UNITEDSTATES
SECURITIESANDEXCHANGECOMMISSION
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: 04/30/2009
Item 1 Schedule of Investments
BlackRock MuniYield New York Insured Fund, Inc. | ||||
Schedule of Investments April 30, 2009 (Unaudited) | (Percentages shown are based on Net Assets) | |||
Par | ||||
Municipal Bonds | (000) | Value | ||
New York - 126.8% | ||||
Corporate - 9.4% | New York City, New York, City IDA, IDR (Japan Airlines Company), | |||
AMT, 6%, 11/01/15 (a) | $ 5,900 | $ 5,907,788 | ||
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 | 1,324,410 | ||
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 (b) | 10,750 | 9,712,088 | ||
Suffolk County, New York, IDA, IDR (Keyspan-Port Jefferson), AMT, | ||||
5.25%, 6/01/27 | 4,625 | 3,843,005 | ||
Suffolk County, New York, IDA, Solid Waste Disposal Facility, Revenue | ||||
Refunding Bonds (Ogden Martin System Huntington Project), AMT, 6%, | ||||
10/01/10 (c) | 8,530 | 8,829,915 | ||
Suffolk County, New York, IDA, Solid Waste Disposal Facility, Revenue | ||||
Refunding Bonds (Ogden Martin System Huntington Project), AMT, | ||||
6.15%, 10/01/11 (c) | 9,170 | 9,601,265 | ||
Suffolk County, New York, IDA, Solid Waste Disposal Facility, Revenue | ||||
Refunding Bonds (Ogden Martin System Huntington Project), AMT, | ||||
6.25%, 10/01/12 (c) | 6,470 | 6,820,027 | ||
46,038,498 | ||||
County/City/Special | Buffalo, New York, School, GO, Series D, 5.50%, 12/15/14 (b)(d) | 1,250 | 1,327,425 | |
District/School District - | Buffalo, New York, School, GO, Series D, 5.50%, 12/15/16 (b)(d) | 1,500 | 1,575,090 | |
41.7% | Dutchess County, New York, Resource Recovery Agency Revenue | |||
Bonds (Solid Waste System-Forward), Series A, 5.40%, 1/01/13 (d) | 1,700 | 1,773,950 | ||
Erie County, New York, IDA, School Facility Revenue Bonds (City of | ||||
Buffalo Project), 5.75%, 5/01/20 (a) | 1,900 | 1,995,019 | ||
Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, | ||||
Series A, 4.50%, 2/15/47 (d) | 16,275 | 12,321,314 | ||
Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, | ||||
Series A, 5%, 2/15/47 (b) | 12,150 | 9,933,962 | ||
Huntington, New York, GO, Refunding, 5.50%, 4/15/12 (c) | 460 | 512,408 | ||
Huntington, New York, GO, Refunding, 5.50%, 4/15/13 (c) | 455 | 515,979 | ||
Ilion, New York, Central School District, GO, Series B, 5.50%, | ||||
6/15/10 (b)(e) | 1,675 | 1,785,332 | ||
Nassau Health Care Corporation, New York, Health System Revenue | ||||
Bonds, 5.75%, 8/01/09 (a)(f) | 10,830 | 11,186,848 | ||
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 April 30, 2009 (Unaudited) | (Percentages shown are based on Net Assets) | ||
Par | |||
Municipal Bonds | (000) | Value | |
New York City, New York, City IDA, PILOT Revenue Bonds (Queens | |||
Baseball Stadium Project), 5%, 1/01/36 (c) | $ 11,800 | $ 9,595,878 | |
New York City, New York, City IDA, PILOT Revenue Bonds (Queens | |||
Baseball Stadium Project), 5%, 1/01/39 (c) | 5,250 | 4,225,410 | |
New York City, New York, City IDA, PILOT Revenue Bonds (Queens | |||
Baseball Stadium Project), 6.375%, 1/01/39 (g) | 1,000 | 1,093,970 | |
New York City, New York, City IDA, PILOT Revenue Bonds (Queens | |||
Baseball Stadium Project), 5%, 1/01/46 (c) | 9,900 | 7,833,375 | |
New York City, New York, City IDA, PILOT Revenue Bonds (Yankee | |||
Stadium Project), 5%, 3/01/36 (d) | 4,650 | 3,809,792 | |
New York City, New York, City IDA, PILOT Revenue Bonds (Yankee | |||
Stadium Project), 5%, 3/01/46 (b) | 12,750 | 9,996,638 | |
New York City, New York, City Transit Authority, Metropolitan | |||
Transportation Authority, Triborough, COP, Series A, 5.625%, | |||
1/01/12 (c) | 1,020 | 1,052,477 | |
New York City, New York, City Transitional Finance Authority, | |||
Building Aid Revenue Bonds, Series S-1, 5.50%, 7/15/38 (g) | 6,000 | 6,103,500 | |
New York City, New York, City Transitional Finance Authority, | |||
Building Aid Revenue Bonds, Series S-2, 4.25%, 1/15/34 (b)(d) | 5,980 | 5,000,237 | |
New York City, New York, City Transitional Finance Authority, | |||
Building Aid Revenue Bonds, Series S-2, 5%, 1/15/37 (a)(b) | 5,000 | 4,889,600 | |
New York City, New York, City Transitional Finance Authority, | |||
Building Aid Revenue Bonds, Series S-4, 5.50%, 1/15/39 | 1,500 | 1,543,050 | |
New York City, New York, City Transitional Finance Authority, | |||
Building Aid Revenue Refunding Bonds, Series S-1, 4.50%, 1/15/38 | 2,000 | 1,728,280 | |
New York City, New York, City Transitional Finance Authority, Future | |||
Tax Secured Revenue Bonds, Series C, 5%, 2/01/33 (b) | 12,395 | 12,446,067 | |
New York City, New York, City Transitional Finance Authority, Future | |||
Tax Secured Revenue Bonds, Series E, 5.25%, 2/01/22 (d) | 2,500 | 2,607,375 | |
New York City, New York, City Transitional Finance Authority, Future | |||
Tax Secured, Revenue Refunding Bonds, Series A, 5%, | |||
11/15/26 (b) | 1,000 | 1,012,910 | |
New York City, New York, City Transitional Finance Authority, Future | |||
Tax Secured, Revenue Refunding Bonds, Series D, 5.25%, | |||
2/01/21 (d) | 3,000 | 3,148,920 | |
New York City, New York, GO, Refunding, Series B, 7%, | |||
2/01/18 (c) | 70 | 70,286 | |
New York City, New York, GO, Series B, 5.75%, 8/01/13 (d) | 1,280 | 1,356,531 | |
New York City, New York, GO, Sub-Series C-3, 5.75%, 8/15/28 | 14,400 | 15,422,688 | |
New York City, New York, Sales Tax Asset Receivable Corporation | |||
Revenue Bonds, Series A, 5%, 10/15/32 (c) | 11,200 | 11,386,816 | |
New York Convention Center Development Corporation, New York, | |||
Revenue Bonds (Hotel Unit Fee Secured), 5%, 11/15/30 (c) | 1,500 | 1,370,640 | |
New York Convention Center Development Corporation, New York, | |||
Revenue Bonds (Hotel Unit Fee Secured), 5%, 11/15/35 (c) | 33,750 | 29,948,062 |
2
BlackRock MuniYield New York Insured Fund, Inc. | ||||
Schedule of Investments April 30, 2009 (Unaudited) | (Percentages shown are based on Net Assets) | |||
Par | ||||
Municipal Bonds | (000) | Value | ||
New York Convention Center Development Corporation, New York, | ||||
Revenue Bonds (Hotel Unit Fee Secured), 5%, 11/15/44 (c) | $ 13,470 | $ 11,399,257 | ||
Niagara Falls, New York, GO (Water Treatment Plant), AMT, 7.25%, | ||||
11/01/10 (d)(e) | 1,000 | 1,095,460 | ||
North Country, New York, Development Authority, Solid Waste | ||||
Management System, Revenue Refunding Bonds, 6%, 5/15/15 (a) | 1,115 | 1,223,166 | ||
North Hempstead, New York, GO, Refunding, Series B, 6.40%, | ||||
4/01/13 (b)(d) | 1,745 | 2,014,480 | ||
North Hempstead, New York, GO, Refunding, Series B, 6.40%, | ||||
4/01/17 (b)(d) | 555 | 671,572 | ||
Syracuse, New York, IDA, PILOT Revenue Bonds (Carousel Center | ||||
Project), AMT, Series A, 5%, 1/01/36 (h) | 11,500 | 9,108,115 | ||
204,081,879 | ||||
Education - 7.2% | Madison County, New York, IDA, Civic Facility Revenue Bonds | |||
(Colgate University Project), Series A, 5%, 7/01/30 (c) | 5,410 | 5,426,717 | ||
Madison County, New York, IDA, Civic Facility Revenue Bonds | ||||
(Colgate University Project), Series A, 5%, 7/01/35 (c) | 2,675 | 2,632,601 | ||
New York City, New York, City IDA, Civic Facility Revenue Refunding | ||||
Bonds (Nightingale-Bamford School), 5.25%, 1/15/18 (c) | 1,275 | 1,342,244 | ||
New York City, New York, City IDA, Civic Facility Revenue Refunding | ||||
Bonds (Polytechnic University), 5.25%, 11/01/37 (i) | 2,480 | 1,873,789 | ||
New York City, New York, City Transitional Finance Authority, | ||||
Building Aid Revenue Bonds, Series S-4, 5.50%, 1/15/33 | 5,500 | 5,464,745 | ||
New York City, New York, Trust for Cultural Resources, Revenue | ||||
Refunding Bonds (American Museum of Natural History), Series A, 5%, | ||||
7/01/36 (d) | 4,250 | 4,218,465 | ||
New York State Dormitory Authority, Non-State Supported Debt | ||||
Revenue Bonds (Saint Johns University), Series A, 5.25%, 7/01/37 | 4,000 | 3,959,040 | ||
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 (d) | 2,100 | 2,014,089 | ||
New York State Dormitory Authority Revenue Bonds (New York | ||||
University), Series I, 5.50%, 7/01/40 | 4,580 | 5,054,076 | ||
New York State Dormitory Authority, Revenue Refunding Bonds (City | ||||
University System), Series C, 7.50%, 7/01/10 (b) | 1,740 | 1,792,879 | ||
Rensselaer County, New York, IDA, Civic Facility Revenue Bonds | ||||
(Rensselaer Polytechnic Institute), Series B, 5.50%, 8/01/22 (c) | 1,255 | 1,268,843 | ||
35,047,488 | ||||
Health - 6.4% | 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 (a) | 7,970 | 8,173,633 | ||
New York State Dormitory Authority, Mortgage Revenue Bonds | ||||
(Montefiore Medical Center), 5%, 8/01/33 (b)(d)(j) | 1,500 | 1,465,260 | ||
New York State Dormitory Authority, Non-State Supported Debt | ||||
Revenue Bond (Presbyterian Hospital of New York), 5.25%, | ||||
2/15/31 (a)(j) | 3,000 | 3,023,160 |
3
BlackRock MuniYield New York Insured Fund, Inc. | ||||
Schedule of Investments April 30, 2009 (Unaudited) | (Percentages shown are based on Net Assets) | |||
Par | ||||
Municipal Bonds | (000) | Value | ||
New York State Dormitory Authority, Non-State Supported Debt | ||||
Revenue Bonds (Presbyterian Hospital of New York), 5%, | ||||
8/15/36 (a)(j) | $ 5,000 $ | 4,876,050 | ||
New York State Dormitory Authority Revenue Bonds (Eger Health Care | ||||
and Rehabilitation Center), 6.10%, 8/01/37 (j) | 2,905 | 2,963,274 | ||
New York State Dormitory Authority Revenue Bonds (Hudson Valley | ||||
Hospital Center), 5%, 8/15/36 (a)(j)(k) | 6,000 | 6,027,840 | ||
New York State Dormitory Authority Revenue Bonds (New York State | ||||
Rehabilitation Association), Series A, 5.25%, 7/01/19 (l) | 1,180 | 1,206,479 | ||
New York State Dormitory Authority Revenue Bonds (New York State | ||||
Rehabilitation Association), Series A, 5.125%, 7/01/23 (l) | 1,000 | 1,005,890 | ||
New York State Dormitory Authority Revenue Bonds, Series B, 6.50%, | ||||
2/15/11 (d)(e) | 1,000 | 1,099,290 | ||
Oneida County, New York, IDA, Civic Facilities Revenue Bonds | ||||
(Mohawk Valley), Series A, 5.20%, 2/01/13 (a) | 1,365 | 1,382,336 | ||
31,223,212 | ||||
Housing - 3.0% | Monroe County, New York, IDA, Revenue Bonds (Southview Towers | |||
Project), AMT, 6.125%, 2/01/20 | 1,295 | 1,316,846 | ||
Monroe County, New York, IDA, Revenue Bonds (Southview Towers | ||||
Project), AMT, 6.25%, 2/01/31 | 1,125 | 1,130,501 | ||
New York City, New York, City Housing Development Corporation, | ||||
M/F Housing Revenue Bonds, AMT, Series C, 5%, 11/01/26 | 1,500 | 1,417,995 | ||
New York City, New York, City Housing Development Corporation, | ||||
M/F Housing Revenue Bonds, AMT, Series C, 5.05%, 11/01/36 | 2,000 | 1,719,780 | ||
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 | 1,112,749 | ||
New York State, HFA, M/F Housing Revenue Bonds (Saint Philips | ||||
Housing), AMT, Series A, 4.65%, 11/15/38 (m) | 1,500 | 1,369,815 | ||
New York State Mortgage Agency, Homeowner Mortgage Revenue | ||||
Bonds, AMT, Series 143, 4.90%, 10/01/37 | 1,000 | 867,860 | ||
New York State Mortgage Agency, Homeowner Mortgage Revenue | ||||
Refunding Bonds, AMT, Series 133, 4.95%, 10/01/21 | 1,540 | 1,532,870 | ||
New York State Mortgage Agency, Homeowner Mortgage Revenue | ||||
Refunding Bonds, AMT, Series 143, 4.85%, 10/01/27 (d) | 2,485 | 2,284,187 | ||
Yonkers, New York, IDA, Revenue Bonds (Monastery Manor associates | ||||
LP Project), AMT, 5.25%, 4/01/37 | 2,445 | 2,147,126 | ||
14,899,729 | ||||
State - 12.0% | New York State Dormitory Authority, Lease Revenue Bonds (State | |||
University Dormitory Facilities), 5%, 7/01/37 (c) | 2,800 | 2,669,744 | ||
New York State Dormitory Authority, Non-State Supported Debt | ||||
Revenue Bonds (School District Financing Program), Series A, 5%, | ||||
10/01/35 (a) | 550 | 546,783 |
4
BlackRock MuniYield New York Insured Fund, Inc. | ||||
Schedule of Investments April 30, 2009 (Unaudited) | (Percentages shown are based on Net Assets) | |||
Par | ||||
Municipal Bonds | (000) | Value | ||
New York State Dormitory Authority, Non-State Supported Debt | ||||
Revenue Bonds (School District Financing Program), Series C, 5%, | ||||
10/01/37 (a) | $ 4,050 | $ 4,013,429 | ||
New York State Dormitory Authority, Non-State Supported Debt, | ||||
Revenue Refunding Bonds (School District Financing Program), Series | ||||
B, 5%, 4/01/36 (a) | 6,000 | 5,955,840 | ||
New York State Dormitory Authority Revenue Bonds (School Districts | ||||
Financing Program), Series E, 5.75%, 10/01/30 (d) | 6,900 | 7,027,857 | ||
New York State Dormitory Authority Revenue Bonds (Upstate | ||||
Community Colleges), Series A, 6%, 7/01/10 (a)(f) | 1,070 | 1,149,030 | ||
New York State Dormitory Authority, Revenue Refunding Bonds | ||||
(School District Financing Program), Series I, 5.75%, 10/01/18 (d) | 1,370 | 1,506,753 | ||
New York State Dormitory Authority, State Personal Income Tax | ||||
Revenue Bonds (Education), Series A, 5%, 3/15/28 | 1,500 | 1,543,515 | ||
New York State Dormitory Authority, State Personal Income Tax | ||||
Revenue Bonds (Education), Series B, 5.75%, 3/15/36 | 7,850 | 8,475,410 | ||
New York State Dormitory Authority, State Supported Debt Revenue | ||||
Bonds (Mental Health Facilities), Series B, 5.25%, 2/15/14 (f) | 1,570 | 1,820,917 | ||
New York State Dormitory Authority, State Supported Debt Revenue | ||||
Bonds (Mental Health Services Facilities), AMT, Series C, 5.40%, | ||||
2/15/33 (a) | 6,460 | 6,049,209 | ||
New York State Thruway Authority, Highway and Bridge Trust Fund, | ||||
Second Generation Revenue Bonds, Series B, 5%, 4/01/27 | 1,500 | 1,518,450 | ||
New York State Thruway Authority, Second General Highway and | ||||
Bridge Trust Fund Revenue Bonds, Series A, 5%, 4/01/26 (c) | 4,380 | 4,446,357 | ||
New York State Urban Development Corporation, Personal Income | ||||
Tax Revenue Bonds, Series C-1, 5%, 3/15/13 (d)(f) | 3,000 | 3,389,670 | ||
New York State Urban Development Corporation, Personal Income | ||||
Tax Revenue Bonds (State Facilities), Series A-1, 5%, | ||||
3/15/29 (b)(d) | 5,000 | 5,047,050 | ||
New York State Urban Development Corporation, Revenue Refunding | ||||
Bonds (Correctional Capital Facilities), Series A, 6.50%, | ||||
1/01/11 (a) | 3,190 | 3,448,613 | ||
58,608,627 | ||||
Tobacco - 1.8% | Tobacco Settlement Financing Corporation of New York Revenue | |||
Bonds, Series A-1, 5.25%, 6/01/20 (c) | 5,000 | 5,094,800 | ||
Tobacco Settlement Financing Corporation of New York Revenue | ||||
Bonds, Series A-1, 5.25%, 6/01/22 (c) | 2,000 | 2,019,720 | ||
Tobacco Settlement Financing Corporation of New York Revenue | ||||
Bonds, Series C-1, 5.50%, 6/01/22 | 1,900 | 1,936,803 | ||
9,051,323 |
5
BlackRock MuniYield New York Insured Fund, Inc. | ||||
Schedule of Investments April 30, 2009 (Unaudited) | (Percentages shown are based on Net Assets) | |||
Par | ||||
Municipal Bonds | (000) | Value | ||
Transportation - 31.7% | Metropolitan Transportation Authority, New York, Dedicated Tax | |||
Fund Revenue Bonds, Series A, 5%, 11/15/35 (d) | $ 5,000 | $ 4,913,300 | ||
Metropolitan Transportation Authority, New York, Dedicated Tax | ||||
Fund, Revenue Refunding Bonds, Series A, 5%, 11/15/30 (d) | 6,600 | 6,591,222 | ||
Metropolitan Transportation Authority, New York, Dedicated Tax | ||||
Fund, Revenue Refunding Bonds, Series A, 5%, 11/15/32 (a) | 1,015 | 1,015,954 | ||
Metropolitan Transportation Authority, New York, Revenue Bonds, | ||||
Series C, 6.50%, 11/15/28 | 3,200 | 3,531,232 | ||
Metropolitan Transportation Authority, New York, Revenue Refunding | ||||
Bonds, Series A, 5.125%, 11/15/22 (b)(d) | 1,390 | 1,407,180 | ||
Metropolitan Transportation Authority, New York, Revenue Refunding | ||||
Bonds, Series A, 5.25%, 11/15/31 (b)(d) | 2,500 | 2,496,650 | ||
Metropolitan Transportation Authority, New York, Revenue Refunding | ||||
Bonds, Series A, 5.75%, 11/15/32 (a) | 29,300 | 29,975,951 | ||
Metropolitan Transportation Authority, New York, Transit Facilities | ||||
Revenue Refunding Bonds, Series C, 5.125%, | ||||
7/01/12 (a)(f) | 1,640 | 1,837,931 | ||
Metropolitan Transportation Authority, New York, Transportation | ||||
Revenue Refunding Bonds, Series F, 5.25%, 11/15/12 (d)(f) | 6,235 | 7,104,471 | ||
Metropolitan Transportation Authority, New York, Transportation | ||||
Revenue Refunding Bonds, Series F, 5%, 11/15/31 (d) | 5,000 | 4,829,400 | ||
New York State Thruway Authority, General Revenue Bonds, Series F, | ||||
5%, 1/01/30 (c) | 6,000 | 5,984,280 | ||
New York State Thruway Authority, General Revenue Refunding | ||||
Bonds, Series G, 4.75%, 1/01/29 (a) | 7,250 | 7,149,225 | ||
New York State Thruway Authority, General Revenue Refunding | ||||
Bonds, Series G, 4.75%, 1/01/30 (a) | 9,000 | 8,790,930 | ||
New York State Thruway Authority, General Revenue Refunding | ||||
Bonds, Series H, 5%, 1/01/37 (a)(b) | 10,000 | 9,910,500 | ||
Niagara, New York, Frontier Authority, Airport Revenue Bonds | ||||
(Buffalo Niagara International Airport), Series B, 5.50%, | ||||
4/01/19 (d) | 2,705 | 2,731,698 | ||
Port Authority of New York and New Jersey, Consolidated Revenue | ||||
Bonds, AMT, 141st Series, 4.50%, 9/01/35 (l) | 1,000 | 804,870 | ||
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 (d) | 14,750 | 15,278,198 | ||
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 (d) | 7,175 | 7,289,370 | ||
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 (d) | 4,425 | 4,466,728 | ||
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 (d) | 7,380 | 7,355,498 |
6
BlackRock MuniYield New York Insured Fund, Inc. | ||||
Schedule of Investments April 30, 2009 (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%, 12/01/22 (d) | $ 10,160 | $ 8,418,271 | ||
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 (d) | 3,500 | 2,780,610 | ||
Triborough Bridge and Tunnel Authority, New York, General Purpose | ||||
Revenue Refunding Bonds, Series Y, 6%, 1/01/12 (d)(e) | 1,790 | 1,923,480 | ||
Triborough Bridge and Tunnel Authority, New York, Subordinate | ||||
Revenue Bonds, 5%, 11/15/28 (c) | 2,465 | 2,489,847 | ||
Triborough Bridge and Tunnel Authority, New York, Subordinate | ||||
Revenue Bonds, Series A, 5.25%, 11/15/30 (d) | 6,000 | 6,079,560 | ||
155,156,356 | ||||
Utilities - 13.6% | Buffalo, New York, Sewer Authority, Revenue Refunding Bonds, Series | |||
F, 6%, 7/01/13 (b)(d) | 4,300 | 4,577,522 | ||
Long Island Power Authority, New York, Electric System Revenue | ||||
Bonds, Series A, 5%, 9/01/29 (c) | 7,000 | 6,825,070 | ||
Long Island Power Authority, New York, Electric System Revenue | ||||
Bonds, Series A, 5%, 9/01/34 (c) | 5,000 | 4,751,750 | ||
Long Island Power Authority, New York, Electric System Revenue | ||||
Refunding Bonds, Series A, 6%, 5/01/33 (g) | 1,500 | 1,616,940 | ||
Long Island Power Authority, New York, Electric System Revenue | ||||
Refunding Bonds, Series A, 5.75%, 4/01/39 (g) | 1,015 | 1,078,813 | ||
Long Island Power Authority, New York, Electric System Revenue | ||||
Refunding Bonds, Series B, 5%, 12/01/35 (a) | 4,000 | 3,988,160 | ||
New York City, New York, City Municipal Water Finance Authority, | ||||
Second General Resolution, Water and Sewer System Revenue Bonds, | ||||
Series FF-2, 5.50%, 6/15/40 | 2,750 | 2,892,643 | ||
New York City, New York, City Municipal Water Finance Authority, | ||||
Water and Sewer System Revenue Bonds, Series A, 5.75%, | ||||
6/15/11 (d)(f) | 24,650 | 27,121,409 | ||
New York City, New York, City Municipal Water Finance Authority, | ||||
Water and Sewer System Revenue Bonds, Series A, 4.25%, | ||||
6/15/39 (a) | 500 | 423,525 | ||
New York City, New York, City Municipal Water Finance Authority, | ||||
Water and Sewer System Revenue Bonds, Series A, 5.75%, 6/15/40 | 4,100 | 4,402,047 | ||
New York City, New York, City Municipal Water Finance Authority, | ||||
Water and Sewer System, Revenue Refunding Bonds, Series A, | ||||
5.125%, 6/15/34 (d) | 1,250 | 1,256,912 | ||
New York City, New York, City Municipal Water Finance Authority, | ||||
Water and Sewer System, Revenue Refunding Bonds, Series A, 5%, | ||||
6/15/35 (c) | 3,500 | 3,507,560 | ||
New York City, New York, City Municipal Water Finance Authority, | ||||
Water and Sewer System, Revenue Refunding Bonds, Series C, 5%, | ||||
6/15/35 (d) | 975 | 977,564 |
7
BlackRock MuniYield New York Insured Fund, Inc. | |||||
Schedule of Investments April 30, 2009 (Unaudited) | (Percentages shown are based on Net Assets) | ||||
Par | |||||
Municipal Bonds | (000) | Value | |||
New York City, New York, City Municipal Water Finance Authority, | |||||
Water and Sewer System, Revenue Refunding Bonds, Series F, 5%, | |||||
6/15/29 (a) | $ | 500 $ | 502,975 | ||
New York State Environmental Facilities Corporation, Special | |||||
Obligation Revenue Refunding Bonds (Riverbank State Park), 6.25%, | |||||
4/01/12 (c) | 2,700 | 2,836,161 | |||
66,759,051 | |||||
Total Municipal Bonds in New York | 620,866,163 | ||||
Guam - 0.8% | |||||
Transportation - 0.8% | A.B. Won Guam International Airport Authority, General Revenue | ||||
Refunding Bonds, AMT, Series C, 5.25%, 10/01/21 (d) | 2,240 | 2,136,086 | |||
A.B. Won Guam International Airport Authority, General Revenue | |||||
Refunding Bonds, AMT, Series C, 5.25%, 10/01/22 (d) | 2,050 | 1,935,159 | |||
Total Municipal Bonds in Guam | 4,071,245 | ||||
Puerto Rico - 12.9% | |||||
Housing - 0.8% | Puerto Rico Housing Financing Authority, Capital Funding Program, | ||||
Subordinate Revenue Refunding Bonds, 5.125%, 12/01/27 | 4,000 | 4,031,480 | |||
State - 5.7% | Puerto Rico Commonwealth, GO, Refunding, Sub-Series C-7, 6%, | ||||
7/01/27 (d) | 2,000 | 1,975,860 | |||
Puerto Rico Commonwealth, GO, Refunding, Sub-Series C-7, 6%, | |||||
7/01/28 (d) | 4,775 | 4,678,736 | |||
Puerto Rico Commonwealth Highway and Transportation Authority, | |||||
Highway Revenue Refunding Bonds, Series CC, 5.50%, 7/01/31 (a) | 5,000 | 5,202,350 | |||
Puerto Rico Commonwealth Infrastructure Financing Authority, | |||||
Special Tax and Capital Appreciation Revenue Bonds, Series A, 4.62%, | |||||
7/01/31 (b)(n) | 22,030 | 4,194,732 | |||
Puerto Rico Commonwealth Infrastructure Financing Authority, | |||||
Special Tax and Capital Appreciation Revenue Bonds, Series A, 4.67%, | |||||
7/01/35 (c)(n) | 3,900 | 547,092 | |||
Puerto Rico Commonwealth Infrastructure Financing Authority, | |||||
Special Tax and Capital Appreciation Revenue Bonds, Series A, | |||||
5.028%, 7/01/43 (c)(n) | 8,000 | 624,640 | |||
Puerto Rico Commonwealth, Public Improvement, GO, Refunding, | |||||
Series A, 5.50%, 7/01/20 (d) | 2,000 | 1,951,800 | |||
Puerto Rico Convention Center District Authority, Hotel Occupancy | |||||
Tax Revenue Bonds, Series A, 5%, 7/01/31 (c) | 4,000 | 3,158,200 | |||
Puerto Rico Municipal Finance Agency, GO, Series A, 5%, | |||||
8/01/30 (a) | 2,000 | 1,953,780 | |||
Puerto Rico Public Buildings Authority, Government Facilities | |||||
Revenue Refunding Bonds, Series M-3, 6%, 7/01/28 (d)(o) | 2,850 | 2,792,544 | |||
Puerto Rico Public Finance Corporation, Commonwealth | |||||
Appropriation Revenue Bonds, Series E, 5.50%, 2/01/12 (e) | 700 | 771,617 | |||
27,851,351 |
8
BlackRock MuniYield New York Insured Fund, Inc. | ||||
Schedule of Investments April 30, 2009 (Unaudited) | (Percentages shown are based on Net Assets) | |||
Par | ||||
Municipal Bonds | (000) | Value | ||
Transportation - 3.7% | Puerto Rico Commonwealth Highway and Transportation Authority, | |||
Highway Revenue Bonds, Series Y, 6.25%, 7/01/21 | $ 6,275 | $ 6,729,436 | ||
Puerto Rico Commonwealth Highway and Transportation Authority, | ||||
Highway Revenue Refunding Bonds, Series CC, 5.25%, 7/01/33 (a) | 1,000 | 994,500 | ||
Puerto Rico Commonwealth Highway and Transportation Authority, | ||||
Highway Revenue Refunding Bonds, Series CC, 5.25%, 7/01/36 (a) | 3,750 | 3,706,913 | ||
Puerto Rico Commonwealth Highway and Transportation Authority, | ||||
Transportation Revenue Bonds, Series G, 5.25%, 7/01/13 (b)(f) | 655 | 752,471 | ||
Puerto Rico Commonwealth Highway and Transportation Authority, | ||||
Transportation Revenue Bonds, Series G, 5.25%, 7/01/19 (b) | 2,265 | 2,176,824 | ||
Puerto Rico Commonwealth Highway and Transportation Authority, | ||||
Transportation Revenue Bonds, Series G, 5.25%, 7/01/21 (b) | 345 | 323,983 | ||
Puerto Rico Commonwealth Highway and Transportation Authority, | ||||
Transportation Revenue Refunding Bonds, Series D, 5.75%, | ||||
7/01/12 (f) | 3,000 | 3,363,390 | ||
18,047,517 | ||||
Utilities - 2.7% | Puerto Rico Commonwealth Aqueduct and Sewer Authority, Senior | |||
Lien Revenue Bonds, Series A, 5.125%, 7/01/47 (g) | 10,980 | 10,173,848 | ||
Puerto Rico Electric Power Authority, Power Revenue Refunding | ||||
Bonds, Series VV, 5.25%, 7/01/30 (b)(d) | 3,000 | 2,786,280 | ||
12,960,128 | ||||
Total Municipal Bonds in Puerto Rico | 62,890,476 | |||
Total Municipal Bonds - 140.5% | 687,827,884 | |||
Municipal Bonds Transferred to | ||||
Tender Option Bond Trusts (p) | ||||
New York - 18.2% | ||||
County/City/Special | Erie County, New York, IDA, School Facility Revenue Bonds (City of | |||
District/School District - | Buffalo Project), 5.75%, 5/01/24 (a) | 4,238 | 4,292,625 | |
8.4% | New York City, New York, GO, Series J, 5%, 5/15/23 | 6,750 | 6,848,618 | |
New York City, New York, Sales Tax Asset Receivable Corporation | ||||
Revenue Bonds, Series A, 5.25%, 10/15/27 (c) | 13,000 | 13,455,910 | ||
New York City, New York, Sales Tax Asset Receivable Corporation | ||||
Revenue Bonds, Series A, 5%, 10/15/32 (c) | 16,000 | 16,561,120 | ||
41,158,273 | ||||
Education - 1.3% | New York State Dormitory Authority, Non-State Supported Debt | |||
Revenue Bonds (New York University), Series A, 5%, 7/01/38 | 6,498 | 6,428,793 | ||
Transportation - 8.5% | Metropolitan Transportation Authority, New York, Dedicated Tax | |||
Fund Revenue Bonds, Series A, 5%, 11/15/31 (d) | 3,901 | 3,885,332 | ||
Metropolitan Transportation Authority, New York, Revenue Refunding | ||||
Bonds, Series A, 5%, 11/15/30 (a) | 8,460 | 8,486,987 | ||
Port Authority of New York and New Jersey, Consolidated Revenue | ||||
Bonds, AMT, 137th Series, 5.125%, 7/15/30 (a) | 2,500 | 2,341,375 | ||
9 |
BlackRock MuniYield New York Insured Fund, Inc. | ||||
Schedule of Investments April 30, 2009 (Unaudited) | (Percentages shown are based on Net Assets) | |||
Municipal Bonds Transferred to | Par | |||
Tender Option Bond Trusts (p) | (000) | Value | ||
Triborough Bridge and Tunnel Authority, New York, Revenue | ||||
Refunding Bonds, 5.25%, 11/15/23 (d) | $ 7,000 | $ 7,207,830 | ||
Triborough Bridge and Tunnel Authority, New York, Revenue | ||||
Refunding Bonds, 5%, 11/15/32 (d) | 19,677 | 19,759,232 | ||
41,680,756 | ||||
Total Municipal Bonds Transferred to | ||||
Tender Option Bond Trusts - 18.2% | 89,267,822 | |||
Total Long-Term Investments | ||||
(Cost - $800,819,945) - 158.7% | 777,095,706 | |||
Short-Term Securities | Shares | |||
Money Market Fund - 1.4% | CMA New York Municipal Money Fund, 0.18% (q)(r) | 10,104,448 | 10,104,448 | |
Total Short-Term Securities | ||||
(Cost - $10,104,448) - 1.4% | 10,104,448 | |||
Total Investments (Cost - $819,924,393*) - 150.5% | 787,200,154 | |||
Other Assets Less Liabilities - 2.5% | 12,322,185 | |||
Liability for Trust Certificates, Including Interest Expense and | ||||
Fees Payable - (10.3)% | (50,294,790) | |||
Preferred Shares, at Redemption Value - (53.0)% | (259,508,431) | |||
Net Assets Applicable to Common Shares - 100.0% | $ 489,719,118 |
* The cost and unrealized appreciation (depreciation) of investments as of April 30, 2009, as computed for
federal income tax purposes, were as follows:
Aggregate cost | $ | 769,068,989 |
Gross unrealized appreciation | $ | 13,634,924 |
Gross unrealized depreciation | (45,567,987) | |
Net unrealized depreciation | $ | (31,933,063) |
(a) FSA Insured.
(b) FGIC Insured.
(c) AMBAC Insured.
(d) NPFGC Insured.
(e) Security is collateralized by Municipal or US Treasury Obligations.
(f) 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.
(g) Assured Guaranty Insured.
(h) XL Capital Insured.
(i) ACA Insured.
(j) FHA Insured.
(k) BHAC Insured.
(l) CIFG Insured.
(m) FNMA Collateralized.
(n) Represents a zero-coupon bond. Rate shown reflects the current yield as of report date.
(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.
10
BlackRock MuniYield New York Insured Fund, Inc.
Schedule of Investments April 30, 2009 (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 | (3,866,719) | $ | 137,357 |
(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 active, quoted prices for identical or similar assets 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 semi-annual report.
The following table summarizes the inputs used as of April 30, 2009 in determining the fair valuation of
the Fund's investments:
Valuation | Investments in | |
Inputs | Securities | |
Assets | ||
Level 1 | $ | 10,104,448 |
Level 2 | 777,095,706 | |
Level 3 | - | |
Total | $ | 787,200,154 |
11
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 13(a)-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: June 19, 2009
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment
Company Act of 1940, this report has been signed 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: June 19, 2009
By: /s/ Neal J. Andrews
Neal J. Andrews
Chief Financial Officer (principal financial officer) of
BlackRock MuniYield New York Insured Fund, Inc.
Date: June 19, 2009