Alliance New York Municipal Income Fund, Inc. Reports First Quarter Earnings
NEW YORK, March 26, 2012 /PRNewswire/ -- Alliance New York Municipal Income Fund, Inc. (NYSE: AYN), a registered closed‑end investment company, today announced earnings for the Fund's first fiscal quarter ended January 31, 2012.
Total net assets of the Fund* on January 31, 2012 were $113,242,017, as compared with $110,405,791 on October 31, 2011 and $107,707,828 on January 31, 2011. On January 31, 2012, the net asset value per share of common stock was $15.00 based on 4,829,362 shares of common stock outstanding.
|
January 31, 2012 |
October 31, 2011 |
January 31, 2011 |
Total Net Assets |
$113,242,017 |
$110,405,791 |
$107,707,828 |
NAV Per Share |
$15.00 |
$14.42 |
$13.86 |
Shares Outstanding |
4,829,362 |
4,828,621 |
4,828,621 |
For the period November 1, 2011 through January 31, 2012 total net investment income was $1,097,006 or $0.23 per share of common stock. The total net realized and unrealized gain was $2,820,897 or $0.58 per share of common stock for the same period.
|
First quarter Ended January 31, 2012 |
Fourth quarter Ended October 31, 2011 |
First Quarter Ended January 31, 2011 |
Total Net Investment Income |
$1,097,006 |
$1,107,810 |
$1,173,286 |
Per Share |
$0.23 |
$0.23 |
$0.24 |
Total Net Realized/ Unrealized Gain/(Loss) |
$2,820,897 |
($30,298) |
($4,317,980) |
Per Share |
$0.58 |
($0.01) |
($0.89) |
* 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.
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