AllianceBernstein National Municipal Income Fund Releases Monthly Portfolio Update
Wed Sep 23, 4:06 PM
NEW YORK, Sept. 23 /PRNewswire-FirstCall/ -- AllianceBernstein National Municipal Income Fund, Inc. (NYSE: AFB) (the "Fund") today released its monthly portfolio update as of August 31, 2009.
AllianceBernstein National Municipal Income Fund, Inc.
Top 10 Fixed-Income Holdings
Portfolio %
1) Texas Transp Commission Series 07 5.00%, 3.41%
4/01/23
2) Chicago IL O'hare Intl Arpt (O'hare Intl 2.07%
Arpt) MBIA Series A 5.375%, 1/01/32
3) Clark Cnty NV Arpt FGIC Series 01B 5.25%, 1.96%
7/01/34 (Prerefunded/ETM)
4) Wisconsin Hlth & Ed Fac Auth (Ministry 1.85%
Health Care, Inc.) MBIA Series 02A 5.25%,
5) Univ of Illinois FSA Series 07A 5.25%, 10/01/26 1.71%
6) Indianapolis IN Loc Bond Bank MBIA Series 2A 1.70%
5.25%, 7/01/33 (Prerefunded/ETM)
7) Bexar Cnty TX HFC MFHR (Doral Club & Sutton 1.59%
House Apts) MBIA Series 01A 5.55%, 10/01/36
8) Chicago IL GO FGIC Series 00C 5.50%, 1/01/40 1.47%
(Prerefunded/ETM)
9) Twenty Fifth Ave Pptys WA (Univ of WA Dorm 1.44%
25th Ave) MBIA Series 02 5.25%, 6/01/33
10) Los Angeles CA Regl Arpts (Laxfuel 1.36%
Corporation) AMBAC Series 01 5.50%, 1/01/32
Sector/Industry Breakdown
Portfolio %
Prerefunded/ETM 16.09%
Health Care - Not-for-Profit 10.92%
Airport/Ports 6.39%
Insured 6.31%
Local G.O. 6.11%
State G.O. 4.38%
Higher Education 4.27%
Revenue - Miscellaneous 3.87%
Special Tax 3.60%
Assessment District 3.53%
Transportation 3.41%
Housing - Multi-Family 3.08%
Housing - Single Family 2.64%
Tax-Supported Local Lease 2.49%
Guaranteed 2.34%
Industrial Development - Utility 2.27%
Industrial Development - Industry 2.20%
Higher Education - Public 2.14%
Tax-Supported State Lease 2.08%
Water & Sewer 1.87%
Money Market 1.72%
Prepay Energy 1.64%
Higher Education - Private 1.44%
Industrial Development - Airline 1.36%
Health Care - Municipal 1.26%
Student Loan 1.18%
Electric Utility 0.97%
Primary/Secondary Ed. - Public 0.44%
Total 100.00%
State Breakdown
Portfolio %
Texas 18.80%
Illinois 11.19%
Florida 9.00%
California 8.70%
Nevada 4.05%
Wisconsin 3.62%
Alabama 3.29%
Washington 3.15%
New York 2.98%
Michigan 2.91%
Indiana 2.73%
Colorado 2.61%
Louisiana 2.57%
Tennessee 2.52%
Massachusetts 2.52%
Ohio 2.00%
Pennsylvania 1.69%
South Carolina 1.61%
Alaska 1.58%
Puerto Rico 1.38%
Virginia 1.18%
Arizona 1.01%
Georgia 0.92%
New Jersey 0.89%
New Hampshire 0.84%
Rhode Island 0.82%
Mississippi 0.73%
North Carolina 0.65%
Hawaii 0.64%
Oregon 0.64%
North Dakota 0.57%
District of Columbia 0.54%
Missouri 0.51%
Arkansas 0.37%
Minnesota 0.31%
Utah 0.23%
Kansas 0.16%
Iowa 0.09%
Total 100.00%
Credit Quality Breakdown
Portfolio %
AAA 38.40%
AA 18.94%
A 24.31%
BBB 14.35%
BB 3.40%
B 0.31%
CCC 0.29%
Total Investments 100.00%
Portfolio Statistics:
AMT Percentage: 20.79%
Average Coupon: 5.16%
Percentage of Leverage:
Bank Loans: 0.00%
Investment Operations: 5.17%
Preferred Stock: 26.70%
Total Fund Leverage: 31.87%*
Avg. Maturity: 11.86 Years
Duration: 7.71 Years
Total Net Assets: $618.1 Million
Net Asset Value: $13.11
Number of Holdings: 219
* The total percentage of leverage constitutes 26.70% in issued and outstanding preferred stock and 5.17% 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.
SOURCE AllianceBernstein National Municipal Income Fund, Inc.
158.94 (1.43%)
