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.
SOURCE Alliance California Municipal Income Fund, Inc.
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