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.
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article