Alliance New York Municipal Income Fund Releases Monthly Portfolio Update

Alliance New York Municipal Income Fund, Inc.

Top 10 Fixed-Income Holdings

Portfolio %

1) Metropolitan Trnsp Auth NY   Series 02A                  

4.89%

5.125%, 11/15/31

2) New York St Dormitory Auth (Maimonides Med               

4.65%

Ctr) NPFGC Series 04  5.75%,  8/01/29

3) New York NY Trst for Cult Res   AMBAC Series              

4.39%

01D  5.125%,  7/01/31 (Prerefunded/ETM)

4) Erie Cnty NY Fiscal Stability Auth (Erie Cnty            

4.16%

NY Sales Tax)  Series 2011C  5.00%,  12/01/25

5) New York St Thruway Auth (New York St Thruway            

4.11%

Auth Ded Tax)  Series 2011A  5.00%,  4/01/25

6) Puerto Rico Sales Tax Fin Corp.   Series 2009A           

3.85%

5.50%,  8/01/28

7) Tobacco Settlement Fin Corp. NY (New York St             

3.65%

Lease Tobacco Asset Sec) AMBAC Series 03A-1

5.25%,  6/01/21

8) New York City NY Muni Wtr Fin NY Cutl                     

3.33%

5.125%,  6/15/34 (Prerefunded/ETM)

9) New York NY Trnsl Fin Auth   Series 2002B                

3.04%

5.00%,  2/01/27

10) New York St Dormitory Auth (New York St Pers             

3.01%

Income Tax)    5.00%,  3/15/26

Sector/Industry Breakdown

Portfolio %

Tax Supported

     Special Tax                                          

26.65%

     Tax-Supported State Lease                             

7.42%

     Local G.O.                                            

6.83%

     State G.O.                                            

2.41%

     Assessment District                                   

1.27%

SUBTOTAL                                                   

44.58%

Revenue

     Toll Roads/Transit                                    

9.24%

     Health Care - Not-for-Profit                          

8.56%

     Water & Sewer                                         

5.94%

     Higher Education - Private                            

4.87%

     Electric Utility                                      

1.99%

     Senior Living                                         

1.71%

     Industrial Development - Airline                      

1.01%

     Industrial Development - Utility                      

0.22%

SUBTOTAL                                                 

33.54%

Prerefunded/ETM                                        

16.48%

Asset-Backed

     Housing - Multi-Family                                

1.83%

     Housing - Single Family                              

1.28%

SUBTOTAL                                                   

3.11%

Cash Equivalents

     Investment Companies                                 

2.29%

SUBTOTAL                                                

2.29%

Total                                           

100.00%

State Breakdown

Portfolio %

New York                                                 

82.82%

Puerto Rico                                              

12.23%

California                                                

0.90%

Florida                                                   

0.86%

Colorado                                               

0.41%

Illinois                                                  

0.27%

Ohio                                                     

0.22%

Other                                                 

2.29%

Total Investments                                   

100.00%

Credit Quality Breakdown

Portfolio %

     AAA                                        

18.84%

     AA                                            

35.47%

     A                                         

13.45%

     BBB                                      

10.69%

     BB                                        

0.83%

     Not Rated                                      

1.95%

     Pre-refunded Bonds                           

16.48%

     Short Term Investments                     

2.29%

     Total Investments                        

100.00%

Portfolio Statistics:

     AMT Percentage:                                       

13.13%

     Average Coupon:                                       

5.29

     Percentage of Leverage:

         Bank Borrowing:                                     

0.00%

         Investment Operations:                              

0.00%

         Preferred Stock:                                   

36.33%

         Tender Option Bonds:                                

3.74%

         Term Asset-Backed Loans Facility (TALF):         

0.00%

         Total Fund Leverage:                             

  40.07%*

     Average Effective Maturity:                       

4.26 Years

     Effective Duration:                          

      3.47 Years

     Total Net Assets:                       

    $112.31 Million**

     Common Stock Net Asset Value:                   

$14.80

     Number of Holdings:                                    

66

     Portfolio Turnover                                        

15

* The total percentage of leverage constitutes 3.74% through the use
of tender option bonds, 36.33% 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.