AllianceBernstein Income Fund, Inc.

Top 10 Fixed Income Holdings

Portfolio %

1) U.S. Treasury Notes  2.625%, 8/15/20 - 11/15/20

14.64%

2) U.S. Treasury Notes  1.375%, 9/30/18

10.99%

3) U.S. Treasury Notes  2.75%, 2/15/19

6.18%

4) U.S. Treasury STRIPS  Zero Coupon, 5/15/17

5.73%

5) U.S. Treasury Bonds  7.625%, 2/15/25

4.12%

6) U.S. Treasury Bonds  8.00%, 11/15/21

3.55%

7) U.S. Treasury Bonds  8.75%, 8/15/20

3.35%

8) Federal Home Loan Mortgage Corp.  2.375%, 1/13/22

2.95%

9) U.S. Treasury Notes  1.50%, 8/31/18

2.84%

10) Federal National Mortgage Association  3.50%, 12/01/41

2.53%

Fixed Income Holdings by Security Type

Portfolio %

Governments Treasuries

Treasuries

55.60%

SUBTOTAL

55.60%

Corporates - Investment Grades

Financial Institutions

Banking

2.62%

Insurance

1.33%

Finance

0.42%

REITS

0.29%

Brokerage

0.15%

Other Finance

0.14%

SUBTOTAL

4.95%

Industrial

Communications - Telecommunications

1.10%

Basic

0.77%

Energy

0.62%

Capital Goods

0.58%

Communications - Media

0.37%

Consumer Non-Cyclical

0.33%

Technology

0.26%

Consumer Cyclical - Retailers

0.17%

Consumer Cyclical - Entertainment

0.10%

Other Industrial

0.09%

Consumer Cyclical - Other

0.07%

Transportation - Airlines

0.06%

Transportation - Services

0.03%

SUBTOTAL

4.55%

Non Corporate Sectors

Agencies - Not Government Guaranteed

1.26%

SUBTOTAL

1.26%

Utility

Electric

0.35%

Natural Gas

0.07%

SUBTOTAL

0.42%

SUBTOTAL

11.18%

Corporates - Non-Investment Grades

Industrial

Communications - Media

1.41%

Capital Goods

1.38%

Consumer Non-Cyclical

1.10%

Energy

0.99%

Basic

0.62%

Consumer Cyclical - Other

0.60%

Consumer Cyclical - Retailers

0.59%

Technology

0.54%

Consumer Cyclical - Automotive

0.53%

Communications - Telecommunications

0.43%

Services

0.17%

Transportation - Airlines

0.12%

Consumer Cyclical - Restaurants

0.07%

Other Industrial

0.05%

Consumer Cyclical - Entertainment

0.03%

SUBTOTAL

8.63%

Utility

Electric

0.96%

Natural Gas

0.17%

SUBTOTAL

1.13%

Financial Institutions

Banking

0.30%

Finance

0.22%

REITS

0.20%

Other Finance

0.15%

Brokerage

0.03%

SUBTOTAL

0.90%

SUBTOTAL

10.66%

Agencies

Agency Debentures

6.75%

SUBTOTAL

6.75%

Mortgage Pass-Throughs

Agency Fixed Rate 30-Year

5.33%

Agency ARMs

1.29%

SUBTOTAL

6.62%

Quasi-Sovereigns

Quasi-Sovereign Bonds

2.50%

SUBTOTAL

2.50%

Bank Loans

Industrial

Consumer Cyclical - Automotive

0.19%

Capital Goods

0.18%

Consumer Non-Cyclical

0.18%

Energy

0.16%

Communications - Media

0.14%

Technology

0.13%

Basic

0.11%

Consumer Cyclical - Other

0.10%

Services

0.08%

Communications - Telecommunications

0.04%

Consumer Cyclical - Entertainment

0.03%

Consumer Cyclical - Retailers

0.03%

Other Industrial

0.01%

SUBTOTAL

1.38%

Financial Institutions

Finance

0.14%

SUBTOTAL

0.14%

Utility

Electric

0.05%

SUBTOTAL

0.05%

SUBTOTAL

1.57%

Emerging Markets - Corporate Bonds

Industrial

Basic

0.46%

Communications - Telecommunications

0.27%

Consumer Cyclical - Other

0.23%

Communications - Media

0.19%

Consumer Non-Cyclical

0.12%

Other Industrial

0.12%

SUBTOTAL

1.39%

Utility

Electric

0.10%

SUBTOTAL

0.10%

Financial Institutions

Banking

0.07%

Other Finance

0.01%

SUBTOTAL

0.08%

SUBTOTAL

1.57%

Commercial Mortgage-Backed Securities

Non-Agency Fixed Rate CMBS

1.07%

Non-Agency Floating Rate CMBS

0.18%

SUBTOTAL

1.25%

Emerging Markets - Sovereigns

0.86%

Governments - Sovereign Bonds

0.48%

Local Governments - Municipal Bonds

0.36%

Preferred Stocks

Financial Institutions

0.22%

Industrial

0.04%

Non Corporate Sectors

0.01%

SUBTOTAL

0.27%

Governments - Sovereign Agencies

0.11%

Asset-Backed Securities

Autos - Floating Rate

0.04%

SUBTOTAL

0.04%

Common Stocks

0.03%

Collateralized Mortgage Obligations

Non-Agency Fixed Rate

0.01%

SUBTOTAL

0.01%

Short-Term Investments

Investment Companies

0.14%

Total Fixed Income

100.00%

Country Breakdown

Portfolio %

United States

86.83%

Russia

2.36%

Brazil

2.12%

United Kingdom

0.90%

Canada

0.83%

Kazakhstan

0.81%

Mexico

0.55%

Argentina

0.50%

Netherlands

0.46%

India

0.37%

South Africa

0.34%

Luxembourg

0.33%

Germany

0.31%

Indonesia

0.31%

Croatia

0.26%

Lithuania

0.22%

El Salvador

0.20%

United Arab Emirates

0.20%

France

0.20%

Peru

0.20%

Venezuela

0.18%

Australia

0.17%

New Zealand

0.17%

Switzerland

0.16%

Spain

0.15%

Barbados

0.14%

Norway

0.11%

Portugal

0.10%

Belarus

0.10%

Ireland

0.09%

Hong Kong

0.09%

China

0.08%

Colombia

0.06%

Ukraine

0.05%

Japan

0.05%

Total Investments

100.00%

Net Currency Exposure Breakdown

Portfolio %

     United States Dollar

97.92%

     Norwegian Krone

1.98%

     Australian Dollar

1.03%

     Mexican Peso

1.01%

     New Turkish Lira

0.99%

     South African Rand

0.53%

     Singapore Dollar

0.51%

     New Zealand Dollar

0.50%

     Malaysian Ringgit

0.50%

     South Korean Won

0.50%

     Indian Rupee

0.49%

     Russian Rubles

0.43%

     Swedish Krona

0.07%

     Brazilian Real

0.05%

     Chinese Yuan Renminbi

0.01%

     Canadian Dollar

-1.07%

     Japanese Yen

-2.31%

     Euro Dollar

-3.14%

     Total Investments

100.00%

Credit Quality Breakdown

Portfolio %

AAA

68.95%

AA

1.03%

A

4.37%

BBB

11.57%

BB

8.72%

B

4.19%

CCC

0.46%

CC

0.01%

D

0.03%

Not Rated

0.52%

Short Term Investments

0.15%

Total Investments

100.00%

Portfolio Statistics:

Average Coupon:

6.67

Average Bond Price :

115.31

Percentage of Leverage:

Bank Borrowing:

0.00%

Investment Operations:

51.30%*

Preferred Stock:

0.00%

Tender Option Bonds:

0.00%

Term Asset-Backed Loans Facility (TALF):

0.00%

Total Fund Leverage:

51.30%

Average Maturity:

12.37 Years

Effective Duration:

7.54 Years

Total Net Assets:

$2,193.56 Million

Net Asset Value:

$9.03

Number of Holdings:

395

Portfolio Turnover

67