AllianceBernstein Income Fund Releases Monthly Portfolio Update
NEW YORK, Jan. 26 /PRNewswire-FirstCall/ -- AllianceBernstein Income Fund, Inc. (NYSE: ACG) (the "Fund") today released its monthly portfolio update as of December 31, 2009.
AllianceBernstein Income Fund, Inc. Top 10 Fixed-Income Holdings Portfolio % 1)U.S. Treasury Notes 1.375%, 9/15/12 - 8.53% 10/15/12 2)U.S. Treasury Bonds 8.125%, 8/15/19 7.33% 3)U.S. Treasury Notes 2.375%, 4/15/11 - 7.27% 8/31/14 4)U.S. Treasury Bonds 11.25%, 2/15/15 6.81% 5)U.S. Treasury Notes 1.75%, 8/15/12 6.69% 6)U.S. Treasury STRIPS Zero Coupon, 5/15/17 6.64% 7)U.S. Treasury Notes 3.875%, 2/15/13 4.76% 8)U.S. Treasury STRIPS Zero Coupon, 11/15/21 3.22% 9)U.S. Treasury Bonds 6.625%, 2/15/27 3.05% 10)U.S. Treasury 2.625%, 2/29/16 2.40% Security Type Breakdown Portfolio % Governments - Treasuries: Treasuries 58.55% Mortgage Pass-Thru's: Agency ARMS 4.47% Agency Fixed Rate 30-Year 4.21% SUBTOTAL 8.68% Commercial Mortgage-Backed Securities: Non-Agency Fixed Rate CMBS 7.48% SUBTOTAL 7.48% Corporates - Investment Grades: Financial Institutions: Banking 2.11% Finance 0.47% Insurance 0.25% Other Finance 0.02% SUBTOTAL 2.85% Industrial: Basic 1.11% Transportation - Airlines 0.32% Energy 0.28% Consumer Cyclical - Automotive 0.23% Capital Goods 0.22% Other Industrial 0.21% Communications - Media 0.19% Communications - Telecommunications 0.13% Technology 0.07% Consumer Non-Cyclical 0.06% SUBTOTAL 2.82% Non Corporate Sectors: Agencies - Not Government Guaranteed 1.47% SUBTOTAL 1.47% Utility: Electric 0.02% SUBTOTAL 0.02% SUBTOTAL 7.16% Corporates - Non-Investment Grades: Industrial: Basic 0.74% Capital Goods 0.42% Consumer Non-Cyclical 0.32% Communications - Media 0.28% Communications - Telecommunications 0.26% Consumer Cyclical - Retailers 0.24% Consumer Cyclical - Other 0.13% Other Industrial 0.08% Consumer Cyclical - Automotive 0.08% Transportation - Services 0.05% Technology 0.01% SUBTOTAL 2.61% Financial Institutions: Banking 0.45% Finance 0.35% Insurance 0.16% Brokerage 0.03% SUBTOTAL 0.99% SUBTOTAL 3.60% Inflation-Linked Securities 2.99% Agencies: Agency Debentures 2.18% Quasi-Sovereigns: Quasi-Sovereign Bonds 2.09% Bank Loans: Industrial: Communications - Media 0.26% Technology 0.23% Consumer Non-Cyclical 0.20% Basic 0.18% Services 0.15% Consumer Cyclical - Other 0.13% Consumer Cyclical - Retailers 0.09% Energy 0.09% Communications - Telecommunications 0.07% Consumer Cyclical - Entertainment 0.07% Capital Goods 0.06% Transportation - Airlines 0.03% Consumer Cyclical - Automotive 0.03% Other Industrial 0.01% SUBTOTAL 1.60% Financial Institutions: Finance 0.23% Other Finance 0.03% REITS 0.02% Insurance 0.01% SUBTOTAL 0.29% Utility: Electric 0.12% SUBTOTAL 0.12% SUBTOTAL 2.01% Emerging Markets - Treasuries: 1.82% Emerging Markets - Sovereigns: 1.12% Asset-Backed Securities: Credit Cards - Floating Rate 0.66% Autos - Floating Rate 0.29% SUBTOTAL 0.95% Emerging Markets - Corporate Bonds: Financial Institutions: Banking 0.19% Other Finance 0.01% SUBTOTAL 0.20% Industrial: Energy 0.11% Basic 0.01% Consumer Non-Cyclical 0.01% SUBTOTAL 0.13% SUBTOTAL 0.33% Governments - Sovereign Bonds 0.33% CMOs: Non-Agency ARMS 0.11% Agency Fixed Rate 0.01% SUBTOTAL 0.12% Preferred Stocks: Financial Institutions 0.06% SUBTOTAL 0.06% Equities: Common Stock 0.02% Warrants 0.01% SUBTOTAL 0.03% Local Governments - Regional Bonds 0.01% Short-Term Investments: Investment Companies 0.49% Total 100.00% Country Breakdown Portfolio % United States 87.21% Russia 3.88% Brazil 2.48% Turkey 1.16% Colombia 0.78% Indonesia 0.77% Kazakhstan 0.57% Argentina 0.36% Hong Kong 0.36% United Kingdom 0.34% India 0.24% El Salvador 0.20% Peru 0.18% Lithuania 0.17% Netherlands 0.17% Australia 0.17% Canada 0.16% Sweden 0.15% Croatia 0.15% Bermuda 0.12% Switzerland 0.12% France 0.10% Germany 0.08% Belgium 0.04% Luxembourg 0.02% South Africa 0.01% Greece 0.01% Total 100.00% Credit Quality Breakdown Portfolio % AAA 79.41% AA 0.28% A 1.94% BBB 9.20% BB 5.15% B 1.69% CCC 1.66% CC 0.04% C 0.07% D 0.06% A-1+ 0.50% Total Investments 100.00% Portfolio Statistics Percentage of Leverage: Bank Borrowing: 0.00% Investment Operations: 30.08% Preferred Stock: 0.00% Tender Option Bonds: 0.00% Term Asset-Backed Loans Facility (TALF): 3.92% Total: 34.00%, as of 12/31/2009 Avg. Maturity: 8.91 Years Effective Duration: Corporate 4.27 yrs Non Dollar Government 5.09 yrs Emerging Market 5.21 yrs US Treasury 2.78 yrs High Yield 2.29 yrs Total Portfolio: 4.65 Years, as of 12/31/2009 Total Net Assets: $2,033.4 Million Net Asset Value: $8.37 Number of Holdings: 312
* 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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