NEW YORK, March 29, 2019 /PRNewswire/ -- Alliance
California Municipal Income Fund, Inc. (NYSE: 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
Income
|
$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.
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SOURCE Alliance California Municipal Income Fund, Inc.