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Tuesday, May 21 2013 3:05 PM EDT2013-05-21 19:05:09 GMT
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Monday, May 20 2013 9:21 AM EDT2013-05-20 13:21:47 GMT
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Tuesday, May 21 2013 7:10 PM EDT2013-05-21 23:10:01 GMT
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Tuesday, May 21 2013 12:58 PM EDT2013-05-21 16:58:34 GMT
The Mississippi Department of Education gave 2,100 high school seniors a sixth chance to retake the required state test for graduation, and tensions are still running high. While some students took theMore >>
The Mississippi Department of Education this month gave 2,100 high school seniors a sixth chance to retake the required state test for graduation, and tensions are still running high.More >>
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SOURCE Alliance New York Municipal Income Fund, Inc.
NEW YORK, April 23, 2013 /PRNewswire/ -- Alliance New York Municipal Income Fund, Inc. (NYSE: AYN) (the "Fund") today released its monthly portfolio update as of March 31, 2013.
Alliance New York Municipal Income Fund, Inc.
Top 10 Fixed-Income Holdings
Portfolio %
1) Port Authority of NY & NJ 5.00%, 10/01/27
4.97%
2) New York St Dormitory Auth NPFGC Series 04
4.65%
5.75%, 8/01/14 (Prerefunded/ETM)
3) Erie Cnty NY Fiscal Stability Auth (Erie Cnty
4.12%
Ny Sales Tax) Series 2011C 5.00%, 12/01/25
4) New York St Thruway Auth (New York St Thruway
4.08%
Auth Ded Tax) Series 2011A 5.00%, 4/01/25
5) Puerto Rico Sales Tax Fin Corp. Series 2009A
3.72%
5.50%, 8/01/28
6) Tobacco Settlement Fin Corp. NY (New York St
3.50%
Lease Tobacco Asset Sec) AMBAC Series 03A-1
5.25%, 6/01/21
7) New York St Envrn Fac Corp. 5.00%,
3.20%
8/15/24
8) New York NY Trnsl Fin Auth 5.00%, 5/01/27
3.07%
9) New York St Thruway Auth (New York St Pers
3.04%
Income Tax) Series 2011A 5.00%, 3/15/26
10) New York NY Trnsl Fin Auth Series 2002B
3.03%
5.00%, 2/01/27
Sector/Industry Breakdown
Portfolio %
Tax Supported
Special Tax
32.85%
Local G.O.
12.07%
Tax-Supported State Lease
5.53%
State G.O.
2.32%
Assessment District
0.43%
SUBTOTAL
53.20%
Revenue
Water & Sewer
8.56%
Toll Roads/Transit
8.06%
Health Care - Not-for-Profit
6.02%
Airport
4.97%
Higher Education - Private
3.64%
Electric Utility
1.98%
Senior Living
1.69%
Revenue - Miscellaneous
1.35%
Industrial Development - Industry
0.49%
Industrial Development - Utility
0.21%
SUBTOTAL
36.97%
Prerefunded/ETM
6.80%
Asset-Backed
Housing - Multi-Family
1.82%
Housing - Single Family
1.21%
SUBTOTAL
3.03%
Total
100.00%
State Breakdown
Portfolio %
New York
91.76%
Puerto Rico
6.41%
California
0.88%
Colorado
0.43%
Illinois
0.31%
Ohio
0.21%
Total Investments
100.00%
Credit Quality Breakdown
Portfolio %
AAA
26.61%
AA
46.20%
A
14.57%
BBB
4.21%
BB
0.49%
Not Rated
1.12%
Pre-refunded Bonds
6.80%
Total Investments
100.00%
Bonds By Maturity
Portfolio %
Less than 1 year
1.75%
1 to 5 years
5.00%
5 to 10 years
11.09%
10 to 20 years
75.88%
20 to 30 years
6.28%
More than 30 years
0.00%
Other
0.00%
Total Investments
100.00%
Portfolio Statistics:
AMT Percentage:
9.90%
Average Coupon:
5.39%
Percentage of Leverage:
Bank Borrowing:
0.00%
Investment Operations:
0.52%
Preferred Stock:
36.55%
Tender Option Bonds:
3.76%
Term Asset-Backed Loans Facility (TALF):
0.00%
Total Fund Leverage:
40.83%*
Average Effective Maturity:
6.60 Years
Effective Duration:
5.64 Years
Total Net Assets:
$111.64 Million**
Common Stock Net Asset Value:
$14.65
Number of Holdings:
69
Portfolio Turnover:
44%
* The total percentage of leverage constitutes 3.76% through the use of tender option bonds, 36.55% in issued and outstanding preferred stock and 0.52% 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.
