Alliance New York Municipal Income Fund Releases Monthly Portfolio Update
NEW YORK, May 25 /PRNewswire-FirstCall/ -- Alliance New York Municipal Income Fund, Inc. [NYSE: AYN] (the "Fund") today released its monthly portfolio update as of April 30, 2010.
Alliance New York Municipal Income Fund, Inc. |
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Top 10 Fixed-Income Holdings |
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Portfolio % |
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1) |
New York St Mortgage Agy SFMR (New York St |
9.66% |
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Mortgage Agy) Series 01-29 5.45%, 4/01/31 |
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2) |
Metropolitan Trnsp Auth NY Series 02A 5.125%, |
4.96% |
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11/15/31 |
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3) |
New York St UDC Series 02A 5.25%, 3/15/32 |
4.76% |
|
(Prerefunded/ETM) |
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4) |
New York NY GO Series 01B 5.50%, 12/01/31 |
4.73% |
|
(Prerefunded/ETM) |
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5) |
New York St Dormitory Auth (Maimonides Med |
4.64% |
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Ctr) NPFGC Series 04 5.75%, 8/01/29 |
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6) |
New York NY Mun Wtr Fin Auth Series 02A |
4.51% |
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5.125%, 6/15/34 |
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7) |
New York NY Trst for Cult Res (Museum of |
4.49% |
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Modern Art) AMBAC Series 01D 5.125%, 7/01/31 |
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8) |
Tobacco Settlement Fin Corp. NY (New York St |
3.74% |
|
Lease Tobacco Asset Sec) AMBAC Series 03A-1 |
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5.25%, 6/01/21 |
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9) |
Puerto Rico GO 5.50%, 8/01/28 |
3.74% |
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10) |
Puerto Rico Hwy & Trnsp Auth Series 02D |
3.12% |
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5.375%, 7/01/36 (Prerefunded/ETM) |
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Sector/Industry Breakdown |
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Portfolio % |
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Prerefunded/ETM |
24.26% |
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Housing - Single Family |
11.08% |
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Health Care - Not-for-Profit |
8.50% |
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Water & Sewer |
8.01% |
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Special Tax |
7.29% |
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Toll Roads/Transit |
5.64% |
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Revenue - Miscellaneous |
4.49% |
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Money Market |
4.30% |
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Senior Living |
4.04% |
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Tax-Supported State Lease |
3.74% |
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Higher Education - Private |
3.11% |
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Housing - Multi-Family |
2.94% |
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State G.O. |
2.35% |
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Assessment District |
2.24% |
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Industrial Development - Airline |
2.16% |
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Local G.O. |
2.01% |
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Electric Utility |
1.92% |
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Insured |
1.16% |
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Primary/Secondary Ed. - Private |
0.31% |
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Health Care - Municipal |
0.27% |
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Tax-Supported Local Lease |
0.18% |
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Total |
100.00% |
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State Breakdown |
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Portfolio % |
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New York |
81.97% |
|
Puerto Rico |
12.72% |
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Florida |
2.90% |
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California |
1.29% |
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Colorado |
0.36% |
|
Illinois |
0.27% |
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Pennsylvania |
0.26% |
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Ohio |
0.23% |
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Total |
100.00% |
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Credit Quality Breakdown |
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Portfolio % |
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AAA |
50.85% |
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AA |
20.23% |
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A |
21.92% |
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BBB |
3.04% |
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BB |
3.07% |
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B |
0.89% |
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Total Investments |
100.00% |
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Portfolio Statistics: |
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AMT Percentage: |
17.1% |
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Average Coupon: |
5.0% |
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Percentage of Leverage: |
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Bank Loans: |
0.00% |
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Investment Operations: |
4.67% |
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Preferred Stock: |
36.61% |
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Total: |
41.28% |
* |
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Avg. Maturity: |
5.62 |
Years |
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Duration: |
3.84 |
Years |
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Total Net Assets: |
$111.50 |
Million** |
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Common Stock Net Asset Value: |
$14.64 |
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Number of Holdings: |
64 |
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* The total percentage of leverage constitutes 36.61% in issued and outstanding preferred stock and 4.67% 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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