Item 1. Schedule of Investments:
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Putnam New York Investment Grade Municipal Trust
QUARTERLY PORTFOLIO HOLDINGS
1-31-05
Putnam New York Investment Grade Municipal Trust
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The fund's portfolio
January 31, 2005 (Unaudited)
KEY TO ABBREVIATIONS
AMBAC -- AMBAC Indemnity Corporation
FGIC -- Financial Guaranty Insurance Company
FSA -- Financial Security Assurance
G.O. Bonds -- General Obligation Bonds
IFB -- Inverse Floating Rate Bonds
MBIA -- MBIA Insurance Company
U.S. Govt. Coll. -- U.S. Government Collateralized
Municipal bonds and notes (100%) (a)
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Principal amount Rating (RAT) Value
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New York (98.0%)
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$300,000 Albany Cnty., Indl. Dev. Agcy. Rev.
Bonds (Albany College of Pharmacy), Ser.
A, 5 3/8s, 12/1/24 BBB- $315,531
250,000 Albany, Indl. Dev. Agcy. Civic Fac. Rev.
Bonds (Charitable Leadership), Ser. A ,
6s, 7/1/19 Baa3 271,573
500,000 Chemung Cnty., Indl. Dev. Agcy. Civic
Fac. Rev. Bonds (Arnot Ogden Med. Ctr.),
5s, 11/1/34 A3 509,900
700,000 Dutchess Cnty., Indl. Dev. Agcy. Civic
Fac. Rev. Bonds (Bard College), 5 3/4s,
8/1/30 A3 757,953
250,000 Essex Cnty., Indl. Dev. Agcy. Rev.
Bonds (Intl. Paper Co.), Ser. A, 5 1/2s,
10/1/26 Baa2 254,830
500,000 Geneva, Indl. Dev. Agcy. Rev. Bonds
(Hobart & William Smith), Ser. A, 5
3/8s, 2/1/33 A 531,170
395,000 Hempstead, Indl. Dev. Agcy. Civic Fac.
Rev. Bonds (Hofstra U.), 5 1/4s, 7/1/16 A 426,734
Long Island, Pwr. Auth. NY Elec. Syst.
Rev. Bonds, Ser. A
750,000 5 1/4s, 12/1/26 A- 778,808
2,000,000 AMBAC, 5s, 9/1/29 Aaa 2,102,480
1,000,000 Madison Cnty., Indl. Dev. Agcy. Rev.
Bonds (Colgate U.), Ser. A, 5s, 7/1/23 Aa3 1,064,910
1,000,000 Metro. Trans. Auth. Rev. Bonds, Ser. A,
FSA, 5s, 11/15/30 Aaa 1,045,150
Metro. Trans. Auth. Svc. Contract Rev.
Bonds
500,000 (Trans. Fac.), Ser. O, U.S. Govt. Coll.,
5 3/4s, 7/1/13 AAA 571,015
1,000,000 Ser. A , MBIA, 5 1/2s, 1/1/20 Aaa 1,133,720
650,000 Niagara Cnty., Indl. Dev. Agcy. Rev.
Bonds, Ser. C, 5 5/8s, 11/15/24 Baa1 698,282
NY City, G.O. Bonds
185,000 Ser. I, U.S. Govt. Coll., 6 1/4s,
4/15/17 Aaa 202,340
65,000 Ser. D, U.S. Govt. Coll., 6s, 2/15/25 Aaa 65,739
1,000,000 Ser. B, 5 3/4s, 8/1/16 A2 1,129,620
700,000 Ser. B, 5 1/2s, 12/1/31 (Prerefunded) AAA 803,096
300,000 Ser. B, 5 1/2s, 12/1/31 A2 321,270
200,000 NY City, IFB, AMBAC, 10.07s, 9/1/11 Aaa 201,246
300,000 NY City, Hlth. & Hosp. Corp. Rev. Bonds
(Hlth. Syst.), Ser. A , 5 3/8s, 2/15/26 A3 312,732
750,000 NY City, Indl. Dev. Agcy. Rev. Bonds
(Brooklyn Navy Yard Cogen. Partners),
5.65s, 10/1/28 BBB- 739,350
NY City, Indl. Dev. Agcy. Civic Fac.
Rev. Bonds
600,000 (Staten Island U. Hosp.), Ser. A, 6
3/8s, 7/1/31 Ba3 592,038
250,000 (Brooklyn Polytech. U. Project J), 6
1/8s, 11/1/30 BB+ 244,745
250,000 (St. Francis College), 5s, 10/1/34 A- 257,910
700,000 NY City, Indl. Dev. Agcy. Special Arpt.
Fac. Rev. Bonds (Airis JFK I LLC), Ser.
A, 5 1/2s, 7/1/28 Baa3 706,468
NY City, Indl. Dev. Agcy. Special Fac.
Rev. Bonds
1,000,000 (Terminal One Group Assn.), 6s, 1/1/15 A3 1,012,830
100,000 (British Airways), 5 1/4s, 12/1/32 BB+ 80,741
500,000 NY City, Muni. Wtr. & Swr. Fin. Auth.
Rev. Bonds, Ser. G, FSA, 5s, 6/15/34 Aaa 517,880
300,000 NY Cntys., Tobacco Trust III Rev. Bonds,
6s, 6/1/43 Baa2 295,107
1,000,000 NY Cntys., Trust II Rev. Bonds (Tobacco
Settlement), 5 3/4s, 6/1/43 BBB 938,460
NY State Dorm. Auth. Rev. Bonds
875,000 (State U. Edl. Fac.), Ser. A, 7 1/2s,
5/15/13 AA- 1,116,036
250,000 (Mount Sinai Hlth.), Ser. A, 6 1/2s,
7/1/25 Ba1 264,133
70,000 (Mental Hlth. Svcs.), Ser. A, 5 3/4s,
2/15/27 AA- 74,612
450,000 (Winthrop-U. Hosp. Assn.), Ser. A, 5
1/2s, 7/1/32 Baa1 471,249
870,000 (Dept. of Hlth.), 5 1/2s, 7/1/25
(Prerefunded) AA- 926,524
630,000 (Dept. of Hlth.), 5 1/2s, 7/1/25 AA- 665,746
600,000 (North Shore Long Island Jewish Group),
5 3/8s, 5/1/23 A3 637,056
1,000,000 (City U. Syst. Construction), Ser. 1, 5
1/4s, 7/1/17 AA- 1,067,520
300,000 (NY Methodist Hosp.), 5 1/4s, 7/1/17 A3 327,192
1,000,000 (School Dist. Fin.), Ser. A, MBIA, 5
1/4s, 4/1/11 Aaa 1,119,700
250,000 (Lenox Hill Hosp. Oblig. Group), 5 1/4s,
7/1/08 Baa2 264,028
1,500,000 (NY U.), Ser. 2, AMBAC, 5s, 7/1/41 Aaa 1,549,740
500,000 (Rochester U.), Ser. A, 5s, 7/1/34 A1 519,765
1,000,000 (NYU), Ser. A, FGIC, 5s, 7/1/29 Aaa 1,056,050
1,000,000 Ser. A, FGIC-TCRS, 5s, 3/15/27 Aaa 1,053,090
1,000,000 (Dept. of Hlth.), Ser. 2, FGIC, 5s,
7/1/22 Aaa 1,080,190
1,875,000 NY State Dorm. Auth. Lease Rev. Bonds
(State U. Dorm. Facs.), Ser. A, MBIA,
5s, 7/1/24 Aaa 2,023,369
500,000 NY State Energy Research & Dev. Auth.
Fac. Mandatory Put Bonds, 4.7s, 10/1/12 A1 502,320
400,000 NY State Energy Research & Dev. Auth.
Gas Fac. Rev. Bonds (Brooklyn Union
Gas), 6.952s, 7/1/26 A+ 430,244
250,000 NY State Env. Fac. Corp. Rev. Bonds, 5s,
6/15/32 Aaa 262,355
155,000 NY State Env. Fac. Corp. Poll. Control
Rev. Bonds (State Wtr. Revolving Fund),
Ser. A, 7 1/2s, 6/15/12 Aaa 155,589
1,000,000 NY State Local Govt. Assistance Corp.
Rev. Bonds (Sub. Lien), Ser. A, FSA, 5s,
4/1/13 AA 1,116,170
750,000 NY State Pwr. Auth. Rev. Bonds, 5s,
11/15/20 Aa2 807,488
NY State Thruway Auth. Rev. Bonds, Ser.
A, MBIA
1,000,000 5 1/4s, 4/1/13 Aaa 1,129,310
1,000,000 5 1/4s, 4/1/12 Aaa 1,127,500
1,000,000 NY State Urban Dev. Corp. Rev. Bonds
(Personal Income Tax), Ser. C-1, 5s,
3/15/33 AA 1,120,150
1,000,000 Port Auth. NY & NJ Cons. Rev. Bonds,
Ser. 124, 5s, 8/1/31 AA- 1,018,250
3,000,000 Port. Auth. NY & NJ Special Obligation
Rev. Bonds (JFK Intl. Air Term. - 6),
MBIA, 5.9s, 12/1/17 Aaa 3,269,460
100,000 Saratoga Cnty., Indl. Dev. Agcy. Civic
Fac. Rev. Bonds (Saratoga Hosp.), Ser.
A, 5s, 12/1/13 BBB+ 106,757
500,000 Suffolk Cnty., Indl. Dev. Agcy. Civic
Fac. Rev. Bonds (Huntington Hosp.), Ser.
B, 5 7/8s, 11/1/32 Baa1 528,090
1,000,000 Tobacco Settlement Fin. Auth. Rev.
Bonds, Ser. A-1, 5 1/2s, 6/1/18 AA- 1,107,110
1,000,000 Triborough Bridge & Tunnel Auth. Rev.
Bonds, Ser. A, 5s, 1/1/32 Aa3 1,033,580
165,000 Westchester Cnty., Indl Dev. Agcy. Civic
Fac. Rev. Bonds (Guiding Eyes for The
Blind), 5 3/8s, 8/1/24 BBB 177,692
250,000 Yonkers, Indl. Dev. Agcy. Civic Fac.
Rev. Bonds (St. John's Riverside Hosp.),
Ser. A, 7 1/8s, 7/1/31 BB 260,243
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47,251,936
Puerto Rico (2.0%)
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750,000 Children's Trust Fund Tobacco Settlement
Rev. Bonds, 5 1/2s, 5/15/39 BBB 711,270
250,000 PR Indl. Tourist Edl. Med. & Env.
Control Fac. Rev. Bonds (Cogen.
Fac.-AES), 6 5/8s, 6/1/26 Baa3 273,763
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985,033
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Total Investments (cost $45,908,395) (b) $48,236,969
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NOTES
(a) Percentages indicated are based on portfolio market value.
(RAT) The Moody's or Standard & Poor's ratings indicated are believed to be
the most recent ratings available at January 31, 2005 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, 2005. Securities rated by Putnam are
indicated by "/P". Security ratings are defined in the Statement
of Additional Information.
(b) The aggregate identified cost on a tax basis is $45,918,822, resulting
in gross unrealized appreciation and depreciation of $2,462,867 and
$144,720 respectively, or net unrealized appreciation of $2,318,147.
The rates shown on Mandatory Put Bonds are the current interest rates
at January 31, 2005.
The dates shown on Mandatory Put Bonds are the next mandatory put dates.
The rates shown on IFB which are securities paying interest rates that
vary inversely to changes in the market interest rates, are the current
interest rates at January 31, 2005.
The fund had the following industry group concentrations greater than
10% at January 31, 2005 (as a percentage of portfolio market value):
Transportation 21.6%
Education 17.6
Utilities 13.6
Healthcare 11.7
The fund had the following insurance concentration greater than 10% at
January 31, 2005 (as a percentage of portfolio market value):
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:
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(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:
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A separate certification for each principal executive officer and
principal financial officer of the registrant as required by Rule 30a-2
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.
NAME OF REGISTRANT
By (Signature and Title): /s/ Michael T. Healy
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Michael T. Healy
Principal Accounting Officer
Date: March 28, 2005
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
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Charles E. Porter
Principal Executive Officer
Date: March 28, 2005
By (Signature and Title): /s/ Steven D. Krichmar
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Steven D. Krichmar
Principal Financial Officer
Date: March 28, 2005