NEW YORK, June 28, 2019 /PRNewswire/ -- Alliance
California Municipal Income Fund, Inc. (NYSE: AKP), a registered
closed‑end investment company, today announced earnings for the
Fund's second fiscal quarter ended April 30,
2019.
Total net assets of the Fund* on April
30, 2019 were $158,150,875, as
compared with $155,716,126 on
January 31, 2019 and $155,593,079 on April
30, 2018. On April 30,
2019, the net asset value per share of common stock was
$14.99 based on 8,554,668 shares of
common stock outstanding.
|
April 30,
2019
|
January 31,
2019
|
April 30, 2018
|
|
Total Net
Assets
|
$158,150,875
|
$155,716,126
|
$155,593,079
|
|
NAV Per
Share
|
$14.99
|
$14.71
|
$14.70
|
|
Shares
Outstanding
|
8,554,668
|
8,554,668
|
8,554,668
|
For the period February 1, 2019
through April 30, 2019, total net
investment income was $1,052,882 or $0.12 per share of common stock. The total net
realized and unrealized gain was $2,863,064 or $0.33 per share of common stock for the same
period.
|
Second
Quarter
Ended
April 30,
2019
|
First
Quarter
Ended
January 31, 2019
|
Second
Quarter
Ended
April 30, 2018
|
|
Total Net
Investment
Income
|
$1,052,882
|
$1,211,752
|
$1,203,004
|
|
Per Share
|
$0.12
|
$0.14
|
$0.14
|
|
Total Net
Realized/
Unrealized
Gain (Loss)
|
$2,863,064
|
$2,827,047
|
($3,109,763)
|
|
Per Share
|
$0.33
|
$0.33
|
($0.36)
|
|
|
|
|
|
* 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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SOURCE Alliance California Municipal Income Fund, Inc.