AllianceBernstein Income Fund, Inc. Reports First Quarter Earnings
NEW YORK, May 28 /PRNewswire-FirstCall/ -- AllianceBernstein Income Fund, Inc. (NYSE: ACG), a registered closedend investment company, today announced earnings for the first quarter ended March 31, 2010.
Total net assets of the Fund on March 31, 2010 were $2,071,147,674, as compared with $2,033,406,470 on December 31, 2009 and $1,814,845,701 on March 31, 2009. On March 31, 2010 the net asset value per share was $8.53 based on 242,911,697 shares of common stock outstanding.
March 31, 2010 |
December 31, 2009 |
March 31, 2009 |
||
Total Net Assets |
$2,071,147,674 |
$2,033,406,470 |
$1,814,845,701 |
|
NAV Per Share |
$8.53 |
$8.37 |
$7.48 |
|
Shares Outstanding |
242,911,697 |
242,911,697 |
242,705,693 |
|
For the period January 1, 2010 through March 31, 2010, total net investment income was $28,265,132 or $0.12 per share. The total net realized and unrealized gain was $40,811,681 or $0.17 per share for the same period.
First Quarter Ended |
Fourth Quarter Ended |
First Quarter Ended |
||
Total Net Investment Income |
$ 28,265,132 |
$31,593,434 |
$32,957,035 |
|
Per Share |
$0.12 |
$0.13 |
0.14 |
|
Total Net Realized/ Unrealized Gain (Loss) |
$40,811,681 |
$7,612,968 |
(12,118,499) |
|
Per Share |
$0.17 |
$0.03 |
($0.05) |
|
AllianceBernstein Income Fund, Inc. is managed by AllianceBernstein L.P.
SOURCE AllianceBernstein Income Fund, Inc.
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