Alliance California Municipal Income Fund, Inc. |
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Top 10 Fixed-Income Holdings |
| Portfolio % |
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1) Los Angeles Department of Water Series 2013B 5.00%, 7/01/32 | 3.42% |
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2) Los Angeles County Metropolitan Transportation Authority (Los Angeles County Metropolitan Transportation Authority Sales Tax) Series 2009 5.00%, 7/01/25 | 3.40% |
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3) San Diego Public Facilities Financing Authority 5.00%, 5/15/36 | 2.85% |
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4) San Diego Unified School District/CA Series 2013C 5.00%, 7/01/32 | 2.84% |
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5) Port of Los Angeles Series 2009C 5.00%, 8/01/26 | 2.82% |
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6) Bay Area Toll Authority Series 2013S 5.00%, 4/01/33 (Prerefunded/ETM) | 2.80% |
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7) City of San Francisco CA Public Utilities Commission Wastewater Revenue (San Francisco City & County Public Utilities Commission Wastewater Revenue) Series 2013B 5.00%, 10/01/32 | 2.59% |
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8) University of California Series 2012G 5.00%, 5/15/31 | 2.37% |
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9) San Diego County Water Authority Financing Corp. Series 2013 5.00%, 5/01/31 | 2.37% |
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10) California Statewide Communities Development Authority(Buck Institute for Research on Aging) AGM Series 2014 5.00%, 11/15/44 | 2.16% |
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Sector/Industry Breakdown |
| Portfolio % |
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Revenue |
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Health Care - Not-for-Profit |
| 10.11% |
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Revenue - Miscellaneous |
| 10.01% |
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Water & Sewer |
| 8.38% |
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Electric Utility |
| 4.36% |
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Primary/Secondary Ed. - Public |
| 4.12% |
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Toll Roads/Transit |
| 3.76% |
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Port |
| 3.68% |
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Airport |
| 2.99% |
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Tobacco Securitization |
| 2.45% |
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Higher Education - Public |
| 2.37% |
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Senior Living |
| 1.64% |
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Higher Education - Private |
| 1.61% |
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Primary/Secondary Ed. - Private |
| 1.39% |
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SUBTOTAL |
| 56.87% |
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Tax Supported |
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Local G.O. |
| 9.86% |
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Special Tax |
| 9.24% |
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Tax-Supported Local Lease |
| 7.21% |
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Assessment District |
| 4.21% |
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State G.O. |
| 1.11% |
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SUBTOTAL |
| 31.63% |
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Prerefunded/ETM |
| 9.92% |
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Asset-Backed |
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Housing - Multi-Family |
| 1.28% |
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SUBTOTAL |
| 1.28% |
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Cash Equivalents |
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Investment Companies |
| 0.30% |
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SUBTOTAL |
| 0.30% |
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Total |
| 100.00% |
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State Breakdown |
| Portfolio % |
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California |
| 91.64% |
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New York |
| 1.68% |
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Guam |
| 1.46% |
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Florida |
| 1.43% |
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New Jersey |
| 1.27% |
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Minnesota |
| 0.61% |
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Illinois |
| 0.55% |
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Missouri |
| 0.53% |
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Pennsylvania |
| 0.53% |
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Other |
| 0.30% |
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Total Investments |
| 100.00% |
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Credit Quality Breakdown |
| Portfolio % |
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AAA |
| 10.25% |
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AA |
| 45.64% |
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A |
| 13.95% |
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BBB |
| 14.11% |
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BB |
| 1.92% |
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B |
| 1.28% |
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Not Rated |
| 2.63% |
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Pre-refunded Bonds |
| 9.92% |
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Short-Term Investments |
| 0.30% |
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Total Investments |
| 100.00% |
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Bonds By Maturity |
| Portfolio % |
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Less than 1 year |
| 0.30% |
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1 to 5 years |
| 0.00% |
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5 to 10 years |
| 13.22% |
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10 to 20 years |
| 60.95% |
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20 to 30 years |
| 23.29% |
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More Than 30 years |
| 2.24% |
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Other |
| 0.00% |
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Total Investments |
| 100.00% |
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Portfolio Statistics: |
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AMT Percent: |
| 3.31% |
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Average Coupon: |
| 5.24% |
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Percentage of Leverage: |
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Bank Borrowing: |
| 0.00% |
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Investment Operations: |
| 0.72% |
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Auction Preferred Shares (APS): |
| 15.51% |
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Tender Option Bonds: |
| 4.14% |
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Variable Rate MuniFund Term Preferred Shares (VMTPs): | 20.83% |
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Total Fund Leverage: |
| 41.20%* |
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Average Effective Maturity: |
| 5.21 Years |
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Effective Duration: |
| 4.64 Years |
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Total Net Assets: |
| $154.86 Million** |
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Common Stock Net Asset Value: |
| $14.61 |
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Number of Holdings: |
| 87 |
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Portfolio Turnover: |
| 18% |
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* The total percentage of leverage constitutes 4.14% through the use of tender option bonds, 15.51% in issued and outstanding APS,20.83% in issued and outstanding VMTPs and 0.720% 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. |
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** Includes $29,875,000 of APS at liquidation value.The Fund also had outstanding $40,125,000 of VMTPs at liquidation value, which is not included in Total Net Assets because it is treated as a liability for financial reporting purposes. |
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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. |
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