Alliance New York Municipal Income Fund Releases Monthly Portfolio Update

PR Newswire

NEW YORK, June 27, 2013 /PRNewswire/ -- Alliance New York Municipal Income Fund, Inc. (AYN) (the "Fund") today released its monthly portfolio update as of May 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     

4.98%

  2) New York St Dormitory Auth   NPFGC Series 04     

4.68%

      5.75%,  8/01/14 (Prerefunded/ETM)


  3) Erie Cnty NY Fiscal Stability Auth (Erie Cnty           

4.12%

      Ny Sales Tax)  Series 2011C  5.00%,  12/01/25


  4) New York St Thruway Auth (New York St Thruway    

4.09%

      Auth Ded Tax)  Series 2011A  5.00%,  4/01/25


  5) Puerto Rico Sales Tax Fin Corp.   Series 2009A        

3.78%

      5.50%,  8/01/28


  6) Tobacco Settlement Fin Corp. NY (New York St         

3.54%

      Lease Tobacco Asset Sec) AMBAC Series 03A-1


      5.25%,  6/01/21


  7) New York St Envrn Fac Corp.     5.00%,                   

3.18%

      8/15/24


  8) New York NY Trnsl Fin Auth   Series 2012A-1            

3.09%

      5.00%,  5/01/27


  9) New York NY Trnsl Fin Auth   Series 2002B                

3.05%

      5.00%,  2/01/27


  10) New York St Thruway Auth (New York St Pers           

3.05%

      Income Tax)  Series 2011A  5.00%,  3/15/26




Sector/Industry Breakdown



Portfolio %

Tax Supported


        Special Tax                          

32.95%

        Local G.O.                            

9.52%

        Tax-Supported State Lease     

5.58%

        State G.O.                              

1.63%

        Assessment District                 

0.43%

SUBTOTAL                               

50.11%

Revenue


         Water & Sewer                           

8.56%

         Toll Roads/Transit                        

8.08%

         Health Care - Not-for-Profit             

6.08%

         Airport                                          

4.98%

         Higher Education - Private               

3.66%

         Senior Living                                   

3.20%

         Electric Utility                                  

1.99%

         Revenue - Miscellaneous                   

1.35%

         Industrial Development - Industry         

0.49%

         Industrial Development - Utility             

0.21%

SUBTOTAL                                         

38.60%

Prerefunded/ETM                                  

6.89%

Asset-Backed


        Housing - Multi-Family                           

1.85%

        Housing - Single Family                          

1.23%

SUBTOTAL                                             

3.08%

Cash Equivalents


        Investment Companies                              

1.32%

SUBTOTAL                                               

1.32%

Total                                                    

100.00%



State Breakdown



Portfolio %

New York                                         

91.01%

Puerto Rico                                       

6.49%

Colorado                                            

0.43%

Illinois                                                 

0.32%

California                                              

0.22%

Ohio                                                     

0.21%

Other                                                     

1.32%

Total Investments                                     

100.00%



        Credit Quality Breakdown



Portfolio %

            AAA                                 

26.66%

            AA                                    

43.77%

            A                                       

15.04%

            BBB                                   

4.68%

            BB                                      

0.49%

            Not Rated                             

1.15%

            Pre-refunded Bonds                  

6.89%

            Short Term Investments             

1.32%

            Total Investments                       

100.00%



Bonds By Maturity



Portfolio %

Less than 1 year                       

3.13%

1 to 5 years                               

5.04%

5 to 10 years                              

11.17%

10 to 20 years                             

72.85%

20 to 30 years                              

7.81%

More than 30 years                        

0.00%

Other                                             

0.00%

Total Investments                             

100.00%



Portfolio Statistics:


      AMT Percentage:                              

9.95%

      Average Coupon:                                

5.27%

      Percentage of Leverage:


        Bank Borrowing:                                  

0.00%

        Investment Operations:                         

0.00%

        Preferred Stock:                                  

36.87%

        Tender Option Bonds:                           

3.80%

        Term Asset-Backed Loans Facility (TALF):    

0.00%

        Total Fund Leverage:                              

40.67%*

      Average Effective Maturity:                      

  6.33 Years

      Effective Duration:                               

5.44 Years

      Total Net Assets:                          

$110.65 Million**

      Common Stock Net Asset Value:                     

$14.44

      Number of Holdings:                                      

70

      Portfolio Turnover:                                      

44%



* The total percentage of leverage constitutes 3.80% through the use
of tender option bonds, 36.87% 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.  

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