Alliance California Municipal Income Fund Releases Monthly Portfolio Update
NEW YORK, Jan. 26 /PRNewswire-FirstCall/ -- Alliance California Municipal Income Fund, Inc. (NYSE: AKP) (the "Fund") today released its monthly portfolio update as of
December 31, 2009.
Alliance California Municipal Income Fund, Inc. |
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Top 10 Fixed-Income Holdings |
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Portfolio% |
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1)Los Angeles CA USD GO NPFGC Series 02E 5.125%, 1/01/27 (Prerefunded/ETM) |
5.60% |
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2)Los Angeles CA Dept W&P Pwr NPFGC-RE Series 01A 5.125%, 7/01/41 |
5.07% |
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3)California GO 5.25%, 4/01/30 (Prerefunded/ETM) |
4.93% |
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4)Palo Alto CA Univ Ave AD Series 02A 5.875%, 9/02/30 |
3.71% |
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5)Puerto Rico Hwy & Trnsp Auth Series 02D 5.375%, 7/01/36 (Prerefunded/ETM) |
3.61% |
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6)Puerto Rico Elec Pwr Auth XLCA Series 02-2 5.25%, 7/01/31 (Prerefunded/ETM) |
3.40% |
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7)Los Angeles CA Cmnty Redev Agy (Los Angeles CA CRA Grand Ctrl) AMBAC Series 02 5.375%, 12/01/26 |
3.36% |
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8)California Infra & Eco Dev Bk (YMCA of Metro Los Angeles) AMBAC Series 01 5.25%, 2/01/32 |
3.02% |
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9)Los Angeles CA Harbor Dept 5.00%, 8/01/26 |
2.96% |
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10)Temecula CA Redev Agy NPFGC Series 02 5.25%, 8/01/36 |
2.79% |
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Sector/Industry Breakdown |
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Portfolio% |
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Prerefunded/ETM |
22.50% |
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Special Tax |
13.49% |
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Airport/Ports |
7.96% |
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Health Care - Not-for-Profit |
7.92% |
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Higher Education |
6.46% |
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Water & Sewer |
6.23% |
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Tax-Supported Local Lease |
5.80% |
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Housing - Multi-Family |
5.23% |
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Revenue - Miscellaneous |
4.92% |
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Assessment District |
4.76% |
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State G.O. |
4.14% |
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Local G.O. |
3.52% |
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Toll Roads/Transit |
1.98% |
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Insured |
1.61% |
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Tax-Supported State Lease |
1.56% |
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Primary/Secondary Ed. - Private |
1.09% |
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Higher Education - Private |
0.73% |
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Money Market |
0.10% |
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Total |
100.00% |
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State Breakdown |
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Portfolio% |
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California |
89.98% |
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Puerto Rico |
8.59% |
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Nevada |
1.07% |
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Ohio |
0.22% |
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Colorado |
0.14% |
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Total |
100.00% |
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Credit Quality Breakdown |
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Portfolio% |
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AAA |
40.86% |
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AA |
22.44% |
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A |
24.94% |
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BBB |
10.20% |
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BB |
1.46% |
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A-1 |
0.10% |
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Total Investments |
100.00% |
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Portfolio Statistics |
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AMT Percentage: |
16.51% |
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Average Coupon: |
5.00% |
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Percentage of Leverage: |
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Bank Loans: |
0.00% |
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Investment Operations: |
3.29% |
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Preferred Stock: |
26.56% |
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Total Fund Leverage: |
29.85%* |
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Avg. Maturity: |
10.21 Years |
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Effective Duration: |
6.86 Years |
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Total Net Assets: |
$191.7 Million |
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Net Asset Value: |
$13.95 |
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Number of Holdings: |
69 |
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* The total percentage of leverage constitutes 26.56% in issued and outstanding preferred stock and 3.29% in investment operations, which may include the use of certain portfolio management techniques such as tender option bonds, 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 Alliance California Municipal Income Fund, Inc.
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