-
- Find the value of your home
- Sell your home
- Search homes for sale
- Get new home listings alerts
get more >>
Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact pressreleases@worldnow.com.
SOURCE Alliance New York Municipal Income Fund, Inc.
NEW YORK, April 23, 2013 /PRNewswire/ -- Alliance New York Municipal Income Fund, Inc. (NYSE: AYN) (the "Fund") today released its monthly portfolio update as of March 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
|
4.97%
|
|
2) New York St Dormitory Auth NPFGC Series 04
|
4.65%
|
|
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
|
4.08%
|
|
Auth Ded Tax) Series 2011A 5.00%, 4/01/25
|
|
|
5) Puerto Rico Sales Tax Fin Corp. Series 2009A
|
3.72%
|
|
5.50%, 8/01/28
|
|
|
6) Tobacco Settlement Fin Corp. NY (New York St
|
3.50%
|
|
Lease Tobacco Asset Sec) AMBAC Series 03A-1
|
|
|
5.25%, 6/01/21
|
|
|
7) New York St Envrn Fac Corp. 5.00%,
|
3.20%
|
|
8/15/24
|
|
|
8) New York NY Trnsl Fin Auth 5.00%, 5/01/27
|
3.07%
|
|
9) New York St Thruway Auth (New York St Pers
|
3.04%
|
|
Income Tax) Series 2011A 5.00%, 3/15/26
|
|
|
10) New York NY Trnsl Fin Auth Series 2002B
|
3.03%
|
|
5.00%, 2/01/27
|
|
|
|
Sector/Industry Breakdown
|
|
Portfolio %
|
|
Tax Supported
|
|
|
Special Tax
|
32.85%
|
|
Local G.O.
|
12.07%
|
|
Tax-Supported State Lease
|
5.53%
|
|
State G.O.
|
2.32%
|
|
Assessment District
|
0.43%
|
|
SUBTOTAL
|
53.20%
|
|
Revenue
|
|
|
Water & Sewer
|
8.56%
|
|
Toll Roads/Transit
|
8.06%
|
|
Health Care - Not-for-Profit
|
6.02%
|
|
Airport
|
4.97%
|
|
Higher Education - Private
|
3.64%
|
|
Electric Utility
|
1.98%
|
|
Senior Living
|
1.69%
|
|
Revenue - Miscellaneous
|
1.35%
|
|
Industrial Development - Industry
|
0.49%
|
|
Industrial Development - Utility
|
0.21%
|
|
SUBTOTAL
|
36.97%
|
|
Prerefunded/ETM
|
6.80%
|
|
Asset-Backed
|
|
|
Housing - Multi-Family
|
1.82%
|
|
Housing - Single Family
|
1.21%
|
|
SUBTOTAL
|
3.03%
|
|
Total
|
100.00%
|
|
|
|
State Breakdown
|
|
|
Portfolio %
|
|
New York
|
91.76%
|
|
Puerto Rico
|
6.41%
|
|
California
|
0.88%
|
|
Colorado
|
0.43%
|
|
Illinois
|
0.31%
|
|
Ohio
|
0.21%
|
|
Total Investments
|
100.00%
|
|
|
|
Credit Quality Breakdown
|
|
|
Portfolio %
|
|
AAA
|
26.61%
|
|
AA
|
46.20%
|
|
A
|
14.57%
|
|
BBB
|
4.21%
|
|
BB
|
0.49%
|
|
Not Rated
|
1.12%
|
|
Pre-refunded Bonds
|
6.80%
|
|
Total Investments
|
100.00%
|
|
|
|
Bonds By Maturity
|
|
|
Portfolio %
|
|
Less than 1 year
|
1.75%
|
|
1 to 5 years
|
5.00%
|
|
5 to 10 years
|
11.09%
|
|
10 to 20 years
|
75.88%
|
|
20 to 30 years
|
6.28%
|
|
More than 30 years
|
0.00%
|
|
Other
|
0.00%
|
|
Total Investments
|
100.00%
|
|
|
|
Portfolio Statistics:
|
|
|
AMT Percentage:
|
9.90%
|
|
Average Coupon:
|
5.39%
|
|
Percentage of Leverage:
|
|
|
Bank Borrowing:
|
0.00%
|
|
Investment Operations:
|
0.52%
|
|
Preferred Stock:
|
36.55%
|
|
Tender Option Bonds:
|
3.76%
|
|
Term Asset-Backed Loans Facility (TALF):
|
0.00%
|
|
Total Fund Leverage:
|
40.83%*
|
|
Average Effective Maturity:
|
6.60 Years
|
|
Effective Duration:
|
5.64 Years
|
|
Total Net Assets:
|
$111.64 Million**
|
|
Common Stock Net Asset Value:
|
$14.65
|
|
Number of Holdings:
|
69
|
|
Portfolio Turnover:
|
44%
|
* The total percentage of leverage constitutes 3.76% through the use of tender option bonds, 36.55% in issued and outstanding preferred stock and 0.52% 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.
©2012 PR Newswire. All Rights Reserved.
