NEW YORK, April 25, 2016 /PRNewswire/ -- AB Income Fund, Inc. (NYSE: ACG) (the "Fund") today released its monthly portfolio update as of March 31, 2016.
AB Income Fund, Inc. |
|
Top 10 Fixed Income Holdings |
Portfolio % |
1) U.S. Treasury Bonds 6.25%, 5/15/30 |
19.22% |
2) U.S. Treasury Notes 3.625%, 2/15/21 |
19.05% |
3) U.S. Treasury Bonds 6.375%, 8/15/27 |
18.92% |
4) U.S. Treasury Bonds 6.50%, 11/15/26 |
15.41% |
5) U.S. Treasury Notes 2.125%, 8/31/20 - 9/30/21 |
11.16% |
6) U.S. Treasury Notes 3.125%, 5/15/21 |
6.02% |
7) U.S. Treasury Bonds 3.125%, 8/15/44 |
4.51% |
8) U.S. Treasury Notes 0.75%, 2/28/18 |
3.89% |
9) U.S. Treasury Bonds 8.75%, 8/15/20 |
3.03% |
10) U.S. Treasury Bonds 8.00%, 11/15/21 |
2.13% |
Investment Type |
Portfolio % |
Global Governments |
110.72% |
Corporates - Non-Investment Grade |
|
Industrial |
|
Communications - Media |
1.10% |
Energy |
1.09% |
Consumer Non-Cyclical |
0.74% |
Communications - Telecommunications |
0.70% |
Consumer Cyclical - Automotive |
0.35% |
Technology |
0.25% |
Transportation - Services |
0.25% |
Capital Goods |
0.24% |
Basic |
0.21% |
Consumer Cyclical - Other |
0.21% |
Consumer Cyclical - Retailers |
0.17% |
Other Industrial |
0.10% |
SUBTOTAL |
5.41% |
Credit Default Swaps |
2.07% |
SUBTOTAL |
2.07% |
Financial Institutions |
|
Banking |
0.80% |
Other Finance |
0.18% |
Finance |
0.06% |
SUBTOTAL |
1.04% |
Utility |
|
Electric |
0.21% |
SUBTOTAL |
0.21% |
SUBTOTAL |
8.73% |
Collateralized Mortgage Obligations |
|
Risk Share Floating Rate |
4.28% |
Non-Agency Fixed Rate |
1.57% |
Agency Fixed Rate |
0.07% |
Non-Agency Floating Rate |
0.04% |
SUBTOTAL |
5.96% |
Commercial Mortgage-Backed Securities |
|
Non-Agency Fixed Rate CMBS |
3.34% |
Credit Default Swaps |
1.21% |
Non-Agency Floating Rate CMBS |
0.24% |
SUBTOTAL |
4.79% |
Corporates - Investment Grade |
|
Financial Institutions |
|
Insurance |
1.28% |
Banking |
0.48% |
SUBTOTAL |
1.76% |
Industrial |
|
Communications - Telecommunications |
0.44% |
Consumer Non-Cyclical |
0.30% |
Energy |
0.28% |
Basic |
0.22% |
Technology |
0.21% |
Transportation - Airlines |
0.08% |
Capital Goods |
0.07% |
SUBTOTAL |
1.60% |
Utility |
|
Electric |
0.22% |
SUBTOTAL |
0.22% |
Credit Default Swaps |
0.08% |
SUBTOTAL |
0.08% |
SUBTOTAL |
3.66% |
Agencies |
|
Agency Debentures |
3.33% |
SUBTOTAL |
3.33% |
Whole Loan Trusts |
|
Performing Asset |
1.44% |
SUBTOTAL |
1.44% |
Common Stocks |
1.31% |
Quasi-Sovereigns |
|
Quasi-Sovereign Bonds |
0.98% |
SUBTOTAL |
0.98% |
Emerging Markets - Corporate Bonds |
|
Industrial |
|
Capital Goods |
0.34% |
Consumer Non-Cyclical |
0.28% |
Transportation - Airlines |
0.07% |
Basic |
0.06% |
Communications - Telecommunications |
0.06% |
SUBTOTAL |
0.81% |
SUBTOTAL |
0.81% |
Emerging Markets - Sovereigns |
0.70% |
Emerging Markets - Treasuries |
0.43% |
Local Governments - Municipal Bonds |
0.39% |
Asset-Backed Securities |
|
Autos - Fixed Rate |
0.19% |
Other ABS - Fixed Rate |
0.10% |
SUBTOTAL |
0.29% |
Preferred Stocks |
|
Financial Institutions |
0.28% |
SUBTOTAL |
0.28% |
Governments - Sovereign Agencies |
0.24% |
Investment Companies |
|
Funds and Investment Trusts |
0.06% |
SUBTOTAL |
0.06% |
Bank Loans |
|
Industrial |
|
Basic |
0.04% |
SUBTOTAL |
0.04% |
SUBTOTAL |
0.04% |
Put Options Written |
-0.01% |
Currency Instruments |
|
Forward Currency Exchange Contracts |
-0.22% |
SUBTOTAL |
-0.22% |
Interest Rate Swaps |
-32.86% |
Interest Rate Futures |
-45.89% |
Reverse Repurchase Agreements |
-54.57% |
Net Cash Equivalents |
|
Investment Companies |
10.51% |
Cash |
3.85% |
Foreign Currency |
0.03% |
SUBTOTAL |
14.39% |
Derivative Offsets |
|
Futures Offsets |
46.01% |
Swaps Offsets |
28.99% |
SUBTOTAL |
75.00% |
Total |
100.00% |
Country Breakdown |
Portfolio % |
United States |
95.14% |
Brazil |
0.96% |
Bermuda |
0.79% |
Mexico |
0.60% |
Canada |
0.52% |
Indonesia |
0.32% |
Germany |
0.27% |
United Kingdom |
0.25% |
Luxembourg |
0.17% |
France |
0.16% |
Kenya |
0.10% |
Ivory Coast |
0.09% |
Angola |
0.09% |
Dominican Republic |
0.08% |
Barbados |
0.08% |
Switzerland |
0.08% |
Zambia |
0.05% |
Italy |
0.05% |
Ghana |
0.05% |
Jamaica |
0.04% |
South Africa |
0.04% |
Netherlands |
0.03% |
Sweden |
0.02% |
Norway |
0.01% |
Peru |
0.01% |
Total Investments |
100.00% |
Net Currency Exposure Breakdown |
Portfolio % |
United States Dollar |
107.92% |
Norwegian Krone |
1.04% |
Russian Rubles |
0.81% |
New Turkish Lira |
0.76% |
Mexican Peso |
0.54% |
Brazilian Real |
0.50% |
Argentine Peso |
0.46% |
New Zealand Dollar |
0.09% |
Polish Zloty |
-0.01% |
Great British Pound |
-1.05% |
Australian Dollar |
-1.10% |
Euro |
-1.61% |
Singapore Dollar |
-1.61% |
Taiwan New Dollar |
-3.11% |
Canadian Dollar |
-3.63% |
Total Net Assets |
100.00% |
Credit Rating |
Portfolio % |
AAA |
60.93% |
AA |
0.07% |
A |
1.41% |
BBB |
6.43% |
BB |
4.88% |
B |
3.78% |
CCC |
1.62% |
CC |
0.29% |
C |
0.01% |
D |
0.37% |
Not Rated |
5.64% |
Short Term Investments |
10.51% |
N/A |
4.06% |
Total |
100.00% |
Bonds By Maturity |
Portfolio % |
Less than 1 year |
-39.72% |
1 to 5 years |
46.91% |
5 to 10 years |
25.54% |
10 to 20 years |
57.91% |
20 to 30 years |
7.20% |
More than 30 years |
0.85% |
Other |
1.31% |
Total Net Assets |
100.00% |
Portfolio Statistics: |
|
Average Coupon: |
6.78% |
Average Bond Price : |
121.49 |
Percentage of Leverage (based on Gross Assets): |
|
Bank Borrowing: |
0.00% |
Investment Operations: |
44.36%* |
Preferred Stock: |
0.00% |
Tender Option Bonds: |
0.00% |
VMTP Shares: |
0.00% |
Total Fund Leverage: |
44.36% |
Average Maturity: |
13.18 Years |
Effective Duration: |
4.86 Years |
Total Net Assets: |
$1,723.35 Million |
Net Asset Value: |
$7.98 |
Number of Holdings: |
415 |
Portfolio Turnover: |
34% |
* 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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