/PRNewswire/ -- Alliance New York Municipal Income Fund, Inc. AYN (the "Fund") today released its monthly portfolio update as of May 31, 2015.
NEW YORK, June 26, 2015
Alliance New York Municipal Income Fund, Inc. |
|
Top 10 Fixed-Income Holdings |
Portfolio % |
1) Port Authority of New York & New Jersey Series 2012 5.00%, 10/01/34 |
4.85% |
2) Erie County Fiscal Stability Authority (Erie County Fiscal Stability Authority Sales Tax) Series 2011C 5.00%, 12/01/25 |
4.20% |
3) Utility Debt Securitization Authority Series 2013T 5.00%, 12/15/30 |
4.19% |
4) New York State Thruway Authority (New York State Thruway Authority Ded Tax) Series 2011A 5.00%, 4/01/31 |
3.99% |
5) New York State Dormitory Authority (New York State Dormitory Authority Lease) Series 2013A 5.25%, 7/01/30 |
3.09% |
6) New York State Dormitory Authority (State of New York Pers Income Tax) Series 2012A 5.00%, 6/15/31 |
3.06% |
7) New York State Dormitory Authority (New York St Pers Income Tax) 5.00%, 3/15/26 |
2.92% |
8) New York State Thruway Authority (New York State Thruway Authority Gen Toll Road) Series 2014J 5.00%, 1/01/41 |
2.92% |
9) Idaho Housing & Finance Association (State of Idaho Fed Hwy Grant) Series 2014 5.00%, 7/15/31 |
2.83% |
10) New York City Water & Sewer System Series 2011HH 5.00%, 6/15/26 |
2.65% |
Sector/Industry Breakdown |
Portfolio % |
Revenue |
|
Toll Roads/Transit |
10.95% |
Water & Sewer |
10.25% |
Health Care - Not-for-Profit |
9.83% |
Higher Education - Private |
9.71% |
Revenue - Miscellaneous |
8.26% |
Electric Utility |
7.60% |
Airport |
7.36% |
Senior Living |
3.71% |
Higher Education - Public |
1.22% |
Industrial Development - Utility |
0.23% |
SUBTOTAL |
69.12% |
Tax Supported |
|
Special Tax |
19.32% |
Tax-Supported State Lease |
3.03% |
Local G.O. |
2.04% |
Assessment District |
0.43% |
State G.O. |
0.18% |
SUBTOTAL |
25.00% |
Asset-Backed |
|
Housing - Multi-Family |
3.89% |
SUBTOTAL |
3.89% |
Prerefunded/ETM |
1.99% |
Total |
100.00% |
State Breakdown |
Portfolio % |
New York |
92.34% |
Idaho |
2.83% |
Texas |
2.04% |
Florida |
0.98% |
Kansas |
0.97% |
Colorado |
0.43% |
Ohio |
0.23% |
California |
0.18% |
Total Investments |
100.00% |
Credit Quality Breakdown |
Portfolio % |
AAA |
15.67% |
AA |
53.14% |
A |
18.80% |
BBB |
8.38% |
BB |
1.10% |
Not Rated |
0.92% |
Pre-refunded Bonds |
1.99% |
Total Investments |
100.00% |
Bonds By Maturity |
Portfolio % |
Less than 1 year |
0.00% |
1 to 5 years |
3.63% |
5 to 10 years |
5.46% |
10 to 20 years |
74.56% |
20 to 30 years |
14.35% |
More than 30 years |
2.00% |
Other |
0.00% |
Total Investments |
100.00% |
Portfolio Statistics: |
|
AMT Percentage: |
10.37% |
Average Coupon: |
5.21% |
Percentage of Leverage: |
|
Bank Borrowing: |
0.00% |
Investment Operations: |
0.46% |
Preferred Stock: |
37.56% |
Tender Option Bonds: |
3.87% |
Term Asset-Backed Loans Facility (TALF): |
0.00% |
Total Fund Leverage: |
41.89%* |
Average Effective Maturity: |
6.84 Years |
Effective Duration: |
5.88 Years |
Total Net Assets: |
$110.74 Million** |
Common Stock Net Asset Value: |
$14.46 |
Number of Holdings: |
73 |
Portfolio Turnover: |
42% |
* The total percentage of leverage constitutes 3.87% through the use |
|
of tender option bonds, 37.56% in issued and outstanding preferred |
|
stock and 0.46% 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. |
|
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/alliance-new-york-municipal-income-fund-releases-monthly-portfolio-update-300105641.html
SOURCE Alliance New York Municipal Income Fund, Inc.
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