|
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- 07274 )
Exact name of registrant as specified in charter: Putnam New York Investment Grade Municipal Trust
Address of principal executive offices: One Post Office Square, Boston, Massachusetts 02109
| Name and address of agent for service: | Beth S. Mazor, Vice President | |
| One Post Office Square | ||
| Boston, Massachusetts 02109 | ||
| Copy to: | John W. Gerstmayr, Esq. | |
| Ropes & Gray LLP | ||
| One International Place | ||
| Boston, Massachusetts 02110 | ||
| Registrant’s telephone number, including area code: | (617) 292-1000 | |
Date of fiscal year end: April 30, 2006
Date of reporting period: January 31, 2006
Item 1. Schedule of Investments:
| Putnam New York Investment Grade | |||
| Municipal Trust | |||
|
| |||
| The fund's portfolio | |||
| 1/31/06 (Unaudited) | |||
| Key to abbreviations | |||
| AMBAC -- AMBAC Indemnity Corporation | |||
| FGIC -- Financial Guaranty Insurance Company | |||
| FSA -- Financial Security Assurance | |||
| G.O. Bonds -- General Obligation Bonds | |||
| MBIA -- MBIA Insurance Company | |||
| U.S. Govt. Coll. -- U.S. Government Collateralized | |||
|
| |||
| MUNICIPAL BONDS AND NOTES (120.9%)(a) | |||
|
| |||
| Rating (RAT) | Principal amount | Value | |
| New York (113.4%) | |||
| Albany Cnty., Indl. Dev. Agcy. Rev. Bonds (Albany College of Pharmacy), Ser. A, 5 3/8s, | |||
| 12/1/24 | BBB- | $300,000 | $313,590 |
| Albany, Indl. Dev. Agcy. Civic Fac. Rev. Bonds (Charitable Leadership), Ser. A , 6s, 7/1/19 | Baa3 | 250,000 | 268,650 |
| Chemung Cnty., Indl. Dev. Agcy. Civic Fac. Rev. Bonds (Arnot Ogden Med. Ctr.), 5s, 11/1/34 | A3 | 500,000 | 504,755 |
| Dutchess Cnty., Indl. Dev. Agcy. Civic Fac. Rev. Bonds (Bard College), 5 3/4s, 8/1/30 | A3 | 700,000 | 753,396 |
| Essex Cnty., Indl. Dev. Agcy. Rev. Bonds (Intl. Paper Co.), Ser. A, 5 1/2s, 10/1/26 | BBB | 250,000 | 255,285 |
| Geneva, Indl. Dev. Agcy. Rev. Bonds (Hobart & William Smith), Ser. A, 5 3/8s, 2/1/33 | A | 500,000 | 529,075 |
| Hempstead, Indl. Dev. Agcy. Civic Fac. Rev. Bonds (Hofstra U.), 5 1/4s, 7/1/16 | A | 395,000 | 419,612 |
| Long Island, Pwr. Auth. NY Elec. Syst. Rev. Bonds, Ser. A | |||
| 5 1/4s, 12/1/26 | A3 | 750,000 | 784,088 |
| AMBAC, 5s, 9/1/29 | Aaa | 2,000,000 | 2,089,260 |
| Madison Cnty., Indl. Dev. Agcy. Rev. Bonds (Colgate U.), Ser. A, 5s, 7/1/23 | Aa3 | 1,000,000 | 1,053,720 |
| Metro. Trans. Auth. Rev. Bonds, Ser. A, FSA, 5s, 11/15/30 | Aaa | 1,000,000 | 1,035,390 |
| Metro. Trans. Auth. Svc. Contract Rev. Bonds | |||
| (Trans. Fac.), Ser. O, U.S. Govt. Coll., 5 3/4s, 7/1/13 | AAA | 500,000 | 546,550 |
| Ser. A , MBIA, 5 1/2s, 1/1/20 | Aaa | 1,000,000 | 1,095,290 |
| Monroe Cnty., Indl. Dev. Agcy. Civic Fac. Rev. Bonds (Highland Hosp. Rochester), 5s, 8/1/25 | Baa1 | 250,000 | 252,068 |
| Niagara Cnty., Indl. Dev. Agcy. Rev. Bonds, Ser. C, 5 5/8s, 11/15/24 | Baa3 | 450,000 | 473,103 |
| NY City, G.O. Bonds | |||
| Ser. I, U.S. Govt. Coll., 6 1/4s, 4/15/17 (Prerefunded) | Aaa | 185,000 | 193,429 |
| AMBAC, 6.05s, 9/1/11 | Aaa | 400,000 | 400,992 |
| Ser. B, 5 3/4s, 8/1/16 | A1 | 1,000,000 | 1,102,830 |
| Ser. B, 5 1/2s, 12/1/31 | A1 | 180,000 | 192,647 |
| Ser. B, U.S. Govt. Coll., 5 1/2s, 12/1/31 (Prerefunded) | AAA | 820,000 | 905,288 |
| Ser. G, 5 1/4s, 8/1/16 | A1 | 625,000 | 683,569 |
| Ser. M, 5s, 4/1/24 | A1 | 500,000 | 521,625 |
| NY City, Hlth. & Hosp. Corp. Rev. Bonds (Hlth. Syst.), Ser. A , 5 3/8s, 2/15/26 | A2 | 300,000 | 311,004 |
| NY City, Indl. Dev. Agcy. Rev. Bonds (Brooklyn Navy Yard Cogen. Partners), 5.65s, 10/1/28 | BBB- | 750,000 | 750,060 |
| NY City, Indl. Dev. Agcy. Civic Fac. Rev. Bonds | |||
| (Staten Island U. Hosp.), Ser. A, 6 3/8s, 7/1/31 | B2 | 350,000 | 357,438 |
| (Brooklyn Polytech. U. Project J), 6 1/8s, 11/1/30 | BB+ | 250,000 | 251,273 |
| (St. Francis College), 5s, 10/1/34 | A- | 250,000 | 252,435 |
| NY City, Indl. Dev. Agcy. Special Arpt. Fac. Rev. Bonds (Airis JFK I LLC), Ser. A, 5 1/2s, 7/1/28 | Baa3 | 700,000 | 699,965 |
| NY City, Indl. Dev. Agcy. Special Fac. Rev. Bonds | |||
| (Terminal One Group Assn.), 5 1/2s, 1/1/17 | A3 | 600,000 | 646,530 |
| (British Airways PLC), 5 1/4s, 12/1/32 | Ba2 | 100,000 | 87,764 |
| NY City, Muni. Wtr. & Swr. Fin. Auth. Rev. Bonds, Ser. G, FSA, 5s, 6/15/34 | Aaa | 500,000 | 514,900 |
| NY Cntys., Tobacco Trust II Rev. Bonds (Tobacco Settlement), 5 3/4s, 6/1/43 | BBB | 1,000,000 | 1,024,380 |
| NY Cntys., Tobacco Trust III Rev. Bonds (Tobacco Settlement), 6s, 6/1/43 | BBB | 300,000 | 314,631 |
| NY Cntys., Tobacco Trust IV Rev. Bonds, Ser. A, 5s, 6/1/38 | BBB | 1,000,000 | 968,780 |
| NY State Dorm. Auth. Rev. Bonds | |||
| (State U. Edl. Fac.), Ser. A, 7 1/2s, 5/15/13 | AA- | 875,000 | 1,067,386 |
| (Mount Sinai Hlth.), Ser. A, 6 1/2s, 7/1/25 | Ba1 | 250,000 | 265,455 |
| (Mental Hlth.), Ser. A, 5 3/4s, 2/15/27 (Prerefunded) | AA- | 45,000 | 47,042 |
| (Mental Hlth.), Ser. A, 5 3/4s, 2/15/27 | AA- | 25,000 | 26,051 |
| (Winthrop-U. Hosp. Assn.), Ser. A, 5 1/2s, 7/1/32 | Baa1 | 450,000 | 469,715 |
| (Dept. of Hlth.), 5 1/2s, 7/1/25 (Prerefunded) | AA- | 870,000 | 895,604 |
| (Dept. of Hlth.), 5 1/2s, 7/1/25 (Prerefunded) | AA- | 630,000 | 648,673 |
| (North Shore Long Island Jewish Group), 5 3/8s, 5/1/23 | A3 | 600,000 | 632,484 |
| (NY Methodist Hosp.), 5 1/4s, 7/1/17 | A3 | 300,000 | 319,272 |
| (School Dist. Fin.), Ser. A, MBIA, 5 1/4s, 4/1/11 | Aaa | 1,000,000 | 1,081,440 |
| (Lenox Hill Hosp. Oblig. Group), 5 1/4s, 7/1/08 | Ba2 | 250,000 | 252,918 |
| (Rochester U.), Ser. A, 5s, 7/1/34 | A1 | 500,000 | 515,560 |
| (NYU), Ser. A, FGIC, 5s, 7/1/29 | Aaa | 1,000,000 | 1,044,620 |
| Ser. A, FGIC, 5s, 3/15/27 (Prerefunded) | Aaa | 1,000,000 | 1,084,550 |
| (Dept. of Hlth.), Ser. 2, FGIC, 5s, 7/1/22 | Aaa | 1,000,000 | 1,053,260 |
| NY State Dorm. Auth. Lease Rev. Bonds (State U. Dorm. Facs.), Ser. A, MBIA, 5s, 7/1/24 | Aaa | 1,000,000 | 1,060,030 |
| NY State Energy Research & Dev. Auth. Fac. Mandatory Put Bonds, 4.7s, 10/1/12 | A1 | 500,000 | 501,325 |
| NY State Energy Research & Dev. Auth. Gas Fac. Rev. Bonds (Brooklyn Union Gas), 6.952s, | |||
| 7/1/26 | A+ | 400,000 | 413,328 |
| NY State Env. Fac. Corp. Rev. Bonds, 5s, 6/15/32 | Aaa | 250,000 | 259,818 |
| NY State Env. Fac. Corp. Poll. Control Rev. Bonds (State Wtr. Revolving Fund), Ser. A, 7 1/2s, | |||
| 6/15/12 | Aaa | 125,000 | 132,470 |
| NY State Hwy. Auth. Rev. Bonds (Hwy. & Bridge Trust Fund), Ser. B, FGIC, 5s, 4/1/17 | AAA | 250,000 | 270,690 |
| NY State Pwr. Auth. Rev. Bonds | |||
| 5s, 11/15/20 | Aa2 | 750,000 | 795,045 |
| Ser. A, 5s, 11/15/17 | Aaa | 500,000 | 543,925 |
| NY State Thruway Auth. Rev. Bonds, Ser. A, MBIA | |||
| 5 1/4s, 4/1/13 | Aaa | 1,000,000 | 1,097,340 |
| 5 1/4s, 4/1/12 | Aaa | 1,000,000 | 1,089,820 |
| NY State Urban Dev. Corp. Rev. Bonds (Personal Income Tax), Ser. C-1, 5s, 3/15/33 | |||
| (Prerefunded) | AAA | 1,000,000 | 1,084,550 |
| Port Auth. NY & NJ Cons. Rev. Bonds, Ser. 124, 5s, 8/1/31 | AA- | 1,000,000 | 1,015,670 |
| Sales Tax Asset Receivable Corp. Rev. Bonds, Ser. A, MBIA, 5s, 10/15/25 | Aaa | 1,425,000 | 1,508,348 |
| Saratoga Cnty., Indl. Dev. Agcy. Civic Fac. Rev. Bonds (Saratoga Hosp.), Ser. A, 5s, 12/1/13 | BBB+ | 100,000 | 104,402 |
| Suffolk Cnty., Indl. Dev. Agcy. Civic Fac. Rev. Bonds (Huntington Hosp.), Ser. B, 5 7/8s, | |||
| 11/1/32 | Baa1 | 500,000 | 525,035 |
| Tobacco Settlement Fin. Auth. Rev. Bonds, Ser. A-1, 5 1/2s, 6/1/18 | AA- | 1,000,000 | 1,090,070 |
| Triborough Bridge & Tunnel Auth. Rev. Bonds, Ser. A | |||
| 5s, 1/1/32 (Prerefunded) | Aa2 | 845,000 | 909,321 |
| 5s, 1/1/32 | Aa2 | 155,000 | 160,360 |
| Westchester Cnty., Indl Dev. Agcy. Civic Fac. Rev. Bonds (Guiding Eyes for the Blind), 5 3/8s, | |||
| 8/1/24 | BBB | 165,000 | 172,889 |
| Westchester, Tobacco Asset Securitization Corp. Rev. Bonds, 5 1/8s, 6/1/38 | BBB | 500,000 | 494,125 |
| Yonkers, Indl. Dev. Agcy. Civic Fac. Rev. Bonds (St. John's Riverside Hosp.), Ser. A, 7 1/8s, | |||
| 7/1/31 | BB | 250,000 | 258,330 |
|
43,444,293 | |||
| Puerto Rico (7.5%) | |||
| Children's Trust Fund Tobacco Settlement Rev. Bonds, 5 1/2s, 5/15/39 | BBB | 750,000 | 767,918 |
| Cmnwlth. of PR, Hwy. & Trans. Auth. Rev. Bonds, Ser. K, 5s, 7/1/17 | BBB+ | 500,000 | 529,220 |
| PR Elec. Pwr. Auth. Rev. Bonds, Ser. LL, MBIA, 5 1/2s, 7/1/17 | Aaa | 750,000 | 857,415 |
| PR Indl. Tourist Edl. Med. & Env. Control Fac. Rev. Bonds (Cogen. Fac.-AES), 6 5/8s, 6/1/26 | Baa3 | 250,000 | 271,285 |
| PR Muni. Fin. Agcy. G.O. Bonds, Ser. C, 5s, 8/1/11 | Baa2 | 435,000 | 459,778 |
| 2,885,616 | |||
|
|
|||
| TOTAL INVESTMENTS | |||
| Total investments (cost $44,422,972) (b) | $46,329,909 | ||
NOTES
(a) Percentages indicated are based on net assets of $38,316,289.
(RAT) The Moody's or Standard & Poor's ratings indicated are believed to be the most recent ratings available at January 31, 2006 for the securities listed. Ratings are generally ascribed to securities at the time of issuance. While the agencies may from time to time revise such ratings, they undertake no obligation to do so, and the ratings do not necessarily represent what the agencies would ascribe to these securities at January 31, 2006. Securities rated by Putnam are indicated by "/P".
(b) The aggregate identified cost on a tax basis is $44,422,972, resulting in gross unrealized appreciation and depreciation of $1,960,682 and $53,745, respectively, or net unrealized appreciation of $1,906,937.
The rates shown on Mandatory Put Bonds are the current interest rates at January 31, 2006.
The dates shown on Mandatory Put Bonds are the next mandatory put dates.
The fund had the following industry group concentrations greater than 10% at January 31, 2006 (as a percentage of net assets):
Transportation 18.3%
Utilities 18.3
Education
16.2
Healthcare
14.3
The fund had the following insurance concentration greater than 10% at January 31, 2006 (as a percentage of net assets):
MBIA 20.3%
Security valuation Tax-exempt bonds and notes are valued at fair value on the basis of valuations provided by an independent pricing service, approved by the Trustees. Such services use information with respect to transactions in bonds, quotations from bond dealers, market transactions in comparable securities and various relationships between securities in determining value. Other investments are valued at fair value following procedures approved by the Trustees. Such valuations and procedures are reviewed periodically by the Trustees.
For additional information regarding the fund please see the fund's most recent annual or semiannual shareholder report filed on the Securities and Exchange Commission's Web site, www.sec.gov, or visit Putnam's Individual Investor Web site at www.putnaminvestments.com
| Item 2. Controls and
Procedures: |
(a) The registrant's principal executive officer and principal financial officer have concluded, based on their evaluation of the effectiveness of the design and operation of the registrant's disclosure controls and procedures as of a date within 90 days of the filing date of this report, that the design and operation of such procedures are generally effective to provide reasonable assurance that information required to be disclosed by the registrant in this report is recorded, processed, summarized and reported within the time periods specified in the Commission's rules and forms.
(b) Changes in internal control over financial reporting:
Not applicable
| Item 3. Exhibits: |
Separate certifications for the principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the Investment Company Act of 1940, as amended, are filed herewith.
| 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.
Putnam New York Investment Grade Municipal
By (Signature
and Title):
| /s/ Michael T. Healy Michael T. Healy Principal Accounting Officer Date: March 29, 2006 |
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/ Charles E. Porter Charles E. Porter Principal Executive Officer Date: March 29, 2006 By (Signature and Title): /s/ Steven D. Krichmar Steven D. Krichmar Principal Financial Officer Date: March 29, 2006 |