|
AB Income Fund,
Inc.
|
|
|
|
|
Top 10 Fixed
Income Holdings
|
Portfolio
%
|
|
1) U.S. Treasury
Bonds 6.375%, 8/15/27
|
21.17%
|
|
2) U.S. Treasury
Bonds 6.25%, 5/15/30
|
21.00%
|
|
3) U.S. Treasury
Notes 3.625%, 2/15/21
|
18.50%
|
|
4) U.S. Treasury
Bonds 6.50%, 11/15/26
|
14.83%
|
|
5) U.S. Treasury
Notes 2.125%, 8/31/20
|
8.77%
|
|
6) U.S. Treasury
Notes 3.125%, 5/15/21
|
5.82%
|
|
7) U.S. Treasury
Bonds 3.125%, 8/15/44
|
4.52%
|
|
8) U.S. Treasury
Bonds 8.75%, 8/15/20
|
3.01%
|
|
9) Residual Funding
Corp. Principal Strip Zero Coupon, 7/15/20
|
2.19%
|
|
10) U.S. Treasury
Bonds 8.00%, 11/15/21
|
2.09%
|
|
|
|
Investment
Type
|
Portfolio
%
|
|
Global
Governments
|
106.76%
|
|
Corporates -
Non-Investment Grade
|
|
|
Industrial
|
|
|
Consumer
Non-Cyclical
|
2.03%
|
|
Energy
|
1.92%
|
|
Communications -
Media
|
1.72%
|
|
Communications -
Telecommunications
|
0.76%
|
|
Basic
|
0.74%
|
|
Capital
Goods
|
0.65%
|
|
Consumer Cyclical -
Retailers
|
0.63%
|
|
Consumer Cyclical -
Other
|
0.45%
|
|
Technology
|
0.42%
|
|
Consumer Cyclical -
Automotive
|
0.35%
|
|
Transportation -
Services
|
0.34%
|
|
Services
|
0.21%
|
|
Other
Industrial
|
0.19%
|
|
Consumer Cyclical -
Entertainment
|
0.09%
|
|
SUBTOTAL
|
10.50%
|
|
Credit Default
Swaps
|
2.00%
|
|
SUBTOTAL
|
2.00%
|
|
Financial
Institutions
|
|
|
Banking
|
1.29%
|
|
Other
Finance
|
0.12%
|
|
Finance
|
0.09%
|
|
REITS
|
0.06%
|
|
SUBTOTAL
|
1.56%
|
|
Utility
|
|
|
Electric
|
0.78%
|
|
SUBTOTAL
|
0.78%
|
|
SUBTOTAL
|
14.84%
|
|
Collateralized
Mortgage Obligations
|
|
|
GSE Risk Share
Floating Rate
|
3.55%
|
|
Non-Agency Fixed
Rate
|
1.70%
|
|
Non-Agency Floating
Rate
|
0.65%
|
|
Agency Fixed
Rate
|
0.15%
|
|
SUBTOTAL
|
6.05%
|
|
Corporates -
Investment Grade
|
|
|
Industrial
|
|
|
Communications -
Telecommunications
|
0.70%
|
|
Basic
|
0.63%
|
|
Energy
|
0.43%
|
|
Consumer
Non-Cyclical
|
0.33%
|
|
Capital
Goods
|
0.27%
|
|
Consumer Cyclical -
Retailers
|
0.14%
|
|
Transportation -
Airlines
|
0.08%
|
|
SUBTOTAL
|
2.58%
|
|
Financial
Institutions
|
|
|
Insurance
|
1.46%
|
|
Banking
|
0.53%
|
|
SUBTOTAL
|
1.99%
|
|
Utility
|
|
|
Electric
|
0.21%
|
|
SUBTOTAL
|
0.21%
|
|
Credit Default
Swaps
|
0.08%
|
|
SUBTOTAL
|
0.08%
|
|
SUBTOTAL
|
4.86%
|
|
Agencies
|
|
|
Agency
Debentures
|
4.03%
|
|
SUBTOTAL
|
4.03%
|
|
Commercial
Mortgage-Backed Securities
|
|
|
Non-Agency Fixed Rate
CMBS
|
3.10%
|
|
Non-Agency Floating
Rate CMBS
|
0.23%
|
|
Credit Default
Swaps
|
0.22%
|
|
SUBTOTAL
|
3.55%
|
|
Emerging Markets -
Corporate Bonds
|
|
|
Industrial
|
|
|
Consumer
Non-Cyclical
|
0.47%
|
|
Capital
Goods
|
0.37%
|
|
Communications -
Telecommunications
|
0.21%
|
|
Basic
|
0.20%
|
|
Transportation -
Airlines
|
0.14%
|
|
Consumer Cyclical -
Retailers
|
0.13%
|
|
SUBTOTAL
|
1.52%
|
|
SUBTOTAL
|
1.52%
|
|
Whole Loan
Trusts
|
|
|
Performing
Asset
|
1.39%
|
|
SUBTOTAL
|
1.39%
|
|
Common
Stocks
|
1.23%
|
|
Quasi-Sovereigns
|
|
|
Quasi-Sovereign
Bonds
|
1.09%
|
|
SUBTOTAL
|
1.09%
|
|
Local Governments -
Municipal Bonds
|
0.90%
|
|
Emerging Markets -
Sovereigns
|
0.88%
|
|
Preferred
Stocks
|
|
|
Financial
Institutions
|
0.51%
|
|
Industrial
|
0.20%
|
|
SUBTOTAL
|
0.71%
|
|
Bank Loans
|
|
|
Industrial
|
|
|
Basic
|
0.12%
|
|
Consumer
Non-Cyclical
|
0.11%
|
|
Energy
|
0.10%
|
|
Communications -
Media
|
0.08%
|
|
Other
Industrial
|
0.05%
|
|
Technology
|
0.01%
|
|
SUBTOTAL
|
0.47%
|
|
SUBTOTAL
|
0.47%
|
|
Governments -
Sovereign Agencies
|
0.45%
|
|
Currency
Instruments
|
|
|
Forward Currency
Exchange Contracts
|
0.29%
|
|
SUBTOTAL
|
0.29%
|
|
Investment
Companies
|
|
|
Funds and Investment
Trusts
|
0.16%
|
|
SUBTOTAL
|
0.16%
|
|
Asset-Backed
Securities
|
|
|
Autos - Fixed
Rate
|
0.12%
|
|
SUBTOTAL
|
0.12%
|
|
Put Options
Written
|
-0.01%
|
|
Interest Rate Swaps -
SIFMA
|
-35.61%
|
|
Interest Rate
Futures
|
-47.91%
|
|
Reverse Repurchase
Agreements
|
-52.53%
|
|
Net Cash
Equivalents
|
|
|
Investment
Companies
|
3.14%
|
|
Cash
|
1.56%
|
|
Foreign
Currency
|
-0.01%
|
|
SUBTOTAL
|
4.69%
|
|
Derivative
Offsets
|
|
|
Futures
Offsets
|
47.62%
|
|
Swaps
Offsets
|
34.45%
|
|
SUBTOTAL
|
82.07%
|
|
100.00%
|
|
|
|
Country
Breakdown
|
Portfolio
%
|
|
United
States
|
91.13%
|
|
Brazil
|
2.11%
|
|
Mexico
|
1.04%
|
|
Canada
|
0.89%
|
|
Bermuda
|
0.77%
|
|
France
|
0.45%
|
|
United
Kingdom
|
0.41%
|
|
Luxembourg
|
0.40%
|
|
Switzerland
|
0.30%
|
|
Indonesia
|
0.29%
|
|
Germany
|
0.26%
|
|
India
|
0.24%
|
|
Spain
|
0.22%
|
|
El
Salvador
|
0.20%
|
|
Barbados
|
0.15%
|
|
Jamaica
|
0.14%
|
|
Venezuela
|
0.13%
|
|
Dominican
Republic
|
0.11%
|
|
Italy
|
0.11%
|
|
Netherlands
|
0.10%
|
|
Guatemala
|
0.08%
|
|
Ivory
Coast
|
0.08%
|
|
Belgium
|
0.07%
|
|
Pakistan
|
0.07%
|
|
Zambia
|
0.05%
|
|
Sri Lanka
|
0.05%
|
|
South
Africa
|
0.04%
|
|
Morocco
|
0.04%
|
|
Australia
|
0.03%
|
|
Sweden
|
0.02%
|
|
Peru
|
0.01%
|
|
Norway
|
0.01%
|
|
Total
Investments
|
100.00%
|
|
|
|
Net Currency
Exposure Breakdown
|
Portfolio
%
|
|
United States
Dollar
|
101.37%
|
|
Japanese
Yen
|
3.02%
|
|
New Zealand
Dollar
|
0.05%
|
|
Mexican
Peso
|
0.02%
|
|
Indonesian
Rupiah
|
0.01%
|
|
Malaysian
Ringgit
|
0.01%
|
|
Australian
Dollar
|
0.01%
|
|
Great British
Pound
|
-0.02%
|
|
Norwegian
Krone
|
-0.03%
|
|
Brazilian
Real
|
-0.09%
|
|
Taiwan New
Dollar
|
-0.48%
|
|
Euro
|
-1.87%
|
|
Singapore
Dollar
|
-2.00%
|
|
Total Net
Assets
|
100.00%
|
|
|
|
Credit
Rating
|
Portfolio
%
|
|
AAA
|
58.11%
|
|
A
|
1.58%
|
|
BBB
|
10.22%
|
|
BB
|
7.02%
|
|
B
|
7.17%
|
|
CCC
|
2.92%
|
|
CC
|
0.33%
|
|
D
|
0.38%
|
|
Not Rated
|
5.14%
|
|
Short Term
Investments
|
3.14%
|
|
N/A
|
3.99%
|
|
100.00%
|
|
|
|
Bonds By
Maturity
|
Portfolio
%
|
|
Less than 1
year
|
-45.60%
|
|
1 to 5
years
|
28.52%
|
|
5 to 10
years
|
45.55%
|
|
10 to 20
years
|
61.93%
|
|
20 to 30
years
|
7.42%
|
|
More than 30
years
|
0.95%
|
|
Other
|
1.23%
|
|
Total Net
Assets
|
100.00%
|
|
|
|
Portfolio
Statistics:
|
|
|
Average
Coupon:
|
7.56%
|
|
Average Bond Price
:
|
120.18
|
|
Percentage of
Leverage:
|
|
|
Bank
Borrowing:
|
0.00%
|
|
Investment
Operations:
|
38.24%*
|
|
Preferred
Stock:
|
0.00%
|
|
Tender Option
Bonds:
|
0.00%
|
|
Term Asset-Backed
Loans Facility (TALF):
|
0.00%
|
|
Total Fund
Leverage:
|
38.24%*
|
|
Average
Maturity:
|
14.46
Years
|
|
Effective
Duration:
|
4.91 Years
|
|
Total Net
Assets:
|
$1,769.06
Million
|
|
Net Asset
Value:
|
$8.20
|
|
Number of
Holdings:
|
445
|
|
Portfolio
Turnover:
|
32%
|
|
|
|
* 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.
|