ALLIANCE NEW YORK MUNICIPAL INCOME FUND, NEW YORK, Feb. 23, 2015 /PRNewswire/ -- Alliance New York Municipal Income Fund, Inc. (NYSE: AYN) (the "Fund") today released its monthly portfolio update as of January 31, 2015.
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 4.85%
2) Utility Debt Securitization Authority Series 2013T 5.00%, 12/15/30 4.25%
3) Erie County Fiscal Stability Authority (Erie County Fiscal Stability Authority Sales Tax)Series 2011C 5.00%, 12/01/25 4.11%
4) New York State Thruway Authority (New York State Thruway Authority Ded Tax) Series 2011A 5.00%, 4/01/31 3.98%
5) New York State Dormitory Authority (New York State Dormitory Authority Lease) Series 2013A 5.25%, 7/01/30 3.10%
6) New York State Dormitory Authority (State of New York Pers Income Tax) Series 2012A 5.00%, 6/15/31 3.06%
7) New York State Thruway Authority (New York State Thruway Authority Gen Toll Road) Series 2014J 5.00%, 1/01/41 2.94%
8) New York St Dormitory Auth (New York St Pers Income Tax) 5.00%, 3/15/26 2.86%
9) Idaho Housing & Finance Association (State of Idaho Fed Hwy Grant) Series 2014 5.00%, 7/15/31 2.84%
10) New York State Dormitory Authority (State University of New York) Series 2011A 5.00%, 7/01/31 2.76%
Sector/Industry Breakdown Portfolio %
Revenue
Toll Roads/Transit 10.94%
Health Care - Not-for-Profit 10.23%
Water & Sewer 10.16%
Higher Education - Private 8.39%
Electric Utility 7.67%
Airport 7.39%
Revenue - Miscellaneous 5.19%
Higher Education - Public 4.00%
Senior Living 3.61%
Industrial Development - Utility 0.22%
SUBTOTAL 67.80%
Tax Supported
Special Tax 19.55%
Tax-Supported State Lease 5.15%
Local G.O. 2.06%
Assessment District 0.42%
State G.O. 0.17%
SUBTOTAL 27.35%
Asset-Backed
Housing - Multi-Family 3.81%
SUBTOTAL 3.81%
Prerefunded/ETM 0.72%
Cash Equivalents
Investment Companies 0.32%
SUBTOTAL 0.32%
Total 100.00%
State Breakdown Portfolio %
New York 92.56%
Idaho 2.84%
Texas 2.06%
Florida 0.99%
Illinois 0.42%
Colorado 0.42%
Ohio 0.22%
California 0.17%
Other 0.32%
Total Investments 100.00%
Credit Quality Breakdown Portfolio %
AAA 15.59%
AA 55.35%
A 19.14%
BBB 6.22%
BB 1.07%
Not Rated 1.31%
Pre-refunded Bonds 1.00%
Short Term Investments 0.32%
Total Investments 100.00%
Bonds By Maturity Portfolio %
Less than 1 year 0.32%
1 to 5 years 2.60%
5 to 10 years 6.00%
10 to 20 years 76.78%
20 to 30 years 14.30%
More than 30 years 0.00%
Other 0.00%
Total Investments 100.00%
Portfolio Statistics:
AMT Percentage: 9.72%
Average Coupon: 5.22%
Percentage of Leverage:
Bank Borrowing: 0.00%
Investment Operations: 0.00%
Preferred Stock: 36.04%
Tender Option Bonds: 3.71%
Term Asset-Backed Loans Facility (TALF): 0.00%
Total Fund Leverage: 39.75%*
Average Effective Maturity: 7.03 Years
Effective Duration: 6.04 Years
Total Net Assets: $114.34 Million**
Common Stock Net Asset Value: $15.21
Number of Holdings: 74
Portfolio Turnover: 42%
* The total percentage of leverage constitutes 3.71% through the use
of tender option bonds, 36.04% 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.
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SOURCE Alliance New York Municipal Income Fund, Inc.
