| UNITED STATES |
| SECURITIES AND EXCHANGE COMMISSION |
| Washington, D.C. 20549 |
| Amendment No. 1 |
| to |
| Form N-8F |
I. General Identifying Information
1. Reason fund is applying to deregister (check only one; for descriptions, see Instruction 1 above):
[ X ] Merger
[ ] Liquidation
[ ] Abandonment of Registration
(Note: Abandonment of Registration answer only questions 1 through 15, 24 and 25 of this and complete verification at the end of the form.)
[ ] Election of status as a Business Development Company
(Note: Business Development Companies answer only questions 1 through 10 of this form complete verification at the end of the form.)
2. Name of fund:
PUTNAM NEW YORK INVESTMENT GRADE MUNICIPAL TRUST (the “Fund”)
3. Securities and Exchange Commission File No. 033-53104
Investment Company Act Registration No. 811-07274
4. Is this an initial Form N-8F or an amendment to a previously filed Form N-8F?
| [ ] | Initial Application | [ X ] Amendment | ||
5. Address of Principal Executive Office (include No. & Street, City, State, Zip Code):
One Post Office Square
Boston, Massachusetts 02109
6. Name, address and telephone number of individual the Commission staff should contact with any questions regarding this form:
| John W. Gerstmayr, Esq. | Pelagia Ivanova, Esq. |
| Ropes & Gray | Ropes & Gray |
| One International Place | One International Place |
| Boston, MA 02110 | Boston, MA 02110 |
| (617) 951-7393; or, | (617) 951-7044 |
7. Name, address and telephone number of individual or entity responsible for maintenance and preservation of fund records in accordance with Rules 31a-1 and 31a-2 under the Act [17 CFR 270.31a -1, .31a-2]:
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NOTE: Once deregistered, a fund is still required to maintain and preserve the records described in rules 31a-1 and 31a-2 for the periods specified in those rules.
| Putnam Investment Management, LLC | State Street Bank and Trust Company |
| One Post Office Square | 2 Avenue de Lafayette |
| Boston, Massachusetts 02109 | Boston, MA 02111 |
| (617) 292-1000 | (617) 786-3000 |
8. Classification of fund (check only one):
| [ X ] | Management company; | |
| [ ] | Unit investment trust; or | |
| [ ] | Face-amount certificate company. | |
9. Subclassification if the fund is a management company (check only one):
| [ ] | Open-end | [ X ] Closed-end | ||
10. State law under which the fund was organized or formed (e.g., Delaware, Massachusetts):
Massachusetts
11. Provide the name and address of each investment adviser of the fund (including sub-advisers) during the last five years, even if the fund's contracts with those advisers have been terminated.
Putnam Investment Management, LLC
One Post Office Square
Boston, Massachusetts 02109
12. Provide the name and address of each principal underwriter of the fund during the last five years, even if the fund's contracts with those underwriters have been terminated:
N/A
13. If the fund is a unit investment trust ("UIT") provide:
| (a) Depositor's name(s) and address(es): Not applicable | |
| (b) Trustee's name(s) and address(es): Not applicable | |
14. Is there a UIT registered under the Act that served as a vehicle for investment in the fund (e.g., an insurance company separate account)?
| [ ] Yes | [ X ] No | |
If Yes, for each UIT state:
Name(s):
File No.:
Business Address:
15. (a) Did the fund obtain approval from the board of directors concerning the decision to engage in a Merger, Liquidation or Abandonment of Registration?
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| [ X ] Yes | [ ] No | |
If Yes, state the date on which the board vote took place:
April 13, 2007
If No, explain:
(b) Did the fund obtain approval from the shareholders concerning the decision to engage in Liquidation or Abandonment of Registration?
| [ X ] Yes | [ ] No | |
If Yes, state the date on which the shareholder vote took place:
June 22, 2007
If No, explain:
II. Distributions to Shareholders
16. Has the fund distributed any assets to its shareholders in connection with the Merger or Liquidation?
| [ X ] Yes | [ ] No | |||
(a) If Yes, list the date(s) on which the fund made those distributions:
June 25, 2007
(b) Were the distributions made on the basis of net assets?
| [ X ] Yes | [ ] No | |||
(c) Were the distributions made pro rata based on share ownership?
| [ X ] Yes | [ ] No | |||
(d) If No to (b) or (c) above, describe the method of distributions to shareholders. For Mergers, provide the exchange ratio(s) used and explain how it was calculated:
(e) Liquidations only:
Were any distributions to shareholders made in kind?
| [ ] Yes | [ ] No | ||||
If Yes, indicate the percentage of fund shares owned by affiliates, or any other affiliation of shareholders:
17. Closed-end funds only:
Has the fund issued senior securities?
| [ X ] Yes | [ ] No | |||
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If Yes, describe the method of calculating payments to senior security holders and distributions to other shareholders:
The Fund issued and redeemed Municipal Income Preferred Shares, Series Th as described in the Rule 23c-2 Notice of Intention to Redeem Securities filed with the Securities and Exchange Commission on April 23, 2007. All Municipal Income Preferred Shares, Series Th were redeemed on May 25, 2007.
18. Has the fund distributed all of its assets to the fund's shareholders?
| [ X ] Yes | [ ] No | ||
If No,
(a) How many shareholders does the fund have as of the date this form is filed? [ ]
(b) Describe the relationship of each remaining shareholder to the fund: [ ]
19. Are there any shareholders who have not yet received distributions in complete liquidation of their interests?
| [ ] Yes | [ X ] No | |||
If Yes, describe briefly the plans (if any) for distributing to, or preserving the interests of, those shareholders:
III. Assets and Liabilities
20. Does the fund have any assets as of the date this form is filed?
(See question 18 above)
| [ ] Yes | [ X ] No | |||
If Yes,
(a) Describe the type and amount of each asset retained by the fund as of the date this form is filed:
(b) Why has the fund retained the remaining assets?
(c) Will the remaining assets be invested in securities?
| [ ] Yes | [ ] No | ||||
21. Does the fund have any outstanding debts (other than face-amount certificates if the fund is a face-amount certificate company) or any other liabilities?
| [ ] Yes | [ X ] No | |||
If Yes,
(a) Describe the type and amount of each debt or other liability:
(b) How does the fund intend to pay these outstanding debts or other liabilities?
IV. Information About Event(s) Leading to Request For Deregistration
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22. (a) List the expenses incurred in connection with the Merger or Liquidation:
(i) Legal expenses: Approximately $200,000
(ii) Accounting expenses: Approximately $47,600
(iii) Other expenses (list and identify separately):
Printing: Approximately $13,079
Postage: Approximately $2,436
Solicitation and Service Fees: Approximately $13,691
(iv) Total expenses (sum of lines (i)-(iii) above): Approximately $276,806
(b) How were those expenses allocated?
To the Fund.
(c) Who paid those expenses?
The Fund.
(d) How did the fund pay for unamortized expenses (if any)? [N/A]
23. Has the fund previously filed an application for an order of the Commission regarding the Merger or Liquidation?
| [ ] Yes | [ X ] No | |||
If Yes, cite the release numbers of the Commission's notice and order or, if no notice or order has been issued, the file number and date the application was filed:
V. Conclusion of Fund Business
24. Is the fund a party to any litigation or administrative proceeding?
| [ ] Yes | [ X ] No | ||
If Yes, describe the nature of any litigation or proceeding and the position taken by the fund in that litigation:
25. Is the fund now engaged, or intending to engage, in any business activities other than those necessary for winding up its affairs?
| [ ] Yes | [ X ] No | |||
If Yes, describe the nature and extent of those activities:
VI. Mergers Only
26. (a) State the name of the fund surviving the Merger:
Putnam New York Tax Exempt Income Trust
(b) State the Investment Company Act file number of the fund surviving the Merger:
Investment Company Act Registration No. 811-03741
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(c) If the merger or reorganization agreement has been filed with the Commission, state the file number(s), form type used and date the agreement was filed:
Registration No. 2-83909; Registration Statement on Form N-14 filed on April 23, 2007.
(d) If the merger or reorganization agreement has not been filed with the Commission, provide a copy of the agreement as an exhibit to this form.
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VERIFICATION
The undersigned states that (i) he has executed this Form N-8F application for an order under section 8(f) of the Investment Company Act of 1940 on behalf of Putnam New York Investment Grade Municipal Trust, (ii) he is Executive Vice President, Principal Executive Officer, Associate Treasurer and Compliance Liaison of Putnam New York Investment Grade Municipal Trust, and (iii) all actions by shareholders, directors, and any other body necessary to authorize the undersigned to execute and file this Form N-8F application have been taken. The undersigned also states that the facts set forth in this Form N-8F application are true to the best of his knowledge, information and belief.
| /s/ Charles E. Porter | |
|
| |
| Charles E. Porter | |
| Executive Vice President, Principal Executive Officer, | |
| Associate Treasurer and Compliance Liaison |
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