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Wed, January 2, 2013
Mon, December 31, 2012
Fri, December 28, 2012 Alliance California Municipal Income Fund, Inc. Reports Fourth Quarter Earnings
Alliance California Municipal Income Fund, Inc. Reports Fourth Quarter Earnings -- NEW YORK, Dec. 28, 2012 /PRNewswire/ --
NEW YORK, Dec. 28, 2012 /PRNewswire/ -- Alliance California Municipal Income Fund, Inc. (NYSE: [ AKP ]), a registered closed‑end investment company, today announced earnings for the Fund's fourth fiscal quarter ended October 31, 2012.
Total net assets of the Fund* on October 31, 2012 were $201,262,705, as compared with $201,200,786 on July 31, 2012 and $192,515,189 on October 31, 2011. On October 31, 2012, the net asset value per share of common stock was $15.05 based on 8,551,198 shares of common stock outstanding.
October 31, 2012 | July 31, 2012 | October 31, 2011 | |
Total Net Assets | $201,262,705 | $201,200,786 | $192,515,189 |
NAV Per Share | $15.05 | $15.05 | $14.05 |
Shares Outstanding | 8,551,198 | 8,545,980 | 8,536,533 |
For the period August 1, 2012 through October 31, 2012, total net investment income was $1,611,814 or $0.19 per share of common stock. The total net realized and unrealized gain was $1,039,456 or $0.12 per share of common stock for the same period.
Fourth Quarter Ended October 31, 2012 | Third Quarter Ended July 31, 2012 | Fourth Quarter Ended October 31, 2011 | |
Total Net Investment | $1,611,814 |
$1,689,517 |
$2,050,849 |
Per Share | $0.19 | $0.20 | $0.24 |
Total Net Realized/ | $1,039,456 |
$3,223,960 |
$1,349,046 |
Per Share | $0.12 | $0.38 | $0.16 |
* Total net assets include assets attributable to both common and preferred shares.
Alliance California Municipal Income Fund, Inc. is managed by AllianceBernstein L.P.
SOURCE Alliance California Municipal Income Fund, Inc.
