NEW YORK, Jan. 29, 2013 /PRNewswire/ -- Alliance New York Municipal Income Fund, Inc. (NYSE: AYN) (the "Fund") today released its monthly portfolio update as of December 31, 2012.
Alliance New York Municipal Income Fund, Inc. Top 10 Fixed-Income Holdings Portfolio % 1) Port Authority of NY & NJ 5.00%, 10/01/27 5.03% 2) New York St Dormitory Auth (Maimonides Med 4.57% Ctr) NPFGC Series 04 5.75%, 8/01/29 3) Erie Cnty NY Fiscal Stability Auth (Erie Cnty 4.19% Ny Sales Tax) Series 2011C 5.00%, 12/01/25 4) New York St Thruway Auth (New York St Thruway 4.15% Auth Ded Tax) Series 2011A 5.00%, 4/01/25 5) Puerto Rico Sales Tax Fin Corp. Series 2009A 3.66% 5.50%, 8/01/28 6) Tobacco Settlement Fin Corp. NY (New York St 3.53% Lease Tobacco Asset Sec) AMBAC Series 03A-1 5.25%, 6/01/21 7) New York St Envrn Fac Corp. 5.00%, 3.21% 8/15/24 8) New York St Thruway Auth (New York St Pers 3.13% Income Tax) Series 2011A 5.00%, 3/15/26 9) New York NY Trnsl Fin Auth Series 2002B 3.10% 5.00%, 2/01/27 10) New York NY Trnsl Fin Auth 5.00%, 5/01/27 3.06% Sector/Industry Breakdown Portfolio % Tax Supported Special Tax 33.12% Local G.O. 12.56% Tax-Supported State Lease 5.62% State G.O. 2.31% Assessment District 0.43% SUBTOTAL 54.04% Revenue Health Care - Not-for-Profit 10.97% Water & Sewer 10.38% Toll Roads/Transit 8.20% Airport 5.03% Higher Education - Private 3.69% Electric Utility 2.00% Senior Living 1.72% Industrial Development - Industry 0.48% Industrial Development - Utility 0.21% SUBTOTAL 42.68% Asset-Backed Housing - Multi-Family 1.82% Housing - Single Family 1.20% SUBTOTAL 3.02% Cash Equivalents Investment Companies 0.22% SUBTOTAL 0.22% Prerefunded/ETM 0.04% Total 100.00% State Breakdown Portfolio % New York 91.62% Puerto Rico 6.33% California 0.88% Colorado 0.43% Illinois 0.31% Ohio 0.21% Other 0.22% Total Investments 100.00% Credit Quality Breakdown Portfolio % AAA 28.60% AA 45.79% A 13.67% BBB 10.05% BB 0.48% Not Rated 1.15% Pre-refunded Bonds 0.04% Short Term Investments 0.22% Total Investments 100.00% Bonds By Maturity Portfolio % Less than 1 year 0.22% 1 to 5 years 0.00% 5 to 10 years 11.17% 10 to 20 years 83.76% 20 to 30 years 4.85% More than 30 years 0.00% Other 0.00% Total Investments 100.00% Portfolio Statistics: AMT Percentage: 4.65% Average Coupon: 5.30% Percentage of Leverage: Bank Borrowing: 0.00% Investment Operations: 0.00% Preferred Stock: 36.23% Tender Option Bonds: 3.73% Term Asset-Backed Loans Facility (TALF): 0.00% Total Fund Leverage: 39.96%* Average Effective Maturity: 6.62 Years Effective Duration: 5.72 Years Total Net Assets: $112.61 Million** Common Stock Net Asset Value: $14.85 Number of Holdings: 68 Portfolio Turnover: 44%
* The total percentage of leverage constitutes 3.73% through the use of tender option bonds, 36.23% in issued and outstanding preferred stock and 0.00% 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.
SOURCE Alliance New York Municipal Income Fund, Inc.