AllianceBernstein Income Fund, Inc. Reports First Quarter Earnings

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  Published in Business and Finance on Friday, May 25th 2012 at 13:16 GMT by Market Wire
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AllianceBernstein Income Fund, Inc. Reports First Quarter Earnings -- NEW YORK, May 25, 2012 /PRNewswire/ --

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NEW YORK, May 25, 2012 /PRNewswire/ -- AllianceBernstein Income Fund, Inc. (NYSE: [ ACG ]), a registered closed‑end investment company, today announced earnings for the first quarter ended March 31, 2012.

Total net assets of the Fund on March 31, 2012 were $2,193,555,749, as compared with $2,168,409,027 on December 31, 2011 and $2,124,955,576 on March 31, 2011.  On March 31, 2012 the net asset value per share was $9.03 based on 242,911,697 shares of common stock outstanding.

For the period January 1, 2012 through March 31, 2012, total net investment income was $25,076,067 or $0.10 per share.  The total net realized and unrealized gain was $19,218,863 or $0.08 per share for the same period.

AllianceBernstein Income Fund, Inc. is managed by AllianceBernstein L.P.

SOURCE AllianceBernstein Income Fund, Inc.