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AllianceBernstein Income Fund, Inc. Reports Third Quarter Earnings

 

NEW YORK, Nov. 27 /PRNewswire-FirstCall/ -- AllianceBernstein Income Fund, Inc. (NYSE: ACG), a registered closed-end investment company, today announced earnings for the third quarter ended September 30, 2009.

Total net assets of the Fund on September 30, 2009 were $2,030,637,821, as compared with $1,909,282,336 on June 30, 2009 and $1,939,927,751 on September 30, 2008. On September 30, 2009 the net asset value per share was $8.36 based on 242,911,697 shares of common stock outstanding.



                   September 30, 2009  June 30, 2009 September 30, 2008
                   ------------------  ------------- ------------------
Total Net Assets       $2,030,637,821 $1,909,282,336     $1,939,927,751
NAV Per Share                   $8.36          $7.87              $8.00
Shares Outstanding        242,911,697    242,705,693        242,556,594


For the period July 1, 2009 through September 30, 2009, total net investment income was $33,695,063 or $0.14 per share. The total net realized and unrealized gain was $122,387,449 or $0.50 per share for the same period.



                          Third Quarter Second Quarter      Third Quarter
                                  Ended          Ended              Ended
                     September 30, 2009  June 30, 2009 September 30, 2008
                     ------------------  ------------- ------------------
Total Net Investment                       $32,739,640
  Income                    $33,695,063                       $36,240,658
Per Share                         $0.14          $0.13              $0.15
Total Net Realized/
 Unrealized Gain
 (Loss)
                           $122,387,449    $98,048,066      ($102,923,525)
Per Share                         $0.50          $0.40             ($0.42)


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

SOURCE AllianceBernstein Income Fund, Inc.

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