Alliance New York Municipal Income Fund Releases Monthly Portfolio Update

Alliance New York Municipal Income Fund, Inc.

Top 10 Fixed-Income Holdings

Portfolio %

1)

Port Authority of New York & New Jersey Series 2012  5.00%,  10/01/34

4.85%

2)

Utility Debt Securitization Authority    Series 2013T  5.00%,  12/15/30

4.25%

3)

Erie County Fiscal Stability Authority  (Erie County Fiscal Stability Authority Sales Tax)Series 2011C  5.00%,  12/01/25

4.11%

4)

New York State Thruway Authority  (New York State Thruway Authority Ded Tax)  Series 2011A 5.00%,  4/01/31

3.98%

5)

New York State Dormitory Authority  (New York State Dormitory Authority Lease)  Series 2013A 5.25%,  7/01/30

3.10%

6)

New York State Dormitory Authority  (State of New York Pers Income Tax)  Series 2012A  5.00%, 6/15/31

3.06%

7)

New York State Thruway Authority  (New York State Thruway Authority Gen Toll Road)  Series 2014J  5.00%,  1/01/41

2.94%

8)

New York St Dormitory Auth  (New York St Pers Income Tax)    5.00%,  3/15/26

2.86%

9)

Idaho Housing & Finance Association  (State of Idaho Fed Hwy Grant)  Series 2014  5.00%, 7/15/31

2.84%

10)

New York State Dormitory Authority  (State University of New York)  Series 2011A  5.00%, 7/01/31

2.76%

Sector/Industry Breakdown

Portfolio %

Revenue

Toll Roads/Transit

10.94%

Health Care - Not-for-Profit

10.23%

Water & Sewer

10.16%

Higher Education - Private

8.39%

Electric Utility

7.67%

Airport

7.39%

Revenue - Miscellaneous

5.19%

Higher Education - Public

4.00%

Senior Living

3.61%

Industrial Development - Utility

0.22%

SUBTOTAL

67.80%

Tax Supported

Special Tax

19.55%

Tax-Supported State Lease

5.15%

Local G.O.

2.06%

Assessment District

0.42%

State G.O.

0.17%

SUBTOTAL

27.35%

Asset-Backed

Housing - Multi-Family

3.81%

SUBTOTAL

3.81%

Prerefunded/ETM

0.72%

Cash Equivalents

Investment Companies

0.32%

SUBTOTAL

0.32%

Total

100.00%

State Breakdown

Portfolio %

New York

92.56%

Idaho

2.84%

Texas

2.06%

Florida

0.99%

Illinois

0.42%

Colorado

0.42%

Ohio

0.22%

California

0.17%

Other

0.32%

Total Investments

100.00%

Credit Quality Breakdown

Portfolio %

AAA

15.59%

AA

55.35%

A

19.14%

BBB

6.22%

BB

1.07%

Not Rated

1.31%

Pre-refunded Bonds

1.00%

Short Term Investments

0.32%

Total Investments

100.00%

Bonds By Maturity

Portfolio %

Less than 1 year

0.32%

1 to 5 years

2.60%

5 to 10 years

6.00%

10 to 20 years

76.78%

20 to 30 years

14.30%

More than 30 years

0.00%

Other

0.00%

Total Investments

100.00%

Portfolio Statistics:

AMT Percentage:

9.72%

Average Coupon:

5.22%

Percentage of Leverage:

Bank Borrowing:

0.00%

Investment Operations:

0.00%

Preferred Stock:

36.04%

Tender Option Bonds:

3.71%

Term Asset-Backed Loans Facility (TALF):

0.00%

Total Fund Leverage:

39.75%*

Average Effective Maturity:

7.03 Years

Effective Duration:

6.04 Years

Total Net Assets:

$114.34 Million**

Common Stock Net Asset Value:

$15.21

Number of Holdings:

74

Portfolio Turnover:

42%

* The total percentage of leverage constitutes 3.71% through the use

of tender option bonds, 36.04% 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.