Alliance California Municipal Income Fund Releases Monthly Portfolio Update
January 17 2008 - 4:06PM
PR Newswire (US)
NEW YORK, Jan. 17 /PRNewswire-FirstCall/ -- Alliance California
Municipal Income Fund, Inc. [NYSE: AKP] (the "Fund") today released
its monthly portfolio update as of December 31, 2007. Alliance
California Municipal Income Fund, Inc. Top 10 Fixed-Income Holdings
Portfolio% 1) Los Angeles CA Usd MBIA Go Ser 5.125% (01/01/27)
5.26% 2) LA Dept Of Wtr And Pwr FGIC 5.125% (07/01/41) 4.97% 3)
California St 5.250% (04/01/30) 4.64% 4) Palo Alto A.D. CA Ser 02-A
5.875% (09/02/30) 3.94% 5) Puerto Rico Hwy Transp Rev Ser 5.375%
(07/01/36) 3.41% 6) LA CA AMBAC AMT 5.375% (12/01/26) 3.23% 7) CA
Infrastructure AMBAC 5.250% (02/01/32) 3.22% 8) Puerto Rico Elec
Pwr Auth Elec 5.250% (07/01/31) 3.19% 9) Temecula CA Redev Agy MBIA
5.250% (08/01/36) 3.14% 10) Golden St Tob Stlmt Xlca 5.500%
(06/01/33) 2.68% Sector/Industry Breakdown Portfolio% Muni:
Education 16.01% Special Tax 13.19% Community Facility 8.20%
Hospital/Health Care 8.20% Assessment District 6.22% Corporate --
Utility (Water) 5.92% Transportation 5.87% Housing-Rental Units
5.10% Higher Education 5.06% Cop/Lease Rental 4.45% General
Obligation 4.22% Corporate -- Utility (Electric) 3.19%
Miscellaneous 2.93% Port Facility 2.74% Water/SWR 2.52% Utility
2.13% Resource Recovery/Solid Waste 1.96% Airport Facility 1.75%
SUBTOTAL 99.66% Short-term 0.34% Total 100.00% State Breakdown
Portfolio% California 89.71% Puerto Rico 8.16% Nevada 1.33% Alaska
0.34% Ohio 0.25% Colorado 0.21% Total 100.00% Credit Quality
Breakdown Portfolio% AAA 79.88% AA 4.28% A 5.48% BBB 8.62% BB 1.74%
Total 100.00% Portfolio Statistics AMT Percentage: 16.23% Average
Coupon: 5.37% Percentage of Leverage: Bank Loans: 0% Investment
Operations: 0% Preferred Stock: 38.86% Total: 38.86%* Avg.
Maturity: 16.76 Years Duration: 3.81 Years Total Net Assets: $208.4
Million Net Asset Value: $14.93 Number of Holdings: 71 * Represents
issued and outstanding preferred stock. 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:
Shareholder Contact, 1-800-221-5672 Web site:
http://www.alliancebernstein.com/
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