Alliance New York Municipal Income Fund Releases Monthly Portfolio Update
NEW YORK, July 28 /PRNewswire-FirstCall/ -- Alliance New York Municipal Income Fund, Inc. (NYSE: AYN) (the "Fund") today released its monthly portfolio update as of June 30, 2010.
Alliance New York Municipal Income Fund, Inc.
Top 10 Fixed-Income Holdings Portfolio %
1)New York St Mortgage Agy SFMR (New York St 9.57%
Mortgage Agy) Series 01-29 5.45%, 4/01/31
2)Metropolitan Trnsp Auth NY Series 02A 5.125%, 4.90%
11/15/31
3)New York St UDC Series 02A 5.25%, 3/15/32 4.70%
(Prerefunded/ETM)
4)New York NY GO Series 01B 5.50%, 12/01/31 4.66%
(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 4.48%
5.125%, 6/15/34
7)New York NY Trst for Cult Res (Museum of 4.46%
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 Sales Tax Fin Corp. 5.50%, 8/01/28 3.65%
10)Puerto Rico Hwy & Trnsp Auth Series 02D 3.08%
5.375%, 7/01/36 (Prerefunded/ETM)
Sector/Industry Breakdown Portfolio %
Prerefunded/ETM 23.91%
Housing - Single Family 10.98%
Special Tax 10.00%
Health Care - Not-for-Profit 9.55%
Water & Sewer 9.39%
Toll Roads/Transit 5.57%
Revenue - Miscellaneous 4.46%
Higher Education - Private 3.82%
Tax-Supported State Lease 3.72%
Housing - Multi-Family 2.91%
State G.O. 2.30%
Assessment District 2.27%
Industrial Development - Airline 2.21%
Local G.O. 2.00%
Electric Utility 1.93%
Senior Living 1.74%
Short Term – Time Deposit 1.33%
Insured 1.15%
Primary/Secondary Ed. - Private 0.31%
Health Care - Municipal 0.27%
Tax-Supported Local Lease 0.18%
Total 100.00%
State Breakdown Portfolio %
New York 80.86%
Puerto Rico 12.53%
Florida 2.91%
California 1.25%
Colorado 0.36%
Illinois 0.28%
Pennsylvania 0.25%
Ohio 0.23%
Other 1.33%
Total 100.00%
Credit Quality Breakdown Portfolio %
AAA 26.96%
AAA (Pre-refunded Bonds) 23.94%
AA 17.95%
A 20.36%
BBB 4.52%
BB 1.64%
A-1+ 1.33%
N/R 3.30%
Total Investments 100.00%
Portfolio Statistics:
AMT Percentage: 17.3%
Average Coupon: 4.9%
Percentage of Leverage:
Bank Loans: 0.00%
Investment Operations: 3.72%
Preferred Stock: 36.11%
Total: 39.83%*
Avg. Maturity: 5.58 Years
Effective Duration: 3.81 Years
Total Net Assets: $111.3 Million**
Common Stock Net Asset Value: $14.61
Number of Holdings: 66
* The total percentage of leverage constitutes 36.11% in issued and outstanding preferred stock and 3.72% 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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