ALLIANCEBERNSTEIN INCOME FUND INC. NEW YORK, Nov. 6, 2015 /PRNewswire/ -- AB Income Fund, Inc. (NYSE: ACG) (the "Fund") is rereleasing its monthly portfolio update as of September 30, 2015, previously released on October 26, 2015, to revise certain information relating to its leverage levels. The revised information may be found below under the heading "Percentage of Leverage".
AB Income Fund, Inc.
Top 10 Fixed Income Holdings Portfolio %
1) U.S. Treasury Bonds 6.375%, 8/15/27 21.17%
2) U.S. Treasury Bonds 6.25%, 5/15/30 21.00%
3) U.S. Treasury Notes 3.625%, 2/15/21 18.50%
4) U.S. Treasury Bonds 6.50%, 11/15/26 14.83%
5) U.S. Treasury Notes 2.125%, 8/31/20 8.77%
6) U.S. Treasury Notes 3.125%, 5/15/21 5.82%
7) U.S. Treasury Bonds 3.125%, 8/15/44 4.52%
8) U.S. Treasury Bonds 8.75%, 8/15/20 3.01%
9) Residual Funding Corp. Principal
Strip Zero Coupon, 7/15/20 2.19%
10) U.S. Treasury Bonds 8.00%, 11/15/21 2.09%
Investment Type Portfolio %
Global Governments 106.76%
Corporates - Non-Investment Grade
Industrial
Consumer Non-Cyclical 2.03%
Energy 1.92%
Communications - Media 1.72%
Communications - Telecommunications 0.76%
Basic 0.74%
Capital Goods 0.65%
Consumer Cyclical - Retailers 0.63%
Consumer Cyclical - Other 0.45%
Technology 0.42%
Consumer Cyclical - Automotive 0.35%
Transportation - Services 0.34%
Services 0.21%
Other Industrial 0.19%
Consumer Cyclical - Entertainment 0.09%
SUBTOTAL 10.50%
Credit Default Swaps 2.00%
SUBTOTAL 2.00%
Financial Institutions
Banking 1.29%
Other Finance 0.12%
Finance 0.09%
REITS 0.06%
SUBTOTAL 1.56%
Utility
Electric 0.78%
SUBTOTAL 0.78%
SUBTOTAL 14.84%
Collateralized Mortgage Obligations
GSE Risk Share Floating Rate 3.55%
Non-Agency Fixed Rate 1.70%
Non-Agency Floating Rate 0.65%
Agency Fixed Rate 0.15%
SUBTOTAL 6.05%
Corporates - Investment Grade
Industrial
Communications - Telecommunications 0.70%
Basic 0.63%
Energy 0.43%
Consumer Non-Cyclical 0.33%
Capital Goods 0.27%
Consumer Cyclical - Retailers 0.14%
Transportation - Airlines 0.08%
SUBTOTAL 2.58%
Financial Institutions
Insurance 1.46%
Banking 0.53%
SUBTOTAL 1.99%
Utility
Electric 0.21%
SUBTOTAL 0.21%
Credit Default Swaps 0.08%
SUBTOTAL 0.08%
SUBTOTAL 4.86%
Agencies
Agency Debentures 4.03%
SUBTOTAL 4.03%
Commercial Mortgage-Backed Securities
Non-Agency Fixed Rate CMBS 3.10%
Non-Agency Floating Rate CMBS 0.23%
Credit Default Swaps 0.22%
SUBTOTAL 3.55%
Emerging Markets - Corporate Bonds
Industrial
Consumer Non-Cyclical 0.47%
Capital Goods 0.37%
Communications - Telecommunications 0.21%
Basic 0.20%
Transportation - Airlines 0.14%
Consumer Cyclical - Retailers 0.13%
SUBTOTAL 1.52%
SUBTOTAL 1.52%
Whole Loan Trusts
Performing Asset 1.39%
SUBTOTAL 1.39%
Common Stocks 1.23%
Quasi-Sovereigns
Quasi-Sovereign Bonds 1.09%
SUBTOTAL 1.09%
Local Governments - Municipal Bonds 0.90%
Emerging Markets - Sovereigns 0.88%
Preferred Stocks
Financial Institutions 0.51%
Industrial 0.20%
SUBTOTAL 0.71%
Bank Loans
Industrial
Basic 0.12%
Consumer Non-Cyclical 0.11%
Energy 0.10%
Communications - Media 0.08%
Other Industrial 0.05%
Technology 0.01%
SUBTOTAL 0.47%
SUBTOTAL 0.47%
Governments - Sovereign Agencies 0.45%
Currency Instruments
Forward Currency Exchange Contracts 0.29%
SUBTOTAL 0.29%
Investment Companies
Funds and Investment Trusts 0.16%
SUBTOTAL 0.16%
Asset-Backed Securities
Autos - Fixed Rate 0.12%
SUBTOTAL 0.12%
Put Options Written -0.01%
Interest Rate Swaps - SIFMA -35.61%
Interest Rate Futures -47.91%
Reverse Repurchase Agreements -52.53%
Net Cash Equivalents
Investment Companies 3.14%
Cash 1.56%
Foreign Currency -0.01%
SUBTOTAL 4.69%
Derivative Offsets
Futures Offsets 47.62%
Swaps Offsets 34.45%
SUBTOTAL 82.07%
100.00%
Country Breakdown Portfolio %
United States 91.13%
Brazil 2.11%
Mexico 1.04%
Canada 0.89%
Bermuda 0.77%
France 0.45%
United Kingdom 0.41%
Luxembourg 0.40%
Switzerland 0.30%
Indonesia 0.29%
Germany 0.26%
India 0.24%
Spain 0.22%
El Salvador 0.20%
Barbados 0.15%
Jamaica 0.14%
Venezuela 0.13%
Dominican Republic 0.11%
Italy 0.11%
Netherlands 0.10%
Guatemala 0.08%
Ivory Coast 0.08%
Belgium 0.07%
Pakistan 0.07%
Zambia 0.05%
Sri Lanka 0.05%
South Africa 0.04%
Morocco 0.04%
Australia 0.03%
Sweden 0.02%
Peru 0.01%
Norway 0.01%
Total Investments 100.00%
Net Currency Exposure Breakdown Portfolio %
United States Dollar 101.37%
Japanese Yen 3.02%
New Zealand Dollar 0.05%
Mexican Peso 0.02%
Indonesian Rupiah 0.01%
Malaysian Ringgit 0.01%
Australian Dollar 0.01%
Great British Pound -0.02%
Norwegian Krone -0.03%
Brazilian Real -0.09%
Taiwan New Dollar -0.48%
Euro -1.87%
Singapore Dollar -2.00%
Total Net Assets 100.00%
Credit Rating Portfolio %
AAA 58.11%
A 1.58%
BBB 10.22%
BB 7.02%
B 7.17%
CCC 2.92%
CC 0.33%
D 0.38%
Not Rated 5.14%
Short Term Investments 3.14%
N/A 3.99%
100.00%
Bonds By Maturity Portfolio %
Less than 1 year -45.60%
1 to 5 years 28.52%
5 to 10 years 45.55%
10 to 20 years 61.93%
20 to 30 years 7.42%
More than 30 years 0.95%
Other 1.23%
Total Net Assets 100.00%
Portfolio Statistics:
Average Coupon: 7.56%
Average Bond Price : 120.18
Percentage of Leverage:
Bank Borrowing: 0.00%
Investment Operations: 38.24%*
Preferred Stock: 0.00%
Tender Option Bonds: 0.00%
Term Asset-Backed Loans Facility
(TALF): 0.00%
Total Fund Leverage: 38.24%*
Average Maturity: 14.46 Years
Effective Duration: 4.91 Years
Total Net Assets: $1,769.06 Million
Net Asset Value: $8.20
Number of Holdings: 445
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.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/ab-income-fund-releases-monthly-portfolio-update-300174190.html
SOURCE AB Income Fund, Inc.
