Alliance New York Municipal Income Fund Releases Monthly Portfolio Update
NEW YORK, Aug. 29, 2012 /PRNewswire/ -- Alliance New York Municipal Income Fund, Inc. (NYSE: AYN) (the "Fund") today released its monthly portfolio update as of July 31, 2012.
Alliance New York Municipal Income Fund, Inc. |
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Top 10 Fixed-Income Holdings |
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Portfolio % |
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1) |
Port Authority of NY & NJ 5.00%, 10/01/27 |
4.91% |
2)
|
Metropolitan Trnsp Auth NY Series 02A |
4.73% |
3)
|
New York St Dormitory Auth (Maimonides Med Ctr) |
4.54%
|
4)
|
Erie Cnty NY Fiscal Stability Auth (Erie Cnty |
4.14%
|
5)
|
New York St Thruway Auth (New York St Thruway |
4.10%
|
6)
|
Puerto Rico Sales Tax Fin Corp. Series 2009A |
3.85%
|
7)
|
Tobacco Settlement Fin Corp. NY (New York St Lease |
3.53%
|
8) |
New York St Envrn Fac Corp. 5.00%, 8/15/24 |
3.17% |
9)
|
New York St Thruway Auth (New York St Pers Income Tax) |
3.06%
|
10) |
New York NY Trnsl Fin Auth 5.00%, 5/01/27 |
3.05% |
Sector/Industry Breakdown |
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Portfolio % |
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Tax Supported |
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Special Tax |
31.77% |
|
Local G.O. |
12.43% |
|
Tax-Supported State Lease |
7.26% |
|
State G.O. |
2.35% |
|
Assessment District |
0.42% |
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SUBTOTAL |
54.23% |
|
Revenue |
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Water & Sewer |
10.30% |
|
Toll Roads/Transit |
9.02% |
|
Health Care - Not-for-Profit |
8.41% |
|
Airport |
4.91% |
|
Higher Education - Private |
3.61% |
|
Electric Utility |
1.95% |
|
Senior Living |
1.68% |
|
Industrial Development - Airline |
1.02% |
|
Industrial Development - Utility |
0.20% |
|
SUBTOTAL |
41.10% |
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Asset-Backed |
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Housing - Multi-Family |
1.78% |
|
Housing - Single Family |
1.22% |
|
SUBTOTAL |
3.00% |
|
Prerefunded/ETM |
0.94% |
|
Cash Equivalents |
||
Investment Companies |
0.73% |
|
SUBTOTAL |
0.73% |
|
Total |
100.00% |
|
State Breakdown |
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Portfolio % |
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New York |
90.92% |
|
Puerto Rico |
6.59% |
|
California |
0.87% |
|
Colorado |
0.42% |
|
Illinois |
0.27% |
|
Ohio |
0.20% |
|
Other |
0.73% |
|
Total Investments |
100.00% |
|
Credit Quality Breakdown |
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Portfolio % |
||
AAA |
28.31% |
|
AA |
45.64% |
|
A |
13.43% |
|
BBB |
9.03% |
|
BB |
0.84% |
|
Not Rated |
1.08% |
|
Pre-refunded Bonds |
0.94% |
|
Short Term Investments |
0.73% |
|
Total Investments |
100.00% |
|
Portfolio Statistics: |
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AMT Percentage: |
12.08% |
|
Average Coupon: |
5.37 |
|
Percentage of Leverage: |
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Bank Borrowing: |
0.00% |
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Investment Operations: |
0.00% |
|
Preferred Stock: |
35.94% |
|
Tender Option Bonds: |
3.70% |
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Term Asset-Backed Loans Facility (TALF): |
0.00% |
|
Total Fund Leverage: |
3 9.64%* |
|
Average Effective Maturity: |
6.44 Years |
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Effective Duration: |
5.44 Years |
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Total Net Assets: |
$113.54 Million** |
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Common Stock Net Asset Value: |
$15.05 |
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Number of Holdings: |
66 |
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Portfolio Turnover: |
15 |
* The total percentage of leverage constitutes 3.70% through the use of tender option bonds, 35.94% 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, Inc.
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