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Monday, May 13 2013 12:24 PM EDT2013-05-13 16:24:04 GMT
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Friday, May 17 2013 11:23 PM EDT2013-05-18 03:23:44 GMT
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Friday, May 17 2013 3:57 PM EDT2013-05-17 19:57:28 GMT
On Friday, more than a two dozen Jones County citizens gathered in the Jones County Circuit Court for the annual Peace Officer's Memorial Day Ceremony. Supreme Court Justice Mike Randolph was today'sMore >>
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SOURCE AllianceBernstein National Municipal Income Fund, Inc.
NEW YORK, April 23, 2013 /PRNewswire/ -- AllianceBernstein National Municipal Income Fund, Inc.[NYSE: AFB] (the "Fund") today released its monthly portfolio update as of March 31, 2013.
AllianceBernstein National Municipal Income Fund, Inc.
Top 10 Fixed-Income Holdings
Portfolio %
1) Texas Trnsp Comm 5.00%, 4/01/23
3.35%
2) Metropolitan Trnsp Auth NY (Metro Trnsp Auth
2.81%
Ny Ded Tax) Series 2012A 5.00%, 11/15/28
3) Wayne State Univ MI Series 2009 5.00%,
2.56%
11/15/29
4) Washington Fed Hwy Grant Series 2012F
2.54%
5.00%, 9/01/24
5) Metro Atlanta Rapid Tran Auth GA 5.00%,
2.17%
7/01/27
6) Harris City TX Toll Road (Harris Cnty Tx Toll
2.00%
Road) Series 2012 5.00%, 8/15/30
7) Univ of Illinois AGM 5.25%, 10/01/26
1.73%
8) Triborough Brdg & Tunl Auth NY 5.00%,
1.67%
1/01/26
9) San Francisco City/Cnty CA Pub Util Wtr
1.34%
5.00%, 11/01/27
10) Texas GO Series 02A 5.50%, 8/01/41
1.33%
Sector/Industry Breakdown
Portfolio %
Revenue
Water & Sewer
10.00%
Revenue - Miscellaneous
8.16%
Toll Roads/Transit
7.32%
Higher Education - Public
3.89%
Airport
3.43%
Health Care - Not-for-Profit
3.35%
Electric Utility
3.33%
Industrial Development - Utility
1.73%
Higher Education - Private
1.58%
Primary/Secondary Ed. - Private
0.84%
Senior Living
0.82%
Prepay Energy
0.68%
Primary/Secondary Ed. - Public
0.42%
SUBTOTAL
45.55%
Tax Supported
Special Tax
17.31%
Local G.O.
11.39%
State G.O.
6.11%
Tax-Supported Local Lease
3.40%
Assessment District
2.57%
State Lease
1.73%
Tax-Supported State Lease
1.41%
SUBTOTAL
43.92%
Prerefunded/ETM
4.24%
Insured/Guaranteed
Insured
2.53%
Guaranteed
1.48%
SUBTOTAL
4.01%
Asset-Backed
Housing - Multi-Family
1.65%
Housing - Single Family
0.63%
SUBTOTAL
2.28%
Total
100.00%
State Breakdown
Portfolio %
Texas
19.14%
New York
14.88%
California
13.80%
Florida
6.80%
Washington
4.85%
Michigan
4.58%
Louisiana
4.22%
Illinois
4.12%
South Carolina
3.55%
Colorado
2.66%
Georgia
2.17%
Ohio
1.74%
New Jersey
1.70%
Oregon
1.55%
Pennsylvania
1.43%
Hawaii
1.42%
Alaska
1.40%
Puerto Rico
1.27%
Alabama
1.17%
Nevada
1.07%
Wisconsin
0.96%
Arizona
0.87%
Rhode Island
0.84%
North Carolina
0.61%
Mississippi
0.56%
Virginia
0.50%
Tennessee
0.37%
Maine
0.34%
Indiana
0.32%
Missouri
0.32%
Massachusetts
0.30%
Kansas
0.20%
Minnesota
0.17%
New Hampshire
0.12%
Total Investments
100.00%
Credit Quality Breakdown
Portfolio %
AAA
19.46%
AA
51.28%
A
13.06%
BBB
8.30%
BB
0.29%
B
0.43%
Not Rated
2.94%
Pre-refunded Bonds
4.24%
Total Investments
100.00%
Bonds By Maturity
Portfolio %
Less than 1 year
2.30%
1 to 5 years
2.74%
5 to 10 years
9.31%
10 to 20 years
78.21%
20 to 30 years
7.44%
More than 30 years
0.00%
Other
0.00%
Total Investments
100.00%
Portfolio Statistics:
AMT Percentage:
8.20%
Average Coupon:
5.62%
Percentage of Leverage:
Bank Borrowing:
0.00%
Investment Operations:
0.99%
Preferred Stock:
36.14%
Tender Option Bonds:
6.38%
Term Asset-Backed Loans Facility (TALF):
0.00%
Total Fund Leverage:
43.51%*
Average Effective Maturity:
5.90 Years
Effective Duration:
5.26 Years
Total Net Assets:
$670.20 Million**
Common Stock Net Asset Value:
$14.89
Number of Holdings:
192
Portfolio Turnover:
28%
* The total percentage of leverage constitutes 6.38% through the use of tender option bonds, 36.14% in issued and outstanding preferred stock and 0.99% 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 242,225,000 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.
