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 811-6424
 
Nuveen New York Quality Income Municipal 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:          12/31/12         
 
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 (Unaudited)  
     
   
Nuveen New York Quality Income Municipal Fund, Inc. (NUN)  
     
   
December 31, 2012  
     
 
 
Principal  
   
Optional Call  
   
Amount (000)  
 
Description (1)  
Provisions (2)  
Ratings (3)  
Value  
 
   
Consumer Staples – 2.5% (1.6% of Total Investments)  
     
$     10,785  
 
TSASC Inc., New York, Tobacco Asset-Backed Bonds, Series 2006, 5.125%, 6/01/42  
6/16 at 100.00  
B+  
$     9,250,510  
 
   
Education and Civic Organizations – 22.8% (14.9% of Total Investments)  
     
1,000  
 
Dormitory Authority of the State of New York, General Revenue Bonds, New York University,  
No Opt. Call  
AA–  
1,317,100  
   
Series 2001-1, 5.500%, 7/01/40 – AMBAC Insured  
     
1,265  
 
Dormitory Authority of the State of New York, Housing Revenue Bonds, Fashion Institute of  
No Opt. Call  
BBB  
1,470,563  
   
Technology, Series 2007, 5.250%, 7/01/34 – FGIC Insured  
     
2,000  
 
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University Dormitory  
No Opt. Call  
Aa2  
2,048,560  
   
Facilities, Series 2003B, 5.250%, 7/01/32 (Mandatory put 7/01/13) – SYNCORA GTY Insured  
     
2,320  
 
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University Dormitory  
7/15 at 100.00  
Aa2  
2,496,854  
   
Facilities, Series 2004A, 5.000%, 7/01/29 – NPFG Insured  
     
2,830  
 
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University Dormitory  
7/16 at 100.00  
Aa2  
3,101,539  
   
Facilities, Series 2006A, 5.000%, 7/01/31 – NPFG Insured  
     
5,000  
 
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University Dormitory  
7/21 at 100.00  
Aa2  
5,675,100  
   
Facilities, Series 2011A, 5.000%, 7/01/41  
     
   
Dormitory Authority of the State of New York, Revenue Bonds, Barnard College, Series 2007A:  
     
1,000  
 
5.000%, 7/01/25 – FGIC Insured  
7/17 at 100.00  
BBB  
1,165,600  
745  
 
5.000%, 7/01/37 – FGIC Insured  
7/17 at 100.00  
BBB  
811,245  
10,000  
 
Dormitory Authority of the State of New York, Revenue Bonds, Columbia University, Series  
4/21 at 100.00  
AAA  
11,678,400  
   
2011A, 5.000%, 10/01/41  
     
1,800  
 
Dormitory Authority of the State of New York, Revenue Bonds, Convent of the Sacred Heart,  
5/21 at 100.00  
AA–  
2,136,960  
   
Series 2011, 5.750%, 11/01/40 – AGM Insured  
     
3,000  
 
Dormitory Authority of the State of New York, Revenue Bonds, Fordham University, Series 2008B,  
7/18 at 100.00  
Aa3  
3,357,300  
   
5.000%, 7/01/38 – AGC Insured  
     
875  
 
Dormitory Authority of the State of New York, Revenue Bonds, New School University, Series  
7/20 at 100.00  
A–  
995,330  
   
2010, 5.250%, 7/01/30  
     
1,005  
 
Dormitory Authority of the State of New York, Revenue Bonds, New York University, Series 2007,  
7/17 at 100.00  
AA–  
1,112,435  
   
5.000%, 7/01/32 – AMBAC Insured  
     
3,300  
 
Dormitory Authority of the State of New York, Revenue Bonds, New York University, Series  
7/19 at 100.00  
AA–  
3,939,144  
   
2009A, 5.250%, 7/01/34  
     
3,750  
 
Dormitory Authority of the State of New York, Revenue Bonds, New York University, Series  
7/19 at 100.00  
AA–  
4,345,050  
   
2009B, 5.000%, 7/01/39  
     
2,100  
 
Dormitory Authority of the State of New York, Revenue Bonds, Non State Supported Debt, Cornell  
7/20 at 100.00  
Aa1  
2,414,412  
   
University, Series 2010A, 5.000%, 7/01/40  
     
   
Dormitory Authority of the State of New York, Revenue Bonds, Rochester Institute of  
     
   
Technology, Series 2006A:  
     
800  
 
5.250%, 7/01/20 – AMBAC Insured  
No Opt. Call  
A1  
988,088  
640  
 
5.250%, 7/01/21 – AMBAC Insured  
No Opt. Call  
A1  
796,755  
705  
 
Madison County Industrial Development Agency, New York, Civic Facility Revenue Bonds, Colgate  
No Opt. Call  
AA+  
798,356  
   
University, Tender Option Bond Trust 3127, 13.023%, 1/01/14 – AMBAC Insured (IF)  
     
4,775  
 
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Trinity  
3/13 at 100.00  
BBB  
4,789,182  
   
Episcopal School, Series 1997, 5.250%, 6/15/27 – NPFG Insured  
     
   
New York City Industrial Development Agency, New York, PILOT Revenue Bonds, Queens Baseball  
     
   
Stadium Project, Series 2006:  
     
2,000  
 
5.000%, 1/01/36 – AMBAC Insured  
1/17 at 100.00  
Ba1  
2,008,620  
3,240  
 
5.000%, 1/01/46 – AMBAC Insured  
1/17 at 100.00  
Ba1  
3,242,333  
   
New York City Industrial Development Authority, New York, PILOT Revenue Bonds, Yankee Stadium  
     
   
Project, Series 2006:  
     
1,215  
 
5.000%, 3/01/31 – FGIC Insured  
9/16 at 100.00  
BBB  
1,279,504  
9,840  
 
5.000%, 3/01/36 – NPFG Insured  
9/16 at 100.00  
BBB  
10,265,777  
5,910  
 
4.500%, 3/01/39 – FGIC Insured  
9/16 at 100.00  
BBB  
6,002,078  
1,000  
 
Niagara Area Development Corporation, New York, Niagara University Project, Series 2012A,  
5/22 at 100.00  
BBB+  
1,100,520  
   
5.000%, 5/01/42  
     
4,000  
 
Tompkins County Development Corporation, New York, Revenue Bonds, Ithaca College, Series 2011,  
1/21 at 100.00  
Aa3  
4,577,920  
   
5.375%, 7/01/41 – AGM Insured  
     
1,100  
 
Troy Capital Resource Corporation, New York, Revenue Bonds, Rensselaer Polytechnic Institute,  
9/20 at 100.00  
A–  
1,221,187  
   
Series 2010A, 5.125%, 9/01/40  
     
77,215  
 
Total Education and Civic Organizations  
   
85,135,912  
   
Financials – 1.5% (1.0% of Total Investments)  
     
4,955  
 
Liberty Development Corporation, New York, Goldman Sachs Headquarter Revenue Bonds, Series  
No Opt. Call  
A
5,788,381  
   
2005, 5.250%, 10/01/35  
     
   
Health Care – 8.9% (5.8% of Total Investments)  
     
2,655  
 
Albany Capital Resource Corporation, New York, St. Peter’s Hospital Project, Series 2011,  
11/20 at 100.00  
A3  
3,211,063  
   
6.125%, 11/15/30  
     
820  
 
Dormitory Authority of the State of New York, FHA-Insured Mortgage Hospital Revenue Bonds,  
8/19 at 100.00  
AA+  
1,014,758  
   
Hospital for Special Surgery, Series 2009, 6.250%, 8/15/34  
     
2,325  
 
Dormitory Authority of the State of New York, FHA-Insured Mortgage Revenue Bonds, Hudson  
8/17 at 100.00  
AA–  
2,629,668  
   
Valley Hospital Center, Series 2007, 5.000%, 8/15/27 – AGM Insured  
     
2,695  
 
Dormitory Authority of the State of New York, FHA-Insured Mortgage Revenue Bonds, Montefiore  
2/15 at 100.00  
BBB  
2,857,131  
   
Hospital, Series 2004, 5.000%, 8/01/29 – FGIC Insured  
     
1,000  
 
Dormitory Authority of the State of New York, FHA-Insured Revenue Bonds, Montefiore Medical  
2/15 at 100.00  
BBB  
1,075,170  
   
Center, Series 2005, 5.000%, 2/01/22 – FGIC Insured  
     
2,250  
 
Dormitory Authority of the State of New York, FHA-Insured Revenue Bonds, St. Lukes Roosevelt  
8/15 at 100.00  
N/R  
2,408,738  
   
Hospital, Series 2005, 4.900%, 8/15/31  
     
2,000  
 
Dormitory Authority of the State of New York, North Shore Long Island Jewish Obligated Group  
5/21 at 100.00  
A–  
2,222,000  
   
Revenue Bonds, Series 2011A, 5.000%, 5/01/41  
     
1,800  
 
Dormitory Authority of the State of New York, Revenue Bonds, Health Quest System Inc., Series  
7/17 at 100.00  
AA–  
2,006,820  
   
2007B, 5.125%, 7/01/37 – AGC Insured  
     
2,400  
 
Dormitory Authority of the State of New York, Revenue Bonds, New York and Presbyterian  
8/14 at 100.00  
AA–  
2,590,128  
   
Hospital, Series 2004A, 5.250%, 8/15/15 – AGM Insured  
     
900  
 
Dutchess County Local Development Corporation, New York, Revenue Bonds, Health Quest System  
7/20 at 100.00  
A–  
1,051,632  
   
Inc, Series 2010A, 5.750%, 7/01/40 – AGM Insured  
     
1,875  
 
Monroe County Industrial Development Corporation, New York, FHA Insured Mortgage Revenue  
2/21 at 100.00  
Aa2  
2,288,756  
   
Bonds, Unity Hospital of Rochestor Project, Series 2010, 5.750%, 8/15/35  
     
   
New York City Health and Hospitals Corporation, New York, Health System Revenue Bonds,  
     
   
Series 2003A:  
     
2,800  
 
5.250%, 2/15/21 – AMBAC Insured  
2/13 at 100.00  
Aa3  
2,814,392  
3,065  
 
5.250%, 2/15/22 – AMBAC Insured  
2/13 at 100.00  
Aa3  
3,082,838  
2,105  
 
Suffolk County Economic Development Corp / Nassau County Local Economic Assistance & Financing  
7/21 at 100.00  
A–  
2,404,394  
   
Corp., New York, Revenue Bonds, Catholic Health Services of Long Island Obligated Group  
     
   
Project, Series 2011, 5.000%, 7/01/28  
     
1,320  
 
Westchester County Health Care Corporation, New York, Senior Lien Revenue Bonds, Series  
11/20 at 100.00  
A3  
1,563,976  
   
2010-C2, 6.125%, 11/01/37  
     
30,010  
 
Total Health Care  
   
33,221,464  
   
Housing/Multifamily – 2.7% (1.8% of Total Investments)  
     
   
New York City Housing Development Corporation, New York, Capital Fund Program Revenue Bonds,  
     
   
Series 2005A:  
     
1,500  
 
5.000%, 7/01/14 – FGIC Insured  
No Opt. Call  
AA–  
1,593,630  
1,500  
 
5.000%, 7/01/16 – FGIC Insured  
7/15 at 100.00  
AA–  
1,658,775  
5,515  
 
New York City Housing Development Corporation, New York, Capital Fund Program Revenue Bonds,  
7/15 at 100.00  
AA–  
5,982,617  
   
Series 2005A, 5.000%, 7/01/25 – NPFG Insured (UB) (4)  
     
675  
 
New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds,  
5/20 at 100.00  
AA  
731,329  
   
Series 2010D-1A, 5.000%, 11/01/42  
     
70  
 
New York State Housing Finance Agency, Mortgage Revenue Refunding Bonds, Housing Project,  
3/13 at 100.00  
AA–  
70,180  
   
Series 1996A, 6.125%, 11/01/20 – AGM Insured  
     
9,260  
 
Total Housing/Multifamily  
   
10,036,531  
   
Tax Obligation/General – 9.6% (6.3% of Total Investments)  
     
1,500  
 
Erie County, New York, General Obligation Bonds, Series 2003A, 5.250%, 3/15/16 – NPFG Insured  
3/13 at 100.00  
A2  
1,514,565  
805  
 
Erie County, New York, General Obligation Bonds, Series 2004B, 5.250%, 4/01/13 – NPFG Insured  
No Opt. Call  
A2  
813,726  
4,000  
 
New York City, New York, General Obligation Bonds, Fiscal 2012 Series F, 5.000%, 8/01/31  
2/22 at 100.00  
AA  
4,710,160  
1,000  
 
New York City, New York, General Obligation Bonds, Fiscal 2012 Series I, 5.000%, 8/01/31  
8/22 at 100.00  
AA  
1,186,080  
2,000  
 
New York City, New York, General Obligation Bonds, Fiscal 2013 Series A-1, 5.000%, 10/01/32  
No Opt. Call  
AA  
2,368,380  
   
New York City, New York, General Obligation Bonds, Fiscal Series 2001D:  
     
 
5.250%, 8/01/15 – AGM Insured  
3/13 at 100.00  
AA  
5,021  
 
5.000%, 8/01/16 – FGIC Insured  
3/13 at 100.00  
AA  
5,020  
4,130  
 
New York City, New York, General Obligation Bonds, Fiscal Series 2005J, 5.000%, 3/01/19 –  
3/15 at 100.00  
AA  
4,513,718  
   
FGIC Insured  
     
7,500  
 
New York City, New York, General Obligation Bonds, Series 2011D-I, 5.000%, 10/01/29  
10/21 at 100.00  
AA  
8,845,650  
3,335  
 
New York City, New York, General Obligation Bonds, Subseries G-1 Fiscal Series 2012,  
4/22 at 100.00  
AA  
3,957,511  
   
5.000%, 4/01/29  
     
   
New York City, New York, General Obligation Bonds, Series 2004E:  
     
3,350  
 
5.000%, 11/01/19 – AGM Insured (UB)  
11/14 at 100.00  
AA  
3,623,896  
1,700  
 
5.000%, 11/01/20 – AGM Insured (UB)  
11/14 at 100.00  
AA  
1,838,992  
2,305  
 
Yonkers, New York, General Obligation Bonds, Series 2005B, 5.000%, 8/01/20 – NPFG Insured  
8/15 at 100.00  
BBB+  
2,456,761  
31,635  
 
Total Tax Obligation/General  
   
35,839,480  
   
Tax Obligation/Limited – 60.6% (39.7% of Total Investments)  
     
2,330  
 
Dormitory Authority of the State of New York, 853 Schools Program Insured Revenue Bonds,  
3/13 at 100.00  
N/R  
2,338,598  
   
Harmony Heights School, Issue 1, Series 1999C, 5.500%, 7/01/18 – AMBAC Insured  
     
1,645  
 
Dormitory Authority of the State of New York, Consolidated Revenue Bonds, City University  
No Opt. Call  
Aa3  
1,689,037  
   
System, Series 1993A, 5.750%, 7/01/13 – NPFG Insured  
     
   
Dormitory Authority of the State of New York, Lease Revenue Bonds, Madison-Oneida Board of  
     
   
Cooperative Educational Services, Series 2002:  
     
1,045  
 
5.250%, 8/15/20 – AGM Insured  
3/13 at 100.00  
AA–  
1,049,034  
1,100  
 
5.250%, 8/15/21 – AGM Insured  
3/13 at 100.00  
AA–  
1,104,180  
365  
 
5.250%, 8/15/22 – AGM Insured  
3/13 at 100.00  
AA–  
366,361  
3,610  
 
Dormitory Authority of the State of New York, Revenue Bonds, Department of Health, Series  
7/14 at 100.00  
AA–  
3,853,025  
   
2004-2, 5.000%, 7/01/20 – FGIC Insured  
     
   
Dormitory Authority of the State of New York, Revenue Bonds, Mental Health Services Facilities  
     
   
Improvements, Series 2005D-1:  
     
2,300  
 
5.000%, 2/15/15 – FGIC Insured  
No Opt. Call  
AA–  
2,512,819  
1,200  
 
5.000%, 8/15/23 – FGIC Insured  
2/15 at 100.00  
AA–  
1,300,236  
15  
 
Dormitory Authority of the State of New York, Revenue Bonds, School Districts Financing  
10/23 at 100.00  
A+  
15,058  
   
Program, Series 2002D, 5.250%, 10/01/23 – NPFG Insured  
     
4,000  
 
Dormitory Authority of the State of New York, Revenue Bonds, State University Educational  
No Opt. Call  
AA–  
4,657,160  
   
Facilities, 1989 Resolution, Series 2000C, 5.750%, 5/15/16 – AGM Insured  
     
1,915  
 
Dormitory Authority of the State of New York, Second General Resolution Consolidated Revenue  
No Opt. Call  
AA–  
2,219,408  
   
Bonds, City University System, Series 1993A, 5.750%, 7/01/18 – AGM Insured  
     
6,670  
 
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, General  
3/21 at 100.00  
AAA  
7,625,811  
   
Purpose Series 2011C, 5.000%, 3/15/41  
     
12,385  
 
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, General  
2/22 at 100.00  
AAA  
14,668,794  
   
Purpose Series 2012D, 5.000%, 2/15/31  
     
50  
 
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, Series  
3/15 at 100.00  
AAA  
54,772  
   
2005F, 5.000%, 3/15/21 – AGM Insured  
     
3,300  
 
Erie County Industrial Development Agency, New York, School Facility Revenue Bonds, Buffalo  
5/19 at 100.00  
AA–  
3,777,246  
   
City School District Project, Series 2009A, 5.000%, 5/01/31  
     
   
Erie County Industrial Development Agency, New York, School Facility Revenue Bonds, Buffalo  
     
   
City School District, Series 2007A:  
     
5,980  
 
5.750%, 5/01/27 – AGM Insured (UB)  
5/17 at 100.00  
AA–  
6,924,780  
1,670  
 
5.750%, 5/01/28 – AGM Insured (UB)  
5/17 at 100.00  
AA–  
1,933,843  
2,420  
 
Erie County Industrial Development Agency, New York, School Facility Revenue Bonds, Buffalo  
5/18 at 100.00  
AA–  
2,864,070  
   
City School District Project, Series 2008A, 5.750%, 5/01/28 – AGM Insured (UB)  
     
6,530  
 
Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Senior Fiscal 2012 Series  
2/21 at 100.00  
A
7,759,730  
   
2011A, 5.750%, 2/15/47  
     
   
Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Series 2006A:  
     
14,635  
 
5.000%, 2/15/47 – FGIC Insured  
2/17 at 100.00  
A
15,482,952  
2,100  
 
5.000%, 2/15/47 – AGM Insured  
2/17 at 100.00  
AA–  
2,233,308  
1,000  
 
Metropolitan Transportation Authority, New York, State Service Contract Refunding Bonds,  
No Opt. Call  
AA–  
1,230,090  
   
Series 2002A, 5.750%, 7/01/18 – AGM Insured  
     
1,000  
 
Metropolitan Transportation Authority, New York, State Service Contract Refunding Bond, Series  
No Opt. Call  
AA–  
1,230,090  
   
2002A, 5.750%, 7/01/18 – AGM Insured (UB)  
     
9,000  
 
New York City Sales Tax Asset Receivable Corporation, New York, Dedicated Revenue Bonds, Local  
10/14 at 100.00  
AAA  
9,609,300  
   
Government Assistance Corporation, Series 2004A, 5.000%, 10/15/32 – AGM Insured  
     
   
New York City Sales Tax Asset Receivable Corporation, New York, Dedicated Revenue Bonds, Local  
     
   
Government Assistance Corporation, Series 2004A:  
     
2,720  
 
5.000%, 10/15/25 – NPFG Insured (UB) (4)  
10/14 at 100.00  
AAA  
2,928,053  
1,990  
 
5.000%, 10/15/26 – NPFG Insured (UB) (4)  
10/14 at 100.00  
AAA  
2,130,594  
4,960  
 
5.000%, 10/15/29 – AMBAC Insured (UB) (4)  
10/14 at 100.00  
AAA  
5,300,355  
1,500  
 
5.000%, 10/15/32 – AMBAC Insured (UB) (4)  
10/14 at 100.00  
AAA  
1,601,550  
1,600  
 
New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds, Fiscal  
1/17 at 100.00  
AA–  
1,793,472  
   
Series 2007S-2, 5.000%, 1/15/28 – FGIC Insured  
     
   
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal 2012  
     
   
Series E-1:  
     
2,730  
 
5.000%, 2/01/35  
2/22 at 100.00  
AAA  
3,186,047  
3,335  
 
5.000%, 2/01/37  
2/22 at 100.00  
AAA  
3,854,626  
3,420  
 
5.000%, 2/01/42  
2/22 at 100.00  
AAA  
3,944,081  
6,000  
 
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal 2012  
5/22 at 100.00  
AAA  
6,935,940  
   
Series F-1, 5.000%, 5/01/39  
     
40  
 
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal  
2/13 at 100.00  
AAA  
40,161  
   
Series 2003E, 5.250%, 2/01/22 – NPFG Insured  
     
2,000  
 
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Series  
5/19 at 100.00  
AAA  
2,258,000  
   
2009A-1, 5.000%, 5/01/36  
     
   
New York City Transitional Finance Authority, New York, Future Tax Secured Revenue Bonds,  
     
   
Subordinate Lien Series 2011C:  
     
4,000  
 
5.500%, 11/01/35  
11/20 at 100.00  
AAA  
4,806,200  
5,000  
 
5.000%, 11/01/39  
11/20 at 100.00  
AAA  
5,702,650  
1,660  
 
New York City, New York, Educational Construction Fund, Revenue Bonds, Series 2011A, 5.750%,  
4/21 at 100.00  
AA+  
2,010,941  
   
4/01/33 – AGM Insured  
     
   
New York Convention Center Development Corporation, Hotel Fee Revenue Bonds, Tender Option  
     
   
Bonds Trust 3095:  
     
845  
 
13.599%, 11/15/30 – AMBAC Insured (IF) (4)  
11/15 at 100.00  
AA+  
1,012,065  
4,005  
 
13.585%, 11/15/44 – AMBAC Insured (IF) (4)  
11/15 at 100.00  
AA+  
4,608,674  
3,750  
 
New York State Local Government Assistance Corporation, Revenue Bonds, Series 1993E, 5.250%,  
No Opt. Call  
AAA  
4,210,350  
   
4/01/16 – AGM Insured (UB)  
     
1,000  
 
New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Second General, Series  
4/14 at 100.00  
AA  
1,056,880  
   
2004A, 5.000%, 4/01/22 – NPFG Insured  
     
   
New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Second General,  
     
   
Series 2005B:  
     
8,455  
 
5.500%, 4/01/20 – AMBAC Insured  
No Opt. Call  
AA  
10,766,597  
2,600  
 
5.000%, 4/01/21 – AMBAC Insured  
10/15 at 100.00  
AA  
2,892,474  
1,000  
 
New York State Thruway Authority, State Personal Income Tax Revenue Bonds, Series 2004A,  
9/14 at 100.00  
AAA  
1,073,940  
   
5.000%, 3/15/24 – AMBAC Insured  
     
1,195  
 
New York State Thruway Authority, State Personal Income Tax Revenue Bonds, Series 2010A,  
9/20 at 100.00  
AAA  
1,419,290  
   
5.000%, 3/15/30  
     
   
New York State Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed and  
     
   
State Contingency Contract-Backed Bonds, Series 2003A-1:  
     
12,400  
 
5.250%, 6/01/20 – AMBAC Insured  
6/13 at 100.00  
AA–  
12,647,628  
1,000  
 
5.250%, 6/01/22 – AMBAC Insured  
6/13 at 100.00  
AA–  
1,019,460  
3,190  
 
New York State Urban Development Corporation, Revenue Refunding Bonds, State Facilities,  
No Opt. Call  
AA–  
3,374,988  
   
Series 1995, 5.600%, 4/01/15 – NPFG Insured  
     
400  
 
New York State Urban Development Corporation, State Personal Income Tax Revenue Bonds, Series  
3/15 at 100.00  
AAA  
419,600  
   
2005B, 5.000%, 3/15/30 – AGM Insured  
     
1,980  
 
Niagara Falls City School District, Niagara County, New York, Certificates of Participation,  
6/15 at 100.00  
AA–  
2,083,376  
   
High School Facility, Series 2005, 5.000%, 6/15/28 – AGM Insured  
     
   
Puerto Rico Highway and Transportation Authority, Highway Revenue Refunding Bonds,  
     
   
Series 2002E:  
     
3,000  
 
5.500%, 7/01/14 – AGM Insured  
No Opt. Call  
AA–  
3,131,730  
6,000  
 
5.500%, 7/01/18 – AGM Insured  
No Opt. Call  
AA–  
6,547,080  
2,500  
 
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series  
2/20 at 100.00  
AA–  
2,598,825  
   
2010A, 5.000%, 8/01/40 – AGM Insured  
     
3,235  
 
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series  
8/20 at 100.00  
AA–  
3,396,427  
   
2010C, 5.125%, 8/01/42 – AGM Insured  
     
16,250  
 
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Senior Series 2011C,  
No Opt. Call  
AA–  
3,699,638  
   
0.000%, 8/01/39  
     
   
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Series 2007A:  
     
13,520  
 
0.000%, 8/01/42 – FGIC Insured  
No Opt. Call  
AA–  
2,549,872  
63,295  
 
0.000%, 8/01/46 – NPFG Insured  
No Opt. Call  
AA–  
9,107,518  
44,175  
 
0.000%, 8/01/47 – AMBAC Insured  
No Opt. Call  
AA–  
5,903,547  
321,015  
 
Total Tax Obligation/Limited  
   
226,512,331  
   
Transportation – 10.5% (6.9% of Total Investments)  
     
   
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2005A:  
     
900  
 
4.750%, 11/15/27 – NPFG Insured  
11/15 at 100.00  
AA–  
981,513  
1,000  
 
4.750%, 11/15/30 – AMBAC Insured  
11/15 at 100.00  
A
1,072,160  
7,575  
 
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2006B,  
11/16 at 100.00  
AA–  
7,862,396  
   
4.500%, 11/15/36 – AGM Insured  
     
2,235  
 
New York Liberty Development Corporation, Liberty Revenue Bonds, 4 World Trade Center Project,  
11/21 at 100.00  
A+  
2,511,380  
   
Series 2011, 5.000%, 11/15/44  
     
970  
 
New York State Thruway Authority, General Revenue Bonds, Refunding Series 2007H, 5.000%,  
1/18 at 100.00  
A+  
1,114,530  
   
1/01/25 – FGIC Insured  
     
   
New York State Thruway Authority, General Revenue Bonds, Series 2005F:  
     
2,665  
 
5.000%, 1/01/20 – AMBAC Insured  
1/15 at 100.00  
A+  
2,882,491  
4,075  
 
5.000%, 1/01/30 – AMBAC Insured  
1/15 at 100.00  
A+  
4,373,820  
1,700  
 
New York State Thruway Authority, General Revenue Bonds, Series 2005G, 5.000%, 1/01/30 –  
7/15 at 100.00  
AA–  
1,848,750  
   
AGM Insured (UB)  
     
6,340  
 
New York State Thruway Authority, General Revenue Bonds, Series2012I, 5.000%, 1/01/42  
1/22 at 100.00  
A+  
7,097,376  
1,700  
 
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Fortieth  
6/15 at 101.00  
AA–  
1,841,593  
   
Series 2005, 5.000%, 12/01/31 – SYNCORA GTY Insured  
     
1,175  
 
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Forty  
8/17 at 100.00  
AA–  
1,700,601  
   
Eighth Series 2008, Tender Option Bond Trust 2920, 17.424%, 8/15/32 – AGM Insured (IF)  
     
   
Triborough Bridge and Tunnel Authority, New York, Subordinate Lien General Purpose Revenue  
     
   
Refunding Bonds, Series 2002E:  
     
1,570  
 
5.500%, 11/15/20 – NPFG Insured  
No Opt. Call  
A+  
2,004,498  
3,800  
 
5.250%, 11/15/22 – NPFG Insured  
3/13 at 100.00  
A+  
3,814,858  
35,705  
 
Total Transportation  
   
39,105,966  
   
U.S. Guaranteed – 10.7% (7.0% of Total Investments) (4)  
     
1,435  
 
Dormitory Authority of the State of New York, Judicial Facilities Lease Revenue Bonds, Suffolk  
No Opt. Call  
Aaa  
1,614,719  
   
County Issue, Series 1986, 7.375%, 7/01/16 (ETM)  
     
   
Dormitory Authority of the State of New York, Revenue Bonds, Memorial Sloan-Kettering Cancer  
     
   
Center, Series 2003-1:  
     
2,500  
 
5.000%, 7/01/21 (Pre-refunded 7/01/13) – NPFG Insured  
7/13 at 100.00  
AA (5)  
2,558,725  
3,300  
 
5.000%, 7/01/22 (Pre-refunded 7/01/13) – NPFG Insured  
7/13 at 100.00  
AA (5)  
3,377,517  
2,115  
 
Dormitory Authority of the State of New York, Revenue Bonds, The New York and Presbyterian  
8/14 at 100.00  
AA– (5)  
2,271,256  
   
Hospital Project, Series 2007, 5.000%, 8/15/36 (Pre-refunded 8/15/14) – AGM Insured  
     
990  
 
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, Series  
3/15 at 100.00  
AA– (5)  
1,089,129  
   
2005F, 5.000%, 3/15/21 (Pre-refunded 3/15/15) – AGM Insured  
     
1,710  
 
Erie County Industrial Development Agency, New York, School Facility Revenue Bonds, Buffalo  
5/14 at 100.00  
AA– (5)  
1,833,616  
   
City School District, Series 2004, 5.750%, 5/01/26 (Pre-refunded 5/01/14) – AGM Insured  
     
   
Metropolitan Transportation Authority, New York, Dedicated Tax Fund Bonds, Series 1999A:  
     
4,000  
 
5.000%, 4/01/17 (Pre-refunded 10/01/14) – AGM Insured  
10/14 at 100.00  
AA+ (5)  
4,321,640  
1,000  
 
5.000%, 4/01/29 (Pre-refunded 10/01/14) – AGM Insured  
10/14 at 100.00  
AA+ (5)  
1,080,410  
   
Metropolitan Transportation Authority, New York, Transit Facilities Revenue Bonds,  
     
   
Series 1998B:  
     
10,000  
 
4.875%, 7/01/18 – FGIC Insured (ETM)  
7/13 at 100.00  
AA+ (5)  
10,161,400  
4,500  
 
4.750%, 7/01/26 – FGIC Insured (ETM)  
7/13 at 100.00  
AA+ (5)  
4,609,845  
   
Nassau County Interim Finance Authority, New York, Sales Tax Secured Revenue Bonds,  
     
   
Series 2003A:  
     
1,555  
 
4.750%, 11/15/21 (Pre-refunded 11/15/13) – AMBAC Insured  
11/13 at 100.00  
AAA  
1,615,863  
1,555  
 
4.750%, 11/15/22 (Pre-refunded 11/15/13) – AMBAC Insured  
11/13 at 100.00  
AAA  
1,615,863  
205  
 
New York City Municipal Water Finance Authority, New York, Water and Sewerage System Revenue  
6/14 at 100.00  
Aa1 (5)  
219,002  
   
Bonds, Fiscal Series 2004C, 5.000%, 6/15/35 (Pre-refunded 6/15/14) – AMBAC Insured  
     
1,700  
 
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal  
2/13 at 100.00  
AAA  
1,707,174  
   
Series 2003E, 5.250%, 2/01/22 (Pre-refunded 2/01/13) – NPFG Insured  
     
1,845  
 
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal  
2/14 at 100.00  
AAA  
1,938,984  
   
Series 2004C, 5.000%, 2/01/19 (Pre-refunded 2/01/14) – SYNCORA GTY Insured  
     
100  
 
New York State Urban Development Corporation, State Personal Income Tax Revenue Bonds, Series  
3/15 at 100.00  
AA– (5)  
110,013  
   
2005B, 5.000%, 3/15/30 (Pre-refunded 3/15/15) – AGM Insured  
     
38,510  
 
Total U.S. Guaranteed  
   
40,125,156  
   
Utilities – 12.1% (8.0% of Total Investments)  
     
1,560  
 
Guam Power Authority, Revenue Bonds, Series 2010A, 5.000%, 10/01/37 – AGM Insured  
10/20 at 100.00  
AA–  
1,662,445  
300  
 
Guam Power Authority, Revenue Bonds, Series 2012A, 5.000%, 10/01/34  
10/22 at 100.00  
BBB  
334,629  
   
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2000A:  
     
4,000  
 
0.000%, 6/01/24 – AGM Insured  
No Opt. Call  
AA–  
2,919,560  
4,000  
 
0.000%, 6/01/25 – AGM Insured  
No Opt. Call  
AA–  
2,798,720  
5,000  
 
0.000%, 6/01/26 – AGM Insured  
No Opt. Call  
AA–  
3,337,750  
7,000  
 
0.000%, 6/01/27 – AGM Insured  
No Opt. Call  
AA–  
4,470,270  
10,500  
 
0.000%, 6/01/28 – AGM Insured  
No Opt. Call  
AA–  
6,392,505  
7,000  
 
0.000%, 6/01/29 – AGM Insured  
No Opt. Call  
AA–  
4,040,890  
   
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2006A:  
     
6,180  
 
5.000%, 12/01/23 – FGIC Insured  
6/16 at 100.00  
A
6,863,632  
8,020  
 
5.000%, 12/01/25 – FGIC Insured  
6/16 at 100.00  
A
8,876,215  
750  
 
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2006B,  
6/16 at 100.00  
A
817,733  
   
5.000%, 12/01/35 – CIFG Insured  
     
1,830  
 
Niagara Area Development Corporation, New York, Solid Waste Disposal Facility Revenue  
No Opt. Call  
BB+  
1,860,506  
   
Refunding Bonds, Covanta Energy Project, Series 2012B, 4.000%, 11/01/24  
     
865  
 
Power Authority of the State of New York, General Revenue Bonds, Series 2006A, 5.000%,  
11/15 at 100.00  
Aa2  
971,395  
   
11/15/19 – FGIC Insured  
     
57,005  
 
Total Utilities  
   
45,346,250  
   
Water and Sewer – 10.7% (7.0% of Total Investments)  
     
8,870  
 
New York City Municipal Water Finance Authority, New York, Water and Sewer System Revenue  
12/21 at 100.00  
AA+  
10,086,077  
   
Bonds, Second Generation Resolution, Fiscal 2012 Series BB, 5.000%, 6/15/44  
     
3,000  
 
New York City Municipal Water Finance Authority, New York, Water and Sewer System Revenue  
6/17 at 100.00  
AA+  
3,341,130  
   
Bonds, Second Generation Resolution, Series 2007AA, 5.000%, 6/15/37  
     
3,500  
 
New York City Municipal Water Finance Authority, New York, Water and Sewer System Revenue  
6/16 at 100.00  
AAA  
3,876,810  
   
Bonds, Series 2006B, 5.000%, 6/15/36 – NPFG Insured (UB)  
     
6,525  
 
New York City Municipal Water Finance Authority, New York, Water and Sewerage System Revenue  
6/15 at 100.00  
AAA  
7,128,952  
   
Bonds, Fiscal Series 2005C, 5.000%, 6/15/27 – NPFG Insured (UB)  
     
2,795  
 
New York City Municipal Water Finance Authority, New York, Water and Sewerage System Revenue  
6/14 at 100.00  
AAA  
2,937,457  
   
Bonds, Fiscal Series 2004C, 5.000%, 6/15/35 – AMBAC Insured  
     
5,000  
 
New York City Municipal Water Finance Authority, New York, Water and Sewerage System Revenue  
6/13 at 100.00  
AAA  
5,088,250  
   
Refunding Bonds, Fiscal Series 2003E, 5.000%, 6/15/34  
     
7,000  
 
Suffolk County Water Authority, New York, Waterworks Revenue Bonds, Series 2005C, 5.000%,  
6/15 at 100.00  
AAA  
7,408,590  
   
6/01/28 – NPFG Insured (UB)  
     
36,690  
 
Total Water and Sewer  
   
39,867,266  
$        652,785  
 
Total Investments (cost $528,024,479) – 152.6%  
   
570,229,247  
   
Floating Rate Obligations – (10.5)%  
   
(39,390,000)  
   
Variable Rate Demand Preferred Shares, at Liquidation Value – (43.3)% (6)  
   
(161,700,000)  
   
Other Assets Less Liabilities – 1.2%%  
   
4,416,649  
   
Net Assets Applicable to Common Shares – 100%  
   
$    373,555,896  
 
 
 

 
 
Fair Value Measurements
 
Fair value is defined as the price that the Fund would receive 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 risks 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  
$–  
$570,229,247  
$–  
$570,229,247  
 
The Nuveen funds’ Board of Directors/Trustees is responsible for the valuation process and has delegated the oversight of the daily valuation process to the Adviser’s Valuation Committee. The Valuation Committee, pursuant to the valuation policies and procedures adopted by the Board of Directors/Trustees, is responsible for making fair value determinations, evaluating the effectiveness of the funds’ pricing policies, and reporting to the Board of Directors/Trustees. The Valuation Committee is aided in its efforts by the Adviser’s dedicated Securities Valuation Team, which is responsible for administering the daily valuation process and applying fair value methodologies as approved by the Valuation Committee. When determining the reliability of independent pricing services for investments owned by the funds, the Valuation Committee, among other things, conducts due diligence reviews of the pricing services and monitors the quality of security prices received through various testing reports conducted by the Securities Valuation Team.
 
The Valuation Committee will consider pricing methodologies it deems relevant and appropriate when making fair value determinations. Examples of possible methodologies include, but are not limited to, multiple of earnings; discount from market of a similar freely traded security; discounted cash-flow analysis; book value or a multiple thereof; risk premium/yield analysis; yield to maturity; and/or fundamental investment analysis. The Valuation Committee will also consider factors it deems relevant and appropriate in light of the facts and circumstances. Examples of possible factors include, but are not limited to, the type of security; the issuer’s financial statements; the purchase price of the security; the discount from market value of unrestricted securities of the same class at the time of purchase; analysts’ research and observations from financial institutions; information regarding any transactions or offers with respect to the security; the existence of merger proposals or tender offers affecting the security; the price and extent of public trading in similar securities of the issuer or comparable companies; and the existence of a shelf registration for restricted securities.
 
For each portfolio security that has been fair valued pursuant to the policies adopted by the Board of Directors/Trustees, the fair value price is compared against the last available and next available market quotations. The Valuation Committee reviews the results of such testing and fair valuation occurrences are reported to the Board of Directors/Trustees.
 
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 December 31, 2012, the cost of investments was $492,506,256.
 
Gross unrealized appreciation and gross unrealized depreciation of investments as of December 31, 2012, were as follows:
     
Gross unrealized:  
   
   Appreciation  
$ 44,560,214  
   Depreciation  
  (6,236,974 )  
Net unrealized appreciation (depreciation) of investments  
$ 38,323,240  

     
(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)  
 
Ratings: Using 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)  
 
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 rating of such securities.  
(6)  
 
Variable Rate Demand Preferred Shares, at Liquidation Value as a percentage of Total Investments is 28.4%.  
N/R  
 
Not rated.  
(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 Quality Income Municipal Fund, Inc. 
 
By (Signature and Title)     /s/ Kevin J. McCarthy                    
                                                   Kevin J. McCarthy
                                                   Vice President and Secretary
 
Date:          March 1, 2013        
 
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:          March 1, 2013        
 
By (Signature and Title)     /s/ Stephen D. Foy                              
                                                   Stephen D. Foy
                                                  Vice President and Controller (principal financial officer) 
 
Date:          March 1, 2013        
 

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Nuveen New York Quality Income Municipal Fund, Inc. (NYSE:NUN)
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