Nuveen New York Investment Quality Municipal Fund, Inc. operates as a closed-end management investment company. It invests primarily in a diversified portfolio of municipal obligations issued by state and local government authorities within the state of New York or certain territories in the United States. The fund's portfolio comprises investments in education and civic organizations, healthcare, housing, long-term care, transportation, utilities, and water and sewer sectors. Nuveen Asset Management serves as the investment manager and advisor of the fund. Nuveen New York Investment Quality Municipal Fund was founded in 1990 and is based in Chicago, Illinois.