AllianceBernstein Income Fund Releases Monthly Portfolio Update

Sep 25, 2012, 16:06 ET from AllianceBernstein Income Fund, Inc.

NEW YORK, Sept. 25, 2012 /PRNewswire/ -- AllianceBernstein Income Fund, Inc. (NYSE: ACG) (the "Fund") today released its monthly portfolio update as of August 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       

15.44%

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

11.09%

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

6.59%

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

5.73%

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

4.24%

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

3.57%

7) Federal Home Loan Mortgage Corp. 2.375%,             

3.07%

    1/13/22


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

2.86%

9) Federal National Mortgage Association 3.50%,     

2.34%

    12/01/41


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

2.27%



Fixed Income Holdings by Security Type

Portfolio %

Governments - Treasuries


    Treasuries                                    

55.86%

SUBTOTAL                                               

55.86%

Corporates - Investment Grades


    Industrial


      Communications - Telecommunications             

1.15%

      Energy                                  

0.64%

      Capital Goods                              

0.63%

      Basic                                       

0.61%

      Communications - Media                           

0.47%

      Consumer Non-Cyclical                        

0.41%

      Technology                                    

0.28%

      Consumer Cyclical - Retailers                 

0.18%

      Consumer Cyclical - Automotive               

0.12%

      Consumer Cyclical - Entertainment               

0.10%

      Other Industrial                             

0.09%

      Consumer Cyclical - Other                     

0.07%

      Transportation - Airlines               

0.05%

      Transportation - Services                 

0.03%

 SUBTOTAL                                        

4.83%

Financial Institutions


    Banking                                       

2.37%

    Insurance                                       

1.41%

    Finance                                         

0.46%

    REITS                                          

0.29%

    Brokerage                                     

0.15%

    Other Finance                                 

0.14%

 SUBTOTAL                                         

4.82%

Non Corporate Sectors


    Agencies - Not Government Guaranteed       

1.11%

 SUBTOTAL                                          

1.11%

Utility


    Electric                                     

0.36%

    Natural Gas                                   

0.07%

 SUBTOTAL                                         

0.43%

SUBTOTAL                                            

11.19%

Corporates - Non-Investment Grades


  Industrial


    Communications - Media                       

1.41%

    Capital Goods                                   

1.34%

    Consumer Non-Cyclical                         

1.26%

    Energy                                        

1.13%

    Basic                                            

0.76%

    Consumer Cyclical - Other          

0.59%

    Consumer Cyclical - Retailers                  

0.56%

    Technology                             

0.52%

    Communications - Telecommunications           

0.45%

    Consumer Cyclical - Automotive             

0.36%

    Services                                    

0.17%

    Transportation - Airlines                      

0.12%

    Consumer Cyclical - Restaurants                  

0.07%

    Other Industrial                               

0.07%

    Consumer Cyclical - Entertainment              

0.03%

 SUBTOTAL                                         

8.84%

Utility


    Electric                                      

0.99%

    Natural Gas                                    

0.18%

 SUBTOTAL                                           

1.17%

Financial Institutions


    Banking                                      

0.40%

    REITS                                           

0.20%

    Other Finance                                 

0.15%

    Finance                                         

0.13%

  SUBTOTAL                                           

0.88%

 SUBTOTAL                                              

10.89%

Agencies


  Agency Debentures                                    

6.90%

 SUBTOTAL                                             

6.90%

Mortgage Pass-Throughs


    Agency Fixed Rate 30-Year                        

4.82%

    Agency ARMs                                          

0.44%

SUBTOTAL                                                

5.26%

Quasi-Sovereigns


    Quasi-Sovereign Bonds                               

2.75%

SUBTOTAL                                                 

2.75%

Emerging Markets - Corporate Bonds


    Industrial


        Consumer Cyclical - Other                    

0.31%

        Basic                                          

0.27%

        Communications - Telecommunications             

0.27%

        Communications - Media                      

0.17%

        Consumer Non-Cyclical                     

0.13%

        Other Industrial                             

0.10%

    SUBTOTAL                                              

1.25%

 Utility


        Natural Gas                                   

0.06%

        Electric                                     

0.04%

  SUBTOTAL                                      

0.10%

  Financial Institutions


        Other Finance                                

0.01%

  SUBTOTAL                                         

0.01%

SUBTOTAL                                           

1.36%

Bank Loans


    Industrial


        Consumer Cyclical - Automotive             

0.24%

        Consumer Non-Cyclical                     

0.18%

        Basic                                           

0.14%

        Technology                                     

0.11%

        Consumer Cyclical - Other                    

0.10%

        Communications - Media                        

0.09%

        Other Industrial                           

0.08%

        Services                                         

0.07%

        Capital Goods                                   

0.04%

        Consumer Cyclical - Retailers                   

0.03%

        Consumer Cyclical - Entertainment           

0.02%

        Energy                                         

0.01%

  SUBTOTAL                                           

1.11%

Financial Institutions


        Finance                                    

0.08%

  SUBTOTAL                                 

0.08%

 Utility


        Electric                                    

0.05%

  SUBTOTAL                                            

0.05%

SUBTOTAL                                               

1.24%

Commercial Mortgage-Backed Securities


    Non-Agency Fixed Rate CMBS                      

0.77%

    Non-Agency Floating Rate CMBS                    

0.18%

SUBTOTAL                                              

0.95%

Governments - Sovereign Bonds                 

0.93%

Emerging Markets - Sovereigns                       

0.90%

Preferred Stocks


        Financial Institutions                               

0.47%

SUBTOTAL                                               

0.47%

Local Governments - Municipal Bonds                   

0.36%

Collateralized Mortgage Obligations


         Non-Agency Floating Rate                          

0.23%

SUBTOTAL                                                

0.23%

Governments - Sovereign Agencies                        

0.11%

Common Stocks                                           

0.03%

Short-Term Investments


         Investment Companies                                

0.57%

Total Fixed Income                                      

100.00%



Country Breakdown

Portfolio %

United States                                          

86.77%

Russia                                                 

2.20%

Brazil                                                   

2.05%

United Kingdom                                     

0.90%

Kazakhstan                                           

0.77%

Canada                                                  

0.69%

Mexico                                                   

0.66%

Croatia                                                 

0.45%

Netherlands                                            

0.44%

Argentina                                              

0.42%

India                                                   

0.37%

Germany                                                 

0.32%

Luxembourg                                              

0.32%

Indonesia                                              

0.31%

Peru                                                     

0.29%

Switzerland                                            

0.24%

Lithuania                                                

0.23%

El Salvador                                             

0.21%

Colombia                                               

0.21%

France                                                     

0.21%

United Arab Emirates                                

0.21%

Romania                                                

0.18%

Venezuela                                               

0.17%

Hungary                                                  

0.16%

South Africa                                           

0.16%

Spain                                                 

0.14%

Barbados                                              

0.13%

Australia                                                

0.12%

Portugal                                               

0.11%

Belarus                                                 

0.11%

Norway                                                 

0.11%

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                                

103.49%

New Turkish Lira                                     

0.51%

Singapore Dollar                                         

0.50%

South African Rand                                    

0.48%

South Korean Won                                  

0.48%

Russian Rubles                                       

0.38%

Brazilian Real                                        

0.03%

Great British Pound                                  

0.02%

Japanese Yen                                        

-2.83%

Euro                                                   

-3.06%

Total Investments                                      

100.00%



        Credit Quality Breakdown

Portfolio %

            AAA                                           

68.09%

            AA                                           

1.03%

            A                                          

4.10%

            BBB                                           

12.67%

            BB                                        

8.57%

            B                                          

4.21%

           CCC                                           

0.33%

           CC                                           

0.04%

           Not Rated                                   

0.39%

           Short Term Investments                     

0.57%

           Total Investments                            

100.00%



Portfolio Statistics:


    Average Coupon:                                    

6.82%

    Average Bond Price :                                  

     N/A

    Percentage of Leverage:


        Bank Borrowing:                                  

0.00%

        Investment Operations:                      

        46.18%*

        Preferred Stock:                                   

0.00%

        Tender Option Bonds:                             

0.00%

        Term Asset-Backed Loans Facility (TALF):       

0.00%

        Total Fund Leverage:                      

46.18%

Average Maturity:                               

   11.58 Years

Effective Duration:                          

       7.21 Years

Total Net Assets:                        

    $2,279.83 Million

Net Asset Value:                                

$9.39

Number of Holdings:                                   

397

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.