
Alliance New York Municipal Income Fund Releases Monthly Portfolio Update
NEW YORK, Oct. 3, 2014 /PRNewswire/ -- Alliance New York Municipal Income Fund, Inc. (NYSE: AYN) (the "Fund") today released its monthly portfolio update as of August 31, 2014.
| Alliance New York Municipal Income Fund, Inc. |
|
| Top 10 Fixed-Income Holdings |
Portfolio % |
| 1) Port Authority of New York & New Jersey 5.00%, 10/01/34 |
4.74% |
| 2) Utility Debt Securitization Authority Series 2013T 5.00%, 12/15/30 |
4.12% |
| 3) Erie County Fiscal Stability Authority (Erie County Fiscal Stability Authority Sales Tax) Series 2011C 5.00%, 12/01/25 |
4.05% |
| 4) New York State Thruway Authority (New York State Thruway Authority Ded Tax) Series 2011A 5.00%, 4/01/31 |
3.89% |
| 5) New York State Dormitory Authority (New York State Dormitory Authority Lease) Series 2013A 5.25%, 7/01/30 |
2.99% |
| 6) New York State Dormitory Authority (State of New York Pers Income Tax) Series 2012A 5.00%, 6/15/31 |
2.96% |
| 7) New York St Dormitory Auth (New York St Pers Income Tax) 5.00%, 3/15/26 |
2.89% |
| 8) Idaho Housing & Finance Association (State of Idaho Fed Hwy Grant) 5.00%, 7/15/31 |
2.77% |
| 9) New York State Dormitory Authority (State University of New York) Series 2011A 5.00%, 7/01/31 |
2.67% |
| 10) New York City Water & Sewer System 5.00%, 6/15/26 |
2.55% |
| Sector/Industry Breakdown |
Portfolio % |
| Revenue |
|
| Water & Sewer |
11.26% |
| Toll Roads/Transit |
7.87% |
| Health Care - Not-for-Profit |
6.43% |
| Airport |
6.27% |
| Higher Education - Private |
5.44% |
| Electric Utility |
5.40% |
| Revenue - Miscellaneous |
5.04% |
| Senior Living |
3.52% |
| Higher Education - Public |
2.67% |
| Industrial Development - Utility |
0.21% |
| SUBTOTAL |
54.11% |
| Tax Supported |
|
| Special Tax |
23.48% |
| Tax-Supported State Lease |
4.99% |
| State G.O. |
2.68% |
| Local G.O. |
2.36% |
| Tax-Supported Local Lease |
1.97% |
| Assessment District |
0.37% |
| SUBTOTAL |
35.85% |
| Cash Equivalents |
|
| Investment Companies |
4.57% |
| SUBTOTAL |
4.57% |
| Asset-Backed |
|
| Housing - Multi-Family |
2.99% |
| SUBTOTAL |
2.99% |
| Note/VRDBs |
|
| Money Market |
1.88% |
| SUBTOTAL |
1.88% |
| Prerefunded/ETM |
0.60% |
| Total |
100.00% |
| State Breakdown |
Portfolio % |
| New York |
81.48% |
| Idaho |
2.77% |
| Pennsylvania |
2.51% |
| Louisiana |
2.25% |
| Texas |
2.01% |
| New Mexico |
2.00% |
| Wisconsin |
1.27% |
| Illinois |
0.39% |
| Colorado |
0.37% |
| Ohio |
0.21% |
| California |
0.17% |
| Other |
4.57% |
| Total Investments |
100.00% |
| Credit Quality Breakdown |
Portfolio % |
| AAA |
17.38% |
| AA |
59.65% |
| A |
10.66% |
| BBB |
3.73% |
| BB |
0.34% |
| Not Rated |
1.20% |
| Pre-refunded Bonds |
0.60% |
| Short Term Investments |
6.44% |
| Total Investments |
100.00% |
| Bonds By Maturity |
Portfolio % |
| Less than 1 year |
6.44% |
| 1 to 5 years |
8.97% |
| 5 to 10 years |
7.98% |
| 10 to 20 years |
66.37% |
| 20 to 30 years |
10.24% |
| More than 30 years |
0.00% |
| Other |
0.00% |
| Total Investments |
100.00% |
| Portfolio Statistics: |
|
| AMT Percentage: |
8.83% |
| Average Coupon: |
5.04% |
| Percentage of Leverage: |
|
| Bank Borrowing: |
0.00% |
| Investment Operations: |
2.85% |
| Preferred Stock: |
36.59% |
| Tender Option Bonds: |
3.77% |
| Term Asset-Backed Loans Facility (TALF): |
0.00% |
| Total Fund Leverage: |
43.21%* |
| Average Maturity: |
6.64 Years |
| Effective Duration: |
5.72 Years |
| Total Net Assets: |
$111.07 Million** |
| Common Stock Net Asset Value: |
$14.53 |
| Number of Holdings: |
71 |
| Portfolio Turnover: |
35% |
| * The total percentage of leverage constitutes 3.77% through the use of tender option bonds, 36.59% in issued and outstanding preferred stock and 2.85% 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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