AllianceBernstein National Municipal Income Fund, Inc. RELEASES MONTHLY PORTFOLIO UPDATE
AllianceBernstein National Municipal Income Fund, Inc. | ||
Top 10 Fixed-Income Holdings | Portfolio % | |
1) City of New Orleans LA Series 2021-A | 2.79 % | |
2) Melissa Independent School District Series 2023 | 2.03 % | |
3) Denton Independent School District Series 2023 | 1.89 % | |
4) Commonwealth of Massachusetts Series 2023 | 1.88 % | |
5) City of New York NY Series 2023 | 1.78 % | |
6) | 1.75 % | |
7) Wisconsin Public Finance Authority Series 2018 | 1.74 % | |
8) Detroit Downtown Development Authority Series 2018-A | 1.73 % | |
9) Tobacco Settlement Financing Corp./NJ Series 2018-A | 1.64 % | |
10) City of El Paso TX Series 2021-C | 1.60 % | |
Sector/Industry Breakdown | Portfolio % | |
Revenue | ||
Health Care - Not-for-Profit | 14.52 % | |
Revenue - Miscellaneous | 7.61 % | |
Airport | 7.41 % | |
Prepay Energy | 5.75 % | |
Toll Roads/Transit | 4.82 % | |
Higher Education - Private | 3.29 % | |
Electric Utility | 3.24 % | |
Industrial Development - Industry | 2.81 % | |
Tobacco Securitization | 2.09 % | |
Primary/Secondary Ed. - Public | 1.75 % | |
Port | 0.86 % | |
Industrial Development - Utility | 0.56 % | |
Water & Sewer | 0.42 % | |
Senior Living | 0.23 % | |
SUBTOTAL | 55.36 % | |
Tax Supported | ||
Local G.O. | 18.07 % | |
State G.O. | 7.93 % | |
Special Tax | 7.68 % | |
State Lease | 0.61 % | |
Assessment District | 0.18 % | |
SUBTOTAL | 34.47 % | |
Insured/Guaranteed | ||
Guaranteed | 4.38 % | |
SUBTOTAL | 4.38 % | |
Commercial Mortgage-Backed Securities | 2.24 % | |
Cash & Cash Equivalents | ||
Funds and Investment Trusts | 1.81 % | |
SUBTOTAL | 1.81 % | |
Prerefunded/ETM | 1.74 % | |
Total | 100.00 % | |
State Breakdown | Portfolio % | |
10.17 % | ||
10.08 % | ||
7.09 % | ||
6.92 % | ||
6.77 % | ||
5.89 % | ||
5.62 % | ||
5.15 % | ||
4.94 % | ||
3.20 % | ||
3.00 % | ||
2.85 % | ||
2.44 % | ||
2.33 % | ||
2.05 % | ||
1.91 % | ||
1.90 % | ||
1.67 % | ||
1.58 % | ||
1.55 % | ||
1.53 % | ||
1.47 % | ||
1.39 % | ||
1.37 % | ||
1.25 % | ||
0.98 % | ||
0.68 % | ||
0.45 % | ||
0.39 % | ||
0.36 % | ||
0.35 % | ||
0.19 % | ||
0.18 % | ||
0.16 % | ||
0.13 % | ||
0.10 % | ||
0.07 % | ||
0.03 % | ||
Other | 1.81 % | |
Total Investments | 100.00 % | |
Credit Quality Breakdown | Portfolio % | |
AAA | 7.89 % | |
AA | 32.41 % | |
A | 32.67 % | |
BBB | 18.17 % | |
BB | 3.59 % | |
B | 0.57 % | |
CCC | 0.12 % | |
D | 0.24 % | |
Not Rated | 0.79 % | |
Pre-refunded Bonds | 1.74 % | |
Short Term Investments | 1.81 % | |
Total | 100.00 % | |
Bonds by Maturity | Portfolio % | |
Less than 1 Year | 3.49 % | |
1 To 5 Years | 1.33 % | |
5 To 10 Years | 9.97 % | |
10 To 20 Years | 22.45 % | |
20 To 30 Years | 49.89 % | |
More than 30 Years | 12.87 % | |
Other | 0.00 % | |
Total Net Assets | 100.00 % | |
Portfolio Statistics: | ||
AMT Percent: | 13.71 % | |
Average Coupon: | 4.47 % | |
Percentage of Leverage: | ||
Bank Borrowing: | 0.00 % | |
Investment Operations: | 0.00 % | |
Auction Preferred Shares (APS): | 0.00 % | |
Tender Option Bonds: | 0.00 % | |
VMTP Shares: | 43.25 % | |
Total Fund Leverage: | ||
Average Maturity: | 16.99 Years | |
Effective Duration: | 10.54 Years | |
Total Net Assets: | ||
Common Stock Net Asset Value: | ||
Total Number of Holdings: | 176 | |
Portfolio Turnover: | 18.00 % |
* The total percentage of leverage constitutes | ||
in issued and outstanding VMTPs and | ||
certain portfolio management techniques such as credit default swaps, dollar rolls, negative cash, | ||
reverse repurchase agreements and when-issued securities. | ||
** The Fund also had outstanding | ||
in Total Net Assets because it is treated as a liability for financial reporting purposes. | ||
The foregoing portfolio characteristics are as of the date indicated and can be expected to change. The | ||
Fund is a closed-end | ||
View original content:https://www.prnewswire.com/news-releases/alliancebernstein-national-municipal-income-fund-inc-releases-monthly-portfolio-update-301999627.html
SOURCE AllianceBernstein National Municipal Income Fund, Inc.
