ACM Managed Dollar Income Fund, 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: 811-07964

 

 

ACM MANAGED DOLLAR INCOME FUND, 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: September 30, 2007

Date of reporting period: June 30, 2007

ITEM 1. SCHEDULE OF INVESTMENTS.

 

2

ACM Managed Dollar Income Fund

Portfolio of Investments

June 30, 2007 (unaudited)

 

     Principal
Amount
(000)		    U.S. $ Value

CORPORATES - NON-INVESTMENT GRADES - 44.2%

      

Industrial - 33.5%

      

Basic - 3.3%

      

AK Steel Corp.

      

7.875%, 2/15/09

    US$ 143    $ 142,643

Arch Western Finance LLC

      

6.75%, 7/01/13

      165      158,400

Basell AF SCA

      

8.375%, 8/15/15 (a)

      369      353,318

Citigroup (JSC Severstal)

      

Series REGS

      

9.25%, 4/19/14 (a)

      464      507,574

Equistar Chemicals Funding LP

      

10.125%, 9/01/08

      278      288,872

10.625%, 5/01/11

      83      87,358

Evraz Group SA

      

Series REGS

      

8.25%, 11/10/15 (a)(b)

      665      679,231

Freeport-McMoRan Copper & Gold, Inc.

      

8.375%, 4/01/17

      475      507,063

Hexion Us Fin/nova Scoti

      

9.75%, 11/15/14

      115      119,025

9.86%, 11/15/14 (b)

      115      118,450

Huntsman International LLC

      

7.875%, 11/15/14

      195      208,894

Ineos Group Holdings PLC

      

8.50%, 2/15/16 (a)(c)

      385      376,337

Jefferson Smurfit Corp. US

      

8.25%, 10/01/12

      8      7,940

Lyondell Chemical Co.

      

8.00%, 9/15/14

      155      159,262

8.25%, 9/15/16

      425      444,125

The Mosaic Co.

      

7.625%, 12/01/16 (a)

      445      455,012

NewPage Corp.

      

10.00%, 5/01/12

      285      307,800

Novelis, Inc.

      

7.25%, 2/15/15

      5      5,131

Peabody Energy Corp.

      

Series B

      

6.875%, 3/15/13

      415      412,925
         
        5,339,360
         

Capital Goods - 4.5%

      

Alion Science and Technology Corp.

      

10.25%, 2/01/15

    40    41,300

Allied Waste North America, Inc.

      

6.375%, 4/15/11 (c)

    610    593,225

Series B

      

7.125%, 5/15/16

    340    332,350

Associated Materials, Inc.

      

0.00%, 3/01/14 (d)

    440    327,800

Ball Corp.

      

6.875%, 12/15/12

    450    450,000

Berry Plastics Holding Corp.

      

8.875%, 9/15/14

    275    278,438

10.25%, 3/01/16

    130    130,000

Bombardier, Inc.

      

6.30%, 5/01/14 (a)

    405    384,750

8.00%, 11/15/14 (a)

    350    367,938

Case Corp.

      

7.25%, 1/15/16

    270    274,050

Case New Holland, Inc.

      

7.125%, 3/01/14

    270    273,375

9.25%, 8/01/11

    315    330,183

Crown Americas

      

7.625%, 11/15/13

    375    378,750

Goodman Global Holdings, Inc.

      

7.875%, 12/15/12

    280    277,200

L-3 Communications Corp.

      

5.875%, 1/15/15

    345    319,987

Owens Brockway Glass Container, Inc.

      

6.75%, 12/01/14

    330    321,750

8.875%, 2/15/09

    655    666,462

Plastipak Holdings, Inc.

      

8.50%, 12/15/15 (a)

    135    139,725

Russell-Stanley Holdings, Inc.

      

9.00%, 11/30/08 (a)(e)(f)

    365    45,667

Sequa Corp.

      

9.00%, 8/01/09

    235    242,637

Trinity Industries, Inc.

      

6.50%, 3/15/14

    535    522,962

United Rentals North America, Inc.

      

7.75%, 11/15/13

    538    538,673
       
      7,237,222
       

Communications - Media - 5.1%

      

Allbritton Communications Co.

      

7.75%, 12/15/12

    275    276,375

C&M Finance Ltd.

      

8.10%, 2/01/16 (a)

    250    253,750

Cablevision Systems Corp.

      

Series B

      

8.00%, 4/15/12

    435    429,563

 

Charter Communications Operations LLC

      

8.00%, 4/30/12 (a)

    890    901,125

Clear Channel Communications, Inc.

      

5.50%, 9/15/14

    445    380,281

5.75%, 1/15/13

    290    261,115

CSC Holdings, Inc.

      

7.625%, 7/15/18

    410    389,500

Series WI

      

6.75%, 4/15/12

    325    308,750

Dex Media West LLC

      

Series B

      

8.50%, 8/15/10

    180    186,525

DirecTV Holdings LLC

      

6.375%, 6/15/15

    605    568,700

EchoStar DBS Corp.

      

6.375%, 10/01/11

    325    318,500

6.625%, 10/01/14

    455    434,525

7.125%, 2/01/16

    160    156,400

Idearc, Inc.

      

8.00%, 11/15/16

    345    348,450

Insight Midwest LP

      

9.75%, 10/01/09

    153    154,147

Intelsat Bermuda Ltd.

      

11.25%, 6/15/16

    502    562,240

Intelsat Subsidiary Holding Co. Ltd.

      

8.625%, 1/15/15

    285    292,125

Lamar Media Corp.

      

6.625%, 8/15/15

    100    94,750

Liberty Media Corp.

      

7.875%, 7/15/09

    120    124,476

8.25%, 2/01/30

    150    145,472

Quebecor Media, Inc.

      

7.75%, 3/15/16

    570    578,550

Rainbow National Services LLC

      

8.75%, 9/01/12 (a)

    205    213,200

RH Donnelley Corp.

      

Series A-2

      

6.875%, 1/15/13

    252    238,770

Sinclair Broadcast Group, Inc.

      

8.00%, 3/15/12

    3    2,698

Sirius Satellite Radio, Inc.

      

9.625%, 8/01/13

    190    186,200

Univision Communications, Inc.

      

7.85%, 7/15/11

    270    278,100

XM Satellite Radio, Inc.

      

9.75%, 5/01/14 (c)

    170    166,600
       
      8,250,887
       

Communications - Telecommunications - 2.6%

      

American Tower Corp.

      

7.125%, 10/15/12

    427    436,607

Citizens Communications Co.

      

6.25%, 1/15/13

    490    469,788

Cricket Communications, Inc.

      

9.375%, 11/01/14

    325    335,563

Digicel Ltd.

      

9.25%, 9/01/12 (a)

    349    367,759

Dobson Cellular Systems, Inc.

      

Series B

      

8.375%, 11/01/11

    143    149,435

Dobson Communications Corp.

      

8.875%, 10/01/13 (c)

    185    193,325

Inmarsat Finance PLC

      

7.625%, 6/30/12

    372    384,555

Level 3 Financing, Inc.

      

9.25%, 11/01/14

    575    580,750

12.25%, 3/15/13

    276    316,710

PanAmSat Corp.

      

9.00%, 8/15/14

    313    326,302

Rural Cellular Corp.

      

8.25%, 3/15/12

    165    168,712

Time Warner Telecom Holdings, Inc.

      

9.25%, 2/15/14

    100    106,000

Windstream Corp.

      

8.125%, 8/01/13

    198    206,910

8.625%, 8/01/16

    156    164,970
       
      4,207,386
       

Consumer Cyclical - Automotive - 3.5%

      

Ford Motor Co.

      

7.45%, 7/16/31 (c)

    716    571,905

Ford Motor Credit Co.

      

4.95%, 1/15/08

    380    377,154

7.00%, 10/01/13

    443    410,438

8.105%, 1/13/12 (b)

    630    628,402

General Motors Acceptance Corp.

      

6.875%, 9/15/11

    765    752,495

8.00%, 11/01/31

    165    168,726

General Motors Corp.

      

8.25%, 7/15/23 (c)

    740    674,325

8.375%, 7/15/33 (c)

    720    657,000

The Goodyear Tire & Rubber Co.

      

8.625%, 12/01/11 (a)

    58    61,045

9.00%, 7/01/15 (c)

    240    258,546

Keystone Automotive Operations, Inc.

      

9.75%, 11/01/13

    310    269,700

Lear Corp.

      

Series B

      

5.75%, 8/01/14

    110    92,400

8.50%, 12/01/13

    80    76,800

8.75%, 12/01/16

    420    400,050

Visteon Corp.

      

7.00%, 3/10/14 (c)

    310    267,375
       
      5,666,361
       

 

Consumer Cyclical - Other - 4.9%

      

Boyd Gaming Corp.

      

7.75%, 12/15/12

    155    158,875

Broder Brothers Co.

      

Series B

      

11.25%, 10/15/10

    142    140,048

Caesars Entertainment, Inc.

      

7.875%, 3/15/10

    150    153,570

Gaylord Entertainment Co.

      

8.00%, 11/15/13

    350    354,812

Greektown Holdings LLC

      

10.75%, 12/01/13 (a)

    240    254,400

Harrah’s Operating Co., Inc

      

5.625%, 6/01/15

    695    566,425

6.50%, 6/01/16

    145    121,075

Host Hotels & Resorts LP

      

6.875%, 11/01/14

    85    84,044

Host Marriott LP

      

Series Q

      

6.75%, 6/01/16

    590    578,200

KB Home

      

7.75%, 2/01/10

    230    228,850

Levi Strauss & Co.

      

8.875%, 4/01/16

    225    230,625

Mandalay Resort Group

      

Series B

      

10.25%, 8/01/07

    535    537,006

MGM Mirage

      

6.625%, 7/15/15

    620    563,425

8.375%, 2/01/11

    620    633,950

Mohegan Tribal Gaming Auth

      

6.375%, 7/15/09

    155    153,450

7.125%, 8/15/14

    150    148,500

NCL Corp.

      

10.625%, 7/15/14

    180    173,700

Park Place Entertainment

      

7.00%, 4/15/13

    305    319,488

Penn National Gaming, Inc.

      

6.875%, 12/01/11

    280    284,550

Riviera Holdings Corp.

      

11.00%, 6/15/10

    385    399,118

Six Flags, Inc.

      

9.625%, 6/01/14 (c)

    150    139,125

Station Casinos, Inc.

      

6.625%, 3/15/18

    85    73,100

Turning Stone Resort Casino Enterprise

      

9.125%, 12/15/10 (a)

    300    305,250

Universal City Development Partners

      

11.75%, 4/01/10

    335    355,100

Universal City Florida Holding Co.

      

8.375%, 5/01/10

    110    112,475

William Lyon Homes, Inc.

      

10.75%, 4/01/13

    206    193,640

Wynn Las Vegas LLC/Corp.

      

6.625%, 12/01/14

    695    669,806
       
      7,932,607
       

Consumer Cyclical - Retailers - 1.0%

      

Autonation, Inc.

      

7.374%, 4/15/13 (b)

    55    54,862

The Bon-Ton Dept Stores, Inc.

      

10.25%, 3/15/14 (c)

    235    237,937

Burlington Coat Factory Warehouse Corp.

      

11.125%, 4/15/14

    130    126,750

Couche-Tard, Inc.

      

7.50%, 12/15/13

    333    335,498

GSC Holdings Corp.

      

8.00%, 10/01/12

    460    480,700

Rite Aid Corp.

      

6.875%, 8/15/13 (c)

    230    202,400

9.25%, 6/01/13 (c)

    210    208,425
       
      1,646,572
       

Consumer Non-Cyclical - 3.8%

      

Albertson’s, Inc.

      

7.45%, 8/01/29

    510    497,418

Aramark Corp.

      

8.50%, 2/01/15 (a)

    385    391,738

Chaoda Modern Agriculture

      

7.75%, 2/08/10

    519    524,709

Community Health Systems, Inc.

      

8.875%, 7/15/15 (a)

    294    298,043

DaVita, Inc.

      

7.25%, 3/15/15

    175    172,813

Dole Food Co., Inc

      

7.25%, 6/15/10

    5    4,825

Dole Food Company, Inc.

      

8.625%, 5/01/09

    180    179,550

8.875%, 3/15/11

    92    90,620

Elan Finance PLC/Elan Finance Corp.

      

7.75%, 11/15/11

    590    590,738

Hanger Orthopedic Group, Inc.

      

10.25%, 6/01/14

    190    204,250

HCA, Inc.

      

6.25%, 2/15/13

    5    4,512

6.375%, 1/15/15

    415    352,750

6.50%, 2/15/16

    290    245,412

6.75%, 7/15/13

    10    9,100

7.875%, 2/01/11

    415    421,225

9.625%, 11/15/16 (a)(g)

    485    521,375

Healthsouth Corp.

      

10.75%, 6/15/16

    50    54,250

IASIS Healthcare Corp.

      

8.75%, 6/15/14

    270    270,000

 

Select Medical Corp.

      

7.625%, 2/01/15 (c)

    285    255,075

Stater Brothers Holdings

      

8.125%, 6/15/12

    165    166,237

Tenet Healthcare Corp.

      

7.375%, 2/01/13

    270    244,012

9.875%, 7/01/14

    150    148,500

Triad Hospitals, Inc.

      

7.00%, 11/15/13

    6    6,255

Ventas Realty LP/CAP CRP

      

6.75%, 4/01/17

    157    155,037

Viant Holdings, Inc.

      

10.125%, 7/15/17 (a)

    168    168,840

Visant Corp.

      

7.625%, 10/01/12

    210    208,950
       
      6,186,234
       

Energy - 1.1%

      

Chesapeake Energy Corp.

      

7.50%, 9/15/13

    185    188,238

7.75%, 1/15/15

    485    493,488

Compagnie Generale de Geophysique-Veritas

      

7.50%, 5/15/15

    105    105,000

7.75%, 5/15/17

    25    25,313

Hilcorp Energy I LP/Hilcorp Finance Co.

      

7.75%, 11/01/15 (a)

    100    97,000

PetroHawk Energy Corp.

      

Series WI

      

9.125%, 7/15/13

    217    229,477

Range Resources Corp.

      

7.50%, 5/15/16

    265    268,312

Tesoro Corp.

      

6.25%, 11/01/12

    400    397,000
       
      1,803,828
       

Other Industrial - 0.4%

      

FastenTech, Inc.

      

11.50%, 5/01/11

    170    179,775

RBS Global, Inc. and Rexnord Corp.

      

9.50%, 8/01/14

    250    257,500

11.75%, 8/01/16 (c)

    115    124,200
       
      561,475
       

Services - 0.3%

      

Noble Group Ltd.

      

Series REGS

      

6.625%, 3/17/15 (a)

    401    369,185

West Corp.

      

9.50%, 10/15/14

    80    82,000
       
      451,185
       

Technology - 2.1%

      

Amkor Technology, Inc.

      

9.25%, 6/01/16

    175    180,250

Avago Technologies Finance

      

10.125%, 12/01/13

    230    244,950

Computer Associates, Inc.

      

4.75%, 12/01/09 (a)

    200    195,181

Flextronics International Ltd.

      

6.50%, 5/15/13

    335    315,738

Freescale Semiconductor, Inc.

      

8.875%, 12/15/14 (a)

    580    553,900

10.125%, 12/15/16 (a)(c)

    145    136,300

Iron Mountain, Inc.

      

6.625%, 1/01/16

    335    307,362

Nortel Networks Ltd.

      

10.125%, 7/15/13 (a)

    235    252,037

NXP BV / NXP Funding LLC

      

8.106%, 10/15/13 (b)

    170    170,212

9.50%, 10/15/15

    80    78,800

Seagate Technology HDD Holding

      

6.375%, 10/01/11

    223    217,425

Serena Software, Inc.

      

Series WI

      

10.375%, 3/15/16

    270    290,925

Sungard Data Systems, Inc.

      

9.125%, 8/15/13

    490    501,638
       
      3,444,718
       

Transportation - Airlines - 0.4%

      

AMR Corp.

      

9.00%, 8/01/12 (c)

    242    248,050

Continental Airlines, Inc.

      

8.75%, 12/01/11

    260    254,800

Series RJO3

      

7.875%, 7/02/18

    84    86,297
       
      589,147
       

Transportation - Services - 0.5%

      

Avis Budget Car Rental

      

7.75%, 5/15/16

    315    321,300

Hertz Corp.

      

8.875%, 1/01/14

    205    213,713

10.50%, 1/01/16

    235    259,675
       
      794,688
       
      54,111,670
       

Utility - 5.2%

      

Electric - 4.0%

      

The AES Corp.

      

7.75%, 3/01/14

    555    556,388

8.75%, 5/15/13 (a)

    75    79,125

Allegheny Energy Supply

      

7.80%, 3/15/11

    280    290,500

8.25%, 4/15/12 (a)

    345    367,425

CMS Energy Corp.

      

8.50%, 4/15/11

    215    228,678

Dynegy Holdings, Inc.

      

7.75%, 6/01/19 (a)

    475    441,750

8.375%, 5/01/16

    425    415,438

Edison Mission Energy

      

7.00%, 5/15/17 (a)

    200    188,500

7.50%, 6/15/13

    500    495,000

7.75%, 6/15/16

    170    169,150

Mirant Americas Generation LLC

      

8.50%, 10/01/21

    400    418,000

NRG Energy, Inc.

      

7.25%, 2/01/14

    85    85,212

7.375%, 2/01/16 - 1/15/17

    920    922,856

Reliant Energy, Inc.

      

7.625%, 6/15/14

    185    180,375

7.875%, 6/15/17

    225    218,813

9.25%, 7/15/10

    1    994

Sierra Pacific Resources

      

8.625%, 3/15/14

    260    279,061

TECO Energy, Inc.

      

7.00%, 5/01/12

    425    439,184

TXU Corp.

      

Series P

      

5.55%, 11/15/14

    475    403,240

Series Q

      

6.50%, 11/15/24

    379    313,379
       
      6,493,068
       

Natural Gas - 1.2%

      

El Paso Corp.

      

7.375%, 12/15/12

    265    272,633

Enterprise Products Operating

      

8.375%, 8/01/66 (h)

    460    490,936

Regency Energy Partners

      

8.375%, 12/15/13 (a)

    150    154,500

Williams Cos, Inc.

      

7.625%, 7/15/19

    930    981,150
       
      1,899,219
       
      8,392,287
       

Non Corporate Sectors - 2.7%

      

Derivatives - RACERS - 2.7%

      

Racers SER 06-6-T

      

5.296%, 5/01/07 (a)(b)

    4,200    4,396,060
       

Financial Institutions - 1.5%

      

Banking - 0.5%

      

ALB Finance BV

      

9.25%, 9/25/13 (a)

    273    272,798

Kazkommerts International BV

      

Series REGS

      

8.50%, 4/16/13 (a)

    350    357,665

RS Finance (RSB)

      

7.50%, 10/07/10 (a)

    270    261,533
       
      891,996
       

Brokerage - 0.5%

      

E*Trade Financial Corp.

      

7.375%, 9/15/13

    100    101,500

7.875%, 12/01/15

    643    669,524
       
      771,024
       

Insurance - 0.2%

      

Crum & Forster Holdings Corp.

      

7.75%, 5/01/17 (a)

    220    215,050

Liberty Mutual Group, Inc.

      

7.80%, 3/15/37 (a)

    95    89,291
       
      304,341
       

Other Finance - 0.3%

      

Trains HY-1-2006

      

7.548%, 5/01/16 (a)

    506    497,016
       
      2,464,377
       

Credit Default Index Holdings - 1.3%

      

DJ CDX.NA.HY-100 - 1.3%

      

CDX North America High Yield

      

Series 8-T1

      

7.625%, 6/29/12 (a)(c)

    1,100    1,046,375

Dow Jones CDX HY

      

Series S4-T1

      

8.25%, 6/29/10 (a)(c)

    945    957,065
       
      2,003,440
       

Total Corporates - Non-Investment Grades
(cost $75,886,855)

       71,367,834
       

EMERGING MARKETS - NON-INVESTMENT GRADES - 37.9%

      

Non Corporate Sectors - 36.7%

      

Sovereign - 36.7%

      

Argentina - 2.8%

      

Republic of Argentina

      

5.475%, 8/03/12 (b)

    2,750    2,611,923

8.28%, 12/31/33

    1,727    1,674,999

Series V

      

7.00%, 3/28/11

    275    268,713
       
      4,555,635
       

Brazil - 7.6%

      

Republic of Brazil

      

6.00%, 1/17/17

    173    169,540

7.125%, 1/20/37

    5,272    5,714,848

8.25%, 1/20/34

    2,929    3,595,348

8.875%, 10/14/19

    2,329    2,835,558
       
      12,315,294
       

Colombia - 1.8%

      

Republic of Colombia

      

7.375%, 9/18/37

    950    1,057,825

10.75%, 1/15/13

    237    289,496

11.75%, 2/25/20

    1,028    1,518,870
       
      2,866,191
       

Costa Rica - 0.2%

      

Republic of Costa Rica

      

8.05%, 1/31/13 (a)

    181    195,751

8.11%, 2/01/12 (a)

    188    201,160
       
      396,911
       

Dominican Republic - 0.3%

      

Dominican Republic

      

8.625%, 4/20/27 (a)(b)

    370    417,175
       

Ecuador - 0.1%

      

Republic of Ecuador

      

10.00%, 8/15/30 (a)(i)

    216    177,120
       

El Salvador - 0.6%

      

Republic of El Salvador

      

7.625%, 9/21/34 (a)

    150    171,375

7.65%, 6/15/35 (a)

    355    404,345

8.50%, 7/25/11 (a)

    400    436,600
       
      1,012,320
       

Indonesia - 1.9%

      

Republic of Indonesia

      

6.625%, 2/17/37 (a)

    420    404,250

6.75%, 3/10/14

    945    968,625

6.875%, 3/09/17 (a)(j)

    378    389,340

7.25%, 4/20/15 (a)

    476    500,990

7.50%, 1/15/16 (a)

    270    288,225

8.50%, 10/12/35 (a)

    390    463,125
       
      3,014,555
       

Jamaica - 0.3%

      

Government of Jamaica

      

9.25%, 10/17/25

    100    113,000

10.625%, 6/20/17

    270    321,975
       
      434,975
       

Lebanon - 0.6%

      

Lebanese Republic

      

7.875%, 5/20/11 (a)

    325    313,625

10.125%, 8/06/08 (a)

    556    563,506

11.625%, 5/11/16 (a)

    146    167,681
       
      1,044,812
       

Pakistan - 0.3%

      

Republic of Pakistan

      

6.875%, 6/01/17 (a)

    438    420,480
       

Panama - 3.1%

      

Republic of Panama

      

6.70%, 1/26/36

    3    3,037

7.125%, 1/29/26

    927    981,693

7.25%, 3/15/15

    1,728    1,844,640

8.875%, 9/30/27

    724    911,516

9.375%, 7/23/12 - 4/01/29

    1,028    1,277,230
       
      5,018,116
       

Peru - 3.4%

      

Republic of Peru

      

7.35%, 7/21/25

    2,611    2,908,654

8.375%, 5/03/16

    778    904,425

8.75%, 11/21/33 (j)

    1,299    1,682,205

9.875%, 2/06/15

    19    23,560
       
      5,518,844
       

Philippines - 4.8%

      

Republic of Philippines

      

7.50%, 9/25/24 (j)

    700    756,000

7.75%, 1/14/31

    340    375,700

8.25%, 1/15/14

    226    247,470

8.375%, 2/15/11

    31    33,170

8.875%, 3/17/15

    1,888    2,161,760

9.00%, 2/15/13

    44    49,280

9.50%, 2/02/30

    431    561,895

9.875%, 1/15/19 (j)

    2,628    3,317,850

10.625%, 3/16/25

    205    285,462
       
      7,788,587
       

Russia - 0.1%

      

Alfa Bond Issuance PLC

      

8.625%, 12/09/15

    225    227,475
       

Turkey - 4.9%

      

Republic of Turkey

      

6.875%, 3/17/36

    1,611    1,524,409

7.00%, 6/05/20

    1,150    1,148,850

7.375%, 2/05/25

    1,523    1,559,552

9.50%, 1/15/14

    151    172,706

11.00%, 1/14/13

    610    731,390

11.50%, 1/23/12

    1,447    1,736,400

11.75%, 6/15/10

    883    1,021,189
       
      7,894,496
       

Uruguay -1.3%

      

Republic of Uruguay

      

7.625%, 3/21/36

    140    153,300

7.875%, 1/15/33 (g)

    1,078    1,201,591

8.00%, 11/18/22

    92    102,127

9.25%, 5/17/17

    505    603,475
       
      2,060,493
       

Venezuela - 2.2%

      

Republic of Venezuela

      

5.75%, 2/26/16

    733    622,625

6.00%, 12/09/20

    233    190,477

6.355%, 4/20/11 (a)(b)

    120    116,808

7.00%, 12/01/18 (a)

    544    492,320

7.65%, 4/21/25

    910    834,925

8.50%, 10/08/14

    52    52,650

9.25%, 9/15/27

    159    166,155

10.75%, 9/19/13

    924    1,027,950
       
      3,503,910
       

Ukraine - 0.4%

      

Ukraine Government International Bond

      

6.58%, 11/21/16 (a)

    334    331,495

7.65%, 6/11/13 (a)

    217    230,020
       
      561,515
       
      59,228,904
       

Industrial - 0.7%

      

Communications - Media - 0.2%

      

Gallery Capital SA

      

Series REGS

      

10.125%, 5/15/13 (a)

    249    249,249
       

Communications - Telecommunications - 0.4%

      

Mobile Telesystems Finance SA

      

Series REGS

      

9.75%, 1/30/08 (a)

    625    635,938
       

Consumer Cyclical - Other - 0.1%

      

Royal Caribbean Cruises Ltd.

      

8.00%, 5/15/10

    235    246,345
       
      1,131,532
       

 

Financial Institutions - 0.5%

      

Banking - 0.2%

      

Banco BMG SA

      

9.15%, 1/15/16 (a)

    350    369,250
       

Finance - 0.3%

      

IIRSA Norte Finance Ltd.

      

8.75%, 5/30/24 (a)

    399    468,303
       
      837,553
       

Total Emerging Markets - Non-Investment Grades (cost $56,340,066)

       61,197,989
       

GOVERNMENT-RELATED - NON-U.S. ISSUERS - 13.2%

      

Sovereigns - 13.2%

      

Bulgaria - 0.3%

      

Republic of Bulgaria

      

8.25%, 1/15/15 (a)

    355    408,783
       

Malaysia - 1.1%

      

Republic of Malaysia

      

7.50%, 7/15/11

    1,641    1,754,437
       

Mexico - 5.6%

      

United Mexican States

      

8.125%, 12/30/19 (j)

    5,135    6,092,678

11.375%, 9/15/16

    1,296    1,798,200

Series A

      

8.00%, 9/24/22

    1,000    1,198,000
       
      9,088,878

Russia - 6.0%

      

Russian Federation

      

7.5%, 3/31/30 (a)(i)

    7,155    7,852,662

11.00%, 7/24/18 (a)

    435    603,562

Russian Ministry of Finance

      

Series V

      

3.00%, 5/14/08

    1,000    977,500

Series VII

      

3.00%, 5/14/11

    380    342,494
       
      9,776,218
       

South Africa - 0.2%

      

Republic of South Africa

      

5.875%, 5/30/22

    200    195,750

7.375%, 4/25/12

    142    150,875
       
      346,625
       

Total Government-Related—Non-U.S. Issuers (cost $17,242,306)

       21,374,941
       

CORPORATES - INVESTMENT GRADES - 4.3%

      

Industrial - 2.7%

      

Basic - 0.4%

      

Southern Copper Corp.

      

7.50%, 7/27/35

    300    322,061

Vale Overseas Ltd.

      

6.875%, 11/21/36

    279    280,447
       
      602,508
       

Communications - Telecommunications - 0.9%

      

Qwest Corp.

      

8.875%, 3/15/12

    1,360    1,465,400
       

Consumer Non-Cyclical - 0.8%

      

Cadbury Schweppes US Finance LLC

      

5.125%, 10/01/13 (a)

    180    172,921

Reynolds American, Inc.

      

7.25%, 6/01/12 - 6/01/13

    825    855,683

7.625%, 6/01/16

    290    307,049
       
      1,335,653
       

 

Energy - 0.5%

      

Gazprom

      

6.51%, 3/07/22 (a)

    200    197,400

TNK-BP Finance SA

      

7.50%, 7/18/16 (a)

    400    412,400

Series REGS

      

7.50%, 7/18/16 (a)

    175    181,555

Tyumen Oil

      

11.00%, 11/06/07 (a)

    70    71,127
       
      862,482
       

Technology - 0.1%

      

Electronic Data Systems Corp.

      

Series B

      

6.50%, 8/01/13

    178    175,927
       
      4,441,970
       

Non Corporate Sectors - 1.0%

      

Agencies - Not Government Guaranteed - 1.0%

      

Gazprom

      

6.212%, 11/22/16 (a)

    100    97,440

Gazprom OAO

      

9.625%, 3/01/13 (a)

    680    786,216

Petronas Capital Ltd.

      

Series REGS

      

7.00%, 5/22/12

    614    652,056
       
      1,535,712
       

Financial Institutions - 0.4%

      

Banking - 0.1%

      

Russia Agriculture Bank Rshb C

      

6.299%, 5/15/17 (a)

    163    159,544
       

Finance - 0.1%

      

SLM Corp.

      

4.50%, 7/26/10

    130    120,200

5.125%, 8/27/12

    120    106,224
       
      226,424
       

Insurance - 0.2%

      

Liberty Mutual Group, Inc.

      

5.75%, 3/15/14 (a)

    280    270,884
       
      656,852
       

Utility - 0.2%

      

Electric - 0.2%

      

AES El Salvador Trust

      

Series REGS

      

6.75%, 2/01/16 (a)

    270    267,136
       

Total Corporates - Investment Grades (cost $6,673,839)

       6,901,670
       

     Shares       

NON-CONVERTIBLE - PREFERRED STOCKS - 0.2%

      

Financial Institutions - 0.2%

      

REITS - 0.2%

      

Sovereign REIT

      

12.00% (a) (cost $168,350)

    185      265,475  
           

WARRANTS - 0.1%

      

Central Bank of Nigeria, expiring 11/15/20(k)

    1,000      255,000  

Republic of Venezuela, expiring 4/15/20 (k)

   7,140      0  
           

Total Warrants
(cost $0)

         255,000  
           

SHORT-TERM INVESTMENTS - 6.1%

      

Investment Companies - 6.1%

      

AllianceBernstein Fixed-Income Shares,
Inc. - Prime STIF Portfolio (l)
(cost $9,876,166)

    9,876,166      9,876,166  
           

Total Investments Before Security Lending Collateral - 106.0%

      

(cost $166,187,582)

         171,239,075  
           

INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED - 3.8%

      

Short Terms - 3.8%

      

UBS Private Money Market Fund, LLC (cost $6,111,818)

    6,111,818      6,111,818  
           

Total Investments - 109.8%

      

(cost $172,299,400)

         177,350,893  

Other assets less liabilities - (9.8)%

         (15,789,246 )
           

Net Assets - 100.0%

       $ 161,561,647  
           

CREDIT DEFAULT SWAP CONTRACTS

      

 

Swap Counterparty & Referenced Obligation

    Notional
Amount
(000)		    Interest
Rate		     Termination
Date		    Unrealized
Appreciation/
(Depreciation)		  

Buy Contracts:

           

Lehman Brothers Republic of Venezuela 9.25%, 9/15/27

    $ 1,920    1.26 %   3/21/10    $ 42,301  

Swap Counterparty & Referenced Obligation

    Notional
Amount
(000)		    Interest
Rate		     Termination
Date		    Unrealized
Appreciation/
(Depreciation)		  

Sale Contracts:

           

Citigroup Global Markets, Inc. Republic of Philippines 10.625% 3/16/25

    $ 510    4.95 %   3/20/09    $ 38,652  

JPMorgan Chase Gazprom OAO 10.50%, 10/21/09

      1,490    1.04     10/20/10      29,614  

Lehman Brothers Republic of Venezuela 9.25%, 9/15/27

      1,920    0.69     3/21/08      (10,914 )

REVERSE REPURCHASE AGREEMENTS

        

Broker

    Interest
Rate		     Maturity    Amount

ABN Securities, Ltd.

    3.25 %   7/17/07    $ 760,475

ABN Securities, Ltd.

    2.25     8/15/07      395,109

Barclays Capital, Inc.

    3.50     12/31/07      3,576,165

Barclays Capital, Inc.

    5.00     12/31/07      6,371,923

Chase Manhattan Bank

    5.00     8/08/07      1,665,995
           
        $ 12,769,667
           

 

(a) Security is exempt from registration under Rule 144A of the Securities Act of 1933. These securities are considered liquid and may be resold in transactions exempt from registration, normally to qualified institutional buyers. At June 30, 2007, the aggregate market value of these securities amounted to $39,097,694 or 24.2% of net assets.

 

(b) Floating Rate Security. Stated interest rate was in effect at June 30, 2007.

 

(c) Represents entire or partial securities out on loan.

 

(d) Indicates a security that has a zero coupon that remains in effect until a predetermined date at which time the stated coupon rate becomes effective until final maturity.

 

(e) Illiquid security, valued at fair value. (See note A)

 

(f) Security is in default and is non-income producing.

 

(g) Pay-In-Kind Payments (PIK).

 

(h) Variable rate coupon, rate shown as of June 30, 2007.

 

(i) Coupon rate adjusts periodically based upon a predetermined schedule. Stated interest rate in effect at June 30, 2007.

 

(j) Position, or a portion thereof, has been segregated to collateralize reverse repurchase agreements. The aggregate market value of these securities amounted to $12,238,073.

 

(k) Non-income producing security.

 

(l) Investment in affiliated money market mutual fund.

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

 

3

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 ACM Managed Dollar Income Fund, Inc.

By:   /s/ Marc O. Mayer
  Marc O. Mayer
  President

Date: August 20, 2007

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: August 20, 2007

By:   /s/ Joseph J. Mantineo
  Joseph J. Mantineo
  Treasurer and Chief Financial Officer

Date: August 20, 2007

 

4