NEW YORK, Nov. 23, 2015 /PRNewswire/ -- AB Income Fund, Inc. [NYSE: ACG] (the "Fund") today released its monthly portfolio update as of October 31, 2015.
AB Income Fund, Inc. | |
Top 10 Fixed Income Holdings | Portfolio % |
1) U.S. Treasury Bonds 6.375%, 8/15/27 | 20.96% |
2) U.S. Treasury Bonds 6.25%, 5/15/30 | 20.76% |
3) U.S. Treasury Notes 3.625%, 2/15/21 | 18.37% |
4) U.S. Treasury Bonds 6.50%, 11/15/26 | 14.70% |
5) U.S. Treasury Notes 2.125%, 8/31/20 | 8.72% |
6) U.S. Treasury Notes 3.125%, 5/15/21 | 5.78% |
7) U.S. Treasury Bonds 3.125%, 8/15/44 | 4.48% |
8) U.S. Treasury Bonds 8.75%, 8/15/20 | 2.98% |
9) Residual Funding Corp. Principal Strip Zero Coupon, 7/15/20 | 2.18% |
10) U.S. Treasury Bonds 8.00%, 11/15/21 | 2.07% |
Investment Type | Portfolio % |
Global Governments | 105.89% |
Corporates - Non-Investment Grade | |
Industrial | |
Consumer Non-Cyclical | 2.34% |
Energy | 2.28% |
Communications - Media | 1.77% |
Basic | 0.90% |
Communications - Telecommunications | 0.86% |
Consumer Cyclical - Retailers | 0.81% |
Capital Goods | 0.67% |
Consumer Cyclical - Other | 0.56% |
Technology | 0.43% |
Consumer Cyclical - Automotive | 0.35% |
Transportation - Services | 0.23% |
Services | 0.22% |
Other Industrial | 0.19% |
Consumer Cyclical - Entertainment | 0.10% |
SUBTOTAL | 11.71% |
Credit Default Swaps | 2.04% |
SUBTOTAL | 2.04% |
Financial Institutions | |
Banking | 1.31% |
Other Finance | 0.13% |
Finance | 0.08% |
REITS | 0.06% |
SUBTOTAL | 1.58% |
Utility | |
Electric | 0.75% |
SUBTOTAL | 0.75% |
SUBTOTAL | 16.08% |
Collateralized Mortgage Obligations | |
GSE Risk Share Floating Rate | 3.65% |
Non-Agency Fixed Rate | 1.68% |
Non-Agency Floating Rate | 0.64% |
Agency Fixed Rate | 0.13% |
SUBTOTAL | 6.10% |
Corporates - Investment Grade | |
Industrial | |
Communications - Telecommunications | 0.73% |
Energy | 0.56% |
Basic | 0.52% |
Consumer Non-Cyclical | 0.33% |
Capital Goods | 0.30% |
Consumer Cyclical - Retailers | 0.14% |
Transportation - Airlines | 0.08% |
Transportation - Services | 0.07% |
SUBTOTAL | 2.73% |
Financial Institutions | |
Insurance | 1.46% |
Banking | 0.53% |
SUBTOTAL | 1.99% |
Utility | |
Electric | 0.20% |
SUBTOTAL | 0.20% |
Credit Default Swaps | 0.08% |
SUBTOTAL | 0.08% |
SUBTOTAL | 5.00% |
Commercial Mortgage-Backed Securities | |
Non-Agency Fixed Rate CMBS | 3.39% |
Credit Default Swaps | 0.73% |
Non-Agency Floating Rate CMBS | 0.23% |
SUBTOTAL | 4.35% |
Agencies | |
Agency Debentures | 4.04% |
SUBTOTAL | 4.04% |
Emerging Markets - Corporate Bonds | |
Industrial | |
Consumer Non-Cyclical | 0.44% |
Capital Goods | 0.38% |
Basic | 0.22% |
Communications - Telecommunications | 0.19% |
Consumer Cyclical - Retailers | 0.13% |
Transportation - Airlines | 0.13% |
SUBTOTAL | 1.49% |
SUBTOTAL | 1.49% |
Emerging Markets - Sovereigns | |
Emerging Markets - Sovereigns | 0.98% |
Credit Default Swaps | 0.43% |
SUBTOTAL | 1.41% |
Whole Loan Trusts | |
Performing Asset | 1.40% |
SUBTOTAL | 1.40% |
Common Stocks | 1.25% |
Quasi-Sovereigns | |
Quasi-Sovereign Bonds | 1.18% |
SUBTOTAL | 1.18% |
Local Governments - Municipal Bonds | 0.93% |
Preferred Stocks | |
Financial Institutions | 0.52% |
Industrial | 0.21% |
SUBTOTAL | 0.73% |
Governments - Sovereign Agencies | 0.48% |
Bank Loans | |
Industrial | |
Basic | 0.11% |
Consumer Non-Cyclical | 0.11% |
Energy | 0.10% |
Communications - Media | 0.09% |
Other Industrial | 0.05% |
Technology | 0.01% |
SUBTOTAL | 0.47% |
SUBTOTAL | 0.47% |
Investment Companies | |
Funds and Investment Trusts | 0.16% |
SUBTOTAL | 0.16% |
Asset-Backed Securities | |
Autos - Fixed Rate | 0.12% |
SUBTOTAL | 0.12% |
Currency Instruments | |
Forward Currency Exchange Contracts | -0.17% |
SUBTOTAL | -0.17% |
Interest Rate Swaps - SIFMA | -34.38% |
Interest Rate Futures | -47.97% |
Reverse Repurchase Agreements | -53.07% |
Net Cash Equivalents | |
Investment Companies | 3.18% |
Cash | 1.56% |
Foreign Currency | 0.01% |
SUBTOTAL | 4.75% |
Derivative Offsets | |
Futures Offsets | 48.00% |
Swaps Offsets | 31.76% |
SUBTOTAL | 79.76% |
100.00% | |
Country Breakdown | Portfolio % |
United States | 90.96% |
Brazil | 2.16% |
Mexico | 1.07% |
Canada | 0.90% |
Bermuda | 0.77% |
France | 0.45% |
United Kingdom | 0.42% |
Luxembourg | 0.40% |
Switzerland | 0.30% |
Indonesia | 0.30% |
Germany | 0.26% |
India | 0.25% |
Spain | 0.22% |
El Salvador | 0.20% |
Venezuela | 0.16% |
Barbados | 0.15% |
Jamaica | 0.14% |
Italy | 0.11% |
Dominican Republic | 0.11% |
Netherlands | 0.10% |
Ivory Coast | 0.08% |
Pakistan | 0.07% |
Ghana | 0.06% |
Guatemala | 0.06% |
Sri Lanka | 0.05% |
Zambia | 0.05% |
Belgium | 0.04% |
South Africa | 0.04% |
Morocco | 0.04% |
Australia | 0.03% |
Sweden | 0.02% |
Norway | 0.02% |
Peru | 0.01% |
100.00% | |
Net Currency Exposure Breakdown | Portfolio % |
United States Dollar | 102.83% |
Japanese Yen | 2.52% |
Indian Rupee | 1.00% |
New Zealand Dollar | 0.06% |
Mexican Peso | 0.02% |
Great British Pound | -0.02% |
Norwegian Krone | -0.03% |
Brazilian Real | -0.07% |
Australian Dollar | -0.49% |
Taiwan New Dollar | -1.00% |
Euro | -1.85% |
Singapore Dollar | -2.97% |
Total Net Assets | 100.00% |
Credit Rating | Portfolio % |
AAA | 56.88% |
A | 1.62% |
BBB | 10.59% |
BB | 7.80% |
B | 7.54% |
CCC | 3.18% |
CC | 0.32% |
D | 0.38% |
Not Rated | 5.48% |
Short Term Investments | 3.18% |
N/A | 3.03% |
100.00% | |
Bonds By Maturity | Portfolio % |
Less than 1 year | -46.20% |
1 to 5 years | 29.45% |
5 to 10 years | 45.46% |
10 to 20 years | 61.80% |
20 to 30 years | 7.42% |
More than 30 years | 0.82% |
Other | 1.25% |
Total Net Assets | 100.00% |
Portfolio Statistics: | |
Average Coupon: | 7.69% |
Average Bond Price : | 119.09 |
Percentage of Leverage: | |
Bank Borrowing: | 0.00% |
Investment Operations: | 38.17%* |
Preferred Stock: | 0.00% |
Tender Option Bonds: | 0.00% |
Term Asset-Backed Loans Facility (TALF): | 0.00% |
Total Fund Leverage: | 38.17% |
Average Maturity: | 14.32 Years |
Effective Duration: | 5.11 Years |
Total Net Assets: | $1,768.34 Million |
Net Asset Value: | $8.19 |
Number of Holdings: | 460 |
Portfolio Turnover: | 32% |
* 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 AB Income Fund, Inc.