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 811-08217
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: Donald C. Burke, Chief Executive Officer,
BlackRock MuniHoldings New York Insured Fund, Inc., 800 Scudders Mill
Road, Plainsboro, NJ 08536. Mailing address: P.O. Box 9011, Princeton,
NJ 08543-9011
Registrant's telephone number, including area code: (800) 882-0052, Option 4
Date of fiscal year end: 08/31/2008
Date of reporting period: 09/01/2007 - 11/30/2007
Item 1 - Schedule of Investments
BlackRock MuniHoldings New York Insured Fund, Inc.
Schedule of Investments as of November 30, 2007 (Unaudited) (in Thousands)
Face
Amount Municipal Bonds Value
-----------------------------------------------------------------------------------------------------------------------------------
New York - 142.8% $ 1,500 Albany County, New York, Airport Authority, Airport Revenue Bonds, AMT,
5.375% due 12/15/2017 (g) $ 1,531
------------------------------------------------------------------------------------------------------------
1,500 Albany County, New York, Airport Authority, Airport Revenue Bonds, AMT,
5.50% due 12/15/2019 (g) 1,532
------------------------------------------------------------------------------------------------------------
5,200 Albany County, New York, Airport Authority, Airport Revenue Bonds, AMT,
6% due 12/15/2023 (g)(q) 5,312
------------------------------------------------------------------------------------------------------------
3,375 Albany, New York, IDA, Civic Facility Revenue Bonds (The University Heights
Association-Albany Law School), Series A, 6.75% due 12/01/2009 (j)(k) 3,636
------------------------------------------------------------------------------------------------------------
2,000 Buffalo, New York, GO, Series D, 6% due 12/01/2009 (g)(j) 2,126
------------------------------------------------------------------------------------------------------------
1,025 Erie County, New York, GO, Public Improvement, Series A, 5.75%
due 10/01/2013 (e) 1,078
------------------------------------------------------------------------------------------------------------
2,500 Erie County, New York, IDA, School Facility Revenue Bonds (City of Buffalo Project),
5.75% due 5/01/2019 (g) 2,712
------------------------------------------------------------------------------------------------------------
4,150 Erie County, New York, IDA, School Facility Revenue Bonds (City of Buffalo Project),
5.75% due 5/01/2024 (g) 4,347
------------------------------------------------------------------------------------------------------------
10,725 Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Series A, 4.50%
due 2/15/2047 (i) 10,266
------------------------------------------------------------------------------------------------------------
7,500 Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Series A, 5%
due 2/15/2047 (e) 7,688
------------------------------------------------------------------------------------------------------------
3,000 Long Island Power Authority, New York, Electric System Revenue Bonds, Series A,
5% due 9/01/2029 (a) 3,108
------------------------------------------------------------------------------------------------------------
4,850 Long Island Power Authority, New York, Electric System Revenue Bonds, Series A, 5%
due 9/01/2034 (a) 5,006
------------------------------------------------------------------------------------------------------------
3,500 Long Island Power Authority, New York, Electric System Revenue Refunding Bonds,
Series B, 5% due 12/01/2035 (g) 3,643
------------------------------------------------------------------------------------------------------------
2,250 Long Island Power Authority, New York, Electric System Revenue Refunding Bonds,
Series F, 4.25% due 5/01/2033 (i) 2,115
------------------------------------------------------------------------------------------------------------
3,750 Madison County, New York, IDA, Civic Facility Revenue Bonds (Colgate University Project),
Series A, 5% due 7/01/2035 (a) 3,896
------------------------------------------------------------------------------------------------------------
2,000 Metropolitan Transportation Authority, New York, Dedicated Tax Fund Revenue Bonds,
Series A, 5% due 11/15/2035 (i) 2,085
Portfolio Abbreviations
To simplify the listings of BlackRock MuniHoldings New York Insured Fund, Inc.'s
portfolio holdings in the Schedule of Investments, we have abbreviated the names
of many of the securities according to the list below.
AMT Alternative Minimum Tax (subject to)
COP Certificates of Participation
DRIVERS Derivative Inverse Tax-Exempt Receipts
GO General Obligation Bonds
HFA Housing Finance Agency
IDA Industrial Development Authority
IDR Industrial Development Revenue Bonds
M/F Multi-Family
PCR Pollution Control Revenue Bonds
PILOT Payment in Lieu of Taxes
VRDN Variable Rate Demand Notes
BlackRock MuniHoldings New York Insured Fund, Inc.
Schedule of Investments as of November 30, 2007 (Unaudited) (in Thousands)
Face
Amount Municipal Bonds Value
-----------------------------------------------------------------------------------------------------------------------------------
$ 7,300 Metropolitan Transportation Authority, New York, Dedicated Tax Fund, Revenue
Refunding Bonds, VRDN, Series B, 3.54% due 11/01/2022 (g)(l) $ 7,300
------------------------------------------------------------------------------------------------------------
6,750 Metropolitan Transportation Authority, New York, Revenue Refunding Bonds, Series A,
5% due 11/15/2030 (g) 6,941
------------------------------------------------------------------------------------------------------------
2,500 Metropolitan Transportation Authority, New York, Revenue Refunding Bonds,
Series A, 5.25% due 11/15/2031 (e) 2,630
------------------------------------------------------------------------------------------------------------
29,000 Metropolitan Transportation Authority, New York, Revenue Refunding Bonds, Series A,
5.75% due 11/15/2032 (g) 31,316
------------------------------------------------------------------------------------------------------------
1,500 Metropolitan Transportation Authority, New York, Revenue Refunding Bonds, Series B,
5% due 11/15/2028 (i) 1,555
------------------------------------------------------------------------------------------------------------
3,500 Metropolitan Transportation Authority, New York, Service Contract Revenue Refunding
Bonds, Series A, 5% due 7/01/2021 (e) 3,669
------------------------------------------------------------------------------------------------------------
2,000 Metropolitan Transportation Authority, New York, Service Contract Revenue Refunding
Bonds, Series A, 5% due 7/01/2025 (e) 2,076
------------------------------------------------------------------------------------------------------------
2,535 Metropolitan Transportation Authority, New York, Transit Facilities Revenue Bonds,
Series C, 4.75% due 7/01/2012 (g)(j) 2,697
------------------------------------------------------------------------------------------------------------
2,500 Metropolitan Transportation Authority, New York, Transportation Revenue Bonds,
Series A, 5% due 11/15/2032 (e) 2,572
------------------------------------------------------------------------------------------------------------
6,310 Metropolitan Transportation Authority, New York, Transportation Revenue Bonds,
Series A, 4.75% due 11/15/2037 (e) 6,360
------------------------------------------------------------------------------------------------------------
6,300 Metropolitan Transportation Authority, New York, Transportation Revenue Refunding
Bonds, Series F, 5.25% due 11/15/2012 (i)(j) 6,870
------------------------------------------------------------------------------------------------------------
4,210 Nassau Health Care Corporation, New York, Health System Revenue Bonds, 5.75%
due 8/01/2009 (g)(j) 4,464
------------------------------------------------------------------------------------------------------------
2,000 New York City, New York, City Health and Hospital Corporation, Health System Revenue
Refunding Bonds, Series A, 5.25% due 2/15/2017 (i) 2,063
------------------------------------------------------------------------------------------------------------
1,250 New York City, New York, City Housing Development Corporation, M/F Housing Revenue
Bonds, AMT, Series C, 5% due 11/01/2026 1,247
------------------------------------------------------------------------------------------------------------
2,000 New York City, New York, City Housing Development Corporation, M/F Housing Revenue
Bonds, AMT, Series C, 5.05% due 11/01/2036 2,012
------------------------------------------------------------------------------------------------------------
1,000 New York City, New York, City Housing Development Corporation, M/F Housing Revenue
Bonds, AMT, Series H-1, 4.70% due 11/01/2040 941
------------------------------------------------------------------------------------------------------------
2,340 New York City, New York, City Housing Development Corporation, M/F Housing Revenue
Bonds, AMT, Series H-2, 5.125% due 11/01/2034 2,331
------------------------------------------------------------------------------------------------------------
2,180 New York City, New York, City Housing Development Corporation, M/F Housing Revenue
Bonds, AMT, Series J-2-A, 4.85% due 11/01/2040 2,062
------------------------------------------------------------------------------------------------------------
BlackRock MuniHoldings New York Insured Fund, Inc.
Schedule of Investments as of November 30, 2007 (Unaudited) (in Thousands)
Face
Amount Municipal Bonds Value
-----------------------------------------------------------------------------------------------------------------------------------
$ 1,200 New York City, New York, City IDA, Civic Facility Revenue Refunding Bonds
(Nightingale-Bamford School), 5.25% due 1/15/2017 (a) $ 1,296
------------------------------------------------------------------------------------------------------------
10,740 New York City, New York, City IDA, IDR (Japan Airlines Company), AMT, 6%
due 11/01/2015 (g) 10,852
------------------------------------------------------------------------------------------------------------
4,000 New York City, New York, City IDA, PILOT Revenue Bonds (Queens Baseball Stadium
Project), 5% due 1/01/2031 (a) 4,154
------------------------------------------------------------------------------------------------------------
14,640 New York City, New York, City IDA, PILOT Revenue Bonds (Queens Baseball Stadium
Project), 5% due 1/01/2036 (a) 15,125
------------------------------------------------------------------------------------------------------------
4,500 New York City, New York, City IDA, PILOT Revenue Bonds (Queens Baseball Stadium
Project), 5% due 1/01/2039 (a) 4,646
------------------------------------------------------------------------------------------------------------
7,800 New York City, New York, City IDA, PILOT Revenue Bonds (Queens Baseball Stadium
Project), 5% due 1/01/2046 (a) 7,994
------------------------------------------------------------------------------------------------------------
4,750 New York City, New York, City IDA, PILOT Revenue Bonds (Yankee Stadium Project),
5% due 3/01/2036 (i) 4,916
------------------------------------------------------------------------------------------------------------
16,000 New York City, New York, City IDA, PILOT Revenue Bonds (Yankee Stadium Project),
5% due 3/01/2046 (e) 16,386
------------------------------------------------------------------------------------------------------------
7,965 New York City, New York, City IDA, Parking Facility Revenue Bonds (Royal Charter
Properties Inc.-The New York and Pennsylvania Hospital Leasehold Project),
5.75% due 12/15/2029 (g) 8,650
------------------------------------------------------------------------------------------------------------
1,500 New York City, New York, City IDA, Special Facility Revenue Refunding Bonds
(Terminal One Group Association Project), AMT, 5.50% due 1/01/2024 1,559
------------------------------------------------------------------------------------------------------------
6,720 New York City, New York, City Municipal Water Finance Authority, Water and Sewer
System Revenue Bonds, 5% due 6/15/2036 (i) 6,985
------------------------------------------------------------------------------------------------------------
1,000 New York City, New York, City Municipal Water Finance Authority, Water and Sewer
System Revenue Bonds, Series A, 4.25% due 6/15/2033 942
------------------------------------------------------------------------------------------------------------
3,200 New York City, New York, City Municipal Water Finance Authority, Water and Sewer
System Revenue Bonds, Series A, 4.25% due 6/15/2039 (g) 2,989
------------------------------------------------------------------------------------------------------------
1,250 New York City, New York, City Municipal Water Finance Authority, Water and Sewer
System, Revenue Refunding Bonds, Second General Resolution, Series DD, 5% due 6/15/2039 1,276
------------------------------------------------------------------------------------------------------------
1,250 New York City, New York, City Municipal Water Finance Authority, Water and Sewer
System, Revenue Refunding Bonds, Series A, 5.125% due 6/15/2034 (i) 1,305
------------------------------------------------------------------------------------------------------------
4,500 New York City, New York, City Municipal Water Finance Authority, Water and Sewer
System, Revenue Refunding Bonds, Series A, 5% due 6/15/2035 (a) 4,630
------------------------------------------------------------------------------------------------------------
1,250 New York City, New York, City Municipal Water Finance Authority, Water and Sewer
System, Revenue Refunding Bonds, Series C, 5% due 6/15/2035 (i) 1,291
------------------------------------------------------------------------------------------------------------
500 New York City, New York, City Municipal Water Finance Authority, Water and Sewer
System, Revenue Refunding Bonds, Series F, 5% due 6/15/2029 (g) 511
------------------------------------------------------------------------------------------------------------
BlackRock MuniHoldings New York Insured Fund, Inc.
Schedule of Investments as of November 30, 2007 (Unaudited) (in Thousands)
Face
Amount Municipal Bonds Value
-----------------------------------------------------------------------------------------------------------------------------------
$ 1,250 New York City, New York, City Transitional Finance Authority, Building Aid Revenue
Bonds, Series S-1, 5% due 7/15/2031 (e) $ 1,309
------------------------------------------------------------------------------------------------------------
4,830 New York City, New York, City Transitional Finance Authority, Building Aid Revenue
Bonds, Series S-2, 4.25% due 1/15/2034 (e) 4,569
------------------------------------------------------------------------------------------------------------
1,145 New York City, New York, City Transitional Finance Authority, Future Tax Secured Revenue
Bonds, Series B, 5.50% due 2/01/2012 (i) 1,227
------------------------------------------------------------------------------------------------------------
805 New York City, New York, City Transitional Finance Authority, Future Tax Secured Revenue
Bonds, Series B, 5.50% due 2/01/2013 (i) 863
------------------------------------------------------------------------------------------------------------
6,405 New York City, New York, City Transitional Finance Authority, Future Tax Secured Revenue
Bonds, Series B, 6.25% due 11/15/2018 (e) 6,926
------------------------------------------------------------------------------------------------------------
16,200 New York City, New York, City Transitional Finance Authority, Future Tax Secured Revenue
Bonds, Series C, 5% due 2/01/2033 (e) 16,728
------------------------------------------------------------------------------------------------------------
2,500 New York City, New York, City Transitional Finance Authority, Future Tax Secured Revenue
Bonds, Series E, 5.25% due 2/01/2022 (i) 2,652
------------------------------------------------------------------------------------------------------------
1,000 New York City, New York, City Transitional Finance Authority, Future Tax Secured,
Revenue Refunding Bonds, Series A, 5% due 11/15/2026 (e) 1,041
------------------------------------------------------------------------------------------------------------
880 New York City, New York, GO, Refunding, Series A, 6.375% due 5/15/2010 (e)(j) 954
------------------------------------------------------------------------------------------------------------
3,700 New York City, New York, GO, Refunding, Series A, 6.25% due 5/15/2026 (g) 3,975
------------------------------------------------------------------------------------------------------------
2,685 New York City, New York, GO, Series A, 5% due 8/01/2030 2,747
------------------------------------------------------------------------------------------------------------
2,220 New York City, New York, GO, Series B, 5.75% due 8/01/2010 (i)(j) 2,385
------------------------------------------------------------------------------------------------------------
2,280 New York City, New York, GO, Series B, 5.75% due 8/01/2013 (i) 2,439
------------------------------------------------------------------------------------------------------------
3,750 New York City, New York, GO, Series D, 5.25% due 10/15/2013 (j) 4,137
------------------------------------------------------------------------------------------------------------
2,050 New York City, New York, GO, Series D1, 5.125% due 12/01/2027 2,136
------------------------------------------------------------------------------------------------------------
1,250 New York City, New York, GO, Series D1, 5.125% due 12/01/2028 1,300
------------------------------------------------------------------------------------------------------------
8,000 New York City, New York, GO, Series J, 5% due 5/15/2023 8,267
------------------------------------------------------------------------------------------------------------
4,000 New York City, New York, GO, Series M, 5% due 4/01/2035 4,078
------------------------------------------------------------------------------------------------------------
1,150 New York City, New York, GO, Sub-Series C-1, 5.25% due 8/15/2026 1,201
------------------------------------------------------------------------------------------------------------
2,700 New York City, New York, IDA, Civic Facility Revenue Refunding Bonds (Polytechnic
University), 5.25% due 11/01/2037 (d) 2,451
------------------------------------------------------------------------------------------------------------
1,250 New York City, New York, Sales Tax Asset Receivable Corporation Revenue Bonds,
DRIVERS, Series 1438Z, 6.292% due 10/15/2012 (a)(m) 1,392
------------------------------------------------------------------------------------------------------------
14,175 New York City, New York, Sales Tax Asset Receivable Corporation Revenue Bonds,
Series A, 5% due 10/15/2032 (a) 14,759
------------------------------------------------------------------------------------------------------------
3,950 New York City, New York, Trust for Cultural Resources, Revenue Refunding Bonds
(American Museum of Natural History), Series A, 5% due 7/01/2036 (i) 4,075
------------------------------------------------------------------------------------------------------------
BlackRock MuniHoldings New York Insured Fund, Inc.
Schedule of Investments as of November 30, 2007 (Unaudited) (in Thousands)
Face
Amount Municipal Bonds Value
-----------------------------------------------------------------------------------------------------------------------------------
$ 3,000 New York Convention Center Development Corporation, New York, Revenue Bonds (Hotel
Unit Fee Secured), 5% due 11/15/2030 (a) $ 3,122
------------------------------------------------------------------------------------------------------------
1,000 New York State Dormitory Authority, Hospital Revenue Refunding Bonds (New York and
Presbyterian Hospital), 5.50% due 8/01/2011 (a)(f) 1,070
------------------------------------------------------------------------------------------------------------
2,000 New York State Dormitory Authority, Hospital Revenue Refunding Bonds (North General
Hospital), 5.75% due 2/15/2017 (n) 2,204
------------------------------------------------------------------------------------------------------------
1,535 New York State Dormitory Authority, Lease Revenue Bonds (Municipal Health Facilities
Improvement Program), Series 1, 5.50% due 1/15/2014 (g) 1,640
------------------------------------------------------------------------------------------------------------
645 New York State Dormitory Authority, Lease Revenue Bonds (Office Facilities Audit and
Control), 5.50% due 4/01/2023 (i) 666
------------------------------------------------------------------------------------------------------------
1,000 New York State Dormitory Authority, Lease Revenue Bonds (State University Dormitory
Facilities), 5% due 7/01/2037 (a) 1,043
------------------------------------------------------------------------------------------------------------
1,000 New York State Dormitory Authority, Non-State Supported Debt Revenue Bonds (Health
Quest Systems), Series B, 5.125% due 7/01/2037 (t) 1,030
------------------------------------------------------------------------------------------------------------
700 New York State Dormitory Authority, Non-State Supported Debt Revenue Bonds (School
District Financing Program), Series A, 5% due 10/01/2035 (g) 732
------------------------------------------------------------------------------------------------------------
2,100 New York State Dormitory Authority, Non-State Supported Debt, Revenue Refunding Bonds
(Mount Sinai School of Medicine of New York University), 5% due 7/01/2035 (i) 2,194
------------------------------------------------------------------------------------------------------------
1,340 New York State Dormitory Authority Revenue Bonds (853 Schools Program), Issue 2,
Series E, 5.75% due 7/01/2019 (a) 1,398
------------------------------------------------------------------------------------------------------------
1,200 New York State Dormitory Authority Revenue Bonds (Cooper Union of Advance Science),
6.25% due 7/01/2009 (i)(j) 1,267
------------------------------------------------------------------------------------------------------------
2,058 New York State Dormitory Authority Revenue Bonds (Gustavus Adolphus Child & Family
Services, Inc.), Series B, 5.50% due 7/01/2018 (a) 2,138
------------------------------------------------------------------------------------------------------------
6,750 New York State Dormitory Authority Revenue Bonds (Interfaith Medical Center),
Series D, 5.40% due 2/15/2008 (i)(j) 6,879
------------------------------------------------------------------------------------------------------------
1,585 New York State Dormitory Authority Revenue Bonds (Long Island University), Series B,
5.50% due 9/01/2020 (k) 1,650
------------------------------------------------------------------------------------------------------------
1,250 New York State Dormitory Authority Revenue Bonds (Long Island University), Series B,
5.25% due 9/01/2028 (k) 1,264
------------------------------------------------------------------------------------------------------------
1,180 New York State Dormitory Authority Revenue Bonds (New York State Rehabilitation
Association), Series A, 5.25% due 7/01/2019 (c) 1,257
------------------------------------------------------------------------------------------------------------
1,000 New York State Dormitory Authority Revenue Bonds (New York State Rehabilitation
Association), Series A, 5.125% due 7/01/2023 (c) 1,039
------------------------------------------------------------------------------------------------------------
5,345 New York State Dormitory Authority Revenue Bonds (Pace University), 6%
due 7/01/2010 (i)(j) 5,765
------------------------------------------------------------------------------------------------------------
2,150 New York State Dormitory Authority Revenue Bonds (Saint Barnabas Hospital),
5.45% due 8/01/2035 (a)(f) 2,172
------------------------------------------------------------------------------------------------------------
1,240 New York State Dormitory Authority Revenue Bonds (School Districts Financing
Program), Series D, 5% due 10/01/2030 (i) 1,283
------------------------------------------------------------------------------------------------------------
BlackRock MuniHoldings New York Insured Fund, Inc.
Schedule of Investments as of November 30, 2007 (Unaudited) (in Thousands)
Face
Amount Municipal Bonds Value
-----------------------------------------------------------------------------------------------------------------------------------
$ 6,900 New York State Dormitory Authority Revenue Bonds (School Districts Financing Program),
Series E, 5.75% due 10/01/2030 (i) $ 7,438
------------------------------------------------------------------------------------------------------------
1,405 New York State Dormitory Authority Revenue Bonds (Upstate Community Colleges),
Series A, 6% due 7/01/2010 (g)(j) 1,515
------------------------------------------------------------------------------------------------------------
1,865 New York State Dormitory Authority, Revenue Refunding Bonds (City University System),
Series 1, 5.25% due 7/01/2014 (e) 1,905
------------------------------------------------------------------------------------------------------------
3,400 New York State Dormitory Authority, Revenue Refunding Bonds (Saint Charles Hospital
and Rehabilitation Center), Series A, 5.625% due 7/01/2012 (i) 3,543
------------------------------------------------------------------------------------------------------------
1,370 New York State Dormitory Authority, Revenue Refunding Bonds (School District Financing
Program), Series I, 5.75% due 10/01/2018 (i) 1,496
------------------------------------------------------------------------------------------------------------
565 New York State Dormitory Authority, Revenue Refunding Bonds, Series B, 5.50%
due 8/15/2017 (i) 577
------------------------------------------------------------------------------------------------------------
1,550 New York State Dormitory Authority, Supported Debt Revenue Bonds (Mental Health
Facilities), Series B, 5.25% due 2/15/2014 (j) 1,708
------------------------------------------------------------------------------------------------------------
285 New York State Dormitory Authority, Supported Debt Revenue Bonds (Mental Health
Facilities), Series B, 5.25% due 2/15/2023 300
------------------------------------------------------------------------------------------------------------
1,060 New York State Dormitory Authority, Supported Debt Revenue Bonds (Mental Health
Facilities), Series D, 5.875% due 8/15/2010 (g)(j) 1,134
------------------------------------------------------------------------------------------------------------
7,000 New York State Dormitory Authority, Supported Debt Revenue Bonds (State University
Dormitory Facilities), Series A, 5% due 7/01/2031 (i) 7,313
------------------------------------------------------------------------------------------------------------
1,000 New York State Dormitory Authority, Supported Debt Revenue Refunding Bonds (Department
of Health), Series A, 5% due 7/01/2025 (c) 1,036
------------------------------------------------------------------------------------------------------------
18,090 New York State Energy Research and Development Authority, Gas Facilities Revenue
Refunding Bonds (Brooklyn Union Gas Company/Keyspan), AMT, Series A, 4.70%
due 2/01/2024 (e) 18,026
------------------------------------------------------------------------------------------------------------
6,000 New York State Energy Research and Development Authority, PCR, Refunding (Central
Hudson Gas and Electric), Series A, 5.45% due 8/01/2027 (a) 6,207
------------------------------------------------------------------------------------------------------------
6,000 New York State Environmental Facilities Corporation, Water Facilities Revenue Bonds
(Long Island Water Corp. Project), AMT, Series A, 4.90% due 10/01/2034 (i) 5,927
------------------------------------------------------------------------------------------------------------
4,400 New York State Environmental Facilities Corporation, Water Facilities Revenue
Refunding Bonds (Spring Valley Water Company), Series B, 6.15% due 8/01/2024 (a) 4,409
------------------------------------------------------------------------------------------------------------
BlackRock MuniHoldings New York Insured Fund, Inc.
Schedule of Investments as of November 30, 2007 (Unaudited) (in Thousands)
Face
Amount Municipal Bonds Value
-----------------------------------------------------------------------------------------------------------------------------------
$ 1,250 New York State, GO, Series A, 4.125% due 3/01/2037 (e) $ 1,136
------------------------------------------------------------------------------------------------------------
2,400 New York State, HFA, Housing Revenue Bonds (Tri-Senior Development Project), AMT,
Series A, 5.40% due 11/15/2042 (r) 2,402
------------------------------------------------------------------------------------------------------------
3,250 New York State, HFA, M/F Housing Revenue Bonds (Saint Philips Housing), AMT,
Series A, 4.65% due 11/15/2038 (r) 3,167
------------------------------------------------------------------------------------------------------------
750 New York State, HFA, State Personal Income Tax Revenue Bonds (Economic Development and
Housing), Series A, 5% due 9/15/2023 (i) 786
------------------------------------------------------------------------------------------------------------
6,800 New York State Medical Care Facilities Finance Agency, Revenue Bonds (Montefiore
Medical Center), Series A, 5.75% due 2/15/2025 (a)(f) 6,945
------------------------------------------------------------------------------------------------------------
1,655 New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, AMT, Series 130,
4.80% due 10/01/2037 1,551
------------------------------------------------------------------------------------------------------------
1,000 New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, AMT, Series 143,
4.90% due 10/01/2037 956
------------------------------------------------------------------------------------------------------------
1,000 New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, AMT, Series 145,
5.125% due 10/01/2037 987
------------------------------------------------------------------------------------------------------------
1,445 New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, AMT, Series 148,
5.20% due 10/01/2032 1,447
------------------------------------------------------------------------------------------------------------
2,140 New York State Mortgage Agency, Homeowner Mortgage Revenue Refunding Bonds, AMT,
Series 67, 5.70% due 10/01/2017 (i) 2,174
------------------------------------------------------------------------------------------------------------
1,500 New York State Mortgage Agency, Homeowner Mortgage Revenue Refunding Bonds, AMT,
Series 133, 4.95% due 10/01/2021 1,507
------------------------------------------------------------------------------------------------------------
2,100 New York State Mortgage Agency, Homeowner Mortgage Revenue Refunding Bonds,
Series 83, 5.55% due 10/01/2027 (i) 2,133
------------------------------------------------------------------------------------------------------------
1,090 New York State Mortgage Agency Revenue Refunding Bonds, AMT, Series 82, 5.65%
due 4/01/2030 (i) 1,137
------------------------------------------------------------------------------------------------------------
5,000 New York State Thruway Authority, General Revenue Bonds, Series F, 5%
due 1/01/2030 (a) 5,187
------------------------------------------------------------------------------------------------------------
2,000 New York State Thruway Authority, General Revenue Refunding Bonds, Series G, 4.75%
due 1/01/2029 (g) 2,033
------------------------------------------------------------------------------------------------------------
9,250 New York State Thruway Authority, General Revenue Refunding Bonds, Series G, 4.75%
due 1/01/2030 (g) 9,397
------------------------------------------------------------------------------------------------------------
8,000 New York State Thruway Authority, Highway and Bridge Trust Fund Revenue Bonds,
Series B-1, 5.75% due 4/01/2010 (e)(j) 8,533
------------------------------------------------------------------------------------------------------------
8,700 New York State Thruway Authority, Second General Highway and Bridge Trust Fund
Revenue Bonds, Series A, 5% due 4/01/2026 (a) 9,122
------------------------------------------------------------------------------------------------------------
3,000 New York State Urban Development Corporation, Personal Income Tax Revenue Bonds,
Series C-1, 5% due 3/15/2013 (i)(j) 3,247
------------------------------------------------------------------------------------------------------------
2,000 New York State Urban Development Corporation, Personal Income Tax Revenue Bonds
(State Facilities),Series A-1, 5% due 3/15/2029 (e) 2,071
------------------------------------------------------------------------------------------------------------
BlackRock MuniHoldings New York Insured Fund, Inc.
Schedule of Investments as of November 30, 2007 (Unaudited) (in Thousands)
Face
Amount Municipal Bonds Value
-----------------------------------------------------------------------------------------------------------------------------------
$ 1,000 Niagara Falls, New York, City School District, COP, Refunding (High School Facility),
5% due 6/15/2028 (g) $ 1,033
------------------------------------------------------------------------------------------------------------
1,800 Oneida-Herkimer, New York, Solid Waste Management Authority, Solid Waste Revenue
Refunding Bonds, 5.50% due 4/01/2013 (g) 1,960
------------------------------------------------------------------------------------------------------------
2,500 Port Authority of New York and New Jersey, Consolidated Revenue Bonds, AMT, 137th
Series, 5.125% due 7/15/2030 (g) 2,553
------------------------------------------------------------------------------------------------------------
1,000 Port Authority of New York and New Jersey, Consolidated Revenue Bonds, AMT, 141st
Series, 4.50% due 9/01/2035 (c) 923
------------------------------------------------------------------------------------------------------------
3,000 Port Authority of New York and New Jersey, Special Obligation Revenue Bonds
(JFK International Air Terminal LLC), AMT, Series 6, 6.25% due 12/01/2011 (i) 3,279
------------------------------------------------------------------------------------------------------------
7,830 Port Authority of New York and New Jersey, Special Obligation Revenue Bonds
(JFK International Air Terminal LLC), AMT, Series 6, 6.25% due 12/01/2015 (i) 8,993
------------------------------------------------------------------------------------------------------------
7,000 Port Authority of New York and New Jersey, Special Obligation Revenue Bonds
(JFK International Air Terminal LLC), AMT, Series 6, 5.90% due 12/01/2017 (i) 7,151
------------------------------------------------------------------------------------------------------------
2,500 Rensselaer, New York, City School District, COP, 5% due 6/01/2036 (n) 2,593
------------------------------------------------------------------------------------------------------------
1,250 Rochester, New York, Housing Authority, Mortgage Revenue Bonds (Andrews Terrace
Apartments Project), AMT, 4.70% due 12/20/2038 (s) 1,149
------------------------------------------------------------------------------------------------------------
5,000 Schenectady, New York, IDA, Civic Facility Revenue Bonds (Union College Project),
Series A, 5.45% due 12/01/2009 (a)(j) 5,311
------------------------------------------------------------------------------------------------------------
3,000 Schenectady, New York, IDA, Civic Facility Revenue Refunding Bonds (Union College
Project), Series A, 5.625% due 7/01/2011 (a)(j) 3,297
------------------------------------------------------------------------------------------------------------
1,000 Suffolk County, New York, IDA, Civic Facility Revenue Refunding Bonds (Dowling
College), Series A, 5% due 6/01/2036 (d) 878
------------------------------------------------------------------------------------------------------------
4,355 Suffolk County, New York, IDA, IDR (Keyspan-Port Jefferson), AMT, 5.25% due 6/01/2027 4,392
------------------------------------------------------------------------------------------------------------
4,660 Suffolk County, New York, IDA, Solid Waste Disposal Facility, Revenue Refunding Bonds
(Ogden Martin System Huntington Project), AMT, 6% due 10/01/2010 (a) 4,956
------------------------------------------------------------------------------------------------------------
5,000 Suffolk County, New York, IDA, Solid Waste Disposal Facility, Revenue Refunding Bonds
(Ogden Martin System Huntington Project), AMT, 6.15% due 10/01/2011 (a) 5,439
------------------------------------------------------------------------------------------------------------
3,530 Suffolk County, New York, IDA, Solid Waste Disposal Facility, Revenue Refunding Bonds
(Ogden Martin System Huntington Project), AMT, 6.25% due 10/01/2012 (a) 3,913
------------------------------------------------------------------------------------------------------------
1,300 Suffolk County, New York, Public Improvement, GO, Series B, 4.50% due 11/01/2024 (i) 1,324
------------------------------------------------------------------------------------------------------------
10,000 Syracuse, New York, IDA, PILOT Revenue Bonds (Carousel Center Project), AMT,
Series A, 5% due 1/01/2036 (n) 9,985
------------------------------------------------------------------------------------------------------------
BlackRock MuniHoldings New York Insured Fund, Inc.
Schedule of Investments as of November 30, 2007 (Unaudited) (in Thousands)
Face
Amount Municipal Bonds Value
-----------------------------------------------------------------------------------------------------------------------------------
$ 5,000 Tobacco Settlement Financing Corporation of New York Revenue Bonds, Series A-1, 5.25%
due 6/01/2020 (a) $ 5,329
------------------------------------------------------------------------------------------------------------
13,275 Tobacco Settlement Financing Corporation of New York Revenue Bonds, Series A-1, 5.25%
due 6/01/2021 (a) 14,128
------------------------------------------------------------------------------------------------------------
2,000 Tobacco Settlement Financing Corporation of New York Revenue Bonds, Series A-1, 5.25%
due 6/01/2022 (a) 2,125
------------------------------------------------------------------------------------------------------------
3,700 Tobacco Settlement Financing Corporation of New York Revenue Bonds, Series C-1, 5.50%
due 6/01/2021 3,949
------------------------------------------------------------------------------------------------------------
12,000 Triborough Bridge and Tunnel Authority, New York, Revenue Refunding Bonds, 5.25%
due 11/15/2023 (i) 12,763
------------------------------------------------------------------------------------------------------------
8,315 Triborough Bridge and Tunnel Authority, New York, Revenue Refunding Bonds, 5%
due 11/15/2032 (i) 8,580
------------------------------------------------------------------------------------------------------------
2,095 Triborough Bridge and Tunnel Authority, New York, Revenue Refunding Bonds,
Series A, 5% due 1/01/2012 (i)(j) 2,235
------------------------------------------------------------------------------------------------------------
1,500 Triborough Bridge and Tunnel Authority, New York, Revenue Refunding Bonds, Series B,
5% due 11/15/2032 (i) 1,548
------------------------------------------------------------------------------------------------------------
2,465 Triborough Bridge and Tunnel Authority, New York, Subordinate Revenue Bonds, 5%
due 11/15/2028 (a) 2,550
------------------------------------------------------------------------------------------------------------
6,000 Triborough Bridge and Tunnel Authority, New York, Subordinate Revenue Bonds,
Series A, 5.25% due 11/15/2030 (i) 6,297
------------------------------------------------------------------------------------------------------------
7,000 Westchester County, New York, IDA, Civic Facility Revenue Bonds (Purchase College
Foundation Housing Project), Series A, 5.75% due 12/01/2031 (a) 7,593
------------------------------------------------------------------------------------------------------------
1,795 Yonkers, New York, GO, Series A, 5.75% due 10/01/2010 (e) 1,935
-----------------------------------------------------------------------------------------------------------------------------------
Guam - 1.1% 3,700 A.B. Won Guam International Airport Authority, General Revenue Refunding Bonds, AMT,
Series C, 5.25% due 10/01/2021 (i) 3,811
------------------------------------------------------------------------------------------------------------
1,050 A.B. Won Guam International Airport Authority, General Revenue Refunding Bonds, AMT,
Series C, 5.25% due 10/01/2022 (i) 1,081
-----------------------------------------------------------------------------------------------------------------------------------
Puerto Rico - 12.9% 4,800 Puerto Rico Commonwealth Highway and Transportation Authority, Transportation
Revenue Bonds, 5.25% due 7/01/2017 (e) 5,228
------------------------------------------------------------------------------------------------------------
10,000 Puerto Rico Commonwealth Highway and Transportation Authority, Transportation Revenue
Refunding Bonds, Series D, 5.75% due 7/01/2012 (j) 11,048
------------------------------------------------------------------------------------------------------------
4,700 Puerto Rico Commonwealth Highway and Transportation Authority, Transportation Revenue
Refunding Bonds, Series N, 5.25% due 7/01/2039 (e) 4,978
------------------------------------------------------------------------------------------------------------
10,280 Puerto Rico Commonwealth Infrastructure Financing Authority, Special Tax and Capital
Appreciation Revenue Bonds, Series A, 4.62% due 7/01/2031 (b)(e) 3,125
------------------------------------------------------------------------------------------------------------
5,500 Puerto Rico Commonwealth Infrastructure Financing Authority, Special Tax and Capital
Appreciation Revenue Bonds, Series A, 4.66% due 7/01/2033 (b)(e) 1,516
------------------------------------------------------------------------------------------------------------
9,300 Puerto Rico Commonwealth Infrastructure Financing Authority, Special Tax and Capital
Appreciation Revenue Bonds, Series A, 4.66% due 7/01/2034 (a)(b) 2,457
------------------------------------------------------------------------------------------------------------
2,200 Puerto Rico Commonwealth Infrastructure Financing Authority, Special Tax and Capital
Appreciation Revenue Bonds, Series A, 4.67% due 7/01/2037 (a)(b) 497
------------------------------------------------------------------------------------------------------------
765 Puerto Rico Commonwealth, Public Improvement, GO, Refunding, Series B, 5.25%
due 7/01/2016 (j) 860
------------------------------------------------------------------------------------------------------------
580 Puerto Rico Commonwealth, Public Improvement, GO, Refunding, Series B, 5.25%
due 7/01/2032 587
------------------------------------------------------------------------------------------------------------
275 Puerto Rico Commonwealth, Public Improvement, GO, Series A, 5.25% due 7/01/2016 (j) 309
------------------------------------------------------------------------------------------------------------
225 Puerto Rico Commonwealth, Public Improvement, GO, Series A, 5.25% due 7/01/2030 228
------------------------------------------------------------------------------------------------------------
BlackRock MuniHoldings New York Insured Fund, Inc.
Schedule of Investments as of November 30, 2007 (Unaudited) (in Thousands)
Face
Amount Municipal Bonds Value
-----------------------------------------------------------------------------------------------------------------------------------
$ 3,270 Puerto Rico Convention Center District Authority, Hotel Occupancy Tax Revenue Bonds,
Series A, 5% due 7/01/2031 (a) $ 3,383
------------------------------------------------------------------------------------------------------------
4,750 Puerto Rico Electric Power Authority, Power Revenue Bonds, Series NN, 5.125%
due 7/01/2013 (j) 5,184
------------------------------------------------------------------------------------------------------------
4,850 Puerto Rico Electric Power Authority, Power Revenue Bonds, Series RR, 5%
due 7/01/2015 (c)(j) 5,344
------------------------------------------------------------------------------------------------------------
7,110 Puerto Rico Electric Power Authority, Power Revenue Bonds, Series RR, 5%
due 7/01/2015 (e)(j) 7,835
------------------------------------------------------------------------------------------------------------
4,950 Puerto Rico Electric Power Authority, Power Revenue Bonds, Series RR, 5%
due 7/01/2015 (j)(n) 5,455
-----------------------------------------------------------------------------------------------------------------------------------
Total Municipal Bonds (Cost - $688,984) - 156.8% 705,657
-----------------------------------------------------------------------------------------------------------------------------------
Municipal Bonds Held in Trust (p)
-----------------------------------------------------------------------------------------------------------------------------------
New York - 24.7% 18,000 Metropolitan Transportation Authority, New York, Revenue Refunding Bonds, Series A,
5.75% due 11/15/2032 (g) 19,437
------------------------------------------------------------------------------------------------------------
23,000 New York City, New York, City Municipal Water Finance Authority, Water and Sewer
System Revenue Bonds, Series A, 5.75% due 6/15/2011 (i)(j) 24,901
------------------------------------------------------------------------------------------------------------
9,500 New York City, New York, GO, Series C, 5.75% due 3/15/2027 (g) 10,448
------------------------------------------------------------------------------------------------------------
7,000 New York City, New York, Sales Tax Asset Receivable Corporation Revenue Bonds,
Series A, 5% due 10/15/2032 (a) 7,398
------------------------------------------------------------------------------------------------------------
21,000 New York Convention Center Development Corporation, New York, Revenue Bonds (Hotel
Unit Fee Secured), 5% due 11/15/2035 (a) 21,766
------------------------------------------------------------------------------------------------------------
26,730 Port Authority of New York and New Jersey, Special Obligation Revenue Bonds
(JFK International Air Terminal), AMT, Series 6, 5.75% due 12/01/2022 (i) 27,300
-----------------------------------------------------------------------------------------------------------------------------------
Puerto Rico - 0.6% 2,500 Puerto Rico Commonwealth Highway and Transportation Authority, Transportation Revenue
Bonds, Series B, 5.875% due 7/01/2035 (i) 2,688
-----------------------------------------------------------------------------------------------------------------------------------
Total Municipal Bonds Held in Trust (Cost - $112,026) - 25.3% 113,938
-----------------------------------------------------------------------------------------------------------------------------------
Shares
Held Short-Term Securities Value
-----------------------------------------------------------------------------------------------------------------------------------
213 CMA New York Municipal Money Fund, 3.07% (h)(o) 213
-----------------------------------------------------------------------------------------------------------------------------------
Total Short-Term Securities (Cost - $213) - 0.0% 213
-----------------------------------------------------------------------------------------------------------------------------------
Total Investments (Cost - $801,223*) - 182.1% 819,808
Other Assets Less Liabilities - 1.1% 4,855
Liability for Trust Certificates, Including Interest Expense Payable - (13.6%) (61,354)
Preferred Stock, at Redemption Value - (69.6%) (313,222)
---------
Net Assets Applicable to Common Stock - 100.0% $ 450,087
=========
BlackRock MuniHoldings New York Insured Fund, Inc.
Schedule of Investments as of November 30, 2007 (Unaudited) (in Thousands)
* The cost and unrealized appreciation (depreciation) of investments as of
November 30, 2007, as computed for federal income tax purposes, were as
follows:
Aggregate cost $ 741,551
=========
Gross unrealized appreciation $ 21,523
Gross unrealized depreciation (4,089)
---------
Net unrealized appreciation $ 17,434
=========
(a) AMBAC Insured.
(b) Represents a zero coupon bond; the interest rate shown reflects the
effective yield at the time of purchase.
(c) CIFG Insured.
(d) ACA Insured.
(e) FGIC Insured.
(f) FHA Insured.
(g) FSA Insured.
(h) 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:
--------------------------------------------------------------------------
Net Dividend
Affiliate Activity Income
--------------------------------------------------------------------------
CMA New York Municipal Money Fund (1,689) $16
--------------------------------------------------------------------------
(i) MBIA Insured.
(j) Prerefunded.
(k) Radian Insured.
(l) 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. The rate disclosed is that currently in effect. This rate
changes periodically based upon prevailing market rates.
(m) The rate disclosed is that currently in effect. This rate changes
periodically and inversely based upon prevailing market rates.
(n) XL Capital Insured.
(o) Represents the current yield as of November 30, 2007.
(p) Securities represent underlying bonds transferred to a separate
securitization trust established in a tender option bonds transaction in
which the Fund may have acquired the residual interest certificates. These
securities serve as collateral in a financing transaction.
(q) All or a portion of security held as collateral in connection with open
financial futures contracts.
(r) FNMA Collateralized.
(s) GNMA Collateralized.
(t) Assured Guaranty Insured.
o Financial futures contracts sold as of November 30, 2007 were as follows:
---------------------------------------------------------------------------------------
Number of Expiration Face Unrealized
Contracts Issue Date Value Depreciation
---------------------------------------------------------------------------------------
350 30-Year U.S. Treasury Bonds March 2008 $ 40,624 $ (392)
---------------------------------------------------------------------------------------
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 and 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/ Donald C. Burke
-------------------
Donald C. Burke,
Chief Executive Officer of
BlackRock MuniHoldings New York Insured Fund, Inc.
Date: January 16, 2008
Pursuant to the requirements of the Securities Exchange Act of 1934 and the
Investment Company Act of 1940, this report has been signed below by the
following persons on behalf of the registrant and in the capacities and on the
dates indicated.
By: /s/ Donald C. Burke
-------------------
Donald C. Burke,
Chief Executive Officer (principal executive officer) of
BlackRock MuniHoldings New York Insured Fund, Inc.
Date: January 16, 2008
By: /s/ Neal J. Andrews
-------------------
Neal J. Andrews,
Chief Financial Officer (principal financial officer) of
BlackRock MuniHoldings New York Insured Fund, Inc.
Date: January 16, 2008