AllianceBernstein Global High Income Fund, Inc. Reports Second Quarter Earnings
NEW YORK, Nov. 26, 2010 /PRNewswire-FirstCall/ -- AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF), a registered closedend investment company, today announced earnings for the second quarter ended September 30, 2010.
Total net assets of the Fund on September 30, 2010 were $1,286,451,058, as compared with $1,199,399,101 on June 30, 2010 and $ 1,144,746,860 on September 30, 2009. On September 30, 2010 the net asset value per share was $15.10 based on 85,171,833 shares outstanding.
September 30, 2010 |
June 30, 2010 |
September 30, 2009 |
||
Total Net Assets |
$1,286,451,058 |
$1,199,399,101 |
$1,144,746,860 |
|
NAV Per Share |
$15.10 |
$14.08 |
$13.44 |
|
Shares Outstanding |
85,171,833 |
85,171,833 |
85,172,033 |
|
For the period July 1, 2010 through September 30, 2010, total net investment income was $27,996,365 or $0.33 per share. The total net realized and unrealized loss was $84,435,226 or $0.99 per share for the same period.
Second Quarter Ended September 30, 2010 |
First Quarter Ended June 30, 2010 |
Second Quarter Ended September 30, 2009 |
||
Total Net Investment Income |
$27,996,365 |
$26,354,336 |
$25,783,821 |
|
Per Share |
$0.33 |
$0.31 |
$0.30 |
|
Total Net Realized/ Unrealized Gain/(Loss) |
$84,435,226 |
$(34,209,216) |
*$150,568,954 |
|
Per Share |
$0.99 |
$(0.40) |
*$1.77 |
|
On September 25, 2009, AllianceBernstein Global High Income Fund, Inc. acquired all of the assets of ACM Managed Dollar Income Fund, Inc.
* The amount presented above represents the gain for the quarter in addition to unrealized appreciation of $4,515,708 from the merger with ACM Managed Dollar Income Fund, Inc.
AllianceBernstein Global High Income Fund, Inc. is managed by AllianceBernstein L.P.
SOURCE AllianceBernstein Global High Income Fund, Inc.
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