Alliance New York Municipal Income Fund Releases Monthly Portfolio Update
NEW YORK, May 29, 2012 /PRNewswire/ -- Alliance New York Municipal Income Fund, Inc. (NYSE: AYN) (the "Fund") today released its monthly portfolio update as of April 30, 2012.
Alliance New York Municipal Income Fund, Inc. |
|
Top 10 Fixed-Income Holdings |
|
Portfolio % |
|
1) Metropolitan Trnsp Auth NY Series 02A |
4.89% |
5.125%, 11/15/31 |
|
2) New York St Dormitory Auth (Maimonides Med |
4.65% |
Ctr) NPFGC Series 04 5.75%, 8/01/29 |
|
3) New York NY Trst for Cult Res AMBAC Series |
4.39% |
01D 5.125%, 7/01/31 (Prerefunded/ETM) |
|
4) Erie Cnty NY Fiscal Stability Auth (Erie Cnty |
4.16% |
NY Sales Tax) Series 2011C 5.00%, 12/01/25 |
|
5) New York St Thruway Auth (New York St Thruway |
4.11% |
Auth Ded Tax) Series 2011A 5.00%, 4/01/25 |
|
6) Puerto Rico Sales Tax Fin Corp. Series 2009A |
3.85% |
5.50%, 8/01/28 |
|
7) Tobacco Settlement Fin Corp. NY (New York St |
3.65% |
Lease Tobacco Asset Sec) AMBAC Series 03A-1 |
|
5.25%, 6/01/21 |
|
8) New York City NY Muni Wtr Fin NY Cutl |
3.33% |
5.125%, 6/15/34 (Prerefunded/ETM) |
|
9) New York NY Trnsl Fin Auth Series 2002B |
3.04% |
5.00%, 2/01/27 |
|
10) New York St Dormitory Auth (New York St Pers |
3.01% |
Income Tax) 5.00%, 3/15/26 |
|
Sector/Industry Breakdown |
|
Portfolio % |
|
Tax Supported |
|
Special Tax |
26.65% |
Tax-Supported State Lease |
7.42% |
Local G.O. |
6.83% |
State G.O. |
2.41% |
Assessment District |
1.27% |
SUBTOTAL |
44.58% |
Revenue |
|
Toll Roads/Transit |
9.24% |
Health Care - Not-for-Profit |
8.56% |
Water & Sewer |
5.94% |
Higher Education - Private |
4.87% |
Electric Utility |
1.99% |
Senior Living |
1.71% |
Industrial Development - Airline |
1.01% |
Industrial Development - Utility |
0.22% |
SUBTOTAL |
33.54% |
Prerefunded/ETM |
16.48% |
Asset-Backed |
|
Housing - Multi-Family |
1.83% |
Housing - Single Family |
1.28% |
SUBTOTAL |
3.11% |
Cash Equivalents |
|
Investment Companies |
2.29% |
SUBTOTAL |
2.29% |
Total |
100.00% |
State Breakdown |
|
Portfolio % |
|
New York |
82.82% |
Puerto Rico |
12.23% |
California |
0.90% |
Florida |
0.86% |
Colorado |
0.41% |
Illinois |
0.27% |
Ohio |
0.22% |
Other |
2.29% |
Total Investments |
100.00% |
Credit Quality Breakdown |
|
Portfolio % |
|
AAA |
18.84% |
AA |
35.47% |
A |
13.45% |
BBB |
10.69% |
BB |
0.83% |
Not Rated |
1.95% |
Pre-refunded Bonds |
16.48% |
Short Term Investments |
2.29% |
Total Investments |
100.00% |
Portfolio Statistics: |
|
AMT Percentage: |
13.13% |
Average Coupon: |
5.29 |
Percentage of Leverage: |
|
Bank Borrowing: |
0.00% |
Investment Operations: |
0.00% |
Preferred Stock: |
36.33% |
Tender Option Bonds: |
3.74% |
Term Asset-Backed Loans Facility (TALF): |
0.00% |
Total Fund Leverage: |
40.07%* |
Average Effective Maturity: |
4.26 Years |
Effective Duration: |
3.47 Years |
Total Net Assets: |
$112.31 Million** |
Common Stock Net Asset Value: |
$14.80 |
Number of Holdings: |
66 |
Portfolio Turnover |
15 |
* The total percentage of leverage constitutes 3.74% through the use |
|
** Includes 40,800,000 of preferred stock at liquidation value. |
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 Alliance New York Municipal Income Fund, Inc.
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