NEW YORK, June 23, 2017 /PRNewswire/ -- Alliance California Municipal Income Fund, Inc. AKP, a registered closed‑end investment company, today announced earnings for the Fund's second fiscal quarter ended April 30, 2017.
Total net assets of the Fund* on April 30, 2017 were $158,949,582, as compared with $157,190,299 on January 31, 2017 and $165,550,453 on April 30, 2016. On April 30, 2017, the net asset value per share of common stock was $15.09 based on 8,554,668 shares of common stock outstanding.
|
April 30, 2017 |
January 31, 2017 |
April 30, 2016 | |||
|
Total Net Assets |
$158,949,582 |
$157,190,299 |
$165,550,453 | ||
|
NAV Per Share |
$15.09 |
$14.88 |
$15.86 | ||
|
Shares Outstanding |
8,554,668 |
8,554,668 |
8,554,668 |
For the period February 1, 2017 through April 30, 2017, total net investment income was $1,196,858 or $0.14 per share of common stock. The total net realized and unrealized gain was $1,900,771 or $0.22 per share of common stock for the same period.
|
Second Quarter Ended April 30, 2017 |
First Quarter Ended January 31, 2017 |
Second Quarter Ended April 30, 2016 | |||
|
Total Net Investment |
$1,196,858 |
$1,393,749 |
$1,391,402 | ||
|
Per Share |
$0.14 |
$0.16 |
$0.16 | ||
|
Total Net Realized/ Unrealized Gain (Loss) |
$1,900,771 |
($8,217,089) |
$1,591,171 | ||
|
Per Share |
$0.22 |
($0.96) |
$0.19 |
* Total net assets include assets attributable to both common and preferred shares.
Alliance California Municipal Income Fund, Inc. is managed by AllianceBernstein L.P.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/alliance-california-municipal-income-fund-inc-reports-second-quarter-earnings-300479109.html
SOURCE Alliance California Municipal Income Fund, Inc.
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