Alliance New York Municipal Income Fund Releases Monthly Portfolio Update
NEW YORK, April 27 /PRNewswire-FirstCall/ -- Alliance New York Municipal Income Fund, Inc. [NYSE: AYN] (the "Fund") today released its monthly portfolio update as of March 31, 2010.
Alliance New York Municipal Income Fund, Inc. Top 10 Fixed-Income Holdings Portfolio % 1) New York St Mortgage Agy SFMR (New York St 9.61% Mortgage Agy) Series 01-29 5.45%, 4/01/31 2) Metropolitan Trnsp Auth NY Series 02A 5.125%, 4.94% 11/15/31 3) New York St UDC Series 02A 5.25%, 3/15/32 4.74% (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 4.62% Ctr) NPFGC Series 04 5.75%, 8/01/29 6) New York NY Mun Wtr Fin Auth Series 02A 4.48% 5.125%, 6/15/34 7) New York NY Trst for Cult Res (Museum of 4.45% Modern Art) AMBAC Series 01D 5.125%, 7/01/31 8) Tobacco Settlement Fin Corp. NY (New York St 3.72% Lease Tobacco Asset Sec) AMBAC Series 03A-1 5.25%, 6/01/21 9) Puerto Rico GO 5.50%, 8/01/28 3.66% 10) Puerto Rico Hwy & Trnsp Auth Series 02D 3.10% 5.375%, 7/01/36 (Prerefunded/ETM) Sector/Industry Breakdown Portfolio % Prerefunded/ETM 25.14% Housing - Single Family 11.09% Health Care - Not-for-Profit 8.42% Water & Sewer 7.95% Special Tax 7.14% Toll Roads/Transit 5.61% Revenue - Miscellaneous 4.45% Money Market 4.23% Senior Living 4.02% Tax-Supported State Lease 3.72% Higher Education - Private 3.07% Housing - Multi-Family 2.92% State G.O. 2.25% Assessment District 2.21% Industrial Development - Airline 2.19% Local G.O. 1.99% Electric Utility 1.90% Insured 1.15% Primary/Secondary Ed. - Private 0.30% Health Care - Municipal 0.25% Total 100.00% State Breakdown Portfolio % New York 82.18% Puerto Rico 12.62% Florida 2.88% California 1.22% Colorado 0.35% Illinois 0.26% Pennsylvania 0.25% Ohio 0.24% Total 100.00% Credit Quality Breakdown Portfolio % AAA 51.56% AA 19.64% A 20.60% BBB 4.38% BB 2.94% B 0.88% Total Investments 100.00% Portfolio Statistics: AMT Percentage: 17.4% Average Coupon: 5.0% Percentage of Leverage: Bank Loans: 0.00% Investment Operations: 4.69% Preferred Stock: 36.82% Total: 41.51%* Avg. Maturity: 5.99 Years Duration: 4.04 Years Total Net Assets: $110.8 Million** Common Stock Net Asset Value: $14.50 Number of Holdings: 65
* The total percentage of leverage constitutes 36.82% in issued and outstanding preferred stock and 4.69% 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.
** 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.
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