AllianceBernstein Income Fund, Inc. Reports Fourth Quarter Earnings

Mar 02, 2016, 13:20 ET from AllianceBernstein Income Fund, Inc.

NEW YORK, March 2, 2016 /PRNewswire/ -- AllianceBernstein Income Fund, Inc. (NYSE: ACG), a registered closed-end investment company, today announced earnings for the fourth quarter ended December 31, 2015.

Total net assets of the Fund on December 31, 2015 were $1,695,956,279, as compared with $1,769,043,887 on September 30, 2015 and $1,901,716,541 on December 31, 2014.  On December 31, 2015 the net asset value per share was $7.86 based on 215,835,608 shares of common stock outstanding.

 

December 31, 2015

September 30, 2015

December 31, 2014

Total Net Assets

$1,695,956,279

$1,769,043,887

$1,901,716,541

NAV Per Share

$7.86

$8.20

$8.34

Shares Outstanding

215,835,608

215,835,608

228,007,850

 

For the period October 1, 2015 through December 31, 2015, total net investment income was $20,611,814 or $0.10 per share.  The total net realized and unrealized loss was $(42,548,541) or $(0.20) per share for the same period.

 

Fourth Quarter

Ended December 31, 2015

Third Quarter

Ended September 30, 2015

Fourth Quarter

Ended December 31, 2014

Total Net Investment

  Income

$20,611,814

$20,580,076

$24,623,596

Per Share

$0.10

$0.10

$0.11

Total Net Realized/   Unrealized Loss

(42,548,541)

(25,854,318)

(2,044,101)

Per Share

($0.20)

($0.12)

($0.01)

 

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

 

SOURCE AllianceBernstein Income Fund, Inc.