NEW YORK, Aug. 26, 2014 /PRNewswire/ -- AllianceBernstein Income Fund, Inc. (NYSE: ACG) (the "Fund") today released its monthly portfolio update as of July 31, 2014.
AllianceBernstein Income Fund, Inc. | |
Top 10 Fixed Income Holdings | Portfolio % |
1) U.S. Treasury Bonds 6.00%, 2/15/26 | 21.94% |
2) U.S. Treasury Bonds 6.375%, 8/15/27 | 17.93% |
3) U.S. Treasury Notes 3.625%, 2/15/21 | 15.96% |
4) U.S. Treasury Bonds 6.50%, 11/15/26 | 12.64% |
5) U.S. Treasury Notes 2.125%, 8/31/20 - 8/15/21 | 8.49% |
6) U.S. Treasury Notes 3.125%, 5/15/21 | 4.99% |
7) U.S. Treasury Notes 2.625%, 11/15/20 | 3.44% |
8) Federal National Mortgage Association 5.375%, 6/12/17 | 3.29% |
9) U.S. Treasury Bonds 8.75%, 8/15/20 | 2.71% |
10) Residual Funding Corp. Principal Strip Zero Coupon, 7/15/20 | 1.82% |
Investment Type | Portfolio % |
Global Governments | 91.29% |
Corporates - Non-Investment Grades | |
Industrial | |
Energy | 2.64% |
Communications - Media | 1.91% |
Consumer Non-Cyclical | 1.46% |
Capital Goods | 1.34% |
Basic | 0.98% |
Technology | 0.92% |
Communications - Telecommunications | 0.91% |
Consumer Cyclical - Retailers | 0.90% |
Services | 0.36% |
Consumer Cyclical - Other | 0.26% |
Consumer Cyclical - Automotive | 0.19% |
Other Industrial | 0.18% |
Transportation - Services | 0.09% |
Consumer Cyclical - Entertainment | 0.04% |
SUBTOTAL | 12.18% |
Credit Default Swaps | 3.66% |
Financial Institutions | |
Banking | 0.78% |
Finance | 0.21% |
REITS | 0.15% |
Insurance | 0.13% |
Other Finance | 0.13% |
SUBTOTAL | 1.40% |
Utility | |
Electric | 0.59% |
SUBTOTAL | 0.59% |
SUBTOTAL | 17.83% |
Corporates - Investment Grades | |
Industrial | |
Communications - Telecommunications | 1.44% |
Basic | 1.13% |
Capital Goods | 0.95% |
Energy | 0.83% |
Consumer Non-Cyclical | 0.54% |
Technology | 0.34% |
Consumer Cyclical - Retailers | 0.28% |
Communications - Media | 0.25% |
Consumer Cyclical - Other | 0.11% |
Transportation - Airlines | 0.08% |
Transportation - Services | 0.06% |
SUBTOTAL | 6.01% |
Financial Institutions | |
Banking | 2.03% |
Insurance | 1.31% |
Finance | 0.39% |
REITS | 0.39% |
SUBTOTAL | 4.12% |
Non Corporate Sectors | |
Agencies - Not Government Guaranteed | 0.41% |
SUBTOTAL | 0.41% |
Utility | |
Electric | 0.30% |
SUBTOTAL | 0.30% |
Credit Default Swaps | 0.25% |
SUBTOTAL | 11.09% |
Agencies | |
Agency Debentures | 3.40% |
Agency Subordinated | 3.29% |
SUBTOTAL | 6.69% |
Collateralized Mortgage Obligations | |
Non-Agency Floating Rate | 2.19% |
Non-Agency Fixed Rate | 1.96% |
GSE Risk Share Floating Rate | 0.25% |
SUBTOTAL | 4.40% |
Commercial Mortgage-Backed Securities | |
Non-Agency Fixed Rate CMBS | 3.49% |
Non-Agency Floating Rate CMBS | 0.26% |
Credit Default Swaps | 0.19% |
SUBTOTAL | 3.94% |
Emerging Markets - Corporate Bonds | |
Industrial | |
Consumer Non-Cyclical | 0.83% |
Communications - Telecommunications | 0.42% |
Capital Goods | 0.35% |
Energy | 0.23% |
Consumer Cyclical - Retailers | 0.21% |
Transportation - Airlines | 0.19% |
Basic | 0.15% |
SUBTOTAL | 2.38% |
SUBTOTAL | 2.38% |
Mortgage Pass-Throughs | |
Agency Fixed Rate 30-Year | 1.18% |
Agency ARMs | 0.61% |
SUBTOTAL | 1.79% |
Preferred Stocks | |
Financial Institutions | 1.49% |
Industrial | 0.16% |
SUBTOTAL | 1.65% |
Quasi-Sovereigns | |
Quasi-Sovereign Bonds | 1.26% |
SUBTOTAL | 1.26% |
Bank Loans | |
Industrial | |
Consumer Non-Cyclical | 0.40% |
Consumer Cyclical - Automotive | 0.29% |
Other Industrial | 0.19% |
Basic | 0.10% |
Communications - Media | 0.09% |
Consumer Cyclical - Other | 0.08% |
Technology | 0.07% |
SUBTOTAL | 1.22% |
SUBTOTAL | 1.22% |
Local Governments - Municipal Bonds | 1.12% |
Whole Loan Trusts | |
Performing Asset | 0.47% |
SUBTOTAL | 0.47% |
Governments - Sovereign Agencies | 0.20% |
Options Purchased - Puts | |
Swaptions | 0.18% |
SUBTOTAL | 0.18% |
Common Stocks | 0.09% |
Currency Instruments | |
Forward Currency Exchange Contracts | 0.07% |
SUBTOTAL | 0.07% |
Options Purchased - Calls | 0.02% |
Call Options Written | |
Options Written - Calls | -0.01% |
SUBTOTAL | -0.01% |
Emerging Markets - Sovereigns | |
Emerging Markets - Sovereigns | 0.71% |
Credit Default Swaps | -1.27% |
SUBTOTAL | -0.56% |
Interest Rate Swaps - SIFMA | -2.47% |
Interest Rate Futures | -41.35% |
Reverse Repurchase Agreements | -48.48% |
Net Cash Equivalents | |
Cash | 2.70% |
Investment Companies | 2.56% |
Governments - Treasuries | 1.03% |
SUBTOTAL | 6.29% |
Derivative Offsets | |
Futures Offsets | 41.28% |
Swaps Offsets | -0.39% |
SUBTOTAL | 40.89% |
100.00% | |
Country Breakdown | Portfolio % |
United States | 89.23% |
Brazil | 1.44% |
Mexico | 1.13% |
Canada | 1.04% |
United Kingdom | 0.72% |
Malaysia | 0.71% |
Switzerland | 0.46% |
Hungary | 0.43% |
Luxembourg | 0.40% |
Indonesia | 0.40% |
France | 0.40% |
Germany | 0.31% |
Peru | 0.27% |
India | 0.24% |
Colombia | 0.23% |
Spain | 0.22% |
El Salvador | 0.22% |
Venezuela | 0.21% |
Netherlands | 0.18% |
Japan | 0.17% |
Russia | 0.16% |
Norway | 0.16% |
Barbados | 0.14% |
Portugal | 0.14% |
South Africa | 0.11% |
Italy | 0.10% |
Chile | 0.10% |
Dominican Republic | 0.07% |
Guatemala | 0.07% |
Australia | 0.07% |
Pakistan | 0.06% |
Belgium | 0.06% |
Zambia | 0.06% |
Jamaica | 0.05% |
Turkey | 0.04% |
Sri Lanka | 0.04% |
Singapore | 0.04% |
China | 0.04% |
Morocco | 0.04% |
Kenya | 0.04% |
Total Investments | 100.00% |
Net Currency Exposure Breakdown | Portfolio % |
United States Dollar | 106.05% |
Malaysian Ringgit | 1.04% |
Norwegian Krone | 0.96% |
Brazilian Real | 0.53% |
South Korean Won | 0.51% |
Mexican Peso | 0.18% |
Indonesian Rupiah | 0.01% |
New Zealand Dollar | -0.03% |
Great British Pound | -0.19% |
Canadian Dollar | -1.51% |
Euro | -1.52% |
Japanese Yen | -2.99% |
Australian Dollar | -3.04% |
Total Net Assets | 100.00% |
Credit Rating | Portfolio % |
AAA | 52.02% |
AA | 0.39% |
A | 2.84% |
BBB | 12.70% |
BB | 10.22% |
B | 8.30% |
CCC | 3.00% |
CC | 0.53% |
D | 0.21% |
Not Rated | 2.31% |
Short Term Investments | 3.59% |
N/A | 3.89% |
100.00% | |
Bonds By Maturity | Portfolio % |
Less than 1 year | -39.30% |
1 to 5 years | 17.64% |
5 to 10 years | 58.56% |
10 to 20 years | 56.83% |
20 to 30 years | 5.57% |
More than 30 years | 0.61% |
Other | 0.09% |
Total Net Assets | 100.00% |
Portfolio Statistics: | |
Average Coupon: | 7.58% |
Average Bond Price : | 117.87 |
Percentage of Leverage: | |
Bank Borrowing: | 0.00% |
Investment Operations: | 53.93%* |
Preferred Stock: | 0.00% |
Tender Option Bonds: | 0.00% |
Term Asset-Backed Loans Facility (TALF): | 0.00% |
Total Fund Leverage: | 53.93% |
Average Maturity: | 13.31 Years |
Effective Duration: | 4.69 Years |
Total Net Assets: | $2,020.50 Million |
Net Asset Value: | $8.38 |
Number of Holdings: | 460 |
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.
SOURCE AllianceBernstein Income Fund, Inc.