AllianceBernstein Income Fund Releases Monthly Portfolio Update
NEW YORK, Feb. 28, 2012 /PRNewswire/ -- AllianceBernstein Income Fund, Inc.[NYSE: ACG] (the "Fund") today released its monthly portfolio update as of January 31, 2012.
| AllianceBernstein Income Fund, Inc. |
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| Top 10 Fixed Income Holdings |
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Portfolio % |
| 1) U.S. Treasury Notes 2.625%, 8/15/20 - 11/15/20 |
14.73% |
| 2) U.S. Treasury Notes 1.375%, 9/30/18 |
11.18% |
| 3) U.S. Treasury Notes 2.75%, 2/15/19 |
9.74% |
| 4) U.S. Treasury STRIPS Zero Coupon, 5/15/17 |
7.75% |
| 5) U.S. Treasury STRIPS Zero Coupon, 11/15/21 |
4.25% |
| 6) Federal National Mortgage Association 3.50%, 2/01/41 - 12/01/41 |
3.76% |
| 7) U.S. Treasury Notes 3.625%, 2/15/20 |
3.14% |
| 8) Federal Home Loan Mortgage Corp. 2.375%, 1/13/22 |
3.03% |
| 9) U.S. Treasury Notes 1.50%, 8/31/18 |
2.96% |
| 10) Federal National Mortgage Association 5.375%, 6/12/17 |
2.24% |
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| Fixed Income Holdings by Security Type |
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Portfolio % |
| Governments - Treasuries |
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| Treasuries |
58.22% |
| SUBTOTAL |
58.22% |
| Corporates - Investment Grades |
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| Financial Institutions |
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| Banking |
2.15% |
| Insurance |
1.02% |
| REITS |
0.29% |
| Finance |
0.24% |
| Brokerage |
0.14% |
| Other Finance |
0.14% |
| SUBTOTAL |
3.98% |
| Industrial |
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| Basic |
0.78% |
| Capital Goods |
0.44% |
| Communications - Telecommunications |
0.35% |
| Energy |
0.30% |
| Transportation - Airlines |
0.22% |
| Communications - Media |
0.16% |
| Consumer Non-Cyclical |
0.15% |
| Transportation - Services |
0.15% |
| Technology |
0.11% |
| Consumer Cyclical - Entertainment |
0.10% |
| Other Industrial |
0.08% |
| SUBTOTAL |
2.84% |
| Non Corporate Sectors |
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| Agencies - Not Government Guaranteed |
1.31% |
| SUBTOTAL |
1.31% |
| Utility |
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| Electric |
0.19% |
| Natural Gas |
0.07% |
| SUBTOTAL |
0.26% |
| SUBTOTAL |
8.39% |
| Corporates - Non-Investment Grades |
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| Industrial |
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| Capital Goods |
1.09% |
| Consumer Non-Cyclical |
1.05% |
| Communications - Media |
0.85% |
| Energy |
0.73% |
| Basic |
0.52% |
| Consumer Cyclical - Other |
0.43% |
| Communications - Telecommunications |
0.42% |
| Consumer Cyclical - Automotive |
0.42% |
| Consumer Cyclical - Retailers |
0.40% |
| Technology |
0.23% |
| Services |
0.16% |
| Transportation - Airlines |
0.12% |
| Consumer Cyclical - Restaurants |
0.07% |
| Other Industrial |
0.05% |
| Consumer Cyclical - Entertainment |
0.03% |
| SUBTOTAL |
6.57% |
| Utility |
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| Electric |
0.75% |
| Natural Gas |
0.16% |
| SUBTOTAL |
0.91% |
| Financial Institutions |
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| REITS |
0.20% |
| Banking |
0.19% |
| Finance |
0.17% |
| Other Finance |
0.15% |
| Brokerage |
0.03% |
| SUBTOTAL |
0.74% |
| SUBTOTAL |
8.22% |
| Agencies |
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| Agency Debentures |
6.88% |
| SUBTOTAL |
6.88% |
| Mortgage Pass-Through's |
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| Agency Fixed Rate 30-Year |
5.50% |
| Agency ARMs |
1.34% |
| SUBTOTAL |
6.84% |
| Commercial Mortgage-Backed Securities |
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| Non-Agency Fixed Rate CMBS |
2.27% |
| Non-Agency Floating Rate CMBS |
0.16% |
| SUBTOTAL |
2.43% |
| Quasi-Sovereigns |
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| Quasi-Sovereign Bonds |
2.41% |
| SUBTOTAL |
2.41% |
| Emerging Markets - Corporate Bonds |
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| Industrial |
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| Basic |
0.46% |
| Communications - Telecommunications |
0.34% |
| Communications - Media |
0.17% |
| Other Industrial |
0.11% |
| Consumer Cyclical - Other |
0.08% |
| Consumer Non-Cyclical |
0.08% |
| SUBTOTAL |
1.24% |
| Utility |
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| Electric |
0.18% |
| SUBTOTAL |
0.18% |
| Financial Institutions |
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| Banking |
0.07% |
| Other Finance |
0.01% |
| SUBTOTAL |
0.08% |
| SUBTOTAL |
1.50% |
| Inflation-Linked Securities |
1.45% |
| Bank Loans |
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| Industrial |
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| Consumer Non-Cyclical |
0.22% |
| Capital Goods |
0.18% |
| Communications - Media |
0.14% |
| Services |
0.14% |
| Basic |
0.12% |
| Technology |
0.12% |
| Communications - Telecommunications |
0.04% |
| Consumer Cyclical - Other |
0.04% |
| Consumer Cyclical - Retailers |
0.04% |
| Consumer Cyclical - Entertainment |
0.03% |
| Energy |
0.02% |
| Other Industrial |
0.01% |
| Transportation - Services |
0.01% |
| SUBTOTAL |
1.11% |
| Utility |
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| Electric |
0.09% |
| SUBTOTAL |
0.09% |
| Financial Institutions |
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| Finance |
0.04% |
| Other Finance |
0.02% |
| SUBTOTAL |
0.06% |
| SUBTOTAL |
1.26% |
| Emerging Markets - Sovereigns |
1.13% |
| Governments - Sovereign Bonds |
0.39% |
| Local Governments - Municipal Bonds |
0.36% |
| Preferred Stocks |
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| Financial Institutions |
0.21% |
| Non Corporate Sectors |
0.01% |
| SUBTOTAL |
0.22% |
| Governments - Sovereign Agencies |
0.11% |
| Emerging Markets - Treasuries |
0.09% |
| Asset-Backed Securities |
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| Autos - Floating Rate |
0.05% |
| SUBTOTAL |
0.05% |
| Common Stocks |
0.04% |
| Collateralized Mortgage Obligations |
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| Non-Agency Fixed Rate |
0.01% |
| SUBTOTAL |
0.01% |
| Total Fixed Income |
100.00% |
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| Country Breakdown |
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Portfolio % |
| United States |
88.44% |
| Russia |
2.95% |
| Brazil |
1.39% |
| Indonesia |
0.82% |
| Kazakhstan |
0.77% |
| United Kingdom |
0.70% |
| Canada |
0.63% |
| Australia |
0.50% |
| Argentina |
0.36% |
| South Africa |
0.33% |
| Netherlands |
0.27% |
| Lithuania |
0.27% |
| Luxembourg |
0.26% |
| India |
0.25% |
| El Salvador |
0.20% |
| United Arab Emirates |
0.19% |
| Peru |
0.19% |
| New Zealand |
0.17% |
| Hong Kong |
0.16% |
| Barbados |
0.13% |
| Ukraine |
0.12% |
| Croatia |
0.12% |
| Norway |
0.11% |
| Switzerland |
0.09% |
| Turkey |
0.09% |
| Ireland |
0.09% |
| China |
0.08% |
| Germany |
0.07% |
| South Korea |
0.07% |
| Colombia |
0.05% |
| Japan |
0.05% |
| Mexico |
0.05% |
| France |
0.03% |
| Total Investments |
100.00% |
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| Net Currency Exposure Breakdown |
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Portfolio % |
| United States Dollar |
98.03% |
| Mexican Peso |
2.04% |
| Australian Dollar |
1.55% |
| Chinese Yuan Renminbi |
1.26% |
| Norwegian Krone |
1.00% |
| Russian Rubles |
0.41% |
| New Turkish Lira |
0.12% |
| Brazilian Real |
0.03% |
| South African Rand |
0.02% |
| Great British Pound |
-0.02% |
| Japanese Yen |
-0.40% |
| Canadian Dollar |
-2.01% |
| Euro Dollar |
-2.03% |
| Total Investments |
100.00% |
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| Credit Quality Breakdown |
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Portfolio % |
| AAA |
74.54% |
| AA |
1.03% |
| A |
3.25% |
| BBB |
10.29% |
| BB |
6.96% |
| B |
3.34% |
| CCC |
0.33% |
| CC |
0.01% |
| D |
0.03% |
| Not Rated |
0.22% |
| Total Investments |
100.00% |
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| Portfolio Statistics: |
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| Average Coupon: |
5.39 |
| Average Bond Price: |
108.92 |
| Percentage of Leverage: |
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| Bank Borrowing: |
0.00% |
| Investment Operations: |
46.76%* |
| Preferred Stock: |
0.00% |
| Tender Option Bonds: |
0.00% |
| Term Asset-Backed Loans Facility (TALF): |
0.00% |
| Total Fund Leverage: |
46.76% |
| Average Maturity: |
11.12 Years |
| Effective Duration: |
7.07 Years |
| Total Net Assets: |
$2,222.10 Million |
| Net Asset Value: |
$9.15 |
| Number of Holdings: |
357 |
* 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.
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