Market Overview

Alliance New York Municipal Income Fund Releases Monthly Portfolio Update

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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