AllianceBernstein Income Fund Releases Monthly Portfolio Update

Dec 28, 2010, 16:06 ET from AllianceBernstein Income Fund, Inc.

NEW YORK, Dec. 28, 2010 /PRNewswire/ -- AllianceBernstein Income Fund, Inc.[NYSE: ACG] (the "Fund") today released its monthly portfolio update as of November 30, 2010.




AllianceBernstein Income Fund, Inc.




Top 10 Fixed Income Holdings



Portfolio %

1) U.S. Treasury Notes  

2.625%, 2/29/16 - 8/15/20

9.22%

2) U.S. Treasury STRIPS  

Zero Coupon, 5/15/17

7.25%

3) U.S. Treasury Notes

1.875%, 6/30/15 - 10/31/17

7.03%

4) U.S. Treasury Notes

0.75%, 8/15/13

5.50%

5) U.S. Treasury Notes

4.50%, 11/15/15 - 2/15/16

5.42%

6) U.S. Treasury Notes

1.00%, 7/15/13

4.18%

7) U.S. Treasury STRIPS  

Zero Coupon, 11/15/21

3.66%

8) U.S. Treasury Bonds

6.625%, 2/15/27

3.23%

9) U.S. Treasury Notes

3.625%, 2/15/20

2.97%

10) U.S. Treasury Notes

4.25%, 8/15/15

2.79%








Fixed Income Holdings by Security Type


Portfolio %

Governments - Treasuries


   Treasuries

60.99%

SUBTOTAL

60.99%

Corporates - Investment Grades


   Industrial


       Energy

1.45%

       Basic

1.34%

       Transportation - Airlines

0.39%

       Capital Goods

0.35%

       Consumer Non-Cyclical

0.31%

       Communications - Media

0.29%

       Communications - Telecommunications

0.28%

       Consumer Cyclical - Automotive

0.23%

       Other Industrial

0.21%

       Transportation - Services

0.16%

       Consumer Cyclical - Entertainment

0.10%

       Technology

0.10%

   SUBTOTAL

5.21%

Financial Institutions


       Banking

2.41%

       Insurance

1.16%

       Finance

0.48%

       REITS

0.17%

       Brokerage

0.07%

       Other Finance

0.02%

       SUBTOTAL

4.31%

       Non Corporate Sectors


       Agencies - Not Government Guaranteed

1.01%

   SUBTOTAL

1.01%

 Utility


       Electric

0.12%

   SUBTOTAL

0.12%

SUBTOTAL

10.65%

Corporates - Non-Investment Grades


   Industrial


       Basic

1.10%

       Communications - Media

0.91%

       Communications - Telecommunications

0.68%

       Consumer Cyclical - Retailers

0.53%

       Capital Goods

0.37%

       Energy

0.34%

       Consumer Non-Cyclical

0.29%

       Consumer Cyclical - Automotive

0.27%

       Consumer Cyclical - Other

0.25%

       Services

0.23%

       Consumer Cyclical - Entertainment

0.19%

       Transportation - Services

0.03%

       Technology

0.02%

       Transportation - Airlines

0.02%

   SUBTOTAL

5.23%

Utility


       Electric

0.69%

       Natural Gas

0.17%

   SUBTOTAL

0.86%

Financial Institutions


       Finance

0.36%

       Banking

0.26%

       Other Finance

0.14%

       Brokerage

0.03%

   SUBTOTAL

0.79%

SUBTOTAL

6.88%

Mortgage Pass-Thru's


   Agency Fixed Rate 30-Year

2.56%

   Agency ARMs

2.14%

SUBTOTAL

4.70%

Commercial Mortgage-Backed Securities


   Non-Agency Fixed Rate CMBS

4.17%

   Agency CMBS

0.24%

SUBTOTAL

4.41%

Agencies


   Agency Debentures

2.23%

SUBTOTAL

2.23%

Quasi-Sovereigns


   Quasi-Sovereign Bonds

2.04%

SUBTOTAL

2.04%

Bank Loans


   Industrial


       Communications - Media

0.23%

       Technology

0.19%

       Services

0.16%

       Consumer Non-Cyclical

0.12%

       Basic

0.11%

       Consumer Cyclical - Other

0.08%

       Communications - Telecommunications

0.07%

       Consumer Cyclical - Entertainment

0.06%

       Capital Goods

0.05%

       Consumer Cyclical - Retailers

0.05%

       Energy

0.05%

       Transportation - Airlines

0.03%

       Consumer Cyclical - Automotive

0.01%

       Transportation - Services

0.01%

   SUBTOTAL

1.22%

   Financial Institutions


       Finance

0.13%

       Insurance

0.01%

   SUBTOTAL

0.14%

   Utility


       Electric

0.11%

   SUBTOTAL

0.11%

   Non Corporate Sectors


       Foreign Local Government - Municipal

0.02%

   SUBTOTAL

0.02%

SUBTOTAL

1.49%

Inflation-Linked Securities

1.34%

Emerging Markets - Sovereigns

1.17%

Emerging Markets - Treasuries

1.01%

Emerging Markets - Corporate Bonds


   Industrial


       Other Industrial

0.14%

       Basic

0.12%

       Consumer Non-Cyclical

0.11%

       Energy

0.11%

       Consumer Cyclical - Other

0.09%

   SUBTOTAL

0.57%

   Financial Institutions


       Banking

0.22%

       Other Finance

0.01%

   SUBTOTAL

0.23%

SUBTOTAL

0.80%

Governments - Sovereign Bonds

0.43%

Local Governments - Municipal Bonds

0.32%

Asset-Backed Securities


       Autos - Floating Rate

0.16%

SUBTOTAL

0.16%

Preferred Stocks


       Financial Institutions

0.08%

SUBTOTAL

0.08%

CMOs


Non-Agency Fixed Rate

0.05%

SUBTOTAL

0.05%

Common Stocks

0.02%

Local Governments - Regional Bonds

0.01%

Short-Term Investments


       Investment Companies

1.22%

Total Fixed Income

100.00%



Country Breakdown



Portfolio %

United States

85.55%

Russia

3.85%

Brazil

2.46%

Colombia

1.02%

Indonesia

0.83%

Germany

0.72%

United Kingdom

0.70%

Kazakhstan

0.53%

Australia

0.47%

Argentina

0.38%

South Africa

0.37%

Netherlands

0.34%

Luxembourg

0.31%

Hong Kong

0.31%

Canada

0.27%

India

0.24%

El Salvador

0.21%

Peru

0.20%

Poland

0.17%

Lithuania

0.17%

Sweden

0.16%

Barbados

0.14%

Ukraine

0.14%

Turkey

0.11%

Switzerland

0.09%

Croatia

0.09%

China

0.09%

Belgium

0.04%

France

0.04%

Total Investments

100.00%



           Credit Quality Breakdown



Portfolio %

       AAA

71.81%

       AA

0.85%

       A

2.99%

       BBB

12.13%

       BB

6.46%

       B

3.44%

       CCC

0.64%

       D

0.03%

       Short Term Investments

1.22%

       Not Rated

0.43%

       Total Investments

100.00%



Portfolio Statistics:


   Percentage of Leverage:


       Bank Borrowing:

0.00%

       Investment Operations:

46.09%*

       Preferred Stock:

0.00%

       Tender Option Bonds:

0.00%

       Term Asset-Backed Loans Facility (TALF):

0.00%

       Total Fund Leverage:

46.09%

   Average Maturity:

9.83 Years

   Effective Duration:

6.10 Years  

   Total Net Assets:

$2,154.14 Million

   Net Asset Value:

$8.87

   Number of Holdings:

384



* Investment Operations 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.



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 AllianceBernstein Income Fund, Inc.



RELATED LINKS

http://www.alliancebernstein.com