b> Alliance California Municipal Income Fund, Inc. (NYSE: AKP) (the "Fund") today released its monthly portfolio update as of
August 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%, 5.75%
1/01/27 (Prerefunded/ETM)
2)Los Angeles CA Dept W&P Pwr MBIA-RE Series 5.18%
01A 5.125%, 7/01/41
3)California GO 5.25%, 4/01/30 5.06%
(Prerefunded/ETM)
4)Puerto Rico Hwy & Trnsp Auth Series 02D 3.69%
5.375%, 7/01/36 (Prerefunded/ETM)
5)Puerto Rico Elec Pwr Auth XLCA Series 02-2 3.48%
5.25%, 7/01/31 (Prerefunded/ETM)
6)Palo Alto CA Univ Ave AD Series 02A 5.875%, 3.34%
9/02/30
7)Los Angeles CA Cmnty Redev Agy (Los Angeles 3.33%
CA CRA Grand Ctrl) AMBAC Series 02 5.375%,
12/01/26
8)California Infra & Eco Dev Bk (YMCA of Metro 3.09%
Los Angeles) AMBAC Series 01 5.25%, 2/01/32
9)Los Angeles CA Harbor Dept 5.00%, 8/01/26 2.95%
10)Temecula CA Redev Agy MBIA Series 02 5.25%, 2.70%
8/01/36
Sector/Industry Breakdown
Portfolio%
Prerefunded/ETM 23.93%
Special Tax 11.36%
Health Care - Not-for-Profit 7.92%
Airport/Ports 7.00%
Tax-Supported Local Lease 6.90%
Higher Education 6.59%
Water & Sewer 6.35%
Housing - Multi-Family 5.33%
Revenue - Miscellaneous 4.91%
Assessment District 4.34%
State G.O. 3.86%
Local G.O. 3.57%
Toll Roads/Transit 2.59%
Tax-Supported State Lease 1.96%
Insured 1.59%
Primary/Secondary Ed. - Private 1.08%
Higher Education - Private 0.72%
Total 100.00%
State Breakdown
Portfolio%
California 89.84%
Puerto Rico 8.76%
Nevada 1.04%
Ohio 0.22%
Colorado 0.14%
Total 100.00%
Credit Quality Breakdown
Portfolio%
AAA 42.63%
AA 22.81%
A 24.52%
BBB 8.60%
BB 1.44%
Total Investments 100.00%
Portfolio Statistics
AMT Percentage: 16.47%
Average Coupon: 4.99%
Percentage of Leverage:
Bank Loans: 00.0%
Investment Operations: 3.59%
Preferred Stock: 27.00%
Total Fund Leverage: 30.59%*
Avg. Maturity: 11.32 Years
Effective Duration: 7.32 Years
Total Net Assets: $186.5 Million
Net Asset Value: $13.35
Number of Holdings: 67
* The total percentage of leverage constitutes 27.00% 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.