ALLIANCEBERNSTEIN INCOME FUND INC.
NEW YORK, Feb. 22, 2016 /PRNewswire/ -- AB Income Fund, Inc. (NYSE: ACG) (the "Fund") today released its monthly portfolio update as of January 31, 2016.
AB Income Fund, Inc.
Top 10 Fixed Income Holdings Portfolio %
1) U.S. Treasury Notes 3.625%, 2/15/21 19.19%
2) U.S. Treasury Bonds 6.25%, 5/15/30 19.09%
3) U.S. Treasury Bonds 6.375%, 8/15/27 18.93%
4) U.S. Treasury Bonds 6.50%, 11/15/26 15.43%
5) U.S. Treasury Notes 2.125%, 8/31/20
-9/30/21 11.22%
6) U.S. Treasury Notes 3.125%, 5/15/21 6.06%
7) U.S. Treasury Bonds 3.125%, 8/15/44 4.82%
8) U.S. Treasury Bonds 8.75%, 8/15/20 3.08%
9) Residual Funding Corp. Principal
Strip Zero Coupon, 7/15/20 2.30%
10) U.S. Treasury Bonds 8.00%, 11/15/21 2.16%
Investment Type Portfolio %
Global Governments 107.74%
Corporates - Non-Investment Grade
Industrial
Consumer Non-Cyclical 2.20%
Energy 2.17%
Communications - Media 1.83%
Communications - Telecommunications 0.90%
Basic 0.67%
Capital Goods 0.64%
Consumer Cyclical - Other 0.64%
Consumer Cyclical - Retailers 0.62%
Technology 0.42%
Consumer Cyclical - Automotive 0.37%
Transportation - Services 0.25%
Services 0.20%
Other Industrial 0.19%
Consumer Cyclical - Entertainment 0.15%
SUBTOTAL 11.25%
Credit Default Swaps 2.05%
SUBTOTAL 2.05%
Financial Institutions
Banking 1.44%
Other Finance 0.14%
Finance 0.07%
REITS 0.06%
SUBTOTAL 1.71%
Utility
Electric 0.69%
SUBTOTAL 0.69%
SUBTOTAL 15.70%
Collateralized Mortgage Obligations
GSE Risk Share Floating Rate 3.93%
Non-Agency Fixed Rate 1.65%
Agency Fixed Rate 0.19%
Non-Agency Floating Rate 0.04%
SUBTOTAL 5.81%
Corporates - Investment Grade
Industrial
Communications - Telecommunications 0.75%
Energy 0.57%
Consumer Non-Cyclical 0.34%
Capital Goods 0.30%
Basic 0.19%
Technology 0.19%
Consumer Cyclical - Retailers 0.14%
Transportation - Airlines 0.09%
SUBTOTAL 2.57%
Financial Institutions
Insurance 1.48%
Banking 0.48%
SUBTOTAL 1.96%
Utility
Electric 0.21%
SUBTOTAL 0.21%
Credit Default Swaps 0.08%
SUBTOTAL 0.08%
SUBTOTAL 4.82%
Commercial Mortgage-Backed Securities
Non-Agency Fixed Rate CMBS 3.36%
Credit Default Swaps 1.20%
Non-Agency Floating Rate CMBS 0.24%
SUBTOTAL 4.80%
Agencies
Agency Debentures 4.26%
SUBTOTAL 4.26%
Whole Loan Trusts
Performing Asset 1.54%
SUBTOTAL 1.54%
Emerging Markets - Corporate Bonds
Industrial
Consumer Non-Cyclical 0.40%
Capital Goods 0.30%
Communications - Telecommunications 0.19%
Basic 0.18%
Consumer Cyclical - Retailers 0.14%
Transportation - Airlines 0.13%
SUBTOTAL 1.34%
SUBTOTAL 1.34%
Emerging Markets - Sovereigns
Emerging Markets - Sovereigns 0.87%
Credit Default Swaps 0.44%
SUBTOTAL 1.31%
Common Stocks 1.30%
Quasi-Sovereigns
Quasi-Sovereign Bonds 0.90%
SUBTOTAL 0.90%
Preferred Stocks
Financial Institutions 0.53%
Industrial 0.22%
SUBTOTAL 0.75%
Local Governments - Municipal Bonds 0.40%
Governments - Sovereign Agencies 0.29%
Asset-Backed Securities
Autos - Fixed Rate 0.13%
Other ABS - Fixed Rate 0.10%
SUBTOTAL 0.23%
Bank Loans
Industrial
Basic 0.09%
Other Industrial 0.05%
Technology 0.01%
SUBTOTAL 0.15%
SUBTOTAL 0.15%
Currency Instruments
Forward Currency Exchange Contracts 0.14%
SUBTOTAL 0.14%
Investment Companies
Funds and Investment Trusts 0.06%
SUBTOTAL 0.06%
Interest Rate Swaps -31.23%
Interest Rate Futures -47.37%
Reverse Repurchase Agreements -54.68%
Net Cash Equivalents
Investment Companies 4.74%
Cash 2.30%
SUBTOTAL 7.04%
Derivative Offsets
Futures Offsets 45.84%
Swaps Offsets 28.86%
SUBTOTAL 74.70%
Total 100.00%
Country Breakdown Portfolio %
United States 93.17%
Brazil 1.00%
Canada 0.88%
Bermuda 0.79%
Mexico 0.76%
France 0.38%
Indonesia 0.29%
Luxembourg 0.29%
United Kingdom 0.28%
Germany 0.26%
Switzerland 0.24%
Spain 0.23%
India 0.20%
Italy 0.16%
Barbados 0.15%
El Salvador 0.14%
Kenya 0.10%
Dominican Republic 0.09%
Ivory Coast 0.08%
Angola 0.08%
Jamaica 0.06%
Guatemala 0.06%
Netherlands 0.06%
Ghana 0.05%
Morocco 0.04%
South Africa 0.04%
Zambia 0.04%
Norway 0.02%
Australia 0.02%
Sweden 0.02%
Peru 0.01%
Belgium 0.01%
Total 100.00%
Net Currency Exposure Breakdown Portfolio %
United States Dollar 105.00%
New Zealand Dollar 0.05%
Brazilian Real 0.04%
Argentine Peso 0.03%
Mexican Peso 0.02%
Australian Dollar -0.03%
Norwegian Krone -0.03%
Great British Pound -0.06%
Canadian Dollar -0.50%
Singapore Dollar -1.54%
Taiwan New Dollar -2.98%
Total Net Assets 100.00%
Credit Rating Portfolio %
AAA 58.38%
AA 0.07%
A 1.59%
BBB 8.78%
BB 8.05%
B 6.27%
CCC 1.93%
CC 0.26%
C 0.05%
D 0.36%
Not Rated 5.64%
Short Term Investments 4.74%
N/A 3.88%
Total 100.00%
Bonds By Maturity Portfolio %
Less than 1 year -46.51%
1 to 5 years 28.30%
5 to 10 years 49.74%
10 to 20 years 58.60%
20 to 30 years 8.01%
More than 30 years 0.56%
Other 1.30%
Total Net Assets 100.00%
Portfolio Statistics:
Average Coupon: 7.39%
Average Bond Price : 118.63
Percentage of Leverage (based on Gross Assets):
Bank Borrowing: 0.00%
Investment Operations: 40.63%*
Preferred Stock: 0.00%
Tender Option Bonds: 0.00%
VMTP Shares: 0.00%
Total Fund Leverage: 40.63%
Average Maturity: 13.93 Years
Effective Duration: 5.21 Years
Total Net Assets: $1,704.08 Million
Net Asset Value: $7.90
Number of Holdings: 452
Portfolio Turnover: 32%
* Investment Operations 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.
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.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/ab-income-fund-releases-monthly-portfolio-update-300224058.html
SOURCE AB Income Fund, Inc.
