AllianceBernstein National Municipal Income Fund, Inc. RELEASES MONTHLY PORTFOLIO UPDATE
Top 10 |
|
Portfolio % |
1) Lamar Consolidated Independent School District Series 2024-2 5.00%, |
|
2.73 % |
2) City of New Orleans LA Series 2021-A 5.00%, |
|
2.67 % |
3) Prosper Independent School District Series 2024 4.00%, |
|
2.41 % |
4) Greenwood Independent School District Series 2024 4.00%, |
|
2.27 % |
5) Melissa Independent School District Series 2024-2 4.25%, |
|
2.15 % |
6) Dallas Independent School District Series 2024-2 4.00%, |
|
1.95 % |
7) City of New York NY Series 2023 4.125%, |
|
1.89 % |
8) |
|
1.87 % |
9) Denton Independent School District Series 2024-2 5.00%, |
|
1.85 % |
10) Commonwealth of Massachusetts Series 2024-2 5.00%, |
|
1.82 % |
|
|
|
Sector/Industry Breakdown |
|
Portfolio % |
Revenue |
|
|
Health Care - Not-for-Profit |
|
12.72 % |
Prepay Energy |
|
7.30 % |
Revenue - Miscellaneous |
|
6.10 % |
Airport |
|
4.84 % |
Toll Roads/Transit |
|
3.29 % |
Electric Utility |
|
3.10 % |
Higher Education - Private |
|
3.03 % |
|
|
2.89 % |
Tobacco Securitization |
|
1.89 % |
|
|
1.76 % |
Port |
|
1.50 % |
Primary/Secondary Ed. - Public |
|
1.33 % |
Water & Sewer |
|
0.91 % |
Senior Living |
|
0.61 % |
|
|
0.52 % |
SUBTOTAL |
|
51.79 % |
Tax Supported |
|
|
Local G.O. |
|
15.74 % |
State G.O. |
|
7.25 % |
Special Tax |
|
5.44 % |
State Lease |
|
0.58 % |
|
|
0.18 % |
SUBTOTAL |
|
29.19 % |
Guaranteed |
|
15.47 % |
Prerefunded/ETM |
|
2.23 % |
Asset-Backed |
|
|
Housing - Multi-Family |
|
1.24 % |
SUBTOTAL |
|
1.24 % |
Cash & Cash Equivalents |
|
|
Funds and Investment Trusts |
|
0.08 % |
SUBTOTAL |
|
0.08 % |
Total |
|
100.00 % |
|
|
|
State Breakdown |
|
Portfolio % |
|
|
18.33 % |
|
|
9.78 % |
|
|
7.30 % |
|
|
6.77 % |
|
|
6.13 % |
|
|
5.50 % |
|
|
4.87 % |
|
|
3.89 % |
|
|
3.71 % |
|
|
3.49 % |
|
|
3.32 % |
|
|
2.87 % |
|
|
2.33 % |
|
|
2.18 % |
|
|
1.98 % |
|
|
1.92 % |
|
|
1.89 % |
|
|
1.61 % |
|
|
1.54 % |
|
|
1.20 % |
|
|
1.13 % |
|
|
1.10 % |
|
|
0.90 % |
|
|
0.88 % |
|
|
0.78 % |
|
|
0.76 % |
|
|
0.67 % |
|
|
0.54 % |
|
|
0.51 % |
|
|
0.43 % |
|
|
0.37 % |
|
|
0.34 % |
|
|
0.22 % |
|
|
0.19 % |
|
|
0.18 % |
|
|
0.14 % |
|
|
0.10 % |
|
|
0.07 % |
Other |
|
0.08 % |
Total Investments |
|
100.00 % |
|
|
|
Credit Quality Breakdown |
|
Portfolio % |
|
|
18.79 % |
AA |
|
29.00 % |
A |
|
27.92 % |
BBB |
|
17.95 % |
BB |
|
2.79 % |
B |
|
0.14 % |
CCC |
|
0.11 % |
D |
|
0.18 % |
Not Rated |
|
0.81 % |
Pre-refunded Bonds |
|
2.23 % |
Short Term Investments |
|
0.08 % |
Total |
|
100.00 % |
|
|
|
Bonds by Maturity |
|
Portfolio % |
Less than 1 Year |
|
2.48 % |
1 To 5 Years |
|
2.44 % |
5 To 10 Years |
|
3.78 % |
10 To 20 Years |
|
20.16 % |
20 To 30 Years |
|
57.95 % |
More than 30 Years |
|
13.19 % |
Other |
|
0.00 % |
Total Net Assets |
|
100.00 % |
|
|
|
Portfolio Statistics: |
|
|
AMT Percent: |
|
16.38 % |
Average Coupon: |
|
4.44 % |
Percentage of Leverage: |
|
|
Bank Borrowing: |
|
0.00 % |
Investment Operations: |
|
0.35 % |
VRDP Shares: |
|
16.88 % |
Tender Option Bonds: |
|
7.41 % |
VMTP Shares: |
|
14.90 % |
Total Fund Leverage: |
|
39.54%* |
Average Maturity: |
|
11.82 Years |
Effective Duration: |
|
8.93 Years |
Total Net Assets: |
|
|
Common Stock Net Asset Value: |
|
|
Total Number of Holdings: |
|
160 |
Portfolio Turnover: |
|
55.00 % |
|
* The total percentage of leverage constitutes 7.41% through the use of tender option bonds, 14.90% in issued and outstanding VMTPs, 16.88% in issued and outstanding VRDPs, and 0.35% 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 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 U.S.-registered management investment company advised by |
View original content:https://www.prnewswire.com/news-releases/alliancebernstein-national-municipal-income-fund-inc-releases-monthly-portfolio-update-302203149.html
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