ALLIANCEBERNSTEIN INCOME FUND INC. NEW YORK, Aug. 21, 2015 /PRNewswire/ -- AB Income Fund, Inc. (NYSE: ACG) (the "Fund") today released its monthly portfolio update as of July 31, 2015.
AB Income Fund, Inc.
Top 10 Fixed Income Holdings Portfolio %
1) U.S. Treasury Bonds 6.375%, 8/15/27 20.65%
2) U.S. Treasury Bonds 6.25%, 5/15/30 20.45%
3) U.S. Treasury Notes 3.625%, 2/15/21 18.04%
4) U.S. Treasury Bonds 6.50%, 11/15/26 14.48%
5) U.S. Treasury Notes 2.125%, 8/31/20 -
8/15/21 9.73%
6) U.S. Treasury Notes 3.125%, 5/15/21 5.67%
7) U.S. Treasury Bonds 3.125%, 8/15/44 4.40%
8) U.S. Treasury Bonds 8.75%, 8/15/20 2.96%
9) Residual Funding Corp. Principal Strip
Zero Coupon, 7/15/20 2.13%
10) U.S. Treasury Bonds 8.00%, 11/15/21 2.05%
Investment Type Portfolio %
Global Governments 106.40%
Corporates - Non-Investment Grade
Industrial
Energy 2.20%
Consumer Non-Cyclical 1.97%
Communications - Media 1.78%
Basic 0.85%
Communications - Telecommunications 0.78%
Capital Goods 0.64%
Consumer Cyclical - Retailers 0.56%
Consumer Cyclical - Other 0.46%
Technology 0.39%
Consumer Cyclical - Automotive 0.36%
Transportation - Services 0.36%
Services 0.21%
Other Industrial 0.19%
Consumer Cyclical - Entertainment 0.09%
SUBTOTAL 10.84%
Credit Default Swaps 2.10%
SUBTOTAL 2.10%
Financial Institutions
Banking 1.09%
Other Finance 0.12%
Finance 0.09%
REITS 0.06%
SUBTOTAL 1.36%
Utility
Electric 0.79%
SUBTOTAL 0.79%
SUBTOTAL 15.09%
Collateralized Mortgage Obligations
GSE Risk Share Floating Rate 3.20%
Non-Agency Fixed Rate 1.83%
Non-Agency Floating Rate 0.64%
Agency Fixed Rate 0.18%
SUBTOTAL 5.85%
Corporates - Investment Grade
Industrial
Basic 0.75%
Communications - Telecommunications 0.73%
Energy 0.44%
Capital Goods 0.34%
Consumer Non-Cyclical 0.32%
Consumer Cyclical - Retailers 0.14%
Transportation - Airlines 0.09%
SUBTOTAL 2.81%
Financial Institutions
Insurance 1.44%
Banking 0.52%
SUBTOTAL 1.96%
Utility
Electric 0.20%
SUBTOTAL 0.20%
Credit Default Swaps 0.08%
SUBTOTAL 0.08%
SUBTOTAL 5.05%
Agencies
Agency Debentures 3.94%
SUBTOTAL 3.94%
Commercial Mortgage-Backed Securities
Non-Agency Fixed Rate CMBS 3.13%
Non-Agency Floating Rate CMBS 0.23%
Credit Default Swaps 0.22%
SUBTOTAL 3.58%
Emerging Markets - Corporate Bonds
Industrial
Consumer Non-Cyclical 0.49%
Capital Goods 0.39%
Basic 0.30%
Communications - Telecommunications 0.22%
Transportation - Airlines 0.16%
Consumer Cyclical - Retailers 0.14%
SUBTOTAL 1.70%
SUBTOTAL 1.70%
Whole Loan Trusts
Performing Asset 1.33%
SUBTOTAL 1.33%
Common Stocks 1.19%
Quasi-Sovereigns
Quasi-Sovereign Bonds 1.18%
SUBTOTAL 1.18%
Emerging Markets - Sovereigns 0.93%
Local Governments - Municipal Bonds 0.87%
Bank Loans
Industrial
Consumer Non-Cyclical 0.14%
Basic 0.12%
Energy 0.10%
Communications - Media 0.08%
Consumer Cyclical - Other 0.06%
Other Industrial 0.05%
Technology 0.01%
SUBTOTAL 0.56%
SUBTOTAL 0.56%
Preferred Stocks
Financial Institutions 0.36%
Industrial 0.20%
SUBTOTAL 0.56%
Currency Instruments
Forward Currency Exchange Contracts 0.43%
SUBTOTAL 0.43%
Governments - Sovereign Agencies 0.33%
Investment Companies
Funds and Investment Trusts 0.15%
SUBTOTAL 0.15%
Asset-Backed Securities
Autos - Fixed Rate 0.12%
SUBTOTAL 0.12%
Interest Rate Swaps - SIFMA -38.59%
Interest Rate Futures -45.31%
Reverse Repurchase Agreements -50.95%
Net Cash Equivalents
Cash 2.86%
Investment Companies 1.33%
Governments - Treasuries 0.22%
Foreign Currency -0.02%
SUBTOTAL 4.39%
Derivative Offsets
Futures Offsets 44.51%
Swaps Offsets 36.69%
SUBTOTAL 81.20%
100.00%
Country Breakdown Portfolio %
United States 90.47%
Brazil 2.51%
Mexico 1.13%
Canada 0.99%
Bermuda 0.74%
Luxembourg 0.42%
Indonesia 0.31%
France 0.30%
Switzerland 0.30%
India 0.27%
United Kingdom 0.27%
Germany 0.26%
Spain 0.23%
El Salvador 0.22%
Barbados 0.15%
Uruguay 0.15%
Venezuela 0.14%
Jamaica 0.14%
Dominican Republic 0.13%
Italy 0.11%
Netherlands 0.10%
Ivory Coast 0.09%
Guatemala 0.08%
South Africa 0.08%
Pakistan 0.07%
Belgium 0.07%
Zambia 0.06%
Morocco 0.05%
Sri Lanka 0.05%
Peru 0.04%
Australia 0.03%
Sweden 0.02%
Norway 0.02%
Total Investments 100.00%
Net Currency Exposure Breakdown Portfolio %
United States Dollar 103.82%
Japanese Yen 1.99%
Indonesian Rupiah 0.98%
Uruguayan Peso 0.22%
New Zealand Dollar 0.01%
Canadian Dollar 0.01%
Mexican Peso 0.01%
Brazilian Real -0.01%
Norwegian Krone -0.02%
Great British Pound -0.03%
Taiwan New Dollar -0.49%
Malaysian Ringgit -0.99%
Australian Dollar -1.50%
South Korean Won -1.97%
Euro -2.03%
Total Net Assets 100.00%
Credit Rating Portfolio %
AAA 58.96%
A 1.41%
BBB 10.96%
BB 6.93%
B 7.51%
CCC 3.12%
CC 0.29%
D 0.39%
Not Rated 4.93%
Short Term Investments 1.54%
N/A 3.96%
100.00%
Bonds By Maturity Portfolio %
Less than 1 year -44.45%
1 to 5 years 17.87%
5 to 10 years 56.28%
10 to 20 years 60.49%
20 to 30 years 7.36%
More than 30 years 1.26%
Other 1.19%
Total Net Assets 100.00%
Portfolio Statistics:
Average Coupon: 7.51%
Average Bond Price : 119.78
Percentage of Leverage:
Bank Borrowing: 0.00%
Investment Operations: 37.19%*
Preferred Stock: 0.00%
Tender Option Bonds: 0.00%
Term Asset-Backed Loans Facility (TALF): 0.00%
Total Fund Leverage: 37.19%
Average Maturity: 14.66 Years
Effective Duration: 4.76 Years
Total Net Assets: $1,800.88 Million
Net Asset Value: $8.34
Number of Holdings: 446
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.
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SOURCE AB Income Fund, Inc.
