AllianceBernstein Income Fund Releases Monthly Portfolio Update

25 Mar, 2013, 16:06 ET from AllianceBernstein Income Fund, Inc.

NEW YORK, March 25, 2013 /PRNewswire/ -- AllianceBernstein Income Fund, Inc. [NYSE: ACG] (the "Fund") today released its monthly portfolio update as of February 28, 2013.

 

AllianceBernstein Income Fund, Inc.






Top 10 Fixed Income Holdings






Portfolio %


1)

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

16.04%


2)

U.S. Treasury Bonds 6.625%, 2/15/27

12.83%


3)

U.S. Treasury Bonds 6.875%, 8/15/25

11.87%


4)

U.S. Treasury Bonds 6.125%, 11/15/27

8.15%


5)

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

4.31%


6)

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

3.74%


7)

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

3.08%


8)

Federal National Mortgage Association 5.375%, 6/12/17        

2.26%


9)

Residual Funding Corp. Principal Strip  Zero Coupon, 7/15/20          

1.74%


10)

U.S. Treasury Bonds 6.25%, 8/15/23                  

0.99%






Fixed Income Holdings by Security Type






Portfolio %


Governments - Treasuries




Treasuries                                      

61.92%


SUBTOTAL                                               

61.92%


Corporates - Non-Investment Grades




Industrial





Communications - Media                     

1.59%




Capital Goods                                   

1.49%




Consumer Non-Cyclical                      

1.43%




Energy                                          

1.20%




Basic                                         

1.06%




Technology                                  

0.69%




Consumer Cyclical - Other              

0.61%




Consumer Cyclical - Retailers            

0.58%




Consumer Cyclical - Automotive             

0.52%




Communications - Telecommunications            

0.36%




Services                                      

0.25%




Transportation - Airlines                      

0.10%




Consumer Cyclical - Restaurants                

0.07%




Other Industrial                         

0.07%




Consumer Cyclical - Entertainment            

0.03%



SUBTOTAL                                          

10.05%



Utility





Electric                                          

0.97%




Natural Gas                                   

0.19%



SUBTOTAL                                        

1.16%



Financial Institutions





Banking                                        

0.33%




Other Finance                               

0.30%




REITS                                          

0.10%




Brokerage                                    

0.09%




Finance                                       

0.05%



SUBTOTAL                                     

0.87%


SUBTOTAL                                    

12.08%


Corporates - Investment Grades




Industrial





Communications - Telecommunications          

1.20%




Energy                                       

0.83%




Capital Goods                                

0.61%




Consumer Non-Cyclical                      

0.37%




Communications - Media                    

0.31%




Basic                                          

0.30%




Technology                                      

0.25%




Consumer Cyclical - Retailers              

0.18%




Consumer Cyclical - Other                   

0.14%




Consumer Cyclical - Entertainment          

0.11%




Transportation - Airlines                       

0.05%




Transportation - Services                     

0.04%




Consumer Cyclical - Automotive            

0.03%



SUBTOTAL                                         

4.42%



Financial Institutions





Insurance                                      

0.90%




Banking                                        

0.77%




REITS                                          

0.44%




Finance                                       

0.10%




Other Finance                              

0.01%



SUBTOTAL                                        

2.22%



Non Corporate Sectors





Agencies - Not Government Guaranteed          

1.10%



SUBTOTAL                                        

1.10%



Utility





Electric                                       

0.11%




Natural Gas                                   

0.09%



SUBTOTAL                                          

0.20%


SUBTOTAL                                                 

7.94%


Agencies




Agency Debentures                                   

2.81%



Agency Subordinated                                

2.26%


SUBTOTAL                                                

5.07%


Mortgage Pass-Throughs




Agency Fixed Rate 30-Year                        

2.16%



Agency ARMs                                          

0.45%


SUBTOTAL                                               

2.61%


Collateralized Mortgage Obligations




Non-Agency Fixed Rate                               

1.38%



Non-Agency Floating Rate                           

0.59%


SUBTOTAL                                                

1.97%


Bank Loans




Industrial





Consumer Non-Cyclical                        

0.32%




Consumer Cyclical - Retailers               

0.23%




Consumer Cyclical - Automotive            

0.19%




Other Industrial                                

0.15%




Basic                                         

0.10%




Technology                                     

0.09%




Capital Goods                                  

0.08%




Communications - Media                           

0.07%




Communications - Telecommunications            

0.06%




Consumer Cyclical - Other                     

0.05%




Energy                                        

0.01%



SUBTOTAL                                          

1.35%



Financial Institutions





REITS                                       

0.03%



SUBTOTAL                                           

0.03%


SUBTOTAL                                              

1.38%


Emerging Markets – Sovereigns                   

1.37%


Emerging Markets - Corporate Bonds




Industrial





Basic                                         

0.24%




Consumer Non-Cyclical                             

0.21%




Communications - Media                         

0.20%




Communications - Telecommunications           

0.17%




Other Industrial                                 

0.13%




Capital Goods                                   

0.09%




Consumer Cyclical - Other                    

0.04%




Transportation - Airlines                        

0.03%



SUBTOTAL                                           

1.11%



Financial Institutions





Banking                                        

0.16%




Other Finance                                 

0.01%



SUBTOTAL                                           

0.17%


SUBTOTAL                                                   

1.28%


Local Governments - Municipal Bonds                 

1.03%


Quasi-Sovereigns




Quasi-Sovereign Bonds                         

0.85%


SUBTOTAL                                            

0.85%


Preferred Stocks




Financial Institutions                              

0.49%



Non Corporate Sectors                            

0.01%


SUBTOTAL                                             

0.50%


Commercial Mortgage-Backed Securities




Non-Agency Fixed Rate CMBS                          

0.49%


SUBTOTAL                                                 

0.49%


Governments - Sovereign Agencies                  

0.25%


Governments - Sovereign Bonds                       

0.07%


Common Stocks                                            

0.03%


Short-Term Investments




Investment Companies                                 

1.16%


Total Fixed Income                                      

100.00%







Country Breakdown






Portfolio %


United States                                         

89.40%


Brazil                                                   

2.28%


Russia                                                 

1.14%


United Kingdom                                     

0.70%


Canada                                                 

0.64%


Mexico                                                

0.57%


Argentina                                              

0.47%


India                                                  

0.37%


Netherlands                                        

0.37%


Luxembourg                                         

0.36%


Turkey                                                

0.36%


Germany                                              

0.34%


Indonesia                                            

0.32%


Croatia                                               

0.30%


Hungary                                             

0.25%


El Salvador                                         

0.24%


Colombia                                            

0.22%


Peru                                                  

0.21%


Venezuela                                          

0.21%


Spain                                                

0.17%


Switzerland                                          

0.17%


Nigeria                                               

0.16%


Barbados                                           

0.14%


Belarus                                               

0.13%


Norway                                               

0.12%


Portugal                                               

0.12%


France                                                 

0.09%


United Arab Emirates                           

0.08%


Australia                                              

0.07%


Total Investments                                  

100.00%






Net Currency Exposure Breakdown






Portfolio %


United States Dollar                               

102.17%


Mexican Peso                                       

2.00%


Swedish Krona                                           

0.97%


South Korean Won                                     

0.53%


Singapore Dollar                                      

0.50%


Russian Rubles                                       

0.42%


Nigerian Naira                                         

0.23%


Brazilian Real                                       

0.03%


Euro                                                    

0.03%


Canadian Dollar                                    

-0.98%


Japanese Yen                                      

-2.48%


Great British Pound                              

-3.42%


Total Investments                                 

100.00%








Credit Quality Breakdown






Portfolio %




AAA                                    

69.09%




AA                                       

0.10%




A                                         

2.11%




BBB                                     

9.72%




BB                                       

9.11%




B                                          

6.01%




CCC                                      

2.03%




CC                                         

0.22%




D                                          

0.10%




Not Rated                               

0.35%




Short Term Investments              

1.16%




Total Investments                      

100.00%







Portfolio Statistics:




Average Coupon:                                   

8.50%



Average Bond Price :                           

             N/A



Percentage of Leverage:





Bank Borrowing:                             

0.00%




Investment Operations:                   

            47.16%*




Preferred Stock:                             

0.00%




Tender Option Bonds:                     

0.00%




Term Asset-Backed Loans Facility (TALF):     

0.00%




Total Fund Leverage:                          

47.16%



Average Maturity:                             

      14.97 Years



Effective Duration:                          

        9.22 Years



Total Net Assets:                 

            $2,155.46 Million



Net Asset Value:                                 

$8.87



Number of Holdings:                           

381



Portfolio Turnover:                             

58%

 

* 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.