AllianceBernstein National Municipal Income Fund, Inc. RELEASES MONTHLY PORTFOLIO UPDATE
Top 10 | Portfolio % | |
1) | 1.79 % | |
2) City of El Paso TX Series 2021-C | 1.78 % | |
3) Wisconsin Public Finance Authority Series 2018 | 1.77 % | |
4) | 1.72 % | |
5) Detroit Downtown Development Authority Series 2018-A | 1.71 % | |
6) Wisconsin Public Finance Authority Series 2022 | 1.68 % | |
7) | 1.68 % | |
8) | 1.59 % | |
9) Virginia Small Business Financing Authority Series 2022 | 1.58 % | |
10) | 1.51 % | |
Sector/Industry Breakdown | Portfolio % | |
Revenue | ||
Health Care - Not-for-Profit | 19.24 % | |
Airport | 9.18 % | |
Revenue - Miscellaneous | 7.82 % | |
Toll Roads/Transit | 6.25 % | |
Higher Education - Private | 2.99 % | |
Tobacco Securitization | 2.87 % | |
2.73 % | ||
Electric Utility | 2.72 % | |
Prepay Energy | 2.41 % | |
Primary/Secondary Ed. - Public | 2.29 % | |
Water & Sewer | 1.07 % | |
Port | 0.86 % | |
0.52 % | ||
Senior Living | 0.23 % | |
SUBTOTAL | 61.18 % | |
Tax Supported | ||
Special Tax | 10.00 % | |
Local G.O. | 9.70 % | |
State G.O. | 7.45 % | |
State Lease | 1.22 % | |
SUBTOTAL | 28.37 % | |
Prerefunded/ETM | 8.08 % | |
1.62 % | ||
Insured/Guaranteed | ||
Guaranteed | 0.50 % | |
SUBTOTAL | 0.50 % | |
Cash & Cash Equivalents | ||
Funds and Investment Trusts | 0.25 % | |
SUBTOTAL | 0.25 % | |
Total | 100.00 % | |
State Breakdown | Portfolio % | |
11.69 % | ||
8.35 % | ||
8.10 % | ||
7.51 % | ||
6.12 % | ||
5.92 % | ||
5.74 % | ||
5.49 % | ||
5.12 % | ||
3.14 % | ||
2.69 % | ||
2.32 % | ||
2.21 % | ||
2.01 % | ||
1.95 % | ||
1.75 % | ||
1.72 % | ||
1.66 % | ||
1.53 % | ||
1.53 % | ||
1.49 % | ||
1.45 % | ||
1.28 % | ||
1.22 % | ||
1.03 % | ||
0.98 % | ||
0.89 % | ||
0.87 % | ||
0.81 % | ||
0.67 % | ||
0.52 % | ||
0.49 % | ||
0.49 % | ||
0.35 % | ||
0.20 % | ||
0.13 % | ||
0.13 % | ||
0.10 % | ||
0.07 % | ||
0.03 % | ||
Other | 0.25 % | |
Total Investments | 100.00 % | |
Credit Quality Breakdown | Portfolio % | |
3.23 % | ||
AA | 30.24 % | |
A | 33.95 % | |
BBB | 19.55 % | |
BB | 2.30 % | |
B | 0.81 % | |
D | 0.22 % | |
Not Rated | 0.33 % | |
Pre-refunded Bonds | 8.08 % | |
Short Term Investments | 1.29 % | |
Total | 100.00 % | |
Bonds by Maturity | Portfolio % | |
Less than 1 Year | 6.65 % | |
1 To 5 Years | 7.26 % | |
5 To 10 Years | 9.34 % | |
10 To 20 Years | 24.39 % | |
20 To 30 Years | 40.44 % | |
More than 30 Years | 11.92 % | |
Other | 0.00 % | |
Total Net Assets | 100.00 % | |
Portfolio Statistics: | ||
AMT Percent: | 15.17 % | |
Average Coupon: | 4.62 % | |
Percentage of Leverage: | ||
Bank Borrowing: | 0.00 % | |
Investment Operations: | 0.00 % | |
Auction Preferred Shares (APS): | 0.00 % | |
Tender Option Bonds: | 0.00 % | |
VMTP Shares: | 39.62 % | |
Total Fund Leverage: | ||
Average Maturity: | 9.24 Years | |
Effective Duration: | 6.60 Years | |
Total Net Assets: | ||
Common Stock Net Asset Value: | ||
Total Number of Holdings: | 189 | |
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
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