NEW YORK, Aug. 15 /PRNewswire-FirstCall/ -- AllianceBernstein National Municipal Income Fund, Inc. (the "Fund") today released its monthly portfolio update as of July 31, 2008.
AllianceBernstein National Municipal Income Fund, Inc. Top 10 Fixed-Income Holdings Portfolio% 1) Bexar Cnty TX Hsg Fin MBIA Mfh 5.550% (10/01/36) 2.27% 2) O'hare Intl Arpt 5.375% (01/01/32) 2.24% 3) Wisconsin Hlth & Ed Fac MBIA 5.250% (02/15/32) 2.14% 4) Truckee Meadows NV Wtr Auth Wt 5.250% (07/01/34) 2.02% 5) Clark Cnty NV FGIC Airport Rev 5.250% (07/01/34) 2.00% 6) Indianapolis IN MBIA Pub Impro 5.250% (07/01/33) 1.70% 7) Chicago IL Go Ser 00 FGIC 5.500% (01/01/40) 1.53% 8) Texas State AMT Go 5.500% (08/01/41) 1.51% 9) Gulf Coast TX Wst Disp AMT Res 5.900% (04/01/36) 1.44% 10) Twenty-fifth Ave Pptys MBIA 5.250% (06/01/33) 1.43% Sector/Industry Breakdown Portfolio% Muni: Hospital/Health Care 15.95% Airport Facility 10.21% General Obligation 9.20% Corporate - Utility (Water) 7.88% Education 6.68% Housing-Rental Units 5.68% Transportation 5.28% Higher Education 5.08% Special Tax 4.84% Community Facility 4.42% Water/SWR 3.42% Housing-Mortgages 3.16% Continuing Care Facility 2.98% Cop/Lease Rental 2.60% Resource Recovery/Solid Waste 2.53% Miscellaneous 2.20% Corporate - Utility (Gas) 1.65% Student Loan 1.41% Utility 1.38% Assessment District 0.92% Corporate - Industrial 0.62% Misc. Purposes 0.60% Industrial 0.36% Corporate - Energy 0.29% Port Facility 0.29% Housing 0.22% Public Housing Authority 0.15% SUBTOTAL 100.00% Total 100.00% State Breakdown Portfolio% Texas 15.56% Illinois 10.67% Florida 10.05% Nevada 6.72% California 6.15% Wisconsin 4.11% Michigan 3.83% Alabama 3.55% Colorado 3.32% Indiana 2.96% Tennessee 2.82% Lousiana 2.69% Massachusetts 2.63% Ohio 2.29% Washington 2.14% Pennsylvania 2.04% South Carolina 1.65% Alaska 1.51% Puerto Rico 1.46% New York 1.30% Virginia 1.29% New Jersey 1.21% Arizona 1.05% Georgia 0.99% Rhode Island 0.89% New Hampshire 0.86% Mississippi 0.77% Oregon 0.72% North Dakota 0.68% Hawaii 0.66% North Carolina 0.65% District of Columbia 0.56% Utah 0.55% Missouri 0.54% Arkansas 0.43% Minnesota 0.33% Kansas 0.20% Iowa 0.09% New Mexico 0.08% Total 100.00% Credit Quality Breakdown Portfolio% AAA 24.29% AA 33.97% A 22.08% BBB 13.74% BB 5.39% B 0.53% Total 100.00% Portfolio Statistics AMT Percentage: 21.43% Average Coupon: 5.58% Percentage of Leverage: Bank Loans: 0% Investment Operations: 2.46% Preferred Stock: 26.70% Total: 29.16%* Avg. Maturity: 17.00 Years Duration: 7.03 Years Total Net Assets: $642.7 Million Net Asset Value: $13.97 Number of Holdings: 217
* The total percentage of leverage constitutes 26.70% in issued and outstanding preferred stock and 2.46% 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.
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.
