Alliance New York Municipal Income Fund Releases Monthly Portfolio Update
NEW YORK, Feb. 28, 2012 /PRNewswire/ -- Alliance New York Municipal Income Fund, Inc. (NYSE: AYN) (the "Fund") today released its monthly portfolio update as of January 31, 2012.
| Alliance New York Municipal Income Fund, Inc. |
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| Top 10 Fixed-Income Holdings |
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Portfolio % |
| 1) New York St Mortgage Agy SFMR (New York St |
7.09% |
| Mortgage Agy) Series 01-29 5.45%, 4/01/31 |
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| 2) Metropolitan Trnsp Auth NY Series 02A |
4.83% |
| 5.125%, 11/15/31 |
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| 3) New York St Dormitory Auth (Maimonides Med |
4.61% |
| Ctr) NPFGC Series 04 5.75%, 8/01/29 |
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| 4) New York NY Mun Wtr Fin Auth Series 02A |
4.32% |
| 5.125%, 6/15/34 |
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| 5) New York NY Trst for Cult Res (Museum of |
4.30% |
| Modern Art) AMBAC Series 01D 5.125%, 7/01/31 |
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| 6) New York St UDC Series 02A 5.25%, 3/15/32 |
4.28% |
| (Prerefunded/ETM) |
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| 7) Erie Cnty NY Fiscal Stability Auth (Erie Cnty |
4.18% |
| NY Sales Tax) Series 2011C 5.00%, 12/01/25 |
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| 8) New York St Thruway Auth (New York St Thruway |
4.14% |
| Auth Ded Tax) Series 2011A 5.00%, 4/01/25 |
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| 9) Puerto Rico Sales Tax Fin Corp. Series 2009A |
3.83% |
| 5.50%, 8/01/28 |
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| 10) Tobacco Settlement Fin Corp. NY (New York St |
3.62% |
| Lease Tobacco Asset Sec) AMBAC Series 03A-1 |
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| 5.25%, 6/01/21 |
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| Sector/Industry Breakdown |
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Portfolio % |
| Revenue |
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| Water & Sewer |
9.14% |
| Health Care - Not-for-Profit |
8.42% |
| Toll Roads/Transit |
8.13% |
| Revenue - Miscellaneous |
4.30% |
| Higher Education - Private |
2.67% |
| Electric Utility |
1.97% |
| Senior Living |
1.68% |
| Industrial Development - Airline |
0.94% |
| Industrial Development - Utility |
0.21% |
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| SUBTOTAL |
37.46% |
| Tax Supported |
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| Special Tax |
23.55% |
| Tax-Supported State Lease |
5.32% |
| Local G.O. |
4.69% |
| State G.O. |
2.37% |
| Assessment District |
1.22% |
| SUBTOTAL |
37.15% |
| Prerefunded/ETM |
12.97% |
| Asset-Backed |
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| Housing - Single Family |
8.34% |
| Housing - Multi-Family |
2.85% |
| SUBTOTAL |
11.19% |
| Cash Equivalents |
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| Investment Companies |
1.23% |
| SUBTOTAL |
1.23% |
| Total |
100.00% |
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| State Breakdown |
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Portfolio % |
| New York |
84.07% |
| Puerto Rico |
12.10% |
| California |
0.89% |
| Florida |
0.84% |
| Colorado |
0.38% |
| Illinois |
0.28% |
| Ohio |
0.21% |
| Other |
1.23% |
| Total Investments |
100.00% |
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| Credit Quality Breakdown |
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Portfolio % |
| AAA |
26.02% |
| AA |
33.34% |
| A |
13.30% |
| BBB |
10.49% |
| BB |
0.76% |
| Not Rated |
1.89% |
| Pre-refunded Bonds |
12.97% |
| Short Term Investments |
1.23% |
| Total Investments |
100.00% |
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| Portfolio Statistics: |
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| AMT Percentage: |
15.83% |
| Average Coupon: |
5.40 |
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| Percentage of Leverage: |
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| Bank Borrowing: |
0.00% |
| Investment Operations: |
0.00% |
| Preferred Stock: |
36.03% |
| Tender Option Bonds: |
3.71% |
| Term Asset-Backed Loans Facility (TALF): |
0.00% |
| Total Fund Leverage: |
39.74%* |
| Average Maturity: |
3.59 Years |
| Effective Duration: |
3.07 Years |
| Total Net Assets: |
$113.24 Million** |
| Common Stock Net Asset Value: |
$15.00 |
| Number of Holdings: |
62 |
* The total percentage of leverage constitutes 3.71% through the use of tender option bonds, 36.03% in issued and outstanding preferred stock and 0.00% in investment operations, which 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.
** Includes 40,800,000 of preferred stock at liquidation value.
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 Alliance New York Municipal Income Fund, Inc.
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