Alliance New York Municipal Income Fund Releases Monthly Portfolio Update
NEW YORK, July 24, 2012 /PRNewswire/ -- Alliance New York Municipal Income Fund, Inc. (NYSE: AYN) (the "Fund") today released its monthly portfolio update as of June 30, 2012.
| Alliance New York Municipal Income Fund, Inc. |
|
| Top 10 Fixed-Income Holdings |
|
| Portfolio % |
|
| 1) Port Authority of NY & NJ 5.00%, 10/01/27 |
4.62% |
| 2) Metropolitan Trnsp Auth NY Series 02A |
4.57% |
| 5.125%, 11/15/31 |
|
| 3) New York St Dormitory Auth (Maimonides Med |
4.36% |
| Ctr) NPFGC Series 04 5.75%, 8/01/29 |
|
| 4) Erie Cnty NY Fiscal Stability Auth (Erie Cnty |
3.90% |
| Ny Sales Tax) Series 2011C 5.00%, 12/01/25 |
|
| 5) New York St Thruway Auth (New York St Thruway |
3.87% |
| Auth Ded Tax) Series 2011A 5.00%, 4/01/25 |
|
| 6) Puerto Rico Sales Tax Fin Corp. Series 2009A |
3.65% |
| 5.50%, 8/01/28 |
|
| 7) Tobacco Settlement Fin Corp. NY (New York St |
3.41% |
| Lease Tobacco Asset Sec) AMBAC Series 03A-1 |
|
| 5.25%, 6/01/21 |
|
| 8) New York St Envrn Fac Corp. 5.00%, |
2.99% |
| 8/15/24 |
|
| 9) New York St Thruway Auth (New York St Pers |
2.86% |
| Income Tax) Series 2011A 5.00%, 3/15/26 |
|
| 10) New York NY Trnsl Fin Auth Series 2002B |
2.86% |
| 5.00%, 2/01/27 |
|
| Sector/Industry Breakdown |
|
| Portfolio % |
|
| Tax Supported |
|
| Special Tax |
29.90% |
| Local G.O. |
11.76% |
| Tax-Supported State Lease |
6.96% |
| State G.O. |
2.26% |
| Assessment District |
0.40% |
| SUBTOTAL |
51.28% |
| Revenue |
|
| Water & Sewer |
10.36% |
| Toll Roads/Transit |
8.63% |
| Health Care - Not-for-Profit |
8.05% |
| Airport |
4.62% |
| Higher Education - Private |
3.41% |
| Electric Utility |
1.87% |
| Senior Living |
1.61% |
| Industrial Development - Airline |
0.97% |
| Industrial Development - Utility |
0.21% |
| SUBTOTAL |
39.73% |
| Prerefunded/ETM |
6.09% |
| Asset-Backed |
|
| Housing - Multi-Family |
1.72% |
| Housing - Single Family |
1.18% |
| SUBTOTAL |
2.90% |
| Total |
100.00% |
| State Breakdown |
|
| Portfolio % |
|
| New York |
86.83% |
| Puerto Rico |
11.46% |
| California |
0.84% |
| Colorado |
0.40% |
| Illinois |
0.26% |
| Ohio |
0.21% |
| Total Investments |
100.00% |
| Credit Quality Breakdown |
|
| Portfolio % |
|
| AAA |
27.29% |
| AA |
43.26% |
| A |
12.85% |
| BBB |
8.68% |
| BB |
0.79% |
| Not Rated |
1.04% |
| Pre-refunded Bonds |
6.09% |
| Total Investments |
100.00% |
| Portfolio Statistics: |
|
| AMT Percentage: |
12.22% |
| Average Coupon: |
4.92 |
| Percentage of Leverage: |
|
| Bank Borrowing: |
0.00% |
| Investment Operations: |
6.75% |
| Preferred Stock: |
36.51% |
| Tender Option Bonds: |
3.76% |
| Term Asset-Backed Loans Facility (TALF): |
0.00% |
| Total Fund Leverage: |
47.02%* |
| Average Maturity: |
5.99 Years |
| Effective Duration: |
4.94 Years |
| Total Net Assets: |
$111.76 Million** |
| Common Stock Net Asset Value: |
$14.68 |
| Number of Holdings: |
68 |
| Portfolio Turnover: |
15 |
* The total percentage of leverage constitutes 3.76% through the use of tender option bonds, 36.51% in issued and outstanding preferred stock and 6.75% 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, Inc.
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