Alliance New York Municipal Income Fund, Inc. Reports Fourth Quarter Earnings
NEW YORK, Dec. 31, 2013 /PRNewswire/ -- Alliance New York Municipal Income Fund, Inc. (NYSE: AYN), a registered closed-end investment company, today announced earnings for the Fund's fourth fiscal quarter ended October 31, 2013.
Total net assets of the Fund* on October 31, 2013 were $106,245,500, as compared with $105,554,790 on July 31, 2013 and $113,286,760 on October 31, 2012. On October 31, 2013, the net asset value per share of common stock was $13.53 based on 4,836,261 shares of common stock outstanding.
October 31, 2013 |
July 31, 2013 |
October 31, 2012 |
|
Total Net Assets |
$106,245,500 |
$105,554,790 |
$113,286,760 |
NAV Per Share |
$13.53 |
$13.39 |
$14.99 |
Shares Outstanding |
4,836,261 |
4,836,261 |
4,835,496 |
For the period August 1, 2013 through October 31, 2013 total net investment income was $776,821 or $0.16 per share of common stock. The total net realized and unrealized gain was $671,499 or $0.14 per share of common stock for the same period.
Fourth Quarter Ended October 31, 2013 |
Third Quarter Ended July 31, 2013 |
Fourth Quarter Ended October 31, 2012 |
|
Total Net Investment Income |
$776,821 |
$747,753 |
$823,472 |
Per Share |
$0.16 |
$0.15 |
$0.17 |
Total Net Realized/ Unrealized Gain/(Loss) |
$671,499 |
($7,371,822) |
($98,303) |
Per Share |
$0.14 |
($1.52) |
($0.02) |
* 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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