The India Fund Announces Earnings For The Three Months Ended March 31, 2011

Loading...
Loading...
The India Fund
IFN
today announced unaudited results for the three months ended March 31, 2011. For the three months ended March 31, 2011, the Fund's net realized gains were $28,890,028 and the net change in unrealized loss was $130,681,640. Net investment loss for the three months ended March 31, 2011 was $3,464,573. For the same three month period ended March 31, 2010, the Fund's net realized gains and net change in unrealized gains were $40,036,732 and $26,396,948, respectively. Net investment loss was $3,259,414. On March 31, 2011, total net assets of the Fund were $1,436,946,757, and the net asset value (“NAV”) per share was $33.42 based on 42,991,523 shares outstanding. The Fund's common stock closed on the New York Stock Exchange on March 31, 2011 at $32.95 per share, representing a discount of 1.41% to the Fund's March 31, 2011 NAV. On March 31, 2010, total net assets of the Fund were $1,590,444,675, and the NAV per share was $34.12 based on 46,615,777 shares outstanding. The Fund's common stock closed on the New York Stock Exchange on March 31, 2010 at $31.54 per share, representing a discount of 7.56% to the Fund's March 31, 2010 NAV.
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNews
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...