AllianceBernstein Income Fund Releases Monthly Portfolio Update

Apr 23, 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.