NEW YORK, March 29, 2019 /PRNewswire/ -- Alliance California Municipal Income Fund, Inc. AKP, a registered closed‑end investment company, today announced earnings for the Fund's First fiscal quarter ended January 31, 2019.
Total net assets of the Fund* on January 31, 2019 were $155,716,126, as compared with $152,956,291 on October 31, 2018 and $158,730,228 on January 31, 2018. On January 31, 2019, the net asset value per share of common stock was $14.71 based on 8,554,668 shares of common stock outstanding.
January 31, 2019 | October 31, 2018 | January 31, 2018 | |
Total Net Assets | $155,716,126 | $152,956,291 | $158,730,228 |
NAV Per Share | $14.71 | $14.39 | $15.06 |
Shares Outstanding | 8,554,668 | 8,554,668 | 8,554,668 |
For the period November 1, 2018 through January 31, 2019, total net investment income was $1,211,752 or $0.14 per share of common stock. The total net realized and unrealized gain was $2,827,047 or $0.33 per share of common stock for the same period.
First Quarter Ended January 31, 2019 | Fourth Quarter Ended October 31, 2018 | First Quarter Ended January 31, 2018 | |
Total Net Investment | $1,211,752 | $1,170,931 | $1,256,331 |
Per Share | $0.14 | $0.14 | $0.15 |
Total Net Realized/ Unrealized Gain (Loss) | $2,827,047 | ($3,874,164) | ($2,674,732) |
Per Share | $0.33 | ($0.45) | ($0.31) |
* 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.
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