ALLIANCE NEW YORK MUNICIPAL INCOME FUND, NEW YORK, July 27, 2015 /PRNewswire/ -- Alliance New York Municipal Income Fund, Inc.(NYSE: AYN) (the "Fund") today released its monthly portfolio update as of June 30, 2015.
Alliance New York Municipal Income Fund, Inc.
Top 10 Fixed-Income Holdings Portfolio %
1) Port Authority of New York & New Jersey Series 2012 5.00%, 10/01/34 4.83%
2) Erie County Fiscal Stability Authority (Erie County Fiscal Stability Authority Sales Tax) Series 2011C 5.00%, 12/01/25 4.18%
3) Utility Debt Securitization Authority Series 2013T 5.00%, 12/15/30 4.17%
4) New York State Thruway Authority (New York State Thruway Authority Ded Tax) Series 2011A 5.00%, 4/01/31 3.98%
5) New York State Dormitory Authority (New York State Dormitory Authority Lease) Series 2013A 5.25%, 7/01/30 3.08%
6) New York State Dormitory Authority (State of New York Pers Income Tax) Series 2012A 5.00%, 6/15/31 3.03%
7) New York State Dormitory Authority (New York St Pers Income Tax) 5.00%, 3/15/26 2.93%
8) New York State Thruway Authority (New York State Thruway Authority Gen Toll Road) Series 2014J 5.00%, 1/01/41 2.90%
9) Idaho Housing & Finance Association (State of Idaho Fed Hwy Grant) Series 2014 5.00%, 7/15/31 2.82%
10) New York City Water & Sewer System Series 2011HH 5.00%, 6/15/26 2.64%
Sector/Industry Breakdown Portfolio %
Revenue
Toll Roads/Transit 10.88%
Water & Sewer 10.20%
Higher Education - Private 9.56%
Health Care - Not-for-Profit 9.46%
Revenue - Miscellaneous 8.23%
Electric Utility 7.58%
Airport 7.33%
Senior Living 2.63%
Higher Education - Public 1.22%
Industrial Development - Utility 0.23%
SUBTOTAL 67.32%
Tax Supported
Special Tax 19.25%
Tax-Supported State Lease 3.02%
Local G.O. 2.04%
State G.O. 0.18%
SUBTOTAL 24.49%
Asset-Backed
Housing - Multi-Family 3.88%
SUBTOTAL 3.88%
Prerefunded/ETM 2.78%
Cash Equivalents
Investment Companies 1.53%
SUBTOTAL 1.53%
Total 100.00%
State Breakdown Portfolio %
New York 90.83%
Idaho 2.82%
Texas 2.03%
Kansas 0.97%
Florida 0.96%
Colorado 0.45%
Ohio 0.23%
California 0.18%
Other 1.53%
Total Investments 100.00%
Credit Quality Breakdown Portfolio %
AAA 15.62%
AA 50.89%
A 17.85%
BBB 9.73%
BB 1.10%
Not Rated 0.50%
Pre-refunded Bonds 2.78%
Short Term Investments 1.53%
Total Investments 100.00%
Bonds By Maturity Portfolio %
Less than 1 year 2.58%
1 to 5 years 3.36%
5 to 10 years 5.13%
10 to 20 years 73.79%
20 to 30 years 13.25%
More than 30 years 1.89%
Other 0.00%
Total Investments 100.00%
Portfolio Statistics:
AMT Percentage: 10.44%
Average Coupon: 5.25%
Percentage of Leverage:
Bank Borrowing: 0.00%
Investment Operations: 0.45%
Preferred Stock: 37.64%
Tender Option Bonds: 3.88%
Term Asset-Backed Loans Facility (TALF): 0.00%
Total Fund Leverage: 41.97%*
Average Effective Maturity: 6.70 Years
Effective Duration: 5.82 Years
Total Net Assets: $109.93 Million**
Common Stock Net Asset Value: $14.29
Number of Holdings: 73
Portfolio Turnover: 42%
* The total percentage of leverage constitutes 3.88% through the use of tender option bonds, 37.64% in issued and outstanding preferred stock and 0.45% 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.
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SOURCE Alliance New York Municipal Income Fund, Inc.
