AllianceBernstein Income Fund Releases Monthly Portfolio Update

Nov 27, 2012, 16:06 ET from AllianceBernstein Income Fund, Inc.

NEW YORK, Nov. 27, 2012 /PRNewswire/ -- AllianceBernstein Income Fund, Inc. (NYSE: ACG) (the "Fund") today released its monthly portfolio update as of October 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      

15.06%

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

10.84%

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

6.40%

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

5.62%

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

4.11%

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

3.47%

     7) Federal National Mortgage Association 3.50%,         

3.26%

         TBA 


     8) U.S. Treasury Notes 1.625%, 8/15/22                    

2.90%

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

2.80%

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

2.21%



Fixed Income Holdings by Security Type 



Portfolio %

          Governments - Treasuries 


               Treasuries                                    

57.75%

            SUBTOTAL                                               

57.75%

          Corporates - Non-Investment Grades 


               Industrial 


                    Communications - Media                       

1.31%

                    Capital Goods                                  

1.30%

                    Consumer Non-Cyclical                       

1.18%

                    Energy                                         

0.97%

                    Basic                                         

0.76%

                    Consumer Cyclical - Other                  

0.59%

                    Consumer Cyclical - Retailers                   

0.57%

                    Technology                                  

0.50%

                    Communications - Telecommunications          

0.41%

                    Consumer Cyclical - Automotive                

0.36%

                    Services                                     

0.17%

                    Transportation - Airlines                

0.09%

                    Consumer Cyclical - Restaurants             

0.07%

                    Other Industrial                        

0.07%

                    Consumer Cyclical - Entertainment            

0.03%

                 SUBTOTAL                                      

8.38%

               Utility 


                    Electric                                       

0.90%

                    Natural Gas                               

0.17%

                 SUBTOTAL                                  

1.07%

               Financial Institutions 


                    Other Finance                             

0.27%

                    Banking                                     

0.22%

                    Finance                                     

0.13%

                    REITS                                       

0.09%

                 SUBTOTAL                                    

0.71%

            SUBTOTAL                                      

10.16%

          Corporates - Investment Grades 


               Industrial 


                    Communications - Telecommunications         

1.16%

                    Energy                                       

0.65%

                    Capital Goods                            

0.62%

                    Basic                                       

0.42%

                    Consumer Non-Cyclical            

0.35%

                    Communications - Media            

0.31%

                    Technology                                  

0.25%

                    Consumer Cyclical - Retailers               

0.18%

                    Consumer Cyclical - Entertainment          

0.11%

                    Consumer Cyclical - Automotive            

0.10%

                    Other Industrial                       

0.09%

                    Consumer Cyclical - Other                 

0.07%

                    Transportation - Airlines                 

0.05%

                    Transportation - Services                

0.03%

                 SUBTOTAL                                   

4.39%

               Financial Institutions 


                    Banking                                     

1.63%

                    Insurance                                  

1.39%

                    REITS                                     

0.41%

                    Finance                                   

0.23%

                    Brokerage                                

0.15%

                    Other Finance                           

0.01%

                 SUBTOTAL                                  

3.82%

               Non Corporate Sectors 


                    Agencies - Not Government Guaranteed     

1.11%

                 SUBTOTAL                                

1.11%

               Utility 


                    Electric                                 

0.36%

                    Natural Gas                                

0.03%

                 SUBTOTAL                                     

0.39%

            SUBTOTAL                                        

9.71%

          Mortgage Pass-Throughs 


               Agency Fixed Rate 30-Year                

5.53%

               Agency ARMs                                   

0.43%

            SUBTOTAL                                       

5.96%

          Agencies  


               Agency Debentures                

4.41%

            SUBTOTAL                                

4.41%

          Quasi-Sovereigns 


               Quasi-Sovereign Bonds                 

2.74%

            SUBTOTAL                                           

2.74%

          Emerging Markets - Corporate Bonds 


               Industrial 


                    Consumer Cyclical - Other                      

0.30%

                    Communications - Telecommunications      

0.27%

                    Basic                                        

0.26%

                    Communications - Media              

0.18%

                    Energy                                       

0.15%

                    Consumer Non-Cyclical                 

0.13%

                    Other Industrial                           

0.11%

                    Capital Goods                             

0.03%

                    Transportation - Airlines                

0.02%

                 SUBTOTAL                                  

1.45%

               Utility 


                    Natural Gas                            

0.06%

                    Electric                                  

0.04%

                 SUBTOTAL                             

0.10%

               Financial Institutions 


                    Other Finance                              

0.01%

                 SUBTOTAL                                     

0.01%

            SUBTOTAL                                     

1.56%

          Bank Loans 


               Industrial 


                    Consumer Non-Cyclical                       

0.26%

                    Consumer Cyclical - Automotive           

0.24%

                    Basic                                          

0.16%

                    Consumer Cyclical - Other                

0.10%

                    Capital Goods                                

0.09%

                    Technology                                    

0.09%

                    Communications - Media                  

0.08%

                    Other Industrial                          

0.07%

                    Services                                  

0.07%

                    Consumer Cyclical - Retailers         

0.03%

                    Consumer Cyclical - Entertainment           

0.02%

                    Energy                                      

0.01%

                 SUBTOTAL                                 

1.22%

               Financial Institutions 


                    Finance                                     

0.07%

                    REITS                                       

0.05%

                 SUBTOTAL                                   

0.12%

               Utility 


                    Electric                                       

0.05%

                 SUBTOTAL                                     

0.05%

            SUBTOTAL                                       

1.39%

          Emerging Markets - Sovereigns                           

0.95%

          Commercial Mortgage-Backed Securities  


               Non-Agency Fixed Rate CMBS                       

0.70%

            SUBTOTAL                                       

0.70%

          Local Governments - Municipal Bonds              

0.70%

          Governments - Sovereign Bonds                        

0.54%

          Preferred Stocks 


               Financial Institutions                          

0.46%

               Non Corporate Sectors                            

0.01%

            SUBTOTAL                                             

0.47%

          Collateralized Mortgage Obligations 


               Non-Agency Floating Rate                         

0.14%

               Non-Agency Fixed Rate                            

0.10%

            SUBTOTAL                                              

0.24%

          Governments - Sovereign Agencies          

0.11%

          Common Stocks                                    

0.03%

          Options Purchased - Puts 


               Options on Forward Contracts                

0.01%

               Swaptions                                           

0.00%

            SUBTOTAL                                         

0.01%

          Short-Term Investments 


               Investment Companies                          

2.57%

          Total Fixed Income                               

100.00%



          Country Breakdown 



Portfolio %

          United States                             

88.04%

          Russia                                       

2.20%

          Brazil                                          

2.09%

          Kazakhstan                                  

0.75%

          Mexico                                         

0.66%

          Canada                                        

0.59%

          United Kingdom                              

0.53%

          Argentina                                      

0.46%

          India                                                 

0.34%

          Germany                                          

0.33%

          Luxembourg                                     

0.32%

          Indonesia                                         

0.32%

          Peru                                                

0.29%

          Croatia                                            

0.29%

          Netherlands                                      

0.27%

          Switzerland                                      

0.22%

          El Salvador                                      

0.22%

          Colombia                                        

0.21%

          France                                            

0.21%

          United Arab Emirates                         

0.21%

          Romania                                         

0.19%

          Venezuela                                        

0.18%

          Hungary                                           

0.17%

          Spain                                              

0.15%

          Barbados                                        

0.13%

          Belarus                                            

0.11%

          Norway                                           

0.11%

          Portugal                                          

0.11%

          Hong Kong                                       

0.09%

          Australia                              

0.09%

          China                                         

0.08%

          Ukraine                                        

0.04%

          Total Investments                          

100.00%



Net Currency Exposure Breakdown 



Portfolio %

          United States Dollar                         

106.05%

          Mexican Peso                                 

0.99%

          South Korean Won                           

0.50%

          Russian Rubles                              

0.38%

          Brazilian Real                                 

0.04%

          Great British Pound                      

0.02%

          Canadian Dollar                            

-0.98%

          Euro                                            

-3.01%

          Japanese Yen                                

-3.99%

          Total Investments                           

100.00%



               Credit Quality Breakdown 



Portfolio %

                    AAA                                      

68.06%

                    AA                                        

0.58%

                    A                                          

3.90%

                    BBB                                     

11.22%

                    BB                                       

8.37%

                    B                                        

4.51%

                    CCC                                    

0.35%

                    CC                                        

0.05%

                    Not Rated                               

0.39%

                    Short Term Investments                 

2.57%

                    Total Investments                      

100.00%



          Portfolio Statistics: 


               Average Coupon:                           

6.72%

               Average Bond Price :                   

                     N/A

               Percentage of Leverage: 


                    Bank Borrowing:                       

0.00%

                    Investment Operations:               

                43.23%*

                    Preferred Stock:                          

0.00%

                    Tender Option Bonds:                   

0.00%

                    Term Asset-Backed Loans Facility (TALF):     

0.00%

                    Total Fund Leverage:                       

43.23%

               Average Maturity:                       

            11.76 Years

               Effective Duration:                    

              7.23 Years

               Total Net Assets:                    

         $2,292.37 Million

               Net Asset Value:                        

$9.44

               Number of Holdings:                      

379

               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.