AllianceBernstein Income Fund Releases Monthly Portfolio Update
NEW YORK, Feb. 26 /PRNewswire-FirstCall/ -- AllianceBernstein Income Fund, Inc. (NYSE: ACG) (the "Fund") today released its monthly portfolio update as of January 31, 2010.
AllianceBernstein Income Fund, Inc.
Top 10 Fixed-Income Holdings
Portfolio %
1)U.S. Treasury Notes 1.375%, 9/15/12 - 8.48%
10/15/12
2)U.S. Treasury Bonds 8.125%, 8/15/19 7.34%
3)U.S. Treasury Notes 2.375%, 4/15/11 - 7.27%
8/31/14 (TIPS)
4)U.S. Treasury STRIPS Zero Coupon, 5/15/17 6.67%
5)U.S. Treasury Notes 1.75%, 8/15/12 6.65%
6)U.S. Treasury Notes 2.125%, 11/30/14 - 6.19%
1/15/19
7)U.S. Treasury Notes 3.875%, 2/15/13 4.73%
8)U.S. Treasury Notes 2.625%, 12/31/14 - 4.56%
2/29/16
9)U.S. Treasury STRIPS Zero Coupon, 11/15/21 3.27%
10)U.S. Treasury Bonds 6.625%, 2/15/27 3.09%
Security Type Breakdown
Portfolio %
Governments - Treasuries:
Treasuries 58.77%
Mortgage Pass-Thru's:
Agency ARMS 4.28%
Agency Fixed Rate 30-Year 4.06%
SUBTOTAL 8.34%
Commercial Mortgage-Backed Securities:
Non-Agency Fixed Rate CMBS 7.70%
SUBTOTAL 7.70%
Corporates - Investment Grades:
Financial Institutions:
Banking 2.12%
Finance 0.45%
Insurance 0.25%
Other Finance 0.02%
SUBTOTAL 2.84%
Industrial:
Basic 1.12%
Transportation - Airlines 0.32%
Energy 0.28%
Consumer Cyclical - Automotive 0.23%
Capital Goods 0.23%
Other Industrial 0.21%
Communications - Media 0.19%
Technology 0.07%
Communications - Telecommunications 0.07%
Consumer Non-Cyclical 0.06%
SUBTOTAL 2.78%
Non Corporate Sectors:
Agencies - Not Government Guaranteed 1.45%
SUBTOTAL 1.45%
Utility:
Electric 0.02%
SUBTOTAL 0.02%
SUBTOTAL 7.09%
Corporates - Non-Investment Grades:
Industrial:
Basic 0.75%
Capital Goods 0.43%
Consumer Non-Cyclical 0.32%
Communications - Media 0.27%
Communications - Telecommunications 0.26%
Consumer Cyclical - Retailers 0.23%
Consumer Cyclical - Other 0.11%
Consumer Cyclical - Automotive 0.08%
Other Industrial 0.08%
Transportation - Services 0.05%
Technology 0.01%
Services 0.01%
SUBTOTAL 2.60%
Financial Institutions:
Banking 0.49%
Finance 0.35%
Insurance 0.16%
Brokerage 0.03%
SUBTOTAL 1.03%
SUBTOTAL 3.63%
Inflation-Linked Securities 2.97%
Agencies:
Agency Debentures 2.18%
Quasi-Sovereigns:
Quasi-Sovereign Bonds 2.05%
Bank Loans:
Industrial:
Communications - Media 0.25%
Technology 0.23%
Consumer Non-Cyclical 0.20%
Basic 0.17%
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 1.58%
Financial Institutions:
Finance 0.22%
Other Finance 0.02%
REITS 0.02%
Insurance 0.01%
SUBTOTAL 0.27%
Utility:
Electric 0.13%
SUBTOTAL 0.13%
SUBTOTAL 1.98%
Emerging Markets - Treasuries 1.82%
Emerging Markets - Sovereigns 1.08%
Asset-Backed Securities:
Credit Cards - Floating Rate 0.66%
Autos - Floating Rate 0.27%
SUBTOTAL 0.93%
Emerging Markets - Corporate Bonds:
Financial Institutions:
Banking 0.19%
Other Finance 0.01%
SUBTOTAL 0.20%
Industrial:
Energy 0.10%
Basic 0.02%
Consumer Non-Cyclical 0.01%
SUBTOTAL 0.13%
SUBTOTAL 0.33%
Governments - Sovereign Bonds 0.32%
CMOs:
Non-Agency ARMS 0.10%
Agency Fixed Rate 0.01%
SUBTOTAL 0.11%
Preferred Stocks:
Financial Institutions 0.06%
Non Corporate Sectors 0.01%
SUBTOTAL 0.07%
Equities:
Common Stock 0.02%
Warrants 0.01%
SUBTOTAL 0.03%
Local Governments - Regional Bonds 0.01%
Short-Term Investments:
Investment Companies 0.59%
Total 100.00%
Country Breakdown
Portfolio %
United States 87.60%
Russia 3.88%
Brazil 2.07%
Turkey 1.15%
Colombia 0.78%
Indonesia 0.75%
Kazakhstan 0.58%
United Kingdom 0.36%
Hong Kong 0.36%
Argentina 0.33%
India 0.25%
El Salvador 0.21%
Netherlands 0.19%
Peru 0.18%
Lithuania 0.17%
Australia 0.17%
Canada 0.16%
Sweden 0.15%
Croatia 0.15%
Switzerland 0.12%
Bermuda 0.12%
France 0.11%
Germany 0.08%
Belgium 0.04%
Luxembourg 0.02%
South Africa 0.01%
Greece 0.01%
Total 100.00%
Credit Quality Breakdown
Portfolio %
AAA 79.86%
AA 0.28%
A 1.89%
BBB 8.74%
BB 5.16%
B 2.06%
CCC 1.28%
CC 0.04%
C 0.07%
D 0.03%
A-1+ 0.59%
Total Investments 100.00%
Portfolio Statistics:
Percentage of Leverage:
Bank Borrowing: 0.00%
Investment Operations: 29.40%
Preferred Stock: 0.00%
Tender Option Bonds: 0.00%
Term Asset-Backed Loans
Facility (TALF): 3.91%
Total: 33.31%, as of 01/31/2010
Avg. Maturity: 8.68 Years
Effective Duration:
Corporate 4.45 yrs
Non Dollar Government 4.96 yrs
Emerging Market 5.13 yrs
US Treasury 2.82 yrs
High Yield 2.33 yrs
Total Portfolio: 4.71 Years, as of 01/31/2010
Total Net Assets: $2,060.4 Million
Net Asset Value: $8.48
Number of Holdings: 308
* 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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