ALLIANCE NEW YORK MUNICIPAL INCOME FUND, NEW YORK, Aug. 21, 2015 /PRNewswire/ -- Alliance New York Municipal Income Fund, Inc. [NYSE: AYN] (the "Fund") today released its monthly portfolio update as of July 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 4.82%
2) Utility Debt Securitization Authority Series 2013T 5.00%, 12/15/30 4.19%
3) Erie County Fiscal Stability Authority (Erie County Fiscal Stability Authority
Sales Tax) Series 2011C 5.00%, 12/01/25 4.15%
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 (State University of New York Dormitory Fees)
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 3.03%
7) New York State Thruway Authority (New York State Thruway Authority Gen Toll Road)
Series 2014J 5.00%, 1/01/41 2.91%
8) New York State Dormitory Authority (New York St Pers Income Tax) 5.00%, 3/15/26 2.90%
9) Idaho Housing & Finance Association (State of Idaho Fed Hwy Grant) Series 2014
5.00%, 7/15/31 2.81%
10) New York City Municipal Water Finance Authority Series 2011HH 5.00%, 6/15/26 2.62%
Sector/Industry Breakdown Portfolio %
Revenue
Toll Roads/Transit 10.86%
Water & Sewer 10.14%
Higher Education - Private 9.59%
Health Care - Not-for-Profit 9.39%
Revenue - Miscellaneous 8.24%
Electric Utility 7.59%
Airport 7.30%
Senior Living 3.59%
Higher Education - Public 1.22%
Industrial Development - Utility 0.15%
SUBTOTAL 68.07%
Tax Supported
Special Tax 19.15%
Tax-Supported State Lease 3.02%
Local G.O. 2.03%
State G.O. 0.18%
SUBTOTAL 24.38%
Asset-Backed
Housing - Multi-Family 3.86%
SUBTOTAL 3.86%
Prerefunded/ETM 2.74%
Cash Equivalents
Investment Companies 0.95%
SUBTOTAL 0.95%
Total 100.00%
State Breakdown Portfolio %
New York 91.49%
Idaho 2.81%
Texas 2.03%
Kansas 0.98%
Florida 0.96%
Colorado 0.45%
California 0.18%
Ohio 0.15%
Other 0.95%
Total Investments 100.00%
Credit Quality Breakdown Portfolio %
AAA 15.57%
AA 51.71%
A 17.82%
BBB 9.71%
BB 1.09%
Not Rated 0.41%
Pre-refunded Bonds 2.74%
Short Term Investments 0.95%
Total Investments 100.00%
Bonds By Maturity Portfolio %
Less than 1 year 1.99%
1 to 5 years 3.31%
5 to 10 years 5.09%
10 to 20 years 73.45%
20 to 30 years 14.21%
More than 30 years 1.95%
Other 0.00%
Total Investments 100.00%
Portfolio Statistics:
AMT Percentage: 10.50%
Average Coupon: 5.17%
Percentage of Leverage:
Bank Borrowing: 0.00%
Investment Operations: 0.45%
Preferred Stock: 37.23%
Tender Option Bonds: 3.86%
Term Asset-Backed Loans Facility (TALF): 0.00%
Total Fund Leverage: 41.54%*
Average Effective Maturity: 6.60 Years
Effective Duration: 5.68 Years
Total Net Assets: $110.65 Million**
Common Stock Net Asset Value: $14.44
Number of Holdings: 74
Portfolio Turnover: 42%
* The total percentage of
leverage constitutes 3.86%
through the use of tender
option bonds, 37.23% in issued
and outstanding preferred stock
and 0.45% 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.
