AllianceBernstein Income Fund Releases Monthly Portfolio Update
NEW YORK, Feb. 28, 2012 /PRNewswire/ -- AllianceBernstein Income Fund, Inc.[NYSE: ACG] (the "Fund") today released its monthly portfolio update as of January 31, 2012.
AllianceBernstein Income Fund, Inc. |
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Top 10 Fixed Income Holdings |
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Portfolio % |
1) U.S. Treasury Notes 2.625%, 8/15/20 - 11/15/20 |
14.73% |
2) U.S. Treasury Notes 1.375%, 9/30/18 |
11.18% |
3) U.S. Treasury Notes 2.75%, 2/15/19 |
9.74% |
4) U.S. Treasury STRIPS Zero Coupon, 5/15/17 |
7.75% |
5) U.S. Treasury STRIPS Zero Coupon, 11/15/21 |
4.25% |
6) Federal National Mortgage Association 3.50%, 2/01/41 - 12/01/41 |
3.76% |
7) U.S. Treasury Notes 3.625%, 2/15/20 |
3.14% |
8) Federal Home Loan Mortgage Corp. 2.375%, 1/13/22 |
3.03% |
9) U.S. Treasury Notes 1.50%, 8/31/18 |
2.96% |
10) Federal National Mortgage Association 5.375%, 6/12/17 |
2.24% |
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Fixed Income Holdings by Security Type |
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Portfolio % |
Governments - Treasuries |
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Treasuries |
58.22% |
SUBTOTAL |
58.22% |
Corporates - Investment Grades |
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Financial Institutions |
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Banking |
2.15% |
Insurance |
1.02% |
REITS |
0.29% |
Finance |
0.24% |
Brokerage |
0.14% |
Other Finance |
0.14% |
SUBTOTAL |
3.98% |
Industrial |
|
Basic |
0.78% |
Capital Goods |
0.44% |
Communications - Telecommunications |
0.35% |
Energy |
0.30% |
Transportation - Airlines |
0.22% |
Communications - Media |
0.16% |
Consumer Non-Cyclical |
0.15% |
Transportation - Services |
0.15% |
Technology |
0.11% |
Consumer Cyclical - Entertainment |
0.10% |
Other Industrial |
0.08% |
SUBTOTAL |
2.84% |
Non Corporate Sectors |
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Agencies - Not Government Guaranteed |
1.31% |
SUBTOTAL |
1.31% |
Utility |
|
Electric |
0.19% |
Natural Gas |
0.07% |
SUBTOTAL |
0.26% |
SUBTOTAL |
8.39% |
Corporates - Non-Investment Grades |
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Industrial |
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Capital Goods |
1.09% |
Consumer Non-Cyclical |
1.05% |
Communications - Media |
0.85% |
Energy |
0.73% |
Basic |
0.52% |
Consumer Cyclical - Other |
0.43% |
Communications - Telecommunications |
0.42% |
Consumer Cyclical - Automotive |
0.42% |
Consumer Cyclical - Retailers |
0.40% |
Technology |
0.23% |
Services |
0.16% |
Transportation - Airlines |
0.12% |
Consumer Cyclical - Restaurants |
0.07% |
Other Industrial |
0.05% |
Consumer Cyclical - Entertainment |
0.03% |
SUBTOTAL |
6.57% |
Utility |
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Electric |
0.75% |
Natural Gas |
0.16% |
SUBTOTAL |
0.91% |
Financial Institutions |
|
REITS |
0.20% |
Banking |
0.19% |
Finance |
0.17% |
Other Finance |
0.15% |
Brokerage |
0.03% |
SUBTOTAL |
0.74% |
SUBTOTAL |
8.22% |
Agencies |
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Agency Debentures |
6.88% |
SUBTOTAL |
6.88% |
Mortgage Pass-Through's |
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Agency Fixed Rate 30-Year |
5.50% |
Agency ARMs |
1.34% |
SUBTOTAL |
6.84% |
Commercial Mortgage-Backed Securities |
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Non-Agency Fixed Rate CMBS |
2.27% |
Non-Agency Floating Rate CMBS |
0.16% |
SUBTOTAL |
2.43% |
Quasi-Sovereigns |
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Quasi-Sovereign Bonds |
2.41% |
SUBTOTAL |
2.41% |
Emerging Markets - Corporate Bonds |
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Industrial |
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Basic |
0.46% |
Communications - Telecommunications |
0.34% |
Communications - Media |
0.17% |
Other Industrial |
0.11% |
Consumer Cyclical - Other |
0.08% |
Consumer Non-Cyclical |
0.08% |
SUBTOTAL |
1.24% |
Utility |
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Electric |
0.18% |
SUBTOTAL |
0.18% |
Financial Institutions |
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Banking |
0.07% |
Other Finance |
0.01% |
SUBTOTAL |
0.08% |
SUBTOTAL |
1.50% |
Inflation-Linked Securities |
1.45% |
Bank Loans |
|
Industrial |
|
Consumer Non-Cyclical |
0.22% |
Capital Goods |
0.18% |
Communications - Media |
0.14% |
Services |
0.14% |
Basic |
0.12% |
Technology |
0.12% |
Communications - Telecommunications |
0.04% |
Consumer Cyclical - Other |
0.04% |
Consumer Cyclical - Retailers |
0.04% |
Consumer Cyclical - Entertainment |
0.03% |
Energy |
0.02% |
Other Industrial |
0.01% |
Transportation - Services |
0.01% |
SUBTOTAL |
1.11% |
Utility |
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Electric |
0.09% |
SUBTOTAL |
0.09% |
Financial Institutions |
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Finance |
0.04% |
Other Finance |
0.02% |
SUBTOTAL |
0.06% |
SUBTOTAL |
1.26% |
Emerging Markets - Sovereigns |
1.13% |
Governments - Sovereign Bonds |
0.39% |
Local Governments - Municipal Bonds |
0.36% |
Preferred Stocks |
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Financial Institutions |
0.21% |
Non Corporate Sectors |
0.01% |
SUBTOTAL |
0.22% |
Governments - Sovereign Agencies |
0.11% |
Emerging Markets - Treasuries |
0.09% |
Asset-Backed Securities |
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Autos - Floating Rate |
0.05% |
SUBTOTAL |
0.05% |
Common Stocks |
0.04% |
Collateralized Mortgage Obligations |
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Non-Agency Fixed Rate |
0.01% |
SUBTOTAL |
0.01% |
Total Fixed Income |
100.00% |
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Country Breakdown |
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Portfolio % |
United States |
88.44% |
Russia |
2.95% |
Brazil |
1.39% |
Indonesia |
0.82% |
Kazakhstan |
0.77% |
United Kingdom |
0.70% |
Canada |
0.63% |
Australia |
0.50% |
Argentina |
0.36% |
South Africa |
0.33% |
Netherlands |
0.27% |
Lithuania |
0.27% |
Luxembourg |
0.26% |
India |
0.25% |
El Salvador |
0.20% |
United Arab Emirates |
0.19% |
Peru |
0.19% |
New Zealand |
0.17% |
Hong Kong |
0.16% |
Barbados |
0.13% |
Ukraine |
0.12% |
Croatia |
0.12% |
Norway |
0.11% |
Switzerland |
0.09% |
Turkey |
0.09% |
Ireland |
0.09% |
China |
0.08% |
Germany |
0.07% |
South Korea |
0.07% |
Colombia |
0.05% |
Japan |
0.05% |
Mexico |
0.05% |
France |
0.03% |
Total Investments |
100.00% |
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Net Currency Exposure Breakdown |
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Portfolio % |
United States Dollar |
98.03% |
Mexican Peso |
2.04% |
Australian Dollar |
1.55% |
Chinese Yuan Renminbi |
1.26% |
Norwegian Krone |
1.00% |
Russian Rubles |
0.41% |
New Turkish Lira |
0.12% |
Brazilian Real |
0.03% |
South African Rand |
0.02% |
Great British Pound |
-0.02% |
Japanese Yen |
-0.40% |
Canadian Dollar |
-2.01% |
Euro Dollar |
-2.03% |
Total Investments |
100.00% |
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Credit Quality Breakdown |
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Portfolio % |
AAA |
74.54% |
AA |
1.03% |
A |
3.25% |
BBB |
10.29% |
BB |
6.96% |
B |
3.34% |
CCC |
0.33% |
CC |
0.01% |
D |
0.03% |
Not Rated |
0.22% |
Total Investments |
100.00% |
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Portfolio Statistics: |
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Average Coupon: |
5.39 |
Average Bond Price: |
108.92 |
Percentage of Leverage: |
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Bank Borrowing: |
0.00% |
Investment Operations: |
46.76%* |
Preferred Stock: |
0.00% |
Tender Option Bonds: |
0.00% |
Term Asset-Backed Loans Facility (TALF): |
0.00% |
Total Fund Leverage: |
46.76% |
Average Maturity: |
11.12 Years |
Effective Duration: |
7.07 Years |
Total Net Assets: |
$2,222.10 Million |
Net Asset Value: |
$9.15 |
Number of Holdings: |
357 |
* 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 AllianceBernstein Income Fund, Inc.
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