ALLIANCEBERNSTEIN INCOME FUND INC. NEW YORK, Jan. 26, 2015 /PRNewswire/ -- AllianceBernstein Income Fund, Inc. (NYSE: ACG) (the "Fund") today released its monthly portfolio update as of December 31, 2014.
AllianceBernstein Income Fund, Inc.
Top 10 Fixed Income Holdings Portfolio %
1) U.S. Treasury Bonds 6.00%, 2/15/26 21.55%
2) U.S. Treasury Bonds 6.375%, 8/15/27 19.75%
3) U.S. Treasury Notes 3.625%, 2/15/21 17.09%
4) U.S. Treasury Bonds 6.50%, 11/15/26 13.85%
5) U.S. Treasury Notes 2.125%, 8/31/20
-8/15/21 9.14%
6) U.S. Treasury Notes 3.125%, 5/15/21 5.36%
7) U.S. Treasury Bonds 3.125%, 8/15/44 4.32%
8) U.S. Treasury Notes 1.625%, 8/31/19 4.26%
9) Federal National Mortgage
Association 5.375%, 6/12/17 3.44%
10) U.S. Treasury Bonds 8.75%, 8/15/20 2.85%
Investment Type Portfolio %
Global Governments 104.14%
Corporates - Non-Investment Grades
Industrial
Communications - Media 2.23%
Energy 1.72%
Consumer Non-Cyclical 1.23%
Basic 1.01%
Capital Goods 0.79%
Communications - Telecommunications 0.76%
Technology 0.73%
Consumer Cyclical - Retailers 0.64%
Services 0.26%
Consumer Cyclical - Automotive 0.20%
Consumer Cyclical - Other 0.20%
Other Industrial 0.16%
Consumer Cyclical - Entertainment 0.11%
Transportation - Services 0.09%
SUBTOTAL 10.13%
Credit Default Swaps 2.30%
Financial Institutions
Banking 1.79%
Finance 0.22%
Insurance 0.14%
Other Finance 0.14%
SUBTOTAL 2.29%
Utility
Electric 0.76%
SUBTOTAL 0.76%
SUBTOTAL 15.48%
Agencies
Agency Debentures 3.75%
Agency Subordinated 3.44%
SUBTOTAL 7.19%
Corporates - Investment Grades
Industrial
Communications - Telecommunications 1.03%
Basic 0.82%
Energy 0.73%
Capital Goods 0.40%
Technology 0.29%
Transportation - Airlines 0.08%
Communications - Media 0.06%
SUBTOTAL 3.41%
Financial Institutions
Insurance 1.29%
Banking 0.96%
Finance 0.25%
SUBTOTAL 2.50%
Non Corporate Sectors
Agencies - Not Government Guaranteed 0.31%
Energy 0.02%
SUBTOTAL 0.33%
Credit Default Swaps 0.27%
Utility
Electric 0.19%
SUBTOTAL 0.19%
SUBTOTAL 6.70%
Collateralized Mortgage Obligations
GSE Risk Share Floating Rate 2.19%
Non-Agency Fixed Rate 1.76%
Non-Agency Floating Rate 0.65%
Agency Fixed Rate 0.21%
SUBTOTAL 4.81%
Commercial Mortgage-Backed Securities
Non-Agency Fixed Rate CMBS 2.76%
Credit Default Swaps 0.21%
SUBTOTAL 2.97%
Emerging Markets - Corporate Bonds
Industrial
Consumer Non-Cyclical 0.54%
Capital Goods 0.36%
Basic 0.23%
Consumer Cyclical - Retailers 0.22%
Energy 0.20%
Transportation - Airlines 0.19%
Communications - Media 0.18%
Communications - Telecommunications 0.18%
SUBTOTAL 2.10%
SUBTOTAL 2.10%
Preferred Stocks
Financial Institutions 1.33%
Industrial 0.18%
SUBTOTAL 1.51%
Local Governments - Municipal Bonds 1.22%
Quasi-Sovereigns
Quasi-Sovereign Bonds 1.18%
SUBTOTAL 1.18%
Bank Loans
Industrial
Consumer Non-Cyclical 0.31%
Consumer Cyclical - Automotive 0.31%
Other Industrial 0.24%
Communications - Media 0.09%
Consumer Cyclical - Other 0.08%
Technology 0.07%
Basic 0.04%
SUBTOTAL 1.14%
SUBTOTAL 1.14%
Mortgage Pass-Throughs
Agency ARMs 0.64%
Agency Fixed Rate 30-Year 0.27%
SUBTOTAL 0.91%
Whole Loan Trusts
Performing Asset 0.90%
SUBTOTAL 0.90%
Emerging Markets - Sovereigns
Emerging Markets - Sovereigns 0.69%
Credit Default Swaps -0.46%
SUBTOTAL 0.23%
Governments - Sovereign Agencies 0.21%
Currency Instruments
Forward Currency Exchange Contracts 0.14%
SUBTOTAL 0.14%
Investment Companies
Funds and Investment Trusts 0.13%
SUBTOTAL 0.13%
Asset-Backed Securities
Other ABS - Fixed Rate 0.05%
SUBTOTAL 0.05%
Common Stocks 0.05%
Options Purchased - Calls
Options on Forward Contracts 0.01%
SUBTOTAL 0.01%
Interest Rate Swaps - SIFMA -5.37%
Interest Rate Futures -49.08%
Reverse Repurchase Agreements -52.19%
Net Cash Equivalents
Cash 3.95%
Investment Companies 1.49%
SUBTOTAL 5.44%
Derivative Offsets
Futures Offsets 48.18%
Swaps Offsets 1.95%
SUBTOTAL 50.13%
Total Fixed Income 100.00%
Country Breakdown Portfolio %
United States 91.67%
Brazil 1.11%
Mexico 1.06%
Canada 0.89%
United Kingdom 0.53%
Switzerland 0.46%
Luxembourg 0.38%
Indonesia 0.32%
France 0.28%
Peru 0.27%
Norway 0.26%
India 0.25%
Hungary 0.25%
Germany 0.24%
Spain 0.23%
El Salvador 0.22%
Dominican Republic 0.16%
Barbados 0.14%
Netherlands 0.14%
Colombia 0.13%
Venezuela 0.12%
South Africa 0.12%
Chile 0.11%
Italy 0.10%
Ireland 0.08%
Guatemala 0.07%
Zambia 0.06%
Pakistan 0.06%
Belgium 0.06%
Jamaica 0.05%
Sri Lanka 0.05%
Singapore 0.04%
Morocco 0.04%
Australia 0.03%
Sweden 0.02%
Total Investments 100.00%
Net Currency Exposure Breakdown Portfolio %
United States Dollar 105.96%
Mexican Peso 0.98%
Brazilian Real 0.05%
Great British Pound 0.03%
New Zealand Dollar 0.01%
Euro -1.53%
Japanese Yen -2.43%
Australian Dollar -3.07%
Total Investments 100.00%
Credit Rating Portfolio %
AAA 61.02%
AA 0.26%
A 1.98%
BBB 9.54%
BB 8.90%
B 7.05%
CCC 2.81%
CC 0.33%
D 0.39%
Not Rated 3.05%
Short Term Investments 1.49%
N/A 3.18%
Total Investments 100.00%
Bonds By Maturity Portfolio %
Less than 1 year -46.51%
1 to 5 years 19.03%
5 to 10 years 58.46%
10 to 20 years 59.37%
20 to 30 years 9.21%
More than 30 years 0.39%
Other 0.05%
Total Net Assets 100.00%
Portfolio Statistics:
Average Coupon: 7.14%
Average Bond Price : 119.55
Percentage of Leverage:
Bank Borrowing: 0.00%
Investment Operations: 36.68%*
Preferred Stock: 0.00%
Tender Option Bonds: 0.00%
Term Asset-Backed Loans Facility
(TALF): 0.00%
Total Fund Leverage: 36.68%
Average Maturity: 13.51 Years
Effective Duration: 5.65 Years
Total Net Assets: $1,901.85 Million
Net Asset Value: $8.34
Number of Holdings: 412
Portfolio Turnover: 107%
* 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 AllianceBernstein Income Fund, Inc.
