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 New York & New Jersey Series 2012 5.00%, 10/01/34

4.83%

2) Utility Debt Securitization Authority Series 2013T 5.00%, 12/15/30

4.19%

3) Erie County Fiscal Stability Authority (Erie County Fiscal Stability Authority Sales Tax) Series 2011C 5.00%, 12/01/25

4.16%

4) New York State Thruway Authority (New York State Thruway Authority Ded Tax)  Series 2011A 5.00%, 4/01/31

3.97%

5) New York State Dormitory Authority (New York State Dormitory Authority Lease)  Series 2013A 5.25%, 7/01/30

3.08%

6) New York State Dormitory Authority (State of New York Pers Income Tax)  Series 2012A 5.00%, 6/15/31

3.04%

7) New York State Thruway Authority (New York State Thruway Authority Gen Toll Road)  Series 2014J 5.00%, 1/01/41

2.93%

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

2.89%

9) Idaho Housing & Finance Association (State of Idaho Fed Hwy Grant)  Series 2014 5.00%, 7/15/31

2.82%

10) New York State Dormitory Authority (State University of New York)  Series 2011A 5.00%, 7/01/31

2.75%

Sector/Industry Breakdown

Portfolio %

Revenue

Toll Roads/Transit

10.94%

Water & Sewer

10.17%

Health Care - Not-for-Profit

9.79%

Higher Education - Private

8.43%

Revenue - Miscellaneous

8.22%

Electric Utility

7.62%

Airport

7.35%

Higher Education - Public

3.98%

Senior Living

3.66%

Industrial Development - Utility

0.22%

SUBTOTAL

70.38%

Tax Supported

Special Tax

19.62%

Local G.O.

2.07%

Tax-Supported State Lease

2.04%

Assessment District

0.42%

State G.O.

0.17%

SUBTOTAL

24.32%

Asset-Backed

Housing - Multi-Family

3.83%

SUBTOTAL

3.83%

Prerefunded/ETM

1.22%

Cash Equivalents

Investment Companies

0.25%

SUBTOTAL

0.25%

Total

100.00%

State Breakdown

Portfolio %

New York

92.68%

Idaho

2.82%

Texas

2.04%

Florida

0.98%

Illinois

0.42%

Colorado

0.42%

Ohio

0.22%

California

0.17%

Other

0.25%

Total Investments

100.00%

Credit Quality Breakdown

Portfolio %

AAA

15.57%

AA

55.39%

A

18.82%

BBB

6.35%

BB

1.08%

Not Rated

1.32%

Pre-refunded Bonds

1.22%

Short Term Investments

0.25%

Total Investments

100.00%

Bonds By Maturity

Portfolio %

Less than 1 year

0.25%

1 to 5 years

2.84%

5 to 10 years

5.84%

10 to 20 years

76.74%

20 to 30 years

14.33%

More than 30 years

0.00%

Other

0.00%

Total Investments

100.00%

Portfolio Statistics:

AMT Percentage:

9.36%

Average Coupon:

5.33%

Percentage of Leverage:

Bank Borrowing:

0.00%

Investment Operations:

0.00%

Preferred Stock:

36.35%

Tender Option Bonds:

3.74%

Term Asset-Backed Loans Facility (TALF):

0.00%

Total Fund Leverage:

40.09%*

Average Effective Maturity:

6.95 Years

Effective Duration:

5.98 Years

Total Net Assets:

$112.24 Million**

Common Stock Net Asset Value:

$14.77

Number of Holdings:

74

Portfolio Turnover:

42%