NEW YORK, Sept. 28, 2015 /PRNewswire/ -- AB Income Fund, Inc. (NYSE: ACG) (the "Fund") today released its monthly portfolio update as of August 31, 2015.
AB Income Fund, Inc. |
|
Top 10 Fixed Income Holdings |
Portfolio % |
1) U.S. Treasury Bonds 6.375%, 8/15/27 |
20.70% |
2) U.S. Treasury Bonds 6.25%, 5/15/30 |
20.45% |
3) U.S. Treasury Notes 3.625%, 2/15/21 |
18.16% |
4) U.S. Treasury Bonds 6.50%, 11/15/26 |
14.52% |
5) U.S. Treasury Notes 2.125%, 8/31/20 |
8.61% |
6) U.S. Treasury Notes 3.125%, 5/15/21 |
5.71% |
7) U.S. Treasury Bonds 3.125%, 8/15/44 |
4.42% |
8) U.S. Treasury Bonds 8.75%, 8/15/20 |
2.97% |
9) Residual Funding Corp. Principal Strip Zero Coupon, 7/15/20 |
2.14% |
10) U.S. Treasury Bonds 8.00%, 11/15/21 |
2.06% |
Investment Type |
Portfolio % |
Global Governments |
104.75% |
Corporates - Non-Investment Grade |
|
Industrial |
|
Consumer Non-Cyclical |
2.04% |
Energy |
2.02% |
Communications - Media |
1.77% |
Communications - Telecommunications |
0.81% |
Basic |
0.78% |
Capital Goods |
0.67% |
Consumer Cyclical - Retailers |
0.63% |
Consumer Cyclical - Other |
0.46% |
Consumer Cyclical - Automotive |
0.36% |
Technology |
0.36% |
Transportation - Services |
0.36% |
Other Industrial |
0.21% |
Services |
0.21% |
Consumer Cyclical - Entertainment |
0.09% |
SUBTOTAL |
10.77% |
Credit Default Swaps |
2.08% |
SUBTOTAL |
2.08% |
Financial Institutions |
|
Banking |
1.07% |
Other Finance |
0.12% |
Finance |
0.09% |
REITS |
0.06% |
SUBTOTAL |
1.34% |
Utility |
|
Electric |
0.79% |
SUBTOTAL |
0.79% |
SUBTOTAL |
14.98% |
Collateralized Mortgage Obligations |
|
GSE Risk Share Floating Rate |
3.19% |
Non-Agency Fixed Rate |
1.70% |
Non-Agency Floating Rate |
0.65% |
Agency Fixed Rate |
0.17% |
SUBTOTAL |
5.71% |
Corporates - Investment Grade |
|
Industrial |
|
Communications - Telecommunications |
0.74% |
Basic |
0.68% |
Energy |
0.43% |
Capital Goods |
0.32% |
Consumer Non-Cyclical |
0.32% |
Consumer Cyclical - Retailers |
0.14% |
Transportation - Airlines |
0.08% |
SUBTOTAL |
2.71% |
Financial Institutions |
|
Insurance |
1.44% |
Banking |
0.52% |
SUBTOTAL |
1.96% |
Utility |
|
Electric |
0.20% |
SUBTOTAL |
0.20% |
Credit Default Swaps |
0.08% |
SUBTOTAL |
0.08% |
SUBTOTAL |
4.95% |
Agencies |
|
Agency Debentures |
3.96% |
SUBTOTAL |
3.96% |
Commercial Mortgage-Backed Securities |
|
Non-Agency Fixed Rate CMBS |
3.08% |
Non-Agency Floating Rate CMBS |
0.23% |
Credit Default Swaps |
0.22% |
SUBTOTAL |
3.53% |
Emerging Markets - Corporate Bonds |
|
Industrial |
|
Consumer Non-Cyclical |
0.50% |
Capital Goods |
0.38% |
Basic |
0.28% |
Communications - Telecommunications |
0.21% |
Transportation - Airlines |
0.16% |
Consumer Cyclical - Retailers |
0.14% |
SUBTOTAL |
1.67% |
SUBTOTAL |
1.67% |
Whole Loan Trusts |
|
Performing Asset |
1.35% |
SUBTOTAL |
1.35% |
Common Stocks |
1.20% |
Quasi-Sovereigns |
|
Quasi-Sovereign Bonds |
1.12% |
SUBTOTAL |
1.12% |
Emerging Markets - Sovereigns |
0.92% |
Local Governments - Municipal Bonds |
0.87% |
Preferred Stocks |
|
Financial Institutions |
0.50% |
Industrial |
0.20% |
SUBTOTAL |
0.70% |
Bank Loans |
|
Industrial |
|
Consumer Non-Cyclical |
0.14% |
Basic |
0.12% |
Energy |
0.10% |
Communications - Media |
0.08% |
Other Industrial |
0.05% |
Technology |
0.01% |
SUBTOTAL |
0.50% |
SUBTOTAL |
0.50% |
Governments - Sovereign Agencies |
0.49% |
Currency Instruments |
|
Forward Currency Exchange Contracts |
0.30% |
SUBTOTAL |
0.30% |
Investment Companies |
|
Funds and Investment Trusts |
0.16% |
SUBTOTAL |
0.16% |
Asset-Backed Securities |
|
Autos - Fixed Rate |
0.12% |
SUBTOTAL |
0.12% |
Options Purchased - Calls |
|
Swaptions |
0.01% |
SUBTOTAL |
0.01% |
Put Options Written |
-0.01% |
Interest Rate Swaps - SIFMA |
-38.96% |
Interest Rate Futures |
-46.22% |
Reverse Repurchase Agreements |
-51.96% |
Net Cash Equivalents |
|
Investment Companies |
4.26% |
Cash |
1.48% |
Foreign Currency |
-0.01% |
SUBTOTAL |
5.73% |
Derivative Offsets |
|
Futures Offsets |
46.61% |
Swaps Offsets |
37.52% |
SUBTOTAL |
84.13% |
100.00% |
|
Country Breakdown |
Portfolio % |
United States |
90.82% |
Brazil |
2.37% |
Mexico |
1.09% |
Canada |
0.93% |
Bermuda |
0.75% |
United Kingdom |
0.42% |
Luxembourg |
0.41% |
France |
0.31% |
Switzerland |
0.30% |
Indonesia |
0.29% |
Germany |
0.26% |
India |
0.26% |
Spain |
0.23% |
El Salvador |
0.22% |
Barbados |
0.15% |
Jamaica |
0.14% |
Dominican Republic |
0.12% |
Venezuela |
0.12% |
Italy |
0.11% |
Netherlands |
0.10% |
Ivory Coast |
0.09% |
South Africa |
0.08% |
Guatemala |
0.08% |
Pakistan |
0.07% |
Belgium |
0.07% |
Sri Lanka |
0.05% |
Zambia |
0.05% |
Morocco |
0.04% |
Australia |
0.03% |
Sweden |
0.02% |
Norway |
0.01% |
Peru |
0.01% |
Total Investments |
100.00% |
Net Currency Exposure Breakdown |
Portfolio % |
United States Dollar |
105.81% |
Swedish Krona |
1.05% |
Indonesian Rupiah |
1.02% |
Japanese Yen |
1.01% |
Mexican Peso |
0.01% |
New Zealand Dollar |
0.01% |
Malaysian Ringgit |
0.01% |
Norwegian Krone |
-0.03% |
Brazilian Real |
-0.03% |
Great British Pound |
-0.03% |
Taiwan New Dollar |
-0.48% |
South Korean Won |
-1.02% |
Singapore Dollar |
-2.00% |
Australian Dollar |
-2.41% |
Euro |
-2.92% |
Total Net Assets |
100.00% |
Credit Rating |
Portfolio % |
AAA |
56.56% |
A |
1.38% |
BBB |
10.63% |
BB |
7.14% |
B |
7.39% |
CCC |
2.88% |
CC |
0.34% |
D |
0.38% |
Not Rated |
4.81% |
Short Term Investments |
4.26% |
N/A |
4.23% |
100.00% |
|
Bonds By Maturity |
Portfolio % |
Less than 1 year |
-43.37% |
1 to 5 years |
20.18% |
5 to 10 years |
53.11% |
10 to 20 years |
60.57% |
20 to 30 years |
7.35% |
More than 30 years |
0.96% |
Other |
1.20% |
Total Net Assets |
100.00% |
Portfolio Statistics: |
|
Average Coupon: |
7.41% |
Average Bond Price : |
119.33 |
Percentage of Leverage: |
|
Bank Borrowing: |
0.00% |
Investment Operations: |
37.84%* |
Preferred Stock: |
0.00% |
Tender Option Bonds: |
0.00% |
Term Asset-Backed Loans Facility (TALF): |
0.00% |
Total Fund Leverage: |
37.84% |
Average Maturity: |
14.28 Years |
Effective Duration: |
4.57 Years |
Total Net Assets: |
$1,787.78 Million |
Net Asset Value: |
$8.25 |
Number of Holdings: |
458 |
Portfolio Turnover: |
32% |
* 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 AB Income Fund, Inc.
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