UNITEDSTATES
SECURITIESANDEXCHANGECOMMISSION
Washington,D.C.20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number 811-08217
Name of Fund: BlackRock MuniHoldings New York Insured Fund, Inc. (MHN)
Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809
Name and address of agent for service: Anne F. Ackerley, Chief Executive Officer, BlackRock
MuniHoldings New York Insured Fund, Inc., 55 East 52nd Street, New York, NY 10055.
Registrants telephone number, including area code: (800) 882-0052, Option 4
Date of fiscal year end: 08/31/2010
Date of reporting period: 11/30/2009
Item 1 Schedule of Investments
BlackRock MuniHoldings New York Insured Fund, Inc. (MHN) | ||||
Schedule of Investments November 30, 2009 (Unaudited) | (Percentages shown are based on Net Assets) | |||
Par | ||||
Municipal Bonds | (000) | Value | ||
New York - 121.1% | ||||
Corporate - 10.6% | New York City Industrial Development Agency, RB, Japan Airlines | |||
Co., AMT (FSA), 6.00%, 11/01/15 | $ 8,500 $ | 8,520,315 | ||
New York City Industrial Development Agency, Refunding RB, | ||||
Terminal One Group Association Project, AMT, 5.50%, 1/01/24 | 1,500 | 1,509,930 | ||
New York Liberty Development Corp., RB, Goldman Sachs | ||||
Headquarters, 5.25%, 10/01/35 | 2,500 | 2,456,100 | ||
New York State Energy Research & Development Authority, RB, | ||||
Lilco Project, Series A (MBIA), 5.15%, 3/01/16 | 2,000 | 2,007,000 | ||
New York State Energy Research & Development Authority, | ||||
Refunding RB, Brooklyn Union Gas/KeySpan, Series A, AMT (FGIC), | ||||
4.70%, 2/01/24 | 7,340 | 7,183,511 | ||
New York State Energy Research & Development Authority, | ||||
Refunding RB, Central Hudson Gas, Series A (AMBAC), 5.45%, | ||||
8/01/27 | 6,000 | 6,070,980 | ||
Suffolk County Industrial Development Agency New York, RB, | ||||
KeySpan, Port Jefferson, AMT, 5.25%, 6/01/27 | 4,355 | 4,214,638 | ||
Suffolk County Industrial Development Agency New York, | ||||
Refunding RB, Ogden Martin System Huntington, AMT (AMBAC), | ||||
6.00%, 10/01/10 | 4,660 | 4,828,226 | ||
Suffolk County Industrial Development Agency New York, | ||||
Refunding RB, Ogden Martin System Huntington, AMT (AMBAC), | ||||
6.15%, 10/01/11 | 5,000 | 5,360,150 | ||
Suffolk County Industrial Development Agency New York, | ||||
Refunding RB, Ogden Martin System Huntington, AMT (AMBAC), | ||||
6.25%, 10/01/12 | 3,530 | 3,872,022 | ||
46,022,872 | ||||
County/City/Special | City of Buffalo New York, GO, General Improvement, Series D | |||
District/School | (FSA), 6.00%, 12/01/13 (a) | 1,000 | 1,010,160 | |
District - 36.8% | City of Buffalo New York, GO, General Improvement, Series D | |||
(FSA), 6.00%, 12/01/14 (a) | 1,000 | 1,010,160 | ||
City of New York New York, GO, Refunding, Series A (FSA), 6.25%, | ||||
5/15/26 | 3,700 | 3,830,610 | ||
City of New York New York, GO, Refunding, Sub-Series J-1, 4.50%, | ||||
5/15/30 | 1,000 | 989,430 |
Portfolio Abbreviations
To simplify the listings of portfolio holdings in the Schedules of Investments, the names and descriptions of many of
the securities have been abbreviated according to the following list. | |||
ACA | American Capital Assurance | FNMA | Federal National Mortgage Association |
AGC | Assured Guaranty Corp. | FSA | Financial Security Assurance Inc. |
AMBAC | American Municipal Bond Assurance Corp. | GO | General Obligation Bonds |
AMT | Alternative minimum Tax (subject to) | HFA | Housing Finance Agency |
BHAC | Berkshire Hathaway Assurance Corp. | MBIA | Municipal Bond Investors Assurance |
CAB | Capital Appreciation Bonds | (National Public Finance Guaranty Corp.) | |
CIFG | CDC IXIS Financial Guaranty | PILOT | Payment in Lieu of Taxes |
DRIVERS | Derivative Inverse Tax-Exempt Receipts | RB | Revenue Bonds |
FGIC | Financial Guaranty Insurance Co. | SONYMA | State of New York Mortgage Agency |
FHA | Federal Housing Administration | VRDN | Variable Rate Demand Notes |
1
BlackRock MuniHoldings New York Insured Fund, Inc. (MHN) | |||
Schedule of Investments November 30, 2009 (Unaudited) | (Percentages shown are based on Net Assets) | ||
Par | |||
Municipal Bonds | (000) | Value | |
City of New York New York, GO, Series B (MBIA), 5.75%, | |||
8/01/13 | $ 2,280 $ | 2,378,063 | |
City of Yonkers New York, GO, Series A (FGIC), 5.75%, 10/01/10 | 1,795 | 1,894,838 | |
Hudson Yards Infrastructure Corp., RB, Series A (FGIC), 5.00%, | |||
2/15/47 | 10,250 | 9,328,627 | |
Hudson Yards Infrastructure Corp., RB, Series A (MBIA), 4.50%, | |||
2/15/47 | 13,180 | 10,877,586 | |
New York City Health & Hospital Corp., Refunding RB, Health | |||
System, Series A (MBIA), 5.25%, 2/15/17 | 2,000 | 2,006,260 | |
New York City Industrial Development Agency, RB, CAB, Yankee | |||
Stadium, PILOT (AGC), 6.47%, 3/01/39 (b) | 1,380 | 239,306 | |
New York City Industrial Development Agency, RB, Queens | |||
Baseball Stadium, PILOT (AGC), 6.38%, 1/01/39 | 800 | 881,952 | |
New York City Industrial Development Agency, RB, Queens | |||
Baseball Stadium, PILOT (AMBAC), 5.00%, 1/01/31 | 4,000 | 3,766,280 | |
New York City Industrial Development Agency, RB, Queens | |||
Baseball Stadium, PILOT (AMBAC), 5.00%, 1/01/36 | 12,740 | 11,551,995 | |
New York City Industrial Development Agency, RB, Queens | |||
Baseball Stadium, PILOT (AMBAC), 5.00%, 1/01/39 | 4,000 | 3,614,840 | |
New York City Industrial Development Agency, RB, Queens | |||
Baseball Stadium, PILOT (AMBAC), 5.00%, 1/01/46 | 7,800 | 6,956,898 | |
New York City Industrial Development Agency, RB, Yankee | |||
Stadium, PILOT (FGIC), 5.00%, 3/01/46 | 9,500 | 8,470,010 | |
New York City Industrial Development Agency, RB, Yankee | |||
Stadium, PILOT (MBIA), 5.00%, 3/01/36 | 3,950 | 3,630,800 | |
New York City Transitional Finance Authority, RB, Fiscal 2008, | |||
Series S-1, 4.50%, 1/15/38 | 1,760 | 1,665,893 | |
New York City Transitional Finance Authority, RB, Fiscal 2009, | |||
Series S-1 (AGC), 5.50%, 7/15/38 | 4,000 | 4,230,360 | |
New York City Transitional Finance Authority, RB, Fiscal 2009, | |||
Series S-4 (AGC), 5.50%, 1/15/39 | 1,250 | 1,325,350 | |
New York City Transitional Finance Authority, RB, Future Tax | |||
Secured, Series B (FGIC), 6.25%, 11/15/18 | 6,405 | 6,644,291 | |
New York City Transitional Finance Authority, RB, Future Tax | |||
Secured, Series C (FGIC), 5.00%, 2/01/33 | 10,000 | 10,164,700 | |
New York City Transitional Finance Authority, RB, Future Tax | |||
Secured, Series E (MBIA), 5.25%, 2/01/22 | 2,500 | 2,690,025 | |
New York City Transitional Finance Authority, RB, Series B (MBIA), | |||
5.50%, 2/01/12 | 1,145 | 1,218,509 | |
New York City Transitional Finance Authority, RB, Series B (MBIA), | |||
5.50%, 2/01/13 | 805 | 856,681 | |
New York City Transitional Finance Authority, RB, Series S-2 (FSA), | |||
5.00%, 1/15/37 | 3,750 | 3,787,837 | |
New York City Transitional Finance Authority, RB, Series S-2 | |||
(MBIA), 4.25%, 1/15/34 | 4,830 | 4,375,642 |
2
BlackRock MuniHoldings New York Insured Fund, Inc. (MHN) | ||||
Schedule of Investments November 30, 2009 (Unaudited) | (Percentages shown are based on Net Assets) | |||
Par | ||||
Municipal Bonds | (000) | Value | ||
New York City Transitional Finance Authority, Refunding RB, | ||||
Series A (FGIC), 5.00%, 11/15/26 | $ 1,000 $ | 1,044,080 | ||
New York Convention Center Development Corp., RB, Hotel Unit | ||||
Fee Secured (AMBAC), 5.00%, 11/15/30 | 2,100 | 2,102,100 | ||
New York Convention Center Development Corp., RB, Hotel Unit | ||||
Fee Secured (AMBAC), 5.00%, 11/15/35 | 20,500 | 19,919,030 | ||
New York Convention Center Development Corp., RB, Hotel Unit | ||||
Fee Secured (AMBAC), 5.00%, 11/15/44 | 2,055 | 1,935,563 | ||
Oneida-Herkimer Solid Waste Management Authority New York, | ||||
Refunding RB (FSA), 5.50%, 4/01/13 | 1,800 | 2,034,972 | ||
Sales Tax Asset Receivable Corp., RB, DRIVERS, Series 1438Z | ||||
(AMBAC), 9.48%, 10/15/14 | 1,250 | 1,458,050 | ||
Sales Tax Asset Receivable Corp., RB, Series A (AMBAC), 5.00%, | ||||
10/15/32 | 14,175 | 14,619,103 | ||
Syracuse Industrial Development Agency New York, RB, Carousel | ||||
Center Project, Series A, AMT (Syncora), 5.00%, 1/01/36 | 10,000 | 6,930,800 | ||
159,440,801 | ||||
Education - 14.2% | Albany Industrial Development Agency, RB, University Heights, | |||
Albany Law School, Series A (Radian), 6.75%, 12/01/29 (a) | 3,375 | 3,409,357 | ||
Madison County Industrial Development Agency New York, RB, | ||||
Colgate University Project, Series A (AMBAC), 5.00%, 7/01/30 | 4,000 | 4,103,640 | ||
New York City Industrial Development Agency, Refunding RB, | ||||
Nightingale-Bamford School (AMBAC), 5.25%, 1/15/17 | 1,200 | 1,303,548 | ||
New York City Industrial Development Agency, Refunding RB, | ||||
Polytechnic University Project (ACA), 5.25%, 11/01/37 | 2,160 | 1,846,044 | ||
New York City Transitional Finance Authority, RB, Fiscal 2009, | ||||
Series S-4 (AGC), 5.50%, 1/15/33 | 3,000 | 3,108,120 | ||
New York State Dormitory Authority, RB, 853 Schools Program, | ||||
Issue 2, Series E (AMBAC), 5.75%, 7/01/19 | 1,340 | 1,357,621 | ||
New York State Dormitory Authority, RB, Mount Sinai School of | ||||
Medicine, 5.13%, 7/01/39 | 3,090 | 3,036,728 | ||
New York State Dormitory Authority, RB, Mount Sinai School of | ||||
Medicine at NYU (MBIA), 5.00%, 7/01/35 | 6,100 | 5,970,436 | ||
New York State Dormitory Authority, RB, New York University, | ||||
Series 1 (AMBAC), 5.50%, 7/01/40 | 3,500 | 3,971,800 | ||
New York State Dormitory Authority, RB, Pace University (MBIA), | ||||
6.00%, 7/01/10 (a) | 5,345 | 5,576,278 | ||
New York State Dormitory Authority, RB, Siena College, 5.00%, | ||||
7/01/31 | 3,330 | 3,295,168 | ||
Schenectady County Industrial Development Agency, RB, Union | ||||
College Project, Series A (AMBAC), 5.45%, 12/01/29 (a) | 5,000 | 5,100,700 | ||
Schenectady County Industrial Development Agency, Refunding | ||||
RB, Union College Project, Series A (AMBAC), 5.63%, 7/01/11 (a) | 3,000 | 3,303,120 |
3
BlackRock MuniHoldings New York Insured Fund, Inc. (MHN) | ||||
Schedule of Investments November 30, 2009 (Unaudited) | (Percentages shown are based on Net Assets) | |||
Par | ||||
Municipal Bonds | (000) | Value | ||
Trust for Cultural Resources, RB, Carnegie Hall, Series A, 5.00%, | ||||
12/01/39 | $ 5,000 $ | 4,937,898 | ||
Trust for Cultural Resources, Refunding RB, American Museum of | ||||
Natural History, Series A (MBIA), 5.00%, 7/01/36 | 3,800 | 3,857,342 | ||
Westchester County Industrial Development Agency New York, RB, | ||||
Purchase College Foundation Housing, Series A (AMBAC), 5.75%, | ||||
12/01/31 | 7,000 | 7,145,110 | ||
61,322,910 | ||||
Health - 7.1% | New York City Industrial Development Agency, RB, Royal Charter, | |||
New York Presbyterian (FSA), 5.75%, 12/15/29 | 7,965 | 8,435,811 | ||
New York State Dormitory Authority, RB, Gustavus Adolphus Child | ||||
& Family Services, Inc., Series B (AMBAC), 5.50%, 7/01/18 | 2,058 | 2,084,466 | ||
New York State Dormitory Authority, RB, Hudson Valley Hospital | ||||
(BHAC), 5.00%, 8/15/36 | 5,000 | 5,131,500 | ||
New York State Dormitory Authority, RB, Mortgage, Montefiore | ||||
Hospital (MBIA), 5.00%, 8/01/33 | 1,000 | 1,008,130 | ||
New York State Dormitory Authority, RB, New York & Presbyterian | ||||
Hospital (FSA), 5.25%, 2/15/31 | 1,500 | 1,540,110 | ||
New York State Dormitory Authority, RB, New York & Presbyterian | ||||
Hospital (FSA), 5.00%, 8/15/36 | 4,000 | 4,029,720 | ||
New York State Dormitory Authority, RB, New York State | ||||
Rehabilitation Association, Series A (CIFG), 5.25%, 7/01/19 | 1,180 | 1,207,978 | ||
New York State Dormitory Authority, RB, New York State | ||||
Rehabilitation Association, Series A (CIFG), 5.13%, 7/01/23 | 1,000 | 997,530 | ||
New York State Dormitory Authority, RB, North Shore-Long Island | ||||
Jewish Health System, Series A, 5.50%, 5/01/37 | 1,825 | 1,822,336 | ||
New York State Dormitory Authority, Refunding RB, St. Charles | ||||
Hospital & Rehabilitation Center, Series A (MBIA), 5.63%, 7/01/12 | 3,400 | 3,440,970 | ||
New York State Dormitory Authority, Refunding RB, St. Luke's | ||||
Roosevelt Hospital (FHA), 4.90%, 8/15/31 | 1,000 | 965,200 | ||
30,663,751 | ||||
Housing - 4.2% | New York City Housing Development Corp., RB, Series C, AMT, | |||
5.00%, 11/01/26 | 1,250 | 1,239,662 | ||
New York City Housing Development Corp., RB, Series C, AMT, | ||||
5.05%, 11/01/36 | 2,000 | 1,834,920 | ||
New York City Housing Development Corp., RB, Series H-1, AMT, | ||||
4.70%, 11/01/40 | 1,000 | 883,020 | ||
New York Mortgage Agency, RB, Series 145, AMT, 5.13%, | ||||
10/01/37 | 1,000 | 970,360 | ||
New York Mortgage Agency, Refunding RB, Homeowner Mortgage, | ||||
Series 67, AMT (MBIA), 5.70%, 10/01/17 | 2,140 | 2,142,204 | ||
New York Mortgage Agency, Refunding RB, Homeowner Mortgage, | ||||
Series 83 (MBIA), 5.55%, 10/01/27 | 2,100 | 2,101,071 |
4
BlackRock MuniHoldings New York Insured Fund, Inc. (MHN) | ||||
Schedule of Investments November 30, 2009 (Unaudited) | (Percentages shown are based on Net Assets) | |||
Par | ||||
Municipal Bonds | (000) | Value | ||
New York Mortgage Agency, Refunding RB, Homeowner Mortgage, | ||||
Series 97, AMT, 5.50%, 4/01/31 | $ 955 $ | 957,359 | ||
New York Mortgage Agency, Refunding RB, Series 82, AMT (MBIA), | ||||
5.65%, 4/01/30 | 955 | 955,296 | ||
New York Mortgage Agency, Refunding RB, Series 133, AMT, 4.95%, | ||||
10/01/21 | 1,500 | 1,516,725 | ||
New York Mortgage Agency, Refunding RB, Series 143, AMT, 4.90%, | ||||
10/01/37 | 990 | 915,047 | ||
New York Mortgage Agency, Refunding RB, Series 143, AMT (MBIA), | ||||
4.85%, 10/01/27 | 2,000 | 1,944,040 | ||
New York State HFA, RB, St. Philip's Housing, Series A, AMT | ||||
(FNMA), 4.65%, 11/15/38 | 1,000 | 928,560 | ||
Yonkers Industrial Development Agency New York, RB, Monastery | ||||
Manor Associates LP Project, AMT (SONYMA), 5.25%, 4/01/37 | 2,000 | 1,889,120 | ||
18,277,384 | ||||
State - 11.0% | New York State Dormitory Authority, RB, Master BOCES Program | |||
Lease (AGC), 4.75%, 8/15/24 | 1,090 | 1,134,679 | ||
New York State Dormitory Authority, RB, Master BOCES Program | ||||
Lease (AGC), 5.00%, 8/15/28 | 250 | 259,528 | ||
New York State Dormitory Authority, RB, Mental Health Facilities, | ||||
Series B, 5.25%, 2/15/14 (a) | 1,550 | 1,765,078 | ||
New York State Dormitory Authority, RB, Mental Health Services | ||||
Facilities Improvement, Series B (FSA), 5.00%, 2/15/33 | 4,500 | 4,598,460 | ||
New York State Dormitory Authority, RB, Mental Health Services | ||||
Facilities, Series C, AMT (FSA), 5.40%, 2/15/33 | 5,650 | 5,688,533 | ||
New York State Dormitory Authority, RB, School Districts Financing | ||||
Program, Series A (FSA), 5.00%, 10/01/35 | 450 | 454,621 | ||
New York State Dormitory Authority, RB, School Districts Financing | ||||
Program, Series C (FSA), 5.00%, 10/01/37 | 2,500 | 2,519,175 | ||
New York State Dormitory Authority, RB, School Districts Financing | ||||
Program, Series D (MBIA), 5.00%, 10/01/30 | 1,240 | 1,250,019 | ||
New York State Dormitory Authority, RB, School Districts Financing | ||||
Program, Series E (MBIA), 5.75%, 10/01/30 | 6,900 | 7,288,539 | ||
New York State Dormitory Authority, Refunding RB, School | ||||
Districts Financing Program, Series A (FSA), 5.00%, 10/01/35 | 5,000 | 5,056,650 | ||
New York State Dormitory Authority, Refunding RB, Secured | ||||
Hospital, North General Hospital (Syncora), 5.75%, 2/15/17 | 2,000 | 2,155,420 | ||
New York State Thruway Authority, RB, Second General, Series B, | ||||
5.00%, 4/01/27 | 1,000 | 1,052,890 | ||
New York State Thruway Authority, RB, Series A (AMBAC), 5.00%, | ||||
4/01/26 | 8,700 | 9,147,441 | ||
New York State Urban Development Corp., RB, Personal Income | ||||
Tax, Series C-1 (MBIA), 5.00%, 3/15/13 (a) | 3,000 | 3,395,400 | ||
New York State Urban Development Corp., RB, State Personal | ||||
Income Tax, State Facilities, Series A-1 (MBIA), 5.00%, 3/15/29 | 2,000 | 2,060,520 | ||
47,826,953 |
5
BlackRock MuniHoldings New York Insured Fund, Inc. (MHN) | ||||
Schedule of Investments November 30, 2009 (Unaudited) | (Percentages shown are based on Net Assets) | |||
Par | ||||
Municipal Bonds | (000) | Value | ||
Tobacco - 4.9% | Tobacco Settlement Financing Corp. New York, RB, | |||
Asset-Backed, Series A-1 (AMBAC), 5.25%, 6/01/20 | $ 5,000 $ | 5,267,200 | ||
Tobacco Settlement Financing Corp. New York, RB, | ||||
Asset-Backed, Series A-1 (AMBAC), 5.25%, 6/01/21 | 13,275 | 13,912,731 | ||
Tobacco Settlement Financing Corp. New York, RB, | ||||
Asset-Backed, Series A-1 (AMBAC), 5.25%, 6/01/22 | 2,000 | 2,091,540 | ||
21,271,471 | ||||
Transportation - 20.2% | Metropolitan Transportation Authority, RB, Series 2008C, 6.50%, | |||
11/15/28 | 6,015 | 6,869,912 | ||
Metropolitan Transportation Authority, Refunding RB, Series A | ||||
(MBIA), 5.25%, 11/15/31 | 2,500 | 2,532,700 | ||
Metropolitan Transportation Authority, Refunding RB, Series C | ||||
(FSA), 4.75%, 1/01/10 (a) | 2,535 | 2,793,519 | ||
Metropolitan Transportation Authority, Refunding RB, | ||||
Transportation, Series F (MBIA), 5.25%, 11/15/12 (a) | 6,300 | 7,113,015 | ||
New York State Thruway Authority, RB, Series F (AMBAC), 5.00%, | ||||
1/01/30 | 5,000 | 5,076,000 | ||
New York State Thruway Authority, RB, Series G (FSA), 4.75%, | ||||
1/01/29 | 1,250 | 1,258,488 | ||
New York State Thruway Authority, RB, Series G (FSA), 4.75%, | ||||
1/01/30 | 1,000 | 1,001,910 | ||
New York State Thruway Authority, RB, Series G (FSA), 5.00%, | ||||
1/01/32 | 5,225 | 5,260,164 | ||
Port Authority of New York & New Jersey, RB, Consolidated, 155th | ||||
Series, AMT (CIFG), 4.50%, 9/01/35 | 1,000 | 885,660 | ||
Port Authority of New York & New Jersey, RB, Consolidated, | ||||
161st Series, 4.50%, 10/15/37 | 3,000 | 2,853,480 | ||
Port Authority of New York & New Jersey, RB, Special Project, | ||||
JFK International Air Terminal, Series 6, AMT (MBIA), 6.25%, | ||||
12/01/11 | 3,000 | 3,132,780 | ||
Port Authority of New York & New Jersey, RB, Special Project, | ||||
JFK International Air Terminal, Series 6, AMT (MBIA), 6.25%, | ||||
12/01/15 | 7,830 | 8,265,740 | ||
Port Authority of New York & New Jersey, RB, Special Project, | ||||
JFK International Air Terminal, Series 6, AMT (MBIA), 5.90%, | ||||
12/01/17 | 4,000 | 4,198,960 | ||
Port Authority of New York & New Jersey, RB, Special Project, | ||||
JFK International Air Terminal, Series 6, AMT (MBIA), 5.75%, | ||||
12/01/22 | 26,725 | 27,230,637 | ||
Triborough Bridge & Tunnel Authority, RB, Sub-Series A (MBIA), | ||||
5.25%, 11/15/30 | 6,000 | 6,207,540 | ||
Triborough Bridge & Tunnel Authority, RB, Subordinate Bonds | ||||
(AMBAC), 5.00%, 11/15/28 | 2,465 | 2,553,469 | ||
87,233,974 | ||||
Utilities - 12.1% | Long Island Power Authority, RB, Series A (AMBAC), 5.00%, | |||
9/01/29 | 3,000 | 3,062,040 |
6
BlackRock MuniHoldings New York Insured Fund, Inc. (MHN) | ||||
Schedule of Investments November 30, 2009 (Unaudited) | (Percentages shown are based on Net Assets) | |||
Par | ||||
Municipal Bonds | (000) | Value | ||
Long Island Power Authority, Refunding RB, General, Series A | ||||
(AGC), 6.00%, 5/01/33 | $ 1,500 $ | 1,663,845 | ||
Long Island Power Authority, Refunding RB, General, Series B | ||||
(FSA), 5.00%, 12/01/35 | 3,500 | 3,550,400 | ||
Long Island Power Authority, Refunding RB, Series A (AGC), 5.75%, | ||||
4/01/39 | 1,000 | 1,090,380 | ||
New York City Municipal Water Finance Authority, RB, Series A | ||||
(AMBAC), 5.00%, 6/15/35 | 3,500 | 3,537,240 | ||
New York City Municipal Water Finance Authority, RB, Series A | ||||
(MBIA), 5.75%, 6/15/11 (a) | 23,000 | 24,854,260 | ||
New York City Municipal Water Finance Authority, Refunding RB, | ||||
Fiscal 2004, Series C (MBIA), 5.00%, 6/15/35 | 1,000 | 1,013,340 | ||
New York City Municipal Water Finance Authority, Refunding RB, | ||||
Series A (FSA), 4.25%, 6/15/39 | 2,200 | 1,984,290 | ||
New York City Municipal Water Finance Authority, Refunding RB, | ||||
Series A (MBIA), 5.13%, 6/15/34 | 1,250 | 1,264,650 | ||
New York City Municipal Water Finance Authority, Refunding RB, | ||||
Series F (FSA), 5.00%, 6/15/29 | 500 | 505,975 | ||
New York State Environmental Facilities Corp., RB, Long Island | ||||
Water Corp. Project, Series A, AMT (MBIA), 4.90%, 10/01/34 | 6,000 | 5,492,340 | ||
New York State Environmental Facilities Corp., Refunding RB, | ||||
Spring Valley Water Co., Series B (AMBAC), 6.15%, 8/01/24 | 4,400 | 4,408,668 | ||
52,427,428 | ||||
Total Municipal Bonds in New York | 524,487,544 | |||
Guam - 1.1% | ||||
Transportation - 1.1% | Guam International Airport Authority, Refunding RB, General, | |||
Series C, AMT (MBIA), 5.25%, 10/01/21 | 3,700 | 3,705,106 | ||
Guam International Airport Authority, Refunding RB, General, | ||||
Series C, AMT (MBIA), 5.25%, 10/01/22 | 1,050 | 1,050,451 | ||
Total Municipal Bonds in Guam | 4,755,557 | |||
Puerto Rico - 16.6% | ||||
County/City/Special | Puerto Rico Sales Tax Financing Corp., Refunding RB, CAB, | |||
District/School District - | Series A (MBIA), 5.79%, 8/01/41 (b) | 11,000 | 1,674,530 | |
0.4% | ||||
Housing - 0.7% | Puerto Rico Housing Finance Authority, Refunding RB, | |||
Subordinate, Capital Fund Modernization, 5.13%, 12/01/27 | 3,000 | 3,037,770 | ||
State - 6.4% | Commonwealth of Puerto Rico, GO, Refunding, Public | |||
Improvement, Series A (MBIA), 5.50%, 7/01/20 | 1,970 | 2,065,801 | ||
Commonwealth of Puerto Rico, GO, Refunding, Public | ||||
Improvement, Series A-4 (FSA), 5.25%, 7/01/30 | 1,400 | 1,439,060 | ||
Commonwealth of Puerto Rico, GO, Refunding, Sub-Series C-7 | ||||
(MBIA), 6.00%, 7/01/27 | 2,000 | 2,066,220 | ||
Commonwealth of Puerto Rico, GO, Refunding, Sub-Series C-7 | ||||
(MBIA), 6.00%, 7/01/28 | 4,000 | 4,110,400 | ||
Puerto Rico Commonwealth Infrastructure Financing Authority, RB, | ||||
CAB, Series A (AMBAC), 4.66%, 7/01/34 (b) | 9,300 | 1,553,751 | ||
Puerto Rico Commonwealth Infrastructure Financing Authority, RB, | ||||
CAB, Series A (AMBAC), 4.67%, 7/01/37 (b) | 2,200 | 287,628 |
7
BlackRock MuniHoldings New York Insured Fund, Inc. (MHN) | ||||
Schedule of Investments November 30, 2009 (Unaudited) | (Percentages shown are based on Net Assets) | |||
Par | ||||
Municipal Bonds | (000) | Value | ||
Puerto Rico Commonwealth Infrastructure Financing Authority, RB, | ||||
CAB, Series A (FGIC), 4.62%, 7/01/31 (b) | $ 10,280 $ | 2,255,432 | ||
Puerto Rico Commonwealth Infrastructure Financing Authority, RB, | ||||
CAB, Series A (FGIC), 4.66%, 7/01/33 (b) | 5,500 | 1,006,390 | ||
Puerto Rico Convention Center Authority, RB, Series A (AMBAC), | ||||
5.00%, 7/01/31 | 3,270 | 2,957,552 | ||
Puerto Rico Highway & Transportation Authority, Refunding RB, | ||||
Series CC (FSA), 5.50%, 7/01/31 | 4,000 | 4,345,360 | ||
Puerto Rico Highway & Transportation Authority, Refunding RB, | ||||
Series CC (FSA), 5.25%, 7/01/32 | 2,000 | 2,078,180 | ||
Puerto Rico Public Buildings Authority, Refunding RB, Government | ||||
Facilities, Series M-3 (MBIA), 6.00%, 7/01/28 | 2,500 | 2,577,600 | ||
Puerto Rico Sales Tax Financing Corp., RB, 1st Sub-Series A, 5.75%, | ||||
8/01/37 | 1,000 | 1,011,740 | ||
27,755,114 | ||||
Transportation - 6.3% | Puerto Rico Highway & Transportation Authority, RB, Series Y | |||
(FSA), 6.25%, 7/01/21 | 5,025 | 5,562,474 | ||
Puerto Rico Highway & Transportation Authority, RB, Subordinate | ||||
(FGIC), 5.25%, 7/01/17 | 4,800 | 4,924,992 | ||
Puerto Rico Highway & Transportation Authority, Refunding RB, | ||||
Series CC (FSA), 5.25%, 7/01/33 | 1,000 | 1,035,760 | ||
Puerto Rico Highway & Transportation Authority, Refunding RB, | ||||
Series CC (FSA), 5.25%, 7/01/34 | 870 | 898,040 | ||
Puerto Rico Highway & Transportation Authority, Refunding RB, | ||||
Series CC (FSA), 5.25%, 7/01/36 | 3,750 | 3,864,488 | ||
Puerto Rico Highway & Transportation Authority, Refunding RB, | ||||
Series D, 5.75%, 7/01/12 (a) | 10,000 | 11,215,000 | ||
27,500,754 | ||||
Utilities - 2.8% | Puerto Rico Aqueduct & Sewer Authority, RB, Senior Lien, Series A | |||
(AGC), 5.13%, 7/01/47 | 10,175 | 9,924,390 | ||
Puerto Rico Electric Power Authority, RB, Series NN, 5.13%, | ||||
7/01/13 (a) | 940 | 1,073,387 | ||
Puerto Rico Electric Power Authority, Refunding RB, Series VV | ||||
(MBIA), 5.25%, 7/01/30 | 1,000 | 999,950 | ||
11,997,727 | ||||
Total Municipal Bonds in Puerto Rico | 71,965,895 | |||
Total Municipal Bonds - 138.8% | 601,208,996 | |||
Municipal Bonds Transferred to | ||||
Tender Option Bond Trusts (c) | ||||
County/City/Special | City of New York New York, GO, Series J, 5.00%, 5/15/23 | 6,800 | 7,137,348 | |
District /School District - | City of New York New York, GO, Sub-Series C-3 (AGC), | |||
6.0% | 5.75%, 8/15/28 | 10,000 | 11,237,900 | |
Sales Tax Asset Receivable Corp., RB, Series A (AMBAC), | ||||
5.00%, 10/15/32 | 7,000 | 7,582,540 | ||
25,957,788 |
8
BlackRock MuniHoldings New York Insured Fund, Inc. (MHN) | ||||
Schedule of Investments November 30, 2009 (Unaudited) | (Percentages shown are based on Net Assets) | |||
Municipal Bonds Transferred to | Par | |||
Tender Option Bond Trusts (c) | (000) | Value | ||
Education - 2.5% | New York State Dormitory Authority, RB, New York University, | |||
Series A, 5.00%, 7/01/38 | $ 5,498 $ | 5,590,338 | ||
New York State Dormitory Authority, RB, State University | ||||
Dormitory Facilities, Series A, 5.25%, 7/01/29 | 5,000 | 5,353,550 | ||
10,943,888 | ||||
State - 1.3% | New York State Dormitory Authority, RB, Education, Series B, | |||
5.75%, 3/15/36 | 5,000 | 5,513,900 | ||
Transportation - 20.2% | Metropolitan Transportation Authority, RB, Series A (MBIA), | |||
5.00%, 11/15/31 | 7,002 | 7,183,673 | ||
Metropolitan Transportation Authority, Refunding RB, Series A | ||||
(FSA), 5.00%, 11/15/30 | 5,010 | 5,049,579 | ||
Metropolitan Transportation Authority, Refunding RB, Series A | ||||
(FSA), 5.75%, 11/15/32 | 29,000 | 30,809,600 | ||
New York State Thruway Authority, RB, Series G (FSA), | ||||
5.00%, 1/01/32 | 12,000 | 12,080,760 | ||
New York State Thruway Authority, Refunding RB, Series H (FSA), | ||||
5.00%, 1/01/37 | 8,500 | 8,538,930 | ||
Port Authority of New York & New Jersey, RB, Consolidated, 155th | ||||
Series, AMT (FSA), 5.13%, 7/15/30 | 2,500 | 2,525,725 | ||
Triborough Bridge & Tunnel Authority, Refunding RB (MBIA), | ||||
5.25%, 11/15/23 | 12,000 | 12,771,120 | ||
Triborough Bridge & Tunnel Authority, Refunding RB (MBIA), | ||||
5.00%, 11/15/32 | 8,309 | 8,422,567 | ||
87,381,954 | ||||
Utilities - 1.6% | New York City Municipal Water Finance Authority, RB, Fiscal 2009, | |||
Series A, 5.75%, 6/15/40 | 4,004 | 4,391,677 | ||
New York City Municipal Water Finance Authority, RB, | ||||
Series FF-2, 5.50%, 6/15/40 | 2,399 | 2,572,446 | ||
6,964,123 | ||||
Total Municipal Bonds Transferred to | ||||
Tender Option Bond Trusts - 31.6% | 136,761,653 | |||
Total Long-Term Investments | ||||
(Cost - $738,538,251) - 170.4% | 737,970,649 | |||
Short-Term Securities | ||||
New York - 0.0% | City of New York New York, GO, VRDN, Sub-Series A-6 (FSA), | |||
0.22%, 12/01/09 (d) | 375 | 375,000 | ||
Shares | ||||
Money Market Fund - 1.0% | CMA New York Municipal Money Fund, 0.04% (e)(f) | 4,249,977 | 4,249,977 | |
Total Short-Term Securities | ||||
(Cost - $4,624,977) - 1.0% | 4,624,977 |
9
BlackRock MuniHoldings New York Insured Fund, Inc. (MHN) | ||
Schedule of Investments November 30, 2009 (Unaudited) | (Percentages shown are based on Net Assets) | |
Value | ||
Total Investments (Cost - $743,163,228*) - 171.4% | $ 742,595,626 | |
Other Assets Less Liabilities - 1.1% | 4,704,293 | |
Liability for Trust Certificates, Including | (70,487,921) | |
Interest Expense and Fees Payable - (16.3)% | ||
Preferred Shares, at Redemption Value - (56.2)% | (243,643,833) | |
Net Assets Applicable to Common Shares - 100.0% | $ 433,168,165 |
* The cost and unrealized appreciation (depreciation) of investments as of November 30, 2009, as computed for
federal income tax purposes, were as follows:
Aggregate cost | $ 672,836,337 |
Gross unrealized appreciation | $ 20,255,911 |
Gross unrealized depreciation | (20,959,221) |
Net unrealized depreciation | $ (703,310) |
(a) 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.
(b) Represents a zero-coupon bond. Rate shown reflects the current yield as of report date.
(c) 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.
(d) Security may have a maturity of more than one year at time of issuance but has variable
rate and demand features that qualify it as a short-term security. Rate shown is as of report
date and maturity shown is the date the principal owed can be recovered through demand.
(e) 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 | $ (799,844) | $ 656 |
(f) Represents the current yield as of report date.
10
BlackRock MuniHoldings New York Insured Fund, Inc. (MHN)
Schedule of Investments November 30, 2009 (Unaudited)
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 assets and
liabilities
Level 2 - other observable inputs (including, but not limited to: quoted prices for
similar assets or liabilities in markets that are active, quoted prices for identical
or similar assets or liabilities in markets that are not active, inputs other than
quoted prices that are observable for the assets or liabilities (such as interest
rates, yield curves, volatilities, prepayments speeds, loss severities, credit risks
and default rates) or other market-corroborated inputs)
Level 3 - unobservable inputs based on the best information available in the
circumstances, to the extent observable inputs are not available (including the
Fund's own assumptions used in determining the fair value of investments)
The inputs or methodology used for valuing securities are not necessarily an
indication of the risk associated with investing in those securities. For information
about the Fund's policy regarding valuation of investments and other significant
accounting policies, please refer to the Fund's most recent financial statements as
contained in its annual report.
The following table summarizes the inputs used as of November 30, 2009 in
determining the fair valuation of the Fund's investments:
Valuation | Investments in |
Inputs | Securities |
Assets | |
Level 1 - Short-Term Securities | $ 4,249,977 |
Level 2: | |
Long-Term Investments1 | 737,970,649 |
Short-Term Securities | 375,000 |
Total Level 2 | 738,345,649 |
Level 3 | - |
Total | $ 742,595,626 |
1See above Schedule of Investments for values in each state or
political subdivision.
11
Item 2 Controls and Procedures
2(a) The registrant's principal executive and principal financial officers or persons performing similar
functions have concluded that the registrant's disclosure controls and procedures (as defined in Rule
30a-3(c) under the Investment Company Act of 1940, as amended (the 1940 Act)) are effective as
of a date within 90 days of the filing of this report based on the evaluation of these controls and
procedures required by Rule 30a-3(b) under the 1940 Act and Rule 13(a)-15(b) under the Securities
Exchange Act of 1934, as amended.
2(b) There were no changes in the registrant's internal control over financial reporting (as defined in Rule
30a-3(d) under the 1940 Act) that occurred during the registrant's last fiscal quarter that have
materially affected, or are reasonably likely to materially affect, the registrant's internal control over
financial reporting.
Item 3 Exhibits
Certifications Attached hereto
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company
Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
BlackRock MuniHoldings New York Insured Fund, Inc.
By: /s/ Anne F. Ackerley
Anne F. Ackerley
Chief Executive Officer of
BlackRock MuniHoldings New York Insured Fund, Inc.
Date: January 22, 2010
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/ Anne F. Ackerley
Anne F. Ackerley
Chief Executive Officer (principal executive officer) of
BlackRock MuniHoldings New York Insured Fund, Inc.
Date: January 22, 2010
By: /s/ Neal J. Andrews
Neal J. Andrews
Chief Financial Officer (principal financial officer) of
BlackRock MuniHoldings New York Insured Fund, Inc.
Date: January 22, 2010