Alliance New York Municipal Income Fund Releases Monthly Portfolio Update
NEW YORK, April 23, 2013 /PRNewswire/ -- Alliance New York Municipal Income Fund, Inc. (NYSE: AYN) (the "Fund") today released its monthly portfolio update as of March 31, 2013.
| 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) Port Authority of NY & NJ 5.00%, 10/01/27 |
4.97% |
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| 2) New York St Dormitory Auth NPFGC Series 04 |
4.65% |
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| 5.75%, 8/01/14 (Prerefunded/ETM) |
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| 3) Erie Cnty NY Fiscal Stability Auth (Erie Cnty |
4.12% |
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| Ny Sales Tax) Series 2011C 5.00%, 12/01/25 |
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| 4) New York St Thruway Auth (New York St Thruway |
4.08% |
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| Auth Ded Tax) Series 2011A 5.00%, 4/01/25 |
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| 5) Puerto Rico Sales Tax Fin Corp. Series 2009A |
3.72% |
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| 5.50%, 8/01/28 |
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| 6) Tobacco Settlement Fin Corp. NY (New York St |
3.50% |
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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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| 7) New York St Envrn Fac Corp. 5.00%, |
3.20% |
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| 8/15/24 |
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| 8) New York NY Trnsl Fin Auth 5.00%, 5/01/27 |
3.07% |
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| 9) New York St Thruway Auth (New York St Pers |
3.04% |
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| Income Tax) Series 2011A 5.00%, 3/15/26 |
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| 10) New York NY Trnsl Fin Auth Series 2002B |
3.03% |
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| 5.00%, 2/01/27 |
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| Sector/Industry Breakdown |
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| Portfolio % |
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| Tax Supported |
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| Special Tax |
32.85% |
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| Local G.O. |
12.07% |
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| Tax-Supported State Lease |
5.53% |
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| State G.O. |
2.32% |
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| Assessment District |
0.43% |
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| SUBTOTAL |
53.20% |
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| Revenue |
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| Water & Sewer |
8.56% |
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| Toll Roads/Transit |
8.06% |
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| Health Care - Not-for-Profit |
6.02% |
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| Airport |
4.97% |
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| Higher Education - Private |
3.64% |
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| Electric Utility |
1.98% |
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| Senior Living |
1.69% |
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| Revenue - Miscellaneous |
1.35% |
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| Industrial Development - Industry |
0.49% |
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| Industrial Development - Utility |
0.21% |
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| SUBTOTAL |
36.97% |
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| Prerefunded/ETM |
6.80% |
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| Asset-Backed |
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| Housing - Multi-Family |
1.82% |
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| Housing - Single Family |
1.21% |
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| SUBTOTAL |
3.03% |
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| Total |
100.00% |
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| State Breakdown |
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| Portfolio % |
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| New York |
91.76% |
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| Puerto Rico |
6.41% |
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| California |
0.88% |
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| Colorado |
0.43% |
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| Illinois |
0.31% |
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| Ohio |
0.21% |
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| Total Investments |
100.00% |
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| Credit Quality Breakdown |
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| Portfolio % |
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| AAA |
26.61% |
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| AA |
46.20% |
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| A |
14.57% |
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| BBB |
4.21% |
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| BB |
0.49% |
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| Not Rated |
1.12% |
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| Pre-refunded Bonds |
6.80% |
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| Total Investments |
100.00% |
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| Bonds By Maturity |
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| Portfolio % |
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| Less than 1 year |
1.75% |
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| 1 to 5 years |
5.00% |
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| 5 to 10 years |
11.09% |
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| 10 to 20 years |
75.88% |
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| 20 to 30 years |
6.28% |
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| More than 30 years |
0.00% |
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| Other |
0.00% |
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| Total Investments |
100.00% |
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| Portfolio Statistics: |
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| AMT Percentage: |
9.90% |
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| Average Coupon: |
5.39% |
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| Percentage of Leverage: |
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| Bank Borrowing: |
0.00% |
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| Investment Operations: |
0.52% |
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| Preferred Stock: |
36.55% |
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| Tender Option Bonds: |
3.76% |
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| Term Asset-Backed Loans Facility (TALF): |
0.00% |
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| Total Fund Leverage: |
40.83%* |
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| Average Effective Maturity: |
6.60 Years |
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| Effective Duration: |
5.64 Years |
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| Total Net Assets: |
$111.64 Million** |
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| Common Stock Net Asset Value: |
$14.65 |
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| Number of Holdings: |
69 |
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| Portfolio Turnover: |
44% |
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* The total percentage of leverage constitutes 3.76% through the use of tender option bonds, 36.55% in issued and outstanding preferred stock and 0.52% 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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