
Alliance New York Municipal Income Fund Releases Monthly Portfolio Update
NEW YORK, Feb. 24, 2014 /PRNewswire/ -- Alliance New York Municipal Income Fund, Inc.(NYSE: AYN) (the "Fund") today released its monthly portfolio update as of January 31, 2014.
| Alliance New York Municipal Income Fund, Inc. |
|
| Top 10 Fixed-Income Holdings |
|
| Portfolio % |
|
| 1) Port Authority of NY & NJ 5.00%, 10/01/34 |
4.64% |
| 2) New York St Dormitory Auth NPFGC Series 04 5.75%, 8/01/14 (Prerefunded/ETM) |
4.58% |
| 3) NEW YORK ST HFA 0.03%, 11/01/44 |
4.46% |
| 4) Utility Debt Securitization Auth NY Series 2013T 5.00%, 12/15/30 |
4.10% |
| 5) Erie Cnty NY Fiscal Stability Auth (Erie Cnty Ny Sales Tax) Series 2011C 5.00%, 12/01/25 |
4.02% |
| 6) LONG ISLAND PWR AUTH NY Series 2012D 0.03%, 12/01/29 |
4.01% |
| 7) New York St Thruway Auth (New York St Thruway Auth Ded Tax) Series 2011A 5.00%, 4/01/31 |
3.87% |
| 8) New York NY Trnsl Fin Auth Series 2013A 5.25%, 7/01/30 |
2.98% |
| 9) New York St Dormitory Auth (New York St Pers Income Tax) 5.00%, 3/15/26 |
2.97% |
| 10) New York St Dormitory Auth (New York St Pers Income Tax) Series 2012A 5.00%, 6/15/31 |
2.93% |
| Sector/Industry Breakdown |
|
| Portfolio % |
|
| Revenue |
|
| Water & Sewer |
10.21% |
| Toll Roads/Transit |
8.83% |
| Revenue - Miscellaneous |
8.14% |
| Health Care - Not-for-Profit |
5.37% |
| Airport |
4.64% |
| Senior Living |
3.60% |
| Higher Education - Private |
3.56% |
| Electric Utility |
1.35% |
| Port |
0.20% |
| SUBTOTAL |
45.90% |
| Tax Supported |
|
| Special Tax |
20.53% |
| Local G.O. |
5.71% |
| Tax-Supported State Lease |
4.96% |
| Tax-Supported Local Lease |
1.94% |
| State G.O. |
1.25% |
| SUBTOTAL |
34.39% |
| Note/VRDBs |
|
| Money Market |
8.47% |
| SUBTOTAL |
8.47% |
| Prerefunded/ETM |
5.26% |
| Cash Equivalents |
|
| Investment Companies |
4.11% |
| SUBTOTAL |
4.11% |
| Asset-Backed |
|
| Housing - Multi-Family |
1.87% |
| SUBTOTAL |
1.87% |
| Total |
100.00% |
| State Breakdown |
|
| Portfolio % |
|
| New York |
86.02% |
| Puerto Rico |
3.90% |
| Idaho |
2.77% |
| Texas |
2.01% |
| Colorado |
0.41% |
| Illinois |
0.40% |
| Ohio |
0.20% |
| California |
0.18% |
| Other |
4.11% |
| Total Investments |
100.00% |
| Credit Quality Breakdown |
|
| Portfolio % |
|
| AAA |
13.98% |
| AA |
49.54% |
| A |
13.13% |
| BBB |
3.74% |
| BB |
0.55% |
| Not Rated |
1.23% |
| Pre-refunded Bonds |
5.26% |
| Short Term Investments |
12.57% |
| Total Investments |
100.00% |
| Bonds By Maturity |
|
| Portfolio % |
|
| Less than 1 year |
17.15% |
| 1 to 5 years |
0.64% |
| 5 to 10 years |
9.86% |
| 10 to 20 years |
60.69% |
| 20 to 30 years |
11.66% |
| More than 30 years |
0.00% |
| Other |
0.00% |
| Total Investments |
100.00% |
| Portfolio Statistics: |
|
| AMT Percentage: |
8.90% |
| Average Coupon: |
4.77% |
| Percentage of Leverage: |
|
| Bank Borrowing: |
0.00% |
| Investment Operations: |
0.00% |
| Preferred Stock: |
38.19% |
| Tender Option Bonds: |
3.93% |
| Term Asset-Backed Loans Facility (TALF): |
0.00% |
| Total Fund Leverage: |
42.12%* |
| Average Effective Maturity: |
6.49 Years |
| Effective Duration: |
5.60 Years |
| Total Net Assets: |
$106.83 Million** |
| Common Stock Net Asset Value: |
$13.65 |
| Number of Holdings: |
66 |
| Portfolio Turnover: |
35% |
| * The total percentage of leverage constitutes 3.93% through the use of tender option bonds, 38.19% 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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