Alliance New York Municipal Income Fund Releases Monthly Portfolio Update
NEW YORK, April 24, 2012 /PRNewswire/ -- Alliance New York Municipal Income Fund, Inc.[NYSE: AYN] (the "Fund") today released its monthly portfolio update as of March 31, 2012.
Alliance New York Municipal Income Fund, Inc.
Top 10 Fixed-Income Holdings Portfolio %
1) Metropolitan Trnsp Auth NY Series 02A 4.75%
5.125%, 11/15/31
2) New York St Dormitory Auth (Maimonides Med 4.51%
Ctr) NPFGC Series 04 5.75%, 8/01/29
3) New York NY Trst for Cult Res (Museum of 4.28%
Modern Art) AMBAC Series 01D 5.125%, 7/01/31
4) Erie Cnty NY Fiscal Stability Auth (Erie Cnty 3.97%
NY Sales Tax) Series 2011C 5.00%, 12/01/25
5) New York St Thruway Auth (New York St Thruway 3.91%
Auth Ded Tax) Series 2011A 5.00%, 4/01/25
6) Puerto Rico Sales Tax Fin Corp. Series 2009A 3.69%
5.50%, 8/01/28
7) Tobacco Settlement Fin Corp. NY (New York St 3.56%
Lease Tobacco Asset Sec) AMBAC Series 03A-1
5.25%, 6/01/21
8) New York City NY Muni Wtr Fin NY Cutl 3.25%
5.125%, 6/15/34
9) New York NY Trnsl Fin Auth Series 2002B 2.92%
5.00%, 2/01/27
10) New York St Dormitory Auth (New York St Pers 2.91%
Income Tax) 5.00%, 3/15/26
Sector/Industry Breakdown Portfolio %
Tax Supported
Special Tax 25.53%
Tax-Supported State Lease 7.19%
Local G.O. 6.56%
State G.O. 2.33%
Assessment District 1.24%
SUBTOTAL 42.85%
Revenue
Water & Sewer 9.00%
Toll Roads/Transit 8.94%
Health Care - Not-for-Profit 8.28%
Higher Education - Private 4.69%
Revenue - Miscellaneous 4.28%
Electric Utility 1.92%
Senior Living 1.66%
Industrial Development - Airline 0.97%
Industrial Development - Utility 0.21%
SUBTOTAL 39.95%
Prerefunded/ETM 8.57%
Cash Equivalents
Investment Companies 4.55%
SUBTOTAL 4.55%
Asset-Backed
Housing - Multi-Family 2.83%
Housing - Single Family 1.25%
SUBTOTAL 4.08%
Total 100.00%
State Breakdown Portfolio %
New York 81.01%
Puerto Rico 11.86%
California 0.87%
Florida 0.84%
Colorado 0.40%
Illinois 0.26%
Ohio 0.21%
Other 4.55%
Total Investments 100.00%
Credit Quality Breakdown Portfolio %
AAA 18.19%
AA 39.41%
A 12.99%
BBB 10.35%
BB 0.80%
Not Rated 5.14%
Pre-refunded Bonds 8.57%
Short Term Investments 4.55%
Total Investments 100.00%
Portfolio Statistics:
AMT Percentage: 14.13%
Average Coupon: 5.30
Percentage of Leverage:
Bank Borrowing: 0.00%
Investment Operations: 0.00%
Preferred Stock: 36.55%
Tender Option Bonds: 3.76%
Term Asset-Backed Loans Facility (TALF): 0.00%
Total Fund Leverage: 40.31%*
Average Effective Maturity: 4.78 Years
Effective Duration: 3.56 Years
Total Net Assets: $111.63 Million**
Common Stock Net Asset Value: $14.66
Number of Holdings: 66
Portfolio Turnover 15
* The total percentage of leverage constitutes 3.76% through the use of tender option bonds, 36.55% 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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