AllianceBernstein Income Fund Releases Monthly Portfolio Update

27 Aug, 2013, 16:06 ET from AllianceBernstein Income Fund, Inc.

NEW YORK, Aug. 27, 2013 /PRNewswire/ -- AllianceBernstein Income Fund, Inc. (NYSE: ACG) (the "Fund") today released its monthly portfolio update as of July 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

13.77%

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

12.59%

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

11.69%

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

7.97%

      5) U.S. Treasury Notes 1.625%, 8/15/22 - 11/15/22

4.86%

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

4.25%

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

3.72%

      8) Federal National Mortgage Association 5.375%,

2.31%

          6/12/17

      9) Residual Funding Corp. Principal Strip Zero

1.21%

          Coupon, 7/15/20

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

0.98%

Fixed Income Holdings by Security Type

Portfolio %

      Governments - Treasuries

            Treasuries

62.06%

      SUBTOTAL

62.06%

      Corporates - Non-Investment Grades             Industrial

                  Communications - Media

1.87%

                  Energy

1.54%

                  Consumer Non-Cyclical

1.25%

                  Capital Goods

1.12%

                  Technology

0.70%

                  Consumer Cyclical - Automotive

0.64%

                  Basic

0.61%

                  Consumer Cyclical - Retailers

0.46%

                  Consumer Cyclical - Other

0.45%

                  Communications - Telecommunications

0.37%

                  Services

0.26%

                  Other Industrial

0.12%

                  Transportation - Services

0.10%

                  Consumer Cyclical - Entertainment

0.03%

              SUBTOTAL

9.52%

            Financial Institutions

                  Banking

0.71%

                  Other Finance

0.31%

                  Brokerage

0.10%

                  REITS

0.10%

                  Insurance

0.09%

              SUBTOTAL

1.31%

            Utility

                  Electric

0.75%

                  Natural Gas

0.19%

              SUBTOTAL

0.94%

      SUBTOTAL

11.77%

    Corporates - Investment Grades

            Industrial

                  Communications - Telecommunications

0.99%

                  Capital Goods

0.55%

                  Basic

0.53%

                  Energy

0.42%

                  Consumer Non-Cyclical

0.36%

                  Communications - Media

0.33%

                  Technology

0.24%

                  Consumer Cyclical - Retailers

0.18%

                  Consumer Cyclical - Entertainment

0.11%

                  Consumer Cyclical - Other

0.07%

                  Transportation - Airlines

0.06%

                  Transportation - Services

0.04%

                  Consumer Cyclical - Automotive

0.03%

              SUBTOTAL

3.91%

            Financial Institutions

                  Insurance

0.89%

                  Banking

0.58%

                  REITS

0.38%

                  Finance

0.10%

                  Other Finance

0.01%

              SUBTOTAL

1.96%

            Non Corporate Sectors

                  Agencies - Not Government Guaranteed

1.03%

              SUBTOTAL

1.03%

            Utility

                  Electric

0.19%

                  Natural Gas

0.06%

              SUBTOTAL

0.25%

      SUBTOTAL

7.15%

    Agencies

            Agency Subordinated

2.31%

            Agency Debentures

2.23%

      SUBTOTAL

4.54%

    Collateralized Mortgage Obligations

            Non-Agency Fixed Rate

1.44%

            Non-Agency Floating Rate

0.78%

            Agency Fixed Rate

0.02%

      SUBTOTAL

2.24%

    Emerging Markets - Corporate Bonds

            Industrial

                  Consumer Non-Cyclical

0.74%

                  Basic

0.26%

                  Communications - Telecommunications

0.21%

                  Energy

0.16%

                  Capital Goods

0.14%

                  Transportation - Airlines

0.12%

                  Communications - Media

0.06%

              SUBTOTAL

1.69%

            Financial Institutions

                  Banking

0.14%

              SUBTOTAL

0.14%

      SUBTOTAL

1.83%

    Mortgage Pass-Throughs

            Agency Fixed Rate 30-Year

1.02%

            Agency ARMs

0.45%

      SUBTOTAL

1.47%

    Bank Loans

          Industrial

                  Consumer Non-Cyclical

0.43%

                  Consumer Cyclical - Automotive

0.26%

                  Technology

0.20%

                  Basic

0.13%

                  Communications - Media

0.12%

                  Consumer Cyclical - Entertainment

0.10%

                  Consumer Cyclical - Retailers

0.07%

                  Other Industrial

0.04%

                  Consumer Cyclical - Other

0.02%

                  Energy

0.01%

              SUBTOTAL

1.38%

      SUBTOTAL

1.38%

    Quasi-Sovereigns

            Quasi-Sovereign Bonds

1.14%

      SUBTOTAL

1.14%

    Commercial Mortgage-Backed Securities

            Non-Agency Fixed Rate CMBS

0.83%

            Non-Agency Floating Rate CMBS

0.22%

       SUBTOTAL

1.05%

    Local Governments - Municipal Bonds

0.87%

    Emerging Markets - Sovereigns

0.85%

    Preferred Stocks

            Financial Institutions

0.74%

            Industrial

0.11%

      SUBTOTAL

0.85%

    Governments - Sovereign Bonds

0.63%

    Common Stocks

0.39%

    Governments - Sovereign Agencies

0.25%

    Options Purchased - Puts

            Options on Forward Contracts

0.02%

       SUBTOTAL

0.02%

    Short-Term Investments

            Investment Companies

1.51%

    Total Fixed Income

100.00%

Country Breakdown

Portfolio %

United States

88.98%

Brazil

2.15%

Russia

1.48%

United Kingdom

0.94%

Canada

0.73%

Mexico

0.55%

Argentina

0.53%

Netherlands

0.42%

Luxembourg

0.37%

Croatia

0.31%

Indonesia

0.29%

Germany

0.28%

Hungary

0.26%

India

0.24%

Switzerland

0.23%

Colombia

0.22%

Venezuela

0.21%

El Salvador

0.20%

Spain

0.19%

Peru

0.19%

Nigeria

0.14%

Norway

0.13%

Belarus

0.13%

Portugal

0.13%

South Africa

0.11%

France

0.10%

Barbados

0.10%

Belgium

0.10%

Australia

0.09%

United Arab Emirates

0.08%

Singapore

0.07%

Jamaica

0.05%

Total Investments

100.00%

Net Currency Exposure Breakdown

Portfolio %

United States Dollar

105.55%

Russian Rubles

0.91%

Singapore Dollar

0.52%

Nigerian Naira

0.20%

Brazilian Real

0.07%

Mexican Peso

0.01%

Czech Koruny

-0.01%

Japanese Yen

-1.02%

Canadian Dollar

-2.02%

Great British Pound

-2.03%

Euro

-2.18%

Total Investments

100.00%

Credit Quality Breakdown

Portfolio %

                  AAA

68.31%

                  AA

0.10%

                  A

2.14%

                  BBB

9.35%

                  BB

7.90%

                  B

7.58%

                  CCC

2.37%

                  CC

0.38%

                  D

0.10%

                  Not Rated

0.25%

                  Short Term Investments

1.52%

                  Total Investments

100.00%

Portfolio Statistics:

      Average Coupon:

8.47%

      Average Bond Price :

118.48

      Percentage of Leverage:

                  Bank Borrowing:

0.00%

                  Investment Operations:

51.39%*

                  Preferred Stock:

0.00%

                  Tender Option Bonds:

0.00%

                  Term Asset-Backed Loans Facility (TALF):

0.00%

                  Total Fund Leverage:

51.39%

      Average Maturity:

14.85 Years

      Effective Duration:

8.77 Years

      Total Net Assets:

$2,024.78 Million

      Net Asset Value:

$8.34

      Number of Holdings:

366

      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.