NEW YORK, Dec. 24, 2012 /PRNewswire/ -- Alliance New York Municipal Income Fund, Inc. (NYSE: AYN) (the "Fund") today released its monthly portfolio update as of November 30, 2012.
Alliance New York Municipal Income Fund, Inc. | ||
Top 10 Fixed-Income Holdings | Portfolio % | |
1) Port Authority of NY & NJ 5.00%, 10/01/27 | 5.05% | |
2) New York St Dormitory Auth (Maimonides MedCtr) NPFGC Series 04 5.75%, 8/01/29 | 4.50% | |
3) Erie Cnty NY Fiscal Stability Auth (Erie Cnty Ny Sales Tax) Series 2011C 5.00%, 12/01/25 | 4.19% | |
4) New York St Thruway Auth (New York St ThruwayAuth Ded Tax) Series 2011A 5.00%, 4/01/25 | 4.15% | |
5) Puerto Rico Sales Tax Fin Corp.Series 2009A5.50%, 8/01/28 | 3.81% | |
6) Tobacco Settlement Fin Corp. NY (New York StLease Tobacco Asset Sec) AMBAC Series 03A-1 5.25%, 6/01/21 | 3.47% | |
7) New York St Envrn Fac Corp.5.00%,8/15/24 | 3.24% | |
8) New York St Thruway Auth (New York St PersIncome Tax) Series 2011A 5.00%, 3/15/26 | 3.14% | |
9) New York NY Trnsl Fin Auth Series 2002B5.00%, 2/01/27 | 3.13% | |
10) New York NY Trnsl Fin Auth5.00%,5/01/27 | 3.11% | |
Sector/Industry Breakdown | Portfolio % | |
Tax Supported | ||
Special Tax | 33.42% | |
Local G.O. | 12.58% | |
Tax-Supported State Lease | 5.56% | |
State G.O. | 2.32% | |
Assessment District | 0.42% | |
SUBTOTAL | 54.30% | |
Revenue | ||
Health Care - Not-for-Profit | 10.91% | |
Water & Sewer | 10.40% | |
Toll Roads/Transit | 8.23% | |
Airport | 5.05% | |
Higher Education - Private | 3.66% | |
Electric Utility | 1.97% | |
Senior Living | 1.69% | |
Industrial Development - Industry | 0.47% | |
Industrial Development - Utility | 0.21% | |
SUBTOTAL | 42.59% | |
Asset-Backed | ||
Housing - Multi-Family | 1.78% | |
Housing - Single Family | 1.18% | |
SUBTOTAL | 2.96% | |
Cash Equivalents | ||
Investment Companies | 0.11% | |
SUBTOTAL | 0.11% | |
Prerefunded/ETM | 0.04% | |
Total | 100.00% | |
State Breakdown | Portfolio % | |
New York | 91.64% | |
Puerto Rico | 6.48% | |
California | 0.87% | |
Colorado | 0.42% | |
Illinois | 0.27% | |
Ohio | 0.21% | |
Other | 0.11% | |
Total Investments | 100.00% | |
Credit Quality Breakdown | Portfolio % | |
AAA | 28.76% | |
AA | 44.83% | |
A | 13.84% | |
BBB | 9.95% | |
BB | 0.47% | |
Not Rated | 2.00% | |
Pre-refunded Bonds | 0.04% | |
Short Term Investments | 0.11% | |
Total Investments | 100.00% | |
Portfolio Statistics: | ||
AMT Percentage: | 9.34% | |
Average Coupon: | 5.37% | |
Percentage of Leverage: | ||
Bank Borrowing: | 0.00% | |
Investment Operations: | 0.00% | |
Preferred Stock: | 35.40% | |
Tender Option Bonds: | 3.64% | |
Term Asset-Backed Loans Facility (TALF): | 0.00% | |
Total Fund Leverage: | 39.04%* | |
Average Effective Maturity: | 6.70 Years | |
Effective Duration: | 5.83 Years | |
Total Net Assets: | $115.27 Million** | |
Common Stock Net Asset Value: | $15.40 | |
Number of Holdings: | 68 | |
Portfolio Turnover: | 15% | |
* The total percentage of leverage constitutes 3.64% through the use of tender option bonds, 35.40% 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. | ||
SOURCE Alliance New York Municipal Income Fund, Inc.
