Alliance New York Municipal Income Fund Releases Monthly Portfolio Update
NEW YORK, Dec. 22, 2011 /PRNewswire/ -- Alliance New York Municipal Income Fund, Inc. (NYSE: AYN) (the "Fund") today released its monthly portfolio update as of November 30, 2011.
Alliance New York Municipal Income Fund, Inc.
| Top 10 Fixed-Income Holdings |
|
|
|
Portfolio % |
| 1) New York St Mortgage Agy SFMR (New York St Mortgage Agy) Series 01-29 5.45%, 4/01/31 |
7.27% |
| 2) Metropolitan Trnsp Auth NY Series 02A 5.125%, 11/15/31 |
4.95% |
| 3) New York St Dormitory Auth (Maimonides Med Ctr) NPFGC Series 04 5.75%, 8/01/29 |
4.65% |
| 4) New York NY Mun Wtr Fin Auth Series 02A 5.125%, 6/15/34 |
4.44% |
| 5) New York St UDC Series 02A 5.25%, 3/15/32 (Prerefunded/ETM) |
4.43% |
| 6) New York NY Trst for Cult Res (Museum Of Modern Art) AMBAC Series 01D 5.125%, 7/01/31 |
4.41% |
| 7) Erie Cnty NY Fiscal Stability Auth (Erie Cnty Ny Sales Tax) Series 2011C 5.00%, 12/01/25 |
4.00% |
| 8) New York St Thruway Auth (New York St Thruway Auth Ded Tax) Series 2011A 5.00%, 4/01/25 |
3.97% |
| 9) Puerto Rico Sales Tax Fin Corp. 5.50%, 8/01/28 |
3.74% |
| 10) Tobacco Settlement Fin Corp. NY (New York St Lease Tobacco Asset Sec) AMBAC Series 03A-1 5.25%, 6/01/21 |
3.71% |
|
|
|
| Sector/Industry Breakdown |
|
|
|
Portfolio % |
| Revenue |
|
| Water & Sewer |
9.17% |
| Health Care - Not-for-Profit |
8.34% |
| Toll Roads/Transit |
8.08% |
| Revenue - Miscellaneous |
4.41% |
| Higher Education - Private |
2.68% |
| Electric Utility |
1.98% |
| Senior Living |
1.74% |
| Industrial Development - Airline |
0.91% |
| Industrial Development - Utility |
0.21% |
| SUBTOTAL |
37.52% |
| Tax Supported |
|
| Special Tax |
22.15% |
| Tax-Supported State Lease |
5.45% |
| Local G.O. |
4.66% |
| State G.O. |
2.37% |
| Assessment District |
1.28% |
| SUBTOTAL |
35.91% |
| Prerefunded/ETM |
14.04% |
| Asset-Backed |
|
| Housing - Single Family |
8.55% |
| Housing - Multi-Family |
2.93% |
| SUBTOTAL |
11.48% |
| Cash Equivalents |
|
| Investment Companies |
1.05% |
| SUBTOTAL |
1.05% |
| Total |
100.00% |
| State Breakdown |
|
|
|
Portfolio % |
| New York |
83.69% |
| Puerto Rico |
12.18% |
| California |
1.33% |
| Florida |
0.90% |
| Colorado |
0.37% |
| Illinois |
0.27% |
| Ohio |
0.21% |
| Other |
1.05% |
| Total Investments |
100.00% |
| Credit Quality Breakdown |
|
|
|
Portfolio % |
| AAA |
24.93% |
| AAA(Pre-refunded Bonds) |
14.04% |
| AA |
33.49% |
| A |
12.84% |
| BBB |
10.94% |
| BB |
0.73% |
| Short Term Investments |
1.05% |
| Not Rated |
1.98% |
| Total Investments |
100.00% |
| Portfolio Statistics: |
|
| AMT Percentage: |
16.01% |
| Average Coupon: |
5.43 |
| Percentage of Leverage: |
|
| Bank Borrowing: |
0.00% |
| Investment Operations: |
0.00% |
| Preferred Stock: |
36.90% |
| Tender Option Bonds: |
3.80% |
| Term Asset-Backed Loans Facility (TALF): |
0.00% |
| Total Fund Leverage: |
40.70%* |
| Average Maturity: |
3.83 Years |
| Effective Duration: |
3.52 Years |
| Total Net Assets: |
$110.56 Million** |
| Common Stock Net Asset Value: |
$14.45 |
| Number of Holdings: |
62 |
* The total percentage of leverage constitutes 3.80% through the use of tender option bonds, 36.90% in issued and outstanding preferred stock and 0.00% in investment operations, which 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.
** Includes 40,800,000 of preferred stock at liquidation value.
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 New York Municipal Income Fund
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