AllianceBernstein Income Fund, Inc. Reports First Quarter Earnings

23 May, 2014, 16:06 ET from AllianceBernstein Income Fund, Inc.

NEW YORK, May 23, 2014 /PRNewswire/ -- AllianceBernstein Income Fund, Inc. (NYSE: ACG), a registered closed‑end investment company, today announced earnings for the first quarter ended March 31, 2014.

Total net assets of the Fund on March 31, 2014 were $2,015,974,135, as compared with $1,975,693,494 on December 31, 2013 and $2,156,924,950 on March 31, 2013.  On March 31, 2014 the net asset value per share was $8.30 based on 242,911,697 shares of common stock outstanding.

March 31, 2014

December 31,2013

March 31, 2013

Total Net Assets

$2,015,974,135

$1,975,693,494

$2,156,924,950

NAV Per Share

$8.30

$8.13

$8.88

Shares Outstanding

242,911,697

242,911,697

242,911,697

For the period January 1, 2014 through March 31, 2014, total net investment income was $25,688,433 or $0.11 per share.  The total net realized and unrealized gain was $39,770,005 or $0.16 per share for the same period.

First Quarter

Ended

March 31, 2014

Fourth Quarter

Ended

December 31,2013

First Quarter

Ended

March 31, 2013

Total Net Investment

  Income

$25,688,433

$25,066,142

$23,993,211

Per Share

$0.11

$0.10

$0.10

Total Net Realized/   Unrealized Gain/(Loss)

$39,770,005

$(96,601,526)

$68,004,557

Per Share

$0.16

($0.40)

$0.28

AllianceBernstein Income Fund, Inc. is managed by AllianceBernstein L.P.

SOURCE AllianceBernstein Income Fund, Inc.