Welcome!

News Feed Item

AllianceBernstein Income Fund Releases Monthly Portfolio Update

NEW YORK, Dec. 24, 2012 /PRNewswire/ -- AllianceBernstein Income Fund, Inc.[NYSE: ACG] (the "Fund") today released its monthly portfolio update as of November 30, 2012.

AllianceBernstein Income Fund, Inc.




Top 10 Fixed Income Holdings

Portfolio %



     1) U.S. Treasury Notes 2.625%, 8/15/20 - 11/15/20  

15.41%

     2) U.S. Treasury Notes 1.375%, 9/30/18                   

11.07%

     3) U.S. Treasury Bonds 8.75%, 8/15/20                      

6.52%

     4) U.S. Treasury STRIPS  Zero Coupon, 5/15/17            

5.74%

     5) U.S. Treasury Bonds 7.625%, 2/15/25              

4.20%

     6) U.S. Treasury Bonds 8.00%, 11/15/21                

3.54%

     7) Federal National Mortgage Association 3.50%,      

3.32%

     TBA


     8) U.S. Treasury Notes 1.625%, 8/15/22                     

2.97%

     9) U.S. Treasury Notes 1.50%, 8/31/18                      

2.86%

     10) U.S. Treasury Notes 2.75%, 2/15/19                      

2.26%



Fixed Income Holdings by Security Type

Portfolio %



     Governments - Treasuries


          Treasuries                               

59.00%

     SUBTOTAL                               

59.00%

     Corporates - Non-Investment Grades


          Industrial


               Communications - Media              

1.47%

               Capital Goods                               

1.34%

               Consumer Non-Cyclical                   

1.27%

               Energy                                            

0.98%

               Basic                                            

0.89%

               Consumer Cyclical - Other                

0.60%

               Consumer Cyclical - Retailers             

0.56%

               Technology                                       

0.52%

               Consumer Cyclical - Automotive           

0.36%

               Communications - Telecommunications  

0.34%

               Services                                     

0.19%

               Transportation - Airlines                 

0.09%

               Consumer Cyclical - Restaurants     

0.07%

               Other Industrial                                

0.07%

               Consumer Cyclical - Entertainment              

0.03%

          SUBTOTAL                                         

8.78%

     Utility


               Electric                       

0.91%

               Natural Gas                   

0.18%

          SUBTOTAL                     

1.09%

          Financial Institutions


               Other Finance         

0.28%

               Banking                   

0.21%

               Finance                     

0.13%

               Brokerage                    

0.09%

               REITS                           

0.09%

          SUBTOTAL                     

0.80%

     SUBTOTAL                       

10.67%

     Corporates - Investment Grades


          Industrial


               Communications - Telecommunications             

1.15%

               Energy                                      

0.65%

               Capital Goods                              

0.58%

               Basic                                            

0.36%

               Consumer Non-Cyclical                    

0.35%

               Communications - Media                    

0.31%

               Technology                                        

0.25%

               Consumer Cyclical - Retailers               

0.18%

               Consumer Cyclical - Entertainment         

0.11%

               Consumer Cyclical - Automotive               

0.10%

               Consumer Cyclical - Other                         

0.07%

               Other Industrial                      

0.07%

               Transportation - Airlines               

0.05%

               Transportation - Services               

0.03%

          SUBTOTAL                                    

4.26%

     Financial Institutions


               Banking                

1.78%

               Insurance                

1.41%

               REITS                       

0.41%

               Finance                       

0.23%

               Brokerage                      

0.15%

               Other Finance                  

0.01%

               SUBTOTAL                        

3.99%

               Non Corporate Sectors


               Agencies - Not Government Guaranteed      

1.01%

          SUBTOTAL                     

1.01%

          Utility


               Electric                             

0.36%

               Natural Gas                         

0.03%

          SUBTOTAL                           

0.39%

     SUBTOTAL                             

9.65%

     Mortgage Pass-Throughs


          Agency Fixed Rate 30-Year        

5.67%

          Agency ARMs                             

0.43%

     SUBTOTAL                                   

6.10%







     Agencies


               Agency Debentures                      

2.35%

               Agency Subordinated                     

2.16%

          SUBTOTAL                                     

4.51%

     Quasi-Sovereigns


               Quasi-Sovereign Bonds                    

2.81%

          SUBTOTAL                                       

2.81%

     Emerging Markets - Corporate Bonds


          Industrial


               Consumer Cyclical - Other                   

0.34%

               Communications - Telecommunications  

0.28%

               Basic                                      

0.26%

               Communications - Media            

0.19%

               Energy                                        

0.15%

               Consumer Non-Cyclical                  

0.13%

               Other Industrial                                

0.11%

               Capital Goods                   

0.03%

               Transportation - Airlines       

0.03%

          SUBTOTAL                          

1.52%

     Utility


               Natural Gas                     

0.06%

          SUBTOTAL                       

0.06%

     Financial Institutions


               Other Finance                     

0.01%

          SUBTOTAL                           

0.01%

     SUBTOTAL                             

1.59%

     Bank Loans


          Industrial


               Consumer Non-Cyclical              

0.27%

               Consumer Cyclical - Automotive    

0.18%

               Basic                                            

0.16%

               Consumer Cyclical - Other                

0.13%

               Communications - Media                    

0.10%

               Consumer Cyclical - Retailers               

0.10%

               Capital Goods                                    

0.09%

               Technology                        

0.09%

               Other Industrial                    

0.07%

               Services                      

0.03%

               Energy                          

0.01%

          SUBTOTAL                     

1.23%

     Financial Institutions


               REITS                              

0.11%

          SUBTOTAL                        

0.11%

     Utility


               Other Utility                         

0.05%

          SUBTOTAL                           

0.05%

     SUBTOTAL                             

1.39%

     Emerging Markets - Sovereigns  

0.89%

     Local Governments - Municipal Bonds      

0.73%

     Commercial Mortgage-Backed Securities


          Non-Agency Fixed Rate CMBS               

0.71%







          SUBTOTAL                                      

0.71%

     Governments - Sovereign Bonds          

0.56%

     Preferred Stocks


               Financial Institutions                            

0.45%

               Non Corporate Sectors                           

0.01%

          SUBTOTAL                                             

0.46%

     Collateralized Mortgage Obligations


               Non-Agency Floating Rate                          

0.13%

               Non-Agency Fixed Rate                               

0.11%

     SUBTOTAL                                       

0.24%

     Governments - Sovereign Agencies       

0.23%

     Common Stocks                                   

0.03%

     Short-Term Investments


               Investment Companies                            

0.43%

     Total Fixed Income                                   

100.00%



Country Breakdown

Portfolio %



United States                          

87.88%

Russia                                      

2.21%

Brazil              

2.04%

Kazakhstan       

0.79%

Mexico                

0.68%

United Kingdom     

0.64%

Canada                   

0.59%

Argentina                  

0.41%

India                        

0.35%

Netherlands               

0.33%

Germany                     

0.33%

Luxembourg                  

0.33%

Indonesia                        

0.32%

Croatia                             

0.30%

Peru                                  

0.30%

Switzerland                          

0.23%

United Arab Emirates              

0.22%

France                                     

0.21%

El Salvador                                 

0.21%

Colombia                                      

0.21%

Romania                                         

0.19%

Venezuela                                        

0.19%

Hungary                                             

0.17%

Spain                                                   

0.15%

Barbados        

0.13%

Portugal            

0.12%

Norway               

0.12%

Belarus                 

0.11%

Australia                 

0.09%

China                       

0.08%

Hong Kong                 

0.07%

Total Investments          

100.00%







Net Currency Exposure Breakdown 

Portfolio %



     United States Dollar                          

104.17%

     Mexican Peso                                    

2.02%

     South Korean Won                               

0.50%

     Russian Rubles                                      

0.39%

     Great British Pound                                  

0.03%

     Brazilian Real                                            

0.03%

     Canadian Dollar           

-0.99%

     Euro                             

-2.30%

     Japanese Yen                 

-3.85%

     Total Investments              

100.00%



Credit Quality Breakdown

Portfolio %



     AAA                                 

69.48%

     AA                                     

0.59%

     A                                         

3.92%

     BBB                                      

11.39%

     BB                                          

8.80%

     B                

4.51%

     CCC             

0.37%

     CC                 

0.05%

     D                         

0.06%

     Not Rated               

0.40%

     Short Term Investments     

0.43%

     Total Investments               

100.00%



Portfolio Statistics:




     Average Coupon:                  

6.76%

     Average Bond Price :              

                         N/A

     Percentage of Leverage:


          Bank Borrowing:                       

0.00%

          Investment Operations:               

               45.60%*

          Preferred Stock:                           

0.00%

          Tender Option Bonds:                     

0.00%

          Term Asset-Backed Loans Facility (TALF):

0.00%

          Total Fund Leverage:           

45.60%

     Average Maturity:                  

                11.67 Years

     Effective Duration:                   

              7.16 Years

     Total Net Assets:                      

      $2,300.27 Million

     Net Asset Value:                        

$9.47

     Number of Holdings:                     

387

     Portfolio Turnover:                          

67%



* 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.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
For organizations that have amassed large sums of software complexity, taking a microservices approach is the first step toward DevOps and continuous improvement / development. Integrating system-level analysis with microservices makes it easier to change and add functionality to applications at any time without the increase of risk. Before you start big transformation projects or a cloud migration, make sure these changes won’t take down your entire organization.
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @CloudExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
Updating DevOps to the latest production data slows down your development cycle. Probably it is due to slow, inefficient conventional storage and associated copy data management practices. In his session at @DevOpsSummit at 20th Cloud Expo, Dhiraj Sehgal, in Product and Solution at Tintri, will talk about DevOps and cloud-focused storage to update hundreds of child VMs (different flavors) with updates from a master VM in minutes, saving hours or even days in each development cycle. He will also...
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
SYS-CON Events announced today that IoT Now has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. IoT Now explores the evolving opportunities and challenges facing CSPs, and it passes on some lessons learned from those who have taken the first steps in next-gen IoT services.
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
SYS-CON Events announced today that WineSOFT will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Based in Seoul and Irvine, WineSOFT is an innovative software house focusing on internet infrastructure solutions. The venture started as a bootstrap start-up in 2010 by focusing on making the internet faster and more powerful. WineSOFT’s knowledge is based on the expertise of TCP/IP, VPN, SSL, peer-to-peer, mob...
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, discussed the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports.
With billions of sensors deployed worldwide, the amount of machine-generated data will soon exceed what our networks can handle. But consumers and businesses will expect seamless experiences and real-time responsiveness. What does this mean for IoT devices and the infrastructure that supports them? More of the data will need to be handled at - or closer to - the devices themselves.
SYS-CON Events announced today that Dataloop.IO, an innovator in cloud IT-monitoring whose products help organizations save time and money, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Dataloop.IO is an emerging software company on the cutting edge of major IT-infrastructure trends including cloud computing and microservices. The company, founded in the UK but now based in San Fran...
Big Data, cloud, analytics, contextual information, wearable tech, sensors, mobility, and WebRTC: together, these advances have created a perfect storm of technologies that are disrupting and transforming classic communications models and ecosystems. In his session at @ThingsExpo, Erik Perotti, Senior Manager of New Ventures on Plantronics’ Innovation team, provided an overview of this technological shift, including associated business and consumer communications impacts, and opportunities it m...
The financial services market is one of the most data-driven industries in the world, yet it’s bogged down by legacy CPU technologies that simply can’t keep up with the task of querying and visualizing billions of records. In his session at 20th Cloud Expo, Jared Parker, Director of Financial Services at Kinetica, will discuss how the advent of advanced in-database analytics on the GPU makes it possible to run sophisticated data science workloads on the same database that is housing the rich inf...
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his Day 2 Keynote at @ThingsExpo, Henrik Kenani Dahlgren, Portfolio Marketing Manager at Ericsson, discussed how to plan to cooperate, partner, and form lasting all-star teams to change the...
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
"delaPlex is a software development company. We do team-based outsourcing development," explained Mark Rivers, COO and Co-founder of delaPlex Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.