Alliance New York Municipal Income Fund Releases Monthly Portfolio Update
NEW YORK, March 26 /PRNewswire-FirstCall/ -- Alliance New York Municipal Income Fund, Inc. (NYSE: AYN) (the "Fund") today released its monthly portfolio update as of February 28, 2010.
Alliance New York Municipal Income Fund, Inc. Top 10 Fixed-Income Holdings Portfolio % 1)New York St Mortgage Agy SFMR (New York St 9.58% Mortgage Agy) Series 01-29 5.45%, 4/01/31 2)Metropolitan Trnsp Auth NY Series 02A 5.125%, 4.84% 11/15/31 3)New York St UDC Series 02A 5.25%, 3/15/32 4.76% (Prerefunded/ETM) 4)New York NY GO Series 01B 5.50%, 12/01/31 4.72% (Prerefunded/ETM) 5)New York St Dormitory Auth (Maimonides Med 4.61% Ctr) NPFGC Series 04 5.75%, 8/01/29 6)New York NY Mun Wtr Fin Auth Series 02A 4.46% 5.125%, 6/15/34 7)New York NY Trst for Cult Res (Museum of 4.43% Modern Art) AMBAC Series 01D 5.125%, 7/01/31 8)Tobacco Settlement Fin Corp. NY (New York St 3.70% Lease Tobacco Asset Sec) AMBAC Series 03A-1 5.25%, 6/01/21 9)Puerto Rico GO 5.50%, 8/01/28 3.61% 10)Puerto Rico Hwy & Trnsp Auth Series 02D 3.12% 5.375%, 7/01/36 (Prerefunded/ETM) Sector/Industry Breakdown Portfolio % Prerefunded/ETM 25.22% Health Care - Not-for-Profit 12.39% Housing - Single Family 11.05% Water & Sewer 7.92% Special Tax 7.06% Toll Roads/Transit 5.51% Money Market 4.61% Revenue - Miscellaneous 4.43% Tax-Supported State Lease 3.70% Higher Education - Private 3.02% Housing - Multi-Family 2.91% State G.O. 2.22% Assessment District 2.18% Industrial Development - Airline 2.18% Local G.O. 1.99% Electric Utility 1.91% Insured 1.15% Primary/Secondary Ed. - Private 0.30% Health Care - Municipal 0.25% Total 100.00 State Breakdown Portfolio % New York 82.31% Puerto Rico 12.58% Florida 2.87% California 1.20% Colorado 0.33% Pennsylvania 0.24% Illinois 0.24% Ohio 0.23% Total 100.00% Credit Quality Breakdown Portfolio % AAA 51.60% AA 19.59% A 20.38% BBB 4.33% BB 2.90% B 0.85% A-1 0.35% Total Investments 100.00 Portfolio Statistics: AMT Percentage: 17.1% Average Coupon: 5.1% Percentage of Leverage: Bank Loans: 0.00% Investment Operations: 0.63% Preferred Stock: 28.69% Total: 29.32%* Avg. Maturity: 6.21 Years Duration: 4.20 Years Total Net Assets: $110.9 Million Net Asset Value: $14.52 Number of Holdings: 66
* The total percentage of leverage constitutes 28.69% in issued and outstanding preferred stock and 0.63% in investment operations, which may include the use of certain portfolio management techniques such as tender option bonds, credit default swaps, dollar rolls, negative cash, reverse repurchase agreements and when-issued securities.
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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