NEW YORK, June 28, 2019 /PRNewswire/ -- Alliance California Municipal Income Fund, Inc. AKP (the "Fund") today released its monthly portfolio update as of May 31, 2019.
Alliance California Municipal Income Fund, Inc. | ||
Top 10 Fixed-Income Holdings | Portfolio % | |
1) State of California Series 2009A 1.25%, 5/01/33 | 4.67% | |
2) State of California Series 2004A5 1.35%, 5/01/34 | 4.67% | |
3) City of Irvine CA (City of Irvine CA Assessment District No 97-17) 1.23%, 9/02/23 | 4.52% | |
4) State of California Series 2018B 1.18%, 5/01/40 | 4.45% | |
5) Bay Area Toll Authority Series 2013S 5.00%, 4/01/33 (Prerefunded/ETM) | 4.44% | |
6) University of California Series 2018A 1.29%, 5/15/48 | 4.29% | |
7) San Francisco City & County Public Utilities Commission Wastewater Revenue Series 2013B 5.00%, 10/01/32 | 4.10% | |
8) San Diego County Water Authority Series 2013 5.00%, 5/01/31 | 3.74% | |
9) State of California 1.20%, 5/01/34 | 3.21% | |
10) California State Public Works Board Series 2011G 5.25%, 12/01/26 (Prerefunded/ETM) | 3.17% | |
Sector/Industry Breakdown | Portfolio % | |
Cash Equivalents | ||
U.S. Treasury | 42.80% | |
Investment Companies | 1.05% | |
SUBTOTAL | 43.85% | |
Note/VRDBs | ||
Money Market | 28.46% | |
SUBTOTAL | 28.46% | |
Prerefunded/ETM | 15.60% | |
Revenue | ||
Water & Sewer | 7.85% | |
Higher Education - Private | 1.71% | |
Revenue - Miscellaneous | 1.13% | |
SUBTOTAL | 10.69% | |
Tax Supported | ||
Special Tax | 1.40% | |
SUBTOTAL | 1.40% | |
Total | 100.00% | |
State Breakdown | Portfolio % | |
California | 56.15% | |
Other | 43.85% | |
Total Investments | 100.00% | |
Credit Quality Breakdown | Portfolio % | |
AAA | 3.74% | |
AA | 6.64% | |
BB | 1.71% | |
Pre-refunded Bonds | 15.60% | |
Short-Term Investments | 72.31% | |
Total Investments | 100.00% | |
Bonds By Maturity | Portfolio % | |
Less than 1 year | 72.31% | |
1 to 5 years | 0.00% | |
5 to 10 years | 4.30% | |
10 to 20 years | 22.55% | |
20 to 30 years | 0.84% | |
More Than 30 years | 0.00% | |
Other | 0.00% | |
Total Investments | 100.00% | |
Portfolio Statistics: | ||
AMT Percent: | 3.58% | |
Average Coupon: | 1.66% | |
Percentage of Leverage: | ||
Bank Borrowing: | 0.00% | |
Investment Operations: | 0.00% | |
Auction Preferred Shares (APS): | 0.00% | |
Tender Option Bonds: | 0.00% | |
Variable Rate MuniFund Term Preferred Shares (VMTPs): | 0.00% | |
Total Fund Leverage: | 0.00% | |
Average Effective Maturity: | 0.94 Years | |
Effective Duration: | 0.88 Years | |
Total Net Assets: | $128.81 Million | |
Common Stock Net Asset Value: | $15.06 | |
Number of Holdings: | 25 | |
Portfolio Turnover: | 17% |
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.
View original content:http://www.prnewswire.com/news-releases/alliance-california-municipal-income-fund-releases-monthly-portfolio-update-300878055.html
SOURCE Alliance California Municipal Income Fund, Inc.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.