AllianceBernstein Income Fund, Inc. Reports First Quarter Earnings
NEW YORK, May 23, 2014 /PRNewswire/ -- AllianceBernstein Income Fund, Inc. (NYSE: ACG), a registered closed‑end investment company, today announced earnings for the first quarter ended March 31, 2014.
Total net assets of the Fund on March 31, 2014 were $2,015,974,135, as compared with $1,975,693,494 on December 31, 2013 and $2,156,924,950 on March 31, 2013. On March 31, 2014 the net asset value per share was $8.30 based on 242,911,697 shares of common stock outstanding.
March 31, 2014 |
December 31,2013 |
March 31, 2013 |
|
Total Net Assets |
$2,015,974,135 |
$1,975,693,494 |
$2,156,924,950 |
NAV Per Share |
$8.30 |
$8.13 |
$8.88 |
Shares Outstanding |
242,911,697 |
242,911,697 |
242,911,697 |
For the period January 1, 2014 through March 31, 2014, total net investment income was $25,688,433 or $0.11 per share. The total net realized and unrealized gain was $39,770,005 or $0.16 per share for the same period.
First Quarter Ended March 31, 2014 |
Fourth Quarter Ended December 31,2013 |
First Quarter Ended March 31, 2013 |
|
Total Net Investment Income |
$25,688,433 |
$25,066,142 |
$23,993,211 |
Per Share |
$0.11 |
$0.10 |
$0.10 |
Total Net Realized/ |
$39,770,005 |
$(96,601,526) |
$68,004,557 |
Per Share |
$0.16 |
($0.40) |
$0.28 |
AllianceBernstein Income Fund, Inc. is managed by AllianceBernstein L.P.
SOURCE AllianceBernstein Income Fund, Inc.
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