NEW YORK, Dec. 28, 2010 /PRNewswire/ -- Alliance New York Municipal Income Fund, Inc.[NYSE: AYN] (the "Fund") today released its monthly portfolio update as of November 30, 2010.
Alliance New York Municipal Income Fund, Inc. Top 10 Fixed-Income Holdings Portfolio % 1) New York St Mortgage Agy SFMR (New York St 7.54% Mortgage Agy) Series 01-29 5.45%, 4/01/31 2) Metropolitan Trnsp Auth NY Series 02A 5.00% 5.125%, 11/15/31 3) New York St UDC Series 02A 5.25%, 3/15/32 4.81% (Prerefunded/ETM) 4) New York NY GO Series 01B 5.50%, 12/01/31 4.76% (Prerefunded/ETM) 5) New York St Dormitory Auth (Maimonides Med 4.75% Ctr) NPFGC Series 04 5.75%, 8/01/29 6) New York NY Trst for Cult Res (Museum of 4.57% Modern Art) AMBAC Series 01D 5.125%, 7/01/31 7) New York NY Mun Wtr Fin Auth Series 02A 4.57% 5.125%, 6/15/34 8) Tobacco Settlement Fin Corp. NY (New York St 3.83% Lease Tobacco Asset Sec) AMBAC Series 03A-1 5.25%, 6/01/21 9) Puerto Rico Sales Tax Fin Corp. 5.50%, 3.77% 8/01/28 10) Puerto Rico Hwy & Trnsp Auth Series 02D 3.16% 5.375%, 7/01/36 (Prerefunded/ETM) Sector/Industry Breakdown Portfolio % Prerefunded/ETM 24.84% Special Tax 10.28% Water & Sewer 9.41% Housing - Single Family 8.94% Health Care - Not-for-Profit 8.47% Toll Roads/Transit 6.69% Tax-Supported State Lease 5.65% Revenue - Miscellaneous 5.51% Higher Education - Private 3.98% Housing - Multi-Family 3.03% State G.O. 2.39% Assessment District 2.33% Electric Utility 2.01% Senior Living 1.80% Local G.O. 1.73% Insured 1.18% Industrial Development -Airline 1.00% Health Care - Municipal 0.28% Primary/Secondary Ed. -Private 0.25% Industrial Development -Utility 0.23% Total 100.00% State Breakdown Portfolio % New York 81.75% Puerto Rico 12.84% Florida 2.97% California 1.30% Colorado 0.37% Illinois 0.28% Pennsylvania 0.26% Ohio 0.23% Total Investments 100.00% Credit Quality Breakdown Portfolio % AAA 24.57% AAA(Pre-refunded Bonds) 24.83% AA 20.33% A 22.00% BBB 3.86% BB 1.08% Not Rated 3.33% Total Investments 100.00% Portfolio Statistics: AMT Percentage: 13.38% Average Coupon: 5.14% Percentage of Leverage: Bank Borrowing: 0.00% Investment Operations: 0.00% Preferred Stock: 37.05% Tender Option Bonds: 3.81% Term Asset-Backed Loans Facility (TALF): 0.00% Total Fund Leverage: 40.86%* Average Maturity: 5.42 Years Effective Duration: 3.80 Years Total Net Assets: $110.13 Million** Common Stock Net Asset Value: $14.36 Number of Holdings: 66 * The total percentage of leverage constitutes 3.81% through the use of tender option bonds, 37.05% 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.
Alliance New York Municipal Income Fund, Inc.
CONTACT: Shareholder Contact: +1-800-221-5672
Web Site: http://www.alliancebernstein.com/
