Alliance California Municipal Income Fund Releases Monthly Portfolio Update
24 November 2009 - 8:06AM
PR Newswire (US)
NEW YORK, Nov. 23 /PRNewswire-FirstCall/ -- Alliance California
Municipal Income Fund, Inc. (NYSE:AKP) (the "Fund") today released
its monthly portfolio update as of October 31, 2009. Alliance
California Municipal Income Fund, Inc. Top 10 Fixed-Income Holdings
Portfolio% 1) Los Angeles CA USD GO MBIA Series 02E 5.125%, 5.54%
1/01/27 (Prerefunded/ETM) 2) Los Angeles CA Dept W&P Pwr
MBIA-RE Series 5.04% 01A 5.125%, 7/01/41 3) California GO 5.25%,
4/01/30 4.88% (Prerefunded/ETM) 4) Palo Alto CA Univ Ave AD Series
02A 5.875%, 3.68% 9/02/30 5) Puerto Rico Hwy & Trnsp Auth
Series 02D 3.57% 5.375%, 7/01/36 (Prerefunded/ETM) 6) Puerto Rico
Elec Pwr Auth XLCA Series 02-2 3.36% 5.25%, 7/01/31
(Prerefunded/ETM) 7) Los Angeles CA Cmnty Redev Agy (Los Angeles
3.32% CA CRA Grand Ctrl) AMBAC Series 02 5.375%, 12/01/26 8)
California Infra & Eco Dev Bk (YMCA of Metro 2.95% Los Angeles)
AMBAC Series 01 5.25%, 2/01/32 9) Los Angeles CA Harbor Dept 5.00%,
8/01/26 2.94% 10)Temecula CA Redev Agy MBIA Series 02 5.25%, 2.83%
8/01/36 Sector/Industry Breakdown Portfolio% Prerefunded/ETM 23.08%
Special Tax 12.47% Health Care - Not-for-Profit 7.84% Airport/Ports
6.98% Tax-Supported Local Lease 6.78% Higher Education 6.36% Water
& Sewer 6.20% Housing - Multi-Family 5.17% Revenue -
Miscellaneous 4.76% Assessment District 4.72% State G.O. 3.75%
Local G.O. 3.50% Toll Roads/Transit 3.15% Tax-Supported State Lease
1.89% Insured 1.54% Primary/Secondary Ed. - Private 1.08% Higher
Education - Private 0.73% Total 100.00% State Breakdown Portfolio%
California 90.12% Puerto Rico 8.51% Nevada 1.01% Ohio 0.22%
Colorado 0.14% Total 100.00% Credit Quality Breakdown Portfolio%
AAA 41.19% AA 22.40% A 25.84% BBB 9.12% BB 1.45% Total Investments
100.00% Portfolio Statistics AMT Percentage: 16.67% Average Coupon:
5.39% Percentage of Leverage: Bank Loans: 0.00% Investment
Operations: 3.59% Preferred Stock: 26.47% Total Fund Leverage:
30.06%* Avg. Maturity: 10.73 Years Effective Duration: 6.85 Years
Total Net Assets: $191.7 Million Net Asset Value: $13.95 Number of
Holdings: 68 * The total percentage of leverage constitutes 26.47%
in issued and outstanding preferred stock and 3.59% 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. DATASOURCE: Alliance California
Municipal Income Fund, Inc. CONTACT: AllianceBernstein shareholder
contact, 1-800-221-5672
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