AllianceBernstein Global High Income Fund, Inc. Reports Fourth Quarter Earnings
NEW YORK, May 28 /PRNewswire-FirstCall/ -- AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF), a registered closed-end investment company, today announced earnings for the fourth quarter ended March 31, 2010.
Total net assets of the Fund on March 31, 2010 were $1,232,795,720, as compared with $1,183,701,711 on December 31, 2009 and $731,002,503 on March 31, 2009. On March 31, 2010 the net asset value per share was $14.47 based on 85,171,833 shares outstanding.
March 31, 2010 |
December 31, 2009 |
March 31, 2009 |
||
Total Net Assets |
$1,232,795,720 |
$1,183,701,711 |
$731,002,503 |
|
NAV Per Share |
$14.47 |
$13.90 |
$9.58 |
|
Shares Outstanding |
85,171,833 |
85,171,833 |
76,336,108 |
|
For the period January 1, 2010 through March 31, 2010, total net investment income was $25,555,378 or $0.30 per share. The total net realized and unrealized gain/(loss) was $50,251,387 or $0.59 per share for the same period.
Fourth Quarter |
Third Quarter |
Fourth Quarter |
||
Total Net Investment Income |
$25,555,378 |
$24,932,040 |
$19,321,208 |
|
Per Share |
$0.30 |
$0.29 |
$0.25 |
|
Total Net Realized/ Unrealized Gain/(Loss) |
**$50,251,387 |
**$37,135,694 |
$10,126,782 |
|
Per Share |
**$0.59 |
**$0.44 |
$0.13 |
|
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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