ALLIANCEBERNSTEIN INCOME FUND INC. NEW YORK, Nov. 23, 2015 /PRNewswire/ -- AB Income Fund, Inc. [NYSE: ACG] (the "Fund") today released its monthly portfolio update as of October 31, 2015.
AB Income Fund, Inc.
Top 10 Fixed Income Holdings Portfolio %
1) U.S. Treasury Bonds 6.375%, 8/15/27 20.96%
2) U.S. Treasury Bonds 6.25%, 5/15/30 20.76%
3) U.S. Treasury Notes 3.625%, 2/15/21 18.37%
4) U.S. Treasury Bonds 6.50%, 11/15/26 14.70%
5) U.S. Treasury Notes 2.125%, 8/31/20 8.72%
6) U.S. Treasury Notes 3.125%, 5/15/21 5.78%
7) U.S. Treasury Bonds 3.125%, 8/15/44 4.48%
8) U.S. Treasury Bonds 8.75%, 8/15/20 2.98%
9) Residual Funding Corp. Principal Strip Zero
Coupon, 7/15/20 2.18%
10) U.S. Treasury Bonds 8.00%, 11/15/21 2.07%
Investment Type Portfolio %
Global Governments 105.89%
Corporates - Non-Investment Grade
Industrial
Consumer Non-Cyclical 2.34%
Energy 2.28%
Communications - Media 1.77%
Basic 0.90%
Communications - Telecommunications 0.86%
Consumer Cyclical - Retailers 0.81%
Capital Goods 0.67%
Consumer Cyclical - Other 0.56%
Technology 0.43%
Consumer Cyclical - Automotive 0.35%
Transportation - Services 0.23%
Services 0.22%
Other Industrial 0.19%
Consumer Cyclical - Entertainment 0.10%
SUBTOTAL 11.71%
Credit Default Swaps 2.04%
SUBTOTAL 2.04%
Financial Institutions
Banking 1.31%
Other Finance 0.13%
Finance 0.08%
REITS 0.06%
SUBTOTAL 1.58%
Utility
Electric 0.75%
SUBTOTAL 0.75%
SUBTOTAL 16.08%
Collateralized Mortgage Obligations
GSE Risk Share Floating Rate 3.65%
Non-Agency Fixed Rate 1.68%
Non-Agency Floating Rate 0.64%
Agency Fixed Rate 0.13%
SUBTOTAL 6.10%
Corporates - Investment Grade
Industrial
Communications - Telecommunications 0.73%
Energy 0.56%
Basic 0.52%
Consumer Non-Cyclical 0.33%
Capital Goods 0.30%
Consumer Cyclical - Retailers 0.14%
Transportation - Airlines 0.08%
Transportation - Services 0.07%
SUBTOTAL 2.73%
Financial Institutions
Insurance 1.46%
Banking 0.53%
SUBTOTAL 1.99%
Utility
Electric 0.20%
SUBTOTAL 0.20%
Credit Default Swaps 0.08%
SUBTOTAL 0.08%
SUBTOTAL 5.00%
Commercial Mortgage-Backed Securities
Non-Agency Fixed Rate CMBS 3.39%
Credit Default Swaps 0.73%
Non-Agency Floating Rate CMBS 0.23%
SUBTOTAL 4.35%
Agencies
Agency Debentures 4.04%
SUBTOTAL 4.04%
Emerging Markets - Corporate Bonds
Industrial
Consumer Non-Cyclical 0.44%
Capital Goods 0.38%
Basic 0.22%
Communications - Telecommunications 0.19%
Consumer Cyclical - Retailers 0.13%
Transportation - Airlines 0.13%
SUBTOTAL 1.49%
SUBTOTAL 1.49%
Emerging Markets - Sovereigns
Emerging Markets - Sovereigns 0.98%
Credit Default Swaps 0.43%
SUBTOTAL 1.41%
Whole Loan Trusts
Performing Asset 1.40%
SUBTOTAL 1.40%
Common Stocks 1.25%
Quasi-Sovereigns
Quasi-Sovereign Bonds 1.18%
SUBTOTAL 1.18%
Local Governments - Municipal Bonds 0.93%
Preferred Stocks
Financial Institutions 0.52%
Industrial 0.21%
SUBTOTAL 0.73%
Governments - Sovereign Agencies 0.48%
Bank Loans
Industrial
Basic 0.11%
Consumer Non-Cyclical 0.11%
Energy 0.10%
Communications - Media 0.09%
Other Industrial 0.05%
Technology 0.01%
SUBTOTAL 0.47%
SUBTOTAL 0.47%
Investment Companies
Funds and Investment Trusts 0.16%
SUBTOTAL 0.16%
Asset-Backed Securities
Autos - Fixed Rate 0.12%
SUBTOTAL 0.12%
Currency Instruments
Forward Currency Exchange Contracts -0.17%
SUBTOTAL -0.17%
Interest Rate Swaps - SIFMA -34.38%
Interest Rate Futures -47.97%
Reverse Repurchase Agreements -53.07%
Net Cash Equivalents
Investment Companies 3.18%
Cash 1.56%
Foreign Currency 0.01%
SUBTOTAL 4.75%
Derivative Offsets
Futures Offsets 48.00%
Swaps Offsets 31.76%
SUBTOTAL 79.76%
100.00%
Country Breakdown Portfolio %
United States 90.96%
Brazil 2.16%
Mexico 1.07%
Canada 0.90%
Bermuda 0.77%
France 0.45%
United Kingdom 0.42%
Luxembourg 0.40%
Switzerland 0.30%
Indonesia 0.30%
Germany 0.26%
India 0.25%
Spain 0.22%
El Salvador 0.20%
Venezuela 0.16%
Barbados 0.15%
Jamaica 0.14%
Italy 0.11%
Dominican Republic 0.11%
Netherlands 0.10%
Ivory Coast 0.08%
Pakistan 0.07%
Ghana 0.06%
Guatemala 0.06%
Sri Lanka 0.05%
Zambia 0.05%
Belgium 0.04%
South Africa 0.04%
Morocco 0.04%
Australia 0.03%
Sweden 0.02%
Norway 0.02%
Peru 0.01%
100.00%
Net Currency Exposure Breakdown Portfolio %
United States Dollar 102.83%
Japanese Yen 2.52%
Indian Rupee 1.00%
New Zealand Dollar 0.06%
Mexican Peso 0.02%
Great British Pound -0.02%
Norwegian Krone -0.03%
Brazilian Real -0.07%
Australian Dollar -0.49%
Taiwan New Dollar -1.00%
Euro -1.85%
Singapore Dollar -2.97%
Total Net Assets 100.00%
Credit Rating Portfolio %
AAA 56.88%
A 1.62%
BBB 10.59%
BB 7.80%
B 7.54%
CCC 3.18%
CC 0.32%
D 0.38%
Not Rated 5.48%
Short Term Investments 3.18%
N/A 3.03%
100.00%
Bonds By Maturity Portfolio %
Less than 1 year -46.20%
1 to 5 years 29.45%
5 to 10 years 45.46%
10 to 20 years 61.80%
20 to 30 years 7.42%
More than 30 years 0.82%
Other 1.25%
Total Net Assets 100.00%
Portfolio Statistics:
Average Coupon: 7.69%
Average Bond Price : 119.09
Percentage of Leverage:
Bank Borrowing: 0.00%
Investment Operations: 38.17%*
Preferred Stock: 0.00%
Tender Option Bonds: 0.00%
Term Asset-Backed Loans Facility (TALF): 0.00%
Total Fund Leverage: 38.17%
Average Maturity: 14.32 Years
Effective Duration: 5.11 Years
Total Net Assets: $1,768.34 Million
Net Asset Value: $8.19
Number of Holdings: 460
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.
