AllianceBernstein Income Fund Releases Monthly Portfolio Update

23 Apr, 2013, 16:06 ET from AllianceBernstein Income Fund, Inc.

NEW YORK, April 23, 2013 /PRNewswire/ -- AllianceBernstein Income Fund, Inc. (NYSE: ACG) (the "Fund") today released its monthly portfolio update as of March 31, 2013.

 

AllianceBernstein Income Fund, Inc.

Top 10 Fixed Income Holdings 

Portfolio %

1) U.S. Treasury Notes

2.625%, 8/15/20 - 11/15/20

14.87%

2) U.S. Treasury Bonds

6.625%, 2/15/27

12.86%

3) U.S. Treasury Bonds

6.875%, 8/15/25

11.89%

4) U.S. Treasury Bonds

6.125%, 11/15/27

8.17%

5) U.S. Treasury Bonds

7.625%, 2/15/25

4.32%

6) U.S. Treasury Notes

1.625%, 8/15/22

4.11%

7) U.S. Treasury Bonds

8.00%, 11/15/21

3.74%

8) Federal National Mortgage Association 6/12/17 

5.375%

2.26%

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

Zero

1.76%

10) U.S. Treasury Bonds

6.25%, 8/15/23

1.00%

 

Fixed Income Holdings by Security Type

Portfolio %

Governments - Treasuries

Treasuries

62.20%

SUBTOTAL

62.20%

Corporates - Non-Investment Grades

Industrial

Communications - Media

1.60%

Consumer Non-Cyclical 

1.46%

Capital Goods

1.44%

Energy

1.36%

Basic

0.83%

Technology

0.70%

Consumer Cyclical - Other

0.63%

Consumer Cyclical - Automotive

0.52%

Consumer Cyclical - Retailers

0.44%

Communications - Telecommunications

0.41%

Services

0.25%

Transportation - Airlines

0.10%

Consumer Cyclical - Restaurants

0.07%

Other Industrial

0.05%

Consumer Cyclical - Entertainment

0.03%

SUBTOTAL

9.89%

Utility

Electric

0.74%

Natural Gas

0.18%

SUBTOTAL

0.92%

Financial Institutions

Banking

0.32%

Other Finance

0.31%

Brokerage 

0.10%

REITS

0.10%

SUBTOTAL

0.83%

SUBTOTAL

11.64%

Corporates - Investment Grades 

Industrial

Communications - Telecommunications

1.18%

Energy 

0.83%

Capital Goods

0.56%

Basic

0.46%

Consumer Non-Cyclical

0.37%

Communications - Media

0.31%

Technology

0.25%

Consumer Cyclical - Retailers 

0.18%

Consumer Cyclical - Other

0.14%

Consumer Cyclical - Entertainment

0.11%

Transportation - Airlines

0.06%

Transportation - Services 

0.04%

Consumer Cyclical - Automotive 

0.03%

SUBTOTAL

4.52%

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  

0.36%

Natural Gas

0.09%

SUBTOTAL 

0.45%

SUBTOTAL 

8.29%

Agencies

Agency Debentures

2.83%

Agency Subordinated 

2.26%

SUBTOTAL 

5.09%

Collateralized Mortgage Obligations 

Non-Agency Fixed Rate 

1.41%

Non-Agency Floating Rate

0.79%

SUBTOTAL 

2.20%

Mortgage Pass-Throughs

Agency Fixed Rate 30-Year

1.32%

Agency ARMs

0.45%

SUBTOTAL 

1.77%

Bank Loans

Industrial

Consumer Non-Cyclical

0.30%

Consumer Cyclical - Automotive

0.22%

Consumer Cyclical - Retailers

0.15%

Other Industrial

0.15%

Basic

0.10%

Consumer Cyclical - Other 

0.09%

Capital Goods

0.08%

Communications - Telecommunications 

0.06%

Technology

0.06%

Communications - Media

0.05%

Consumer Cyclical - Entertainment

0.05%

Energy

0.01%

SUBTOTAL

1.32%

Financial Institutions

REITS

0.02%

SUBTOTAL

0.02%

SUBTOTAL

1.34%

Emerging Markets - Sovereigns

1.30%

Emerging Markets - Corporate Bonds

Industrial

Consumer Non-Cyclical  

0.36%

Basic

0.24%

Communications - Media 

0.20%

Communications - Telecommunications  

0.17%

Capital Goods

0.09%

Transportation - Airlines

0.03%

SUBTOTAL

1.09%

Financial Institutions

Banking

0.15%

Other Finance

0.01%

SUBTOTAL 

0.16%

SUBTOTAL  

1.25%

Quasi-Sovereigns

Quasi-Sovereign Bonds

1.20%

SUBTOTAL

1.20%

Local Governments - Municipal Bonds

1.05%

Preferred Stocks

Financial Institutions

0.66%

Industrial

0.11%

Non Corporate Sectors 

0.01%

SUBTOTAL

0.78%

Commercial Mortgage-Backed Securities  

Non-Agency Fixed Rate CMBS 

0.56%

SUBTOTAL 

0.56%

Governments - Sovereign Agencies

0.24%

Governments - Sovereign Bonds

0.23%

Non-Agency Fixed Rate CMBS 

0.23%

Common Stocks 

0.03%

Short-Term Investments

Investment Companies

0.60%

Total Fixed Income

100.00%

 

Country Breakdown

Portfolio %

United States

88.45%

Brazil

2.34%

Russia

1.49%

Canada

0.81%

United Kingdom 

0.70%

Turkey

0.69%

Mexico

0.53%

Argentina

0.42%

Netherlands 

0.37%

India

0.37%

Luxembourg

0.36%

Indonesia

0.32%

Croatia 

0.30%

Germany

0.27%

Hungary

0.24%

El Salvador

0.23%

Colombia 

0.22%

Peru 

0.21%

Venezuela

0.21%

Switzerland

0.17%

Slovenia 

0.17%

Spain  

0.17%

Nigeria 

0.15%

Barbados 

0.14%

Belarus 

0.13%

Portugal 

0.13%

Norway   

0.12%

France 

0.09%

United Arab Emirates

0.08%

Australia 

0.07%

Jamaica 

0.05%

Total Investments   

100.00%

 

Net Currency Exposure Breakdown

Portfolio %

United States Dollar 

100.26%

Mexican Peso

2.07%

Russian Rubles

0.92%

South Korean Won

0.52%

Singapore Dollar 

0.50%

Swedish Krona 

0.50%

Norwegian Krone

0.49%

New Turkish Lira 

0.49%

Nigerian Naira 

0.22%

Brazilian Real  

0.10%

Japanese Yen 

0.07%

Euro 

-0.10%

Canadian Dollar  

-2.01%

Great British Pound 

-4.03%

Total Investments 

100.00%

 

Credit Quality Breakdown

Portfolio %

AAA 

68.21%

AA

0.10%

A

2.26%

BBB

10.93%

BB

8.67%

6.48%

CCC 

2.08%

CC

0.39%

D

0.10%

Not Rated

0.18%

Short Term Investments 

0.60%

Total Investments

100.00%

 

Portfolio Statistics:

Average Coupon: 

8.54%

Average Bond Price:

N/A

Percentage of Leverage:

Bank Borrowing:

0.00%

Investment Operations:

49.93%*

Preferred Stock:

0.00%

Tender Option Bonds:

0.00%

Term Asset-Backed Loans Facility (TALF):

0.00%

Total Fund Leverage:

49.93%

Average Maturity:

14.83 Years

Effective Duration: 

8.93 Years

Total Net Assets:

$2,156.92 Million

Net Asset Value: 

$8.88

Number of Holdings:

377

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.