AllianceBernstein Income Fund Releases Monthly Portfolio Update
NEW YORK, April 27 /PRNewswire-FirstCall/ -- AllianceBernstein Income Fund, Inc. (NYSE: ACG) (the "Fund") today released its monthly portfolio update as of March 31, 2010.
AllianceBernstein Income Fund, Inc.
Top 10 Fixed-Income Holdings
Portfolio %
1)U.S. Treasury Notes 1.375%, 9/15/12 - 8.79%
10/15/12
2)U.S. Treasury STRIPS Zero Coupon, 5/15/17 6.92%
3)U.S. Treasury Notes 3.625%, 2/15/20 6.90%
4)U.S. Treasury Notes 1.75%, 8/15/12 6.88%
5)U.S. Treasury Notes 4.50%, 11/15/15 - 5.51%
2/15/16
6)U.S. Treasury Notes 4.25%, 8/15/15 5.41%
7)U.S. Treasury Notes 3.125%, 8/31/13 4.86%
8)U.S. Treasury Notes 2.625%, 2/29/16 - 4.72%
4/30/16
9)U.S. Treasury STRIPS Zero Coupon, 11/15/21 3.35%
10)U.S. Treasury Bonds 6.625%, 2/15/27 3.15%
Security Type Breakdown
Portfolio %
Governments - Treasuries:
Treasuries 61.09%
Corporates - Investment Grades:
Industrial:
Basic 1.25%
Energy 0.47%
Transportation - Airlines 0.40%
Consumer Cyclical - Automotive 0.31%
Capital Goods 0.23%
Other Industrial 0.22%
Communications - Media 0.20%
Communications - Telecommunications 0.14%
Technology 0.08%
Consumer Non-Cyclical 0.06%
Consumer Cyclical - Retailers 0.02%
SUBTOTAL 3.38%
Financial Institutions:
Banking 2.11%
Finance 0.49%
Insurance 0.33%
REITS 0.06%
Other Finance 0.02%
SUBTOTAL 3.01%
Non Corporate Sectors:
Agencies - Not Government Guaranteed 1.58%
SUBTOTAL 1.58%
Utility:
Electric 0.12%
SUBTOTAL 0.12%
SUBTOTAL 8.09%
Mortgage Pass-Thru's:
Agency Fixed Rate 30-Year 3.82%
Agency ARMS 3.14%
SUBTOTAL 6.96%
Corporates - Non-Investment Grades:
Industrial:
Basic 1.06%
Capital Goods 0.76%
Communications - Media 0.59%
Communications - Telecommunications 0.53%
Consumer Cyclical - Other 0.36%
Energy 0.32%
Consumer Non-Cyclical 0.29%
Consumer Cyclical - Retailers 0.25%
Consumer Cyclical - Automotive 0.17%
Other Industrial 0.08%
Consumer Cyclical - Entertainment 0.08%
Services 0.07%
Transportation - Services 0.06%
Transportation - Airlines 0.02%
Technology 0.01%
SUBTOTAL 4.65%
Financial Institutions:
Banking 0.51%
Finance 0.38%
Insurance 0.17%
Brokerage 0.03%
SUBTOTAL 1.09%
Utility:
Electric 0.44%
Natural Gas 0.17%
SUBTOTAL 0.61%
SUBTOTAL 6.35%
Commercial Mortgage-Backed Securities:
Non-Agency Fixed Rate CMBS 4.02%
SUBTOTAL 4.02%
Inflation-Linked Securities 2.96%
Agencies:
Agency Debentures 2.23%
Quasi-Sovereigns:
Quasi-Sovereign Bonds 2.21%
Bank Loans:
Industrial:
Communications - Media 0.28%
Technology 0.24%
Services 0.17%
Consumer Non-Cyclical 0.15%
Consumer Cyclical - Other 0.14%
Basic 0.14%
Consumer Cyclical - Retailers 0.10%
Energy 0.10%
Capital Goods 0.09%
Communications - Telecommunications 0.08%
Consumer Cyclical - Entertainment 0.06%
Transportation - Airlines 0.03%
Consumer Cyclical - Automotive 0.02%
Other Industrial 0.01%
SUBTOTAL 1.61%
Financial Institutions:
Finance 0.21%
Other Finance 0.03%
Insurance 0.01%
SUBTOTAL 0.25%
Utility:
Electric 0.13%
SUBTOTAL 0.13%
SUBTOTAL 1.99%
Emerging Markets - Sovereigns:
(none):
Sovereign 1.17%
SUBTOTAL 1.17%
Asset-Backed Securities:
Credit Cards - Floating Rate 0.70%
Autos - Floating Rate 0.26%
SUBTOTAL 0.96%
Emerging Markets - Treasuries:
(none):
Sovereign 0.85%
SUBTOTAL 0.85%
Emerging Markets - Corporate Bonds:
Financial Institutions:
Banking 0.21%
Other Finance 0.01%
SUBTOTAL 0.22%
Industrial:
Energy 0.11%
Basic 0.02%
Consumer Non-Cyclical 0.01%
SUBTOTAL 0.14%
SUBTOTAL 0.36%
Governments - Sovereign Bonds 0.35%
Local Governments - Municipal Bonds 0.14%
CMOs:
Non-Agency ARMS 0.10%
SUBTOTAL 0.10%
Preferred Stocks:
Financial Institutions 0.07%
SUBTOTAL 0.07%
Equities:
Common Stock 0.02%
Warrants 0.01%
SUBTOTAL 0.03%
Local Governments - Regional Bonds 0.01%
Short-Term Investments:
Investment Companies 0.05%
Time Deposit 0.01%
SUBTOTAL 0.06%
Total 100.00%
Country Breakdown
Portfolio %
United States 86.90%
Russia 4.19%
Brazil 2.16%
Colombia 0.85%
Indonesia 0.81%
Germany 0.79%
Kazakhstan 0.63%
United Kingdom 0.51%
South Africa 0.38%
Argentina 0.37%
Canada 0.27%
India 0.27%
El Salvador 0.22%
Hong Kong 0.22%
Netherlands 0.21%
Peru 0.19%
Lithuania 0.19%
Australia 0.18%
Croatia 0.16%
Sweden 0.15%
Turkey 0.12%
Bermuda 0.12%
Belgium 0.05%
France 0.04%
Switzerland 0.02%
Total 100.00%
Credit Quality Breakdown
Portfolio %
AAA 76.78%
AA 0.28%
A 2.50%
BBB 10.13%
BB 6.09%
B 2.81%
CCC 1.22%
CC 0.01%
C 0.08%
D 0.04%
A-1+ 0.06%
Total Investments 100.00%
Portfolio Statistics:
Percentage of Leverage:
Bank Borrowing: 0.00%
Investment Operations: 30.25%
Preferred Stock: 0.00%
Tender Option Bonds: 0.00%
Term Asset-Backed Loans
Facility (TALF): .59%
Total: 30.84%, as of 03/31/2010
Avg. Maturity: 9.08 Years
Effective Duration:
Corporate 5.55 yrs
Non Dollar Government 6.28 yrs
Emerging Market 6.02 yrs
US Treasury 3.09 yrs
High Yield 3.33 yrs
Total Portfolio: 5.23 Years, as of 03/31/20
Total Net Assets: $2,071.1 Million
Net Asset Value: $8.53
Number of Holdings: 333
* 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