Alliance New York Municipal Income Fund Releases Monthly Portfolio Update

Alliance New York Municipal Income Fund, Inc.

Top 10 Fixed-Income Holdings

Portfolio %

1) Port Authority of NY & NJ 5.00%, 10/01/34

4.68%

2) New York St Dormitory Auth Series 04 5.75%, 8/01/14 (Prerefunded/ETM)

4.35%

3) Utility Debt Securitization Auth NY Series 2013T 5.00%, 12/15/30

4.13%

4) Erie Cnty NY Fiscal Stability Auth (Erie Cnty NY Sales Tax) Series 2011C 5.00%, 12/01/25

4.01%

5) New York St Thruway Auth (New York St Thruway Auth Ded Tax) Series 2011A 5.00%, 4/01/31

3.87%

6) New York NY Trnsl Fin Auth Series 2013A 5.25%, 7/01/30

2.99%

7) New York St Dormitory Auth (New York St Pers Income Tax) Series 2012A 5.00%, 6/15/31

2.96%

8) New York St Dormitory Auth (New York St Pers Income Tax) 5.00%, 3/15/26

2.93%

9) Idaho Hsg & Fin Assn (Idaho Fed Hwy Grant) 5.00%, 7/15/31

2.77%

10) Long Island Pwr Auth NY Series 2012D 0.05%, 12/01/29

2.76%

Sector/Industry Breakdown

Portfolio %

Revenue

11.31%

Water & Sewer

9.17%

Revenue - Miscellaneous

7.84%

Toll Roads/Transit

6.90%

Health Care - Not-for-Profit

5.47%

Higher Education - Private

4.68%

Airport

3.14%

Senior Living

2.68%

Higher Education - Public

1.30%

Electric Utility

0.20%

Industrial Development - Utility

52.69%

SUBTOTAL

Tax Supported

Special Tax

25.01%

Local G.O.

3.23%

State G.O.

3.12%

Tax-Supported State Lease

1.97%

Tax-Supported Local Lease

1.94%

Assessment District

0.37%

SUBTOTAL

35.64%

Prerefunded/ETM

5.00%

Note/VRDBs

Money Market

2.76%

SUBTOTAL

2.76%

Cash Equivalents

Investment Companies

2.10%

SUBTOTAL

2.10%

Asset-Backed

Housing - Multi-Family

1.81%

SUBTOTAL

1.81%

Total

100.00%

Portfolio %

New York

83.41%

Idaho

2.77%

Pennsylvania

2.54%

Louisiana

2.28%

New Mexico

2.03%

Texas

2.01%

Wisconsin

1.29%

Puerto Rico

0.44%

Illinois

0.39%

Colorado

0.37%

Ohio

0.20%

California

0.17%

Other

2.10%

Total Investments

100.00%

Credit Quality Breakdown

Portfolio %

AAA

15.99%

AA

54.47%

A

13.98%

BBB

3.77%

BB

0.75%

Not Rated

1.19%

Pre-refunded Bonds

5.00%

Short Term Investments

4.85%

Total Investments

100.00%

Bonds By Maturity

Portfolio %

Less than 1 year

9.21%

1 to 5 years

2.89%

5 to 10 years

12.92%

10 to 20 years

62.40%

20 to 30 years

12.58%

More than 30 years

0.00%

Other

0.00%

Total Investments

100.00%

Portfolio Statistics:

AMT Percentage:

8.66%

Average Coupon:

5.18%

Percentage of Leverage:

Bank Borrowing:

0.00%

Investment Operations:

0.38%

Preferred Stock:

37.12%

Tender Option Bonds:

3.82%

Term Asset-Backed Loans Facility (TALF):

0.00%

Total Fund Leverage:

41.32%*

Average Effective Maturity:

6.49 Years

Effective Duration:

5.58 Years

Total Net Assets:

$109.91 Million**

Common Stock Net Asset Value:

$14.29

Number of Holdings:

71

Portfolio Turnover:

35%