Alliance New York Municipal Income Fund Releases Monthly Portfolio Update

Top 10 Fixed-Income Holdings

Portfolio %

  1) Port Authority of NY & NJ     5.00%,  10/01/27     

4.98%

  2) New York St Dormitory Auth   NPFGC Series 04     

4.68%

      5.75%,  8/01/14 (Prerefunded/ETM)

  3) Erie Cnty NY Fiscal Stability Auth (Erie Cnty           

4.12%

      Ny Sales Tax)  Series 2011C  5.00%,  12/01/25

  4) New York St Thruway Auth (New York St Thruway    

4.09%

      Auth Ded Tax)  Series 2011A  5.00%,  4/01/25

  5) Puerto Rico Sales Tax Fin Corp.   Series 2009A        

3.78%

      5.50%,  8/01/28

  6) Tobacco Settlement Fin Corp. NY (New York St         

3.54%

      Lease Tobacco Asset Sec) AMBAC Series 03A-1

      5.25%,  6/01/21

  7) New York St Envrn Fac Corp.     5.00%,                   

3.18%

      8/15/24

  8) New York NY Trnsl Fin Auth   Series 2012A-1            

3.09%

      5.00%,  5/01/27

  9) New York NY Trnsl Fin Auth   Series 2002B                

3.05%

      5.00%,  2/01/27

  10) New York St Thruway Auth (New York St Pers           

3.05%

      Income Tax)  Series 2011A  5.00%,  3/15/26

Sector/Industry Breakdown

Portfolio %

Tax Supported

        Special Tax                          

32.95%

        Local G.O.                            

9.52%

        Tax-Supported State Lease     

5.58%

        State G.O.                              

1.63%

        Assessment District                 

0.43%

SUBTOTAL                               

50.11%

Revenue

         Water & Sewer                           

8.56%

         Toll Roads/Transit                        

8.08%

         Health Care - Not-for-Profit             

6.08%

         Airport                                          

4.98%

         Higher Education - Private               

3.66%

         Senior Living                                   

3.20%

         Electric Utility                                  

1.99%

         Revenue - Miscellaneous                   

1.35%

         Industrial Development - Industry         

0.49%

         Industrial Development - Utility             

0.21%

SUBTOTAL                                         

38.60%

Prerefunded/ETM                                  

6.89%

Asset-Backed

        Housing - Multi-Family                           

1.85%

        Housing - Single Family                          

1.23%

SUBTOTAL                                             

3.08%

Cash Equivalents

        Investment Companies                              

1.32%

SUBTOTAL                                               

1.32%

Total                                                    

100.00%

State Breakdown

Portfolio %

New York                                         

91.01%

Puerto Rico                                       

6.49%

Colorado                                            

0.43%

Illinois                                                 

0.32%

California                                              

0.22%

Ohio                                                     

0.21%

Other                                                     

1.32%

Total Investments                                     

100.00%

        Credit Quality Breakdown

Portfolio %

            AAA                                 

26.66%

            AA                                    

43.77%

            A                                       

15.04%

            BBB                                   

4.68%

            BB                                      

0.49%

            Not Rated                             

1.15%

            Pre-refunded Bonds                  

6.89%

            Short Term Investments             

1.32%

            Total Investments                       

100.00%

Bonds By Maturity

Portfolio %

Less than 1 year                       

3.13%

1 to 5 years                               

5.04%

5 to 10 years                              

11.17%

10 to 20 years                             

72.85%

20 to 30 years                              

7.81%

More than 30 years                        

0.00%

Other                                             

0.00%

Total Investments                             

100.00%

Portfolio Statistics:

      AMT Percentage:                              

9.95%

      Average Coupon:                                

5.27%

      Percentage of Leverage:

        Bank Borrowing:                                  

0.00%

        Investment Operations:                         

0.00%

        Preferred Stock:                                  

36.87%

        Tender Option Bonds:                           

3.80%

        Term Asset-Backed Loans Facility (TALF):    

0.00%

        Total Fund Leverage:                              

40.67%*

      Average Effective Maturity:                      

  6.33 Years

      Effective Duration:                               

5.44 Years

      Total Net Assets:                          

$110.65 Million**

      Common Stock Net Asset Value:                     

$14.44

      Number of Holdings:                                      

70

      Portfolio Turnover:                                      

44%

* The total percentage of leverage constitutes 3.80% through the use
of tender option bonds, 36.87% 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.