<DOCUMENT>
<TYPE>EX-99.77D POLICIES
<SEQUENCE>3
<FILENAME>nny77d0312.txt
<TEXT>
Form N-SAR, Sub-Item 77D

Policies with respect to security investments

Nuveen New York Municipal Value Fund, Inc.
811-05238


The annual meeting of shareholders was held in the offices of Nuveen
Investments on March 30, 2012; at this meeting the shareholders were
asked to vote on the election of Board Members, the elimination of
Fundamental Investment Policies and the approval of new Fundamental
Investment Policies. The meeting was subsequently adjourned to May 8,
2012 at which time the policy changes were approved by an affirmative
vote of the shareholders.


A description of the policy changes can be found in
the proxy statement.  Proxy materials are herein
incorporated by reference
to the SEC filing on March 1, 2012, under
Conformed Submission Type DEF 14A, accession
number 0001193125-12-092168.


</TEXT>
</DOCUMENT>
