,440 
  
5.000%, 12/15/34 
12/23 at 100.00 
AAA 
5,483,266 
1,100 
  
5.000%, 12/15/41 
12/23 at 100.00 
AAA 
1,353,264 
11,570 
  
Total Utilities 
 
 
13,350,239 
 
  
Water and Sewer – 6.2% (6.2% of Total Investments) 
 
 
 
300 
  
Buffalo Municipal Water Finance Authority, New York, Water System Revenue Bonds, Refunding 
7/25 at 100.00 
A 
372,420 
 
  
Series 2015A, 5.000%, 7/01/29 
 
 
 
1,000 
  
New York State Environmental Facilities Corporation, Revenue Bonds, State Revolving Funds 
2/22 at 100.00 
AAA 
1,166,940 
 
  
Master Financing, Refunding Series 2012B, 5.000%, 2/15/42 
 
 
 
 
  
New York State Environmental Facilities Corporation, State Clean Water and Drinking Water 
 
 
 
 
  
Revolving Funds Revenue Bonds, New York City Municipal Water Finance Authority Projects, 
 
 
 
 
  
Second Resolution Subordinated SRF Series 2015A: 
 
 
 
2,100 
  
5.000%, 6/15/36 
6/25 at 100.00 
AAA 
2,641,800 
2,500 
  
5.000%, 6/15/40 
6/25 at 100.00 
AAA 
3,121,600 
2,000 
  
New York State Environmental Facilities Corporation, State Clean Water and Drinking Water 
6/26 at 100.00 
AAA 
2,591,640 
 
  
Revolving Funds Revenue Bonds, New York City Municipal Water Finance Authority Projects, 
 
 
 
 
  
Second Resolution Subordinated SRF Series 2016A, 5.000%, 6/15/32 
 
 
 
7,900 
  
Total Water and Sewer 
 
 
9,894,400 
$ 155,870 
  
Total Long-Term Investments (cost $145,272,480) 
 
 
159,670,714 
 
  
Floating Rate Obligations – (2.1)% 
 
 
(3,255,000) 
 
  
Other Assets Less Liabilities – 1.5% 
 
 
2,292,139 
 
  
Net Assets Applicable to Common Shares – 100% 
 
 
$ 158,707,853 
 
 
Fair Value Measurements
Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. A three-tier hierarchy is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
Level 1 – Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3 – Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
The inputs or methodologies used for valuing securities are not an indication of the risk associated with investing in those securities. The following is a summary of the Fund's fair value measurements as of the end of the reporting period:
 
Level 1 
Level 2 
Level 3 
Total 
Long-Term Investments: 
 
 
 
 
Municipal Bonds 
$ — 
$159,670,714 
$ — 
$159,670,714 
 
Income Tax Information
The following information is presented on an income tax basis. Differences between amounts for financial statement and federal income tax purposes are primarily due to timing differences in recognizing taxable market discount, timing differences in recognizing certain gains and losses on investment transactions and the treatment of investments in inverse floating rate securities reflected as financing transactions, if any. To the extent that differences arise that are permanent in nature, such amounts are reclassified within the capital accounts on the Statement of Assets and Liabilities presented in the annual report, based on their federal tax basis treatment; temporary differences do not require reclassification. Temporary and permanent differences do not impact the net asset value of the Fund.
As of June 30, 2016, the cost of investments was $141,622,752.
Gross unrealized appreciation and gross unrealized depreciation of investments as of June 30, 2016, were as follows:
   
Gross unrealized: 
 
Appreciation 
$15,575,651 
Depreciation 
(784,464) 
Net unrealized appreciation (depreciation) of investments 
$14,791,187 
 
(1) 
  
All percentages shown in the Portfolio of Investments are based on net assets applicable to common 
 
  
shares unless otherwise noted. 
(2) 
  
Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. 
 
  
There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities 
 
  
may be subject to periodic principal paydowns. 
(3) 
  
For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group 
 
  
("Standard & Poor's"), Moody’s Investors Service, Inc. ("Moody's") or Fitch, Inc. ("Fitch") rating. Ratings 
 
  
below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment 
 
  
grade. Holdings designated N/R are not rated by any of these national rating agencies. 
(4) 
  
Investment, or portion of investment, has been pledged to collateralize the net payment obligations for 
 
  
investments in inverse floating rate transactions. 
(5) 
  
On April 1, 2013, the Fund's Adviser determined it was unlikely that this borrower would fulfill its entire 
 
  
obligation on this security, and therefore reduced the security's interest rate of accrual from 5.875% to 2.350%. 
(6) 
  
Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities, 
 
  
which ensure the timely payment of principal and interest. Certain bonds backed by U.S. Government or 
 
  
agency securities are regarded as having an implied rating equal to the ratings of such securities. 
(ETM) 
  
Escrowed to maturity. 
(IF) 
  
Inverse floating rate investment. 
(UB) 
  
Underlying bond of an inverse floating rate trust reflected as a financing transaction. 
 
 
Item 2. Controls and Procedures.

a.  
The registrant's principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the "1940 Act") (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rule 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 (17 CFR 240.13a-15(b) or 240.15d-15(b)).
 
b.  
There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the registrant's last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.
 
Item 3. Exhibits.

File as exhibits as part of this Form a separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the 1940 Act (17 CFR 270.30a-2(a)), exactly as set forth below: See EX-99 CERT attached hereto.

 
 
SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
(Registrant)  Nuveen New York Municipal Value Fund, Inc. 
 
By (Signature and Title) /s/ Kevin J. McCarthy                    
       Kevin J. McCarthy
     Vice President and Secretary
                                         
Date:         August 29, 2016        
 
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
 
By (Signature and Title) /s/ Gifford R. Zimmerman            
       Gifford R. Zimmerman
     Chief Administrative Officer (principal executive officer)
                        
Date:         August 29, 2016        
 
By (Signature and Title) /s/ Stephen D. Foy                         
 
     Stephen D. Foy
     Vice President and Controller (principal financial officer)
                                                                                         
Date:         August 29, 2016