Alliance California Municipal Income Fund, Inc. Reports Fourth Quarter Earnings
Freitag, 29.12.2017 22:10 von PR Newswire
PR Newswire
NEW YORK, Dec. 29, 2017
NEW YORK, Dec. 29, 2017 /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, 2017.
Total net assets of the Fund* on October 31, 2017 were $161,456,826, as compared with $161,343,269 on July 31, 2017 and $165,418,278 on October 31, 2016. On October 31, 2017, the net asset value per share of common stock was $15.38 based on 8,554,668 shares of common stock outstanding.
October 31, 2017 |
July 31, 2017 |
October 31, 2016 | |
Total Net Assets |
$161,456,826 |
$161,343,269 |
$165,418,278 |
NAV Per Share |
$15.38 |
$15.37 |
$15.84 |
Shares Outstanding |
8,554,668 |
8,554,668 |
8,554,668 |
For the period August 1, 2017 through October 31, 2017, total net investment income was $1,188,529 or $0.14 per share of common stock. The total net realized and unrealized gain was $241,552 or $0.03 per share of common stock for the same period.
Fourth Quarter Ended October 31, 2017 |
Third Quarter Ended July 31, 2017 |
Fourth Quarter Ended October 31, 2016 | |
Total Net Investment |
$1,188,529 |
$1,187,303 |
$1,227,611 |
Per Share |
$0.14 |
$0.14 |
$0.14 |
Total Net Realized/ Unrealized Gain |
$241,552 |
$2,520,482 |
($2,793,201) |
Per Share |
$0.03 |
$0.29 |
($0.33) |
* 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.