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

NEW YORK, June 28, 2013 /PRNewswire/ -- Alliance New York Municipal Income Fund, Inc. (NYSE: AYN), a registered closed‑end investment company, today announced earnings for the Fund's second fiscal quarter ended April 30, 2013.

Total net assets of the Fund* on April 30, 2013 were $112,943,724, as compared with $112,648,740 on January 31, 2013 and $112,308,902 on April 30, 2012.  On April 30, 2013, the net asset value per share of common stock was $14.92 based on4,836,261 shares of common stock outstanding.


April 30, 2013

January 31, 2013

April 30, 2012

Total Net Assets

$112,943,724

$112,648,740

$112,308,902

NAV Per Share

$14.92

$14.86

$14.80

Shares Outstanding

4,836,261

4,836,261

4,830,863

For the period February 1, 2013 through April 30, 2013 total net investment income was $746,408 or $0.15 per share of common stock. The total net realized and unrealized gain was $448,588 or $0.09 per share of common stock for the same period.


Second quarter

Ended

April 30, 2013

First quarter

Ended

January 31, 2013

Second Quarter

Ended

April 30, 2012

Total Net Investment      

  Income

$746,408

$796,339

 

$999,443

Per Share

$0.15

$0.16

$0.21

Total Net Realized/

  Unrealized Gain/(Loss)

$448,588

($716,028)

 

($900,348)

Per Share

$0.09

($0.15)

($0.19)

* 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.



RELATED LINKS
https://www.alliancebernstein.com

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