NEW YORK, Feb. 24, 2014 /PRNewswire/ -- AllianceBernstein Income Fund, Inc. [NYSE: ACG] (the "Fund") today released its monthly portfolio update as of January 31, 2014.
AllianceBernstein Income Fund, Inc. | |
Top 10 Fixed Income Holdings | |
Portfolio % | |
1) U.S. Treasury Bonds 6.00%, 2/15/26 | 21.90% |
2) U.S. Treasury Bonds 6.375%, 8/15/27 | 17.83% |
3) U.S. Treasury Notes 3.625%, 2/15/21 | 16.22% |
4) U.S. Treasury Bonds 6.50%, 11/15/26 | 12.60% |
5) U.S. Treasury Notes 2.125%, 8/31/20 - 8/15/21 | 9.99% |
6) U.S. Treasury Notes 3.125%, 5/15/21 | 5.05% |
7) U.S. Treasury Notes 2.625%, 11/15/20 | 3.48% |
8) Federal National Mortgage Association 5.375%, 6/12/17 | 3.39% |
9) Residual Funding Corp. Principal Strip Zero Coupon, 7/15/20 | 1.79% |
10) Brazil Notas do Tesouro Nacional Series F 10.00%, 1/01/17 | 1.04% |
Investment Type | |
Portfolio % | |
Global Governments | 33.46% |
Corporates - Non-Investment Grades | |
Industrial | |
Communications - Media | 2.70% |
Energy | 1.68% |
Consumer Non-Cyclical | 1.52% |
Capital Goods | 1.25% |
Basic | 0.91% |
Consumer Cyclical - Retailers | 0.69% |
Technology | 0.69% |
Communications - Telecommunications | 0.68% |
Consumer Cyclical - Other | 0.67% |
Services | 0.37% |
Consumer Cyclical - Automotive | 0.27% |
Other Industrial | 0.19% |
Transportation - Services | 0.14% |
Consumer Cyclical - Entertainment | 0.05% |
Page 18 of 23 | |
SUBTOTAL | 11.81% |
Credit Default Swaps | 3.46% |
Financial Institutions | |
Banking | 0.86% |
Finance | 0.44% |
Other Finance | 0.27% |
REITS | 0.15% |
Insurance | 0.13% |
SUBTOTAL | 1.85% |
Utility | |
Electric | 1.01% |
Natural Gas | 0.33% |
SUBTOTAL | 1.34% |
SUBTOTAL | 18.46% |
Corporates - Investment Grades | |
Industrial | |
Communications - Telecommunications | 1.63% |
Basic | 0.86% |
Capital Goods | 0.82% |
Energy | 0.65% |
Consumer Non-Cyclical | 0.53% |
Communications - Media | 0.50% |
Consumer Cyclical - Retailers | 0.27% |
Technology | 0.25% |
Consumer Cyclical - Entertainment | 0.17% |
Consumer Cyclical - Other | 0.11% |
Transportation - Airlines | 0.08% |
Transportation - Services | 0.06% |
Consumer Cyclical - Automotive | 0.04% |
SUBTOTAL | 5.97% |
Financial Institutions | |
Insurance | 1.23% |
Banking | 0.97% |
REITS | 0.57% |
Finance | 0.15% |
Other Finance | 0.02% |
SUBTOTAL | 2.94% |
Non Corporate Sectors | |
Agencies - Not Government Guaranteed | 1.39% |
SUBTOTAL | 1.39% |
Utility | |
Electric | 0.12% |
SUBTOTAL | 0.12% |
Credit Default Swaps | -0.13% |
SUBTOTAL | 10.29% |
Agencies | |
Agency Subordinated | 3.40% |
Agency Debentures | 3.30% |
SUBTOTAL | 6.70% |
Collateralized Mortgage Obligations | |
Non-Agency Fixed Rate | 2.04% |
Page 19 of 23 | |
Non-Agency Floating Rate | 1.57% |
SUBTOTAL | 3.61% |
Emerging Markets - Corporate Bonds | |
Industrial | |
Consumer Non-Cyclical | 0.62% |
Communications - Telecommunications | 0.41% |
Capital Goods | 0.34% |
Energy | 0.23% |
Consumer Cyclical - Retailers | 0.21% |
Transportation - Airlines | 0.19% |
Basic | 0.16% |
Communications - Media | 0.09% |
SUBTOTAL | 2.25% |
SUBTOTAL | 2.25% |
Commercial Mortgage-Backed Securities | |
Non-Agency Fixed Rate CMBS | 1.86% |
SUBTOTAL | 1.86% |
Preferred Stocks | |
Financial Institutions | 1.58% |
Industrial | 0.15% |
SUBTOTAL | 1.73% |
Mortgage Pass-Throughs | |
Agency Fixed Rate 30-Year | 1.06% |
Agency ARMs | 0.64% |
SUBTOTAL | 1.70% |
Bank Loans | |
Industrial | |
Consumer Non-Cyclical | 0.41% |
Consumer Cyclical - Automotive | 0.32% |
Technology | 0.21% |
Other Industrial | 0.20% |
Communications - Media | 0.17% |
Basic | 0.10% |
Consumer Cyclical - Other | 0.08% |
Energy | 0.01% |
SUBTOTAL | 1.50% |
SUBTOTAL | 1.50% |
Local Governments - Municipal Bonds | 1.29% |
Quasi-Sovereigns | |
Quasi-Sovereign Bonds | 1.09% |
SUBTOTAL | 1.09% |
Common Stocks | 0.65% |
Governments - Sovereign Agencies | 0.58% |
Whole Loan Trusts | |
Performing Asset | 0.36% |
SUBTOTAL | 0.36% |
Emerging Markets - Sovereigns | 0.35% |
Currency Instruments | |
Forward Currency Exchange Contracts | 0.03% |
SUBTOTAL | 0.03% |
Interest Rate Swaps - SIFMA | -1.68% |
Page 20 of 23 | |
Reverse Repurchase Agreements | -44.28% |
Net Cash Equivalents | |
Cash | 4.21% |
Investment Companies | 0.15% |
SUBTOTAL | 4.36% |
Derivative Offsets | |
Futures Offsets | 57.40% |
Swaps Offsets | -1.71% |
SUBTOTAL | 55.69% |
100.00% | |
Country Breakdown | |
Portfolio % | |
United States | 88.75% |
Brazil | 2.07% |
Russia | 1.52% |
Mexico | 1.46% |
United Kingdom | 0.84% |
Canada | 0.75% |
Switzerland | 0.47% |
Luxembourg | 0.40% |
Indonesia | 0.35% |
Germany | 0.30% |
Hungary | 0.28% |
France | 0.25% |
India | 0.25% |
Netherlands | 0.24% |
El Salvador | 0.20% |
Spain | 0.20% |
Peru | 0.20% |
Venezuela | 0.18% |
Colombia | 0.16% |
Portugal | 0.14% |
Norway | 0.14% |
South Africa | 0.12% |
Chile | 0.11% |
Croatia | 0.11% |
Barbados | 0.10% |
Belgium | 0.10% |
Singapore | 0.08% |
Guatemala | 0.07% |
Australia | 0.07% |
Jamaica | 0.05% |
Sri Lanka | 0.04% |
Total Investments | 100.00% |
Net Currency Exposure Breakdown | |
Portfolio % | |
United States Dollar | 97.39% |
Brazilian Real | 0.98% |
Russian Rubles | 0.88% |
Swedish Krona | 0.50% |
Page 21 of 23 | |
New Zealand Dollar | 0.49% |
New Turkish Lira | 0.26% |
Indonesian Rupiah | 0.25% |
Nigerian Naira | 0.21% |
Euro | 0.03% |
Australian Dollar | 0.01% |
Mexican Peso | -0.03% |
Canadian Dollar | -0.48% |
Great British Pound | -0.49% |
Total Net Assets | 100.00% |
Credit Rating | |
Portfolio % | |
AAA | 52.87% |
AA | 0.15% |
A | 4.02% |
BBB | 12.62% |
BB | 10.66% |
B | 8.61% |
CCC | 3.37% |
CC | 0.53% |
D | 0.23% |
Not Rated | 1.01% |
Short Term Investments | 0.15% |
N/A | 5.78% |
100.00% | |
Bonds By Maturity | |
Portfolio % | |
Less than 1 year | -38.81% |
1 to 5 years | 19.10% |
5 to 10 years | 54.30% |
10 to 20 years | 56.95% |
20 to 30 years | 6.18% |
More than 30 years | 1.63% |
Other | 0.65% |
Total Net Assets | 100.00% |
Portfolio Statistics: | |
Average Coupon: | 7.70% |
Average Bond Price : | 116.07 |
Percentage of Leverage: | |
Bank Borrowing: | 0.00% |
Investment Operations: | 47.50%* |
Preferred Stock: | 0.00% |
Tender Option Bonds: | 0.00% |
Term Asset-Backed Loans Facility (TALF): | 0.00% |
Total Fund Leverage: | 47.50% |
Average Maturity: | 14.20 Years |
Effective Duration: | 6.05 Years |
Page 22 of 23 | |
Total Net Assets: | $1,999.48 Million |
Net Asset Value: | $8.23 |
Number of Holdings: | 416 |
Portfolio Turnover: | 58% |
* 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. |
SOURCE AllianceBernstein Income Fund, Inc.