AllianceBernstein Income Fund Releases Monthly Portfolio Update

Oct 29, 2013, 16:06 ET from AllianceBernstein Income Fund

NEW YORK, Oct. 29, 2013 /PRNewswire/ -- AllianceBernstein Income Fund, Inc. (NYSE: ACG) (the "Fund") today released its monthly portfolio update as of September 30, 2013.

AllianceBernstein Income Fund, Inc.



Top 10 Fixed Income Holdings




Portfolio %


1) U.S. Treasury Bonds 6.00%, 2/15/26

15.31%


2) U.S. Treasury Bonds 6.375%, 8/15/27

12.44%


3) U.S. Treasury Notes 3.625%, 2/15/21

11.34%


4) U.S. Treasury Bonds 6.50%, 11/15/26

8.81%


5) U.S. Treasury Notes 2.125%, 8/31/20 - 8/15/21

6.97%


6) U.S. Treasury Notes 3.125%, 5/15/21

3.53%


7) U.S. Treasury Notes 2.625%, 11/15/20

2.43%


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

2.37%


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

1.24%


10) U.S. Treasury Notes 2.00%, 2/15/22

0.88%


Fixed Income Holdings by Security Type




Portfolio %


Governments - Treasuries



Treasuries

62.81%


SUBTOTAL

62.81%


Corporates - Non-Investment Grades



Industrial



Communications - Media

1.93%


Energy

1.35%


Consumer Non-Cyclical

1.34%


Capital Goods

1.06%


Technology

0.73%


Basic

0.65%


Consumer Cyclical - Automotive

0.54%


Communications - Telecommunications

0.49%


Consumer Cyclical - Other

0.46%


Consumer Cyclical - Retailers

0.46%


Services

0.31%


Other Industrial

0.12%


Transportation - Services

0.10%








Consumer Cyclical - Entertainment

0.03%


SUBTOTAL

9.57%


Financial Institutions



Banking

0.64%


Other Finance

0.32%


Brokerage

0.10%


REITS

0.10%


Insurance

0.09%


Finance

0.07%


SUBTOTAL

1.32%


Utility



Electric

0.87%


Natural Gas

0.28%


SUBTOTAL

1.15%


SUBTOTAL

12.04%


Corporates - Investment Grades



Industrial



Communications - Telecommunications

0.97%


Capital Goods

0.56%


Basic

0.55%


Energy

0.44%


Consumer Non-Cyclical

0.36%


Communications - Media

0.34%


Technology

0.24%


Consumer Cyclical - Retailers

0.18%


Consumer Cyclical - Entertainment

0.11%


Consumer Cyclical - Other

0.08%


Transportation - Airlines

0.06%


Transportation - Services

0.04%


Consumer Cyclical - Automotive

0.03%


SUBTOTAL

3.96%


Financial Institutions



Insurance

0.91%


Banking

0.81%


REITS

0.39%


Finance

0.10%


Other Finance

0.01%


SUBTOTAL

2.22%


Non Corporate Sectors



Agencies - Not Government Guaranteed

0.98%


SUBTOTAL

0.98%


Utility



Electric

0.09%


Natural Gas

0.06%


SUBTOTAL

0.15%


SUBTOTAL

7.31%


Agencies



Agency Subordinated

2.37%


Agency Debentures

2.28%


SUBTOTAL

4.65%


Collateralized Mortgage Obligations









Non-Agency Fixed Rate

1.35%


Non-Agency Floating Rate

0.92%


Agency Fixed Rate

0.02%


SUBTOTAL

2.29%


Emerging Markets - Corporate Bonds



Industrial



Consumer Non-Cyclical

0.55%


Basic

0.27%


Capital Goods

0.23%


Communications - Telecommunications

0.22%


Energy

0.16%


Consumer Cyclical - Retailers

0.14%


Transportation - Airlines

0.12%


Communications - Media

0.06%


SUBTOTAL

1.75%


SUBTOTAL

1.75%


Mortgage Pass-Throughs



Agency Fixed Rate 30-Year

0.79%


Agency ARMs

0.46%


SUBTOTAL

1.25%


Commercial Mortgage-Backed Securities



Non-Agency Fixed Rate CMBS

0.92%


Non-Agency Floating Rate CMBS

0.23%


SUBTOTAL

1.15%


Quasi-Sovereigns



Quasi-Sovereign Bonds

1.15%


SUBTOTAL

1.15%


Bank Loans



Industrial



Consumer Non-Cyclical

0.42%


Consumer Cyclical - Automotive

0.26%


Technology

0.14%


Communications - Media

0.12%


Basic

0.10%


Other Industrial

0.04%


Consumer Cyclical - Other

0.03%


Energy

0.01%


SUBTOTAL

1.12%


SUBTOTAL

1.12%


Local Governments - Municipal Bonds

0.87%


Preferred Stocks



Financial Institutions

0.73%


Industrial

0.10%


SUBTOTAL

0.83%


Governments - Sovereign Bonds

0.54%


Common Stocks

0.42%


Governments - Sovereign Agencies

0.39%


Emerging Markets - Sovereigns

0.33%


Short-Term Investments



Investment Companies

1.10%


Total Fixed Income

100.00%








Country Breakdown




Portfolio %


United States

89.41%


Brazil

2.00%


Russia

1.52%


United Kingdom

0.83%


Mexico

0.78%


Canada

0.73%


Netherlands

0.44%


Germany

0.40%


Luxembourg

0.39%


Switzerland

0.37%


Indonesia

0.28%


Hungary

0.27%


India

0.23%


France

0.22%


Colombia

0.22%


Venezuela

0.21%


El Salvador

0.21%


Croatia

0.21%


Peru

0.20%


Spain

0.18%


Norway

0.14%


Portugal

0.13%


Belarus

0.12%


South Africa

0.12%


Barbados

0.10%


Belgium

0.10%


Singapore

0.07%


Australia

0.07%


Jamaica

0.05%


Total Investments

100.00%


Net Currency Exposure Breakdown




Portfolio %


United States Dollar

102.13%


Russian Rubles

0.95%


Brazilian Real

0.06%


Euro

-0.01%


Czech Koruny

-0.01%


Japanese Yen

-1.01%


Australian Dollar

-1.04%


Great British Pound

-1.07%


Total Investments

100.00%


Credit Quality Breakdown




Portfolio %


AAA

68.96%


AA

0.10%


A

2.10%


BBB

9.50%


BB

8.40%


B

6.73%


CCC

2.42%


CC

0.36%


D

0.16%


Not Rated

0.16%


Short Term Investments

1.11%


Total Investments

100.00%


Portfolio Statistics:



Average Coupon:

7.82%


Average Bond Price :

115.71


Percentage of Leverage:



Bank Borrowing:

0.00%


Investment Operations:

46.75%*


Preferred Stock:

0.00%


Tender Option Bonds:

0.00%


Term Asset-Backed Loans Facility (TALF):

0.00%


Total Fund Leverage:

46.75%


Average Maturity:

14.39 Years


Effective Duration:

7.93 Years


Total Net Assets:

$2,007.45 Million


Net Asset Value:

$8.26


Number of Holdings:

361


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