2014

Alliance New York Municipal Income Fund, Inc. Reports Fourth Quarter Earnings

NEW YORK, Dec. 31, 2013 /PRNewswire/ -- Alliance New York Municipal Income Fund, Inc. (NYSE: AYN), a registered closed-end investment company, today announced earnings for the Fund's fourth fiscal quarter ended October 31, 2013.

Total net assets of the Fund* on October 31, 2013 were $106,245,500, as compared with $105,554,790 on July 31, 2013 and $113,286,760 on October 31, 2012.  On October 31, 2013, the net asset value per share of common stock was $13.53 based on 4,836,261 shares of common stock outstanding.


October 31, 2013

July 31, 2013

October 31, 2012





Total Net Assets

$106,245,500

$105,554,790

$113,286,760

NAV Per Share

$13.53

$13.39

$14.99

Shares Outstanding

4,836,261

4,836,261

4,835,496

For the period August 1, 2013 through October 31, 2013 total net investment income was $776,821 or $0.16 per share of common stock. The total net realized and unrealized gain was $671,499 or $0.14 per share of common stock for the same period.


Fourth Quarter

Ended

October 31, 2013

Third Quarter

Ended

July 31, 2013

Fourth Quarter

Ended

October 31, 2012





Total Net Investment      

  Income

$776,821

$747,753

$823,472

Per Share

$0.16

$0.15

$0.17

Total Net Realized/

  Unrealized Gain/(Loss)

$671,499

($7,371,822)

($98,303)

Per Share

$0.14

($1.52)

($0.02)

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

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

SOURCE Alliance New York Municipal Income Fund, Inc.



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