NEW YORK, Dec. 28, 2018 /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, 2018.
Total net assets of the Fund* on October
31, 2018 were $152,956,291, as
compared with $156,918,120 on
July 31, 2018 and $161,456,826 on October
31, 2017. On October 31,
2018, the net asset value per share of common stock was
$14.39 based on 8,554,668 shares of
common stock outstanding.
|
October 31,
2018
|
July 31,
2018
|
October 31,
2017
|
|
Total Net
Assets
|
$152,956,291
|
$156,918,120
|
$161,456,826
|
|
NAV Per
Share
|
$14.39
|
$14.85
|
$15.38
|
|
Shares
Outstanding
|
8,554,668
|
8,554,668
|
8,554,668
|
For the period July 31, 2018
through October 31, 2018, total net
investment income was $1,170,931 or
$0.14 per share of common stock. The
total net realized and unrealized loss was ($3,874,164) or ($0.45) per share of common stock for the same
period.
|
Fourth
Quarter
Ended
October 31,
2018
|
Third
Quarter
Ended
July 31,
2018
|
Fourth
Quarter
Ended
October 31,
2017
|
|
Total Net
Investment
Income
|
$1,170,931
|
$1,234,546
|
$1,188,529
|
|
Per Share
|
$0.14
|
$0.14
|
$0.14
|
|
Total Net
Realized/
Unrealized
Gain (Loss)
|
($3,874,164)
|
$1,340,169
|
$241,552
|
|
Per Share
|
($0.45)
|
$0.16
|
$0.03
|
* Total net assets include assets attributable to both common
and preferred shares.
Alliance California Municipal Income Fund, Inc. is managed by
AllianceBernstein L.P.
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content:http://www.prnewswire.com/news-releases/alliance-california-municipal-income-fund-inc-reports-fourth-quarter-earnings-300771299.html
SOURCE Alliance California Municipal Income Fund, Inc.