Alliance New York Municipal Income Fund Releases Monthly Portfolio Update
NEW YORK, June 26, 2015
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 |
4.85% |
2) Erie County Fiscal Stability Authority (Erie County Fiscal Stability Authority Sales Tax) Series 2011C 5.00%, 12/01/25 |
4.20% |
3) Utility Debt Securitization Authority Series 2013T 5.00%, 12/15/30 |
4.19% |
4) New York State Thruway Authority (New York State Thruway Authority Ded Tax) Series 2011A 5.00%, 4/01/31 |
3.99% |
5) New York State Dormitory Authority (New York State Dormitory Authority Lease) Series 2013A 5.25%, 7/01/30 |
3.09% |
6) New York State Dormitory Authority (State of New York Pers Income Tax) Series 2012A 5.00%, 6/15/31 |
3.06% |
7) New York State Dormitory Authority (New York St Pers Income Tax) 5.00%, 3/15/26 |
2.92% |
8) New York State Thruway Authority (New York State Thruway Authority Gen Toll Road) Series 2014J 5.00%, 1/01/41 |
2.92% |
9) Idaho Housing & Finance Association (State of Idaho Fed Hwy Grant) Series 2014 5.00%, 7/15/31 |
2.83% |
10) New York City Water & Sewer System Series 2011HH 5.00%, 6/15/26 |
2.65% |
Sector/Industry Breakdown |
Portfolio % |
Revenue |
|
Toll Roads/Transit |
10.95% |
Water & Sewer |
10.25% |
Health Care - Not-for-Profit |
9.83% |
Higher Education - Private |
9.71% |
Revenue - Miscellaneous |
8.26% |
Electric Utility |
7.60% |
Airport |
7.36% |
Senior Living |
3.71% |
Higher Education - Public |
1.22% |
Industrial Development - Utility |
0.23% |
SUBTOTAL |
69.12% |
Tax Supported |
|
Special Tax |
19.32% |
Tax-Supported State Lease |
3.03% |
Local G.O. |
2.04% |
Assessment District |
0.43% |
State G.O. |
0.18% |
SUBTOTAL |
25.00% |
Asset-Backed |
|
Housing - Multi-Family |
3.89% |
SUBTOTAL |
3.89% |
Prerefunded/ETM |
1.99% |
Total |
100.00% |
State Breakdown |
Portfolio % |
New York |
92.34% |
Idaho |
2.83% |
Texas |
2.04% |
Florida |
0.98% |
Kansas |
0.97% |
Colorado |
0.43% |
Ohio |
0.23% |
California |
0.18% |
Total Investments |
100.00% |
Credit Quality Breakdown |
Portfolio % |
AAA |
15.67% |
AA |
53.14% |
A |
18.80% |
BBB |
8.38% |
BB |
1.10% |
Not Rated |
0.92% |
Pre-refunded Bonds |
1.99% |
Total Investments |
100.00% |
Bonds By Maturity |
Portfolio % |
Less than 1 year |
0.00% |
1 to 5 years |
3.63% |
5 to 10 years |
5.46% |
10 to 20 years |
74.56% |
20 to 30 years |
14.35% |
More than 30 years |
2.00% |
Other |
0.00% |
Total Investments |
100.00% |
Portfolio Statistics: |
|
AMT Percentage: |
10.37% |
Average Coupon: |
5.21% |
Percentage of Leverage: |
|
Bank Borrowing: |
0.00% |
Investment Operations: |
0.46% |
Preferred Stock: |
37.56% |
Tender Option Bonds: |
3.87% |
Term Asset-Backed Loans Facility (TALF): |
0.00% |
Total Fund Leverage: |
41.89%* |
Average Effective Maturity: |
6.84 Years |
Effective Duration: |
5.88 Years |
Total Net Assets: |
$110.74 Million** |
Common Stock Net Asset Value: |
$14.46 |
Number of Holdings: |
73 |
Portfolio Turnover: |
42% |
* The total percentage of leverage constitutes 3.87% through the use |
|
of tender option bonds, 37.56% in issued and outstanding preferred |
|
stock and 0.46% 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.
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article