ALLIANCEBERNSTEIN INCOME FUND INC. 
By NEW YORK, Jan. 25, 2012 /PRNewswire/ -- AllianceBernstein Income Fund, Inc. (NYSE: ACG) (the "Fund") today released its monthly portfolio update as of December 31, 2011.
AllianceBernstein Income Fund, Inc.
Top 10 Fixed Income Holdings Portfolio %
1) U.S. Treasury Notes 2.625%,
8/15/20 -11/15/20 17.19%
2) U.S. Treasury Notes 1.375%,
9/30/18 11.20%
3) U.S. Treasury Notes 2.75%, 2/15/19 9.76%
4) U.S. Treasury STRIPS Zero
Coupon, 5/15/17 7.73%
5) U.S. Treasury Notes 1.875%,
10/31/17 4.21%
6) U.S. Treasury STRIPS Zero
Coupon, 11/15/21 4.21%
7) U.S. Treasury Notes 1.50%, 8/31/18 3.76%
8) U.S. Treasury Notes 3.625%,
2/15/20 3.14%
9) Federal National Mortgage
Association 5.375%, 2.24%
6/12/17
10) U.S. Treasury Bonds 6.625%,
2/15/27 2.20%
Fixed Income Holdings by Security Type
Portfolio %
Governments - Treasuries
Treasuries 64.79%
SUBTOTAL 64.79%
Corporates - Investment Grades
Financial Institutions
Banking 2.08%
Insurance 1.33%
REITS 0.28%
Finance 0.24%
Other Finance 0.14%
SUBTOTAL 4.07%
Industrial
Basic 0.77%
Communications - Telecommunications 0.67%
Energy 0.61%
Transportation - Airlines 0.37%
Capital Goods 0.35%
Communications - Media 0.34%
Technology 0.18%
Transportation - Services 0.15%
Consumer Non-Cyclical 0.12%
Consumer Cyclical - Entertainment 0.10%
Other Industrial 0.08%
Consumer Cyclical - Automotive 0.07%
SUBTOTAL 3.81%
Non Corporate Sectors
Agencies - Not Government Guaranteed 1.44%
SUBTOTAL 1.44%
Utility
Electric 0.13%
Natural Gas 0.07%
SUBTOTAL 0.20%
SUBTOTAL 9.52%
Corporates - Non-Investment Grades
Industrial
Capital Goods 0.87%
Consumer Non-Cyclical 0.69%
Communications - Media 0.61%
Energy 0.52%
Consumer Cyclical - Automotive 0.49%
Consumer Cyclical - Retailers 0.49%
Basic 0.36%
Communications - Telecommunications 0.27%
Consumer Cyclical - Other 0.22%
Services 0.22%
Technology 0.10%
Consumer Cyclical - Entertainment 0.03%
SUBTOTAL 4.87%
Utility
Electric 0.69%
Natural Gas 0.07%
SUBTOTAL 0.76%
Financial Institutions
Banking 0.19%
Finance 0.16%
REITS 0.10%
Other Finance 0.05%
Brokerage 0.03%
SUBTOTAL 0.53%
SUBTOTAL 6.16%
Mortgage Pass-Through's
Agency Fixed Rate 30-Year 3.00%
Agency ARMs 1.36%
SUBTOTAL 4.36%
Agencies
Agency Debentures 3.86%
SUBTOTAL 3.86%
Quasi-Sovereigns
Quasi-Sovereign Bonds 2.38%
SUBTOTAL 2.38%
Commercial Mortgage-Backed Securities
Non-Agency Fixed Rate CMBS 2.22%
Non-Agency Floating Rate CMBS 0.15%
SUBTOTAL 2.37%
Inflation-Linked Securities 1.44%
Bank Loans
Industrial
Consumer Non-Cyclical 0.21%
Capital Goods 0.18%
Communications - Media 0.16%
Services 0.14%
Energy 0.13%
Basic 0.12%
Technology 0.10%
Communications - Telecommunications 0.04%
Consumer Cyclical - Other 0.04%
Consumer Cyclical - Retailers 0.04%
Consumer Cyclical - Entertainment 0.03%
Other Industrial 0.01%
Transportation - Services 0.01%
SUBTOTAL 1.21%
Utility
Electric 0.09%
SUBTOTAL 0.09%
Financial Institutions
Finance 0.04%
Other Finance 0.02%
SUBTOTAL 0.06%
SUBTOTAL 1.36%
Emerging Markets - Corporate Bonds
Industrial
Basic 0.38%
Communications - Telecommunications 0.19%
Communications - Media 0.18%
Other Industrial 0.10%
Consumer Cyclical - Other 0.08%
SUBTOTAL 0.93%
Utility
Other Utility 0.12%
Electric 0.05%
SUBTOTAL 0.17%
Financial Institutions
Banking 0.13%
Other Finance 0.01%
SUBTOTAL 0.14%
SUBTOTAL 1.24%
Emerging Markets - Sovereigns 1.10%
Local Governments - Municipal Bonds 0.35%
Governments - Sovereign Bonds 0.28%
Emerging Markets - Treasuries 0.08%
Preferred Stocks
Financial Institutions 0.06%
Non Corporate Sectors 0.01%
SUBTOTAL 0.07%
Asset-Backed Securities
Autos - Floating Rate 0.06%
SUBTOTAL 0.06%
Common Stocks 0.03%
Collateralized Mortgage Obligations
Non-Agency Fixed Rate 0.01%
SUBTOTAL 0.01%
Options Purchased - Puts
Options on Forward Contracts 0.01%
SUBTOTAL 0.01%
Warrants 0.01%
Short-Term Investments
Investment Companies 0.52%
Total Fixed Income 100.00%
Country Breakdown Portfolio %
United States 89.71%
Russia 2.68%
Brazil 1.12%
Indonesia 0.81%
Kazakhstan 0.80%
United Kingdom 0.64%
Australia 0.50%
Canada 0.39%
Argentina 0.32%
South Africa 0.32%
India 0.25%
Luxembourg 0.25%
United Arab Emirates 0.24%
El Salvador 0.20%
Peru 0.19%
Netherlands 0.18%
Lithuania 0.17%
Hong Kong 0.16%
Colombia 0.16%
Barbados 0.13%
Croatia 0.12%
Ukraine 0.12%
New Zealand 0.10%
China 0.09%
Switzerland 0.09%
Turkey 0.08%
Germany 0.07%
Japan 0.05%
South Korea 0.03%
France 0.03%
Total Investments 100.00%
Net Currency Exposure Breakdown
Portfolio %
United States Dollar 97.99%
Australian Dollar 1.53%
Chinese Yuan Renminbi 1.30%
Norwegian Krone 1.01%
Russian Rubles 0.40%
New Turkish Lira 0.12%
South African Rand 0.01%
Great British Pound -0.04%
Japanese Yen -0.40%
Euro Dollar -1.92%
Total Investments 100.00%
Credit Quality Breakdown
Portfolio %
AAA 75.78%
AA 1.01%
A 3.49%
BBB 10.49%
BB 5.75%
B 2.57%
CCC 0.33%
CC 0.01%
D 0.03%
Not Rated 0.02%
Short Term Investments 0.52%
Total Investments 100.00%
Portfolio Statistics:
Average Coupon: 5.13
Percentage of Leverage:
Bank Borrowing: 0.00%
Investment Operations: 46.04%*
Preferred Stock: 0.00%
Tender Option Bonds: 0.00%
Term Asset-Backed Loans Facility (TALF): 0.00%
Total Fund Leverage: 46.04%
Average Maturity: 11.00 Years
Effective Duration: 7.02 Years
Total Net Assets: $2,168.21 Million
Net Asset Value: $8.93
Number of Holdings: 339
* Investment Operations 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 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.
SOURCE AllianceBernstein Income Fund, Inc.
