NEW YORK, Oct. 31, 2012 /PRNewswire/ -- Alliance New
York Municipal Income Fund, Inc. (NYSE: AYN) (the "Fund") today
released its monthly portfolio update as of September 30, 2012.
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Alliance
New York Municipal Income Fund, Inc.
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Top 10
Fixed-Income Holdings
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Portfolio
%
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1) Port Authority of NY &
NJ 5.00%,
10/01/27
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4.97%
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2) Metropolitan Trnsp Auth NY Series
02A 5.125%, 11/15/31
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4.75%
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3) New York St Dormitory Auth
(Maimonides Med Ctr)
NPFGC Series 04 5.75%,
8/01/29
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4.57%
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4) Erie Cnty NY Fiscal Stability Auth
(Erie Cnty Ny Sales Tax)
Series 2011C 5.00%,
12/01/25
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4.18%
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5) New York St Thruway Auth (New
York St Thruway Auth
Ded Tax) Series 2011A 5.00%,
4/01/25
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4.14%
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6) Puerto Rico Sales Tax Fin
Corp. Series 2009A
5.50%,
8/01/28
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3.84%
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7) Tobacco Settlement Fin Corp. NY (New
York St Lease
Tobacco Asset Sec) AMBAC Series
03A-1 5.25%, 6/01/21
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3.55%
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8) New York St Envrn Fac
Corp. 5.00%,
8/15/24
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3.23%
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9) New York St Thruway Auth (New
York St Pers Income Tax)
Series 2011A 5.00%,
3/15/26
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3.12%
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10) New York NY Trnsl Fin Auth Series
2002B 5.00%, 2/01/27
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3.09%
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Sector/Industry Breakdown
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Portfolio
%
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Tax Supported
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Special Tax
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32.13%
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Local G.O.
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12.55%
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Tax-Supported State Lease
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7.34%
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State G.O.
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2.35%
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Assessment District
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0.42%
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SUBTOTAL
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54.79%
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Revenue
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Water & Sewer
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10.43%
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Toll Roads/Transit
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9.15%
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Health Care - Not-for-Profit
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8.48%
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Airport
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4.97%
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Higher Education - Private
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3.65%
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Electric Utility
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1.98%
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Senior Living
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1.70%
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Industrial Development - Utility
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0.21%
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Industrial Development - Airline
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0.18%
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SUBTOTAL
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40.75%
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Asset-Backed
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Housing - Multi-Family
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1.81%
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Housing - Single Family
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1.23%
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SUBTOTAL
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3.04%
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Prerefunded/ETM
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0.94%
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Cash Equivalents
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Investment Companies
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0.48%
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SUBTOTAL
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0.48%
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Total
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100.00%
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State Breakdown
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Portfolio
%
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New York
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91.15%
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Puerto Rico
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6.59%
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California
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0.88%
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Colorado
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0.42%
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Illinois
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0.27%
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Ohio
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0.21%
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Other
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0.48%
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Total Investments
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100.00%
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Credit Quality Breakdown
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Portfolio
%
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AAA
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28.72%
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AA
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46.18%
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A
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13.49%
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BBB
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9.09%
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Not Rated
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1.10%
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Pre-refunded Bonds
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0.94%
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Short Term Investments
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0.48%
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Total Investments
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100.00%
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Portfolio Statistics:
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AMT Percentage:
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11.80%
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Average Coupon:
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5.37%
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Percentage of Leverage:
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Bank Borrowing:
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0.00%
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Investment Operations:
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0.00%
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Preferred Stock:
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35.96%
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Tender Option Bonds:
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3.70%
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Term Asset-Backed Loans Facility (TALF):
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0.00%
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Total Fund Leverage:
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39.66%*
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Average Effective Maturity:
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6.13
Years
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Effective Duration:
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5.29
Years
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Total Net Assets:
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$113.46
Million**
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Common Stock Net Asset Value:
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$15.03
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Number of Holdings:
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65
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Portfolio Turnover:
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15%
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* The total percentage of leverage constitutes 3.70% through the
use of tender option bonds, 35.96% in issued and outstanding
preferred stock and 0.00% 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.
** Includes 40,800,000 of preferred stock at liquidation
value.
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 Alliance New York Municipal Income Fund, Inc.