N-Q 1 d380614dnq.htm BLACKROCK MUNIYIELD NEW YORK QUALITY FUND, INC. BlackRock MuniYield New York Quality Fund, Inc.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-06500

Name of Fund:   BlackRock MuniYield New York Quality Fund, Inc. (MYN)

Fund Address:    100 Bellevue Parkway, Wilmington, DE 19809

Name and address of agent for service: John M. Perlowski, Chief Executive Officer, BlackRock MuniYield

             New York Quality Fund, Inc., 55 East 52nd Street, New York, NY 10055

Registrant’s telephone number, including area code: (800) 882-0052, Option 4

Date of fiscal year end: 07/31/2017

Date of reporting period: 4/30/2017

Item 1 – Schedule of Investments

Schedule of Investments April 30, 2017 (Unaudited)

   

BlackRock MuniYield New York Quality Fund, Inc. (MYN)

(Percentages shown are based on Net Assets)

 

Municipal Bonds    Par
(000)		     Value  

New York — 121.0%

                 

Corporate — 2.0%

     

City of New York New York Industrial Development Agency, Refunding RB, Transportation Infrastructure Properties LLC, Series A, AMT, 5.00%, 7/01/28

    $ 930     $ 990,022  

County of Onondaga New York Industrial Development Agency, RB, Bristol-Meyers Squibb Co. Project, AMT, 5.75%, 3/01/24

      2,500       3,019,350  

New York Liberty Development Corp., Refunding RB, Goldman Sachs Headquarters, 5.25%, 10/01/35

      5,600       6,777,120  
    

 

 

  
               10,786,492  

County/City/Special District/School District — 21.8%

 

  

Brooklyn Arena Local Development Corp., Refunding RB, Barclays Center Project, Series A,
5.00%, 7/15/42

      1,430       1,562,146  

City of New York New York, GO:

     

Series A-1, 5.00%, 8/01/35

      1,950       2,184,000  

Sub-Series A-1, 5.00%, 8/01/33

      2,100       2,393,181  

Sub-Series D-1, 5.00%, 10/01/33

      8,350       9,433,078  

Sub-Series D-1, Fiscal 2014, 5.00%, 8/01/31

      1,300       1,496,911  

City of New York New York, GO, Refunding:

     

Fiscal 2012, Series I, 5.00%, 8/01/32

      490       558,634  

Fiscal 2014, Series E, 5.00%, 8/01/32

      2,040       2,333,678  

Series E, 5.50%, 8/01/25

      6,230       7,606,269  

City of New York New York Convention Center Development Corp., RB, CAB, Sub Lien, Hotel Unit Fee, Series B (a):

     

0.00%, 11/15/46

      4,000       1,062,640  

(AGM), 0.00%, 11/15/56

      7,825       1,416,325  

City of New York New York Convention Center Development Corp., Refunding RB, Hotel Unit Fee Secured:

     

5.00%, 11/15/40

      6,000       6,782,820  

5.00%, 11/15/45

      13,995       15,809,732  
Municipal Bonds    Par
(000)		     Value  

New York (continued)

                 

County/City/Special District/School District (continued)

 

  

City of New York New York Industrial Development Agency, RB, PILOT:

     

CAB, Yankee Stadium Project, Series A (AGC), 0.00%, 3/01/39 (a)

    $ 5,000     $ 2,112,400  

CAB, Yankee Stadium Project, Series A (AGC), 0.00%, 3/01/43 (a)

      4,330       1,493,114  

Queens Baseball Stadium (AGC),
6.38%, 1/01/39

      1,000       1,083,790  

Queens Baseball Stadium (AMBAC),
5.00%, 1/01/36

      6,400       6,413,696  

Queens Baseball Stadium (AMBAC),
5.00%, 1/01/39

      1,750       1,753,763  

Yankee Stadium Project (NPFGC),
5.00%, 3/01/36

      2,250       2,282,063  

Yankee Stadium Project (NPFGC),
5.00%, 3/01/46

      9,650       9,706,066  

County of Nassau New York, GO:

     

Series A, 5.00%, 1/15/31

      1,770       2,066,316  

Series B, 5.00%, 10/01/30

      1,550       1,814,632  

Hudson Yards Infrastructure Corp., RB:

     

Series A (AGC), 5.00%, 2/15/47

      550       553,905  

Series A (AGC), 5.00%, 2/15/47

      4,300       4,330,530  

Series A (AGM), 5.00%, 2/15/47

      4,580       4,612,518  

Series A (NPFGC), 4.50%, 2/15/47

      11,175       11,196,903  

Series A (NPFGC), 5.00%, 2/15/47

      4,665       4,698,121  

New York Liberty Development Corp., Refunding RB:

     

4 World Trade Center Project, 5.00%, 11/15/31

      2,570       2,889,220  

4 World Trade Center Project, 5.00%, 11/15/44

      2,000       2,203,680  

4 World Trade Center Project, 5.75%, 11/15/51

      3,000       3,415,200  

7 World Trade Center Project, Class 1, 4.00%, 9/15/35

      1,090       1,160,523  
 

 

                
   BLACKROCK MUNIYIELD NEW YORK QUALITY FUND, INC.    APRIL 30, 2017    1

Schedule of Investments (continued)

   

BlackRock MuniYield New York Quality Fund, Inc. (MYN)

 

Municipal Bonds    Par
(000)		     Value  

New York (continued)

                 

County/City/Special District/School District (continued)

 

  

New York Liberty Development Corp., Refunding RB (continued):

     

7 World Trade Center Project, Class 2,
5.00%, 9/15/43

    $ 3,725     $ 4,130,392  
    

 

 

  
               120,556,246  

Education — 24.5%

     

Albany Capital Resource Corp., Refunding RB, Albany College of Pharmacy and Health Sciences, Series A:

     

5.00%, 12/01/31

      250       280,110  

5.00%, 12/01/32

      100       111,972  

Amherst Development Corp., Refunding RB, University at Buffalo Foundation Faculty-Student Housing Corp., Series A (AGM), 4.63%, 10/01/40

      2,000       2,082,800  

Build NYC Resource Corp., RB, The Chapin School Ltd. Project, 5.00%, 11/01/26

      950       1,183,852  

Build NYC Resource Corp., Refunding RB:

     

City University Queens College, Series A, 5.00%, 6/01/43

      525       590,184  

New York Law School Project, 5.00%, 7/01/41

      1,065       1,143,160  

New York Law School Project, 4.00%, 7/01/45

      370       362,019  

City of New York Albany Capital Resource Corp., Refunding RB, Albany College of Pharmacy and Health Sciences, Series A, 4.00%, 12/01/34

      110       115,282  

City of New York New York Trust for Cultural Resources, Refunding RB:

     

American Museum of Natural History, Series A, 5.00%, 7/01/37

      2,265       2,542,938  

American Museum of Natural History, Series A, 5.00%, 7/01/41

      825       918,374  

Carnegie Hall, Series A, 4.75%, 12/01/39

      3,550       3,809,505  

Carnegie Hall, Series A, 5.00%, 12/01/39

      2,150       2,326,386  

Museum of Modern Art, Series 1A,
5.00%, 10/01/18 (b)

      1,000       1,057,990  

Wildlife Conservation Society, Series A,
5.00%, 8/01/42

      750       836,790  
Municipal Bonds    Par
(000)		     Value  

New York (continued)

                 

Education (continued)

     

City of Troy New York Capital Resource Corp., Refunding RB, Rensselaer Polytechnic Institute Project, Series A, 5.13%, 9/01/40

    $ 5,740     $ 6,279,790  

Counties of Buffalo & Erie New York Industrial Development Agency, RB, City School District of Buffalo Project, Series A:

     

5.25%, 5/01/31

      2,305       2,609,306  

5.25%, 5/01/32

      1,000       1,126,660  

Counties of Buffalo & Erie New York Industrial Development Agency, Refunding RB, City School District of Buffalo Project:

     

5.00%, 5/01/28

      1,000       1,191,390  

Series A, 5.00%, 5/01/29

      4,060       4,791,612  

Counties of Buffalo & Erie New York Industrial Land Development Corp., Refunding RB, Buffalo State College Foundation Housing Corp. Project, Series A,
5.38%, 10/01/41

      1,040       1,154,296  

County of Dutchess New York Local Development Corp., Refunding RB, Vassar College Project:

     

5.00%, 7/01/42

      1,180       1,356,528  

4.00%, 7/01/46

      2,235       2,295,144  

County of Madison New York Capital Resource Corp., RB, Colgate University Project, Series B:

     

5.00%, 7/01/40

      815       932,360  

5.00%, 7/01/43

      2,940       3,354,217  

County of Monroe New York Industrial Development Corp., RB, University of Rochester Project, Series B,
4.50%, 7/01/35

      3,885       4,228,706  

County of Monroe New York Industrial Development Corp., Refunding RB, University of Rochester Project, Series A:

     

5.00%, 7/01/38

      1,440       1,619,323  

4.00%, 7/01/39

      500       526,345  

County of Onondaga New York, RB, Syracuse University Project:

     

5.00%, 12/01/30

      1,190       1,349,067  

5.00%, 12/01/36

      1,150       1,295,636  
 

 

                
2    BLACKROCK MUNIYIELD NEW YORK QUALITY FUND, INC.    APRIL 30, 2017   

Schedule of Investments (continued)

   

BlackRock MuniYield New York Quality Fund, Inc. (MYN)

    

 

Municipal Bonds    Par
(000)		     Value  

New York (continued)

                 

Education (continued)

     

County of St. Lawrence New York Industrial Development Agency, RB, Clarkson University Project,
5.38%, 9/01/41

    $ 500     $ 563,825  

County of Tompkins New York Development Corp., RB, Ithaca College Project (AGM):

     

5.50%, 7/01/33

      500       556,990  

5.25%, 7/01/36

      860       948,245  

County of Tompkins New York Industrial Development Agency, RB, Civic Facility Cornell University Project, Series A, 5.00%, 7/01/37

      675       745,538  

State of New York Dormitory Authority, RB:

     

Columbia University, Series A-2, 5.00%, 10/01/46

      1,250       1,645,275  

Convent of the Sacred Heart (AGM),
5.75%, 11/01/40

      2,075       2,349,357  

Fordham University, Series A, 5.00%, 7/01/28

      325       369,447  

Fordham University, Series A, 5.50%, 7/01/36

      1,550       1,773,262  

General Purpose, Series A, 5.00%, 2/15/36

      5,500       6,180,680  

New School (AGM), 5.50%, 7/01/20 (b)

      4,050       4,580,023  

New York University Mount Sinai School of Medicine, 5.13%, 7/01/19 (b)

      665       722,509  

New York University, Series 1 (AMBAC), 5.50%, 7/01/40

      4,580       5,967,557  

New York University, Series B, 5.00%, 7/01/34

      1,000       1,079,650  

New York University, Series B, 5.00%, 7/01/37

      600       678,282  

New York University, Series B, 5.00%, 7/01/42

      3,240       3,625,787  

New York University, Series C, 5.00%, 7/01/18 (b)

      2,000       2,095,120  

State University Dormitory Facilities, Series A, 5.00%, 7/01/35

      800       883,600  

State University Dormitory Facilities, Series A, 5.00%, 7/01/40

      2,035       2,235,712  

State University Dormitory Facilities, Series A, 5.00%, 7/01/41

      1,500       1,668,225  
Municipal Bonds    Par
(000)		     Value  

New York (continued)

                 

Education (continued)

     

State of New York Dormitory Authority, Refunding RB:

     

3rd General Resolution, State University Educational Facilities Issue, Series A,
5.00%, 5/15/29

    $ 1,000     $ 1,155,730  

Barnard College, Series A, 5.00%, 7/01/34

      1,150       1,303,123  

Barnard College, Series A, 4.00%, 7/01/37

      240       247,596  

Barnard College, Series A, 5.00%, 7/01/43

      2,500       2,798,425  

Cornell University, Series A, 5.00%, 7/01/40

      700       773,843  

Fordham University, 5.00%, 7/01/44

      2,130       2,382,661  

Icahn School of Medicine at Mount Sinai, Series A, 5.00%, 7/01/35

      1,380       1,538,452  

New York University, Series A, 5.00%, 7/01/31

      3,955       4,522,898  

New York University, Series A, 5.00%, 7/01/37

      4,775       5,397,994  

Pratt Institute, 5.00%, 7/01/46

      910       1,017,043  

Rochester Institute of Technology, 5.00%, 7/01/42

      750       830,850  

St. John’s University, Series A, 5.00%, 7/01/37

      2,240       2,510,794  

State University Dormitory Facilities, Series A, 5.25%, 7/01/30

      4,195       4,869,388  

State University Dormitory Facilities, Series A, 5.25%, 7/01/31

      8,735       10,058,090  

State University Dormitory Facilities, Series A, 5.00%, 7/01/42

      1,490       1,667,414  

State University Dormitory Facilities, Series A, 5.00%, 7/01/42

      2,315       2,650,536  

State University Dormitory Facilities, Series B, 5.00%, 7/01/32

      500       577,885  
 

 

                
   BLACKROCK MUNIYIELD NEW YORK QUALITY FUND, INC.    APRIL 30, 2017    3

Schedule of Investments (continued)

   

BlackRock MuniYield New York Quality Fund, Inc. (MYN)

    

 

Municipal Bonds    Par
(000)		     Value  

New York (continued)

                 

Education (continued)

     

State of New York Dormitory Authority, Refunding RB (continued):

     

State University Dormitory Facilities, Series B, 5.00%, 7/01/33

    $ 1,140     $ 1,311,296  
    

 

 

  
               135,754,844  

Health — 10.0%

     

City of New York New York Health & Hospital Corp., Refunding RB, Health System, Series A,
5.00%, 2/15/30

      2,200       2,361,656  

County of Dutchess New York Industrial Development Agency, RB, Vassar Brothers Medical Center (AGC):

     

5.50%, 4/01/34

      490       538,294  

5.50%, 4/01/30

      250       276,155  

County of Dutchess New York Local Development Corp., RB, Health Quest Systems, Inc., Series B:

     

3.00%, 7/01/36

      1,360       1,185,702  

4.00%, 7/01/41

      1,055       1,058,176  

County of Monroe New York Industrial Development Corp., RB, Rochester General Hospital Project, Series A:

     

5.00%, 12/01/32

      830       910,817  

5.00%, 12/01/37

      350       379,214  

County of Monroe New York Industrial Development Corp., Refunding RB, Unity Hospital of Rochester Project (FHA), 5.50%, 8/15/40

      5,650       6,429,135  

County of Suffolk New York EDC, RB, Catholic Health Services, Series C, 5.00%, 7/01/32

      625       682,344  

County of Westchester New York Healthcare Corp., Refunding RB, Senior Lien, Remarketing, Series A, 5.00%, 11/01/30

      1,790       1,941,076  

State of New York Dormitory Authority, RB:

     

General Purpose, Series A, 5.00%, 2/15/42

      3,000       3,431,160  

Healthcare, Series A, 5.00%, 3/15/19 (b)

      2,000       2,148,480  

Hudson Valley Hospital (BHAC) (FHA), 5.00%, 8/15/36 (b)

      6,500       6,573,190  
Municipal Bonds    Par
(000)		     Value  

New York (continued)

                 

Health (continued)

     

State of New York Dormitory Authority, RB (continued):

     

New York University Hospitals Center, Series A, 5.75%, 7/01/20 (b)

    $ 3,450     $ 3,928,239  

New York University Hospitals Center, Series A, 6.00%, 7/01/20 (b)

      1,100       1,261,018  

North Shore-Long Island Jewish Obligated Group, Series A, 5.50%, 5/01/19 (b)

      2,075       2,258,907  

North Shore-Long Island Jewish Obligated Group, Series C, 4.25%, 5/01/39

      1,000       1,045,400  

North Shore-Long Island Jewish Obligated Group, Series D, 4.25%, 5/01/39

      300       313,620  

State of New York Dormitory Authority, Refunding RB, North Shore-Long Island Jewish Obligated Group, Series A:

     

5.00%, 5/01/32

      4,000       4,417,760  

5.00%, 5/01/32

      3,525       3,999,430  

5.25%, 5/01/34

      9,220       10,248,307  
    

 

 

  
               55,388,080  

Housing — 4.5%

     

City of New York New York Housing Development Corp., RB, M/F Housing:

     

Fund Grant Program, New York City Housing Authority Program, Series B1, 5.25%, 7/01/32

      6,865       7,795,757  

Fund Grant Program, New York City Housing Authority Program, Series B1, 5.00%, 7/01/33

      1,675       1,861,494  

Series A-1-A, AMT, 5.00%, 11/01/30

      750       757,883  

Series A-1-A, AMT, 5.45%, 11/01/46

      1,335       1,361,940  

Series H-2-A, AMT, 5.20%, 11/01/35

      840       848,039  

Series H-2-A, AMT, 5.35%, 5/01/41

      600       610,926  

Sustainable Neighborhood Bonds, Series C-1-A, 3.40%, 11/01/47

      2,850       2,630,578  
 

 

                
4    BLACKROCK MUNIYIELD NEW YORK QUALITY FUND, INC.    APRIL 30, 2017   

Schedule of Investments (continued)

   

BlackRock MuniYield New York Quality Fund, Inc. (MYN)

    

 

Municipal Bonds    Par
(000)		     Value  

New York (continued)

                 

Housing (continued)

     

City of New York New York Housing Development Corp., Refunding RB, M/F Housing, 8 Spruce Street, Class F, 4.50%, 2/15/48

    $ 1,230     $ 1,271,488  

City of Yonkers New York Industrial Development Agency, RB, Monastery Manor Associates LP Project, Series A, AMT (SONYMA), 5.25%, 4/01/37

      2,445       2,451,553  

County of Monroe New York Industrial Development Agency, IDRB, Southview Towers Project, AMT (SONYMA):

     

6.13%, 2/01/20

      305       306,061  

6.25%, 2/01/31

      1,125       1,127,880  

State of New York HFA, RB, M/F Housing:

     

Affordable Series B (Ginnie Mae, Fannie Mae & Freddie Mac), 4.00%, 11/01/42

      2,630       2,645,833  

St. Philip’s Housing, Series A, AMT, 4.65%, 11/15/38

      1,500       1,500,615  
    

 

 

  
               25,170,047  

State — 13.1%

     

City of New York New York Transitional Finance Authority, BARB:

     

Fiscal 2008, Series S-1, 4.50%, 1/15/38

      1,700       1,734,170  

Fiscal 2009, Series S-1 (AGC), 5.50%, 7/15/38

      6,000       6,312,240  

Fiscal 2009, Series S-4 (AGC), 5.50%, 1/15/33

      5,500       5,904,195  

Fiscal 2009, Series S-4 (AGC), 5.50%, 1/15/39

      1,500       1,610,235  

Fiscal 2015, Series S-1, 5.00%, 7/15/37

      2,000       2,260,320  

Series S-2 (AGM) (NPFGC), 5.00%, 1/15/37

      5,000       5,015,900  

Series S-2 (NPFGC), 4.25%, 1/15/34

      4,025       4,033,533  

City of New York New York Transitional Finance Authority Future Tax Secured, RB:

     

Sub-Series A-1, 5.00%, 11/01/38

      1,000       1,143,490  

Sub-Series B-1, 5.00%, 11/01/35

      2,510       2,859,191  

Sub-Series B-1, 5.00%, 11/01/36

      1,690       1,917,052  
Municipal Bonds    Par
(000)		     Value  

New York (continued)

                 

State (continued)

     

City of New York New York Transitional Finance Authority Future Tax Secured, RB (continued):

     

Sub-Series B-1, 5.00%, 11/01/38

    $ 4,000     $ 4,571,000  

Sub-Series E-1, 5.00%, 2/01/30

      1,000       1,183,280  

City of New York New York Transitional Finance Authority Future Tax Secured, Refunding RB, Series C,
5.00%, 11/01/30

      1,470       1,734,438  

Metropolitan Transportation Authority, Refunding RB, Dedicated Tax Fund:

     

Series B, 5.00%, 11/15/19 (b)

      1,500       1,637,370  

Sub-Series B-1, 5.00%, 11/15/31

      3,465       3,985,131  

Sales Tax Asset Receivable Corp., Refunding RB, Series A, 4.00%, 10/15/32

      3,835       4,153,765  

State of New York Dormitory Authority, RB:

     

General Purpose, Series B, 5.00%, 3/15/37

      1,000       1,127,400  

General Purpose, Series B, 5.00%, 3/15/42

      7,500       8,343,150  

Master BOCES Program Lease (AGC),
5.00%, 8/15/28

      1,750       1,904,070  

School Districts Financing Program, Series C (AGM), 5.00%, 10/01/17 (b)

      4,050       4,121,888  

Series B, 5.00%, 3/15/37

      2,000       2,302,400  

State Personal Income Tax, Series A,
5.00%, 2/15/43

      1,000       1,107,340  

State of New York Thruway Authority, RB, 2nd General Highway & Bridge Trust, Series B, 5.00%, 10/01/17 (b)

      1,500       1,526,625  

State of New York Urban Development Corp., RB, State Personal Income Tax, Series C, 5.00%, 3/15/32

      2,000       2,302,500  
    

 

 

  
               72,790,683  

Tobacco — 2.4%

     

Counties of New York Tobacco Trust VI, Refunding RB, Tobacco Settlement Pass-Through:

     

Series A, 5.00%, 6/01/41

      425       455,672  

Series B, 5.00%, 6/01/45

      1,820       1,927,198  
 

 

                
   BLACKROCK MUNIYIELD NEW YORK QUALITY FUND, INC.    APRIL 30, 2017    5

Schedule of Investments (continued)

   

BlackRock MuniYield New York Quality Fund, Inc. (MYN)

    

 

Municipal Bonds    Par
(000)		     Value  

New York (continued)

                 

Tobacco (continued)

     

Counties of New York Tobacco Trust VI, Refunding RB, Tobacco Settlement Pass-Through (continued):

     

Series C, 5.00%, 6/01/51

    $ 800     $ 844,088  

County of Chautauqua New York Tobacco Asset Securitization Corp., Refunding RB, 4.75%, 6/01/39

      2,190       2,216,871  

County of Niagara New York Tobacco Asset Securitization Corp., Refunding RB, Asset-Backed:

     

5.25%, 5/15/34

      1,650       1,824,587  

5.25%, 5/15/40

      2,250       2,463,098  

Westchester Tobacco Asset Securitization, Refunding RB, Tobacco Settlement Bonds, Sub-Series C, 4.00%, 6/01/42

      3,445       3,456,265  
    

 

 

  
               13,187,779  

Transportation — 26.8%

     

Metropolitan Transportation Authority, RB:

     

Green Bonds, Series A, 5.00%, 11/15/42

      3,500       4,034,345  

Series A, 5.00%, 11/15/27

      1,000       1,142,990  

Series A, 5.00%, 11/15/30

      1,000       1,132,440  

Series A-1, 5.25%, 11/15/33

      2,565       2,955,085  

Series A-1, 5.25%, 11/15/34

      2,840       3,260,888  

Series C, 6.50%, 11/15/28

      615       667,386  

Series D, 5.25%, 11/15/41

      3,450       3,909,540  

Series E, 5.00%, 11/15/38

      7,785       8,674,825  

Series E, 5.00%, 11/15/43

      4,000       4,439,640  

Series H, 5.00%, 11/15/31

      1,690       1,941,540  

Sub-Series B, 5.00%, 11/15/25

      3,250       3,801,265  

Metropolitan Transportation Authority, Refunding RB:

     

Green Bonds, Series A-1, 4.00%, 11/15/46

      315       320,749  

Green Bonds, Series A-1, 5.25%, 11/15/56

      2,610       2,946,142  

Series C-1, 5.25%, 11/15/56

      855       970,228  

Series D, 5.25%, 11/15/29

      1,000       1,128,880  

Metropolitan Transportation Authority Hudson Rail Yards Trust Obligations, Refunding RB, Series A:

     

5.00%, 11/15/56

      5,655       6,129,737  

5.00%, 11/15/51

      480       516,912  
Municipal Bonds    Par
(000)		     Value  

New York (continued)

                 

Transportation (continued)

     

New York Liberty Development Corp., RB, 1 World Trade Center Port Authority Consolidated, 5.25%, 12/15/43

    $ 3,500     $ 3,949,330  

New York Transportation Development Corp., ARB, LaGuardia Airport Terminal B Redevelopment Project, Series A, AMT:

     

5.00%, 7/01/46

      6,615       7,089,759  

5.25%, 1/01/50

      6,335       6,864,986  

(AGM), 4.00%, 7/01/41

      1,575       1,550,918  

Niagara Falls Bridge Commission, Refunding RB, Toll Bridge System, Series A (AGC), 4.00%, 10/01/19

      1,200       1,244,808  

Port Authority of New York & New Jersey, ARB:

     

Consolidated, 163rd Series, 5.00%, 7/15/35

      2,500       2,746,475  

Consolidated, 169th Series, 5.00%, 10/15/41

      1,000       1,069,580  

Consolidated, 183rd Series, 4.00%, 6/15/44

      1,500       1,555,560  

JFK International Air Terminal LLC, Special Project, Series 6, AMT (NPFGC), 5.75%, 12/01/22

      8,160       8,260,368  

Port Authority of New York & New Jersey, Refunding ARB:

     

178th Series, AMT, 5.00%, 12/01/33

      1,140       1,263,907  

179th Series, 5.00%, 12/01/38

      1,390       1,580,930  

Consolidated, 147th Series, AMT, 4.75%, 4/15/37

      2,250       2,259,742  

Consolidated, 177th Series, AMT, 4.00%, 1/15/43

      735       745,092  

Consolidated, 178th Series, AMT, 5.00%, 12/01/43

      750       815,692  

Consolidated, 186th Series, AMT, 5.00%, 10/15/44

      1,000       1,102,600  

Consolidated, 189th Series, 5.00%, 5/01/45

      1,875       2,111,756  

Consolidated, 195th Series, AMT, 5.00%, 4/01/36

      1,500       1,693,410  

Series G, JFK International Air Terminal (AGM), 5.75%, 12/01/25

      3,500       3,543,050  
 

 

                
6    BLACKROCK MUNIYIELD NEW YORK QUALITY FUND, INC.    APRIL 30, 2017   

Schedule of Investments (continued)

   

BlackRock MuniYield New York Quality Fund, Inc. (MYN)

 

Municipal Bonds   

Par

(000)

     Value  

New York (continued)

                 

Transportation (continued)

     

State of New York Thruway Authority, RB, Junior Lien, Series A, 5.25%, 1/01/56

    $ 3,880     $ 4,393,014  

State of New York Thruway Authority, Refunding RB, General:

     

Series I, 5.00%, 1/01/37

      4,750       5,264,092  

Series I, 5.00%, 1/01/42

      3,250       3,594,175  

Series J, 5.00%, 1/01/41

      6,275       6,936,824  

Series K, 5.00%, 1/01/29

      2,225       2,589,255  

Series K, 5.00%, 1/01/31

      1,500       1,720,860  

Series K, 5.00%, 1/01/32

      3,500       3,997,175  

Triborough Bridge & Tunnel Authority, RB, Series B:

     

5.00%, 11/15/40

      1,010       1,153,925  

5.00%, 11/15/45

      1,500       1,706,505  

Triborough Bridge & Tunnel Authority, Refunding RB:

     

General, CAB, Series B, 0.00%, 11/15/32 (a)

      9,590       5,686,486  

General, Series A, 5.00%, 11/15/38

      1,000       1,116,100  

General, Series A, 5.25%, 11/15/45

      1,460       1,687,643  

General, Series A, 5.00%, 11/15/50

      4,500       5,063,805  

General, Series C, 5.00%, 11/15/18 (b)

      1,235       1,311,978  

General, Series C, 5.00%, 11/15/38

      765       808,835  

Sub-Series A, 5.00%, 11/15/28

      2,500       2,889,325  

Sub-Series A, 5.00%, 11/15/29

      875       1,004,929  
    

 

 

  
        148,345,481  

Utilities — 15.9%

     

City of New York New York Municipal Water Finance Authority, RB, Water & Sewer System, 2nd General Resolution, Fiscal 2017, Series DD, 5.25%, 6/15/47

      2,455       2,880,304  

City of New York New York Municipal Water Finance Authority, Refunding RB, Water & Sewer System:

     

2nd General Resolution, Fiscal 2010, Series FF, 5.00%, 6/15/31

      1,500       1,668,630  
Municipal Bonds   

Par

(000)

     Value  

New York (continued)

                 

Utilities (continued)

     

City of New York New York Municipal Water Finance Authority, Refunding RB, Water & Sewer System (continued):

     

2nd General Resolution, Fiscal 2011, Series BB, 5.00%, 6/15/31

    $ 1,000     $ 1,112,420  

2nd General Resolution, Fiscal 2011, Series GG, 5.00%, 6/15/43

      1,000       1,111,170  

2nd General Resolution, Fiscal 2015, Series HH, 5.00%, 6/15/39

      3,000       3,425,310  

2nd General Resolution, Series DD, 5.00%, 6/15/32

      3,750       3,915,525  

Fiscal 2016, Series A, 3.00%, 6/15/36

      825       789,855  

City of New York New York Water & Sewer System, RB, Series DD, 5.00%, 6/15/47

      3,785       4,322,091  

Long Island Power Authority, RB, General, Electric Systems, Series A (AGM), 5.00%, 5/01/36

      3,775       4,181,530  

Long Island Power Authority, Refunding RB, Electric Systems:

     

Series A, 5.00%, 9/01/34

      1,000       1,118,990  

Series A (AGC), 5.75%, 4/01/39

      1,015       1,097,205  

Series B, 5.00%, 9/01/41

      590       660,475  

Series B, 5.00%, 9/01/46

      2,750       3,064,545  

General, Series A (AGC), 6.00%, 5/01/19 (b)

      1,500       1,647,810  

State of New York Environmental Facilities Corp., RB, Green Bonds, Series B:

     

5.00%, 3/15/45

      5,145       5,850,637  

Revolving Funds, 5.00%, 9/15/40

      1,195       1,376,078  

State of New York Environmental Facilities Corp., Refunding RB:

     

Revolving Funds, New York City Municipal Water, Series B, 5.00%, 6/15/33

      1,040       1,085,906  

Revolving Funds, New York City Municipal Water, Series B, 5.00%, 6/15/36

      2,100       2,372,496  

Series A, 5.00%, 6/15/40

      4,275       4,941,045  

Series A, 5.00%, 6/15/45

      18,920       21,587,531  

State of New York Power Authority, Refunding RB, Series A, 5.00%, 11/15/38

      4,920       5,517,485  
 

 

                
   BLACKROCK MUNIYIELD NEW YORK QUALITY FUND, INC.    APRIL 30, 2017    7

Schedule of Investments (continued)

   

BlackRock MuniYield New York Quality Fund, Inc (MYN).

 

Municipal Bonds  

Par

(000)

      Value  

New York (continued)

                 

Utilities (continued)

     

Utility Debt Securitization Authority, Refunding RB, Restructuring:

     

3.00%, 12/15/32

   $ 1,600      $ 1,610,544  

Series E, 5.00%, 12/15/41

     9,960        11,374,420  

Western Nassau County Water Authority, RB, Series A, 5.00%, 4/01/40

     1,185        1,313,110  
    

 

 

  
         88,025,112  
Total Municipal Bonds in New York        670,004,764  

Guam — 0.3%

                 

Utilities — 0.3%

     

Guam Power Authority, RB, Series A (AGM),
5.00%, 10/01/37

     1,380        1,508,934  

Puerto Rico — 0.9%

                 

Housing — 0.9%

     

Puerto Rico Housing Finance Authority, Refunding RB, M/F Housing, Subordinate, Capital Fund Modernization, 5.13%, 12/01/27

     4,580        4,825,213  
Total Municipal Bonds — 122.2%        676,338,911  
    
   
Municipal Bonds Transferred to
Tender Option Bond Trusts (c)		             

New York — 41.0%

                 

County/City/Special District/School District — 11.3%

 

   

City of New York New York, GO, Refunding, Series E:

     

5.00%, 8/01/27

     1,064        1,154,961  

5.00%, 8/01/29

     2,000        2,385,220  

City of New York New York, GO:

     

Sub-Series C-3 (AGC), 5.75%, 2/15/19 (b)(d)

     916        992,990  

Sub-Series C-3 (AGC), 5.75%, 8/15/28

     13,484        14,620,066  

Sub-Series I-1, 5.00%, 3/01/36

     3,500        3,939,145  

City of New York New York Convention Center Development Corp., Refunding RB, Hotel Unit Fee Secured, 5.00%, 11/15/32

     3,500        4,047,120  

Municipal Bonds Transferred to

Tender Option Bond Trusts (c)

   Par
(000)		      Value  

New York (continued)

                 

County/City/Special District/School District (continued)

     

Hudson Yards Infrastructure Corp., RB, Fiscal 2012, Series A, 5.75%, 2/15/47 (d)

   $ 9,739      $ 11,067,435  

New York Liberty Development Corp., RB, 1 World Trade Center Port Authority Consolidated Bonds,
5.25%, 12/15/43

     17,999        20,310,216  

New York Liberty Development Corp., Refunding RB, 7 World Trade Center Project, Class 1, 5.00%, 9/15/40

     3,645        4,103,979  
    

 

 

  
         62,621,132  

Education — 6.0%

     

City of New York New York Trust for Cultural Resources, Refunding RB, Wildlife Conservation Society, Series A, 5.00%, 8/01/33

     1,981        2,295,061  

State of New York Dormitory Authority, LRB, State University Dormitory Facilities, New York University:

     

, 5.00%, 7/01/35

     5,198        5,822,573  

, 5.25%, 7/01/19 (b)

     6,000        6,539,040  

State of New York Dormitory Authority, RB, Series A:

     

5.00%, 7/01/18 (b)

     6,498        6,807,190  

5.00%, 3/15/44

     5,548        6,244,018  

State of New York Dormitory Authority, Refunding RB, Series E, 5.25%, 3/15/33

     4,500        5,322,015  
    

 

 

  
         33,029,897  

State — 7.4%

     

City of New York New York Transitional Finance Authority, RB, Future Tax Secured, Sub-Series D-1,
5.00%, 11/01/38

     4,125        4,620,949  

Sales Tax Asset Receivable Corp., Refunding RB, Fiscal 2015, Series A:

     

5.00%, 10/15/31

     7,995        9,407,716  

4.00%, 10/15/32

     8,000        8,664,960  

State of New York Dormitory Authority, ERB, Series B, 5.75%, 3/15/36

     7,850        8,524,394  

State of New York Dormitory Authority, RB, Series C:

     

General Purpose, 5.00%, 3/15/41

     1,650        1,821,023  
 

 

                
8    BLACKROCK MUNIYIELD NEW YORK QUALITY FUND, INC.    APRIL 30, 2017   

Schedule of Investments (continued)

   

BlackRock MuniYield New York Quality Fund, Inc. (MYN)

 

Municipal Bonds Transferred to

Tender Option Bond Trusts (c)

   

Par

(000)

     Value  

New York (continued)

                 

State (continued)

     

State of New York Dormitory Authority, RB, Series C (continued):

     

Mental Health Services Facilities, AMT (AGM), 5.40%, 2/15/33

    $ 6,297     $ 6,613,496  

State of New York Urban Development Corp., Refunding RB, State Personal Income Tax, Series A,
5.00%, 3/15/45

      1,001       1,137,550  
    

 

 

  
        40,790,088  

Transportation — 9.4%

     

Port Authority of New York & New Jersey, ARB, Consolidated, 169th Series, AMT:

     

5.00%, 10/15/25

      7,990       8,998,173  

5.00%, 10/15/26

      6,000       6,720,540  

Port Authority of New York & New Jersey, Refunding ARB, 194th Series, 5.25%, 10/15/55

      3,900       4,460,313  

State of New York Thruway Authority, Refunding RB:

     

General, Series H (AGM), 5.00%, 1/01/37

      10,000       10,253,200  

Transportation, Personal Income Tax, Series A, 5.00%, 3/15/31

      3,940       4,485,926  

Triborough Bridge & Tunnel Authority, Refunding RB, Series A, 5.00%, 11/15/46

      15,000       17,156,850  
    

 

 

  
        52,075,002  

Utilities — 6.9%

     

City of New York New York Municipal Water Finance Authority, RB, Water & Sewer System, Fiscal 2009, Series A:

     

5.75%, 6/15/18 (b)

      942       993,302  

5.75%, 6/15/40

      3,151       3,322,044  

City of New York New York Municipal Water Finance Authority, Refunding RB, Water & Sewer System, 2nd General Resolution:

     

Fiscal 2011, Series HH, 5.00%, 6/15/32

      9,900       11,142,450  

Municipal Bonds Transferred to

Tender Option Bond Trusts (c)

   

Par

(000)

     Value  

New York (continued)

                 

Utilities (continued)

     

City of New York New York Municipal Water Finance Authority, Refunding RB, Water & Sewer System, 2nd General Resolution (continued):

     

Fiscal 2012, Series BB, 5.00%, 6/15/44

    $ 3,991     $ 4,449,649  

Series FF-2, 5.50%, 6/15/40

      2,760       3,005,944  

New York State Environmental Facilities Corp., RB, Subordinated SRF Bonds,
4.00%, 6/15/46

      1,488       1,557,069  

Utility Debt Securitization Authority, Refunding RB:

     

5.00%, 12/15/41

      5,998       6,849,990  

Restructuring, 5.00%, 12/15/36

      3,498       4,052,864  

Restructuring, Series B,
4.00%, 12/15/35

      2,980       3,181,984  
    

 

 

  
        38,555,296  

Total Municipal Bonds Transferred to

Tender Option Bond Trusts — 41.0%

 

 

     227,071,415  

Total Long-Term Investments

(Cost — $855,827,305) — 163.2%

 

 

     903,410,326  
    
   
Short-Term Securities    Shares         

BlackRock Liquidity Funds, MuniCash, Institutional Class, 0.70% (e)(f)

      5,105,642       5,106,663  

Total Short-Term Securities

(Cost — $5,106,495) — 0.9%

 

 

     5,106,663  

Total Investments

(Cost — $860,933,800*) — 164.1%

 

 

     908,516,989  

Other Assets Less Liabilities — 2.0%

 

     11,092,214  

Liability for TOB Trust Certificates, Including Interest
Expense and Fees Payable — (21.4)%

 

     (118,615,105 ) 

VRDP Shares at Liquidation Value, Net of Deferred
Offering Cost — (44.7)%

 

     (247,334,422 ) 
    

 

 

  

Net Assets Applicable to Common Shares — 100.0%

 

   $ 553,659,676  
    

 

 

  
 

 

                
   BLACKROCK MUNIYIELD NEW YORK QUALITY FUND, INC.    APRIL 30, 2017    9

Schedule of Investments (continued)

   

BlackRock MuniYield New York Quality Fund, Inc. (MYN)

(Percentages shown are based on Net Assets)

 

 

*   As of April 30, 2017, gross unrealized appreciation and depreciation based on cost for U.S. federal income tax purposes were as follows:

 

Tax cost

    $ 742,890,493  
  

 

 

  

Gross unrealized appreciation

    $ 50,690,162  

Gross unrealized depreciation

      (3,437,746 ) 
  

 

 

  

Net unrealized appreciation

    $ 47,252,416  
  

 

 

  
 

 

Notes to Schedule of Investments

 

(a)   Zero-coupon bond.

 

(b)   U.S. Government securities, held in escrow, are used to pay interest on this security, as well as to retire the bond in full at the date indicated, typically at a premium to par.

 

(c)   Represent bonds transferred to a TOB Trust in exchange of cash and residual certificates received by the Fund. These bonds serve as collateral in a secured borrowing.

 

(d)   All or a portion of security is subject to a recourse agreement. The aggregate maximum potential amount the Fund could ultimately be required to pay under the agreements, which expire between September 6, 2018 to February 15, 2019, is $19,265,000.

 

(e)   During the period ended April 30, 2017, investments in issuers considered to be an affiliate of the Fund for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

 

Affiliate  

Shares

Held at

July 31, 2016

       

Net

Activity

       

Shares

Held at

April 30, 2017

       

Value at

April 30, 2017

        Income       

Net

Realized

Gain1

       

Change in
Unrealized

Appreciation

  

BlackRock Liquidity Funds, MuniCash, Institutional Class

     1,544,681          3,560,961          5,105,642        $ 5,106,663        $ 10,157        $ 1,153        $ 168  

 

1   

Includes net capital gain distributions.

 

(f)   Current yield as of period end.

For Fund compliance purposes, the Fund’s sector classifications refer to one or more of the sector sub-classifications used by one or more widely recognized market indexes or rating group indexes, and/or as defined by the investment adviser. These definitions may not apply for purposes of this report, which may combine such sector sub-classifications for reporting ease.

 

Derivative Financial Instruments Outstanding as of Period End

 

Futures Contracts

           

Contracts

Short

      Issue   Expiration     Notional
Value		     Unrealized
Depreciation		  
(89)      5-Year U.S. Treasury Note     June 2017     $ 10,538,156     $ (44,188 ) 
(262)      10-Year U.S. Treasury Note     June 2017     $ 32,938,313       (268,733 ) 
(168)      Long U.S. Treasury Bond     June 2017     $ 25,698,750       (320,606 ) 
(41)      Ultra U.S. Treasury Bond     June 2017     $ 6,680,437       (87,420 ) 
Total            $ (720,947 ) 
          

 

 

  

 

                
10    BLACKROCK MUNIYIELD NEW YORK QUALITY FUND, INC.    APRIL 30, 2017   

Schedule of Investments (continued)

   

BlackRock MuniYield New York Quality Fund, Inc. (MYN)

 

Portfolio Abbreviations

 

AGC    Assured Guarantee Corp.
AGM    Assured Guaranty Municipal Corp.
AMBAC    American Municipal Bond Assurance Corp.
AMT    Alternative Minimum Tax (subject to)
ARB    Airport Revenue Bonds
BARB    Building Aid Revenue Bonds
BHAC    Berkshire Hathaway Assurance Corp.
BOCES    Board of Cooperative Educational Services
CAB    Capital Appreciation Bonds
EDC    Economic Development Corp.
ERB    Education Revenue Bonds
FHA    Federal Housing Administration
GO    General Obligation Bonds
HFA    Housing Finance Agency
IDRB    Industrial Development Revenue Bonds
LRB    Lease Revenue Bonds
M/F    Multi-Family
NPFGC    National Public Finance Guarantee Corp.
PILOT    Payment in Lieu of Taxes
RB    Revenue Bonds
SONYMA    State of New York Mortgage Agency
SRF    State Revolving Fund

 

                
   BLACKROCK MUNIYIELD NEW YORK QUALITY FUND, INC.    APRIL 30, 2017    11

Schedule of Investments (continued)

   

BlackRock MuniYield New York Quality Fund, Inc. (MYN)

 

 

Fair Value Hierarchy as of Period End

Various inputs are used in determining the fair value of investments and derivative financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

 

  •  

Level 1 — unadjusted price quotations in active markets/exchanges for identical assets or liabilities that the Fund has the ability to access

 

  •  

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, 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 circumstances, to the extent observable inputs are not available (including the Fund’s own assumptions used in determining the fair value of investments and derivative financial instruments)

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the BlackRock Global Valuation Methodologies Committee (the “Global Valuation Committee”) in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. Level 3 investments may also be adjusted to reflect illiquidity and/or non-transferability, with the amount of such discount estimated by the Global Valuation Committee in the absence of market information.

Changes in valuation techniques may result in transfers into or out of an assigned level within the hierarchy. In accordance with the Fund’s policy, transfers between different levels of the fair value hierarchy are deemed to have occurred as of the beginning of the reporting period. The categorization of a value determined for investments and derivative financial instruments is based on the pricing transparency of the investments and derivative financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund’s policy regarding valuation of investments and derivative financial instruments, refer to the Fund’s most recent financial statements as contained in its annual report.

The following tables summarize the Fund’s investments and derivative financial instruments categorized in the disclosure hierarchy:

 

     Level 1     Level 2     Level 3     Total  

Assets:

 

Investments:

        

Long-Term Investments 1

     —     $ 903,410,326       —     $ 903,410,326  

Short-Term Securities

   $ 5,106,663       —       —       5,106,663  
 

 

 

  

Total

   $ 5,106,663     $ 903,410,326       —     $ 908,516,989  
 

 

 

  
                                 

Derivative Financial Instruments 2

        

Liabilities:

        

Interest rate contracts

   $ (720,947 )      —       —     $ (720,947 ) 

1 See above Schedule of Investments for values in each sector.

2 Derivative financial instruments are futures contracts which are valued at the unrealized appreciation (depreciation) on the instrument.

 

 

                
12    BLACKROCK MUNIYIELD NEW YORK QUALITY FUND, INC.    APRIL 30, 2017   

Schedule of Investments (concluded)

   

BlackRock MuniYield New York Quality Fund, Inc. (MYN)

 

The Fund may hold assets and/or liabilities in which the fair value approximates the carrying amount for financial reporting purposes. As of period end, such assets and/or liabilities are categorized within the disclosure hierarchy as follows:

 

     Level 1     Level 2     Level 3     Total  

Liabilities:

 

TOB Trust Certificates

     —     $ (118,374,080 )      —     $ (118,374,080 ) 

VRDP Shares at Liquidation Value

     —       (247,700,000 )      —       (247,700,000 ) 
 

 

 

  

Total

     —     $ (366,074,080 )      —     $ (366,074,080 ) 
 

 

 

  

During the period ended April 30, 2017, there were no transfers between levels.

        

 

                
   BLACKROCK MUNIYIELD NEW YORK QUALITY FUND, INC.    APRIL 30, 2017    13

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 13a-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 MuniYield New York Quality Fund, Inc.
By:     /s/ John M. Perlowski                          
  John M. Perlowski
  Chief Executive Officer (principal executive officer) of
  BlackRock MuniYield New York Quality Fund, Inc.

Date: June 22, 2017

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/ John M. Perlowski                        
  John M. Perlowski
  Chief Executive Officer (principal executive officer) of
  BlackRock MuniYield New York Quality Fund, Inc.

Date: June 22, 2017

 

By:     /s/ Neal J. Andrews                        
  Neal J. Andrews
  Chief Financial Officer (principal financial officer) of
  BlackRock MuniYield New York Quality Fund, Inc.

Date: June 22, 2017