NEW YORK, March 23 /PRNewswire-FirstCall/ -- AllianceBernstein Income Fund, Inc. (NYSE: ACG) (the 'Fund') today released its monthly portfolio update as of February 28, 2009.
AllianceBernstein Income Fund, Inc.
Top 10 Fixed-Income Holdings
Portfolio %
1)U.S. Treasury Bonds 11.25%, 2/15/15 9.28%
2)U.S. Treasury STRIPS Zero Coupon, 5/15/17 7.27%
3)U.S. Treasury STRIPS Zero Coupon, 11/15/21 6.29%
4)Federal National Mortgage Association Series 6.09%
2008 4.50%, 3/01/38 - 4/01/38
5)U.S. Treasury Notes 4.00%, 6/15/09 - 3/15/10 5.52%
6)U.S. Treasury Notes 4.875%, 5/15/09 - 5.29%
8/15/16
7)Federal National Mortgage Association Series 3.82%
2008 5.50%, 1/01/37
8)U.S. Treasury Bonds 6.625%, 2/15/27 3.68%
9)Resolution Funding Corp. Series 1990 Zero 3.28%
Coupon, 10/15/20
10)Federal National Mortgage Association 5.375%, 2.49%
6/12/17
Security Type Breakdown
Portfolio %
Governments - Treasuries:
Treasuries 41.15%
Mortgage Pass-Thru's:
Agency Fixed Rate 30-Year 17.15%
Agency ARMS 5.98%
Non-Agency ARMS 0.15%
SUBTOTAL 23.28%
Agencies:
Agency Debentures 9.25%
Corporates - Investment Grades:
Industrial:
Energy 1.08%
Basic 0.86%
Capital Goods 0.44%
Communications - Telecommunications 0.44%
Transportation - Airlines 0.16%
Other Industrial 0.15%
Communications - Media 0.12%
Consumer Non-Cyclical 0.04%
Technology 0.02%
SUBTOTAL 3.31%
Financial Institutions:
Banking 1.69%
Finance 0.42%
Insurance 0.10%
Other Finance 0.01%
SUBTOTAL 2.22%
Non Corporate Sectors:
Agencies - Not Government Guaranteed 0.44%
SUBTOTAL 0.44%
SUBTOTAL 5.97%
Inflation-Linked Securities 4.14%
Commercial Mortgage-Backed Securities:
Non-Agency Fixed Rate CMBS 3.46%
SUBTOTAL 3.46%
Corporates - Non-Investment Grades:
Industrial:
Communications - Telecommunications 0.69%
Basic 0.52%
Communications - Media 0.26%
Other Industrial 0.23%
Consumer Cyclical - Retailers 0.15%
Capital Goods 0.15%
Consumer Non-Cyclical 0.11%
Consumer Cyclical - Other 0.07%
Consumer Cyclical - Automotive 0.04%
SUBTOTAL 2.22%
Financial Institutions:
Finance 0.35%
Insurance 0.14%
Banking 0.06%
Brokerage 0.02%
SUBTOTAL 0.57%
SUBTOTAL 2.79%
Bank Loans:
Industrial:
Consumer Non-Cyclical 0.40%
Basic 0.35%
Communications - Media 0.29%
Communications - Telecommunications 0.28%
Technology 0.15%
Consumer Cyclical - Other 0.15%
Energy 0.10%
Capital Goods 0.06%
Consumer Cyclical - Retailers 0.05%
Services 0.04%
Consumer Cyclical - Automotive 0.03%
SUBTOTAL 1.90%
Utility:
Electric 0.21%
Other Utility 0.02%
SUBTOTAL 0.23%
Financial Institutions:
Finance 0.09%
Other Finance 0.02%
REITS 0.01%
SUBTOTAL 0.12%
Non-Investment Grade Loans 0.03%
SUBTOTAL 2.28%
Quasi-Sovereigns:
Quasi-Sovereign Bonds 1.39%
Emerging Markets - Treasuries:
Non Corporate Sectors:
Treasuries 1.36%
SUBTOTAL 1.36%
Emerging Markets - Sovereigns:
Non Corporate Sectors:
Sovereign 1.34%
SUBTOTAL 1.34%
Governments - Sovereign Bonds 0.48%
Emerging Markets - Non-Investment Grades:
Non Corporate Sectors:
Sovereign 0.28%
SUBTOTAL 0.28%
Emerging Markets - Corporate Bonds:
Financial Institutions:
Banking 0.01%
SUBTOTAL 0.01%
Utility:
Electric 0.01%
SUBTOTAL 0.01%
Industrial:
Consumer Non-Cyclical 0.01%
SUBTOTAL 0.01%
SUBTOTAL 0.03%
Non-Convertible - Preferred Stocks:
Financial Institutions 0.02%
CMOs:
Agency Fixed Rate 0.01%
Short-Term Investments:
Investment Companies 2.77%
Total 100.00%
Country Breakdown
Portfolio %
United States 88.88%
Russia 3.04%
Brazil 2.32%
Turkey 1.31%
Indonesia 0.97%
Colombia 0.56%
Peru 0.49%
United Kingdom 0.48%
Kazakhstan 0.36%
Hong Kong 0.31%
Bermuda 0.30%
Venezuela 0.21%
India 0.19%
Australia 0.17%
Canada 0.14%
Panama 0.10%
Argentina 0.05%
Austria 0.05%
Switzerland 0.05%
El Salvador 0.01%
South Africa 0.01%
Total 100.00%
Credit Quality Breakdown
Portfolio %
AAA 79.31%
AA 0.37%
A 3.42%
BBB 5.80%
BB 6.04%
B 1.28%
CCC 0.94%
CC 0.03%
C 0.02%
D 0.02%
A-1+ 2.77%
Total Investments 100.00%
Portfolio Statistics
Percentage of Leverage:
Bank Loans: 14.67%
Investment Operations: 20.89%
Preferred Stock: 0%
Total: 35.56%*
Avg. Maturity: 7.06 Years
Duration:
Corporate 4.78 yrs
Non Dollar Government 5.18 yrs
Emerging Market 5.38 yrs
US Treasury 4.54 yrs
High Yield 1.61 yrs
Total Portfolio: 3.23 Years
Total Net Assets: $1,757.8 Million
Net Asset Value: $7.24
Number of Holdings: 330
* The total percentage of leverage constitutes 14.67% in bank loans
and 20.89% 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.
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.
