NEW YORK, Oct. 23 /PRNewswire-FirstCall/ -- Alliance California Municipal Income Fund, Inc. (NYSE:AKP) (the "Fund") today released its monthly portfolio update as of September 30, 2009. Alliance California Municipal Income Fund, Inc. Top 10 Fixed-Income Holdings Portfolio% 1)Los Angeles CA USD GO MBIA Series 02E 5.125%, 5.50% 1/01/27 (Prerefunded/ETM) 2)Los Angeles CA Dept W&P Pwr MBIA-RE Series 5.01% 01A 5.125%, 7/01/41 3)California GO 5.25%, 4/01/30 4.84% (Prerefunded/ETM) 4)Palo Alto CA Univ Ave AD Series 02A 5.875%, 3.69% 9/02/30 5)Puerto Rico Hwy & Trnsp Auth Series 02D 3.55% 5.375%, 7/01/36 (Prerefunded/ETM) 6)Puerto Rico Elec Pwr Auth XLCA Series 02-2 3.33% 5.25%, 7/01/31 (Prerefunded/ETM) 7)Los Angeles CA Cmnty Redev Agy (Los Angeles 3.28% CA CRA Grand Ctrl) AMBAC Series 02 5.375%, 12/01/26 8)California Infra & Eco Dev Bk (YMCA of Metro 3.11% Los Angeles) AMBAC Series 01 5.25%, 2/01/32 9)Los Angeles CA Harbor Dept 5.00%, 8/01/26 3.00% 10)Temecula CA Redev Agy MBIA Series 02 5.25%, 2.91% 8/01/36 Sector/Industry Breakdown Portfolio% Prerefunded/ETM 22.90% Special Tax 11.76% Health Care - Not-for-Profit 7.82% Airport/Ports 7.17% Tax-Supported Local Lease 6.79% Higher Education 6.51% Water & Sewer 6.18% Housing - Multi-Family 5.14% Revenue - Miscellaneous 4.99% Assessment District 4.73% State G.O. 3.80% Local G.O. 3.55% Toll Roads/Transit 3.26% Tax-Supported State Lease 2.03% Insured 1.55% Primary/Secondary Ed. - Private 1.09% Higher Education - Private 0.73% Total 100.00% State Breakdown Portfolio% California 90.15% Puerto Rico 8.47% Nevada 1.02% Ohio 0.22% Colorado 0.14% Total 100.00% Credit Quality Breakdown Portfolio% AAA 41.11% AA 22.50% A 25.79% BBB 9.15% BB 1.45% Total Investments 100.00% Portfolio Statistics AMT Percentage: 16.54% Average Coupon: 5.01% Percentage of Leverage: Bank Loans: 0.00% Investment Operations: 3.46% Preferred Stock: 26.09% Total Fund Leverage: 29.55%* Avg. Maturity: 15.10 Years Effective Duration: 6.00 Years Total Net Assets: $195.9 Million Net Asset Value: $14.45 Number of Holdings: 67 * The total percentage of leverage constitutes 26.09% in issued and outstanding preferred stock and 3.46% in investment operations, which may include the use of certain portfolio management techniques such as tender option bonds, 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. DATASOURCE: Alliance California Municipal Income Fund, Inc. CONTACT: Shareholder Contact:, +1-800-221-5672

Copyright