ALLIANCE NEW YORK MUNICIPAL INCOME FUND, NEW YORK, Jan. 26, 2015 /PRNewswire/ -- Alliance New York Municipal Income Fund, Inc. [NYSE: AYN] (the "Fund") today released its monthly portfolio update as of December 31, 2014.
Alliance New York Municipal Income Fund, Inc.
Top 10 Fixed-Income Holdings Portfolio %
1) Port Authority of New York & New Jersey Series 2012 5.00%, 10/01/34 4.78%
2) Utility Debt Securitization Authority Series 2013T 5.00%, 12/15/30 4.21%
3) Erie County Fiscal Stability Authority (Erie County Fiscal Stability Authority Sales Tax) Series 2011C 5.00%, 12/01/25 4.06%
4) New York State Thruway Authority (New York State Thruway Authority Ded Tax) Series 2011A 5.00%, 4/01/31 3.96%
5) New York State Dormitory Authority (New York State Dormitory Authority Lease) Series 2013A 5.25%, 7/01/30 3.07%
6) New York State Dormitory Authority (State of New York Pers Income Tax) Series 2012A 5.00%, 6/15/31 3.02%
7) New York State Thruway Authority (New York State Thruway Authority Gen Toll Road) Series 2014J 5.00%, 1/01/41 2.89%
8) New York St Dormitory Auth (New York St Pers Income Tax) 5.00%, 3/15/26 2.85%
9) Idaho Housing & Finance Association (State of Idaho Fed Hwy Grant) Series 2014 5.00%, 7/15/31 2.82%
10) New York State Dormitory Authority (State University of New York) Series 2011A 5.00%, 7/01/31 2.72%
Sector/Industry Breakdown Portfolio %
Revenue
Toll Roads/Transit 10.82%
Health Care - Not-for-Profit 10.09%
Water & Sewer 10.08%
Higher Education - Private 8.33%
Electric Utility 7.59%
Airport 7.28%
Revenue - Miscellaneous 5.13%
Higher Education - Public 3.94%
Senior Living 3.60%
Industrial Development - Utility 0.22%
SUBTOTAL 67.08%
Tax Supported
Special Tax 19.36%
Tax-Supported State Lease 5.09%
Local G.O. 2.03%
Assessment District 0.41%
State G.O. 0.17%
SUBTOTAL 27.06%
Asset-Backed
Housing - Multi-Family 3.81%
SUBTOTAL 3.81%
Cash Equivalents
Investment Companies 1.33%
SUBTOTAL 1.33%
Prerefunded/ETM 0.72%
Total 100.00%
State Breakdown Portfolio %
New York 91.62%
Idaho 2.82%
Texas 2.04%
Florida 0.97%
Illinois 0.42%
Colorado 0.41%
Ohio 0.22%
California 0.17%
Other 1.33%
Total Investments 100.00%
Credit Quality Breakdown Portfolio %
AAA 15.46%
AA 54.84%
A 19.12%
BBB 6.16%
BB 1.07%
Not Rated 1.30%
Pre-refunded Bonds 0.72%
Short Term Investments 1.33%
Total Investments 100.00%
Bonds By Maturity Portfolio %
Less than 1 year 1.33%
1 to 5 years 2.33%
5 to 10 years 6.22%
10 to 20 years 75.99%
20 to 30 years 14.13%
More than 30 years 0.00%
Other 0.00%
Total Investments 100.00%
Portfolio Statistics:
AMT Percentage: 9.14%
Average Coupon: 5.26%
Percentage of Leverage:
Bank Borrowing: 0.00%
Investment Operations: 1.50%
Preferred Stock: 36.30%
Tender Option Bonds: 3.74%
Term Asset-Backed Loans Facility (TALF): 0.00%
Total Fund Leverage: 41.54%*
Average Maturity: 7.14 Years
Effective Duration: 6.12 Years
Total Net Assets: $112.20 Million**
Common Stock Net Asset Value: $14.76
Number of Holdings: 74
Portfolio Turnover: 42%
* The total percentage of leverage constitutes 3.74% through the use
of tender option bonds, 36.30% in issued and outstanding preferred
stock and 1.50% 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.
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SOURCE Alliance New York Municipal Income Fund, Inc.
