Alliance New York Municipal Income Fund Releases Monthly Portfolio Update
August 23 2005 - 5:15PM
PR Newswire (US)
NEW YORK, Aug. 23 /PRNewswire-FirstCall/ -- Alliance New York
Municipal Income Fund, Inc. [NYSE: AYN] (the "Fund") today released
its monthly portfolio update as of July 31, 2005. Alliance New York
Municipal Income Fund, Inc. Top 10 Fixed-Income Holdings Portfolio%
1) NYS Mtg Agy AMT 5.450% (04/01/31) 9.61% 2) NY Metro Trans Auth
5.125% (11/15/31) 4.91% 3) New York State Dorm Auth MBIA 5.750%
(08/01/29) 4.83% 4) New York State UDC 5.250% (03/15/32) 4.69% 5)
NYC Trust Cultural Resources 5.125% (07/01/31) 4.47% 6) NYC Muni
Wtr Fin Auth 5.125% (06/15/34) 4.45% 7) Trib Brdg & Tunl Auth
NY 5.000% (01/01/32) 4.40% 8) Tobacco Settlement NY AMBAC As 5.250%
(06/01/21) 3.66% 9) New York NY Go Pre Re 5.500% (12/01/31) 3.33%
10) Suffolk Cnty NY Ser 98 AMT 5.500% (01/01/23) 3.18%
Industry/Sector Breakdown Portfolio% Hospital/Health Care 18.36%
Transportation 14.58% General Obligation 12.82% Housing-Mortgages
11.15% Special Tax 9.16% Water/SWR 6.24% Corporate - Utility
(Electric) 5.96% Higher Education 5.96% Cop/Lease Rental 3.66%
Housing-Rental Units 2.93% Continuing Care Facility 2.27% Community
Facility 2.05% Utility 1.70% Assessment District 1.44% Airport
Facility 0.88% Housing 0.58% Resource Recovery/Solid Waste 0.26%
Total: 100.00% Credit Quality Breakdown Portfolio% AAA 44.46% AA
23.30% A 19.89% BBB 6.39% BB 5.96% Total 100.00% Portfolio
Statistics Percentage of Leverage: Bank Loans: 0% Investment
Operations: 0.07% Preferred Stock: 37.67% Total: 37.74%* Avg.
Maturity: 23.51 Years Duration: 5.79 Years Total Net Assets: $119.4
Million Net Asset Value: $15.41 Number of Holdings: 45 * The total
percentage of leverage constitutes 37.67% in preferred stock, which
represents issued and outstanding preferred stock, and 0.07% 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 Alliance Capital Management L. P. DATASOURCE: Alliance New York
Municipal Income Fund, Inc. CONTACT: Shareholder Contact for
Alliance New York Municipal Income Fund, Inc., 1-800-221-5672 Web
site: http://www.alliancecapital.com/
Copyright