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% |
|
| Consumer Cyclical - Entertainment |
0.11% |
|
| Consumer Cyclical - Other |
0.08% |
|
| 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% |
|
| 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% |
|
| SUBTOTAL |
1.12% |
|
| Local Governments - Municipal Bonds |
0.87% |
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| Preferred Stocks |
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| Financial Institutions |
0.73% |
|
| Industrial |
0.10% |
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| SUBTOTAL |
0.83% |
|
| Governments - Sovereign Bonds |
0.54% |
|
| Common Stocks |
0.42% |
|
| 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% |
|
| 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% |
|
| 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% |
|
| 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% |
|
| Investment Operations: |
46.75%* |
|
| 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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