Alliance New York Municipal Income Fund Releases Monthly Portfolio Update
NEW YORK, Dec. 24, 2012 /PRNewswire/ -- Alliance New York Municipal Income Fund, Inc. (NYSE: AYN) (the "Fund") today released its monthly portfolio update as of November 30, 2012.
| Alliance New York Municipal Income Fund, Inc. |
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| Top 10 Fixed-Income Holdings |
Portfolio % |
|
| 1) Port Authority of NY & NJ 5.00%, 10/01/27 |
5.05% |
|
| 2) New York St Dormitory Auth (Maimonides Med Ctr) NPFGC Series 04 5.75%, 8/01/29 |
4.50% |
|
| 3) Erie Cnty NY Fiscal Stability Auth (Erie Cnty Ny Sales Tax) Series 2011C 5.00%, 12/01/25 |
4.19% |
|
| 4) New York St Thruway Auth (New York St Thruway Auth Ded Tax) Series 2011A 5.00%, 4/01/25 |
4.15% |
|
| 5) Puerto Rico Sales Tax Fin Corp. Series 2009A 5.50%, 8/01/28 |
3.81% |
|
| 6) Tobacco Settlement Fin Corp. NY (New York St Lease Tobacco Asset Sec) AMBAC Series 03A-1 5.25%, 6/01/21 |
3.47% |
|
| 7) New York St Envrn Fac Corp. 5.00%, 8/15/24 |
3.24% |
|
| 8) New York St Thruway Auth (New York St Pers Income Tax) Series 2011A 5.00%, 3/15/26 |
3.14% |
|
| 9) New York NY Trnsl Fin Auth Series 2002B 5.00%, 2/01/27 |
3.13% |
|
| 10) New York NY Trnsl Fin Auth 5.00%, 5/01/27 |
3.11% |
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| Sector/Industry Breakdown |
Portfolio % |
|
| Tax Supported |
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| Special Tax |
33.42% |
|
| Local G.O. |
12.58% |
|
| Tax-Supported State Lease |
5.56% |
|
| State G.O. |
2.32% |
|
| Assessment District |
0.42% |
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| SUBTOTAL |
54.30% |
|
| Revenue |
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| Health Care - Not-for-Profit |
10.91% |
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| Water & Sewer |
10.40% |
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| Toll Roads/Transit |
8.23% |
|
| Airport |
5.05% |
|
| Higher Education - Private |
3.66% |
|
| Electric Utility |
1.97% |
|
| Senior Living |
1.69% |
|
| Industrial Development - Industry |
0.47% |
|
| Industrial Development - Utility |
0.21% |
|
| SUBTOTAL |
42.59% |
|
| Asset-Backed |
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| Housing - Multi-Family |
1.78% |
|
| Housing - Single Family |
1.18% |
|
| SUBTOTAL |
2.96% |
|
| Cash Equivalents |
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| Investment Companies |
0.11% |
|
| SUBTOTAL |
0.11% |
|
| Prerefunded/ETM |
0.04% |
|
| Total |
100.00% |
|
| State Breakdown |
Portfolio % |
|
| New York |
91.64% |
|
| Puerto Rico |
6.48% |
|
| California |
0.87% |
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| Colorado |
0.42% |
|
| Illinois |
0.27% |
|
| Ohio |
0.21% |
|
| Other |
0.11% |
|
| Total Investments |
100.00% |
|
| Credit Quality Breakdown |
Portfolio % |
|
| AAA |
28.76% |
|
| AA |
44.83% |
|
| A |
13.84% |
|
| BBB |
9.95% |
|
| BB |
0.47% |
|
| Not Rated |
2.00% |
|
| Pre-refunded Bonds |
0.04% |
|
| Short Term Investments |
0.11% |
|
| Total Investments |
100.00% |
|
| Portfolio Statistics: |
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| AMT Percentage: |
9.34% |
|
| Average Coupon: |
5.37% |
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| Percentage of Leverage: |
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| Bank Borrowing: |
0.00% |
|
| Investment Operations: |
0.00% |
|
| Preferred Stock: |
35.40% |
|
| Tender Option Bonds: |
3.64% |
|
| Term Asset-Backed Loans Facility (TALF): |
0.00% |
|
| Total Fund Leverage: |
39.04%* |
|
| Average Effective Maturity: |
6.70 Years |
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| Effective Duration: |
5.83 Years |
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| Total Net Assets: |
$115.27 Million** |
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| Common Stock Net Asset Value: |
$15.40 |
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| Number of Holdings: |
68 |
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| Portfolio Turnover: |
15% |
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| * The total percentage of leverage constitutes 3.64% through the use of tender option bonds, 35.40% 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. |
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| ** Includes 40,800,000 of preferred stock at liquidation value. |
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| 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. |
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SOURCE Alliance New York Municipal Income Fund, Inc.
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