NEW YORK, Nov. 6, 2015 /PRNewswire/ -- AB Income Fund, Inc. (NYSE: ACG) (the "Fund") is rereleasing its monthly portfolio update as of September 30, 2015, previously released on October 26, 2015, to revise certain information relating to its leverage levels. The revised information may be found below under the heading "Percentage of Leverage".
AB Income Fund, Inc. |
|
Top 10 Fixed Income Holdings |
Portfolio % |
1) U.S. Treasury Bonds 6.375%, 8/15/27 |
21.17% |
2) U.S. Treasury Bonds 6.25%, 5/15/30 |
21.00% |
3) U.S. Treasury Notes 3.625%, 2/15/21 |
18.50% |
4) U.S. Treasury Bonds 6.50%, 11/15/26 |
14.83% |
5) U.S. Treasury Notes 2.125%, 8/31/20 |
8.77% |
6) U.S. Treasury Notes 3.125%, 5/15/21 |
5.82% |
7) U.S. Treasury Bonds 3.125%, 8/15/44 |
4.52% |
8) U.S. Treasury Bonds 8.75%, 8/15/20 |
3.01% |
9) Residual Funding Corp. Principal Strip Zero Coupon, 7/15/20 |
2.19% |
10) U.S. Treasury Bonds 8.00%, 11/15/21 |
2.09% |
Investment Type |
Portfolio % |
Global Governments |
106.76% |
Corporates - Non-Investment Grade |
|
Industrial |
|
Consumer Non-Cyclical |
2.03% |
Energy |
1.92% |
Communications - Media |
1.72% |
Communications - Telecommunications |
0.76% |
Basic |
0.74% |
Capital Goods |
0.65% |
Consumer Cyclical - Retailers |
0.63% |
Consumer Cyclical - Other |
0.45% |
Technology |
0.42% |
Consumer Cyclical - Automotive |
0.35% |
Transportation - Services |
0.34% |
Services |
0.21% |
Other Industrial |
0.19% |
Consumer Cyclical - Entertainment |
0.09% |
SUBTOTAL |
10.50% |
Credit Default Swaps |
2.00% |
SUBTOTAL |
2.00% |
Financial Institutions |
|
Banking |
1.29% |
Other Finance |
0.12% |
Finance |
0.09% |
REITS |
0.06% |
SUBTOTAL |
1.56% |
Utility |
|
Electric |
0.78% |
SUBTOTAL |
0.78% |
SUBTOTAL |
14.84% |
Collateralized Mortgage Obligations |
|
GSE Risk Share Floating Rate |
3.55% |
Non-Agency Fixed Rate |
1.70% |
Non-Agency Floating Rate |
0.65% |
Agency Fixed Rate |
0.15% |
SUBTOTAL |
6.05% |
Corporates - Investment Grade |
|
Industrial |
|
Communications - Telecommunications |
0.70% |
Basic |
0.63% |
Energy |
0.43% |
Consumer Non-Cyclical |
0.33% |
Capital Goods |
0.27% |
Consumer Cyclical - Retailers |
0.14% |
Transportation - Airlines |
0.08% |
SUBTOTAL |
2.58% |
Financial Institutions |
|
Insurance |
1.46% |
Banking |
0.53% |
SUBTOTAL |
1.99% |
Utility |
|
Electric |
0.21% |
SUBTOTAL |
0.21% |
Credit Default Swaps |
0.08% |
SUBTOTAL |
0.08% |
SUBTOTAL |
4.86% |
Agencies |
|
Agency Debentures |
4.03% |
SUBTOTAL |
4.03% |
Commercial Mortgage-Backed Securities |
|
Non-Agency Fixed Rate CMBS |
3.10% |
Non-Agency Floating Rate CMBS |
0.23% |
Credit Default Swaps |
0.22% |
SUBTOTAL |
3.55% |
Emerging Markets - Corporate Bonds |
|
Industrial |
|
Consumer Non-Cyclical |
0.47% |
Capital Goods |
0.37% |
Communications - Telecommunications |
0.21% |
Basic |
0.20% |
Transportation - Airlines |
0.14% |
Consumer Cyclical - Retailers |
0.13% |
SUBTOTAL |
1.52% |
SUBTOTAL |
1.52% |
Whole Loan Trusts |
|
Performing Asset |
1.39% |
SUBTOTAL |
1.39% |
Common Stocks |
1.23% |
Quasi-Sovereigns |
|
Quasi-Sovereign Bonds |
1.09% |
SUBTOTAL |
1.09% |
Local Governments - Municipal Bonds |
0.90% |
Emerging Markets - Sovereigns |
0.88% |
Preferred Stocks |
|
Financial Institutions |
0.51% |
Industrial |
0.20% |
SUBTOTAL |
0.71% |
Bank Loans |
|
Industrial |
|
Basic |
0.12% |
Consumer Non-Cyclical |
0.11% |
Energy |
0.10% |
Communications - Media |
0.08% |
Other Industrial |
0.05% |
Technology |
0.01% |
SUBTOTAL |
0.47% |
SUBTOTAL |
0.47% |
Governments - Sovereign Agencies |
0.45% |
Currency Instruments |
|
Forward Currency Exchange Contracts |
0.29% |
SUBTOTAL |
0.29% |
Investment Companies |
|
Funds and Investment Trusts |
0.16% |
SUBTOTAL |
0.16% |
Asset-Backed Securities |
|
Autos - Fixed Rate |
0.12% |
SUBTOTAL |
0.12% |
Put Options Written |
-0.01% |
Interest Rate Swaps - SIFMA |
-35.61% |
Interest Rate Futures |
-47.91% |
Reverse Repurchase Agreements |
-52.53% |
Net Cash Equivalents |
|
Investment Companies |
3.14% |
Cash |
1.56% |
Foreign Currency |
-0.01% |
SUBTOTAL |
4.69% |
Derivative Offsets |
|
Futures Offsets |
47.62% |
Swaps Offsets |
34.45% |
SUBTOTAL |
82.07% |
100.00% |
|
Country Breakdown |
Portfolio % |
United States |
91.13% |
Brazil |
2.11% |
Mexico |
1.04% |
Canada |
0.89% |
Bermuda |
0.77% |
France |
0.45% |
United Kingdom |
0.41% |
Luxembourg |
0.40% |
Switzerland |
0.30% |
Indonesia |
0.29% |
Germany |
0.26% |
India |
0.24% |
Spain |
0.22% |
El Salvador |
0.20% |
Barbados |
0.15% |
Jamaica |
0.14% |
Venezuela |
0.13% |
Dominican Republic |
0.11% |
Italy |
0.11% |
Netherlands |
0.10% |
Guatemala |
0.08% |
Ivory Coast |
0.08% |
Belgium |
0.07% |
Pakistan |
0.07% |
Zambia |
0.05% |
Sri Lanka |
0.05% |
South Africa |
0.04% |
Morocco |
0.04% |
Australia |
0.03% |
Sweden |
0.02% |
Peru |
0.01% |
Norway |
0.01% |
Total Investments |
100.00% |
Net Currency Exposure Breakdown |
Portfolio % |
United States Dollar |
101.37% |
Japanese Yen |
3.02% |
New Zealand Dollar |
0.05% |
Mexican Peso |
0.02% |
Indonesian Rupiah |
0.01% |
Malaysian Ringgit |
0.01% |
Australian Dollar |
0.01% |
Great British Pound |
-0.02% |
Norwegian Krone |
-0.03% |
Brazilian Real |
-0.09% |
Taiwan New Dollar |
-0.48% |
Euro |
-1.87% |
Singapore Dollar |
-2.00% |
Total Net Assets |
100.00% |
Credit Rating |
Portfolio % |
AAA |
58.11% |
A |
1.58% |
BBB |
10.22% |
BB |
7.02% |
B |
7.17% |
CCC |
2.92% |
CC |
0.33% |
D |
0.38% |
Not Rated |
5.14% |
Short Term Investments |
3.14% |
N/A |
3.99% |
100.00% |
|
Bonds By Maturity |
Portfolio % |
Less than 1 year |
-45.60% |
1 to 5 years |
28.52% |
5 to 10 years |
45.55% |
10 to 20 years |
61.93% |
20 to 30 years |
7.42% |
More than 30 years |
0.95% |
Other |
1.23% |
Total Net Assets |
100.00% |
Portfolio Statistics: |
|
Average Coupon: |
7.56% |
Average Bond Price : |
120.18 |
Percentage of Leverage: |
|
Bank Borrowing: |
0.00% |
Investment Operations: |
38.24%* |
Preferred Stock: |
0.00% |
Tender Option Bonds: |
0.00% |
Term Asset-Backed Loans Facility (TALF): |
0.00% |
Total Fund Leverage: |
38.24%* |
Average Maturity: |
14.46 Years |
Effective Duration: |
4.91 Years |
Total Net Assets: |
$1,769.06 Million |
Net Asset Value: |
$8.20 |
Number of Holdings: |
445 |
Portfolio Turnover: |
32% |
* Investment Operations may include the use of certain portfolio |
|
management techniques such as credit default swaps, dollar rolls, |
|
negative cash, reverse repurchase agreements and when-issued |
|
securities. |
|
The foregoing portfolio characteristics are as of the date indicated |
|
and can be expected to change. The Fund is a closed-end U.S.- |
|
registered management investment company advised by AllianceBernstein |
|
L. P. |
SOURCE AB Income Fund, Inc.
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