AllianceBernstein Income Fund Releases Monthly Portfolio Update

29 Aug, 2012, 16:06 ET from AllianceBernstein Income Fund, Inc.

NEW YORK, Aug. 29, 2012 /PRNewswire/ -- AllianceBernstein Income Fund, Inc. (NYSE: ACG) (the "Fund") today released its monthly portfolio update as of July 31, 2012.

AllianceBernstein Income Fund, Inc.

Top 10 Fixed Income Holdings

Portfolio %

  1) U.S. Treasury Notes 2.625%, 8/15/20 - 11/15/20       

15.03%

  2) U.S. Treasury Notes 1.375%, 9/30/18                 

11.11%

  3) U.S. Treasury Bonds 8.75%, 8/15/20                   

6.65%

  4) U.S. Treasury STRIPS  Zero Coupon, 5/15/17        

5.73%

  5) U.S. Treasury Bonds 7.625%, 2/15/25                

4.28%

  6) U.S. Treasury Bonds 8.00%, 11/15/21               

3.60%

  7) Federal Home Loan Mortgage Corp. 2.375%,      

3.06%

      1/13/22

  8) U.S. Treasury Notes 1.50%, 8/31/18                   

2.87%

  9) Federal National Mortgage Association 3.50%,     

2.42%

      12/01/41

  10) U.S. Treasury Notes 2.75%, 2/15/19                   

2.28%

Fixed Income Holdings by Security Type

Governments - Treasuries

Portfolio %

    Treasuries                            

55.66%

SUBTOTAL                           

55.66%

Corporates - Investment Grades

      Industrial

              Communications - Telecommunications      

1.14%

              Energy                           

0.64%

              Capital Goods                  

0.63%

              Basic                               

0.61%

              Communications - Media        

0.47%

              Consumer Non-Cyclical           

0.36%

              Technology                             

0.28%

              Consumer Cyclical - Retailers       

0.18%

              Consumer Cyclical - Entertainment     

0.11%

              Consumer Cyclical - Automotive          

0.09%

              Other Industrial                    

0.09%

              Consumer Cyclical - Other     

0.07%

              Transportation - Airlines          

0.05%

              Transportation - Services               

0.03%

      SUBTOTAL                               

4.75%

    Financial Institutions

              Banking                                  

2.23%

              Insurance                                

1.40%

              Finance                            

0.46%

              REITS                               

0.30%

              Brokerage                          

0.15%

              Other Finance                     

0.14%

       SUBTOTAL                          

4.68%

     Non Corporate Sectors

             Agencies - Not Government Guaranteed    

1.11%

       SUBTOTAL                                  

1.11%

    Utility

            Electric                              

0.37%

            Natural Gas                         

0.07%

     SUBTOTAL                          

0.44%

SUBTOTAL                           

10.98%

Corporates - Non-Investment Grades

   Industrial

           Communications - Media         

1.41%

           Capital Goods                         

1.34%

           Consumer Non-Cyclical            

1.27%

           Energy                                  

1.05%

           Basic                                  

0.75%

           Consumer Cyclical - Other         

0.59%

           Consumer Cyclical - Retailers       

0.55%

           Technology                                

0.52%

           Communications - Telecommunications       

0.45%

           Consumer Cyclical - Automotive              

0.38%

           Services                           

0.17%

           Transportation - Airlines         

0.12%

           Consumer Cyclical - Restaurants        

0.07%

           Other Industrial                             

0.07%

           Consumer Cyclical - Entertainment     

0.03%

    SUBTOTAL                                      

8.77%

  Utility

          Electric                          

0.99%

          Natural Gas                     

0.17%

    SUBTOTAL                      

1.16%

   Financial Institutions

          Banking                        

0.39%

          REITS                           

0.20%

          Other Finance                 

0.15%

          Finance                           

0.13%

    SUBTOTAL                       

0.87%

 SUBTOTAL                        

10.80%

 Agencies

         Agency Debentures             

6.91%

SUBTOTAL                          

6.91%

Mortgage Pass-Throughs

         Agency Fixed Rate 30-Year              

5.00%

         Agency ARMs                               

0.44%

  SUBTOTAL                                    

5.44%

  Quasi-Sovereigns

         Quasi-Sovereign Bonds                    

2.73%

  SUBTOTAL                                      

2.73%

  Emerging Markets - Corporate Bonds

    Industrial

            Consumer Cyclical - Other                 

0.30%

            Basic                                         

0.27%

            Communications - Telecommunications     

0.26%

            Communications - Media                       

0.18%

            Consumer Non-Cyclical                

0.12%

            Other Industrial                             

0.10%

      SUBTOTAL                                

1.23%

    Utility

            Natural Gas                                

0.06%

            Electric                                   

0.04%

     SUBTOTAL                            

0.10%

   Financial Institutions

           Other Finance        

0.01%

     SUBTOTAL             

0.01%

SUBTOTAL               

1.34%

Commercial Mortgage-Backed Securities

           Non-Agency Fixed Rate CMBS          

1.07%

           Non-Agency Floating Rate CMBS          

0.18%

SUBTOTAL                                           

1.25%

Bank Loans

    Industrial

          Consumer Non-Cyclical                        

0.19%

          Consumer Cyclical - Automotive           

0.18%

          Technology                                    

0.12%

          Basic                                 

0.10%

          Consumer Cyclical - Other         

0.10%

          Communications - Media            

0.09%

          Other Industrial                         

0.08%

          Services                                    

0.07%

          Capital Goods                             

0.04%

          Communications - Telecommunications     

0.04%

          Consumer Cyclical - Retailers                

0.03%

          Consumer Cyclical - Entertainment         

0.02%

          Energy                                   

0.01%

      SUBTOTAL                             

1.07%

   Financial Institutions

          Finance                                   

0.09%

      SUBTOTAL                               

0.09%

     Utility

         Electric                                      

0.05%

     SUBTOTAL                                 

0.05%

SUBTOTAL                                 

1.21%

Governments - Sovereign Bonds          

0.91%

Emerging Markets - Sovereigns        

0.84%

Preferred Stocks

        Financial Institutions                       

0.46%

        Non Corporate Sectors                    

0.01%

SUBTOTAL                                    

0.47%

Local Governments - Municipal Bonds            

0.36%

Governments - Sovereign Agencies                

0.11%

Common Stocks                                        

0.03%

Collateralized Mortgage Obligations

       Non-Agency Floating Rate            

0.02%

SUBTOTAL                                 

0.02%

Short-Term Investments

       Investment Companies                  

0.94%

Total Fixed Income                        

100.00%

Country Breakdown

Portfolio %

United States                                 

87.03%

Russia                                         

2.19%

Brazil                                            

2.04%

United Kingdom                              

0.90%

Kazakhstan                                   

0.75%

Canada                                          

0.68%

Mexico                                          

0.66%

Croatia                                           

0.44%

Netherlands                                    

0.43%

Argentina                                       

0.39%

India                                              

0.37%

Luxembourg                                   

0.33%

Germany                                       

0.32%

Indonesia                                     

0.31%

Lithuania                                       

0.23%

France                                          

0.21%

El Salvador                                     

0.21%

United Arab Emirates                      

0.21%

Colombia                                        

0.20%

Peru                                                

0.20%

Romania                                         

0.17%

Venezuela                                       

0.17%

Australia                                        

0.17%

South Africa                                    

0.16%

Hungary                                         

0.15%

Switzerland                                    

0.15%

Spain                                            

0.14%

Barbados                                      

0.13%

Norway                                         

0.11%

Belarus                                         

0.11%

Portugal                                        

0.10%

Ireland                                          

0.09%

Hong Kong                                   

0.09%

China                                           

0.08%

Japan                                           

0.04%

Ukraine                                        

0.04%

Total Investments                       

100.00%

Net Currency Exposure Breakdown

Portfolio %

    United States Dollar                    

100.41%

    New Turkish Lira                         

0.51%

    Singapore Dollar                          

0.50%

    South African Rand                       

0.49%

    South Korean Won                        

0.48%

    Russian Rubles                              

0.38%

    Brazilian Real                               

0.05%

    Euro                                             

0.01%

    Great British Pound                     

0.01%

    Japanese Yen                              

-2.84%

    Total Investments                         

100.00%

           Credit Quality Breakdown

Portfolio %

                      AAA                                 

67.99%

                      AA                                   

1.04%

                      A                                      

4.46%

                      BBB                                  

12.53%

                      BB                                    

8.22%

                      B                                      

4.24%

                      CCC                                 

0.21%

                      CC                                   

0.01%

                      Not Rated                          

0.36%

                      Short Term Investments          

0.94%

                      Total Investments                    

100.00%

    Portfolio Statistics:

       Average Coupon:                      

6.82

       Average Bond Price :                 

                      NA

       Percentage of Leverage:

             Bank Borrowing:                         

0.00%

             Investment Operations:                

             45.95%*

             Preferred Stock:                           

0.00%

             Tender Option Bonds:                     

0.00%

             Term Asset-Backed Loans Facility (TALF):     

0.00%

             Total Fund Leverage:                       

45.95%

        Average Maturity:                            

     11.89 Years

        Effective Duration:                  

              7.19 Years

        Total Net Assets:                   

        $2,276.23 Million

        Net Asset Value:                    

$9.37

        Number of Holdings:                

390

        Portfolio Turnover:                    

67

 

* 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.