By
AllianceBernstein Income Fund, Inc.
Top 10 Fixed-Income Holdings
Portfolio %
1) U.S. Treasury Bonds 11.25%, 2/15/15 9.26%
2) U.S. Treasury Strips Zero Coupon, 5/15/17 7.54%
3) U.S. Treasury Strips Zero Coupon, 11/15/21 6.72%
4) Federal National Mortgage Association Series 6.18%
2008 5.50%, 1/01/37 - 10/01/38
5) Federal National Mortgage Association Series 6.04%
2008 4.50%, 3/01/38 - 4/01/38
6) U.S. Treasury Notes 4.00%, 6/15/09 - 3/15/10 5.41%
7) U.S. Treasury Notes 4.875%, 5/15/09 - 5.27%
8/15/16
8) U.S. Treasury Bonds 6.625%, 2/15/27 3.99%
9) Resolution Funding Corp. Series 1990 Zero 3.47%
Coupon, 10/15/20
10) Federal Home Loan Mortgage Corp. Series 2006 2.53%
6.00%, 9/01/36
Security Type Breakdown
Portfolio %
Governments - Treasuries:
Treasuries 44.12%
Non Corporate Sectors:
Sovereign 0.29%
SUBTOTAL 0.29%
SUBTOTAL 44.41%
Mortgage Pass-Thru's:
Agency Fixed Rate 30-Year 17.07%
Agency ARMS 5.84%
SUBTOTAL 22.91%
Agencies:
Agency Debentures 9.08%
Non Corporate Sectors:
Agencies - Government Guaranteed 0.33%
SUBTOTAL 0.33%
SUBTOTAL 9.41%
Corporates - Investment Grades:
Financial Institutions:
Banking 1.93%
Finance 0.53%
Insurance 0.13%
Basic 0.10%
Other Finance 0.01%
SUBTOTAL 2.70%
Industrial:
Basic 1.09%
Energy 0.63%
Capital Goods 0.36%
Transportation - Airlines 0.17%
Communications - Telecommunications 0.16%
Other Industrial 0.14%
Consumer Non-Cyclical 0.03%
Consumer Cyclical - Other 0.03%
Technology 0.02%
Communications - Media 0.01%
SUBTOTAL 2.64%
Utility:
Natural Gas 0.18%
SUBTOTAL 0.18%
SUBTOTAL 5.52%
Commercial Mortgage-Backed Securities:
Non-Agency Fixed Rate CMBS 4.07%
SUBTOTAL 4.07%
Corporates - Non-Investment Grades:
Industrial:
Communications - Telecommunications 0.62%
Basic 0.45%
Consumer Cyclical - Automotive 0.37%
Capital Goods 0.27%
Communications - Media 0.26%
Consumer Cyclical - Retailers 0.14%
Other Industrial 0.12%
Consumer Non-Cyclical 0.10%
Services 0.07%
Consumer Cyclical - Other 0.03%
Technology 0.01%
SUBTOTAL 2.44%
Financial Institutions:
Insurance 0.12%
Finance 0.12%
Banking 0.05%
Brokerage 0.01%
SUBTOTAL 0.30%
SUBTOTAL 2.74%
Inflation-Linked Securities 2.69%
Bank Loans:
Industrial:
Consumer Non-Cyclical 0.35%
Basic 0.34%
Communications - Telecommunications 0.26%
Communications - Media 0.25%
Technology 0.13%
Consumer Cyclical - Other 0.12%
Energy 0.09%
Capital Goods 0.06%
Consumer Cyclical - Automotive 0.05%
Consumer Cyclical - Retailers 0.05%
Services 0.04%
SUBTOTAL 1.74%
Utility:
Electric 0.21%
Other Utility 0.02%
SUBTOTAL 0.23%
Financial Institutions:
Finance 0.10%
Other Finance 0.02%
REITS 0.02%
SUBTOTAL 0.14%
Non-Investment Grade Loans 0.04%
SUBTOTAL 2.15%
Quasi-Sovereigns:
Quasi-Sovereign Bonds 1.37%
Industrial:
Energy 0.34%
SUBTOTAL 0.34%
SUBTOTAL 1.71%
Emerging Markets - Treasuries:
Non Corporate Sectors:
Sovereign 0.88%
Treasuries 0.58%
SUBTOTAL 1.46%
SUBTOTAL 1.46%
Emerging Markets - Sovereigns:
Non Corporate Sectors:
Sovereign 1.16%
SUBTOTAL 1.16%
Governments - Sovereign Bonds 0.48%
CMOs:
Non-Agency ARMS 0.16%
Agency Fixed Rate 0.01%
SUBTOTAL 0.17%
Emerging Markets - Corporate Bonds:
Utility:
Electric 0.01%
SUBTOTAL 0.01%
Financial Institutions:
Banking 0.01%
SUBTOTAL 0.01%
Industrial:
Consumer Non-Cyclical 0.01%
SUBTOTAL 0.01%
SUBTOTAL 0.03%
Preferred Stocks:
Financial Institutions 0.02%
SUBTOTAL 0.02%
Local Governments - Regional Bonds 0.01%
Short-Term Investments:
Investment Companies 1.06%
Total 100.00%
Country Breakdown
Portfolio %
United States 88.59%
Russia 2.85%
Brazil 2.39%
Turkey 1.41%
Indonesia 0.85%
Mexico 0.61%
Colombia 0.51%
Peru 0.50%
Kazakhstan 0.42%
United Kingdom 0.34%
Hong Kong 0.27%
Venezuela 0.19%
Australia 0.17%
Jamaica 0.17%
India 0.16%
Canada 0.12%
Bermuda 0.11%
Panama 0.09%
Switzerland 0.08%
Argentina 0.07%
Austria 0.05%
Dominican Republic 0.03%
El Salvador 0.01%
South Africa 0.01%
Total 100.00%
Credit Quality Breakdown
Portfolio %
AAA 80.69%
AA 1.03%
A 4.26%
BBB 4.43%
BB 6.11%
B 1.26%
CCC 0.83%
CC 0.28%
C 0.05%
A-1+ 1.06%
Total Investments 100.00%
Portfolio Statistics
Percentage of Leverage:
Bank Loans: 14.19%
Investment Operations: 21.29%
Preferred Stock: 0%
Total: 35.48%*
Avg. Maturity: 6.70 Years
Duration:
Corporate 6.41 yrs
Non Dollar Government 3.97 yrs
Emerging Market 5.80 yrs
US Treasury 4.00 yrs
High Yield 2.22 yrs
Total Portfolio: 2.97 Years
Total Net Assets: $1,817.2 Million
Net Asset Value: $7.50
Number of Holdings: 333
* The total percentage of leverage constitutes 14.19% in bank loans
and 21.29% 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.
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.
SOURCE AllianceBernstein Income Fund, Inc.
