AllianceBernstein Income Fund Releases Monthly Portfolio Update
NEW YORK, Jan. 26 /PRNewswire-FirstCall/ -- AllianceBernstein Income Fund, Inc. (NYSE: ACG) (the "Fund") today released its monthly portfolio update as of December 31, 2009.
AllianceBernstein Income Fund, Inc.
Top 10 Fixed-Income Holdings
Portfolio %
1)U.S. Treasury Notes 1.375%, 9/15/12 - 8.53%
10/15/12
2)U.S. Treasury Bonds 8.125%, 8/15/19 7.33%
3)U.S. Treasury Notes 2.375%, 4/15/11 - 7.27%
8/31/14
4)U.S. Treasury Bonds 11.25%, 2/15/15 6.81%
5)U.S. Treasury Notes 1.75%, 8/15/12 6.69%
6)U.S. Treasury STRIPS Zero Coupon, 5/15/17 6.64%
7)U.S. Treasury Notes 3.875%, 2/15/13 4.76%
8)U.S. Treasury STRIPS Zero Coupon, 11/15/21 3.22%
9)U.S. Treasury Bonds 6.625%, 2/15/27 3.05%
10)U.S. Treasury 2.625%, 2/29/16 2.40%
Security Type Breakdown
Portfolio %
Governments - Treasuries:
Treasuries 58.55%
Mortgage Pass-Thru's:
Agency ARMS 4.47%
Agency Fixed Rate 30-Year 4.21%
SUBTOTAL 8.68%
Commercial Mortgage-Backed Securities:
Non-Agency Fixed Rate CMBS 7.48%
SUBTOTAL 7.48%
Corporates - Investment Grades:
Financial Institutions:
Banking 2.11%
Finance 0.47%
Insurance 0.25%
Other Finance 0.02%
SUBTOTAL 2.85%
Industrial:
Basic 1.11%
Transportation - Airlines 0.32%
Energy 0.28%
Consumer Cyclical - Automotive 0.23%
Capital Goods 0.22%
Other Industrial 0.21%
Communications - Media 0.19%
Communications - Telecommunications 0.13%
Technology 0.07%
Consumer Non-Cyclical 0.06%
SUBTOTAL 2.82%
Non Corporate Sectors:
Agencies - Not Government Guaranteed 1.47%
SUBTOTAL 1.47%
Utility:
Electric 0.02%
SUBTOTAL 0.02%
SUBTOTAL 7.16%
Corporates - Non-Investment Grades:
Industrial:
Basic 0.74%
Capital Goods 0.42%
Consumer Non-Cyclical 0.32%
Communications - Media 0.28%
Communications - Telecommunications 0.26%
Consumer Cyclical - Retailers 0.24%
Consumer Cyclical - Other 0.13%
Other Industrial 0.08%
Consumer Cyclical - Automotive 0.08%
Transportation - Services 0.05%
Technology 0.01%
SUBTOTAL 2.61%
Financial Institutions:
Banking 0.45%
Finance 0.35%
Insurance 0.16%
Brokerage 0.03%
SUBTOTAL 0.99%
SUBTOTAL 3.60%
Inflation-Linked Securities 2.99%
Agencies:
Agency Debentures 2.18%
Quasi-Sovereigns:
Quasi-Sovereign Bonds 2.09%
Bank Loans:
Industrial:
Communications - Media 0.26%
Technology 0.23%
Consumer Non-Cyclical 0.20%
Basic 0.18%
Services 0.15%
Consumer Cyclical - Other 0.13%
Consumer Cyclical - Retailers 0.09%
Energy 0.09%
Communications - Telecommunications 0.07%
Consumer Cyclical - Entertainment 0.07%
Capital Goods 0.06%
Transportation - Airlines 0.03%
Consumer Cyclical - Automotive 0.03%
Other Industrial 0.01%
SUBTOTAL 1.60%
Financial Institutions:
Finance 0.23%
Other Finance 0.03%
REITS 0.02%
Insurance 0.01%
SUBTOTAL 0.29%
Utility:
Electric 0.12%
SUBTOTAL 0.12%
SUBTOTAL 2.01%
Emerging Markets - Treasuries: 1.82%
Emerging Markets - Sovereigns: 1.12%
Asset-Backed Securities:
Credit Cards - Floating Rate 0.66%
Autos - Floating Rate 0.29%
SUBTOTAL 0.95%
Emerging Markets - Corporate Bonds:
Financial Institutions:
Banking 0.19%
Other Finance 0.01%
SUBTOTAL 0.20%
Industrial:
Energy 0.11%
Basic 0.01%
Consumer Non-Cyclical 0.01%
SUBTOTAL 0.13%
SUBTOTAL 0.33%
Governments - Sovereign Bonds 0.33%
CMOs:
Non-Agency ARMS 0.11%
Agency Fixed Rate 0.01%
SUBTOTAL 0.12%
Preferred Stocks:
Financial Institutions 0.06%
SUBTOTAL 0.06%
Equities:
Common Stock 0.02%
Warrants 0.01%
SUBTOTAL 0.03%
Local Governments - Regional Bonds 0.01%
Short-Term Investments:
Investment Companies 0.49%
Total 100.00%
Country Breakdown
Portfolio %
United States 87.21%
Russia 3.88%
Brazil 2.48%
Turkey 1.16%
Colombia 0.78%
Indonesia 0.77%
Kazakhstan 0.57%
Argentina 0.36%
Hong Kong 0.36%
United Kingdom 0.34%
India 0.24%
El Salvador 0.20%
Peru 0.18%
Lithuania 0.17%
Netherlands 0.17%
Australia 0.17%
Canada 0.16%
Sweden 0.15%
Croatia 0.15%
Bermuda 0.12%
Switzerland 0.12%
France 0.10%
Germany 0.08%
Belgium 0.04%
Luxembourg 0.02%
South Africa 0.01%
Greece 0.01%
Total 100.00%
Credit Quality Breakdown
Portfolio %
AAA 79.41%
AA 0.28%
A 1.94%
BBB 9.20%
BB 5.15%
B 1.69%
CCC 1.66%
CC 0.04%
C 0.07%
D 0.06%
A-1+ 0.50%
Total Investments 100.00%
Portfolio Statistics
Percentage of Leverage:
Bank Borrowing: 0.00%
Investment Operations: 30.08%
Preferred Stock: 0.00%
Tender Option Bonds: 0.00%
Term Asset-Backed Loans
Facility (TALF): 3.92%
Total: 34.00%, as of 12/31/2009
Avg. Maturity: 8.91 Years
Effective Duration:
Corporate 4.27 yrs
Non Dollar Government 5.09 yrs
Emerging Market 5.21 yrs
US Treasury 2.78 yrs
High Yield 2.29 yrs
Total Portfolio: 4.65 Years, as of 12/31/2009
Total Net Assets: $2,033.4 Million
Net Asset Value: $8.37
Number of Holdings: 312
* Investment Operations may include the use of certain portfolio management techniques such as 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 AllianceBernstein Income Fund, Inc.
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