Monday, May 20 2013 5:22 PM EDT2013-05-20 21:22:27 GMT
NOTE: Photos and videos will be added to this story later in the evening. The Walthall County Sheriffs Department along with The Humane Society of the United States are in the process of raiding a puppyMore >>
Among the dogs, many are dead, and skeletal remains are mixed with living animals in small, dark, filthy enclosures.More >>
Experts say the officer who killed a Long Island college student and a home invasion suspect on Friday was confronted with a split-second choice.More >>
As a grieving family prepared for the funeral of a Hofstra University junior killed by a police officer's bullet during a standoff with an armed intruder, some on Monday questioned whether police should have waited for...More >>
Authorities have resumed the search for two young brothers who were passengers in an all-terrain vehicle that overturned in a Mississippi creek.More >>
Authorities have resumed the search for two young brothers who were passengers in an all-terrain vehicle that overturned in a Mississippi creek.More >>
Monday, May 20 2013 12:14 PM EDT2013-05-20 16:14:42 GMT
A few Hattiesburg residents got together three Easter Sundays ago and decided to form a plan: They'd take on two of Hattiesburg's historic buildings and create an atmosphere for urban living. DanielMore >>
A few Hattiesburg residents got together three Easter Sundays ago and decided to form a plan: They'd take on two of Hattiesburg's historic buildings and create an atmosphere for urban living. DanielMore >>
Monday, May 20 2013 2:32 PM EDT2013-05-20 18:32:53 GMT
HATTIESBURG (WDAM) - Police say a tractor trailer accident is blocking 38th Avenue and Hardy Street. Police are diverting traffic. Copyright 2013 WDAM. All rights reserved.More >>
Police say a tractor trailer accident is blocking 38th Avenue and Hardy Street. Police are diverting traffic.More >>
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SOURCE Alliance California Municipal Income Fund, Inc.
NEW YORK, April 23, 2013 /PRNewswire/ -- Alliance California Municipal Income Fund, Inc. [NYSE: AKP] (the "Fund") today released its monthly portfolio update as of March 31, 2013.
Alliance California Municipal Income Fund, Inc.
Top 10 Fixed-Income Holdings
Portfolio %
1) Los Angeles CA Wstwtr Sys 5.00%, 6/01/26
4.51%
2) San Francisco City/Cnty CA Pub Util Wtr
4.38%
Series 2012C 5.00%, 11/01/26
3) Los Angeles Cnty CA Met Trnsp Auth (Los
3.82%
Angeles Cnty Ca Mta Sales Tax) 5.00%,
7/01/25
4) California Pub Wks Brd (Univ Of California
3.54%
Lease) Series 2011A 5.25%, 12/01/26
5) Los Angeles CA Cmnty Redev Agy (Los Angeles Ca
3.19%
Cra Grand Ctrl) AMBAC Series 02 5.375%,
12/01/26
6) Los Angeles CA Harbor Dept 5.00%, 8/01/26
3.13%
7) Port of Oakland CA Series 2012P 5.00%,
2.86%
5/01/29
8) Puerto Rico Sales Tax Fin Corp. Series 2011A
2.85%
5.00%, 8/01/43
9) Clovis CA USD GO Series 2012A 5.00%,
2.44%
8/01/28
10) San Diego Cnty CA Regl Trnsp Commn Series
2.42%
2012A 5.00%, 4/01/28
Sector/Industry Breakdown
Portfolio %
Revenue
Water & Sewer
15.17%
Electric Utility
8.01%
Port
5.99%
Revenue - Miscellaneous
5.77%
Higher Education - Public
3.54%
Airport
2.59%
Higher Education - Private
2.39%
Primary/Secondary Ed. - Private
1.62%
Health Care - Not-for-Profit
1.35%
Industrial Development - Utility
0.19%
SUBTOTAL
46.62%
Tax Supported
Special Tax
21.96%
Local G.O.
10.02%
Tax-Supported Local Lease
3.45%
State G.O.
2.98%
Assessment District
2.01%
Tax-Supported State Lease
1.78%
SUBTOTAL
42.20%
Insured/Guaranteed
Insured
6.60%
SUBTOTAL
6.60%
Asset-Backed
Housing - Multi-Family
2.76%
SUBTOTAL
2.76%
Prerefunded/ETM
1.82%
Total
100.00%
State Breakdown
Portfolio %
California
93.34%
Puerto Rico
4.40%
Guam
1.04%
Nevada
1.03%
Ohio
0.19%
Total Investments
100.00%
Credit Quality Breakdown
Portfolio %
AAA
15.05%
AA
51.61%
A
20.98%
BBB
5.93%
BB
1.45%
Not Rated
3.16%
Pre-refunded Bonds
1.82%
Total Investments
100.00%
Bonds By Maturity
Portfolio %
Less than 1 year
1.31%
1 to 5 years
1.79%
5 to 10 years
7.11%
10 to 20 years
77.90%
20 to 30 years
8.86%
More than 30 years
3.03%
Other
0.00%
Total Investments
100.00%
Portfolio Statistics:
AMT Percentage:
13.54%
Average Coupon:
5.46%
Percentage of Leverage:
Bank Borrowing:
0.00%
Investment Operations:
1.23%
Preferred Stock:
36.25%
Tender Option Bonds:
4.22%
Term Asset-Backed Loans Facility (TALF):
0.00%
Total Fund Leverage:
41.70%*
Average Effective Maturity:
6.76 Years
Effective Duration:
5.60 Years
Total Net Assets:
$200.16 Million**
Common Stock Net Asset Value:
$14.92
Number of Holdings:
78
Portfolio Turnover:
46%
* The total percentage of leverage constitutes 4.22% through the use of tender option bonds, 36.25% in issued and outstanding preferred stock and 1.23% 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 72,550,000 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.
