Alliance New York Municipal Income Fund Releases Monthly Portfolio Update
NEW YORK, March 27, 2012 /PRNewswire/ -- Alliance New York Municipal Income Fund, Inc. (NYSE: AYN) (the "Fund") today released its monthly portfolio update as of February 29, 2012.
| Alliance New York Municipal Income Fund, Inc. |
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| Top 10 Fixed-Income Holdings |
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Portfolio % |
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| 1) |
New York St Mortgage Agy SFMR (New York St |
6.79% |
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Mortgage Agy) Series 01-29 5.45%, 4/01/31 |
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| 2) |
Metropolitan Trnsp Auth NY Series 02A |
4.59% |
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5.125%, 11/15/31 |
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| 3) |
New York St Dormitory Auth (Maimonides Med |
4.39% |
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Ctr) NPFGC Series 04 5.75%, 8/01/29 |
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| 4) |
New York NY Mun Wtr Fin Auth Series 02A |
4.13% |
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5.125%, 6/15/34 |
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| 5) |
New York NY Trst for Cult Res (Museum of |
4.12% |
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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 |
4.09% |
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(Prerefunded/ETM) |
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| 7) |
Erie Cnty NY Fiscal Stability Auth (Erie Cnty |
3.94% |
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NY Sales Tax) Series 2011C 5.00%, 12/01/25 |
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| 8) |
New York St Thruway Auth (New York St Thruway |
3.90% |
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Auth Ded Tax) Series 2011A 5.00%, 4/01/25 |
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| 9) |
Puerto Rico Sales Tax Fin Corp. Series 2009A |
3.64% |
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5.50%, 8/01/28 |
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| 10) |
Tobacco Settlement Fin Corp. NY (New York St |
3.45% |
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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 % |
| Tax Supported |
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| Special Tax |
25.18% |
| Local G.O. |
6.45% |
| Tax-Supported State Lease |
5.08% |
| State G.O. |
2.27% |
| Assessment District |
1.19% |
| SUBTOTAL |
40.17% |
| Revenue |
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| Toll Roads/Transit |
8.74% |
| Water & Sewer |
8.71% |
| Health Care - Not-for-Profit |
8.04% |
| Revenue - Miscellaneous |
4.12% |
| Higher Education - Private |
2.55% |
| Electric Utility |
1.88% |
| Senior Living |
1.60% |
| Industrial Development - Airline |
0.89% |
| Industrial Development - Utility |
0.20% |
| SUBTOTAL |
36.73% |
| Prerefunded/ETM |
12.38% |
| Asset-Backed |
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| Housing - Single Family |
7.99% |
| Housing - Multi-Family |
2.73% |
| SUBTOTAL |
10.72% |
| Total |
100.00% |
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| State Breakdown |
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Portfolio % |
| New York |
85.93% |
| Puerto Rico |
11.55% |
| California |
0.85% |
| Florida |
0.81% |
| Colorado |
0.39% |
| Illinois |
0.27% |
| Ohio |
0.20% |
| Total Investments |
100.00% |
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| Credit Quality Breakdown |
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Portfolio % |
| AAA |
27.68% |
| AA |
34.69% |
| A |
12.66% |
| BBB |
10.04% |
| BB |
0.72% |
| Not Rated |
1.83% |
| Pre-refunded Bonds |
12.38% |
| Total Investments |
100.00% |
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| Portfolio Statistics: |
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| AMT Percentage: |
15.77% |
| Average Coupon: |
5.82 |
| Percentage of Leverage: |
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| Bank Borrowing: |
0.00% |
| Investment Operations: |
6.13% |
| Preferred Stock: |
36.19% |
| Tender Option Bonds: |
3.73% |
| Term Asset-Backed Loans Facility (TALF): |
0.00% |
| Total Fund Leverage: |
46.05%* |
| Average Maturity: |
4.07 Years |
| Effective Duration: |
3.31 Years |
| Total Net Assets: |
$112.72 Million** |
| Common Stock Net Asset Value: |
$14.89 |
| Number of Holdings: |
64 |
* The total percentage of leverage constitutes 3.73% through the use of tender option bonds, 36.19% in issued and outstanding preferred
stock and 6.13% 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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