NEW YORK, Aug. 27 /PRNewswire-FirstCall/ -- Alliance California Municipal Income Fund, Inc. (the "Fund") today released its monthly portfolio update as of July 31, 2007.
Alliance California Municipal Income Fund, Inc. Top 10 Fixed-Income Holdings Portfolio% 1) Los Angeles CA Usd MBIA Go Ser 5.125% (01/01/27) 5.08% 2) California St 5.250% (04/01/30) 5.00% 3) LA Dept Of Wtr And Pwr FGIC 5.125% (07/01/41) 4.90% 4) Palo Alto A.D. CA Ser 02-A 5.875% (09/02/30) 3.92% 5) Puerto Rico Hwy Transp Rev Ser 5.375% (07/01/36) 3.31% 6) LA CA AMBAC AMT 5.375% (12/01/26) 3.18% 7) CA Infrastructure AMBAC 5.250% (02/01/32) 3.16% 8) Temecula CA Redev Agy MBIA 5.250% (08/01/36) 3.10% 9) Puerto Rico Elec Pwr Auth Elec 5.250% (07/01/31) 3.09% 10) Golden St Tob Stlmt Xlca 5.500% (06/01/33) 2.59% Sector/Industry Breakdown Portfolio% Muni: Education 16.09% Special Tax 12.98% Hospital/Health Care 8.18% Community Facility 8.14% Assessment District 6.20% Corporate - Utility (Water) 5.85% Transportation 5.74% Housing-Rental Units 5.07% General Obligation 4.18% Cop/Lease Rental 4.04% Miscellaneous 3.93% Higher Education 3.88% Corporate - Utility (Electric) 3.09% Port Facility 2.76% Water/SWR 2.45% Utility 2.07% Resource Recovery/Solid Waste 1.94% Airport Facility 1.73% SUBTOTAL 98.32% Short-term 1.68% Total 100.00% State Breakdown Portfolio% California 90.60% Puerto Rico 7.62% Nevada 1.28% Colorado 0.25% Ohio 0.25% Total 100.00% Credit Quality Breakdown Portfolio% AAA 73.33% AA 5.61% A 10.94% BBB 7.34% BB 2.53% B 0.25% Total 100.00% Portfolio Statistics AMT Percentage: 16.11% Average Coupon: 5.35% Percentage of Leverage: Bank Loans: 0% Investment Operations: 0% Preferred Stock: 38.79%* Total: 38.79% Avg. Maturity: 23.00 Years Duration: 4.05 Years Total Net Assets: $208.8 Million Net Asset Value: $14.97 Number of Holdings: 69 * Represents issued and outstanding preferred stock.
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.
