Market Overview

Alliance New York Municipal Income Fund Releases Monthly Portfolio Update

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NEW YORK, Feb. 26, 2013 /PRNewswire/ -- Alliance New York Municipal Income Fund, Inc. (NYSE: AYN) (the "Fund") today released its monthly portfolio update as of January 31, 2013.











Alliance New York Municipal Income Fund, Inc.









Top 10 Fixed-Income Holdings









Portfolio %





1)   Port Authority of NY & NJ   5.00%,   10/01/27

5.04%





2)   New York St Dormitory Auth (Maimonides Med Ctr) NPFGC Series 04   

      5.75%,   8/01/29

4.56%





3)   Erie Cnty NY Fiscal Stability Auth (Erie Cnty Ny Sales Tax) Series 2011C  

      5.00%,   12/01/25

4.17%





4)   New York St Thruway Auth (New York St Thruway Auth Ded Tax) Series

      2011A   5.00%,   4/01/25

4.13%





5)   Puerto Rico Sales Tax Fin Corp. Series 2009A   5.50%,   8/01/28

3.72%





6)   Tobacco Settlement Fin Corp. NY (New York St Lease Tobacco Asset Sec)

      AMBAC Series 03A-1   5.25%,   6/01/21

3.52%





7)   New York St Envrn Fac Corp.   5.00%,   8/15/24

3.23%





8)   New York St Thruway Auth (New York St Pers Income Tax) Series 2011A   

      5.00%,   3/15/26

3.12%





9)   New York NY Trnsl Fin Auth   5.00%,   5/01/27

3.09%





10) New York NY Trnsl Fin Auth Series 2002B   5.00%,   2/01/27

3.09%













Sector/Industry Breakdown









Portfolio %





Tax Supported







Special Tax

33.16%





Local G.O.

12.19%





Tax-Supported State Lease

5.60%





State G.O.

2.33%





Assessment District

0.43%





SUBTOTAL

53.71%





Revenue







Water & Sewer

10.37%





Health Care - Not-for-Profit

9.67%





Toll Roads/Transit

8.20%





Airport

5.04%





Higher Education - Private

3.68%





Electric Utility

1.99%





Senior Living

1.70%





Industrial Development - Industry

0.49%





Industrial Development - Utility

0.21%





SUBTOTAL

41.35%





Asset-Backed







Housing - Multi-Family

1.82%





Housing - Single Family

1.21%





SUBTOTAL

3.03%





Cash Equivalents







Investment Companies

1.52%





SUBTOTAL

1.52%





Prerefunded/ETM

0.39%





Total

100.00%













State Breakdown









Portfolio %





New York

90.23%





Puerto Rico

6.42%





California

0.88%





Colorado

0.43%





Illinois

0.31%





Ohio

0.21%





Other

1.52%





Total Investments

100.00%













Credit Quality Breakdown









Portfolio %





AAA

28.60%





AA

44.97%





A

13.75%





BBB

8.77%





BB

0.49%





Not Rated

1.51%





Pre-refunded Bonds

0.39%





Short Term Investments

1.52%





Total Investments

100.00%













Bonds By Maturity









Portfolio %





Less than 1 year

1.52%





1 to 5 years

0.35%





5 to 10 years

11.14%





10 to 20 years

82.11%





20 to 30 years

4.88%





More than 30 years

0.00%





Other

0.00%





Total Investments

100.00%













Portfolio Statistics:







AMT Percentage:

9.79%





Average Coupon:

0.00%





Percentage of Leverage:







Bank Borrowing:

0.00%





Investment Operations:

0.00%





Preferred Stock:

36.22%





Tender Option Bonds:

3.73%





Term Asset-Backed Loans Facility (TALF):

0.00%





Total Fund Leverage:

39.95%*





Average Effective Maturity:

6.51 Years





Effective Duration:

5.58 Years





Total Net Assets:

$112.65 Million**





Common Stock Net Asset Value:

$14.86





Number of Holdings:

68





Portfolio Turnover:

44%













* The total percentage of leverage constitutes 3.73% through the use of tender option bonds, 36.22% in issued

  and outstanding preferred stock and 0.00% in investment operations, which 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.









** 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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