AllianceBernstein Income Fund Releases Monthly Portfolio Update

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.



More by this Source


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.