AllianceBernstein National Municipal Income Fund, Inc. RELEASES MONTHLY PORTFOLIO UPDATE
Top 10 |
|
Portfolio % |
1) Lamar Consolidated Independent School District Series 2023-A 5.00%, |
|
2.75 % |
2) City of New Orleans LA Series 2021-A 5.00%, |
|
2.72 % |
3) Prosper Independent School District Series 2024 4.00%, |
|
2.43 % |
4) Melissa Independent School District Series 2023 4.25%, |
|
2.16 % |
5) Dallas Independent School District Series 2024 4.00%, |
|
1.93 % |
6) City of New York NY Series 2023 4.125%, |
|
1.88 % |
7) |
|
1.88 % |
8) Denton Independent School District Series 2023 5.00%, |
|
1.86 % |
9) Commonwealth of Massachusetts Series 2023 5.00%, |
|
1.84 % |
10) Wisconsin Public Finance Authority Series 2018 5.00%, |
|
1.75 % |
Sector/Industry Breakdown |
|
Portfolio % |
Revenue |
|
|
Health Care - Not-for-Profit |
|
13.67 % |
Prepay Energy |
|
7.37 % |
Revenue - Miscellaneous |
|
6.20 % |
Airport |
|
5.35 % |
Electric Utility |
|
3.12 % |
Higher Education - Private |
|
2.99 % |
Toll Roads/Transit |
|
2.92 % |
|
|
2.81 % |
Tobacco Securitization |
|
1.92 % |
Port |
|
1.45 % |
Primary/Secondary Ed. - Public |
|
1.33 % |
Water & Sewer |
|
1.13 % |
|
|
0.53 % |
Senior Living |
|
0.24 % |
SUBTOTAL |
|
51.03 % |
Tax Supported |
|
|
Local G.O. |
|
15.86 % |
State G.O. |
|
7.61 % |
Special Tax |
|
6.82 % |
State Lease |
|
0.59 % |
|
|
0.18 % |
SUBTOTAL |
|
31.06 % |
Insured/Guaranteed |
|
|
Guaranteed |
|
13.25 % |
SUBTOTAL |
|
13.25 % |
Prerefunded/ETM |
|
2.32 % |
|
|
1.24 % |
Asset-Backed |
|
|
Housing - Multi-Family |
|
0.97 % |
SUBTOTAL |
|
0.97 % |
Cash & Cash Equivalents |
|
|
Funds and Investment Trusts |
|
0.13 % |
SUBTOTAL |
|
0.13 % |
Total |
|
100.00 % |
State Breakdown |
|
Portfolio % |
|
|
16.28 % |
|
|
10.12 % |
|
|
6.24 % |
|
|
6.01 % |
|
|
5.72 % |
|
|
5.50 % |
|
|
4.95 % |
|
|
4.89 % |
|
|
4.42 % |
|
|
3.75 % |
|
|
3.10 % |
|
|
2.92 % |
|
|
2.21 % |
|
|
2.05 % |
|
|
2.00 % |
|
|
1.97 % |
|
|
1.93 % |
|
|
1.91 % |
|
|
1.66 % |
|
|
1.64 % |
|
|
1.53 % |
|
|
1.52 % |
|
|
1.24 % |
|
|
0.90 % |
|
|
0.88 % |
|
|
0.77 % |
|
|
0.68 % |
|
|
0.55 % |
|
|
0.48 % |
|
|
0.43 % |
|
|
0.38 % |
|
|
0.35 % |
|
|
0.22 % |
|
|
0.19 % |
|
|
0.18 % |
|
|
0.13 % |
|
|
0.10 % |
|
|
0.07 % |
Other |
|
0.13 % |
Total Investments |
|
100.00 % |
Credit Quality Breakdown |
|
Portfolio % |
|
|
16.63 % |
AA |
|
29.84 % |
A |
|
29.48 % |
BBB |
|
17.37 % |
BB |
|
2.79 % |
B |
|
0.31 % |
CCC |
|
0.11 % |
D |
|
0.23 % |
Not Rated |
|
0.79 % |
Pre-refunded Bonds |
|
2.32 % |
Short Term Investments |
|
0.13 % |
Total |
|
100.00 % |
Bonds by Maturity |
|
Portfolio % |
Less than 1 Year |
|
1.78 % |
1 To 5 Years |
|
2.16 % |
5 To 10 Years |
|
6.15 % |
10 To 20 Years |
|
21.74 % |
20 To 30 Years |
|
56.89 % |
More than 30 Years |
|
11.28 % |
Other |
|
0.00 % |
Total Net Assets |
|
100.00 % |
Portfolio Statistics: |
|
|
AMT Percent: |
|
11.40 % |
Average Coupon: |
|
4.52 % |
Percentage of Leverage: |
|
|
Bank Borrowing: |
|
0.00 % |
Investment Operations: |
|
0.36 % |
Auction Preferred Shares (APS): |
|
0.00 % |
Tender Option Bonds: |
|
0.00 % |
VMTP Shares: |
|
40.25 % |
Total Fund Leverage: |
|
40.61% * |
Average Maturity: |
|
12.08 Years |
Effective Duration: |
|
8.28 Years |
Total Net Assets: |
|
|
Common Stock Net Asset Value: |
|
|
Total Number of Holdings: |
|
167 |
Portfolio Turnover: |
|
55.00 % |
* The total percentage of leverage constitutes 0.00% through the use of tender option bonds, 40.25% in issued and outstanding VMTPs and 0.36% 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 Fund also had outstanding
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-302155400.html
SOURCE