2014

Alliance California Municipal Income Fund, Inc. Reports Third Quarter Earnings

NEW YORK, Sept. 24, 2012 /PRNewswire/ -- Alliance California Municipal Income Fund, Inc. (NYSE: AKP), a registered closed‑end investment company, today announced earnings for the Fund's third fiscal quarter ended July 31, 2012.

Total net assets of the Fund* on July 31, 2012 were $201,200,786, as compared with $198,232,247 on April 30, 2012 and $190,468,013 on July 31, 2011.  On July 31, 2012, the net asset value per share of common stock was $15.05 based on 8,545,980 shares of common stock outstanding.


July 31, 2012

April 30, 2012

July 31, 2011

Total Net Assets

$201,200,786

$198,232,247

$190,468,013

NAV Per Share

$15.05

$14.71

$13.81

Shares Outstanding

8,545,980

8,541,817

8,536,533

For the period May 1, 2012 through July 31, 2012, total net investment income was $1,689,517 or $0.20 per share of common stock.  The total net realized and unrealized gain was $3,223,960 or $0.38 per share of common stock for the same period.


Third Quarter

Ended

July 31, 2012

Second Quarter

Ended

April 30, 2012

Third Quarter

 Ended

July 31, 2011

Total Net Investment Income

$1,689,517

$1,894,439

$2,045,322

Per Share

$0.20

$0.22

$0.24

Total Net Realized/Unrealized Gain/(Loss)

$3,223,960

($181,720)

$2,595,928

Per Share

$0.38

($0.02)

$0.30

* Total net assets include assets attributable to both common and preferred shares.

Alliance California Municipal Income Fund, Inc. is managed by AllianceBernstein L.P.

SOURCE Alliance California Municipal Income Fund, Inc.



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