AllianceBernstein Income Fund Releases Monthly Portfolio Update
NEW YORK, Dec. 26, 2013 /PRNewswire/ -- AllianceBernstein Income Fund, Inc. (NYSE: ACG) (the "Fund") today released its monthly portfolio update as of November 30, 2013.
AllianceBernstein Income Fund, Inc. |
|
Top 10 Fixed Income Holdings |
|
Portfolio % |
|
1) U.S. Treasury Bonds 6.00%, 2/15/26 |
21.66% |
2) U.S. Treasury Bonds 6.375%, 8/15/27 |
17.59% |
3) U.S. Treasury Notes 3.625%, 2/15/21 |
16.20% |
4) U.S. Treasury Bonds 6.50%, 11/15/26 |
12.45% |
5) U.S. Treasury Notes 2.125%, 8/31/20 - 8/15/21 |
9.97% |
6) U.S. Treasury Notes 3.125%, 5/15/21 |
5.04% |
7) U.S. Treasury Notes 2.625%, 11/15/20 |
3.48% |
8) Federal National Mortgage Association 5.375%, 6/12/17 |
3.41% |
9) Residual Funding Corp. Principal Strip Zero Coupon, 7/15/20 |
1.78% |
10) U.S. Treasury Notes 2.00%, 2/15/22 |
1.26% |
Investment Type |
|
Portfolio % |
|
Governments - Treasuries |
|
Treasuries |
90.15% |
Treasury Futures |
-44.77% |
SUBTOTAL |
45.38% |
Corporates - Non-Investment Grades |
|
Industrial |
|
Communications - Media |
2.95% |
Consumer Non-Cyclical |
2.04% |
Energy |
1.84% |
Capital Goods |
1.53% |
Technology |
0.97% |
Basic |
0.95% |
Consumer Cyclical - Automotive |
0.77% |
Consumer Cyclical - Retailers |
0.70% |
Communications - Telecommunications |
0.68% |
Consumer Cyclical - Other |
0.67% |
Services |
0.44% |
Other Industrial |
0.18% |
Transportation - Services |
0.15% |
Consumer Cyclical - Entertainment |
0.05% |
SUBTOTAL |
13.92% |
Credit Default Swaps |
3.30% |
Financial Institutions |
|
Banking |
0.65% |
Other Finance |
0.43% |
Finance |
0.33% |
Brokerage |
0.15% |
REITS |
0.15% |
Insurance |
0.13% |
SUBTOTAL |
1.84% |
Utility |
|
Electric |
1.31% |
Natural Gas |
0.39% |
SUBTOTAL |
1.70% |
SUBTOTAL |
20.76% |
Corporates - Investment Grades |
|
Industrial |
|
Communications - Telecommunications |
1.60% |
Capital Goods |
0.81% |
Basic |
0.79% |
Energy |
0.64% |
Consumer Non-Cyclical |
0.52% |
Communications - Media |
0.48% |
Consumer Cyclical - Retailers |
0.25% |
Technology |
0.24% |
Transportation - Services |
0.17% |
Consumer Cyclical - Entertainment |
0.16% |
Consumer Cyclical - Other |
0.11% |
Transportation - Airlines |
0.08% |
Consumer Cyclical - Automotive |
0.04% |
SUBTOTAL |
5.89% |
Financial Institutions |
|
Insurance |
1.30% |
Banking |
1.06% |
REITS |
0.57% |
Finance |
0.15% |
Other Finance |
0.02% |
SUBTOTAL |
3.10% |
Non Corporate Sectors |
|
Agencies - Not Government Guaranteed |
1.41% |
SUBTOTAL |
1.41% |
Utility |
|
Electric |
0.12% |
Natural Gas |
0.09% |
SUBTOTAL |
0.21% |
Credit Default Swaps |
-0.13% |
SUBTOTAL |
10.48% |
Agencies |
|
Agency Subordinated |
3.41% |
Agency Debentures |
3.26% |
SUBTOTAL |
6.67% |
Collateralized Mortgage Obligations |
|
Non-Agency Fixed Rate |
1.92% |
Non-Agency Floating Rate |
1.34% |
Agency Fixed Rate |
0.04% |
SUBTOTAL |
3.30% |
Emerging Markets - Corporate Bonds |
|
Industrial |
|
Consumer Non-Cyclical |
0.60% |
Capital Goods |
0.33% |
Communications - Telecommunications |
0.31% |
Energy |
0.23% |
Consumer Cyclical - Retailers |
0.20% |
Transportation - Airlines |
0.19% |
Basic |
0.16% |
Communications - Media |
0.09% |
SUBTOTAL |
2.11% |
SUBTOTAL |
2.11% |
Commercial Mortgage-Backed Securities |
|
Non-Agency Fixed Rate CMBS |
1.85% |
SUBTOTAL |
1.85% |
Preferred Stocks |
|
Financial Institutions |
1.63% |
Industrial |
0.15% |
SUBTOTAL |
1.78% |
Mortgage Pass-Throughs |
|
Agency Fixed Rate 30-Year |
1.08% |
Agency ARMs |
0.65% |
SUBTOTAL |
1.73% |
Quasi-Sovereigns |
|
Quasi-Sovereign Bonds |
1.58% |
SUBTOTAL |
1.58% |
Bank Loans |
|
Industrial |
|
Consumer Non-Cyclical |
0.46% |
Consumer Cyclical - Automotive |
0.31% |
Other Industrial |
0.20% |
Technology |
0.20% |
Communications - Media |
0.17% |
Consumer Cyclical - Other |
0.12% |
Basic |
0.10% |
Energy |
0.01% |
SUBTOTAL |
1.57% |
SUBTOTAL |
1.57% |
Local Governments - Municipal Bonds |
1.25% |
Interest Rate Swaps - SIFMA |
0.91% |
Governments - Sovereign Bonds |
0.77% |
Governments - Sovereign Agencies |
0.70% |
Emerging Markets - Sovereigns |
0.51% |
Currency Instruments |
|
Forward Currency Exchange Contracts |
0.09% |
SUBTOTAL |
0.09% |
Common Stocks |
|
Common Stocks |
|
Common Stocks |
0.05% |
SUBTOTAL |
0.05% |
SUBTOTAL |
0.05% |
Reverse Repurchase Agreements |
-45.40% |
Net Cash Equivalents |
|
Cash |
1.74% |
Investment Companies |
1.48% |
SUBTOTAL |
3.22% |
Derivative Offsets |
|
Futures Offsets |
44.72% |
Swaps Offsets |
-4.03% |
SUBTOTAL |
40.69% |
100.00% |
|
Country at Risk Breakdown |
|
Portfolio % |
|
United States |
85.40% |
Australia |
3.00% |
Russia |
2.59% |
United Kingdom |
2.11% |
Brazil |
1.84% |
Mexico |
1.07% |
Canada |
0.99% |
Germany |
0.60% |
Luxembourg |
0.57% |
Switzerland |
0.55% |
Netherlands |
0.45% |
Indonesia |
0.40% |
Hungary |
0.39% |
India |
0.34% |
France |
0.32% |
Colombia |
0.31% |
El Salvador |
0.30% |
Croatia |
0.30% |
Peru |
0.28% |
Spain |
0.27% |
Venezuela |
0.26% |
Nigeria |
0.21% |
Norway |
0.20% |
Portugal |
0.20% |
South Africa |
0.17% |
Chile |
0.15% |
Barbados |
0.15% |
Belgium |
0.15% |
Singapore |
0.11% |
Jamaica |
0.07% |
Euro Zone |
-1.81% |
Japan |
-1.94% |
Total Net Assets |
100.00% |
Net Currency Exposure Breakdown |
|
Portfolio % |
|
United States Dollar |
100.81% |
Russian Rubles |
0.91% |
Nigerian Naira |
0.21% |
Brazilian Real |
0.05% |
Euro |
0.02% |
Mexican Peso |
-0.06% |
Japanese Yen |
-1.94% |
Total Net Assets |
100.00% |
Credit Rating |
|
Portfolio % |
|
AAA |
52.02% |
AA |
0.15% |
A |
3.52% |
BBB |
12.76% |
BB |
12.26% |
B |
9.48% |
CCC |
3.37% |
CC |
0.51% |
D |
0.22% |
Not Rated |
0.70% |
Short Term Investments |
1.48% |
N/A |
3.53% |
100.00% |
|
Bonds By Maturity |
|
Portfolio % |
|
Less than 1 year |
-39.36% |
1 to 5 years |
20.51% |
5 to 10 years |
55.33% |
10 to 20 years |
56.14% |
20 to 30 years |
6.21% |
More than 30 years |
1.12% |
Other |
0.05% |
Total Net Assets |
100.00% |
Portfolio Statistics: |
|
Average Coupon: |
7.81% |
Average Bond Price : |
115.31 |
Percentage of Leverage: |
|
Bank Borrowing: |
0.00% |
Investment Operations: |
47.14%* |
Preferred Stock: |
0.00% |
Tender Option Bonds: |
0.00% |
Term Asset-Backed Loans Facility (TALF): |
0.00% |
Total Fund Leverage: |
47.14% |
Average Maturity: |
14.20 Years |
Effective Duration: |
6.91 Years |
Total Net Assets: |
$2,006.60 Million |
Net Asset Value: |
$8.26 |
Number of Holdings: |
426 |
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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