NEW YORK, Sept. 28, 2015 /PRNewswire/ -- Alliance New York Municipal Income Fund, Inc. (NYSE: AYN) (the "Fund") today released its monthly portfolio update as of August 31, 2015.
Alliance New York Municipal Income Fund, Inc. Top 10 Fixed-Income Holdings Portfolio % 1) City of New York NY 5.00%, 8/01/16 10.52% 2) New York State Thruway Authority (State of New York Pers Income Tax) 5.00%, 3/15/16 7.69% 3) New York State Environmental Facilities Corp (New York City Municipal Water Finance Authority) 5.00%, 6/15/16 5.52% 4) New York State Dormitory Authority (Multiple School Districts -NY) AGM 5.00%, 10/01/16 4.54% 5) New York State Dormitory Authority (City University of New York State Lease) Series 2008B 5.00%, 7/01/16 4.44% 6) Triborough Bridge & Tunnel Authority 5.375%, 1/01/19 (Prerefunded/ETM) 4.40% 7) New York State Dormitory Authority (Minisink Valley and Burnt Hills- Ballston Lake Central School District) 5.00%, 10/01/16 3.58% 8) Triborough Bridge & Tunnel Authority 4.75%, 1/01/19 (Prerefunded/ETM) 2.99% 9) New York State Thruway Authority AMBAC 5.00%, 4/01/22 (Prerefunded/ETM) 2.96% 10) New York State Dormitory Authority (State of New York Pers Income Tax) 5.00%, 2/15/16 2.58% Sector/Industry Breakdown Portfolio % U.S. Treasury 45.79% Tax Supported Local G.O. 18.64% Special Tax 10.27% Tax-Supported State Lease 4.44% SUBTOTAL 33.35% Prerefunded/ETM 13.90% Revenue Water & Sewer 5.52% SUBTOTAL 5.52% Note/VRDBs Money Market 1.44% SUBTOTAL 1.44% Total 100.00% State Breakdown Portfolio % New York 54.22% Other 45.78% Total Investments 100.00% Credit Quality Breakdown Portfolio % AAA 15.79% AA 23.09% Pre-refunded Bonds 13.90% Short Term Investments 47.22% Total Investments 100.00% Bonds By Maturity Portfolio % Less than 1 year 77.98% 1 to 5 years 16.48% 5 to 10 years 4.29% 10 to 20 years 1.25% 20 to 30 years 0.00% More than 30 years 0.00% Other 0.00% Total Investments 100.00% Portfolio Statistics: AMT Percentage: 10.67% Average Coupon: 2.67% Percentage of Leverage: Bank Borrowing: 0.00% Investment Operations: 0.00% Preferred Stock: 0.00% Tender Option Bonds: 0.00% Term Asset-Backed Loans Facility (TALF): 0.00% Total Fund Leverage: 0.00%* Average Effective Maturity: 0.45 Years Effective Duration: 0.47 Years Total Net Assets: $69.58 Million** Common Stock Net Asset Value: $14.39 Number of Holdings: 18 Portfolio Turnover: 42%
* The total percentage of leverage constitutes 0.00% through the use of tender option bonds, 0.00% 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.