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