AllianceBernstein Global High Income Fund, Inc. Reports First Quarter Earnings
NEW YORK, Aug. 27 /PRNewswire-FirstCall/ -- AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF), a registered closed-end investment company, today announced earnings for the first quarter ended June 30, 2010.
Total net assets of the Fund on June 30, 2010 were $1,199,399,101, as compared with $1,232,795,720 on March 31, 2010 and $ 876,066,571 on June 30, 2009. On June 30, 2010 the net asset value per share was $14.08 based on 85,171,833 shares outstanding.
June 30, 2010 |
March 31, 2010 |
June 30, 2009 |
||
Total Net Assets |
$1,199,399,101 |
$1,232,795,720 |
$876,066,571 |
|
NAV Per Share |
$14.08 |
$14.47 |
$11.48 |
|
Shares Outstanding |
85,171,833 |
85,171,833 |
76,336,108 |
|
For the period April 1, 2010 through June 30, 2010, total net investment income was $26,354,336 or $0.31 per share. The total net realized and unrealized (loss) was $(34,209,216) or $(0.40) per share for the same period.
First Quarter |
Fourth Quarter |
First Quarter |
||
Total Net Investment Income |
$26,354,336 |
$25,555,378 |
$20,361,320 |
|
Per Share |
$0.31 |
$0.30 |
$0.27 |
|
Total Net Realized/ Unrealized Gain/(Loss) |
$(34,209,216) |
** $50,251,387 |
$145,716,719 |
|
Per Share |
$(0.40) |
** $0.59 |
$1.91 |
|
On September 25, 2009, AllianceBernstein Global High Income Fund, Inc. acquired all of the assets of ACM Managed Dollar Income Fund, Inc.
** The amount presented above represents the gain for the quarter in addition to unrealized appreciation of $4,515,708 from the merger with ACM Managed Dollar Income Fund, Inc.
AllianceBernstein Global High Income Fund, Inc. is managed by AllianceBernstein L.P.
SOURCE AllianceBernstein Global High Income Fund, Inc.
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