Alliance California Municipal Income Fund Releases Monthly Portfolio Update
NEW YORK, June 28, 2019 /PRNewswire/ -- Alliance California Municipal Income Fund, Inc. (NYSE: AKP) (the "Fund") today released its monthly portfolio update as of May 31, 2019.
Alliance California Municipal Income Fund, Inc. |
||
Top 10 Fixed-Income Holdings |
Portfolio % |
|
1) State of California Series 2009A 1.25%, 5/01/33 |
4.67% |
|
2) State of California Series 2004A5 1.35%, 5/01/34 |
4.67% |
|
3) City of Irvine CA (City of Irvine CA Assessment District No 97-17) 1.23%, 9/02/23 |
4.52% |
|
4) State of California Series 2018B 1.18%, 5/01/40 |
4.45% |
|
5) Bay Area Toll Authority Series 2013S 5.00%, 4/01/33 (Prerefunded/ETM) |
4.44% |
|
6) University of California Series 2018A 1.29%, 5/15/48 |
4.29% |
|
7) San Francisco City & County Public Utilities Commission Wastewater Revenue Series 2013B 5.00%, 10/01/32 |
4.10% |
|
8) San Diego County Water Authority Series 2013 5.00%, 5/01/31 |
3.74% |
|
9) State of California 1.20%, 5/01/34 |
3.21% |
|
10) California State Public Works Board Series 2011G 5.25%, 12/01/26 (Prerefunded/ETM) |
3.17% |
|
Sector/Industry Breakdown |
Portfolio % |
|
Cash Equivalents |
||
U.S. Treasury |
42.80% |
|
Investment Companies |
1.05% |
|
SUBTOTAL |
43.85% |
|
Note/VRDBs |
||
Money Market |
28.46% |
|
SUBTOTAL |
28.46% |
|
Prerefunded/ETM |
15.60% |
|
Revenue |
||
Water & Sewer |
7.85% |
|
Higher Education - Private |
1.71% |
|
Revenue - Miscellaneous |
1.13% |
|
SUBTOTAL |
10.69% |
|
Tax Supported |
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Special Tax |
1.40% |
|
SUBTOTAL |
1.40% |
|
Total |
100.00% |
|
State Breakdown |
Portfolio % |
|
California |
56.15% |
|
Other |
43.85% |
|
Total Investments |
100.00% |
|
Credit Quality Breakdown |
Portfolio % |
|
AAA |
3.74% |
|
AA |
6.64% |
|
BB |
1.71% |
|
Pre-refunded Bonds |
15.60% |
|
Short-Term Investments |
72.31% |
|
Total Investments |
100.00% |
|
Bonds By Maturity |
Portfolio % |
|
Less than 1 year |
72.31% |
|
1 to 5 years |
0.00% |
|
5 to 10 years |
4.30% |
|
10 to 20 years |
22.55% |
|
20 to 30 years |
0.84% |
|
More Than 30 years |
0.00% |
|
Other |
0.00% |
|
Total Investments |
100.00% |
|
Portfolio Statistics: |
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AMT Percent: |
3.58% |
|
Average Coupon: |
1.66% |
|
Percentage of Leverage: |
||
Bank Borrowing: |
0.00% |
|
Investment Operations: |
0.00% |
|
Auction Preferred Shares (APS): |
0.00% |
|
Tender Option Bonds: |
0.00% |
|
Variable Rate MuniFund Term Preferred Shares (VMTPs): |
0.00% |
|
Total Fund Leverage: |
0.00% |
|
Average Effective Maturity: |
0.94 Years |
|
Effective Duration: |
0.88 Years |
|
Total Net Assets: |
$128.81 Million |
|
Common Stock Net Asset Value: |
$15.06 |
|
Number of Holdings: |
25 |
|
Portfolio Turnover: |
17% |
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 Alliance California Municipal Income Fund, Inc.
Related Links
http://www.alliancebernstein.com
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