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

4.82%

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

4.15%

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

3.96%

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

3.10%

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

3.03%

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

2.91%

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

2.90%

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

2.81%

10) New York City Municipal Water Finance Authority Series 2011HH 5.00%, 6/15/26

2.62%

Sector/Industry Breakdown

Portfolio %

Revenue

Toll Roads/Transit

10.86%

Water & Sewer

10.14%

Higher Education - Private

9.59%

Health Care - Not-for-Profit

9.39%

Revenue - Miscellaneous

8.24%

Electric Utility

7.59%

Airport

7.30%

Senior Living

3.59%

Higher Education - Public

1.22%

Industrial Development - Utility

0.15%

SUBTOTAL

68.07%

Tax Supported

Special Tax

19.15%

Tax-Supported State Lease

3.02%

Local G.O.

2.03%

State G.O.

0.18%

SUBTOTAL

24.38%

Asset-Backed

Housing - Multi-Family

3.86%

SUBTOTAL

3.86%

Prerefunded/ETM

2.74%

Cash Equivalents

Investment Companies

0.95%

SUBTOTAL

0.95%

Total

100.00%

State Breakdown

Portfolio %

New York

91.49%

Idaho

2.81%

Texas

2.03%

Kansas

0.98%

Florida

0.96%

Colorado

0.45%

California

0.18%

Ohio

0.15%

Other

0.95%

Total Investments

100.00%

Credit Quality Breakdown

Portfolio %

AAA

15.57%

AA

51.71%

A

17.82%

BBB

9.71%

BB

1.09%

Not Rated

0.41%

Pre-refunded Bonds

2.74%

Short Term Investments

0.95%

Total Investments

100.00%

Bonds By Maturity

Portfolio %

Less than 1 year

1.99%

1 to 5 years

3.31%

5 to 10 years

5.09%

10 to 20 years

73.45%

20 to 30 years

14.21%

More than 30 years

1.95%

Other

0.00%

Total Investments

100.00%

Portfolio Statistics:

AMT Percentage:

10.50%

Average Coupon:

5.17%

Percentage of Leverage:

Bank Borrowing:

0.00%

Investment Operations:

0.45%

Preferred Stock:

37.23%

Tender Option Bonds:

3.86%

Term Asset-Backed Loans Facility (TALF):

0.00%

Total Fund Leverage:

41.54%*

Average Effective Maturity:

6.60 Years

Effective Duration:

5.68 Years

Total Net Assets:

$110.65 Million**

Common Stock Net Asset Value:

$14.44

Number of Holdings:

74

Portfolio Turnover:

42%