ALLIANCE CALIFORNIA MUNICIPAL INCMFNDINC 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 | $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.
