NEW YORK, Jan. 27, 2014 /PRNewswire/ -- Alliance New York Municipal Income Fund, Inc.[NYSE: AYN] (the "Fund") today released its monthly portfolio update as of December 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 4.93% 2) New York St Dormitory Auth NPFGC Series 04 5.75%, 8/01/14 (Prerefunded/ETM) 4.78% 3) Utility Debt Securitization Auth NY Series 2013T 5.00%, 12/15/30 4.15% 4) Erie Cnty NY Fiscal Stability Auth (Erie Cnty Ny Sales Tax) Series 2011C 5.00%, 12/01/25 4.12% 5) New York NY GO Series 2013D 5.00%, 8/01/31 3.94% 6) New York St Thruway Auth (New York St Thruway Auth Ded Tax) Series 2011A 5.00%, 4/01/31 3.94% 7) New York NY Trnsl Fin Auth Series 2012A-1 5.00%, 5/01/27 3.08% 8) New York St Dormitory Auth (New York St Pers Income Tax) 5.00%, 3/15/26 3.05% 9) New York NY Trnsl Fin Auth Series 2013A 5.25%, 7/01/30 3.02% 10) New York NY Trnsl Fin Auth Series 2002B 5.00%, 2/01/27 3.02% Sector/Industry Breakdown Portfolio % Tax Supported Special Tax 31.77% Local G.O. 9.40% Tax-Supported State Lease 2.01% Tax-Supported Local Lease 1.95% State G.O. 1.38% Assessment District 0.42% SUBTOTAL 46.93% Revenue Toll Roads/Transit 8.99% Water & Sewer 8.21% Health Care - Not-for-Profit 5.82% Revenue - Miscellaneous 5.44% Airport 4.93% Higher Education - Private 3.65% Senior Living 3.23% Electric Utility 1.38% Industrial Development - Industry 0.44% Industrial Development - Utility 0.20% SUBTOTAL 42.29% Prerefunded/ETM 5.49% Cash Equivalents Investment Companies 3.34% SUBTOTAL 3.34% Asset-Backed Housing - Multi-Family 1.95% SUBTOTAL 1.95% Total 100.00% State Breakdown Portfolio % New York 91.31% Puerto Rico 4.13% Colorado 0.42% Illinois 0.41% Ohio 0.20% California 0.19% Other 3.34% Total Investments 100.00% Credit Quality Breakdown Portfolio % AAA 20.87% AA 50.99% A 13.41% BBB 3.84% BB 0.81% Not Rated 1.25% Pre-refunded Bonds 5.49% Short Term Investments 3.34% Total Investments 100.00% Bonds By Maturity Portfolio % Less than 1 year 8.13% 1 to 5 years 0.67% 5 to 10 years 9.86% 10 to 20 years 72.66% 20 to 30 years 8.68% More than 30 years 0.00% Other 0.00% Total Investments 100.00% Portfolio Statistics: AMT Percentage: 7.66% Average Coupon: 5.15% Percentage of Leverage: Bank Borrowing: 0.00% Investment Operations: 0.00% Preferred Stock: 38.90% Tender Option Bonds: 4.00% Term Asset-Backed Loans Facility (TALF): 0.00% Total Fund Leverage: 42.90%* Average Effective Maturity: 7.53 Years Effective Duration: 6.24 Years Total Net Assets: $104.90 Million** Common Stock Net Asset Value: $13.25 Number of Holdings: 66 Portfolio Turnover: 35% * The total percentage of leverage constitutes 4.00% through the use of tender option bonds, 38.90% 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.