N-Q 1 dnq.htm ALLIANCEBERNSTEIN FIXED-INCOME SHARES, INC AllianceBernstein Fixed-Income Shares, Inc

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM N-Q

 

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

 

Investment Company Act file number: 811-06068

 

ALLIANCEBERNSTEIN FIXED -INCOME SHARES, INC

 

(Exact name of registrant as specified in charter)

 

1345 Avenue of the Americas, New York, New York 10105

 

(Address of principal executive offices) (Zip code)

 

Joseph J. Mantineo

AllianceBernstein L.P.

1345 Avenue of the Americas

New York, New York 10105

 

(Name and address of agent for service)

 

Registrant’s telephone number, including area code: (800) 221-5672

 

Date of fiscal year end: April 30, 2009

 

Date of reporting period: July 31, 2008

ITEM 1. SCHEDULE OF INVESTMENTS.

 

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AllianceBernstein Fixed Income Shares-Government STIF Portfolio

Portfolio of Investments

July 31, 2008 (unaudited)

 

    

Yield *

   

Principal
Amount
(000)

    U.S. $ Value

SHORT-TERM INVESTMENTS - 100.0%

         

U.S. Government & Government Sponsored Agency Obligations - 78.5%

         

Federal Farm Credit Bank

         

10/22/09 (a)

    2.36%    $25,000    $ 24,987,509

Series 1

         

2/11/09 (a)

    2.34%    20,000      20,000,000

Series 2

         

1/23/09 (a)

    2.31%    14,000      13,995,406

Federal Farm Credit Discount Notes

         

8/11/08

    2.06%-2.07%    28,000      27,983,922

8/14/08

    1.98%    10,000      9,992,850

8/05/08

    2.05%    30,000      29,993,167

8/08/08

    2.05%    20,000      19,992,028

8/12/08

    2.05%    30,000      29,981,208

8/13/08

    2.05%    10,000      9,993,167

8/28/08

    2.13%    30,000      29,952,075

8/25/08

    2.14%    25,000      24,964,333

9/18/08

    2.15%    10,000      9,971,600

10/02/08

    2.29%    20,000      19,921,467

Federal Home Loan Bank Discount Notes

         

8/06/08

    2.11%-2.12%    30,926      30,916,962

8/20/08

    2.16%-2.23%    30,000      29,965,404

8/27/08

    2.23%-2.39%    41,978      41,908,561

9/17/08

    2.32%-2.33%    25,675      25,597,360

8/22/08

    2.01%    25,000      24,970,833

8/13/08

    2.14%    15,000      14,989,350

8/15/08

    2.14%    15,000      14,987,575

9/04/08

    2.23%    24,000      23,949,680

9/03/08

    2.26%    9,900      9,879,545

9/26/08

    2.34%    25,000      24,909,389

10/03/08

    2.35%    15,000      14,938,575

9/12/08

    2.36%    10,000      9,972,583

Federal Home Loan Banks

         

1/05/09 (a)

    2.62%    15,000      14,997,897

8/20/08

    4.89%    10,000      10,013,539

Federal Home Loan Corporation

         

12/16/09 (a)

    2.36%    25,000      24,991,458

10/07/09 (a)

    2.38%    20,000      20,007,249

Federal Home Loan Mortgage Discount Notes

         

8/04/08

    2.12%-2.22%    78,200    78,186,065

8/07/08

    2.11%-2.13%    30,000    29,989,433

9/08/08

    2.14%-2.35%    31,045    30,971,802

8/29/08

    2.14%    10,000    9,983,511

8/22/08

    2.15%    15,000    14,981,362

9/10/08

    2.15%    15,000    14,964,500

8/08/08

    2.18%    12,000    11,994,937

8/25/08

    2.21%    10,847    10,831,091

9/02/08

    2.23%    10,000    9,980,267

9/17/08

    2.28%    15,000    14,955,546

10/06/08

    2.35%    15,000    14,935,650

9/15/08

    2.42%    15,000    14,954,812

Federal National Mortgage Association

         

8/13/08

    2.14%-2.24%    40,000    39,970,933

Federal National Mortgage Association Discount Notes

         

8/01/08

    2.15%-2.20%    31,500    31,500,000

8/08/08

    2.28%-2.29%    32,431    32,411,589

8/29/08

    2.26%-2.31%    26,873    26,888,959

9/03/08

    2.22%-2.33%    30,000    29,879,200

9/10/08

    2.33%-2.36%    40,000    39,896,056

9/17/08

    2.36%-2.41%    40,000    39,876,429

8/18/08

    2.20%    20,000    19,979,317

8/20/08

    2.25%    15,000    14,982,267

9/08/08

    2.32%    25,000    24,939,042

9/23/08

    2.33%    15,516    15,463,004
          
         1,181,240,464
          

Repurchase Agreements - 21.5%

         

Bank of America, 2.13%, dated 7/30/08 due 8/21/08 in the amount of $15,019,525 (collateralized by $23,378,000 Tenn Valley Auth, Resolution Funding Strip, FHLMC, 0.00% to 7.125%, due 9/29/08 to 1/15/48, value $15,000,254)

       15,000    15,000,000

Barclays Bank, 2.15%, dated 7/29/08 due 8/5/08 in the amount of $40,016,722 (collateralized by $37,576,000 FHLMC, 7.00%, due 3/15/2010, value $40,800,751)

       40,000    40,000,000

Credit Suisse, 2.15%, dated 7/28/08 due 8/11/08 in the amount of $20,016,722 (collateralized by $20,525,000 FHLB, 0.00%, due 10/27/08, value 20,403,903)

       20,000    20,000,000

Credit Suisse, 2.15%, dated 7/28/08 due 8/19/08 in the amount of $20,026,278 (collateralized by $20,525,000 FHLB, 0.00%, due 10/27/08, value 20,403,903)

       20,000    20,000,000

Deutsche Bank, 2.18%, dated 7/31/08 due 8/1/08 in the amount of $60,003,633 (collateralized by $242,891,000 FHLMC & Resolution Funding Strip, 0.00% to 2.55%, due 5/21/09 to 4/15/30, value $61,200,247)

    60,000      60,000,000

Dresdner Bank, 2.12%, dated 7/31/08 due 8/1/08 in the amount of $48,202,838 (collateralized by $48,355,000 FHLB & FNMA, 0% to 4.836%, due 5/10/12 to 3/18/14, value $49,164,644)

    48,200      48,200,000

Greenwich Capital, 2.17%, dated 7/31/08 due 8/1/08 in the amount of $60,003,617 (collateralized by $60,525,000 FHLB, 2.50% to 4.125%, due 11/28/08 to 5/05/09, value $61,200,298)

    60,000      60,000,000

HSBC Bank, 2.15%, dated 7/31/08 due 8/1/08 in the amount of $60,003,583 (collateralized by $62,445,000 FHLMC, 0.00%, due 4/17/09, value $61,202,347)

    60,000      60,000,000
         
        323,200,000
         

Total Investments - 100.0%

      

(cost $1,504,440,464)

         1,504,440,464

Other assets less liabilities - 0.0%

         150,556
         

Net Assets - 100.0%

      $ 1,504,591,020
         

 

(a) Floating Rate Security. Stated interest rate was in effect at July 31, 2008.

 

* Represents annualized yield from date of purchase for discount securities, and stated interest rate for interest-bearing securities.

 

Glossary:

     

FHLB

   -        Federal Home Loan Bank

FHLMC

   -        Federal Home Loan Mortgage Corporation

FNMA

   -        Federal National Mortgage Association

ITEM 2. CONTROLS AND PROCEDURES.

(a) The registrant’s principal executive officer and principal financial officer have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended) are effective at the reasonable assurance level based on their evaluation of these controls and procedures as of a date within 90 days of the filing date of this document.

(b) There were no changes in the registrant’s internal controls over financial reporting that occurred during the second fiscal quarter of the period that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

 

ITEM 3. EXHIBITS.

The following exhibits are attached to this Form N-Q:

 

EXHIBIT NO.

  

DESCRIPTION OF EXHIBIT

3 (a) (1)   Certification of Principal Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
3 (a) (2)   Certification of Principal Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

 

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

(Registrant): AllianceBernstein Fixed— Income Shares
By:  

/s/    Marc O. Mayer

  Marc O. Mayer
  President
Date: September 3, 2008

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

By:  

/s/    Marc O. Mayer

  Marc O. Mayer
  President
Date: September 3, 2008
By:  

/s/    Joseph J. Mantineo

  Joseph J. Mantineo
  Treasurer and Chief Financial Officer
Date: September 3, 2008

 

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