AllianceBernstein Income Fund Releases Monthly Portfolio Update
NEW YORK, Oct. 29, 2013 /PRNewswire/ -- AllianceBernstein Income Fund, Inc. (NYSE: ACG) (the "Fund") today released its monthly portfolio update as of September 30, 2013.
AllianceBernstein Income Fund, Inc. |
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Top 10 Fixed Income Holdings |
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Portfolio % |
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1) U.S. Treasury Bonds 6.00%, 2/15/26 |
15.31% |
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2) U.S. Treasury Bonds 6.375%, 8/15/27 |
12.44% |
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3) U.S. Treasury Notes 3.625%, 2/15/21 |
11.34% |
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4) U.S. Treasury Bonds 6.50%, 11/15/26 |
8.81% |
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5) U.S. Treasury Notes 2.125%, 8/31/20 - 8/15/21 |
6.97% |
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6) U.S. Treasury Notes 3.125%, 5/15/21 |
3.53% |
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7) U.S. Treasury Notes 2.625%, 11/15/20 |
2.43% |
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8) Federal National Mortgage Association 5.375%, 6/12/17 |
2.37% |
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9) Residual Funding Corp. Principal Strip Zero Coupon, 7/15/20 |
1.24% |
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10) U.S. Treasury Notes 2.00%, 2/15/22 |
0.88% |
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Fixed Income Holdings by Security Type |
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Portfolio % |
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Governments - Treasuries |
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Treasuries |
62.81% |
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SUBTOTAL |
62.81% |
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Corporates - Non-Investment Grades |
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Industrial |
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Communications - Media |
1.93% |
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Energy |
1.35% |
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Consumer Non-Cyclical |
1.34% |
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Capital Goods |
1.06% |
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Technology |
0.73% |
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Basic |
0.65% |
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Consumer Cyclical - Automotive |
0.54% |
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Communications - Telecommunications |
0.49% |
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Consumer Cyclical - Other |
0.46% |
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Consumer Cyclical - Retailers |
0.46% |
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Services |
0.31% |
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Other Industrial |
0.12% |
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Transportation - Services |
0.10% |
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Consumer Cyclical - Entertainment |
0.03% |
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SUBTOTAL |
9.57% |
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Financial Institutions |
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Banking |
0.64% |
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Other Finance |
0.32% |
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Brokerage |
0.10% |
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REITS |
0.10% |
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Insurance |
0.09% |
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Finance |
0.07% |
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SUBTOTAL |
1.32% |
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Utility |
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Electric |
0.87% |
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Natural Gas |
0.28% |
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SUBTOTAL |
1.15% |
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SUBTOTAL |
12.04% |
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Corporates - Investment Grades |
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Industrial |
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Communications - Telecommunications |
0.97% |
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Capital Goods |
0.56% |
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Basic |
0.55% |
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Energy |
0.44% |
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Consumer Non-Cyclical |
0.36% |
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Communications - Media |
0.34% |
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Technology |
0.24% |
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Consumer Cyclical - Retailers |
0.18% |
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Consumer Cyclical - Entertainment |
0.11% |
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Consumer Cyclical - Other |
0.08% |
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Transportation - Airlines |
0.06% |
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Transportation - Services |
0.04% |
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Consumer Cyclical - Automotive |
0.03% |
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SUBTOTAL |
3.96% |
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Financial Institutions |
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Insurance |
0.91% |
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Banking |
0.81% |
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REITS |
0.39% |
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Finance |
0.10% |
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Other Finance |
0.01% |
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SUBTOTAL |
2.22% |
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Non Corporate Sectors |
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Agencies - Not Government Guaranteed |
0.98% |
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SUBTOTAL |
0.98% |
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Utility |
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Electric |
0.09% |
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Natural Gas |
0.06% |
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SUBTOTAL |
0.15% |
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SUBTOTAL |
7.31% |
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Agencies |
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Agency Subordinated |
2.37% |
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Agency Debentures |
2.28% |
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SUBTOTAL |
4.65% |
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Collateralized Mortgage Obligations |
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Non-Agency Fixed Rate |
1.35% |
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Non-Agency Floating Rate |
0.92% |
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Agency Fixed Rate |
0.02% |
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SUBTOTAL |
2.29% |
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Emerging Markets - Corporate Bonds |
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Industrial |
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Consumer Non-Cyclical |
0.55% |
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Basic |
0.27% |
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Capital Goods |
0.23% |
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Communications - Telecommunications |
0.22% |
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Energy |
0.16% |
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Consumer Cyclical - Retailers |
0.14% |
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Transportation - Airlines |
0.12% |
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Communications - Media |
0.06% |
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SUBTOTAL |
1.75% |
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SUBTOTAL |
1.75% |
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Mortgage Pass-Throughs |
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Agency Fixed Rate 30-Year |
0.79% |
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Agency ARMs |
0.46% |
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SUBTOTAL |
1.25% |
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Commercial Mortgage-Backed Securities |
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Non-Agency Fixed Rate CMBS |
0.92% |
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Non-Agency Floating Rate CMBS |
0.23% |
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SUBTOTAL |
1.15% |
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Quasi-Sovereigns |
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Quasi-Sovereign Bonds |
1.15% |
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SUBTOTAL |
1.15% |
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Bank Loans |
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Industrial |
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Consumer Non-Cyclical |
0.42% |
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Consumer Cyclical - Automotive |
0.26% |
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Technology |
0.14% |
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Communications - Media |
0.12% |
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Basic |
0.10% |
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Other Industrial |
0.04% |
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Consumer Cyclical - Other |
0.03% |
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Energy |
0.01% |
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SUBTOTAL |
1.12% |
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SUBTOTAL |
1.12% |
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Local Governments - Municipal Bonds |
0.87% |
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Preferred Stocks |
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Financial Institutions |
0.73% |
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Industrial |
0.10% |
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SUBTOTAL |
0.83% |
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Governments - Sovereign Bonds |
0.54% |
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Common Stocks |
0.42% |
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Governments - Sovereign Agencies |
0.39% |
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Emerging Markets - Sovereigns |
0.33% |
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Short-Term Investments |
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Investment Companies |
1.10% |
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Total Fixed Income |
100.00% |
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Country Breakdown |
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Portfolio % |
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United States |
89.41% |
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Brazil |
2.00% |
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Russia |
1.52% |
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United Kingdom |
0.83% |
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Mexico |
0.78% |
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Canada |
0.73% |
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Netherlands |
0.44% |
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Germany |
0.40% |
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Luxembourg |
0.39% |
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Switzerland |
0.37% |
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Indonesia |
0.28% |
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Hungary |
0.27% |
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India |
0.23% |
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France |
0.22% |
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Colombia |
0.22% |
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Venezuela |
0.21% |
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El Salvador |
0.21% |
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Croatia |
0.21% |
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Peru |
0.20% |
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Spain |
0.18% |
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Norway |
0.14% |
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Portugal |
0.13% |
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Belarus |
0.12% |
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South Africa |
0.12% |
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Barbados |
0.10% |
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Belgium |
0.10% |
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Singapore |
0.07% |
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Australia |
0.07% |
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Jamaica |
0.05% |
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Total Investments |
100.00% |
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Net Currency Exposure Breakdown |
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Portfolio % |
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United States Dollar |
102.13% |
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Russian Rubles |
0.95% |
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Brazilian Real |
0.06% |
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Euro |
-0.01% |
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Czech Koruny |
-0.01% |
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Japanese Yen |
-1.01% |
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Australian Dollar |
-1.04% |
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Great British Pound |
-1.07% |
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Total Investments |
100.00% |
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Credit Quality Breakdown |
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Portfolio % |
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AAA |
68.96% |
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AA |
0.10% |
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A |
2.10% |
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BBB |
9.50% |
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BB |
8.40% |
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B |
6.73% |
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CCC |
2.42% |
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CC |
0.36% |
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D |
0.16% |
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Not Rated |
0.16% |
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Short Term Investments |
1.11% |
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Total Investments |
100.00% |
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Portfolio Statistics: |
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Average Coupon: |
7.82% |
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Average Bond Price : |
115.71 |
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Percentage of Leverage: |
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Bank Borrowing: |
0.00% |
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Investment Operations: |
46.75%* |
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Preferred Stock: |
0.00% |
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Tender Option Bonds: |
0.00% |
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Term Asset-Backed Loans Facility (TALF): |
0.00% |
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Total Fund Leverage: |
46.75% |
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Average Maturity: |
14.39 Years |
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Effective Duration: |
7.93 Years |
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Total Net Assets: |
$2,007.45 Million |
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Net Asset Value: |
$8.26 |
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Number of Holdings: |
361 |
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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
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