Alliance New York Municipal Income Fund Releases Monthly Portfolio Update
November 29 2004 - 4:15PM
PR Newswire (US)
Alliance New York Municipal Income Fund Releases Monthly Portfolio
Update New York, Nov. 29 /PRNewswire-FirstCall/ -- Alliance New
York Municipal Income Fund, Inc. [NYSE: AYN] (the "Fund") today
released its monthly portfolio update as of October 31, 2004.
Alliance New York Municipal Income Fund, Inc. Top 10 Fixed-Income
Holdings Portfolio% 1) NYS Mtg Agy AMT 5.450% (04/01/31) 9.57% 2)
NY Metro Trans Auth 5.125% (11/15/31) 4.83% 3) New York State Dorm
Auth MBIA 5.750% (08/01/29) 4.79% 4) NYC Trust Cultural Resources
5.125% (07/01/31) 4.44% 5) New York State UDC 5.250% (03/15/32)
4.42% 6) NYC Muni Wtr Fin Auth 5.125% (06/15/34) 4.41% 7) Trib Brdg
& Tunl Auth NY 5.000% (01/01/32) 4.36% 8) Tobacco Settlement NY
AMBAC As 5.250% (06/01/21) 3.70% 9) New York NY Go Pre Re 5.500%
(12/01/31) 3.46% 10) Suffolk Cnty NY Ser 98 AMT 5.500% (01/01/23)
3.06% Industry/Sector Breakdown Portfolio% Hospital/Health Care
18.30% Transportation 14.29% Housing-Mortgages 11.15% General
Obligation 10.90% Special Tax 9.93% Water/SWR 6.17% Higher
Education 5.93% Corporate - Utility (Electric) 5.81% Cop/Lease
Rental 3.70% Housing-Rental Units 2.94% Continuing Care Facility
2.38% Community Facility 2.07% Utility 1.58% Assessment District
1.45% Airport Facility 0.87% Short-term: 2.53% Total: 100.00% Bond
Rating Portfolio% AAA 41.15% AA 24.27% A 22.75% BBB 3.43% BB 8.40%
Total 100.00% Percentage of Leverage: Bank Loans: 0% Investment
Operations: 0.03% Preferred Stock: 38.52% Total: 38.55%(*) Avg.
Maturity: 23.52 Years Duration: 10.16 Years Total Net Assets:
$117.9 Million Net Asset Value: $15.10 Number of Holdings: 47 (*)
The total percentage of leverage constitutes 38.52% in preferred
stock, which represents issued and outstanding preferred stock, and
0.03% 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: Shareholders of Alliance New
York Municipal Income Fund, Inc., 1-800-221-5672 Web site:
http://www.alliancecapital.com/
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