Market Overview

AllianceBernstein Income Fund Releases Monthly Portfolio Update

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

AllianceBernstein Income Fund, Inc.

Top 10 Fixed Income Holdings





Portfolio %

1)   U.S. Treasury Notes

2.625%, 8/15/20 - 11/15/20

15.94%

2)   U.S. Treasury Bonds

6.625%, 2/15/27

12.75%

3)   U.S. Treasury Bonds

6.875%, 8/15/25

11.80%

4)   U.S. Treasury Bonds

6.125%, 11/15/27

8.09%

5)   U.S. Treasury Bonds

7.625%, 2/15/25

4.29%

6)   U.S. Treasury Bonds

8.00%, 11/15/21

3.73%

7)   U.S. Treasury Notes

1.625%, 8/15/22

3.05%

8)   Federal National Mortgage Association

5.375%, 6/12/17

2.26%

9)   Residual Funding Corp. Principal Strip

0.01%, 7/15/20

1.72%

10) U.S. Treasury Bonds

6.25%, 8/15/23

0.99%




Fixed Income Holdings by Security Type





Portfolio %

     Governments - Treasuries



          Treasuries


61.53%

     SUBTOTAL


61.53%

     Corporates - Non-Investment Grades



          Industrial



              Communications - Media


1.60%

              Capital Goods


1.51%

              Consumer Non-Cyclical


1.40%

              Energy


1.21%

              Basic


1.03%

              Consumer Cyclical - Other


0.62%

              Consumer Cyclical - Retailers


0.59%

              Technology


0.56%

              Consumer Cyclical - Automotive


0.39%

              Communications - Telecommunications


0.36%

              Services


0.25%

              Transportation - Airlines


0.13%

              Consumer Cyclical - Restaurants


0.07%

              Other Industrial


0.07%

              Consumer Cyclical - Entertainment


0.03%

      SUBTOTAL


9.82%

    Utility



              Electric


0.98%

              Natural Gas


0.19%

      SUBTOTAL


1.17%

    Financial Institutions



              Banking


0.33%

              Other Finance


0.30%

              REITS


0.10%

              Brokerage


0.09%

              Finance


0.05%

      SUBTOTAL


0.87%

    SUBTOTAL


11.86%

    Corporates - Investment Grades



         Industrial



              Communications - Telecommunications


1.20%

              Energy


0.83%

              Capital Goods


0.61%

              Consumer Non-Cyclical


0.37%

              Communications - Media


0.32%

              Basic


0.30%

              Technology


0.26%

              Consumer Cyclical - Retailers


0.18%

              Consumer Cyclical - Entertainment


0.11%

              Consumer Cyclical - Other


0.07%

              Transportation - Airlines


0.06%

              Transportation - Services


0.04%

              Consumer Cyclical - Automotive


0.03%

      SUBTOTAL


4.38%

    Financial Institutions



              Insurance


0.88%

              Banking


0.77%

              REITS


0.44%

              Finance


0.10%

              Other Finance


0.01%

      SUBTOTAL


2.20%

    Non Corporate Sectors



              Agencies - Not Government Guaranteed


1.11%

      SUBTOTAL


1.11%

    Utility



              Electric


0.12%

              Natural Gas


0.09%

      SUBTOTAL


0.21%

    SUBTOTAL


7.90%

    Agencies



              Agency Debentures


2.79%

              Agency Subordinated


2.26%

    SUBTOTAL


5.05%

    Mortgage Pass-Throughs



              Agency Fixed Rate 30-Year


2.26%

              Agency ARMs


0.45%

    SUBTOTAL


2.71%

    Collateralized Mortgage Obligations



              Non-Agency Fixed Rate


1.23%

              Non-Agency Floating Rate


0.43%

    SUBTOTAL


1.66%

    Emerging Markets - Corporate Bonds



          Industrial



              Consumer Cyclical - Other


0.35%

              Basic


0.27%

              Consumer Non-Cyclical


0.21%

              Communications - Media


0.20%

              Communications - Telecommunications


0.17%

              Other Industrial


0.13%

              Capital Goods


0.03%

      SUBTOTAL


1.36%

    Financial Institutions



            Banking


0.15%

            Other Finance


0.01%

      SUBTOTAL


0.16%

    SUBTOTAL


1.52%

    Bank Loans



         Industrial



              Consumer Non-Cyclical


0.33%

              Consumer Cyclical - Automotive


0.20%

              Consumer Cyclical - Other


0.14%

              Consumer Cyclical - Retailers


0.13%

              Capital Goods


0.12%

              Communications - Media


0.11%

              Technology


0.11%

              Other Industrial


0.07%

              Communications - Telecommunications


0.06%

              Basic


0.03%

              Services


0.02%

              Energy


0.01%

      SUBTOTAL


1.33%

    Financial Institutions



              REITS                      


0.10%

      SUBTOTAL


0.10%

    Utility



              Other Utility


0.06%

      SUBTOTAL


0.06%

    SUBTOTAL


1.49%

    Emerging Markets - Sovereigns


1.03%

    Local Governments - Municipal Bonds


0.93%

    Quasi-Sovereigns



         Quasi-Sovereign Bonds


0.86%

    SUBTOTAL


0.86%

    Preferred Stocks



         Financial Institutions


0.48%

         Non Corporate Sectors


0.01%

    SUBTOTAL


0.49%

    Governments - Sovereign Bonds


0.38%

    Commercial Mortgage-Backed Securities



         Non-Agency Fixed Rate CMBS


0.32%

    SUBTOTAL


0.32%

    Governments - Sovereign Agencies


0.25%

    Common Stocks


0.03%

    Short-Term Investments



    Investment Companies


1.99%

    Total Fixed Income


100.00%




    Country Breakdown





Portfolio %

    United States


89.22%

    Brazil


2.28%

    Russia


1.15%

    United Kingdom


0.71%

    Mexico


0.68%

    Canada


0.63%

    Argentina


0.50%

    Turkey


0.37%

    Netherlands


0.37%

    India


0.37%

    Luxembourg


0.36%

    Germany


0.34%

    Indonesia


0.33%

    Croatia


0.31%

    El Salvador


0.24%

    Peru


0.22%

    Colombia


0.22%

    Venezuela


0.21%

    Spain


0.18%

    Switzerland


0.17%

    Hungary


0.17%

    Nigeria


0.15%

    Barbados


0.14%

    Belarus


0.13%

    Portugal


0.13%

    Norway


0.12%

    France


0.09%

    China


0.09%

    United Arab Emirates


0.08%

    Australia


0.04%

    Total Investments


100.00%




Net Currency Exposure Breakdown





Portfolio %

    United States Dollar


102.85%

    Mexican Peso


2.03%

    South Korean Won


0.54%

    Singapore Dollar


0.50%

    Russian Rubles


0.43%

    Nigerian Naira


0.22%

    Brazilian Real


0.03%

    Euro


-0.06%

    Canadian Dollar


-1.02%

    Great British Pound


-2.52%

    Japanese Yen


-3.00%

    Total Investments


100.00%




              Credit Quality Breakdown





Portfolio %

                   AAA


68.78%

                   AA


0.10%

                   A


2.11%

                   BBB


9.74%

                   BB


9.50%

                   B


5.55%

                   CCC


1.82%

                   CC


0.05%

                   D


0.10%

                   Not Rated


0.26%

                   Short Term Investments


1.99%

                   Total Investments


100.00%




    Portfolio Statistics:



         Average Coupon:


8.47%

         Average Bond Price:


N/A

         Percentage of Leverage:



         Bank Borrowing:


0.00%

         Investment Operations:


43.12%*

         Preferred Stock:


0.00%

         Tender Option Bonds:


0.00%

         Term Asset-Backed Loans Facility (TALF):


0.00%

         Total Fund Leverage:


43.12%

         Average Maturity:


15.04 Years

         Effective Duration:


9.14 Years

         Total Net Assets:


$2,141.93 Million

         Net Asset Value:


$8.82

         Number of Holdings:


378

         Portfolio Turnover:


67%

* 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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