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. |
||
| 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% |
|
| 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% |
|
| 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 |
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| 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 % |
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| 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% |
|
| Investment Operations: |
0.00% |
|
| Preferred Stock: |
35.94% |
|
| Tender Option Bonds: |
3.70% |
|
| 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** |
|
| 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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