AllianceBernstein Income Fund Releases Monthly Portfolio Update
NEW YORK, Aug. 27, 2013 /PRNewswire/ -- AllianceBernstein Income Fund, Inc. (NYSE: ACG) (the "Fund") today released its monthly portfolio update as of July 31, 2013.
| AllianceBernstein Income Fund, Inc. |
|
| Top 10 Fixed Income Holdings |
|
| Portfolio % |
|
| 1) U.S. Treasury Notes 2.625%, 8/15/20 - 11/15/20 |
13.77% |
| 2) U.S. Treasury Bonds 6.625%, 2/15/27 |
12.59% |
| 3) U.S. Treasury Bonds 6.875%, 8/15/25 |
11.69% |
| 4) U.S. Treasury Bonds 6.125%, 11/15/27 |
7.97% |
| 5) U.S. Treasury Notes 1.625%, 8/15/22 - 11/15/22 |
4.86% |
| 6) U.S. Treasury Bonds 7.625%, 2/15/25 |
4.25% |
| 7) U.S. Treasury Bonds 8.00%, 11/15/21 |
3.72% |
| 8) Federal National Mortgage Association 5.375%, |
2.31% |
| 6/12/17 |
|
| 9) Residual Funding Corp. Principal Strip Zero |
1.21% |
| Coupon, 7/15/20 |
|
| 10) U.S. Treasury Bonds 6.25%, 8/15/23 |
0.98% |
| Fixed Income Holdings by Security Type |
|
| Portfolio % |
|
| Governments - Treasuries |
|
| Treasuries |
62.06% |
| SUBTOTAL |
62.06% |
| Corporates - Non-Investment Grades |
|
| Communications - Media |
1.87% |
| Energy |
1.54% |
| Consumer Non-Cyclical |
1.25% |
| Capital Goods |
1.12% |
| Technology |
0.70% |
| Consumer Cyclical - Automotive |
0.64% |
| Basic |
0.61% |
| Consumer Cyclical - Retailers |
0.46% |
| Consumer Cyclical - Other |
0.45% |
| Communications - Telecommunications |
0.37% |
| Services |
0.26% |
| Other Industrial |
0.12% |
| Transportation - Services |
0.10% |
| Consumer Cyclical - Entertainment |
0.03% |
| SUBTOTAL |
9.52% |
| Financial Institutions |
|
| Banking |
0.71% |
| Other Finance |
0.31% |
| Brokerage |
0.10% |
| REITS |
0.10% |
| Insurance |
0.09% |
| SUBTOTAL |
1.31% |
| Utility |
|
| Electric |
0.75% |
| Natural Gas |
0.19% |
| SUBTOTAL |
0.94% |
| SUBTOTAL |
11.77% |
| Corporates - Investment Grades |
|
| Industrial |
|
| Communications - Telecommunications |
0.99% |
| Capital Goods |
0.55% |
| Basic |
0.53% |
| Energy |
0.42% |
| Consumer Non-Cyclical |
0.36% |
| Communications - Media |
0.33% |
| Technology |
0.24% |
| Consumer Cyclical - Retailers |
0.18% |
| Consumer Cyclical - Entertainment |
0.11% |
| Consumer Cyclical - Other |
0.07% |
| Transportation - Airlines |
0.06% |
| Transportation - Services |
0.04% |
| Consumer Cyclical - Automotive |
0.03% |
| SUBTOTAL |
3.91% |
| Financial Institutions |
|
| Insurance |
0.89% |
| Banking |
0.58% |
| REITS |
0.38% |
| Finance |
0.10% |
| Other Finance |
0.01% |
| SUBTOTAL |
1.96% |
| Non Corporate Sectors |
|
| Agencies - Not Government Guaranteed |
1.03% |
| SUBTOTAL |
1.03% |
| Utility |
|
| Electric |
0.19% |
| Natural Gas |
0.06% |
| SUBTOTAL |
0.25% |
| SUBTOTAL |
7.15% |
| Agencies |
|
| Agency Subordinated |
2.31% |
| Agency Debentures |
2.23% |
| SUBTOTAL |
4.54% |
| Collateralized Mortgage Obligations |
|
| Non-Agency Fixed Rate |
1.44% |
| Non-Agency Floating Rate |
0.78% |
| Agency Fixed Rate |
0.02% |
| SUBTOTAL |
2.24% |
| Emerging Markets - Corporate Bonds |
|
| Industrial |
|
| Consumer Non-Cyclical |
0.74% |
| Basic |
0.26% |
| Communications - Telecommunications |
0.21% |
| Energy |
0.16% |
| Capital Goods |
0.14% |
| Transportation - Airlines |
0.12% |
| Communications - Media |
0.06% |
| SUBTOTAL |
1.69% |
| Financial Institutions |
|
| Banking |
0.14% |
| SUBTOTAL |
0.14% |
| SUBTOTAL |
1.83% |
| Mortgage Pass-Throughs |
|
| Agency Fixed Rate 30-Year |
1.02% |
| Agency ARMs |
0.45% |
| SUBTOTAL |
1.47% |
| Bank Loans |
|
| Industrial |
|
| Consumer Non-Cyclical |
0.43% |
| Consumer Cyclical - Automotive |
0.26% |
| Technology |
0.20% |
| Basic |
0.13% |
| Communications - Media |
0.12% |
| Consumer Cyclical - Entertainment |
0.10% |
| Consumer Cyclical - Retailers |
0.07% |
| Other Industrial |
0.04% |
| Consumer Cyclical - Other |
0.02% |
| Energy |
0.01% |
| SUBTOTAL |
1.38% |
| SUBTOTAL |
1.38% |
| Quasi-Sovereigns |
|
| Quasi-Sovereign Bonds |
1.14% |
| SUBTOTAL |
1.14% |
| Commercial Mortgage-Backed Securities |
|
| Non-Agency Fixed Rate CMBS |
0.83% |
| Non-Agency Floating Rate CMBS |
0.22% |
| SUBTOTAL |
1.05% |
| Local Governments - Municipal Bonds |
0.87% |
| Emerging Markets - Sovereigns |
0.85% |
| Preferred Stocks |
|
| Financial Institutions |
0.74% |
| Industrial |
0.11% |
| SUBTOTAL |
0.85% |
| Governments - Sovereign Bonds |
0.63% |
| Common Stocks |
0.39% |
| Governments - Sovereign Agencies |
0.25% |
| Options Purchased - Puts |
|
| Options on Forward Contracts |
0.02% |
| SUBTOTAL |
0.02% |
| Short-Term Investments |
|
| Investment Companies |
1.51% |
| Total Fixed Income |
100.00% |
| Country Breakdown |
|
| Portfolio % |
|
| United States |
88.98% |
| Brazil |
2.15% |
| Russia |
1.48% |
| United Kingdom |
0.94% |
| Canada |
0.73% |
| Mexico |
0.55% |
| Argentina |
0.53% |
| Netherlands |
0.42% |
| Luxembourg |
0.37% |
| Croatia |
0.31% |
| Indonesia |
0.29% |
| Germany |
0.28% |
| Hungary |
0.26% |
| India |
0.24% |
| Switzerland |
0.23% |
| Colombia |
0.22% |
| Venezuela |
0.21% |
| El Salvador |
0.20% |
| Spain |
0.19% |
| Peru |
0.19% |
| Nigeria |
0.14% |
| Norway |
0.13% |
| Belarus |
0.13% |
| Portugal |
0.13% |
| South Africa |
0.11% |
| France |
0.10% |
| Barbados |
0.10% |
| Belgium |
0.10% |
| Australia |
0.09% |
| United Arab Emirates |
0.08% |
| Singapore |
0.07% |
| Jamaica |
0.05% |
| Total Investments |
100.00% |
| Net Currency Exposure Breakdown |
|
| Portfolio % |
|
| United States Dollar |
105.55% |
| Russian Rubles |
0.91% |
| Singapore Dollar |
0.52% |
| Nigerian Naira |
0.20% |
| Brazilian Real |
0.07% |
| Mexican Peso |
0.01% |
| Czech Koruny |
-0.01% |
| Japanese Yen |
-1.02% |
| Canadian Dollar |
-2.02% |
| Great British Pound |
-2.03% |
| Euro |
-2.18% |
| Total Investments |
100.00% |
| Credit Quality Breakdown |
|
| Portfolio % |
|
| AAA |
68.31% |
| AA |
0.10% |
| A |
2.14% |
| BBB |
9.35% |
| BB |
7.90% |
| B |
7.58% |
| CCC |
2.37% |
| CC |
0.38% |
| D |
0.10% |
| Not Rated |
0.25% |
| Short Term Investments |
1.52% |
| Total Investments |
100.00% |
| Portfolio Statistics: |
|
| Average Coupon: |
8.47% |
| Average Bond Price : |
118.48 |
| Percentage of Leverage: |
|
| Bank Borrowing: |
0.00% |
| Investment Operations: |
51.39%* |
| Preferred Stock: |
0.00% |
| Tender Option Bonds: |
0.00% |
| Term Asset-Backed Loans Facility (TALF): |
0.00% |
| Total Fund Leverage: |
51.39% |
| Average Maturity: |
14.85 Years |
| Effective Duration: |
8.77 Years |
| Total Net Assets: |
$2,024.78 Million |
| Net Asset Value: |
$8.34 |
| Number of Holdings: |
366 |
| Portfolio Turnover: |
58% |
* 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.
Share this article