See more news releases in Banking & Financial Services | Mutual Funds | Dividends

AllianceBernstein Income Fund Releases Monthly Portfolio Update

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.